The number of urban population is expected to increase to 6.7 billion (68% of the total population) by 2050. To accommodate and facilitate such a large number of citizens, the next step of the urbanization is smart cities, where most, if not all, urban issues are solved with technology in order for more convenient and humane living environment. In this regard, the key motivation for a sustainable smart city lies in its hyper-connectivity.

Economic ministers from 10 ASEAN member countries gathered in central city of Da Nang on Tuesday for the 26th ASEAN Economic Ministers' Retreat, during which they discussed economic cooperation plan this year.

2019 was a year of many surprises for the Vietnamese ecommerce sector: New ambitious players joined the heated space, previously formidable companies abruptly left the market, and big brands made strong positive movements in the sector.

While Vietnam is increasingly integrating into the world economy, shifting from traditional business to digital platforms is considered an effective solution for businesses to expand export markets.