Over the past few decades, Vietnam has become a prominent player in the software outsourcing industry. With its abundance of skilled professionals, affordable labor costs, and strong English language proficiency, Vietnam has caught the attention of clients globally who are in search of software development services. In this post, we take a look at the top 10 companies for offshore software development in Vietnam.
What is offshore software development?
Offshore software development involves transferring a software development project, either partially or entirely, from the client or original company to a third-party provider. These providers are typically located in distant countries like Central Europe or Asia. Businesses can effectively benefit from these locations by utilizing cost-effective labor and flexible project management.
Offshore software development allows businesses to focus on essential project management tasks. These include team collaboration, progress tracking, budgeting, and handling technical issues. This strategic option also leads to lower infrastructure construction and development costs. Consequently, it simplifies the software development process while providing access to diverse resources and advanced technology.
Benefits of offshore software development in Vietnam
Reduce the cost of software development
Offshore software development in Vietnam often leads to substantial cost savings in operational and labor experiences compared to hiring a local development team. This is primarily because countries specializing in software development typically offer lower programmer salaries than North American or European regions.
Moreover, by employing offshore software development services, organizations can effectively minimize infrastructure costs, streamline human resource management expenses, and eliminate the necessity of establishing an in-house software development environment.
Access a Wider Pool of Talent
Offshore development offers businesses the opportunity to tap into a vast global talent pool, enabling them to select from a diverse range of highly skilled experts in various technology fields. This ensures that their projects are executed by specialized professionals. This also aids in market balance by offering technology experts who may not be locally available or have limited availability. These software engineers possess extensive experience working in an international setting.
Faster time to market
Development teams located in different time zones allow for continuous progress around the clock. This enables faster delivery of products and reduces the time needed to bring them to market. International collaboration in software development offers the advantage of reducing project completion time by leveraging efficient and diverse resources from around the world. This enhances overall productivity and ensures a comprehensive approach to completing projects efficiently.
Why is Vietnam the best offshore software development destination?
The IT labor market experiences constant growth and prosperity. Countries like India, Vietnam, Ukraine, Poland, Singapore, and China hold esteemed positions in the technology sector. These nations excel in service quality while offering competitive costs and a motivated young workforce committed to project success. While text-based communication is widely used without major concerns, in-person or virtual meeting may take some time.
Vietnam is emerging as a leading global hub for offshore software development. Its attractive combination of competitive service prices and dedicated offshore development teams has resulted in the successful implementation of numerous high-quality software projects. The commitment and enthusiasm displayed by young workers have played a vital role in the companies’ achievements. With a mere two-hour time difference from Singapore, Vietnam provides businesses with an excellent option for offshore software development models.
Forbes recognizes Vietnam as a “small but formidable nation,” and it is no coincidence that this country is renowned for its excellence in software development offshoring services. The Vietnamese government acknowledges its potential and is strategically laying the groundwork to drive the country’s progress and prosperity through technology.
Vietnam’s relationship with the United States has reached unprecedented heights, contributing to its growth as a prominent player in the field of information technology. This significant development positions Vietnam to enhance its global presence and influence.
Vietnam is one of the top 5 nations for offshore software development
When you use offshore software development services in Vietnam, you will receive the following benefits:
Software development costs are very reasonable
Vietnam is well-known for its highly competitive software development costs. This is mainly due to the significantly lower living and labor expenses than in Western countries. In Vietnam, skilled software developers are paid notably lower hourly wages, making it an attractive option for businesses aiming to maximize their development budget. The cost efficiency of Vietnamese services allows companies to achieve high-quality development without financial concerns.
Fluent English
Many professionals in Vietnam possess advanced English skills, both in speaking and writing. This proficiency is a significant advantage for offshore software development projects. Effective communication plays a vital role in ensuring accurate understanding and implementation of project requirements. With a substantial number of individuals fluent in English, language barriers are minimal, leading to efficient and effective collaboration with Vietnamese teams.
Young and dynamic workforce
Vietnam boasts a young and vibrant workforce of proficient software developers and IT experts. The educational system in the country prioritizes technical and engineering fields, consistently supplying the IT industry with talented individuals. This demographic advantage ensures a continual influx of fresh talent equipped with cutting-edge skills and an eagerness to embrace emerging technologies.
Government Support
The Vietnamese government actively supports the IT and software development sector. It has implemented policies to promote the industry, invested in IT infrastructure, and created a favorable business environment for technology companies. These initiatives have successfully attracted foreign investment and fostered the growth of the IT sector, making Vietnam an increasingly attractive destination for software development.
The 10 best companies for offshore software development in Vietnam
1. Nexle Corporation
Nexle Corporation, an esteemed offshore software development company in Vietnam, has built a strong reputation for delivering top-tier software solutions to clients globally. We serve businesses of all sizes – from startups to multinational corporations. Our expertise extends to projects that demand uncompromising security measures, ensuring utmost client satisfaction.
Our track record consists of successful collaborations with clients from Singapore, Australia, Japan, the United States, and several other countries. This extensive international experience has provided valuable insights into the distinctive requirements of diverse markets and clients.
Nexle Corporation has a strong track record of successfully executing diverse projects in various domains. Our expertise includes developing mobile and web applications, artificial intelligence, DevOps, Internet of Things, embedded software, ensuring robust software testing, and more. We specialize in tailoring solutions to meet your unique requirements, driving excellence in your digital transformation efforts.
KMS Technology
Founded in 2009, KMS Technology has quickly established itself as a leading figure in Vietnam’s information technology sector. The company is headquartered in Ho Chi Minh City and offers a comprehensive range of services encompassing DevOps, AI & Machine Learning, software testing, Salesforce development, data analytics, and more. With a primary objective of enabling businesses to achieve success, KMS Technology prides itself on delivering top-notch solutions and implementing proven best practices.
FPT Software
FPT Software, headquartered in Vietnam, is among the largest software development partnerships in the country and one of the fastest-growing companies in this sector. Their experience lies in offering digital transformation support to global enterprises across various industries such as health, banking and finance, manufacturing and automotive, telecommunications and media, aerospace and aviation, logistics and transportation, utilities and energy, consumer goods, and packaging. They have also successfully worked with clients from the public sector. FPT Software’s impressive track record includes executing projects in 28 countries worldwide.
Orient Software
Established in 2005, Orient Software is a professional company for offshore software development in Vietnam. They are known for delivering efficient and fast software solutions to their clients. With over 350 experts in Information Technology, Orient Software is committed to completing projects on time with top-notch quality. Their services include software product development, database development, web, mobile application development, and cloud and DevOps solutions.
Beetsoft Co LTD
BEETSOFT, an information technology solution provider, has garnered recognition in just 6 years. Catering to small and medium-sized enterprises and multinational corporations worldwide, they have built a team comprising more than 500 meticulously trained IT experts. These professionals possess profound expertise in diverse IT domains such as IoT, AI, BPO services, data labeling, AR, VR, and MR.
BEETSOFT has recently expanded its range of IT solutions, reaching clients across various countries, including Japan, the United Kingdom, Australia, Denmark, Germany, the United States, Canada, and many others worldwide.
TP&P Technology
TP&P Technology is a leading company for offshore software development in Vietnam, providing diverse services. These include custom software development, BPO, IT infrastructure management, and business solutions consulting. With its experienced management team and global approach, TP&P Technology delivers end-to-end solutions and tailored consulting services to meet the unique business needs of its clients.
Saigon Technology
Saigon Technology is a widely recognized name in the realm of offshore software development in Vietnam. With over 10 years of experience in the field of information technology, they have built a solid reputation as an Agile software outsourcing company. Operating globally, Saigon Technology has catered to clients from Europe, Singapore, the United States, Australia, and North America. Their developers possess experience in various technologies and programming languages like PHP, microservices, Java, ReactJS, .NET Core, AWS, and machine learning.
Savvycom Software
Savvycom is a leading software outsourcing company based in Vietnam. They specialize in providing solutions for the finance, retail, and healthcare sectors, catering to local and global clients. With their extensive experience spanning over a decade, they have established themselves as experts in mobile and web app development, as well as offering cloud and DevOps solutions.
Co-Well Asia
Co-Well, a prominent company for offshore software development in Vietnam, stands out with a staff of 400 devoted employees based in Hanoi and Da Nang. Their expertise encompasses a wide range of services, including e-commerce projects, website and application development, as well as software testing. Notably, Co-Well excels in Augmented Reality and Virtual Reality technologies.
NashTech
NashTech, a division of Nash Squared, operates in several locations across Vietnam, the UK, and the United States. This IT outsourcing company specializes in delivering robust and innovative software solutions tailored to various industries, including education, finance, media & entertainment, real estate, healthcare, among others.
Read more: In-house vs. Outsourcing Software Development: Which is the Best Choice?
Vietnam has emerged as a top-notch offshore destination for software development. This article showcases the country’s prowess through the top ten companies for offshore software development in Vietnam, proving their diverse and high-quality technology services. With its potential to fulfill all your requirements, whether custom software development, artificial intelligence solutions, or other services, Vietnam is worth considering.
Nexle Corporation boasts a decade-long experience in software outsourcing, showcasing unwavering dependability and unparalleled quality. With our proficient and seasoned team base in Da Nang and Ho Chi Minh City, we ensure meticulous execution and deliver nothing short of the utmost excellence. Interested to learn more about the cutting-edge technology solutions we offer? Visit our website today for a deeper understanding of how we can facilitate your journey toward digital development.
