Vietnam automotive software engineers' number falls short of market demand

There is a shortage of Vietnam automotive software engineers in the market.

Source: TMA Solutions

Vietnam automotive software industry expects to see robust growth from 2020 to 2026. However, it is reported that the country is lacking of human resources to meet the market need.

According to Prof Dr Ho Tu Bao of the Vietnam Institute for Advanced Study in Mathematics, the automotive software industry has huge demand for engineers who can apply artificial intelligence (AI). Despite 51,114 IT students graduating from universities every year, Vietnam automotive software engineers’s number is still falling short of market demand.

The government is trying to solve the problem by investing more on Vietnam’s digital transformation. The annual revenue invested of Vietnam in digitization and automation is reported to be 2-3 times higher than the worlds’ average. That revenue will be divided in R&D, manufacturing, and mostly prioritised, training.

There are 149 universities, 412 colleges that train Information Technology in the country, most of which partner up with well-known tech enterprises (both domestically and globally) to improve and advance their training programs. Also, it is suggested that universities should even open courses for engineers who want to improve themselves. This offers students opportunities to exchange knowledge, experience with experts, scholars, who have been in the industry long enough.

Rightful investment and effort into IT training help tackle the problem of human resources at the moment. Abundant and well-trained automotive software engineers will be the key to drive Vietnam through the rapid growth of its automotive software industry.

About us: 

TMA Solutions was established in 1997 to provide quality software outsourcing services to leading companies worldwide. We are one of the largest software outsourcing companies in Vietnam with 2,600 engineers. Our engineering team was selected from a large pool of Vietnam IT resources; they are well-trained and have successfully completed many large and complex projects. Please visit us: https://www.tmasolutions.com/

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Promising future for Vietnam automotive software industry

Automotive software industry in Vietnam expects to see huge growth in the next 10 years.

Source: Commnunity.arm

Automotive software industry is the industry in which software is used to control function and enhance performance of the device. Technology advancement is reported to help the global automotive market see robust growth from 2020 to 2026. Vietnam’s automotive software industry development will be in line with the global one.

With sales of light vehicles growing from about 95 million to over 106 million, Vietnam Automotive is expected to experience strong growth between 2019 and 2025. Vietnam automotive market outlook report carried out in 2019 states that the country is among top 5 Asia nations in terms of fast growing automotive industry.

This is resulted from that up to now, the country has taken good advantages of its self-resources, coming from abundant labor supply, R&D activities to geographic benefit and government assistance.

As for authority support, Vietnam government has made it clear that automotive sector will be one of the country’s main source of revenue, as well as promotes the flow of FDIs in the automotive industry. Also, the government has prioritized to attract more FDIs flow into domestic automotive industry. Foreign manufacturers plan to expand their production based in Vietnam.

Meanwhile, Vietnam automotive software companies, as the ones at the national front, plays important role in making the country become one of the region's most promising and fast-growing markets for automobiles. As for now, domestic technology companies has continuously adapted trends to improve their performance and services.

The field’s trends in this year continue to focus on platform-based services, improved products for electrification, and introducing automation at almost every level. Innovative technology is required in this next phase of automotive software industry development. Vietnam automotive software companies take innovation as an important key, as they know without enough cutting-edge solutions, this can restrict automotive market growth in the foreseeable future.

About us: 

TMA Solutions was established in 1997 to provide quality software outsourcing services to leading companies worldwide. We are one of the largest software outsourcing companies in Vietnam with 2,600 engineers. Our engineering team was selected from a large pool of Vietnam IT resources; they are well-trained and have successfully completed many large and complex projects. Please visit us: https://www.tmasolutions.com/

Read More