Vietnam Construction and Import-Export Corporation (VINACONEX) on April 22 officially commenced construction on the Capital One mixed-use complex, featuring a commercial center, office space, serviced apartments, and an internationally standardized hotel.

The project aligns with the Prime Minister’s directive to organize groundbreaking and inauguration ceremonies for key infrastructure projects celebrating the 50th anniversary of the Liberation of the South and National Reunification (April 30, 1975 – April 30, 2025).

Capital One is being developed on a site of more than 11,700 sq.m within the Kim Van – Kim Lu New Urban Area in Dai Kim Ward, Hoang Mai District—one of Hanoi’s rapidly growing hubs for infrastructure and urban development.

With a total investment of approximately VND3.9 trillion ($150.5 million), Capital One is designed as a multifunctional complex, comprising a commercial center, Grade A office space, serviced apartments, and a modern hotel built to international standards.

The project spans a total floor area of nearly 202,000 sq.m, including four basement levels and two towers reaching 30 stories. The construction density is limited to 40%, with the remaining space allocated for green landscapes, open areas, and community amenities.