AI company from UAE plans $2bn data center in Ho Chi Minh City

Local IT company FPT and investor Viet Thai to help G42 build 70 MW of facilities

2025-05-16U.S. President Trump visits the UAE

U.S. President Donald Trump speaks with the CEO of G42 Peng Xiao, center, as he attends a business forum at Qasr Al Watan during the final stop of his Gulf visit, in Abu Dhabi, United Arab Emirates, on May 16.  © Reuters

LIEN HOANG

HO CHI MINH CITY -- Ho Chi Minh City officials say they are welcoming a $2 billion artificial intelligence data center from G42, a United Arab Emirates-based technology company that the U.S. investigated for Chinese links.

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