Library

Danang cooperates with South Korea in building an intelligent transportation system

On October 28th, Vice Chairman of Danang People’s Committee had a meeting with Seoul Metro delegation, represented by Mr. Shim Seung Moo – Director of Seoul Metro International Relations Department.

At the meeting, the parties discuss about the program “Building Intelligent Traffic System” (ITS) in Danang, including the main contents such as: basic survey of the area where the project is supported; Reviewing and evaluating Danang plans and policies, development regimes; Analyze the appropriateness of the time as well as the project content and budget ….

Mr. Shim Seung Moo – Director of Seoul Metro’s International Relations Department said: Using the ITS application to operate and manage the transportation system is a necessary job for Vietnam and Danang. If ITS is implemented in an integrated manner, traffic congestion during peak hours as well as traffic accident incidents in the area will be quickly resolved.

In the coming time, to deploy the ITS project, Seoul Metro will support Danang in installing infrastructure, equipment, violation monitoring systems (speeding, illegal parking), system of moving fee, parking management … It is expected that the project will be implemented according the plan during 3 years: The first year of construction of architectural frames, the second year of organizing training and installation, the third year of operation.

On behalf of the representative of Danang city, Vice Chairman of the City People’s Committee-Mr. Dang Viet Dung, agreed and highly appreciated the proposals of the Seoul Metro mission in surveying and supporting Danang to build the ITS system. Especially in the context that Danang aims to build a smart city in the period of 2018-2025, with a vision to 2030.

South Korea is known as a country with IT industries in the world, including the electronics, telecommunications and transportation. Therefore, the application of information technology applications in parking, solving traffic congestion, traffic flow,… will be necessary conditions towards building a smart city in Danang in the future.

The Vice President assigned the Department of Transport and the Department of Planning and Investment to early develop a detailed plan of the project to submit to KOICA and competent agencies in Vietnam for consideration, and to build a roadmap to receive it. KOICA’s non-refundable capital. Besides, the Vice Chairman expected the relevant units to coordinate to implement the project effectively.

With the goal of building a smart city in 2030, Danang wants to attract more investors from many different countries, to make investments in the field of information technology in Danang, to achieve the goals to be the smart city set by the city in the future.

We help clients overcome cultural barriers and achieve their strategic and financial outcomes, while ensuring the best interest protection, risk mitigation and regulatory compliance. ANT Lawyers has lawyers in Ho Chi Minh city, Hanoi, and Danang, and will help customers in doing business in Vietnam.

How ANT Lawyers Could Help Your Business?

You could reach ANT Lawyers for advice via email ant@antlawyers.vn or call our office at (+84) 24 730 86 529

Tuan Nguyen

Recent Posts

Decree 357/2025 on the Real Estate Market Data System

On December 31, 2025, the Government of Vietnam issued Decree 357/2025/ND-CP, regulating the construction, management,…

22 hours ago

How to Set Up Representative Office in Vietnam: 5 Essential Steps Every Foreign Investor Must Know in 2026

This guide explains how to set up representative office in Vietnam in 2026. It covers…

22 hours ago

How to Start an E-Commerce Business in Vietnam: A Strategic Guide for Foreign Investors From 2026

Vietnam’s digital economy is moving faster than many investors expected. Online retail is expanding beyond…

2 weeks ago

9 Red Flags of Equity Transfer Disputes Investors Miss During Due Diligence in Vietnam

Vietnam’s M&A market continues to mature. Private equity, strategic investors, and regional conglomerates are increasingly…

2 weeks ago

8 Enforcement Risks in Vietnam That Even Litigation Law Firms Cannot Ignore

Enforcement Risks Introduction Even if your company wins in a court case and a favourable…

3 weeks ago

E-Commerce Law 2025: What Foreign Online Businesses Should Review Before July 2026

E-Commerce Law 2025 marks a structural shift in how online commerce is regulated. The E-Commerce…

3 weeks ago

This website uses cookies.