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14 Aug 2024

T Dao

14 Aug 2024

Recently, NTQ Solution and MarkAny remarked on a new cooperation milestone with an MoU signing ceremony to research & develop top-notch security solutions for Vietnam & global market. The MoU contributes significantly to both companies’ strategies for business growth and market expansion through tackling organizational challenges within the emergence of the digital transformation era. 

In celebration of this milestone, Mr. Go Choi, CEO of MarkAny, expressed a positive opinion towards this partnership. He stated that the MoU with NTQ Solution, a Vietnamese IT partner with a proven track record of success, will enable MarkAny the opportunities to enter the Vietnam security market and set a base to enter SEA regions with long-term goals. The CEO believes that both companies can deliver products that “set new standards in the Vietnamese information security market” 

Listen to our partners’ sharing about this cooperation through the article below! 

Q: Hi Mr. Go Choi, many thanks for your decision to join our interview. To begin the interview session, can you briefly share about MarkAny and your strategy to enter Vietnam? 

MarkAny is a security company that has been developing and providing various information security solutions including DLP, DRM, and watermarking, as well as video security solutions such as AI video surveillance since 1999. We see Vietnam as a market with great growth potential as the demand for various security systems is gradually increasing, and we believe that our technology and products are competitive in the market. 

Q: What are the factors that drives MarkAny to the decision of expanding to Vietnam market? 

Based on our findings, we found that Vietnam is raising awareness of information security in recent years. One of the main reasons comes from the fact that the country is reported to have highest cyberattack events in organizations in Asia, especially in Southeast Asia regions. The most vulnerable business sectors include BFSI, state agencies, telecommunication & airlines, which are often considered as the critical backbone of the nation’s overall economy and activities. 

As a result, The Vietnamese government is requiring more and more enterprises and public organizations to strengthen their security measures through the Cybersecurity Law in 2018 and the Personal Data Protection Decree in 2023. In addition to actions towards digital issues, the importance of information security is growing as the country’s rapid economic growth in recent years has spurred the development of sectors such as e-commerce, fintech, and smart cities.

Vietnam is also undergoing a state-led smart city project, with the urban population expected to grow to 60% by 2040. As a result, many enterprises and organizations are increasingly demanding not only information security systems but also CCTV systems to monitor various accidents, incidents, etc. These mentioned areas match with what we can deliver, pushing us to the final decision of partnering with NTQ Solution to leverage information security solutions in this promising market. 

Mr. Go Choi Interview Quote About Vietnam Security Landscape

Q: Why MarkAny decides to choose NTQ Solution among many IT companies in Vietnam? 

The main reason for our decision to partner with NTQ Solution is our deep trust in them and their excellent technical capabilities. We highly value their technical excellence and innovative approach to IT services in Vietnam. NTQ Solution’s expertise and deep understanding of the local market gave us great confidence, and we were confident that working together would bring great synergies to both companies.

NTQ Solution has delivered many successful projects with custom software development and IT consulting in various industries, and we were impressed by their innovative technology solutions and customer-centric service delivery. We believe that their technical capabilities and know-how, combined with MarkAny’s information security skills, will enable us to deliver even more powerful solutions for the market. 

Mr. Go Choi Interview Quote about NTQ Solution's Capabilities

Q: What are your expectations with this cooperation? 

Through this partnership with NTQ Solution, we look forward to further strengthening our position in the Vietnamese information security market and providing optimal security solutions for various industries. In the short term, we will mainly supply integrated endpoint security systems and AI-based video surveillance systems, which are the key products that match with the overall security landscape in Vietnam as I mentioned earlier. Later on, we will be working together to identify markets’ needs and supply products that serve diverse demands of Vietnamese clients, establishing a foothold to venture into Southeast Asia region. 

We are confident that the combination of NTQ Solution’s technology and our security technology will enable us to provide more innovative and effective solutions. Through cooperation based on mutual trust and superior technical capabilities, we will set new standards in the Vietnamese information security market and strengthen our competitiveness in the global market. We are very excited about the future we will create together.

Thanks for your sharing! 

Read the article about our cooperation: https://ntq.com.vn/newsroom/ntq-solution-and-mark-any-cooperates-to-develop-security-solutions-for-vietnamese-businesses/

Tag: business development; Business Partner; digital transformation; Information Security