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Ho Chi Minh City, Vietnam, to build smart city with blockchain framework

Ho Chi Minh City
Today, Vietnam News reported that Ho Chi Minh (HCM) City will develop a blockchain infrastructure to aid its smart city transformation. The technology will be used to mitigate risk and streamline processes, an official said at the annual Hi-tech Park conference on Friday. At the conference, it was revealed that the Vietnam government will promote and encourage blockchain. Trần Vĩnh Tuyến, VC of HCM City’s People’s Committee, said that the Ministry of Science and Technology will give priority to blockchain start-ups through a new project called ‘Support a National Innovative Start-up Ecosystem by 2025’. “The city will give top priorities to projects that apply science and technology, especially the use of artificial intelligence in solving the city’s problems and for smart urban development,” Tuyến added.

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