Vietnam tech firm CMC plans $500m in data center, other investments

Expansion in Japan, U.S. and Europe seen as path to growth, chairman says

20241211N CMC CEO

CMC Chairman and Executive President Nguyen Trung Chinh spoke about the company's investment plans. (Photo by Koji Nozawa)

KOJI NOZAWA, Nikkei senior staff writer

TOKYO -- Vietnamese tech company CMC plans to invest $500 million in data centers and other infrastructure in its home country, Japan and elsewhere in the five years through 2028, leveraging its homeland's neutral position in ongoing tensions between China and the U.S. to capture demand.

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