Top 11 Offshore Software Development Companies in Vietnam 2024
Top 11 offshore software development Vietnam companies 2024: Adamo Software, NashTech, Saigon Technology, FPT Software, KMS Solution, ...
Offshore software development has become increasingly popular in recent years, and the numbers speak volumes. In just three decades, the IT outsourcing market has skyrocketed from $9 billion in 1989 to a whopping $460.10 billion in 2023.
Look at these stats:
_ 66% of US companies delegate at least one business process overseas.
_ An astounding 92% of the top 2000 public companies rely on IT outsourcing for their daily operations.
_ Around 54% of companies worldwide collaborate with offshore teams to better connect with their customers.
With the high demand for offshore IT support teams, Vietnam has risen as a prime destination for offshore software development, boasting a plentiful workforce, attractive service offerings, and niche technical skills.
However, offshore outsourcing isn't without its complexities. It carries both pros and cons that require careful consideration.
Every decision you make involves both time and money. Dive into this article of “Top 11 Offshore Software Development Companies in Vietnam 2024” to gain insights and make informed decisions.
I. What is Offshore Software Development?
Offshore development means passing a project (wholly or partly) from a client to a third-party software development provider.
But here’s the catch: if you plan to outsource the entire project, it's better to collaborate with a software development company, not a freelancer. Here's why: while a freelancer may excel in specific areas like mobile app or web development, creating something like a mobile app requires a team including a skilled UX/UI designer, QA engineer, and software developer. Offshoring presents an excellent opportunity to find such a team for collaboration.
Offshore software development involves working with an IT provider located far away from your region, such as in central Europe or Asia. These regions are popular outsourcing hubs, offering flexibility, competitive pricing, and a large pool of skilled labor. Vietnam stands out as an ideal destination for such endeavors.
You can also delegate the task of creating software and managing the development team, while also gaining access to a wide range of talent and technology globally thanks to offshoring.
However, there are certain things to consider when offshoring a project. Due to the geographical distance between you and your offshore IT partner, there may be significant time zone differences, language and cultural barriers. However, these challenges can be overcome with careful consideration and selection of a reliable software outsourcing partner backed by positive reviews and ranks.
II. What Services Can Be Offered by Offshore Software Development Companies in Vietnam
Offshore software development companies in Vietnam offers numerous undeniable advantages for companies, such as flexible pricing, access to a diverse talent pool, scalability, and more. The range of tech-related services that can be outsourced is extensive:
_ Mobile app development: Skilled professionals can help you with mobile app development as they can create high-quality applications in the shortest time.
_ Web development: Companies can outsource web development to create or improve online presence with a user-friendly website that meets modern standards and user expectations.
_ UX/UI design: Outsourcing UX/UI design helps you to craft visually appealing. High skilled designers create intuitive interfaces for your digital products, while enhancing user satisfaction and driving engagement.
_ Dedicated development team: A dedicated development team provides you with access to a committed group of professionals who work exclusively on your projects, ensuring consistent progress and timely delivery.
Besides, you can outsource customer service, security, data storage, and software product maintenance.
III. Top 11 Offshore Software Development Companies in Vietnam
1. Adamo Software
Adamo Software is a premier mid-sized software development company based in Vietnam. They offer a wide range of cutting-edge software development services to help enterprises gain a competitive edge while achieving positive ROIs. With over 120+ successful projects worldwide, Adamo Software has worked with companies like Air Canada, MadeComfy, Magpie Travel, MMK, and others.
They mainly focus on industries such as Travel & Hospitality, Digital Healthcare, Fintech Solutions, Media and Entertainment, and eCommerce.
Main service lines:
_ Mobile app development
_ Web app development
_ DevOps Consulting
_ Dedicated development team
_ AI development services
_ Blockchain solutions
Adamo Software has also achieved several notable milestones and received recognition for their expertise and professionalism
_ Sao Khue Award: for leading IT outsourcing companies in Vietnam
_ ISO 9001:2015 certification: for their quality management system.
_ ISO 27001 certification: for their information security management system.
_ Recognition by Clutch, GoodFirms, and the Manifest as a top offshore software development company in Vietnam
As Adamo Software's commitment to delivering high-quality solutions and staying at the forefront of the industry, their clients can benefit from their extensive knowledge of the market, advanced technical skills, a delivery model focused on quality, and a deep understanding of the latest technological trends.
2. NashTech
NashTech, a division of Nash Squared, operates within the IT outsourcing sector across seven locations in Vietnam, the UK, and the United States. With nearly two decades of industry expertise, NashTech offers a diverse array of IT services and solutions to a global clientele.
They deliver robust offshore software development services such as application integration, quality assurance and testing, cloud computing, data analytics, and digital transformation. NashTech prioritizes cultivating a dynamic workforce and fostering an enriching work environment. Their portfolio spans various sectors including education, finance, media & entertainment, real estate, and healthcare.
3. Saigon Technology
Established in 2010, Saigon Technology has been providing a spectrum of offshore software development services to clients worldwide, including the USA, Australia, Singapore, and Canada. Saigon Technology is recognized among the top 11 offshore software development companies in Vietnam. Boasting 8 years of industry experience with a team of skilled software engineers, the company stands as a reputable Agile software outsourcing entity in Vietnam.
Its clientele spans Europe, Singapore, the United States, Australia, and North America, drawn by the expertise in various technologies and programming languages like PHP, microservices, .NET Core, ReactJS, AWS, Java, and machine learning.
4. FPT Software
FPT Software ranks among Vietnam's leading offshore software development companies in Vietnam, boasting a workforce of over 32,000 professionals. They offer an extensive array of services ranging from Digital platforms and RPA to AI, smart cities, IoT, Cloud, AR/VR, enterprise mobilization, managed services, business applications, application services, testing, and platform modernization.
FPT Software is deeply integrated into various sectors. As part of the renowned FPT Group, this company has a well-known presence across diverse industries, from technology services and education to retail.
5. KMS Solution
KMS Technology specializes in offshore software and app development, testing devices, and consulting services. With a focus on customer-centric solutions, KMS accelerates the delivery of innovative products, so that they can reach the market faster while concentrating on core business objectives.
Their products and services are designed to focus on both local and international clients. KMS Technology operates across four offices in Vietnam, offering services such as application modernization, cloud migration, DevOps, mobile app development, new product creation, and software testing.
6. Orient Software
Orient Software was founded in 2005, delivering high-quality software development services to SMBs and corporations, facilitating their digital transformation and achieving business objectives expediently.
Specializing in custom software development, database development, mobile & web application development, and cloud & DevOps solutions, Orient Software serves enterprises of all sizes, leveraging top-notch technology solutions.
7. CMC Global
CMC Global, a subsidiary of CMC Corporation, is another prominent offshore software development Vietnam company offering IT infrastructure solutions, digital transformation, system integration, and more.
Established in 1993, CMC Global stands as one of Vietnam's oldest offshore software development firms with a workforce of over 3,500 professionals. Known for its technological prowess and commitment to innovation, the company serves clients across diverse industries, both locally and internationally.
8. TMA Solutions
TMA Solution was established in 1997. They are one of Vietnam's longest-standing offshore software development companies in Vietnam. Operating across six offices worldwide, including the USA, Canada, Germany, Japan, Australia, Singapore, and its headquarters in Vietnam, TMA Solutions has a team of skilled IT experts dedicated to delivering comprehensive IT solutions and services to global clients.
9. Beetsoft Co LTD
Beetsoft Co., a company with over six years of experience and more than 500 members, specializes in IT outsourcing and consulting, BPO, annotation, and offers a wide range of services including mobile app and web development, game development, VR, AR, MR, and AI solutions.
They have recently shifted their focus towards the healthcare, manufacturing, and financial sectors. With their extensive expertise and experience in various programming languages and frameworks, Beetsoft Co. has the ability to form strong and capable teams of developers.
10. LogiGear Vietnam
Established in 2005, LogiGear Vietnam specializes in software testing and development, having completed thousands of projects for global clients.
They offer IT and software outsourcing services such as quality assurance, Salesforce consulting, and business operation solutions. Their team of 700+ engineers in the US and Vietnam ensures scalability and reliability for clients worldwide.
11. TP&P Technology
TP&P Technology is among Vietnam's top offshore software development Vietnam companies, providing end-to-end software product development solutions.
With a team of highly qualified programmers and IT professionals in Vietnam and abroad, TP&P Technology offers a wide range of services, including business and digital transformation, custom software development, business solutions consulting, and cybersecurity expertise.
V. Cost Components of Hiring Offshore Software Development Vietnam Companies
When determining an offshore software outsourcing team, there are several cost components to take into account.
_Training and hiring: In some cases, you must train talented professionals for your offshore team to understand your scope of work.
_ Development: Development is the core activities involved in software development, including coding, designing, and testing, ...
_ Project management: Effective project management ensures smooth coordination and timely delivery of tasks, requiring investment in tools, resources, and personnel.
_ Quality assurance: Make sure that the quality of the software requires dedicated testing and quality assurance efforts
_ Auxiliary costs: Additional expenses like communication tools, licensing fees, ...
_ Service costs: Fees associated with specific services or technologies during the development process: cloud computing or specialized software, ...
_ Infrastructure costs: Often includes hardware, software, and network infrastructure, ...
When considering how to partner with the best offshore development Vietnam companies, it's also essential to be aware of potential challenges and pitfalls that may arise.
IV. Why Choose Vietnam for Your Offshore Software Development
Forbes has aptly described Vietnam as "a small but mighty country," and it's no coincidence that it has become one of the top ideal destinations for offshore software development. Instead of solely focusing on hosting world conferences, Vietnam is actively building a solid foundation for successful technology.
1. Competitive Labour Cost
One of the main goals of outsourcing is cost reduction, and Vietnam excels in offering highly competitive outsourcing costs. Offshore software development companies in Vietnam are known for having a wealth of talented professionals. Not only do these companies boast exceptional talent, but they also offer some of the lowest prices compared to countries like Canada, the US, Switzerland, Sweden, UAE, Australia, and European countries. Vietnam has invested in infrastructure and established a supportive education system, enabling the country to channel highly enthusiastic IT talent.
As reported by Marketsinsider, Vietnam is ranked 5th among the "Best countries to outsource to in the World in 2019" and 2nd among the "Top 8 IT Outsourcing Countries" in 2022, as stated by Lotus-qa.com, which refers to it as the "The next Silicon Valley in Southeast Asia."
Vietnam also has one of the highest English proficiency levels in the region, making it easy for developers to collaborate with international companies. While India is currently the primary location for outsourcing worldwide, Vietnam offers a compelling alternative. Vietnamese developers can deliver high-quality products with a cost that is 30% lower than that of Indian developers. Vietnam's competitive pricing coupled with its commitment to quality make it a rising star in the software development outsourcing industry.
2. Pool of Talented Professionals in IT firms
Vietnam has made significant efforts to enhance the expertise of its workforce in the IT industry by establishing educational institutions for engineers. The government has also prioritized the spiritual and educational development of young individuals, leading to the emergence of numerous teams comprising young and dynamic mobile and web application developers in the country.
What’s more, in Vietnam, 153 colleges and universities produce a significant number of IT graduates, totaling over 530,000 . The people se graduates specialize in IT development and software engineering.
3. Stable Economic and Politic
Vietnam has a stable economic and politic, setting it apart from neighboring countries in the region. The Vietnamese government actively promotes economic activities and provides various forms of assistance, including financial aid, reduced land leasing costs, and other incentives, to local IT companies.
More insights on Vietnam software outsourcing market: statistics and trends.
VI. Final Thoughts
There are now many companies offering offshore software development services. However, it can be challenging to determine which companies are trustworthy.
To assist you in making an informed decision, we have compiled a list of top 11 offshore software development companies in Vietnam. These companies have been evaluated based on their expertise and outstanding work in software development. Whether you are looking for cost-effective solutions, specialized expertise, or high-quality services, these IT outsourcing companies are sure to deliver.
Parameters to consider when choosing the right offshore software development companies in Vietnam.
When choosing IT outsourcing companies, there are several parameters you can consider:
_ Client satisfaction ratings
_ Company portfolio
_ Third-party websites: Websites like Glassdoor, Clutch, provide ratings and reviews of outsourcing companies.
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