Technology is constantly developing, and companies need to keep up with the latest advancements to grow. Consequently, the demands for software development and IT services are increasing faster than ever before. As a result, the need for software development outsourcing has emerged. WHAT IS SOFTWARE DEVELOPMENT OUTSOURCING? Software development outsourcing is a business practice in which a company hires an external IT team or an external IT developer to help with technical aspects of a company and management processes. This third party will conduct specific tasks related to the software development requirements of the company. The third party can be within your own country, or it can be offshore. At Ascension 6, we offer outsourcing services, and we are in Vietnam. WHY VIETNAM IS THE BEST COUNTRY FOR SOFTWARE OUTSOURCING? Recently, Vietnam has become a popular option for companies looking for software development outsourcing services. Vietnam is home to many specialized IT developers offering competitive prices for their services. In addition, Vietnam is recognized as an Asia Tier 1 emerging-market location. Vietnam is also in the top 5 locations for outsourcing, according to Gartner’s Leading Global Locations for Offshore Services, 2016. For these reasons, many businesses are now choosing software development outsourcing from within Vietnam. Here are some important things to consider when outsourcing within Vietnam. Affordability The cost of living in Vietnam is significantly lower compared to developed countries, such as America, Australia, or Europe. The salaries that people earn in Vietnam, for both locals and foreigners may be lower than what you would expect in your home country but it is easy to live comfortably here with lower wages, due to the lower costs of living. Vietnam is becoming a preferred destination for many business owners looking to make investments. Young population It is estimated that about 60% of Vietnamese population is under 30 years old, so there are many people seeking jobs. In addition, the young generation are well educated, smart and highly motivated. They also are adaptable to new technology. Language Vietnamese uses the Latin alphabet, and it is easier for Vietnamese speakers to learn English. English is a compulsory subject at Vietnamese schools from primary school through to university. As a result, when Vietnamese students graduate from universities, they have a high proficiency in English. Most IT developers in Vietnam can communicate in English when working on software development outsourcing projects. Culture Although Vietnam has many cultural similarities with many countries in the East, such as China, Japan, Korea and Thailand, Vietnamese locals have also been exposed to many Western expats living in Vietnam. They have adopted many Western traditions and practices. Therefore, foreign people feel comfortable living here as there are many cultural similarities. Wrapping up Vietnam is fast becoming one of the leading countries that provide cutting-edge software development services. Vietnam is a great option if you are hoping to offshore your software development requirements. At Ascension 6 we provide quality software development outsourcing. Find out more information today by emailing [email protected].