Abu Dhabi’s G42 has partnered with FPT and Viet Thai Group to build hyperscale data centres and AI infrastructure across Vietnam, backed by $1B commitments.
Abu Dhabi-backed technology group G42 has entered Vietnam through a partnership with a local consortium comprising FPT Corporation and Viet Thai Group, aiming to develop hyperscale data centres and artificial intelligence infrastructure across the country.
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The partnership, backed by consumption commitments of up to $1 billion, will deploy large-scale cloud capacity across three data centre sites in Vietnam, according to a statement from G42 on Monday. The facilities are expected to deliver high-performance AI and cloud services to both public- and private-sector clients.
The initiative supports Vietnam’s ambition to emerge as a regional AI hub in Southeast Asia, while also prioritising national data sovereignty and digital resilience, the statement said.
“Vietnam clearly understands that it cannot move forward alone,” said Truong Gia Binh, chairman of FPT. “In areas such as semiconductors, AI, cloud computing, big data and cybersecurity, we need strategic alliances with partners we can rely on and trust.”
Beyond infrastructure, the partnership includes plans for national AI skilling and workforce development programmes, aimed at accelerating AI adoption across government, industry and academia.
The Vietnam expansion comes amid growing global activity by G42 and other Gulf-based technology investors. Earlier this month, US AI chipmaker Cerebras Systems, in which G42 holds a stake, raised $1 billion in a funding round.
Last month, the UAE and Qatar joined Pax Silica, a US-led coalition focused on securing cross-border infrastructure and supply chains for the AI era. Emirati sovereign wealth funds, including Mubadala and ADQ, alongside AI-focused groups such as G42 and MGX, are increasingly partnering with US technology leaders, including Nvidia and OpenAI, as the race to build global AI capacity accelerates.
Why G42 Collaboration with Vietnam Matters to MENA
G42’s move into Vietnam highlights how Middle Eastern capital and AI expertise are increasingly shaping global digital infrastructure, not just regional markets. For MENA, it reinforces the UAE’s position as a net exporter of AI capability, while showcasing how Gulf-backed firms are forming strategic alliances in high-growth emerging markets. As regional players compete in the global AI race, overseas data center investments also deepen geopolitical influence, diversify revenue streams, and strengthen MENA’s role in the next phase of the digital economy.
