List of 17+ blockchain companies in Vietnam – a useful handbook for businesses
Below is a detailed table showcasing the top blockchain companies in Vietnam, based on various industry ratings and reviews. This will help businesses identify and select the most suitable partners for their blockchain needs.
*Note: This table provides companies listed with prices arranged from low to high.
| Company Name | Years of experience | Team size | Ratings | Pricing | Notable clients |
|---|---|---|---|---|---|
| Synodus | 5 | 250 – 999 | 5/5 | $16 – $30/hr | Unilever, KPMG, BOC Aviation, Vietcombank, Techcombank |
| Adamo Software | 6 | 50 – 249 | 4.8/5 | < $25/hr | Destine, Dishdash, Splzy |
| Newwave Solutions Jsc | 13 | 250 – 999 | 5/5 | < $25/hr | VinID, UNDP, Onkyo, T-Sky, GeekyAnts |
| Relia Software | 13 | 50 – 249 | 5/5 | < $25/hr | Google, ABS, Abbott |
| TPS Software Corp | 8 | 50 – 249 | 5/5 | < $25/hr | Toshiba, Viettel, Vinfast |
| Kaopiz | 10 | 250 – 999 | 5/5 | < $25/hr | Sprix, Tesco, Thaco |
| AgileTech Vietnam | 9 | 50 – 249 | 4.4/5 | < $25/hr | Tiktok, Mint medical |
| TopSquad | 16 | 50 – 249 | 4.9/5 | < $25/hr | Cetus Capital, Reflex, AgileTest |
| SotaTek | 9 | 250 – 999 | 5/5 | $25 – $49/hr | Viettel, Casper, Proximax |
| Savvycom | 15 | 250 – 999 | 4.8/5 | $25 – $49/hr | LG, RMIT, Lightspeed |
| HolaTech | 2 | 10 – 49 | 4.8/5 | $25 – $49/hr | Voyage, VIB, Utecko |
| Sphinx | 4 | 50 – 249 | 5/5 | $25 – $49/hr | VPBank, TPBANK, MB, FPT |
| SparkMinds J.S.C | 3 | 10 – 49 | 5/5 | $25 – $49/hr | N/A |
| UPZOOM | 4 | 50 – 249 | 5/5 | $25 – $49/hr | Vietnam airlines, Bookee, Transwap |
| FALI Technology JSC | 4 | N/A | 4.8/5 | $50 – $99/hr | Horizonland, Chainos Solution JDC |
| Titan Technology Corporation | 11 | 50 – 249 | 5/5 | $100 – $149/hr | MindGeek, ECO, MobileIron |
| Webisoft | 8 | 10 – 49 | 5/5 | $50 – $99 / hr | Styllar, Impermax, Kryptik |
Top 4 outstanding candidates on the list
Transitioning from our extensive list, let’s delve into the top 5 candidates. These companies stand out due to their exceptional performance, innovative solutions, and positive client reviews. Here’s what sets them apart from the other competitors:
- Proven track record of successful projects and client satisfaction.
- Specialized expertise in diverse industries, providing tailored blockchain solutions.
- Strong focus on innovation and continuous development in blockchain technology.
1. Synodus
Synodus has established itself as a cost-efficient leader in the blockchain industry in Vietnam, boasting 9 years of experience in blockchain development. The company has successfully raised $50M+ through its blockchain solutions, catering to a diverse clientele that includes startups and Fortune 500 companies such as Unilever, KPMG, and Boc Aviation.
What are the advantages when working with Synodus?
- Cost effective: with hybrid delivery method combined with fixed cost model, Synodus provides transparency, eliminate hidden costs, allowing clients manage their budgets effectively while receiving top-tier services.
- Faster time-to-market: using lean startup technique, Synodus help clients launch their products as quickly and efficiently as possible.
- Partnership approach: Synodus builds win-win relationships, acting as a strategic advisor to shape products and guide decisions based on client goals.
- English proficiency: Synodus’s team is proficient in English with C1 level, effectively overcoming common language barriers and ensuring smooth, effective communication.
Their blockchain services: Enterprise Blockchain Solutions, DeFi Solutions, DApps Development, NFT Development, RWA Tokenization Solutions, Smart Contract Development & Audit.
Their tech stack: Ethereum, Hyperledger, and various programming languages like Solidity and JavaScript.
The best blockchain case study:
Synodus partnered with an e-wallet startup aiming to capture 3 million users by 2023. Their team delivered a robust digital e-wallet with an intuitive interface and multi-layer security for seamless international transactions. Following the launch, the client significantly increased their market presence and successfully attracted new users.
What clients appreciate about their blockchain service:
Fortune 500 clients appreciate Synodus for its timely delivery and unique expertise. The company’s great project management and transparent communication foster strong partnerships. Also, Synodus adheres to security standards and regulatory compliance to reinforce trust.
Min project size: $5,000+
2. SotaTek
Founded in 2015, SotaTek has established itself as a key player in the tech space, driven by a team of 1000+ in-house headcounts and a portfolio of 350+ projects across 21+ nations. The company has an estimated revenue of $50M-$100M.
What are the advantages when working with Sotatek?
- Expert team: With a workforce of over 1,000 technology engineers, SotaTek boasts one of the largest blockchain development teams in Southeast Asia. This team possesses deep expertise in various blockchain technologies.
- Award-winning expertise: SotaTek has been recognized with multiple awards, including the Top #1 Blockchain Development Services Provider for both 2021 and 2022 by Top 10 ICT, and Clutch #1 Blockchain Development Company.
- Strong client relationships: With a focus on clear communication and adaptability, SotaTek has built lasting partnerships with over 250 clients across various industries.
- Proven reliability: The company has consistently demonstrated its ability to deliver high-quality solutions on time, as evidenced by client testimonials stating that SotaTek often completes projects ahead of schedule while maintaining good quality standards.
Their blockchain services: Custom Blockchain Development, dApps Development, Smart Contract Development, Cryptocurrency Exchange Development, NFT Marketplace Creation
Their tech stack: Cosmos SDK, IBC, CometBFT, Programming languages like Rust and JavaScript
The best blockchain case study:
SotaTek boasts its successful creation of an IDO platform that facilitates initial DEX offerings for various projects. This platform has enabled clients to raise significant capital while ensuring compliance and security.
What clients appreciate about their blockchain service:
Clients value SotaTek for its timeliness. They also appreciate the effective communication, unique blockchain expertise, and deep understanding of client needs that enable them to deliver tailored solutions with minimal issues.
Min project size: $10,000+
3. Savvycom
Savvycom specializes in custom software solutions and blockchain technology. Founded in 2009, the company has grown to employ over 700 professionals and has established a strong presence in both local and international markets, notably in Australia and the U.S.
What are the advantages when working with Savvycom?
- Proven track record: With over 15 years of experience in software development, Savvycom has successfully delivered more than 400 projects across various industries, including healthcare, finance, and education.
- High-quality deliverables: Clients appreciate the quality of work provided by Savvycom, with feedback indicating high satisfaction levels.
- Efficient project management: The company employs robust project management methodologies to ensure timely delivery and effective communication throughout the project lifecycle.
- Recognition: Savvycom has received more than 20 international awards. These awards recognize its excellence and innovation. This also indicates a consistent delivery of products and services meeting international standards.
Their blockchain services: Blockchain Consulting, Smart Contract Development, Cryptocurrency Exchange Development, Wallet Development
Their tech stack: Ethereum, Hyperledger, Node.js, Python, Golang, React.js, Angular, MongoDB, PostgreSQL, Amazon Web Services (AWS)
The best blockchain case study:
Savvycom partnered with Morpheus Labs Pte Ltd, a Singapore-based blockchain solution company. Together, they developed a secure mobile application for Morpheus Labs’ end client. The collaboration resulted in a user-friendly app that enhanced security and enabled future scalability. Pei-Han Chuang, CEO of Morpheus Labs, praised Savvycom’s quality and professionalism.
What clients appreciate about their blockchain service:
Clients consistently praise Savvycom for their project management and work quality. They commend the team’s professionalism and timely project completion, alongside appreciating open communication. Plus, clients value its flexibility and commitment to understanding their needs.
Min project size: $50,000+
4. HolaTech
Hola Tech operates from 2 offices in Vietnam and boasts a team of over 30 professionals. With a focus on SDaaS and blockchain technology, Hola Tech has successfully completed more than 40 projects across various sectors, including finance, healthcare, retail, real estate, logistics, and education.
What are the advantages when working with Holatech?
- Expertise in smart contract development: Hola Tech is proficient in developing smart contracts. Their deep understanding of smart contract standards and protocols allows them to create robust, efficient contracts tailored to specific business needs.
- Full-cycle services: Hola Tech offers comprehensive services encompassing the entire development lifecycle. This includes initial consulting, design, development, integration, and ongoing support to ensure a seamless experience for clients.
- Timely delivery: Clients appreciate the company’s commitment to meeting deadlines consistently.
- Scalability: The solutions provided by Hola Tech are designed to scale with business growth. This way, clients can adapt to market demands without needing extensive rework or additional investments.
Their blockchain services: Blockchain Development, Smart Contract Development, NFT Marketplace Creation, dApp Development, Tokenization Services
Their tech stack: Solidity, JavaScript, Python, React, Node.js, Truffle Suite, MongoDB, PostgreSQL, Ethereum, Binance Smart Chain, Hyperledger
The best blockchain case study:
Hola Tech is developing a cryptocurrency wallet app for the blockchain company Status App, emphasizing user-friendly design and security features. Launched in 2023, the app has boosted user adoption and transaction volumes, earning top ratings in quality and project management.
What clients appreciate about their blockchain service:
Clients have praised Hola Tech for timely delivery, great project management, and innovative solutions, aside from strong communication and high-quality work. Besides, they appreciate the team’s understanding of client needs, attention to detail, and ability to exceed expectations.
Min project size: $5,000+
5. Webisoft
Established in 2016, Webisoft has rapidly gained traction worldwide and is now focusing on the Asia-Pacific region, with a particular emphasis on Vietnam. Known for their expertise in blockchain and digital transformation, Webisoft operates through a remote-first model that allows them to serve clients across borders seamlessly.
What are the advantages when working with Webisoft?
- Tailored solutions: Webisoft offers highly customized blockchain solutions, with a focus on understanding client needs through comprehensive market research and analysis.
- Diverse expertise: Their team is proficient in various blockchain protocols including Ethereum, Solana, and Hyperledger. This allows them to handle projects across different platforms more effectively.
- Strong client satisfaction: Many projects have been delivered on time, leading to high client satisfaction. For instance, companies like Montefusco HVAC and Digital Doors praised Webisoft for their effective communication and alignment with company values.
- Agile development practices: The company employs agile and lean development methodologies to enhance flexibility and responsiveness throughout the project lifecycle. This approach enables Webisoft to adapt quickly to changing requirements.
Their blockchain services: Custom Blockchain Development, Smart Contract Development, NFT Marketplace Creation, dApp Development, Blockchain Consulting
Their tech stack: Ethereum, CosmWasm, Solana, Hyperledger, Python, Rust
The best blockchain case study:
Webisoft developed Styllar, an NFT marketplace on the Terra blockchain, focusing on user experience, security, and performance optimization. The platform was nominated for the “Website of the day” on Awwwards.
What clients appreciate about their blockchain service:
Clients value Webisoft for its accessible services, regular communication, and high professionalism, consistently meeting expectations with timely project delivery. They recognize the company’s unique expertise in blockchain technology and appreciate its flexibility.
Min project size: $5,000+
Excited to learn about top blockchain companies globally?
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Viet Nam’s potential as a leading Blockchain house
In the previous sections, we discussed the top blockchain companies in Vietnam and highlighted the best among them. Now, let’s delve into why Vietnam is an ideal destination for businesses looking to leverage blockchain technology.
High-quality talent pool in Blockchain development
Vietnam’s talented developer base is a key driver of its rise in the tech industry. Ranked 23rd globally by HackerRank, Vietnamese developers outperform their regional counterparts in India, Indonesia, the Philippines, and Malaysia. The country also excels in AI and Blockchain, ranking 3rd globally.
Further solidifying their international reputation, Vietnamese developers have secured 10th place in the Best Developers Survey and 2nd in the Best Freelancers Survey.
Promising market potential
Valued at $350 million in 2023, the Vietnam blockchain market is poised for significant growth, with a projected to grow at a CAGR of 17.4%, reaching approximately $925 million by 2029.
The country’s cryptocurrency market also mirrors this upward trend, with revenues expected to hit $149.8 million by 2024 and user penetration forecasted to climb from 10.11% in 2024 to 12.09% by 2028. With growing adoption across multiple sectors, Vietnam’s blockchain market demonstrates strong potential for future expansion.
Strong goverment support for Blockchain
The Vietnamese government has shown strong support for blockchain technology. In 2021, Prime Minister Pham Minh Chinh launched the “e-government” strategy to bring regulatory clarity to Web3 projects. This initiative was strengthened in 2022 with the formation of Vietnam’s first official blockchain association, solidifying the country’s growing presence in the blockchain ecosystem.
Cost-efficiency for Blockchain outsourcing
Vietnam’s competitive hourly rates, ranging from $15 to $30, make it a cost-effective choice for blockchain development. This range is significantly lower than in the U.S. and Western Europe.
This cost advantage, combined with Vietnam’s high standards, allows companies to outsource their blockchain needs without compromising quality. Vietnam’s developers consistently deliver reliable results, establishing the country as a trusted hub for blockchain outsourcing.
Together, these four factors highlight why Vietnam stands as a premier choice for blockchain development. Its supportive environment fosters innovation, helping businesses leverage advanced technologies to stay competitive.
Partnering with Vietnamese developers is a smart step toward sustainable growth in the blockchain industry.
Final thoughts
The top 20 leading blockchain companies in Vietnam are distinguished by their diverse expertise and innovative solutions. With Vietnam’s robust digital infrastructure, abundant talent, and strong government support, the country is poised to become a global blockchain hub.
As the market expands, selecting the right partner is crucial for maintaining competitiveness. For those seeking top-quality blockchain solutions tailored to their business needs, Synodus stands out among the top blockchain development companies in Vietnam. With extensive technical expertise and a commitment to excellence, we provide a comprehensive range of services to propel your digital transformation journey forward.
FAQs
No, reputable companies will guide you through the process and explain things clearly.
Yes, reliable Vietnamese companies provide ongoing support and maintenance to ensure smooth operation.
Vietnamese companies are accustomed to international collaboration and have flexible work schedules to bridge the gap.
Search for reputable Vietnamese companies’ profiles on Clutch, GoodFirms, and G2.
Competitive pricing, cultural understanding, and a focus on emerging markets are significant advantages.
Yes, the security of business data is a priority for Vietnamese blockchain companies. They offer robust solutions with strong security features.
