Best Questions to Ask to Get to Know: Why companies choose Vietnam for sofftware outsourcing destination
Last updated: October 17, 2023 Read in fullscreen view
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Why choose Vietnam for IT outsourcing?
With a favorable business environment, competitive labor costs, and a supportive government, Vietnam is rapidly becoming a preferred destination for IT outsourcing.
Vietnam is emerging as a destination for software outsourcing thanks to its mega talent pool, low labor cost, and a stable environment.
Why Vietnam is the first destination for offshore software development?
When people think of Vietnam, they’re often met with the visual of bustling cities, idyllic mountain landscapes and sun drenched beaches. Or, perhaps, reminded of the nations war-torn history.
Very rarely do they see the country for what it has become: a thriving technology hub and Vietnam Is The #1 Destination For Offshore Software Development.
Vietnam is an incredible choice for intelligent businesses looking for offshore software development, because Vietnamese developers are some of the brightest and most ambitious technologists in the world.
Forbes calls Vietnam a “small but mighty powerhouse” with “a highly adaptive approach to work and tech”.
Is Vietnam the world's 8th largest IT service provider?
Vietnam's information technology sector is experiencing high growth, driven by low costs and high-quality labor. Vietnam has now become the eighth largest provider of IT services globally. The IT industry is supported by the government with tax and labor incentives, further propelling its growth.
What is the demand for IT in Vietnam?
As of 2022, the number of IT personnel needed to meet the market demand is about 550,000 people. Each year, there are about 55,000 IT graduates.
What is Vietnam's competitive advantage?
Vietnam possesses unique advantages, including its strategic location in Southeast Asia, a young and adaptable population, a politically stable environment, impressive innovation performance, a thriving digital economy and an open economy with multiple free trade agreements.
Is English a barrier for Vietnamese people?
More and more foreign companies are setting up headquarters and recruiting Vietnamese employees. This leads to increasing demand for English communication among Vietnamese employees. They have constantly improved their communication skills so that English is not a barrier in the working process. In Vietnam, English is taught from grade 3. To graduate from university, almost all schools in Vietnam require an international English certificate to ensure students’ ability to work in English. Therefore, you do not need to worry about communication problems with IT engineers in Vietnam. This should be mentioned with another advantage, which is Vietnam’s favorable position in the trade. It only takes you a few hours to get from Ho Chi Minh City to the tech hubs of Asia. Currently, direct flights are established between Vietnam and the US, Vietnam, and Europe, allowing you to travel directly to these places in less than a day.
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