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UAE firm G42 plans $2 billion hyperscale data centre in Vietnam
UAE firm G42 plans $2 billion hyperscale data centre in Vietnam

Economic Times

time10-07-2025

  • Business
  • Economic Times

UAE firm G42 plans $2 billion hyperscale data centre in Vietnam

The Abu Dhabi state-backed firm G42 plans to partner with Vietnamese companies to develop a $2 billion hyperscale data centre in Vietnam 's business hub Ho Chi Minh City, state media reported on local partners include FPT Corp., investment firm VinaCapital and Viet Thai Group, the official Vietnam News Agency in the city are seeking opinions from the Prime Minister on the project, the report said, without giving a timeframe for the development of the centre.

UAE firm G42 plans $2 billion hyperscale data centre in Vietnam
UAE firm G42 plans $2 billion hyperscale data centre in Vietnam

Time of India

time10-07-2025

  • Business
  • Time of India

UAE firm G42 plans $2 billion hyperscale data centre in Vietnam

The local partners include FPT Corp., investment firm VinaCapital and Viet Thai Group, the official Vietnam News Agency reported. Tired of too many ads? Remove Ads The Abu Dhabi state-backed firm G42 plans to partner with Vietnamese companies to develop a $2 billion hyperscale data centre in Vietnam 's business hub Ho Chi Minh City, state media reported on local partners include FPT Corp., investment firm VinaCapital and Viet Thai Group, the official Vietnam News Agency in the city are seeking opinions from the Prime Minister on the project, the report said, without giving a timeframe for the development of the centre.

UAE firm G42 plans $2 billion hyperscale data centre in Vietnam
UAE firm G42 plans $2 billion hyperscale data centre in Vietnam

Yahoo

time10-07-2025

  • Business
  • Yahoo

UAE firm G42 plans $2 billion hyperscale data centre in Vietnam

HANOI (Reuters) -The Abu Dhabi state-backed firm G42 plans to partner with Vietnamese companies to develop a $2 billion hyperscale data centre in Vietnam's business hub Ho Chi Minh City, state media reported on Thursday. The local partners include FPT Corp., investment firm VinaCapital and Viet Thai Group, the official Vietnam News Agency reported. Authorities in the city are seeking opinions from the Prime Minister on the project, the report said, without giving a timeframe for the development of the centre. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Vietnam to Draw Foreign Inflows on Tariff Deal, VinaCapital Says
Vietnam to Draw Foreign Inflows on Tariff Deal, VinaCapital Says

Bloomberg

time09-07-2025

  • Business
  • Bloomberg

Vietnam to Draw Foreign Inflows on Tariff Deal, VinaCapital Says

Foreign investors are expected to flock back to Vietnam's stock market after the country received a lower-than-expected US tariff, said Thu Nguyen, deputy chief executive officer of VinaCapital Fund Management. Vietnamese stocks benefited from the return of foreign investors after US President Donald Trump announced a trade deal with the Southeast Asian nation, Thu said in an interview with Bloomberg TV's Haslinda Amin on the sidelines of an investment summit in Hanoi. A potential FTSE Russell market upgrade will also entice investors, she added.

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