Vietnam’s IT sector is rapidly expanding, backed by a growing number of graduates specialising in tech fields. This boom is a result of the country’s emerging status as a tech hub with thriving R&D centres and outsourcing opportunities. With competitive developer salaries—much lower than in tech-heavy regions like Singapore—Vietnam offers a cost-effective option for companies aiming to scale without compromising on quality.
Hiring Vietnamese Talent as a Dedicated Team
Building a dedicated tech team in Vietnam offers numerous benefits, including flexibility and scalability. Instead of setting up in-house teams in more expensive markets, companies can quickly establish teams in Vietnam without the complexity of large infrastructures. Vietnamese professionals are adaptable and can work on both short-term projects or integrate as long-term team members for global firms.
Many international companies have successfully launched dedicated development teams in Vietnam, focusing on key projects such as software engineering, blockchain, and AI. These firms have achieved cost savings while gaining the flexibility to scale their teams according to project demands. The ability to adjust team sizes quickly, based on requirements, is a major advantage of hiring Vietnamese tech professionals.
JDI’s salary report confirms that employment costs in Vietnam remain competitive, allowing companies to manage expenses effectively without compromising on quality. This makes Vietnam an appealing option for both start-ups and established companies seeking to expand their tech teams.
Key Strategies for Retaining Vietnamese Talent
Attracting top talent in Vietnam is only the first step. Retaining skilled professionals is crucial for long-term success, especially in a competitive market with increasing opportunities. Offering competitive compensation packages that match market rates in Vietnam is key. According to ITviec Recruiting Trends, tech professionals in Vietnam expect salaries that reflect their skills and contributions. Companies that provide clear pathways for salary growth and bonuses stand out in the hiring process.
Beyond pay, employer branding is vital. Vietnamese tech talent values opportunities for growth and development. Companies that foster a culture of continuous learning, innovation, and flexibility are more likely to retain skilled developers. Offering training in new technologies and supporting professional development can further retain talent by showing long-term investment in their careers.
Creating a positive work environment is another critical factor. Many professionals are attracted to companies with strong team dynamics, a focus on innovation, and opportunities to work on cutting-edge projects. Promoting collaboration, flexibility, and a positive work-life balance helps ensure that top talent remains engaged and committed.
Building a tech team in Vietnam provides a unique opportunity to access a growing market of highly skilled professionals while benefiting from cost savings. Create a high-performing team that drives innovation and supports long-term goals by focusing on both attracting and retaining top talent. Learn more about how to source the best here: Talent Sourcing from High Five.
Source:
ITviec Blog. Vietnam’s IT Recruiting Trends 2023. https://itviec.com/blog/vietnam-it-recruiting-trends-2023
