The Data Center (DC) market in Vietnam is experiencing rapid growth, projected to reach USD 1.75 billion by 2030 with a high growth rate (CAGR ~17.93%). The main concentration is in Ho Chi Minh City (18 DCs) and Hanoi (16 DCs). The infrastructure is undergoing a strong transition from traditional data centers to green hyperscale data centers built to Tier III standards to support AI and cloud computing. Overview of the Vietnam Data Center market (2025–2026).
Strong growth: Vietnam is considered an attractive destination in Southeast Asia, with the market reaching USD 654 million in 2024 and expected to grow rapidly.
Geographical distribution: Mainly concentrated in major urban areas, led by Ho Chi Minh City (18 DCs) and Hanoi (16 DCs), followed by Da Nang, Hai Phong, and Dong Nai.
Hyperscale & Green trend: A shift toward hyperscale data centers (>100 MW) to meet the growing demand for AI and cloud computing.
Major providers:
- Viettel IDC: Notable for its 140 MW data center project launched in 2025 in Ho Chi Minh City.
- FPT Telecom: Operating large data centers, including the FPT Fornix HCM02 Data Center launched in 2025.
- CMC Telecom: Planning to start construction of a large-scale data center (up to 120 MW) in Q2/2026.
- VNPT, Mobifone, VNG: Operating high-standard Tier III data center infrastructures.
Drivers and challenges
- Drivers: National digital transformation, increasing demand for AI, IoT, and cybersecurity policies requiring local data storage.
- Standards: Most new data centers meet international standards such as TIA-942, Tier III, and ISO 27001.
- Challenges: Requirements for sustainable energy, high technical expertise, and significant investment costs.
Vietnam is transforming from a small market into an important regional data infrastructure hub, particularly with the development of AI-dedicated data centers to serve both domestic and regional demand.
