Press release

22 October 2010

Foster + Partners first project in Vietnam breaks ground

A ground-breaking ceremony has been held for VietinBank Business Centre, Foster + Partners' first project in Vietnam. Bringing together the Banks headquarters, conference, hotel and leisure facilities, the landmark towers are strategically located between central Hanoi and the airport, demonstrating the emergence of Vietnam as an international financial centre.

The 300,000-square-metre mixed-use development comprises two towers, connected by a seven-storey podium building containing conference facilities, luxury shops, cafes and restaurants and topped by roof top gardens. The taller tower, at 68-storeys, will provide an energy-efficient new headquarters for VietinBank, one of Vietnams largest banking groups. The second, 48-storey tower will house a five-star hotel, spa and serviced apartments.

The scheme has a progressive environmental agenda and is designed to mitigate the effects of the areas high levels of humidity using a low-energy, desiccant wheel. The system draws in humidity, separating the water from the atmosphere and exhaling hot, dry air, which can then be cooled by ground water and released back into the buildings. This is the first time this technology has been applied in the region on such a large scale. A serrated facade, made up of projecting fins at 4.5-metre intervals, provides both shade and a unit of measurement for cellular offices around the perimeter of the floor plate.