September 5, 2024

Top Cloud Managed Service Providers in Vietnam for BFSI Sector

54% of banking IT leaders reported that they are actively piloting or adopting industry cloud solutions; however, moving your business to the cloud is not an easy task. You may think, well, is it just some simple lift-and-shift when Cloud Service providers put your data onto a cloud environment?

Not really: factors such as Cloud IT skills, Implementation experience, operating skills and project compatibility, are of paramount significance. That’s why you need the Top Cloud Managed Service Providers in Vietnam to help you throughout the whole journey to success. 

Table of Contents hide
What Is Cloud Managed Services?
1. CMC Global
FPT Software
Viettel IDC
VNG Cloud
VTI Cloud
Cloud Ace
Why choose Vietnam for Cloud Managed Service Outsourcing?
Conclusion

 Every company’s cloud journey is different, which means each company will require different things from its managed cloud migration services provider. But how do you know they can offer you the right service with the quality you want? Let’s look at CMC Global list of Top cloud managed service providers in Vietnam, their experiences, bases, kinds of migration and transformation services they provide, and the cloud deployments they support 

What Is Cloud Managed Services? 

What truly is Cloud Managed Services? It refers to the action of outsourcing daily IT management for cloud-based services and technical support to automate and enhance business operations. 

Normally, a company’s internal IT department doesn’t possess the skills needed to monitor and maintain a cloud environment effectively. Therefore, hiring a third-party cloud managed services provider (MSP) to manage cloud security, computing, storage, network operations, application stacks, vendors, and more is the righteous choice in this situation. With fixed pricing on a monthly/ yearly basis, hiring a cloud-managed services provider is often less expensive than an in-house team. 

With strong STEM-focused education and competitive developer salaries, we can see a lot of tech giants like National Australia Bank, Intel, Microsoft, IBM turn to Vietnam for its young, digital-fluent, and promising IT Talents. Outsourcing to Vietnam is somehow a good way to ensure a strong ROI and secure your project in the times to come. 

Below are Vietnam’s Top cloud managed service providers that you can trust: 

1. CMC Global

Founded: 2017 

Country/Region coverage: Vietnam, Singapore, Japan, Korea, Thailand 

Company background: Cloud-native MSP 

CMC Global is CMC Corporation’s youngest but fastest company in terms of growth rates. Inheriting the in-depth experiences of 31+ years and the large pools of IT Talents from the corporation, CMC Global has proven its cloud capability to world-class and Fortune 500 clients as well as partners through Viet Nam and overseas. 

  • Leading representative in Vietnam: Founded 7 years ago, CMC Global has been listed in Gartner Magic Quadrant for Public Cloud IT Transformation Services.  

  • Top company in APAC: Top company in East Asia listed in Gartner Magic Quadrant’s public cloud managed service provider sector 
  • Asia Pacific’s Top 20: Secured competitive edge as one of the Top 20 companies in Gartner 

CMC Global’s End-to-end Cloudification Services comprise: 

  • Cloud Resell: Navigate the multi-cloud platforms with major names like Azure, AWS, Google Cloud Platform. It also has hybrid-cloud solutions focusing on AWS Outpossts, Microsoft Azure Stack, Google Anthos, and VMware Cloud on AWS 
  • Cloud Advisory & Professional Services: Top three use cases CMC handle are migration to the cloud, cloud managed services, data management and AI 
  • Secure and Compliant Cloud Service Solutions: CMC Multi-Cloud Platform and CMC SecureZone ensure regulatory adherence and robust cybersecurity management for various industries like BFSI (Banking, Financial Services and Insurance), Heathcare, Real Estate, and Manufacturing 
  • On-demand Scalability and Agility: Flexible pricing, integration and management models that incorporate world-class methods, processes, and tools. 

 FPT Software

Founded: 1999 

Country/Region Coverage: Japan, China, Korea, Singapore, Malaysia,  

Philippines, Thailand, Hong Kong, Taiwan, Myanmar, Australia, Vietnam 

Company background: SI 

FPT Software is an IT service company based in Vietnam with over 1,000 customers worldwide. FPT- its parent company, is one of Vietnam’s most famous brands. You can see the brand in many fields of business, from technology services and education to retail. 

FPT Software started offering cloud managed and professional services in 2016. 

  • Competencies: Public cloud including AWS, Microsoft Azure, Google, Alibaba and Oracle Cloud platforms. It also 
  • Industry: Automotive, Manufacturing, Banking, Finance & Insurance, Healthcare 

Viettel IDC

Founded: 2008 

Country/Region coverage: Vietnam 

Viettel IDC offers IT server and equipment management services, including servers, storage networks, security, and more. It commits to assisting businesses save costs and optimizing operational resources on cloud computing infrastructure. 

  • Competencies: Cloud computing and data center 
  • Industry: Public sector, Banking and finance, and so on 

VNG Cloud

Founded: 2014 

Country/Region coverage: Vietnam 

As a member of VNG Corporation, one of the leading technology conglomerates in Vietnam, VNG Cloud has over 9 years of experience in the cloud computing field. 

  • Competencies: Data center and IaaS 
  • Industry: Fintech, Retail, Manufacturing, Security and so on 

 VTI Cloud

Founded: 2017  

Country/Region coverage: Vietnam  

VTI Cloud is a Google Cloud Managed Service Provider 

  • Competencies: Google Cloud Platform, Google Cloud Training 
  • Industry: Manufacturing, Retail, Real Estate, IT Services 

Cloud Ace

Founded: 2016 

Country/Region coverage: Japan, Singapore, Indonesia, Thailand, China, Hong Kong, Vietnam, 

Cloud Ace is a Google Cloud’s Premier Partner and Managed Service Provider in Vietnam 

  • Competencies: Google Cloud Platform, Google Cloud Training, Google Cloud Migration 
  • Industry: Banking & Finance, E-commerce, and so on 

Why choose Vietnam for Cloud Managed Service Outsourcing? 

Talent scarcity is already a matter of fact. The fight for cloud talent will be even tougher tomorrow and having cloud talents will be a competitive advantage for the bank. 

Long gone is the time when India plays the monopoly in IT Outsourcing. Today, many IT outsourcing countries have risen, making the field more competitive than ever. But among such a cut-throat industry, Vietnam is considered a rising tech hub with many achievements and advantages. 

#1 Vietnam has dynamic and tech-savvy human resources. 

Do you know what’s the worst nightmare for IT companies in the times to come?  

Finding high-quality personnel with in-demand skills 

Despite layoffs in the tech sector, companies continue to struggle to secure the technical talent necessary to advance newer, more innovation-focused initiatives. Business leaders highlighted 2 particularly challenging areas:  

  • Finding individuals with highly sought-after technical skills 
  • Supporting younger workers in adapting to an evolving workplace. 

A large and promising talent pool: With an intensive budget for STEM education, Vietnam promises 500,000+ tech personnel working in IT-related sectors.  

Professional IT engineer workforce: Vietnam ranked 7th following Global Service Location Index in 2023 and among the countries with the highest-qualified developers by TopCoder (TopDev, 2023). This reflects the outstanding improvement of Vietnamese’s competency compared with international counterparts 

English Proficiency: Vietnam’s proficiency in English ranked 7th in Asia and 58th worldwide in the EF English Proficiency Index 2023 (higher position than India, China, and Indonesia) 

#2 Competitive Pricing 

The main advantage that CMC Global’s customers enjoy is reduced costs, especially cloud migration service costs. Currently, the average salary of a Vietnamese developer is more competitive in comparison to India, Philippines, Malaysia and Uzbekistan, accompanied with equivalent high quality and capacity power. 

See details in our insightful report: Unlocking Vietnam’s Potential: Bridging the Global Tech Talent Gap. 

#3 Strong presence of global tech giants 

In recent years, Vietnam has been regarded as the next “Silicon Valley” of the Southeast Asia region.   

For example, NAB Vietnam helps NAB (Australia’s second largest bank by market capitalization) to deliver innovative technology and digital solutions which improves the experience for its 10 million plus customers. 

Other tech companies from Hongkong (like Lenovo) and Japan (like Sharp, Nintendo, and Komatsu) plan to move their production to Vietnam. For several years, Vietnam’s software industry has grown at an impressive rate of 10% per year. 

Conclusion 

Above are our Top cloud managed service providers in Vietnam so that you can pick the right service provider to fit your project and budget. All in all, in 2024, Vietnam can truly be your new perfect destination for cloud manage service outsourcing. The customers coming to Vietnam to cooperate in software development are very diverse, from startups, young businesses entering the market, or huge and multinational corporations. For more information about Cloud Managed Service or quotes for any service, please contact us, and CMC Global will get back to you quickly!