Indian technology major HCL expands into Vietnam market

22 December 2020 3 min. read

HCL has added to its global presence in 30 plus countries with a new delivery centre in Hanoi, Vietnam. The tech services giant is focused on Vietnam’s vast pool of digital talent.

“Vietnam and its skilled youth have the true potential to develop a robust IT industry, which is spearheading economic growth in the country,” noted HCL Technologies Corporate Vice President Sanjay Gupta. The firm aims to recruit more than 3,000 locals – spanning graduates and experienced professionals – over the next three years.

The goal is to build a significant, highly skilled workforce in what is among the most vibrant technology markets in Asia. With its local base, HCL will be well positioned to serve a host of businesses investing in Industry 4.0 technologies within Vietnam, across Asia, and around the world.

Indian technology major HCL expands into Vietnam market

“With our approach to valuable partnerships and our ideapreneurship culture, we are aiming to provide the best-in-class digital innovation and support to our global clients with the help of the local talent pool,” said Gupta. The Hanoi delivery centre will focus on advanced tech solutions across sectors – spanning financial services, healthcare, infrastructure, engineering and cybersecurity.

With the new centre, HCL takes its global presence to more than 50 countries, covering most major economies in the Asia Pacific region – Australia, New Zealand, India, Japan, China, Hong Kong, Singapore, Malaysia, Philippines, Indonesia and now Vietnam. The India-headquartered tech giant has a global workforce of over 150,000 professionals from more than 150 nationalities, generating revenues of nearly $10 billion as of September this year. 

Skills focus

For Vietnam, the move is an opportunity for an unprecedented job creation drive. Young graduates and mid-career professionals will have the chance to work at the cutting edge of technology, delivering solutions for major businesses worldwide.

On December 19th, HCL kicked off its recruitment campaign in Hanoi with a virtual Job Fair, aimed at attracting interest from the local workforce.

“We are excited to begin our operations in Vietnam. We are fully prepared and committed in bringing new opportunities for both young and experienced talent, to work for a leading global technology company without having to move out of their home country,” said Gupta.

HCL’s entry will also help Vietnam fuel its economic recovery from Covid-19. The country has been among the most resilient in Asia during the crisis, fortified by strong economic fundamentals and high growth momentum before 2020. According to a McKinsey & Company report, the country could resume pre-crisis growth levels by as soon as next year.

Vietnam’s Vice Minister for Information and Communications Phan Tam lauded the value of HCL’s entry as a harbinger of a highly relevant skill set. “I’m delighted that a global company like HCL Technologies will kick start its operations in Vietnam. I am confident that the kind of world-class platform and exposure this company will be providing to our talented resources through its global delivery centre will help in nurturing and building skills that are much needed in today’s digital age.”