What is a Coworking Space? The Benefits of Coworking Space Space for Small Businesses

Vân Trần
Jul 18, 2025
3 min read

In the digital age and the rise of flexible work culture, the concept of coworking space (or shared office space) is becoming increasingly popular in Vietnam, especially in Ho Chi Minh City. Small businesses, startups, and freelancers are shifting away from traditional office models toward shared spaces that offer more flexibility and cost-efficiency.

In this article, Pigeon Spaces explores what shared office space really means, why it's a great fit for small businesses, and the key benefits it brings.

What is a Coworking Space?

A coworking space is a model where individuals or businesses share a fully equipped workspace under one roof. Instead of renting an entire private office, small businesses can opt for flexible desks, meeting rooms, and communal lounges — all professionally set up and ready to use.

Coworking spaces are particularly suitable for:

Small and medium enterprises (SMEs) looking to reduce office rental costs
Startups seeking an energetic and creative environment
Freelancers or remote workers wanting a focused workspace
Branch offices of larger companies testing the local market

Coworking Space - a quiet and modern workplace

7 Key Benefits of Coworking Spaces for Small Businesses

1. Significant Cost Savings

Renting a private office in central HCMC can be expensive, not to mention additional costs like furniture, utilities, and security. Shared office spaces help businesses cut down on fixed expenses by sharing resources.

2. Flexibility Based on Team Size

Whether you're a solo entrepreneur or a team of 5–10, you can easily choose between hot desks, height-adjustable desks, or private rooms on a daily, monthly, or yearly basis.

3. Inspiring and Professional Environment

Most coworking spaces are thoughtfully designed to boost creativity and productivity, while still offering a professional impression for client meetings.

4. Access to a Like-Minded Business Community

Spaces like Pigeon Spaces foster opportunities for networking, partnerships, and community building among startups, freelancers, and small teams.

A workshop was operated at Pigeon Spaces to develop networking connection and share knowledge

5. Quick Setup – Just Bring Your Laptop

No need to waste time on renovation or buying furniture. You can start working right away.

6. No Need for Extra Operational Staff

Coworking spaces usually include receptionists, printing services, pantry access, cleaning, and security — eliminating the need to hire additional admin personnel.

7. Scalable and Adaptable

When your business is ready to grow or pivot, coworking spaces provide the agility to scale up or down without being tied into long-term lease contracts.

Why Is Shared Office Space So Popular in Ho Chi Minh City?

As Vietnam’s most dynamic economic hub, Ho Chi Minh City attracts a wide range of businesses. Freelancers, startups, and small business branches all want a space that’s professional yet affordable — and that’s exactly what coworking spaces provide.

How to Choose the Right Coworking Space for Your Business

When selecting a coworking space, consider:

Location & Accessibility: Is it central and easy to reach?
Facilities: Fast Wi-Fi, ergonomic furniture, meeting rooms, rest areas, kitchen, etc.
Pricing Options: Hourly, monthly, team packages, etc.
Atmosphere: Inspiring and energizing environment
Community: Opportunities to connect and grow with others