Workplace security and training under the microscope at Secutech Vietnam’s Smart Security Conference
In Q2 of this year, Vietnam’s economic recovery kicked into high gear as GDP growth reached its fastest pace in 11 years. For the thousands of security industry players set to gather at this month’s Secutech Vietnam, this revival is welcome news. With different sectors of the economy including the manufacturing and services sectors expanding, so are the opportunities to implement more efficient security, fire safety and workforce management systems. From 18 – 20 August, exhibitors and seminar speakers will demonstrate how these solutions are not only becoming more advanced, but in many cases they are also becoming more affordable. Industrial output in Vietnam has risen for eight straight quarters to reach year-on-year growth of 11.5% in June 2022[1]. On the back of this data, it’s no surprise that solution providers are identifying new opportunities to implement their security products in factories, manufacturing facilities and for private security purposes across the country. Among more than 250 exhibitors participating at next month’s fair are Leacov and OneThird, two Singaporean based companies who will present their security training and management systems for large scale facilities. Discussing the prospects in the local market, the founder of both companies, Mr Simon Ng, says: “With a forecasted CAGR of 7.9% from 2020 through 2027, the private security market in Vietnam is poised to reach USD 1.3 billion by 2027. Rapid economic growth will fuel strong demands for high standard private security services and systems. Leacov and OneThird, who pride themselves on creating and providing niche and best of class solutions in workforce digitalisation and transformation, is excited to contribute and partake in this high growth explosive market.” Smart Security Conference provides the inside track on cloud and AI solutions The two companies will join representatives from nine other brands taking part in this year’s […]