Local manufacturers may use flexible workspace options as a way of reducing operating expenses, by taking up flexible space instead of traditional office space and putting more emphasis on capital injection into the core business. A lack of A - grade office space in Ho Chi Minh City is forcing local co - working businesses that can not 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 . It revealed the city had one of the highest penetration rates of flexible housing in the Asia - Pacific region , at 80 % , partly because of a shortage of high - tech space , and predicted the supply of co - working space , which grew annually by 31 % between 2014 and 2017 , will increase exponentially in the next few years .
A lack of A - grade office space in Ho Chi Minh City is forcing local co - working businesses that can not 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 . It revealed the city had one of the highest penetration rates of flexible housing in the Asia - Pacific region , at 80 % , partly because of a shortage of high - tech space , and predicted the supply of co - working space , which grew annually by 31 % between 2014 and 2017 , will increase exponentially in the next few years .