HomeAbout Vietnam

About Vietnam

A Journey to Vietnam

As a technology company in Vietnam, TechSoft believes that our country – Vietnam has a lot to offer to international partners and clients who are looking to expand their business in Asia. Vietnam is a vibrant and dynamic country with a rich culture, hospitable people, and a rapidly growing economy. 

In this blog post, TechSoft will introduce you to some of the key reasons why Vietnam is a great choice for your technology-related projects.

1. Vietnam's Geographical Location

Vietnam is a Southeast Asian country with a population of over 96 million people, known for its natural beauty, rich history, and cultural diversity.  


Vietnam is located on the eastern coast of the Indochinese Peninsula, bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea to the east. 

About Vietnam

Vietnam is a country with a lot to offer, from its stunning natural scenery to its rich cultural heritage. Notable things about Vietnam include its delicious cuisine, which is known for its freshness and flavor; its traditional music and dance, which are both intricate and beautiful; and its bustling cities, which are home to some of the friendliest people in the world. 


It is a country of great diversity, with a long and complex history that has left an indelible mark on its culture and people. Today, Vietnam is a rapidly developing country with a thriving technology industry, making it an ideal partner for companies looking to expand their presence in Asia. 

2. Vietnamese People

Vietnamese people are known for their hardworking and resilient nature, as well as their strong family values and respect for tradition. 


Vietnamese people are known for their ability to adapt and persevere in the face of challenges and adversity. 


Respect is an important value in Vietnamese culture, and people are expected to show respect to their elders, authorities, and each other. 


Vietnamese people are generally warm and hospitable, and often go out of their way to make guests feel welcome. 


Vietnamese people are known for their diligence and work ethic, often valuing hard work and productivity as a means to success. 

3. Vietnam's Stunning Landscapes

Vietnam is home to many famous tourist destinations, including Ha Long Bay, which is known for its stunning limestone formations and picturesque islands; Hoi An, a charming and historic city that has been designated a UNESCO World Heritage Site; and Ho Chi Minh City, the largest city in Vietnam, which is known for its lively atmosphere and modern amenities. 

Ha Long Bay

Ha Long Bay is a breathtaking natural wonder in Vietnam, known for its thousands of limestone islands and islets.

Ha Long Bay

Mekong Delta

The Mekong Delta is a lush and fertile region in southern Vietnam, famous for its network of canals, floating markets, and rice paddies.

Mekong Delta

Phong Nha - Ke Bang National Park

Phong Nha-Ke Bang National Park is a UNESCO World Heritage Site in central Vietnam, home to stunning karst mountains, deep caves, and underground rivers.

Phong Nha-Ke Bang National Park

4. Why Vietnamese Companies Are Suitable To Collaborate With?

Vietnam has a stable political situation and a favorable business environment that make it an attractive destination for foreign investors. In addition, the Vietnamese government has implemented transparent and reliable contract laws and regulations, ensuring that foreign companies can do business in Vietnam with confidence and security. 

Favorable Location

Vietnam’s strategic location in Southeast Asia makes it an ideal location for businesses looking to expand their operations in the region. It also has a large and growing domestic market that can serve as a platform for businesses to access other markets in the region.

Skilled Workforce

Vietnam has a young and well-educated workforce that is proficient in English and other foreign languages. This makes it easier for foreign businesses to communicate with their local counterparts and helps to minimize the language barrier.


Competitive Cost Structure

Vietnam has a lower cost of doing business compared to other countries in the region. The cost of labor, real estate, and utilities is significantly lower, which makes it an attractive destination for businesses looking to reduce their operating costs.

Favorable Business Environment

In recent years, Vietnamese government has implemented a number of reforms aimed at reducing bureaucracy, improving transparency, and facilitating foreign investment. This has made it easier for businesses to operate in the country and has increased investor confidence.


5. Why Vietnam is Suitable for Software Engineering Services

Vietnam has a large and growing pool of talented IT professionals, with over 300,000 IT students currently enrolled in universities and vocational schools. The labor market in Vietnam is also highly competitive, with companies offering competitive salaries and benefits to attract and retain top talent. As a result, Vietnam has become a leading destination for software engineering services, with many international companies choosing to outsource their technology-related projects to Vietnamese firms. 

Software Engineering is a bright spot-on Vietnam’s 2023 horizon. The COVID-19 pandemic accelerated tech sector development and though this has slowed, it is still going strong. Businesses in IT would do well to look closely at what Vietnam has to offer in terms of skilled coders and developers that come at a relatively low-cost. The digitization of Vietnam’s economy is also a high priority for the Vietnamese government and this has led to a broad range of favorable policies to promote the sector.

International Companies Operating in Vietnam

Experiences of Foreigners in Vietnam

“Vietnam is a vibrant and growing market with an enormous potential for foreign investment.”

“Vietnam is a land of opportunities, where entrepreneurs can make their dreams come true. The business environment is constantly improving and the potential for growth is huge.”

“Vietnam is a country of contrasts, where tradition meets modernity, and chaos meets calm. It’s a fascinating place to live and work.” 

Vietnam is a country of great opportunity and potential, with a thriving technology industry and a favorable business environment. 

As a technology company in Vietnam, TechSoft are proud to be part of this dynamic and innovative community, and we welcome international partners and clients to join us in shaping the future of technology in Vietnam and beyond. 

Interesting Facts About Vietnam

What are the main industries in Vietnam?

Vietnam’s economy is diverse, with a range of industries including manufacturing, agriculture, services, and tourism. The manufacturing sector is particularly important, with key industries including textiles, electronics, and automobile production. 

What is the business culture like in Vietnam?

Business culture in Vietnam is generally hierarchical, with respect for authority and seniority playing an important role. Building personal relationships is also important in Vietnamese business culture, and trust and mutual respect are key to successful partnerships. 

What are some challenges of doing business in Vietnam?

Some challenges of doing business in Vietnam include navigating complex regulations, dealing with corruption and bureaucratic inefficiencies, and finding skilled labor in some industries. 

What are some recent developments in the Vietnamese business environment?

Recent developments in Vietnam’s business environment include efforts to streamline regulations and reduce bureaucracy, increased investment in infrastructure, and continued growth in key industries like manufacturing and tourism. 

Is Vietnam a good place to invest in?

Yes, Vietnam is increasingly seen as an attractive destination for foreign investment, with its growing economy, strategic location, and favorable business environment. However, as with any investment, careful research and due diligence are necessary to ensure success. 

Newsletter Subscribe

Subscribe Our Newsletter To Get More Update

© 2023 TechSoft Technology Ltd. Enterprise code: 040-2156-550. All Rights Reserved.

We say NO of developing software, related to: Gambling, Politics, War, Discrimination, Violation, and Hacking.