How data center ownership rules are changing
The loosening of foreign ownership restrictions is a positive step in the right direction for Vietnam’s regulated data center industry, according to Dr. Glen Duncan, Head of Data Center Research, Asia Pacific, JLL.
“In terms of data center capacity, Vietnam is still a developing market compared to the regional hubs,” says Duncan. “Foreign operators will bring additional skills and capabilities to build large-scale data centers in the country, accelerating its digital economy.”
Data center dominance
Currently, both China and Vietnam still face challenges in establishing themselves as major data center hubs.
China grapples with geopolitical factors that impact supply chains, including access to essential components, equipment, and high-performance graphics processing units, Teh says.
Meanwhile, Vietnam’s local operators can benefit from the deep understanding, strategies, and expertise of global and regional data center players.