Tin Pháp lý
Google sees Vietnam as key market

23 December 2015
The Saigon Times

Google Inc. regards Vietnam as one of its important growth markets, so it wants to expand operation and contribute to Vietnam’s socioeconomic and information technology (IT) development.

Google CEO Sundar Pichai was speaking at a meeting with Prime Minister Nguyen Tan Dung in Hanoi on December 22.

In the coming time, Pichai said, Google will implement a number of projects to train around 1,400 Vietnamese engineers and IT experts, promote Vietnam’s tourism and assist small and medium enterprises of Vietnam in accessing world markets via e-commerce and education-training programs.  

On his part, the Prime Minister requested Google to coordinate with Vietnamese agencies in complying with regulations concerning cross-border trade.

Vietnam has a young population and 52% of the country’s 93 million people have access to the Internet with most of them familiar with Google, Dung said, and Vietnam encourages the development of the Internet and IT.

The country will continue creating favorable conditions for technology giants like Google to do business in Vietnam, he said, adding he expected Google to enhance cooperation with local partners.

A survey of Google showed the Vietnamese people’s use of search engine Google for information and education is three times higher than the world’s average.

Pichai spoke of Vietnam’s high growth potential in IT. He said with the future signing of a bilateral free trade agreement with the European Union and the Trans-Pacific Partnership (TPP), Google will have a great chance to step up operation in Vietnam.

Speaking at a meeting with the Vietnamese startup community in Hanoi on the same day, Pichai said the Vietnamese market is full of potential thanks to a large population, a high percentage of Internet penetration, and a strong entrepreneurship spirit.

Pichai advised Vietnamese startups should grow strongly enough on the domestic market before branching out to foreign markets.

He said Google has run a talent program in Vietnam and recruited ten talented students. He also met Nguyen Ha Dong, the creator of popular mobile phone game Flappy Bird, at a street iced tea shop in Hanoi and talked with FPT chairman Truong Gia Binh during his visit to Vietnam.
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