Vietnam
has been seen as a rising star for the high-tech industry with investment from
the top companies in chip and smartphone manufacturing and R&D. More than
four decades after the last US troops left Saigon, the US has now become one of
the largest markets of the Vietnam software outsourcing industry. Vietnam also
has quickly gained second position in Japan's largest IT partner. This article
will give us a clear view of the current landscape of the Vietnam IT industry
and how the country has become an emerging offshore outsourcing destination and
Southeast Asia's Silicon Valley.
More than four decades after choppers lifted the last
U.S. troops back across the world, Vietnam's Da Nang Hi-Tech Park hums with
activity. The park, one of several established as part of Vietnam's 2020
IT Master Plan, houses
offices and factories for a growing number of international IT and software
companies, hardware manufacturers, and infrastructure plants powering the
central Vietnamese city at the heart of a tech boom.
Today's Vietnam—with a population of over 93.5 million and a median age of 30.3
years old—is defined by a growing population of young coders, engineers,
entrepreneurs, and students driving economic growth and technological
innovation.
Vietnam now there are close to 14,000 IT businesses
spanning hardware, software, and digital content. The Vietnamese government
sees the tech sector as the linchpin of the country's economic growth. It has
heavily invested in infrastructure and passed economic policies encouraging
both domestic and international entrepreneurs to start businesses.
From Vietnam's northern capital of Hanoi to the coastal
city of Da Nang to Ho Chi Minh City (HCMC, formerly Saigon) in the south, regional
universities churn out hundreds of well-trained IT and software engineering
graduates each year. Top companies from all over the world recruit many of them
right out of school. More and more graduates also choose to seek venture
capital (VC) funding to launch start-ups.
For the moment, HCMC's start-up culture is concentrated
on the local market and apps that appeal to Vietnamese users to better their
quality of life. Vietnam's young app developers and entrepreneurs are motivated
by the desire to help their country realize its cultural, economic, and
technological potential.
"Vietnam is quickly becoming an investment and tech
hub for local and international enterprises and HCMC is at the heart of this
transformation," a Chief People Officer (CPO) at an enterprise software
company said. "The industry is still fairly nascent here, but we are
starting to see the market mature from either packaging software or outsourcing
to a production environment. This is leading to an increase in start-ups focused
on e-commerce and product development."
The company expanded research and development (R&D)
operations for its communication and
collaboration software into
Vietnam in 2013, where was motivated by the country's modified educational
structure that is producing capable and talented coders. The company's
development center in HCMC began with a team focused on building features for
Confluence, the company's team content collaboration platform.
The company invested in a recruiting campaign aimed at
local universities, plus a two-week boot camp and developer training for all
new hires. The company's Vietnam Careers page alone shows open positions spanning
Android/iOS development, UI/UX design, .NET, Java, front-end development,
product management, and more—to be filled almost entirely by local
professionals.
About us: TMA Solutions was established in 1997 to provide quality software outsourcing services to leading companies worldwide. We are one of the largest software outsourcing companies in Vietnam with 2,400 engineers. Our engineering team was selected from a large pool of Vietnam IT resources; they are well-trained and have successfully completed many large and complex projects.
Visit us at: https://www.tmasolutions.com/
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