The concept of outsourcing must have been no more strange to technology businesses in Vietnam. In developed countries such as Japan, China, the US, outsourcing is a method of saving labor costs but still ensuring project quality. In Vietnam, outsourcing creates conditions for domestic enterprises to learn from advanced technology countries and build close relationships with foreign enterprises. Therefore, since the 2000s, the Outsource model has increasingly expanded and popularized throughout Vietnam. However, Offshore Development Center (ODC) - one of the often used Outsource sub models is quite unfamiliar to many people. In this article, we will explain in detail about ODC and its future potential.
First of all, how could we understand the definition of ODC?