Military-run telco Viettel inaugurates biggest data center in Vietnam

Military-run telco Viettel inaugurates biggest data center in Vietnam

Military-owned telecom firm Viettel has inaugurated a 30-MW data center in Hoa Lac Hi-tech Park on the outskirts of Hanoi, the largest of its kind in Vietnam.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Intel, Vietnam telco Viettel partner up in AI, 5G, data center, smart devices

Intel, Vietnam telco Viettel partner up in AI, 5G, data center, smart devices

Vietnamese telecom giant Viettel and U.S. technological firm Intel have signed a memorandum of understanding to accelerate research & development (R&D) and advanced technologies at the Mobile World Congress (MWC) 2024.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam among world's fastest growing data center markets

Vietnam among world's fastest growing data center markets

As demand for data and its storage increases around the world, previously underserved data center (DC) markets are quickly establishing a presence on the main stage, write Savills Vietnam analysts.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

New law on telecoms seeks to protect user rights, facilitate industry development

New law on telecoms seeks to protect user rights, facilitate industry development

The amended Law on Telecommunications, approved by the parliament on November 24, applies a “light management” approach which is open and flexible, aiming to protect users' rights, ensure safety and security, and facilitate the development of services, wrote Anh Dang, a senior partner at VILAF law firm.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

‘Soft management approach’ for data center services, cloud computing: Minister

‘Soft management approach’ for data center services, cloud computing: Minister

Vietnam’s Information and Communication Minister Nguyen Manh Hung said Thursday that his ministry was pursuing a soft management approach for data center services and cloud computing.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam industrial, logistics real estate flashing on investors’ radars

Vietnam industrial, logistics real estate flashing on investors’ radars

Industrial and logistics properties in Vietnam are the preferred asset choice for foreign investors, with the country growing into a new global manufacturing hub, while the office segment is also in demand, said Cushman & Wakefield’s Asia Pacific CEO Matthew Bouw.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Viettel, Intel to cooperate in digital services, 5G, cloud

Viettel, Intel to cooperate in digital services, 5G, cloud

Military-run telecom group Viettel and global tech giant Intel have signed a memorandum of understanding (MoU) on network transformation strategies and joint innovations for 2023-2024, focusing on digital services, 5G, and cloud services.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC among top data center destinations in land costs

HCMC among top data center destinations in land costs

Vietnam’s Ho Chi Minh City is in the top 10 group for selection in the Land Price category in global property services firm Cushman & Wakefield’s latest annual report on data center developments.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Tech firm VNG launches tier III data center in HCMC

Tech firm VNG launches tier III data center in HCMC

VNG Corporation launched its tier-III VNG Data Center in Tan Thuan Export Processing Zone, District 7, Ho Chi Minh City on Friday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

US property developer Hines enters ‘exciting, strategic' Vietnam

US property developer Hines enters ‘exciting, strategic' Vietnam

U.S. real estate developer Hines has set up in HCMC its first Vietnam office, its second in Southeast Asia after Singapore and its 10th in the Asia-Pacific region.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam can become world's major data center market: Cushman & Wakefield

Vietnam can become world's major data center market: Cushman & Wakefield

Vietnam can become a major global data center market given the country's political stability, absence of terrorism and low incidence of natural disasters, according to Cushman & Wakefield.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Viettel Group unit scores $17 mln green loan for data center

Viettel Group unit scores $17 mln green loan for data center

Information technology infrastructure developer Viettel IDC has secured a loan facility of VND400 billion ($17 million) from HSBC Vietnam to build a data center in Hanoi.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Companies in Vietnam obliged to store user data locally

Companies in Vietnam obliged to store user data locally

In its latest cybersecurity move, the Vietnamese government will require technology firms to store their Internet user data and establish local offices within the country.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam a low-risk, attractive destination for investors: Savills

Vietnam a low-risk, attractive destination for investors: Savills

Vietnam, on a competitive basis versus China, other parts of Southeast Asia or India, offers a relative low-risk environment to do business, according to top Savills executives.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Telecom giant VNPT profit drops 12% in 2021

Telecom giant VNPT profit drops 12% in 2021

The state-owned Vietnam Posts and Telecommunications Group (VNPT) reported a profit after tax of VND5,055 billion ($218 million) in 2021, down 11.6% from 2020.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Viettel to build Vietnam's biggest data center in HCMC

Viettel to build Vietnam's biggest data center in HCMC

Vietnamese telco Viettel will build a data center in Ho Chi Minh City, aiming to invest VND6 trillion ($261 million) in the project described as the nation's largest.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7