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Vietnam Data Center Market - Investment Analysis & Growth Opportunities 2026-2031

Publisher Arizton Advisory and Intelligence
Published Jan 13, 2026
Length 113 Pages
SKU # ARZ20708552

Description

The Vietnam data center market is expected to grow at a CAGR of 20.47% from 2025 to 2031.

VIETNAM DATA CENTER MARKET - KEY HIGHLIGHTS
  • Vietnam has rapidly become the region’s fastest-growing data center market, along with emerging as a critical hub for cloud and AI infrastructure. As of September 2025, Vietnam’s data center pipeline, including under-construction, announced, and planned facilities, exceeds 500 MW, positioning the country among the largest emerging DC markets in Asia.
  • Ho Chi Minh City is the top data center destination in the country. It continues to be Vietnam’s leading hub for data center expansion, marked by a concentrated growth in advanced facilities, hyperscale data centers, and dedicated cloud regions. There are 13 existing and 12 upcoming data centers in the city, as of September 2025.
  • As of 2025, the construction cost of data centers in Vietnam is the lowest, ranging from $6 million to $8 million per MW; this makes it a more affordable option as compared with the other regional hubs such as Singapore, Indonesia, and Malaysia.
  • Starting January 1, 2026, Vietnam's Personal Data Protection Law will mandate the domestic storage of Vietnamese user data, imposing penalties of up to 5% of annual revenue for violations related to cross-border data transfer. This law is expected to significantly increase the demand for local data center infrastructure to ensure compliance.
The segmentation includes:
  • IT Infrastructure
  • Servers
  • Storage Systems
  • Network Infrastructure
  • Electrical Infrastructure
  • UPS Systems
  • Generators
  • Transfer Switches & Switchgears
  • PDUs
  • Other Electrical Infrastructure
  • Mechanical Infrastructure
  • Cooling Systems
  • Rack Cabinets
  • Other Mechanical Infrastructure
  • Cooling Systems
  • CRAC & CRAH Units
  • Chiller Units
  • Cooling Towers, Condensers & Dry Coolers
  • Other Cooling Units
  • General Construction
  • Core & Shell Development
  • Installation & Commissioning Services
  • Engineering & Building Design
  • Fire Detection & Suppression Systems
  • Physical Security
  • Data Center Infrastructure Management (DCIM)
  • Tier Standard
  • Tier I & Tier II
  • Tier III
  • Tier IV
WHY SHOULD YOU BUY THIS RESEARCH?
  • Market size available in the investment, area, power capacity, and the Vietnam colocation market revenue.
  • An assessment of the data center investment in Vietnam by colocation, hyperscale, and enterprise operators.
  • Data center investments in the area (square feet) and power capacity (MW) across cities in the country.
  • A detailed study of the existing Vietnam data center market landscape, an in-depth industry analysis, and insightful predictions about the Vietnam data center market size during the forecast period.
  • Snapshot of existing and upcoming third-party data center facilities in Vietnam
  • Facilities Covered (Existing): 29
  • Facilities Identified (Upcoming): 20
  • Coverage: 4+ Cities
  • Existing vs. Upcoming (Data Center Area)
  • Existing vs. Upcoming (IT Load Capacity)
  • Data center colocation market in Vietnam
  • Colocation Market Revenue & Forecast (2022-2031)
  • Retail & Wholesale Colocation Revenue (2022-2031)
  • Retail & Wholesale Colocation Pricing
  • Vietnam data center landscape market investments are classified into IT, power, cooling, and general construction services, with sizing and forecast.
  • A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
  • Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
  • A transparent research methodology and the analysis of the demand and supply aspects of the market.
VIETNAM DATA CENTER MARKET VENDOR LANDSCAPE
  • In the current landscape of colocation investors, several established companies play a significant role. Notable players include CMC Telecom, FPT Telecom, Hanoi Telecom (ECODC), NTT DATA, ST Telemedia Global Data Centres, Viettel IDC, VNPT and VNTT.
  • The market has witnessed several new players emerge over the past few years. The notable entrants are Epsilon Telecommunications, Gaw Capital, Infracrowd Capital and Siagon Asset Management.
  • In November 2025, Kinh Bac City Development Holding Corporation (KBC) signed a Memorandum of Understanding (MoU) with Accelerated Infrastructure Capital (AIC) and VietinBank to develop an AI-focused data center complex in Ho Chi Minh City. The project is expected to involve up to $2 billion in investment, financed through a combination of equity and commercial loans.
  • Vietnam is increasingly being discussed as a potential destination for hyperscalers, with early market buzz around its suitability as a regional hub for cloud and AI infrastructure in Southeast Asia. Google and Alibaba are expected to build their first hyperscale data center in Ho Chi Minh City, which will be operational by 2027.
EXISTING VS. UPCOMING DATA CENTERS
  • Existing Facilities in the region (Area and Power Capacity)
  • Ho Chi Minh City
  • Other Cities
  • List of Upcoming Facilities in the region (Area and Power Capacity)
  • Ho Chi Minh City
  • Other Cities
IT Infrastructure Providers
  • Cisco
  • Dell Technologies
  • Fujitsu
  • Hewlett Packard Enterprise
  • Huawei Technologies
  • Hitachi Vantara
  • IBM
  • Internet Initiative Japan (IIJ)
  • Inspur
  • Lenovo
  • NetApp
  • NVIDIA
  • NEC
  • Oracle
Data Center Construction Contractors & Sub-Contractors
  • Arup
  • Archetype Group
  • Aurecon
  • Apave
  • AWP Architects
  • GreenViet
  • Sato Kogyo
  • SOL E&C
  • USDC Technology
Support Infrastructure Providers
  • ABB
  • Caterpillar
  • Cummins
  • Cyber Power Systems
  • Delta Electronics
  • Eaton
  • Johnson Controls
  • Fuji Electric
  • HITEC Power Protection
  • Rehlko (Kohler)
  • Legrand
  • Mitsubishi Electric
  • Piller Power Systems
  • Narada
  • Rittal
  • Schneider Electric
  • Siemens
  • STULZ
  • TECO Electric & Machinery
  • Trane
  • Vertiv
Data Center Investors
  • CMC Telecom
  • Edge Centres
  • FPT Telecom
  • Hanoi Telecom (ECODC)
  • NTT DATA
  • ST Telemedia Global Data Centres
  • Viettel IDC
  • VNPT
  • VNTT
New Entrants
  • Epsilon Telecommunications
  • Gaw Capital
  • Infracrowd Capital
  • Siagon Asset Management
KEY QUESTIONS ANSWERED:

1. How big is the Vietnam data center market?

2. How much MW of power capacity will be added across Vietnam in 2031?

3. What factors are driving the Vietnam data center market?

Table of Contents

113 Pages
1. CHAPTER 1: EXISTING & UPCOMING THIRD-PARTY DATA CENTERS IN VIETNAM
Data Center Snapshot
Data Center Snapshot By Cities
Existing & Upcoming Data Center Supply
List of Upcoming Data Center Projects in Vietnam
2. CHAPTER 2: INVESTMENT OPPORTUNITIES IN VIETNAM
Microeconomic & Macroeconomic Factors for Vietnam Market
Impact of AI in Data Center Industry in Vietnam
Investment Opportunities in Vietnam
Digital Data in Vietnam
Government Rules & Regulations for Data Center
Market Investment by Area
Market Investment by Power Capacity
3. CHAPTER 3: DATA CENTER COLOCATION MARKET IN VIETNAM
Colocation Services Market in Vietnam
Retail Vs Wholesale Data Center Colocation
Industry Demand Share
Colocation Pricing (Quarter Rack, Half Rack & Full Rack) & Add-ons
4. CHAPTER 4: MARKET DYNAMICS
Market Enablers
Market Trends
Market Restraints
5. CHAPTER 5: MARKET SEGMENTATION
IT Infrastructure: Market Size & Forecast
Electrical Infrastructure: Market Size & Forecast
Mechanical Infrastructure: Market Size & Forecast
General Construction: Market Size & Forecast
6. CHAPTER 6: TIER STANDARDS INVESTMENT
Tier I & II
Tier III
Tier IV
7. CHAPTER 7: KEY MARKET PARTICIPANTS
IT Infrastructure Providers
Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
New Entrants
8. CHAPTER 8: APPENDIX
Market Derivation
Site Selection Criteria
Quantitative Summary

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