VIETNAM REAL ESTATE INVESMENT MARKET OVERVIEW AND OUTLOOK Q2.2023



PERFORMACE

The rent remains at a steady level.

Stable rental prices were observed in the office market of Ho Chi Minh in Q2 2023.However, the occupancy rate slightly decreased compared to the previous quarter, with Grade A offices reaching 92% and Grade B offices achieving 75%. Additionally, the average rental prices remained relatively unchanged, with Grade A offices ranging from 41-67 USD/sqm/month and Grade B offices around 36 USD/sqm/month. New projects entering the market in outer CBD areas showed a promising occupancy rate of approximately 20-25%. Furthermore, investor are actively seeking tenants, and it is expected that the occupancy rate will increase in the near future.

Source: Colliers (Vietnam)

Source: Colliers (Vietnam)




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VIETNAM NEWS HIGHLIGHTS - NOVEMBER 2021
The Vietnamese economy is actively recovering with a rebound in industrial production and retail sales, continued trade surplus and stabilized credit growth, a World Bank (WB) update says.
HCMC office-leasing market recovers after pandemic.
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.
VIETNAM NEWS HIGHLIGHTS - AUGUST 2021
The Vietnamese Government is showing its drastic actions to implement its vaccine diplomacy policy for containing the Covid-19 pandemic to soon return to new normal life and recover the manufacturing nationwide.
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Maintaining a work/life balance is easy when you’re a sole trader, right? You typically work from home and you have no one else to answer to, so it should be easy to switch off. Unfortunately, that’s not always the case. In fact, many home-based sole traders struggle to strike a healthy work/life balance because the lines are more blurred.
How to make a QR code for your office for customer health declaration during the Covid-19 pandemic
A QR code can raise the possibility of customers checking in before entering your office, therefore easy for you and the Government to keep track of the number of people checking in/ out and contact those exposed to Covid-19.
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