| Product Code: ETC4404091 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The eGRC (Enterprise Governance, Risk, and Compliance) market in Vietnam is becoming increasingly integral to organizations seeking to manage and mitigate risks while ensuring compliance with regulations. With a growing awareness of the importance of robust governance structures, companies are adopting eGRC solutions to streamline processes, enhance transparency, and proactively address risks. The eGRC Market encompasses a suite of tools and technologies that support risk management, compliance monitoring, and ethical governance. As businesses navigate a complex regulatory landscape, the Vietnam eGRC Market is emerging as a key enabler of sustainable and responsible business practices.
The Vietnam eGRC (Enterprise Governance, Risk, and Compliance) market is gaining traction as businesses seek to mitigate risks and enhance governance practices. Regulatory compliance and risk management have become critical in a rapidly changing business environment. Organizations are turning to eGRC solutions to streamline governance, risk assessment, and compliance activities, ensuring they meet legal and ethical requirements while optimizing business performance.
The Vietnam eGRC (Enterprise Governance, Risk Management, and Compliance) Market confronts several challenges, with data security and privacy concerns being paramount. As regulatory requirements evolve, organizations must adapt their eGRC systems to remain compliant, which often requires significant resources and expertise. Moreover, there is a lack of awareness among smaller enterprises about the importance of eGRC, making adoption and implementation more challenging. Finally, integration with existing IT systems can be a complex task, as it requires aligning eGRC platforms with the specific needs and structures of individual organizations.
The Vietnam eGRC (Enterprise Governance, Risk, and Compliance) market has experienced notable shifts in the wake of the COVID-19 pandemic. The unprecedented challenges posed by the crisis have emphasized the importance of robust governance, risk management, and compliance practices. Organizations have become more vigilant in managing risks, ensuring regulatory compliance, and enhancing overall governance. The eGRC market has seen increased adoption as businesses recognize the need for comprehensive solutions to navigate uncertainties. The pandemic has underscored the pivotal role of eGRC in fostering resilience and adaptability in the business landscape.
The eGRC (Enterprise Governance, Risk, and Compliance) market in Vietnam has attracted attention from diverse players specializing in risk management and compliance solutions. Cygna Labs, a global leader in cybersecurity solutions, has established a presence in the Vietnamese eGRC landscape. Local players such as Bkav Corporation have also been active in providing end-to-end eGRC solutions, addressing the evolving governance and compliance needs of organizations. Furthermore, VinaSystem has positioned itself as a key player, offering comprehensive eGRC platforms tailored to the Vietnamese business environment.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam eGRC Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam eGRC Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam eGRC Market - Industry Life Cycle |
3.4 Vietnam eGRC Market - Porter's Five Forces |
3.5 Vietnam eGRC Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Vietnam eGRC Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.7 Vietnam eGRC Market Revenues & Volume Share, By Deployment Model, 2021 & 2031F |
3.8 Vietnam eGRC Market Revenues & Volume Share, By Organization size, 2021 & 2031F |
4 Vietnam eGRC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing regulatory requirements in Vietnam related to governance, risk, and compliance (e.g., data protection laws, anti-corruption regulations). |
4.2.2 Growing awareness among Vietnamese companies about the importance of effective risk management and corporate governance practices. |
4.2.3 Adoption of advanced technologies such as artificial intelligence and machine learning to enhance eGRC processes in Vietnam. |
4.3 Market Restraints |
4.3.1 Lack of skilled professionals in Vietnam with expertise in eGRC practices and technologies. |
4.3.2 Resistance to change and traditional mindset within some Vietnamese organizations hindering the adoption of eGRC solutions. |
4.3.3 Limited budget allocation by small and medium-sized enterprises in Vietnam for implementing comprehensive eGRC systems. |
5 Vietnam eGRC Market Trends |
6 Vietnam eGRC Market, By Types |
6.1 Vietnam eGRC Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Vietnam eGRC Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Vietnam eGRC Market Revenues & Volume, By Software, 2021-2031F |
6.1.4 Vietnam eGRC Market Revenues & Volume, By Services, 2021-2031F |
6.2 Vietnam eGRC Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Vietnam eGRC Market Revenues & Volume, By BFSI, 2021-2031F |
6.2.3 Vietnam eGRC Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.4 Vietnam eGRC Market Revenues & Volume, By Government, 2021-2031F |
6.2.5 Vietnam eGRC Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.2.6 Vietnam eGRC Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.7 Vietnam eGRC Market Revenues & Volume, By Retail & Consumer Goods, 2021-2031F |
6.2.8 Vietnam eGRC Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Vietnam eGRC Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam eGRC Market, By Deployment Model |
6.3.1 Overview and Analysis |
6.3.2 Vietnam eGRC Market Revenues & Volume, By Cloud-based, 2021-2031F |
6.3.3 Vietnam eGRC Market Revenues & Volume, By On-premise, 2021-2031F |
6.4 Vietnam eGRC Market, By Organization size |
6.4.1 Overview and Analysis |
6.4.2 Vietnam eGRC Market Revenues & Volume, By Large Enterprise, 2021-2031F |
6.4.3 Vietnam eGRC Market Revenues & Volume, By Small & Medium Enterprise, 2021-2031F |
7 Vietnam eGRC Market Import-Export Trade Statistics |
7.1 Vietnam eGRC Market Export to Major Countries |
7.2 Vietnam eGRC Market Imports from Major Countries |
8 Vietnam eGRC Market Key Performance Indicators |
8.1 Percentage increase in the adoption rate of eGRC solutions by Vietnamese companies. |
8.2 Number of regulatory compliance violations reported in Vietnam over a specific period. |
8.3 Percentage improvement in risk mitigation and governance practices within Vietnamese organizations. |
8.4 Rate of successful implementation of eGRC projects in Vietnam. |
8.5 Number of cybersecurity incidents reported in relation to eGRC systems in Vietnam. |
9 Vietnam eGRC Market - Opportunity Assessment |
9.1 Vietnam eGRC Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Vietnam eGRC Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.3 Vietnam eGRC Market Opportunity Assessment, By Deployment Model, 2021 & 2031F |
9.4 Vietnam eGRC Market Opportunity Assessment, By Organization size, 2021 & 2031F |
10 Vietnam eGRC Market - Competitive Landscape |
10.1 Vietnam eGRC Market Revenue Share, By Companies, 2024 |
10.2 Vietnam eGRC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |