Exclusive: Netflix making preparations to open Vietnam office sources

Source: reuters.com reuters.com

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SINGAPORE, Feb 24 (Reuters) - U.S streaming giant Netflix Inc (NFLX.O) is making preparations to open an office in Vietnam after years of negotiations with authorities and completing a risk assessment, two sources with knowledge of the matter said. A local office would make Netflix the first major U.S tech firm with a direct presence in the fast-growing Southeast Asian country of 100 million, increasingly seen as too lucrative to ignore despite wariness over its stringent internet rules. Netflix declined to comment in response to Reuters questions about its plans and its current operations in Vietnam. The company is in...