Quite a few home expertise corporations are massively investing in establishing information facilities that meet worldwide requirements and regional scale to contribute to the nationwide digital transformation course of.
In mid-Might, Vice Chairman of the HCMC Individuals’s Committee Vo Van Hoan distributed the funding certificates for Viettel’s mission to assemble its Knowledge Service and Excessive-Tech Analysis and Improvement Middle in Tan Phu Trung Industrial Park (Cu Chi District, HCMC).
The mission, with an funding worth of VND14.7 trillion (US$577.5 million), will cowl an space of 40,000m2. Part 1 is scheduled to start operations within the fourth quarter of 2025, whereas Part 2 is slated for the primary quarter of 2028.
This digital infrastructure mission materializes Viettel’s funding memorandum with HCMC Individuals’s Committee to help digital transformation objectives, as introduced on the Funding Promotion Convention for Hoc Mon and Cu Chi districts in April 2022. The mission will function a knowledge hub attracting international corporations like Microsoft, Google, and Amazon to Vietnam and as a broadband connection hub linking HCMC to locations worldwide.
Different technological companies sited in HCMC have additionally poured hundreds of billions of VND into constructing their very own information facilities. For example, CMC Tan Thuan Knowledge Middle in District 7, with a capital quantity of VND1.5 trillion ($59 million), is among the most secure and most trendy in Vietnam and ASEAN.
This middle was designed by B-Barcelona Singapore following the strictest requirements for a contemporary information middle, resembling PCI DSS, ISO 27001:2013, ISO 9001:2015. Its intention is to assist remodel HCMC right into a high-quality service metropolis stuffed with novel applied sciences for the event of each digital economic system and society by 2030 in addition to a digital hub within the Asia-Pacific area.
VNG itself has established its information middle in Tan Thuan Export Processing Zone in District 7 on a floor space of seven,800m2 to accommodate 410 racks for servers. This capability can be expanded to 1,600 racks sooner or later to flexibly and well timed reply the calls for of the nationwide digital transformation course of.
The middle exploits superior applied sciences within the information middle subject, together with a twin backup energy system to make sure a secure energy provide and a personalized DCIM system for automated operation and monitoring to reduce human error and promptly detect and repair technical faults.
VNPT and MobiFone have invested in forming their very own information facilities in a number of provinces and cities. The latter now has 4 such facilities in Hai Phong Metropolis, Da Nang Metropolis, HCMC, and Dong Nai Province. It goals to have one other seven facilities in 2025, together with increasing the dimensions of present ones to fulfill the wants of its shoppers.
Vietnam now has 33 information facilities with a complete capability of 80MW, operated by 48 service suppliers. The principle facilities are situated in Hanoi and HCMC. Vietnam’s information middle market generated a income of $685 million in 2023 and is projected to succeed in $1.44 billion by 2029, reflecting a compound annual progress price (CAGR) of 13.1 p.c.
The growing funding in information facilities is pushed by a number of elements, together with the rising presence of international e-commerce corporations establishing servers in Vietnam to adjust to rules and cater to the increasing native buyer base.
In the meantime, Decree 53/2022/ND-CP by the Authorities stipulates that international corporations offering providers in Vietnam should retailer Vietnamese consumer info and information throughout the nation. This regulatory shift, coupled with the inflow of international investments, has fueled the demand for information storage and processing providers from multi-national firms.
The newest report by Viettel IDC reveals that the worldwide information middle market has a scale of $321 billion, with a median progress price of seven.3 p.c per yr. The Asia-Pacific area stands out as probably the most dynamic information middle markets, with a projected CAGR of 19 p.c till 2028. Vietnam’s information middle market is forecast to succeed in $1.27 billion by 2030, exhibiting a CAGR of 10.8 p.c.
Regardless of this promising outlook, Basic Director Trang Bui of Cushman & Wakefield Group commented that Vietnam’s information middle market continues to be in its early levels, characterised by its modest progress. This sentiment aligns with assessments from worldwide organizations that acknowledge Vietnam’s information middle market as comparatively small in comparison with its Southeast Asian counterparts in Singapore and Malaysia.
Nevertheless, the nation’s aggressive building prices, land costs, and strategic geographical location has positioned it as a sexy rising marketplace for traders.
The Ministry of Info and Communication predicts that within the upcoming time, the demand for information facilities will proceed to surge.
The sturdy funding in information facilities by Vietnamese corporations underscores the notion that Vietnamese information is a nationwide useful resource, and thus should be saved and processed throughout the nation or below Vietnamese authorization.
This emphasis highlights the inextricable hyperlink between nationwide digital sovereignty and Vietnam’s digital infrastructure, since digital infrastructure serves because the spine not just for telecommunications but additionally for the digital economic system and digital transformation.
By Ba Tan – Translated by Thanh Tam
