Vietnam is emerging as an attractive location for outsourcing due to its stable political environment, low costs, and young, well-educated workforce. It has a large talent pool of over 250,000 university graduates annually. Many large technology companies have already established facilities in Vietnam to take advantage of these benefits. The government also actively supports the growth of the outsourcing and high-tech industries through incentives.
1. Vietnam Outsourcing
Vietnam is in Top Ten of A.T. Kearney’s Global Services Location Index (2009, 2011)
Ho Chi Minh City on KPMG ‘locations to watch’ for next outsourcing boom
(KPMG Advisory, 2009)
Ho Chi Minh City the 5th of Top 50 Emerging Outsourcing Cities
(Global Services-Tholons, 2009)
One of the most stable and secure countries
Average annual GDP growth of 7-8% during the last 20 years
Young and well-educated population
60% of 87M population under 30
Literacy rate more than 90%
250+K university and college graduates per year
Large talent pool
50+K ICT graduates per year
Supply will continue to exceed demand for many years
Vietnam emerging as a high technology center
Investment by IBM, Intel, Nokia, Samsung, Renesas, Foxcon, Fujitsu, Canon…
to develop and manufacture high tech products
Quality
Only top resources are employed
Adoption of international quality standards: CMMI, ISO, TL 9000
Low attrition
Less than 10%
Strong government support
Tax, training and education, software and high tech parks, etc.
Who already outsourced to Vietnam?
Intel, Microsoft, Alcatel-Lucent, Siemens, Ericsson, IBM, HP, Oracle, Juniper Networks,
Flextronics, Amdocs, Electronic Arts, France Telecom, Nortel, Fujitsu, NTT, Hitachi, NEC,
Canon, Renesas, Nidec, Toshiba, etc.
Address : 111 Nguyen Dinh Chinh Street, Phu Nhuan District, Ho Chi Minh City, Vietnam
Tel : (84.8) 3990 3848 (Vietnam) (61) 414 734 277 (Australia)
Email : sales@tma.com.vn Website: www.tmasolutions.com