Ho Chi Minh City is witnessing a structural shift in foreign direct investment (FDI), marked by the emergence of billion-dollar projects in data centres, digital infrastructure and financial technology.

Vietnam, particularly Ho Chi Minh City, is emerging as a new destination for billion-dollar capital flows into data centre real estate, driven by rapid AI adoption and a growing push for digital infrastructure.

VOV.VN - As Vietnam prepares for the 14th National Party Congress, farmers and agribusinesses in the Southeastern region, the country’s key agricultural hub, are voicing hopes for policy reforms to ease administrative hurdles, improve access to finance and accelerate digital infrastructure.

Ho Chi Minh City has readied necessary infrastructure, personnel, and investors for the operation of its International Financial Centre (IFC), slated to be inaugurated on December 19, Dr. Truong Minh Huy Vu, Director of the Ho Chi Minh City Institute for Development Studies (HIDS), has said.

As strategic technologies such as artificial intelligence (AI), the Internet of Things (IoT), blockchain, semiconductors, and next-generation networks like 5G and 6G are rapidly expanding, Vietnam has identified strong digital infrastructure as a prerequisite for mastering and effectively deploying these innovations.

VOV.VN - Prime Minister Pham Minh Chinh has urged immediate institutional and digital infrastructure reforms to ensure seamless two-tier local governance, while chairing a July 28 conference in Hanoi reviewing the internal restructuring of ministries and sectors and assessing the first month of operations under the new model.

The Government has established the National Data Development Fund, with an initial capital of VND1 trillion (US$38.4 billion), to strengthen digital infrastructure and promote data governance.

VOV.VN - Ericsson is ready to support Vietnam in developing telecommunications infrastructure and adopting new technologies, said Borje Ekholm, CEO of Sweden’s Ericsson Group during his meeting with Vietnamese Prime Minister Pham Minh Chinh in Stockholm on June 13.

National Assembly Chairman Tran Thanh Man on April 13 urged Bac Ninh province to develop modern and synchronised digital infrastructure and digital platforms.

VOV.VN - The General Secretary To Lam has requested the rapid completion of legal and policy frameworks in 2025, aiming to remove all obstacles hindering the development of science, technology, innovation, and digital transformation.