Vietnam’s government says there’s no reason for companies like Facebook Inc. and Alphabet Inc.’s Google to leave Vietnam when a new cybersecurity law comes into effect next year.

Such companies earn hundreds of million dollars from local users, according to the NDH news website, citing a statement from the Ministry of Public Security.

The number of Vietnamese using Facebook stands at 50 million, while Google has 60 million local users, the ministry said.

Google and Facebook are hiring 1,781 servers…



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