VinaPlast Building

VinaPlast Building is a practical option for businesses seeking an office for lease in Hoan Kiem or a professionally located office for lease in Hanoi.

Situated at 39A Ngo Quyen Street, Hoan Kiem Ward, Hoan Kiem District, Hanoi, the building stands within the city’s established financial and commercial core. Its surroundings include banks, government organizations, shopping centres, hotels and major office properties.

VinaPlast Building combines a central address with flexible leasing areas, professional management and essential technical infrastructure.

An office for rent at VinaPlast Building may therefore suit businesses that want to establish a credible corporate presence in central Hanoi while maintaining control over their occupancy costs.

Companies considering office space for lease at VinaPlast Building should evaluate more than the advertised rental rate. Usable area, service charges, parking, handover conditions and long-term lease obligations can all affect the suitability and actual cost of the premises.

This guide provides a practical overview of the building’s location, scale, architecture, facilities, tenant environment, indicative rent and current leasing considerations.

Overview of VinaPlast Building

VinaPlast Building is a Grade B office building in central Hoan Kiem District. The area has considerable commercial value and is frequently selected by companies seeking a long-term headquarters, representative office or transaction office.

Unlike small office premises located on secondary streets, VinaPlast Building offers a more recognizable address in Hanoi’s central business area. This location can support both internal operations and external business activities.

Key building information

• Building name: VinaPlast Building
• Address: 39A Ngo Quyen Street, Hoan Kiem Ward, Hoan Kiem District, Hanoi
• Office grade: Grade B
• Scale: Nine above-ground floors and one basement
• Site area: Approximately 500 m²
• Construction footprint: Approximately 450 m²
• Typical floor plate: Approximately 400 m²
• Flexible leasing areas: From approximately 75 m²
• Investor: Tai Tam Company Limited
• Property manager: Colliers International Vietnam
• Building use: Professional office leasing

The principal advantage of VinaPlast Building is its balance among three important requirements:

• A central Hoan Kiem location
• More manageable costs than many premium buildings nearby
• Flexible office areas that are easier to lease and configure

Not every company requires an expensive Grade A tower. Many organizations need a recognizable address, stable workplace infrastructure, convenient client access and an efficient floor plan.

From this perspective, VinaPlast Building represents a practical choice within the market for office space in Hoan Kiem District.

Suitable tenant profiles

VinaPlast Building may suit:

• Small and medium-sized businesses
• Representative offices
• Trading and service companies
• Medium-sized financial businesses
• Foreign companies requiring a central transaction office
• Consulting and technology firms
• Companies seeking a Hoan Kiem address to strengthen corporate credibility

For companies comparing office space for rent in Hanoi Vietnam, the building is particularly relevant when operational efficiency and location are more important than luxury finishes.

Location and Transport Connections of VinaPlast Building

Location is one of the building’s strongest advantages. VinaPlast Building stands at 39A Ngo Quyen Street, within Hanoi’s central financial and commercial district.

The property is close to Trang Tien, Hoan Kiem Lake and Hanoi Opera House—three of the most recognizable areas in the capital.

Connections to important destinations

From the building, occupants can conveniently reach:

• Trang Tien Street
• Ly Thai To Street
• Hai Ba Trung Street
• Ba Trieu Street
• Tran Hung Dao Street
• Hanoi Old Quarter
• Hanoi Opera House
• Hoan Kiem Lake
• Central administrative and financial areas

These connections are valuable for businesses whose teams regularly attend meetings, conduct banking transactions, visit government organizations or receive clients.

Banking and financial services

Banks in the surrounding area include:

• SHB
• Techcombank
• Vietcombank
• VPBank
• Other commercial banks and transaction offices

Proximity to multiple banks can reduce the time required for financial transactions and documentation.

Retail and hospitality

Nearby commercial and hospitality destinations include:

• Trang Tien Plaza
• Parkson Ba Trieu
• Hotels
• Restaurants
• Cafés
• Premium retail and service premises

These amenities can improve employee convenience and provide appropriate venues for client meetings or business lunches.

Nearby office buildings

The surrounding business environment includes:

• Minexport Building
• International Centre
• Phu Dien Building
• Hanoi Tourist Building
• Other professional office properties

The concentration of established businesses and office buildings supports a credible corporate environment.

Practical benefits for tenants

A company leasing an office at VinaPlast Building may benefit from:

• A recognizable and easy-to-find address
• Convenient client access
• Proximity to banks and government organizations
• Shorter travel times between central appointments
• Improved recruitment appeal
• Stronger corporate presentation
• Opportunities to develop professional relationships

Businesses considering office rental in Hoan Kiem Ward should also examine employee commuting patterns. A central address can be highly beneficial, but the workplace must remain practical for the team that travels there each day.

During an inspection, tenants should assess traffic at peak times, passenger drop-off, public transportation and the availability of car and motorcycle parking.

Building Scale and Office Space for Lease at VinaPlast Building

Building Scale and Office Space for Lease at VinaPlast Building offer professional workspace options suitable for businesses of different sizes, with flexible office areas designed to support efficient operations in Hoan Kiem, Hanoi

VinaPlast Building comprises nine above-ground floors and one basement. The property occupies a site of approximately 500 m², with a construction footprint of around 450 m² and a typical office floor of approximately 400 m².

Its scale is large enough to support a professional office environment while remaining manageable for companies that prefer a building without the complexity of a major corporate tower.

Flexible leasing areas

Office areas may be divided from approximately 75 m², subject to the current floor configuration and vacancy.

Potential options may include:

• Compact areas for representative offices
• Medium-sized offices for companies with approximately 10–30 employees
• Larger areas for companies requiring several departments
• Full-floor premises for organizations seeking greater privacy and operational control

A floor of approximately 400 m² may support:

• Reception and visitor waiting area
• Open-plan workspace
• Meeting rooms
• Private offices
• Collaboration areas
• Pantry
• Storage
• Technical or server room

Actual capacity depends on workstation density, circulation, the number of enclosed rooms and the company’s operational model.

Suitable business sizes

The building may be appropriate for:

• Small businesses entering a growth stage
• Medium-sized organizations seeking a central address
• Companies with approximately 10–40 employees
• Professional service firms
• Representative offices
• Businesses requiring a full-floor corporate environment

The most important consideration is not merely the advertised number of square metres. An office must also have an efficient shape, appropriate structural layout and sufficient usable area.

Confirm the usable area

Before selecting office space for lease at VinaPlast Building, tenants should request written confirmation of:

• Gross leased area
• Net usable area
• Common-area allocation
• Measurement method
• Columns and technical shafts
• Shared corridors and facilities
• The area used to calculate rent
• The area used to calculate service charges

A test-fit plan is highly recommended. It can show whether a proposed office can accommodate the required headcount, meeting rooms and support areas before formal lease negotiations begin.

Expansion planning

Growing companies should also ask whether adjacent units or other areas in the building may become available during the proposed lease term.

Expansion rights cannot always be guaranteed, but understanding the building’s likely availability can help a tenant avoid relocating prematurely as its team grows.

Architecture and Office Standards at VinaPlast Building

VinaPlast Building was developed with an emphasis on functional planning, efficient space use and a professional workplace environment.

Principal design characteristics

• Minimalist architectural style
• Open and practical interiors
• Flexible office configuration
• Efficient use of floor area
• Layouts suitable for different business models
• Professional office appearance

This design approach can support both traditional service companies and younger organizations seeking a modern working environment.

Benefits of an open workplace

An open and efficiently planned floor can:

• Make the premises feel more spacious
• Improve the visitor experience
• Increase workplace flexibility
• Support different departmental configurations
• Reduce inefficient circulation
• Allow tenants to apply their own corporate identity

Companies can potentially configure the premises as:

• Open-plan offices
• Department-based workplaces
• Client-facing offices
• Hybrid work environments
• Consulting or transaction offices
• Offices with meeting rooms, phone booths and collaboration areas

Before signing the lease, the tenant should request a written handover specification identifying which items will be supplied.

These may include:

• Flooring
• Ceiling
• Lighting
• Internal partitions
• Electrical capacity
• Air-conditioning provision
• Fire-safety systems
• Internet connections

Fit-out elements visible during a viewing may belong to the outgoing tenant and may not be included in the final handover.

Equipment, Amenities and Services at VinaPlast Building

VinaPlast Building is equipped with the principal infrastructure required for professional business operations.

Technical facilities

According to the supplied information, the property includes:

• Two high-speed lifts
• Intelligent central air-conditioning system
• High-capacity backup generator
• Fire prevention and firefighting systems
• CCTV and 24/7 security
• One basement
• Professional building management

These systems may provide several operational benefits:

• Faster movement between office floors
• More consistent workplace temperatures
• Reduced disruption during power failures
• Improved security
• Better preparedness for emergencies
• A stable environment for long-term occupancy

Prospective tenants should nevertheless verify the exact specifications during technical due diligence.

Important questions include:

• What are the capacity and operating hours of the lifts?
• What are the standard air-conditioning hours?
• How are overtime cooling charges calculated?
• Does backup power cover all tenant equipment?
• Which internet providers serve the building?
• How often are fire-safety systems inspected?
• What building-access procedures apply outside working hours?

Investor and property manager

VinaPlast Building was invested in by Tai Tam Company Limited and is managed by Colliers International Vietnam.

Professional property management can influence:

• Maintenance quality
• Common-area presentation
• Technical response times
• Security procedures
• Tenant communication
• Overall building experience

However, tenants should still examine the specific scope and service standards recorded in the lease and building handbook.

Surrounding amenities

The building’s external amenities include:

• Banks
• Shopping centres
• Restaurants and cafés
• Hotels
• Professional offices
• Administrative organizations
• Meeting and client-entertainment venues

This location makes the property more than basic commercial space for rent Hanoi. The surrounding ecosystem can support banking, client meetings, recruitment and daily employee needs.

Business Environment and Suitable Tenant Profile

The area around VinaPlast Building accommodates:

• Banks and financial institutions
• Trading companies
• Professional service firms
• Office buildings
• Hotels
• Shopping centres
• Administrative organizations

Locating a workplace in this environment can improve access to customers and partners while strengthening the perceived credibility of the tenant’s business.

Suitable industries

The building may be particularly appropriate for:

• Small and medium-sized financial companies
• Trading businesses
• Consulting firms
• Technology companies
• Representative offices
• Professional service providers
• International companies requiring a central transaction office

VinaPlast Building may be less suitable for companies requiring very large contiguous floors, extensive logistics access, heavy storage or a campus-style workplace.

Every tenant should evaluate the property against its operational requirements instead of choosing it solely for the address.

Why Lease an Office at VinaPlast Building?

The principal reasons to consider an office for rent at VinaPlast Building include:

1. Central Ngo Quyen location

The building provides convenient access to Hoan Kiem Lake, Trang Tien, Hanoi Opera House and established financial areas.

2. Grade B office positioning

The property offers a professional working environment without necessarily requiring the cost of a premium Grade A tower.

3. Flexible office areas

Leasing options from approximately 75 m² can serve representative offices and small or medium-sized companies.

4. Practical floor plate

Floors of approximately 400 m² can support multiple subdivisions or a private full-floor workplace.

5. Essential technical infrastructure

Lifts, central air conditioning, backup power, fire safety and 24/7 security support daily operations.

6. Professional property management

Management by Colliers International Vietnam contributes to the building’s professional positioning.

7. Strong surrounding amenities

Banks, hotels, shopping centres and restaurants are readily accessible.

8. Balance between location and cost

The building offers businesses a central address while potentially remaining more cost-effective than many premium properties nearby.

Companies comparing alternatives can also review Tung Shing Square to assess differences in location, office grade, floor size, facilities and total occupancy cost.

Rental Price and Office Availability at VinaPlast Building

The indicative rental price is approximately USD 18–22/m²/month.

This range can be considered reasonable for a Grade B office in central Hoan Kiem. However, it should not automatically be treated as an all-inclusive rental quotation.

Factors affecting the rental rate

The final price may vary according to:

• Leased area
• Floor and unit position
• View or orientation
• Handover condition
• Lease duration
• Market demand
• Vacancy level
• Landlord incentives
• Deposit and payment terms

Calculate total occupancy cost

When comparing the office rental price Hanoi market provides, tenants should confirm whether the quotation includes or excludes:

• Service charge
• Value-added tax
• Electricity
• Air conditioning during standard hours
• Overtime air-conditioning charges
• Motorcycle and car parking
• Internet and telecommunications
• Internal office cleaning
• Signage
• Fit-out management fees
• Utility deposits
• Other one-off charges

The lowest quoted rent does not always produce the lowest total cost. Companies should compare every shortlisted office using a consistent monthly and annual occupancy-cost schedule.

Review lease conditions

The lease or letter of offer should clearly define:

• Gross and net usable area
• Handover date
• Lease commencement date
• Rent commencement date
• Fit-out period
• Security deposit
• Payment frequency
• Annual rent escalation
• Renewal rights
• Expansion options
• Early-termination conditions
• Subleasing restrictions
• Repair responsibilities
• Reinstatement obligations at lease expiry

Any rent-free period, fit-out support or commercial concession should be recorded in writing.

Current office vacancies

Available space at VinaPlast Building can change frequently. Offices suitable for companies with approximately 10–30 employees may attract significant attention.

Before arranging inspections, a business should define:

• Target usable area
• Current and projected headcount
• Maximum total monthly budget
• Preferred move-in date
• Meeting-room requirements
• Parking demand
• Technical requirements
• Preferred handover condition

This information enables the consultant to identify suitable options and avoid unnecessary viewings.

Office for Lease in Hanoi – Contact HL Land

If your company is searching for an office for lease in Hanoi, an office for lease in Hoan Kiem or specifically an office space for lease at VinaPlast Building, HL Land can support the complete leasing process.

HL Land assists corporate tenants with:

• Updated rental quotations and landlord incentives
• Current office vacancy information
• Requirement-based shortlisting
• Building inspections
• Total occupancy-cost comparisons
• Commercial-term analysis
• Landlord negotiations
• Lease signing
• Handover coordination

Rental quotations and vacancy information are obtained from the landlord or authorized representatives. Corporate tenants do not pay an additional brokerage service fee to HL Land for standard office-leasing consultancy.

Contact HL Land with your required area, headcount, budget, parking needs and target move-in date to receive a relevant shortlist and arrange an inspection.

HL Land – A dedicated advisory partner for a workplace worthy of your business.