Currency News
Founded in 2016 and based in Hanoi, this 100% Vietnamese-owned company is the brainchild of Mr Anh Luong Ngoc
In recent years Vietnam has been a go-to country for many of the world players in the technology, automotive, and fashion industries. It is now stepping into a new field – polymer banknote substrates and security features.
Behind this move is Vietnam’s Q&T Hi-Tech Polymer Company. Founded in 2016 and based in Hanoi, this 100% Vietnamese-owned company is the brainchild of Mr Anh Luong Ngoc, a local entrepreneur with a background in chemistry, infrastructure and security, having represented most of the leading banknote suppliers in the industry over the years in Vietnam. Q&T (which stands for Quality and Technology) Hi-Tech Polymer has recently launched POLYSECURE®, a polymer substrate for banknotes, to which it has dedicated extensive research, development, and manufacturing resources and which it claims is unique. POLY SECURE is not just a banknote substrate, says the company; it is a testament to its ingenuity and expertise. With it, the company has stated its intention to become a formidable player in the manufacturing and global supply of polymer banknote substrates with a product that is ‘set to redefine the concept of banknote security and durability’.