Focus all efforts on the race.

- In Hanoi and Ho Chi Minh City, a retail real estate consulting firm noted that rental prices continued to rise in the first half of this year. With occupancy rates reaching 93% in Ho Chi Minh City, retailers are still investing despite the high rental costs.

- In which sectors is the most frequently rented premises available?

- The three sectors occupying the largest amount of leased space are entertainment, lifestyle, and household goods. This indicates that the segment of the population with the most significant spending power is the middle class. This will also remain the biggest driving force behind retail growth in the coming years.

- But what are the main reasons for the increase in rental prices?

- Increased consumer activity shows clear signs of economic recovery. Meanwhile, rising retail rental prices are due to demand exceeding supply. High-end retail properties in central areas consistently attract tenants. This is because, in addition to revenue generation, they also aim to expand brand awareness.

Between domestic and foreign retail businesses, which one currently holds a significant advantage?

- The market is heating up, meaning there's no room for those who lag behind. Therefore, regardless of whether they are domestic or foreign, businesses must compete fiercely to maintain and expand their market share. The market will benefit sustainably when all participants put in their best effort to compete.

TU QUEO

Source: https://www.sggp.org.vn/don-suc-dua-post804792.html