Vietnam Major Report – Coworking Space In Vietnam 2017

Co-working space has expanded rapidly in the two main cities of Hanoi and Ho Chi Minh City since the concept was first introduced to Vietnam in 2012 at an average growth rate of 58%. With co-working space still so new to the local market, and major international operators yet to enter, growth is set to accelerate further in the coming years.

The growth of co-working space has been driven by the start-up boom, but the model is emerging as a viable option for corporate occupiers thanks to its flexibility, creativity and a wide range of amenities for tenants. It also offers a far more cost-effective solution for tenants compared to traditional leased office space.

CBRE Vietnam’s Major Report on Co-working Space looks at recent growth trends, supply – demand dynamics of the co-working space industry to analyse the implications to tenants and landlords.

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Why Big Corporations Are Moving Into Coworking Spaces?

Some of the world’s largest corporations such as PwC, Apple, Google, Facebook, Linkedin, GE, SalesForce, Amazon, Airbnb, IBM,… are flocking to coworking spaces in search of talent, potential acquisitions and flexible office setups.

Recent Q3 2017 Occupier Survey by the commercial brokerage firm CBRE indicates that 44 percent of corporations are already using some type of flexible open platform office solution. 65 percent of the companies expect to use coworking as part of their office portfolio in the Americas by 2020.

Meanwhile, JLL – a major brokerage firm, predicted that by 2030 up to 30 percent of all office space will be, in some form, flexible or have an open layout design.

Those reports cited a wide variety of factors/motivations for switching to the coworking office space approach:

1) Financial incentives (reduced real estate and logistics costs)

2) Better access to innovators, innovations, talent pools

3) Be close to key partners, new market locations

4) Useful expansion tool to favor adding space on-demand

Are you freelancers, solopreneurs, startups, professionals or event organizers looking for a premium coworking space with nice interior design, central location and reasonable prices in Hanoi, Vietnam? eSpace Coworking provides you with a variety of services such as personal open seats, dedicated offices, meeting rooms and venue booking.

Check us out here for more details: espacework.com

Sign up for a free trial service here: https://www.coworker.com/vietnam/hanoi/espace-coworking

Contact us via:

  • Add: 3rd floor, Savina Building, number 1 Dinh Le street, Hoan Kiem district, Hanoi
  • Phone: +84 916806089 (viber, whatsapps, zalo)
  • Email: info@espacework.com

Vietnam Tourism Report Q4 2017 and Forecasts To 2021

Overview of Vietnam Tourism Report Q4 2017 – Includes 5-year forecasts to 2021

1.  BMI View
2.  SWOT
3.  Industry Forecast
4.Industry Risk/Reward Index
5.  Market Overview
6.  Competitive Landscape
7. Methodology

Opportunities

Tax breaks are increasingly offered to foreign developers, encouraging investment in the hotel sector and tour operations.

Growth in arrivals from Middle Eastern countries such as Iran could prove lucrative.

There are extensive real estate opportunities for hotel development, particularly along southern coastlines and in rural areas inland.

Robust tourism based construction efforts support economic activity in the country.

Robust growth from current and new source markets is anticipated out to 2021 in terms of in-bound arrivals.

Threats

Other countries in the region, such as Thailand, are more established tourist destinations for Westerners, with better flight connections.

Recoveries in other regional tourism markets could encourage a shift away from Vietnam.

Any downturn in the global economy could depress inbound arrivals.

Vietnam is vulnerable to extreme weather, such as tropical storms, which impact the tourism sector.

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Vietnam Pharmaceutical and Healthcare  Report Q4 2017 and forecasts to 2026

Overview of Vietnam Pharmaceutical and Healthcare Report Q4 2017 – Includes 10-year forecasts to 2026

1.  BMI View
2.  SWOT
3.   Industry Forecast
4.  Pharmaceuticals & Healthcare Risk/Reward Index
5.  Regulatory Review
6.  Market Overview
7.  Competitive Landscape
8.  Company Profile
9.  Demographic Forecast
10. Methodology

 

Opportunities

Ongoing regulatory reform and the relaxation of the 49% cap on foreign ownership will continue to increase the appeal of Vietnamese pharmaceutical equities to foreign investors.

The Association of Southeast Asian Nations harmonisation initiative, including the adoption of Western regulatory standards such as International Conference on Harmonisation and WHO guidelines.

Introduction of five-year exclusivity for clinical dossier data encouraging research-based multinationals.

If investment can be found for technological improvements, then there is great potential in the traditional Chinese medicine market, as well as Vietnam’s fledging biotechnology industry.

Full WTO membership improving the trading climate and potentially, in the longer term, redressing pharmaceutical trade issues.

Requirement for domestic companies to comply with international good
manufacturing practices should boost exports.

Increasing burden of chronic diseases to provide ample longer-term opportunities for prescription products

Threats

Government resistance to aligning patent law fully with international standards deterring multinational sector expansion.

Need to resolve infrastructural and power supply issues, as well as higher education
provision, before higher levels of foreign direct investment

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Vietnam Trade and Investment Risk Report Q4 2017

Overview of Vietnam Trade and Investment Risk Report Q4 2017 – Includes BMI Operational Risk Index by BMI Research

1.  BMI View
2.  SWOT
3.   Economic Openness Analysis
4.  Government Intervention Analysis
5.  Legal Environment Analysis
6.  Methodology 

Opportunities

Declining trade barriers are making it easier to enter the market.

Increased foreign participation in the banking sector will increase the availability of funds for loans.

Threats

A high level of bad debts may lead to wider economic risks.

Corruption and inefficiency in the legal system means that laws could change in the future and private industry could become nationalised.

The government’s war against corruption will realise gains but only in the long term as favouritism still rife.

Vietnam may lose trade opportunities from a failed TPP agreement due to the new US President-elect Donald Trump’s rejection of the deal.

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Vietnam Oil and Gas Report Q4 2017

Overview of Vietnam Oil & Gas Report Q4 2017 – Includes 10-year forecasts to 2026

1. BMI Industry View
2. SWOT
3. Industry Forecast
4. Industry Risk/Reward Index
5.  Market Overview
6. Competitive Landscape
7.  Competitive Landscape
8.  Company Profile
9. Regional Overview
10 Methodology

Opportunities

Several large refinery construction projects in the pipeline, which will more than triple the country’s total distillation capacity by 2020 and could provide ample contracting opportunities.

Start-up of the Son My LNG import terminal in 2020 will enable first LNG imports and could entailing investment opportunities in accompanying distribution infrastructure and gas-fired power generation capacity.

The first wholly-owned foreign firm (JV between Kuwait Petroleum and Idemitsu Kosan) was granted license to import, wholesale and retail fuels in Vietnam, and could see more licenses granted in subsequent years.

Threats

Tension with China over territory in the South China Sea means all exploration activities in the disputed waters remain stalled.

Delays or cancellations to the Son My LNG terminal will force Vietnam to curb gas consumption accordingly, delaying its nascent clean energy plan and forcing the country to turn to other energy sources.

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Vietnam Operational Risk Report Q4 2017

Overview of Vietnam Operational Risk Report Q4 2017 – Includes the BMI Operational Risk Index

1. BMI Industry View
2. SWOT
3. Labour Market Risk
4. Education Analysis
5.  Availability of Labour Analysis
6. Labour Costs Analysis
7.  Logistics Risk
8.  Market Size and Utilities Analysis
9. Transport Network Analysis
10. Trade Procedures and Governance Analysis
11.  Trade And Investment Risk
12.  Economic Openness Analysis
13.  Government Intervention Analysis
14.  Legal Environment Analysis
15.  Crime And Security Risk
16.  Conflict Risk Analysis
17.  Vulnerability To Crime Analysis
18.  Business Crime Analysis

Opportunities

Explosive growth in demand for tertiary education will increase the number of highly skilled graduates in the medium term.

Vietnam is easily accessible from the main shipping routes, and growth in the number of port facilities will provide adequate capacity.

Increased foreign participation in the banking sector will improve the availability of funds for loans.

Threats

Dysfunctional labour-management relations increase the risk of disruption and strike action.

Vietnam’s reliance on imported oil poses risks in the form of energy and fuel shortages.

The legal system is mired in corruption and inefficiency.

Droughts and poor water management may lead to a hike in water rates, which will add to operational costs for businesses.

 

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