Vietnam's data center market is attracting foreign investors due to high demand, according to JLL's comprehensive market report on Vietnam's data center sector.

The Viettel Hoa Lac Data Center, the largest and the first green DC in Vietnam, has electricity consumption capacity of 30MW. It is the first DC in Vietnam to receive green credit from HSBC.

The military-run telecom service provider Viettel on April 10 inaugurated its data centre in Hoa Lac Hi-tech Park in Hanoi - one of the largest data centres in Vietnam so far.

Vietnam is seen as one of the fastest-growing data centre markets globally.

Cloud computing and data centres play an important role in shaping digital infrastructure in VN together with broadband telecommunications.

The Government on October 30 approved a development plan on the National Data Centre, expected to help Vietnam reach higher positions in the global e-Government, information technology, and cybersecurity rankings.

The Vietnam Posts and Telecommunications Group (VNPT) on October 25 opened its largest data centre - VNPT IDC Hoa Lac - at the Hanoi-based Hoa Lac High-Tech Park.

The data centre industry in Vietnam is on the rise and is being driven by a number of factors, as heard at a Ho Chi Minh City forum at the end of last month.

Under the impact of Covid-19, many activities have moved to online platforms and amount of data uploaded has been increasing.

Foreign and domestic companies are strongly eyeing to develop data centres in Vietnam, as demand for data storage in the country is increasing.

In 2016, Vietnam was already described as Southeast Asia’s Silicon Valley.