Vietnam is the solution to lack of IT human resource in Japan

Mr. Hoang Nam Tien, Chairman of FPT Software noted that with a high- skilled workforce, stable politic and fast economic growth, Vietnam is the solution of Japan’s IT human resource problem.

Speaking at Vietnam IoT 2018 in Japan, Mr. Tien shared that there was about USD 400 million of services entrusted by Japan to Vietnam in 2017.

According to FPT Software’s leader, inadequate statistics show that Vietnam currently has 20,000 employees serving the Japanese market in the areas of ITO (IT Outsourcing) and BPO (Business Process Outsourcing). Each year, there are 55,000 graduates of IT majors in technology from universities and colleges in Vietnam. With more than 40 years of cooperation, Vietnam is willing to adapt for Japan’s increasingly inadequate of IT human resources.

Statistic of Japan’s Ministry of Economy, Trade and Industry (METI) showed that Japan has an average of over 100,000 engineers in the fields of information security, cloud computing and mobile technology. In the new technology sectors such as AI, Big Data, IoT and Robotic, until 2030, Japan will lack about 600,000 technology engineers. Since 2014, Vietnam has been Japan’s second largest partner in software and IT outsourcing. More than 10 software companies in Vietnam have invested to open a company or branch in Japan

After nearly 13 years of presence in the world’s most promising market, FPT Japan has become the largest foreign IT company in Japan. In 2017, revenue of FPT Japan reached USD 158.3 million, up 26% over the same period and accounting for 58% of FPT Software’s revenue.

At present, FPT Japan employs more than 1000 people in Japan and around 5,000 engineers in Vietnam to develop products for the most demanding markets in the world. In order to meet the demand growth of Japanese clients, in 2018, FPT Software will recruit more than 2,000 employees for this market.

As the leading technology service provider in the region, FPT Japan did jointly hold Vietnam IT Day 2018 together with Vietnam Software Association (VINASA), Japan Information Industry Association (JISA) and Vietnam-Japan IT Cooperation Club (VJC) from February 26th until March 2nd in four large cities of Japan: Tokyo, Yokohama, Osaka and Fukuoka.

Vietnam IT Day 2018 has opened up many cooperation opportunities between the two countries’ enterprises, and brought useful information to Japanese companies who intend to invest in Vietnam. With objective sharing from clients, this is a good opportunity for Vietnam’s IT companies to develop an appropriate business direction and strategy in the Fourth Industrial Revolution which helps to bring more value to customers in general and Japan market in particular.

Source: Vietnam Plus