Vietnam data market charms foreign players: property firms

Vietnam data market charms foreign players: property firms

A host of foreign companies are looking to invest in data centers in Vietnam given its substantial growth potential while the market is still dominated by local telecommunication firms, says property service provider Jones Lang LaSalle (JLL).

Infrastructure - Tue, May 14, 2024 | 11:26 am

Korea’s Hyosung eyes ATM production, data center in Vietnam

Korea’s Hyosung eyes ATM production, data center in Vietnam

Multi-industry conglomerate Hyosung, the third largest South Korean investor in Vietnam after Samsung and LG, plans to manufacture automated teller machine (ATMs) and build a large data center in Ho Chi Minh City.

Industries - Sat, May 11, 2024 | 10:05 am

Vietnam short of data centers despite investment rush

Vietnam short of data centers despite investment rush

An investment rush by major Vietnamese firms including telecom giant VNPT and tech giant FPT has not been able to meet the demand for data centers in the country, market observers say.

Infrastructure - Sun, October 29, 2023 | 9:27 am

Data centers set to soar as Vietnam digital economy takes big strides

Data centers set to soar as Vietnam digital economy takes big strides

The number of data centers (DCs) is set to rise exponentially in Vietnam as both domestic and foreign companies look to boost capacity and meet rising demand, a new report says.

Industries - Mon, July 10, 2023 | 5:32 pm

Singapore’s Keppel keen on new Vietnam opportunities: executive

Singapore’s Keppel keen on new Vietnam opportunities: executive

Singapore's Keppel Corporation is seeking to make more inroads into the Vietnamese market as the country offers diverse long-term opportunities, including those from energy, green development, the environment, and data centers. Joseph Low, president of Keppel Land Vietnam, tells The Investor.

Executive Talk - Tue, April 25, 2023 | 7:00 am

Demand for data centers attracts global investors to Vietnam

Demand for data centers attracts global investors to Vietnam

Data center investments in Vietnam are gathering momentum as the country looks toward the digital transformation of its fast-expanding economy and implements regulations on data localization for foreign firms.

Industries - Thu, March 30, 2023 | 9:29 am

Industrial real estate, data center market hot spots in Vietnam: NAI Global

Industrial real estate, data center market hot spots in Vietnam: NAI Global

Multinationals’ supply chain diversification via a “China+1” strategy and developing data centers as an emerging support segment can be noted as current bright colors in Vietnam’s real estate industry. Tony Picon, Vietnam executive director for commercial real estate brokerage firm NAI Global, explains the trends to The Investor.

Executive Talk - Wed, March 1, 2023 | 9:04 am

Vietnam behind Malaysia, Thailand in digital entrepreneurship: ADB

Vietnam behind Malaysia, Thailand in digital entrepreneurship: ADB

Vietnam ranked 63rd in the Asian Development Bank's global index of digital entrepreneurship systems with a score of 23.1 out of 100, behind Singapore, Malaysia, and Thailand in Southeast Asia.

Economy - Thu, September 22, 2022 | 12:34 pm