ST Telemedia GDC forms JV with VNG to develop data centres in Vietnam

The JV will facilitate the construction of a new data centre in Ho Chi Minh.

ST Telemedia Global Data Centres (STT GDC) has formed a joint venture with Vietnam-based VNG Corporation to develop and operate data centre projects in Ho Chi Minh city, Vietnam.

Under the partnership, STT VNG Ho Chi Minh City 1 will continue its operations in Tan Thuan whilst a new facility will be established in the same area, to be operational in 1H26.

STT VNG Ho Chi Minh City 1 is an Uptime Tier-3 rated facility and is ISO 27001, ISO 27017, ISO 27018 and PCI-DSS certified, offering a total IT load capacity of 9.6 megawatts.

It can meet global standards for banks, financial institutions, internet exchange operators, network service providers, content delivery networks, edge computing clouds, and other enterprises.

The second data centre, STT VNG Ho Chi Minh City 2, will provide up to 60 megawatts of IT load capacity once fully built.

Experts predict Vietnam's digital economy to grow by 20% by 2025, fueled by progressive government policies, rising data consumption, improved connectivity, and infrastructure modernisation.

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