Top 11 Software Outsourcing Company in Vietnam 2024

Explore Top 11 software outsourcing company in Vietnam and how to choose your best fitting partner – The list is updated in 2024 

In recent years, particularly since the COVID-19 pandemic, Vietnam has emerged as a prominent destination for outsourcing software development. The country’s flourishing outsourcing industry and competitive advantages have attracted international companies looking for skilled tech talent at cost-effective rates.  

However, choosing the right partner collaboration in Vietnam and considering certain factors can be challenging for newcomers. We aim to address this by highlighting the benefits of outsourcing software development to Vietnam and emphasizing key advantages that make it an appealing choice for businesses.

I. Why You Should Partner with Software Outsourcing Company in Vietnam

Vietnam’s IT outsourcing sector is expected to grow in 2023 in a number of areas, including labor size, technological proficiency, and service sophistication. 

Vietnam’s digital economy has expanded rapidly over the past ten years, and by 2025, it is expected to be worth $57 billion. For an extended period, the Vietnamese government has recognized the significance of fostering its digital economy and has implemented measures to establish a conducive and regulated atmosphere for technological advancement.

Let’s examine the benefits that come with outsourcing software development to Vietnam:  

1. Cost-saving

Vietnam is becoming an attractive destination for IT development due to its low labor costs compared to other offshore development centers like India, Ukraine, or China. Labor costs in Vietnam are 15%–50% lower than in Thailand and Malaysia, making it appealing to enterprises worldwide.  

For example, hiring a data engineer or software engineer in Vietnam costs between $9,600 and $18,000 per year, while in Singapore, it costs between $38,000 and $84,500 per year.  

2. Pool of software development and IT talents

Vietnam has a strong STEM (Science, Technology, Engineering, and Mathematics) education system, which helps develop highly skilled IT professionals. The country produces a large number of IT graduates, with over 480,000 IT developers and software engineers graduating from 153 colleges and universities in Vietnam. 

This large talent pool, combined with the increasing number of English-speaking IT workers, makes Vietnam an excellent choice for outsourcing software development.

3. Stable economic and political environment

Vietnam benefits from a stable economic and political environment, unlike some other countries in the region. The government of Vietnam actively supports economic operations and offers financial aid, land leasing savings, and other incentives to indigenous IT enterprises. This support has attracted significant investments from companies like Intel, LG, Microsoft, Apple, and Samsung, further strengthening Vietnam’s position as an offshore IT destination.

4. Exposure to the latest technologies and tools

The IT outsourcing industry in Vietnam is growing rapidly, and software outsourcing company in Vietnam are constantly adapting to the latest tools and technologies. This means that client companies and their projects can benefit from cutting-edge knowledge and stay ahead of technology trends.  

Outsourcing software development to Vietnam allows businesses to access world-class software services without worrying about the constantly changing industry landscape.

5. Increased efficiency

Outsourcing software development to Vietnam can increase efficiency for businesses in several ways. By outsourcing non-core tasks, businesses can focus their efforts on their core competencies and allocate their internal resources where they are needed the most.  

This optimized approach improves project turnaround times and ensures that the right specialists are addressing challenges at the right time and in the correct manner. As a result, businesses can achieve smoother workflow processes and increased efficiency.

Explore more about Vietnam software outsourcing landscape in our dedicated blog here Insights into Vietnam Software Outsourcing Market

II. Common Types of Software Outsourcing in Vietnam

1. Project-based outsourcing

Project-based outsourcing refers to the practice of outsourcing the entire development of a specific software project to an external vendor or team. This approach is suitable for companies that have well-defined project requirements, timelines, and budgets.  

In project-based outsourcing, the outsourcing partner is responsible for delivering the project within the agreed-upon scope, schedule, and budget. This type offers flexibility, scalability, and cost-effectiveness, allowing businesses to focus on their core activities while leveraging external expertise to complete the project.

2. Staff augmentation

Staff augmentation involves outsourcing specific roles or skill sets to complement an organization’s existing team. Instead of outsourcing an entire project, companies hire external resources temporarily to fill skill gaps, overcome resource constraints, and efficiently scale their development efforts.  

Staff augmentation is beneficial for companies that require additional expertise for short-term projects, specialized tasks, or peak workloads. It offers flexibility, control, and cost savings compared to hiring full-time employees.  

3. Offshore development centers (ODCs)

ODCs are dedicated facilities established by companies in offshore locations to outsource software development activities. ODCs serve as extensions of the client’s in-house team, providing access to skilled resources, infrastructure, and technical capabilities. Companies can set up ODCs in countries with favorable labor costs, talent pools, and business environments to drive cost savings and enhance operational efficiency.  

ODCs offer long-term strategic partnerships, enabling companies to establish a dedicated offshore presence, maintain control over the development process, and leverage economies of scale. 

III. Top 11 Software Outsourcing Companies Vietnam   

1. Adamo Software

Adamo Software stands as the premier software development company in Vietnam, renowned for its exceptional range of services. Adamo specialize in comprehensive software development solutions, encompassing mobile apps, web-based enterprise solutions, AI development services, blockchain development, and web application solutions.  

Adamo’s primary focus is on providing outsourcing services in various sectors, such as Travel & Hospitality, F&B, HealthCare, Fintech, and Social Networking, among others.

– Website: adamosoft.com

2. FPT Software

FPT Software is a globally prominent software outsourcing company in Vietnam and one of the top IT outsourcing companies established in 1999. They provide various services such as digital platforms, RPA, AI, smart factories, IoT, cloud, AR/VR, enterprise mobilization, managed services, and business applications.

– Website: fptsoftware.com

3. NashTech

NashTech is a talent and technology solutions provider with a worldwide reputation. They offer services such as software development, digital transformation, and consultation services. They have helped customers solve complex technology problems and build and scale their technology with digital capabilities.

– Website: nashtechglobal.com

4. TMA Solution

TMA Solutions is one of the top software outsourcing companies in Vietnam, established in 1997. They have over 4,000 expert industry engineers and provide a full range of software services, from testing and maintenance to full-cycle development and end-to-end solutions.

– Website: tmasolutions.com

5. CMC Global

CMC Global is a Vietnam-based software outsourcing firm. They offer services such as cloud migration, custom software development, RPA service implementation, and cloud service management. They have a track record of successful client partnerships and collaborations and are composed of more than 3,500 IT professionals

– Website: cmcglobal.com.vn

6. Saigon Technology Solutions

Saigon Technology Solutions is a renowned Vietnam software development outsourcing firm. They provide services such as application development, web development, mobile application development, and offshore software outsourcing services.  

– Website: saigontechnology.com

7. KMS Technology

KMS Technology is a Vietnam and US-based company that specializes in IT consulting, offshore software development, and testing services. They provide IT consulting services and offshore software development and testing services. They are dedicated to making a long-term social impact and collaborate with universities and non-profit organizations to provide better employment opportunities for disadvantaged students  

– Website: kms-technology.com

8. Rikkeisoft

Rikkeisoft Corporation is a software outsourcing company in Vietnam. They focus on researching and developing AI, IoT, VR/AR, blockchain, cloud, and other technologies. They provide software services and solutions for clients worldwide, ranging from web/cloud systems, mobile applications, games, and blockchain to AI, IoT, business processing, and embedded systems.

– Website: rikkeisoft.com

9. Orient Software

Orient Software is an IT outsourcing company in Vietnam that offers customized and high-quality services such as cloud migration, custom software development, RPA service implementation, and cloud service management.

– Website: orientsoftware.com

10. LogiGear Vietnam

LogiGear Vietnam was established in 2005 and specializes in software testing and development. They have completed over three thousand projects for hundreds of companies worldwide. They provide IT and software outsourcing services like quality assurance, Salesforce consulting, and business operation solutions  

– Website: logigear.com

11. TP&P Technology

TP&P Technology has a team of experienced consultants, engineers, and developers. In addition to software development, TP&P Technology also offers cybersecurity services customized to the needs and contexts of their business partners. They have expertise in cybersecurity and can assist in achieving lower overall maintenance costs.

– Website: tpptechnology.com

IV. How to Choose the Best Fitting Software Outsourcing Company in Vietnam to Work With

When you already have a clear idea of what you want to build and are ready to find a software outsourcing company in Vietnam responsible partner to handle it.  

1. Conduct research about truthy software outsourcing partner

By leveraging various resources and methods, you can gather comprehensive insights, evaluate potential outsourcing partners, and make informed decisions. Here are some effective methods and resources to consider:  

Online research and reviews 

Visit the websites of potential outsourcing partners and explore their case studies, client testimonials, and project portfolios. 

Utilize platforms like Clutch or GoodFirms, which provide detailed profiles, ratings, and reviews of outsourcing companies based on client feedback and industry expertise. 

Conduct online research on partner websites or their social media such as LinkedIn to gather information about outsourcing companies, their services, and client testimonials. 

Participate in online forums, communities, or discussion groups related to outsourcing and IT services, such as Reddit and Quora, to seek recommendations, ask questions, and engage with industry professionals. 

Refer to reports from reputable firms like Forrester and IDC, which offer valuable insights into the outsourcing landscape and top service providers  

Attend conferences and events 

Participate in industry conferences, seminars, and networking events focused on outsourcing and IT services. These events provide opportunities to connect with outsourcing vendors, learn about their capabilities, and engage in discussions with industry experts.

2. Evaluating expertise and experience

When you have a list of outsourcing software partners, it’s important to evaluate their expertise and experience to narrow down your options. Here are some steps you can take:  

Review portfolio and case studies 

Ask the outsourcing developers for access to their portfolio and case studies that showcase their past projects and accomplishments. This will allow you to assess their expertise, capabilities, and track record in delivering similar projects or solutions  

Review certifications and qualifications 

Check if the outsourcing developers have relevant certifications, qualifications, and completed training programs. Certifications from reputable organizations or vendors can validate their expertise and commitment to continuous learning and professional development.  

Exploring cooperation models 

Explore different cooperation models commonly used in outsourcing, such as dedicated teams, project-based outsourcing, staff augmentation, or managed services. Then, assess the advantages, disadvantages, and trade-offs associated with each cooperation model. Consider factors like scalability, risk management, cost-effectiveness, control, and collaboration.  

Explore more insights on How to choose the right software outsourcing partner here

V. F.A.Qs about Software Outsourcing Company in Vietnam 

1. Is Vietnam a tech hub?

Yes, Vietnam is considered a tech hub in Southeast Asia. The country has invested heavily in its tech educational system, resulting in a well-trained talent pool of IT professionals. Vietnam is home to over 67,000 IT companies and has more than 1 million ICT workers.  

The tech scene in Vietnam has been thriving, with the country experiencing significant growth in its ICT sector. In 2022, the revenue of Vietnam’s ICT sector reached more than $154 billion in 2023, a year-on-year increase of 1.49 per cent.

2. How many IT companies are there in Vietnam?

As of August 2023, there are 67,365 IT companies in Vietnam, including 9,822 IT services companies.

3. What companies outsource to Vietnam?

Vietnam has become an attractive outsourcing destination for many companies around the world. Some of the notable companies that outsource to Vietnam include:  

_ United States: Qualcomm, Microsoft, Google, Intel, and more. 

_ European Union: Airbus, Discovery, Unilever Networks Europe, Continental, and more. 

_ South Korea: LG, Samsung, Shinhan Bank, SmileGate, LG Electronics, Ricoh, and more. 

_ Japan: Uchida, Hitachi, DNP, VINX, Mitsubishi Electric, NTT Data, Toshiba, and more. 

_ Southeast Asia: URC, Central Group, Friso, and more.

4. What are the most popular tech stacks among Vietnamese developers?

The most popular technologies among Vietnamese developers include:  

_ React 

_ Java 

_ MySQL 

_ Spring Boot 

_ Laravel 

_ .NET Core 

_ Django 

_ AWS 

JavaScript is the most commonly used language, and React, Node.js, and Angular are the top three choices for JavaScript frameworks.  

5. What is the tech city in Vietnam?

As of 2023, there are three major tech cities driving Vietnam’s IT sector:  

_ Ho Chi Minh City, with 28,000 ICT companies 

_ Hanoi, with 17,900 ICT companies 

_ Da Nang, with 2,500 ICT companies  

These cities have a thriving tech ecosystem and contribute significantly to Vietnam’s tech industry.