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Stavian Digital Park's 300 MW hyperscale plan for Vietnam

The argument

The proposed hyperscale facility in Ho Chi Minh City, backed by a U.S. Trade and Development Agency study, targets 300 MW total capacity by 2030, addressing Vietnam's underserved digital infrastructure.

By Lena Ho28 September 20263 min read
Photo: Misuto Kazo / Pexels

Vietnam's Underserved Data Centre Market

Vietnam presents one of Asia Pacific's most underserved data centre markets, a condition highlighted by Cushman & Wakefield's 2026 APAC Data Center Investment Landscape report. The country possesses an operational capacity of approximately 1.4 million people per megawatt, indicating a significant supply deficit against rising demand for digital infrastructure.

This demand is fuelled by expanding investment in cloud computing and artificial intelligence across Southeast Asia. Despite the current capacity limitations, the same report positions Vietnam second in Asia Pacific for yield on cost.

Data from Cushman & Wakefield's APAC Data Center Update H1 2026 shows Ho Chi Minh City's development pipeline reached 68 MW in the first half of 2026, more than doubling its existing operational capacity and suggesting a growing commitment to addressing this infrastructure gap.

Stavian Digital Park Development

Stavian High-Tech Infrastructure Corporation, part of Stavian Group, has commissioned Cushman & Wakefield to conduct a feasibility study for Stavian Digital Park (SDP). This proposed hyperscale digital technology park, located in Ho Chi Minh City, is among the first such large-scale projects planned for Vietnam.

The U.S. Trade and Development Agency (USTDA) is funding this study, which was formally initiated with a signing ceremony in Singapore on 23 September 2026. The SDP project is planned to span approximately 300 hectares and aims for an initial total power capacity of 300 MW by 2030.

It intends to integrate international subsea fibre connectivity, offering bandwidth up to 200 Tbps, alongside incorporating solar and other renewable energy sources.

Scope of the Feasibility Study

The feasibility study for Stavian Digital Park encompasses 15 distinct workstreams, designed to provide a comprehensive assessment of the project. These areas include evaluating market demand, site suitability, power infrastructure, and telecommunications connectivity.

Financial viability, sustainability considerations, and regulatory requirements also form part of the study's scope. Danny Dung Le, CEO of Stavian High-Tech Infrastructure Corporation, stated that SDP is conceived as an integrated digital infrastructure platform.

It aims to provide connectivity, energy, and other essential infrastructure for hyperscale data centre operators, enterprises, government digital infrastructure, and providers of AI and cloud computing services. The study will also assess conditions necessary to enhance the project's bankability and inform future investment decisions.

Hyperscale Requirements and Market Outlook

Cushman & Wakefield's involvement with Stavian Digital Park forms part of its wider data centre advisory work across Vietnam and the Asia Pacific region. The company has advised on more than 5 GW of operating data centre capacity and currently manages 1.7 GW region-wide.

In Vietnam, it has previously supported feasibility studies and operator sourcing for other hyperscale developments, including a proposed digital park in central Vietnam projected for 500 MW capacity.

Hieu Bui, Director of Data Center Advisory & Transactions under Cushman & Wakefield Vietnam's Capital Markets department, emphasised that hyperscale data centres are a distinct infrastructure asset class. They demand highly specialised requirements for power availability, telecommunications connectivity, land, regulatory frameworks, and long-term scalability.

Implications for Digital Infrastructure Investment

The proposed Stavian Digital Park, with its target of 300 MW total power capacity by 2030 and planned integration of 200 Tbps subsea fibre connectivity, offers a significant indicator of Vietnam's emerging hyperscale data centre market.

As demand continues to grow and supply remains limited, projects demonstrating clear technical, commercial, and financial viability will gain a competitive advantage, according to Hieu Bui of Cushman & Wakefield. The ongoing feasibility study is expected to provide a phased roadmap and a basis for engagement with potential operators, investors, and international partners.

Investors should closely examine the study's outcomes for specific data on power sourcing, land tenure, and regulatory support, as these elements will determine the project's long-term operational costs and scalability, offering concrete metrics for evaluating bankability.

This analysis is journalism, not investment advice; consult a licensed professional before making financial decisions.

Pieces are credited to the desk that commissioned and edited them. Our editorial standards, and the desks behind them, are set out on the Editorial Standards and Team pages.

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