Explore Top Travel & lifestyle Companies in Vietnam
For online merchants and developers seeking high-quality extensions for their Magento 2 stores, Mageplaza offers a wide range of the most feature-rich...
Incorporated in 2015 with two offices in Tokyo and Hanoi, Scuti offers ecommerce solutions (Shopify, Magento, Woocommerce,..), web development, mobile...
VGGATE is an IT - Software Solutions provider from Vietnam. We are looking for a chance to cooperate with worldwide clients who demand finding vendors...
H&L Consulting, established in 2011, is a premier ITO firm based in the US with a dynamic branch in Hanoi, Vietnam. Our seasoned experts provide c...
Company Services 1-Digital Transformation We will actively research all the customer's issues such as business, marketing, and organizationa...
Established in 2019, Wiicamp has provided excellent software development, IT outsourcing solutions, and offshore development services for Vietnam and...
Established in 2000, Hodfords delivers technology solutions to businesses globally. Our main areas of focus are native mobile app development (iOS...
As a leading custom software development company in Vietnam, Adamo Digital has delivered outstanding IT outsourcing services to a diverse group of cli...
InspiLab is a startup studio based in Saigon who collaborate & create essential products for a well-communicated world. We are a product team of e...
CO-WELL Asia has been growing steadily since being founded in Vietnam in 2011. More than 450 employees work in the two Vietnamese offices, located in...
Ho Chi Minh City, Vietnam Head office in: Finland
We harness the strengths of the web, mobile, cloud, cyber security, and blockchain technologies to help our clients to launch transformative digital s...
Lollypop Design Studio Verified Company
Ho Chi Minh City, Vietnam Head office in: India
We are a full-stack design to development solution provider, that help enterprises build future-ready products. Our research-driven approach toward...
Infinity IT is a privately owned IT Outsourcing company with head office in Hanoi, Vietnam. Operating since 2020 Infinity IT today has expanded its se...
Spider is the leading web development company based in Ho Chi Minh City, Vietnam. Spider was founded in 2015, focuses on outsourcing web development,...
Terralogic Solutions Inc Verified Company
Ho Chi Minh City, Vietnam Head office in: United States
We are a 360-degree technology solution provider, right from product conceptualization to product maturity. We are industry veterans having tons of ex...
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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.