Global tech giants drawn to Vietnam’s big push to become advanced manufacturing hub
Add BT as a preferred source
[HO CHI MINH CITY] For decades, Vietnam has been the home of low-cost manufacturing facilities and cheap labour. In recent years, however, the government and the private sector have made a big push to bring in the best talent in an ongoing effort to become a regional technology manufacturing hub.
This has attracted the attention of numerous global tech giants, many of whom have beefed up their investments in Vietnam’s high-tech sectors.
Last December, Samsung inaugurated a US$220 million research and development (R&D) centre in the capital Hanoi, its largest in South-east Asia. Nearly all of the 2,000 staff at the 16-storey facility are local tech talent who graduated from the country’s top universities.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Is it time to scrap COE categories for cars?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
