Workthere, a website listing platform and brokerage service that helps businesses find flexible, coworking and serviced office space, comes to Viet Nam. — Photo courtesy of Savills

Real estate advisor Savills Viet Nam on Oct 23 launched Workthere, a website listing platform and brokerage service that helps businesses find flexible, coworking and serviced office space.

It will provide listing services for flexible workspaces and leasing services for landlords, operators and occupiers through Savills consultants.

Workthere’s current coverage includes 50 locations in three major cities, Ha Noi, Da Nang, and HCM City.

Since it came to Viet Nam in 2012, co-working has been expanding rapidly across the country.

Since 2018 supply has increased by 64 per cent, Savills reported.

The increase in the number of co-working locations across Viet Nam has been driven by the growth of start-ups, and the need for cost-effective spaces.

Yann Deschamps, head of Workthere Asia Pacific, said: “Demand for flexible office space in Viet Nam will continue to be driven by freelancers, local and international start-ups and small corporates. International start-ups, digital nomads and freelancers seeking affordable workplaces could also consider relocating to Viet Nam to grow their business.

“This growing demand from both domestic and overseas occupiers called for a more advanced solution than the traditional leasing service, which explains the introduction of Workthere in Viet Nam.”

Cal Lee, founder and global head of Workthere, said: “Viet Nam has seen phenomenal growth in the flexible workspace sector, with many new venues coming to the market. At the same time demand for flexible workspace continues to grow as more businesses, including start-ups, small and medium enterprises and even larger corporate companies, are seeing the benefits of flexible workspace over a more traditional lease.”

Launched in the UK in 2017, Workthere has since expanded to Singapore, Germany, France, Spain, Ireland, the Netherlands, the US, and now Viet Nam. — VNS