Topic: data center

Research and Markets forecasts the Vietnamese data center market could reach $1.6 billion by 2030, with its Compound Annual Growth Rate at 15–18%.

The center providing AI development and data services.

Operating as an off-budget, non-profit state financial fund, the National Data Development Fund will be directly managed by the Ministry of Public Security.

ThePRECON Ltd., has signed a Memorandum of Understanding with local authorities to invest in the project.

The project spans nearly four hectares, with a designed capacity of 140 MW and approximately 10,000 racks.

SAM's goal in building the largest data center in Vietnam is to create modern, world-class infrastructure, attracting both domestic and foreign customers.

The center aimed at integrating, synchronizing, storing, sharing, analyzing, and coordinating data from State agencies.

Data is seen as a key factor in transforming the economic structure, helping Vietnam surpass the lower-middle income level, achieve upper-middle income status by 2030.

The center was built on state-of-the-art private cloud technology, featuring a multi-layered security system.

The data center reported to be set up in Ho Chi Minh City.