The projects are all located within the Saigon Hi-Tech Park (SHTP), which continues to be positioned as a strategic hub for innovation, digital infrastructure and high-value technology investment in Vietnam’s southern economic centre.

Two major data centre projects account for nearly US$1 billion of the total investment. The first, Evolution DC VN HCMC, developed by a Singaporean investor consortium, has a registered capital of US$508.78 million and a designed capacity of 52 MW. The second, STARMASON data centre complex, is valued at US$480.26 million with a capacity of 60 MW. Both facilities are designed to meet Tier III+ standards, with ambitions approaching Tier IV, and will support cloud computing, big data storage and artificial intelligence applications.

In the healthcare and biotechnology sector, the Tam Anh High-Tech Centre project, worth US$160 million, will focus on next-generation genome sequencing, regenerative medicine based on stem cell technologies, and internationally standardised clinical trials. The facility is expected to train around 5,000 specialists annually, contributing to Vietnam’s high-quality healthcare workforce development.

The fourth project, invested by Techtronic Tools Vietnam (TTI) with capital of US$81 million, will produce smart electronics, lithium batteries and IoT-integrated devices. The project also includes the development of a research and development centre within SHTP to strengthen the link between manufacturing and innovation.

Investors highlighted Vietnam’s growing role in the global technology and artificial intelligence supply chain. Darren Webb, CEO of Evolution Data Centres, said preparations for the project had taken around three years and noted that Vietnam is well positioned to move beyond catching up and play a more leading role in the regional digital economy. He added that the company plans to apply advanced technologies and renewable energy solutions, while working closely with local authorities to ensure timely implementation.

According to Chairman of the municipal People’s Committee Nguyen Van Duoc, in Ho Chi Minh City’s post-merger development strategy, the former area will serve as a hub for finance, green and digital economy, with Binh Duong for industry and high-tech, and Ba Ria–Vung Tau for the marine economy.

In the first quarter of 2026, Ho Chi Minh City remained Vietnam’s leading destination for foreign direct investment, attracting US$2.9 billion, of which US$1.23 billion was concentrated in digital and green economy sectors. Authorities said the results reflect strong investor confidence in the city’s development orientation and its commitment to supporting high-quality investment.

Nguyen Ky Phung, head of the SHTP Management Board, said the park has attracted 166 projects worth US$13.5 billion over 23 years, supported by a special investment procedure mechanism that has helped draw capital into key high-tech sectors. 

Phong revealed that SHTP projects currently employ more than 53,600 highly skilled workers, with cumulative output exceeding US$203.3 billion, including over US$185 billion in exports, providing a solid foundation for the city’s double-digit growth ambitions.

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