Khuong said that Singapore is considered a prime example when referring to smart city development experiences worldwide.
A smart city involves not only the application of technology but also relies on six key pillars: a smart government, a strong digital economy, convenient transport systems, digital capabilities of citizens, quality living conditions for residents, and sustainable development with a green environment, he stated.
Khuong also emphasised that Singapore places great importance on these factors in its development strategy.
The expert also mentioned three main models for building smart cities: Singapore’s model, which puts the government role at the centre; Copenhagen’s model, which involves participation of citizens and businesses; and Dubai’s model, which is built on a smart foundation from the outset, based on experts' consultancy.
Regarding the question of balancing economic development and environmental protection, he affirmed that economic growth and environmental preservation are an integrated whole, and Vietnam needs to focus on green development to attract investment.
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