NEWS & EVENTS
Two Vietnam cities in the Top Emerging Global Outsourcing Cities
The report by Global Services & Tholons names Ho Chi Minh city among the top 5 and Ha Noi among the top 10 of year 2009 top 50 emerging global outsourcing cities.
Source: TholonsIBM Expands Presence in Vietnam
[May 22, 2009] IBM opened a new technology center and announced two research pacts with universities in Vietnam on Friday, saying it sees promise in the developing nation.
Read full article at [Source: PC World]KPMG selects Ho Chi Minh city as one of 'locations to watch' for next outsourcing boom
"... The need to develop new, cost effective, viable outsourcing locations has been highlighted by the economic events of the past few months. Companies are focused on reducing their cost base, both for short-term and long-term gain. As a result, more organizations are considering savings obtained through outsourcing parts of their operations. Most importantly, they should be convinced that by doing so, they are not sacrificing performance for the sake of cutting costs. Our location study aims to highlight the benefits brought by the different city choices available to them..." Edge Zarrella, Global Head of IT Advisory at KPMG.
Source: KPMGAMCC sees potential in Vietnam
"... Although still not in the same league as China and India in terms of investor spending, Vietnam has attracted attention from the likes of Intel, STMicroelectronics, Foxconn and Samsung. ...
"... If I compare Vietnam with the Philippines, Malaysia or Indonesia, I would say Vietnam is a rising star from an engineering design standpoint, not manufacturing..." Vu Nguyen, president of AMCC Vietnam and VP of engineering of AMCC.
Source: EE Times- Asia, 10/16/2008India, Vietnam Lead Asia's Chip Growth
"... The Indian semiconductor market is expected to reach US$9.8 billion in 2012, more than double that of US$4.1 billion in 2007, while Vietnam's semiconductor market, added Koh, will be worth US$6.6 billion in 2012."
Source: BusinessWeeks, 09/03/2008Vietnam's IT Way to Social Progress
"Lam Nguyen, Vietnam country director for research firm IDC, says Vietnam wants to become a regional offshore hub for outsourcing work"
Source: BusinessWeeks, 05/19/2008Vietnam: From Catfish to Computers
"Helped by Intel's new facility, the country is poised to become Southeast Asia's fastest-growing contract manufacturing hub"
Source: BusinessWeeks, 07/06/2007Politics & Economics: Vietnam Vies to Get In on Outsourcing - Talent Pool, Wages Let Nation Compete with China, India
"Foreign investors and the Vietnamese government are trying to push this emerging economy up the learning curve, nudging it into higher-tech and higher-margin businesses -- and winning commerce away from better-established countries."
Source: The Wall Street Journal, 05/29/2007 (subscription required)