Japanese and UK business join forces to create largest Software and BPO business in Vietnam
Nashtech continues the drive into Asia with its Software and BPO operations now open for business in Tokyo, Japan.
First contracts have already been signed with Mitsui &Co, Moshi Moshi Hotline and MOCAP for the development of BPO and Software business in the Japanese market with projects already underway. Nashtech, the largest foreign technology business in Vietnam with over 4000 employees, have invested in a Japanese speaking business centre in Hanoi and HCMC to serve the discerning Japanese company. Nashtech have taken a 15% share of MOCAP, a Mitsui, Moshi Moshi and SmartMedia investment in BPO and expect to add another 300 engineers over the next year.
So why Japan? Japanese business is under pressure to manage an increasing cost base and is suffering from a shortage of young, skilled labour. Not enough graduates coming through with science based qualifications and social burden driven by an aging population. Sounds familiar to the UK, Germany, France; indeed all the mature western economies. But Japan has a unique challenge restricting the use of high skill immigration as a potential solution: its language and character sets.
The solution so far has been to engage with China, particularly with the Japanese speaking community. Recent political issues between the two countries that have used Japanese business in China as leverage, has stimulated a move to alternative stable locations, with Vietnam top of the list.
Nashtech already serve many Japanese clients from its centres in Vietnam where over 2000 software engineers deliver solutions that meet the very high standards demanded by the Japanese market. The quality processes and high standards have been influenced by Nashtech’s German research and development business where over 300 engineers develop robust wireless network solutions in tandem with Vietnamese engineers – German engineering from Vietnam. Nashtech also have extensive experience in Business Process Outsourcing where they have established deep business transformation knowledge , through successful client engagements, of how to improve process whilst delivering outstanding financial value.
As a result the Mitsui/Nashtech co-operation agreement is very powerful, Japanese engineering from Vietnam is a reality but at a cost that enables Japanese business to get more for less, and compete globally to even greater effect.
May 3, 2013 12:15 PM | Permalink