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How South Korea’s Governmental Agency, NIPA, Found the Optimal Office in Unfamiliar Vietnam

Case study

How South Korea’s Governmental Agency, NIPA, Found the Optimal Office in Unfamiliar Vietnam

RSQUARE Vietnam offers professional real estate services based on a comprehensive database compiled through a complete survey of commercial facilities such as offices, logistics centers, and factories across Vietnam. Recently, RSQUARE Vietnam facilitated the relocation of the Vietnam office for NIPA (National IT Industry Promotion Agency), a quasi-governmental agency under the Ministry of Science and ICT. NIPA expressed satisfaction with RSQUARE Vietnam's services, especially regarding its thorough understanding of the characteristics and needs specific to government agencies. Q: Can you introduce NIPA's Ho Chi Minh City IT Support Center? A: It is an overseas office of the National IT Industry Promotion Agency (NIPA), a quasi-governmental agency under the Ministry of Science and ICT. The center supports Korean SMEs and venture ICT companies entering Ho Chi Minh City, Vietnam, by providing market information, office space, consulting, connection with development personnel, and networking opportunities. Q: What facilities did you procure through RSQUARE,…

Tuyet Lan
10/06/2026
DYFLON Vina, The First Tenant In The New KCN Vietnam Ho Nai Factory 

Case study

DYFLON Vina, The First Tenant In The New KCN Vietnam Ho Nai Factory 

DYFLON Vina is a global manufacturer that leads the research and development of special paints. Through RSQUARE, it became a first Korean tenant in the KCN Ho Nai, developed by KCN Vietnam, at Ho Nai Industrial Park in Dong Nai Province, Vietnam. The company plans to expand its production of high-quality paints, including PTFE coatings, heat-resistant paints and ceramic paints in Vietnam. DYFLON Vina said, "RSQUARE's local communication skills and consulting on real estate-related laws and regulations were satisfactory." We heard more about the story. RSQUARE: What kind of company is DYFLON VINA? DYFLON VINA: A specialized company dedicated to research and development of special paints. We produce various functional paints such as heat-resistant, fluororesin and ceramics. In this field, based on our unrivaled technology, our products are recognized for their excellence not only domestically but also internationally. RSQUARE: What commercial real estate (offices, warehouses, factories, stores, etc.) were you…

Tuyet Lan
10/06/2026
A Hidden Partner in Establishing a Factory in Vietnam: The Collaboration Between RSQUARE and Dongil Ceramics 

Case study

A Hidden Partner in Establishing a Factory in Vietnam: The Collaboration Between RSQUARE and Dongil Ceramics 

In the context of global production chain diversification, many businesses are focusing on Vietnam as a next-generation manufacturing hub. Dongil Ceramics, a leading Korean enterprise, successfully partnered with RSQUARE to acquire a manufacturing factory in Vietnam. With a land area of 15,000m² and a building size of 4,992.6m², RSQUARE's professional and swift support left a strong impression on the client. Q: Could you please introduce your business? A: We are a company specializing in the production of ceramic backing materials for welding, headquartered in South Korea. Our products are exported to major markets such as Europe, Japan, and other countries. Currently, we are expanding our operations by establishing a new legal entity in Vietnam. Q: What type of commercial property did your company connect to through RSQUARE, and what is its scale? A: We were connected with a manufacturing factory acquisition, including 15,000m² of land and 4,992.6m² of building space.…

Tuyet Lan
10/06/2026
It’s Time For Businesses To Reassess The Value Of Every Square Meter Of Office Space

Office rental guide

It’s Time For Businesses To Reassess The Value Of Every Square Meter Of Office Space

If employees can work from anywhere, what is the purpose of the office?This is no longer a hypothetical question. It is steadily becoming a core component of many businesses' strategies as they re-evaluate the role of their physical workspaces. According to data published by Forbes, an overwhelming 92% of businesses view collaborative spaces and common areas as the most critical factors in building corporate culture and boosting productivity. Furthermore, 84% believe that the employee experience now has a greater impact on shaping organizational culture than brand image itself. But The true takeaway doesn't lie in the numbers. What truly matters is that the logic behind the value creation of an office is fundamentally shifting. For decades, the office was viewed simply as a workplace - a centralized location where people gathered to get tasks done. Consequently, leasing decisions typically revolved around familiar questions: How many square meters are needed? How…

Tuyet Lan
09/06/2026
[FDI Alert] Do Not Rush Into Factory Construction Contracts In Vietnam – Unless You Fully Comprehend These 3 Hidden Risks That Could Vaporize Billions of VND!

Market analysis for industrial park leasing

[FDI Alert] Do Not Rush Into Factory Construction Contracts In Vietnam – Unless You Fully Comprehend These 3 Hidden Risks That Could Vaporize Billions of VND!

In the wake of global semiconductor supply chain diversification, Northern Vietnam has emerged as the most compelling epicenter of attention. Evolving from a legacy hub centered on textiles and low-tier assembly, the region is undergoing a spectacular transformation into a vital global nucleus for semiconductor outsourced assembly and testing (OSAT) and ultra-precision electronic component manufacturing. According to the latest research data from RSQUARE, South Korean investment into Vietnam's processing and manufacturing sector holds a dominant share of 79.4% (ranking No. 1). In particular, the Northern region, backed by its superior logistics infrastructure, has forged a powerful "Mega Cluster," attracting over 5,068 South Korean projects with an aggregate capital volume reaching $46.5 billion. However, setting up high-tech and semiconductor facilities requires infrastructure standards far more stringent than conventional manufacturing. Behind the massive wave of investment, numerous FDI enterprises have faced project delays exceeding 6 months or suffered losses running into billions…

Tuyet Lan
26/05/2026
[Vietnam Investment Guide] Industrial Parks Hosting Key Semiconductor Companies in Northern Vietnam and Industrial Real Estate (Leased Factories and Land) Trend Analysis

Market analysis

[Vietnam Investment Guide] Industrial Parks Hosting Key Semiconductor Companies in Northern Vietnam and Industrial Real Estate (Leased Factories and Land) Trend Analysis

Hello. This is RSQUARE Vietnam, a proptech company specializing in commercial and industrial real estate in Vietnam. As supply chains for global semiconductors and high-value materials, parts, and equipment (MPE) industries diversify, the region drawing the most attention is undoubtedly Northern Vietnam. Once a manufacturing base centered on textiles and simple contract processing, Vietnam has now fully transformed into a core global hub for semiconductor packaging and testing (OSAT), back-end processing, and ultra-precision electronic component manufacturing. According to the latest data from the RSQUARE Research Center, manufacturing and processing account for as much as 79.4% of Korean investment in Vietnam, ranking firmly first. In particular, Northern Vietnam, with its excellent logistics infrastructure, has attracted more than half of all Korean investment projects in Vietnam (5,068 projects) and USD 46.5 billion in investment value, becoming a mega-cluster for global high-tech companies. However, the infrastructure standards for semiconductor and equipment manufacturers entering…

Tuyet Lan
19/05/2026

Most viewed

RSQUARE VIETNAM Officially Opens New Office

RSQUARE News

RSQUARE VIETNAM Officially Opens New Office

5th Floor, The Mach Building, 127 Ung Van Khiem, Ward 25, Binh Thanh District, HCMC NEWS/EVENT RSQUARE VIETNAM Officially Opens New Office 2024.11.20 RSQUARE has officially launched its new office at a prime location, promising to provide a modern, convenient, and inspiring workspace. This is an important milestone in our development journey and an opportunity to continue delivering optimal value to our clients and partners. New office location: 5th Floor, The Mach Building, 127 Ung Van Khiem, Ward 25, Binh Thanh District, Ho Chi Minh City. With a modern workspace designed and fully equipped with amenities, RSQUARE's new office will be a place that sparks creativity, promotes growth, and enhances work quality. We are confident that with this change, RSQUARE will continue to improve and provide optimal solutions for businesses and partners. We would like to express our sincere gratitude to our valued customers and partners for their continuous support,…

Tuyet Lan
05/02/2024
RSQUARE Launches Commercial Real Estate Interior Design Service

RSQUARE News

RSQUARE Launches Commercial Real Estate Interior Design Service

With the aim of delivering a comprehensive and seamless “One-Stop” experience, RSQUARE Vietnam has officially expanded and launched its “Real Estate Interior Design Service,” bringing quality workspaces while optimizing time and costs. NEWS/EVENT RSQUARE Vietnam Officially Launches Commercial Real Estate Interior Design Service 2024.03.27 RSQUARE Vietnam is known as a leading and reputable real estate advisory company in Vietnam, headquartered in Korea. With quality as its guiding principle, RSQUARE is committed to providing the most optimal solutions for businesses and customers. With the aim of delivering a comprehensive and seamless “One-Stop” experience, RSQUARE Vietnam has officially expanded and launched its “Real Estate Interior Design Service,” bringing quality workspaces while optimizing time and costs. The “Interior Design Service” is not limited to office spaces; it also covers shopping centers, hotels, apartments, and more, meeting every customer need. Alongside this notable event, it also marks an important step forward in RSQUARE’s steadily…

Tuyet Lan
06/02/2024
Q2/2025 Industrial Real Estate Market Report – Free PDF Download

Market Report

Q2/2025 Industrial Real Estate Market Report – Free PDF Download

In Q2 2025, Vietnam’s office and industrial real estate markets continued to show differing trends across regions. RSQUARE’s latest market report consolidates office market data for Ho Chi Minh City and Hanoi, while also providing updates on industrial real estate across Northern, Central, and Southern Vietnam. In the office sector, rental rates and market availability continued to vary by district. Ho Chi Minh City recorded both rental increases and declines compared with the same period last year, while Hanoi saw rental growth across several areas, accompanied by significant differences in availability changes between districts. The report focuses on: Office rental rate movements across key areas in Ho Chi Minh City and Hanoi Changes in office market availability by area Office rental price ranges, including the highest and lowest levels recorded in each market Industrial park land rental rates across Northern, Central, and Southern Vietnam Rental rates for ready-built factories and…

Tuyet Lan
18/07/2025

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