Vietnam Data Center Market Investment Analysis Report 2026-2031: Growth Opportunities in IT, Electrical, and Mechanical Infrastructure, Cooling Systems, Construction, and Tier Standards - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Vietnam Data Center Market - Investment Analysis & Growth Opportunities 2026-2031" report has been added to ResearchAndMarkets.com's offering.

The Vietnam Data Center Market was valued at USD 1.04 Billion in 2025, and is projected to reach USD 3.18 Billion by 2031, rising at a CAGR of 20.48%.

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.

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.

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.

KEY QUESTIONS ANSWERED

• How big is the Vietnam data center market?
• How much MW of power capacity will be added across Vietnam in 2031?
• What factors are driving the Vietnam data center market?

Key Attributes:

Report Attribute	Details
No. of Pages	113
Forecast Period	2025 - 2031
Estimated Market Value (USD) in 2025	$1.04 Billion
Forecasted Market Value (USD) by 2031	$3.18 Billion
Compound Annual Growth Rate	20.4%
Regions Covered	Vietnam

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

VENDORS

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

SEGMENTATION

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

For more information about this report visit https://www.researchandmarkets.com/r/e1ob9j

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