President Nguyen Xuan Phuc addresses the center's opening ceremony, August 15, 2022. (Photo: VNA)

The center, with a scale of 1,200 racks, is specially built for the most demanding colocation customer segment such as Banks – Finance, OTT, Cloud service providers, and enterprises that require a stable and reliable digital infrastructure.

“Located in the CMC Creative Space complex and equipped advanced technologies, the Tan Thuan data center is expected to become the heart of digital transformation services," said President Phuc.

"Technology and high-quality human resources play a vital role in long-term growth and provide the key for us to escape the middle-income trap. Tech companies like Uber or Grab have changed traditional transport methods across the world.”

President Phuc said HCM city must lead Vietnam in developing a digital economy and society.