Startup tech occupiers in Ho Chi Minh City typically cluster in District 7 (Phu My Hung), plan ~130 sqft per seat at mid fit-out ($8200000–12000000/sqft), and pay around 1500000 VND/sqft ($65 USD) on Class A.

  • Preferred submarket: District 7 (Phu My Hung).
  • Typical fit-out spec: Mid ($8200000–12000000/sqft).
  • Plan ~130 sqft per seat for headcount sizing.
  • Class A rent context: 1500000 VND/sqft ($65 USD).
  • Typical lease: 3 years with 4 months rent-free.
  • Talent depth in Ho Chi Minh City: 74/100.

Startup tech office space in Ho Chi Minh City

Startup tech occupiers in Ho Chi Minh City typically cluster in District 7 (Phu My Hung), plan ~130 sqft per seat at mid fit-out">fit-out ($8200000–12000000/sqft), and pay around 1500000 VND/sqft ($65 USD) on Class A.

TL;DR

  • Preferred submarket: District 7 (Phu My Hung).
  • Typical fit-out spec: Mid ($8200000–12000000/sqft).
  • Plan ~130 sqft per seat for headcount sizing.
  • Class A rent context: 1500000 VND/sqft ($65 USD).
  • Typical lease: 3 years with 4 months rent-free.
  • Talent depth in Ho Chi Minh City: 74/100.

Where they cluster

Startup tech occupiers in Ho Chi Minh City typically anchor in District 7 (Phu My Hung). Tech, manufacturing HQs, Korean and Japanese multinationals, BPO.

What they pay

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.

Spec and fit-out

Typical startup tech fit-out targets mid specification at $8200000–12000000/sqft. Functional Cat-B with branded reception and standard meeting-room mix is standard.

Headcount sizing

Plan around 130 sqft per seat blended (workstation + circulation + amenity). A 100-headcount startups office in Ho Chi Minh City typically targets 13,000 sqft of leasable area.

Talent angle

Series B–D scale-ups prioritize flexibility and signature loft stock to attract engineering talent away from incumbents. 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.

Tax and lease context

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.

Key facts

cityHo Chi Minh City
industryStartup tech
naics541511, 541512, 518210
preferredSubmarketDistrict 7 (Phu My Hung)
preferredFitoutSpecMid
fitoutBand$8200000–12000000/sqft
sqftPerSeat130
classARentLocal1500000 VND/sqft/yr
classARentUsd$65/sqft/yr
vacancyPct7.4%
typicalLeaseYears3
typicalRentFreeMonths4
talentIndex74
corporateTaxPct20%

Frequently asked questions

Where do startup tech occupiers lease office space in Ho Chi Minh City?
Most cluster in District 7 (Phu My Hung). Rent runs ~1500000 VND/sqft ($65 USD) for trophy and prime stock.
What fit-out spec do startup tech occupiers run in Ho Chi Minh City?
Typically mid at $8200000–12000000/sqft.
How much office space per seat should a startup tech occupier plan in Ho Chi Minh City?
Plan ~130 sqft per seat blended. A 100-person team typically takes 13,000 sqft.
What NAICS codes describe the startup tech vertical?
Representative NAICS 2022 codes: 541511, 541512, 518210.
What is the talent index in Ho Chi Minh City?
74/100. Use the city profile for full detail.

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Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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