The super data center project will be a strategic project in Ho Chi Minh City - Photo: HUU HANH
The Ho Chi Minh City People's Committee has just sent a document to the Prime Minister proposing a working session with the Prime Minister and investors to present in detail the difficulties and solutions for the proposal on the super data center project worth about 2 billion USD.
Super data center: strategic project
Ho Chi Minh City received an investment proposal for a Hyperscale Data Center project dedicated to developing artificial intelligence (AI) and a data center worth about 2 billion USD from a group of investors including: G42 Technology Joint Stock Company (major shareholder is the State Investment Fund of the United Arab Emirates - UAE and Microsoft Corporation), FPT Corporation, VinaCapital Investment Fund, and Viet Thai Investment Group.
This project will provide comprehensive artificial intelligence solutions, advanced infrastructure for cloud service customers in Asia and around the world , designed to operate as an artificial intelligence factory.
This is a project of strategic significance, with a profound impact on the socio-economic development of Ho Chi Minh City, contributing significantly to GDP growth, increasing foreign investment attraction, and creating thousands of high-quality jobs, contributing to the development of information technology human resources in Ho Chi Minh City.
About G42 Technology Joint Stock Company, since its establishment in 2018 in Abu Dhabi (UAE), G42 has had global operations in artificial intelligence solutions and models, infrastructure and artificial intelligence cloud computing.
For G42 data centers, there are currently 24 centers operating with a capacity of 204 MW, which is a preferred partner of Microsoft and aims to expand to reach 500 MW data center capacity in 6 countries by 2029.
G42 plans to deploy AI in Vietnam, including: a distributed cloud model to quantify revenue growth and job creation at the national level; improve skills and access to jobs; improve public services and enhance the quality of life for citizens.
Ho Chi Minh City proposes to have a special mechanism for the project - Photo: HUU HANH
Propose special mechanism for the project
However, investors are facing some legal and mechanism problems.
Therefore, the Ho Chi Minh City People's Committee proposed that the Prime Minister consider removing obstacles and have a special mechanism for the project. Because the project aims to serve not only Vietnam but also the whole world with the goal of developing Ho Chi Minh City into a leading technology business center in Asia.
Currently, the lack of synchronization between domestic and international legal frameworks - especially some data regulations - can create risks and barriers for international customers of the project, limiting expansion due to dependence on the global data system and the process of monitoring and retrieving data in Vietnam can cause investors to shift their investment to countries that allow cross-border data storage.
Therefore, the Ho Chi Minh City People's Committee proposed that the Prime Minister consider applying a special mechanism to projects with international business models similar to the policy that Singapore is implementing.
The Ho Chi Minh City People's Committee also proposed that the Prime Minister consider issuing a policy to prioritize the use of cloud computing infrastructure instead of on-premise information technology infrastructure, in order to improve security, synchronize national security standards, and at the same time promote the effective implementation of the Prime Minister's decision on the national action program to develop and transition to using cloud computing platforms in the period 2025 - 2030.
Continue to promote the Digital Literacy Movement in Ho Chi Minh City
Over the first 6 months of 2025, the Digital Literacy Movement has been actively promoted by Ho Chi Minh City, contributing to raising public awareness, arousing the spirit of self-study and mastering digital technology among all people in Ho Chi Minh City.
Ho Chi Minh City has organized 173 training courses to foster human resources in artificial intelligence, digital transformation, and information technology for 20,000 officials, civil servants, and public employees.
Source: https://tuoitre.vn/de-xuat-dau-tu-sieu-trung-tam-du-lieu-tri-gia-2-ti-do-la-tai-tp-hcm-20250709185035268.htm
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