Table of content 1. Viet Nam emerges as a key growth engine in Asia-Pacific  2. Growth at scale is reshaping operational priorities

Being ranked among the Top 20 APAC Growth Hubs serves as a powerful lever for Viet Nam to standardise its real estate operational capabilities in line with stringent international benchmarks. In this context, Integrated Facility Management (IFM) is emerging as a strategic key to reducing carbon footprint, optimising operational costs and enhancing workplace experience for tenants.

Viet Nam emerges as a key growth engine in Asia-Pacific

The office market remains balanced with occupancy at 88%. Landmark developments such as IFC Ho Chi Minh City have attracted Grade A tenants, while accelerating the positioning of Thu Thiem as a new office hub of the city.

In the retail sector, despite no new supply, demand from F&B, fashion, and entertainment continues to recover strongly. Total retail sales of goods and consumer service revenue in Ho Chi Minh City rose 13% year-on-year to VND 475 trillion, providing a solid base for occupancy improvement in 2026.

Growth at scale is reshaping operational priorities

Being ranked among the Top 20 APAC Growth Hubs reinforces Viet Nam’s appeal as a destination for international businesses, accelerating office expansion and multi‑site occupancy by regional and global tenants.  

While this growth presents clear opportunities to scale, it also brings greater operational complexity. As tenant portfolios become larger and more geographically dispersed, expectations around ESG compliance, cost transparency, consistent workplace standards, and reliable operational data continue to rise. As a result, operational performance is emerging as a core priority, essential not only to support growth, but to ensure tenant offices operate international standards in a rapidly evolving market. 

The IFM model consolidates facility operations into a single, integrated framework, with one accountable partner overseeing performance, coordinating vendors end‑to‑end, and delivering transparent reporting across all locations, giving tenants greater clarity, control, and confidence as they scale. 

According to Luca Vadala, National Head of Business Development for Integrated Facility Management (IFM) Services at Savills Vietnam and a LEED Green Associate, facility management today must be viewed as a strategic investment rather than a purely technical function.  

“In fast‑growing markets like Viet Nam, the challenge for tenants is no longer securing space, but ensuring their offices can operate at the pace and standard of their business growth. As tenant portfolios scale, operational capability becomes a differentiator. Integrated models such as IFM help organisations move beyond reactive site‑level management, enabling consistency, accountability, and resilience across their office networks,” Luca commented.  

With Viet Nam positioned among Asia-Pacific’s leading growth hubs, the adoption of integrated and standardised management solutions is set to play an increasingly important role in strengthening the resilience and global competitiveness of the country’s real estate market.