Is the Co-working Space

In reality, the boom of the sharing economy has changed the operation of many business models globally, creating a shared workspace model in almost every field.

Around the world, the co-working space model is growing at an average rate of over 50% per year in the past 5 years. The value of co-working space businesses is also increasing rapidly.

The concept of co-working space has been present in Vietnam for some time, but the majority of real estate investors and users still do not have a comprehensive view of the benefits or even know about this model. Recently, especially in Hanoi and Ho Chi Minh City, there has been a rapid adoption of this trend, with explosive growth in terms of quantity, quality, and scale due to the participation of domestic and foreign businesses.

The main users of co-working spaces are usually startups, newly established companies, and freelancers. In Vietnam, the user base for this service has expanded to include small and medium-sized companies, both domestic and foreign, and even large corporations worldwide.

"The co-working model allows them to choose to work independently in their own space or to chat, exchange, and share ideas with like-minded people. Many believe that such an environment creates conditions for workers to develop and work more effectively, which is why co-working is becoming increasingly popular."

Continuing trends in the market

In the future, co-working will become more professional with more attractive supporting services. In addition, creativity, uniqueness, and specialization are also important factors in attracting users. Each co-working model needs to create variations in design to create different working environments to nurture interest and work efficiency for customers. Business entities can consider providing additional interior design support services according to the requirements of customers whose work environment requires high creativity, such as technology or design companies.

This unique and innovative model promises not only great benefits for users but also an attractive opportunity for investors when ensuring added value for them.