Vietnam opens cloud, data center market to foreign companies

Telco law allows 100% foreign ownership after contentious storage rules

20240709 Data center

Vietnam's rules on storing data locally have created surge in demand that local data center operators have struggled to meet. 

LIEN HOANG, Nikkei staff writer

HO CHI MINH CITY -- Vietnam has decided that foreign investors can now own data centers in the country, after controversial storage rules opposed by Big Tech set off an explosion in demand that the domestic market has been unable to fill.

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