183 Nguyễn Lương Bằng Building: A High-End Office Landmark in Central Đống Đa, Hanoi
Located directly on the major Nguyễn Lương Bằng arterial road, the 183 Nguyễn Lương Bằng Building has become a distinctive architectural highlight and an ideal choice for businesses seeking premium Grade B office space in the central area of Đống Đa District, Hanoi. With a strategic location, impressive design, and investment from Military Petroleum Joint Stock Company (MIPEC), this project delivers a modern, convenient working environment while affirming the prestige and vision of its developer.

Overview of 183 Nguyễn Lương Bằng Building Project
The 183 Nguyễn Lương Bằng Building, also known as the MIPEC headquarters, is a high-end office complex built on a land area of 760m².
Basic Project Information
- Project name: 183 Nguyễn Lương Bằng Building
- Address: 183 Nguyễn Lương Bằng Street, Nam Đồng Ward, Đống Đa District, Hanoi
- Investor: Military Petroleum Joint Stock Company (MIPEC)
- Start of construction: 2009
- Completion time: End of 2010
- Scale: 15 above-ground office floors and 2 basement parking levels
- Built-up area: 447 m²
The project is described as a high-end office complex with a unique and impressive architectural style. The design is inspired by the Red River—an iconic symbol of Hanoi’s history. The building is covered with black glass combined with vertical red glass stripes, creating a dramatic and distinctive appearance, symbolizing both tradition and the dynamic growth of the capital.
Strategic Location and Connectivity
The 183 Nguyễn Lương Bằng Building enjoys a “golden” location in the heart of Đống Đa District. This position not only offers convenient business connectivity but is also surrounded by administrative offices, corporate buildings, and public amenities.
Central Location Advantage
The building is located at 183 Nguyễn Lương Bằng Street, a busy and important route. It is near Ô Chợ Dừa intersection—a major traffic hub connecting central districts with Hà Đông and the Ba Đình political center. This ensures smooth transportation and easy access to other parts of the city.
Surrounding Amenities
Thanks to its central location, businesses working at 183 Nguyễn Lương Bằng benefit from a wide range of high-end services and amenities:
- Approximately 950m to Ô Chợ Dừa intersection (Tôn Đức Thắng – Nguyễn Lương Bằng – Xã Đàn – Khâm Thiên junction)
- About 1km to Đống Đa Lake, offering a green relaxation space
- Near major office buildings such as Mipec Tower, Oriental Tower, and Viet Tower, forming a strong business ecosystem
This prime location enhances employee convenience, strengthens corporate branding, and supports business operations and transactions.

Scale and Interior Design
The 183 Nguyễn Lương Bằng Building is designed specifically for premium office use, featuring 15 above-ground floors and 2 basement levels.
Structure and Floor Area
Built on a 760m² land plot with a 447m² footprint, the building offers a total floor area of approximately 7,600m². Each office floor is designed flexibly and can be divided into various sizes (reportedly from 96m² to 1,200m²), suitable for businesses of different scales.
Internal Facilities
- 2 basement parking levels equipped with mechanical parking systems, optimizing space for cars and motorbikes (motorbike parking fee around 150,000 VND/month)
- High-speed elevators ensuring fast and smooth vertical transportation
- Central air-conditioning system providing a comfortable working environment
- Standard working hours: 8:00 AM – 6:00 PM (Monday to Friday), 8:00 AM – 12:00 PM (Saturday)

Reputable Developer: MIPEC
The developer of 183 Nguyễn Lương Bằng Building is Military Petroleum Joint Stock Company (MIPEC). MIPEC is not only a major name in the petroleum industry but also a reputable real estate developer with several well-known projects in Hanoi, such as Mipec Tower Tây Sơn. The fact that MIPEC serves as both developer and tenant further reinforces the quality and professionalism in the building’s operation and management.
Rental Price and Real Estate Value
Property Value Range
The property value at this project ranges from 92.32 – 108.25 million VND/m². This reflects its prime central location in Đống Đa District and the quality of the Grade B office building.
Office Rental Price
Although exact rental data is not fully specified, additional sources indicate that office rent at Mipec Nguyễn Lương Bằng (Grade B) ranges from $12 – $14/m²/month (excluding service fees and VAT). This is a competitive price compared to similar office buildings in central Hanoi.
The reasonable rental cost, combined with modern facilities and a central location, makes this building an excellent choice for businesses of all sizes seeking a professional and prestigious working environment.

Reasons to Choose 183 Nguyễn Lương Bằng Building
For investors and businesses seeking office space, this building offers outstanding advantages:
- Prime location: Located in central Đống Đa, on a major traffic route with excellent connectivity
- Unique architecture: Distinctive design that enhances brand identity
- Reputable developer: Developed and managed by MIPEC, ensuring professional operation
- Large scale: 15 floors with flexible leasing areas suitable for all business sizes
- Modern facilities: Central air conditioning, high-speed elevators, and 2 basement parking levels
In summary, 183 Nguyễn Lương Bằng Building is not only architecturally impressive but also excels in location and quality. It is a truly ideal workplace, supporting the growth and success of any business operating there.