VTC Lac Trung

VTC Lac Trung is a practical option for businesses seeking an office for lease in Hai Ba Trung or an affordable office for lease in Hanoi.

Located at 23 Lac Trung Street, Bach Khoa Ward, the building provides convenient connections to central Hanoi, Minh Khai, Tran Khat Chan, Vinh Tuy Bridge, and the eastern part of the city.

VTC Lac Trung attracts companies looking for professionally managed office premises with reasonable occupancy costs, accessible parking, essential technical infrastructure, and a recognizable business address.

Its Grade C positioning may be particularly suitable for small and medium-sized companies that prioritize operational efficiency over the premium specifications of a Grade A building.

For businesses searching for an office for rent at VTC Lac Trung, the final decision should consider more than location and headline rent.

Available floor areas, usable-space efficiency, service charges, parking, air-conditioning arrangements, handover conditions, lease incentives, and contractual flexibility all affect the suitability and total cost of the office.

This guide provides a detailed review of the building’s location, scale, office standards, facilities, rental costs, availability, suitable tenants, and essential leasing considerations.

Overview of VTC Lac Trung

Overview of VTC Lac Trung highlights a professional office building at 23 Lac Trung, Hanoi, offering a convenient location, professional workspace, and a suitable working environment for businesses

VTC Lac Trung is a Grade C office building at 23 Lac Trung Street, Bach Khoa Ward, Hai Ba Trung District, Hanoi.

It was developed to provide a practical working environment for small and medium-sized businesses, representative offices, trading companies, service providers, and other organizations requiring stable premises near central Hanoi.

The building’s principal information includes:

• Building name: VTC Lac Trung
• Address: 23 Lac Trung Street, Bach Khoa Ward, Hai Ba Trung District, Hanoi
• Building grade: Grade C
• Property type: Professionally managed office building
• Scale: 19 above-ground floors and two basement levels
• Primary use: Offices, representative offices, and transaction headquarters
• Suitable tenants: SMEs, trading companies, distributors, logistics businesses, technology companies, media agencies, and service providers

Within the market for an office for lease in Hai Ba Trung District, VTC Lac Trung offers a relatively practical proposition. It is not positioned as a premium Grade A or Grade B property.

Instead, it focuses on the requirements that matter to cost-conscious tenants: location, accessibility, basic technical reliability, parking, security, and functional workplace accommodation.

An office in a professionally operated building can also provide a stronger corporate image than a converted townhouse or fragmented residential property. Visitors receive clearer directions, employees have access to common facilities, and the company benefits from a recognizable commercial address.

For businesses comparing different types of Hanoi office space, VTC Lac Trung deserves consideration when operational practicality and budget control are more important than luxury finishes.

Location and Transport Connections of VTC Lac Trung

Location and Transport Connections of VTC Lac Trung highlight its position at 23 Lac Trung, Hanoi, offering convenient access to surrounding business areas and key routes for daily commuting and business operations

Location is one of the building’s main advantages. VTC Lac Trung is situated on Lac Trung Street, an established urban road with access to several important routes.

From the building, employees and visitors can connect to:

• Nguyen Khoai Street
• Tran Khat Chan Street
• Minh Khai Street
• Bach Mai and surrounding residential areas
• Vinh Tuy Bridge
• Long Bien and eastern Hanoi
• Hoan Kiem and the traditional city centre

This connectivity may be helpful for companies serving customers in both central Hanoi and developing districts east of the Red River. It may also suit distribution, logistics, technology, media, and professional service teams that travel frequently between different parts of the city.

Businesses searching for office rental in Bach Khoa Ward can benefit from the area’s mixture of offices, residential neighbourhoods, commercial services, universities, banks, restaurants, and everyday amenities.

Nearby financial and business services reportedly include branches or transaction points operated by banks such as VPBank, BIDV, VietinBank, MB Bank, and Techcombank. Branch networks and operating status can change, so tenants should verify the closest facilities during their inspection.

Other local amenities include:

• Restaurants and cafés
• Printing and courier services
• Office-supply stores
• ATMs and banking services
• Convenience retail
• Meeting and customer-service locations

A location should not be evaluated only on a map. Before committing to the building, a business should test peak-hour travel times, parking access, ride-hailing pick-up points, visitor arrival procedures, and the routes most commonly used by its employees.

Building Scale and Office Space for Lease at VTC Lac Trung

Building Scale and Office Space for Lease at VTC Lac Trung provide professional workspace options suitable for businesses of different sizes, with flexible office areas designed to support efficient operations at 23 Lac Trung, Hanoi

VTC Lac Trung comprises 19 above-ground floors and two basement levels. The building’s high-rise format and supporting infrastructure enable it to accommodate multiple business tenants in a professional office environment.

The Vietnamese source does not provide a verified typical floor plate or a fixed list of subdivided areas. It is therefore important not to assume that a particular unit size is currently available.

Depending on the landlord’s subdivision plan and current vacancy, the building may accommodate:

• A compact representative office
• A small workplace for a startup or professional service team
• A medium-sized office for approximately 10–30 employees
• A larger workplace allowing several departments to operate together
• A full or substantial floor, subject to actual availability

When reviewing office space for lease at VTC Lac Trung, tenants should request both the chargeable and usable area. The difference can materially affect workplace capacity and the effective rent per usable square metre.

A floor plan should be assessed for:

• Structural columns
• Service-core position
• Window frontage and natural light
• Entrance and reception placement
• Emergency exits
• Pantry and drainage locations
• Server-room requirements
• Meeting-room capacity
• Workstation density
• Internal circulation

A rectangular office with limited columns may support more workstations than an irregular space of the same advertised area. Businesses should therefore compare layout efficiency instead of relying only on square-metre figures.

Companies expecting future growth should also ask whether adjacent space may become available and whether the landlord will consider a right of first offer. This can reduce the risk of relocating when the team expands.

Architecture and Office Standards at VTC Lac Trung

Architecture and Office Standards at VTC Lac Trung reflect a professional and functional workspace, combining practical design with suitable office standards to support efficient business operations at 23 Lac Trung, Hanoi

VTC Lac Trung follows a modern and functional architectural approach. Its clearly identifiable high-rise form, organized lobby, and common areas create a more professional experience than small, independently operated premises.

Reported office standards include:

• Flexible workplace layouts
• Central air-conditioning
• Electricity and internet infrastructure for business use
• Fire detection and firefighting systems
• Professionally maintained lobby and common areas
• Technical systems supporting normal office operations

The quality of a particular office may differ according to its floor, orientation, previous tenant, and handover condition. Businesses should inspect the actual unit and confirm:

• Clear ceiling height
• Raised floor or floor finish
• Ceiling and lighting condition
• Air-conditioning capacity and zoning
• Electrical capacity
• Backup power coverage
• Internet service providers
• Fresh-air provision
• Sound insulation
• Fire-safety requirements
• Accessibility outside standard working hours

The handover specification should be recorded in writing. If the office includes existing partitions, furniture, lighting, cabling, or air-conditioning equipment, the lease documentation should state which items belong to the landlord and which items the tenant must maintain or remove.

Companies planning a substantial fit-out should obtain written technical guidelines before signing the lease. This helps prevent unexpected restrictions relating to electrical work, ceiling modifications, fire protection, signage, contractor access, and construction hours.

Equipment, Amenities, and Services at VTC Lac Trung

Equipment, Amenities, and Services at VTC Lac Trung provide a professional and convenient working environment, with essential facilities and building services supporting the daily operational needs of businesses at 23 Lac Trung, Hanoi

The building is equipped with essential systems intended to support stable office operations.

Reported equipment and services include:

• Seven high-speed lifts
• Central air-conditioning
• A backup generator designed to support 100% of required building capacity
• Security personnel and CCTV monitoring operating 24/7
• Standard fire detection and firefighting systems
• Internet and telecommunications infrastructure
• Professional reception service
• Common-area cleaning
• Building management and operational support
• Two basement levels for parking

Seven lifts can be a notable advantage in a 19-storey office building, particularly during peak arrival, lunch, and departure periods. Tenants should still inspect actual waiting times because lift performance depends on zoning, building occupancy, and whether service lifts are separated from passenger lifts.

Backup power is another important consideration. Companies should ask which systems receive emergency power and whether coverage includes tenant lighting, sockets, servers, air conditioning, lifts, and common areas.

The surrounding area provides restaurants, cafés, banks, ATMs, and supporting business services. These facilities can improve employee convenience and provide options for meetings, lunch, printing, delivery, and financial transactions.

Parking availability must be confirmed for each lease. Two basement levels do not necessarily guarantee that every tenant will receive its preferred allocation. The landlord’s proposal should specify:

• Motorcycle spaces
• Car spaces
• Monthly parking charges
• Visitor parking
• Registration procedures
• Opening hours
• Alternative parking if the basements are full

Companies may also compare TMC Tower with VTC Lac Trung to evaluate differences in location, technical standards, available areas, and overall occupancy costs.

6. Office Rental Price and Total Occupancy Costs

The source material does not state a numerical asking rent for VTC Lac Trung. Businesses researching the office rental price in Hanoi should therefore obtain a current written quotation for the exact unit rather than relying on an estimated or outdated figure.

The financial assessment should extend beyond base rent. The following items can materially affect the total monthly commitment:

• Base office rent
• Service or management charge
• VAT and other applicable taxes
• Chargeable area
• Electricity and water
• Standard air-conditioning
• Overtime air-conditioning
• Motorcycle parking
• Car parking
• Internet and telecommunications
• Signage fees
• Fit-out costs
• Reinstatement costs
• Deposit
• Payment schedule
• Periodic rent escalation

A practical comparison formula is:

Total occupancy cost = base rent + service charge + taxes + parking + utilities + overtime services + amortized fit-out and reinstatement expenses.

Tenants should confirm whether the quotation is net or gross and which services are included. A lower headline rent can become less attractive if the building charges separately for air conditioning, common-area services, parking, and after-hours access.

The effective rent should also account for any rent-free fit-out period or leasing incentive. For example, a modest reduction in the headline rent may be less valuable than a sufficient fit-out period, improved handover condition, or more flexible termination provision.

HL Land can help companies prepare a like-for-like comparison so that each shortlisted property is assessed using the same cost assumptions.

Current Office Availability at VTC Lac Trung

Current Office Availability at VTC Lac Trung provides information on available office spaces at 23 Lac Trung, Hanoi, including flexible workspace options suitable for businesses with different operational requirements

Vacancy is not fixed. Offices may be leased, reserved, returned, combined, or subdivided at different times. Businesses should therefore request an updated availability schedule before arranging an inspection.

The schedule should identify:

• Available floor
• Unit number
• Chargeable area
• Estimated usable area
• Handover condition
• Asking rent
• Service charge
• Earliest handover date
• Required lease term
• Deposit and payment conditions
• Parking allocation
• Existing fit-out or furniture
• Inspection availability

Companies with strict relocation deadlines should begin the process early. Time is required for shortlisting, inspections, commercial negotiation, legal review, technical design, fit-out approval, construction, IT installation, testing, and physical relocation.

A unit that is technically vacant may not be immediately ready for occupation. The tenant should distinguish between the vacancy date, physical handover date, fit-out commencement date, lease commencement date, and rent commencement date.

Suitable Tenants and Business Environment

VTC Lac Trung may be suitable for:

• Small and medium-sized enterprises
• Representative offices
• Trading and distribution companies
• Logistics and operational teams
• Technology businesses
• Media and communications companies
• Consulting and professional service firms
• Customer-service offices
• Companies moving from residential premises to a professional office building

The surrounding Lac Trung–Hai Ba Trung area has a diverse business environment and a relatively dense population. This can support customer access, employee recruitment, banking transactions, deliveries, and daily administrative requirements.

For companies comparing office space for rent in Hanoi, Vietnam, VTC Lac Trung offers a cost-conscious alternative to premium central properties. Its position may be especially useful for organizations that need access to both Hoan Kiem and eastern Hanoi.

Businesses searching for commercial space for rent in Hanoi should clarify their intended use. Conventional office activities, customer-facing services, training, retail, and high-traffic operations may be subject to different building rules and licensing requirements.

Before proceeding, the tenant should verify that its intended business activities are permitted by the landlord and compatible with building management regulations.

Important Lease Terms and Leasing Checklist

A suitable office can still become an expensive mistake if the lease terms are poorly structured. Before signing, businesses should review the following matters carefully.

Premises and area

Confirm the exact floor, unit, chargeable area, usable area, measurement method, and permitted use. Attach an approved floor plan to the lease.

Rent and service charges

Clarify whether rates are inclusive or exclusive of VAT and identify everything included in the service charge.

Deposit and payment

Check the deposit amount, payment frequency, invoicing procedure, currency, exchange-rate mechanism, and deposit refund conditions.

Fit-out period

Negotiate sufficient rent-free time for design, approvals, construction, cabling, furniture installation, and testing.

Handover condition

Create a written handover schedule covering flooring, ceiling, lighting, air conditioning, power, cabling, partitions, fire systems, and existing defects.

Rent escalation

Record when the rent will increase and whether the adjustment is fixed, percentage-based, or linked to another mechanism.

Renewal and expansion

Confirm the renewal notice period, method for setting renewal rent, and any priority rights over adjacent premises.

Early termination

Review break rights, penalties, deposit treatment, notice periods, and whether another tenant can take over the lease.

Reinstatement

Define what must be removed or restored at the end of the term. Reinstatement costs can be substantial if the obligation is written too broadly.

Signage

Confirm permitted signage locations, dimensions, approval requirements, and charges.

Operating requirements

Verify standard working hours, after-hours access, overtime air-conditioning charges, delivery rules, contractor access, and parking allocations.

All important commercial commitments should appear in the written proposal, term sheet, or lease. Tenants should not rely solely on verbal representations.

How can HL Land support businesses?

Companies looking for an office for rent in Hanoi can contact HL Land for assistance with VTC Lac Trung and comparable properties.

HL Land supports tenants by:

• Obtaining the latest quotation from the landlord or authorized representative
• Checking current and upcoming vacancies
• Preparing a shortlist based on location, budget, area, and operational requirements
• Arranging site inspections
• Comparing total occupancy costs
• Identifying important lease risks
• Supporting commercial negotiations
• Coordinating lease, fit-out, and handover discussions

Subject to the transaction arrangement, tenants can generally use HL Land’s advisory service without paying an additional brokerage fee.

For an accurate assessment, businesses should request the latest vacancy schedule, a written quotation, and a complete occupancy-cost breakdown before approving a lease proposal.

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