$250 mln data center to be built in HCM City
The center providing AI development and data services.
On the occasion of the Vietnam Global Innovation Connect 2025 in Singapore from February 20 to 22, Mr. Le Quang Dam, General Director of Marvell Vietnam, shared with Vietnam Economic Times/VnEconomy his belief that Vietnam is facing a once-in-a-century opportunity to rise on the global semiconductor value chain map.
The event uniting top innovators to shape the future of semiconductors, AI, and fintech.
The support policies shall be applied until the end of December 31, 2030.
Strengthening cooperation in the semiconductor industry, particularly in workforce training, is considered crucial for both countries.
The PM stressed the importance of being truly innovative and researching special mechanisms and policies rather than just specific ones.
Vietnam aims to establish at least 300 design enterprises, three semiconductor chip manufacturing plants, and 20 semiconductor product packaging and testing plants by 2050.
Renowned companies like Amazon, Microsoft, Supermicro, ST Telemedia Global Data Centers, Google, and Alibaba are increasingly showing interest.
The $520-million factory is scheduled to undergo expansion in September 2025 and enter stable production from October 2025.
A center providing hi-tech training of international standards will be set up in the city.
The call was made at the 3rd Southeast Asia Business Forum in Paris on February 12.
AI and 5G are not only improving operational efficiency but also creating many opportunities for innovation in various fields.
The Government will present a resolution to the NA to address challenges in scientific and technological development.
The northern province has set ambitious targets for 2025, aiming for 55% of its population to engage in online shopping
The national DTI value has risen to 0.7326, marking a 3% increase compared to 2022 and a remarkable 50.8% increase compared to 2020.
Under the master plan, efforts will be made to urgently complete and develop the national nuclear power infrastructure to support the implementation of the Ninh Thuan nuclear power project.