HCMC

HCMC seeks clarification on power price for $2.1B AI data center

Vietnam's Ho Chi Minh City management board for export-processing zones and industrial parks (HEPZA) has asked the municipality to review and unify power-price guidance for an AI data center at Tan Phu Trung Industrial Park.

Vietnam’s Ho Chi Minh City to step up support for startups by promoting VC investment

Ho Chi Minh City, Vietnam's biggest economic hub, will help startups by pushing venture capital, said Truong Minh Huy Vu, Vice Chairman of Ho Chi Minh City People's Committee, at the "SAIH: Applied AI Lab Demo Day 2026" event on Thursday.

Vietnam leases 4.5 hectares land to Singapore’s Sembcorp joint venture for $480M data center

Ho Chi Minh City (HCMC) has leased 4.5 hectares in its Saigon Hi-Tech Park to Starmason, a joint venture of Singapore's Sembcorp Development and Vietnamese partner BB Holding, to build a $480 million hyperscale data center.

TikTok to invest $1B in logistics project in Vietnam’s Ho Chi Minh City

Tokgistic Pte. Ltd., a Singapore-registered affiliate of short video platform TikTok will invest $980 million in a logistics project in Vietnam's Ho Chi Minh City, part of the social-media company's growing presence in Vietnam.

Vietnam leases 5 hectares to Singapore-backed Evolution for $508M hyperscale data center

The authorities in Vietnam's Ho Chi Minh City have granted Evolution DC VN HCMC a 50-year lease on about 4.96 hectares of land in the Saigon Hi-Tech Park for a $508 million data center project, invested by Singapore business.

Vietnam’s QTSC, Singapore’s SSIA to cooperate in semiconductor training, R&D, investment promotion

The Quang Trung Software City (QTSC), the high-tech industrial park in Vietnam's Ho Chi Minh City, and the Singapore Semiconductor Industry Association (SSIA) will collaborate in semiconductor activities.

Vietnam, Singapore firms to develop 2 data centers of $1B in HCMC

The authorities in Vietnam's Ho Chi Minh City granted investment registration certificates to several projects last Saturday, including two data center projects with combined capital of nearly $1 billion, in cooperation with Singapore businesses.

TikTok invests $125M in Vietnam

TikTok has invested $125 million in Ho Chi Minh City, the southern economic hub of Vietnam, the municipal Department of Finance said on Thursday.

Singapore’s Sembcorp to jointly build $450M data center in Vietnam HCMC

StarMason JSC, a joint venture between Singapore's Sembcorp Development and Vietnam's BB Holdings, has received investment approval for the proposed development of a state-of-the-art hyperscale- and AI-ready data center campus in Saigon Hi-Tech Park (SHTP), Ho Chi Minh City.

Vietnam’s Ho Chi Minh City to facilitate AMD to invest in R&D center

Ho Chi Minh City, the biggest economic hub in Vietnam, has requested its Department of Science and Technology to draft a plan for developing the semiconductor industry, including a task of helping Advanced Micro Devices (AMD) establish a research & development (R&D) center in the city.