Vietnam concentrates on providing Software services for the Japanese Market

Outsourcing of IT business processes from the US, Japan, and the European Union are on the rise, and countries like Vietnam are going all out to grab a larger share of the market. Japan alone is responsible for the outsourcing of US$100 billion in the software sector to China, India, and Vietnam. With the use of IT within the country an uncertain proposition, Vietnam is looking to gear its IT program towards attracting outsourcing projects from Japan.

Local companies are producing software that caters to the Japanese market. A real-world example is Vietnam's largest software company TMA Solutions, which concentrates its entire product line towards the telecommunications industry in Japan. FPT, another leading company in Vietnam, is also engaged in outsourcing work for Japanese companies. While outsourcing is an option, the Vietnamese software sales can improve if there is an increase in domestic consumption , particularly by government offices and institutions. VietnamNet Bridge reports:

With their eye on the huge Japan market, domestic IT companies are searching for innovative ways to improve their software engineers' skills. One such strategy involves sending Vietnamese engineers to work in Japanese software companies at low pay. Under this exchange, Vietnamese employees can upgrade their skills and learn more about the needs of the Japanese consumer.