Key features for businesses
- Hanoi has the highest Human Development Index in Vietnam.
- Easily reachable by almost all AESAN capitals within just a 3 hour flight, making it an extremely accessible area within Asia.
- The majority of the top universities in Vietnam are based here.
- Hanoi's infrastructure is constantly being updated with improved roads and improved transportation systems being put in place.
The CBD of Hanoi covers Hoan Kiem and part of Hai Ba Trung Districts. This area has the highest proportion of high-grade commercial buildings, making it extremely appealing for all types of businesses.
Bars and lunch spots are numerous, with an impressive amount of offerings for both traditional Vietnamese and Western Cuisine in and nearby the Old Quarter. The area becomes especially vibrant in the weekends, when the main streets surrounding Hoan Kiem Lake are opened for pedestrians.
It is a well-connected area, with many of the city's attractions and shopping venues located in close proximity to each other. Whilst the local population typically gets around the city on moterbikes, public transportation is developing in terms of its quality and convenience, making it increasingly easy to travel around the city.
The Midtown area of Hanoi includes Ba Dinh and Dong Da Districts, in which Hanoi’s offices of administration, embassies, and logistic and insurance companies are located in high density. One of the primary benefits of this area is centrality, offering good access to both the CBD and the West.
The central Midtown is home to many of the historical and landmark sights within Hanoi. For example, the Vincom Ceter Pham Ngoc Thach, Lotte Centre Hanoi, the National Cinema, the Military Aerospace Museum and so on. Additionally, this area of Hanoi has several other perks; it is approximately 1km from a number of highly regarded schools, universities and hospitals, whilst also just 3km from the CBD and 30 minutes from the Noi Bai international airport.
The West of Hanoi, also known as the new CBD, is an up and coming area both in terms of commercial and residential offerings. This area consists of Nam Tu Liem, Bac Tu Liem, Cau Giay and part of Thanh Xuan District, and is particularly popular with expats and companies looking for slightly lower rents than the CBD.
As a result, this area is seeing an increasing number of new infrastructure being built, with restaurants and shops opening, making it a lively and diverse area to both live and work. The West has established itself as a particular popular spot for IT and technology companies and there are now several landmark buildings in this area – for example, the renowned Keangnam Hanoi Landmark Tower and the Indochina Plaza Hanoi Residences. This area is also home to the Vietnam National Convention Center, which hosts several high-profile political, entertainment and exhibition events.
Transport to and around The West is easy, with the area benefiting from the quick progression of Hanoi Bus Rapid Transit (BRT) with large roadway shelters, which was built in 31 December 2016.