1. Cost Efficiency: Vietnam boasts a cost advantage without compromising on quality. The cost of information technology services in Vietnam is only 1/3-1/4 of the cost in many developed countries. By building your offshore development center here, you can access top-notch talent, optimise your budget and achieve cost efficiencies.
2. Abundance of Tech Talent: Vietnam is home to the second largest IT human resource in Asia with about 1 million people in the information technology industry. Furthermore, the Vietnamese tech talent pool is burgeoning fastly in recent years, with a total of 300,000 IT graduates from universities, colleges and institutes participating in the job market every year. With skilled professionals proficient in various programming languages, software development, data science, and more. This pool of expertise enables you to find the right talent for your projects, driving innovation and excellence.
3. Cultural Affinity: Vietnamese people are known for their strong work hard, ethic, commitment, and cultural affinity to Western business practices. This cultural alignment fosters seamless collaboration, making it easier to integrate your offshore team with your company's ethos.
4. English Proficiency: Effective communication is the cornerstone of successful offshore operations. Vietnam's English proficiency ensures that language barriers are minimized, enabling smooth collaboration, understanding, and efficient project management.
5. Time Zone Advantage: Vietnam's time zone is GMT+7 which is really convenient to work with many other countries in the world, especially in the APAC area such as Singapore, Thailand, Taiwan, Hong Kong, Japan, Korea, Australia etc.
This facilitates easy real-time communication, swift issue resolution, and agile project management, enhancing productivity and efficiency.
6. Government Support: The IT sector in Vietnam is supported strongly by the government, offering incentives and a business-friendly environment for foreign investors. This is evident in the low-cost rental of premises, IT infrastructure support, tax incentives, etc. This support translates into a stable and conducive ecosystem for establishing your offshore development center.
7. Scalability and Flexibility: Building your offshore center in Vietnam empowers you with the agility to scale your operations swiftly according to project demands. This adaptability ensures your offshore team aligns with your evolving business needs.
8. Modern Infrastructure: Vietnam's investment in modern IT infrastructure, including technology parks and high-speed internet, ensures seamless connectivity and access to cutting-edge tools for your offshore team.
