Vietnam is rapidly establishing itself as a significant player in the global data centre market, driven by various factors including the increasing digitalisation efforts of its domestic small and medium-sized enterprises (SMEs), the tech-savvy nature of its young population, the rollout of 5G technology, and a rising demand for self-reliant digital infrastructure and data sovereignty.
The Vietnamese data centre market has experienced remarkable growth, surpassing US$1 billion last year, almost doubling the figures recorded in 2022. Notably, the majority of participants in this burgeoning sector are domestic telecommunications companies, indicative of the local industry’s growing capabilities and investment in digital infrastructure.
