The 461.2-metre-tall (1,513 ft), 81-story building is located where theNewport logistics base was on the western banks of theSaigon River inBình Thạnh District, the northeast side of Ho Chi Minh City's historic center and to the immediate southern side ofSaigon Bridge. The tower is built at the heart ofVinhomes Central Park, a $1.5 billion high-endmixed-useurban development. The development comprises anAutograph Collection hotel (developed byVinpearl and originally known as Vinpearl Landmark 81 Hotel) with conference facilities, luxury apartments, the Vincom Center Landmark 81 Mall (the second high-end retail spaces of Vingroup in Ho Chi Minh City after theVincom Center Đồng Khởi),officetel, restaurants, bars, and a multi-story observation deck.
The ground-breaking opening ceremony for the tower was held on 13 December 2014. In October 2017, construction reached floor 69, and with a height of 270 metres (890 ft), it already surpassed theBitexco Financial Tower to become the tallest building in Ho Chi Minh City. By January 2018, all floor construction was completed, with only the spire and crown remaining unfinished. On 10 April 2018, the last segment of the crown spire was added, completing Landmark 81.[4] The building's base, which takes up 6 floors with a total space of 50,000 m2 (540,000 sq ft), was opened on 26 July 2018 to mark the 25th anniversary of its owner's parent company,Vingroup.[5] The observation deck, namedSkyView, opened on 28 April 2019. The deck, spanning from floor 79 at 369.65 m (1,212.8 ft) to floor 81 at 382.65 m (1,255.4 ft), is currently Vietnam's highest observation deck. Tickets range from 403,000 Vietnamese dong (US$$17.40) for children to 810,000 dong (US$34.80) for adults.[6][7]
On 21 September 2022, anAutograph Collection hotel opened in Landmark 81. The hotel commences from the 47th floor to 71st floor of the skyscraper, housing 223 rooms.
On 11 August 2018, around 15:48, black smoke was emitted from the 64th floor due to welding activities. The smoke was quickly controlled and did not cause any property damage.[9]