Stress-free Outsourcing: Your Guide to Vietnam
Outsourcing your IT projects and development needs is easier, cheaper and more rewarding than ever. Vietnam is evolving into a growing hotspot for IT development.
If you own, manage or are planning to start a business, the chances are you already know how important digital presence and capabilities are, and the vast potential offered by them. However, for many companies or individual start-ups, maintaining an in-house team of developers can be prohibitively expensive, and as shall be seen, very-often unnecessary.
Added to that, hiring freelance developers can also come with its own range of challenges, from expensive rates in western countries, to a large of expenditure of hours on HR management and overheads.
Luckily, this no longer needs to be an issue.
The answer? Outsourcing your IT development and project needs to a team of talented developers. And Vietnam is a country with plenty of them.
Now, you may be thinking: “Vietnam?” While it may be famous for its exotic landscapes and pho noodles, it may not be the first to come to your mind when you think of hi-tech development.
But, you’d be wrong.
Vietnam is also a country that has been demonstrating some of the most extraordinary economic growth and development in the world during the last decade, and it’s projected to continue doing so for the foreseeable future.
In fact, Vietnam has one of the fastest growing middle classes in the world, and the country is fast transitioning from a low-end manufacturing base into a hi-tech hub and service economy.
How has this turned it into a development hotspot for companies looking for smart and convenient ways to outsource their IT needs? Read on.
1. A young, educated population
Vietnam consistently ranks very high in developing countries’ education rankings, and even outperforms some western countries too. Vietnam’s young population is increasingly turning to IT and development for higher education, and its universities are sending out thousands of new graduates every year.
Vietnam is no small country; with roughly 94 million people, it’s the 13th most populous nation in the world. So this means there’s more and more IT talent becoming available in the labor market there.
2. An openness to the world
Many people justifiably worry that outsourcing to a foreign company will result in a lot of problems due to cultural and language barriers.
While it’s true that Vietnam has its own distinct culture, and working with a team there will undoubtedly require a little bit of openness to a few cultural idiosyncrasies on your part, the Vietnamese people are highly enthusiastic about their growing interconnection with the world and the global economy.
Vietnam has been named ‘the most global economy’ by many analysts. It’s a country whose people understand the benefits of cross-border interaction and trade, and who will go out of their way to make sure you, as their customer, are satisfied with what they provide you with.
3. It’s cost-effective
Put simply, Vietnamese labor is cheap compared to other western markets, but offers similar, if not higher, levels of technical expertise in the IT sector. This isn’t to say that IT developers are underpaid there, just that for an economy where the average GDP per capita is around US$2,000, the relative costs are cheaper.
Coupled with the oversight and stringent quality controls put in place by Bocasay, outsourcing to a dedicated team of Vietnamese IT developers is a no-brainer for any company or individual seeking to find a flexible, effective and efficient solution to their IT needs.
Want to find out more? Get in contact with us for a chat about how we can help you outsource your IT needs to a talented Vietnamese development team.