Vietnam’s upcoming subsea cables may draw more investors to the country

[HO CHI MINH CITY] Vietnam is relatively late in the race to cast itself as one of the region’s top digital hubs, but it may still have a shot if plans to upgrade its bandwidth capacity by constructing more undersea Internet cables proceed as planned.

If these plans materialise – coupled with Vietnam’s competitive energy and labour costs – the country could attract greater interest from foreign players in the cloud computing and data centre sectors.

This could further intensify competition among South-east Asian countries as they vie to position themselves as key digital hubs in the region.