Koei 'nams new studio location

Koei Tecmo has discovered a clever way to combat rising game development costs -- Japanese gaming blog AndriaSang recently turned our attention to a Japanese newspaper article that explained the company will be opening a studio in Hanoi, Vietnam in mid-September. The lower labor costs in that area should reduce the overall price of game development for the company. As ninjas are extremely expensive to render accurately, we're sure it's a much appreciated discount.

Though the new studio (which will initially be staffed by 20 to 30 locals) will be named "Koei Tecmo Vietnam," the original newspaper report states it will be a subsidiary of Koei rather than the recently merged Koei Tecmo Holdings. In other words -- Koei's gettin' some action on the side. Scan-duh-lous!