Viettel to build Vietnam's biggest data center in HCMC

By An Le
Sat, April 23, 2022 | 2:58 pm GMT+7
Data centers store and share applications and data. Photo courtesy of Viettel.

Data centers store and share applications and data. Photo courtesy of Viettel.

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.

The outlying districts of Cu Chi and Hoc Mon have been selected to house the project, but the state-run group has not unveiled project specifications or timelines. Viettel said it would collaborate with district authorities to carry out digital transformation efforts in these areas.

Towards that end, the telco aims to invest in 4G and 5G infrastructure with broadband services for Cu Chi and Hoc Mon residents, and optical cable infrastructure for every household by 2025.

In terms of digital administration, Viettel will develop and provide smart control center services, and a shared data center system for government administration.

The group said it would provide 100% of businesses in HCMC with a digital management platform. Viettel would also assist residents in both districts in using digital management platforms, electronic contracts, and digital signatures.

In May 2020, FPT Group, one of Vietnam's leading IT service companies, began to build a data center in HCMC's District 9. The eight-level center was built on an area of 10,000 square meters, providing 3,600 racks.

It was considered Vietnam’s largest data center at that time and was set for completion by Q1/2021. However, construction has not been finished and FPT has not updated project timelines.

Comments (1)
  • Read More
Fueling Vietnam’s growth

Fueling Vietnam’s growth

Vietnam is heavily investing in large-scale, long-term projects in energy and infrastructure sectors which require billions of dollars far more than can be easily raised through internal business profits or tight domestic loans, writes Tim Evans, CEO, HSBC Vietnam.

Economy - Fri, December 26, 2025 | 1:38 pm GMT+7

Visa, Sun Group partner to empower personalized, data-driven tourism

Visa, Sun Group partner to empower personalized, data-driven tourism

Sun Group last Saturday signed a comprehensive strategic partnership with Visa to elevate the travel experience of international visitors to Vietnam through digital innovation, seamless cashless payments, and data-driven marketing solutions.

Companies - Fri, December 26, 2025 | 12:21 pm GMT+7

Sun Group proposes master plan for northern Vietnam's Ban Gioc waterfall tourist area

Sun Group proposes master plan for northern Vietnam's Ban Gioc waterfall tourist area

Vietnam’s leading real estate developer Sun Group on Thursday presented its master plan for the Ban Gioc Waterfall Tourist Area in the northern mountainous border province of Cao Bang to local authorities for the first time.

Real Estate - Fri, December 26, 2025 | 11:41 am GMT+7

Macro conditions open room for Vietnam's property market to enter new cycle: economist

Macro conditions open room for Vietnam's property market to enter new cycle: economist

Vietnam’s macroeconomic conditions are creating room for the property market to enter a new growth cycle, as legal reforms and public investment accelerate while financial risks remain largely contained, said Can Van Luc, chief economist at state-controlled BIDV bank.

Real Estate - Fri, December 26, 2025 | 10:00 am GMT+7

Indonesia, US eye deal on tariff exemptions for palm oil, coffee

Indonesia, US eye deal on tariff exemptions for palm oil, coffee

Indonesia and the U.S. have agreed on all substantial issues for a tariff deal, paving the way for the signing of an agreement by Indonesian Prabowo Subianto and U.S. President Donald Trump at the end of January.

Southeast Asia - Fri, December 26, 2025 | 8:05 am GMT+7

Indonesia's rice stock set to hit record in 2025

Indonesia's rice stock set to hit record in 2025

Indonesian Minister of Agriculture Andi Amran Sulaiman said on December 22 that the government's rice reserve (CBP) is projected to reach 3.5 million tons by the end of 2025, marking the highest level since the country’s independence.

Southeast Asia - Fri, December 26, 2025 | 8:00 am GMT+7

MIK Group withdraws from Hanoi's $32.49 bln Red River Scenic Boulevard project after groundbreaking ceremony

MIK Group withdraws from Hanoi's $32.49 bln Red River Scenic Boulevard project after groundbreaking ceremony

Vietnam’s MIK Group has asked to withdraw from the Red River Scenic Boulevard project in Hanoi and transfer all of its rights and obligations in the investor consortium to Dai Quang Minh Real Estate Investment JSC.

Real Estate - Thu, December 25, 2025 | 10:26 pm GMT+7

Vingroup withdraws from Vietnam North-South high-speed rail bid

Vingroup withdraws from Vietnam North-South high-speed rail bid

Vingroup has withdrawn its registration to invest in Vietnam's North-South high-speed railway project, saying it wants to concentrate resources on other strategic infrastructure and energy projects.

Infrastructure - Thu, December 25, 2025 | 4:37 pm GMT+7

Vietnam sees about 785,000 successful real estate transactions annually since 2022

Vietnam sees about 785,000 successful real estate transactions annually since 2022

Vietnam’s real estate market has gradually recovered and resumed growth since 2022, with annual transactions reaching 537,000-785,000, according to the Ministry of Construction.

Real Estate - Thu, December 25, 2025 | 3:54 pm GMT+7

Vietnam PM orders resolution of bottlenecks at GS Energy-backed LNG projects

Vietnam PM orders resolution of bottlenecks at GS Energy-backed LNG projects

Prime Minister Pham Minh Chinh has directed authorities to resolve outstanding obstacles facing the Long An LNG I and II power projects, worth a total of $3.13 billion and backed by South Korea’s GS Energy, as the government seeks to accelerate large-scale energy investments nationwide.

Energy - Thu, December 25, 2025 | 3:25 pm GMT+7

Deo Ca Group withdraws from Hanoi’s gigantic project Red River Scenic Boulevard, cites focus on core expertise

Deo Ca Group withdraws from Hanoi’s gigantic project Red River Scenic Boulevard, cites focus on core expertise

Deo Ca Group, a major Vietnamese infrastructure developer, said it has decided to withdraw from participation in Hanoi’s Red River Scenic Boulevard project, despite being among the first companies to help bring the long-delayed scheme off the drawing board.

Real Estate - Thu, December 25, 2025 | 2:09 pm GMT+7

Vietnam banks hold extraordinary shareholder meetings for management shake-up

Vietnam banks hold extraordinary shareholder meetings for management shake-up

Several Vietnamese banks have convened extraordinary general meetings of shareholders (EGMs), signalling a broader phase of management restructuring and strategic realignment as the sector prepares for a new growth cycle in 2026.

Banking - Thu, December 25, 2025 | 12:28 pm GMT+7

Vietnamese agri major Loc Troi’s predicament ahead of partnership with TTC AgriS

Vietnamese agri major Loc Troi’s predicament ahead of partnership with TTC AgriS

TTC AgriS, a leading sugar maker in Vietnam, and Loc Troi Group, a major agricultural service supplier and producer, have agreed to cooperate in a bid to upgrade the country’s rice industry. But Loc Troi is entering the partnership amid the most severe crisis in its history and faces an urgent need for substantial financial support.

Companies - Thu, December 25, 2025 | 8:37 am GMT+7

Korean textile maker Panko Vina to shut Vietnam operations from Feb

Korean textile maker Panko Vina to shut Vietnam operations from Feb

Panko Vina Co Ltd, a South Korean textile manufacturer, will cease all production and business operations in Vietnam from February 1, 2026, ending more than 23 years of operations in the country.

Companies - Wed, December 24, 2025 | 9:13 pm GMT+7

Vietnam's garment giant Vinatex posts second-highest profit in 30 years despite trade headwinds

Vietnam's garment giant Vinatex posts second-highest profit in 30 years despite trade headwinds

Vietnam National Textile and Garment Group (Vinatex), the country's top garment maker, expects consolidated profit to reach VND1,355 billion ($51.5 million) in 2025, the second-highest result in its 30-year history, despite mounting global trade and cost pressures on the industry.

Companies - Wed, December 24, 2025 | 5:03 pm GMT+7

Finding a new balance

Finding a new balance

The State Bank of Vietnam's proactive and flexible monetary policy in 2026 is expected to maintain market operations within a stable range. For businesses, particularly those in the external sector, it remains essential to proactively hedge against exchange rate and interest rate risks to protect their bottom line, writes Vu Binh Minh, associate director, FX Trading, MSS, HSBC Vietnam.

Consulting - Wed, December 24, 2025 | 4:47 pm GMT+7