Please Wait.....
Report
Vietnam Cloud Computing Market By Service (Infrastructure as a Service, Software as a Service, Platform as a Service), By Deployment (Private, Hybrid, Public), By Application Service (Large Enterprises, Small and Medium Sized Enterprises, Government), By End User (BFSI, IT and Telecom, Retail and Consumer Goods, Healthcare, Others), By Region, Competition, Forecast and Opportunities, 2020-2030F
Market Report I 2025-07-29 I 70 Pages I TechSci Research
Market Overview
Vietnam Cloud Computing Market was valued at USD 3.71 Billion in 2024 and is expected to reach USD 6.98 Billion by 2030 with a CAGR of 10.94% during the forecast period.
The Vietnam cloud computing market has witnessed significant growth in recent years, driven by the country's rapid digital transformation, growing internet penetration, and government support for Industry 4.0 initiatives. As organizations across sectors embrace digitalization, cloud adoption has become a strategic priority for businesses looking to enhance operational efficiency, scalability, and innovation. Factors such as the rise of e-commerce, fintech, and remote work culture have accelerated the demand for public, private, and hybrid cloud models, with a strong emphasis on data security, agility, and cost-effectiveness.
Vietnam's cloud ecosystem is characterized by a mix of global players and strong domestic providers. International giants such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud maintain a significant presence, particularly in servicing multinational companies and large-scale projects. AWS, for example, leads the market in terms of infrastructure and localized services, with edge zones already established in Hanoi and Ho Chi Minh City. Meanwhile, Google is reportedly planning a hyperscale data center in Vietnam to cater to growing demand. These international firms are also partnering with local enterprises to support cloud migration and infrastructure development.
Key Market Drivers
Government-Led Digital Transformation & Cloud Migration
Vietnam's government has positioned digital transformation as a national priority, catalyzing the adoption of cloud computing across public and private sectors. As of 2023, approximately 47% of public services had been digitalized, doubling from previous years. The government aims for 100% of government agencies to use cloud computing by 2025. In addition, the digital economy already contributes 16.5% of Vietnam's GDP, with a target of 30% by 2030. Financial backing is also growing, with around USD 128 million allocated toward digital infrastructure development in 2023 alone. For small businesses, the state offered USD 75 million in cloud-focused SME digitalization support. These policies, paired with data localization laws, are pushing ministries and provincial departments to adopt domestic cloud platforms for hosting critical public service platforms. Regulatory mandates and funding are driving demand for public cloud solutions, especially Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS), at both national and provincial levels.
Key Market Challenges
Talent Shortage & Skills Gap
Vietnam's cloud ambitions are held back by a serious shortage of qualified professionals. As of 2024, the nation had approximately 3 certified cloud engineers per 10,000 IT workers, far below the 15 per 10,000 seen in mature markets. University cloud curriculum slots number fewer than 50 nationally, though total IT graduates rose from 65,000 in 2022 to 72,000 in 2024 (+10.8%), only a fraction receive cloud-specific training. Approximately 42% of local tech firms report unmet demand for cloud skills, while 60% of startups cite recruitment issues as a top barrier. Average salaries for cloud architects in Vietnam have risen 25% year over year, reaching VND 720 million (~USD 30,000), compared to VND 480 million two years ago. High attrition-about 18% annually in cloud-related roles-further destabilizes teams. Only 12 of 64 provinces have formal cloud education programs. With 48% of projects delayed due to skills issues (per industry survey), the talent deficit remains a top drag on market growth.
Key Market Trends
Hybrid & Multi-Cloud Strategies Going Mainstream
Vietnamese firms are increasingly adopting hybrid and multi-cloud architectures to balance flexibility, cost, and compliance. A?2024 survey shows over 65% of large enterprises now use at least two cloud environments. Hybrid setups, combining public and private clouds, currently represent ~60% of cloud deployments, particularly in regulated sectors like banking and healthcare. This shift aligns with demand: ~55% of workloads now reside in hybrid environments. Multi-cloud adoption-using multiple public providers like AWS, Azure, and Google Cloud-is practiced by ~18% of businesses, driven by efforts to avoid vendor lock-in and leverage best-in-class services. The strategy is accelerating edge/hyperscalar builds as bandwidth-intensive apps emerge. In fact, ~45% of companies now report hybrid cloud performance goals as their top IT priority, emphasizing seamless data portability and orchestration across clouds.
Key Market Players
- Viettel IDC / Viettel Cloud
- VNG Cloud
- FPT Cloud / FPT Corporation
- CMC Cloud
- VNPT Group
- Mat Bao Corporation
- HPT Vietnam Corporation
- NextTech Group
- VCCloud
- Vietnam National Television Corporation
Report Scope:
In this report, the Vietnam Cloud Computing Market has been segmented into the following categories, in addition to the Application trends which have also been detailed below:
- Vietnam Cloud Computing Market, By Service:
o Infrastructure as a Service
o Software as a Service
o Platform as a Service
- Vietnam Cloud Computing Market, By Deployment:
o Private
o Hybrid
o Public
- Vietnam Cloud Computing Market, By Application:
o Large Enterprises
o Small and Medium Sized Enterprises
o Government
- Vietnam Cloud Computing Market, By End User:
o BFSI
o IT and Telecom
o Retail and Consumer Goods
o Healthcare
o Others
- Vietnam Cloud Computing Market, By Region:
o Northern Vietnam
o Central Vietnam
o Southern Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Vietnam Cloud Computing Market.
Available Customizations:
Vietnam Cloud Computing Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Application Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. Voice of Customer
5. Vietnam Cloud Computing Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Service (Infrastructure as a Service, Software as a Service, Platform as a Service)
5.2.2. By Deployment (Private, Hybrid, Public)
5.2.3. By Application (Large Enterprises, Small and Medium Sized Enterprises, Government)
5.2.4. By End User (BFSI, IT and Telecom, Retail and Consumer Goods, Healthcare, Others)
5.2.5. By Region (Northern Vietnam, Central Vietnam, Southern Vietnam)
5.3. By Company (2024)
5.4. Market Map
6. Northern Vietnam Cloud Computing Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Service
6.2.2. By Deployment
6.2.3. By Application
6.2.4. By End User
7. Central Vietnam Cloud Computing Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Service
7.2.2. By Deployment
7.2.3. By Application
7.2.4. By End User
8. Southern Vietnam Cloud Computing Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Service
8.2.2. By Deployment
8.2.3. By Application
8.2.4. By End User
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends and Developments
10.1. Merger & Acquisition (If Any)
10.2. Product Launches (If Any)
10.3. Recent Developments
11. Company Profiles
11.1. Viettel IDC / Viettel Cloud
11.1.1. Business Overview
11.1.2. Key Revenue and Financials
11.1.3. Recent Developments
11.1.4. Key Personnel
11.1.5. Key Product/Services Offered
11.2. VNG Cloud
11.3. FPT Cloud / FPT Corporation
11.4. CMC Cloud
11.5. VNPT Group
11.6. Mat Bao Corporation
11.7. HPT Vietnam Corporation
11.8. NextTech Group
11.9. VCCloud
11.10. Vietnam National Television Corporation
12. Strategic Recommendations
13. About Us & Disclaimer
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security