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April 15, 1994

IBM TO INVEST IN COMPUTER SCIENCE ISTITUTES IN HANOI

By CBR Staff Writer

IBM Corp will spend $2m to help develop computer science institutes for Vietnamese executives and managers in Hanoi and Saigon, unpopularly known to the locals as Ho Chi Minh City: IBM will also help with programmes to teach English in schools and signed agreements for both pilot projects with the Ministry of Science, Technology and Environment; the Ministry of Education joined in signing the agreement for English instruction, which will involve use of IBM’s Write-To-Read; the company also expanded its computer sales and servicing network in Vietnam to five local firms from three; the company is also advising the Ministry on its plan to spend some $500m by 2000 to develop information technology in Vietnam.

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