The Iron Bank Cocktail Vault – A “Steel Safe” Speakeasy in District 1

Quick facts

📍 Address: 47 Ton That Dam, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City
🕒 Opening hours: 17:00 – 01:00 daily
🍸 Happy hour: 17:00 – 20:00 daily, 30% off every cocktail in the “Old Money” group
🎸 Live acoustic: every Saturday, 20:30 – 23:30
📞 Venue hotline: 0903 135 250
🎟️ Book through Vibes Saigon: 0966 877 714 (Zalo/WhatsApp), free of charge

The Iron Bank – Cocktail Vault is one of the longest-running speakeasies still operating in central Saigon: open since 2017, hidden inside an old apartment block on Ton That Dam, a few minutes on foot from Ben Thanh Market and the Nguyen Hue walking street. The name comes from a “steel bank” – the interior is styled like a vintage strongroom, with dark timber, amber light and a steel staircase leading up to two upper floors.

What keeps The Iron Bank busy after nearly a decade is not the concept but two very practical things: happy hour 17:00–20:00 with 30% off and the Saturday acoustic night. Everything below is checked against the venue’s own page (2026): opening hours, how the menu is organised, the happy hour programme, the music schedule and how to book.

The room: a “steel safe” inside an old apartment block

The bar sits on an upper floor of an old apartment building – very Saigon architecture, where the ground floor is shops and the floors above are homes or small venues. You climb a steel staircase into a dark timber room, straight onto a long bar counter with whisky bottles lined up and amber light washing over the brick wall.

Two floors serve guests, with modest total capacity – which is why weekends fill up. A few things worth knowing:

• Small room, moderate volume. This is a bar for talking and listening to music, not a club.
• Two floors: the lower floor sits by the bar and the small stage; the upper floor is calmer and suits groups of 4–6.
• Saturday is the busiest night because of the live acoustic set, so book ahead if you want a table near the stage.

A menu in seven sections – the fastest way to order

The Iron Bank’s menu is organised into clear sections so you can choose quickly without reading the whole book:

• Signature (New Money) – the bar’s creative cocktails, modern in style.
• Old Money – the classic cocktail group; this is the section discounted 30% during happy hour.
• Local & Highball – highballs and drinks built on local ingredients, light and easy.
• Combo, Beer & Mocktail – group combos, beer and non-alcoholic drinks.
• Shot & Bottle – shots and full bottles for larger tables.
• Bar snack – light bites to go with the cocktails.
• Dinner menu – dinner dishes for guests arriving early.

The venue does not publish prices as text on the web (the menu is an image). This guide therefore quotes no figures – ask for the exact price on +84 966 877 714 or the venue hotline 0903 135 250.

Happy hour 17:00–20:00: 30% off Old Money cocktails

This is the bar’s standing daily programme rather than a short promotion: from 17:00 to 20:00 every cocktail in the Old Money group is 30% off. Because that group covers classics such as negroni, old fashioned and martini – the foundation drinks you use to judge a bartender – this window is especially good for anyone new to cocktails.

If you come as a group and want to keep the bill down, a sensible plan is to arrive at 17:30, order from the Old Money list during happy hour, have a light bite at the bar, then move to the Signature list after 20:00.

Live acoustic every Saturday, 20:30–23:30

Every Saturday the bar hosts an acoustic band from 20:30 to 23:30. That is why Saturday is always the fullest night of the week and why the atmosphere is noticeably different from weeknights: guests arrive early to get tables near the stage, the music is softer and there is more back-and-forth with the band.

If you want the music, book at least a day ahead and note in your booking that you want a table near the performance area. If you want a quiet conversation, pick a weeknight or go upstairs.

Which time slot should you pick?

Booking and practical notes

• Book ahead, especially on Saturday. The room is small, split over two floors, and music nights fill early. Book through the Vibes Saigon hotline +84 966 877 714 or the venue’s own page.
• The address is inside an old apartment block: 47 Ton That Dam, Nguyen Thai Binh Ward, District 1. Find the street number and walk up the stairs – there is no big shopfront.
• Dress code: smart casual. This is a cocktail bar, not a club.
• Larger groups: from 6 guests, call ahead so tables can be joined or the upper floor held.
• Parking: the street is narrow, so park in the car parks around Ben Thanh Market or take a Grab.

Frequently Asked Questions about The Iron Bank Cocktail Vault

Where is The Iron Bank?

47 Ton That Dam, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City – inside an old apartment block, a few minutes on foot from Ben Thanh Market and the Nguyen Hue walking street.

What time does The Iron Bank open?

The bar opens 17:00–01:00 daily, every day of the week, according to the venue’s official page.

When is happy hour and how much is the discount?

Daily 17:00–20:00, 30% off every cocktail in the Old Money section of the menu.

Which night has live music?

Every Saturday, an acoustic band plays from 20:30 to 23:30. It is the busiest night, so book ahead.

How much are drinks at The Iron Bank?

The bar does not publish a text price list online. Ask for the exact price on the Vibes Saigon hotline +84 966 877 714 or the venue hotline 0903 135 250 – and check whether the price includes VAT and service charge.

Is it good for large groups or birthdays?

The bar has two floors and takes groups, but capacity is modest. For 6 or more guests, give 1–2 days’ notice; for larger parties, ask about holding the upper floor.

The Iron Bank – Cocktail Vault at 47 Ton That Dam, District 1: a speakeasy open since 2017, trading 17:00–01:00, happy hour 17:00–20:00 with 30% off Old Money cocktails, acoustic night every Saturday 20:30–23:30. Free table booking on +84 966 877 714.

Building a District 1 evening around it

The Iron Bank sits on the edge of the old financial quarter, very close to Ben Thanh Market and Nguyen Hue walking street. A comfortable plan: happy hour at 17:30 at The Iron Bank, dinner around Ben Thanh, then STIR or a rooftop for the view.

STIR Modern Classic Cocktail · Social Club Rooftop Bar · Blank Lounge Landmark 81 · District K · Saigon nightlife map · Vietnam nightlife top list · Free table booking

Sources: the venue’s official page (theironbankcocktailvault.my.canva.site) and the The Iron Bank – Cocktail Vault Facebook page, checked October 2026. Hours and the happy hour programme can change – confirm by phone before you go.