Vietnam software Sector booms!
I laid a few more facts about the outstanding growth in the IT sector in Vietnam in my last update (Vietnam IT Industry achieves 17 fold growth) and I spend a lot of time telling people about this amazing country. The government are now pushing even harder, expecting the sector to sustain growth of 7% of GDP. A tall order, but I suspect the Vietnamese will achieve it, particularly with the number of major foreign IT players investing.
Listening to an INTEL representative is Vietnam before Christmas; he is expecting one in twelve chips delivered globally to be made in Vietnam by 2012. Microsoft, IBM and HP are also investing in the talent of Vietnam.
Businesses from the UK and USA, both large and small, have woken up to the tremendous IT talent in Vietnam. Harvey Nash USA are signing up both software development and BPO contracts with a number of businesses that are taking advantage of the cost arbitrage and the tremendous quality coming out of Vietnam. In the UK over 200 projects have been completed.
Michael Hugo a writer, speaker and consultant who blogs for cio.com has recently returned from a trip to Vietnam and about the IT sector. It is worth reading as he uses the Harvey Nash strap line “The Power of Talent” in the title of his piece - click here to read the full article. He makes some interesting observations about the Vietnamese software sector.
It is pleasing that we invested over ten years ago and now deliver millions of dollars of software to corporate’s world wide. The “first boat” to the island has to do the ground work but also reaps the benefits of strong investment. Harvey Nash Vietnam have developed some pretty important life changing software in the last few years. Every time you answer your mobile, it is odds on Harvey Nash software is helping deliver the call!
But then there are the leaders and the followers. Harvey Nash has always innovated, never been afraid of change, and always look for, and takes opportunity.
I welcome all followers, it will help to create a more dynamic and broader skills based market. It adds real credibility to Vietnam.
January 5, 2011 12:19 PM | Permalink