Vietnam will become the center of global IT outsourcing

Harvey Nash , one of the largest recruiting companies, believes that in the next five years, Vietnam may become the most popular global center for IT outsourcing, overtaking the two current leaders - China and India. The reason for their confidence in this perspective is the fact that this country has the second largest GDP growth rate in the world and today it is firmly in third place in the list of attractive places for delegating high-tech production in Southeast Asia.

Despite the fact that Vietnam is physically unable to undertake any comparable production volumes with China and India, the number of graduates of IT specialties there increases by more than 10% annually. And the fact that the 84 millionth nation more than half consists of young people under the age of 25 years, significantly reduces the cost of labor, with virtually the same quality and productivity as the Asian giants.

via ZD Net