Vietnam draws hyperscalers, cloud titans, AI players

VIETNAM: NEW ERA

Vietnam draws hyperscalers, cloud titans, AI players
These developments highlight growing confidence in Vietnam as a destination for hyperscale, cloud, and AI infrastructure. The broader digital infrastructure ecosystem also strengthened during the period.
Dak Lak province's Smart City Monitoring and Operations Centre manages and operates the provincial data centre, as well as shared digital platforms and software systems used across the province. (Photo: VNA)

Ho Chi Minh City (VNA) - Vietnam attracted significant international investment into its digital infrastructure sector in H1 2026, building on regulatory reforms, according to Cushman & Wakefield’s just-released APAC Data Centre Update H1 2026.

Ho Chi Minh City's data centre market remained at an early stage of development in H1, with 33 MW of operational IT capacity across 14 facilities operated by nine providers. Future expansion is supported by a development pipeline of 68 MW, comprising 14 MW under construction and 54 MW in the planning stage, representing more than twice the city's existing operational capacity. Colocation vacancy stood at 34.8%, indicating that existing supply still provides room to accommodate future demand as cloud adoption and hyperscale investment continue to develop.

The report said UAE-based AI company G42 signed a 1 billion USD framework agreement with FPT Corporation and Viet Thai Group to develop three data centres across the country, while also participating in the launch of a 2 billion USD AI hyperscale data centre project in Ho Chi Minh City.

"These developments highlight growing confidence in Vietnam as a destination for hyperscale, cloud, and AI infrastructure. The broader digital infrastructure ecosystem also strengthened during the period," the report noted.

The International Finance Corporation (IFC) announced plans to invest up to 3 billion USD across Vietnam, supporting strategic sectors including digital infrastructure, while the MViSTA (Malaysia–Vietnam–Singapore–Thailand) submarine cable advanced into implementation and commercialisation. The system will provide a new regional connectivity corridor linking Vietnam with Singapore, Johor, and Thailand's key data centre markets, reinforcing the country's attractiveness for hyperscale and AI infrastructure investment.

Meanwhile, the Asia Pacific continued its rapid expansion in H1, with approximately 1,372MW of new operational capacity brought online and an additional 7,103MW added to the development pipeline. Although supply increased substantially, vacancy remained relatively stable, declining marginally from 10.9% in H2 2025 to 10.3% in H1 2026, highlighting the market's ability to absorb new capacity amid robust demand.

In H1 2026, AI and cloud investment across Asia Pacific has entered a phase of rapid, power-constrained execution, with hyperscale capex accelerating even as electricity availability becomes the industry's binding bottleneck. Neoclouds have emerged as a distinct demand driver alongside hyperscalers, while capacity growth is shifting from saturated hubs to peripheral areas of cities or to completely new locations./.

See Also

FPT named an OpenAI Select Partner

Under the partnership, FPT and OpenAI will work together to help businesses develop AI transformation roadmaps, build AI platforms, strengthen workforce capabilities and deploy responsible AI solutions tailored to their operational needs.

Party Statutes must be practical, future-ready: Top leader

Party General Secretary and State President To Lam said the current Party Statutes remain fundamentally valid but must also respond to emerging issues such as administrative apparatus restructuring, the two-tier local administration model, decentralisation, control over the exercise of power and digital transformation.

Vietnamese, Thai parliamentary leaders pledge closer legislative cooperation

Welcoming the Thai parliamentary leader, Chairman Man said the visit will inject fresh momentum into parliamentary cooperation and held special significance as it coincides with the 50th founding anniversary of diplomatic relations between Vietnam and Thailand (August 6, 1976–2026), following the elevation of bilateral ties to a Comprehensive Strategic Partnership in May last year.

Mastering vaccine technology for stronger disease prevention

As infectious diseases become increasingly complex, developing and producing vaccines domestically is essential not only for protecting public health but also for strengthening national health security. The Ministry of Health's Institute of Vaccines and Medical Biologicals has established itself as one of Vietnam's leading institutions in vaccine research, development and manufacturing.

Bac Ninh embracing digital, green transformation to draw foreign investors

With its strategic location at the heart of the northern key economic region, comprehensive infrastructure, favourable investment environment and determination to become a centrally governed city, Bac Ninh province is opening up new development opportunities and strengthening confidence and expectations among the foreign business community.

Vietnam’s peacekeepers building hope in Abyei

With just one month remaining in its deployment, Vietnam’s Engineering Company Rotation 4 is preparing to conclude its nearly year-long mission with the United Nations Interim Security Force for Abyei (UNISFA). Through vital infrastructure projects, the Vietnamese peacekeepers have not only supported the Mission’s operations but also helped improve mobility, livelihoods and daily life for local communities.

Hanoi promotes Pho as cultural intellectual property

As the creative economy emerges as a growing trend, the “Creating Cultural Intellectual Property from the Intangible Cultural Heritage of Hanoi’s Pho” competition launched by Hanoi highlights a new approach to heritage promotion. It frames culture as an endogenous resource capable of generating new values for socio-economic development.