Cushman & Wakefield taps into Vietnam's hyperscale data center growth
Vietnam remains one of Asia Pacific's most underserved data center markets, while a growing development pipeline and proposed hyperscale projects point to rising demand for digital infrastructure, according to Cushman & Wakefield.
Cushman & Wakefield has been hired by Stavian High-Tech Infrastructure Corporation, a Stavian Group member, to assess the potential of Stavian Digital Park (SDP), a proposed hyperscale data center development in Ho Chi Minh City. The feasibility study, funded by the U.S. Trade and Development Agency (USTDA), follows a surge in investment in cloud computing and artificial intelligence (AI) across Southeast Asia.
According to Cushman & Wakefield's 2026 APAC Data Center Investment Landscape report, Vietnam currently lacks sufficient data center capacity, with only 1.4 million people per megawatt of operational capacity. The report also ranks Vietnam second in the Asia Pacific for cost efficiency. In H1 2026, Ho Chi Minh City's data center development pipeline reached 68 MW, more than double its current operational capacity.
SDP, planned to cover 300 hectares and reach an initial power capacity of 300 MW by 2030, will feature international subsea fiber connectivity, up to 200 Tbps bandwidth, and renewable energy sources. The feasibility study will evaluate 15 key areas, from market demand and site suitability to financial viability and sustainability.
Danny Dung Le, CEO of Stavian High-Tech Infrastructure Corporation, describes SDP as an integrated digital infrastructure platform for hyperscale data centers, enterprises, government digital infrastructure, and AI and cloud computing providers. Hieu Bui, director of Data Center Advisory & Transactions at Cushman & Wakefield Vietnam, emphasizes that hyperscale data centers demand power availability, telecommunications connectivity, land, regulatory frameworks, and long-term scalability.
The SDP study aims to create a phased roadmap and provide a basis for discussions with potential operators, investors, and international partners. Vietnam is accelerating digital infrastructure development to elevate its digital economy to at least 30% of GDP by 2030, with policies for data, digital technology parks, and data centers being formulated.
Cushman & Wakefield Vietnam's Country Manager, Minh Hoang, highlights that AI, cloud computing, and digital industries are fueling global demand for large-scale data infrastructure. Vietnam's strategic location, strong economic growth, and commitment to digital transformation position the country as a promising data infrastructure hub in the region.
Cushman & Wakefield's involvement in SDP supports large-scale initiatives, bolstering Vietnam's digital infrastructure capacity and attractiveness to global investors and technology companies.
Written by urgent.news from VnExpress Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
