Vietnam’s high aim of attracting international investors has generated an increasing demand for office space in a relatively short amount of time, thus also creating the opportunity for the rise of the flexible workspace as a perfect alternative for businesses to enter the market.
According to Greg Ohan, CEO and Co-Pioneer of The Sentry, which operates a 6,300 square meter space in central Ho Chi Minh City, and will soon cut-the-ribbons on three further locations in the southern metropolis, comments: “We are seeing a huge drive toward flexible and affordable workspaces from organisations nationwide. Companies are looking for spaces that can scale up with them, and do not want to commit to long leases and significant cap-ex for renovations and fit-outs. Enterprises are also focused spaces they regularly use – they don’t want to be carrying rental costs on rarely used meeting and function and training spaces, for example. They are looking to use those only when they need them, and not carry them month-to-month.”
Entrepreneurs and start-ups as key sectors finding themselves drawn toward co-working, a finding that Ohan’s experience mirrors, citing larger, regional companies with local operations of up to 50 staff, notably in the tech sector – as a sweet-spot for The Sentry.
For the full article: Coworking trends rumble on (vir.com.vn)
YOU MAY BE ALSO INTERESTED IN
How To Build Strong Communities Through Events
We live in a time where we are more connected online than ever before. You can send a message to a friend in London while you sit in a coffee shop in Ho Chi Minh City. We have video calls and instant messaging apps that keep us in touch every minute of the day. Yet […]
How to Choose the Right Coworking Membership
Choosing a coworking membership sounds simple until you actually start looking. You realize quickly that “coworking” is a broad term covering everything from coffee shops with fast internet to high-end corporate suites with concierge service. Some spaces feel like vibrant libraries; others feel like networking mixers that happen to have desks. Some are perfect for […]
The Role of Ergonomics in Coworking Spaces
Did you know that the average office worker spends about 1,700 hours a year sitting in front of a computer screen? It is no surprise that many of us go home with stiff necks and aching backs. We often accept this discomfort as a normal part of having a job. We think that tiredness and […]
Interested in this location?
Complete the form below to book a tour or connect with one of our team members to find out more.
