IT Outsourcing Destinations: Vietnam

We have introduced five extraordinary IT outsourcing destinations that can offer customers quality software development & IT services, collaboration with talented IT experts, a good business environment, and sensible costs. We trust that this shortlist will be restricted to searching the best nations for outsourcing software development and assisting you with finding the most suitable one among them.

IT & Software development Outsourcing Services

Outsourcing IT & software development projects are turning out to be increasingly more famous every year. As indicated by metrics from MRC, the worldwide IT outsourcing business sector will grow to $ 481 billion by 2022. As per the same source, the biggest portion of pay goes to Eastern Europe, the Middle East.

As indicated by a Statistics Brain study led by CTOs & CEOs in the United States, 43% of US organizations use outsourcing IT & software development services.

There are a few potential reasons why many organizations throughout the planet find offshore outsourcing services for their potential benefit. Above all else, IT outsourcing provides the organization access to highly talented global skills. The second most significant reason is the minimal expense of development. By and large, software outsourcing assists organizations with saving up to 30% in costs. Moreover, it allows you to better manage risk by sharing software development  & IT operations.

Many promising organizations today are developing projects in Vietnam, India, China, the Philippines, Ukraine, and other waterfront regions.

This step brings up the following issue: What is the best nation to outsource IT & software development? Below, you can see the top nations of software as far as their payment costs, market size, and other elements.

Vietnam

Did you know that technology giants like IBM, Microsoft, and Intel all outsource IT and software development in Vietnam to foreign organizations? You may ask why they picked this country for this. The expense of services is likely perhaps the main factor. The expense of software development in Vietnam is 90%,  not exactly in the United States. Compared to other nations that are developing foreign financing programs, Vietnam is still an interesting option as costs decrease.

We often partner low costs with low-quality services. While this is an entirely sensible option, the case is different when talking about Vietnam. Many highly qualified and experienced computer programmers offer their services at reasonable costs.

Ho Chi Minh has been chosen as a new technology advancement center and outsourcing software development center, due to the costs, yet in addition due to the top-notch of the software provided by local organizations.

The development of the offshore outsourcing program has become a new thrust for the Vietnamese economy. Maybe this is the reason the Vietnamese government is effectively supporting technological growth and promoting its economy for foreign investment. For as far back as a decade, Vietnam has been continually investing in education. Every year, around 25,000 qualified designers move on from college.

Local laws and the public establish a positive environment for business and foreign investments. Furthermore, organizations in Vietnam provide special consideration to the security of licensed property, so you can be sure that your software product isn't exposed to the risk related to the infringement of licensed property rights.

Final Words

There are many worries about IT outsourcing, yet truly many worldwide brands and companies outsourcing software development since it's anything but a lot of sense to them. Software outsourcing assists organizations with saving roughly 30% of development costs and acquire top-notch services. It also allows you to discover skilled individuals who can assist you with introducing a new project in a short time frame and focus more on your work.