The “Shark Jaw” building is an iconic landmark in the capital city, housing many renowned brands. Various businesses are leasing spaces and advertising on this prominent structure, which is currently managed and operated by Transerco (a state-owned enterprise under the Hanoi People’s Committee).
On March 7th, a Transerco representative revealed that a subsidiary of the company primarily manages the building’s services. Additionally, four enterprises lease spaces for their operations. Some businesses opt to place advertisements in suitable locations on the building without directly conducting business there.
Regarding the city’s plan to demolish the “Shark Jaw” building, the company stated that they only learned about it through the news media and have not received any official notification.
According to TS.KTS Dao Ngoc Nghiem, Vice President of the Vietnam Urban Planning and Development Association, the “Shark Jaw” building is a testament to the city’s developmental history. He shared that the building’s architecture is lower towards the Dong Kinh-Nghia Thuc Square, creating a sensible spatial arrangement. Over the years, through repairs and renovations, the public has gradually accepted and embraced its unique architectural style.
The “Shark Jaw” Building
Mr. Nghiem further highlighted the building’s significance as a large-scale commercial and service complex involving domestic and foreign enterprises. It serves as a vital link between Hoan Kiem Lake and the central area of the Old Quarter (Hang Dao, Hang Duong, Hang Ngang). The building also offers a beautiful vantage point for tourists to admire the lake. For these reasons, he emphasized the need for caution in deciding whether to demolish the “Shark Jaw” building.
Constructed between 1991 and 1993, the building’s design is attributed to architect Ta Xuan Van. Its distinctive name, “Shark Jaw,” derives from its facade, which features protruding blocks resembling a shark’s teeth. Prior to its construction, the site was a single-story management point for Hanoi’s tram lines.
Following the anticipated demolition of the “Shark Jaw” building, relevant authorities plan to explore the possibility of constructing approximately three basement levels and propose specific functions for the new structure.
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