Vietnam IT | Dirox IT Outsourcing

Outsourcing

"When looking at how Vietnam "stacks up", it becomes clear that Vietnam is an offshore outsourcing destination that is worthy of strong consideration. On all of the framework's metrics Vietnam scores very well." LogiGear Corporation

An Emerging Offshore Contender

Labor Costs

Lower than other Asian countries and Eastern European countries for ITO (Information Technology Outsourcing) and BPO (Business Process Outsourcing)

Government Policies

Pro-business
Improve intellectual property protections and enforcement
Member of the World Trade Organization

Workforce

80,000 IT graduates (increasing by 9000 per year)
83% of all graduates are science-based
Less than 5% turnover
English as a second language and many other languages spoken due to the large availability of language centers

A Strong and Robust Economy

Economic

Strong GDP growth has averaged 7.4% over the past six years
Strong foreign investment

Rank 2008	Rank 2007	Country	Change
1	4	Vietnam	+4
2	1	India	-1
3	2	Russia	-1

Sources: AtKEarney

Political

Over 30 years of political stability
No conflicts or tensions with neighboring or other countries since 1978

References: 1. Logigear 2. ATkearney