Ho Chi Minh City, Jan. 31 -- Quality talent, cost advantages, and an expanding pipeline of ESG-compliant Grade A office space are turning Ho Chi Minh City into an increasingly strategic long-term destination for multinational corporations establishing or expanding Global Capability Centres (GCCs).

Savills Vietnam reported that as multinational groups continue to reconfigure their global operating models, GCCs are evolving beyond conventional back-office functions into sophisticated hubs for technology, innovation and strategic operations.

Lai Thi Nhu Quynh, Associate Director of Commercial Leasing Services at Savills Ho Chi Minh City, said the proliferation of GCCs is not only fuelling additional office demand but also reshaping market ...