Netflix to establish legal entity in Vietnam

She expressed the streaming giant’s hope that competent agencies in the country would create favourable conditions in order for Netflix to complete all procedures and find a legal entity locally in the near future.

Lam for his part noted that with its potential in technology and content creation, Netflix would help fuel the development of the film industry and creative economy in Vietnam.

He also requested that Netflix urgently set up a group to work closely alongside the Ministry of Information and Communications in order to regularly update the current operation situation and draw up a development plan after establishing a representative legal entity in Vietnam.

The Ministry of Information and Communications will support Netflix as well as other foreign businesses in compliance with Vietnamese law, he said.

Netflix, Inc. is an American media company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley it operates the over-the-top subscription video on-demand service Netflix, which includes original films and television series commissioned or acquired by the company, as well as third-party content licensed from other distributors.

Netflix is one of the world’s leading streaming entertainment services with 214 million paid members across 190 countries and territories. It first established a presence in Vietnam in 2016 before officially launching a Vietnamese version in October 2019.

The post Netflix to establish legal entity in Vietnam appeared first on Vietexplorer.com.

View more from VietExplorer:

Culture week introduces Vietnam’s land and people to Myanmar
Art programme to welcome Lunar New Year’s Eve
Exhibition showcases fine art works by typical Asian artists
Hue exhibition marks Party’s 90th founding anniversary
2020 K-Pop Super Concert to wow Hanoi audiences next January
Vietnam to halt visa exemption policy for citizens from the EU and the UK
Discovering the Chay River and Toi Cave
Vam Sat Eco-Tourist Site
Xiem Can Pagoda – the Khmer’s Splendid Architectural Work
Legendary Lang Biang
The Mystery of Forests in Minh Hoa
Vit Co Xanh Eco-Tourism Area
Touring Saigon on Vespas
A Replica of Hue in South Vietnam
An Ancient Pagoda in the World Heritage Site of Trang An
Thien Hau Thanh Mau Temple, a Site of Cultural and Religious Significance
Cam Mountain
Charming Love Waterfall in Sa Pa
Touring West Lake on a PotoMac Boat
Sam Son – A Land of Charming Natural Scenery

Nhận xét

Đăng nhận xét

Bài đăng phổ biến từ blog này

Weather Update: North Vietnam Braces for High Temperatures

Hình ảnh
The National Center for Hydro-Meteorological Forecasting reports that all three regions will experience sunny weather with temperatures reaching around 32-33 degrees. In the Southern region, some areas may even exceed 34 degrees. Weather forecast for different regions Northwest region: The weather will be a mix of clouds and sun, with occasional rain during the night. The lowest temperature will range from 22-25 degrees, while the highest temperature will reach 29-32 degrees. Northeast region: The weather will be a combination of clouds and sun, with light rain at night. The lowest temperature ranges from 23-26 degrees, and in some mountainous areas, it may drop below 23 degrees. The highest temperature will vary between 30-33 degrees, with some places exceeding 33 degrees. Thanh Hoa – Thua Thien Hue: Expect a mix of clouds and sun during the day, with showers and thunderstorms possible in some areas during the evening and night. The lowest temperature will range from 23-26 de
Đọc thêm

Vietnam – A prime destination for the Semiconductor Industry

Hình ảnh
New opportunities arise from the visit US Commercial Counselor to Vietnam, Lynne Gadkowski, mentioned that the establishment of the Comprehensive Strategic Partnership has opened up new opportunities for cooperation between Vietnam and the US in education, clean energy, science, and technology, aiming to build an innovative economy and elevate Vietnam’s position in the global supply chain. The US is currently a comprehensive strategic partner, supporting Vietnam in achieving these goals. Vietnam is undergoing significant changes and the US is ready to accompany them in this process. “I want to emphasize the importance of the investment environment in Vietnam. In addition to attractive factors such as land, incentives, and skilled labor, access to green technology and clean, green energy is also crucial”, said US Commercial Counselor Lynne Gadkowski. Recalling her visit to a medical and aviation equipment manufacturing company in Ho Chi Minh City last October, Lynne shared her im
Đọc thêm

Promoting Collaboration between Vietnamese and Egyptian Education Trade Unions

Hình ảnh
Delegates take a group photo. On November 6, at the Vietnamese Embassy in Egypt, Ambassador Nguyen Huy Dung received a delegation of the Vietnam Education Trade Union led by its President Nguyen Ngoc An to visit and work in Egypt. Ambassador Nguyen Huy Dung informed about the situation in Egypt and countries with concurrent embassies, he also expressed his desire to coordinate with the Vietnam Education Trade Union to continue promoting bilateral relations with the Egyptian Trade Union of Education and Scientific Research in the coming time. President of the Vietnam Education Trade Union Nguyen Ngoc An appreciated the Embassy for enthusiastically supporting the delegation and agreed to accompany the Embassy to strengthen relations between the two countries. This business trip aims to exchange information about the educational situation, and experiences in organizing trade unions of the two countries and visiting several educational institutions in Egypt. Hai Dang
Đọc thêm