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.
Viettel’s latest data center in the Hoa Lac Hi-tech Park, Hanoi. Photo courtesy of the government’s news portal.
Covering 21,000 square meters, the new center houses over 60,000 servers and more than 2,400 racks, and has a capacity double the average in Vietnam, the government's news portal said.
The center is the 14th built by Viettel, and is designed to handle the compute and capacity demands of artificial intelligence (AI) apps and services.
It brings the telco’s total capacity to 230,000 servers, 81,000 sq.m of floor space, 11,500 racks, and 87 MW of electricity, which is equivalent to a global super data center.
Holding several green certificates such as energy management, environmental impact, and labor hygiene management standards, it is also the first data center in Vietnam to commit to being 30% powered by renewable energy.
Looking ahead, the telco will invest an additional VND10 trillion ($401 million) in data centers, raising its capacity to 17,000 racks by 2025, and VND40 trillion to reach 34,000 racks by 2030, said the company’s chairman and general director, Tao Duc Thang.
With this capacity, Viettel is ready to support a boom in cloud computing services in Vietnam, Thang added.
Speaking at the inauguration, Minister of Information and Communications Nguyen Manh Hung hailed Viettel’s plan to build at least three more data centers in the next two years with a combined capacity of 240 MW.
Minister of Information and Communications Nguyen Manh Hung speaks at the inauguration ceremony of Viettel’s latest data center in the Hoa Lac Hi-tech Park, Hanoi, April 10, 2024. Photo courtesy of Viet Times magazine.
The minister noted that investing in data centers will open up new growth space for telecommunications service providers in the country.
He also highlighted data as the most important resource of a digital economy, and a country's future wealth is measured by data. A safe and reliable data center with maximum security and the most advanced technology like Viettel’s Hoa Lac facility will play an important role in protecting data sovereignty and personal data in Vietnam.
In October 2023, state-owned telco VNPT opened the VNPT IDC Hoa Lac data center, the biggest in Vietnam at the time, also in Hoa Lac Hi-tech Park. The facility, VNPT's eighth, covers 2.3 hectares and can support 2,000 racks.
Vietnam’s cloud and data center industry is one of the fastest growing in the world, according to Savills Vietnam.
Domestic and foreign firms have rushed to build data centers in the Southeast Asian country, which is speeding up digital transformation and implementing stricter regulations on data localization for foreign firms.
Notable players in Vietnam’s data center segment include local telcos such as Viettel IDC, NTT Global Data Centers, FTP Telecom, CMC Telecom, HTC Telecom International, VNPT, and VNTT, while foreign firms like Amazon Web Services, HP, Dell, Cisco Systems, Fujitsu, Hitachi, Huawei, IBM, Lenovo, NetApp, NEC Corp, and Oracle are also present.
- Read More
From Phu Quoc to Sa Pa: Why Vietnam’s tourism accelerating in Southeast Asia
Leading U.S. business magazine Fortune has described Vietnam as an emerging tourism “hot spot” in Southeast Asia, driven by the strong rise of destinations such as Phu Quoc and Sa Pa.
Travel - Thu, July 9, 2026 | 11:09 pm GMT+7
VietinBank seeks to divest entire stake in Hai Phong Port via public auction
VietinBank (HoSE: CTG) plans to divest its entire stake in state-controlled Hai Phong Port (UPCoM: PHP) through a public auction on the Hanoi Stock Exchange (HNX), potentially raising nearly VND278 billion ($10.57 million).
Companies - Thu, July 9, 2026 | 5:10 pm GMT+7
Starlink begins taking orders in Vietnam, first-year service costs $1,190
Starlink, the satellite internet service operated by Elon Musk’s SpaceX, has released pricing and started accepting orders in Vietnam, with first-year costs estimated at about VND31.4 million ($1,190).
Companies - Thu, July 9, 2026 | 4:09 pm GMT+7
Masan High-Tech Materials partners with S Korea’s GBI on tungsten processing
Masan High-Tech Materials (UPCoM: MSR), the mining unit of Vietnamese conglomerate Masan Group (HoSE: MSN), has entered into a strategic partnership with South Korea’s GB Innovation (GBI) to process Korean tungsten concentrate into higher-value products in Vietnam, strengthening a non-Chinese tungsten supply chain.
Companies - Thu, July 9, 2026 | 3:51 pm GMT+7
Idemitsu Kosan expands energy ecosystem in Vietnam
After more than three decades of operations in Vietnam, Japan’s Idemitsu Kosan is further expanding its energy ecosystem with a biomass pellet plant project in the central province of Gia Lai.
Industries - Thu, July 9, 2026 | 1:43 pm GMT+7
Two banks to list on Ho Chi Minh City bourse, expand charter capital
Vietnam's private banks Vietbank and BVBank are finalizing the last steps to transfer their trading from the unlisted public company market UPCoM to the Ho Chi Minh Stock Exchange (HoSE), while simultaneously implementing plans to increase their charter capital.
Banking - Thu, July 9, 2026 | 11:51 am GMT+7
Strong Q2 earnings, lower interest rates to bolster Vietnam stocks
Strong second-quarter corporate earnings and declining interest rates are expected to support Vietnam's stock market in the coming months, brokerage firms said, as the market moves beyond a period of limited news flow and enters a more favorable phase driven by improving fundamentals.
Finance - Thu, July 9, 2026 | 8:00 am GMT+7
Wistron raises construction, equipment investment in northern Vietnam province to $178 mln
Taiwanese technology firm Wistron has increased its investment in factory construction and equipment in Ninh Binh province to $178.27 million, adding $24.5 million to expand its facilities at Kim Bang Industrial Park.
Industries - Wed, July 8, 2026 | 7:56 pm GMT+7
Sun Group targets groundbreaking for $624 mln urban projects in central Vietnam this year
Vietnam's leading developer Sun Group aims to begin construction of two urban projects worth a combined VND16.4 trillion ($623.78 million) in the central province of Quang Ngai by the end of 2026, while also advancing plans for a new expressway linking the province with the Central Highlands.
Real Estate - Wed, July 8, 2026 | 4:54 pm GMT+7
Vietnam raises airport number target to 36 by 2030 as aviation demand surges
Vietnam plans to expand its airport network to 36 airports by 2030, up from the previous target of 30, under a revised national aviation infrastructure plan aimed at catering for rising passenger demand and boosting regional connectivity.
Infrastructure - Wed, July 8, 2026 | 4:45 pm GMT+7
Germany's VFT Bio Fuels UG eyes $3.1 bln green steel complex in southern Vietnam
Vietnamese industrial park developer IMG Phuoc Dong and Germany’s VFT Bio Fuels UG have signed a memorandum of understanding to study the development of a $3.1 billion green steel complex in the southern province of Tay Ninh.
Industries - Wed, July 8, 2026 | 4:25 pm GMT+7
Vietnam police minister urges Yamato Holdings to study investment in Gia Binh airport
Vietnam’s Minister of Public Security Luong Tam Quang has called on Japan’s Yamato Holdings to assess investment opportunities in warehousing and cargo transport systems at Gia Binh International Airport, while exploring potential cooperation and operational models with Vietnamese partners once the facility becomes operational.
Infrastructure - Wed, July 8, 2026 | 3:09 pm GMT+7
Vietnam real estate M&A favors quality, clear legal status assets as FDI priorities evolve
Vietnam's real estate M&A market continued to attract foreign capital in the first half of 2026 despite persistent global economic uncertainties, but foreign investors are increasingly targeting assets with clear legal status, stable cash flow, and strong operational performance, with data centers emerging as a key growth segment.
Real Estate - Wed, July 8, 2026 | 1:38 pm GMT+7
Central Vietnam hub Danang plans to tokenize nearly $4 bln in infrastructure projects to attract global capital
The Vietnam International Financial Center, located in the central city of Danang (VIFC Danang), plans to tokenize nearly $4 billion worth of infrastructure projects as part of a strategy to attract more global capital.
Economy - Wed, July 8, 2026 | 12:17 pm GMT+7
Computers, smartphones edge higher in price as AI memory boom tests Vietnam's ICT firms
Rising memory chip prices driven by artificial intelligence are spreading from semiconductor manufacturers to consumer electronics brands such as Apple, Dell and ASUS, pushing up the prices of computers and smartphones.
Companies - Wed, July 8, 2026 | 8:00 am GMT+7
LG Innotek to build $1 bln semiconductor substrate plant in northern Vietnam
South Korea's LG Innotek will spend $1 billion to build a semiconductor package substrate manufacturing plant in Hai Phong city, with mass production scheduled to begin in the third quarter of 2028, according to local authorities.
Industries - Tue, July 7, 2026 | 11:13 pm GMT+7




















