Vietnam has solidified its position in the global IT outsourcing industry, renowned for its favorable factors in socioeconomics, tech infrastructure, talents, and labour costs. Its growing reputation attracts tech-incentive finance companies to entrust their IT operations to the country.
Vietnam’s IT outsourcing sector has surged at 13.31% annually, poised to reach $881.90M by 2027. Kearny’s Global Service Location Index ranks Vietnam among the top 6 best locations for IT outsourcing, citing its favourable business environment, strong technology ecosystem, availability of a highly skilled IT workforce, and cost efficiency. This makes it a perfect choice for global enterprises, including Australian entrepreneurs, looking to establish digital hubs for software development, data analytics, and digital testing.
