▶ Targeting double-digit growth in 2026 amid Vietnam's policy shifts, by capturing market opportunities through data-driven, one-stop spatial solutions
▶ Combining RSQUARE's data and design capabilities with YEWON's 16 years of local execution expertise to strengthen competitiveness for Korean and multinational clients
▶ Strategic partnership signed to proactively identify new business opportunities in interior design, remodeling, and vertical expansion
As Vietnam's National Assembly approves a '5-Year Socio-Economic Development Plan' targeting annual growth of over 10% from 2026 to 2030 and entry into the world's top 30 economies by 2030 — and as the new Construction Law enacted in 2025 takes effect in July 2026 — demand for office space and remodeling among businesses expanding in Vietnam is entering a new phase. Against this backdrop, RSQUARE VIETNAM has partnered with a local interior and construction specialist to capture market leadership.
RSQUARE VIETNAM (Head of Branch: Shin Ji-min), the Vietnamese subsidiary of full-service commercial real estate firm RSQUARE, announced on the 3rd that it has signed a Strategic Memorandum of Understanding (MOU) with Hanoi-based interior and construction specialist YEWON to identify new business opportunities and jointly execute projects.
Seizing New Business Opportunities Amid Policy Shifts — A Focus on Interior Design and Remodeling
In response to these policy and regulatory shifts, both companies plan to position interior design, building remodeling, and vertical expansion remodeling as core areas of collaboration, and to proactively pursue the market together. YEWON, a specialist firm with 16 years of interior and construction project experience in Vietnam, will lead local on-the-ground operations — drawing on its established client network to handle feasibility studies, business development, design and permitting, local contractor and labor sourcing, material procurement, and quality control.
RSQUARE VIETNAM will be responsible for deal sourcing through its proprietary proptech data, sales targeting Korean and multinational corporations, master planning, interior and remodeling design, and construction management. This structure allows companies expanding into Vietnam to manage everything from real estate data analytics to leasing, design, and construction through a single point of contact.
Bridging Information Asymmetry With Local Data — Backed by a Strong Design and Construction Track Record
The strength of this partnership lies in RSQUARE VIETNAM's accumulated data and operational experience. The firm has built a proprietary, field-surveyed database covering 26,400 office buildings, 12,700 factories, and 600 industrial complexes across Vietnam — including Hanoi and Ho Chi Minh City — helping to resolve information asymmetry in the local real estate market. Backed by this infrastructure, RSQUARE VIETNAM surpassed 1,000,000 m² in cumulative transaction area within five years of entering the market.
Design and construction are equally established strengths for the firm. Within just one year of market entry, RSQUARE VIETNAM secured the interior construction contract for Daewoo E&C's 'Starlake City B3CC1' mixed-use development — a 35-story hotel and office complex with three basement levels — in West Lake, Hanoi. The firm has also built a strong track record with global clients, including the design and construction of Naver Vietnam's office at Hanoi's Viettel Tower.
This partnership with YEWON connects RSQUARE VIETNAM's established design and construction capabilities with a local specialist's network and execution strength, expanding the scope and scale of its data-driven, one-stop services in step with shifting market dynamics.
"Through this complementary partnership with YEWON, we will seamlessly bring together our data, brokerage, and design-construction capabilities," said Shin Ji-min, Head of RSQUARE VIETNAM. "By combining the strengths of both companies, we will build a distinctive competitive edge in Vietnam's interior and remodeling market and establish ourselves as a leading local player by 2030."
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▶ Targeting double-digit growth in 2026 amid Vietnam's policy shifts, by capturing market opportunities through data-driven, one-stop spatial solutions
▶ Combining RSQUARE's data and design capabilities with YEWON's 16 years of local execution expertise to strengthen competitiveness for Korean and multinational clients
▶ Strategic partnership signed to proactively identify new business opportunities in interior design, remodeling, and vertical expansion
As Vietnam's National Assembly approves a '5-Year Socio-Economic Development Plan' targeting annual growth of over 10% from 2026 to 2030 and entry into the world's top 30 economies by 2030 — and as the new Construction Law enacted in 2025 takes effect in July 2026 — demand for office space and remodeling among businesses expanding in Vietnam is entering a new phase. Against this backdrop, RSQUARE VIETNAM has partnered with a local interior and construction specialist to capture market leadership.
RSQUARE VIETNAM (Head of Branch: Shin Ji-min), the Vietnamese subsidiary of full-service commercial real estate firm RSQUARE, announced on the 3rd that it has signed a Strategic Memorandum of Understanding (MOU) with Hanoi-based interior and construction specialist YEWON to identify new business opportunities and jointly execute projects.
Seizing New Business Opportunities Amid Policy Shifts — A Focus on Interior Design and Remodeling
In response to these policy and regulatory shifts, both companies plan to position interior design, building remodeling, and vertical expansion remodeling as core areas of collaboration, and to proactively pursue the market together. YEWON, a specialist firm with 16 years of interior and construction project experience in Vietnam, will lead local on-the-ground operations — drawing on its established client network to handle feasibility studies, business development, design and permitting, local contractor and labor sourcing, material procurement, and quality control.
RSQUARE VIETNAM will be responsible for deal sourcing through its proprietary proptech data, sales targeting Korean and multinational corporations, master planning, interior and remodeling design, and construction management. This structure allows companies expanding into Vietnam to manage everything from real estate data analytics to leasing, design, and construction through a single point of contact.
Bridging Information Asymmetry With Local Data — Backed by a Strong Design and Construction Track Record
The strength of this partnership lies in RSQUARE VIETNAM's accumulated data and operational experience. The firm has built a proprietary, field-surveyed database covering 26,400 office buildings, 12,700 factories, and 600 industrial complexes across Vietnam — including Hanoi and Ho Chi Minh City — helping to resolve information asymmetry in the local real estate market. Backed by this infrastructure, RSQUARE VIETNAM surpassed 1,000,000 m² in cumulative transaction area within five years of entering the market.
Design and construction are equally established strengths for the firm. Within just one year of market entry, RSQUARE VIETNAM secured the interior construction contract for Daewoo E&C's 'Starlake City B3CC1' mixed-use development — a 35-story hotel and office complex with three basement levels — in West Lake, Hanoi. The firm has also built a strong track record with global clients, including the design and construction of Naver Vietnam's office at Hanoi's Viettel Tower.
This partnership with YEWON connects RSQUARE VIETNAM's established design and construction capabilities with a local specialist's network and execution strength, expanding the scope and scale of its data-driven, one-stop services in step with shifting market dynamics.
"Through this complementary partnership with YEWON, we will seamlessly bring together our data, brokerage, and design-construction capabilities," said Shin Ji-min, Head of RSQUARE VIETNAM. "By combining the strengths of both companies, we will build a distinctive competitive edge in Vietnam's interior and remodeling market and establish ourselves as a leading local player by 2030."