There are 52 Companies in Vietnam
that provide Blockchain Services!

As Vietnam moves from low-tech manufacturing to a service-oriented economy, the country’s information technology (IT) market is increasingly gaining traction, giving competition to IT firms in China and India. This has partly been encouraged by the growth of Vietnam as a regional market for domestic enterprises and global technology vendors.

Why You Should Work With Vietnamese IT Companies

Local software producers mostly provide their products to the government and small and medium-sized enterprises, while larger Vietnamese companies generally look to multinationals for software. As internet infrastructure starts to improve, more demand for areas such as software as a service (or, on-demand software) and other cloud-computing services should pick up. 

What You Should Pay Attention to When Working With Vietnamese IT Companies

The underdeveloped IT sector and infrastructure, as well as a relatively low level of education in IT, make Vietnamese companies less attractive to foreign customers. Additionally, IT companies and web agencies from Vietnam face systemic problems with cybersecurity, piracy rate, and efficient communication, among others.  

Cybersecurity is a particular vulnerability for Vietnam, and one of the most notable cases happened in 2016, when an alleged Chinese hacker group, 137CN, carried out some cyberattacks on Vietnam’s airports as well as the official website of the national flag carrier Vietnam Airlines, in which the airline’s customer database was stolen and made public on the internet.

In 2019, there were a total of 31,500 security incidents in the country, according to the Vietnam Computer Emergency Response Team. In the first half of 2020 alone, the number of incidents was 4.4 times higher compared with a year earlier. In 2025, the cyberattacks continued with 179 more attacks, mostly attributed to the group Anonymus VNLBN.

How Reliable Are Vietnam-based IT Companies 

Under the strongly growing digital economy, major opportunities are opening for investors, especially those who want to provide products and services based on new technologies. Combining this and the cheap market price, investors rely on Vietnamese IT companies to provide the needed digital services. 

But the situation is different in the regional market, where potential clients have a wide range of countries and companies to choose from for their web or software projects. 

Why Outsource Software/Web Development to Vietnam?

Vietnam is an appealing destination for outsourcing software and web development due to the various perks it provides. It has a fast-growing tech sector with more than 1.2 million workers in over 74,000 IT companies. It is cost-effective to outsource web and software development in Vietnam, with hourly prices of $20-$45, compared to the US costs $65-$130. The country’s rich talent pool has over 560,000 new employees in 2024-2025, and between 50,000-60,000 students who choose to learn computer science or other IT domains. Additional benefits include a stable government and a favorable investment ecosystem.

How Does the Vietnamese IT Industry Relate to the Neighboring Countries

IT Outsourcing services generate around $777.36 million by 2025, Statista reports. However, Vietnam is still a boutique market when it comes to outsourcing and lags behind its regional peers, such as India and the Philippines, which earned $12.41 billion and almost $800 million, respectively, from providing IT services the same year. 

Blockchain Service gives companies the ability to develop, host, and use their own blockchain apps, smart contracts, and other features on the blockchain infrastructure built by a vendor via cloud-based solutions.

Blockchain is one of the most rapidly evolving IT technologies. There are over 83 Million blockchain wallet users worldwide, according to Buy Bitcoin Worldwide report.

Blockchain boosts business competitiveness without investing in research, planning, or infrastructure and the advantages to choose blockchain service providers for your company are: 

• Improved safety
• Increased accountability
• Real-time tracking
• Automation
• Enhanced productivity

It's not simple to pick the best blockchain service providers to deal with. There are several things to think about:

• Location
• Price
• Team size
• Previous experience
• Turnover time
• Communication means

Blockchain technology solves urgent problems in a variety of industries, including healthcare, logistics, manufacturing, and information technology. Businesses across a range of sectors may undergo substantial transformations by combining blockchain with disruptive technologies like AI, Big Data, and Cloud.

There are almost 1,900 blockchain service providers on our platform which offer a wide variety of solutions that will enhance your ecosystem's scalability, security, and transparency. Explore their profiles and feel free to get in touch with them.

Is Blockchain Still a Trend?

Blockchain was initially created for Bitcoin, but in recent years it serves other purposes beyond cryptocurrency. It has the capabilities to provide increased safety, and minimize fraud. The security and transparency are ensured because every transaction in the Blockchain industry is grouped into blocks, then they are connected into a secure chain, creating a tamper-proof record. 

The Blockchain industry has applications in multiple areas like cryptocurrency, asset management, IoT, cross-border payments, and more. Additionally, it has the potential to define the world of tech through its:

• Interoperability and cross-chain solution

• Decentralized Finance (DeFi) 

• NFTs in intellectual property 

• Sustainability & green blockchain

• Integration with IoT

Blockchain applications have prioritized personal privacy, made it possible for smart contracts, the integration of IoT, and can be leveraged by the government, showing its potential for the future tech world.

What is a Blockchain Developer?

A Blockchain Developer is a software developer who works with Blockchain technologies for programming, developing, and testing software and systems. There are two main types of Blockchain Developers:

• Core Blockchain Developer - develops and maintains the architecture of Blockchain systems

• Blockchain Software Developer - builds applications onto existing Blockchain platforms

Some of the responsibilities of of a Blockchain Developer are:

• Keeps the data related to digital transactions secure

• Uses programming languages for building applications

• Works in the development and deployment of smart contracts

• Engages in the design and creation of Blockchain network architecture

• Troubleshot the issues in the Blockchain network

What is the Cost of Hiring Blockchain Developers in Different Countries?

The cost is dependent on the country, in Europe for example expect to pay at least $30-70 / hour for blockchain development services. TechBehemoths lists hundreds of blockchain development companies from all over the world. You can easily filter the companies by price or region.

The hourly rate it’s just one criterion to keep in mind when you look for a blockchain service provider for your business needs. There are many other aspects to consider like company location, services, team size, portfolio, etc.

TechBehmoths has an advanced matching system to help you find the right blockchain service provider for your projects.