{
  "url": "https://classa.info/cities/hanoi",
  "title": "Hanoi Class A Office Market",
  "description": "Vietnam's political capital with deep Korean and Japanese FDI tenancy.",
  "oneSentenceAnswer": "Hanoi Class A office rents around $312/sqm/yr · ≈ $29 PSF/yr USD, with 14.4% vacancy and 6 months of typical rent-free on a 5-year term.",
  "tldr": [
    "Korean (Samsung, LG) and Japanese (Honda, Canon) FDI tenancy anchors structural manufacturing and shared-services demand.",
    "Cau Giay and West Lake anchor the post-2010 trophy tier.",
    "Class A vacancy near 14% — moderate for emerging Asian markets.",
    "Vietnamese corporate tax of 20% with active investment incentive regime."
  ],
  "keyFacts": {
    "city": "Hanoi",
    "country": "Vietnam",
    "region": "APAC",
    "classARentLocal": "$312/sqm/yr · ≈ $29 PSF/yr USD",
    "classARentUsd": "$28.985776530811325/sqft/yr",
    "vacancyPct": "14.4%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 6,
    "submarkets": 5,
    "corporateTaxPct": "20%",
    "talentIndex": 72
  },
  "faqs": [
    {
      "question": "How does Hanoi compare to Ho Chi Minh City?",
      "answer": "Hanoi is materially smaller than HCMC as a Class A market and offers ~15-25% rent discount. Government and FDI manufacturing depth is stronger; financial services depth is shallower."
    },
    {
      "question": "What is the role of Korean FDI?",
      "answer": "Material. Samsung Electronics' Vietnam operations (Bac Ninh and Thai Nguyen plants) anchor a deep Korean FDI cluster. Korean banks, manufacturing supply-chain partners, and trading houses maintain HQs in Hanoi."
    },
    {
      "question": "What is the impact of the metro rollout?",
      "answer": "Metro Line 2A (Cat Linh - Ha Dong, opened 2021) and Line 3 (Nhon - Hanoi Station, partially open 2024) are reshaping Hanoi commute economics. Continued metro rollout will materially affect submarket rent dynamics through 2030."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/hanoi), updated 2026-04-15T00:00:00.000Z."
}