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Gaw Capital Project Vespa data center

Thu Duc (SHTP), Ho Chi Minh City, Vietnam · HCMC metro market · location approximate to district level

Gaw Capital Project Vespa is a data center project in Thu Duc (SHTP), Vietnam, operated by Gaw Capital Partners. It is at the land and permitting stage. It is planned for 20 MW of IT load.

Latest change on record: entered the record as land and permitting on 14 June 2022.

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Stage
Land and permitting
Planned IT load
20 MW
Running now
Not disclosed
Operator
Gaw Capital Partners
Colocation
AI workloads
No signal either way
Evidence grade
Sourced
Will it get built?Open question2 of 7 gates passed
✓ Land secured○ Power arranged○ Approvals granted✓ Money committed○ Tenant or own use○ Builder appointed○ Construction started

Next gate to watch: Power arranged.

Your call. Will it be built?

Build odds is ArusGrid's reading of the public record, not a forecast, a rating or advice. It counts the gates this project has passed in public sources. Private progress does not show, a passed gate can be undone, and projects that pass every gate still stop. The method has not yet been tested against outcomes. How it works.

How Vietnam approves, powers and taxes data centers is on Data center rules in Vietnam.

How well evidenced is it

One or two hard signals sit behind the announcement. On record: named funder, three or more sources. Criteria.

AI workloads

StatusNo signal either way

No public signal either way.

Access to AI chips

GradeNo public signal

Nothing found in the public record. This describes the record, not the company, and it is not evidence that access was sought or denied. Criteria.

Licence required as enforced (Country Group D:1), no named authorisation found · Licence required as enforced (Country Group D:1), no named authorisation found (2026-09-27) source

Stage history

2022-06-14Land and permitting · vietnamnews.vn

Who is behind it

OperatorGaw Capital Partners · Colocation
Funder, EquityGaw Capital Partners

Who uses the compute

Checked on 2026-10-03. No user of this capacity is on the public record. ArusGrid read the operator's releases, the landlord's and contractors' exchange filings, regulator and lender documents and interconnection records. Most colocation leases are confidential, so this says nothing about occupancy.

Land
Industrial estateSaigon Hi-Tech Park · 6,056 sqm · Jun 2022 Confirmed source ↗
Greenfield land acquired through a Gaw fund. Seller and terms not disclosed.

Sources

  1. gawcapital.com
  2. datacenterdynamics.com
  3. w.media
  4. Gaw Capital buys land in Ho Chi Minh City to build data centre (EdgeProp Singapore, 2022-06-15)
  5. Gaw Capital Partners Completes Acquisition of Greenfield Land in Saigon Hi-Tech Park (Viet Nam News (Media OutReach), 2022-06-15)
  6. Here’s a rundown of Vietnam’s current data centre landscape (Real Estate Asia, 2024-08-27)
  7. Gaw Capital Acquires Saigon Site for 20MW Data Centre Project (Mingtiandi, 2022-06-14)

Same campus, Saigon Hi-Tech Park

More in HCMC metro

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