Delve Into Top 10 Software Outsourcing Vietnam Companies

In this digital world, businesses are constantly seeking innovative ways to remain competitive and agile. One of them is finding a software outsourcing company in Vietnam.

With its vast pool of talented developers, Vietnam has positioned itself as a premier choice for companies looking to outsource their IT services. This blog will explore the ups and downs that top software outsourcing companies in Vietnam offer.

1. Introduction To Software Outsourcing In Vietnam

IT outsourcing involves delegating specific IT functions or processes to a third-party provider, which can streamline costs, increase flexibility, and provide access to specialized skills. By choosing a Vietnam software outsourcing company, your business can leverage these benefits to drive innovation and stay competitive in a fast-paced market.

Vietnam is rapidly establishing itself as a dynamic hub for innovative solutions and advanced technologies, according to an article published by Forbes. The Vietnamese market is underscored by impressive milestones, such as the $1.4 billion in venture capital funding that local tech startups attracted in 2021. This remark highlights the growing confidence in Vietnam’s tech landscape.

Here are some key insights about software outsourcing Vietnam:

• IT engineers: 480,000
• Most popular programming languages: JavaScript, Java, PHP, C#/.Net, Python
• Top IT job roles: Backend developer, Full-stack developer, Frontend developer
• Most common IT services: eCommerce, Fintech, Car/Food ordering, Software outsourcing, Business process outsourcing

Vietnam’s government has played a significant role in fostering this growth through favorable policies aimed at attracting foreign investment and supporting local IT companies. The establishment of the ASEAN Economic Community has further opened doors for collaboration and expansion in the region​. According to the Tholons Services Globalization Index 2021, Vietnam is positioned at #25 in the Top 50 Digital Nations, reinforcing its status as a premier destination for software outsourcing in Vietnam.

Vietnam boasts an IT turnover rate of under 5%, significantly lower than India’s 10% or more

Alt Text: With an IT turnover rate below 5%, Vietnam stands out in software outsourcing vietnam, significantly better than India’s 10% or more in the software sector [_newwavesolutions]

2. Why smart businesses are choosing software outsourcing in Vietnam

Shifting from a large number of Filipino and Indian IT developers, many international companies are now keen on outsourcing software Vietnam. With its stable economy and political climate, Vietnam stands out as a premier destination for offshoring IT solutions. Here are some of the key benefits you can expect when working with Vietnamese high-skilled developers:

2.1. Experienced experts

Vietnam boasts a robust pool of talented software developers who are not only skilled in various programming languages but are also adept at using the updated technologies. The country’s education system places a strong emphasis on science, technology, engineering, and mathematics (STEM), ensuring a steady stream of well-qualified graduates ready to tackle complex software development projects. 

Additionally, many software companies in Vietnam invest heavily in continuous training and development. These factors have driven software outsourcing Vietnam to achieve unprecedented growth over the past decade. Following essential SaaS outsourcing tips—like evaluating a provider’s experience and checking for industry-specific skills—can maximize these benefits.

2.2. Cost-effective solutions

One of the main reasons businesses choose to IT outsourcing services is to reduce costs. Vietnam’s lower cost of living compared to many Western countries results in reduced labor expenses, making it one of the top outsourcing companies in Vietnam for businesses looking to save on IT expenditures. 

As a result, software outsourcing Vietnam companies are able to provide competitive pricing for top-quality development services, allowing businesses to achieve substantial savings without sacrificing quality. Moreover, by partnering with software outsourcing Vietnam providers, enterprises gain access to specialized expertise and scalable solutions, further enhancing their cost-efficiency.

2.3. Flourishing IT infrastructure

Outsourcing software companies in Vietnam have made a lot of leaps thanks to the remarkable growth of IT infrastructure in recent years. These software companies in Vietnam are taking advantage of the favorable environment for innovation and technological advancement fostered by the local government. This progress has enabled software outsourcing Vietnam to the establishment of numerous tech parks, innovation hubs, and an overall ecosystem that supports and nurtures the IT industry.

2.4. Cultural compatibility and work ethic

Vietnam software developers are known for their strong work ethic, dedication, and adaptability. They are committed to delivering high-quality work and often go the extra mile to meet client expectations. Additionally, Vietnam’s cultural values of respect, diligence, and responsibility align well with the professional standards of many Western countries, facilitating smoother collaboration. These traits have positioned software outsourcing Vietnam as a preferred choice for businesses seeking reliable and culturally compatible development partners.

2.5. Language proficiency

English is widely taught and spoken in Vietnam, especially among the younger generation and professionals in the IT sector. This proficiency in English ensures clear communication, reducing the likelihood of misunderstandings and making collaboration more efficient and effective.

Thanks to these language skills, software outsourcing Vietnam has become increasingly seamless for international clients. Many software outsourcing companies in Vietnam provide dedicated English-speaking project managers who bridge the gap between local developers and international clients, further enhancing the collaboration process.

2.6. Time zone advantage

Vietnam’s time zone is convenient for businesses in both the West and the Asia-Pacific region. This time zone flexibility has positioned software outsourcing Vietnam as a strong choice for companies seeking responsive, around-the-clock productivity. For companies in the U.S., there is also the added benefit of round-the-clock productivity, as work can continue seamlessly across different time zones.

2.7. Stable business environment

Vietnam offers a stable and attractive business environment with favorable policies for foreign investments. With favorable policies in place, the country actively supports the IT sector through various incentives, tax breaks, and streamlined business processes. This nurturing environment has made software outsourcing Vietnam a prime location for foreign companies looking to establish and sustain operations, enhancing their ability to thrive in the competitive global market.

3. Dig Into Top 10 Software Outsourcing Vietnam Companies

3.1. FPT Software

Founded in 1999, FPT Software has cemented its position as a top software outsourcing company in Vietnam. The company offers a broad spectrum of software outsourcing services in Vietnam, including smart factories, enterprise mobilization, Internet of Things (IoT), robotic process automation (RPA), platform modernization, application services, and artificial intelligence.

Beyond its diverse service offerings, FPT Software boasts a global presence with teams and employees located in 26 countries, addressing the IT outsourcing needs of clients worldwide. Over the past 19 years, FPT Software has supported hundreds of global clients across various industries in their digital transformation journeys. This extensive experience and comprehensive service range solidify FPT Software’s status among the top software outsourcing companies in Vietnam, making it a leading choice for software development outsourcing in Vietnam.

FPT Software has established a commendable reputation through its successful collaborations with Fortune Global 500 companies, showcasing its dependability and innovative approach. As a frontrunner in Vietnam’s IT outsourcing sector, FPT Software is an excellent choice for businesses seeking a partner capable of managing intricate projects on a worldwide scale.

3.2. Newwave Solutions

Newwave Solutions has become one of Top 10 IT outsourcing companies in Vietnam. In the last 12 years, they’ve enhanced services and expanded to 2 branches in Japan and Vietnam. Their dynamic team of 300+ employees is committed to delivering efficient solutions in custom software development. They specialize in IT outsourcing, Web, App, and Mobile development, UI/UX design, QA & Testing, and innovative technologies like Blockchain & IoT.

Driven by a commitment to technology and a deep sense of responsibility, Newwave Solutions strives to deliver not just top-notch Vietnam software, but also optimal technological solutions for its clients and partners​. Their goal is to ensure that they meet the evolving needs of businesses through innovative approaches and high-quality deliverables.

As a rapidly growing software outsourcing company in Vietnam, Newwave Solutions has earned several prestigious awards in the technology industry, including being named among the Top 10 ICT Companies in Vietnam 2022, Top 10 Blockchain Companies in Vietnam 2022, Top 100 Sustained Growth Companies 2022 by Clutch, and High-Growth Companies Asia-Pacific by Statista. Discover why Newwave Solutions is a top-rated IT provider by having a look at our Clutch profile today

3.3. TMA Solutions

Established in 1997, TMA Solutions Company stands tall as a pioneer in software outsourcing Vietnam. Recognized globally for its exceptional software outsourcing services, TMA Solutions has consistently delivered high-quality solutions to a diverse clientele spanning 30 countries.

As one of the largest software companies in Vietnam, TMA Solutions offers a comprehensive suite of services tailored to meet the complex demands of global markets. With a presence in key international hubs such as the USA, Canada, Germany, Japan, Australia, and Singapore, TMA ensures seamless service delivery and support worldwide.

3.4. LogiGear Vietnam

LogiGear Vietnam stands out as a top software outsourcing company in Vietnam. Initially founded in Silicon Valley in 1994, LogiGear specialized in software testing and development. Over the years, it has expanded its expertise and now operates alongside MK Partners and TPP Technology under the LogiGear Group umbrella, offering a comprehensive range of software outsourcing services in Vietnam. These services include software engineering, quality assurance, Salesforce consulting, and business operations.

With a proven track record of over 3,000 completed projects for hundreds of organizations worldwide, LogiGear has established itself as a leader in the field. LogiGear Vietnam, established in 2005, boasts a large pool of top software testers and developers working from offices in Da Nang City and Ho Chi Minh City. This strategic positioning and extensive expertise make LogiGear a top choice for businesses seeking reliable and high-quality software development outsourcing Vietnam.

3.5. KMS Technology

Among the top software outsourcing companies in Vietnam, KMS Technology stands out as a premier choice. With a dual presence in the U.S. and Vietnam, KMS Technology excels in IT consulting, offshore software development, and testing services, making it a trusted partner for businesses looking to leverage the advantages of software outsourcing Vietnam.

Operating for over 12 years, KMS Technology has successfully served more than 130 clients worldwide. Their customer-centric approach, coupled with a team of top-tier IT engineers, ensures they can handle even the most complex projects. KMS Technology is also renowned for its expertise in supporting clients through digital transformation, making it a key player in Vietnam software development outsourcing. For businesses seeking reliable and high-quality software outsourcing services in Vietnam, KMS Technology is a trusted partner.

3.6. Saigon Technology

Saigon Technology is a significant player in Vietnam’s IT outsourcing sector, boasting over ten years of experience and offices in Singapore, Australia, and the U.S. They specialize in software outsourcing and enterprise applications, employing a talented team of more than 400 developers who are committed to providing high-quality solutions. 

Recognized as one of the leading software companies in Vietnam, their agile methodologies and dedication to quality make them a preferred choice for businesses seeking dependable software development. Their growth into various markets demonstrates their ambition and capacity to serve a wide range of clients, reinforcing their status among the top software outsourcing companies in Vietnam.

3.7. Savvycom

Savvycom is a significant player in Vietnam’s IT outsourcing sector, offering a wide range of IT consulting services across various industries, including healthcare, fintech, e-commerce, and logistics. Their commitment to quality and innovation positions them as a leading choice for businesses seeking reliable IT solutions through software outsourcing Vietnam.

With over 14 years of experience, the software company in Vietnam has established itself as a reliable partner for businesses aiming to enhance their IT infrastructure. Their dedication to providing high-quality services, such as Cloud and DevOps solutions, has enabled more than 100 global partners to effectively scale their operations. As a leading software outsourcing company in Vietnam, Savvycom is a great choice for organizations looking to improve their technological capabilities.

3.8. Axon Active

Axon Active is a Swiss offshore software development company known for its strong Agile IT expertise and a diverse portfolio of successful international projects, ranging from small businesses to complex multi-platform solutions for large enterprises. Founded in Vietnam in 2008, Axon Active has established itself as a prominent player in the IT outsourcing industry. 

With a talented offshore team of over 600 engineers, they combine effective talent management, Agile and Scrum methodologies, and deep market insights. They foster solid partnerships with clients by assembling specialized development teams that deliver high-quality, innovative custom software solutions at competitive prices through their software outsourcing Vietnam services.

In 2015, they made their global debut in San Francisco, allowing regional businesses to access cost-effective software development outsourcing services outside Silicon Valley. This strategic move helped position them as a key player in the growing demand for software outsourcing Vietnam, enhancing their reputation in the international market. Since then, they have successfully expanded their offerings to Australia and Japan, with a new branch in Myanmar launched in 2019.

3.9. CMC Global

CMC Global stands out as a leading software outsourcing company in Vietnam, offering a diverse range of highly customized IT outsourcing solutions. Their expertise spans Cloud Migration, Custom Software Development, RPA Service Implementation, and Cloud Service Management, backed by a proven track record of successful projects across various scopes.

With over 2,500 skilled IT professionals, CMC Global is well-equipped to handle large-scale software development projects, ensuring businesses benefit from their extensive expertise and commitment to excellence. As a dedicated software company in Vietnam, CMC Global specializes in delivering critical IT projects that enhance business capabilities through innovative technology solutions.

3.10. EPAM

EPAM utilizes human-centered innovation to deliver tangible business value to clients by blending its software engineering expertise with strategic business consulting, design thinking, and integrated physical-digital solutions. This approach allows them to effectively meet client needs while enhancing their software outsourcing Vietnam service offerings.

Established in the United States, EPAM is primarily owned by institutional investors, holding 96.9% of the company as of December 31, 2022, with management and staff owning the remainder. Since its inception in 1993, EPAM has leveraged its strong software engineering foundation to become a leading global provider of digital transformation services, excelling in both digital and physical product development as well as digital platform engineering.Through its innovative approach, which combines advisory services, consulting, and design, EPAM’s hybrid teams are deployed globally to help realize the future for customers and communities. They enhance enterprise, education, and healthcare platforms that foster connections, optimize experiences, and improve lives. This strategy aligns perfectly with the growing trend of software outsourcing Vietnam, where companies leverage local expertise to drive technological advancements and improve service delivery.

Here are some top software outsourcing Vietnam companies that we recommend. If you’re looking for a reliable partner for your project, consider hiring any of these companies. They possess extensive experience and expertise in the field, capable of handling even the most intricate projects effortlessly.

4. Key factors to consider for selecting a well-suited software outsourcing Vietnam company

One of the most compelling reasons to choose a software outsourcing company in Vietnam is the ability to quickly kickstart your project and bring your product to market faster, giving you a critical edge in today’s competitive landscape. However, when it comes to software outsourcing in Vietnam, there are still four main essential points that need to be acknowledged because not all Vietnam software companies have the same level of expertise or quality.

Evaluating factors like the company’s portfolio, client reviews, and technical expertise helps ensure you hire a firm capable of meeting your project standards.

4.1. Expertise and experience

When it comes to custom software development, experience is a crucial factor. It’s essential to verify that the potential vendor has extensive experience in your specific sector and can handle complex tasks effectively. Additionally, ensure they are well-versed in the programming languages or platforms relevant to your project. 

One of the most effective ways to evaluate their reputation is by reviewing their portfolios and case studies. Furthermore, you can assess the reputation of software outsourcing companies in Vietnam by reading reviews on platforms like Clutch, Design Rush, or GoodFirms. Engaging with previous clients can also provide valuable insights into the quality and reliability of software outsourcing Vietnam firms.

4.2. Workplace Culture and Personality

Hiring foreign employees requires your business to adapt to their local culture. It’s important that the organizational culture aligns with your team, and their working style complements yours. These factors will have a direct impact on communication, influencing overall productivity and the success of your project. Ensuring a good cultural fit is particularly important when selecting from the top software outsourcing companies in Vietnam.

4.3. Budget 

Global businesses face various costs when outsourcing services, with labor and infrastructure being key considerations. Labor costs require thorough research and comparison of the job market in different countries, while infrastructure expenses involve setup and maintenance. A comprehensive cost analysis should also account for initial and ongoing expenses, hidden fees, potential cost overruns, and currency fluctuations. Conducting in-depth research enables business owners to make informed decisions, ultimately leading to substantial savings in the outsourcing process.

4.4. Time Zone and Communication

Differences in time zones between the outsourcing location and the client’s location can impact real-time communication and collaboration, leading to delays in decision-making and response times, which may ultimately affect project timelines. When engaging in software outsourcing Vietnam, aligning work hours can enhance collaborative efforts and streamline communication, ensuring smoother project progression.

Additionally, language barriers can result in misunderstandings or misinterpretations. By leveraging communication tools such as video conferencing, messaging platforms, and project management software, your team can help bridge these gaps and ensure open, effective communication throughout the project.

4.5. Workflow Process

Each outsourcing company in Vietnam has its unique workflow, which can impact the timeline and quality of your project. Investigate the software development methodologies employed by potential providers, such as Agile or Waterfall, to ensure they align with your project’s needs. Transparency in their processes can also enhance trust and collaboration between both parties, a critical factor when selecting from the top outsourcing companies in Vietnam.

4.6. Contract Type

The type of contract you choose will play a significant role in shaping your partnership with the service provider. Common contract forms include time and materials, fixed-price, or outcome-based contracts. Each contract type has its own advantages and disadvantages, so it’s essential to select one that aligns with your goals and budget, especially when working with software companies in Vietnam.

5. To Sum Up

In conclusion, outsourcing software Vietnam has become an ideal choice due to the country’s economic stability, cost-efficiency, and robust quality control measures. Compared to other Southeast Asian nations, Vietnam’s software development outsourcing environment is notably more cost-efficient, leading some manufacturers who previously outsourced to China, the Philippines, or India to shift their operations to Vietnam.

Let’s choose Newwave Solutions and experience the benefits of working with one of the best software outsourcing companies in Vietnam. By leveraging their expertise in software outsourcing Vietnam, you can access innovative solutions tailored to your business needs, ensuring a competitive edge in the market.

• Head Office (Hanoi): 1F, 4F, 10F, Mitec Building, Duong Dinh Nghe Street, Yen Hoa Ward, Cau Giay District, Hanoi City, Vietnam
• Branch Office (Tokyo): 1chōme118 Yushima, Bunkyo City, Tokyo 1130034, Japan
• Hotline: +84 985310203
• Website: https://newwavesolution.com
• Email: [email protected]

Frequently Asked Questions

1. Is Vietnam good for outsourcing?

Yes, it is. Outsourcing to Vietnam is indeed becoming an emerging trend. Besides IT roles, the country also has a vast pool of skilled professionals for other outsourcing services. Vietnam’s government is able to safeguard its people as well as their livelihood successfully. This South-Asian country, although a small nation, is considered an outstanding example of social resilience and technological fortitude.

2. How big is the IT outsourcing market in Vietnam?

Vietnam’s IT industry has seen remarkable growth in recent years, positioning the country as a top destination for software outsourcing. In 2023, the industry generated $1.76 billion in revenue, with projections suggesting it will reach $1.99 billion by 2024. This surge in revenue highlights the increasing demand for software outsourcing Vietnam, as businesses worldwide recognize the country’s skilled workforce and competitive pricing.

3. Is Vietnam a tech hub?

Vietnam’s startup ecosystem is rapidly expanding, establishing itself as a tech hub in Southeast Asia. The country’s startup landscape is thriving, with a plethora of innovative businesses emerging. This growth is bolstered by software outsourcing Vietnam, providing startups with access to skilled talent and cost-effective solutions.

4. How many tech companies are there in Vietnam?

Vietnam is home to 233 companies that span across 98 different services and industries. Explore the leading IT firms in the country that specialize in areas such as web development, software development, web design, UI/UX design, digital marketing, branding, and more. The diverse landscape of software outsourcing Vietnam not only highlights the range of services offered but also underscores the country’s ability to cater to various business needs across different sectors.

5. What is the ranking of Vietnam in technology? 

The 2024 Global Innovation Index (GII) report places Vietnam at 44th out of 133 countries and economies, marking a rise of two positions since 2023. Notably, Vietnam excels globally in three key categories: high-tech imports, high-tech exports, and creative goods exports. This impressive ranking further reinforces Vietnam’s position as a burgeoning hub for software outsourcing Vietnam, attracting international businesses seeking innovative solutions and high-quality development services.