This week, Create Capital Vietnam and Haimaker.ai announced plans to build a nationwide AI-focused data center network totaling about $1 billion.
The joint venture, called Vietnam Data Gen (VDG), will develop the project in three stages, starting in Da Nang and expanding nationwide. The facilities are designed to support GPU-intensive workloads for government, banks, telecom operators, and technology firms.
The announcement follows a flurry of AI infrastructure projects that have mobilized more than $7 billion nationwide in the past six months. Vietnam’s new AI law and state-led digital strategy are driving the investment, which could change the way companies deploy enterprise systems in Southeast Asia.
Layered AI and Enterprise Data Center Strategy
Vietnam’s new data center projects are creating a layered ecosystem, with specialized facilities targeting AI, general enterprise, and international workloads. This structure offers diverse options for companies designing regional IT and ERP systems.
AI-specialized capacity
VDG is building 100 MW of phased capacity, starting with 10–20 MW in Da Nang and expanding nationwide. Kinh Bac City Development’s Tan Phu Trung AI campus also targets large-scale AI model training, with 200 MW and roughly 100,000 GPUs.
Commercial hyperscale
State-owned Viettel is developing two facilities—140 MW at Tan Phu Trung and 60 MW at An Khanh—that integrate its own AI solutions, while CMC Corporation is rolling out 120 MW across Hanoi and Ho Chi Minh City for enterprise clients and has also partnered with Samsung C&T on a separate data center hub in Ho Chi Minh City, with a 30 MW first phase and a planned 100 MW expansion.
International hub
The UAE-based G42 consortium is investing $2 billion in a Ho Chi Minh City “AI Factory,” and the Singapore-based ST Telemedia’s joint venture with VNG is establishing facilities for multinational clients. Google, meanwhile, is considering a plan to build a data center in Ho Chi Minh City to support cloud services.
The projects form a market-driven ecosystem shaped by government incentives. This specialization gives businesses more options to match infrastructure with operational priorities. Enterprises and vendors can now select infrastructure tailored to specific latency, cost, and compute requirements, rather than relying on a one-size-fits-all model.
The $7 Billion AI and Data Center Surge
In recent months, Vietnam has drawn more than $7 billion in announced and proposed investment for AI and data center projects. It is leading the expansion of the country’s digital infrastructure, as well as its emergence as an alternative to traditional regional hubs.
This includes the previously mentioned investments by VDG ($1 billion), Kinh Bac City Development’s Tan Phu Trung AI campus ($2 billion), Viettel’s An Khanh facility ($665 million), CMC Corporation’s existing data center chain ($250 million), the G42 “AI Factory” proposal in Ho Chi Minh City ($2 billion), and ST Telemedia–VNG’s two upcoming Ho Chi Minh City sites (not disclosed), as well as IPTP Networks’ $200 million Da Nang project and the government’s roughly $639 million National Data Centre No.1.
On top of these, Samsung C&T and CMC have agreed a separate $1.3 billion hyperscale data center hub in Ho Chi Minh City, with a 30 MW first phase and a planned 100 MW expansion, and Google is weighing its first large data center investment in Vietnam.
Regulatory incentives drive the market. Vietnam’s AI law, effective March 2026, mandates pre-market conformity for high-risk AI systems in sectors including finance, healthcare, justice, and labor. Meanwhile, state-led infrastructure investments and digital sovereignty initiatives inform commercial conditions, and capacity constraints intensify demand.
The combination of heavy investment, policy incentives, and infrastructure scarcity is creating a highly competitive market for AI and enterprise computing services.
The expanded network enables deployment models once cost-prohibitive, including multi-site ERP instances, real-time disaster recovery, and regional failover systems. Early alliances among ERP providers and system integrators will help determine where enterprise computing infrastructure takes shape in the country and regionally.
In this market, investment timing, location, and strategic partnerships may matter more than sheer capacity in determining long-term advantage.
What This Means for ERP Insiders
ERP deployment in Vietnam just became more feasible. The investment surge lets local enterprises host ERP systems with lower latency, greater reliability, and regulatory compliance, supporting growth in Vietnam’s fast-growing, export-driven economy.
Vietnam offers a cost and investment advantage for enterprise infrastructure. Construction costs and electricity rates are among the lowest in the region, while state-backed incentives accelerate deployment. Companies can achieve high-performance ERP hosting at a fraction of Singapore’s cost, making Vietnam an increasingly attractive option for regional enterprise systems.
New infrastructure enables regional ERP deployment. Many companies have shifted supply chains or operations to Vietnam and can now host ERP systems and critical data there too, allowing businesses to move up the global value chain. This positions Vietnam as a hub for enterprise systems, supporting broader Southeast Asia strategies.
