Are you running a traditional business and constantly hearing about “moving to the cloud,” but still not sure where to begin? You’re not alone. According to IMARC Group, Vietnam’s cloud migration services market reached USD 1 billion in 2024 and is projected to grow to USD 7.8 billion by 2033, representing a CAGR of 25.15%. That reflects how quickly demand for cloud migration is rising across industries, from retail and finance to manufacturing.

For many businesses, the question is no longer “Should we move to the cloud?” but “Which partner can help us do it well, securely, and in a way that supports long-term growth?” Here are five providers worth considering in Vietnam, along with a concise view of where each one stands out and what kind of business they may be best suited for.

GreenNode — a sovereign AI cloud built for Vietnamese enterprises

After the integration of VNG Cloud into GreenNode, the platform has taken on a broader role as a sovereign AI cloud ecosystem for businesses in Vietnam and across the region. Rather than focusing only on traditional cloud infrastructure, GreenNode brings together compute, storage, data, and AI capabilities on a single platform, allowing companies to modernize their systems today while preparing for AI-driven use cases tomorrow.

What makes GreenNode stand out is not only the breadth of its services, but also its ability to support increasingly important requirements around data governance and compliance. For businesses in sectors such as finance, retail, manufacturing, and services, cloud adoption is no longer just about moving workloads. It is also about ensuring that data is handled in ways that align with legal requirements, security expectations, and internal governance standards.

Within one ecosystem, businesses can access everything from compute, storage, and databases to managed Kubernetes and AI services for more advanced workloads. That makes GreenNode a strong fit for organizations that want more than a quick migration project and are instead looking to build a long-term foundation for automation, analytics, internal AI adoption, and smarter digital operations.

For businesses that prioritize local or regional infrastructure, need low latency in Vietnam, and want greater control over their data and AI roadmap, GreenNode is a particularly relevant option. From that perspective, it is not simply a cloud provider, but a sovereign AI cloud platform that supports Vietnamese enterprises in developing AI on infrastructure aligned with local compliance and operational realities.

FPT Smart Cloud / FPT Software — strong in consulting and large-scale implementation

FPT is often one of the first names that comes up when businesses need a provider with strong brand recognition, large-scale delivery capability, and a broad technology consulting ecosystem. With strengths in end-to-end digital transformation, ERP, legacy modernization, and international technology partnerships, FPT is well suited to organizations looking for a partner that can support both strategy and execution.

One thing to keep in mind is that FPT tends to be most effective in large projects involving multiple stakeholders and complex integration requirements. For small and mid-sized businesses that need faster decision-making and a leaner, more flexible service model, it may not always be the easiest starting point.

CMC Global / CMC Telecom — a good fit for integration and enterprise infrastructure needs

CMC is one of the earlier local players with a strong presence in infrastructure, data centers, connectivity, and enterprise services. Its clear advantage lies in the ability to combine telecom infrastructure, data center capabilities, and system integration services, making it a practical option for businesses transitioning from on-premise environments to hybrid cloud or private cloud models.

If your business is still running multiple legacy systems, with tightly connected applications and a need for a phased migration roadmap, CMC is worth putting on the shortlist. That said, if your top priority is AI-native services or advanced managed platforms for AI/ML, you should evaluate its specific capabilities carefully rather than relying only on the overall portfolio.

Viettel IDC — a solid choice when stability and connectivity matter most

Viettel IDC has a clear advantage in nationwide telecom infrastructure and connectivity. As a result, it is often a sensible option for organizations that need strong operational stability, broad infrastructure coverage, and close integration with services across the wider Viettel ecosystem.

This model is especially relevant for large enterprises, public sector organizations, or institutions that require continuous operations across multiple provinces and cities. On the other hand, if you are looking for a platform with a more flexible cloud-native experience for containers, data, and AI from the start, it is worth comparing the depth of services before making a final decision.

VNPT Cloud — worth considering when compliance and data sovereignty are top priorities

VNPT Cloud is often a suitable option for organizations operating in highly regulated environments, especially public sector entities or businesses that prefer working with a provider backed by a state-owned telecommunications group. It is a strong candidate when compliance, data sovereignty, and internal approval processes are just as important as technical performance.

Even so, when assessing VNPT or any other provider, businesses should ask for clear information about migration models, the scope of managed services, SLA commitments, technical support, and relevant case studies. A service catalog alone is not enough to determine whether a provider is truly the right fit for your current systems.

3 questions to answer before choosing a cloud migration partner

1. Where will your data be stored and processed?

Decree 13/2023/ND-CP governs personal data protection and sets requirements for transferring personal data abroad, but it should not be interpreted as a blanket rule that all data must be stored domestically. Businesses should therefore review requirements by data type, industry, and processing model before choosing a provider.

2. Do you need post-migration support?

Migration is only the starting point. Ongoing operations typically require far more resources, including monitoring, cost optimization, backup, security, and incident response.

3. Do you plan to use AI in the next one to two years?

If the answer is yes, prioritize platforms that offer not only infrastructure, but also built-in data services, GPU capabilities, or related AI tools. This can help you avoid switching platforms later as demand grows after the initial digitization phase.