--- title: "UAE firm G42, Vietnamese firms in deal to develop AI infrastructure in Vietnam" description: "Abu Dhabi's G42 and Vietnamese firms FPT Corporation and Viet Thai Group have signed a $1 billion deal to develop AI infrastructure in Vietnam. The agreement aims to enhance Vietnam's AI capabilities " type: "news" locale: "en" url: "https://longbridge.com/en/news/275246851.md" published_at: "2026-02-09T01:08:43.000Z" --- # UAE firm G42, Vietnamese firms in deal to develop AI infrastructure in Vietnam > Abu Dhabi's G42 and Vietnamese firms FPT Corporation and Viet Thai Group have signed a $1 billion deal to develop AI infrastructure in Vietnam. The agreement aims to enhance Vietnam's AI capabilities and cloud infrastructure, supporting its goal to become a leading AI hub in Southeast Asia while ensuring data sovereignty. The initiative includes deploying cloud capacity across three data centers, with plans for a $2 billion hyperscale data center in Ho Chi Minh City. HANOI, Feb 9 (Reuters) - Abu Dhabi-based technology group G42, and a consortium comprising the FPT Corporation (FPT.HM) and the Viet Thai Group, have signed a deal to develop sovereign AI capabilities and cloud infrastructure across Vietnam, G42 said on Monday. Under the framework cooperation agreement backed by a commitment of $1 billion, the firms will deploy cloud capacity across three data centre locations in the Southeast Asian country, it said in a statement. “The initiative aims to support Vietnam’s ambition to become an AI-native society and a leading AI hub in Southeast Asia, while ensuring national data sovereignty and digital resilience,” G42 said. Vietnamese state media said last year the firms planned to develop a $2 billion hyperscale data centre in Vietnam’s business hub Ho Chi Minh City. ### Related Stocks - [VNET.US - Vnet](https://longbridge.com/en/quote/VNET.US.md) - [DTCR.US - Global X Data Center & Dgtl Infrs ETF](https://longbridge.com/en/quote/DTCR.US.md) - [CLOU.US - Global X Cloud Computing ETF](https://longbridge.com/en/quote/CLOU.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | France's AI company Mistral buys cloud service startup Koyeb | French AI company Mistral AI has acquired cloud service startup Koyeb, based near Paris, to enhance its AI infrastructur | [Link](https://longbridge.com/en/news/276140526.md) | | HIVE's BUZZ Signs $30 Million in AI Cloud Contracts, Accelerating Global HPC Tier-III Data Center Expansion \| HIVE Stock News | HIVE Digital Technologies Ltd. has signed $30 million in AI cloud contracts through its BUZZ High Performance Computing | [Link](https://longbridge.com/en/news/275856079.md) | | Should You Bet on a Short Squeeze in SoundHound AI Stock Now? | Should You Bet on a Short Squeeze in SoundHound AI Stock Now? | [Link](https://longbridge.com/en/news/275918992.md) | | Infosys Unveils AI First Value Framework | Infosys Ltd :INFOSYS - INFOSYS UNVEILS AI FIRST VALUE FRAMEWORK | [Link](https://longbridge.com/en/news/276131501.md) | | HIVE Digital Lands $30 Million In AI Cloud Deals | HIVE Digital Technologies (NASDAQ: HIVE) has signed $30 million in AI cloud contracts, leading to a rise in its stock pr | [Link](https://longbridge.com/en/news/275904330.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.