Petroleum Financial Center Headquarters – 22 Ngo Quyen, Hanoi
Project Overview
IBSTAC Architects & Planners (IBSTAC) — formerly the Architecture Department of the Institute for Building Science and Technology (IBST) — collaborated with Cordinach Architects (Spain) to design the Petroleum Financial Center Headquarters in Hanoi.
The project features a 9-storey office tower with 4 basements, symbolizing modernity, financial strength, and the progressive vision of the Vietnam Oil and Gas Group (PetroVietnam).
Project Information
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Project Name: Petroleum Financial Center Headquarters
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Category: Office – Financial Headquarters
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Location: 22 Ngo Quyen Street, Hoan Kiem District, Hanoi, Vietnam
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Design Units: IBSTAC Architects & Planners & Cordinach Architects (Spain)
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Client: Vietnam Oil and Gas Group (PetroVietnam)
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Completion Year: 2012
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Scale: 9 above-ground floors, 4 basements
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Total Land Area: 1,405 m²
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Total Investment: Approximately 300 billion VND
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Design Concept
The Petroleum Financial Center Headquarters is conceived as a modern and dynamic financial office, expressing the prestige and stability of Vietnam’s energy and finance sector.
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Architectural form: Strong, minimalist lines conveying professionalism and authority.
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Spatial planning: Efficient floor layouts optimized for office, conference, and financial operations.
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Facade treatment: High-quality materials and curtain-wall glass system ensuring transparency and natural light.
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Sustainability: Integration of ventilation and daylighting solutions for energy efficiency and occupant comfort.
Architectural Significance
Located at 22 Ngo Quyen Street, one of Hanoi’s most prestigious addresses, the building stands as a symbol of innovation and international collaboration, merging Vietnamese expertise with European design excellence.
The Petroleum Financial Center Headquarters marks an important milestone in IBSTAC’s early development, demonstrating the firm’s capacity to deliver high-end, sustainable corporate architecture.
About IBSTAC Architects & Planners
With over 20 years of experience, IBSTAC Architects & Planners has consistently pursued the mission of creating unique, innovative, and comprehensive design solutions that meet international standards.
Notable projects include:
In 2020, IBSTAC was honored among the Top 10 Architecture Firms in Vietnam at the BCI Asia Awards, reaffirming its reputation in the regional architectural industry.
Proudly operated and developed by 100% Vietnamese architects and experts, IBSTAC continues to realize its vision:
“Design for a Better Life.”
