When people think of Vietnam, they’re often met with the visual of bustling cities, idyllic mountain landscapes and sun drenched beaches. Or, perhaps, reminded of the nations war-torn history.
Very rarely do they see the country for what it has become: a thriving technology hub.
VIETNAM AMONG THE MOST RELIABLE DESTINATIONS FOR OFFSHORE SOFTWARE DEVELOPMENT
Vietnam is an incredible choice for intelligent businesses looking for offshore software development, because Vietnamese developers are some of the brightest and most ambitious technologists in the world.
Forbes calls Vietnam a “small but mighty powerhouse” with “a highly adaptive approach to work and tech”, and its firm success as a newly-introduced member of the World Trade Organisation only serves to echo this sentiment.
From education to culture to government, here’s why Vietnam should always be the first choice for your offshore software development.
Vietnam outperforms the eastern and western worlds
The Vietnamese are intelligent and highly learned, with a 96.8% literacy rate among working-aged adults.
In the 2015 OECD Program for International Student Assessment, which measures performance in maths, science and reading among 15-year-old students, Vietnam ranked 8th.
To put this into a global context (72 world economies, in fact), that placed Vietnamese schoolkids higher than not only their counterparts in Hong Kong, China and South Korea – but also Australia (14th), the UK (15th) and the USA (25th).
With 65% of the 97 million strong population under 35 years of age, it’s no surprise that the Vietnamese are switched on and ambitious, particularly when it comes to technology.
When Google engineer Neil Fraser visited on a fact-finding trip to review Vietnam’s high-school computer science education methods, he found that half of Vietnam’s 16-year-olds would pass Google’s interview process, and kids as young as 10 were as technologically capable as those in the 11th grade back in his homeland.
NOT ONLY DOES VIETNAM CHAMPION TECHNOLOGY EDUCATION, THEY ALSO EMPHASISE GENDER DIVERSITY IN STEM
A government that champions technology readiness
The Vietnamese government has recognised the potential to be seen as a global software development leader – looking well beyond the “workshop of the world” capability and instead, building strong foundations for technology success.
As a stable, one-party dominion, they are committed to providing high-quality STEM education to their population, encouraging English as a mandated second language, opening “technoparks” across the country and building world-class university infrastructure that focus on the sciences in all major cities.
With a pronounced skills shortage plaguing businesses all over the developed world, the Vietnamese government’s focus on ensuring all students start learning coding and logic from the age of 10 is a strategy that is beginning to pay serious dividends for both the countries population and the businesses who have identified the opportunities they represent.
Vietnam’s laser-focus on technology
With technology mandated to be a primary pillar of Vietnam’s economy (seeing as over 250 higher learning institutions teach I.T.), it’s no surprise that over 40,000 Vietnamese software professionals are graduating and entering the workforce each year.
This represents an annual ~20% increase on an already established software industry that exported $3.5B USD worth of software in 2018, and 7.1% overall GDP growth in the same timeframe. In short, Vietnam isn’t just a tech country, but a tech epicentre.
By 2050, it’s projected that Vietnam will be among the top 20 economies in the world.
It makes sense to get on board with their progress at a time where the rewards are abundant and highly cost-effective.
By partnering with a high-quality offshoring operator leveraging Vietnam’s tech excellence, there aren’t just opportunities for direct access to “a growing population of entrepreneurs, engineers and technology experts” but also everything that comes with improved productivity and scalable skill implementation – happier teams, happier customers, better products and better companies.
Saigon Technology has been offering reliable and affordable offshore software development services to customers worldwide such as USA, Canada, Europe, Australia, Singapore and other countries since 2010; with power of the top Vietnam senior software developers in the heart of Ho Chi Minh City, Vietnam.
Cost savingsA considerable benefit of outsourcing software development is the potential for cost savings.
Reduced labour cost and timeHiring developers with special skills can be done using other companies with access to a large pool of IT professionals.
Instead of paying for the processes of recruitment, selection, training and development of employees, you can directly hire a temporary employee who has already completed these prerequisites.3.
Faster speed to marketIn today’s competitive environment, companies are required to adjust tactics quickly to meet consumer demands.
Hiring an offshore software company allows businesses to be more agile and bring projects faster to their customers.4.
Stay focused on your core activitiesManaging a full in-house development team requires a considerable amount of time and effort.
Regardless of the general opinion about offshore software development as a less expensive yet ROI-risky option, it actually can help you a lot if you approach it diligently.To navigate in the offshore software development market more confidently and make a well-informed decision, you should be aware of a few essentials that will help you shed light on the process of hiring the right service provider.
Most of the countries famous for outsourcing software development have lower living costs, that’s why local software companies charge less for their services.There are many obsolete precautions related to the price-quality ratio of offshore software development services.
It will allow you to get a higher quality of work and make the development process run faster.No need to administer everythingWhen dealing with offshore software development companies, you needn’t care about many administrative and operational issues, like recruitment, office space, training employees, equipment, etc.
Your mind is free from these questions since outsourcing companies manage everything on their own to stay competitive.Shared responsibilityOffshore software companies are highly interested in great end-results and share the responsibility for them.
They might be related to gender issues, religion, traditions, work ethics, and even understanding the phrase “to work hard.” It can cause some unpleasant situations and additional difficulties in communication.Less guarantee of qualityAll the companies are different.
If your partner’s code isn’t visible or exposed to your review at the early stages of the project, then small mistakes may be missed and grow into bigger ones at later phases of the development process.
