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Vietnam Attracts Big Tech Companies

Vietnam Attracts Big Tech Companies

Vietnam Attracts Big Tech Companies
Ho Chi Minh City's data center market is still growing with 33 MW of power across 14 facilities. There are plans to build more, with 68 MW in the works. This means there is room for future growth as cloud use and big investments continue. The city has 14 facilities and 9 providers, with 34.8% of space available for new customers. More data centers are being built, with 14 MW under construction and 54 MW planned.
A UAE-based AI company, G42, signed a big deal to build three data centers in Vietnam.
These developments show that people are becoming more confident in Vietnam for big tech investments. The country's digital sector is also getting stronger.
The International Finance Corporation plans to invest up to 3 billion USD in Vietnam, including in digital infrastructure. A new submarine cable will connect Vietnam to other countries, making it more attractive for big tech investments.
The Asia Pacific region is growing fast, with 1,372MW of new power coming online and 7,103MW more planned. Even with more supply, there is still demand, with vacancy rates staying stable at around 10%.
In the first half of 2026, AI and cloud investments in Asia Pacific are growing fast, but are limited by available power. New companies are emerging, and growth is moving to new areas.