Kinh Bac City Development Shareholding Corporation (HOSE: KBC) announced a signing ceremony held on October 28th in London, UK. The agreement outlines a collaborative effort among the three parties to initiate the project’s first phase, with plans to expand to other locations nationwide in subsequent stages.
Funding for the venture will be sourced from equity capital and commercial loans, with equity contributions from KBC, AIC, and strategic partners. VietinBank will serve as the financial partner, providing project finance advisory services and capital mobilization.
According to KBC, the project, named SGI-HCM Campus, derives its acronym “SGI” from Saigon Invest Group, an industrial zone (IZ) infrastructure investment conglomerate of which KBC is a key member. The 10-hectare complex will be located in Tan Phu Trung Industrial Zone (Cu Chi, Ho Chi Minh City), an area designated for high-tech enterprises and digital infrastructure services.
The data center aims to achieve a 200MW IT load capacity and support 100,000 GPUs within the next few years.
AIC, a London and Hong Kong-based investment platform specializing in data center development, boasts a portfolio exceeding $20 billion. AIC aims to collaborate with KBC and stakeholders to establish a network of hyperscale and neocloud data centers, addressing the region’s growing demand for cloud computing and AI solutions.
Mr. Dang Thanh Tam, Chairman of KBC’s Board of Directors, stated that the data center is a critical component in enhancing the value chain of industrial zones.
Tan Phu Trung Industrial Zone. Photo: KBC
|
In the first nine months of 2025, KBC reported net revenue of nearly VND 5,039 billion and post-tax profit of approximately VND 1,563 billion, representing 2.5 and 3.9 times year-on-year growth, respectively. These results reflect 54% and 49% of the company’s annual targets after three quarters.
Notably, the company’s financial debt reached VND 27 trillion (over $1 billion), primarily long-term bank loans, marking a 2.7-fold increase from the beginning of the year and accounting for 67% of total liabilities.
KBC’s 9-Month Profit Surpasses VND 1.5 Trillion, Debt Hits Record $1 Billion
– 21:42 05/11/2025
“Vĩnh Hoàn, the ‘Queen of Pangasius,’ Reports Strong Q3 Earnings as Real Estate Stock Prices Rebound”
The robust recovery in real estate asset values has enabled Vinh Hoan Corporation (HOSE: VHC) to reverse over VND 40 billion in provisions, serving as the primary driver that propelled its nine-month profit to the second-highest level since its inception.
DBV Insurance Reports Continued Losses in Q3
Despite both insurance and financial sectors reporting profit growth, DBV Insurance Corporation (UPCoM: AIC) remained in the red for Q3 2025, burdened by soaring management expenses.
Afternoon Technical Analysis, October 13: Soaring to New Heights
The VN-Index has continued its upward trajectory, reaching an all-time high. With the previous peak from September 2025 (around 1,700–1,711 points) now decisively broken, this level shifts from resistance to a robust support zone. Meanwhile, the HNX-Index has rebounded, testing the Middle line of the Bollinger Bands.
The Birth of a Giant: Kinh Bac Invests 1.35 Trillion VND in New Venture
Introducing a dynamic new venture with a substantial initial capital of VND 1.5 trillion, of which Kinh Bac contributes a significant VND 1.35 trillion, accounting for 90% of the total charter capital.
The Power Players: Unveiling the High-Growth Enterprises Poised to Attract Investors
Our expert analysts at VDSC maintain a bullish stance on listed equity assets, with a keen focus on businesses that demonstrate robust scalability and resilience against inflationary pressures.
