The retail industry has struggled for three years, but market circumstances have improved since the recession. Vietnamese businesses and investors have painstakingly prepared for year-end shopping. Along with this, major businesses are leasing commercial buildings in strategic areas to attract more customers. Taisei VN introduced commercial leasing services with important rental projects in Ho Chi Minh City to address this.
Retail demand makes Vietnam a viable market. The General Statistics Office reports that in the first seven months of the year, total retail sales of commodities and consumer services reached VND 3,529.8 trillion, up 10.4% from the same period in 2023. Notably, retail sales of products reached VND 2,777.7 trillion, a 9% increase from the previous year, while accommodation and food services reached VND 377.3 trillion, a 16.3% increase from the previous year.
In big cities, retail is recovering. As commercial district and shopping center vacancy rates decline, large brands are taking advantage of low rents to rebound. Tourism recovery has also boosted retail demand. In major shopping zones, where retail brands, restaurants, and entertainment options are concentrated, shoppers get a unique shopping experience.
Beautifully built retail locations with customized services, cafés, and event spaces are where customers interact with the brand. Many luxury brands use retail outlets to build community recognition.
The Vietnamese retail market is changing with important leasing developments.
As one of the leading asset and infrastructure management companies in Vietnam, Taisei VN aims to provide comprehensive management solutions to help customers optimize resources and operating costs. Expanding into the commercial sector is seen as a significant step for Taisei VN, as the market requires a high-quality management company with a range of surrounding support services.
Taisei VN - A company providing comprehensive asset and facility management services
Taisei VN provides comprehensive services for clients interested in leasing commercial real estate in retail centers, ranging from product development to marketing. We consult with investors and lessees to preserve their rights and satisfy their needs and investment portfolios, updating them on developments and prospects during implementation and negotiations. Using its customer network throughout all 63 provinces and cities and the financial potential from its ecosystem, Taisei VN connects potential clients in many locations concurrently, giving outstanding value in terms of development and income for customers.
Central Premium - One of the leasing projects by Taisei VN
Taisei VN confidently engages with investors and lessees, giving great benefits, employing industry expertise and market insight.
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Contact information
Taisei VN
Address: R. 1901, Saigon Trade Center, 37 Ton Duc Thang, Ben Nghe Ward, District 1, HCMC
Call Center: 0909 411 885 | 0911 401 955 | 0979 045 766
Email: Cs@caresolutions.com.vn
LinkedIn: https://www.linkedin.com/company/altarahospitalitygroup/
Facebook: https://www.facebook.com/altara.com.vn/
