Top 8 reasons why you should choose Vietnam software outsourcing7 min read
In recent years, software outsourcing services have recently increased in popularity. Entrepreneurs have used these services to save time and resources, as well as for a range of purposes. A number of new regions in the world, including Vietnam, are taking shape as rising stars in the information technology outsourcing market.
With large investment from major technology firms in the development of a highly skilled workforce, Vietnam is emerging as a promising destination for technology in general and software outsourcing services in particular. Here are some of the main reasons why Vietnam software outsourcing should be at the top of the global software outsourcing market in the not-too-distant future.
Vietnam is definitely a choice
This seems to be the first question raised when considering the need for Vietnam in software outsourcing. Almost all people’s perceptions of Vietnam are that it is a small, poor country. Even if it is, however, Vietnam continues to play a significant role in advanced technologies, particularly in the software outsourcing industry. The following evidence is drawn from the research of reliable institutions and demonstrates to us all that Vietnam’s software outsourcing is a promising face in the global field.
1. Reliable and cost-effective services
Vietnam offshore software development has always been well-known for being a low-cost software outsourcing destination. Hiring leading software outsourcing enterprises in Vietnam can also save up to 90% of operational costs when compared to outsourcing in the United States. Savings would be 50% greater than in China and 30% greater than in India.
Investing in the Vietnam software market is a good financial move. Not only will you save money, but you will also be able to hire high-quality software developers.
2. Fluency in English
Language can be a massive barrier to success in the information technology industry, but not so much in Vietnam software development outsourcing. Due to cultural differences and language barriers, some countries might well be resistant to this concept. Vietnam does not even mind because it is an English-speaking nation that acknowledges global standards.
There are numerous reasons why Vietnam is an excellent destination for offshore software development and tailored application development.
Vietnam is ranked 65th on the EF’s English Proficiency Index and 13th in Asia on the whole. Speaking and writing proficiently will never be a problem again because everyone speaks perfect English once you get there. So don’t be concerned about those frustrating communication concerns any longer. With the growing competitiveness of the information technology industry, Vietnam has positioned itself as one of Asia’s top outsourcing destinations.
3. Focusing on the development of IT education
Vietnam is a good potential place for those looking to advance their technology by employing a Vietnam software outsourcing company. To meet the demand for human resources, particularly software developers, Vietnam education is investing in developing a solid STEM foundation (science, technology, engineering, and math skills). This foundation has brought together teachers, institutions, and Vietnamese software companies to help Vietnam’s tech talent grow.
Academic institutions are making investments in information technology courses and majors. IT-specific learning centers are available to the general public. Many IT firms in Vietnam collaborate with educational organizations to create training facilities to help software developers enhance their technical expertise. Well-known universities also invest in Vietnam, ensuring that the Vietnamese software market, and even the global market, is provided not only with quality but also with quantity.
Companies in Vietnam could recruit a large number of skilled software developers. Vietnam software outsourcing is becoming a profitable industry for the nation’s IT experts, who are regarded as among the best in Asia-Pacific and even the world. Indeed, many talented Vietnamese developers are collaborating on projects throughout Asia.
As a result, you could see their high-quality spark comparisons between these groups time and time again. There will always be positive backstories, no matter where someone goes or what kind of project they do. The majority of clients tell stories about how outstanding Vietnamese talent was at problem-solving rapidly when everyone required outcomes yesterday.
Vietnam’s ambition is to become the next Silicon Valley in Southeast Asia and, sooner or later, Asia.
4. Space Proximity
Once you outsource software, you should keep communication open with the team working on your project. It may be difficult to visit an offshore development and testing infrastructure without reserving costly flights or simply relying on video conferencing services if this requires going overseas. These usually happen on platforms such as Skype, which may not always function properly since there are no guarantees about internet access where they are based.
However, we can now fly straight to Ho Chi Minh City from anywhere. Thanks to modern infrastructure, staying within urban centers has never been more convenient. Airports that allow us to safely pass through security scanners before boarding our flight are examples of this.
With several professionals working at once, it’s critical to know who did what and when. As a result, offshore outsourcing firms are frequently helpful in software development. Its strong points are in corporate strategy, operations, and management, with 24-hour days that cover various time zones around the world.
5. Stability in Socio-Economic Conditions
The Asia-Pacific region is well-known for its numerous conflicts. The most common outsourcing locations in Asia are usually affected by insecurity. This includes India’s Kashmir wars with Pakistan, as well as Thailand’s 2006 coup, which deposed former Prime Minister Thaksin Shinawatra in just over two years after taking office at the age of 36.
In contrast, there have been several regions throughout Vietnam where people identify with more than one ethnic background, such as minority rights for Vietnamese citizens. According to Minority Rights, this constitutes 95 percent of the total population, while the remaining 80 percent do not belong to any religious group at all.
6. Technological Innovations
Vietnam software outsourcing is on the cutting edge of technological advancement. Besides that, Vietnam is attempting to make its mark on the world stage as one of Asia’s fastest-growing economies. The country is at the forefront of cutting-edge technologies like blockchain, which are shaping the world of tomorrow nowadays.
Outsourcing firms in Ho Chi Minh City provide services for technological innovations such as blockchains, in addition to maintaining current technology such as the internet of things or deep learning. This is due to their access to various local developers who can work effectively across multiple platforms.
Because of their high technical expertise, these include native mobile device applications over internet browsers. The majority of Vietnam’s software outsourcing firms have practical professional experience on large-scale projects that are accessed by people all over the world.
7. Fantastic People and a Unique Culture
With its highly skilled developers and cutting-edge technology, Vietnam is an outstanding nation for engineers. They are highly responsible, punctual professionals who consistently use effective communication skills to keep innovating within their professional field. They're also extremely patient when it comes to fulfilling tasks or communicating any problems that may arise throughout these procedures.
8. Rapid Economic Recovery with Outstanding Talents
Vietnam has shown incredible strength of mind in the face of an economic downturn caused by COVID-19. Because of its widespread ties to the world economy, it is also being impacted by this pandemic. However, it keeps trying as before, whereas many developed nations are strictly limited and their labor force needs to work from home for the time being because healthcare expenditure outweighs their salaries.
Vietnam’s growth rate remains high, largely attributable to people’s coming back from disability payments. Although there have always been barriers between the poor and the wealthy, as there are in any developing country, what makes it different in Vietnam, particularly after the 2020s.
Even if every company in the country is forced to cut back on operations, Vietnam seems to have enough capacity to keep the economy running while still satisfying consumer demand.
Despite the fact that there are still many obstacles to overcome, Vietnam is striving to become a leading nation in the technology field, particularly in software outsourcing services. Vietnam is a nation that has made enormous improvements in economic development, and Vietnam software outsourcing has become one of the top attractions worldwide.
Outsourcing IT projects to Vietnam could perhaps help you save money while maintaining high standards of quality. Because of Vietnam’s highly skilled workforce, it is able to find qualified professionals who speak English fluently. This facilitates the flow of information, which would be more challenging if your business partners were placed elsewhere.
If you are planning on building a project and want to explore the top software development outsourcing firms, contact us, Groove Technology, today for further advice from our professional team.