Vietbank Building

Vietbank Building is a practical option for companies seeking an office for lease in Hoan Kiem with a central address, convenient access to Hanoi’s commercial districts and a manageable rental level.

Located at 72 Ba Trieu Street, Hai Ba Trung Ward, Hoan Kiem District, Hanoi, the property stands on one of the capital’s established business and retail streets. The surrounding area accommodates banks, professional offices, shops, restaurants, cafés and other services required for daily business operations.

For companies searching for an office for lease in Hanoi, Vietbank Building offers a balance of location, functional specifications and operating cost. Its typical floor area of approximately 400 square metres may accommodate several tenant sizes, subject to the vacant areas and subdivision policy available at the time of enquiry.

Businesses researching an office space for rent in Hanoi Vietnam should nevertheless look beyond the advertised rent. Service charges, VAT, parking, electricity, air-conditioning expenses, fit-out requirements and lease conditions can materially affect the total cost of occupancy.

The following guide examines Vietbank Building’s location, scale, workplace standards, facilities, suitable tenant profiles, indicative rental price and important matters to verify before signing a lease.

Overview of Vietbank Building

Vietbank Building is a Grade C office building located on Ba Trieu Street, one of central Hanoi’s well-known commercial routes.

Rather than competing directly with premium Grade A developments, the property focuses on the practical requirements of small and medium-sized companies. These requirements include a recognisable address, usable office floors, convenient access and essential technical infrastructure.

The building’s principal specifications include:

• Building name: Vietbank Building
• Address: 72 Ba Trieu Street, Hai Ba Trung Ward, Hoan Kiem District, Hanoi
• Office grade: Grade C
• Building scale: Ten above-ground floors
• Approximate typical floor area: 400 square metres
• Primary use: Professional offices for lease
• Indicative asking rent: USD 15–16 per square metre per month
• Suitable tenants: SMEs, trading businesses, professional service companies and representative offices

Within the Hoan Kiem office leasing market, Vietbank Building may suit businesses that want a central address without committing to the higher costs frequently associated with Grade A or Grade B properties.

Its main advantages include:

• Central location on Ba Trieu Street
• Approximately 400-square-metre typical floors
• Potential for different leasing configurations, subject to availability
• Two Mitsubishi high-speed lifts
• VRV central air conditioning
• Convenient access to surrounding financial and commercial services
• Competitive positioning within the central Grade C segment

Companies comparing Hanoi office space options should confirm whether the offered area is calculated as gross leased area or net usable space. This difference affects workplace capacity, fit-out efficiency and the actual cost per usable square metre.

Vietbank Building may be particularly relevant to businesses looking for office rental in Hai Ba Trung Ward, where central location and commercial accessibility are the primary selection criteria.

Location and Transport Connections of Vietbank Building

Vietbank Building is located on Ba Trieu Street, a prominent commercial street passing through central Hanoi.

From the property, businesses can conveniently reach:

• Hoan Kiem Lake
• Trang Tien
• Hai Ba Trung Street
• Tran Hung Dao Street
• Ly Thuong Kiet Street
• Other commercial areas of central Hoan Kiem
• Neighbouring districts such as Hai Ba Trung, Ba Dinh and Dong Da

The building’s address is easy to communicate to clients, partners and job candidates. This is an important operational advantage for companies that host regular meetings or depend on frequent customer interaction.

The surrounding area includes:

• Banks and ATMs
• Retail stores
• Restaurants and cafés
• Customer-service facilities
• Financial transaction points
• Other professional office buildings
• Commercial and administrative services

For businesses assessing an office for rent in Hanoi, a central location can create value beyond brand recognition. It may reduce travel time between meetings, simplify access to banking services and make it easier to arrange client appointments in nearby restaurants, hotels or cafés.

A Ba Trieu address may also strengthen the company’s professional presentation. When included on business cards, contracts, recruitment advertisements and corporate profiles, a central Hoan Kiem location can improve confidence among clients and partners.

However, companies should inspect the area during actual operating hours. Ba Trieu is a one-way street in relevant sections, so travel direction and arrival routes should be considered carefully.

Recommended location checks include:

• Morning and evening traffic conditions
• Car access and temporary stopping arrangements
• Visitor access
• Motorcycle-parking procedures
• Nearby alternative parking
• Courier and delivery access
• Public transport availability
• Walking convenience for employees
• Distance to banks, restaurants and meeting venues

Companies searching for commercial space for rent Hanoi should also distinguish between conventional office use and retail-oriented commercial use. Vietbank Building is primarily operated as an office property.

Businesses requiring heavy customer traffic, retail frontage, frequent goods delivery or specialised licences should confirm whether their intended activity is permitted.

Building Scale and Office Space for Lease at Vietbank Building

Vietbank Building comprises ten above-ground floors, with each typical floor providing approximately 400 square metres.

This is a relatively flexible floor size for a central Grade C property. Subject to vacancy and the landlord’s subdivision policy, it may accommodate:

• A small company taking part of a floor
• A medium-sized company requiring 100–250 square metres
• A larger tenant taking most or all of one floor
• A representative office requiring reception and meeting facilities
• A professional service provider needing separate departments

An office space for lease at Vietbank Building may be configured with:

• Reception and waiting area
• Open-plan workspace
• Private management offices
• Meeting and interview rooms
• Customer-service area
• Internal storage
• Pantry or employee refreshment area
• Server or communications room

Actual workplace capacity will depend on the size and shape of the available unit. Structural columns, window lines, common corridors, emergency exits and existing partitions can all influence space efficiency.

Before selecting an office, tenants should request a measured floor plan and verify:

• Gross leased area
• Net usable area
• Common-area allocation
• Structural column positions
• Window lines and natural light
• Ceiling condition
• Existing partitions
• Air-conditioning layout
• Electrical capacity
• Internet and data-cabling routes
• Emergency exits
• Landlord rules for fit-out and signage

Businesses should calculate their required area using both current and projected headcount. A company that selects an office based only on its present team may need to relocate early if employee numbers rise during the lease term.

A realistic workplace brief should cover:

• Current number of employees
• Projected headcount
• Percentage of staff working from the office
• Number of private offices
• Meeting-room requirements
• Reception and visitor capacity
• Storage requirements
• Technology infrastructure
• Future expansion plans

If growth is expected, the tenant should ask whether adjacent units or additional floors might become available. A right of first refusal on future space may also be discussed with the landlord, although it will depend on the negotiated lease terms.

Architecture and Office Standards at Vietbank Building

Vietbank Building follows the practical design approach typically associated with a professionally operated Grade C office property. Its architecture prioritises efficient use, straightforward circulation and a sufficiently professional appearance for business transactions.

With an approximately 400-square-metre typical floor, tenants may divide the workplace into reception, open working areas, meeting rooms, private offices and internal support zones.

The building’s reported technical infrastructure includes:

• Two Mitsubishi high-speed lifts
• VRV central air conditioning
• Temperature control for individual areas
• Electrical infrastructure supporting office operations

Two lifts are a useful feature for a ten-storey building because they can reduce waiting times and support smoother movement during peak arrival and departure periods.

The VRV air-conditioning system may allow greater control over temperature in separate workplace zones. This can help improve employee comfort and avoid unnecessary cooling in unused sections.

Before signing the lease, prospective tenants should confirm:

• Standard air-conditioning operating hours
• Whether cooling costs are included in the rent or service charge
• Method used to calculate air-conditioning electricity
• Overtime air-conditioning fees
• Independent control options
• Maintenance responsibilities
• Procedures for extending or changing the system during fit-out

The supplied information does not specify detailed backup-power, security or fire-safety specifications. Tenants should therefore verify these systems directly during the technical inspection.

Important questions include:

• Which areas are supported by backup power?
• What percentage of tenant electrical demand is covered?
• What fire-detection and firefighting systems are installed?
• Where are the emergency exits?
• Is CCTV monitoring available in all common areas?
• What are the building’s access hours?
• How are technical incidents reported and resolved?
• What fit-out works require building approval?

A central address and attractive rental rate are valuable, but reliable technical operations determine whether the office remains suitable throughout the lease term.

Equipment, Amenities and Services at Vietbank Building

Vietbank Building provides the core equipment required for routine professional office use. Its main reported systems include:

• Two Mitsubishi high-speed lifts
• VRV central air conditioning
• Area-based temperature control
• Stable electrical infrastructure
• Building services supporting long-term office operations

The property’s location also gives tenants access to a strong range of external amenities:

• Banks and ATMs
• Restaurants and cafés
• Retail shops
• Commercial service providers
• Financial transaction points
• Meeting and customer-service facilities

These amenities help tenants manage daily activities more efficiently. Employees can access banking, food and personal services without travelling far, while companies can arrange informal client meetings in nearby venues.

Parking is not described in detail in the supplied building information. Because parking is often limited in central Hoan Kiem, prospective tenants should request written confirmation of:

• Motorcycle-parking capacity
• Number of spaces allocated to each office
• Car-parking availability
• Monthly parking fees
• Visitor-parking procedures
• Parking access hours
• Alternative parking locations
• Whether parking fees may change during the lease term

Telecommunications specifications should also be checked. Companies relying on stable connectivity should verify:

• Internet service providers available in the building
• Fibre-optic connection options
• Possibility of installing redundant internet lines
• Cable routes into the leased premises
• Approval process for telecommunications work
• Access for technical providers
• Space for routers and network equipment

The quality of building management should be assessed during an inspection. Tenants should observe common-area cleanliness, lift maintenance, visitor-control procedures, signage, lighting and how the management team responds to technical requests.

Business Environment and Suitable Tenant Profile

The Ba Trieu–Hai Ba Trung Ward–Hoan Kiem area accommodates a varied business community consisting of banks, financial organisations, trading companies, service providers and representative offices.

An office for rent at Vietbank Building may be especially suitable for:

• Small and medium-sized enterprises
• Trading companies
• Consulting businesses
• Financial and professional service providers
• Education and training companies
• Representative offices
• Businesses requiring a central client-facing address
• Companies that work frequently with banks and administrative organisations

Operating from this location may provide several advantages:

• Greater credibility through a central business address
• Convenient access to clients and partners
• Easier financial transactions
• More opportunities for networking
• Stronger recruitment appeal for employees preferring the inner city
• Access to commercial and professional support services

The property may be less suitable for corporations requiring several thousand square metres of contiguous space, extensive premium amenities or a Grade A reception environment.

It may also be unsuitable for businesses involving heavy logistics, industrial processes or intensive retail activity. Each tenant should confirm permitted use before making a financial commitment.

For the right business, however, Vietbank Building can offer an effective combination of central positioning, workable floor size and cost control.

Why Lease an Office at Vietbank Building?

Five factors make Vietbank Building worth considering.

1. Central and recognisable location

Ba Trieu is one of Hanoi’s established commercial streets. The address is easy to communicate and convenient for meetings, banking and access to central business areas.

2. Competitive rental positioning

The indicative rent is more accessible than that of many higher-grade properties in central Hoan Kiem, making the building relevant to budget-conscious companies.

3. Approximately 400-square-metre floors

The typical floor size can support several office configurations and tenant profiles, subject to actual vacancy and subdivision conditions.

4. Practical building systems

Two Mitsubishi lifts and VRV central air conditioning contribute to smoother movement and a more comfortable workplace.

5. Strong surrounding business services

Banks, restaurants, cafés, shops and professional services support employees and companies throughout the working day.

If Vietbank Building does not fully meet the company’s area, layout or budget requirements, the 110–112 Ba Trieu Building is another option on the same street that may be included in the comparison.

Rental Price and Office Availability at Vietbank Building

The indicative rental price at Vietbank Building is approximately USD 15–16 per square metre per month.

This figure is provided for reference and may change according to:

• Available floor
• Leased area
• Lease duration
• Handover condition
• Commencement date
• Current vacancy
• Landlord incentives
• Negotiated commercial terms

When comparing the office rental price Hanoi market, companies should calculate the total monthly occupancy cost rather than relying solely on base rent.

An updated quotation should clarify:

• Base rent
• Service charge
• VAT
• Electricity
• Air-conditioning costs
• Overtime air-conditioning charges
• Motorcycle-parking fees
• Car-parking fees
• Water charges
• Internet and telecommunications expenses
• Signage fees, if applicable
• Fit-out management fees or deposits

Tenants should also review the main lease conditions:

• Minimum lease term
• Security deposit
• Payment frequency
• Rent-review mechanism
• Rent-free fit-out period
• Handover specifications
• Permitted fit-out works
• Access and operating hours
• Renewal option
• Expansion rights
• Early-termination conditions
• Reinstatement obligations when the lease expires

A lower headline rent does not automatically result in a lower total cost. High service charges, parking expenses, extensive fit-out works or strict reinstatement requirements may make an apparently inexpensive office less economical over the full lease term.

Vacant areas at Vietbank Building may change frequently. Businesses interested in an office space for lease at Vietbank Building should obtain an updated availability schedule before arranging an inspection.

The schedule should include:

• Available floor
• Offered area
• Gross and net measurements
• Availability date
• Existing office condition
• Asking rent and service charge
• Minimum lease duration
• Parking allocation
• Landlord incentives
• Subdivision possibilities

Receiving this information early allows businesses to compare Vietbank Building objectively with other offices for lease in Hanoi and avoid inspecting unsuitable properties.

Office for Lease in Hanoi – Contact HL Land

Businesses considering an office for lease in Hoan Kiem can contact HL Land for updated rental quotations, current vacancies and comparisons with other suitable buildings.

HL Land supports tenants throughout the office-leasing process:

• Clarifying location, area and budget requirements
• Preparing a focused property shortlist
• Arranging office inspections
• Comparing rent and operating costs
• Reviewing important commercial terms
• Supporting negotiations with landlords
• Coordinating lease signing and office handover

Tenants do not pay an additional brokerage service fee to HL Land. Quotations and vacancy information are obtained directly from landlords or authorised building representatives, supporting a transparent and objective comparison.

Contact HL Land to check whether a suitable office for rent at Vietbank Building is currently available and to compare it with other options for office rental in Hai Ba Trung Ward and Hoan Kiem District.

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