E-commerce, IT and software development have been developing incredibly fast in Vietnam over the years making it potential for IT business to be set-up.
With more than 93 mil of population which 52% having access to internet. The average Vietnamese using Google to extract information from internet is three times higher than world average. Vietnam has been rated top 10 Asian countries with fastest growth rate of internet users. Those are the reasons why Google considers Vietnam as important market for penetration, localization and business development.
Sundar Pichai, CEO of Google will arrive in Hanoi on December 22nd to talk with the start-up technology in Vietnam, showing the practical interests of Google in Vietnam. Technology so far appears to be one of the most attractive areas for foreign investment.
According to Google’s communications department in Vietnam, the initial interaction of Google CEO with Vietnamese audience including programmers, students and the media, will be held on a small scale in one hour, for the purpose of sharing experiences and inspiration. Sundar Pichai will also meet with three unidentfied individuals of Vietnam whom are supposed to be influencial in Vietnam IT industry.
Sundar Pichai joined Google since 2004, played role as orientation for the Google Toolbar and Google Chrome, the key products of Google that hundreds of millions of consumers are using.
In 2014, Sundar managed the product parts, engineering and research for all products and technology platforms of Google, including Google Search, Maps, Google Play, Advertising and solutions using cloud platforms for consumers, businesses and the education sector, which were known under the name of Google Apps and Cloud Platform. The two most important platforms in the computer industry as Android and Chrome are also within his administration.
After years of closely working with Google’s founders, Larry Page and Sergey Brin, Sundar has been accredited and formally undertaken the CEO position of Google since August 2015.
This is the first time that a senior leader of Google comes to Vietnam. In early December, Apple co-founder Steve Wozniak also came to Ho Chi Minh City to attend an event on social networks, mobile, statistical data and cloud computing in Vietnam.
In previous years, many well-known personalities of the world technology industry visited Vietnam. In 2006, Bill Gates as the Chairman of Microsoft visited Hanoi to launch the project to disseminate information technology. In May 2010, CEO of Microsoft Steve Ballmer had a talk with students of the Hanoi University of Science and Technology and Vietnam National University, focusing on new technologies such as cloud computing. In 2013, Stephen Elop, head of Nokia’s mobile segment (at that time belonged to Microsoft) also presented in Hanoi and Ho Chi Minh City to meet the domestic software partners.
Finding the right business partner in Vietnam is also important. We recommend doing research on the reputation of the company and individual shareholders, corporate or individual, gathering publicly available company information, and performing background checks on key personnel to find potential risks in cooperation. Working with a reliable partner can help achieve economic benefits, saving time and money in business.