G-Group to invest US$ 290 million in AI data center in Hanoi

Truong Viet Dung, Vice Chairman of the Hanoi People's Committee, with representatives from G-Group and OTECH, at the signing ceremony. Credit: G-Group
July 6, 2026 at 4:01 PM GMT+8

Vietnamese technology investment firm, G-Group last week received investment certification for its G-Campus project, a 7,600 billion VND (US$ 290 million) AI data center campus in Hoa Lac, Hanoi. At the same ceremony, G-Group also signed a strategic cooperation agreement with the Hanoi People’s Committee and OTECH, an Omani firm specialising in information and communication technology, to cooperate in investing, developing and operating AI data centers Vietnam.

Spanning over 38,000 sq meters in the Hoa Lac High-Tech Park, G-Campus is a large-scale digital infrastructure complex comprising four functional zones. Zones 1 and 2 focus on research and development (R&D) of cutting-edge products such as AI, high-performance computing (HPC), and cybersecurity. Zones 3 and 4 comprise a proposed Tier III certified data center (Uptime Institute) dedicated to AI and HPC with an initial capacity of 20MW IT power, expandable to 30MW.

Under the cooperation agreement, Hanoi People’s Committee will connect ecosystem partners, develop necessary infrastructure and ensure compliance with regulations; while OTECH which is part of the Omantel Group, will bring its experience in operating national-scale data center infrastructure and sovereign cloud management. G-Group, as an investment firm, will be responsible for investment and capital structure, and commercializing the product in the Vietnamese market, according to the firm’s press release.

Phung Anh Tu, Chairman of G-Group, shared: “G-Campus is not just a technology infrastructure investment project, but a long-term commitment of G-Group to accompany Hanoi city into the AI era. We believe that, in the future, data and computing capabilities will become an important part of national competitiveness. Therefore, what G-Group aims for is not to build the largest data center, but to build a platform that is modern enough, secure enough, and open enough to serve research, technology development, digital transformation, and large-scale AI applications.”

The project aligns with Hanoi’s ambition of achieving an average of 4 IoT connections per citizen by 2030; and a digital government model. Hanoi is projected to require at least two mega data centers and edge data centers to cope with the increasing data volume, the statement added.