Japanese telecommunications company NTT, which operates data centers in over 20 countries, has announced that it is expanding its services to Ho Chi Minh City.
The company, which already covers the capital city of Hanoi, is now targeting the southern city of Ho Chi Minh City by collaborating with QD.TEK, a leading local ICT company that provides services to a wide range of clients, including the Vietnamese government, major financial institutions, telecommunications companies, IT companies, and manufacturers. By leveraging both companies’ strengths, NTT and QD.TEK will be able to provide full-stack, full-lifecycle ICT solutions and promote socially significant initiatives that will lead to the development of digital infrastructure in Vietnam.
Vietnam is one of Asia’s fastest economic growing countries, with per capita GDP expected to increase approximately 1.6 times in the six years from 2020 to 2026, making it a promising market. In addition, cloud computing and fintech businesses are growing as a consequence of the Covid-19 crisis, Vietnam’s e-government initiatives, and the promotion of the use of e-money. NTT and NTT GDC will expand their investment in the data center business to tap into this growing market and support the digital transformation of local clients.
The new data center will be located in the Saigon Hi-Tech Park, a well-developed IT infrastructure in a highly accessible area 15 km from Ho Chi Minh City’s center and the main center of IT and financial services. Service provision is scheduled to commence in 2024.
(Source: NTT Group)