Startup tech occupiers in Hanoi typically cluster in West Lake / Tay Ho, plan ~130 sqft per seat at mid fit-out ($80–120/sqft), and pay around 312 USD/sqft ($29 USD) on Class A.

• Preferred submarket: West Lake / Tay Ho.
• Typical fit-out spec: Mid ($80–120/sqft).
• Plan ~130 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: West Lake / Tay Ho.
• Typical fit-out spec: Mid ($80–120/sqft).
• Plan ~130 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

Startup tech occupiers in Hanoi typically anchor in West Lake / Tay Ho. Embassies, expat services, boutique HQs, hospitality.

What they pay

Class A rent in Hanoi runs 312 USD/sqft ($29 USD) on a 5-year lease with 6 months free. Prime submarkets sit at or modestly above the city index.

Spec and fit-out

Typical startup tech fit-out targets mid specification at $80–120/sqft. Functional Cat-B with branded reception and standard meeting-room mix is standard.

Headcount sizing

Plan around 130 sqft per seat blended (workstation + circulation + amenity). A 100-headcount startups office in Hanoi typically targets 13,000 sqft of leasable area.

Talent angle

Series B–D scale-ups prioritize flexibility and signature loft stock to attract engineering talent away from incumbents. 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 startup tech occupiers lease office space in Hanoi?

Most cluster in West Lake / Tay Ho. Rent runs ~312 USD/sqft ($29 USD) for trophy and prime stock.

What fit-out spec do startup tech occupiers run in Hanoi?

Typically mid at $80–120/sqft.

How much office space per seat should a startup tech occupier plan in Hanoi?

Plan ~130 sqft per seat blended. A 100-person team typically takes 13,000 sqft.

What NAICS codes describe the startup tech vertical?

Representative NAICS 2022 codes: 541511, 541512, 518210.

What is the talent index in Hanoi?

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

Related

• Startup tech — 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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