Vietnam: A Global Hub for Great Tech Talent
Vietnam is fast gaining recognition as a destination for high-quality software development and other IT services. It has become an attractive option for companies to diversify their IT outsourcing on a global scale. There are about 70,000 digital technology companies operating in Vietnam, and the exports from this sector are estimated at US$136 billion in total.
It’s no wonder IT is among the key sectors to watch out for in the coming years, due to its significant contribution to Vietnam’s economic progress. Let’s explore the top reasons why Vietnam is becoming a major player in the IT industry, and what it has to offer for businesses and individuals looking to tap into its talent pool.
Strong government support
The Vietnamese government has implemented a number of initiatives to support the growth of the IT industry. Recently it approved the National Digital Transformation Program that will run through 2025 with a vision towards 2030. The program’s goal is to help expedite the digitalisation of activities in production, administration, and businesses. This also includes increasing internet access for online services to the general population and further expansion of IT infrastructure and software development.
The government also offers tax breaks and other incentives to encourage more companies to invest in their IT industry. Its proactive efforts to accelerate urbanisation has paved the way for technological advancements to thrive. To meet the increasing demand of IT talent, the government has also made significant investments in IT training programs to ensure a highly skilled IT workforce.
Priority in promoting IT training
Vietnam has made huge strides in IT education and training. Top universities in Ho Chi Minh City, Da Nang, and Hanoi produce highly skilled IT and software engineering graduates annually. Many of them are either recruited right away by global tech titans such as IBM, Samsung, HP, Fujitsu, Toshiba, and Intel, for example.
In terms of vocational training, many institutions in Vietnam provide IT training programs for individuals looking to develop their skills in specific areas such as programming, web development, and data analysis. These programs are typically short-term and aimed at providing students with practical skills that can be applied in the workforce.
Expanding their language proficiency
Having a high level of English proficiency is a key asset in the IT field, especially when dealing with foreign counterparts. As of 2022, Vietnam’s English Proficiency Index was ranked at #60 of 111 globally and #7 of 24 in Asia.
The country continues to make progress in this aspect with communication and language classes in English as part of the curriculum. Other languages are being taught as well in Vietnamese schools, such as Japanese, Chinese, French, Korean, Russian, French, and German. Expanding their multi-lingual skills gives them a competitive edge versus other IT professionals in the global community.
Updated on the latest tech innovations
According to a recent IT market report, software developers in Vietnam have a strong interest in pursuing careers in these top five industries: AI & Cloud engineering, Fintech, ECommerce, Cybersecurity, and Business Services/SaaS. In the same report, the following are the top five technologies that developers would want to work with or learn more about: DevOps, Cloud technologies, Big Data, Machine Learning, and Cybersecurity.
This is aligned with Forbes’ forecast on what are the top technologies in 2023, which includes AI, Cybersecurity, Blockchains, and The Future of the Internet. Given these trends, it’s a strong indication that Vietnam’s IT workforce is well-equipped with the skills, knowledge, and expertise to keep up with evolving IT innovations. Emerging technologies are also taught to students in university lectures, ensuring that Vietnam’s IT talent will never be left behind.
Plus points in personality, productivity, and efficiency
Vietnamese employees are known to be trustworthy, hardworking, conscientious, and responsible. Their high levels of professional and productivity standards make them ideal to work with, especially in the IT field. Strategically investing in IT talent from Vietnam will yield exceptional results with cost-efficient benefits.
Looking for IT talent sourcing consultancy in Vietnam?
If your organisation is struggling with recruiting high quality IT talent, The Talent Consultants is well-equipped with the resources and the expertise to help you. We are a recruitment agency in Ho Chi Minh City, the heart of Vietnam’s bustling tech hub. We provide junior-level to senior executive recruitment services for Vietnam’s top thriving industries: IT, Supply Chain, FMCG, and Manufacturing.
Get the best IT talent to work for your company. Contact us on +84 28 7309 7991 or book your free consultation here. We also invite job seekers to find employment opportunities at our job vacancies page or submit your CV here.