VIETNAM OFFICE MARKET OVERVIEW 2023

Let's review some highlights of the office market in 2023:

- New supply surged in 2023 with the domination of Grade A

- Main leasing purpose: Flight-to-quality relocation

- Finance/Banking/Insurance remain the driving motives

Source/ Read full report: https://www.cbrevietnam.com/insights/books/vietnam-market-outlook-2024


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Việt Nam's economic growth forecast at 7.5 per cent in 2022
Việt Nam’s GDP growth is forecast to surge from an estimated 2.6 per cent in 2021 to 7.5 per cent in 2022, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery.
Why Are Offices Still Important in the Digital Age?
New technologies are changing the way companies work and compete with each other. Technology is not only affecting how companies work but have made an impact in working spaces too. In the past three years, we have seen growing trends of open workspaces and even virtual offices. Although the concepts of virtual offices and open workspaces have some merits and may cater to the needs of working, the traditional concept of ‘the office’ retains many of its benefits
Why should Startups consider starting with a serviced office instead of a traditional one?
Unlike traditional office spaces, a serviced office is usually divided into smaller private offices leased out to different individuals and businesses, so the serviced office is like a mixture of a traditional office and co-working space, where you can benefit both community and privacy.
What Does “Hybrid Work” Really Mean?
Use the right hybrid work tools The best way to support employees in a hybrid work model is to offer them the right tools. By understanding that each person works differently, hybrid managers have a better chance to avoid a toxic productivity environment and improve employees’ mental health when they work from home. For example, managers can run a survey asking for peoples’ preferred working-hours. Another challenge in hybrid work is decision-making. A project can go badly if employees working from home are not considered in the process. Having a transparent way to communicate across departments can improve team accountability. After all, the main goal is to help people to stay motivated and focused at work.
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