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Diamond Plaza is owned by the International Business Center Company Ltd., a joint venture company owned 40% by Vietnam Steel Corporation (Vietnam), 10% by POSCO E&C Co., Ltd. (Korea) and 50% by Lotte shopping Holdings (Singapore) Pte. Ltd.

 

The serviced apartment building comprising of 42 luxury serviced apartments and the grade A office building opened in 1999 and was followed by the Diamond Department Store in 2000.

 

03/1995:

The Vietnamese & South Korean governments approved the investment and joint venture.
 

04/1995:

The International Business Center Corporation (IBC Corp.) was established as a joint venture between Vietnam Steel Corporation and POSCO E&C.
 

09/1995:

Construction of Diamond Plaza commenced.
 

05/1999:

The construction of Diamond Plaza was completed and the office and apartment buildings opened.
 

08/2000:

The Diamond Department Store opened for business.
 

04/2012:

The expansion of the Diamond Department Store was completed with the opening of the 4th floor refurbishment.

11/2014:

A new joint venture contract was made on 18th November, 2014 between Lotte Shopping Holdings (Singapore) Pte. Ltd., Vietnam Steel Corporation and POSCO Engineering & Construction Co., Ltd.