Why Vietnam?
- One of the most stable and secure countries
- Average annual GDP growth of 7-8% during the last 15 years
- Young and well-educated population
- 70% of 87M population under 30
- Literacy rate more than 90%
- 220,000 university/college graduates a year
- Vietnam emerging as a high technology center
- Investment by IBM, Intel, Renesas, Foxcon ,Fujitsu, Canon,… to develop/manufacture high tech products
- Large talent pool
- 30K - 40K ICT graduates a year
- Supply will continue to exceed demand for many years.
- Quality
- Only top resources are employed.
- Adoption of international quality standards: ISO, CMMi,...
- Competitive cost
- 40% lower than China & India (neoIT, 2006)
- Low attrition
- Less than 10%
- Strong government support for the software industry
- Tax, training & education, software/high tech parks, etc.
Who already outsourced to Vietnam?
|
Intel, Microsoft, Nortel, Alcatel-Lucent, IBM, Oracle, Juniper Networks, Flextronics, Electronic Arts, France Telecom, Fujitsu, NTT, Hitachi, NEC, Canon, Renesas, Nidec |