A country with political and economic stability
6-8% average annual GDP growth rate in the last 15 years
Young and well-educated population
60% of 90 million of people under 40 years old
> 90% of literacy rate
1,6 million students
Large talent pool for Vietnam software companies
More than 50,000+ ICT graduates per year
Supply will continue to exceed demand for many years
Vietnam is emerging as a high technology center
Many investment projects of big IT brand names such as IBM, Intel, Nokia, Samsung, Renesas, Foxcon , Fujitsu, Canon, Panasonic have operated to turn Vietnam into a high tech center of Asia.
R&D outsourcing from IBM, Microsoft, Ericsson, Siemens, HP, CSC, EA, Alcatel-Lucent, Cisco, Avaya, Nortel, Comscope, NTT, Toshiba, NEC, Panasonic, Amdocs, Halliburton, McAfee, Electronic Arts.
Strong government support for the software industry
Tax preference, IT training & education promotion, software/high tech park development, etc.