Toong, a large-scale professional co-working space in Vietnam, finally opened its doors to startups, investors, and mobile professionals alike in August.
Located in the heart of Hanoi, it provides a comfortable and vigorous ambiance for the ever-changing work landscape in the country.
Toong’s launch is a great alternative for the country’s growing startup scene as such businesses usually opt for a large table at a local coffee shop to conduct meetings or work in a space provided by incubators.
Despite having just launched in Vietnam, Do Son Duong, Founder of Toong, is optimistic about the future of the co-working space model.
“[A] co-working space is not only about the physical place, but about establishing the co-working community. In other words, community is the soul of any co-working space. That is partly why we named it Toong, or To Ong (hive in English) – to visualise an organised community of hard-working and engaged people,” said Duong.
Co-working spaces have proven to significantly enhance the confidence, interaction, creativity and work quality of people working there as compared to the isolation of working at home or the noise of working in a cafe and this is what Duong is banking on.
Toong’s decor is done up in authentic Vietnamese-style. Housed in an ancient French villa near Hoan Kiem lake, it is a two-storey building covering a total area of 750 square metres.
Members tap into a wide-range of facilities and services from international standard office services, an outdoor smoking area, bar and pantry, games room, to an art gallery and a meditation room.
The whole facility took three months to build.
Service packages vary from a flexible desk, dedicated desk to a virtual office with fees ranging from US$4 for three hours to US$446 per month.
Call for diversity
Unlike many coworking spaces serving a niche group of businesses, Toong believes that diversity is essential for a community in order to nourish interaction and build sustainable development. It is also set to welcome international members, starting with a Singaporean tech startup that will be joining in mid-September.
“Currently, we collaborate with Vietnam Exclusive Entrepreneur Club, Startup Grind by Google for Entrepreneurs and other reputable associations and organisations, to host free workshops to engage members and share valuable information with the community,” explained Duong.
“In the future, we will soon design our own events … which will generate [an] opportunity for startups to interact and cooperate with other startups, investors and others.”