Vietnam’s Digital Leap: Data Centers Driving Transformation

 

WHAT

Vietnam’s data center market is accelerating, driven by AI adoption, cloud migration, and the government’s National Digital Transformation Program, which targets 100% of enterprises using digital platforms by 2030. Vietnam is currently witnessing a surge in multi-billion-dollar investments in AI-driven data centers, positioning the country as a rising regional hub for advanced computing and cloud infrastructure. Major projects by KBC, Viettel, and CMC, alongside proposals from global players like Microsoft and G42, aim to deliver hyperscale facilities with capacities exceeding 100 MW and integrated AI capabilities.

 

HOW
  • Vietnam’s data center market is projected to reach 1.8 billion USD by 2030, growing at a CAGR of 13–16%. Key drivers include 5G rollout, cloud adoption, and AI-driven applications across banking, e-commerce, and manufacturing.
  • The government’s National Digital Transformation Program and Cybersecurity Law mandate local data storage for critical sectors, creating demand for Tier III and Tier IV facilities.
    Recent PDP8 revisions also emphasize energy efficiency and renewable integration for data centers, aligning with Vietnam’s carbon neutrality goals by 2050.
  • Local operators such as VNPT IDC, Viettel IDC, and FPT Telecom are investing in Tier III+ facilities, while foreign investors are entering via joint ventures. Recent projects include VNPT’s 30 MW facility in Hanoi and Viettel IDC’s expansion in Ho Chi Minh City, signaling readiness for large-scale deployments.

Swedish companies could provide the following solutions:

  • Energy-efficient solutions: Demand for advanced cooling, power management, and renewable integration creates opportunities for Swedish firms specializing in green technologies.
  • Cybersecurity & cloud integration: Swedish expertise in secure cloud architecture, data protection, and AI-driven monitoring can support Vietnam’s compliance needs.
  • Consultancy & design: Advisory services for data center design, energy optimization, and regulatory navigation are in high demand as Vietnam scales up Tier III and IV facilities.

 

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