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Diamond Plaza

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A mixed-use shopping and entertainment complex in central Ho Chi Minh City, Vietnam.

Last updated August 25, 2026

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Overview

Diamond Plaza is a mixed-use commercial complex in downtown District 1 of Ho Chi Minh City, Vietnam. The development combines a shopping-center podium with a 20-story tower containing residential and office space, as well as two basement levels. It was completed and opened for business in 1999, making it an established part of the city's modern retail and urban-development landscape. The complex occupies a prominent central location beside April 30 Park and close to several of Ho Chi Minh City's best-known colonial-era landmarks, including Saigon Notre-Dame Basilica and the Saigon Central Post Office. This location gives Diamond Plaza both a local commercial role and a strong visitor-oriented profile. Its surroundings place it within one of the city's most recognizable civic, tourism, and business districts. Diamond Plaza's retail and leisure facilities have included a Lotte Department Store, Lotte Cinema Diamond Plaza, bowling, restaurants, cafés, and medical services provided by Family Medical Practice Vietnam. The combination of department-store retail, cinema, food and beverage, recreation, and professional services gives the complex a broader role than a conventional shopping arcade. A rooftop helicopter pad is also part of the building's notable architectural and functional features. The building was constructed through a collaboration between South Korea's Posco Construction & Engineering and Vietnam's VNSteel. Its architecture includes a neoclassical-style podium associated with the shopping-center portion of the development, set beneath the taller mixed-use tower. Diamond Plaza therefore represents a Korean-Vietnamese construction and commercial-development connection in central Ho Chi Minh City. As a destination, Diamond Plaza serves several overlapping audiences: office and residential occupants, city-center workers, domestic shoppers, international visitors, and residents seeking entertainment or everyday services. The complex's significance is primarily local and urban rather than international brand-driven. Publicly available reference material identifies its principal facilities and opening period, but does not establish a separately disclosed founder, owner, listed company, financial profile, or detailed current operating structure.

History

Diamond Plaza was developed as a mixed-use complex in central Ho Chi Minh City, in what is now District 1. The project combines a commercial podium with a taller tower containing residential and office space. Its construction involved South Korea's Posco Construction & Engineering and Vietnam's VNSteel, reflecting cooperation between an international construction company and a Vietnamese industrial enterprise. The complex was completed and opened for business in 1999. Its arrival formed part of the modernization of Ho Chi Minh City's central commercial environment during a period when large-scale, professionally managed retail and leisure developments were becoming more visible in Vietnam's major urban centers. Rather than functioning solely as a department store, Diamond Plaza was organized as a multi-purpose destination with shopping, entertainment, food and beverage, services, offices, and residences. The building's location has been central to its identity. It stands next to April 30 Park and near Saigon Notre-Dame Basilica and the Saigon Central Post Office. These landmarks attract residents, office workers, and visitors, giving the complex a setting that links contemporary retail activity with the historic civic core of the city. Its neoclassical-style podium contributes to the building's relationship with the surrounding central district, while the high-rise tower gives the development a distinctly mixed-use urban profile. The shopping-center component has included a Lotte Department Store and a Lotte Cinema Diamond Plaza theater. Other identified facilities include bowling, restaurants, cafés, and a Family Medical Practice Vietnam location. A helicopter pad on the roof is another distinctive feature of the building. Together, these elements position Diamond Plaza as a combination of retail center, entertainment venue, service hub, and mixed-use property rather than a narrowly defined single-purpose store. Public reference material does not provide a detailed chronology of renovations, tenant changes, ownership transactions, management appointments, financial results, or corporate restructuring. Accordingly, the documented history is limited to the project's construction partners, its completion and opening in 1999, its architectural and locational characteristics, and the principal facilities associated with the complex.

  • 1999

    Diamond Plaza opens for business

    [1]

    The mixed-use complex in central Ho Chi Minh City was completed and began operating, combining a shopping-center podium with a 20-story residential and office tower and two basement levels.

Products and positioning

A centrally located mixed-use retail, entertainment, dining, and services destination connected to Ho Chi Minh City's civic and tourism district.

  • Retail property · 1999

    Shopping-center podium

    The lower portion of Diamond Plaza is a neoclassical-style shopping-center podium. It provides the principal public-facing retail and service environment of the complex and has accommodated department-store retail, dining, cafés, entertainment, and other customer-oriented facilities.

  • Department store

    Lotte Department Store

    A department-store operation identified as part of Diamond Plaza's retail offering. It anchors the shopping component with multi-category merchandise and contributes to the complex's role as a central city shopping destination.

  • Cinema

    Lotte Cinema Diamond Plaza

    The cinema component of the complex provides movie entertainment within the Diamond Plaza development. Its presence broadens the site from a shopping venue into a combined retail and leisure destination.

  • Entertainment

    Bowling and recreation facilities

    Diamond Plaza has included bowling and related indoor recreation facilities. These offerings support group leisure and family-oriented visits and complement the department-store, cinema, and dining uses in the same complex.

  • Food and beverage

    Restaurants and cafés

    Restaurants and cafés form part of the complex's visitor-oriented offer. They provide dining and refreshment options for shoppers, cinema patrons, workers, residents, and visitors to the surrounding central district.

  • Medical services

    Family Medical Practice Vietnam

    Family Medical Practice Vietnam has been identified as a service occupant within Diamond Plaza. Its presence adds a healthcare and professional-services function to the wider mixed-use development.

  • Mixed-use real estate · 1999

    Residential and office tower

    The 20-story tower provides residential and office accommodation above or alongside the commercial podium. This vertical mixed-use arrangement integrates workplaces and homes with the shopping and entertainment facilities at the base of the building.

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