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.
SAM's goal in building the largest data center in Vietnam is to create modern, world-class infrastructure, attracting both domestic and foreign customers.
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.
Cloud4C has launched a data center in Hanoi that enhances in-country compliant cloud solutions for Vietnamese enterprises and supports digitalization while ensuring alignment with local data localization laws.