Categories News

FPT, Grab to develop smart city solutions as strategic partners

FPT and Singapore-based ride-hailing firm Grab have signed a strategic partnership agreement last Friday, which will see the duo working together to develop smart city solutions for Vietnam.

A real-time traffic surveillance system will be introduced, utilizing FPT’s expertise in smart transportation solutions as well as Grab’s traffic data and analytical capabilities. The two Southeast Asia’s leading tech firms also plan to develop electric vehicle charging stations in Vietnam and explore multi-modal transport initiatives that can integrate FPT’s public transport schedule with Grab’s diverse mobility solutions.

The smart city solutions will be implemented in Vietnam’s major cities, starting with Ho Chi Minh city which is currently accommodating more than 8 million-people.

Grab Vietnam’s Country Head, Mr. Jerry Lim affirmed: “We are delighted to be working with a technology champion like FPT on a suite of services and solutions that will significantly transform Vietnam’s digital and mobility landscape. With our repository of traffic data, analytical capability and experience in public transport in Vietnam and other Southeast Asian countries, Grab will collaborate with FPT to develop smart cities solutions that enable easier, more convenient and safer mobility of Vietnamese users”.

“The partnership between FPT and Grab is expected to bring an invigorated experience and increased convenience to Vietnamese people, along with boosting Grab’s efficiency,” said Mr. Le Hong Viet, FPT’s Chief Technology Officer. “We strongly believe FPT’s advanced technologies, especially in artificial intelligence, coupled with Grab’s traffic data ecosystem will be the basis for a successful cooperation, helping to solve traffic issues for Vietnam ”, he added.

FPT has developed and piloted seven groups of smart transportation solutions  including: (1) provision of real-time traffic data, (2) transport infrastructure maintenance, (3) traffic navigation, (4) detection of traffic violation via images and journey monitoring, (5) public transport development, (6) personal vehicle management, and (7) traffic rescue. These solutions capitalize on core technologies of the digital revolution 4.0 such as Internet of Things, Artificial Intelligence, Image Processing, Machine Learning, and Big Data Analysis, etc.

FPT, Grab sign strategic partnership agreement to develop smart city solutions for Vietnam

Recent Posts

  • News

FPT and OAV Co-hosted First Webinar on IT Outsourcing Trends amid COVID-19

Earlier this week, FPT and the German Asia-Pacific Business Association (OAV), the largest German association for the promotion of German-Asian business relationships, have successfully hosted…

1 day ago
  • News

FPT Software Partners with Online University FUNiX to Build Digital Workforce

Last July, FPT Software signed an agreement with Vietnam’s first online university FUNiX to help educate the next-generation workforce of Vietnam. Apart from co-designing the curriculum of…

3 weeks ago
  • News
  • Press Release

FPT Partners with OutSystems to Accelerate Adoption of Low-Code Platforms in Japan

  Vietnam’s largest tech firm FPT has recently signed the Managed Services Partner agreement with global software firm OutSystems, a…

4 weeks ago
  • News

Forbes Recognizes FPT in Battle Against COVID-19

FPT has recently been recognised by the US-based business magazine Forbes for its efforts to combat the Coronavirus (COVID-19) pandemic,…

1 month ago
  • News

FPT Hosted First Virtual Shareholders’ Meeting amid COVID-19

FPT has successfully hosted the first virtual Annual General Shareholders’ Meeting early April, one week after Vietnam’s Government declared COVID-19…

1 month ago
  • News
  • Press Release

FPT Software and The Qt Company Join Hands for Digital Transformation in Southeast Asia

HANOI, Vietnam, April 17, 2020 – Vietnam’s leading IT services provider FPT Software on Friday signed a partnership agreement with…

1 month ago