As the world becomes more interconnected, software development outsourcing has become a common practice for businesses that want to save costs and focus on their core competencies. Vietnam has emerged as a encouraging option for businesses in outsourcing software development, thanks to its talented pool of developers, favorable business environment, and competitive pricing.
1. Why Vietnam is a promising destination for software development outsourcing?
Talent pool
Vietnam has a young and dynamic workforce with a strong background in science, technology, engineering, and mathematics (STEM). According to the Ministry of Education and Training, around 200,000 students graduate from Vietnamese universities each year, with more than 50,000 graduates in IT-related fields. A large number of experienced software developers who have worked for multinational corporations in Vietnam has bolstered this talent pool.
Language proficiency
Another advantage of outsourcing software development to Vietnam is the high level of language proficiency, especially English and Japanese among the workforce. The demand for both English and Japanese language skills in Vietnam has increased in recent years. Therefore, many foreign companies have established a presence in Vietnam, and then, there is a growing need for Vietnamese employees who can speak and understand English and Japanese to facilitate business interactions.
Favorable business environment
Vietnam has taken significant steps to improve its business environment in recent years, making it more attractive for foreign investors. The Vietnamese government has implemented various policies and initiatives to support the growth of the IT industry, including tax incentives, streamlined visa procedures, and legal reforms to simplify company registration and licensing.
Cost-effectiveness
One of the most significant advantages of outsourcing software development to Vietnam is the cost-effectiveness of its services. Vietnam has a lower cost of living compared to other countries in the region, which translates to lower salaries for software developers. As a result, outsourcing software development to Vietnam can help businesses save a significant amount of money on their operational costs.
Quality of work
Despite the lower cost of services, the quality of work provided by software development companies in Vietnam is of a high standard. Many companies have implemented quality control measures and standards to ensure that their products and services meet international standard work.
2. Empower your business with Techbank Software’s outsourcing solutions
Founded in 2019, Techbank Software has quickly become a reputable provider of IT solutions in Vietnam. With a team of over 150 experts who specialize in various technologies such as Angular, React, Vue.js, iOS, Android, React Native, Flutter, Ruby on Rails, Node.js,.NET, C++, Java, PHP, and other rare technologies such as Salesforce, Outsystem, Sitecore, and Adobe AEM, Techbank Software can develop custom software solutions tailored to meet the specific needs of each client.
Therefore, we take pride in its ability to provide customized solutions that are tailored to each client’s specific requirements. With a track record of success and a team of highly skilled experts, Techbank is a reliable partner for businesses that are looking to leverage technology to drive growth and success.
Talk to us about your project now, and receive it within the most efficient time frame, utilizing the optimal resources and at a reasonable cost!
