From high-quality candidates to competitive costs, here’s why Singapore companies should consider hiring Vietnam software developers.
Skilled software engineering population
Vietnam ranked 8th globally and 2nd in Asia in the Programme for International Student Assessment (PISA) in 2015 – the most respected global survey by OECD to measure countries’ proficiency in maths, science, and reading. In addition, algorithms and programming are part of the high school curriculum now.
Data from Global Skills Index 2020 Report, published by Coursera, an online learning platform used by global learners for higher education, also rated Vietnamese technology skills 2nd in Asia Pacific and 22nd globally.
All the above indicate a competitive engineering workforce that has been emerging constantly in Vietnam.
Competitive supply of software developers
While hiring software engineers in Singapore is getting costly, Vietnam has been recognized as a cost-attractive tech talent hub of Southeast Asia. According to Glassdoor.com, a career website, generally, in Singapore, companies pay a software developer S$4,500/month which is much higher than the average salary of a software developer in Vietnam – S$870/month.
Even when your budget allows, you may not find the right talent in Singapore. A report from jobs site Indeed showed software engineers faced the greatest talent shortage among all roles in Singapore, which is foreseen uneasy to change in the next couple of years. There are only 1,186 IT graduates a year from its universities in Singapore (data.gov.sg, 2019). The shortage just got worse during COVID-19 due to border restrictions.
On the other hand, Vietnam churns out around 80,000 IT graduates annually (Vietnam’s Ministry of Science and Technology, 2019). This huge number of young graduates, combined with improved internet connectivity, has led Vietnam to a thriving tech hub recently.
Seamless communication with Singapore companies
Many Singapore businesses are concerned about the language barrier when considering offshoring to Vietnam. Vietnamese software engineers in general face greater challenges in speaking English compared to their counterparts in India and the Philippines. That said, it is still entirely feasible to hire software developers in Vietnam who are competent in both coding and English as long as you have the right tech recruiting partner.
Moreover, in 2016, Vietnam’s government directed 61 public universities, academies, and colleges to introduce English as a second language of instruction. Many of those institutions also have included English as one of their graduation criteria. Plus, Vietnam’s time zone is only 1 hour behind Singapore; therefore, working hours in Vietnam and Singapore are mostly synchronous.
Are you struggling to hire software engineers in Singapore? Consider giving software engineers in Vietnam market a try.
Having more than 8 years of experience helping Singapore companies hiring and managing talented software engineers in Vietnam, Inspius is where you can rely on finding right fits, from technical competencies to language proficiencies.
Set up a meeting with our team today to learn more about what we can help you with!