At 8.1 per cent, Ho Chi Minh City has one of the highest CBD penetration rates of flexible workspaces in the Asia-Pacific, primarily due to its relatively limited Grade A office stock. A lack of A-grade office space in Ho Chi Minh City is forcing local co-working businesses that cannot compete with international giants such as Regus and WeWork to turn to B-grade and retail space formats to meet demand, according to a report by JLL. The report, which looked at the growth trends for Vietnamese companies based on their market share from 2015 through 2017, found that while there are more than 100 offices across Vietnam, only about 20 percent have been built
A lack of A-grade office space in Ho Chi Minh City is forcing local co-working businesses that cannot compete with international giants such as Regus and WeWork to turn to B-grade and retail space formats to meet demand, according to a report by JLL. The report, which looked at the growth trends for Vietnamese companies based on their market share from 2015 through 2017, found that while there are more than 100 offices across Vietnam, only about 20 percent have been built