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Vietnam enters top ten software outsourcing destinations
Vietnam ranks ninth among 10 attractive nations for outsourcing in the world, according to a recent survey conducted by Tholons/Global Services Group.
According to Tuoi Tre (Youth) newspaper, Ho Chi Minh City continues to be selected by Tholons/ Global Services as one of the world’s six leading cities in application development & management (ADM) and game and cartoon development.
This is also the second consecutive year HCM City has entered the top 50 Emerging Outsourcing Cities. In 2006, the city was named in the list thanks to low labour costs and high standards in the IT sector.
Tholons/Global Services rankings are based on six criteria, including the proportion and quality of human resources, labour costs, trade promotion activities, infrastructure, risk levels and living standards.
According to the Vietnam Software Association (VINASA), the local software industry has been developing with an annual growth rate of 30-40 percent. The country is home to more than 720 outsourcing companies and nearly 9,000 IT engineers who have been trained at universities and colleges.
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