What is VPS you will ask? VPS is basically a virtual server or “container” on a larger dedicated server.
A VPS will give you full control/access (reinstall OS, start/stop/reboot, full root access and such) of your VPS just the same as real dedicated server but with much lower cost since you share the real dedicated server with other people.
This article will show you how to setup a LAMP server Linux, Apache, MySQL, PHP on Centos VPS. Here is the new VPS specs.