Search results: office building grade

Vietnam remains one of the fastest-growing SE Asian economies with a bright long-term economic outlook. Positive GDP 2.6% growth in 2020, an average 6.7% pa forecast 2021 with full recovery by 2024, according to FocusEconomics. The prolongation of Coronavirus has challenged the recovery of economies in Vietnam.

HMC Tower, the office building for lease grade b located at 193 Dinh Tien Hoang Street, Dakao Ward, District 1, Ho Chi Minh City, Vietnam. Site area: 1,201.90 sqm. Grand total floor area: 8,154.70 sqm with scale built 02 basements and 12 floors excluding terrace.

Covid-19 outbreak has created many disruptions in Vietnam’s economy and its real estate market. Vietnam’s manufacturing sectors is heavily dependent on raw materials. Disruption to supply has forced many local producers to temporarily cease production since January, leading to a very low growth in exports in Q1 2020.