Top 5 Blockchain Development Company in Vietnam

Published April 4, 2023

The unique characteristics of blockchain technology—transparency, immutability, decentralization, and high processing speed—are rapidly transforming how businesses operate across industries. What once started as a foundation for virtual currencies has now expanded into finance, food & beverage, logistics, healthcare, pharmaceuticals, gaming, entertainment, and digital art.

Today, enterprises are increasingly seeking a reliable blockchain development company to help them build secure, scalable, and future-ready solutions. Integrating blockchain into your business not only streamlines operations but also unlocks new growth opportunities and significantly enhances corporate value.

In this article, we will explore:

  • Why blockchain adoption is accelerating across industries

  • Key criteria for selecting the right blockchain development company

  • Why Vietnam has emerged as a leading destination for blockchain outsourcing

  • Why Relipa stands out as a trusted blockchain development partner

Why Blockchain Is Becoming a Strategic Business Asset

Blockchain is no longer an experimental technology. It has evolved into mission-critical infrastructure for enterprises aiming to improve trust, efficiency, and transparency.

Some of the most common enterprise use cases include:

  • Financial services: DeFi platforms, digital payments, insurance, and lending systems

  • Supply chain & logistics: Traceability, provenance tracking, anti-counterfeiting

  • Healthcare & pharmaceuticals: Secure medical records, data integrity, drug traceability

  • Gaming & entertainment: Blockchain games, NFTs, digital ownership

  • Digital identity & IP management: Decentralized identity, copyright protection

To unlock these benefits, businesses need more than just developers—they need an experienced blockchain development company that understands both technology and business strategy.

Criteria for Selecting a Blockchain Development Company

When choosing a blockchain development company, you need to keep in mind the following conditions.

  • Development goal
  • Budget/cost plan
  • Technology
  • Development plan

Let’s take a closer look at each.

Development Goal

The first and most important step is to clarify your development objective.

Blockchain solutions vary widely depending on the purpose:

  • Financial systems such as lending platforms, insurance solutions, or payment rails

  • Decentralized Autonomous Organizations (DAOs)

  • NFT platforms and blockchain games

  • Enterprise data management and traceability systems

Each use case requires different architectures, consensus mechanisms, and smart contract designs. A capable blockchain development company should demonstrate:

  • Proven experience in projects similar to your business goal

  • The ability to propose multiple technical approaches

  • A clear understanding of how blockchain supports your long-term strategy

In many cases, blockchain projects also require complementary expertise such as UI/UX design, product strategy, and post-launch growth support. This is why reviewing a company’s past track record, partnerships, and team composition is essential.

Budget/Cost Plan

Budget feasibility is another decisive factor when selecting a blockchain development company.

Most offshore blockchain projects follow a person-month pricing model, calculated based on:

  • Number of engineers, project managers, testers, and business analysts

  • Monthly unit cost per role

  • Overall development timeline

In markets like Japan or North America, blockchain engineer costs are rising sharply due to talent shortages. In contrast, outsourcing to Vietnam allows businesses to:

  • Reduce development costs by 50–80%

  • Maintain high technical quality

  • Scale teams flexibly

That said, cost efficiency should never come at the expense of reliability. A trustworthy blockchain development company balances competitive pricing with strong delivery standards, transparent communication, and quality assurance.

Technology

Modern blockchain development extends far beyond building a distributed ledger.

Today’s enterprise blockchain solutions often involve:

  • Smart contracts for automation and trustless execution

  • DApps and NFT platforms

  • Blockchain games and Web3 ecosystems

  • Data traceability and decentralized identity systems

A professional blockchain development company should be proficient in:

  • Public blockchains: Ethereum, Polygon, BNB Smart Chain, Cardano

  • Private and consortium blockchains: Hyperledger, R3 Corda

  • Deployment models: Cloud-based or on-premises

  • Security, scalability, and performance optimization

More importantly, the company must understand how to balance decentralization, speed, security, transparency, and cost efficiency to meet real business needs in the Web3 era.

Development Strategy

Time-to-market is a critical success factor in blockchain projects.

Beyond coding, a blockchain development company must excel in:

  • Requirement analysis and system design

  • Agile development and milestone management

  • Rigorous testing and security audits

  • Deployment, monitoring, and optimization

Equally important is post-launch support. Businesses should clearly define:

  • Maintenance scope

  • Smart contract upgrades

  • Security monitoring

  • Long-term scalability planning

The true value of a blockchain development company lies in its ability to deliver not just fast development, but sustainable growth and continuous improvement.

Why Vietnam Is a Leading Hub for Blockchain Development Companies

Vietnam has rapidly positioned itself as a top destination for blockchain outsourcing. There are three key reasons behind this growth.

Abundant & qualified Blockchain Human Resources

According to industry estimates, Vietnam has over 10,000 blockchain-experienced software developers, many of whom actively work with the latest Web3 technologies.

Vietnamese engineers are well-versed in:

  • Public blockchain ecosystems

  • Smart contract development

  • NFT marketplaces and blockchain games

  • Enterprise blockchain frameworks

This talent pool enables Vietnamese blockchain development companies to deliver high-quality solutions across diverse industries.

Top blockchain development company in Vietnam
Vietnam Developer Ranking

Competitive Price

Vietnam offers one of the most attractive cost-to-quality ratios globally.

Average blockchain development rates range from $25–40 per hour, significantly lower than:

  • Eastern Europe

  • North America

  • Japan and other East Asian markets

This makes Vietnam an ideal choice for businesses seeking cost-efficient blockchain development without compromising technical excellence.

Strong English Communication Skills

Vietnam consistently ranks among the top Asian countries for English proficiency. Most IT professionals:

  • Are trained in English from early education

  • Have experience working with international clients

  • Can communicate effectively with project managers, business analysts, and developers

This eliminates common offshore challenges and ensures smooth collaboration with your blockchain development company.

Top 5 Blockchain Development Company in Vietnam

1. SotaTek

SotaTek is one of the early offshore IT companies in Vietnam with international expansion across multiple markets. The company provides a wide range of services including blockchain development, software development, AI, and cloud solutions.

SotaTek has experience in various blockchain domains such as DeFi platforms, exchanges, NFT systems, and DAO-related projects. With a large engineering team, the company can handle complex blockchain development requirements at scale.

2. Savvycom

Savvycom is a well-known Vietnamese IT outsourcing company focusing on digital transformation across finance, healthcare, and retail. The company has delivered complex blockchain projects and has invested in developing its own blockchain-based product ecosystem.

Savvycom’s strength lies in combining blockchain with AI and enterprise software solutions, making it a suitable blockchain development company for large-scale digital transformation initiatives.

3. Relipa – Reliable Blockchain Development Company

Relipa stands out as a trusted and fast-growing blockchain development company in Vietnam, with a strong focus on long-term partnership and high-quality delivery.

The name RELIPA comes from “Reliable Partner”, reflecting the company’s philosophy of working closely with clients to ensure project success beyond delivery.

Why Relipa?

  • Comprehensive blockchain development services:
    Smart contracts, NFT platforms, ICO/IDO/IEO, DAO development, blockchain games, and Web3 applications

  • Strong engineering foundation:
    Founded by top engineers from Hanoi University of Science and Technology, with experience studying and working in Japan

  • Certified quality & security:
    ISO/IEC 27001 and ISO 9001 certifications ensure high standards in information security and development processes

  • Cost-effective & agile delivery:
    Competitive pricing, fast development cycles, and scalable teams

  • Client-centric approach:
    Relipa actively proposes solutions from the customer’s perspective and offers flexible engagement models, including engineer dispatch

As a blockchain development company, Relipa not only builds systems but also supports clients in optimizing, scaling, and evolving their blockchain products in the long term.

👉 Learn more about Relipa as your blockchain development partner

4. Newwave Solutions

Newwave Solutions was established in 2011 in Vietnam and is currently run by a strong team of 300 employees dedicated to providing effective solutions to customers’ needs.

Besides providing emerging technologies like Blockchain and IoT, the company also supplies sustainable Software development services, including Web, App, or Mobile, UI/UX design, QA & Testing. Newwave Solutions also receives some recognition from business review sites such as Clutch & The Manifest.

5. Ekoios

Established in 2018 with just a few members, Ekoios has been growing fast to become one of the leading IT corporations contributing to the high technology industry in Vietnam. Ekoios is focusing mainly on Blockchain Technology, AI, and Mobile Application development. The company provides streamlined solutions to startups and businesses from around the world from its base in Vietnam, a growing IT hub with a young, smart, and energetic workforce.

Conclusion

Blockchain is one of the essential next-generation technologies that will play a leading role in Web 3.0. However, the implementation status is still limited to a small number of industries and companies. Therefore, it can be said that the skills and levels of development of companies vary, and the company you choose to be your partner with is extremely important.

Relipa has gained the trust of many partners and clients worldwide with excellent offshore development services. Relipa fully supports your development with low cost, speedy service, advanced skills, and no language barrier.

Please feel free to contact us.

Relipa Software

Relipa Co., Ltd. is a Vietnam-based software development company established in April 2016. After two years of growth, our Japanese branch – Relipa Japan – was officially founded in July 2018.
We provide services in MVP development, web and mobile application development, and blockchain solutions. With a team of over 100 professional IT engineers and experienced project managers, Relipa has become a reliable partner for many enterprises and has successfully delivered more than 500 projects for startups and businesses worldwide.

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