Why Outsource To Vietnam?
Vietnam Offers Very Attractive Cost for Software Outsourcing
Labor cost in Vietnam is very favorable compared to other outsourcing destinations. Vietnam's salaries for both IT outsourcing and BPO are over 30% less expensive than India and 50% less expensive than Eastern Europe (source: NeoIT, 2006 and Ukrainian Hi-Tech Initiative, 2007).
Ho Chi Minh City, where IMT located, is also reported as one of the top outsourcing cities by Global Services – Tholons from 2007 to 2012; and NeoIT, 2006. In the reports, Ho Chi Minh City is scored among the lowest cost (scored 5/5, 5 is the best score) while well rated for IT application development and software testing services. AT Kearney rated Vietnam as one of the most financially attractive places in the world in its Global Services Location Index 2011 and 2014 reports. Vietnam was scored at 3.3, higher than other emerging locations like Philippines was scored 3.06 and Thailand at 3.01.
Towers Watson's "Services Offshore Ranking: A comparative analysis of emerging countries" (May 2013) ranked Vietnam as the most cost attractive location, while India and Philippines were ranked number 2 and 3 in term of cost.
Please refer to the following presentation for more information about Vietnam as an emerging destination for IT Outsourcing http://www.slideshare.net/imtsolutions/vietnam-an-emerging-destination-for-software-outsourcing