To open the companies with advanced technologies is particularly welcome.

Let it be, for example, just a small workshop for steel production, but with the application of advanced technologies.

In this case, local authorities will facilitate the early opening of the enterprise.

Acting Russian trade representative in Vietnam Yuri Yunin said about the same things: “I can recommend Russian specialists … to use advanced technologies to promote their supply to competitive Vietnamese market”.

In April 2008, Russian IT company Luxoft has opened a development center in Ho Chi Minh City.

The staff would be about 50 people initially, but in the second year it is planned to bring it up to 200-300 people.

Having opened a representative office in Vietnam, the company expects to increase its competitiveness in the global market.

Company NeoIT, advising major international companies on the processes of Outsourcing Information Technology, puts Ho Chi Minh City on the first place among the centers of industry in Asia (excluding India, which is a strong competitor in this area).