en.Wedoany.com Reported - In the early months of 2026, several high-tech projects have been advanced or expanded in Ho Chi Minh City, reflecting the city's emergence as a key destination for foreign technology investment amid the global restructuring of investment chains.
According to Nguyen Ky Phung, Head of the Ho Chi Minh City Hi-Tech Park Management Board, the new wave of investment is primarily focused on data centers, artificial intelligence, semiconductors, and research and development. At the end of April 2026, the Ho Chi Minh City People's Committee issued investment certificates for four high-tech projects in the hi-tech park, with a total investment of over $1.23 billion. Among them, two large-scale data center projects stand out: the Evolution DC VN HCMC Data Center and the Starmason Data Center Complex, both implemented by Singaporean investors. These projects are expected to build a platform for AI, cloud computing, and big data processing. Darren Weber, Executive Director of the Evolution DC VN HCMC project, stated that data infrastructure is becoming a decisive factor in economic competitiveness. Investing in large data centers in Ho Chi Minh City helps form a digital infrastructure platform for a new development phase.
China's Techtronic Industries (TTI) has injected an additional $81 million into its Vietnam TTI Tool Factory located in the Ho Chi Minh City Hi-Tech Park, bringing the project's total investment to over $730 million. The project primarily produces smart electronic devices, mechatronic products with integrated IoT, high-performance lithium batteries, and precision circuit boards. According to statistics from the Ho Chi Minh City Department of Finance, as of June 1, the city's total registered FDI capital exceeded $6.6 billion, equivalent to about 60% of the 2026 plan. Additionally, the UAE's G42 Group has made significant investment commitments in the data center sector, and Intel also has plans to expand its operations in Ho Chi Minh City. Cumulatively, Ho Chi Minh City has over 20,800 foreign-invested projects from 152 countries and territories, with a total registered capital of approximately $142 billion. New projects are largely concentrated in high-tech, AI, semiconductors, data centers, and digital infrastructure.
Nguyen Loc Ha, Standing Vice Chairman of the Ho Chi Minh City People's Committee, stated that the city is perfecting several special mechanisms, including proposing the enactment of a "Special Urban Law," to enhance competitiveness and attract high-quality foreign investment projects. Head Nguyen Ky Phung noted that Ho Chi Minh City will prioritize attracting projects in fields such as microchips, semiconductors, AI, IoT, blockchain, robotics, 5G technology, data centers, and smart cities. Concurrently, the city plans to build a smart technology park spanning about 3,800 hectares, as well as a centralized information technology and digital technology park covering over 1,000 hectares. The city is also actively promoting cooperation between the government, universities, and enterprises to cultivate high-quality human resources. Ho Chi Minh City is shifting from a model of passively waiting for investors to proactively engaging with the world's leading technology groups. While advancing administrative reform, the city has also implemented several support mechanisms to increase its appeal to high-tech and high-value-added projects.
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