HomeNews

Singapore and Vietnam Firms Launch $1B Hyperscale Data Centers in Ho Chi Minh City's Saigon Hi-Tech Park

Andrew LeeAndrew Lee1h ago

Singapore and Vietnam Firms Launch $1B Hyperscale Data Centers in Ho Chi Minh City's Saigon Hi-Tech Park

Ho Chi Minh City authorities have granted investment certificates for two hyperscale data centers totaling nearly $1 billion in partnership with Singaporean firms.

These projects aim to bolster Vietnam's digital infrastructure for cloud computing, AI, and big data processing.

Project Details and Capacities

The Evolution DC VN HCMC data center, backed by a consortium of Singapore's Hathor, Frontier, and Evolution, represents a $508.8 million investment with 52MW capacity.

Meanwhile, the Starmason facility, a joint venture between Singapore's Sembcorp Development and Vietnam's BB Holdings, involves $480.26 million and offers 60MW of power.

Both centers are located in the Saigon Hi-Tech Park, a hub for high-tech investments in HCMC.

Technological Excellence and Standards

Designed to Uptime Tier III standards and upgradable to Tier IV, these facilities ensure high reliability and efficiency.

This development follows a series of prior investments, including Sembcorp's earlier data center plans and over $7 billion in AI infrastructure commitments to Vietnam.

Economic Impact and Future Prospects

The projects are expected to create jobs, enhance data security, and attract global ICT providers to Vietnam.

By supporting AI and big data needs, they position HCMC as a regional digital powerhouse amid Southeast Asia's booming tech sector.

Future expansions could include further upgrades and additional facilities, signaling sustained growth in Vietnam-Singapore tech collaborations.

Alongside the data centers, approvals were given for a $160 million biomedical center by Tam Anh and an $81 million factory expansion by Techtronic Tools.


More Pictures

Singapore and Vietnam Firms Launch $1B Hyperscale Data Centers in Ho Chi Minh City's Saigon Hi-Tech Park - TNGlobal (Picture 1)

Article Details

Author / Journalist:

Category: StartupsTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2026-04-27 @ 08:49:48 (1 hours ago)

News Timezone: GMT +0:00

News Source URL: technode.global

Language: English

Article Length: 260 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TNGlobal

News ID: 30862560

About TNGlobal

TNGlobal Logo

Main Topics: StartupsTechnology

Official Website: technode.global

Update Frequency: 8 posts per day

Year Established: 2023

Headquarters: China

Coverage Areas: China

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #132

Frequently Asked Questions

How long will it take to read this news story?

The story "Singapore and Vietnam Firms Launch $1B Hyperscale Data Centers in Ho Chi Minh City's Saigon Hi-Tech Park" has 260 words across 12 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "Singapore and Vietnam Firms Launch $1B Hyperscale Data Centers in Ho Chi Minh City's Saigon Hi-Tech Park" was covered 1 hours ago by TNGlobal, a news publisher based in China.

How trustworthy is 'TNGlobal' news outlet?

TNGlobal is news outlet established in 2023 that covers mostly startups and technology news.

The outlet is headquartered in China and publishes an average of 8 news stories per day.

What do people currently think of this news story?

The sentiment for this story is currently Positive, indicating that people regard this as "good news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #30862560
  • URL: https://beamstart.com/news/vietnam-singapore-firms-to-develop-17772800222888

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2026 BEAMSTART. All Rights Reserved.