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Update news data centers
A wave of investment in AI data centers is sweeping Vietnam, as domestic and international firms unveil multi-billion-dollar projects positioning the country as a rising regional AI hub.
CMC Technology Group has successfully raised VND1,250 billion (US$ 51.5 million) through the issuance of 10-year bonds to finance the development of its flagship digital infrastructure complex, CMC Creative Space Hanoi (CCS Hanoi).
According to the Director of the Ho Chi Minh City Department of Science and Technology, UAE’s G42 Group is planning to invest nearly $2 billion in an AI megadata center in the city.
National Data Centre No.1 is among the largest in Southeast Asia. It is the first national-level centre to receive top-tier international certificates, with disaster resilience and the highest levels of security and safety.
Vietnam is an ideal destination for data centre investment and the country is expected to see further interest from international investors, experts said.
Ho Chi Minh City approves hyperscale data center to support national digital transformation.
On April 23, Viettel Group broke ground on the Viettel Data Center and High-Tech Research and Development Hub in the Tan Phu Trung Industrial Park, Cu Chi District, Ho Chi Minh City.
The government directs urgent preparations for the center’s launch, highlighting a digital transformation milestone.
The Ministry of Public Security has officially launched the National Data Center, a key initiative to support digital government, economy, and society.
Cushman & Wakefield stressed that Việt Nam continued to be recognised as an attractive destination for data centre investors.
Ba Ria-Vung Tau Province has approved a survey for two major projects, including a VND 35 trillion ($1.37 billion) super data center and undersea fiber optic cable, aimed at advancing digital infrastructure and international connectivity.
With around 30 data centers and more on the way, Vietnam is becoming a hub for cloud and data storage, supported by favorable regulations and growing digitalization in the economy.
Reports from U.S. media suggest that Google is considering the construction of its first hyperscale data center in Vietnam, near Ho Chi Minh City.
After establishing five data centers in Southeast Asia, Huawei is now considering Vietnam as the location for its next data center, signaling the growing attractiveness of Vietnam's cloud computing market.
CMC Data Center Tan Thuan has become the first data center in Vietnam to achieve Level 4 Information Security Standards, marking a significant milestone in the country's technological advancements.
STT VNG Ho Chi Minh City 2 is expected to have a total electricity capacity of 60MW, designed to provide services in both domestic and foreign markets, according to ST Telemedia Global Data Centres (STT GDC).
Vietnam's data center market is attracting foreign investors due to high demand, according to JLL's comprehensive market report on Vietnam's data center sector.
The Viettel Hoa Lac Data Center, the largest and the first green DC in Vietnam, has electricity consumption capacity of 30MW. It is the first DC in Vietnam to receive green credit from HSBC.
The military-run telecom service provider Viettel on April 10 inaugurated its data centre in Hoa Lac Hi-tech Park in Hanoi - one of the largest data centres in Vietnam so far.
Vietnam is seen as one of the fastest-growing data centre markets globally.