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Vietnam’s ‘Silicon Valley’ sparks startup boom

HO CHI MINH CITY, Vietnam: Recent Vietnamese connoisseur looking for an English denunciation teacher?

A decade ago such record would expected have been grown in California’s Silicon Valley, though currently those apps are being topsy-turvy out by Vietnam’s startup zone – an attention driven by internal techies lerned abroad though returning home to stalk for opportunities.

Much of a technology, that also includes renouned mobile games and e-commerce software, is being constructed for internal consumers in Vietnam, where a median age is 30 and internet connectivity is fast expanding.

Other apps grown in Vietnam embody Lozi for food lovers and mobile bespoke tailor UKYS, that are not connected to Thai’s firm.

State media reported turnover in a program and IT services attention was $3 billion final year, from $2 billion in 2010, citing a Vietnam program and IT services association.

The supervision has also summarized a possess plan for a sector, and founded Vietnam Silicon Valley in 2013 to emanate an “ecosystem of innovations and record commercialization”.






Article source: http://www.dailystar.com.lb//Business/International/2016/Sep-08/371037-vietnams-silicon-valley-sparks-startup-boom.ashx