Ho Chi Minh City’s office market is likely to witness a transition from a landlord-favorable to a tenant-favorable sector in the new year, according to data released Friday by Knight Frank Vietnam. Capping off a year that proved solid for landlords, this fourth quarter saw moderate year-on-year rent increases for Grade A landlords to the tune of 2.6%, and a positive net absorption mostly coming from the Saigon South sub-market in HCMC, Vietnam’s largest economic hub, according to the real estate firm.

The market for leasing offices in HCM City is improving with the bright spot being combined offices as a viable and cost-optimal solution, according to Savills Vietnam.

The workplace and workplace experts have never been more focused on productivity and maximizing it than ever before. The pandemic and the switch to remote work have posed some serious conundrums when it comes to keeping people focused, motivated, and high-performing.

Most large office buildings have a business center, so what is a business center? What kind of service can it provide to you? Let’s find them out.