6 Leading Software Outsourcing Companies in Vietnam You Should Know

In recent years, Vietnam has become a leading hub for software outsourcing. The country's booming outsourcing sector and competitive pricing have drawn international firms seeking skilled tech talent.

However, selecting the right software outsourcing company in Vietnam can be complex if you are among the newcomers. But don’t worry, we got your back! Our guide will provide you with great details of software outsourcing in Vietnam, highlights of partnering with Vietnamese firms, and key advantages that make Vietnam an attractive choice for outsourcing software development.

Just before we delve into Vietnam's most astonishing outsourcing companies, let’s take a look at their various forms of operating for a better overview.

Project-based outsourcing

Project-based outsourcing involves delegating the full development of a specific software project to an external vendor or team. This method is ideal for companies with clear project requirements, deadlines, and budgets. In this approach, the outsourcing partner, such as a software outsourcing company in Vietnam, handles the project’s scope, schedule, and cost. It provides flexibility, scalability, and cost-efficiency, enabling businesses to focus on core activities while leveraging external expertise.

Staff augmentation

Staff augmentation is the practice of outsourcing particular roles or skills to enhance an organization’s existing team. Rather than outsourcing an entire project, companies engage external resources temporarily to address skill gaps, resource shortages, or peak workloads. This approach, often utilized by software outsourcing services, offers flexibility, control, and cost savings compared to hiring permanent employees.

Offshore development centers (ODCs)

Offshore Development Centers (ODCs) are specialized facilities established in offshore locations to handle software development activities. An ODC operates as an extension of the client’s team, providing skilled resources, infrastructure, and technical capabilities. By setting up ODCs in countries like Vietnam, known for its favorable labor costs and talent pool, companies can achieve cost savings and operational efficiency. ODCs facilitate long-term partnerships, allowing businesses to maintain control over development and benefit from economies of scale.

This is our top list of Vietnam’s software outsourcing companies.

TMA Solutions

TMA Solutions stands out as a leading Vietnam software outsourcing company. Choosing TMA Solutions as your software outsourcing company in Vietnam offers numerous advantages that ensure your projects' success. With over 27 years of industry experience, TMA Solutions has established itself as a leading provider of software development, IT consulting, and digital transformation services. The company boasts a proven track record of thousands of successful projects across various industries, including Finance, Healthcare, Telecom, Retail, E-commerce and more.

TMA Solutions is renowned for its highly skilled workforce, composed of talented engineers and IT professionals who are committed to delivering high-quality, innovative solutions. The company’s emphasis on continuous improvement and adherence to international standards such as CMMI and ISO ensures that your projects are handled with the utmost professionalism and expertise.

One of the key strengths of TMA Solutions is its customer-centric approach. The company works closely with clients to understand their specific needs and tailor solutions that align with their business objectives. This collaborative approach fosters strong partnerships and ensures that clients receive personalized, effective solutions.

Additionally, TMA Solutions' competitive pricing, coupled with its commitment to excellence and customer satisfaction, makes it a strategic and cost-effective choice for businesses seeking reliable and high-quality IT services. By partnering with TMA Solutions, you gain access to a trusted ally dedicated to driving your business success through innovative technology solutions.

Information:

• Headquarter: 111 Nguyen Dinh Chinh Street, Ward 15, Phu Nhuan District, Ho Chi Minh City, Vietnam
• Established Year: 1997
• Company size: 4000+ employees and 6 branches all over the world
• Awards:
• Gold Medal for Software Export and Top ICT Companies from HCMC Computer Associations (2004-2022)
• Top 15 Global Companies with "Offshore Software Outsourcing Best Practices" - Aberdeen Group 2022
• Top 10 Software Outsourcing and IT Services Enterprises (VINASA, 2023)
• Top 10 Fintech/Healthtech/Smart City Companies (VINASA, 2023)
• Top 10 AI & IoT Enterprises (VINASA, 2023)

CMC Global

CMC is a premier software company in Vietnam renowned for its comprehensive technology solutions and exceptional software development services. With over two decades of experience, CMC stands out as a leading player in the Vietnam software outsourcing industry, providing innovative and reliable solutions across various sectors including finance, telecommunications, healthcare, and more.

The company boasts a talented team of professionals equipped to handle diverse IT challenges, from custom software development to cloud solutions and IT infrastructure management. CMC's commitment to quality and excellence is reflected in its adherence to international standards and certifications, ensuring that clients receive cutting-edge, scalable solutions tailored to their specific needs.

Information:

• Headquarter: 7-10 floor, CMC Tower, 11 Duy Tan Street, Dich Vong Hau Ward, Cau Giay District, Hanoi, Vietnam
• Established Year: 2017
• Company size: 2200+ employees and 6 branches all over the world
• Awards: Double Globe® Awards in the 19th Annual 2024 Globee® Awards for Technology

FPT Software

FPT Software, a key subsidiary of FPT Corporation, stands out as a global leader in software outsourcing services and IT solutions. Based in Vietnam, FPT Software generates approximately US$1.6 billion in revenue and employs around 41,000 professionals across 29 countries. Renowned for its digital transformation expertise, the company excels in areas such as smart factories, digital platforms, RPA, AI, IoT, enterprise mobility, digital product development, cloud computing, AR/VR, and business applications.

FPT Software serves over 1,000 clients globally, including 85 Fortune Global 500 companies, across diverse sectors such as Aerospace & Aviation, Manufacturing & Automotive, Banking, Finance & Insurance, Logistics & Transportation, Healthcare & Life Sciences, Retail, Utilities & Energy, and more. As a leading software outsourcing company in Vietnam, FPT Software is committed to delivering innovative and scalable solutions, reinforcing its position as a top player in the outsourcing industry.

Information:

• Headquarter: FPT Tower, No.10 Pham Van Bach Street, Dich Vong Ward, Cau Giay District, Hanoi, Vietnam
• Established Year: 1999
• Company size: 42000+ employees and 81 branches all over the world
• Awards: 
• Healthcare Asia Medtech Awards 2024
• Sao Khue 2024
• Asia Pacific Stevie Awards 2024

KMS Technology Vietnam

As a prominent software outsourcing company in Vietnam, KMS Technology leverages its experience in launching successful software products to understand and meet the diverse needs of its clients. This expertise positions KMS Technology as a top software outsourcing company and a trusted partner for businesses seeking efficient and effective Vietnam software outsourcing solutions.

Offering a broad range of software outsourcing services, including software engineering, generative AI, Salesforce development, application modernization, and technical assessments, KMS Technology excels in delivering tailored solutions. The company’s robust infrastructure and strategic client relationship models are designed to optimize product quality and minimize time-to-market.

Information:

• Headquarters: 123 Cong Hoa Street, Ward 12, Tan Binh District, Ho Chi Minh City, Vietnam
• Established Year: 2009
• Company size: 1000+ employees
• Awards;
• Top software developer 2022 - By Clutch
• Top 10 ICT Vietnam 2020
• Sao Khue Award 2019

Amaris

Amaris is an independent technology consulting firm that offers expert guidance and solutions to businesses worldwide. With a team of over 7,600 professionals spread across 5 continents and more than 60 countries, Amaris Consulting is well-positioned to deliver high-quality services globally.

Serving over 1,000 clients, the firm has been delivering impactful solutions on major projects for over a decade. Its expertise spans various sectors, including financial services, transportation, healthcare, and especially technology.

Information:

• Address: 15th Floor, Viettel Building, 285 Cach Mang Thang 8, Ward 12, District 10, Ho Chi Minh City
• Established Year: 2016
• Company size: 7500+ employees and 60+ branches all over the world

Rikkeisoft

Rikkeisoft offers a comprehensive range of software services and solutions to clients across the globe. Their expertise spans various domains, including Web and Cloud Systems, Mobile Applications, Games, Blockchain, AI, IoT, Business Process Management, and Embedded Systems. Established in 2012, Rikkeisoft has grown significantly over the past eight years, expanding its presence with three branches across Vietnam and three affiliated companies.

Looking ahead, their ambitious vision is to employ 10,000 individuals by 2025, positioning themselves as one of the leading Vietnamese software development companies in Southeast Asia. Rikkeisoft’s dedication to excellence and forward-thinking approach aims to solidify their reputation as a top player in the region's software industry.

Information:

• Headquarter: 21st Floor, Handico Tower, Pham Hung St., Nam Tu Liem District Hanoi, Vietnam
• Established Year: 2012
• Company size: 1600+ employees and 9 branches all over the world
• Awards:
• Top 10 Outstanding Digital Technology Enterprises
• Bronze Stevie Awards for International Business Expansion Achievement 2023

Rapid growth of Vietnam's IT sector

Vietnam’s IT sector has grown rapidly, with the software outsourcing industry playing a key role in economic expansion. By 2024, the industry is projected to generate over $12 billion in revenue. This growth is fueled by a vibrant ecosystem of tech startups and established firms, positioning Vietnam as a hub for innovative software solutions. 

The country’s emergence as a leading software outsourcing destination has attracted global businesses seeking high-quality, cost-effective development services. This robust growth trajectory underscores Vietnam's growing influence in the software outsourcing market, providing a strong foundation for companies looking to leverage top-notch services.

Abundant IT talent pool

The IT workforce in Vietnam is proving to be a significant and formidable force on the international stage. According to Vietnam IT Market Report 2023 by topDev, the current IT labor force of Vietnam market is around 530,000 individuals. Annually, more than 57,000 students graduate from over 300 universities and IT training centers, including prestigious institutions like Hanoi University of Science and Technology, Vietnam National University, and FPT University.

Partnering with a top software outsourcing company in Vietnam ensures access to this highly skilled workforce, ready to deliver quality solutions tailored to your specific requirements. The abundance of talent helps maintain high standards and innovation in software development projects.

Proficiency in languages 

The language proficiency of IT professionals in Vietnam is a key factor in the industry's growth and global integration. With over 80% of IT workers having intermediate to advanced English skills, they can effectively communicate with international clients, understand technical documents, and participate in global projects. 

Many Vietnamese IT companies also invest in language training, partnering with English centers or offering in-house courses to enhance proficiency. Additionally, some IT professionals learn Japanese and Korean to work on projects with partners from Japan and South Korea, highlighting the strategic importance of these markets. This multilingual capability not only expands job opportunities but also reinforces Vietnam's position as a competitive player in the global IT outsourcing industry.

Cost efficiency

Cost efficiency is a major advantage when partnering with a Vietnam software outsourcing company. For instance,fresh graduates in Vietnam have an average monthly salary of $435 to $514, while Junior and Middle-level developers earn between $600 and $1,500 per month. In contrast, U.S. software developers can earn $7,000 to $10,000 per month, making Vietnam a cost-effective alternative. 

Additionally, Vietnam ranks favorably in terms of internet infrastructure costs, with average monthly internet expenses at $11.27 and broadband costs at $12.4, much lower than in neighboring countries like Thailand ($25.9), Indonesia ($32.5), Malaysia ($34.9), and the Philippines ($51.1).

Supportive government policies for IT companies

The Vietnamese government has implemented a range of supportive policies to foster the growth and development of the IT sector, for example:

• National Digital Transformation Program: Launched in June 2020, aiming to accelerate digital transformation across sectors and position Vietnam among the top 50 countries in e-government by 2030.
• National Program for Supporting an Innovative Startup Ecosystem (Project 844): Provides funding, mentorship, and incubation programs until 2025 to foster innovation and support startups.
• Education Initiatives: Modernizes the curriculum, promotes STEM education, and encourages collaborations between universities and IT companies for practical training and internships.
• Foreign Investment Incentives: Offers tax breaks, reduced land lease fees, and streamlined administrative procedures to attract international IT companies.
• Digital Infrastructure Development: Invests in high-speed internet and 5G networks to support the IT industry.
• Cybersecurity Law (2018): Ensures a secure online environment by mandating stringent security standards for businesses.

These comprehensive policies underscore the government’s commitment to transforming Vietnam into a leading IT hub in the region.

Resource availability and capability

A good IT outsourcing partner in Vietnam needs the right people and tools. This means they should have enough staff and resources to finish your project on time and without overspending.

To check if they're a good fit, ask about their development process, hiring practices, and delivery methods. Also, make sure they have the technology and equipment to handle your project's specific needs.

Experience and skill set

When building custom software, a company's experience is crucial. Look for a team with a strong track record handling complex projects. Make sure they're skilled in the specific programming languages or platforms you need.

To evaluate potential partners, check out their past work (portfolio and case studies). Also, research their reputation by reading reviews or talking to other clients.

Cultural compatibility and operational methods

Cultural compatibility and operational methods are important factors in selecting software development services in Vietnam. If your company and the outsourcing partner have different ways of working or company cultures, it can cause communication problems and hurt project performance. To avoid these issues, carefully choose an outsourcing partner that aligns with your company.

Cost-effectiveness

Cost is a big deal when hiring a software outsourcing company in Vietnam or anywhere else. It's smart to get quotes from several different companies so you can compare prices. But don't just pick the cheapest option. Make sure you're getting good value for your money. Remember, outsourcing can be expensive, but it can also save you money in the long run. So, find a balance between price and quality.

You now have our comprehensive suggestions and recommendations for selecting the best software outsourcing company in Vietnam. We trust that the insights and details we’ve provided will guide you in making an informed decision. Our aim is to help you find the right partner that aligns with your project needs, ensuring you benefit from Vietnam’s thriving outsourcing sector. Should you have any more questions or need further assistance, feel free to reach out.