After a trade embargo was lifted in the mid-1990s, Vietnam, along with China, became a new destination for industrial production and services. This is perhaps most apparent in the field of IT. Within IT, Vietnam is a popular outsourcing location among other industry giants such as China, India, and the Philippines. This is due to a large, young and dedicated IT labor force. Given this economic history, how did Vietnam create this talented workforce creating amazing software and applications?
Outsourcing Opportunities for Information Technology in Vietnam
The Price is Right In Vietnam
Why do we outsource? It’s not because we love transcontinental airline flights, or listening to foreign accents, or because we get to make yearly “fact-finding” trips that double as golf junkets (OK, that part isn’t bad).
Vietnam's Favorable Conditions for Business
Let’s take a closer look at the reasons Vietnam has been popping up on “Best Of” lists from everybody from Tholons to Gartner.
Vietnam 12th in OECD Ranking
Here’s some good news for the software development industry: according to a new study, Vietnam may be the world’s next hotbed for IT professionals. Maths and science education in the Southeast Asian country is now meeting (and surpassing) international standards, a promising development for Vietnam’s young and ambitious workforce.
Vietnam Ranked #1 Global Outsourcing Destination by C&W
Cushman & Wakefield (C&W), a New York-based commercial real estate giant, says in the report that, “the changing global landscape has created new trade winds in the BPO and Shared Service Centre world.” Such changes are evident to anyone with a finger on the pulse of the outsourcing industry in Asia, especially Vietnam. C&W’s 2015 report, titled Where in the World? Business Process Outsourcing and Shared Service Location Index, simply provides a data-driven confirmation of the anecdotal evidence.
Vietnam and the Software Outsourcing Industry in 2015
In the late 1990s, the software industry began to undergo a radical change. Thanks to rapidly improving telecommunications technology, it finally became possible to shift large-scale IT operations to low-cost countries, primarily in Asia. Within a few years it no longer seemed unusual for a client in London to speak with a customer service representative in Bangalore, at any hour of the day.
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Our blog posts will feature a team of committed and intelligent professionals with in-depth knowledge of the software development industry. Our contributors have a diverse array of backgrounds, skill sets, and interests – one day you might read an article penned by a 28-year-old Vietnamese software developer, the next an article from a Norwegian executive (who may be a bit older than 28).