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Vietnam is among the markets with relatively high growth in data centers, at around 14%, while cloud computing services are growing at about 30% per year—roughly 1.5 times the global average, according to figures shared at the Data Center & Cloud Infrastructure Summit (DCCI Summit) 2026 on April 20.
Speaking at the event, Le Ba Tan, CEO of Viettel IDC, said Vietnam’s data center market continues to grow positively. He attributed the improved investment environment to favorable policies related to land, energy, taxes, and fees, which are helping attract new projects in major cities such as Hanoi and Ho Chi Minh City.
At the same time, the global data center market is projected to reach 627.4 billion USD by 2030, while the APAC region is expected to reach 174.8 billion USD. In Vietnam, total data center capacity currently stands at about 104 MW and is forecast to rise 5–6 times to nearly 600 MW by 2030.
Mr. Tan cited average growth rates of 8.8% globally and 9.3% in APAC, while Southeast Asia is growing at around 14%. He said Vietnam is in a high-growth data center region, higher than the world average by about one and a half times.
He also noted that while there are about 11,000 data centers globally, AI data centers—though accounting for less than 1% of the total number—consume up to 25% of total energy. The energy demand from AI data centers is expected to rise sharply over the next decade, potentially reaching up to half of the sector’s total energy consumption.
Asia-Pacific plans to deploy about 19.4 GW of AI-related data centers, with 3.7 GW already under construction—about 20% of the planned total.
Mr. Tan said many large data centers operated by Big Tech are moving to Southeast Asia, underscoring the region’s attractiveness for relocation by technology giants. In Vietnam, large-scale projects are being advanced not only by domestic firms such as Viettel, but also by international investors including G42 and Microsoft, with plans to deploy in Ho Chi Minh City during 2026–2027.
“Vietnam is an attractive destination to invest in next-generation data centers and surely these data centers will meet AI demand in the coming period,” Mr. Tan emphasized.
Mr. Tan outlined four criteria for an AI-ready data center:
He also highlighted a shift in business models. Previously, data centers were often sold by rack units or bandwidth. In the AI era, the value unit is expected to shift toward “token per watt,” reflecting AI processing efficiency per unit of energy consumed.
Under its plan, Viettel will deploy five large-scale data centers under the “AI Factory” model between 2026 and 2030, in locations including Ho Chi Minh City, Hanoi, Khanh Hoa, and Dong Thap. Total planned capacity is about 350 MW from now to 2030.
The group said it is building data center infrastructure while coordinating with domestic partners to help create foundations for Vietnam’s digital economy and AI economy in the coming period.
On cloud computing, Mr. Tan said global spending growth remains around 20% annually, with similar growth in the ASEAN region. In Vietnam, however, cloud service growth reaches about 30% per year—about 1.5 times the global average.
He noted that cloud’s role is changing. Previously, cloud was mainly used to flexibly scale resources. In the AI era, enterprises increasingly focus on data locality, governance, security, compliance, and long-term costs.
Experts cited that as many as 69% of enterprises are considering shifting some workloads from public cloud to private cloud. They also said the sovereign cloud IaaS market is projected to reach 80 billion USD in 2026, indicating that cloud is no longer only a technology choice but also a strategic decision tied to data governance and digital sovereignty.
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