Facebook and Whatsapp‘s parent firm Meta announced on Tuesday that it will hire more than 1,000 workers in Vietnam to build its next-generation virtual and augmented reality headgear. This is also consistent with the company’s recent efforts to increase its presence in Vietnam, which include increased investments in artificial intelligence research and the manufacture of its most recent mixed reality headsets starting in 2025.
Meta has great confidence in Vietnam as an investment market destination, as evidenced by its foray into manufacturing virtual reality headset Quest 3S in the country and he says that Vietnam was among the leading messaging markets for Meta via its Messenger app.
Nick Clegg, president of Meta’s worldwide affairs, made the news during a trip to Vietnam, which took place only one week after he visited Vietnamese President To Lam in New York.
According to him, Vietnam should keep its advantages in luring investors while also preserving uniformity in its legal system.
As for new legislation, Clegg clarified that they should “follow international practices” and be “easy to understand and implement.”
According to a statement from Clegg, “Meta will expand manufacturing of its latest Mixed Reality device Quest 3S to Vietnam starting in 2025.”
When Reporters asked Meta for comment about the amount of the investment and the company’s current operations in Vietnam, Meta did not reply.
It was also unclear if vendors were used for manufacture.
Tens of millions of Vietnamese people use Facebook, the social media network owned by Meta.
“Vietnam remains a significant nation for Meta. Our platforms are used by millions of consumers and small companies,” Clegg stated in the statement.
In addition, Meta announced that it will shortly start testing Meta AI in Vietnamese. In June, it began testing Business AI for Messenger in the nation, and by the end of the year, it would be fully launched.
The CEO held the Vietnamese government’s data strategy in high respect, as well as the nation’s assets, which include a youthful, vibrant, tech-savvy population of 100 million people and a strong educational base.
In addition to expressing Meta’s delight at being a part of the “Innovation Challenge” organized by the Vietnamese Ministry of Planning and Investment, Clegg pledged to keep introducing innovative projects that would aid in the expansion of small and medium-sized enterprises in Vietnam. The leadership also offered suggestions for more harmonious corporate environments in the areas of regulatory frameworks and band planning.
In order to foster collaboration in the areas of science, technology, education, innovation, artificial intelligence, and the Internet of Things, PM Chinh, for his part, requested the tech business to continue working with Vietnamese agencies and partners, particularly the Vietnam National Innovation Center.
Chinh called on Meta to enable local firms, organizations, and individuals to engage in the value chain, online platforms, and apps of Meta. In order to better safeguard users of social media, he also ordered Meta to strengthen its collaboration with local authorities in the fight against online fraud and poisonous information services. The head of state promised to make sure investors have access to enough sustainable energy.
China reaffirmed its commitment to protect legal rights and interests and to help international investors, including Meta, operate within the law.
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