Published October 01,2024
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Facebook mother or father Meta will produce its next-generation digital and augmented actuality headsets in Vietnam, creating greater than 1,000 jobs, the corporate stated Tuesday.
The announcement comes as Vietnam appears to be like to spice up its attractiveness as a vacation spot for funding by the world’s greatest corporations and a key a part of the worldwide provide chain.
Speaking at a tech convention in Hanoi, Meta’s international affairs president Nick Clegg stated the agency would concentrate on the manufacturing of the Quest 3S headset within the Southeast Asian nation.
“We will, with our local partners, be manufacturing them here in Vietnam, and we estimate that this will create well over 1,000 new jobs,” he stated.
Communist Vietnam — lengthy a low-cost vacation spot to make garments, sneakers and furnishings — is eyeing a fast climb up the worldwide provide chain and final week the federal government stated Elon Musk’s SpaceX plans to take a position $1.5 billion within the nation.
Vietnam’s prime chief To Lam used a visit to New York final month to satisfy bosses from Apple, Meta and IT agency Supermicro.
He additionally met President Joe Biden, a yr after the U.S. chief made a high-profile state go to to Vietnam to spice up diplomatic and commerce ties.
Vietnam is especially intent on creating its capabilities within the profitable chip trade, with international provide chain shocks and fears about US reliance on China for key assets boosting funding there.
Meta’s Facebook is extensively utilized in Vietnam and Clegg stated the nation was among the many international leaders in utilizing its Messenger platform “not just to send messages to family and friends, but actually communicate with businesses and so foster trade and commerce across the country”.
But Facebook has additionally confronted criticism from human rights teams in recent times for blocking content material deemed unlawful by the nation’s authorities.
Facebook is a well-liked platform for activists in Vietnam, the place all unbiased media is banned.
Source: www.anews.com.tr