Top 10 Software Development Companies In Vietnam 2023

Spanning the heart of APAC — the hottest region for IT services, Vietnam has emerged as a favorable destination for software development services with a vibrant IT labor force, competitive production costs and other favorable conditions.

Are you looking for the top software development companies in Vietnam? This article will be helpful to you.

Criteria for the list of top developers in Vietnam comprise:

• Considerable years of experience (>5 years);
• Professional quality and security certification;
• Large-scale IT talent pool (From 100 employees);
• Diverse domains and technology expertise;
• Verified client reviews.

Let’s get cracking!

Detailed Review Of Top 10 Software Developers In Vietnam

Now we will dig into the top 10 leading software development companies in Vietnam.

FPT Software

FPT Software has been positioned as the leading Vietnamese software development company for decades.

FPT Software is a member of FPT Corporation — one of the top Vietnamese information telecommunication technology (ICT) groups in Asia. The company provides technology and IT services to empower digital transformation for businesses worldwide, from various industries: healthcare, BFSI, manufacturing and automotive, communications, media and services, etc.

Company information

• Headquarters: Hanoi, Vietnam
• Global presence: 28 countries and territories
• Founded year: 1999
• Employees: 27,000+
• Hourly rate: From $25/hr
• Focused markets: Asia (Japan, Singapore, Vietnam), Americas, Europe (Germany, Finland).
• Highlighted clients: Costco, Denso Vietnam, Unilever, BrightInsight, MedAdvisor, Fast Retail, Honda.
• Certificates: CMMI Level 5, ISO 9001:2015, ISO 27001:2013, ASPICE Level 3,…

Core services

• IT strategic consultancy
• Digital technologies and platforms
• Product engineering
• IT management
• IT services

Customer review

“It’s not only the passion but the competence that the FPT Software team shows. What always makes me very happy is that they focus on the customers to understand our situations and our willingness to invest.”

“We are very happy with the cooperation with FPT Software. In addition, FPT Software has also been actively working to get access to our high-level design work.”

Check out: Why IT outsourcing in Vietnam?

LTS Group

LTS Group is one of the top Vietnam custom software development companies with subsidiaries in Japan & the United States.

LTS Group’s software development expertise spans traditional and emerging technologies like AI, RPA, blockchain, and cloud. The company is home to 300 talented software developers and testers owning experience in various industries, including eCommerce, automotive, healthcare, education, banking & insurance, construction, etc.

With “Care” and ‘Efficiency” among the core values, encouraging every member to speak the customers’ language, LTS Group has become a reliable partner for offshore software development in Vietnam, proven by a client satisfaction score of 96%.

Company information

• Headquarters: Hanoi, Vietnam
• Global presence: Japan, U.S.
• Founded year: 2016
• Employees: 350+
• Hourly rate: Less than $25/hr
• Focused markets: Asia (Japan, South Korea, Hong Kong, Singapore, …), U.S., EK, Australia.
• Highlighted clients: Qualcomm, Panasonic, Twitch, SK Telecom, CJ Entertainment, LG Electronics, Toshiba.
• Certificates: ISO 27001:2013, PMP, PSM, ISTQB, UI Path, Automation Anywhere,…

Core services

• Custom software development
• Offshore development center
• Web/mobile app development
• Blockchain development
• Software testing
• Business process solutions (BPS)
• Robotic process automation (RPA)
• Enterprise resources planning (ERP) solutions
• Software maintenance and legacy system modernization

Customer review

• Customer rating on Clutch: 4.8/5*
• Highlight reviews from real clients:

“LTS Group communicates well and provides clear timelines. Above all, they clearly understand the project’s goals and respond quickly.”

“Generally all request were met and quality was high. There were times when there were miscommunications but the mistakes were remedied quickly so we are happy with the outcome.”

“LTS Group has satisfied the client’s requirements. The new system has increased the vendor’s concurrent users significantly from 100 to 20,000. Adding on to that, the LTS Group team is always available to track the progress of the project and deliver the tasks on time.”

NashTech Vietnam

NashTech Vietnam is one of the top digital transformation companies in Vietnam.

Harvey Nash Vietnam Co., Ltd. (NashTech Vietnam) is a member of Nash Squared with headquarters in the UK. Since being presented in Vietnam in 1998, the company has built a large team of software developers to provide software development, technology advisory, and business process solutions services to clients worldwide.

Company information

• Headquarters: UK
• Global presence: Vietnam, EU, APAC, North America
• Founded year: 1998
• Employees: 1,800
• Hourly rate: $50 — $99/hr
• Focused markets: Vietnam, UK, U.S., Australia, Japan, Southeast Asia.
• Highlighted clients: Ford, Atlanta, Freewill, Japox, CHI, LG, Hitachi Capital (UK), Honda (UK), T-Mobile, Charles Taylor, NSK, Discovery Networks Europe.
• Certificates: ISO 9001, ISO/IEC 21001:2013, CMMI-DEV V2.0 Maturity Level 5, AWS/Azure Certified DevOps –Professional, …

Core services

• Custom software engineering
• Quality assurance and testing
• Business process solutions (BPS)
• Data, analytics, and AI
• Technology advisory

Customer review

• Customer rating on Clutch: 4.7/5*
• Highlight reviews from real clients:

“Their ability to scale up and down based on specific project requirements is impressive.”

“The developers at NashTech integrated seamlessly with the internal team. They’re easy to work with and deliver consistently. The team is cooperative, and their support has been integral to the success of this platform.”

Saigon Technology

Saigon Technology is an agile software development company in Vietnam.

Saigon Technology specializes in providing offshore software development and software outsourcing services to worldwide clients across the banking, healthcare, and retail industries. The company has a pool of 350 software engineers and a mature process, Saigon Technology has long been a trusted agile software outsourcing company in Vietnam.

Company information

• Headquarters: Ho Chi Minh City, Vietnam.
• Global presence: U.S., Australia, Switzerland, Singapore.
• Founded year: 2012
• Employees: 400
• Hourly rate: $25 — $49/hr
• Focused markets: Europe, Australia, Singapore, North America.
• Highlighted clients: DMI Inc., Standard Chartered Bank, RSM Singapore, Stone Forest, Payroll Serve, Abbott, Kaercher.
• Certificates: ISO/IEC 27001, ISO 9001

Core services

• Offshore software development
• Custom software development
• Software development outsourcing
• Web application development
• Mobile app development

Customer review

• Customer rating on Clutch: 4.9/5*
• Highlight reviews from real clients:

“Their outstanding receptivity to our changing requirements and concerns helped to build a strong feeling of teamwork.”

“The ability of Saigon Technology to work smoothly with our current staff was what really stuck out about them.”

KMS Technology

KMS Technology is a software consulting and engineering company that has served over 200 clients around the world.

With software development, software testing, and IT consultancy as their focus, KMS Technology offers an integrated suite of IT solutions to help businesses accelerate product speed-to-market. Apart from providing software development services, the company develops its software products to gain hands-on insights into the IT industry.

Company information

• Headquarters: US
• Global presence: Vietnam
• Founded year: 2009
• Employees: 1,000
• Hourly rate: Undisclosed
• Focused markets: Australia, Singapore, Vietnam.
• Highlighted clients: Maxis, GIC, ACB, Sacombank, Axi, Mirea Assets, GIC.
• Certificates: ISO 27001, PMP, PSM, AWS

Core services

• Platform modernization
• MVP development
• Salesforce development
• Software engineering
• Mobile app development
• Software testing

Customer review

• Customer rating on Clutch: 4.9/5*
• Highlight reviews from real clients:

“We were impressed with their high-quality work and ability to work in a complex space.”

“In general, it’s been a very successful partnership. Their work has become a factor in the growth of our business.”

“They function as a team and work from higher-level directions without needing daily management from our in-house team.”

TMA Solutions

TMA Solutions is one of the leading software outsourcing companies in Vietnam.

Established in 1997, TMA Solutions has become one of the best Vietnamese partners for innovation and digital transformation. The company has a pool of 4,000 IT engineers, including over 1,000 engineers with expertise in advanced technologies like AI, Robotics, Cloud, DevOps, and IoT. Their focus extends across various industries, including telecom, logistics, retail & e-commerce, healthcare, finance, and automotive.

Company information

• Headquarters: Vietnam
• Global presence: Germany, Japan, USA, Canada, Singapore and Australia.
• Founded year: 1997
• Employees: 4,000
• Hourly rate: Undisclosed
• Focused markets: North America, Europe, Australia, Asia, Vietnam.
• Highlighted clients: NTT Data Wave, Likewize, Ribbon Communications, Avaya.
• Certificates: ISO/IEC 27001:2005, ISO 9000:2001, CMMi Level 5, TL 9000.

Core services

• Custom software development
• Software testing
• Digital transformation
• Innovation as a service

Customer review

• Customer rating on Clutch: 4.0/5*
• Highlight reviews from real clients:

“Our measure of TMA’s success is finding the right candidates and our continued engagement. They provide resources very fast when we need them. Moreover, their contractors have integrated with our team very well, and they also collaborate with each other, which is helpful for us.”

“The TMA management team is attentive, responsive to feedback, and demonstrates initiative in continually improving effectiveness.”

VTI

VTI is among the best Vietnam software developers for IT outsourcing with a presence in Vietnam, Japan, Korea, and Singapore.

As a digital transformation partner, VTI accommodates one-stop software solutions and services for customers of all sizes across various industries, such as manufacturing, retail, finance, internet service, transportation, and construction. With a team of 1,100+ members, they help businesses harness cutting-edge technologies, including cloud computing, AI, IoT, and machine learning.

Company information

• Headquarters: Vietnam
• Global presence: Japan, South Korea.
• Founded year: 2017
• Employees: 1,100+
• Hourly rate: Undisclosed
• Focused markets: Japan, South Korea, Singapore, Malaysia, Vietnam
• Highlighted clients: Ministop, Samsung, Honda, Ufinity, Toshiba, Fujitsu.
• Certificates: CMMI Level 3, PrivacyMark, ISO/IEC 27001, AWS Certified Security.

Core services

• Website development service
• Mobile application service
• AI development
• IoT development
• UI/UX design
• Cloud migration
• Software maintenance & support

Customer review: N/A

NTQ Solution

NTQ Solution is a popular name among IT companies in Vietnam with over 10 years in the market.

NTQ Solution provides software development and consulting services to clients in 20 countries. From custom software development to AI and blockchain, the company offers a wide range of IT outsourcing solutions with a strict commitment to delivering high-quality outcomes, helping businesses innovate and stay competitive.

Company information

• Headquarters: Vietnam
• Global presence: Japan, South Korea, Hong Kong.
• Founded year: 2011
• Employees: 1,300
• Hourly rate: < $25/hr
• Focused markets: Japan, South Korea, Hong Kong, Europe, United States.
• Highlighted clients: SB Technology Corp, Nojima, Fujisoft, Systena, Uniadex, Golfzon, SingTel.
• Certificates: Google TensorFlow, IBM Data Engineer Professional, Intel Edge AI Certification.

Core services

• Application services
• UI/UX design
• QA & testing
• Legacy migration
• Business technology consulting

Customer review

“We are really amazed by the outstanding capability, language skills, and analytical thinking of NTQ Korea’s team throughout the project. They demonstrated a quality that exceeds our expectations, which is truly equivalent to what Korean experts can do.”

Rikkeisoft

Rikkeisoft is a Vietnamese software development company with a strong focus on industry 4.0 technologies like AI, IoT, AR/VR, and Blockchain.

Since its foundation in 2012, Rikkeisoft has delivered cost-effective digital innovation & offshore software development services to 500+ clients worldwide, with a strong focus on the Japanese market. Besides leveraging traditional technologies, the company also invests in R&D activities to develop high-tech application products utilizing advanced technologies.

Company information

• Headquarters: Vietnam
• Global presence: Japan
• Founded year: 2012
• Employees: 1,600
• Hourly rate: $25 — $49/hr
• Focused markets: Japan, Vietnam, Europe, the United States, APEC.
• Highlighted clients: Viettel, VNPT, Vingroup, Masan Consumer, Techcombank, AEON MALL.
• Certificates: ISO 9001:2008; ISO/IEC 27001:2013, CMMI level 3, AWS.

Core services

• Custom software development
• Software quality assurance
• Business process management
• UI/UX design
• Digital solutions

Customer review

• Customer rating on Clutch: 5*
• Highlight reviews from real clients:

“They are highly skilled and can solve issues such as bug fixes or improvement of product performance. They are not only good at creating things according to exact specifications, but also are reliable in research and investigation. Their deliverables made us greatly satisfied.”

“A passionate team that put in a lot of effort into the project to make it success, and the team is fun and always spread the positive energy throughout the entire project.”

FUJINET SYSTEMS

FUJINET SYSTEMS is a Vietnamese software development vendor with a significant focus on the Japanese market.

Founded in 2000, FUJINET has grown to a team of 700 dedicated people and always strives to maintain its tradition as a Vietnam offshore software development center for Japanese IT companies. The company is working toward an end-to-end software service ecosystem with gradual expansion to analysis, solutions, and software development requirements, in addition to development and testing phases.

Company information

• Headquarters: Vietnam
• Global presence: Japan
• Founded year: 2000
• Employees: 700
• Hourly rate: Undisclosed
• Focused markets: Japan, Vietnam.
• Highlighted clients: Uchida, Hitachi, DNP, VINX, NTT Data.
• Certificates: CMMI Maturity Level 3, ISMS — ISO 27001: 2013, PMP.

Core services

• Software development
• System integration
• CAD design
• Research and development

Customer review: N/A

Why Choose Vietnam For Software Development Services?

IT outsourcing to Vietnam is renowned for its benefits regarding cost and quality. Let’s dive into the most outstanding benefits of outsourcing IT projects to Vietnam.

Cost efficiency

Vietnam’s competitive pricing makes it a top destination for offshore development, ranking 6th globally in software development, as per The 2021 Global Services Location Index. Additionally, reports show Vietnam scores 100/100 in cheap manufacturing costs and has the 2nd lowest production cost in Asia, according to Singapore-based consultancy TMX.

With advantages in production costs, labor costs, and tax incentives, IT outsourcing in Vietnam can help save costs and contribute to business financial optimization. For example, LTS Group can save our clients 30% (on average) in operating costs with our outsourcing services.

Abundant and qualified IT human resources

As of 2023, Vietnam has about 530,000 software developers working in the IT industry and approximately 57,000 IT graduates each year. The large pool of young IT talents in Vietnam will be an important key for businesses to deliver projects of the best quality.

Beyond quantity, Vietnamese developers make great impressions of quality as well. For instance, they secured the 8th position out of 83 countries for performance, according to Topcoder statistics. Additionally, their technical skills rank 2nd in the Asia-Pacific region and 22nd globally, as per the 2020 Global Skills Index.

Keeping pace with new technologies

With aspirations to be a leading IT outsourcing destination, Vietnam is investing in education and resources to nurture skills in emerging technologies such as blockchain, IoT, AI & machine learning, and cloud computing.

With that high technology responsiveness, Vietnam’s outsourcing team will help businesses utilize innovative technologies to build software applications with enhanced quality, security, and user experience.

Favorable business environment

As of 2022, Vietnam ranks 21st out of 78 countries in the Open For Business index, assessed by US News.

Vietnam’s business environment is facilitated by a stable society and supportive policies from the government. Hence, outsourcing to Vietnam will help business owners lower the risks of being interrupted by unfavorable social situations or struggling with complicated cross-border procedures when working with offshore partners.

Deliver Software Of Excellence With LTS Group

During our 7 years in the software development service industry, LTS Group has proudly served clients from 11 countries with an average satisfaction score of 96%.

Our commitment goes beyond conventional service. Drawing from industry-specific insights, we delve deep into your business and customer dynamics to ensure a bespoke approach for every project. What’s next? We handle the whole software development life cycle (SDLC), encompassing consulting, planning, designing, building, testing, deployment and post-development upgrades.

At LTS Group, we bring together the best of both sides — affordability and quality. Leveraging the cost advantages and expertise of Vietnamese IT engineers, LTS Group is dedicated to providing both competitive pricing and exceptional quality to our clients, or in short, excellent price-to-quality value.

Your data’s security is paramount to us. We safeguard your information with a non-disclosure agreement (NDA) and implement the best security practices throughout the development process.

Talk to our industry experts and get a free consultation for your next software project!

Frequently Asked Questions

1. What are the big tech companies in Vietnam?

As of 2023, the top 10 big tech companies in Vietnam based on revenue are:

• FPT Corporation
• VNG Corporation
• Viettel
• VNPT
• Vinaphone
• Mobifone
• VNTT
• Momo
• MISA
• CMC Corporation

2. How many IT service companies are there in Vietnam?

As of August 2023, there are 9,823 IT service companies in Vietnam.

Source: Vietnam’s Ministry of Information and Communications (MIC).

3. How many software developers are there in Vietnam?

Currently, over 530,000 software developers are living and working in Vietnam (2023).

4. How much does a software developer cost in Vietnam?

Hiring a software developer in Vietnam may cost from USD 20/hr, depending on specific seniority and skill sets.

For details on how much a Vietnamese software developer costs, visit our blog offshore software development rates by country.

Final Note

We’ve gone through a quick comparison and a detailed review of the top 10 software development companies in Vietnam. For a comprehensive guide to Vietnam’s IT industry landscape and how to outsource software development in Vietnam, download our free ebook about Vietnam’s IT service industry.

Contact LTS Group:

• Website: https://ltsgroup.tech/
• Tel: (+84) 24–6660–7474
• Fanpage: https://www.facebook.com/LTSGroupVietnam