Vietnam offers huge opportunities for data center developers: VNG Cloud executive
There are huge opportunities for data center developers in Vietnam amid rising demand, especially from foreign customers, says Nguyen Thanh Danh, chief operation officer of VNG Cloud, an affiliate of leading tech firm VNG.
VNG Data Center in District 7, Ho Chi Minh City. Photo courtesy of VNG.
VNG recently launched a new data center in Ho Chi Minh City. What do you think about investment opportunities in this field amid strong digital transformation in Vietnam?
At present, data center (DC) capacity in Vietnam has yet to meet the real needs of users and is much lower than in other countries in Southeast Asia like Singapore, Thailand and Malaysia. Most of the existing DCs are fully filled with servers.
There are huge opportunities for DC developers in Vietnam amid high present and future demand for DCs in general and high-quality DCs in particular, especially among foreign customers, once regulations on client data storage officially come into effect.
The new DC of VNG is one of the three in Vietnam to obtain Uptime Tier III standards. What are VNG Data Center’s outstanding advantages to attract corporate users?
Among the DCs meeting Uptime Tier III standards, VNG Data Center has been well equipped with all electromechanical, network and security devices imported from the most advanced industrial countries like the U.S., Japan, Germany and France.
With its current capacity of over 400 racks, which can be expanded to 1,600 racks in maximum, VNG Data Center is the largest rack capacity DC in Vietnam, fully prepared to meet the large demand at present and in future from any clients.
In addition, the operators of the center hold all international certificates regarding design and operation like Accredited Tier Designer (ATD), Certified Data Center Expert (CDCE), Certified Data Center Facilities Operations Manager (CDFOM), Certified Data Center Migration Specialist (CDMS), Certified Data Centre Risk Professional (CDRP), Data Centre Foundation Certificate (DCFC), and Certified Data Center Professional (CDCP). They also boast more than 15 years of DC operation experience.
In 2023, VNG Data Center strives to obtain the Uptime Tier Certification of Operational Sustainability (TCOS), a certificate that no data center in Vietnam has been certificated so far.
Which conditions does the system of data centers in Vietnam should have to cater to the digital transformation needs and business trends?
Uptime Tier III or TIA-942 rate 3 recognizes the availability and security of a DC in Vietnam. In addition, large capacity, high scalability and speed are also important factors to meet the current usage and future expansion needs of enterprises and organizations.
What is your forecast on Vietnam's digital transformation pace in the coming years?
Despite being facilitated by the government for a long time, digital transformation in both the public and private sectors did not take place as quickly as expected compared to other countries in the region. However, the process has been speeded up recently as organizations and enterprises have become more aware of the benefits of digital transformation. From 2023, the market is predicted to make strong breakthroughs despite economic difficulties.
There will be huge opportunities for IaaS (Infrastructure as a Service), PaaS (Platform as a Service) and SaaS (Software as a Service) businesses, with DC and Cloud Computing playing a great role in IaaS.
- Read More
Maintaining market status upgrade a bigger challenge: official
Vietnam's stock market status will be upgraded by FTSE Russell from "frontier" to "secondary emerging" from September 21 next year, but continued reform is critical as the bigger challenge is to maintain the new classification, said a market watchdog official.
Finance - Sat, October 18, 2025 | 1:30 pm GMT+7
HCMC partners with Nasdaq to develop int’l financial center
The Finance Department of Vietnam’s southern metropolis Ho Chi Minh City has signed an MoU with the U.S.-based stock exchange Nasdaq on the development of an international financial center (IFC).
Top News - Sat, October 18, 2025 | 11:56 am GMT+7
Vingroup plans $325 mln issuance of international bonds
Vietnam's leading private conglomerate Vingroup (HoSE: VIC) has announced a board of directors resolution to issue $325 million worth of international bonds, with a five-year term and a yield of 5.5% per year.
Companies - Sat, October 18, 2025 | 10:26 am GMT+7
Vietnam raises personal income tax deductions by over 40%
The Standing Committee of Vietnam’s National Assembly, the country's legislature, on Friday approved a resolution on adjusting personal income tax (PIT) deductions, marking a significant increase of over 40% from current levels.
Economy - Sat, October 18, 2025 | 9:11 am GMT+7
EVN subsidiary spreads the spirit of solidarity, compassion
The employees of National Power Transmission Corporation (EVNNPT) came together in an inspiring display of unity and compassion in October, each donating one day’s salary to support and express solidarity with the people of Cuba - a nation that has long shared a special friendship with Vietnam.
Companies - Sat, October 18, 2025 | 9:00 am GMT+7
Property fever prompts tighter inspection in central Vietnam's economic hub Danang
Chairman of Danang city People’s Committee, Pham Duc An, has ordered a comprehensive inspection and audit of land valuation and auction activities to prevent and address market manipulation that could destabilize the local property market.
Real Estate - Sat, October 18, 2025 | 8:00 am GMT+7
Vietnam mulls opening door for private investment in small modular reactors
Vietnam’s Ministry of Industry and Trade has drafted a parliamentary resolution that, for the first time, would allow private companies to participate in the development of small modular nuclear reactors (SMRs).
Energy - Fri, October 17, 2025 | 4:37 pm GMT+7
Kido seeks buyer for remaining 49% stake in frozen food affiliate
Kido Group (HoSE: KDC), a leading food company in Vietnam, has approved a plan to divest the firm's remaining 49% stake in its affiliate Kido Frozen Food JSC (Kido Foods).
Companies - Fri, October 17, 2025 | 4:25 pm GMT+7
Le Ngoc Quang appointed Danang city's Party chief
Le Ngoc Quang, a Party Central Committee member and Party chief of Quang Tri province, has been appointed Party chief of Danang for the 2025-2030 term - the highest position in the city, central Vietnam's economic hub.
Politics - Fri, October 17, 2025 | 4:17 pm GMT+7
T&T Group seeks to reshape north-central Vietnam’s urban landscape with major projects
Multi-sector conglomerate T&T Group is developing a model eco-urban complex in Ha Tinh province and plans to build a massive 236-hectare urban area in neighboring Nghe An, with an aim to reshape north-central Vietnam's urban landscape.
Investing - Fri, October 17, 2025 | 2:44 pm GMT+7
Toyota plans $359 mln plant expansion in northern Vietnam
Toyota Motor Vietnam (TMV) plans to invest about VND9.46 trillion ($359.2 million) in the first phase of its plant expansion project in Phu Tho province.
Investing - Fri, October 17, 2025 | 2:09 pm GMT+7
PVI Insurance sees 9-month profit before tax more than doubling
PVI Insurance has reaffirmed its position as the No. 1 non-life insurer in Vietnam, with total revenue increasing nearly 1.4 times in the first nine months of 2025 and pre-tax profit more than doubling year-on-year - surpassing its full-year targets for both revenue and profit.
Companies - Fri, October 17, 2025 | 9:08 am GMT+7
Vingroup to develop 4,600ha coastal urban project in northern Vietnam
A consortium of Vingroup (HoSE: VIC) and its real estate arm Vinhomes (HoSE: VHM) will develop a 4,600-hectare coastal urban complex in Ha An ward, Quang Ninh province, following local authorities’ approval of a zoning plan.
Real Estate - Fri, October 17, 2025 | 8:30 am GMT+7
Indonesia resumes int’l carbon trading after 4-year hiatus
Indonesian President Prabowo Subianto has issued a new decree to restart international carbon emissions trading after a four-year hiatus.
Southeast Asia - Thu, October 16, 2025 | 9:23 pm GMT+7
Investors seek 2-year delay for $2.56 bln LNG power project in northern Vietnam, citing equipment hurdles
Investors of a $2.56 billion LNG-fired power plant in Hung Yen province have proposed delaying the project’s commercial operation schedule by two years due to difficulties securing key equipment.
Energy - Thu, October 16, 2025 | 9:04 pm GMT+7
Vietnam to soon raise taxpayers' personal deduction: official
The personal income tax deduction in Vietnam is "very likely" to increase to VND21.7 million ($823,940) per month, including VND15.5 million (588,530) for the taxpayer and VND6.2 million ($235,410) for each dependent.
Finance - Thu, October 16, 2025 | 6:25 pm GMT+7




















