HCM City data center boom drives green energy requirements

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Data center capital inflows of nearly $1 billion into Saigon Hi-Tech Park are expanding digital infrastructure while forcing strict energy efficiency and gre...

Data from the (SHTP) Management Board shows that in the first nine months of 2026, SHTP attracted nearly $1.23 billion in newly registered capital, up 3.9 times year-on-year and reaching 87.9 percent of its annual target. Two data center projects accounted for $989.05 million, representing over 80 percent of newly registered capital.

In early November, the SHTP Management Board announced its investment attraction portfolio for the 2026-2030 period under Decision 7013/QD-UBND of the Ho Chi Minh City People's Committee, dated October 20, 2026. The updated portfolio designates seven key sites while setting out priority criteria concerning the environment, energy, and emissions.

Specifically, prioritized projects must present a roadmap and commitment to achieving net-zero emissions by 2045 at the latest, complete with waste treatment plans, environmental impact mitigation strategies, and designated capital for environmental protection. Investors must be committed to waste reduction, reuse, and recycling, while prioritizing renewable energy, energy conservation, and greenhouse gas reduction.

Quantified targets require renewable energy to account for at least 20 percent of total primary energy by 2030 and 65-70 percent by 2045. Energy savings must reach 7-10 percent and 14-20 percent across these respective benchmarks. Greenhouse gas emission reductions from energy activities are set at 15-35 percent by 2030 and 70-80 percent by 2045.

For data centers specifically, the required Power Usage Effectiveness (PUE) ratio is set below 1.3. This ratio measures the total energy consumed by the facility relative to the energy delivered to computing equipment, with values closer to 1.0 indicating higher efficiency. Setting a dedicated threshold highlights the focus on operational efficiency for continuously operating, power-intensive infrastructure.

One project at SHTP has announced a specific green roadmap. According to the management board, Evolution DC VN HCMC aims to utilize…

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