HANOI, Jan. 3 (Xinhua) -- Vietnam's IT outsourcing could generate 880 million U.S. dollars by 2028, with an annual growth rate of 16.38 percent, Vietnam News reported on Friday, citing an official.

It was estimated that the Vietnam's outsourcing market reached a value of nearly 698 million dollars in 2024.

Nguyen Thien Nghia, deputy director of the Department of Information Technology and Communications Industry under the Ministry of Information and Communications, said Vietnam's biggest advantage in global markets was its affordable and high-quality workforce.

Vietnamese IT engineers' salaries are only about one 10th of the global average, yet their work quality is highly regarded, he said.

Vietnam has consistently appeared in top 10 global outsourcing providers over the past two years. Enditem

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