{"id":10465,"date":"2020-11-12T10:59:09","date_gmt":"2020-11-12T10:59:09","guid":{"rendered":"https:\/\/newver.innotech-vn.com\/?p=10465"},"modified":"2024-06-04T17:00:34","modified_gmt":"2024-06-04T10:00:34","slug":"vietnam-is-the-best-choice-for-software-outsourcing","status":"publish","type":"post","link":"https:\/\/newver.innotech-vn.com\/vie\/vietnam-is-the-best-choice-for-software-outsourcing\/","title":{"rendered":"Vietnam is the best choice for software outsourcing"},"content":{"rendered":"

Vietnam is a destination for many leading tech companies to have software development outsourcing<\/strong>.<\/a> The best workforce, cutting-edge technologies, and incredible cost-competence combine harmoniously to deliver excellent results.<\/span><\/p>\n

Recently, prominent US tech companies such as Intel, IBM, and Microsoft, etc. have been actively and continually investing in Vietnam. Many tech companies from other developed countries such as Japan or Australia had already set up offices and hired software developers to work on their projects in Vietnam in the past few years. The trend is becoming more and more popular on the global.<\/span><\/p>\n

In this article, we will give some evidence that makes Vietnam become the best choice for software outsourcing development<\/strong><\/a>.<\/span><\/p>\n

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Stable government policies and fast economic growth rate<\/b><\/h2>\n

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\"Vietnam Vietnam is the most politically stable countries in Southeast Asia<\/em><\/p>\n

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Vietnam is a country that you can easily find in the list of most politically stable countries in Southeast Asia with the economy has been experiencing rapid growth for the last 30 years. Both of these factors play an important part in developing<\/strong> software outsourcing in Vietnam<\/strong><\/a>.<\/span><\/p>\n

According to the World Bank statistics, the GDP per capita in Vietnam increased by 2.7 times between 2002 and 2018. It crossed $2700 in 2019. The World Bank says that 45 million people were lifted out of poverty during this period.<\/span><\/p>\n

The GDP per capita in Vietnam is expected to reach $2185 by the end of 2020, according to Trading Economics. Various factors such as economic stability, right policies, and proper governance contributed immensely to the rapid progress of Vietnam.<\/span><\/p>\n

This is a reason that companies aren’t sure to miss when finding software outsourcing partners<\/strong><\/a>.<\/span><\/p>\n

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Hiring outsourcing development companies in Vietnam is cheaper than in China, India<\/b><\/h2>\n

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Currently, India and China are industry leaders for outsourcing development companies<\/strong><\/a>. The Vietnam market started to emerge as a new outsourcing site. With offshore developments including:<\/span><\/p>\n