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Is Vietnam the Next Silicon Valley?
Some migrating Bay Area residents seem to think so
People eyeing Internet trends in Asia always talk about what’s going on in China but China’s next door neighbor has the potential to steal some of the spotlight. Vietnam is a country where the median age is 24; with so many young people, it’s of little surprise that this is a place that wants to be connected. It has one of the highest Internet penetration rates in the world and some are saying it’s the leading area of interest for those folks who want to head to what could be the next Silicon Valley. For now the country remains a bit behind the times; however next year’s WiMax rollout and the development of Vietnamese versions of major sites like PayPal and Yahoo make Vietnam a place that is on the radar for high speed changes.