TP.HCM Signs $2.1 Billion AI Data Center Deal; Nghệ An Approves $2.5 Billion LNG Power Plant
NATURAL GASDATA AND AI INFRASTRUCTURE
TP.HCM signed a memorandum with AIC on March 11 to invest $2.1 billion in an AI data center in Củ Chi, projected to be operational by Q1 2027. This facility will feature high standards for energy efficiency and is expected to support international AI computing needs.
Simultaneously, Nghệ An approved the LNG Quỳnh Lập power plant project with an investment of approximately $2.5 billion, comprising a 1,500 MW plant and LNG storage. Construction is planned to commence by April 30, 2026. Both projects aim to enhance Vietnam's technological and energy infrastructure.
Mar 16, 2026, 1:36 PM
