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VIETNAM: Potential and Attractive IT Outsourcing Market

Today, the form of IT Outsourcing has been booming with the expectation that the global IT Outsourcing market will reach 410.2 billion USD by 2027. This form began to grow strongly when the trend of digital transformation accelerated due to the impact of the Covid-19 pandemic.

And Vietnam is proud to be a “lucrative” IT Outsourcing market, providing an attractive choice in Asia for many businesses.

What attractive factors does IT Outsourcing in Vietnam possess?

Cost savings

One of the most attractive factors in Vietnam’s IT Outsourcing market is low costs but highly skilled technology human resources, ensuring output quality. It can be said that this cost is significantly lower than hiring workers in the United States or other popular outsourcing destinations such as China and the Philippines.

According to CIO Magazine, foreign companies can save nearly 90% of costs by using software outsourcing services in Vietnam. Specifically, the cost of hiring a professional developer in the United States is up to 65-130 USD/hour, while the cost of hiring a professional developer in Vietnam is only 20-45 USD/hour. In addition, IT Outsourcing costs in Vietnam are nearly ⅓ cheaper than in India.

Reaching a young, IT-educated population

Quality is a prerequisite in the IT sector, which means the workforce in this field needs to be highly skilled to ensure product quality and security.

Up to now, the proportion of human resources in Vietnam’s IT industry is estimated to reach 1.1% of the total 51 million workers. Along with that, there are hundreds of universities and colleges providing IT training to meet human resources every year. Not stopping there, Vietnamese IT resources are considered highly skilled, hardworking and reliable.

Here are some outstanding achievements:

– 2018: Vietnam ranked 29th in Skill Value Worldwide in the Skills Value Report’s developer skills rankings

– 2022: Top 10 countries with the highest number of engineering graduates

– 2022: Top 6 globally in Topcoder’s Programmer Skills Ranking

Ability to keep up with new technology trends

Human resources in Vietnam are thoroughly trained, practicing skills to build quality, secure software applications and improve user experience, while updating trends to bring product quality. appropriate to the market from time to time.

Every year, Vietnam always adjusts and improves training programs on Data Science, cloud computing, AI, AR/VR, etc. In addition, schools and organizations are encouraged to organize seminars. The competition aims to promote the spirit and intelligence of the workforce. That’s why our qualifications and ability to update Vietnamese trends do not lag behind, we are ready to fully meet the skills and experience to provide the best service.

IT Outsourcing in Vietnam – Favorable and stable investment environment

Thanks to the stable social situation and supportive government policies, Vietnam possesses a stable culture, is a unified country, and a Party and religions have close and good relationships. Furthermore, Vietnam has almost no religious conflicts.

Furthermore, the IT industry in Vietnam has been given many tax exemption and reduction policies by the government, etc. Therefore, outsourcing in Vietnam will help business owners reduce risks caused by adverse social situations or other factors. Difficulties related to complex import and export procedures when working with foreign partners.

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gumi Solutions – A company providing quality Japanese Website Outsourcing services

gumi Solutions is a software development company with more than 10 years of experience working with Japanese, American, Australian, Vietnamese businesses, etc. With constant development in many fields in general and IT in particular In Vietnam, gumi Solutions follows strict processes and ISO quality standards, committing to providing professional, quality services served by a team of experienced and enthusiastic staff.

Please contact gumi immediately to share more ideas for your project.

Contact Info:

Fanpage : https://www.facebook.com/gumisolutions

Email: contact@gumiviet.com

Hotline: 028 3620 6782

Address: 290/26 Nam Ky Khoi Nghia, Vo Thi Sau Ward, District 3, Ho Chi Minh City

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