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Vietnam’s software development industry has been growing at a rapid pace with the Vietnamese government’s push for modernization and globalization. The Vietnamese economy is predicted to grow by 6% in 2018, so software outsourcing companies in Vietnam will have more opportunities to outsource their development projects. There are many benefits of outsourcing your software projects in Vietnam, such as lower costs, increased productivity, and better quality products.
Vietnam is one of the most talented and well-educated countries in Southeast Asia, with a strong background in technology. Vietnamese developers are experts at building mobile apps, web apps, or games that can be used on any device, including Android, iOS, or Windows. The Vietnamese market offers many opportunities to develop high-quality applications at competitive prices due to their lack of experience with large-scale projects – this means you get more bang for your buck! Vietnam software development is booming and has a lot of potential for the future.
Vietnam’s IT software outsourcing history
The history of the IT outsourcing industry in Vietnam is very short compared to more developed countries such as India or China. However, Vietnam software development has great potential for the future. Vietnam is a rising star in the software outsourcing industry, and it has been achieving great success. More than just developing new policies that attract high-tech businesses, the Vietnamese government invests heavily into STEM education, creating an abundance of skilled workers with excellent technological skills.
Besides, the Vietnamese government is investing in education programs that teach students coding languages such as C++ or .NET – this means local talent will be plentiful. Software outsourcing companies in Vietnam can offer their services at much lower rates than other countries, so businesses choose this option due to its affordability. Vietnamese graduates are highly skilled and used to working under pressure – they’re able to meet any deadlines with ease.
Software outsourcing companies in Vietnam can offer their services at much lower rates than other countries. Vietnam software development has a lot of room for growth in terms of local talent and resources.
The Vietnamese outsourcing industry started in 2000 when the government passed “Decree 39” – this gave Vietnamese companies tax incentives for hiring IT consultants from abroad. Vietnam has long been known as an agricultural country that produces rice and coffee, but now they are an emerging outsourcing hub. Software outsourcing companies in Vietnam can offer their services with a better price in comparison with other countries, so enterprises choose this option for software development due to its affordability.
The success of Vietnam’s IT industry worries Indian partners as companies such as Intel, IBM and Microsoft continue to invest in the country. As a result, Vietnam rose five places on A.T Kearney’s Global Services Location Index (GSLI) ranking, which lists top outsourcing destinations worldwide based on their growth potential for 2015/2016 fiscal years. The increasing demand from global corporations could bring further technological advancements to offset any negative effects caused by increased competition due to outbound rising labor costs.
The potential in the eyes of foreign investors
In today’s highly competitive world, many companies are seeking out foreign outsourcing for services such as technology development. The difference in institutions and culture can make it a challenge to work with these organizations. However, Vietnam is still considered by many experts as being very suitable because of its strong economy, which has transformed itself from an agriculture-based society into one that relies heavily on business markets – especially those geared towards information technology-related industries.
Vietnam has been a great place for technology and business development. The country is changing rapidly, but it still remains appropriate in many aspects such as institutions or culture to work with software outsourcing companies in Vietnam from this area of the world.
Vietnam has made significant efforts to open the door for foreign business, helping economic growth in recent years. But not all doors are created equally; while some countries might be easier than others depending on what industry you’re looking at – like software or electronics engineering- Vietnam specializes more heavily these days with IT services rather than heavy manufacturing due partly because of their proximity but also just sheer manpower costs over there vs. outsourcing back home where labor is cheaper (and they have plenty).
Technology experts in Vietnam are able to quickly become part of the global customer network, ready and willing to challenge all standards. They continuously innovate as well for those who want it that way.
The education system there is doing just as much with its students by teaching them English so they may be fluent speakers rather than simply learning some foreign language, which could make their lives difficult down the road when working internationally or elsewhere. This shows how important quality speech recognition software development can truly matter and speaks volumes about what type of country we live in.
Loyalty is prized in Vietnam, and it can be attributed to the fact that many Vietnamese people live out their lives doing one job. They also have a strong sense of family, so when an engineer gets their promotion at work, they know this person will not move away from them easily- only if there was no other choice would he take up another position elsewhere.
This statement about how prideful and loyal these individuals are towards companies could apply anywhere throughout Asia. However, typically more prominent among those working on engineering projects abroad rather than home country populations.
The Challenge and Opportunity
In Viet Nam, there is a bustling tech industry that offers many opportunities for enterprises. With strong technical skills and financial services in its favor, this country also has media content creation capabilities thanks to the abundance of artists who live here or work at home offices constantly connected through Skype instead of commuting each day like most Americans do when they have jobs outside their homes. A trend which prevails throughout all levels from top executives down into production line workers.
All these factors combined mean you can find talent just about anywhere. However, if your company needs emerging trends such as Artificial Intelligence (AI) machine learning on blockchain, then look no further than Vietnam, where costs will be reasonable, especially since more people are willing nowadays to spend money improving themselves rather than buying consumer goods.
To create a productive work environment, it’s important to take advantage of time zone differences. For example, if one team in the US is deskside while the other sits on the opposite side of the world – there can be productivity setbacks because both parties don’t see what each other sees and miss out on crucial points or information due simply down geographic isolation (or cultural). However, with outsourcing projects for Western businesses located anywhere from India through Southeast Asia all over Africa, we’ve found an excellent solution: a nearly 24-hour production cycle.
The Vietnamese government is investing heavily in STEM education, and multinational corporations are expanding. This will help boost both their workforce and the size of this market for many years to come.
Vietnam software development is a great option for companies looking to save some money and get top-quality services. Vietnam has massive untapped potential that will only continue to rise as the industry grows. Vietnamese developers can offer everything from simple website design, apps, or games at very affordable prices. Vietnamese software outsourcing companies are even more experienced and skilled than their Indian counterparts and offer better quality services at a lower price. Vietnamese software outsourcing companies often speak English, making communication easier for foreign companies looking to outsource work to the Vietnamese market.
Thanks & Kind Regards,
Thanh (Bruce) Pham
Saigon Technology Solutions
Email: [email protected]
A Member of Forbes Technology Council
Skype: tienthanh.pham (Thanh Bruce Pham).