Make You Office Setup Simpler And Easier In Vietnam

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Vietnam is a dynamic country with a continuously developing economy over the past 20 years. The Vietnamese market is always open to foreign investors with flexible policies supporting FDI (Foreign Direct Investment).

However, starting a business in Vietnam is always challenging for foreigners when it comes to setting up a suitable office. The real estate market in Vietnam, especially in major cities like Hanoi, Ho Chi Minh City, or Da Nang, is like a maze with different price ranges and varying quality.

Therefore, office search and setup services are essential for companies or foreign investors. Today, let’s explore the steps in VNBG’s office search service with Ms. Nhi (Rachel), a Business Consultant with experience in assisting numerous clients.

Rachel - Business Consultant at VNBG
Rachel – Business Consultant at VNBG
What is your approach to searching office options for the clients?

Our clients are given top attention in our operations at VNBG. We invest considerable time in thoroughly understanding their unique needs and preferences, enabling us to design the most fitting proposal for their requirements.

It is crucial for us to gather comprehensive information about our clients’ business size, preferred locations, and budgetary considerations. This enables us to streamline the selection process and present office options that perfectly align with their criteria. We pay particular attention to the specific business sector our clients operate in, as each district in each city possesses distinct demographics that cater to specific industries.

For example, District 1 serves as the bustling economic hub of Ho Chi Minh City, housing numerous office buildings and financial institutions. It provides an optimal location for financial companies, securities firms, and multinational corporations. With its central positioning, District 1 facilitates seamless transactions, and networking opportunities, and attracts top-tier talent.

Tan Binh District, situated in close proximity to Tan Son Nhat International Airport, offers excellent transportation connectivity. It serves as an ideal choice for transportation companies, logistics firms, and industrial sectors due to its convenient access to the airport and Tan Binh Industrial Zone.

Binh Thanh District, while located near the city center, presents more affordable office rental prices compared to other central districts. It offers a favorable environment for startups, creative businesses, and enterprises seeking a unique atmosphere that nurtures innovation while maintaining cost-effectiveness.

Could you provide some insights on the different districts in Hanoi that we consider when searching for office options for our clients?

When it comes to office search services in Hanoi, we explore various districts that offer unique advantages for businesses.

Cau Giay District holds a prominent position as a thriving business hub within Hanoi. It boasts a wide array of office spaces suitable for diverse industries. This district is home to multinational corporations, IT companies, and startups alike. With its strategic location and close proximity to universities, Cau Giay District provides an ideal environment for businesses seeking a vibrant and dynamic atmosphere.

Ba Dinh District serves as the political and administrative center of Hanoi, hosting government offices and foreign embassies. It carries significant prestige, making it an attractive choice for businesses aiming to establish a professional and authoritative presence. The district offers a blend of modern office buildings alongside historical landmarks, presenting a unique fusion of tradition and modernity.

Dong Da District is a bustling area that boasts a diverse range of office spaces. It benefits from excellent connectivity and a central location, making it convenient for both clients and employees. This district is particularly favored by businesses in the healthcare, education, and technology sectors. Its vibrant business environment provides ample opportunities for growth and collaboration.

What are the steps involved in VNBG’s office search services?

Our office search services at VNBG follow a structured approach comprising four main steps: consultation, proposal, site visit, and document checking & signing.

During the consultation phase, we allocate ample time to thoroughly understand our client’s businesses, including their preferred location, desired office size, type of office space (fully furnished, co-working space, or unfurnished space), budget, and any specific requirements they may have.

Based on the client’s preferences, we meticulously curate a comprehensive proposal that presents 10-15 office options for their thorough review and selection.

Once the client has narrowed down their choices, we organize site visits, enabling them to personally evaluate the actual conditions of the shortlisted offices. These visits facilitate detailed discussions and allow for further adjustments if necessary.

After the client selects a suitable location, our team provides support in scrutinizing the contract with the property owner. We guide them through each step until the office search process is successfully completed.

Our meticulous approach ensures that clients receive tailored office solutions that precisely align with their unique needs.

Can you share any success stories where you have assisted a client in finding a suitable office?

I would like to share a success story of a client from the cosmetics industry who approached us for assistance in finding an office space to accommodate their team of 15 individuals. The client had clear requirements, seeking a pleasant office located within the business district. Since many of our clients are international, they often rely on our expertise to navigate unfamiliar areas. Hence, our initial focus was to gain a thorough understanding of their preferences and budget through consultation, enabling us to suggest suitable locations.

In this particular case, we advised exploring office spaces in Districts 1 and 3, renowned for their vibrant and bustling atmospheres. We presented a proposal that included 15 offices perfectly suited to accommodate the team size and fell within the budget range of  USD1,500 to USD2,000.

After carefully reviewing the proposal, the client selected several offices of interest. We then arranged site visits, providing the client with the opportunity to physically inspect and thoroughly evaluate each option. Remarkably, within just two site visits, the client made the exciting decision to finalize the lease agreement for a beautiful office situated in a newly renovated building at the heart of District 3.

Following this milestone, we diligently supported the client throughout the document screening process and facilitated negotiations with the building management team to finalize the lease terms. Given the client’s requirement for overtime work, we successfully negotiated the overtime fee. The negotiations proceeded smoothly, culminating in the client signing the contract and promptly submitting the deposit within the subsequent week.

Conclusion

Office search and setup service is a suitable solution for companies and foreign investors seeking offices that align with their business needs.

With years of experience in providing business solutions to thousands of customers and a vast database of office spaces across the country, including the three major cities of Hanoi, Ho Chi Minh City, and Da Nang, VNBG confidently offers high-quality office search and setup services. Our professional working process allows us to provide tailored advice that meets the specific requirements of our clients, ensuring a suitable pricing range.

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Micheal Dinh

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