September 23, 2023

We are creating some awesome events for you. Kindly bear with us.

Vietnam’s cloud computing potential

Businessman drawing a Cloud Computing diagram on the new computer interface

According to Viettel IDC, the Vietnamese cloud computing market is worth around US$133 million and is expected to grow to $500 million by 2025.

A recent survey shows that 56% of Vietnamese enterprises are already using cloud management platforms. Responses indicate that Vietnamese enterprises plan to increase expenditure on hybrid cloud services from the current 41% to 43% by 2023.

Such figures strongly suggest that the country’s nascent cloud computing market is growing rapidly. In fact, figures from the Ministry of Information and Communications show that the market has been growing at 30 % on average in recent years, while the growth rate reached 40% in 2020 – due to the COVID-19 pandemic.

A number of developments have contributed to this growth led by a surge in segments such as infrastructure as a service (IaaS) and software as a service (SaaS) and the growing number of small and medium-sized enterprises. Drivers like enterprise mobility and huge demand for data storage are also expected to drive the market.

According to Lê Hồng Minh, the general director of VNG, each Vietnamese now creates 1.7 gigabytes of data every single day. With this kind of volume, data can be a precious resource and exploitation of it would be key to the country’s socio-economic development. The challenges for the country and businesses revolve around how to derive actionable insights while retaining people’s confidence that personal data is being respected and protected.

2020 was nominated by the government as the year for starting the national digital transformation programme and has been pursued vigorously. This has had a significant positive impact on digital government, digital economy and digital society. The transformation is fairly comprehensive, rapidly accelerated by the pandemic. As in other countries, CVOID-19 measures necessitated deploying digital platforms for learning, health, remote working and video conferencing in addition to commerce and entertainment. Consequently, the need for cloud storage and cloud-based application soared.

The demand was so massive it was thoughts that domestic cloud service providers would find it difficult to compete with foreign companies ahead of the curve in terms of technology, infrastructure, experience and resources. Pre-2020 local companies contributed about 20% of the cloud service market share. With the establishment of the Vietnam Cloud Computing and Data Centre Club end 2019 and similar developments, there has been a burgeoning of homegrown cloud service providers. The country has 27 date centres with 270,000 servers operated by 11 domestic companies who provide services at fairly affordable prices.

The foundation of digital transformation is data and data connectivity, and so data management and sharing mechanisms and regulations are of great importance. To encourage the sector, the government has already invested in infrastructure and national policies. They have adopted strategies that boost businesses’ digital transformation and increase cloud capacity. None the less, it necessary to continue to improve the legal framework that would foster investment in digital infrastructure and services, support start-ups and encourage innovation and technology to increase preparedness to usher in a digital technology era.

OpenGov Asia has regularly been reporting on the nation’s digital ambitions and progress.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend