Government program encourages private sector to invest in digital infrastructure

Under a Government program, the private sector is expected to invest in new, modern, large-scale data centers meeting international and green standards, with a designed capacity accounting for at least 50 percent of the total national capacity serving the public.

Deputy Prime Minister Nguyen Chi Dung on September 29 signed a decision approving a program to encourage private enterprises to take part in developing telecommunications and other infrastructure for national digital transformation through 2030.

Under Decision 2161/QD-TTg dated September 29, the program focuses on new types of digital infrastructure with high growth potential, including data centers, cloud computing, physical–digital infrastructure, digital utilities, and digital technologies such as services and high-quality broadband connectivity. It aims to harness the strengths of the private sector, mobilize all social resources, and use them effectively for developing digital infrastructure.

By 2030, the program seeks to achieve a series of key targets, including private enterprises investing in and owning at least four additional international undersea cable routes and an average annual revenue growth of 12–15 percent for those providing terrestrial mobile telecommunications services without using radio frequencies, thereby diversifying the market and delivering new services. Firms providing fixed broadband services is set to achieve an average annual revenue growth of 10–12 percent.

The private sector is expected to invest in new, modern, large-scale data centers meeting international and green standards, with a designed capacity accounting for at least 50 percent of the total national capacity serving the public.

private sector to invest in digital infrastructure
The program also aims to attract at least two global technology giants to invest in and operate big data and artificial intelligence data centers in Vietnam, while establishing at least two leading private enterprises in digital infrastructure construction and operation, comparable with advanced countries, capable of joining global value chains and driving the domestic digital ecosystem.

To achieve these targets, the program seeks to issue detailed guidelines, organize the shared use of inter-sectoral technical infrastructure at local levels, streamline and simplify administrative procedures, and apply full-process online public services for digital investment, business, and infrastructure construction.

It also aims to complete a transparent and enabling legal framework to encourage investment in digital infrastructure, while mobilizing resources to support greater participation of private enterprises in the field.

Under the program, Vietnam will expand 5G coverage in industrial parks, high-tech zones, major urban centers and other areas with digital economy potential, with nationwide rollout to follow, ensuring high-speed, low-latency and reliable connectivity.

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