Around 2010, the concept of offshore development gradually became familiar in Vietnam, and more and more offshore companies were established. So, which companies are currently the major players?
1. BAP
BAP, an offshore company based in Da Nang, Vietnam, was established in 2016 by talented Vietnamese engineers. In just four years after its founding, it grew to a scale of about 200 developers.
Rather than being a company that simply takes on outsourced work, BAP aims to move forward together with clients as a “partner.” Under this policy, it has rapidly become a leader in the field of technical solutions and is now one of the major offshore companies between Japan and Vietnam.
Today, BAP is considered one of the most prestigious offshore development companies in Vietnam.
The company has set a goal to support businesses using cutting-edge technologies such as Core AI, Blockchain, and SAP, and has contributed to solving complex issues arising in digital transformation processes.
As a result, it has earned the trust of globally renowned enterprises, including Hitachi, KPMG, and NTT DATA, along with their subsidiaries.
Notable achievements include the SAP warehouse management system, a BTC trading platform, AI Keiba horse racing prediction system, a private blockchain network with speeds of up to 10,000 TPS, and the social app “COZY.”
BAP holds many certifications such as ISO 9001:2015, PMP (Project Management Professional), and AWS Certification, and has also received awards from prestigious international institutions.
As it expands, BAP has established markets in Tokyo and Osaka (Japan), Da Nang and Ho Chi Minh City (Vietnam), and Sydney (Australia). It also envisions future expansion into Europe and the United States.
2. Hybrid Technologies
Established in 2016, Hybrid Technologies is an offshore company in Vietnam.
Initially founded under the name Evolable Asia Solutions through a joint investment between Tabicapital Co., Ltd. and Soltec Vietnam, it has since continued building strong relationships with domestic and international partners through projects involving the latest technologies like blockchain applications and AI.
Key achievements include Aloha 7, Trip Star, and CAS Tour.
3. Orgrow Lab
Orgrow Lab is an offshore company established in Ho Chi Minh City in 2014 with 100% Japanese investment. It specializes in lab-type offshore development of mobile apps and web systems.
The company’s greatest strength lies in its close ties with technical universities and companies, allowing it to secure optimal talent by hiring abundant human resources.
4. Nissho Electronics Vietnam
Established in 2011, Nissho Electronics Vietnam is a major offshore company in Vietnam. With over 8 years of experience, it is a veteran in the offshore field, particularly in the Vietnamese and Asian markets.
Its core business includes network services and offshore development services, providing advanced IT solutions to Vietnamese telecom companies and government agencies.
Partners include major domestic companies such as NBI, Viptela, Sansan, and Vinaphone.
5. Cowell Asia
Founded in 2014, Cowell Asia is an offshore company established by the core members of Cowell Japan.
The company offers services such as software development, software testing, IoT solutions, and cloud integration.
With a team of experienced engineers who have received professional education at universities and graduate schools, Cowell Asia provides high-quality human resources.
It has achieved success in many projects with partners like Heineken, GDO, AEON, and IDOM.
6. Sun Asterisk
Sun Asterisk, formerly known as Framgia Inc., was established in 2012 as an offshore company in Vietnam.
It is highly experienced in smartphone app development, web services, and core business systems, and is also involved in supporting startups.
The company places strong emphasis on human resource development, collaborating with universities in Vietnam on industry-academia projects to improve Japanese language skills and technical expertise.
7. Vitalify Asia
Vitalify Asia is a Japanese-owned offshore company founded in 2008.
It is the Vietnamese subsidiary of Vitalify, known for its achievements in smartphone app development in Japan. The company excels in developing smart device and consumer services.
It also supports the entry of Japanese companies into the Vietnamese market through sales and marketing support. Vitalify Asia is also actively engaged in AI R&D, with a quality inspection AI center for the manufacturing industry attracting attention.
8. Monstar Lab LIFETIME Vietnam
Monstar Lab LIFETIME, formerly known as Lifetime Technologies, is an offshore company in Hanoi, Vietnam. With 13 years of experience, it is a “veteran” in offshore development.
Since 2016, it has been a subsidiary of the Japanese company Monstar Lab. Its strength lies in system development that understands Japanese business practices, meeting various IT development needs, including modernized business systems. The company operates as a global hub for software development.
9. Gumi Vietnam
Gumi Vietnam is an offshore company based in Ho Chi Minh City, Vietnam. A key strength is the assignment of Japanese staff to all projects, which ensures smooth communication and high-level system development.
It also supports agile development, enabling flexible responses to customer requirements. Notable achievements include facial recognition apps, video playback apps that respond to applause, AR, and QR code readers.
10. Fujitsu Vietnam
Fujitsu Vietnam, a pioneer and major player in offshore development, was established in 1999 as a subsidiary of Fujitsu.
It provides a wide range of solutions in the information and communication technology field, cooperating with major Vietnamese companies such as Mitec, Viettel, ICA, C&S, FPT-FIS, and Hong Co. Services include software development, enterprise solutions, security solutions, and storage systems.
11. What Do You Expect from Offshore Development? — The Relationship with Offshore Companies
We’ve introduced 10 Vietnamese offshore companies. Now let’s consider the importance of the relationship between Japanese companies and offshore firms when choosing a partner.
What are you looking for in offshore development?
Initially, the main goal of offshore development was naturally to reduce development costs. Vietnam was once seen as the “next China” due to its low wages.
However, Vietnam’s offshore development landscape is changing. The era of viewing Vietnamese IT companies merely as offshore destinations for development tasks may not last much longer.
Many Vietnamese IT firms are now shifting beyond outsourced offshore development, leveraging their accumulated skills and knowledge to expand their businesses independently, both domestically and in markets outside Japan. They are becoming increasingly capable.
In the future, it may be ideal to consider your current offshore contractor as an equal partner and collaborate in a more integrated way.
To start, we recommend conducting offshore development in Vietnam.
In this case, lab-type contracts are optimal. Within this model, finding a reliable Vietnamese IT company with solid technical capabilities is a realistic and effective approach.
Have you found the ideal Vietnamese offshore partner for your business? We hope BAP can be your best choice. Please feel free to contact us.
