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HCMC Office Leasing Guide

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HCMC Office Leasing Guide This is the overall characteristics and guidelines about Ho Chi Minh – HCMC Office Leasing for companies that want to start or expand businesses and look for an office in Vietnam. Of course, there will be a lot of issues that need to be clarified and agreed upon in the search and lease agreement process. In order to get the best agreement as well as save your resources and time, it is better for a professionalism and credibility local agency to represent you to work with the landlords by their relationship, knowledge about the local and office leasing market. TYPICAL HCMC OFFICE LEASING   Term  3 – 5 years. Longer for tenants required large space   Breaks Rarely negotiated   Renewals  Negotiable   Rent basis  Rental fee + service charge   Currency  Must be denominations in VND   Free-rent  1 week – 1 month for fitting-out   Escalation  Corrected if the lease i...