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Netflix making preparations to open Vietnam office

Business & FinanceEconomy

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. 

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

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