There are 3 Companies in Vietnam
that provide General Contracting 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 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. 

General contracting services are the backbone of construction projects, overseeing every aspect from planning to completion. These services ensure that construction projects are executed efficiently, on time, and within budget.

IT companies have begun offering specialized software and technology solutions for project management and construction processes. Some IT companies in this space include Procore, PlanGrid (now Autodesk Build), and Viewpoint, offering software designed to streamline construction management. While these solutions can be reliable in providing tools and platforms to support general contracting services, the practical execution of construction projects, including on-site management and physical construction, typically falls within the purview of traditional construction firms.

General contracting service providers rely on various tools and technologies to manage construction projects efficiently. These include project management software, Building Information Modeling (BIM) software, construction scheduling software, and Geographic Information System (GIS) tools. Mobile apps for real-time project updates, drones for site surveys, and remote monitoring systems also enhance project management.

General contracting is closely related to a range of construction and project management services, including design-build, construction management, subcontracting, project management, and facilities management. These services work together to ensure the successful planning, execution, and maintenance of construction projects.

Selecting the best IT company for general contracting services involves evaluating the features, scalability, and compatibility of their software solutions with your project's needs. Consider factors like user-friendliness, customer support, and the ability to integrate with other software and systems used in the construction industry.

General contracting providers are essential for various construction projects, including commercial construction, residential construction, infrastructure projects, industrial construction, renovation and remodeling, and government and public works. Companies and organizations across industries, including real estate developers, corporate entities, government agencies, healthcare institutions, retail chains, and education institutions, may require general contracting services based on their construction needs.

The cost of general contracting services varies widely based on factors such as project size, complexity, location, and the scope of work. In the US, average construction costs can range from $150 to $450 per square foot or more, depending on the project type and location. Costs in the UK and Australia may follow similar ranges but can also vary based on local market conditions and regulatory requirements. It's crucial to obtain detailed project estimates and bids from general contractors based on your specific project requirements and location.