A recent report ranks Ho Chi Minh City 41st among world’s 50 fastest growing coworking markets in the world.

Every 47.5 days, a new coworking space opens in Vietnam’s southern metropolis, according to the 2019 Global Coworking Growth Study recently published by CoworkingResources, a global information hub for modern workspaces.

The report is based on research that tracked all coworking space openings for 10 months, from June 2018 to April 2019. It ranks major cities around the world based on the number of days between new space openings.

The report says Vietnam came in 31st among top 50 global economies with the highest growth in per capita coworking space numbers.

Vietnam has seen the coworking space market expand in recent years. As of April last year, there were 23 coworking operators in Vietnam managing a total of 34 spaces, according to real estate consultants CBRE.-VNA