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During the forecast period, the Vietnam cloud service market is expected to grow at a CAGR of more than 25.6%. Cloud service refers to a wide range of services that are delivered to customers on-demand over the internet. Cloud services are gaining strong traction across the regions of Vietnam due to an accelerating digital transformation across the country. As of 2020, nearly 11 local companies with over 270,000 servers have invested in the country’s cloud computing market to grow the number of cloud computing data centers to 27.