--- title: "Biotech and life sciences office space in Hanoi" description: "Where biotech and life sciences occupiers cluster in Hanoi, what they pay, and what the typical fit-out looks like." canonical: https://classa.info/cities/hanoi/industries/biotech-life-sciences pageType: city-industry lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Biotech and life sciences occupiers in Hanoi typically cluster in West Lake / Tay Ho, plan ~320 sqft per seat at high-end fit-out ($125–185/sqft), and pay around 312 USD/sqft ($29 USD) on Class A. ## TL;DR - Preferred submarket: West Lake / Tay Ho. - Typical fit-out spec: High-end ($125–185/sqft). - Plan ~320 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. # Biotech and life sciences office space in Hanoi **Biotech and life sciences occupiers in Hanoi typically cluster in West Lake / Tay Ho, plan ~320 sqft per seat at high-end [fit-out](/topics/fit-out-capex)">fit-out ($125–185/sqft), and pay around 312 USD/sqft ($29 USD) on [Class A](/glossary/class-a).** ## TL;DR - Preferred submarket: West Lake / Tay Ho. - Typical fit-out spec: High-end ($125–185/sqft). - Plan ~320 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 Biotech and life sciences 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 biotech and life sciences fit-out targets high-end specification at $125–185/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard. ## Headcount sizing Plan around 320 sqft per seat blended (workstation + circulation + amenity). A 100-headcount biotech office in Hanoi typically targets 32,000 sqft of leasable area. ## Talent angle Cluster effects are decisive: PhD-grade talent concentrates near academic-medical anchors and translational research institutes. 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 | city | Hanoi| | industry | Biotech and life sciences| | naics | 541714, 541715, 325412| | preferredSubmarket | West Lake / Tay Ho| | preferredFitoutSpec | High-end| | fitoutBand | $125–185/sqft| | sqftPerSeat | 320| | classARentLocal | 312 USD/sqft/yr| | classARentUsd | $29/sqft/yr| | vacancyPct | 14.4%| | typicalLeaseYears | 5| | typicalRentFreeMonths | 6| | talentIndex | 72| | corporateTaxPct | 20%| ## Frequently asked questions ****Where do biotech and life sciences 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 biotech and life sciences occupiers run in Hanoi?**** : Typically high-end at $125–185/sqft. ****How much office space per seat should a biotech and life sciences occupier plan in Hanoi?**** : Plan ~320 sqft per seat blended. A 100-person team typically takes 32,000 sqft. ****What NAICS codes describe the biotech and life sciences vertical?**** : Representative NAICS 2022 codes: 541714, 541715, 325412. ****What is the talent index in Hanoi?**** : 72/100. Use the city profile for full detail. ## Related - [**Biotech and life sciences — global overview**](/industries/biotech-life-sciences) - [**Hanoi — full city profile**](/cities/hanoi) - [**Financial services in Hanoi**](/cities/hanoi/industries/financial-services) - [**Asset management in Hanoi**](/cities/hanoi/industries/asset-management) - [**Investment banking in Hanoi**](/cities/hanoi/industries/investment-banking) - [**Legal services in Hanoi**](/cities/hanoi/industries/legal-services) ## Editorial provenance Reviewed by [**Class A Atlas Editorial Desk**](/about/authors/class-a-atlas-editorial-desk) — House byline · global editorial team. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards). ### Primary sources for this page - [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE - [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL - [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield - [Savills World Research](https://www.savills.com/research_articles/) — Savills - [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers [Full sources index](/about/sources) · [Submit a correction](/about/corrections) ## Related topics - [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal. - [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce. - [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease. - [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies. - [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office fit-out capex. - [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa. --- Citation: Source: Class A Atlas (https://classa.info/cities/hanoi/industries/biotech-life-sciences), updated 2026-04-15T00:00:00.000Z.