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
Why The Sentry is The Best Place to Set Up a Representative Office in Vietnam
If you’re looking to expand your business into Southeast Asia, Vietnam should be at the top of your list. Known for its growing economy, vibrant culture, and strategic location, Vietnam offers incredible opportunities for international businesses. One of the most popular ways for companies to establish a presence in Vietnam is by setting up a […]
Top Large Office Spaces for Lease in Vietnam
Vietnam’s rapid economic growth has led to a surge in demand for large office spaces, especially in bustling cities like Ho Chi Minh City and Hanoi. Whether you’re a multinational corporation or a growing local business, finding the perfect large office space is a priority for success. This guide will take you through some of […]
Why Working In-Office Still Matters: Benefits of the Tradition Workplace
The last year has been full of conflicting opinions around returning to the office. Businesses are still figuring out what works best, balancing employee preferences with company goals. Some have taken a more relaxed approach, while others are firm on having people back working in-office. But the big question remains: What makes working in-office different […]
Interested in this location?
Complete the form below to book a tour or connect with one of our team members to find out more.
