There are thousands of offshore software development companies on Clutch or GoodFirms, but not many are suitable for your needs. According to a CIO magazine report, software outsourcing in Vietnam saves up to 90% of costs, compared with software development in the United States. Even better, when compared to India, software development in Vietnam is 1/3 to 1/7 times cheaper. In fact, outsourcing in Vietnam is being recognized as a cost-effective, high-quality offshore development solutions in Asia. Here we look at the factors that you have to consider why choose the most suitable offshore development firms in Vietnam. 

#1. Dedicated Workforce

The other important thing to consider when choosing the best offshore development firm is outsourcing dedicated developers. With a workforce at a young age and still highly capable of dedication, Vietnam confidently promotes education and development in the field of software technology. The Vietnamese Government is also investing heavily in the development of advanced technical skill sets such as AI and cybersecurity. Vietnam has gradually asserted its responsiveness to the technology industry in the world, becoming one of the most trusted offshore software outsourcing destinations.

Regarding Worldbank, Vietnam now is one of the most dynamic emerging countries in East Asia region. In Vietnam, technology is considered the main pillar of the economy (there are more than 250 higher-level institutions teaching I.T.). Therefore, each year, Vietnam sees more than 40,000 Vietnamese software experts graduate and join the workforce.

This figure represents a ~ 20% annual increase for an established software industry that exported $ 3.5 billion worth of software in 2018 and overall 7.1% GDP growth in the same period. It can be stated that Vietnam is now not merely a specialized technology country, but also a technology hub.

#2. Companies with Great Resources

It is essential to check the experience of your prospective offshore outsourcing company. You should also find out the technologies that the company specializes in and the tools used by it. In addition to this, you should also consider checking for relevant certifications before taking your final decision.

Some of companies good at Mobile app development technological skills but the others could top of custom software at a cheaper cost.

#3. Cost-Benefits

When we talk about outsourcing, we have to consider the cost and benefit. Most of the software development budget that we need to pay for goes to human resources, which means that in emerging countries, the operation cost is lower than financial cities such as New York, Frankfurt, Sydney or Singapore, where software development costs are lower. 

Among emerging countries, Vietnam is not only on the list of top software development services but also a place with competitive and efficient cost. In the opinion of Top software developers in Vietnam by Clutch Ranking 2020, there is 25 USD per hour if we compared with India, the Philippines or Indonesia.

Since the main goal of outsourcing is to reduce costs, countries with more competitive outsourcing costs will naturally have the upper hand when any business thinks about this option. Currently, the primary location for outsourcing in the world is India. However, if considered within the reasonable price range, hiring a Vietnamese developer costs 30% lower than an Indian developer. This is accompanied by products of equivalent high quality and capacity power is not inferior.

#4. Communication

Geographic differences such as timezone, culture, advanced development skills or experiences can make the process more efficient but at least we need clarity on how to communicate with each other as well as the methodology to make sure we are not deviating from the tasks. Therefore, it is good to outsource your developers from places with a workforce that understands English.

In the opinion of offshore software development, English is always a source of communication barrier. Countries in Southeast Asia, such as Vietnam should ensure that their people learn English. For Vietnamese people, learning English is relatively easy thanks to Vietnamese which uses the same Latin alphabet as English. Consequently, English has become the second most popular language in the country and most Vietnamese university graduates are fluent in English. Therefore, it can be said that most IT staff in Vietnam can communicate easily in English when working on outsourced projects.

#5. Safe Cities 

When you choose an offshore software development team, it means that you need to travel to their office. Therefore, the safer the country, the easier it is to make sure that things work out well.

Worldwide, there have been more than 20 million cases of COVID-19 and more than 733 thousand people have died from the disease. The US is the world's largest epidemic zone with nearly 5.2 million people getting sick, and with more than 165,000 deaths. The Centers for Disease Control and Prevention (CDC) predicts that by August 22, more than 173,000 Americans will die from COVID-19. In Southeast Asia, the Philippines has overtaken Indonesia, becoming the region's largest epidemic zone.

The successful control and prevention of the epidemic also partly show the role of leaders and the sense of protecting the health and care of the Vietnamese people. From there, it is easy to understand that the problems of violence or terrorism will be very difficult to find in this country, creating a solid premise for waves of investment into Vietnam.

Final Thoughts

According to an insight of Mobile App Development Life Cycle on Forbes, it is effortless to get lured by the polished portfolios of the outsourcing companies and make a decision hurriedly. Avoid doing this. Do some research about your prospective offshore outsourcing companies. Check their website and social media profiles and verify their credibility. You may also go through the reviews and ratings posted by their past clients. This will help you find the right offshore development firms in Vietnam and other places.