VietSoftware international

What VietSoftware international does

VietSoftware International (VSII) is a Hanoi-headquartered, Vietnam-domiciled private software development and IT outsourcing company founded in 2006, with approximately 250 employees including 200+ engineers and additional offices in Tokyo (VJP, established 2015) and Da Nang. The company delivers custom software development, maintenance, testing, system integration, and digital transformation services to enterprise clients in the US, Japan, and Europe, with a dedicated IBM Offshore Development Center running 82+ engineers under a partnership dating to 2003. It charges US$25–US$70/hour and emphasizes banking and finance (35% of industry focus), where it implements SOA/ESB middleware, core banking, and loan origination systems for major Vietnamese financial institutions using TIBCO and IBM technology stacks.

VSII operates a hybrid revenue model. Services revenue (outsourcing, system integration, consulting) is delivered primarily through direct enterprise sales, strategic partnerships (IBM, TIBCO, ITO.C cluster, Engage META, LZT Vietnam/ViniCorp), and a Japan-dedicated subsidiary. Alongside services, it has built and is actively expanding a portfolio of proprietary SaaS and platform products — including the micrOak microservices platform, TraXem SCM/Agri/Light for blockchain-based supply chain traceability, emPL for encrypted payslip delivery, Authgate.One for SSO, and AI-enabled offerings such as eMedia.AI (multimedia detection), emTeller.AI (chatbot), and entGPT.AI (local generative AI) — shifting part of the business toward subscription-style recurring revenue.

The company maintains ISO 9001:2008 (2012) and ISO 27001:2013 (upgraded 2015) certifications, is a member of VINASA, and has been ranked among the Top 30/40 IT companies in Vietnam and Top 5% of IBM GPSG global suppliers. Ownership is founder-led (Le Xuan Hai, now Chairman), with a strategic CEO transition to Ha Khanh Tung effective July 2025 alongside the 20th anniversary. The company has had one disclosed external capital event — SEAF mezzanine financing in 2009 — and remains privately held with no parent company or public listing identified.

Name

VietSoftware international

Legal name

VietSoftware International (VSII)

Website

https://vsi-international.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Short description

VietSoftware International is a Hanoi-based software outsourcing and system integration company serving enterprise clients in the US, Japan, and Europe, with 250+ engineers and a long-running IBM offshore development partnership, complemented by a growing portfolio of proprietary SaaS products in supply chain traceability, payroll, SSO, and AI.

Ownership category

akta.pro rank

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Outsourcing Services: Providing comprehensive software development services including research, development, completion of software and mobile applications, migration & maintenance, and software testing. Operating as dedicated offshore development center for clients in USA, Japan, and Europe.
2. System Integration: Consulting and implementing solutions to modernize systems for business needs, particularly in finance and banking sectors. Includes SOA/ESB, BPM, ECM and B2B Gateway solutions.
3. Digital Transformation: Applying modern technology including AI/ML, Blockchain, API for digital transformation software solutions with customization capabilities across various business fields.
4. Proprietary Software Products: Revenue from proprietary SaaS products including emPL (payroll slips), TraXem SCM (supply chain management), eMedia.AI (AI services), and other enterprise tools.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Vietnam-headquartered IT services firm providing software outsourcing, dedicated offshore development centers, and digital transformation consulting to enterprise clients worldwide, with a strong focus on banking, insurance, and financial services system integration. Develops and markets a portfolio of proprietary SaaS products including TraXem SCM for QR/blockchain-based supply chain traceability, emPL for encrypted payroll delivery, Authgate.one for SSO authentication, eMedia.AI for multimedia detection, and the micrOak microservice platform.

Product overview

VietSoftware International is a Vietnam-based IT outsourcing company that has developed a portfolio of proprietary SaaS products and platforms. The core products include TraXem SCM for supply chain management with QR codes and blockchain, emPL for encrypted payslip delivery, and Authgate.One for SSO authentication. AI-powered offerings include eMedia.AI for multimedia detection, emTeller.AI for chatbot services, and entGPT.AI for local generative AI. The TraXem product family includes TraXem Agri (agricultural traceability), TraXem Light (SME-focused), and TraXem SCM (full supply chain management). Supporting products include Vtrailer for video production, ace CRM for project management, instantview for reporting, and Flockface for tourist communication. The company also offers IT outsourcing services including software development, system integration, and digital transformation consulting.

Differentiator

Problem solved

Functional benefit

Products and services

• TraXem SCM QR Code-based supply chain management tool that digitizes product lifecycle from packaging through distribution and warranty, using blockchain for secure transparent data storage. Designed for manufacturers and distributors needing end-to-end product traceability.
• emPL Email encrypted payslip Web SaaS for SMEs that automates sending of payslips and receipts via email and Zalo with password protection. Sold via annual subscription tiers in VND.
• Authgate.One Single Sign-On (SSO) platform for SaaS developers and businesses, providing authentication capability for online software applications.
• eMedia.AI AI e-media platform providing multimedia detection services including human face detection, object image filtering, and speech recognition for content extraction and identification.
• TraXem Agri QR Code-based solution for agricultural production origin tracking, enabling producers to manage crop processes and verify product authenticity.
• TraXem Light Simplified QR code-based product management and traceability solution designed for SME businesses and individual traders.
• micrOak Proprietary microservice platform for transactional enterprise systems, used by VSII to build scalable enterprise applications.
• emTeller.AI AI Chat tool providing automated conversational AI for customer care and support.
• eMedia.Ciao AI check-in system using facial recognition and identification technology for automated visitor check-in.
• entGPT.AI On-premise Chat GPT deployment providing local generative AI for conversational interactions in enterprise environments.
• BPMCA Project Collateral Assets management process tool for managing and tracking project documentation and assets.
• Vtrailer.vn Auto-trailer production tool for automated video creation and editing.
• ace CRM Project CRM tool for managing customer relationships and project collateral assets.
• instantview Project reporting tool for creating and managing project reports and analytics.
• Flockface Group communication app for tourists enabling visitor engagement and communication during tours.
• Software Outsourcing and Offshore Development Center Services Comprehensive software development and outsourcing services, including research, development, completion of software and mobile applications, migration and maintenance, software testing, and dedicated offshore development center operation for clients in the USA, Japan, and Europe. Billed at US$25-US$70/hour.
• System Integration Consulting Consulting and implementation of solutions to modernize enterprise systems, particularly in finance and banking, covering SOA/ESB, BPM, ECM, and B2B gateway solutions delivered via the TIBCO partnership.
• Digital Transformation Consulting Application of modern technologies, including AI/ML, Blockchain, and APIs, to deliver customized digital transformation software solutions across multiple business fields.

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature12 records

Partnerships

Six partnerships are on record, tiered strategic and core.

• Engage METAstrategicStrategic or Co-development Partner · 5 July 2024Partnership focused on developing advanced technology solutions including AI/ML, Blockchain and API to support digital transformation for businesses.
• LZT Vietnam and ViniCorpstrategicStrategic or Co-development Partner · 12 December 2016Three-party cooperation agreement signed on December 12, 2016 between VSII, LZT Vietnam, and ViniCorp for IT outsourcing services to Japanese market. Focus on training quality IT human resources with Japanese language skills, sharing project opportunities, and establishing engineer standards for Japanese market.
• TIBCOcoreTechnology or Integration · 1 January 2010Partnership for middleware integration and consulting services established in 2010. VSII is a TIBCO partner for SOA/BPM implementations in Vietnam's middleware system integration and consulting market.
• IBM USAcoreStrategic or Co-development Partner · 1 January 2003Strategic partnership established in 2003 for software outsourcing services. VSII operates as IBM's dedicated offshore development center, with the IBM ODC project managing 82+ engineers. VSII is recognized as top 5% IBM GPSG Global Supplier worldwide. The partnership has expanded to include enterprise mobility innovation and multiple technology areas over 20+ years.
• ITO.C ClustercoreChannel Partner/ Reseller/ DistributorITO.C is a collaboration between leading IT outsourcing service providers in Vietnam to meet worldwide customer needs with large quantity, high quality, and competitive pricing. VSII is part of this cluster providing comprehensive technology solutions.
• VINASAstrategicOthersVSII is a member of VINASA (Vietnam Software & IT Services Association), Vietnam's IT industry association.

Scale indicators10 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• CMC Corporation: CMC Corporation is one of Vietnam's leading IT groups providing system integration, software outsourcing, and digital transformation services to enterprise and government clients in Vietnam and abroad.
• Rikkeisoft: Rikkeisoft is a Vietnam-headquartered IT services and software outsourcing company with offshore development centers serving Japan and US enterprises; comparable in scale, service breadth and Japan market focus.
• KMS Technology: KMS Technology operates Vietnam-based software outsourcing and QA services with US headquarters, pursuing the same enterprise offshore development model as VSII with strong delivery centers in Ho Chi Minh City.
• TMA Solutions: TMA Solutions is a Vietnam-based software outsourcing and product engineering firm with a comparable engineering headcount and service mix (custom development, QA, maintenance) targeting US, EU and Asia-Pacific clients.
• Vinova: Vinova is a Vietnam-based software development and consulting firm serving SMB and mid-market clients with similar custom software, mobile, and digital transformation offerings.
• Bachasoft (BTS Group): Bachasoft (BTS Group) is a Japanese-standard software outsourcing firm in Vietnam with Da Nang operations and Japan delivery centers, closely matching VSII's Japan-market outsourcing orientation.
• FPT Software: FPT Software is Vietnam's largest IT outsourcing and software services firm, offering custom development, system integration, and digital transformation to global enterprises across the US, Japan and Europe—the same markets and capabilities VSII serves.
• Axon Active Vietnam: Axon Active operates Swiss-Vietnamese offshore software development centers delivering outsourced engineering and QA services—a comparable cross-border outsourcing model targeting European mid-market clients.

Broad incumbents

• Tata Consultancy Services (TCS): TCS is a global IT services and consulting giant that competes with VSII for enterprise outsourcing and digital transformation engagements across banking and insurance verticals.
• Infosys: Infosys is a global system integrator and IT outsourcing incumbent whose banking, financial services and digital transformation practices compete with VSII's enterprise services portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCbzgyuU8XqBu2g-Y0TvPiag
• Facebookfacebook.com/VSII.Fanpage
• LinkedInlinkedin.com/company/vietsoftware-international
• TikToktiktok.com/@vsii_official

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VietSoftware international