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On April 25, at the Ho Chi Minh City People’s Committee headquarters, a ceremony awarded four strategic high-tech investment registration certificates. The projects cover hyperscale data centers, biomedical technology, and smart electronic devices.
The Evolution DC VN HCM hyperscale data center, developed by a Singaporean consortium comprising Hathor, Frontier, and Evolution, has a total investment of 508.78 million USD. The project is designed with a capacity of 52 MW IT Load, targeting Uptime Tier III+ with an upgrade path to Tier IV. It is intended to support storage, big data processing, and exabyte-scale cloud computing. The project also commits to using at least 30% renewable energy, with a target of net-zero emissions by 2045.
The second project, the STARMASON mega-data-center complex, is invested by STARMASON JSC with a total investment of 480.26 million USD. It has a design capacity of 60 MW IT Load, meets Tier III+, and is oriented toward Tier IV. The complex aims to strengthen large-scale digital infrastructure, enhance data processing capabilities, ensure information security, and support regional cloud computing.
In the biomedical sector, the Tam Anh High-Tech Center project, developed by Tam Anh General Hospital JSC, received an investment certificate with a total investment of 160 million USD. The project focuses on biomedical technology and applies core technologies including next-generation sequencing (NGS), stem-cell-based regenerative medicine, and clinical trials under international ICH GCP standards.
The Tam Anh High-Tech Center aims to advance clinical research and high-tech medical products, improve healthcare quality, and build an innovation ecosystem in health and biotechnology. It is also capable of training approximately 5,000 professionals per year.
The fourth project is Techtronic Tools Vietnam, a plant by Techtronic Industries, with an investment of 81 million USD. It operates in smart electronics and IoT-integrated lithium batteries, focusing on producing electromechanical devices, high-performance batteries, PCBs, and precision molds. The project also includes establishing an R&D center at the Ho Chi Minh City High-Tech Park.
The stated goal is to expand the global electronics supply chain, promote smart manufacturing, increase export value, and develop a “make in Vietnam” ecosystem.
City leaders said the projects will directly contribute to GRDP growth and reinforce Ho Chi Minh City’s role as a hub for innovation, digital infrastructure, and green-digital industry in the region.
To date, the Ho Chi Minh City High-Tech Park hosts 166 ongoing projects with total invested capital of about 13.428 billion USD, creating more than 53,678 high-skilled jobs. The accumulated value of high-tech product output is about 203.354 billion USD, while exports reach 185.207 billion USD. This, leaders said, provides a foundation for Ho Chi Minh City to pursue two-digit growth as targeted by Politburo Resolution 57/2024.
Mr. Nguyễn Văn Được, Chairman of the Ho Chi Minh City People’s Committee, said that in Q1-2026, HCMC continued to lead the country in attracting foreign direct investment (FDI) with 2.9 billion USD. Of this total, 1.23 billion USD was in the city’s digital economy and green economy sectors.
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