Companies are constantly searching for ways to reduce costs while maintaining the quality of their products and services. Hiring tech talent from low-cost regions, such as Vietnam, has become a popular solution for many global companies. While the salary levels in these regions are lower compared to developed countries, the benefits that companies gain from hiring developers and tech engineers from these areas are significant. Here are 5 surprising benefits of hiring tech talent from low-cost regions, with a special focus on Vietnam.

I. Cost Savings with High-Quality Output

Lower Hiring Costs, But High-Quality Work

One of the primary reasons why many global companies are opting to hire developers and tech engineers from low-cost regions is the cost savings without sacrificing quality. Developers from these regions, including Vietnam, can provide high-quality work comparable to their counterparts in developed countries, but at a significantly lower cost.

The salary of a developer in Vietnam can be 30% to 50% lower compared to their counterparts in countries like the US, Canada, or Europe. This helps companies save operational costs while maintaining high-quality output.

Vietnam's tech talent is well-equipped to deliver high-quality, reliable products at a fraction of the cost. This allows companies to reduce their operational costs while still benefiting from world-class development work, often at a lower price point than their counterparts in high-cost regions.

Global Applications Built by Vietnamese Developers

The talent pool in Vietnam is rich in skilled developers who have contributed to the creation of several world-class applications used globally. These developers demonstrate the country's capacity to compete in the international tech market with innovative, highly functional products. Here are some examples of globally recognized applications and platforms that were created by Vietnamese developers:

1. Zalo
Zalo, a messaging app developed by VNG Corporation, is one of the most successful products to come out of Vietnam. Launched in 2012, Zalo has grown into one of Southeast Asia's most popular messaging platforms, with millions of users in Vietnam and neighboring countries. The app is known for its high user engagement and offers features such as text and voice messaging, video calls, and a variety of social media-like services. Zalo's success proves that Vietnamese developers can build applications that compete with global giants like WhatsApp and Facebook Messenger.

2. MoMo
MoMo, an e-wallet and payment platform developed by M_Service, has also gained international recognition. With over 20 million users in Vietnam, MoMo facilitates digital payments, transfers, and bill payments. The app is a key player in Vietnam’s fintech sector and has expanded its reach into other Southeast Asian markets. MoMo showcases the innovative spirit of Vietnamese developers and their ability to create impactful solutions in the financial technology sector.

3. Tiki
Tiki is a leading e-commerce platform in Vietnam that competes directly with global players like Amazon and Alibaba. Originally launched as an online bookstore, Tiki has rapidly expanded into various product categories, including electronics, fashion, and groceries. Vietnamese developers have played a crucial role in building a user-friendly, reliable, and scalable platform that serves millions of customers. Tiki’s success story underscores the impressive capabilities of Vietnamese tech talent in the competitive e-commerce space.

4. VNG's Gaming Success
Apart from Zalo, VNG Corporation is also a major player in the gaming industry. The company has developed and published several successful mobile and online games that have found a global audience. Games such as "Vo Lam Truyen Ky" and "Sky Garden" have become huge hits, especially in the Southeast Asian market. These games showcase the creativity and technical proficiency of Vietnamese developers in delivering high-quality entertainment experiences that attract millions of players worldwide.

These examples highlight the significant contributions of Vietnamese developers to the global tech ecosystem. Their ability to create competitive, high-quality applications that meet international standards demonstrates that, despite the cost savings associated with hiring talent from low-cost regions, companies can expect excellent results in terms of both innovation and quality.

II. Diverse Perspectives Fueling Creativity

The second reason why companies should consider hiring talent from low-cost regions is the cultural diversity that these professionals bring. Working with a global development team allows companies to benefit from different approaches to problem-solving and innovative thinking. This diverse environment fosters creativity, where new ideas and breakthrough solutions can emerge.

Diversity not only includes cultural differences but also diverse approaches to software development, process optimization, and technical problem-solving. This enables companies to discover creative ways to enhance their products and services.

A prime example of this is MoMo, Vietnam’s leading e-wallet app, which was developed with strong creativity and innovation from its local development team. The combination of diverse perspectives from developers in different regions has helped MoMo grow into a prominent fintech platform, not only in Vietnam but also expanding to other countries.

III. Large Pool of Skilled Talent

Low-cost regions like Vietnam not only offer lower wages but also boast a large pool of skilled talent. Vietnam’s universities and research institutes graduate thousands of tech professionals every year. The country’s education system is continuously improving, and with a young population highly engaged with technology, it presents a promising talent market for companies looking for tech talent.

Vietnamese developers are well-trained in areas such as computer science, software engineering, big data, artificial intelligence (AI), and blockchain, making it easy for companies to find qualified professionals with the right skills.
VNG Corporation, one of Vietnam’s top tech companies, is a great example of the quality of local talent. VNG’s developers have contributed to the creation of popular tech products like Zalo, a messaging app that is widely used not only in Vietnam but also in other countries.

IV. Flexibility and Quick Adaptation to New Technologies

Tech talent from low-cost regions, especially Vietnam, is known for its ability to quickly adapt to new technologies and customer demands. This is particularly important in the tech industry, where companies face rapid changes and are required to develop innovative products and solutions within short timelines.

By hiring tech talent from these regions, companies can expect flexibility and agility in implementing new tech projects without facing delays or disruptions in the development process.

V. Improving English Proficiency and International

English – A Crucial Skill for Vietnamese Developers.

In the age of globalization, English is the common language in the tech community, and it’s essential for developers to be able to communicate effectively with international clients and partners. In Vietnam, developers are increasingly improving their English skills, thanks to training programs and exposure to international working environments.

Today, many tech companies in Vietnam not only focus on technical skills but also invest in English language courses tailored to the tech industry. Improving English proficiency enables developers to better understand client requirements and communicate directly with partners and clients without language barriers.
Companies like TMA Solutions and VNG have placed a strong emphasis on English language training for their teams, helping them develop high-quality tech products and easily communicate and collaborate with international clients.

Conclusion

Hiring tech talent from low-cost regions like Vietnam offers great cost savings without compromising on quality. Vietnamese developers have proven their capabilities with globally successful applications such as Zalo, MoMo, and Tiki.

At Leamar Hiring, we help businesses recruit top-tier remote talent, seamlessly integrating engineers into your team. Our experts take on key tasks, freeing up your core team to focus on high-value projects. With years of HR experience, we provide scalable solutions to meet your hiring needs, all while saving costs.

Ready to scale your team with exceptional talent? Visit us at: Home