Many businesses have struggled due to the COVID-19 pandemic, but co-working spaces have bucked the trend and is expected to expand in the coming time, fuelled by companies seeking flexible leasing contracts, according to Savills experts.
Many businesses have struggled due to the COVID-19 pandemic, but co-working spaces have bucked the trend and is expected to expand in the coming time, fuelled by companies seeking flexible leasing contracts, according to Savills experts.
After announcing plans to expand its presence in Singapore, co-working space provider WeWork set to open two new locations in Vietnam before the end of the year.
UK based Workthere, a website listing platform and brokerage services, has entered the Vietnamese market to help businesses find flexible, co-working and serviced office spaces in a country where co-working has expanded rapidly.
With its decentralised, transparent and high-security features, blockchain is a revolutionary technology expected to drive change in the future and be used in many areas.
The office market in Hanoi was expected to face a shortage of supply with competition between offices for lease and co-working spaces likely to rise in the future, but was performing well at present, according to experts.
Co-working space in Vietnam is growing in terms of both suppliers and types of co-working spaces targeting specific renters, real estate service provider CBRE Vietnam said on May 29.
Start-ups’ activities have expanded and have shown huge potential. However, to lure more foreign investment, the startup community and Vietnamese policymakers need to make greater efforts.
Up Co-working Space and the Vietnam Prosperity Joint Stock Commercial Bank (VPBank) jointly opened a hi-end working space in Hanoi on October 10 to provide maximum support for the Vietnamese start-up community
After a month of its opening, Creative Lab, an incubator for Vietnamese start-up community, has recently held its first event for start-ups focusing on the role of creative hubs in Vietnam in developi
With both local and international operators strongly expanding into co-working in Vietnam, the industry is expected to develop rapidly, experts have said.
The Creative Lab jointly developed by UP Co-working Space and Hanoi Creative City will debut on June 25 in the Hanoi Creative City Complex at No.1 Luong Yen Street, Hanoi.
Singaporean developer CapitaLand and Vietnamese space operator Toong have signed a memorandum of understanding to change the working environment in Vietnam.