USDC Technology Continue Listed as Key Player in Vietnam Data Center Market Investment Report.


According to the report by Research and Markets, the Vietnam data center market is expected to grow at a CAGR of 10.68% from 2022 to 2028, resulting in a market size of $1,037 million by 2028, up from $561 million in 2022. There is a jump in the growth projection compared to last year’s report where Research and Markets estimated a CAGR of 6.63% during 2022-2027.

This year’s report also provides an in-depth analysis of the current and future data center facilities, investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It further discusses the market sizing and investment estimation for different segments of the Vietnam data center market.


The implementation of the data localization law in Vietnam has resulted in a YoY increase in data center investments. The country has seen new entrants, such as Data Center First, Edge Centres, Infracrowd Capital, and Worldwide DC Solutions, making investments in this area. Existing operators are also expanding their presence in Vietnam by investing in new facilities and expanding their current facilities.

In terms of network connectivity, Vietnam currently has five submarine cables connecting the country to APAC & EMEA countries and the US. Furthermore, two upcoming submarine cables – Asia Direct Cable (ADC) and Southeast Asia-Japan Cable 2 (SJC2) – are expected to become operational by 2023/2024.

The Vietnamese government has introduced the Digital Transformation Program 2025, an initiative aimed at digitalizing 50% of businesses by 2025. In addition, the increased availability of 5G network connectivity in the country is driving demand for the deployment of edge data centers, which offer last-mile connectivity and lower latency services.

In August 2022, Amazon Web Services (AWS) revealed the launch of edge data centers in Hanoi and Ho Chi Minh City, Vietnam. This move reflects the growing demand for edge data centers in the country. In addition, the Ministry of Information and Communication of Vietnam announced its research plans for developing 6G technology in February 2022, to cater to the needs of the fastest-growing technology sectors in Vietnam.


In the Vietnam data center market, Ho Chi Minh City and Hanoi are the two primary locations, with 24 third-party data centers currently operating. Hanoi is the primary location with around 11 existing facilities. Some of the key investors in the Vietnam data center market include Viettel IDC, NTT Global Data Centers, FTP Telecom, CMC Telecom, HTC Telecom International (ECODC), VNPT, and VNTT.

– IT Infrastructure Providers: Cisco Systems, Dell Technologies, Fujitsu, Hewlett Packard Enterprise, Huawei Technologies, Hitachi Vantara, IBM, Internet Initiative Japan (IIJ), Juniper Networks, Lenovo, NetApp, NEC Corporation, Oracle.

Data Center Construction Contractors & Sub-Contractors: Universal Smart Data Center Technology (USDC Technology), Aurecon, Archetype Group, AWP Architects, Apave, Delta Group, GreenViet, Sato Kogyo.

– Data Center Investors: CMC Telecom, FPT Telecom, HTC Telecom International (ECODC), NTT Global Data Centers, Telehouse, VNTT, Viettel IDC, Vietnam Posts and Telecommunications Group (VNPT), VNG Cloud.

– New Entrants: Data Center First, Edge Centres, Infracrowd Capital, Worldwide DC Solutions.


USDC Technology is striving to become a prominent EPC (Engineering, Procurement, and Construction) company in the national and regional Data Center Industry. We have a team of skilled professionals specializing in mechanical, electrical, technology, commissioning, and construction services. The team is working with clients worldwide, not just in Vietnam. 

The key to our success is highly trained human resources, certified by leading data center industry and vendors. As the local Uptime Institute partner, USDC Technology offers end-to-end data center services, including consultation, design, construction, and operation and maintenance. This partnership enables them to facilitate Data Center certification in Vietnam and nearby SEA countries, further consolidating their position in the Data Center industry.

USDC Technology is focusing on a challenging market segment and assisting New Entrants (Data Center First, Edge Centres, Infracrowd Capital, Worldwide DC Solutions) in their strategies for entering Vietnam. In 2022, we were the EPC for Edge Centres for its first data center in Vietnam – EC51 – the FIRST outside modular data center, also the FIRST data center in Vietnam that will use solar energy.

Out of all the accomplishments in 2022, we are pleased to have maintained our position as a leading player in the Data Center Construction Contractor category in the Research and Markets report.

Media Contact:
Universal Smart Data Center Technology
Phone: (+84) 28 73080708


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