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UAE’s G42 Leads $1 Billion Consortium to Build Vietnam’s Sovereign AI and Cloud Infrastructure

by Dubai News
2 hours ago
in Business, Business and Economy, Global Business, Local Business
UAE’s G42 Leads $1 Billion Consortium to Build Vietnam’s Sovereign AI and Cloud Infrastructure
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Ambitious partnership with Vietnamese giants FPT and Viet Thai Group aims to position Vietnam as a leading AI-native hub in Southeast Asia.

A UAE-led consortium has committed $1 billion to build Vietnam’s sovereign artificial intelligence (AI) and cloud computing capabilities, marking one of the largest tech investments in the Southeast Asian nation’s history.

The agreement, spearheaded by Abu Dhabi AI giant G42 in partnership with Vietnam’s FPT Corporation and Viet Thai Group, will develop high-performance data centers and national AI adoption programs to fast-track Vietnam’s ambition of becoming an AI-native society.

Under the plan, the consortium will deploy cloud and AI infrastructure across three data center locations in Vietnam, designed to serve both public and private sector needs while ensuring data sovereignty and digital independence.

Beyond infrastructure, the initiative includes comprehensive AI skilling and workforce development programs aimed at government, industry, and academia—key to embedding AI adoption across Vietnam’s economy.

“This represents a new model for national AI transformation—one built on sovereignty, partnership, and purpose,” said Ali Al Amine, Chief Commercial Officer at G42 International. He praised Vietnam’s “visionary leadership” and the commitment of local partners in enabling the country to harness AI’s full potential.

For Vietnam, the move signals a strategic step toward reducing technological dependence and positioning itself as a regional AI and semiconductor hub.

“Vietnam clearly understands that it cannot move forward alone,” said Dr. Truong Gia Binh, Chairman of FPT Corporation, emphasizing the need for trusted alliances in AI, cloud, and semiconductors. “Now it is time to turn commitments into real implementation.”

David Thai, Chairman and CEO of Viet Thai Group, highlighted the expected socioeconomic impact: “This initiative positions Vietnam at the forefront of AI-driven economic development in Asia, supporting the growth of the middle class.”

The consortium will now move to finalize regulatory approvals, distribute workloads between public and private sectors, and begin site development. The project is anticipated to generate substantial economic benefits through direct investment, job creation, and enhanced regional competitiveness.

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