HCM City becomes outsourcing centre

HCM City is one of the world’s top ten emerging locations for outsourcing, according to the Tholons’ survey on global service for 2008.

According to the survey, outsourcing to HCM City, which came fourth, generally falls into application development and maintenance, product development and testing.

Cebu City in the Philippines took first place, while Chinese cities Shanghai and Beijing took second and third. From fifth to tenth were Krakow (Poland), Kolkata (India), Cairo (Egypt), Sao Paulo (Brazil), Buenos Aires (Argentina) and Shenzhen (China).

Key outsourcing service providers in the city include FPT Software, IBM, Luxoft and Vietnam Software Outsourcing. The outsourcing companies are drawing most of their staff from graduates of HCM City National University and the University of Technical Education.

Tholons is a leading full service Strategic Advisory firm for Global Outsourcing and Investments.