Vietnamese businesses apply AI to solve traffic congestion and accidents

Surveillance cameras combined with artificial intelligence (AI) allow for quick identification of problems such as accidents, traffic jams, etc., thereby helping to effectively coordinate traffic.

Vietnamese company Hyphen Deux joins hands with the world's leading technology corporations to develop AI chips, helping to optimize urban monitoring and management systems, and build smart city solutions - Photo: BTC

Hyphen Deux - a semiconductor design company in Vietnam - has just signed a strategic cooperation agreement with Arm Korea Ltd and CoAsia SEMI (two leading global technology corporations) in Ho Chi Minh City, to promote the application of AI in building smart city solutions.

The project focuses on improving the video surveillance and image recognition system, supporting effective traffic coordination.

Mr. Bui Duy Khanh, founder & CEO of Hyphen Deux, shared that Hyphen Deux is developing a specialized AI chip capable of analyzing real-time data from traffic surveillance cameras to identify dangerous situations such as accidents, traffic violations or congestion.

"Through this, the system can respond promptly, support traffic coordination and minimize incidents, improve monitoring efficiency, help improve traffic operation efficiency and optimize the use of urban resources," said Mr. Khanh.

Mr. Khanh emphasized that the cooperation with Arm and CoAsia SEMI is an important step forward, promoting AI technology in Vietnam and building smart, sustainable urban infrastructure.

Mr. SW Hwang, president of Arm Korea, affirmed "commitment to supporting Vietnam, including the field of human resource training and companies like Hyphen Deux, with the aim of developing AI solutions effectively".

Similarly, Mr. Shin Dong Soo, CEO of CoAsia SEMI, expects the combination of CoAsia SEMI's expertise and Hyphen Deux's creative vision to create advanced technology solutions, contributing to the construction of smart cities not only in Vietnam but also in the region.

AI is revolutionizing transportation around the world.

According to a report by Capgemini, artificial intelligence (AI) helps reduce private car ownership, promoting a shift to public transport, thereby reducing congestion and environmental pollution.

Around the world, many countries have applied AI to develop smart cities, especially in improving transport infrastructure. For example, Singapore uses AI to optimize traffic, while South Korea monitors bus safety and analyzes dangerous driving behavior to minimize accidents...

In that context, Mr. Nguyen Trung Chinh, Chairman of the Board of Directors of CMC Technology Group, proposed that Ho Chi Minh City become a global AI center at the Ho Chi Minh City Economic Forum 2024. He affirmed that AI is not only a technology but also an important factor promoting economic development. According to him, if AI is effectively applied, Vietnam can increase its GDP by up to 14% by 2030.

Source: https://tuoitre.vn/doanh-nghiep-viet-ung-dung-al-giai-bai-toan-giao-thong-un-tac-tai-nan-20241120120515932.htm