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On April 25, at the Ho Chi Minh City People’s Committee headquarters, a ceremony awarded investment registration certificates to four strategic high-tech projects.
One of the flagship projects is Evolution DC VN HCM, a data center project implemented by a consortium of Singaporean investors—Hathor, Frontier, and Evolution—with total investment of 508.78 million USD. The project targets the hyperscale data center segment under a wholesale, carrier-neutral model, with a designed IT load of 52 MW.
The center aims to meet Uptime Institute Tier III+ standards and to upgrade to Tier IV. It is designed to serve storage, large-scale data processing, and exabyte-scale cloud computing. The project also commits to using at least 30% renewable energy and targets net-zero emissions by 2045.
The second project is the STARMASON super-large data center complex, invested by STARMASON Joint Stock Company, with total investment of 480.26 million USD. The project has a designed capacity of 60 MW IT Load, meets Tier III+ standards, and aspires to Tier IV.
The project aims to expand regional digital infrastructure, attract ICT service providers, strengthen data processing capabilities, ensure information security, and support growing cloud computing demand across the region.
In the biotechnology sector, the Tam Anh High-Tech Center, invested by Tam Anh General Hospital JSC in Ho Chi Minh City, also received an investment certificate. The project’s total investment is 160 million USD, focusing on biotech applications including next-generation genome sequencing (NGS), stem-cell–based regenerative medicine, and international ICH GCP-compliant clinical trials.
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 the life-sciences sector. The center is also expected to train about 5,000 professionals annually.
The final project is Techtronic Tools Vietnam (TTI) factory, invested by Techtronic Industries, with capital of 81 million USD. The project will operate in smart electronics devices and integrated IoT lithium batteries.
It focuses on manufacturing electromechanical equipment, high-performance batteries, PCBs, and precision molds, and will establish an R&D center at Ho Chi Minh City’s High-Tech Park. The stated goals include expanding the global electronics supply chain, promoting smart manufacturing, increasing export value, and developing a “make in Vietnam” ecosystem.
According to city leaders, the projects are expected to contribute directly to GRDP growth while reinforcing Ho Chi Minh City’s role as a hub of innovation, digital infrastructure, and green-digital industry leadership in the region.
As of now, the Ho Chi Minh City High-Tech Park hosts 166 active projects with total investment of about 13.428 billion USD, creating more than 53,678 high-skilled jobs. The accumulated output value of high-tech products is about 203.354 billion USD, with exports valued at about 185.207 billion USD. This is described as a foundation for Ho Chi Minh City to continue pursuing two-digit economic growth under Politburo Resolution 57/2024.
Mr. Nguyen Van Duoc, Chairman of the Ho Chi Minh City People’s Committee, said that in Q1-2026, Ho Chi Minh City continued to lead the country in attracting foreign direct investment, with 2.9 billion USD, including 1.23 billion USD in the digital economy and green economy sectors in the city.
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