Brian Jeffrey
An Ngoc Thao of Vinasa (Vietnam Software and IT Service Association) highlighted that Vietnamese IT firms possess the capacity to meet the digital transformation needs of Japanese enterprises. These firms, with over 100 employees, now offer services ranging from development and testing to system architecture. There is a collaborative effort to enhance systems, revamp older ones, and devise new models, facilitating the integration of Vietnamese IT expertise with Japanese businesses.
With an annual production of 84,000 IT engineers from numerous educational institutions, Vietnam is well-positioned to cater to Japan’s IT demands. The practical training curricula in Vietnamese schools align with Japanese enterprise requirements, and a growing number of engineers have proficiency in the Japanese language, eliminating communication barriers.
Identifying two key business prospects in the Japanese market, Thao emphasized the potential for Vietnam’s IT firms to engage in modernizing extensive legacy systems and driving digital transformation towards environmental sustainability.
The aging systems in various sectors of the Japanese economy, such as banking and manufacturing, present opportunities for Vietnamese firms to collaborate on system upgrades. Additionally, the shift towards green practices in Japan necessitates IT interventions for sustainable development, aligning with global ESG standards.
Despite the vast market potential, Vietnamese IT companies must address infrastructure limitations and skill gaps to effectively compete in Japan. Challenges include inadequate facilities for large-scale projects and a need for diversified expertise beyond technological prowess.
To overcome these obstacles, collaborative ventures between Vietnamese and Japanese firms, cross-industry partnerships, and a strategic focus on core sectors like fintech and agritech are recommended to propel Vietnam’s IT industry towards international success.
Embracing a proactive and ambitious mindset is essential for Vietnamese IT enterprises to thrive on the global stage.
