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Hochiminh City: $500 million to build The One complex

26 Apr
VNRE On April 26, Bitexco has officially introduced the implementation of the project named The One Ho Chi Minh City at No.1 Pham Ngu Lao Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City with total investment capital $ 500 million.

Mr. In-Suk Ko, chief executive officer of Bitexco, said: The One Ho Chi Minh City will be ground breaking on April 27on a land area of 8.600 m2, gross floor area is 195,000 m2.

The project includes the functions of the trade center, office, serviced apartment and 6-star standard hotel named Ritz Carlton. The One Ho Chi Minh City includes two towers which are connected by the shopping centre at the podium.

The 55-storey West Tower (240m) contains office floors in the lower half and a hotel in the upper half. The 48-storey East Tower contains the office in the lower floors of the tower, from the 24th floor to 48th floor is the area of ​​the Ritz Carlton hotel.

The architectural design has a cultural context as it refers to the Vietnamese myth of the Two Dragons. The podium represents the coiled tails, while the two dragons rise from the land. The cantilevered tops represent the dragon’s heads. The glass cubes are figurative depictions of Vietnamese pearls in the mouths of the dragons.

The image will provide a powerful reminder to current and future generations of both the Vietnamese myth and the symbolic representation of the city’s fame as the ‘Pearl of the Orient’. When completed, The One Ho Chi Minh City, with its iconic design and strategic location, will represent the new and dynamic Vietnam and will be a new city landmark.

The One Ho Chi Minh City will be completed and put into operation in late 2015.

Bitexco Group of Company

8 Dec
VNRE Since its beginnings in 1985 as a textile firm in the province of Thai Binh, Bitexco has become a successful multi-industry corporation. It covers real estate investment and development, hydro-power plants, infrastructure, mining and mineral water production. The Bitexco Group has over 1.100 employees with offices in Ha Noi, Ho Chi Minh City and Thai Binh.
Bitexco began to diversify and expand its business in 1997 in the production of mineral water. The company has invested heavily in modern machinery and equipment for building and developing the brand “Vital” to become the first brand of mineral water in Vietnam, which was first produced by Italian technologies meet the high European quality standards.

In the real estate sector, from 2000, Bitexco has developed various high-profile projects in Hanoi and Ho Chi Minh City. Examples in Hanoi are The Manor and The Garden; while in Ho Chi Minh City there is the Bitexco Office Building, The Manor I, The Manor II and the 68-storey Bitexco Financial Tower. Other major projects underway include the J.W. Marriott Hotel and Hoang Mai Urban Complex in Hanoi, in Lao Cai The Manor Eco+ and Sapa Resort & Holiday Apartments, in Thanh Hoa the New Centre, and in Ho Chi Minh City the Nguyen Cu Trinh Residential Complex and Ben Thanh Towers.

Bitexco has always strived for growth and prosperity. Its reputation in Vietnam is based on its sustainable development and global perspective. The key to its success is the vision of its leaders, combined with the reliability of its business partners and the loyalty of its patrons. Bitexco’s goal is to become the top corporation in Vietnam, an internationally competitive enterprise that exceeds the expectations of its customers with its care for quality and state-of-the-art products and services.


Bitexco Group’s goal is to be the top leading multi-industry corporations in Vietnam, a global player that is: “internationally competitive by executing world-class projects, and ensuring sustainable development in the local and global markets.”

Our Mission

The Bitexco Group will always be in the vanguard of Vietnamese corporate life. We continually strive for growth and set ourselves international benchmarks for every project we undertake. Only the highest standards are acceptable for both our people and our companies.

Contributing to Vietnam’s economic development and improving the quality of life for the country’s people is central to our philosophy. As a player on the international stage, The Bitexco Group is responsible for advancing national interests and promoting the image of Vietnam around the world as a dynamic, prosperous nation.

In a rapidly modernizing world, sustainable development at both home and abroad will always be a priority.

Strategic partners

For further information, please contact:

Bitexco Group of Company

– Hanoi Office: 1st Floor, The Manor Towers, My Dinh, Me Tri, Tu Liem, Ha Noi.
Tel: 84.4.3785 5588 – Fax: 84.4.3785 5599

– Hochiminh City Office: 19th Floor, Bitexco Office Building, 19-25 Nguyen Hue, District 1, Ho Chi Minh City.
Tel: 84.8.38211 033 – Fax: 84.8.38211 005

– Thai Binh Office: 102 Quang Trung, Thai Binh Province.
Tel: 84.36.831 674 – Fax: 84.36.834 010

Bitexco hosts skyscraper race

8 Jul
VNREBitexco Group says it will organize an international skyscraper race at its Bitexco Financial Tower – the tallest building in downtown HCMC – on October 30.

The Bitexco Vertical Run will challenge runners to scale 1,020 steps from the tower’s ground floor lobby to the Saigon Skydeck on the 49th floor where they can see stunning views of the city’s skyline and the Saigon River.

Runners will compete in groups of 10 to 15 people. Men, women and children aged 12 and above at all fitness levels are encouraged to enter.

David Shin, representative of the organizers, describes the vertical race as a bit like scaling Mount Everest, not literally, but the fact that people like to climb because it is a challenge.

Vertical running is a fast growing and relatively new activity for runners and sports enthusiasts seeking a unique and thrilling challenge. The first-known vertical races began in the 1970s and it has developed into an organized sport where races are held globally in some of the world’s tallest buildings.

Organizers say the Bitexco race aims to attract hundreds of local and foreign participants. Registration is available from now with participation fees starting at US$12 per person.

For more information, contact race organizers at or

Reported by Dinh Dung | The Saigon Times

JW Marriott Hanoi

4 Apr

VNREThe 5-star hotel called JW Marriott Hanoi was designed based on the idea of a romantic coast of Vietnam, inspired by images of “the legendary dragon,” a very significant symbol in the ancient cultural heritage, imbued with Vietnam identity. This will be the only hotel located adjacent to the National Conference Center, My Dinh, Hanoi.

JW Marriott Hanoi is away 7.5 km form Hanoi center in west, and 22.5 km from the airport in south. According to the general planning of the city toward 2020, JW Marriott Hanoi will be surrounded by condominiums, villas, modern office buildings and parks in the future.

The composition of this hotel is spiral curves, located on 6.3 hectares with 9 floors with 450 rooms facing the lake which shows the prosperousness, combined with inner courtyard filled with green color of nature…

The main entrance through the 2nd floor of inner courtyard is formed by two parallel slabs, connected by a bridge. Guest parking separates from the inner courtyard. VIP parking is designed in the yard, adjacent to a luxury shopping mall.

Lobby will be equipped by a bar, a restaurant, souvenir shop, reception, shopping center, department of administration, small meeting rooms and a space reserved for relaxing with roof overlooking the lake. Besides, the hotel is arranged areas for cargo services as well as other services at the rear of the hotel.

Entertainment center is equipped by the big and small restaurants, 5,000 m2 for the shopping area, large hall 1,000 m2, can be divided into four small rooms, a smaller hall with an area of 500 m2 can also be divided into four small rooms and some other smaller meeting rooms.

Level 2 is the area for lobby, restaurants and special dining room, office area… The rooms are divided from the 3rd floor to floor 8th. On the 7th floor, there are three luxurious rooms, a Vice President room and a President room. On the 9th floor is equipped with indoor swimming pool, gym and an outdoor spa.

Construction materials are glass and wood that create a warm and luxurious and make hotel more prominent, harmonious with the natural landscape of the region.

JW Marriott Hanoi was designed by the famous American architect Carlos Zapata and will be managed by the U.S. hotel group Marriott International Corporation – a leading hotel management in the world.

Total investment capital of the project is $130 million and expected to be completed in 2012.

For further information, please contact:

Bitexco Group of Companies
Add: 2 lang Ha Street, Ba Dinh District, Ha Noi
Tel: 84.4.3835 3303 – Fax: 84.4.3835 1457

Bitexco plans two major property developments this year

2 Feb
VNREVietnamese property developer Bitexco Group is planning to develop two huge property projects in prime locations in HCMC this year after it finished construction of the iconic Bitexco Financial Tower (BFT) skyscraper in the downtown last October.
Speaking at a year-end meeting with the press in the city on Wednesday, Bitexco general director Vu Quang Bao said the company would invest US$400 million in the Ben Thanh Towers project opposite the landmark Ben Thanh Market.

The project covers 8,600 square meters and is surrounded by Calmette, Le Thi Hong Gam, Pho Duc Chinh and Pham Ngu Lao streets. It will have two 55-story blocks comprising serviced apartments, office spaces, retail podium and five-star hotel. These high-rises are scheduled for completion by 2015.

In the other project, Bao said, Bitexco will spend about US$300 million developing the 6.5-hectare Nguyen Cu Trinh Quadrilateral, also known as the Ma Lang area, into a compound consisting of office and apartment buildings, shopping center, international standard hospital, school and amusement area.

The site is surrounded by Nguyen Cu Trinh, Tran Dinh Xu, Nguyen Trai and Cong Quynh streets in District 1.

As for the Bitexco Financial Tower, the city’s tallest, the group is putting the final decoration touches on the lotus-shape skyscraper and the first tenants are beginning to move in, Bao said.

Some US$270 million was invested in the 68-story structure on Hai Trieu, Ngo Duc Ke and Ho Tung Mau streets in the heart of the city.

The building has about 30,000 square meters of Grade A office space and 8,000 square meters of retail space for local and international tenants. Besides offering a workplace for some 10,000 people, it serves as a tourist destination for travelers who want to take a panoramic view of the city from above.

Talking about the building’s rent and occupancy, the company said that at the moment, it was in talks with tenants over around 40% of office space, and rents ranged from US$40 to US$70 per square meter for office space and from US$60 to US$120 per square meter for retail space.

Apart from residential and office building projects, Bitexco is active in hotel development.

The group is developing the five-star JW Marriott Hanoi Hotel nestled in the premises of the National Convention Center in My Dinh in the capital city.

The group has injected US$126 million into the elite 460-room hotel and when in place by 2012, it will offer accommodation for leisure and business travelers.

Established in 1985, Bitexco engages in diverse fields including property, road and hydropower plant development, and financial investment, among others.

Reported by Dinh Dung | The Saigon Times

Bitexco Financial Tower – A world-class icon in the heart of Ho Chi Minh City

1 Nov
VNREDefining the skyline of Ho Chi Minh City, Bitexco Financial Tower stands at 68 stories tall, right at the heart of the city’s Central Business District. With its inspirational design and world-class presence, it is a true icon built to symbolize a nation’s aspirations and the limitless potential of a thriving cosmopolitan city.

Design & Inspiration

Inspired by Vietnam’s national flower – the lotus, Bitexco Financial Tower is designed to represent the energy and aspirations of its people. A true urban masterpiece that is more than a structure of glass and steel, it evokes beauty and progress as it rises above the culturally rich Ho Chi Minh City.

Carlos Zapata

An award-winning architect whose past achievements include a 22-storey Cooper Square Hotel in the heart of New York City as well as Chicago’s Soldier Field Stadium. Mr. Zapata is also the Design Architect for the J.W. Marriott Hotel in Hanoi, another Bitexco project.


Located in the Central Business District of one of the world’s fastest growing economies, Bitexco Financial Tower stands at the heart of Ho Chi Minh’s Financial Centre. Situated at Nguyen Hue, it is strategically positioned to attract leading financial, banking, insurance and legal companies, both local and global.

With its central location and accessibility from the rest of the city, it is well connected to the Saigon Bridge, Thu Thien Tunnel, Tan Thuan Bridge, and in close proximity to the Tan Son Nhat International Airport.


Observation deck: See the bigger picture from the high point of Ho Chi Minh City, Bitexco Financial Tower’s observatory deck. At Level 47, you will enjoy stunning 360° views of the cityscape and the Saigon River. Destined to be the highlight of any trip to Vietnam, visitors can experience a top-of-the world feeling and get a closer look at the spectacular sight by the binocular stands.

Heli Pad: Beat the traffic and set off for work in style. Arrive on the helipad at the 50th level, and be on time for your next important meeting in the adjoining executive club. Sometimes it’s not about getting from Point A to B but how you get there that matters.

Executive lounge: An exclusive, members only club is a perfect retreat for a corporate function where you can entertain and impress your clients in privacy. Or indulge in an exquisite meal at a restaurant as you talk about the details of your next project. It brings new meaning to business lunches – a place that truly inspires a different conversation.

Offices & Amenities

It’s the details that make business a pleasure.

· Grade A+ Offices: Complete shell units with acoustic fiber boards, high ceilings, air-conditioning and unique light diffusers for ambient lighting.

· Double-decker elevators: The third in the world to have the innovative double-decker elevators with a personalised destination dispatch system, capable of reaching 7 metres per second.

· Safety: Complying with American fire safety standards, NPFA – the most widely adopted fire safety standards for modern skyscrapers, the Tower is built with fire sprinklers, pressurised stairwells and an automatic fire evacuation programme.

Shopping & Dining

Expect to be wowed by a retail galleria with a difference. Step into a world of pleasures where you will be indulged by 6 stories of fine fashion and exquisite cuisine.

An unprecedented shopping experience meets world-class dining here with a mélange of select boutiques, lifetsyle retailers, a chic bistro, wine bar and a food emporium that is a pure melting pot of tastes and cultures from around the world.

Consultant team

To realise this vision, Bitexco has assigned Korean firm, Hyundai E&C, who is currently constructing the world’s second tallest building, Incheon 151 Tower in Korea, to be its main contractor. Their experience in constructing skyscrapers is unparalleled, and has maintained the highest standard in construction techniques.

The complex shape of Bitexco Financial Tower required the experience of a world-renowned structural engineering firm, LERA, who is responsible for designing the foundations of the Shanghai World Financial Tower. This has instilled confidence in the construction of Bitexco Financial Tower, and brought to life an icon of sheer inspiration and innovation.

The Tower boasts an advanced Otis double-decker lift system with the state-of-the-art Compass Destination System from the USA, currently used in only the world’s highest profile buildings. Eagon from South Korea is responsible for the challenging and stunning ‘curtain wall of glass’ that elegantly drapes the Tower.

To ensure the timely completion of the project, it was crucial to create synergy between the complexity of many cultures, languages and various areas of expertise. An experienced project manager with an established history of undertaking projects of this magnitude was paramount. It was a clear choice for Bitexco to appoint American firm, Turner International, who successfully managed the construction of Burj Khalifa in Dubai, the world’s tallest building.

Developer: Bitexco Group

From a small textile enterprise in Thai Binh Province in 1985, to a multi-industrial corporation 25 years later, Bitexco has achieved much success in real estate investment and development, hydro-power plant construction investment, infrastructure and road construction, financial investment, mining investment and mineral water manufacturing, amongst other businesses.

Leveraging on its experience and expertise, Bitexco has developed various high profile projects in Hanoi and Ho Chi Minh City such as The Manor in Hanoi and Ho Chi Minh City, The Garden in Hanoi, Bitexco Office Building and J.W. Marriott Hanoi Hotel. Other current large-scale developments underway include Nguyen Cu Trinh quadrangle complex, Ben Thanh Complex and the Hoang Mai Urban Complex.

In the relentless pursuit of growth and prosperity, Bitexco has built its fame with Vietnam’s sustainable development and global integration. The key to success is the vision of its leaders, the reliability of its partners and the loyalty of its patrons. Bitexco’s aim is to become the top corporation of Vietnam and to create quality and state-of-the-art products and services, while exceeding the expectations of its customers.

For further information, please contact:

Bitexco Group
HCMC Branch: Bitexco Building – 19th Floor.
19-25 Nguyen Hue Street, Ben Nghe Ward, District 01, HCMC
Tel: 84.8.382 1033 – Fax: 84.8.3821 1005

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