A system, method and computer program product for managing computer file system using file system trees. A plurality of Virtual Execution Environments (VEEs) running on a computer system is provided. The computer system has a common file system tree, which can be concurrently accessed by the VEEs. The shareable files are stored in the common file system tree located in a local storage of the computer system. The common file system tree includes a first set of files that can be accessed by VEEs directly using first redirection. The common file system tree also includes a second set of files that can be accessed by VEEs using first and second redirection. The files system accesses the files from the local storage using first redirection and from the network storage using first and second redirection. The local storage can also receive files from the network storage and store them in the common file system tree.