Friday, October 01, 2004

Good Outsourcing Vietnam!

International Herald Tribune reports Vietnam is making a big push into becoming an outsourcing destination. Mathematics has been a strong suit of Vietnam's educational system and now the government is trying to train people in computer skills.

"Wages remain extremely low: World'Vest Base hires recent graduates with accounting or finance degrees, but no experience, for a starting salary of $100 a month, little more than an unskilled factory worker earns in neighboring China. Very low wages and strong math skills are a combination that has made believers of some experts."

"Atlas Industries has 100 people in Ho Chi Minh City, formerly Saigon, performing the technical tasks of turning architectural drawings from Britain into detailed blueprints that can be used by British construction companies. Joseph Woolf, the company's chief executive and founder, said that he preferred Vietnam to India because Vietnamese employees were more loyal and less inclined to change jobs repeatedly or seek work overseas, two problems some companies have encountered in India."

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