Conference to promote Vietnam as attractive IT outsourcing destination

A conference will be held in Ho Chi Minh City from October 14-16 promoting Vietnam as an attractive emerging information technology (IT) outsourcing destination.

The Vietnam IT Outsourcing Conference (VNITO 2015) is expected to attract more than 150 multinational companies from 20 countries along with 200 outsourcing firms and 20 leading IT universities in Vietnam, presenting a chance for Vietnam to present its potential and seek cooperation opportunities, said Lam Nguyen Hai Long – Head of the VNITO 2015 organising board – on June 4. 

Long added that Vietnam boasts numerous IT outsourcing advantages, including a large number of high-tech companies like Intel, Samsung, LG, Renesas, Foxcon, Fujitsu, Canon and Panasonic all with factories in the nation. Some major groups such as HP, CSC, Cisco, Toshiba, NEC and Boeing have also conducted software research and development activities in Vietnam . 

The country provides incentives for investments in hi-tech zones while its software outsourcing cost is competitive, and inflation is stable, he noted. 

Tholons, a services globalisation and investment advisory firm, places HCM City at 18 th and Hanoi at 20 th in the 2015 list of the top 100 outsourcing destinations. 

Vietnam was also ranked first in the business process outsourcing location index 2015 by global real estate adviser Cushman & Wakefield.