National Instruments Strengthens Presence in Southeast Asia

NI announced plans to open the company’s first Vietnam office in Ho Chi Minh City to support the country’s research centers and technology sector.

National Instruments Strengthens Presence in Southeast Asia

New Office in Ho Chi Minh City to Provide Increased Support for Vietnamese Research Centers

NEWS RELEASE May 5, 2011 National Instruments today reinforced its commitment as a partner of Southeast Asias emerging economies in world-class research and innovation with the decision to open the companys first Vietnam office in Ho Chi Minh City. Based at the CENTEC Tower in District 3, National Instruments Vietnam will support the countrys research centers and technology sector.

National Instruments has been involved with universities and research institutes in Vietnam for more than a decade, said Chandran Nair, managing director of National Instruments Southeast Asia. Our approach in Vietnam, like in most countries where we begin operations, is to work closely with the academia and R&D organizations to ensure that the latest tools and technologies are made available to our customers and academic partners.

The demand for automated test and advanced control systems in Vietnam has increased tremendously over the past few years because of the rapid expansion of global technology companies setting up manufacturing, assembly and test sites around the country.

Vietnam has shown economic stability and resiliency in the midst of the world financial crisis, said Nair. Vietnams GDP grew 6.7 percent in 2010 and the country also remains a leading manufacturing center. With a dedicated office here and a local team in charge, we are in a position to serve our both our academic partners and customers better

National Instruments forecasts an optimistic outlook for the Vietnam market over the next five years, focusing on sectors such as oil and gas, manufacturing, building and infrastructure and automotive. The company also seeks to boost its collaborations with academic and research organizations.

National Instruments growth strategy across markets has always been focused on helping engineers build user-defined measurement and control systems. This helps them create local intellectual property and increase their contribution to their respective organizations.

Vietnam is home to some of the regions most promising research centers. Renowned universities such as Ho Chi Minh University of Technology, Ho Chi Minh University of Engineering and the Technology and National University of Vietnam have been adding highly-skilled technologists, scientists, inventors, engineers and product developers to the local talent pool.