Let go of the struggle to find and pay for top talent. Here's a smart idea: get Vietnamese developers on your team. Vietnam's technology scene is doing well, even better than many other growing places. They have over 5,000 tech businesses there, and these companies have jobs for over 500,000 tech experts. Thanks to this, they're making $101 billion from selling their tech to other countries. The best part? You get to save money but still get great work. So, why go for just okay when you can work with Vietnamese developers and build something amazing for tomorrow?
1. Honestly, why do businesses choose Vietnamese developers?
1.1. It’s simple: it saves money
There aren’t enough software developers worldwide, and in places like the U.S. and Australia, you’d have to pay a lot for good ones. But in Vietnam, you can find great developers for a lot less money—90% less than in the U.S., half of what you’d pay in China, and even 30% less than in India. This means you can use more of your budget for developing your project.
Take a look at our 2024 report on how much tech workers in Vietnam earn. It details pay scales in Ho Chi Minh City, Hanoi, for remote positions, and through staffing services. The data provided compellingly positions Vietnam as a leading choice for top-notch tech projects without spending too much.
1.2 Vietnamese developers are good at what they do
In Vietnam, the programming languages Java, Python, C#, and C++ are favorites among computer programmers. People say that in Hanoi, the programmers are great—so good that they are seen as the 5th best in the world. They are especially great at using C and C++ and are counted among the top 4, just like programmers from Moldova, Germany, and Ukraine. Also, Vietnam is at the very top of the list for the 2022 Global Crypto Adoption Index Top 20.
The survey by HackerRank shows even more clearly that Vietnam is outstanding at programming. It ranks 23rd out of 50 countries, doing better than the U.S., the Netherlands, and India, with an impressive score of 81.1 points.
1.3 Vietnam is a stable place to do business
It offers a solid and supportive backdrop for hiring a software development team. The country’s economy, politics, and society have been steady for over 3 decades. It’s easy for companies from around the world to start their operations in Vietnam because the country is open to global investments.
Vietnam’s Association of Foreign Invested Enterprises (VAFIE) notes that even when times get tough, the government and local authorities work alongside businesses. They make laws better to remove obstacles and help businesses thrive. They help companies reach new markets, sell more abroad, and encourage people to buy more locally. They make government processes faster, enhance the business climate, and cut down on the time companies spend on procedures. Even more, with them, everything is ready to draw in more investments, for example, ensuring there are clean premises, infrastructure, human resources, and energy.
2. Discover Vietnam’s vibrant tech cities: Your next opportunity awaits!
Vietnam is home to over 98 million people, and most of them live in big cities. This is where you’ll find many IT companies. Let’s explore the cities that are important to Vietnam’s tech scene and their role in it:
2.1. Ho Chi Minh City
This city’s tech sector is booming, growing about 20% each year. The government wants to boost this by spending 2% of the city’s yearly budget to grow the tech industry. Located in the south of Vietnam, it’s a prime spot for business.
An expert Android developer or a skilled database developer in Ho Chi Minh City can make around $2107.44 monthly. The cost of living is low, so they can live comfortably.
2.2. Hanoi
Vietnam’s capital, Hanoi, is a central spot for business and the IT industry. Hanoi, the heart of Vietnam’s commerce and tech scene, attracts major firms like IBM. The city is home to some of the best universities, so there’s a big pool of IT talent for tech companies to hire from.
A web developer working for a big tech company in Hanoi can earn up to $1980.99 per month. A Java specialist might make a bit more. Living costs are about 68.2% lower than in big European cities like Lisbon, so developers can live well in this beautiful, historic city.
2.3. Da Nang
Da Nang is likely the best tourist spot in Vietnam, with a long coastline of over 30 km. It’s a beautiful place to live and has over 700 IT companies focusing on making software.
Vietnamese developers love working here because it’s been the top place in the Vietnam ICT Index since 2009, offering lots of chances for new developers. They can earn about $1068.04 monthly. Specialists like Mean Stack or Python developers can earn much more.
2.4. Hai Phong
Hai Phong has drawn big international investors, especially in iPhone manufacturing, which means many jobs for Vietnamese developers. The IT sector is growing, and the government supports it with various initiatives.
The IT industry’s future in Hai Phong looks promising, and a developer’s salary is around $657.52 monthly. It might seem low, but the cost of living is also low. So it’s enough for a decent life in this part of Vietnam.
2.5. Bien Hoa
In Bien Hoa, there are many companies, and the tech sector is expanding. Vietnamese developers often come back to work here after finishing their studies.
The city is business-friendly, with a large industrial sector. For developers, there are good job opportunities. They can expect to make about $1893.18 monthly. Specialists like full stack or front-end developers can earn similar to what they would in Hanoi.
3. Decoding the puzzle: Building your dev team in Vietnam
3.1. East meets West
Establishing a dedicated development team in Vietnam can present challenges, particularly for companies based in Europe and the U.S. Proximity and cultural alignment make Vietnam an attractive location for Asian firms. However, the geographical distance for Western companies translates into significant travel time and logistical complexities.
For instance, a direct flight from New York to Hanoi takes roughly 23 hours, necessitating considerable effort for American businesses to engage with Vietnamese developers. Also, there may be discrepancies in work practices and business ethics.
3.2. Hiring process and legal considerations
Forming a technology team in Vietnam requires a thorough understanding of the country’s legal and regulatory framework governing employment. You must comply with Vietnamese labor laws, which dictate the fair treatment of workers, including their working hours, compensation, and other employment conditions. It’s also important to recognize the distinctions between different types of employment contracts, such as fixed-term and open-ended agreements, and their implications for employers and employees.
3.3. Intellectual property protection
Protecting intellectual property (IP) is paramount when establishing operations in Vietnam or any other country. The nation has progressed in strengthening its IP regulations and enforcement, aligning with global norms.
Nevertheless, you need to proceed with caution and ensure that contracts with Vietnamese outsourcing partners contain explicit provisions for IP rights, including ownership, confidentiality, and non-disclosure. Engaging legal professionals to craft detailed contracts is essential for safeguarding IP rights, defining usage, managing transfers, and establishing ownership, along with outlining dispute resolution processes for IP conflicts.
4. Overcome recruitment obstacles: JT1’s clear strategies for successful hiring
4.1. Find the best talent easily
JT1 is a recruitment agency focused on IT jobs that makes it easy for you to form a team or find people to hire in Vietnam. We streamline the process of finding the ideal person for your company or project.
For instance, it might take time to find Vietnamese developers with expertise in certain areas, who keep up with new tech developments, speak English fluently, and match what you can spend and what you need. With JT1, this isn’t an issue because they can quickly and effectively connect you with the right specialized professional.
4.2. Save even more money
JT1 leverages the expertise of Vietnamese developers to deliver exceptional software solutions efficiently and cost-effectively. Our model provides a strategic advantage for businesses aiming to stretch their development dollars without compromising on quality. With JT1, you gain access to a dedicated team that’s committed to elevating your projects, ensuring both speed and excellence in execution.
4.3. Deploy resources without a hitch
In the dynamic landscape of modern business, the ability to swiftly adapt your team is indeed crucial for maintaining a competitive edge. JT1’s approach to workforce mobility aligns with the growing recognition of adaptability as a vital asset.
Employers increasingly value employees who can manage changes effectively, as adaptability not only enhances productivity but also fosters leadership qualities and resilience in the face of challenges. An adaptable workforce is better equipped to handle career transitions and the evolving demands of the market, which can lead to increased job satisfaction and overall happiness. By facilitating easy transitions for your team - be it to remote work settings or physical locations - JT1 taps into the core of what makes you thrive amidst constant change: a robust, flexible, and responsive team structure.
Get in touch with us, tell us what you need, and we’ll find the perfect Vietnamese developers for you. We aim to assist as many businesses as we can, in the very best way possible, because your success is our foremost concern, and it outweighs our pursuit of profit.
