Vietnam has a population of over 90 million people and over 60% of the population is under 30 years of age. The young generation of skilled workers is highly motivated and technologically advanced. This dynamic generation provides a great pool of skilled software developers required to meet the growing demand of offshore development. Each year more than 25,000 technical engineers graduate from the universities. Young Vietnamese with better education have already overcome the English language barrier that was believed as a weakness earlier. These are few of the reasons that make Vietnamese one of the best communities that’s globally competitive and technically advanced.
With a robust economy, that has an unbelievable growth rate; Vietnam is considered to be a dynamic nation with great outsourcing potential. With a stable and secure government, it is now considered as a legitimate nation under one roof. In an international survey taken in 2002, Vietnam was the safest country to travel in Asia. Government of Vietnam is promoting its economy for more foreign investment. It offers great incentives in the IT industry in order to capitalize on globalization.
Companies have started to capitalize this great opportunity of outsourcing to Vietnam with low cost and exceptional quality. Vietnam is on its way to write a new chapter in the history of outsourcing software development. The world will be watching this new revolution in offshore development happening in Vietnam. As an emerging software outsourcing destination, Vietnam will be a perfect fit for companies looking for a technological advance without having to spend a lot of money.