Ho Chi Minh City to see a hyperscale data centre facility in 2026

A 140-MW facility is currently under construction.

According to a JLL report, CMC Corporation received approval for a USD 250 million hyperscale data centre in Saigon Hi-Tech Park, featuring 30 MW initial capacity (expandable to 120 MW).

“Ho Chi Minh City’s data centre market is booming across 27 facilities with clusters in Saigon Hi-Tech Park and Tan Thuan Export Processing Zone. Major operators include NTT, STT VNG, Viettel IDC, and CMC Telecom,” the report said.

Additionally, the report revealed that Viettel is building a hyperscale facility for 2026, while Gaw Capital develops in Saigon Hi-Tech Park. Joint ventures like STT VNG operate one centre with a second under development in Tan Thuan.

Here’s more from JLL:

Viettel began construction on 140 MW facility in Tan Phu Trung Industrial Park, targeting sub-1.4 PUE and initial start by 2026

A USD 2 billion consortium proposal and CMC’s AI-focused facility with NVIDIA GH200 units demonstrate hyperscale demand. Vietnam’s digital economy drives enterprise needs, with telecoms dominating while colocation services emerge.

Colocation services are developing while AI applications create demand for specialised computing environments.

G42, FPT Corporation, VinaCapital, and Viet Thai Investment Group consortium proposed a USD 2 billion hyperscale data centre investment for Ho Chi Minh City

The Telecommunications Law 2023 removed foreign ownership caps, fostering growth.

The market shows potential for growth, fostered by lower construction costs, strategic location, and increasing foreign investment despite ongoing power infrastructure challenges.

Outlook

For Users
• Increasing supply with options for hyperscalers for Availability zones.
• Availability of green power suitable for hyperscale clients.
• Availability of cost competitive colocation options to be available.

For Providers
• Strong hyperscale and local enterprise demand potential.
• Government green incentives to help overcome power issue.
• Expansion plans to be driven by supportive policies.