Vietnam-based fund launches $1.5bn data center project

Facility to become country's largest, with 150 MW capacity within two years

20250305 Vietnam Data center

Vietnam is seeing higher demand for data centers as its tech industry grows, but the country faces challenges such as new regulations and power shortages. (Nikkei montage)

Nikkei staff writers

TOKYO -- Vietnam-based fund Saigon Asset Management (SAM) announced on Tuesday the launch of a $1.5 billion, 150-megawatt data center hub project that will be the largest such facility in the country when complete.

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