HCM City, July 1 -- As the global retail sector shows signs of steady recovery, Vietnam's retail property supply is also experiencing a clear resurgence. According to real estate services firm Savills Vietnam, concerns that e-commerce would entirely replace physical retail have not materialised. Instead, global consumers are returning to brick-and-mortar stores as spaces for shopping, experience and interaction. Ho Chi Minh City is leading this recovery trend. In the first quarter of 2025, the southern metropolis's total retail supply reached 1.6 million square metres, a year-on-year increase of 6%, driven by new developments such as the Centre Mall Vo Van Kiet in District 6. Occupancy rates remained high at 94%, indicating robust demand ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.