Hanoi, April 28 -- Ho Chi Minh City (VNA) - Ho Chi Minh City is seeing a sharp surge in foreign direct investment into hi-tech sectors, especially data infrastructure, a cornerstone of the digital economy.

Wave of massive projects

Over the weekend, the municipal People's Committee granted investment certificates to four hi-tech projects in the Saigon Hi-Tech Park (SHTP), with combined registered capital topping 1.23 billion USD. These projects focus on data centres, biomedical technology, and smart electronic equipment, which hold high value-added potential. Notably, two of the approvals are for hyperscale data centres.

The Evolution DC VN HCMC project, backed by a Singaporean consortium of Hathor, Frontier and Evolution, carries more ...