Vietnam: Strengthened Regulations and Accelerated Pilot Projects

1.National strategic deepening

Core policy: Continue the "2018-2025 Proposal for Sustainable Smart Cities", with the goal of forming four major smart city chains centered around Hanoi, Ho Chi Minh City, Da Nang, and Vinh Quy in 2030.

New direction

1. The Ministry of Construction has proposed a "people-centered" service system, and is promoting the implementation of smart transportation, medical care, and education scenarios.

2. Released the "Digital Infrastructure Strategy (2025-2030)", requiring that by 2025, fiber optic connections be available for all households, 5G coverage be achieved in key industrial parks and transportation hubs, and the per capita number of Internet of Things devices reach 1.

2.New Opportunities in Da Nang Free Trade Zone

Location: Global supply chain hub, covering an area of 1,881 hectares, including functional sections such as digital technology and innovative industrial zones.

Bonus policy

1. Taxation is based on the standards of the economic zone (such as preferential corporate income tax and reduction of land rent)；

2. The operational period of the project can be extended to 70 years.

Thailand: EEC New Town Brings In Trillions of Dollars in Investments

1.Upgrading of the Eastern Economic Corridor (EEC)

"The Second Bangkok" Plan: Invest 1.34 trillion baht to build the EEC New City in Chonburi Province, with a focus on developing six major industries:

1. Regional financial center

2. Precision medicine

3. International education

4. BCG (Biological - Circulatory - Green) Sustainable Industry

2.Digital technology integration

1. Introduce Huawei and Alibaba to jointly build a digital park, and give priority to the development of 5G, cloud computing and the Internet of Things.

2. Demand areas: New energy vehicles (BYD, Great Wall factories), smart healthcare, data centers.

Cambodia and Malaysia: Green and Rating-driven

1.Siem Reap Province, Cambodia

The special investment plan has been extended until the end of 2025: 297 projects have been approved (with a total investment of 7.03 billion US dollars), creating 53,000 jobs.

Key points of Smart City:

1. Attracting green industry investment through international cooperation;

2. Prioritize infrastructure renovation (roads, water and electricity systems).

2.Malaysian Smart City Rating System

1. The four-level certification system (from "early adopters" to "forward-thinking cities") aims to have 61 local governments meet the standards by 2025.

2. Financial support: Allocation of 50 million ringgit to assist 25 cities in upgrading smart infrastructure (such as energy and traffic sensing systems).