Vietnam’s rapid growth in Asia-Pacific drives demand for higher operational standards: Savills

Being ranked among the Top 20 APAC Growth Hubs reinforces Vietnam’s appeal as a destination for international businesses, accelerating office expansion and multi‑site occupancy by regional and global tenants, write Savills Vietnam analysts.

Being ranked among the Top 20 Asia-Pacific Growth Hubs serves as a powerful lever for Vietnam to standardise its real estate operational capabilities in line with stringent international benchmarks.

In this context, integrated facility management (IFM) is emerging as a strategic key to reducing carbon footprint, optimizing operational costs and enhancing workplace experience for tenants.

Vietnam emerges as a key growth engine in Asia-Pacific

Vietnam has officially secured a place among the Top 20 Growth Hubs in the Asia-Pacific region, according to Savills World Research’s latest assessment of the world’s most resilient and fast-growing cities.

The report evaluates the economic outlook of 245 cities through to 2035, based on core indicators including GDP growth, personal wealth accumulation, population dependency ratios and inward migration.

The country's strong performance reflects a combination of high-quality foreign direct investment, sustained infrastructure spending and favorable demographics.

Within the regional rankings, Ho Chi Minh City stands out as the second-fastest growing city, while Hanoi ranks fifth, underpinned by a well-structured infrastructure investment strategy and the rapid expansion of middle class.

This performance reinforces Vietnam’s rising competitiveness and signals long-term growth prospects across multiple real estate sectors.

Growth at scale reshaping operational priorities

Being ranked among the Top 20 APAC Growth Hubs reinforces Vietnam’s appeal as a destination for international businesses, accelerating office expansion and multi‑site occupancy by regional and global tenants.

While this growth presents clear opportunities to scale, it also brings greater operational complexity. As tenant portfolios become larger and more geographically dispersed, expectations around ESG compliance, cost transparency, consistent workplace standards, and reliable operational data continue to rise.

As a result, operational performance is emerging as a core priority, essential not only to support growth, but to ensure tenant offices operate international standards in a rapidly evolving market.

The IFM model consolidates facility operations into a single, integrated framework, with one accountable partner overseeing performance, coordinating vendors end‑to‑end, and delivering transparent reporting across all locations, giving tenants greater clarity, control, and confidence as they scale.

According to Luca Vadala, national head of business development for integrated facility management (IFM) services at Savills Vietnam and a LEED Green associate, facility management today must be viewed as a strategic investment rather than a purely technical function.

“In fast‑growing markets like Vietnam, the challenge for tenants is no longer securing space, but ensuring their offices can operate at the pace and standard of their business growth. As tenant portfolios scale, operational capability becomes a differentiator. integrated models such as IFM help organizations move beyond reactive site‑level management, enabling consistency, accountability, and resilience across their office networks,” Luca commented.

With Vietnam positioned among Asia-Pacific’s leading growth hubs, the adoption of integrated and standardised management solutions is set to play an increasingly important role in strengthening the resilience and global competitiveness of the country’s real estate market.