{"data":{"news":{"items":[{"title":"Vietnam’s contractor Ricons wins contract for new mixed-use development in Hanoi","date":"2025-05-28 21:59:02","id":5864,"author":"","blurb":"","blurb_image_uid":"https://dxfpracgmlczp.cloudfront.net/2025/05/1748440764596_Du-an-khu-phuc-hop-Giang-Vo-3-1536x960 copy 2.jpg","blurb_expanded_image_uid":null,"article":"\n\t\n\n\n

Vietnam-based contractor Ricons has secured a contract for the Giang Vo mixed-use complex in Hanoi. Located in the city’s Ba Dinh district, the project is being developed by Pacific Thang Long Co Ltd.

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Designed as a modern, multifunctional development, this mixed-use complex will feature a high-end hotel, Grade A office spaces, premium commercial services, and a variety of upscale amenities. It is expected to become a new architectural landmark, reshaping the landscape of Giang Vo – one of Hanoi’s most dynamic growth areas.

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For the project, Ricons is responsible for delivering the piling and structural works, including diaphragm wall enhancement, bored piles, reinforced concrete structures for the foundation, basement, superstructure and finishing works.

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Covering a total land area of 12,066 sq m, the Giang Vo complex will have two main structures: a 19-storey hotel tower with two basement levels and a total of 350 guest rooms, as well as a 21-storey office block with two basement levels.

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Image: Ricons

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Construction of Lumi Hanoi residential project in Vietnam has begun. A ceremony to mark this milestone was recently held on 11 November 2024.

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Located in western Hanoi, the project is being developed by CapitaLand Development (CLD) – part of Singapore’s CapitaLand Group – with Newtecons, Ricons and Sol E&C engaged as the main contractors. When completed, it will provide approximately 4,000 apartments across nine towers ranging from 29 to 35 floors.

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In its announcement, Sol E&C said the three contractors will undertake the core structural works, finishing works (for basements and superstructures), interior finishes for lobbies and typical corridors, MEP systems, facade, infrastructure, landscaping, etc. throughout the project.

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Lumi Hanoi was officially launched in November 2023. It features a variety of apartment types, from one-bedroom units of 42 sq m to four-bedroom units of 135 sq m. Duplex units and penthouses, with areas ranging from 115 to 410 sq m, will also be offered.

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Sol E&C further mentioned that the project will incorporate sustainable features, including 4.3 ha of lush landscaping, a rainwater harvesting system, an ecological pond, biodiversity systems, and designated charging stations for electric vehicles and bicycles.

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All images: Sol E&C

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