Why Vietnam?

Vietnam is a hidden tiger:

• Similar GDP as China for last 5 years (>9%)
• Major investment from the WTO, UK, US and Australia
• Biggest exporter of rice & 2nd biggest coffee exporter in the world
• One of top 3 (Gartner) outsourcing locations after India and China

Abundant supply of skilled labour:

• 82 million population of which 60% are younger than 30 years
• 22 million people go to school, including 60 universities and 83% of courses being science/technical subjects
• One of the highest literacy rates in SE Asia.
• Vietnamese language uses Roman alphabets/characters.
• Emerging as the new source for cost effective Software, BPO and Content services.
• Can augment or backup the services from India and Philippines. Strong support from government for ICT industry.
• Stable and safe environment for business.
• Strategic location ( for 24/7 support services).
• Low employee turnover rates <10% for software industry and <5% for BPO & Content industry.

Many leading companies are already outsourcing to Vietnam:

• Microsoft has opended a major R&D facility
• IBM, Citibank, CMG, NTT, Sanyo, Sony, Lucent, Nortel, etc...
• HSBC plans to set up 2000 heads center (moving from China)
• Intel is building a £300m chip factory where 1.200 people will work

Major Benefits include:

• Modern office facilities with stable power supply
• High security and disaster recovery facilities
• Good international communications
• Major government sponsorship and investment in the software sector
• Low staff churn with averages of only 4% in our development centre.

The Vietnamese are extremely loyal and committed.

• Strong technical skills, eager to learn and well educated IT professionals.
• Ready supply of people with experience in major technologies.
• Open, ambitious, questioning and honest people who are willing to push forward ideas