Foreign investors invest in Vietnam's data center market due to high demand, strategic location, and dynamic economic policies.
Foreign investors are attracted to Vietnam's data center market due to its high demand, with notable projects by Gaw Capital, Worldwide DC Solution, and NTT-DQ Tek. JLL's market report cites Vietnam's strategic location, dynamic economic policies, young tech-savvy population, and the need for data localization as key factors making it an important data center hub in Asia. Development costs for data centers in Vietnam range from $6 million to $13 million per megawatt.
May 13, 2024
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