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Hackers News

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IT industry eyes Vietnam

The world's biggest chip maker Intel is investing in Vietnam and Microsoft chairman Bill Gates is due to visit this weekend, but the poor Southeast Asian country's IT industry has a long way to go. Business analysts say that for the second time in a decade an array of foreign industries and services, including IT firms, have an eye on Vietnam's highly literate, young workforce. "Don't take one announcement or two announcements to suggest Vietnam is there," cautioned Myron Brilliant, a vice president for Asia in the U.S. Chamber of Commerce on a March visit. "There is a lot of competition in the region and globally."

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