When Vietnam first began outsourcing software development services, companies faced challenges building trust and brand recognition globally.

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Last June it signed a deal with Microsoft and an arm of the Chinese government to create a software joint venture that will supply IT outsourcing services and employ 5, 000 people outside Beijing.

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Last June it signed a deal with Microsoft (nasdaq: MSFT - news - people ) and an arm of the Chinese government to create a software joint venture that will supply IT outsourcing services and employ 5, 000 people outside Beijing.

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Note that our definition of the global tech market in this report includes business and government purchases of computer equipment, communications equipment, software, IT consulting services, and IT outsourcing and hardware maintenance services, but does not include purchases of telecommunications services.

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That is below the projected growth rate for the outsourcing services industry--the National Association of Software and Services Companies forecasts the industry's revenue to increase 12%-14%.

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Their bet is that India will be an outsourcing centre not just for software but for call centres and other back-office services that can be delivered by wire.

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It offers outsourcing services to clients interested in developing credit scoring systems as well as selling software for a client to use in-house.

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