Meta Ramps Up Metaverse Investments in Vietnam

Meta Platforms has reportedly launched plans to boost its metaverse technology investments in Vietnam.
 
VN Express International reported on Tuesday that Joel Kaplan, Vice President for US Public Policy, Meta, said his company had begun shifting production to the nation four years ago.
 
However, due to the COVID-19 pandemic, Meta shelved its plans to move forward with the initiative.
 
As the world continues to reopen after the crisis, the tech giant aims to push its Vietnam ambitions following a meeting at Meta’s headquarters with Pham Minh Chinh, Prime Minister of Vietnam.
 
The meeting took place after the latter visited the United States and met with executives at the Menlo Park-based office. PM Chinh said that leaders from both nations have pledged to uphold their partnerships across science, technology, and research and development (R&D).
 
He added that US firms in Vietnam, like Meta, had played a significant role in realising the potential of his government’s Comprehensive Strategic Partnership.


Source: XR Today