IT revolution in Vietnam

The cover story of this week YZZK (Asia Weekly Magazine) is about the
IT revolution in Vietnam.

Here are the brief facts:
1. Intel has started investing in Vietnam. Current staff size is 13. Plan to grow to 1200. The new plant for Test and Assembly will be ready in a year or two.

2. Bill Gates visited Vietnam recently. Microsoft is going to invest in Vietnam.

3. To the MNCs, Vietnam is equally attrative as China. The labour cost is half of China.

4. Vietnam is going to enter WTO this year.

5. There are a sizeable Vietnamese community in the Bay Area, USA. They are going to be the pioneer and the bridge to bring the investment to Vietnam.

The conclusion: Vietnam will be the new star.