retail space

Update news retail space

Demand for prime retail space on the rise in HCM City’s downtown

Luxury brands are looking for high-quality retail space in District 1 - the downtown area of Ho Chi Minh City, according to Savills Vietnam.

Famous shopping centers in Hanoi are nearly empty, have few stores

Many large buildings in Hanoi such as Discovery Complex Cau Giay, Mipec Tower Dong Da and Artemis Thanh Xuan are now mostly abandoned.

COVID-hit rental property market starts to warm up

The COVID-19-hit rental real estate market is bouncing back from hibernation as the successful vaccination campaign nationwide has allowed the reopening of economic activities, pushing up demand.

Shops, other commercial spaces in downtown HCM City still find no lessees

Commercial spaces on HCM City’s main streets do not have many takers since rentals remain too high.

Foreign brands hunt for flagship retail spaces in HCM City

Many large retail groups are bringing new international brands to Vietnam and planning to open large stores in the city center.

Retail space supply ample this year

 VietNamNet Bridge – The supply of retail space is increasing in Hanoi and HCMC and could reach 1.5 million square meters in both cities late this year, according to a study of CBRE Vietnam.

Market heats up as big foreign retail mall exploiters turn up

 VietNamNet Bridge – Parkson has returned, while Ocean Group has jumped into the HCM City market. The moves taken by the big guys are believed to heat up the market.

The most expensive roads in HCM City

 VietNamNet Bridge – While the real estate market has been freezing for the last several years, the high end retail premises market has always been boisterous.

Foreign giants hunt for retail space in HCM City

While Vietnamese traders flee from commercial centers because of losses, foreign investors have contrary moves. Giant retailers are eyeing shopping malls in new urban areas in preparation for a long-term war.