• CBRE Vietnam conducted a flash survey of over 180 occupier clients, from 9 to 10 April 2020 to gauge the industry response to the COVID-19 outbreak.
  • The economic impacts of COVID-19 outbreak have weighed heavily on business sentiment in Vietnam; 79% of respondents expect the business environment to deteriorate in H2 2020.
  • 43% of respondents expect revenue to contract in 2020, with most of them expecting a contraction between 10% to 30%.
  • 61% of respondents have not been offered relief measures from landlords.
  • 27% of respondents expect landlords to be more accommodative as the business has been largely disrupted by COVID-19.