Ho Chi Minh City, Feb. 24 -- Ho Chi Minh City is witnessing a structural shift in foreign direct investment (FDI), marked by the emergence of billion-dollar projects in data centres, digital infrastructure and financial technology. The move toward higher-quality capital is expected to create new growth drivers and enhance the city's long-term competitiveness.

Billion-dollar digital infrastructure projects

A consortium led by the UAE's G42 Group has signed a long-term framework agreement with Vietnamese partners to develop hyperscale data centres in Vietnam, with total expected investment of up to 2 billion USD. The facilities, to be located in Ho Chi Minh City, will meet international standards and provide digital services for public ag...