In a notice issued on July 10, Vietnam Joint Stock Commercial Bank for Industry and Trade ( VietinBank ) said it is carrying out necessary procedures to transfer the VietinBank Headquarters Building project at lot TM1 of Nam Thang Long Urban Area, Phu Thuong Ward, Hanoi City (project).

According to the announcement, investors who have the need to receive project transfers, meet the conditions on project implementation capacity according to the provisions of law and have financial capacity are invited by VietinBank to work to be provided with information, guided on procedures to participate in project appraisal, and negotiate contents related to project transfer transactions.

The deadline for receiving investors' requests for project transfer registration is 5:00 p.m. on July 25, 2025 at the current head office, No. 108 Tran Hung Dao, Cua Nam Ward, Hanoi City (after the above deadline, VietinBank will stop receiving requests and stop providing information).

It is known that the VietinBank Headquarters Building Project at lot TM1 of Nam Thang Long Urban Area, Phu Thuong Ward, Hanoi City is also called the VietinBank Tower Project.

The VietinBank Tower project, expected to become the headquarters of VietinBank, was launched in 2010 with a total investment of more than VND 10,267 billion. The project is located on a land area of nearly 30,000m2 on the road leading to Thang Long Bridge, next to the entrance gate of Ciputra urban area.

According to the original design, VietinBank Tower consists of two high-rise towers. The first tower is 68 stories high, expected to be the bank's headquarters and one of the tallest buildings in Vietnam.

The second tower is 48 stories high. Both towers are connected by a 7-story podium, serving functions such as conferences, seminars, shopping malls, cafes and restaurants.

According to plan, the project was completed in 2014. However, to date, only the 48-storey building has completed its frame, while the most anticipated project, the 68-storey building, has only completed its base.

A 10,000 billion VND tower abandoned on prime land . A project of a bank with an investment capital of 10,000 billion VND has been abandoned for many years, the land is surrounded by corrugated iron and overgrown with weeds.

Source: https://vietnamnet.vn/vietinbank-muon-chuyen-nhuong-toa-thap-nghin-ty-dang-do-2420353.html