$2.1 billion AI centre set for Ho Chi Minh City

An MoU was signed on March 11, between Ho Chi Minh City Department of Science and Technology and Accelerated Infrastructure Capital (AIC) to develop the centre.

An MoU was signed on March 11, between Ho Chi Minh City Department of Science and Technology and AIC

The initiative can be developed by way of a three way partnership between AIC, Kinh Bac City Development Holding Corporation, and worldwide buyers.

The JV has submitted an utility for approval to town authorities and expects to finish full capital disbursement by the tip of the primary quarter of 2027.

According to Lam Dinh Thang, director of Ho Chi Minh City Department of Science and Technology, as science, expertise, and innovation more and more change into key development drivers, information infrastructure and computing capability play a elementary position in supporting town’s digital financial system and digital transformation.

“The project is planned as a high-standard AI data centre with a strong focus on energy efficiency and environmental sustainability,” Thang stated.

In the primary part, it would develop an “AI factory” with a capability of round 50MW of IT/GPU load, equal to twenty-eight,000 graphics processing models. The infrastructure is anticipated to be prepared for business operation from 2026.

Once operational, the information centre will present high-performance computing capability for AI functions, cloud computing, and large information processing for each home and worldwide shoppers. The facility can be anticipated to fulfill the rising demand for AI improvement and deployment amongst companies and organisations in Vietnam.

Earlier, on December 27, 2025, Ho Chi Minh City People’s Committee issued Decision No.3470/QD-UBND to ascertain a process power to speed up the event of the AI information centre, with the Department of Science and Technology serving because the standing company.

The process power is accountable for coordinating with related departments and buyers to resolve points associated to planning, technical infrastructure, and funding procedures.

City leaders famous that the implementation of a large-scale AI information centre is anticipated to assist foster an innovation ecosystem, attracting extra high-tech corporations, analysis and improvement (R&D) centres, AI companies, and cloud computing suppliers to put money into Ho Chi Minh City.

Backbase launches AI Centre of Excellence in Ho Chi Minh City On July 31, digital banking software program supplier Backbase introduced the institution of its first world Centre of Excellence (COE) targeted on AI in Ho Chi Minh City.

Nvidia to build two AI centres in Vietnam The Ministry of Planning and Investment (MPI) and Nvidia Corporation signed an MoU on the institution of the Vietnam ​​Research and Development Centre (VRDC) and the AI ​​Data Centre, witnessed by Prime Minister Pham Minh Chinh on December 5.

Ho Chi Minh City backs $2 billion AI data centre with dedicated task force Ho Chi Minh Cityis stepping up efforts to place itself as a regional AI and information centre hub, pledging robust institutional assist for a flagship foreign-invested venture value practically $2 billion.