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1. Key Characteristics of the HCMC International Financial Centre

The Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCMC) was officially launched in February 2026 pursuant to National Assembly Resolution No. 222/2025/QH15. It is positioned as a strategic hub connecting global capital with Vietnam’s development needs, while attracting investment banks, investment funds, asset management firms, fintech companies and international financial institutions.

The VIFC-HCMC ecosystem focuses on four specialised areas:

• Aviation Finance Centre: Provides financing for aircraft purchases, leasing and lessor activities, together with aviation insurance, aviation logistics finance and transport-related derivatives.
• FinTech Centre: Develops cross-border payments, blockchain applications, AI-powered financial services, digital assets and next-generation financial models within a regulatory sandbox.
• Maritime Finance Centre: Focuses on trade finance, ship financing, marine insurance, logistics and global supply chain services.
• International Interbank Network and Global Financial Institutions: Connects banks, financial institutions, payment systems and cross-border capital flows, while exploring blockchain, smart contracts and new digital payment models.

With this multi-sector structure, VIFC-HCMC is designed to establish a modern financial ecosystem linking finance with trade, technology, aviation, maritime services and logistics. This foundation is expected to strengthen Ho Chi Minh City’s capacity to attract international capital and expand its role within the regional financial network.

2. Boundaries of the HCMC International Financial Centre

Pursuant to Decree No. 323/2025/ND-CP, the Ho Chi Minh City International Financial Centre covers approximately 898 hectares across Sai Gon Ward, Ben Thanh Ward and the Thu Thiem New Urban Area in An Khanh Ward.

Boundary Area 

The centre is bounded by Vo Van Kiet Boulevard, Pho Duc Chinh Street, Nguyen Cong Tru Street, Nam Ky Khoi Nghia Street, Le Duan Boulevard, Ton Duc Thang Street, Nguyen Huu Canh Street, the Nhieu Loc–Thi Nghe Canal, the Saigon River, the boundary of Lan Anh Villa Compound, Tran Bach Dang Street, Tran Nao Street, the northern and northeastern boundaries of the Thu Thiem New Urban Area, Road No. 7 and Ca Tre Creek.

This location links Ho Chi Minh City’s established financial district with the emerging commercial and office hub in Thu Thiem, creating a large-scale financial services zone at the heart of the city.

Authority Responsible for Boundary and Land Allocation 

The HCMC People’s Committee is responsible for defining the centre’s detailed location, administrative boundaries, total area and allocated land fund. The VIFC-HCMC governing authority is responsible for publishing this information through the centre’s electronic one-stop administrative system.

Functional Zones 

The HCMC International Financial Centre is expected to include the following key functional areas:

• Financial Trading Zone: Dedicated to financial transactions and related activities.
• Banking Services Zone: Accommodating banks and other financial institutions.
• Exchange Zone: Including securities, commodities and related trading platforms.
• Office Zone: Providing workspace for members, investors and organisations operating within the centre.
• Arbitration and Court Zone: Supporting dispute resolution and legal proceedings.
• Other Functional Zones: To be determined by the governing authority based on operational requirements.

The land allocated to the centre must comply with approved regional and municipal planning, with clearly defined boundaries, convenient transport access and sufficient capacity for infrastructure and essential services. The site must also meet requirements relating to environmental protection, links with high-quality education and research institutions, national defence and security.

3. Key Planning and Development Priorities

VIFC-HCMC is planned as a modern financial ecosystem built on a transparent regulatory environment, flexible operating mechanisms and direct connections between international capital and the real economy. Priority areas include infrastructure, logistics, digital transformation and sustainable development.

During implementation, Ho Chi Minh City will focus on refining special mechanisms for foreign exchange, taxation, investment, the FinTech regulatory sandbox and international-standard dispute resolution. The city will also develop data infrastructure, financial technology, cross-border payment systems and a highly skilled workforce.

VIFC-HCMC is expected to serve as a major capital-raising hub for strategic projects, as Vietnam requires an estimated USD 1.5–1.6 trillion in investment capital during 2026–2035, while Ho Chi Minh City alone will need more than VND 3.2 quadrillion between 2026 and 2030. This provides a strong foundation for the city to enhance its competitiveness and strengthen its position within the regional financial landscape.

4. Trade and Connectivity Advantages of HCMC New Financial Centre

VIFC-HCMC is strategically positioned between the established city centre in Sai Gon Ward and Ben Thanh Ward, and the Thu Thiem New Urban Area in An Khanh Ward. This location provides direct access to Ho Chi Minh City’s banking, commercial, office, port and key transport infrastructure.

• Urban connectivity: Vo Van Kiet Boulevard, Ton Duc Thang Street, Nguyen Huu Canh Street, Mai Chi Tho Boulevard and Metro Line No. 1 provide efficient links between the city centre, Thu Thiem and eastern Ho Chi Minh City.
• Air connectivity: VIFC-HCMC offers convenient access to Tan Son Nhat International Airport and major transport routes leading to Long Thanh International Airport, which is targeted to commence commercial operations by the end of 2026.
• Port and logistics connectivity: Its proximity to the Saigon River and eastern port network supports the development of trade finance, marine insurance, ship financing and supply chain services.
• International capital connectivity: The interbank system is designed to connect global financial institutions, facilitate cross-border payments and support the application of blockchain and smart contracts within the regulatory sandbox.

With its integrated transport, logistics and financial infrastructure, VIFC-HCMC is well positioned to attract banks, investment funds, insurance companies, fintech firms and professional service providers seeking office space in HCMC.

5. Office Buildings within the HCMC International Financial Centre

The development of the Ho Chi Minh City International Financial Centre is closely linked to the city’s existing office building stock and upcoming projects. District 1 and the Thu Thiem New Urban Area will serve as two complementary core locations, meeting current occupier demand while providing additional capacity for future growth.

5.1 Office Buildings in District 1 – The Established Financial Core

District 1 has long been regarded as Ho Chi Minh City’s “Wall Street”, with a high concentration of Grade A and Grade A+ office buildings. The area hosts the headquarters of banks, investment funds, securities firms and major financial services companies. Several landmark buildings have become established symbols of the city’s financial district, including:

>> Office for lease in District 1

5.2 Office Buildings in Thu Thiem – The Emerging Financial Core

Unlike District 1, Thu Thiem in Thu Duc City is planned as a next-generation financial centre. The area benefits from a large land bank and integrated master planning, making it suitable for high-rise developments and international mixed-use complexes. In the coming years, a number of Grade A+ office buildings in Thu Thiem are expected to become operational and serve as headquarters for financial institutions, fintech companies and global corporations. Key office leasing projects in the Thu Thiem New Urban Area include:

With over 10 years of experience and a portfolio of more than 1,800 Grade A, B and C office buildings in Ho Chi Minh City, Maison Office is a trusted advisory firm helping businesses quickly identify office space that meets their requirements and budget. 

6. Impact of the Financial Centre on Office Rents and Supply

6.1 Impact on Office Rents and Supply

The establishment of the Ho Chi Minh City International Financial Centre is expected to have a direct impact on the office leasing market, particularly in District 1 and Thu Thiem.

• Stronger office demand: As international banks, securities firms, investment funds, insurance groups and fintech companies establish a presence in the financial core, demand for Grade A and Grade A+ office space is expected to rise significantly.
• Upward pressure on rents: Experience from regional financial centres indicates that office rents in financial districts are often 15–25% higher than the wider market. With Grade A office rents in District 1 currently ranging from approximately USD 55–70/m²/month, rental levels may continue to increase if demand exceeds supply.
• Additional supply from Thu Thiem: Unlike District 1, where developable land is limited, Thu Thiem has substantial land allocated for Grade A+ office projects. Over the next 10–15 years, new developments are expected to add hundreds of thousands of square metres of office space, helping balance supply and demand while expanding occupier choice.
• A shift in market structure: District 1 will retain its role as the established financial core, while Thu Thiem will serve as a complementary source of modern, competitive office supply. Together, the two areas are expected to form a dual financial and office ecosystem similar to Hong Kong–Kowloon or Seoul–Yeouido.

6.2 Opportunities and Challenges for Businesses

In the future, the Ho Chi Minh City International Financial Centre is expected to create significant opportunities, together with a number of challenges for businesses operating in the area.

Opportunities for businesses: 

• Stronger international connectivity: Domestic and foreign companies will gain more direct access to global financial institutions, investment funds and international capital markets.
• Enhanced brand positioning: Establishing an office within the financial centre can strengthen corporate credibility and support a more professional image among clients and business partners.
• Benefits from modern infrastructure: District 1 and Thu Thiem are expected to benefit from coordinated investment in transport, urban amenities and business support services, creating a modern, smart and sustainable working environment.
• Market expansion potential: Financial services, insurance, fintech, international trade and logistics companies will have greater opportunities for growth.

Challenges for businesses: 

• Higher occupancy costs: Grade A and Grade A+ office rents within the financial core may increase significantly, creating cost pressure for small and medium-sized enterprises.
• Stronger competition: The concentration of multinational corporations and major institutions will intensify competition for premium office space and supporting services.
• International compliance requirements: Businesses will need to meet higher standards of governance, financial transparency and legal compliance, particularly when working with global institutions.
• Pressure to modernise operations: Companies may need to invest further in technology, digital management and sustainable business practices to remain competitive in an international financial environment.

Overall, the HCMC International Financial Centre will create a high-potential business environment, while requiring companies to adopt flexible strategies, strengthen financial capacity and improve corporate governance.

7. Frequently Asked Questions

7.1 Where is the core area of the HCMC International Financial Centre located?

Pursuant to Decree No. 323/2025/ND-CP, the Ho Chi Minh City International Financial Centre covers approximately 898 hectares across Sai Gon Ward, Ben Thanh Ward and the Thu Thiem New Urban Area in An Khanh Ward.

7.2 What is the estimated investment capital for the new financial centre?

According to published information, VIFC-HCMC has recorded approximately USD 9.1 billion in registered capital, with more than 500 companies registering to become members. This figure represents capital registered within the ecosystem and should not be interpreted as total infrastructure investment or disbursed capital.

7.3 When will the first phase of the HCMC International Financial Centre be completed?

The Vietnam International Financial Centre was established under Decree No. 323/2025/ND-CP dated 18 December 2025 and operates as a unified entity across Ho Chi Minh City and Da Nang. VIFC-HCMC was officially launched in February 2026 and is currently developing its operating framework, data infrastructure, member network and international workforce training programmes.

1. Keangnam Landmark Hanoi

Keangnam Landmark 72 is strategically located on Pham Hung Street in the My Dinh area, widely recognized as a key hub for the Korean business community in Hanoi. The surrounding area hosts a strong presence of Korean companies, restaurants, services, and expatriate housing, forming a well-established ecosystem that supports Korean enterprises operating in Vietnam.

With its integrated mixed-use model combining office space, hotel, residential, and retail components, Keangnam Landmark Hanoi stands out in the office for lease in Nam Tu Liem District segment. It effectively caters to large-scale Korean corporations by providing seamless connectivity within the FDI business network, convenient access to talent, and a familiar operating environment.

Building Information: 

• Address: Pham Hung, Tu Liem Ward, (Nam Tu Liem District) Hanoi
• Landlord: AON Holdings
• Scale: 72 floors – 2 basements
• Typical floor: 2,200 sqm/floor
• Grade: Grade A

2. IFC Hanoi

IFC Hanoi is located within the Starlake Tay Ho Tay urban area, adjacent to the Ngoai Giao Doan diplomatic zone, where embassies and a large community of Korean expatriates are concentrated. Its proximity to diplomatic institutions and high-end residential areas allows businesses to conveniently access partners, clients, and talent within the Korean business community in Hanoi.

The office space at IFC Hanoi is developed to Grade A standards, featuring large floor plates, modern design, and a professional working environment. It stands out in the office for lease in Bac Tu Liem District segment, making it an ideal choice for Korean companies seeking offices near Korean communities while meeting high requirements for corporate image, operational efficiency, and international connectivity.

Building Information:

• Address: Lot B3 CC1, Starlake City, Xuan Dinh Ward, (Bac Tu Liem District), Hanoi
• Landlord: JR22 Vietnam Co., Ltd.
• Scale: 35 floors – 3 basements
• Typical floor: 1,941 sqm/floor
• Grade: Grade A

3. Oriental Square

Oriental Square is located within the Starlake Tay Ho Tay urban area, adjacent to the Ngoai Giao Doan diplomatic zone, where embassies and a well-established Korean community are concentrated. This strategic location enables businesses to easily access international organizations, Korean professionals, and a wide range of services tailored to the Korean community in Hanoi.

Developed to Grade A office standards, the building features modern architecture, flexible workspace layouts, and a stable operating environment. It is well-suited for Korean companies seeking office space near Korean business districts while maintaining high standards for corporate image, operational efficiency, and long-term sustainability.

Building Information:

• Address: Tay Ho Tay Urban Area, Xuan Dinh Ward, (Bac Tu Liem District), Hanoi
• Landlord: Dai Nam Tien Construction Investment JSC
• Scale: 16 floors – 3 basements
• Typical floor: 912 sqm & 992 sqm/floor
• Grade: Grade A

4. Leadvisors Tower

Leadvisors Tower is strategically located on Pham Van Dong Boulevard, offering direct connectivity to Noi Bai International Airport and the northern industrial zones, where many Korean companies in manufacturing and logistics are based. The building is also in close proximity to the Ngoai Giao Doan area, home to a large community of Korean expatriates in Hanoi.

Designed with a modern architectural approach, the tower integrates green spaces and balanced design elements, creating a stable and professional working environment. It is well-suited for Korean enterprises seeking operational efficiency, convenient transportation, and strong connectivity with the northern supply chain network.

Building Information:

• Address: 643 Pham Van Dong, Nghia Do Ward, (Bac Tu Liem District) Hanoi
• Landlord: Phuong Bac Complex Co., Ltd.
• Scale: 25 floors – 3 basements
• Typical floor: 972 sqm/floor
• Grade: Grade A

5. Rox Tower Goldmark City

Rox Tower Goldmark City is located on Ho Tung Mau Street in Bac Tu Liem District, an emerging area with a growing international residential community, including Korean professionals and workers. This location allows businesses to conveniently access talent, clients, and services tailored to the Korean community in the surrounding area.

The building offers a large-scale development with flexible office floor plates, making it suitable for companies in expansion phases. Its modern workspace, combined with a comprehensive on-site amenity system, supports stable operations while providing a convenient and efficient working environment for long-term occupancy.

Building Information: 

• Address: 136 Ho Tung Mau, Phu Dien Ward, (Bac Tu Liem District) Hanoi
• Landlord: Viet Han Trading – Advertising – Construction – Real Estate JSC
• Scale: 40 floors – 3 basements
• Typical floor plate: 1,900 sqm/floor
• Grade: Grade A

6. HUD Tower

HUD Tower is located in the Trung Hoa – Nhan Chinh area on Le Van Luong Street, a long-established Korean business district in Hanoi. The surrounding area features a wide range of Korean restaurants, supermarkets, services, and offices of Korean companies, creating a familiar and convenient working environment for businesses from the same market.

From this location, companies can easily access partners, clients, and talent within the Korean community without extensive travel. As a notable option in the office for lease in Thanh Xuan District segment, HUD Tower offers large-scale office space and well-developed infrastructure, making it suitable for service, trading, and financial companies seeking a headquarters in a vibrant Korean business hub.

Building Information:

• Address: 37 Le Van Luong, Thanh Xuan Ward, (Thanh Xuan District) Hanoi
• Landlord: Housing and Urban Development Corporation (HUD)
• Scale: 2 towers of 32 and 27 floors
• Typical floor: 1,100 sqm/floor
• Grade: Grade B+

7. Charmvit Tower

Charmvit Tower is an office building in Cau Giay District, located on Tran Duy Hung Street – an area with a high concentration of Korean businesses and services in Hanoi, and in close proximity to the Embassy of South Korea. This strategic location allows companies to easily access the Korean business ecosystem, services, and community within a short radius, supporting efficient networking and collaboration.

As part of the Grand Plaza complex, the building integrates office space, a hotel, and retail facilities, catering to both daily operations and international business engagements. It is a suitable choice for Korean enterprises seeking a well-connected, professional working environment in the western business hub of Hanoi.

Building Information:

• Address: 117 Tran Duy Hung, Yen Hoa Ward, (Cau Giay District) Hanoi
• Landlord: Grand Plaza Hanoi Hotel Co., Ltd.
• Scale: 27 floors – 2 basements
• Typical floor: 2,464 sqm/floor
• Grade: Grade B+

8. Diamond Flower Tower

Diamond Flower Tower is located at the intersection of Le Van Luong and Hoang Dao Thuy Streets, adjacent to the Trung Hoa – Nhan Chinh area and close to the Embassy of South Korea. This location offers strong advantages for Korean companies, providing quick access to business networks, services, and amenities tailored to the Korean community in the area.

The building is a notable option in the office for lease in Thanh Xuan District segment, featuring modern design and flexible floor plates to accommodate various office layouts. With its strategic location and convenient transportation connectivity, Diamond Flower Tower is well-suited for businesses seeking a presence in an active international business hub with a strong Korean community.

Building Information:

• Address: 48 Le Van Luong, Thanh Xuan Ward, (Thanh Xuan District) Hanoi
• Scale: 37 floors – 3 basements
• Typical floor: 1,500 sqm/floor
• Grade: Grade B

9. CEO Tower

CEO Tower is located on Pham Hung Street in Nam Tu Liem District, close to major office clusters and the My Dinh area, where a strong Korean business community is concentrated in Hanoi. From this location, companies can easily access Trung Hoa – Nhan Chinh and Tay Ho Tay, maintaining convenient connections with Korean partners, clients, and related services.

In practice, CEO Tower is often chosen by Korean companies as a cost-efficient solution that balances budget and location. Leasing office space here allows businesses to optimize rental costs compared to Grade A buildings while still maintaining strong connectivity to the Korean business network in western Hanoi.

Building Information:

• Address: Pham Hung, Tu Liem Ward, (Nam Tu Liem District) Hanoi
• Scale: 27 floors – 2 basements
• Typical floor: 450 sqm/floor
• Grade: Grade B

10. IDMC My Dinh Building

IDMC My Dinh Building is well-suited for Korean companies in the expansion phase in Hanoi, particularly those in trading, logistics, or representative office functions. Its location on Pham Hung Street allows businesses to maintain strong connectivity to Noi Bai International Airport and the northern industrial zones, where many Korean manufacturing supply chains are based.

Notably, the building is situated directly opposite My Dinh Bus Station and near major inter-provincial transport routes, providing clear advantages for mobility and logistics. In practical operations, this connectivity plays a key role in optimizing travel time and reducing logistics costs for companies with regional business activities.

Building Information:

• Address: 15 Pham Hung, Cau Giay Ward, (Nam Tu Liem District) Hanoi
• Scale: 21 floors – 3 basements
• Typical floor: 720 sqm/floor
• Grade: Grade B

11. Han Jardin Ngoai Giao Doan

Han Jardin Ngoai Giao Doan represents a typical office model within a diplomatic urban area, where security, living environment, and international standards are prioritized. Located directly opposite the Embassy of South Korea, the building is well-suited for companies seeking proximity to diplomatic institutions and international organizations.

Unlike traditional office clusters, the Ngoai Giao Doan area offers a more stable and less volatile environment, making it ideal for Korean enterprises with long-term operational strategies. The integration of office space within a high-end residential community also enhances the overall experience for expatriate professionals.

Building Information:

• Address: N01-T6, N01-T7, Hoang Minh Thao, Xuan Dinh Ward, (Bac Tu Liem District), Hanoi
• Scale: 45 floors – 3 basements
• Typical floor: 2,300 sqm/floor
• Grade: Grade B

Selecting an office near Korean business districts in Hanoi provides not only a strategic location advantage but also access to an established ecosystem of clients, partners, and talent. Buildings such as Charmvit Tower, Diamond Flower Tower, and Han Jardin each offer distinct advantages, catering to the diverse needs of Korean and FDI-driven enterprises.

To identify the most suitable option based on business scale and strategic direction, companies should adopt a comprehensive market perspective. Maison Office supports clients by analyzing requirements, providing up-to-date availability, and assisting in lease negotiations, enabling businesses to make informed decisions and optimize operational efficiency.

1. Capital Place

Capital Place is a Grade A+ office landmark in Ba Dinh District, strategically located along the Lieu Giai – Kim Ma corridor, the core of Hanoi’s Japanese business community. Positioned opposite Vincom Metropolis and adjacent to the Embassy of Japan, the development offers strong advantages in business connectivity and international client engagement. It is an ideal choice for multinational corporations seeking a highly recognizable headquarters within Hanoi’s political and diplomatic center.

A key highlight of Capital Place is its internationally recognized green certifications, including LEED Gold and Platinum, meeting the stringent environmental standards required by Japanese enterprises. The large column-free floor plates combined with raised floor systems allow for efficient space planning and operational flexibility. The building delivers a sustainable working environment with optimized air quality, energy efficiency, and long-term performance for corporate occupiers.

Building Specifications:

• Address: 29 Lieu Giai, Ngoc Ha Ward, (Ba Dinh District) Hanoi
• Landlord: Twin Peaks JSC
• Scale: 37 floors – 3 basements
• Typical floor: 1,200 sqm/floor
• Grade: Grade A

2. Lotte Center Hanoi

Lotte Center Hanoi is one of the most prominent office buildings near the Japanese business district in Hanoi, with strong visibility along the Lieu Giai – Kim Ma corridor. Located within Ba Dinh’s diplomatic hub, adjacent to the Embassy of Japan and key Japanese business enclaves, the building offers clear advantages for FDI companies in terms of business connectivity, talent access, and operational stability in Hanoi.

Beyond its strategic location, Lotte Center Hanoi is developed as a mixed-use complex comprising Grade A office space, a 5-star hotel, and a premium retail mall. This integrated environment is particularly well-suited to Japanese corporations that prioritize efficiency and convenience, enabling seamless operations, client hosting, and expatriate accommodation within a single destination.

Building Specifications:

• Address: 54 Lieu Giai, Ngoc Ha Ward, (Ba Dinh District) Hanoi
• Landlord: LOTTE Group
• Scale: 65 floors – 5 basements
• Typical Floor: 940 sqm/floor
• Grade: Grade A

3. Handiresco Tower

Handiresco Tower stands out with its rare dual frontage overlooking Ngoc Khanh Lake, offering an open and well-ventilated working environment highly valued by Japanese companies, particularly in terms of feng shui and workplace well-being. This is a key advantage for FDI tenants seeking office buildings near the Japanese business district in Hanoi, where operational efficiency aligns with long-term sustainability and employee comfort.

Strategically located along the Kim Ma – Pham Huy Thong corridor, the building provides convenient access to the Japanese quarter, the Embassy of Japan, and major transport routes. Comprising two office towers with a total leasable area exceeding 21,000 sqm, Handiresco Tower is equipped with comprehensive facilities including large meeting rooms, central air-conditioning, and high-speed elevators. It is a suitable option for companies seeking stable office space with cost efficiency in Ba Dinh District.

Building Specifications:

• Address: 521 Kim Ma, Giang Vo Ward, (Ba Dinh District) Hanoi
• Scale: Tower A: 16 floors – Tower B: 14 floors – 1 basement
• Typical Floor: 2,140 sqm/floor
• Grade: Grade B+

4. Daeha Business Center

Daeha Business Center is one of the office buildings with a stable base of Japanese tenants in the Kim Ma area, making it a suitable choice for companies that value a familiar working environment and strong community connectivity. Establishing an office here allows businesses to easily access partners, talent, and the well-established Japanese business ecosystem in Ba Dinh District.

In addition, the building offers a clear cost advantage compared to Grade A offices within the same area. Combined with the integrated amenities of Daewoo Hotel, including conference facilities, restaurants, and accommodation services, Daeha Business Center provides a practical solution for companies seeking stable office space with optimized budgets while maintaining professional operational standards.

Building Specifications:

• Address: 360 Kim Ma, Giang Vo Ward, (Ba Dinh District) Hanoi
• Scale: 15 floors
• Typical Floor: 1,100 sqm/floor
• Grade: Grade B+

5. V Tower Kim Ma

V Tower Kim Ma is designed under a unique “Work–Stay” concept, combining office space and serviced apartments within the Japanese business district. This model is particularly suitable for Japanese companies that frequently deploy expatriates or require long-term residential arrangements for management teams in Vietnam. Its prime location on Kim Ma Street ensures quick access to embassies and the city center within minutes.

The building features a modern architectural design with a quiet working environment and professional management services aligned with international standards, supporting efficient day-to-day operations. In addition to dedicated office space, V Tower integrates commercial and service areas, allowing tenants to meet both working and living needs within a single location. It is a practical option for representative offices and mid-sized companies seeking stability and convenience in Ba Dinh District.

Building Specifications:

• Address: 649 Kim Ma, Giang Vo Ward, (Ba Dinh District) Hanoi
• Scale: 10 floors – 1 basement
• Typical Floor: 500 sqm/floor
• Grade: Grade B

6. VIT Tower

With approximately 45% of tenants being foreign-invested companies, VIT Tower clearly reflects the demand of the FDI sector in Ba Dinh District. This established international tenant mix provides a strong advantage for new market entrants, enabling them to integrate quickly into a professional business environment. It is particularly suitable for Japanese companies seeking office buildings near the Japanese business district in Hanoi with a stable and international tenant community.

The office space at VIT Tower features flexible layouts with floor plates of up to 1,000 sqm and minimal columns, allowing efficient space planning for various business needs. The building is equipped with standard technical infrastructure, three basement levels for parking, and 24/7 security services. With competitive rental rates and reliable property management, VIT Tower offers a cost-effective solution for companies in the technology and financial sectors.

Building Specifications:

• Address: 519 Kim Ma, Giang Vo Ward, (Ba Dinh District) Hanoi
• Scale: 20 floors – 3 basements
• Typical Floor: 1,000 sqm/floor
• Grade: Grade B

7. Toserco Building

Toserco Building is an ideal solution for companies requiring large and open floor plates within the Japanese business district along Kim Ma Street. With typical floor areas of approximately 900 sqm, the building enables efficient space planning for centralized offices, training facilities, or product showrooms. Its location near major intersections also ensures convenient access for both employees and business partners.

The building is equipped with essential business facilities, including large conference halls, multi-purpose meeting rooms, and high-speed telecommunications infrastructure. Surrounding amenities feature major banks and a variety of Japanese dining options, supporting daily business operations. With stable building operations and flexible layouts, Toserco Building remains a preferred option for service-oriented companies seeking functional office space in Ba Dinh District.

Building Specifications:

• Address: 273 Kim Ma, Giang Vo Ward, (Ba Dinh District) Hanoi
• Scale: 7 floors – 1 basement
• Typical Floor: 900 sqm/floor
• Grade: Grade B

8. Lancaster Hanoi

Lancaster Hanoi is a mixed-use development comprising office space, retail, and high-end residential units, located on Nui Truc Street in the heart of Ba Dinh District. With convenient access to Kim Ma, Lieu Giai, and Lang Ha, the building benefits from proximity to the Japanese business district and key commercial corridors. This makes it a suitable option for international companies, particularly Japanese firms seeking office space with strong connectivity and a stable working environment.

The building rises 27 floors, with office space positioned from the 4th to the 6th floors, offering efficient layouts tailored for mid-sized companies and representative offices. The integration of retail and residential components within the same complex enhances on-site amenities, supporting business operations, client meetings, and expatriate accommodation. With modern design, reliable technical infrastructure, and flexible leasing terms, Lancaster Hanoi caters to a wide range of corporate occupiers.

Building Specifications:

• Address: 20 Nui Truc, Lang Ward, (Ba Dinh District) Hanoi
• Scale: 27 floors
• Typical Floor: 650 sqm/floor
• Grade: Grade B

9. Lieu Giai Tower

Lieu Giai Tower is a Grade B office building located along Lieu Giai Street, at the core of Ba Dinh District where international businesses and diplomatic offices are concentrated. Its proximity to the Kim Ma Japanese business area and well-established surrounding amenities makes it a suitable choice for companies seeking office space with strong connectivity and a professional working environment.

Completed in 2020, the building offers modern design standards with relatively new office space and large floor plates of approximately 1,224 sqm. The layout allows flexible subdivision to meet various tenant requirements, while the workspace is optimized with natural daylight, central air-conditioning, and synchronized technical infrastructure, ensuring stable and efficient operations.

Building Specifications:

• Address: 26 Lieu Giai, Ngoc Ha Ward, (Ba Dinh District) Hanoi
• Scale: 25 floors – 3 basements
• Typical Floor: 1,224 sqm/floor
• Grade: Grade B

10. TID Centre

TID Centre is an office building located at the intersection of Lieu Giai – Doi Can – Van Cao, a high-traffic commercial area in Ba Dinh District. This strategic location enables businesses to easily access clients and partners, while maintaining quick connectivity to the Kim Ma Japanese business district and nearby diplomatic offices. It is a suitable option for companies that prioritize visibility, accessibility, and business-facing operations.

The building comprises 15 floors with a typical floor plate of approximately 496 sqm. Its modern glass façade enhances natural lighting and provides open city views, creating a professional working environment. The office layout is flexible and suitable for various business sizes, particularly service firms, financial companies, and representative offices. The lobby and on-site facilities are professionally managed, supporting efficient day-to-day operations in a central location.

Building Specifications:

• Address: 04 Lieu Giai, Ngoc Ha Ward, (Ba Dinh District) Hanoi
• Scale: 15 floors – 1 basement
• Typical Floor: 496 sqm/floor
• Grade: Grade B

Locating an office in buildings near the Japanese business district in Hanoi offers clear advantages in business connectivity and brand positioning within one of the capital’s most dynamic commercial hubs. From international-standard Grade A offices to flexible Grade B options, these buildings cater to diverse operational needs while aligning with the requirements of FDI companies, particularly Japanese enterprises.

To identify the most suitable space in terms of size, budget, and lease conditions, Maison Office provides end-to-end support throughout the search and negotiation process. With over 10 years of experience and a continuously updated database of Hanoi’s office leasing market, Maison Office delivers accurate availability, comparative insights, and tailored advisory services – completely free of charge – helping businesses secure the right office in the right location efficiently.

1. Phu My Hung Tower

Phu My Hung Tower is a Grade A office building for lease in District 7, strategically located in the heart of Phu My Hung Urban Area, widely recognized as the primary hub for the Korean business community in Ho Chi Minh City. This location enables tenants to benefit from a well-established ecosystem tailored to Korean professionals, including F&B, banking services, and daily amenities catering to expatriates.

The building is also within close proximity to Crescent Mall and SECC, providing convenient access to exhibitions, business events, and international networking opportunities. With these advantages, Phu My Hung Tower is well-suited for Korean companies or businesses engaging with the Korean market that require a well-connected and operationally efficient office environment.

Building Specifications

• Address: 101 Ton Dat Tien Street, Tan My Ward, District 7, Ho Chi Minh City
• Landlord: Phu My Hung Development Corporation
• Floors: 24 floors, ground floor, 2 basements
• Typical floor: 1,478 sqm per floor
• Grade: Grade A

2. Cobi Tower 1 – 2

Cobi Tower 1 and 2, developed by Cobi Group, are positioned as a key hub for the Korean business community in Southern Ho Chi Minh City. Located adjacent to SECC, the towers offer a strategic advantage for companies seeking access to international trade events and opportunities to expand their business network. Dedicated office spaces for Korean organizations and associations on upper floors further enhance connectivity, creating a cohesive business ecosystem that supports companies entering the Vietnamese market.

The working environment is elevated by the presence of Youth Street, a commercial zone inspired by Korean lifestyle and culture. A curated mix of F&B, retail, and outdoor activities contributes to a vibrant and engaging workplace experience. Combined with features such as the Sky Terrace and integrated on-site amenities, Cobi Tower 1 and 2 are well-suited for companies with international teams and long-term expansion strategies in Ho Chi Minh City.

Building Specifications 

• Address: 69 Hoang Van Thai, Tan My Ward, (District 7) HCMC
• Landlord: Cobi One Co., Ltd.
• Floors: Tower 1: 20 floors; Tower 2: 17 floors (2 basements)
• Typical Floor: Tower 1: 411 sqm; Tower 2: 1,100 sqm
• Grade: Grade A

3. UOA Tower

Located on Tan Trao Street, UOA Tower sits within the core financial district of Phu My Hung, where a high concentration of Korean companies and expatriates are based. Its proximity to Saigon Paragon and SECC allows businesses to efficiently connect residential areas with international exhibition venues, supporting day-to-day operations, client engagement, and business expansion within the same area.

The office environment is developed in line with BCA Green Mark standards, meeting the operational requirements of international tenants. High ceiling heights, flexible floor layouts, and optimized building systems enable companies to customize their workspace according to internal culture and operational needs. These features make UOA Tower particularly suitable for Korean enterprises seeking a professional and stable office environment for long-term growth in Ho Chi Minh City.

Building Specifications

• Address: 06 Tan Trao, Tan My Ward, (District 7) HCMC
• Landlord: UOA Tower Co., Ltd.
• Floors: 24 floors (4 basements)
• Typical Floor: 1,272 sqm per floor
• Grade: Grade A

4. Millennial Tower

Millennial Tower occupies a prime position along Tan Trao Boulevard, an area emerging as a new office hub within Phu My Hung. The building is located near upscale residential communities with a strong presence of Korean expatriates, as well as key commercial destinations, providing convenient access to clients and international partners. Establishing an office here not only supports daily operations but also enhances corporate image within a well-developed business environment.

Developed in line with green building standards, Millennial Tower offers a workspace focused on efficiency and user experience. Its modern design, large floor plates, and integrated building systems allow tenants to implement flexible office layouts with ease. This makes it a suitable option for Korean companies and FDI enterprises seeking a stable headquarters aligned with long-term growth strategies in Ho Chi Minh City.

Building Specifications

• Address: Lot C15A, South Saigon New Urban Area, Tan My Ward, (District 7) HCMC
• Landlord: UOA Tower Co., Ltd.
• Floors: 24 floors (4 basements)
• Typical Floor: 2,300 sqm per floor
• Grade: Grade A

5. The 678 Tower

The 678 Tower demonstrates strong appeal among international tenants thanks to its location within a high-density FDI cluster in Phu My Hung. The presence of multinational companies in the surrounding area creates a dynamic business environment where tenants can easily connect with partners and expand their operations.

The building is well-suited for Korean companies seeking an international working environment with strong cross-market connectivity. Establishing an office here allows businesses to leverage an existing network of partners while building a stable foundation for long-term growth in Southern Ho Chi Minh City.

Building Specifications 

• Address: 67 Hoang Van Thai, Tan My Ward, (District 7) HCMC
• Landlord: Investment 29 Joint Stock Company
• Floors: 20 floors (2 basements)
• Typical Floor: 372 sqm per floor
• Grade: Grade B+

6. The Grace Tower

The Grace Tower features a refined and elegant design, aligning with the aesthetic standards preferred by many Korean companies when selecting office space. Located near key arterial roads and the Crescent Lake area, the building sits within a district that hosts a high concentration of expatriates, particularly senior professionals working in nearby financial and service hubs.

A key advantage of the building lies in its quiet working environment and ability to ensure privacy in daily operations. The building is equipped with a well-integrated technical system, including high-quality elevators and a reliable backup power supply, ensuring uninterrupted business continuity. In addition, on-site parking and nearby banking services enhance convenience for both employees and visiting partners, making it a suitable choice for companies that prioritize stability and long-term operational efficiency.

Building Specifications

• Address: 71 Hoang Van Thai, Tan My Ward, (District 7) HCMC
• Landlord: Beautiful Saigon Joint Stock Company
• Floors: 16 floors (2 basements)
• Typical Floor: 585 sqm per floor
• Grade: Grade B

7. Dai Minh Convention Tower

Located within Phu My Hung, a well-established hub for international trade and business activities, Dai Minh Convention Tower offers strong advantages in terms of accessibility and client reach within a compact radius. Its proximity to SECC and the Crescent Lake area allows tenants to conveniently participate in business events while maintaining efficient day-to-day operations in a dynamic commercial environment.

The workspace is designed with flexibility and ease of operation in mind, making it suitable for companies that require quick setup and cost control. Efficient floor layouts combined with well-organized on-site amenities support stable daily operations, particularly for foreign enterprises seeking a long-term office solution in Southern Ho Chi Minh City.

Building Specifications 

• Address: 77 Hoang Van Thai, Tan My Ward, (District 7) HCMC
• Landlord: Beautiful Saigon Joint Stock Company
• Floors: 13 floors (2 basements)
• Typical Floor: 676 sqm per floor
• Grade: Grade B

8. M Building

For companies that prioritize operational convenience, M Building is a practical choice within the Phu My Hung area. The building is surrounded by shopping centers, banks, and service facilities commonly used by the Korean community, allowing businesses to maintain stable daily operations and connect with clients within close proximity.

The office space is designed with flexibility in mind, offering layouts that can be easily subdivided to suit different business needs. Combined with green building standards and essential on-site amenities, M Building provides a cost-efficient and easy-to-operate solution for FDI companies seeking a stable office in District 7.

Building Specifications

• Address: 09 Street No. 8, Tan My Ward, (District 7) HCMC
• Landlord: 4M Joint Stock Company
• Floors: 10 floors (1 basement)
• Typical Floor: 598 sqm
• Grade: Grade B

9. Victory Tower

Victory Tower is well-suited for companies requiring large floor areas with the flexibility to scale within the Phu My Hung area. Located along Tan Trao Boulevard, the building is surrounded by a strong concentration of international businesses and a well-established service ecosystem, supporting seamless connectivity and efficient day-to-day operations.

The office space is planned to maximize usability, featuring spacious floor plates that can be flexibly subdivided to meet various operational needs. Its mixed-use model further supports long-term business continuity, making it a suitable option for companies in an expansion phase in Southern Ho Chi Minh City.

Building Specifications 

• Address: 12 Tan Trao, Tan My Ward, (District 7) HCMC
• Landlord: Victory Capital Joint Stock Company
• Floors: 30 floors (3 basements)
• Typical Floor: 1,090 sqm
• Grade: Grade B

10. Saigon Paragon

Unlike conventional office buildings, Saigon Paragon offers a mixed-use working environment with integrated amenities within a single complex. Located on Nguyen Luong Bang Boulevard in Phu My Hung, the building sits in an area with a high concentration of commercial activities and international expatriates.

The integration of retail, dining, and entertainment within the building allows tenants to reduce travel time and enhance employee experience. This makes Saigon Paragon a suitable choice for companies that prioritize convenience, while also requiring a professional setting to host clients and business partners in Southern Ho Chi Minh City.

Building Specifications

• Address: 03 Nguyen Luong Bang, Tan My Ward, (District 7) HCMC
• Floors: 10 floors (2 basements)
• Typical Floor: 2,248 sqm
• Grade: Grade B

Overall, office buildings in Phu My Hung not only meet workspace requirements but also provide a strategic advantage in connecting with the Korean business community in Ho Chi Minh City. Choosing the right location enables companies to optimize operations, expand partnerships, and sustain long-term business performance.

To streamline the search process and secure optimal lease terms, businesses can partner with Maison Office, a professional office leasing consultancy in Ho Chi Minh City. With up-to-date market data and extensive experience working with FDI clients, Maison Office supports companies in selecting suitable office buildings while optimizing costs and lease conditions at each stage of development.

1. Sonatus Building

Sonatus Building is a Grade A office for lease in District 1, located on Le Thanh Ton Street within the Japanese Quarter, where a strong community of Japanese companies and expatriates is concentrated. This prime location offers excellent connectivity for business operations while providing immediate access to a well-established ecosystem of Japanese-standard services within walking distance.

The building features large floor plates of up to 1,500 sqm, with a modern design and high-performance glass façade that enhances natural lighting and energy efficiency. With open views overlooking the Saigon River, the workspace delivers a spacious and comfortable environment, making it highly suitable for FDI enterprises that prioritize premium working conditions and operational standards.

Building Information: 

• Address: 15 Le Thanh Ton, Saigon Ward, District 1, HCMC
• Developer: Hoang Thanh Joint Stock Company
• Scale: 24 floors, 1 mezzanine, 1 ground floor, 4 basements
• Typical Floor Area: 1,500 sqm per floor
• Grade: Grade A

2. Vincom Center Tower

Vincom Center Tower is a Grade A office building located on Le Thanh Ton Street, offering direct connectivity to the Japanese Quarter and major commercial corridors in District 1. The building maintains a high occupancy rate and is home to numerous international tenants, including Japanese companies operating in engineering and technology sectors.

A key advantage of Vincom Center lies in its integrated mixed-use model, combining retail, office, and premium services within a single complex. This setup enhances operational efficiency while providing a comprehensive working environment, making it particularly suitable for businesses aiming to establish a strong corporate presence in the central business district.

Building Information: 

• Address: 72 Le Thanh Ton, Saigon Ward, District 1, HCMC
• Developer: Millennium Investment, Trading and Development Co., Ltd.
• Scale: 26 floors, 6 basements
• Typical Floor Area: 4,600 sqm per floor
• Grade: Grade A

3. 9 Ton Duc Thang Building

9 Ton Duc Thang Building is located at the intersection of Ton Duc Thang and Le Thanh Ton Streets, in the riverside area of District 1 and just a few minutes away from the Japanese Quarter. This strategic location offers strong connectivity advantages, allowing businesses to easily access key financial and commercial hubs across HCMC.

With a scale of 35 floors and flexible leasing areas ranging from 100 sqm to 700 sqm, the building is suitable for various business models, from medium-sized enterprises to large corporations. The workspace features open layouts with river-facing views, combined with modern technical infrastructure and professional property management services, making it particularly appealing to Japanese companies in finance, law, and technology sectors.

Building Information:

• Address: 9–11 Ton Duc Thang, Saigon Ward, District 1, HCMC
• Developer: V Lime Holdings 12 Co., Ltd.
• Scale: 34 floors, 2 basements
• Typical Floor Area: 671 sqm per floor
• Grade: Grade B+

4. CJ Tower

CJ Tower is a Grade B office building that meets international standards, strategically located at the intersection of Le Thanh Ton and Ton Duc Thang Streets in District 1. Positioned directly opposite the Ba Son urban area and close to major developments such as Grand Marina Saigon and Vinhomes Golden River, the building offers a prime business address with strong connectivity to the Japanese business community and key financial districts.

The building features a modern design with a reflective glass façade combined with sun-shading elements, creating a distinctive architectural identity in the CBD. Flexible floor layouts and a well-integrated technical system make CJ Tower an ideal choice for FDI companies in finance, technology, and commerce seeking a stable and professional working environment in central Ho Chi Minh City.

Building Information: 

• Address: 06 Le Thanh Ton, Saigon Ward, District 1, HCMC
• Developer: CJ Vietnam Co., Ltd.
• Scale: 20 floors, 1 ground floor, 2 basements
• Typical Floor Area: 686 sqm per floor
• Grade: Grade B

5. The Lancaster Building

The Lancaster Building is located on Le Thanh Ton Street within Little Japan in District 1, an area well-known for its concentration of Japanese businesses and international-standard services. This prime location offers strong advantages in partner connectivity while enabling companies to establish a professional corporate presence in one of the most dynamic CBD areas in Ho Chi Minh City.

Featuring a neoclassical design with brown granite finishes, the building creates a sense of warmth and sophistication, aligning well with the aesthetic preferences of Japanese professionals and enterprises. With a typical floor plate of up to 1,000 sqm and efficient layout design, The Lancaster provides not only a functional workspace but also a strategic office address in the heart of District 1.

Building Information:

• Address: 22 Le Thanh Ton, Ben Thanh Ward, District 1, HCMC
• Developer: Trung Thuy Group
• Scale: 22 floors, 2 basements
• Typical Floor Area: 650 sqm per floor
• Grade: Grade B

6. Capital Place Tower

Capital Place Tower is located on Thai Van Lung Street, within the core financial district of District 1 and in close proximity to the Japanese Quarter. Positioned near Me Linh Square and major arterial roads, the building offers excellent connectivity to commercial centers, five-star hotels, and surrounding Grade A office developments.

The property features a distinctive European classical architectural style, highlighted by its signature dome roof and symmetrical façade. With flexible floor layouts and stable building operations, Capital Place Tower is well-suited for medium to large enterprises seeking office space in the city center with reasonable rental levels and a professional corporate image.

Building Information:

• Address: 06 Thai Van Lung, Saigon Ward, District 1, HCMC
• Developer: Saigon Tourism Trading Construction Company
• Scale: 12 floors, 1 basement
• Typical Floor Area: 407 sqm per floor
• Grade: Grade B

7. Phuong Tower

Phuong Tower is located on Ly Tu Trong Street, a key corridor connecting the administrative and financial center with major commercial hubs in District 1. From this location, businesses can reach the Japanese Quarter within minutes while enjoying convenient access to Vincom Dong Khoi, the People’s Committee, and a wide range of premium services for international partners.

The building features a modern design with a scale of 9 floors, offering flexible office spaces ranging from 50 sqm to 200 sqm. With a ceiling height of 2.8 meters and a well-integrated technical system, Phuong Tower ensures stable operations and provides an efficient workspace solution, making it particularly suitable for startups and representative offices seeking a central business address.

Building Information:

• Address: 31C Ly Tu Trong, Saigon Ward, District 1, HCMC
• Developer: Tuyet Phuong Nam Co., Ltd.
• Scale: 10 floors, 1 basement
• Typical Floor Area: 210 sqm per floor
• Grade: Grade B

8. Saigon Riverside Office Center

Saigon Riverside Office Center enjoys a rare riverside location on Ton Duc Thang Street, at the gateway connecting the Japanese Quarter and the Ba Son urban area. With direct views of the Saigon River and seamless access to Ba Son Metro Station and Thu Thiem 2 Bridge, the building offers a strong advantage in connectivity while enhancing the overall working experience for employees.

The property features a modern glass façade that maximizes natural daylight and creates an open, airy workspace. With flexible floor areas of up to 600 sqm, the building is well-suited for various business models, particularly technology firms, logistics companies, and international enterprises seeking office space in the CBD with both strategic location and a high-quality working environment.

Building Information:

• Address: 2A–4A Ton Duc Thang, Saigon Ward, District 1, HCMC
• Developer: Hai Thanh – Lotte Co., Ltd.
• Scale: 18 floors
• Typical Floor Area: 600 sqm per floor
• Grade: Grade B

9. Queen Central Building

Queen Central Building is strategically located at the corner of Thai Van Lung and Le Thanh Ton Streets, in the heart of the Japanese Quarter in District 1, where a strong community of Japanese businesses and expatriates is based. This area offers a unique balance of tranquility within the bustling CBD, while still ensuring excellent connectivity to major transport routes and premium urban amenities.

The building is designed in a minimalist style with open layouts and abundant natural light, creating a comfortable and focused working environment. Its boutique office concept is particularly well-suited for foreign enterprises, especially Japanese companies seeking a stable workspace that aligns with the refined lifestyle and business culture of the surrounding area.

Building Information:

• Address: 10AB Thai Van Lung, Saigon Ward, District 1, HCMC
• Scale: 9 floors, 1 basement
• Typical Floor Area: 240 sqm per floor
• Grade: Grade B

10. Norfolk Mansion

Norfolk Mansion is located at 19–21 Ly Tu Trong Street, adjacent to the Japanese Quarter and just a few minutes from Le Thanh Ton. This prime location offers strong advantages for businesses in connecting with the Japanese business community, while also providing easy access to a wide range of dining, services, and premium amenities tailored for expatriates.

The building comprises 15 floors with a modern design and flexible floor layouts, catering to a wide range of tenants from representative offices to full-scale corporate headquarters. A key highlight of Norfolk Mansion is its international-standard management services, including 24/7 reception and professional operations, combined with a comprehensive range of amenities that create a high-end working environment suitable for companies seeking to enhance both brand image and employee experience in District 1.

Building Information:

• Address: 19–21 Ly Tu Trong, Saigon Ward, District 1, HCMC
• Scale: 15 floors
• Typical Floor Area: 4,010 sqm per floor
• Grade: Grade C

The Japanese Quarter is not only a distinctive cultural destination but also a prime area offering high-quality office solutions in the core CBD of Ho Chi Minh City. Establishing a presence in buildings such as Sonatus Building, CJ Tower, or The Lancaster Building enables businesses to optimize operational efficiency while enhancing their corporate image in an international business environment.

With over 10 years of experience in office leasing consultancy, Maison Office is a trusted partner for many companies seeking workspace solutions in Ho Chi Minh City. Rather than providing fragmented information, Maison Office delivers a comprehensive advisory approach, from on-site surveys and cost analysis to lease negotiation support, ensuring long-term operational efficiency and investment value for businesses.

1. Lotte Center Hanoi

Lotte Center Hanoi is a prominent Grade A office for lease in Ba Dinh District, developed by Lotte Group – one of South Korea’s leading diversified corporations. With a 65-storey tower integrating office space, a luxury hotel, and a shopping mall, the project reflects a strong commitment to high-end real estate development and the long-term presence of Korean enterprises in Vietnam.

Thanks to its international-standard operation and well-integrated business ecosystem, the building has become a preferred destination for Korean companies in finance, trade, and technology when seeking office for lease in Ba Dinh District. In addition, locating offices here helps businesses strengthen partner connections and enhance brand positioning within Hanoi’s international business environment.

Building Information

• Address: 54 Lieu Giai, Ngoc Ha Ward, (Ba Dinh District) Hanoi
• Landlord: Lotte Group
• Scale: 65 above-ground floors – 5 basements
• Typical floor plate: 940 sqm/floor
• Grade: Grade A

2. Lotte Mall West Lake Hanoi

Lotte Mall West Lake Hanoi is a key development project by Lotte Group in Hanoi, marking its strategic expansion into the Tay Ho Tay area – the city’s emerging administrative and diplomatic hub. With a large-scale mixed-use concept, the project integrates retail, entertainment, hospitality, and Grade A office space, targeting the international business community, particularly Korean enterprises.

Developed under an “all-in-one” model, Lotte Mall West Lake Hanoi offers a fully integrated working environment combining business, commerce, and lifestyle amenities within a single destination. It is especially suitable for Korean companies in retail, technology, and logistics seeking office for lease in Tay Ho District. The ongoing shift of office demand toward Western Hanoi also helps businesses optimize rental costs while maintaining international operational standards and strong FDI connectivity.

Building Information 

• Address: 272 Vo Chi Cong, Tay Ho Ward, (Tay Ho District) Hanoi
• Landlord: Lotte Group
• Scale: 21 office floors – 1 ground floor
• Typical floor plate: 1,290 sqm/floor
• Grade: Grade A

3. IFC Hanoi

IFC Hanoi (IFC Westlake) is a Grade A office complex developed by JR22 Vietnam Company Limited, a Korean-invested FDI enterprise located within the Starlake urban area in Tay Ho Tay. Positioned along the strategic Nhat Tan – Noi Bai corridor, the development has become a notable choice for businesses seeking office for lease in Bac Tu Liem District, especially as the area evolves into Hanoi’s new administrative and diplomatic center.

With large-scale planning, modern architecture, and a fully integrated ecosystem including office, hospitality, and commercial functions, IFC Hanoi attracts a strong presence of Korean companies operating in technology, finance, and professional services. Its advantages include direct connectivity to Noi Bai International Airport, diplomatic zones, and a growing international business community, enabling enterprises to optimize operations while leveraging the expanding FDI network in Western Hanoi.

Building Information

• Address: Lot B3 CC1, Starlake City, Xuan Dinh Ward, (Bac Tu Liem District), Hanoi
• Landlord: JR22 Vietnam Company Limited
• Scale: 35 above-ground floors – 3 basements
• Typical floor plate: 1,941 sqm/floor
• Grade: Grade A

4. Keangnam Landmark Hanoi

Keangnam Landmark Hanoi is a large-scale Grade A office complex developed by AON Holdings, located along Pham Hung Street – the emerging western business hub of the capital. With a 72-storey tower and a total gross floor area of approximately 610,000 sqm, the building provides high-quality office space and attracts major multinational corporations such as Samsung, LG, and KPMG, forming a vibrant international business community in the area.

One of the key advantages of the building is its excellent connectivity to My Dinh and major transportation routes, making it highly suitable for businesses seeking office for lease in Nam Tu Liem District. In addition, its integrated ecosystem including hospitality, retail, and premium services helps enterprises optimize operations while leveraging the strong presence of Korean companies to expand partnerships and support long-term business growth in Hanoi.

Building Information

• Address: Pham Hung Street, Tu Liem Ward, Nam Tu Liem District, Hanoi
• Landlord: AON Holdings
• Scale: 72 above-ground floors – 2 basements
• Typical floor plate: 2,200 sqm/floor
• Grade: Grade A

Choosing office space in developments with Korean Landlord brings not only operational advantages but also access to a well-connected international business ecosystem. In a highly competitive Hanoi office market, this factor plays an important role in strengthening brand positioning and improving operational efficiency.

With extensive expertise and a database of more than 2,000 office buildings in Hanoi and Ho Chi Minh City, Maison Office supports businesses in quickly identifying suitable options, while accompanying them throughout the entire process from site inspection to negotiation and workspace design consultation.

Contact Maison Office today to receive detailed quotations and schedule on-site tours of the most suitable Grade A office buildings in Hanoi for your business needs.

1. Taisei Square Hanoi

Taisei Square Hanoi is a Grade A office for lease in Cau Giay District, developed by Taisei Corporation – one of Japan’s leading construction groups with over 150 years of experience in infrastructure and real estate development. The direct involvement of Taisei ensures high technical standards, strict construction quality control, and long-term building performance stability.

Unlike conventional commercial developments, Taisei Square Hanoi is designed in line with the Japanese philosophy of sustainable development. The building has achieved LEED Silver certification, reflecting its focus on operational efficiency, energy optimization, and environmental performance. It not only provides a professional workspace but also supports long-term cost efficiency and a high-quality working environment.

Building Specifications

• Address: 289 Khuat Duy Tien, Thanh Xuan Ward, (Cau Giay District) Hanoi
• Landlord: Taisei Hanoi Development Co., Ltd
• Scale: 20 floors above ground and 4 basement levels
• Typical Floor Plate: 1.300 sqm/floor
• Grade: Grade A

2. CornerStone Building

CornerStone Building is a prominent Grade A office for lease in Hoan Kiem District, developed by Daibiru Corporation, a real estate landlord within the Mitsui O.S.K. Lines Group. With extensive experience in the office leasing sector, Daibiru has positioned the building to meet international Grade A standards, focusing on operational stability, transparency, and long-term asset value preservation.

A key highlight of CornerStone Building is its practical approach to sustainable development. The project has achieved LEED Platinum certification and incorporates energy-efficient solutions such as solar power systems. In addition, the building features advanced amenities including PM2.5 air filtration, AED medical devices, and premium facilities, reflecting the Japanese Landlord’s attention to detail and commitment to enhancing workplace efficiency and user experience.

Building Specifications

• Address: 16 Phan Chu Trinh, Cua Nam Ward, (Hoan Kiem District) Hanoi
• Landlord: Daibiru Corporation
• Scale: 14 floors above ground and 3 basement levels
• Typical Floor Plate: 2.030 sqm/floor
• Grade: Grade A

3. 63 Ly Thai To Building

As one of the Grade A office developments in Hanoi by Daibiru Corporation, 63 Ly Thai To Building reflects the Japanese real estate investment model, with a strong focus on operational stability and long-term asset value preservation. Since its completion in 1998, the building has gone through multiple market cycles while maintaining its position as a preferred address for international organizations.

Rather than emphasizing scale, 63 Ly Thai To stands out for its proven operational performance and stable tenant profile, including organizations such as the World Bank, IMF, and the European Union. Its consistent management standards, combined with a column-free floor design by KPF and an under-floor trunking system, continue to meet the needs of occupiers seeking flexible and efficient workspace in Hanoi’s CBD.

Building Specifications 

• Address: 63 Ly Thai To, Ngoc Ha Ward, (Hoan Kiem District) Hanoi
• Landlord: Daibiru Corporation
• Scale: 9 floors above ground and 1 basement level
• Typical Floor Plate: 700 sqm/floor
• Grade: Grade A

4. Westlake Square Hanoi

Westlake Square Hanoi is a mixed-use development comprising retail and Grade A office for lease in Bac Tu Liem District, developed in line with Japanese standards and located within the Starlake urban area in Hanoi. The project is developed by Toshin Development, a member of the Takashimaya Group, with a focus on creating a workplace environment integrated with lifestyle experiences and a comprehensive service ecosystem, rather than offering conventional office space.

At Westlake Square Hanoi, the Japanese “Omotenashi” philosophy is reflected through a fully integrated amenity system, including Japanese-style wellness facilities and a Takashimaya retail component within the complex. With a targeted LEED Platinum certification, the building is designed to enhance operational efficiency and indoor environmental quality, making it well-suited for FDI companies seeking modern workspace and stronger brand positioning in West Hanoi.

Building Specifications 

• Address: Lot C1CC1, Starlake City, Xuan Dinh Ward, (Bac Tu Liem District), Hanoi
• Landlord: Toshin Development
• Scale: 10 floors above ground
• Grade: Grade A

5. Parc Hanoi

Parc Hanoi is developed through a strategic partnership between Indochina Capital and Kajima Corporation, combining local investment expertise with advanced Japanese engineering capabilities. The project maximizes space efficiency with large floor plates of approximately 1,900 sqm, allowing occupiers to flexibly configure layouts in line with modern workplace strategies.

Beyond functionality, Parc Hanoi is designed in accordance with WELL standards, featuring a high proportion of green space and advanced indoor air quality systems to enhance occupant well-being and workplace experience. This approach reflects the Japanese landlord’s focus on people-centric design and sustainable operations, making it a suitable choice for FDI companies seeking a stable and long-term office solution in the Tay Ho Tay area.

Building Specifications 

• Address: Lot B2-CC4, Tay Ho Tay Urban Area, Xuan Dinh Ward, (Bac Tu Liem District), Hanoi
• Landlord: Indochina Kajima Development
• Scale: 23 floors above ground
• Typical Floor Plate: 1.900 sqm/floor
• Grade: Grade A

6. Sun Red River Building

Located along Phan Chu Trinh Street, a prime corridor for financial and administrative institutions, Sun Red River Building is positioned as a stable Grade A office asset in the core area of Hoan Kiem District. The project is developed by Sun Red River Co., Ltd, reflecting a Japanese-influenced investment approach with a strong focus on disciplined management and long-term asset quality.

The building features a minimalist Japanese design, optimizing functionality, natural lighting, and the use of sustainable materials. Its integrated building systems ensure consistent operational performance and effective long-term cost control, making it well-suited for businesses seeking a professional working environment in Hanoi’s CBD.

Building Specifications 

• Address: 23 Phan Chu Trinh, Hoan Kiem Ward, Hoan Kiem District, Hanoi
• Landlord: Sun Red River Co., Ltd
• Scale: 15 floors above ground
• Typical Floor Plate: 1.200 sqm/floor
• Grade: Grade A

Selecting an office in buildings developed by Japanese investors reflects a long-term strategic approach to operations and corporate positioning. High standards in design, management, and green certifications provide a stable foundation, enabling businesses to optimize operating costs, improve performance, and sustain brand value in a competitive market.

With over 10 years of experience in the office leasing sector, Maison Office has supported numerous Japanese and FDI companies in establishing their presence in Hanoi. From on-site inspections and space evaluation to direct negotiations with landlords, we assist businesses in making informed decisions aligned with their operational needs, budget, and long-term growth strategy.

1. Diamond Plaza

Diamond Plaza is one of the few developments in Ho Chi Minh City with Korean investment participation from the early stage. The project is owned by International Business Center Co., Ltd. (IBC), a joint venture between Vietnam Steel Corporation (40%), Lotte Shopping (50%), and POSCO Engineering & Construction (10%). This partnership establishes a strong financial foundation while setting disciplined operational standards aligned with the expectations of Korean enterprises establishing their headquarters in the CBD of HCMC.

In addition, Lotte’s involvement in operations contributes to a service ecosystem built on Korean standards, from property management to tenant experience. Companies based here benefit from a professional working environment, transparent management processes, and consistent service quality, supporting long-term business operations within the central business district.

Building Specifications: 

• Address: 34 Le Duan Street, Sai Gon Ward, District 1, HCMC
• Landlord: International Business Center (IBC)
• Scale: 21 floors above ground – 2 basement levels
• Typical Floor Area: 2,200 sqm/floor
• Building Grade: Grade A

2. Cobi Tower 1 – 2

Cobi Tower is a Grade A office for lease in District 7 developed by Cobi Group with 100% Korean investment, closely associated with the business ecosystem of the founder of Lock&Lock. The project comprises two towers, Cobi Tower I and II, positioned as a dedicated office hub for the Korean business community, where construction quality and operational standards are delivered with the discipline and consistency characteristic of Korean developments.

A key highlight of Cobi Tower is its master planning tailored specifically for the Korean business community, with upper floors dedicated to Korean associations and affiliated organizations, fostering a strong internal business network. Combined with a mixed-use model integrating office space, retail, dining, and lifestyle amenities inspired by Seoul, the development offers a familiar working environment that enables Korean enterprises to seamlessly adapt and achieve sustainable growth in South Saigon.

Building Specifications: 

• Address: 69 Hoang Van Thai Street, Tan My Ward, District 7, HCMC
• Landlord: Cobi One Company Limited
• Scale: Tower 1: 20 floors; Tower 2: 17 floors – 2 basement levels
• Typical Floor Area: Tower 1: 411 sqm/floor; Tower 2: 1,100 sqm/floor
• Building Grade: Grade A

3. CJ Tower

CJ Tower is a Grade B office for lease in District 1, part of the ecosystem of CJ Corporation, a diversified conglomerate headquartered in Seoul. With strong operations across food, entertainment, logistics, and retail, CJ brings Korean-standard management practices into Vietnam, shaping a stable operational model focused on tenant experience and long-term value, making it well-suited for Korean companies seeking office space in Ho Chi Minh City’s CBD.

Unlike Grade A buildings that primarily emphasize financial and premium positioning, CJ Tower focuses on practical working experience, offering a friendly environment, attentive service, and high convenience. This approach aligns well with Korean enterprises that prioritize operational efficiency, sustainability, and long-term business development in the central business district.

Building Specifications: 

• Address: 06 Le Thanh Ton Street, Sai Gon Ward, District 1, HCMC
• Landlord: CJ Vietnam Company Limited
• Scale: 20 floors above ground – 1 ground floor – 2 basement levels
• Typical Floor Area: 686 sqm/floor
• Building Grade: Grade B

4. Saigon Riverside Office

Saigon Riverside Office Center is developed by Hai Thanh Company Limited with the participation of Lotte, one of South Korea’s leading conglomerates. Lotte’s involvement provides a stable investment foundation and brings a professional management approach, aligning with the standards expected by Korean enterprises when searching for office space in Ho Chi Minh City’s CBD, particularly along the commercially valuable Ton Duc Thang Boulevard.

Benefiting from its prime riverside location along the Saigon River, the building offers an open working environment with abundant natural light and expansive views. These features enhance workplace experience while aligning with spatial and Feng Shui preferences often valued by Korean businesses, supporting stable operations and long-term growth in the central business district.

Building Specifications: 

• Address: 2A–4A Ton Duc Thang Street, Sai Gon Ward, District 1, HCMC
• Landlord: Hai Thanh – Lotte Company Limited
• Scale: 18 floors above ground
• Typical Floor Area: 600 sqm/floor
• Building Grade: Grade B

5. MetroLink An Phu

MetroLink An Phu (formerly Cantavil An Phu) is developed by Daewon, a South Korean real estate group with extensive experience in delivering large-scale projects across Asia. From the early stages, Daewon positioned the development as a modern mixed-use complex, integrating office, commercial, and residential components to create a synchronized working environment aligned with the operational preferences of Korean enterprises.

With direct connectivity to Hanoi Highway and Metro Line 1, MetroLink An Phu serves as a strategic gateway between Thu Duc City and Ho Chi Minh City’s central districts. This location is particularly suitable for companies operating in the High-Tech Park or those with extended supply chain activities. In addition, the integrated multi-functional amenities offer a familiar working ecosystem for Korean tenants, supporting operational stability and long-term business growth.

Building Specifications: 

• Address: 01 Song Hanh Street, Binh Trung Ward, District 2, HCMC
• Landlord: Daewon Corporation
• Scale: 37 floors above ground – 3 basement levels
• Typical Floor Area: 3,700 sqm/floor
• Building Grade: Grade B

6. The Grace Tower

The Grace Tower is a representative office leasing project in District 7, developed and repositioned by Beautiful Saigon Company Limited under the strategic leadership of Mr. Lee Young Hoon. With over 71% of its capital contributed by Korean investors, the building is managed according to international property standards, emphasizing disciplined operations and long-term stability, meeting the expectations of the Korean business community in HCMC.

Located on Hoang Van Thai Street, The Grace Tower sits within a cluster of office buildings with a strong presence of Korean enterprises, creating a familiar and well-connected business environment. Combined with flexible floor plates and well-invested infrastructure, the building effectively supports daily operations while aligning with long-term expansion strategies in the South Saigon area.

Building Specifications:

• Address: 71 Hoang Van Thai Street, Tan My Ward, District 7, HCMC
• Landlord: Beautiful Saigon Joint Stock Company
• Scale: 16 floors above ground – 2 basement levels
• Typical Floor Area: 585 sqm/floor
• Building Grade: Grade B

Choosing office space in buildings developed by Korean investors not only allows businesses to benefit from modern technical infrastructure but also serves as a strategic move to reinforce credibility and professionalism from the very first touchpoint with partners. From iconic Grade A developments such as Diamond Plaza to dynamic complexes in District 7 like Cobi Tower and The Grace Tower, each project reflects a strong commitment to quality and service excellence rooted in Korean standards.

If your company is seeking office space aligned with the Korean business community in HCMC, Maison Office offers end-to-end support from site sourcing to lease negotiation. With continuously updated market data and hands-on consulting experience, our team helps you secure the most suitable office solution in terms of location, cost efficiency, and long-term business strategy.

1. Saigon Tower

Saigon Tower is a Grade A office for lease in District 1, developed and operated by Daibiru Corporation, a Japanese real estate group under Mitsui O.S.K Lines. With extensive experience in developing high-quality office buildings in Tokyo and international markets, Daibiru delivers a well-managed, stable, and professional working environment that meets stringent Japanese standards. This makes the building a preferred choice for Japanese companies expanding their operations in Ho Chi Minh City.

Located on Le Duan Boulevard, an area home to numerous consulates and international organizations, Saigon Tower offers strong advantages in terms of corporate image and business connectivity. In addition, its LEED Platinum certification and commitment to renewable energy align well with ESG-oriented strategies increasingly prioritized by Japanese enterprises. The building is particularly suitable for large corporations seeking a strategic office location for long-term and sustainable development.

BUILDING INFORMATION:

• Address: 29 Le Duan, Sai Gon Ward (District 1), HCMC
• Landlord: Daibiru Corporation
• Scale: 18 floors above ground, 2 basement levels
• Typical floor area: 946 sqm per floor
• Building grade: Grade A

2. Riverbank Place

Riverbank Place is an international-standard mixed-use development by Mitsubishi Estate, the Japanese real estate Landlord behind Tokyo’s renowned Marunouchi financial district. Located on Ton Duc Thang Boulevard with direct views of the Saigon River, the project integrates Grade B+ office space with a five-star hotel within the same complex, providing a convenient environment for businesses to host international partners and experts.

Riverbank Place is widely preferred by Japanese companies when selecting office locations. Its key advantages include efficient floor plates with minimal columns, abundant natural lighting, and quick connectivity to Ba Son Metro Station within just a few minutes. Supported by professional property management and modern technical systems such as Daikin central air conditioning, the building is well suited for Japanese enterprises seeking a stable, professional working environment aligned with international operational standards.

BUILDING INFORMATION: 

• Address: 3C Ton Duc Thang, Sai Gon Ward (District 1), HCMC
• Landlord: Mitsubishi Estate
• Scale: 22 floors above ground, 3 basement levels
• Typical floor area: 1,670 sqm per floor
• Building grade: Grade B+

3. Zen Plaza

Located on Nguyen Trai Street, one of the most vibrant commercial corridors in District 1, Zen Plaza offers strong advantages in terms of customer accessibility and daily business connectivity. The integration of a shopping mall within the same building allows tenants to benefit from on-site amenities, including dining, retail, and banking services, creating a convenient and dynamic working environment.

Zen Plaza is an office and retail complex developed by Nomura Real Estate, a leading Japanese real estate group. Beyond its prime location, the involvement of a Japanese Landlord ensures transparent management standards, consistent service quality, and a stable working environment. The building is particularly well suited for Japanese companies, especially small to medium-sized enterprises seeking flexibility and operational efficiency in Ho Chi Minh City’s central business district.

BUILDING INFORMATION: 

• Address: 54–56 Nguyen Trai, Ben Thanh Ward (District 1), HCMC
• Landlord: Nomura Real Estate
• Scale: 14 floors above ground, 2 basement levels
• Typical floor area: 941 sqm per floor
• Building grade: Grade B

4. G8 Golden 123 NDC

G8 Golden 123 NDC is owned and managed by Okamura Sanyo, a Japanese real estate company based in Chiba with extensive experience in asset optimization and property management. The presence of a Japanese Landlord ensures consistent construction quality and a well-structured service process, providing small and medium-sized enterprises with a professional and reliable workspace in District 3.

The building is designed to optimize functionality, featuring efficient floor plates that are easy to customize, along with integrated technical systems and energy-saving solutions. Stable infrastructure, including backup power supply and 24/7 security monitoring, supports uninterrupted business operations. This makes G8 Golden 123 NDC suitable option for Japanese companies seeking office for lease in District 3, particularly those prioritizing stability, discipline, and long-term operational efficiency.

BUILDING INFORMATION: 

• Address: 123 Nguyen Dinh Chieu, Xuan Hoa Ward (District 3), HCMC
• Landlord: Okamura Sanyo (Japan)
• Scale: 12 floors above ground, 1 basement level
• Typical floor area: 386 sqm per floor
• Building grade: Grade B

Selecting office space in buildings developed by Japanese investors goes beyond location considerations, involving operational standards, service quality, and alignment with long-term business strategies. Maison Office is a specialized office leasing consultancy with experience working across various buildings such as Saigon Tower, Riverbank Place, and Zen Plaza, supporting businesses in accurately evaluating options based on their specific requirements.

In addition to providing regularly updated market data and rental rates, Maison Office assists clients in comparing alternatives, liaising directly with landlords, and advising on lease terms tailored to operational needs. The entire process, from requirement analysis to site inspections, is handled professionally and transparently, enabling businesses to shorten their search timeline and make more effective leasing decisions.

1. Minimum Lease Term for Office Space in Vietnam

1.1 Legal Framework

Under current Vietnamese law, there is no specific regulation on the minimum lease term for commercial office space. In practice, the minimum lease duration is typically determined by the agreement between the tenant (business) and the landlord (building owner or management unit).

1.2 Common Practices in the Market

The lease term for office space in Vietnam usually depends on the type of office and the needs of the business.

– For traditional offices: The minimum lease term Vietnam is usually one year. This basic duration ensures that businesses have enough time to stabilize operations and recover initial investments. Many companies choose long-term leases of 2 to 3 years, especially for Grade A offices, to reduce setup costs and maintain long-term stability.

– For serviced offices or co-working spaces: They offer more flexible lease terms, ranging from 1 month to several months. This flexibility suits small businesses, startups, or those with temporary needs, allowing easy access to workspace without being tied to long-term contracts.

See more:

– What is an Open Office?

– What is a Virtual Office? 

– What is an Agile Workplace? 

In addition, the minimum lease term Vietnam also depends on various factors such as location and the policies of the building owner.

– Location: In major cities like Hanoi and Ho Chi Minh City, high-end buildings often apply a minimum lease term of 1 year to ensure stability.

– The policies of the building owner: Some landlords may offer more flexibility, especially in a highly competitive office rental market.

1.3 Key Notes and Recommendations for Businesses

According to Vietnamese law, lease contracts for properties, including offices, with a duration of 6 months or more must be notarized or authenticated (According to Article 492 of the 2015 Civil Code). They also need to be registered with the competent authorities to ensure legal validity and protect the rights of the parties involved.

Therefore, when signing an office lease contract, businesses should carefully choose a lease term that aligns with their development strategy, balancing cost, flexibility, and operational stability.

2. Maximum Lease Duration for Commercial Office in Vietnam

2.1 Legal Framework

Current law does not specify a maximum lease duration office Vietnam. Instead, the lease term is established through a civil contract between the landlord and the tenant, in accordance with the 2015 Civil Code, which governs property lease agreements.

However, if the lease is associated with land use rights (particularly for investment projects), it must comply with Article 126 of the 2013 Land Law.

2.2 Common Practices in the Market

In practice, the lease term for office space in Vietnam typically ranges from 3 to 5 years, especially for Grade A buildings or large-scale projects. Some businesses with long-term stability needs and significant investment in office fit-out may sign lease contracts exceeding 10 years. The purpose is to ensure stability and take advantage of favorable long-term rental rates.

Benefits of long-term leasing: 

 – For landlords: Long-term contracts provide stable cash flow and reduce the risk of vacancy.

– For tenants: They help stabilize costs, minimize relocation risks, and enable negotiation of favorable rental rates.

On the other hand, long-term leases carry the risk of reduced flexibility if the business needs to expand, downsize, or relocate.

2.3 Key Notes and Recommendations for Businesses

According to Article 126 of the 2013 Land Law, the maximum term for leasing land for commercial or office-use purposes is 50 years from the date the land use right is granted. This applies primarily to the land use rights of the building owner or landlord.

Therefore, even if the office lease term Vietnam is long-term, it cannot legally exceed the remaining land use duration of the property.

Before signing a long-term lease, tenants should review the legal documents of the property, including the land use right certificate. They should also consult legal professionals if the lease term exceeds 10 years or involves complex ownership issues.

3. Short-term vs Long-term Office Lease: Which to Choose?

Choosing between short-term and long-term office leases depends on a company’s business goals, financial capacity, and operational needs. Here is a detailed analysis to help businesses make an informed decision:

3.1 Short-term office lease

Advantages:

– Flexibility: Short-term leases usually range from one month to under a year, allowing businesses to adapt quickly to changing market needs.

– Quick setup and relocation: Businesses can move to a larger or smaller space as their needs change.

– Lower initial costs: Short-term leases typically do not require major renovations or long-term commitments.

– Lower risks: Minimizes the risk of being tied to an unsuitable space if business needs to shift.

– Reduced legal complexity: Shorter leases typically involve simpler contracts with fewer legal and regulatory requirements.

Disadvantages: 

– Higher cost per square meter: Short-term leases typically come with higher rental rates compared to long-term agreements.

– Lack of stability: Businesses may need to relocate frequently if lease renewals are not secured.

– Limited customization: Landlords may restrict significant renovations or modifications to the leased space.

Best suited for: 

– Startups and small businesses seeking to minimize risk and maintain flexibility.

– Companies with temporary projects or short-term expansion needs.

– Foreign companies are currently exploring the Vietnamese market.

3.2 Long-term office lease

Advantages: 

– Cost efficiency: Rental rates are generally lower and tenants may negotiate incentives such as rent-free periods for the first few months.

– Stability: Ensures long-term workspace stability, aligning with the company’s sustainable development plans.

– Space customization: Businesses can invest in interior design or renovations to meet their specific needs.

– Predictable expenses: Long leases help companies better forecast operational costs, which supports budgeting and financial planning.

Disadvantages:

– Reduced flexibility: Committing to several years may limit a company’s ability to downsize, relocate, or adjust office space quickly in response to market changes.

– Large financial commitment: Requires a stable cash flow to cover rent payments over an extended period.

– Market fluctuation risk: If the real estate market declines, the business may be locked into a lease with above-market rental rates.

– Early termination penalties: Ending the lease before its expiration may result in financial penalties or forfeiture of the security deposit.

Best suited for: 

– Large corporations and multinational companies with strong financial capacity.

– Businesses with long-term development strategies in Vietnam.

– Companies investing in custom office design, focusing on brand identity and employee experience.

The decision between short-term and long-term office leases should align with the company’s priorities for flexibility, cost management, and growth plans. Each option offers distinct benefits and challenges, so businesses must weigh their current needs against future goals to select the most suitable lease term.

In summary, understanding the office lease term Vietnam is crucial for businesses to balance stability, flexibility, and legal compliance. Lease durations vary based on business needs, office types, and market conditions, with no fixed minimum but practical standards in place. Careful consideration of lease duration will help companies secure suitable office spaces that support their growth and operational goals in the Vietnamese market.

1. Why Understanding Legal Documents and Procedures is Crucial in Office Leasing

Leasing an office is not merely about choosing a suitable workspace – it is a legal process that requires accuracy, transparency, and strict compliance with regulations. Therefore, understanding the required legal documents and the proper leasing procedures helps businesses avoid unnecessary risks such as:

1.1 Avoid Legal Risks and Contractual Disputes

One of the most common mistakes is signing a lease agreement with a building that lacks essential legal documentation (such as construction permits, fire safety approvals, or property ownership certificates). This can lead to:

• The lease being deemed invalid due to the landlord’s lack of legal capacity
• Difficulties in registering the business at the leased address
• Risk of forced relocation or early contract termination without compensation

1.2 Ensure the Tenant’s Rights and Obligations are Legally Protected

An office lease agreement is a legally binding document that outlines the rights and obligations of both parties. Without carefully reviewing the terms or understanding the legal language, tenants may face:

• Unclear or unfair rent escalation clauses
• Unfavorable termination conditions
• Ambiguous liability for damages or risks

1.3 Legalize the Office Address for Business Registration

For newly established businesses or those changing their headquarters, the leased office address is used for business registration, tax filing, and opening a corporate bank account. If the lease is not legally valid or the office is not zoned for commercial use, it may result in:

• Rejection of the business license application
• Inability to claim input VAT, affecting legal compliance and financial reporting

1.4 Save Time and Costs in Administrative Procedures

When the lease documentation is complete and the process is clearly defined from the outset, businesses can save time in notarizing the lease, registering the business address, and avoid unnecessary administrative costs during the lease term.

2. Legal Documents Required Before Signing an Office Lease Agreement

2.1 From the Lessor (Building Owner or Developer)

Before executing the lease agreement, the lessor (building owner, developer, or authorized leasing agent) must provide complete and transparent documentation to verify the ownership and legal status of the office premises offered for lease.

The required documents include:

• Certificate of land use rights and ownership of attached assets (also known as the pink book or red book): proves the legal right to lease out the office premises.
• Construction permit: confirms that the building was legally constructed and designated for office use.
• Fire safety compliance certificate: mandatory for office buildings with five floors or more, or with large total floor areas.
• Business registration certificate (if the lessor is a company): verify that the registered business scope includes “real estate leasing” or “office leasing” services.
• Power of attorney (if signed on behalf of the owner): legal documentation is required to prove the signatory’s authorized representative status.
• Brokerage authorization documents (for leasing consultants): Maison Office or any broker must provide a cooperation agreement or official introduction letter from the building owner to ensure legal validity.

Note: Tenants should request to verify the original copies and/or notarized versions of the above documents, especially when leasing from a building they have not previously worked with.

2.2 From the Tenant (Leasing Business Entity)

To ensure the lease signing process and office usage comply with legal regulations, the tenant must also prepare the following documents:

Documents required from the tenant (business entity):

• Business Registration Certificate (BRC): serves as legal proof of the company’s status and authority to enter into contracts.
• ID card/Citizen ID/Passport of the legal representative: required for verification at the time of signing.
• Power of Attorney (if the signatory is not the legal representative): must be accompanied by the ID of the authorized person.
• Office Lease Request Letter (for large corporations with internal approval procedures): applicable to enterprises with strict legal and accounting control policies.
• Company seal sample (if the lease agreement requires official stamping): used to finalize the lease contract and related payment procedures.

Note: If the business is in the process of incorporation, it is possible to lease an office space in advance and use the lease agreement to register the company’s headquarters address. However, it is crucial to ensure that the building is legally designated for office leasing to avoid rejection from the Department of Planning and Investment (DPI).

3. Legal Process for a Compliant Office Lease

To ensure that the office lease is lawful, secure, and facilitates smooth business operations, tenants must strictly follow the legal procedures. Below are four essential steps that every office tenant should fully understand:

Step 1: Verify the Building’s Legal Status

Before entering into rental negotiations, it is essential to verify the legal status of the office premises. This foundational step ensures that the lease agreement will be valid and not expose the business to unnecessary legal risks.

Key aspects to check: 

• Does the building have a valid ownership certificate?
• Is there a construction permit authorizing the building’s use for commercial and office purposes?
• Has the building passed fire safety inspection and obtained official certification?
• Is the property legally approved for use as a registered business address?

Real case experience:Maison Office once advised a client to decline a lease agreement because the building lacked commercial use authorization – resulting in the client’s inability to register a business license at that address.

Step 2: Negotiate Terms and Draft the Lease Agreement

After verifying the building’s legal status, both parties proceed to negotiate key lease terms, including:

• Rental rate, lease term, and renewal conditions
• Hand-over area and current condition of the premises
• Service charges, VAT, and overtime fees (if applicable)
• Handover requirements upon lease expiration
• Rent-free fit-out period for office interior construction (if applicable)

The lease agreement should be documented in writing. For foreign tenants, a bilingual contract is highly recommended. The agreement should also include annexes with detailed floor plans for clarity and transparency.

Step 3: Notarize the Lease Agreement (If Applicable)

According to Article 492 of the 2015 Civil Code, lease agreements with a term of less than six months are not required to be notarized. However, many businesses still choose to notarize their contracts to strengthen legal validity – particularly in the following cases:

• Lease term of one year or more
• Using the lease agreement to register a business
• High contract value or potential legal disputes

Step 4: Site Handover and Acceptance Report

After the lease agreement is signed, the landlord will hand over the premises. The tenant should:

• Inspect the actual condition of the space: flooring, ceiling, electrical systems, air conditioning, fire safety systems, etc.
• Prepare a detailed handover report: documenting all components, their condition, and any attached fixtures or equipment (if applicable)
• Note the official handover date, which marks the beginning of the rental billing period

A properly documented acceptance report helps minimize future disputes when returning the premises at the end of the lease term.

4. Key Legal Clauses in an Office Lease Agreement

An office lease agreement serves as the legal basis that defines the responsibilities and rights of both the tenant and the landlord. Understanding critical legal terms and procedures not only minimizes risk but also strengthens the tenant’s position during negotiations. Below are the most essential clauses to pay close attention to:

4.1 Rent Escalation Clause

Lease agreements often specify a fixed rental rate for an initial period, followed by scheduled adjustments based on:

• Consumer Price Index (CPI)
• USD/VND exchange rate fluctuations
• A fixed annual percentage (commonly 5 – 10% per year)

Note: Tenants should request that the agreement clearly defines the timing of rent increases, the maximum adjustment rate, and renegotiation rights in case of major market fluctuations.

4.2 Penalties for Breach or Early Termination

If either party terminates the lease before the agreed expiration date, the contract typically outlines:

• A specific penalty (commonly equivalent to 1 – 3 months’ rent)
• Deductions for incurred costs: fit-out, reinstatement, brokerage commissions (if applicable)
• Advance notice period: usually 30 – 60 days

Maison Office’s advisory contracts include carefully negotiated clauses to ensure tenants are not unfairly bound in case of strategic changes or expansion needs.

4.3 Repair and Reinstatement Obligations

This clause is often overlooked but can lead to major disputes at the end of the lease term. It should clearly define:

• Which party is responsible for interior fit-out and repairs to electrical, plumbing, ceiling, and flooring systems
• Whether the tenant is obligated to reinstate the space to its original condition
• What level of wear and tear is considered acceptable

Tip: It is recommended to attach a premises handover annex with photos documenting the original condition as a reference for reinstatement. 

4.4 Conditions for Shared or Subleased Space Usage

For businesses planning to share office space (e.g., startups, support teams), it is crucial to clarify:

• Is subleasing a portion of the space permitted?
• Can seats be shared with partner companies?
• Are common areas accessible: reception, pantry, meeting rooms, restrooms?

Many landlords strictly prohibit shared usage without prior written approval – this must be explicitly stated in the lease agreement or in an attached memorandum.

5. Business Registration Procedures at a New Office Address

5.1 Conditions for Using the Office Address as Company Headquarters

Before registering a business at a leased office address, the following conditions must be met:

• The building must be legally designated for commercial/office use — not a residential apartment or condominium.
• The lease agreement must be valid, signed, and stamped by the building owner or authorized lessor.
• The address must not be associated with a suspended tax ID or registered by another business illegally.

Recommendation: Lease office space in buildings verified and advised by Maison Office — where legal documents have been thoroughly reviewed and business registration support is readily available. 

5.2 Documents Required for Business Registration

• Business registration application (as per the standard form of the Department of Planning and Investment)
• Company charter
• List of members/shareholders
• Copies of IDs/Passports of members
• Office lease agreement (including annexes and handover minutes, if applicable)
• Legal documents of the building (if requested by the authority)

5.3 Submission Channels and Processing Time

• Submission location: Business Registration Office – Department of Planning and Investment of the province/city where the office is located
• Submission method: Online via the National Business Registration Portal or by direct submission
• Processing time: 3 – 5 working days

5.4 Post-Registration Reminders

• Update the new address with the Tax Department, bank, and Social Insurance Agency
• Install a company signboard at the office to avoid administrative penalties during inspections
• Submit bank account registration documents and activate electronic tax filing immediately after obtaining the new Business Registration Certificate

6. Legal Costs and Common Risks to Watch for When Leasing an Office

When leasing office space, businesses should be aware that, beyond rental fees, there may be unexpected legal costs and contractual risks – especially if the leasing process and terms are not clearly understood. Below are key factors to consider:

6.1 Potential Legal Costs to Anticipate

Notarization fees

While not mandatory for lease agreements under six months, many businesses still opt for notarization to strengthen legal validity.

• Notarization fees typically range from 0.1% to 0.5% of the contract value, with a maximum cost of several million VND (approx. USD $50–200).

Legal service or contract review fees (if hiring a lawyer)

For high-value leases or tenants that are foreign direct investment (FDI) entities, it is advisable to engage a lawyer to review and negotiate the lease terms.

• Legal fees range from VND 5–15 million per case (~USD $200–600), depending on complexity.

Costs for registering a new business address

Includes government fees for business registration, company stamp engraving, and signboard installation.

• Total cost typically falls between VND 1–3 million (~USD $40–120), excluding service fees if using a third-party agency.

6.2 Common Legal Risks in Office Leasing

Leasing a building with insufficient legal documentation

Lack of construction permits, fire safety certificates, or incorrect building function (not designated for office use) may result in:

• Inability to register the business at the address
• Rejection of the business license application by the Department of Planning and Investment

Lease agreement lacking clear provisions

• No specific clauses regarding additional fees, renewal terms, or early termination conditions → increases risk of disputes

No proper handover report

• Absence of photos or detailed descriptions of the premises at handover → tenant may be unfairly held responsible for damages upon returning the space

No force majeure clause (e.g., pandemic, lockdowns) 

• May lead to financial loss without any rent reduction or waiver despite unforeseen disruptions

7. Frequently Asked Questions About Legal Procedures in Office Leasing

7.1 Is notarization required for office lease agreements?

Notarization may be required if the lease term is six months or longer and either party requests it. In many cases, notarization enhances legal validity and helps prevent disputes.

7.2 Is a lease contract required for virtual offices?

Yes. Whether leasing a virtual or physical office, a valid lease agreement is still required to establish a company’s legal business address for registration purposes.

7.3 Can a leased office be used as a company’s registered address?

Yes, provided the building is legally designated for office use under zoning regulations. It is important to verify the construction permit and land use function before signing the lease.

1. Why Should You Evaluate an Office Building Before Leasing?

Leasing an office space is not just a financial decision—it is a strategic move that shapes your company’s long-term operating costs, workforce productivity, brand positioning, and the ability to attract top talent.

However, based on actual leasing transactions handled by Maison Office, over 60% of first-time tenants tend to skip or inadequately evaluate key building criteria—leading to poor choices, unexpected costs, and operational challenges down the line.

Possible Consequences of Inadequate Building Evaluation: 

• Choosing the wrong location may lead to poor client accessibility and inconvenient commutes for staff → negatively impacts recruitment and workplace productivity.
• Substandard infrastructure: low ceilings, weak air-conditioning, and elevator congestion during peak hours → reduces overall office experience.
• Inflexible lease terms, lack of fit-out support, or high overtime charges → lead to hidden operational costs.
• Overlooking the building’s management unit may result in inconsistent service quality, affecting internal operations and client interactions.

Thorough Evaluation Helps Businesses: 

• Optimize rental and operational costs
• Ensure long-term business stability
• Secure a high-quality, sustainable workspace
• Take full advantage of landlord incentives and building management support

Instead of making decisions based on intuition or quoted rent alone, businesses should rely on a clear, evidence-based set of evaluation criteria – covering location, infrastructure standards, property services, and modern technology factors.

2. Key Criteria for Professional Office Building Evaluation

To select a suitable office building, businesses must assess the property comprehensively across multiple dimensions—from location and technical infrastructure to property management quality and leasing conditions.

Below is a framework of 30+ essential evaluation criteria, compiled and categorized by Maison Office into five main groups, helping businesses make informed and accurate leasing decisions.

2.1 Location & Accessibility Criteria

Location is a strategic factor that directly influences a company’s brand positioning, customer accessibility, recruitment efficiency, and overall operational performance.
An office building with a prime and convenient location helps optimize time-related costs and creates favorable conditions for the entire business ecosystem.

2.2 Technical Infrastructure & Building Systems Criteria

Technical infrastructure is the core foundation that determines the comfort, safety, and long-term operational stability of a business. It is essential to thoroughly assess the building’s design, facilities, and critical engineering systems to ensure they meet professional standards and future scalability.

2.3 Floor Layout & Leasing Conditions Criteria

Beyond infrastructure, businesses should carefully evaluate the technical details of the leased space to avoid unexpected interior fit-out costs and minimize unnecessary expenses.

2.4 Building Operations & Property Management Criteria

Property management directly impacts the tenant experience, including issue resolution, maintenance quality, and overall reliability throughout the lease term.

2.5 Modern Office Trend Criteria

Beyond infrastructure, operations, and leasing policies, there are emerging criteria increasingly prioritized by startups, young enterprises, and international corporations:

Maison Office Insight: With over 500+ businesses advised in Hanoi and Ho Chi Minh City, we’ve observed that companies who thoroughly evaluate at least the first three groups of criteria tend to have a contract renewal and satisfaction rate exceeding 85%, significantly higher than the market average.

3. Common Mistakes When Evaluating Office Buildings

Evaluating an office building before leasing is a critical step. However, in practice, many businesses – especially first-time office seekers – often fall into common pitfalls.
Below are typical mistakes to avoid in order to ensure the right workspace selection, minimize operational risks, and prevent unnecessary costs.

3.1 Focusing Solely on Rental Price Instead of Total Operational Costs

Many businesses only compare the listed rental rate (VND/m²) while overlooking hidden costs such as:

• Service charges, overtime (OT) fees
• Separate A/C electricity costs, additional service fees
• Unexpected fit-out costs due to inefficient floor layout

–> As a result, actual expenses may far exceed the original budget, disrupting cash flow and operational planning.

3.2 Overlooking Critical Technical & Infrastructure Factors

Key elements like air-conditioning systems, ceiling height, elevator count, and floor load capacity are often evaluated superficially, leading to:

• Insufficient cooling or inability to adjust temperature as needed
• Extra costs for upgrading power, lighting, or IT infrastructure
• Difficulties in interior planning or future expansion

3.3 Ignoring Property Management & Operational Quality

Building management services significantly affect the day-to-day experience of employees and visiting clients.

A common mistake is failing to assess actual management performance, which can result in:

• Delayed responses to technical issues
• Subpar cleaning and maintenance standards
• Unprofessional communication from the property management team

3.4 Evaluating Location Without Aligning with Business-Specific Needs

Many companies choose office buildings simply based on their central location, without analyzing key factors such as:

• Proximity to where core team members live
• Convenience for client visits
• Traffic conditions during peak hours
• Compatibility with the company’s brand positioning and industry image

–> This may lead to recruitment challenges, commuting issues, and reduced team productivity.

3.5 Not Leveraging Professional Advisory Support

A common mistake is reaching out to individual buildings directly without involving an independent consultant, resulting in:

• Lack of comparative data between buildings
• Inaccurate understanding of actual market rental rates
• Difficulty negotiating incentives or fit-out support from the landlord

Maison Office Insight: To avoid these pitfalls, businesses should evaluate office spaces using a standardized set of criteria, conduct on-site inspections, and seek support from professional leasing consultants. With over 500+ corporate clients in Hanoi & Ho Chi Minh City, we recommend assessing at least these five core factors: location – layout – infrastructure – leasing terms – property management.

4. Professional Office Building Evaluation Tips from Maison Office

With over 10 years of experience in office leasing and advisory services across Hanoi and Ho Chi Minh City, Maison Office understands that selecting an office building is not merely a decision about space – it’s a long-term strategic investment for every business.

In reality, many businesses – both large and mid-sized—face challenges in comprehensively evaluating office leasing standards, especially when lacking access to technical details, leasing conditions, or a reliable basis for comparing different buildings. This is exactly why Maison Office exists – as a transparent, independent, and dedicated consulting partner throughout the office search process.

We go beyond simply providing a list of available spaces. Our team supports clients with:

• In-depth analysis and comparison of buildings based on each company’s specific operational needs
• Workplace layout consultation tailored to your budget and business development goals
• Lease term negotiation to secure the most favorable conditions with landlords
• Contract review to ensure your legal and operational rights are fully protected
• On-site inspections with a professional evaluation checklist to guide your decision-making process

Maison Office is currently the trusted office leasing advisor for over 500+ domestic and international companies – ranging from tech startups and financial service firms to multinational corporations.

We are committed to putting the client’s needs and interests first, with no bias toward any landlord or building.

Contact Maison Office today for free consultation, site tours, and a detailed side-by-side building comparison:

• Hotline: 098.890.2468
• Website: https://maisonoffice.vn
• Email: info@maisonoffice.vn

5. Frequently Asked Questions

5.1 Which criteria should businesses prioritize when evaluating an office building?

You don’t always need to assess all 30+ criteria. Businesses should focus on the five core factors: location – floor layout – technical systems – property management – leasing conditions. These directly impact operating costs, efficiency, and employee experience.

5.2 Is it advisable to lease office space in a high-tech park or new urban area?

It depends on your industry and business model. For tech companies, software firms, or R&D centers, high-tech parks offer a specialized environment, reasonable rental costs, and collaboration opportunities. However, if your business frequently hosts clients or holds meetings, central business districts are better for accessibility and brand positioning.

5.3 When is the best time to start surveying and negotiating a new office lease?

Ideally, start 2–3 months before your intended move-in date. This gives you sufficient time to compare multiple buildings, negotiate favorable terms, and plan fit-out works without pressure or delays.