- Monday, 9 November 2009
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Boys don't make passes at female smart-asses - Letty Cottin Pogrebin
IBM to invest in Vietnam
IN WHAT APPEARS to be a bid to cash in on some cheap labour and a still developing market, IBM has announced it will channel investments into Vietnam, with plans to set up an innovation centre and build relationships with Vietnamese universities.
Big Blue is the latest blue-chip multinational corporate behemoth trying to sink its teeth into the formerly war-torn communist country, with Intel having already invested $1 billion for a chip assembly factory there back in 2006, when the US trade embargo against Vietnam was lifted.
Of course the move is all purportedly about helping local businesses and startups grow, develop and churn out new technologies, but it's probably more about scrambling to win a huge chunk of a fast emerging market with plenty of cash to be made and local cheap labour to be exploited.
IBM already counts 300 workers in Vietnam, but says it expects that number to grow exponentially, starting out with 12 employees for the new innovation centre itself.
Vietnam's IT sector is reportedly poised to grow 20 percent per year for the foreseeable future, thanks to a new demand for uncensored Internet and the infrastructure requirements that generally come with any emerging market boom.
And where better than to make your dent in a newly developing economy than in its universities? IBM is doing just that by teaming up with the University of Technology in Ho Chi Minh City and the College of Technology in Hanoi, to tap young minds for free on subjects from cloud computing to service science research. The firm says university students can also help develop a local language version of IBM's Developerworks technical resource site while they're at it.
The strategy of setting up shop in the third world for the purposes of corporate colonialism is hardly new to IBM, which has invested over $600 million in 43 innovation centres worldwide, including in China, Brazil, India, several countries in Africa, and now Vietnam.
The corporate colony strategy has already worked out well for IBM in countries like Brazil, India and China. In Brazil over 50 per cent of the nation's 2,000 software firms have already signed on to an IBM partnership, whilst India boasts 25,000 IBM partners across 200 cities. Even Communist China has given up red for blue by registering 11,000 IBM business partners this year alone. µ
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"IN WHAT APPEARS to be a bid to cash in on some cheap labour and a still developing market"
"but it's probably more about scrambling to win a huge chunk of a fast emerging market with plenty of cash to be made and local cheap labour to be exploited"
etc.
Perhaps you are still figuring out the differences between girls and boys.
Sad stuff.
Don't know if are a new reader to the inq, but if you are, please know that this is the toung-in-cheek reporting they are doing here. So get used to it. Or go to www.ilikemynewssoftandsweetwithsugarontopofit.com for the nice and polite stuff.
If OTOH you have been following this site for awhile...All i can say is apply some shuttiness to your whining mouth area and go already.
Geddit?
Vietnamese are Tough Bunch, impossible for Outsiders to live nor Win Nor even recieve help. Terrible Children who consider themselves French. There are french canadians, look what forgein mental anguish gets them?
POVERTY & Isolation On Farm. Same with theNAMIE. However, thats where Cost Is Lowest, starved For Methodology To Live with. National Price Control Is Heart Of ANY Declared War. U.S. Is In Declared War. Economic Problems Are Due To NO Implementation Of: National Price Control.
Its NOT First time, Yet Large Corporate Giants Are Hard Pressed, Especially On Internal costs. IBM Swells With Internal Cost Potential.
VietNam won't even install vga port on Mains. Outside of Polyester UnderWare, NOT Much of import comes From VietNam. Its their way.
most of namie nam Has Been Isolated for well over Thousand years, each hamlet completely unable to even Move along dirt Path to next ShekShearian Hamlet.
AirConditioners with NO ON/Off Switch, Just non functional & Keep Making Em. BMi, New DogCookie Product? Time will tell.
While I agree this is tongue in cheek news, there is much more here. The INQ readers can be Just as brutal to the Journalists as they are on the tech industry. I will suggest, at the risk of sounding rude, that you also take the comments as tongue in cheek commentary.
Well I clicked-on the heading all intending to post here things like 'so Vietnam must be one of the last remaining non-1st-world countries left to exploit then', but good to see the article itself was already there.
Not sure if someone unleashed a bot?, "most of namie nam Has Been Isolated for well over Thousand years, each hamlet completely unable to even Move along dirt Path to next ShekShearian Hamlet."
- has it really, cause didn't they work together country-wide, with tunneled infrastructures etc, to - well, see the mainpage article blurb under the header.
Let's be proud that in the future, upgrades to now-old OSs can mean more torching of rainforests and chemical spillages over natural land, in the continuing war against birds, frogs, insects, and people what talk different.
So how long do we have to wait for IBM to develop an AI that upon discovering its makers shady Nazi-militaristic-past, retaliates by launching its own far more successful campaign.