At a meeting with the startup ecosystem in Hanoi on Tuesday afternoon, the CEO said that Google was frequently looking to cooperate with local companies.
Vietnam has some 100 million people and developed connectivity. For the Internet, Vietnam is going to be one of the biggest countries. It can easily be in the top ten countries for many companies and people who are building products.
“When I come here [Vietnam], I see the optimism, culture of entrepreneurs and the potential size of the market.
“I think it’s possible for people from Vietnam and the Southeast Asian region trying to build something which works in Vietnam and a few countries. And then you can use that strength to launch something globally,” he said.
When asked about the possibility that Vietnamese startups have to plug in Google to develop better products, Mr. Pichai said Google was looking for more in Vietnam.
“We would love to do more in Vietnam. We begin to engage with Android community. We are creating and training developers. It’s just a start. We want to get to understand the community better,” he said.
“For me, part of coming here and spending time is to learn how we can work together better. I look forward to figuring out how we can work with all of you.
“We’ve been looking to do that [investing]. Last year, Google capitalized investments in three companies in India. As the world becomes more global, Asia is doing very well. We want to follow those markets and opportunities. We want to do more in all these regions, including Vietnam.
When asked about if Vietnamese startups should go global, Mr. Pichai said that every market has its own characteristics and the question is about the scale of the market. In India, with smartphones and connectivity, people can start things that can reach to 200 million-300 million people.
“Today, in Vietnam, you don’t have a 100-million-user market yet. Your [Vietnam’s] population it will be over 100 million soon. The transition is underway.
“This generation of entrepreneurs in a few years will be able to address markets here in Vietnam plus surrounding countries in the region with 200 million to 300 million users. Once you can reach the market of that scale, you can start thinking bigger and tackle problems which feel global.” “Just be patient,” he stressed.
Before the meeting with the startup community, the Google CEO met with Nguyen Ha Dong, the creator of the Flappy Bird online game, which went viral globally in 2014.
Google CEO meets with Nguyen Ha Dong, author of the Flappy Bird game. (Photo: Internet)
At a meeting with Prime Minister Nguyen Tan Dung on the same day, Mr. Pichai said Google saw Vietnam as one of its most important markets as the trade deals Vietnam has signed would open up opportunities for the transnational technology company.