Rentals for industrial lands in HCMC increase

The average rent stood at $175 per square meter in the second quarter,the highest in the country, after rising slightly from a year earlier, it said in its second quarter report on industrial real estate. But there was a slowdown in transactions from April when Covid resurged.

DDK Group expands its Vietnam operation with new factories

As with all other Asian bicycle parts manufacturers, saddle maker DDK Group has also reported overwhelming demand for their products. DDK’s existing Vietnam factory in Thủ Dầu Một has a production capacity of 10 million saddles annually, while the company reports that their regular customers have forecast 15 million units for next year.