Explore Top Financial Companies in Vietnam
We are Twendee - One of Vietnam’s leading blockchain companies, with over 4 years of experience and almost 60 customers from all over the world....
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SHIFT ASIA is an industry leader in software testing related services, serving clients cross-continent. In 2005, SHIFT group was founded in Tokyo by a...
Relia software is a product development company which puts great emphasis on User experience driven engineering as well as scalable software architect...
1BITLAB offers comprehensive software development services throughout the entire development cycle. Leveraging our elite team, we deliver cutting-edge...
We're Slitigenz - a young & flexible IT team, specializing in building MVP for startups. We started building our startup product 4 years ago s...
AHT Tech is a premium global group that focuses on technology and business transformation with customer-oriented experiences. We assist clien...
Born as tech entrepreneurs specializing in crafting solutions and building highly skilled offshore development teams for companies of all sizes and ty...
Nexle is a leading software development company that provides consulting and outsourcing services to businesses worldwide. We are a team of skill...
Welcome to Dirox - Digital Solutions Maker At Dirox, we are dedicated to providing top-notch IT solutions that meet the needs of businesses of all...
LTS Group is a software development outsourcing company headquartered in Vietnam with subsidiaries in Japan and the U.S.. Our software development exp...
Ho Chi Minh City, Vietnam Head office in: Vietnam
Synodus is derived from “Synergy”. Let’s work together to achieve greater! Synodus is a pioneering software development company w...
SPHINX is a leading IT company headquartered in Vietnam along with international branches located in South Korea and Australia. With an expert te...
TECHVIFY Software is the top leading Vietnam software development company. We focus on custom software, web & mobile app development, & IT con...
SotaTek is a part of Sota Holdings, a global Software Development as a Service (SDaaS), IT Outsourcing & IT Consulting group. We provide sustainab...
VGGATE is an IT - Software Solutions provider from Vietnam. We are looking for a chance to cooperate with worldwide clients who demand finding vendors...
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Incorporated in 2015 with two offices in Tokyo and Hanoi, Scuti offers ecommerce solutions (Shopify, Magento, Woocommerce,..), web development, mobile...
Fram is a Swedish digital venture builder and software engineering tech partner. We built and operate our own digital ventures as well as design, deve...
Established in 2019, Wiicamp has provided excellent software development, IT outsourcing solutions, and offshore development services for Vietnam and...
Rikkeisoft is a global software outsourcing company with expertise in modern application development for a wide range of industries. WE TAKE CARE OF...
Established in 2000, Hodfords delivers technology solutions to businesses globally. Our main areas of focus are native mobile app development (iOS...
Amaris is a 4,000 employees Worldwide Technology Consulting Company, founded in 2007 in Geneva, Switzerland. Rapidly expanding and growing, the Amaris...
AgileTech Vietnam is a quality software Company. We are a group of dynamic and talented programmers. Our company was founded in 2015, and until now, w...
At Sosene Software, we know that we need a good understanding of your business organization to offer you high-quality, efficient IT solutions that evo...
Powergate Software is a renowned software and mobile app development company in Hanoi, Vietnam. We provide our clients with top rated software develop...
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The ICT Industry in Vietnam: General Profile
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 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, carrying out a number of 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.
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 were to choose from for their web or software projects.
How does the Vietnamese IT industry relate to the neighboring countries
IT outsourcing services generate around $3bn a year, according to Vinasa. 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 $98bn and $21.3bn, respectively, from providing IT services.