Government and public affairs occupiers in Ho Chi Minh City typically cluster in District 7 (Phu My Hung), plan ~240 sqft per seat at high-end fit-out ($12500000–18500000/sqft), and pay around 1500000 VND/sqft ($65 USD) on Class A.
Government and public affairs occupiers in Ho Chi Minh City typically cluster in District 7 (Phu My Hung), plan ~240 sqft per seat at high-end fit-out">fit-out ($12500000–18500000/sqft), and pay around 1500000 VND/sqft ($65 USD) on Class A.
Government and public affairs occupiers in Ho Chi Minh City typically anchor in District 7 (Phu My Hung). Tech, manufacturing HQs, Korean and Japanese multinationals, BPO.
Class A rent in Ho Chi Minh City runs 1500000 VND/sqft ($65 USD) on a 3-year lease with 4 months free. Prime submarkets sit at or modestly above the city index.
Typical government and public affairs fit-out targets high-end specification at $12500000–18500000/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.
Plan around 240 sqft per seat blended (workstation + circulation + amenity). A 100-headcount public office in Ho Chi Minh City typically targets 24,000 sqft of leasable area.
Lobbying and public-affairs teams cluster near legislative anchors; long-duration leases and conservative concession packages are normal. Deep manufacturing services, growing tech engineering, and a structurally young workforce. Strong feed from VNU-HCM, RMIT Vietnam, and a deep network of technical universities. Vietnamese-only operating environment for most domestic tenants; English fluency growing in tech and international corporate.
Headline corporate tax: 20%. Net leases. 3-year terms with renewal options. Free rent of 3-6 months and TI of VND 6-12M/sqm typical.
| city | Ho Chi Minh City |
|---|---|
| industry | Government and public affairs |
| naics | 813, 541820 |
| preferredSubmarket | District 7 (Phu My Hung) |
| preferredFitoutSpec | High-end |
| fitoutBand | $12500000–18500000/sqft |
| sqftPerSeat | 240 |
| classARentLocal | 1500000 VND/sqft/yr |
| classARentUsd | $65/sqft/yr |
| vacancyPct | 7.4% |
| typicalLeaseYears | 3 |
| typicalRentFreeMonths | 4 |
| talentIndex | 74 |
| corporateTaxPct | 20% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.