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Netflix to establish legal entity in Vietnam

She expressed the streaming giant’s hope that competent agencies in the country would create favourable conditions in order for Netflix to complete all procedures and find a legal entity locally in the near future. Lam for his part noted that with its potential in technology and content creation, Netflix would help fuel the development of the film industry and creative economy in Vietnam. He also requested that Netflix urgently set up a group to work closely alongside the Ministry of Information and Communications in order to regularly update the current operation situation and draw up a development plan after establishing a representative legal entity in Vietnam. The Ministry of Information and Communications will support Netflix as well as other foreign businesses in compliance with Vietnamese law, he said. Netflix, Inc. is an American media company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley it operates the over-the-to...

Vietnamese embark on global living journies

Over the past 50 years, Vietnamese people have left their motherland to plant new roots in Europe, the U.S., Canada, Australia, and New Zealand. Aside from western countries, thousands, maybe hundreds of thousands, of Vietnamese people live across Asian countries and territories such as Japan, South Korea, Taiwan, Singapore, Malaysia, Thailand, Cambodia, Laos, and the Philippines. Current estimates put the number of people in the Vietnamese diaspora at about four million. Not only do Vietnamese people live in these countries, but they have certainly made their mark. On a recent visit to Vietnam, former Israeli Prime Minister Ehud Barak said, “I know that Vietnamese people in Israel are good at cuisine and enduring in the military.” Au Co, considered the mother of Vietnamese civilization, when taking her fifty children to settle in the snow covered mountains of northern Vietnam, could never have imagined just how much her people would grow, develop, and spread. ...