Vo Quang Hue, Managing Director at Bosch Vietnam Company Ltd, said as Vietnam accelerates its the industrialization and urbanization process it is looking towards a smart economy. These trends provide an opportunity for Bosch to diversify its products, especially in connectivity solutions for smart city and Industry 4.0.Two years ago, Bosch invested more than US$23 million in improving production capacity in Vietnam. It continued to pour US$22 million for Gasoline Systems plant to produce CVT Pushbelts in Dong Nai in 2016 and around US$1 million in waste water treatment for the plant in 2015.Currently, Bosch employs more than 3,100 associates in Vietnam, more than 40% of whom are based at its two R&D facilities in HCM City. It focuses on Vietnam’s potential to develop state-of-art technologies through connectivity solutions, especially in smart city and industry 4.0.