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Toong opens largest co-working space in HCMC

Released at: 14:20, 13/04/2018

Toong opens largest co-working space in HCMC

Photo: Toong

Toong Minh Khai the fifth Toong co-working space in Vietnam, with others to open shortly in Cambodia and Laos.

by Linh San

Indochina’s first co-working space chain, Toong, has announced the official launch of its largest facility, Toong Minh Khai, which is designed as a multi-disciplinary platform that fosters self-transformation for community members.

Located in the heart of Ho Chi Minh City, the opening of Toong Minh Khai sets a new benchmark for what it means to work and live harmoniously within today’s fast-paced, highly-urbanized cities, as Toong continues to rapidly expand its network into Laos and Cambodia, meeting strong demand in Indochina’s rapidly-growing market.

“We are in the business of nurturing talent and cultivating character, so people can innovate to serve others and make society better,” said Mr. Duong Do, Founder & CEO of Toong. “The opening of Toong Minh Khai allows the vision and mission of our organization to become reality.”

Toong Minh Khai covers a total area of 1,700 sq m. Toong has joined hands with the renowned Swiss-based G8A Architects (formerly Group8) to infuse greenery, serenity, and a contemporary spirit into the building while retaining the original soul of its modernist style, making Toong Minh Khai a perfect blend of the unique Vietnamese architectural style and modern design practices.

This newest facility marks the evolution of Toong’s own product offerings since 2015, which goes beyond a network of high-quality, inspirational physical workspaces.

Toong Minh Khai marks the evolution of the co-working space model. Now, soul-nurturing, human development goals are seriously emphasized and put at the center of the experience, while the “physical space” component now assumes the minor role in the overall product offering.

To make this happen, Toong seeks and partners with thought-leading organizations and notable individuals to co-create unique programs, including art therapy, theme-based community dinners, social hackathons, design fairs, and creative conferences, etc., that help participants not only achieve a work-life balance but also explore and realize their potential in many areas: business, arts, technology, and lifestyle, etc. The goal is for everyone to break through their self-imposed limits, alter normal point of views to see things from different angles, and destroy stereotypical perceptions about surroundings in order to transform into a better version of themselves.

With the opening of Toong Minh Khai, Toong now has five locations in Vietnam, in Hanoi and Ho Chi Minh City, and is developing four other large-scale locations in four cities and three countries: Vietnam, Cambodia, and Laos. By the end of this year, the total area under Toong’s management will exceed 13,000 sq m.

Toong is the first co-working space chain from Indochina, providing a modern and high-quality working environment for companies and individuals of all types and sizes: freelancers, startups, small and medium-sized enterprises (SMEs), and multinational and large corporations.

It has received strategic investment from Openasia and Indochina Capital and is a strategic partner of prestigious brands and organizations such as CapitaLand, United Overseas Bank (UOB), IE-Singapore (International Enterprise Singapore), and Vanguard Hotels, aimed at building an effective entrepreneurial platform for individuals and enterprises in Southeast Asia.

In March, it unveiled plans to debut its first location in Cambodia this year. The new outlet, located in the center of Phnom Penh, will bear Khmer cultural elements.

In February, Toong also announced its partnership with Vietnamese real estate developer the BIM Group to launch the first co-working space in the heart of Vientiane, the capital of Laos, called Toong Royal Square, in June.

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