Vietnam: Asia's Next Rising Tiger - Technology-Driven Nation

SINGAPORE--(Business Wire)--
Frost & Sullivan's Semiconductors Automation & Electronics of
Frost & Sullivan Asia Pacific (http://www.electronics.frost.com) will
host an exclusive live briefing on the Vietnam: Asia's next Rising
Tiger as a Technology-Driven Nation on June 25th, 2008 at 11:00 hrs
(GMT+ 08:00hrs) Singapore time.

Vietnam is emerging as an important Electronics Manufacturing
Services (EMS)/Original Device Manufacturers (ODM) and semiconductor
manufacturing services destination. In January 2007, Vietnam entered
the World Trade Organization. Vietnam's low-cost of labor,
availability of trainable local population and favorable government
policies are attracting global EMS/ODM companies to set-up operations
in this country.

The government's emphasis on making electronics a key export
earner is pushing Vietnam to migrate to the path of high-tech
industry. The country is also experiencing rapid increase in
semiconductor consumption. Many investors feel that it is easier to do
business in Vietnam than in China due to lesser regulatory hassles and
government business-friendly policies. The country has been witnessing
double-digit growth rate. In recent years, electronics and IT
industries have recorded the average growth rate of 25-35% a year.

Vietnam will soon emerge as a tough competitor to other well
established neighbors in Asia. It is to been seen if Vietnam will
emerge as a viable alternative.

Highlights of this analyst briefing includes an analysis of
Drivers and Challengers for Vietnam's EMS/ODM and Semiconductor
Industries, Education System and Labor Force, Vietnam's Semiconductor
Consumption, Leading OEMs in Vietnam and also a discussion on
macroeconomic indicators such as GDP growth, FDI inflow, and labor
costs. We will also provide an update of related and upcoming research
and an opportunity for a question and answer session with the analyst.

This briefing will benefit Original Equipment Manufacturers
(OEMs), component manufacturers, EMS, ODMs, electronics component
distributors as it discusses key competencies of Vietnam in addition
to providing trends and factors impacting the growth of ESM/ODM
services and semiconductor industry in Vietnam and semiconductor
consumption forecasts.

Akkaraju Venkata Sridevi, Research Analyst for the Semiconductors
Automation & Electronics of Frost & Sullivan Asia Pacific says, "The
electronics industry in Vietnam is still very young and it's rapidly
developing due to high priority in the government's development
strategy. The main products are printers, computer and mobile phone
telephone parts, circuit boards, etc. Vietnam's electronics industry
targets to reach US$ 5 to 6 billion in production value by 2010.
Vietnam has also become a heaven for investors from Korea and China.
Intel has tripled its investment in Vietnam to US$ 1 billion."

Sridevi also sates that Vietnam is the next emerging destination
for investments after China and India. "The economic growth rates
spell success for the country. Vietnam's economy is the fastest
growing economy, second only to China, in the Asian region. Vietnamese
Government support to establish industry parks, good physical
infrastructure, the availability of English-speaking workforce and low
labor costs are all factors that make Vietnam an attractive
destination."

Join us as Sridevi shares her insights on Vietnam as the next
technology-driven nation in the region. Those interested in
registering for the interactive webinar should send an email to
Corporate Communications - Donna Jeremiah at djeremiah@frost.com with
the following information: full name, company name, title, telephone
number, e-mail address, city, state and country. The registration
details will be emailed to you upon receipt of the above information.

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Frost & Sullivan
Corporate Communications - Asia Pacific:
Donna Jeremiah, +603 6204 5832
djeremiah@frost.com
or
Hwa Mei Ho, +603 6204 5897
hwamei.ho@frost.com

Copyright Business Wire 2008