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Shophouses left idle for half a year as retailers suspend business

Shophouses left idle for half a year as retailers suspend business
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E-commerce changing Vietnam s retail property market

The shift toward e-commerce due to the Covid-19 pandemic has brought challenges to Vietnam’s retail property market, according to Savills Vietnam.

Han iRepublic ofHo chi minh cityH chíinhNam tu liemHoang nguyet minhDigital economy agencyMinistry of industryVietnam masan groupTruong hai thaco auto corpFitch solutionsCasino groupNational development planCommercial leasing ho chi minh cityKorean timesKoreane mart

E-commerce changing VN s retail property market

| Publication date 02 June 2021 | 21:12 ICT Share A trading centre in Ho Chi Minh City. Retail rents are flat in the southern Vietnamese city as the impacts of pandemic linger. NGUOI LAO DONG/VIET NAM NEWS E-commerce changing VN’s retail property market Wed, 2 June 2021 The shift toward e-commerce due to the Covid-19 pandemic has brought challenges to Vietnam’s retail property market, according to Savills Vietnam. “Covid-19 has posed serious challenges within the real estate market, in particular for retailers. The market has witnessed many businesses having to foreclose or reduce operations to remain afloat,” said Tu Thi Hong An, director, Commercial Leasing Ho Chi Minh City, Savills Vietnam.

Han iRepublic ofHo chi minh cityH chíinhNam tu liemHoang nguyet minhDigital economy agencyMinistry of industryVietnam masan groupTruong hai thaco auto corpFitch solutionsCasino groupNational development planCommercial leasing ho chi minh cityKorean timesKoreane mart