According to report of Vietnamese General Statistics Office in Q2 2017, FDI in Vietnam increased 10,4% y-o-y, and this is a reason why the demand for new offices is rising. Therefore, it is no surprise that Ho Chi Minh City’s office supply becomes shortage in this quarter.
However, 2017 is the year of Decentralization with some large scale buildings in non-CBD. One of them is Viettel Tower, which is located in District 10. In the future, District 10 will have benefits from future infrastructure investment such as Metro Line and Roads. In addition, Viettel Tower is the first ever large Grade B office complex in District 10.
In conclusion, Viettel Tower and other new suppliers have adapted the office market demand now and future.
PRESENTERS: Mr. Hieu Le, Director of Industrial and Logistic Services, Vietnam
Mr. Richard Colville, Director of Asset Services, Vietnam