Vietnam ICT market

A report about the Vietnam ICT market, published by the Canadian Trade Commissioner Service in March 2012, describes Vietnam as an attractive software outsourcing destination for Canadian companies.  TMA Solutions is listed in the report as one of the largest Vietnam IT outsourcing providers.

Many indexes have shown the Vietnam ICT industry’s dramatic development over recent years.  The improvement is a result of better infrastructure, availability of devices and telecommunications, as well as human resources. While the low-cost advantage is well understood by Canadian companies,  the report also notes that the quality of human resources is high among Vietnam offshore software company. Vietnam software developers are intelligent, good at math, and hard-working.

Two other main reasons discussed in the report that make Vietnam IT outsourcing companies attractive are the strategic location of Vietnam in Southeast Asia and its population size.  These factors have helped attract global ICT and electronics manufacturing giants such as Samsung, Foxconn, Intel, NEC, Canon, and Hitachi, and many others.

One recommendation for Canadian companies who are setting up outsourcing projects with Vietnam IT outsourcing companies is to plan on sending a few talented staff to go overseas for training.  This is a common practice and helps create a more successful project.  Upon returning home, the individuals work with staff to develop their skills and pass on the knowledge 

In such a fast-growing ICT market, TMA Solutions is listed as one of largest Vietnam offshore software companies, with competencies being built around three pillars: telecom, business applications and mobile applications development. With over 18 years of experience in R&D software outsourcing, TMA has been able to win contracts from international customers such as Avaya, IBM, Nortel, Alcatel-Lucent, NTT, Toshiba, Telus, and NEC. The company has offices in Canada, Europe, US, Japan, and Australia, and has been witnessing an impressive growth rate of over 50% through years of operation.

Source: http://www.enterprisecanadanetwork.ca/_uploads/resources/The-Information-and-Communications-Technology-Market-in-Vietnam.pdf