Hanoi (VNS/VNA) - The ICT (information and communication technology)reference framework for the development of smart cities (version 1.0) has beenissued by the Ministry of Information and Communications as a basis forlocalities and businesses to develop smart city projects.
The ICT reference framework is a set of functions to link smart regions,applications, and urban services to ensure consistency and synchronisation insmart city development, according to Decision 829/QD-BTTTT on the ICT referenceframework issued on May 31 by the Ministry of Information and Communication.
The ICT reference framework for developing smart cities is the basis forbuilding and implementing smart city plans, smart city development investmentprojects, plans on leasing smart city services and the ICT architecture ofsmart city development.
Building of the ICT reference framework is one of the tasks included inDecision 950/QD-TTg on sustainable development of smart cities in 2018-25,issued on August 1, 2018 by the Prime Minister.
Priority fields and services for smart city development include smart citymanagement, water systems, waste collection and treatment systems, grids,lighting systems, traffic systems, education and healthcare.
In recent years, many provinces and cities in Vietnam have started plans tobuild pilot projects on smart city development such as Ho Chi Minh City, Hanoi,Da Nang, Thua Thien-Hue, Binh Duong, Da Lat, Thai Nguyen, Hai Phong, Quang Ninhand Can Tho.
However, the localities have not been able to draw upon standards like the ICTreference framework in the process of developing their smart city projects.
Vietnam has taken the first steps on the journey towards smart cities,according to Savills Vietnam, a foreign property service provider in Vietnam.
“At the city level, there have efforts made by local authorities to create asmart city, including utilities, power and public facilities,” said MatthewPowell, Director of Savills Vietnam’s Hanoi branch.
“At the project level, developers and buyers have shown strong interest in howto make buildings safe and smart from the management and operation perspective,including security systems, internet connectivity, electricity and environmentalfactors. Within the home itself, we of course have internet of things andintegrated smart assistants provided by third parties.”
Powell believes learning, research and testing are necessary to building smartcities successfully and sustainably.
“In my opinion, it is about looking regionally and working with aninternational consultant to find the right direction and products fordevelopment.”
“Developers have a lot of options regarding where and how smart technologycould be applied, but not all of them are useful and suitable for the propertyand Vietnamese customers. As such, developers need to do their research andexamine these smart features to find the right supplier for hardware andsoftware, with long term technological impacts for the property product, theproject and customers, not a frivolous gimmick for marketing or salespurposes.”
According to Jones Lang LaSalle Incorporated (JLL) Vietnam, a commercial realestate services firm, the smart townships launched by developers have achievedhigh sale rates. Since it first launch in 2016, the Hanoi property market haswelcomed more than 10,000 smart units with a sale rate of approximately 70 percenton an average.
JLL expects more smart township projects to come to the market in the near future.These include BRG Smart City in Hanoi, Ecopark Smart City in Huong Yen province,Dragon Smart City in Da Nang and Thu Thiem Eco Smart City in HCM City.
These projects promise all types ofconvenience – smart landscape planning with advanced IT infrastructure to builda smart and eco-friendly neighbourhood where residents can enjoy integratedservices within a walkable distance.
Undeniably, smart townships are gaining significant popularity that hasdirectly led to a series of changes in Vietnam’s property market. While itcould be a good option for investors and individual buyers, the latter shouldbe aware that different developers are providing different technology solutionsto varying degrees.
The Vietnamese property market is starting its journey where both public andprivate sectors are changing the urban landscape to incorporate technology thatcould enhance the living environment, it said.
JLL expects that for future real estate developments, “stay smart” will notjust be a trend but also a “must-have”.
The adoption of new technology platforms generates new and moreeasily-accessible market data, which is key for overall real estatetransparency in Vietnam, it said.
HCM City and Hanoi have some of the youngest and most tech-savvy populations inthe world. The country’s population is young, with 70 percent of its citizensbelow the age of 35, while they are highly literate with a 98.5 percentliteracy rate among those aged 15 to 35, JLL said.
The Visa Consumer Payment Attitudes Study found that 84 percent of Vietnameserespondents shop online at least once a month, trailing closely behind Thailandat 85 percent. Developers of new residential projects are leveraging this trendand building smart townships to attract young buyers, according to JLL. — VNS/VNA
The ICT reference framework is a set of functions to link smart regions,applications, and urban services to ensure consistency and synchronisation insmart city development, according to Decision 829/QD-BTTTT on the ICT referenceframework issued on May 31 by the Ministry of Information and Communication.
The ICT reference framework for developing smart cities is the basis forbuilding and implementing smart city plans, smart city development investmentprojects, plans on leasing smart city services and the ICT architecture ofsmart city development.
Building of the ICT reference framework is one of the tasks included inDecision 950/QD-TTg on sustainable development of smart cities in 2018-25,issued on August 1, 2018 by the Prime Minister.
Priority fields and services for smart city development include smart citymanagement, water systems, waste collection and treatment systems, grids,lighting systems, traffic systems, education and healthcare.
In recent years, many provinces and cities in Vietnam have started plans tobuild pilot projects on smart city development such as Ho Chi Minh City, Hanoi,Da Nang, Thua Thien-Hue, Binh Duong, Da Lat, Thai Nguyen, Hai Phong, Quang Ninhand Can Tho.
However, the localities have not been able to draw upon standards like the ICTreference framework in the process of developing their smart city projects.
Vietnam has taken the first steps on the journey towards smart cities,according to Savills Vietnam, a foreign property service provider in Vietnam.
“At the city level, there have efforts made by local authorities to create asmart city, including utilities, power and public facilities,” said MatthewPowell, Director of Savills Vietnam’s Hanoi branch.
“At the project level, developers and buyers have shown strong interest in howto make buildings safe and smart from the management and operation perspective,including security systems, internet connectivity, electricity and environmentalfactors. Within the home itself, we of course have internet of things andintegrated smart assistants provided by third parties.”
Powell believes learning, research and testing are necessary to building smartcities successfully and sustainably.
“In my opinion, it is about looking regionally and working with aninternational consultant to find the right direction and products fordevelopment.”
“Developers have a lot of options regarding where and how smart technologycould be applied, but not all of them are useful and suitable for the propertyand Vietnamese customers. As such, developers need to do their research andexamine these smart features to find the right supplier for hardware andsoftware, with long term technological impacts for the property product, theproject and customers, not a frivolous gimmick for marketing or salespurposes.”
According to Jones Lang LaSalle Incorporated (JLL) Vietnam, a commercial realestate services firm, the smart townships launched by developers have achievedhigh sale rates. Since it first launch in 2016, the Hanoi property market haswelcomed more than 10,000 smart units with a sale rate of approximately 70 percenton an average.
JLL expects more smart township projects to come to the market in the near future.These include BRG Smart City in Hanoi, Ecopark Smart City in Huong Yen province,Dragon Smart City in Da Nang and Thu Thiem Eco Smart City in HCM City.
These projects promise all types ofconvenience – smart landscape planning with advanced IT infrastructure to builda smart and eco-friendly neighbourhood where residents can enjoy integratedservices within a walkable distance.
Undeniably, smart townships are gaining significant popularity that hasdirectly led to a series of changes in Vietnam’s property market. While itcould be a good option for investors and individual buyers, the latter shouldbe aware that different developers are providing different technology solutionsto varying degrees.
The Vietnamese property market is starting its journey where both public andprivate sectors are changing the urban landscape to incorporate technology thatcould enhance the living environment, it said.
JLL expects that for future real estate developments, “stay smart” will notjust be a trend but also a “must-have”.
The adoption of new technology platforms generates new and moreeasily-accessible market data, which is key for overall real estatetransparency in Vietnam, it said.
HCM City and Hanoi have some of the youngest and most tech-savvy populations inthe world. The country’s population is young, with 70 percent of its citizensbelow the age of 35, while they are highly literate with a 98.5 percentliteracy rate among those aged 15 to 35, JLL said.
The Visa Consumer Payment Attitudes Study found that 84 percent of Vietnameserespondents shop online at least once a month, trailing closely behind Thailandat 85 percent. Developers of new residential projects are leveraging this trendand building smart townships to attract young buyers, according to JLL. — VNS/VNA
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