Top 10 AI Development Companies in Vietnam 2024

Artificial intelligence (AI) is swiftly transforming numerous sectors globally, with Vietnam being no exception. The nation’s technology sector is experiencing swift growth, with numerous Vietnamese AI firms establishing themselves as frontrunners in the market. These companies are leveraging advanced AI technologies to innovate solutions tailored to diverse business requirements.

The presence of a highly skilled and technology-savvy labor force in Vietnam creates an ideal environment for the development of AI companies. Let’s explore the best AI development companies in Vietnam in 2024 in the following blog post.

1. Top AI Development Companies in Vietnam 

Sphinx Jsc

SPHINX is a leading IT company headquartered in Vietnam along with international branches located in South Korea and Australia.
With an expert team boasting over 10 years of experience, collaborating with 100+ clients world wide, SPHINX offers IT outsourcing services in diverse domains, ranging from SAP, ERP & CRM solutions, Custom Software Development, Web & Mobile Apps, to Blockchain and AI. SPHINX sets a clear vision to become a leading SAP solution provider and custom software development enterprise in Southeast Asia.
The SPHINX team consistently positions ourselves as a reliable technology partner, dedicated to delivering optimal and cost-effective solutions for your business. Furthermore, Sphinx JSC holds a position in the Top Software Development Companies at GoodFirms.

Service lines provided

• Custom Software Development: 30%
• Mobile App Development: 20%
• Web Development: 20%
• AI Development: 10%
• Blockchain: 10%
• CRM Consulting and SI: 10%

AI Focus

• Machine Learning: 30%
• Natural Language Processing: 25%
• Chatbots & Conversational AI: 20%
• Robotics: 10%
• AI Recommendation Systems: 5%
• Cognitive Computing: 5%

Industries

• Information technology: 15%
• Medical: 15%
• Retail: 15%
• eCommerce: 15%
• Arts, entertainment & music: 10%
• Hospitality & leisure: 10%
• Education: 5%
• Gaming: 5%
• Manufacturing: 5%
• Real estate: 5%

Clients

• Small Business (<$10M): 50%
• Enterprise (>$1B): 25%
• Midmarket ($10M – $1B): 25%

Saigon Technology

Saigon Technology stands at the forefront of global custom software development, rooted in the vibrant cities of Ho Chi Minh and Da Nang, Vietnam. Founded in 2012, the company boasts a strong team of over 400 premier software engineers, backed by a well-established process.

Service lines provided

• Custom Software Development: 20%
• IT Staff Augmentation: 20%
• Mobile App Development: 20%
• Web Development: 20%
• AI Development: 10%
• Enterprise App Modernization: 10%

AI Focus

• Chatbots & Conversational AI: 20%
• Machine Learning: 20%
• Natural Language Processing: 20%
• Voice and Speech Recognition: 15%
• AI Recommendation Systems: 10%
• Computer Vision: 10%
• Cognitive Computing: 5%

Industries

• Automotive: 10%
• Business services: 10%
• Consumer products & services: 10%
• Financial services: 10%
• GPS, Navigation & GIS10: %
• Information technology: 10%

Clients

• Small Business (<$10M): 45%
• Midmarket ($10M – $1B): 40%
• Enterprise (>$1B): 15%

Waverley Software

Waverley is a global software development company with offices worldwide, creating innovative solutions for sectors like Robotics, Smart Home, FinTech, and Healthcare. Their award-winning products target both established tech leaders and startups, aiming to inspire, solve global challenges, and positively impact individuals’ lives, aligning with their mission.

Service lines provided

• AI Development: 45%
• Custom Software Development: 20%
• IT Staff Augmentation: 15%
• Cloud Consulting & SI: 10%
• IoT Development: 10%

AI Focus

• Chatbots & Conversational AI: 20%
• Machine Learning: 20%
• Natural Language Processing: 20%
• Robotics: 20%
• Computer Vision: 10%
• Voice and Speech Recognition: 10%

Industries

• Education: 30%
• Financial services: 30%
• Medical: 30%
• Retail: 10%

Clients

• Midmarket ($10M – $1B)50%
• Enterprise (>$1B)40%
• Small Business (<$10M)10%

VMO Holdings

VMO Holdings comprises a vibrant team of youthful professionals who are deeply enthusiastic about technology and software development. With more than nine years in the industry, this AI firm located in Vietnam focuses on crafting and enhancing mobile apps and websites. Their team includes product specialists, design gurus, development prodigies, and testing experts.

Service lines provided

• Custom Software Development: 40%
• IoT Development: 20%
• Web Development: 20%
• AI Development: 10%
• Mobile App Development: 10%

Industries

• Information technology: 25%
• Medical: 20%
• Other industries: 20%
• Financial services: 15%
• Supply Chain, Logistics, and Transport: 10%
• eCommerce: 10%

Clients

• Midmarket ($10M – $1B): 40%
• Enterprise (>$1B): 35%
• Small Business (<$10M): 25%

Newwave Solutions

For over a decade, Newwave Solutions has continuously evolved, expanding its operations to include two offices in Japan and Vietnam. This custom software development company is powered by a growing team of 300 dedicated employees, all focused on delivering efficient solutions tailored to client requirements.

As a prominent AI firm in Vietnam, Newwave Solutions doesn’t just provide enduring services in software development, including Web, App, and Mobile development, along with UI/UX design and QA & Testing; it also pioneers in crafting effective strategies for emerging technologies such as Blockchain development and IoT.

Service lines provided

• Blockchain: 30%
• CRM Consulting and SI: 30%
• Custom Software Development: 30%
• Web Development: 10%

Industries

• Financial services: 25%
• Real estate: 25%
• Business services: 10%
• Education: 10%
• Information technology: 10%
• Medical: 10%
• eCommerce: 10%

Clients

• Midmarket ($10M – $1B): 60%
• Enterprise (>$1B): 30%
• Small Business (<$10M): 10%

BHSoft

Bac Ha Software Co., Ltd. (BHSoft), a leading software development firm in Vietnam, operates under the umbrella of BHTech, primarily concentrating on delivering software development services. Since its inception in 2014, BHSoft has consistently provided services to an international clientele from several countries such as those in Europe, the Americas, Singapore, and Japan.

Service lines provided

• Custom Software Development: 30%
• Application Management & Support: 15%
• Enterprise App Modernization: 15%
• Mobile App Development: 15%
• AI Development: 10%
• Web Development: 10%
• AR/VR Development: 5%

AI Focus

• Machine Learning: 50%
• Natural Language Processing: 40%
• Chatbots & Conversational AI: 10%

Industries

• Information technology: 55%
• GPS, Navigation & GIS: 10%
• Supply Chain, Logistics, and Transport: 10%
• eCommerce: 10%
• Energy & natural resources: 5%
• Government: 5%
• Real estate: 5%

Clients

• Small Business (<$10M): 80%
• Midmarket ($10M – $1B): 20%

CodLUCK Technology ., JSC 

CodLUCK provides a wide array of services leveraging cutting-edge technology such as AI, blockchain, and low-code platforms to support enterprises in the era of digitization. Operating through two main divisions, CodLUCK Technology and CodLUCK Japan, we harness the unique capabilities of each entity to efficiently and adaptively tackle projects of significant complexity and scale.

Service lines provided

• AI Development: 30%
• Custom Software Development: 20%
• Mobile App Development: 15%
• Web Development: 15%
• Generative AI: 10%
• CRM Consulting and S: I5%
• ERP Consulting and S: I5%

AI Focus

• Machine Learning: 35%
• Chatbots & Conversational AI: 25%
• Natural Language Processing: 15%
• AI Recommendation Systems: 10%
• Computer Vision: 10%
• Voice and Speech Recognition: 5%

Industries

• Automotive: 25%
• Information technology: 25%
• Manufacturing: 10%
• Advertising & marketing: 5%
• Education: 5%
• Media: 5%

Clients

• Enterprise (>$1B): 45%
• Midmarket ($10M – $1B): 35%
• Small Business (<$10M): 20%

BEETSOFT

BEETSOFT, founded in 2014, operates as a global IT Outsourcing and Consulting firm headquartered in Vietnam and Japan. We are dedicated to serving over 250 small and medium-sized enterprises (SMEs) and multinational corporations (MNCs) around the globe, offering them innovative services and affordable technological solutions aimed at sustainable progress.

Service lines provided

• Web Development: 35%
• Mobile App Development: 25%
• Custom Software Development: 20%
• E-Commerce Development: 15%
• IT Strategy Consulting: 5%

Industries

• Gaming: 15%
• Information technology: 15%
• Consumer products & services: 10%
• Financial services: 10%
• Medical: 10%
• Other industries: 10%

Clients

• Midmarket ($10M – $1B): 50%
• Small Business (<$10M): 35%
• Enterprise (>$1B): 15%

Ekotek

Ekotek stands as your reliable ally in software development, with proud roots in Vietnam, Japan, and the US, catering to a worldwide clientele from burgeoning startups to substantial corporations. Offering a diverse portfolio, Ekotek possesses deep knowledge in crafting custom software, as well as developing web and mobile applications, blockchain technology, and artificial intelligence solutions.

Service lines provided

• Blockchain: 40%
• Custom Software Development: 30%
• Web Development: 25%
• Mobile App Development: 5%

Industries

• Arts, entertainment & music: 20%
• Financial services: 20%
• Gaming: 20%
• Information technology: 10%
• Real estate: 10%
• Retail: 10%

Clients

• Midmarket ($10M – $1B): 75%
• Enterprise (>$1B): 15%
• Small Business (<$10M): 10%

LTS Global Digital Services

LTS GDS operates within the LTS Group’s technological service network, previously known as Lotus Quality Assurance (LQA), the precursor to the LTS Group. Our portfolio includes a wide range of digital BPO services designed to assist SMEs in enhancing service quality while reducing expenses.

Service lines provided

• Call Center Services: 20%
• Content Moderation Services: 20%
• Data Annotation Services: 20%
• IT Managed Services: 20%
• Robotics Process Automation: 20%

Industries

• Automotive: 30%
• Financial services; 20%
• Supply Chain, Logistics, and Transport: 15%
• Retail: 10%
• eCommerce: 10%
• Manufacturing: 5%
• Medical: 5%
• Other industries: 5%

Clients

• Midmarket ($10M – $1B): 60%
• Small Business (<$10M): 30%
• Enterprise (>$1B): 10%

2. Why choose AI Development Companies in Vietnam?

Vietnam has become an attractive destination for outsourcing AI projects due to a variety of factors:

A sizable and expertly trained labor force: Vietnam boasts a substantial and proficient labor pool, attributed to its annual production of over 70,000 engineering graduates, a significant number of whom excel in AI and related technologies. Furthermore, the cost of talent in Vietnam is relatively low compared to other nations, presenting an appealing proposition for companies looking to develop AI technologies.

Government initiatives that offer support: The government of Vietnam has shown a significant dedication to the growth of its technology industry, especially in the area of artificial intelligence (AI). Furthermore, it has implemented various strategies to foster the growth of AI enterprises within the country, including financial support for research and development activities, as well as tax breaks for companies engaged in AI development in Vietnam.

Challenging commercial environment: The technology industry in Vietnam is witnessing a rapid transformation, driven by the growing presence of both startups and established companies, leading to a vibrant and competitive business landscape.

A study by Oxford Insights on the Government AI Readiness Index showed that Vietnam improved its score to 54.48 in 2023, up from 53.96 in 2022. Furthermore, Vietnam advanced past the Philippines to secure the 5th rank among the 10 ASEAN nations, marking an upward move from its position the previous year. Therefore, Vietnam presents itself as an optimal destination for AI companies to experience swift and robust growth.

Read more: 

• How to Build an AI/ML Model Business in 7 Steps?
• How does AI transform business Customer Experiences (CX)?
• Shaping the future of business: The Rise of ArtificiaI Intelligence and Machine Learning