HO CHI MINH CITY, Vietnam--(BUSINESS WIRE)--Saigon Technology has been assisting numerous businesses and developing startups throughout the world by offering suitable-cost, top-notch offshore software development outsourcing firms in Vietnam. Vietnam is a nation with a lot of potential for growing software development services, both for Asia and for other countries. Vietnam boasts a vast spectrum of software engineers specialized in many different programming languages, with various working attitudes and talents, thanks to the abundant people resources situated in the golden working era.
And, particularly for the Australian market, when it comes to software development outsourcing, Vietnam is seen as a suitable location, due in part to the two nations' relatively close time zones and topography. Along with the factors that make Vietnam an appealing choice, the following are the in-depth guidelines from Saigon Technology for Vietnam software development outsourcing for the Australian market.
Overview of the IT sector in Vietnam
To host global firms like IBM, Samsung, Microsoft, and Nokia in Vietnam, this country has made a five-place leap in rankings. According to Vietnam Briefing, there are around 56 million individuals in Vietnam's labor market, which has a workforce participation rate of 76%.
Job vacancies in IT are still in high demand despite the Covid outbreak, according to career service centers in HCMC and Hanoi. Because of that, more manpower is needed to fill these software engineer gaps. This also partly reflects the excitement of the software development market in Vietnam. Which, a huge investment is recorded from foreign software corporations; such as Worldwide DC Solution, located in Singapore, has invested $70 million in SHTP's OneHub Data Center.
How to outsource software development to Vietnam
When it comes to Vietnam software development companies, based on the actual projects that Saigon Technology has conquered and succeeded in, we would list the outstanding points to note in this in-depth guideline below:
1. Your company's financial resources
First and foremost, the first factor that determines your very start is the budget your company spends on software outsourcing projects. Consider plan A and plan B in terms of budget for software outsourcing projects, to be able to filter out vendor offerings that are right for your business's financial needs.
2. The type of service you want
Onshore software outsourcing: An onshore vendor is located in the same nation or area as the customer. The following is an example of a US client and a US vendor.
Nearshore software outsourcing: Suppliers are located in the same time zone as the client's team, thus commuting time and distance between the two are minimized. Simply consider the situation of a British client interacting with a European vendor.
Offshore software outsourcing: ‘Offshore’ refers to a situation in which the provider is located in a different geographic region than the client and at a great distance from them as well. Here we can relate to customers in Australia but partnering with a Vietnam-based vendor, which varies greatly in time zones and geographical distances.
3. A suitable form of service fee payment is available
Fixed price: For this software outsourcing model, the criteria must be clearly defined from the outset. A preliminary piece of work might be done by the supplier to record the needs and get an understanding of the amount of risk before delivering a quote for the primary project. This would be necessary for the scenario that the client does not have a sufficiently clear set of written requirements or if there are areas of high risk.
Time-and-Material: After keeping account of the amount of work put into the project (usually via the use of timesheets) and of any expenditures incurred for products and services, the provider sends an invoice to the customer at the rate that was discussed and agreed upon before the beginning of the project.
Augmentation: The client needs a fixed quantity of employees for a lengthy time to complete a certain set of jobs. The categories of work and tasks don't have to be stated at the beginning of the engagement; rather, the provider is aware of the types of work and tasks required so that it can give the right qualified personnel.
4. How great are the language, culture, and time zone relevance
Firstly, get a clear picture of your budget, schedule, and magnitude and record it. Time, price, and performance considerations are very important.
Second, examine whether or not that team's English abilities are enough. Face-to-face interviews (through meeting platforms if the team is far away) are the easiest approach to obtain a feel of their accent, language, presentation, and use of technical language.
Finally, consider the time zone variations. The two parties may talk about it and transform time zone differences into flexibility. The most crucial thing is that both parties agree. As a result, before handing the project to the partner of your choice, please thoroughly discuss and agree.
Some Impressive things about Saigon Technology
Saigon Technology's business software development services and its extensive programming expertise brings the cost-effectiveness that influences customers' decisions to hire the software outsourcing company. In addition, Saigon Technology takes great pride in managing and hiring the top 1% of outstanding engineers in Vietnam. With this sense of pride, the business set out on a mission to become one of the best corporate software development businesses in Asia.
Saigon Technology has developed a reputation as a leader in a range of industries, from healthcare and banking to marketing and advertising, and logistics, over the course of more than ten years and 900+ projects. Saigon Technology Team offers machine learning, microservices, .NET Core, Java, NodeJS, PHP, ReactJS, and Angular. Saigon Technology's valued customers: Kaercher, Abbott, Panasonic, Topicus, and DMI Inc.