Non-CBD commercial podiums hitting the rocks, says JLL
Commercial podiums cannot always take advantage of the fast-moving and dynamic retail sector in Vietnam if no proper strategy is employed.
Commercial podiums cannot always take advantage of the fast-moving and dynamic retail sector in Vietnam if no proper strategy is employed.
Apart from real estate, SonKim Group is betting big on retail, with the launch of convenient store GS25 earlier on and now restaurant chain Kyo Watami.
According to Savills, the demand of the retail sector increased in Hanoi, while Ho Chi Minh City (HCMC) experienced a surplus in supply.
Online retail is expected to continue increasing, as domestic and foreign retail companies are planning to invest heavily in this field.