September 25, 2024

Becamex IDC (real estate): Vietnam Stock Overview

Industrial land rental prices are on the rise. According to a report by CBRE, in the second quarter of 2024, Tier 1 industrial land rents in the North and the South reached US$134 and US$173 per square meter, up 4.5 percent and 1 percent year-over-year, respectively. This trend is expected to continue, which could provide a significant boost to BCM’s business results as demand for industrial space increases…

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Vietnam dairy imports up 7.23 percent August over July

Vietnam’s imports of milk and milk prpoducts by 7.23 percent in August over July from US$101.5 million to US$108.9 million. Vietnam’s milk and milk products imports for the year now stand at US$744.4 million which represents decline of 6.9 percent over the same period last year.

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