Vietnam, for the first time, ranks in the top 10 in attractiveness for software outsourcing in the world, announced the US-based AT Kearney consulting group.

AT Kearney’s ranking list was made based on consideration of the following criteria in 50 countries: services and IT support, customer service and IT application support. The three major standards were financial attractiveness, skills and human resources and business environment.

According to AT Kearney, Vietnam’s software outsourcing industry is growing robustly, particularly IT services. Japanese companies have chosen Vietnam as their partner for years and they give priority to Vietnamese service providers.

Vietnam is praised for its low labour cost; however, the quality and availability of human resources is inferior to some neighbouring countries.

Of the top ten countries, seven are from Asia, namely India, China, Malaysia, Thailand, Indonesia and the Philippines. Vietnam, Egypt and Jordan are present on the list for the first time.

In this year’s ranking, many Eastern and Central European countries like the Czech Republic, Slovakia, Hungary and Poland have fallen: Slovakia fell 28 grades and the Czech Republic 16.

Notably, Singapore tumbles by 35 grades, from 11th to 36th, due to the rise of inputs and the revaluation of the Singaporean dollar against the currencies of some countries in the region.

According to AT Kearney, the five countries of the fifty considered the least attractive in software outsourcing are New Zealand, Israel, Australia, Ireland and Turkey.

VietNamNet/TBKTVN