StarMason Data Centre Campus is a data center project in Thu Duc (SHTP), Vietnam, operated by StarMason JSC (Sembcorp Development / BB Holding JV). It is at the land and permitting stage. It is planned for 60 MW of IT load.
Latest change on record: entered the record as land and permitting on 8 September 2026. Record last checked against its sources on 22 October 2026.
Next gate to watch: Power arranged.
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.
HCMC metro holds 10 active projects with 722 MW of planned IT load between them, and StarMason Data Centre Campus ranks 5th by planned capacity. Of those, 2 are operational, 1 is under construction, 5 are at the land and permitting stage and 2 are announced only. Published colocation vacancy in HCMC metro was 34.8% as of June 2026, on 33 MW of operational colocation capacity as counted by Cushman & Wakefield. Vacancy excludes hyperscaler self-build.
It is the only StarMason project ArusGrid tracks. It sits on the Saigon Hi-Tech Park alongside CMC Hyperscale DC SHTP, Evolution DC VN HCMC (VN02), FPT Fornix HCM02 and Gaw Capital Project Vespa. Named funding comes from Sembcorp Development and BB Holding. No user of the capacity is on the public record as of 2026-10-03, after a check of operator, landlord, contractor, regulator and lender documents. Most colocation leases are confidential, so this says nothing about occupancy.
The stage was recorded as at the land and permitting stage on 8 September 2026. The money on record is US$480.26m as of April 2026, a government approval ceiling.
Grid power for a large industrial user in Vietnam costs about US$0.073 per kWh as of July 2026, the country figure ArusGrid applies where a site has no published rate. The US export control position for advanced AI chips in Vietnam, as of 27 September 2026, is recorded as “Licence required as enforced (Country Group D:1), no named authorisation found”. ArusGrid holds 12 public sources for this project, the latest dated 16 September 2026, and last checked the record on 22 October 2026.
Construction or financing is evidenced, or several independent signals agree. The rules are fixed and published on the Methodology page.
Sembcorp's own press release calls it a 'hyperscale- and AI-ready data centre campus' serving cloud, AI computing and advanced workloads; Uptime Tier III targeting Tier IV. No cooling spec or tenant, so 'likely'.
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 are published on the Methodology page.
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
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.
An approval figure is an incentive ceiling. It often covers a first phase and can exclude land or IT equipment.
The figure covers the whole campus.
No published price band exists for Vietnam, and ArusGrid does not estimate from the regional benchmark alone. What was searched is listed on the Colo prices page.
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