17:07' 23/04/2008 (GMT+7)
VietNamNet Bridge – Luxoft, a Russian provider of high-end software and product development applications, announced it has opened a new delivery centre in HCM City, Vietnam.
The opening marks the first time an Eastern European software service provider has established a presence in Vietnam.
“Companies today are looking for effective ways to cut costs and improve their bottom lines without sacrificing quality. By enhancing our global footprint, we are proactively mitigating our clients’ cost pressures while preserving the culture of innovation, rock solid execution and engineering excellence that customers have come to expect from Luxoft,” said Dmitry Loschinin, CEO and President of Luxoft.
The Vietnam delivery centre is ideally positioned for clients looking to diversify their sourcing geography portfolio and lower their outsourcing costs. It will service both ISV and enterprise customers and will offer a comprehensive set of applications and product development services.
Luxoft’s clients will benefit from Vietnam’s relatively untapped skilled labour force, solid education system, high English proficiency, and competitive cost structure. NeoIT ranked Vietnam's HCM City as the top non-Indian city in its 2006 review of the most competitive cities for outsourcing, based on available labour pool and infrastructure.
“Vietnam’s economy is booming and we offer a skilled workforce, a fast-growing education system, political stability and lower costs. Luxoft is perfectly poised to take advantage of all we have to offer and deliver tangible benefits to its customers worldwide,” said Truong Gia Binh, head of the Vietnam Software Association.
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