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WeWork to add two new locations in Vietnam this year

Expansion follows canceled IPO and bailout by investor SoftBank

WeWork has been on a cost-cutting spree since it pulled back from an IPO in September, but is expanding in Vietnam's growing startup ecosystem.    © Reuters

HANOI -- After announcing plans to expand its presence in Singapore, co-working space provider WeWork is now set to open two new locations in Vietnam before the end of the year.

The two new WeWork locations will be in Ho Chi Minh City, a company spokesperson said. The company launched its first location in Vietnam in March this year at E. Town Central in Ho Chi Minh City's District 4.

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