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About the security industry in Vietnam
Vietnam’s security industry is a testament to the country’s dynamic growth and adaptability. Starting in the 1990s, it evolved alongside the nation’s economic expansion and increasing foreign investment. Vietnamese security firms offer wide range of high-quality services, meeting needs of local and international clients. The government’s support through a strong legal framework has been crucial in this evolution; fostering the industry’s professionalism and integration into the fabric of Vietnamese society. As a result, Leading security services in Vietnam are not just businesses; they are key players in ensuring public safety and contributing to the nation’s ongoing development.
History of the development of Vietnam’s security industry
Year 1986 marked an important turning point in economic reform process in Vietnam, henceforth officially adopting Doi Moi policy. This has opened the door for foreign investors, making them start to be interested and invest in Vietnam. Between 1986 and 1995, Vietnam witnessed tremendous growth in the number and scale of foreign investment projects. This created high demand for security protection services, which in turn has promoted the strong development of the security industry.
The birth of Vietnam’s security industry
Vietnam’s security industry has shown remarkable development, through establishment of Thang Long Security Company as well evolving with tnation’s economic progress. The industry’s growth reflects Vietnam’s increasing appeal to international investors, fostered by a flexible business environment and favorable investment policies. The emergence of new security firms like Dat Tep, Hoang Gia, and Sao Mai Security Company signifies the sector’s expansion and the Vietnamese zeal for advancement.
Legal frameworks, such as Decree No. 14/2001/ND-CP and its successors, Decree No. 52/2008/ND-CP and Decree 96/2016/ND-CP, have been instrumental in shaping the industry. These decrees ensure that security companies adhere to stringent standards, particularly in terms of leadership qualifications and operational prerequisites. Currently, legal stipulations encompass critical areas of business conduct, including registration as well licensing, which are essential for maintaining integrity via professionalism of the security services offered in Vietnam. The ongoing adherence to these regulations by leading companies underscores the industry’s commitment to legal compliance and excellence in service.
Top 3 Security Companies in Vietnam
Currently, there are no accurate statistics on the number of security companies in Vietnam.
Of the 2000 security companies currently in Vietnam, people usually only know about 100 companies. Among these 100 companies, we have listed the Top 10 best security companies in Vietnam. This article introduces everyone to top 3 security companies in Vietnam, which are companies that occupy largest market shares in security services .
Top 3 security companies in Vietnam include Long Hai Securitas Security Company, KTC Security Company and Golden Star Security Company.
The leading security services in Vietnam:Long Hai Securitas
Long Hai Securitas, established in 1995, has indeed made a significant mark in the Vietnamese security service sector. Being a pioneer private security company in Vietnam, high standard for quality and reliability was achievable. The company’s commitment to professional training and management of its security staff is a testament to its dedication to excellence. Long Hai Securitas offers a comprehensive range of services, including on-site guarding, electronic security, executive protection, by effectively addressing diverse security requipments focusing on integrating people, technology inclusively. Collaboration with Swedish firm Securitas AB in 2009 further strengthened its leading position as security provider, embodying a global perspective on safety through risk management.
Long Hai Security – The leading security services in Vietnam – Photo from Long Hai website
With the enthusiasm of its founder, the late Major General Phan Van Xoan, and a highly responsible executive board, Long Hai is one of the earliest established security companies that has maintained long-term stability. December 2009; Long Hai was acquired by Securitas Holding AB in Sweden; becoming a partner and subsequently renaming the company to Long Hai Securitas.
Currently many security service companies on the market named Long Hai, making it easy for clients to be confused. There are even companies that use the same logo, costumes, and signboards as Long Hai, which has seriously affected the intellectual property rights of Long Hai Securitas Security Service Joint Stock Company. Therefore, clients need to pay attention when choosing Long Hai security services.
KTC Security: The leading security services in Vietnam
KTC Vietnam Security Services Company, founded in 2005, made a significant impact on the security services market in Vietnam. Approximately, over 15 years of experience, KTC Vietnam rates a leading professional security company, providing wide range of services by meeting the security and safety demands of various sectors. Their offerings include security for banks, commercial centers, and urban areas, as well as personal protection and event security. KTC Vietnam is renowned for its exceptional security services, thanks to a dedicated team of over 4000 professionals. Intentional commitment to delivering high-quality services, utilizing professional management systems and modern equipment, has earned them the trust of a diverse clientele. This ranges from individuals to large-scale enterprises, solidifying their reputation as a trusted provider in the security services industry.
With the enthusiasm and aspiration of the founders, KTC Vietnam has made methodical investments in equipment and people. KTC has built a reputation and reputation in the security industry and is listed in the top 3 security companies in Vietnam.
20 years of experience, KTC Vietnam Security Company constantly improves quality of security services through investing in personnel training, using modern equipment as well applying advanced management methods. With the desire to bring clients the standards of professional security services in Vietnam.
Currently, KTC is the strongest in the Northern region and has offices in the Central and Southern regions. KTC provides modern protection solutions and is suitable for the diverse needs of clients.
Gold Star: The leading security services in Vietnam
Golden Star Security was established prominently into security firms in Vietnam, recognized for its extensive network of security personnel that spans the country. This reach allows them to offer a diverse range of products and services tailored to various market needs. Ability to secure numerous large-scale projects is a testament to their capacity and reliability in the field of security services. Golden Star Security, with its substantial workforce and expertise, offers a wide range of services to meet the diverse needs of its clients. Their commitment to safety and peace of mind is evident in their responsive and customizable security solutions. Foundation built on law enforcement and military experience, ensures that clients receive high level of protection for assets and stakeholders. . The success in competitive bidding highlights commitment to excellence and client satisfaction within security industry.
Golden Star also provides security services for factories, construction sites, ports, and industrial parks. The diversity of products and services, not picky about clients makes Golden Star a large security force and rate top 3 leading security companies in Vietnam.
Currently, there are a few security service companies on the market with the same name as Golden Star. Therefore, clients need to express their opinions when choosing a Gold Star security service brand to avoid confusion.
PMV Security: The leading security services in Vietnam
Vietnam’s security industry, symbolized by PMV (Prevention Management Verification) of Phat Minh Vuong Security Service Company, prior to the nation’s dynamic evolution. The sector’s transformation from nascent stages in the 1990s, comprehensively and internationally recognized industry mirrors Vietnam’s own development trajectory. Strategic alignment of economic growth in security advancements is crucial, reflecting adaptability of the industry to nation’s diversifying economic landscape. The government’s commitment to fostering a regulatory framework conducive to professionalism has been instrumental in this progress. Vietnam’s security industry didn’t only bolster the country’s economic resilience, it demonstrates innovative spirit with commitment to quality on a global scale, positioning Vietnam an influential force internationally.
Phat Minh Vuong Company’s ascent in the security sector is a testament to its strategic vision and commitment to excellence. Ranking among the top security firms in Vietnam; PMV has demonstrated the effectiveness of its sizable security forces and the dedication of its leadership. The company’s focus on innovation and client satisfaction positions it well to meet the increasing demand for high-quality security services. The path to becoming a leader in the industry is filled with challenges; yet PMV’s consistent efforts and strategic initiatives suggest a bright future. As PMV continues to grow; its influence is likely to set new benchmarks in the security landscape of Vietnam; Its reputation and contributing to the overall advancement of the security industry.
Micah A.(Mr)
PMV Security service company