Top Cybersecurity Companies in Vietnam

Vietnam's economy has been rapidly growing over the past few years, and the cybersecurity industry is one of the sectors contributing to this growth. The industry is experiencing a surge in demand, mainly driven by the increasing digitization of the economy, the rise of cyber threats, and the government's initiatives to promote cybersecurity. This article will explore the key statistics from 2022, the factors contributing to the industry's growth and success, the industry's growth and comparison to the previous years, the key trends, the challenges, and the future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
TECHLAB CORPORATION16 +84 28 5414 6777

At Techlab, cybersecurity is our passion and our main focus. Supporting your business growth and protection against cyber threats and attacks is our primary concern.Our cybersecurity professionals with extensive experiences working with local and international enterprises are highly dedicated to provide world-class services to your organization. Techlab’s cybersecurity team are not only well-trained both in business and technical skills but are also empowered by the cutting-edge technologies that we implemented here in our cybersecurity lab.

CHECK POINT SOFTWARE TECHNOLOGIES LTD7,173 +65 1800 429 4391

Check Point Software Technologies Ltd. is a leading provider of cyber security solutions to governments and enterprises globally. Our solutions protect over 100,000 customers from cyber attacks with an industry-leading catch rate of malware, ransomware and advanced targeted threats. By offering a multilevel security architecture, “Infinity Total Protection with Gen V advanced threat prevention,” we defend enterprises’ cloud, network and mobile devices. Check Point offers the most comprehensive and intuitive one point of control security management system.

AVAST1,183 +65 6565 9910

Cybersecurity • Business Security • Security Software • Mobile Security Avast is part of Gen™—a global company dedicated to powering Digital Freedom through a family of trusted consumer brands.(NortonLifeLock and Avast have merged and are now Gen™).We strive to give everyone the power to explore our shared digital world freely and safely. Our team is working to help shape the digital world to be a freer, fairer and safer place through the application of science, technology and human ingenuity, and we are looking for people who share our passion to contribute to a better online world. Avast safeguards more than 435 million people worldwide, protecting their digital data, identity, and privacy.Avast is always looking for creative and innovative people to join our team. We have offices in the Czech Republic, USA, and Europe. https://www.avast.com/careers Website: https://www.avast.comUser forum: https://forum.avast.com/Blog: https://blog.avast.com/Facebook: https://www.facebook.com/avastTwitter: https://twitter.com/avast_antivirusYouTube: https://www.youtube.com/avast

FORTINET13,516 +65 6395 2788

Fortinet makes possible a digital world that we can always trust through its mission to protect people, devices, and data everywhere. This is why the world’s largest enterprises, service providers, and government organizations choose Fortinet to securely accelerate their digital journey.

RSA SECURITY2,829 +65 1800 995 5095

From on-premises to cloud to hybrid, RSA provides identity-first solutions for security-first organizations to thrive in a digital world with modern authentication, lifecycle management, and identity governance.

GUARDRAILS37 +65 8533 3401

GuardRails is a continuous application security verification platform that empowers modern development teams to find, fix and prevent vulnerabilities related to source code, open source libraries, secret management and cloud configuration.

IDENTIV264 +65 6546 0906

Identiv is a global leader in seamless authentication and security solutions. We verify frictionless access and anywhere operations, protect identities from malicious attacks, secure intellectual property, and drive IoT innovation. Our platform encompasses RFID and NFC, cybersecurity, and the full spectrum of physical access, video, and audio security. We digitally secure the physical world.Sign up for our monthly newsletter: https://go.identiv.com/newsletter

IMPERVA1,695 +65 3158 4244

Imperva is the cybersecurity leader that helps organizations protect critical applications, APIs, and data, anywhere, at scale, and with the highest ROI. With an integrated approach combining edge, application security, and data security, Imperva protects companies through all stages of their digital journey. Imperva Threat Research and our global intelligence community enable Imperva to stay ahead of the threat landscape and seamlessly integrate the latest security, privacy, and compliance expertise into our solutions.

NETWORK INTELLIGENCE641 +65 6813 1512

Leading provider of digital security services to clients across the globe. Our service portfolio covers Managed Detection and Response, Vulnerability Management, Risk Management, Privacy and Compliance, as well as an expansive portfolio of training programs.

MASTERSAM31 +65 6225 2559

MasterSAM, established in 2004 and acquired by the Silverlake Group in 2015, strives to protect and manage the most sensitive IT enterprise business platforms from a complete life-cycle perspective. Headquartered in Singapore, MasterSAM has office presence in Malaysia and has representative offices in Vietnam and India. Our business operations also extend to Thailand, Indonesia, Cambodia, Nepal, Bangladesh, to name a few. Core product offerings include Privileged Access Management, Multi-Factor Authentication and Endpoint Security Solutions. What differentiates us from the rest? Our agility to respond to market demands, our personal edge with our customers and prompt customer service.To learn more, visit us at www.mastersam.comhttps://twitter.com/SMasterSAMor drop us a query at info@mastersam.com

KASPERSKY3,802 +65 6870 2320

Our mission is simple – building a safer world. And in fulfilling that mission we aim to become the global leader in cybersecurity – by securing technology to make sure that the possibilities it brings become opportunities for each and every one of us. Bring on endless possibilities. Bring on a safer tomorrow.” - Eugene Kaspersky, CEO of Kasperskyhttps://www.kaspersky.com/about/company

ROHDE & SCHWARZ CYBERSECURITY167 +65 6307 0300

Rohde & Schwarz Cybersecurity is a leading IT security company that protects companies and public institutions around the world against cyberattacks. The company develops and produces technologically leading solutions for information and network security, including highly secure encryption solutions, next-generation firewalls and firewalls for business-critical web applications, innovative approaches for working in the cloud securely as well as desktop and mobile security. The award-winning and certified IT security solutions range from compact, all-in-one products to customized solutions for critical infrastructures. To prevent cyberattacks proactively, rather than reactively, the trusted IT solutions are developed following the security-by-design approach. More than 500 people are employed at locations in Germany, France, Spain and the Netherlands.

NG KHAI DEVELOPMENT CORPORATION208 +63 32 346 2926

The leading IT solutions integrator in southern Philippines. With a focus on solutions from Microsoft, HP, HPE, VMware, AWS, Cisco Lenovo, and Dell computers, servers, storage, and network solutions.

VIETNAMESE SECURITY NETWORK J.S.C - VSEC53 +84 1800 2056

Vietnamese Network Security Joint Stock Company (VSEC) is a professional solution provider in information security. VSEC started up in 2005 with a team of engineers having a strong passion for information security and has had more than 12 years of operation to date, providing reputable information security solutions for the Vietnam market. VSEC operates with a strong belief that Vietnamese people can fully master information security technologies of the world. VSEC always makes great efforts in promoting a world-class environment for information security research in Vietnam to develop high-quality human resources, products, and services in information security.

MCAFEE5,778 +65 6222 7555

We’re creating what’s next in online protection. As technologists, creatives, and people who thrive on looking forward, we make life online safe, so everyone can enjoy it with confidence—in all the ever-shifting forms it will take.Just as life online is full of possibility, life at McAfee is as well. You’ll have the freedom to explore challenges, take smart risks, and reach your potential in one of the fastest-growing industries in the world—backed by a team that supports and inspires you.

BIZSECURE APAC10 +65 6333 9077

Bizsecure Asia Pacific, is a company that is specialize in cyber security. we bring you not only Award winning cyber security solutions, we also offer a holistic, three-level network security solutions to protect customers assets as well to meet customers businesses requirement of tomorrow.We are the exclusive representative of France solutions for Asia Pacific(APAC).Our product solutions are:Stormshield by airbus defence & space (Next Gen UTM firewall | End Point HIPS | Data Security )Wallix (Privilege identity account management , password management)Inwebo (Multi Factor Authentication)Rohde&Schwrz ( Web Application Security Solution ))Seclab ( Bi-Direction Gateway )HA Proxy Aloha ( Load Balancer)NacXwan ( SDWAN Solution )GateWatcher ( Advance APT with AI built in )ALSID ( Active Directory Security )Provide additional services : Vulnerability AssessmentWith our experiences in channel and business development, Bizsecure Asia Pacific has establish offices and partners in South East Asia and North Asia to provide support and solutions to the growing demand for network security in this regionWe in Bizsecure Asia Pacific are committed to offer best-in-class services and supports to our customers to allow business continuity.For more information: http://www.bizsecure-apac.com/Follow us on facebook: https://www.facebook.com/Bizsecure-APAC-1530480540505603/?ref=br_tf

SANS INSTITUTE1,437 +65 6983 1088

SANS is the most trusted and by far the largest source for information and cybersecurity training and certification in the world. It also develops, maintains, and makes available at no cost, the largest collection of research documents about various aspects of information security, and it operates the Internets early warning system - Internet Storm Center.

MICROSEC45 +65 6931 4227

At MicroSec, we develop next-gen cybersecurity IoT solutions to stop and prevent the latest Zero Day attacks affecting industrials, enterprises and governments today. As a technology firm that builds solutions with Security-by-Design, we partner with OEM manufacturers and system integrators to include cybersecurity at the heart of their devices and infrastructure. MicroSecs solution brings full security features to the light-weight implementation of all devices and equipment that are embedded in the infrastructure of Singapore Smart Nation’s initiatives.

VIETSUNSHINE ELECTRONIC SOLUTION JOINT STOCK COMPANY51 +84 304 255 426

Since its inception in Jun 2006, VietSunshine has carefully carved its reputation as one of the countrys leading providers of innovative and reliable ICT solutions supported by competent and highly-professional workforce.Specializing in ICT distribution as its core competence, VietSunshine has continuously redefined and broadened its portfolio of ICT products and services to fully address the evolving needs of the local ICT marketTOGETHER WE DELIVERBy creating strong and positive partnerships with our suppliers, we place ourselves at the forefront of IT distribution, offering market-leading, cutting edge solutions to meet todays business challenges.By offering our resellers the tailored solutions they want and the wholehearted support they need, we help them grow their business and increase their revenue stream.By delivering state-of-the-art solutions and professional services, which improve customers’ competitiveness in the whole value chain, we facilitate our customers’ business growth, profitability, stability and high quality operations.

GROUP-IB310 +65 3159 3798

Group-IB, with its headquarters in Singapore, is one of the leading providers of solutions dedicated to detecting and preventing cyberattacks, identifying online fraud, investigating high-tech crimes, and protecting intellectual property. The company’s Threat Intelligence and Research Centers are located in the Middle East (Dubai), the Asia-Pacific (Singapore), and Europe (Amsterdam). Group-IB’s Threat Intelligence system has been named one of the best in its class by Gartner, Forrester, and IDC. Group-IB’s technological leadership and R&D capabilities are built on the company’s 19 years of hands-on experience in cybercrime investigations worldwide and more than 70,000 hours of cybersecurity incident response accumulated in our leading DFIR Laboratory, High-Tech Crime Investigations Department, and round-the-clock CERT-GIB. Group-IB is an active partner in global investigations led by international law enforcement organizations such as Europol and INTERPOL. Group-IB is also a member of the Europol European Cybercrime Centre’s (EC3) Advisory Group on Internet Security, which was created to foster closer cooperation between Europol and its leading non-law enforcement partners.Group-IBs experience in threat hunting and cyber intelligence has been fused into an ecosystem of highly sophisticated software and hardware solutions designed to monitor, identify, and prevent cyberattacks. Group-IBs mission is to protect its clients in cyberspace every day by creating and leveraging innovative solutions and services.Follow Group-IB on Twitter: https://twitter.com/GroupIBFollow Group-IB on Instagram: https://instagram.com/groupibhqFollow Group-IB on Facebook: https://www.facebook.com/groupibHQFollow Group-IB on Telegram: https://t.me/Group_IB

Top Cybersecurity Companies in Vietnam

Key Statistics from 2022

Vietnam's gross domestic product (GDP) has been growing at an average rate of 6.5% per year over the past decade, and it is expected to continue growing at a similar rate in the coming years. According to the International Data Corporation (IDC), the cybersecurity market in Vietnam was valued at USD 1.7 billion in 2020, and it is expected to grow at a compound annual growth rate (CAGR) of 14.5% during the period 2021-2026. The industry's employment is also growing, and it is estimated that there are around 10,000 cybersecurity professionals in Vietnam.

Factors Contributing to Its Growth and Success

Government Initiatives

The Vietnamese government has been proactive in promoting cybersecurity in the country. In 2015, it launched the National Cybersecurity Strategy, which aims to create a safe and secure cyberspace for Vietnam. The strategy includes various measures such as developing a legal framework for cybersecurity, enhancing the capacity of cybersecurity professionals, and promoting public awareness of cybersecurity issues. The government has also established various agencies to oversee and implement the strategy, such as the Cybersecurity and High-tech Crime Prevention Department under the Ministry of Public Security.

Industry's Growth and Comparison to the Previous Years

The rise of cyber threats is one of the factors contributing to the growth of the cybersecurity industry in Vietnam. With the increasing digitization of the economy, more and more companies are adopting digital technologies, which exposes them to various cyber threats such as hacking, data breaches, and malware attacks. As a result, there is a growing demand for cybersecurity solutions and services to protect against these threats.

The cybersecurity industry in Vietnam has experienced significant growth over the past few years. In 2015, the industry was valued at only USD 0.5 billion, and it has grown at a CAGR of around 20% since then. This growth is expected to continue in the coming years, mainly driven by the increasing digitization of the economy and the rising cyber threats.

Key Trends

Technological Disruptions

The cybersecurity industry is constantly evolving, and new technologies are emerging that are disrupting the industry. One of these technologies is artificial intelligence (AI), which is being used to develop more advanced cybersecurity solutions. AI can help detect and respond to cyber threats in real-time, which can significantly enhance the effectiveness of cybersecurity solutions.

Challenges

Lack of Skilled Professionals

One of the main challenges facing the cybersecurity industry in Vietnam is the shortage of skilled professionals. Although the industry's employment is growing, there is still a significant skills gap, with a lack of professionals who have the necessary technical skills and expertise to develop and implement effective cybersecurity solutions.

Future Outlook

The cybersecurity industry in Vietnam is expected to continue growing in the coming years, driven by the increasing digitization of the economy, the rise of cyber threats, and the government's initiatives to promote cybersecurity. However, there are also challenges that need to be addressed, such as the shortage of skilled professionals. To overcome these challenges, the government and the industry need to work together to develop and implement measures to promote cybersecurity education and training, and to attract and retain top talent in the industry. This can include providing incentives for students to pursue cybersecurity education, offering training and development programs for current professionals, and creating a supportive environment for startups and innovative cybersecurity solutions.

In addition, the industry needs to stay abreast of technological disruptions and emerging threats, such as the increasing use of the cloud, the Internet of Things (IoT), and the proliferation of mobile devices. This will require continuous investment in research and development and the adoption of new technologies to stay ahead of cyber threats.

Moreover, as the country continues to digitize and more data is generated, data privacy and protection will become increasingly critical. Therefore, companies and organizations must ensure that they have robust data protection policies and processes in place to safeguard sensitive information.

Conclusion

The cybersecurity industry in Vietnam is a growing and successful sector, driven by the increasing digitization of the economy, the rise of cyber threats, and the government's initiatives to promote cybersecurity. However, the industry also faces challenges, such as the shortage of skilled professionals and the need to keep up with technological disruptions and emerging threats. To maintain its growth and success, the industry needs to continue investing in research and development, promoting cybersecurity education and training, and developing innovative solutions to address emerging threats.

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By Melissa Goh
Published on 31 May 2023