Vinhomes has recently introduced an innovative concept with the launch of GreenHub, a smart and eco-friendly parking structure. GreenHub is Vietnam’s first dedicated parking facility for electric vehicles.
Located in the Ocean Park 1 urban area of Hanoi, GreenHub boasts a substantial footprint with six floors of parking space, plus an additional floor for commercial services and parking. Spanning over 14,220 square meters, the project is expected to be delivered by mid-2026.
GreenHub is designed to offer nearly 390 designated parking spots, each equipped with charging stations and a 43-year ownership term. During the initial phase, each parking spot will be priced at VND 499 million, which is a discounted rate for early buyers. Investors can expect to pay approximately VND 970,000 per month, excluding management fees.
An artistic rendering of the GreenHub electric vehicle parking structure in Ocean Park 1.
Vinhomes intends to prioritize the sale of parking spots to residents of the Ocean Park 1 project. Should there be any remaining spots, the company will consider offering them to external investors.
According to Vinhomes, owners of these designated spots will have the flexibility to use, rent out, or franchise their charging stations. Each parking spot will be accompanied by a certificate of usage rights, recognized as equivalent to other real estate properties.
Currently, Hanoi faces a significant challenge as the land area dedicated to static traffic and public parking lots can only meet 8-10% of the total vehicle demand. Consequently, 90% of vehicles are parked on vacant lots, public areas, commercial centers, apartment buildings, office headquarters, or even residential areas. This severe shortage of parking spaces has led to chaotic parking situations on vacant lots, sidewalks, and even roadsides.
In a recent development, Prime Minister Pham Minh Chinh issued Directive 20 on July 12, 2025, addressing urgent tasks to tackle environmental pollution. The directive includes instructions for Hanoi to consider increasing parking service fees in the city center for vehicles using fossil fuels. This pricing strategy is intended to be implemented from the third quarter of this year and adjusted annually as a measure to discourage the use of gasoline and diesel vehicles.
