Fashion and luxury occupiers in Hanoi typically cluster in Ba Dinh, plan ~200 sqft per seat at trophy fit-out ($185–270/sqft), and pay around 312 USD/sqft ($29 USD) on Class A.

• Preferred submarket: Ba Dinh.
• Typical fit-out spec: Trophy ($185–270/sqft).
• Plan ~200 sqft per seat for headcount sizing.
• Class A rent context: 312 USD/sqft ($29 USD).
• Typical lease: 5 years with 6 months rent-free.
• Talent depth in Hanoi: 72/100.

TL;DR

• Preferred submarket: Ba Dinh.
• Typical fit-out spec: Trophy ($185–270/sqft).
• Plan ~200 sqft per seat for headcount sizing.
• Class A rent context: 312 USD/sqft ($29 USD).
• Typical lease: 5 years with 6 months rent-free.
• Talent depth in Hanoi: 72/100.

Where they cluster

Fashion and luxury occupiers in Hanoi typically anchor in Ba Dinh. Government, banking, embassies, professional services.

What they pay

Class A rent in Hanoi runs 312 USD/sqft ($29 USD) on a 5-year lease with 6 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical fashion and luxury fit-out targets trophy specification at $185–270/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 200 sqft per seat blended (workstation + circulation + amenity). A 100-headcount luxury office in Hanoi typically targets 20,000 sqft of leasable area.

Talent angle

Design and merchandising leadership clusters near luxury retail corridors; showroom and gallery programming drives premium fit-out spend. Strong manufacturing, IT, BPO, and services talent. Vietnam National University Hanoi, Hanoi University of Science and Technology (HUST), and FPT University anchor the regional pipeline. Multilingual (Vietnamese, English, Korean, Japanese) talent supports FDI tenancy.

Tax and lease context

Headline corporate tax: 20%. Vietnamese gross structure (rent inclusive of management fees). Rents typically quoted in USD/sqm/month and paid in VND at official FX. 3-5 year terms standard. Rent-free of 4-8 months on 5-year terms plus USD 200-400/sqm TI typical.

Key facts

Frequently asked questions

Where do fashion and luxury occupiers lease office space in Hanoi?

Most cluster in Ba Dinh. Rent runs ~312 USD/sqft ($29 USD) for trophy and prime stock.

What fit-out spec do fashion and luxury occupiers run in Hanoi?

Typically trophy at $185–270/sqft.

How much office space per seat should a fashion and luxury occupier plan in Hanoi?

Plan ~200 sqft per seat blended. A 100-person team typically takes 20,000 sqft.

What NAICS codes describe the fashion and luxury vertical?

Representative NAICS 2022 codes: 315, 448.

What is the talent index in Hanoi?

72/100. Use the city profile for full detail.

Related

• Fashion and luxury — global overview
• Hanoi — full city profile
• Financial services in Hanoi
• Asset management in Hanoi
• Investment banking in Hanoi
• Legal services in Hanoi

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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