The 74% of Hong Kong companies are facing high labor cost and tech talent shortage. In these circumstances, recruiting tech talent in Vietnam has become the best tech talent option for IT companies seeking skilled IT professionals at while reducing labor cost rates and to beat tech talent hiring mistakes. With a fast growing tech talent pool, competitive salaries, and strong government support, Vietnam has become a key destination for organizations looking to scale up their tech teams.

Companies recruiting tech talent in Vietnam benefit from access to over 400,000 IT engineers, with an additional 50,000 graduates entering the market every year. By exploring opportunities in Vietnam, many Hong Kong companies can leverage a wealth of expertise in software development, programming, network security, cybersecurity, and many advance technologies and skills. Let’s dive into advantages of Vietnam tech talent.

Skilled Tech Talent Pool

One of the key reasons why companies are recruiting tech talent in Vietnam is the availability of highly skilled professionals and lower labor cost due to currency exchange rate. The 1 HKD is equal to 3173.55 Vietnamese dong and 1 CYN is equal to 3485.04 Vietnamese dong which is why hiring tech talent in Vietnam remotely becomes the best option. In Vietnamese developers are well-versed in various technical fields such as IoT, AI, blockchain, web development, network security, cybersecurity, software development and mobile app development. What sets them apart is their competitive salary compared to neighboring countries. For instance, a mid-senior developer in Vietnam with 5-7 years of experience earns around US$1800 per month, significantly lower than the US$5,500 salary for a developer with the same skills and experience in Singapore and Software Developer in the Hong Kong is HK$3,000 – HK$5,375. This affordability makes recruiting Vietnam tech talent an attractive option for businesses looking to maximize their budget.

By recruiting tech talent in Vietname, Hong Kong companies can effectively double their headcount while staying within the best labor budget and can easily attract and retain top tech talent.

Vietnam Government Support to Talent

Vietnam’s government has played a significant role in making the country an attractive hub for skilled tech talent. With initiatives aimed at fostering digital transformation, the government continues to invest in technology education, building infrastructure, and supporting local talent. Plans to open over 20 schools dedicated to IT education are already underway, which will further expand the talent pool for companies recruiting Vietnam tech talent. Moreover, government-led partnerships with international tech organizations make it easier for overseas companies to tap into top-tier talent.

International firms seeking to build offshore teams can rely on these support systems to create a more streamlined recruitment process and connect with talented professionals ready to contribute to global projects.

Challenges in Recruiting Tech Talent in Vietnam

While recruiting tech talent in Vietnam offers numerous advantages, it is not without its challenges. The most significant hurdle is often the language barrier. Although 90% Vietnamese developers can speak English language particularly in reading and writing. Cantonese being the ethnic language of Vietnamese Chinese in Vietnam is the result of the following reasons: First, Cantonese is the largest dialect group in the Vietnamese Chinese community. Second, Cantonese was the first dialect group settled in Vietnam.

When recruiting tech talent in Vietname, another challenge lies in the complex and lengthy hiring process where headhunters make big IT recruitment mistakes. Vietnam tech talent is in demand globally, so tech recruitment ease should be smarter. A thorough yet efficient tech hiring process is key to securing top talent before competitors step in. Unfortunately, the process of hiring offshore developers can be time-consuming, with full recruitment cycles taking one or more months to conclude.

Why Vietnam Tech Talent is Best

As IT companies increasingly look for cost-effective solutions to address IT talent shortages, recruiting tech talent in Vietnam presents a viable opportunity. Major big companies like Samsung, Intel, and Microsoft establishing research and development centers in the country. This environment fostered a well-established IT community of highly skilled engineers who are continuously gaining experience and expertise. With a young, skilled workforce, lower costs, and supportive government policies, Vietnam is positioned to become a leading destination for global tech recruiting. Whether businesses are looking to build offshore teams or hire remote developers, the country offers immense potential to drive innovation and growth.

Conclusion

Although, recruiting tech talent in Vietnam requires smart workforce modules, planning and execution. Partnering with experienced IT vendors, tech talent recruitment subcontractors in Hong Kong such as Boyang can help businesses streamline the hiring process, ensuring they tap into the Vietnam tech talent pool efficiently. Companies that recognize this potential early and establish a presence in Vietnam tech talent will be well-positioned to capitalize on its rapidly growing tech sector.

Boyang has been specializing in IT talent outsourcing from Vietnam for 9+ years, and helping 50+ IT companies China and Hong Kong to address tech talent shortage. Contact us for FREE 1:1 consultation or visit our office in the working days.

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