NEW

Brand Fit Snapshot

Best for:

Hypermarket TrafficDaily Essentials & GroceryQuick-Service DiningNational ChainsValue & Discount Retail

Not ideal if:

Ultra-Luxury Positioning
Want to know if your brand fits?
Quick assessment - takes 30 seconds
Check Your Fit

GO! Thang Long is a mid-tier shopping mall in Hanoi, Vietnam, located at 222 Tran Duy Hung Street, Cau Giay District.

Spanning 60,000 square meters of gross leasable area across three levels, it was built in 2009 and underwent a comprehensive renovation completed in December 2025, enhancing its modern appeal. The property hosts 198 stores focused on everyday consumer needs, with a tenant mix comprising approximately 40% groceries and essentials anchored by GO! Hypermarket, 30% budget-friendly fashion and accessories from local and mid-range brands, plus electronics, household goods, and food and beverage outlets including Lotteria and KFC.

Occupancy rate is 86%, matching Hanois 2025 retail average of 85.4%, with 14% vacancy equating to 5,000 square meters available. Prime rent levels average 50 USD per square meter per month, while secondary spaces range from 20-35 USD, supported by flexible 3-5 year lease terms suitable for small retailers. Annual footfall totals 10 million visitors, with average monthly figures around 833,000 and a projected 5% growth, driven by 90-minute dwell times and 25% conversion rates yielding sales of 6,000 USD per square meter.

The primary 5 km catchment area covers 1 million residents, primarily urban professionals, families, and students with median age 33, household size 3.6, 30% tertiary education rate, and median annual household income of 15,000 USD, fostering steady demand for essentials.

Market position as a convenient local hub benefits from high tenant diversity, promotional events, 20% loyalty program penetration, and 40% click-and-collect adoption.

Leasing advantages include lower rents compared to upscale malls, steady local demand, and operational support like CCTV security. However, challenges include aging pre-renovation infrastructure potentially raising maintenance costs, traffic congestion impacting access, category saturation in budget segments, and risks from e-commerce penetration at 75% diverting non-essential spending.

For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

Hours of Operation

Hours

Checking...
Monday08:00 AM — 10:00 PM
Tuesday08:00 AM — 10:00 PM
Wednesday08:00 AM — 10:00 PM
Thursday08:00 AM — 10:00 PM
Friday08:00 AM — 10:00 PM
Saturday08:00 AM — 10:30 PM
Sunday08:00 AM — 10:30 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

No. 222, Tran Duy Hung Street, Hanoi, Vietnam

Insights

Demographic Profile

The 5 km catchment area around GO! Thang Long includes about 1 million people in Cau Giay District, targeting urban professionals, families, and students. Median age is 33 years, with average household size of 3.6 persons and 30% tertiary education rate. Median annual household income stands at 15,000 USD, supporting mid-range retail. Per capita annual retail spending totals 450 USD, allocated as 200 USD to groceries, 100 USD to apparel, and 150 USD to electronics. Population growth is 2.22% annually, with unemployment at 2.22%, indicating a stable local economy that favors essential goods but limits high-end category performance amid rising e-commerce adoption among younger demographics.

Competitive Landscape

GO! Thang Long operates in Hanois saturated mid-tier retail market totaling 1.4 million square meters, with 86% overall occupancy and 10-15% projected growth. Key competitors include nearby Aeon Mall Cau Giay, expanding by 13,658 square meters in 2025 with entertainment focus, and Vincom Mega Mall Royal City in adjacent Thanh Xuan emphasizing luxury. High competitor density in Cau Giay heightens risks of footfall diversion, particularly for discretionary categories. E-commerce penetration at 75% and 40% click-and-collect adoption add pressure on physical stores, potentially impacting non-essential tenants and requiring strong promotional strategies to maintain relevance in a market shifting toward upscale or online options.

Accessibility and Infrastructure

The mall offers good accessibility via direct street access and proximity to public transport, but medium traffic levels and congestion on Tran Duy Hung Street pose challenges, especially during peak hours. It provides 1,500 parking spaces, operating from 8 AM to 10 PM daily. Post-2025 renovation improves operational quality with modern facilities, CCTV security, and low crime rates. However, the 2009-era base structure may still incur higher maintenance costs despite upgrades. Strengths include high access for local residents within 5 km, but drawbacks like traffic hinder broader catchment draw, affecting footfall consistency and emphasizing the need for efficient logistics in Hanois urban environment.

Building Details

Property Type
Shopping Centre
Gross Leasable Area
13,105
Year Built
2009
Parking Spaces
1500
Average Monthly Footfall
183,333
Owner
Central Retail Corporation
Anchor Tenants
GO! Hypermarket, Lotteria, KFC, various retail brands

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
20 km
Catchment area population
1,000,000 People
Population growth rate
2.5 %
Median age
32 Years
Household size
3.0 Persons
Education level (tertiary)
40.0 %

Median household income
8,000 USD per year
Unemployment rate
2.2 %
Cost of living index
45 Index (US=100)

Retail spending per capita
1,500 USD per year
Spending on apparel
200 USD per year
Spending on groceries
600 USD per year
Spending on electronics
150 USD per year

Annual foot traffic
2,200,000 Visitors
Dwell time
50 Minutes
Conversion rate
25.0 %
Sales per square meter
7,500 USD per year

Number of retail stores
200 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
Medium Density
Tenant diversity
High Diversity
Unique Concepts
Yes Presence

Gross Leasable Area
13,105 sqm
Number of Levels
3 Levels
Average rent per square meter
25 USD per month
Vacancy rate
5.0 %
Lease term flexibility
3-5 years Years
Available retail space
2,000 sqm

Proximity to main roads
High Proximity
Public transport access
Good Access
Parking spaces
1,500 Spaces
Pedestrian traffic
High Traffic

E-commerce competition
High Competition
Click-and-collect adoption
20.0 %
Internet penetration
80.0 %

Retail crime rate
Low Rate
Security measures
Comprehensive Measures

Promotional events
Frequent Events
Loyalty program penetration
30.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
7.0 %
New tenant pipeline
Yes Pipeline
Mall expansion plans
nan Plans
City Snapshot
Hanoi

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
Get City Snapshot
City Snapshot Report Preview
Sample

Discover more shopping centers in Hanoi.

Top retail destinations across Vietnam.

For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

City Snapshot
Hanoi

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
Get City Snapshot
City Snapshot Report Preview
Sample