In the digital age of Industry 4.0, technology plays a vital role in driving business growth, ensuring market security, and creating new opportunities. The mobile app channel has proven to be a highly effective way of reaching new customers, particularly with the widespread use of smartphones. In recent years, Vietnam has emerged as a leading destination for IT and mobile app outsourcing, alongside established outsourcing hubs. This trend can be attributed to Vietnam’s cost-effectiveness, skilled workforce, language proficiency, and stable socioeconomic environment.
This analysis will explore the reasons why Vietnam is becoming a highly attractive outsourcing destination for mobile app development.
WHY IS MOBILE APP DEVELOPMENT OUTSOURCING IN VIETNAM?
1/ Saving cost
The United States, China, and India are regarded as technology and IT outsourcing leaders. In order to compete with them, Vietnam may build lower-cost products with global standards that will make it a more attractive option for any firm in the globe.
According to CIO magazine, labor in Vietnam is 90 percent less expensive than in the United States. Even 50% less expensive than China and 30% less costly than India. You may have wondered if a product’s low price indicates its poor quality. However, this does not happen in Vietnam. When outsourcing in Vietnam, you can still find reasonably priced mobile app development developers of good caliber.
Vietnam’s hourly rate for developers is between $20 to $40, which is significantly less than the $100 hourly rate in wealthy nations. This results in significant cost reductions for clients, particularly those from the United States and Western Europe.
2/ Strong investment in Technology Education
Noting the growing popularity of outsourcing mobile app development in Vietnam To fulfill the demand for human resources, the school system in Vietnam is investing in STEM-based courses (science, technology, engineering, and math skills). This foundation has brought together academics, organizations, and Vietnamese software companies in an effort to foster the expansion of Vietnam’s tech talent pool.
Universities are investing in and producing an increasing number of IT-related academic majors and courses, as well as lectures with practical applications. Numerous IT/mobile app development companies in Vietnam collaborate with educational institutions to give developers training facilities geared to expand their knowledge in their respective fields. Moreover, IT-specialized educational institutions are accessible to all individuals.
In order to secure the quantity and quality of the Vietnamese software industry, famous colleges in the world have also invested in Vietnam.
3/ The Socio-economic stability
Common outsourcing locations in the Asia-Pacific area are plagued by instability. As an illustration, consider the coup in Thailand or the conflict between Pakistan and India. Numerous governments encourage their residents to avoid travel to these nations, but thankfully, this is not the situation. Vietnam does not share these nations’ difficulties. In actuality, Vietnam fosters a welcoming atmosphere for enterprises that outsource.
Additionally, the economy of Vietnam has grown swiftly and continuously. Vietnam is a remarkable nation in that it has experienced two consecutive years of growth during the height of the global pandemic. This is beneficial in comparison to other prominent outsourcing nations.
4/ English proficiency
Language may be an essential factor to consider when choosing outsourcing partners. This barrier has been eliminated in Vietnam in recent years. Vietnamese shares the same Latin alphabet as English, making it substantially easier to learn. Second, in addition to Vietnamese as their native language, Vietnamese graduates are required to study a second language, often English. This positions Vietnam tenth in Asia in terms of English proficiency.
This also implies that the outsource team, whether a project manager, sales team, or software developer, has no difficulty communicating with clients/partners in English. Develop additional dialogue and comprehend the prerequisites for a successful product launch.
5/ Available Tech Stacks can be found in Vietnam for mobile development
Vietnam boasts a rich and capable IT talent pool that is equipped to handle diverse technology stacks and quickly adapt to new and advanced technologies. This abundant pool of talent meets the rising demand and complex nature of tasks in the IT industry.
Leveraging the local IT workforce is an accessible and practical option. Vietnamese workers are known for their eagerness to learn, quick adaptability, and natural curiosity, making them well-suited to stay ahead of new tech advancements such as Flutter, React Native, Kotlin, and more.
In addition to local talent, the foreign talent pool is a valuable resource for companies seeking IT personnel. In recent years, the “Digital Nomad” trend has drawn a significant number of tech and IT professionals to Vietnam due to its affordable cost of living. This pool of talent includes freelancers and remote workers from various companies, ranging from start-ups to large corporations located across the globe, from Tokyo to London and Silicon Valley.
CONCLUSION
For a growing number of companies, outsourcing mobile app development services is becoming a critical business strategy. Mobile apps and software for handheld and mobile devices offer significant potential for increased revenue and productivity. This is where Vietnamese mobile application developers excel.
Beyond the development of the app itself, Vietnamese software companies offer a full suite of services, including UX/UI design, customer engagement to enhance the user experience, and post-launch support and maintenance. Vietnam has established itself as a premier destination for mobile app development outsourcing, thanks to its comprehensive services and cost-effective solutions, setting it apart from other competitors in the industry.
HOW CAN VNBG ASSIST YOU?
VNBG is a consulting firm that offers a comprehensive range of legal and human resource management services to support your entry into the Vietnamese market. We also specialize in outsourcing mobile app development services, providing expertise in conceptualization, UX/UI design, and back-end and front-end development and implementation.
As a dependable product partner, we are committed to delivering professional, efficient, and cost-effective mobile app development solutions to meet your unique needs and requirements. Our expertise and commitment to excellence make us an ideal choice for companies seeking to develop a mobile app in a timely and cost-effective manner.
