Reuters exclusively reported that U.S streaming giant Netflix Inc (NFLX.O) is preparing to open an office in Vietnam after years of negotiations with authorities and completing a risk assessment. A local office would make Netflix the first major U.S tech firm with a direct presence in the fast-growing Southeast Asian country of 100 million, increasingly seen as too lucrative to ignore despite wariness over its stringent internet rules.
Business & FinanceEconomy
24 February 2023, 4:04 pm. 1 minute
Market Impact
With the fastest growing middle class in Southeast Asia, Vietnam has become a key market for tech giants.
Article Tags
Topics of Interest: Business & FinanceEconomy
Type: Reuters Best
Sectors: Economy & PolicyTechnology
Regions: AmericasAsia
Countries: United StatesVietnam
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
Share this article
Sign up for email updates
Subscribe
Sign up for email updates