Goods whose demand increases as consumer income increases

The demand for rented office space in HCM City has sharply risen after the Covid-19 pandemic. HCM City-based Commenty Company which specialises in IT has rented a bigger office in District 4 to expand its operations after posting a robust growth during the pandemic. The demand for rented office space in HCM City has sharply risen after the Covid-19 pandemic Nguyen Tien Tuan, director of a trading firm in HCM City, said that his company had moved to a new office following new hires. Many buildings in HCM City have cut office leases by 10-15 percent. Nguyen Ngoc Bich, deputy director of the office leasing service at Thien Nam Building, said that the company owns 11 buildings which had a 98-99 percent occupancy rate before the pandemic. Due to the pandemic, two buildings with a total area of 3,000 square metres were now empty. After three months of rent exemption, Thien Nam Building has attracted more customers. At present, only roughly 1,300 square metres … [Read more...] about Demand for offices for rent on the rise after pandemic

Despite trade activities between the nation and South American nations seeing growth in recent times, it remains far from fulfilling its full potential, especially for the textile and garment sector, according to industry insiders. South America is viewed as a highly lucrative fashion market that boasts a population of more than 437 million people and a relatively high per capita income. However, there are still few businesses and consumers in South America who are fully aware of Vietnamese fashion products. Furthermore, the Vietnamese textile and garment industry is in the process of developing rapidly and is able to meet many large orders with high requirements from different markets. Currently, the nation’s textile and garment exports to Brazil stands at between US$150 million and US$200 million per year, whilst those to Chile are between US$70 million and US$90 million per year and to Peru the figure is around US$30 million to US$40 million per year. Meanwhile, local textile … [Read more...] about South America viewed as potential market for Vietnamese apparel

Blockchain or crypto is not a new term in the global aspect of investing. Recently, however, these terms are gaining wider coverage with the return of a new trend in the GameFi market – Move to Earn. Following the popular play-to-earn model that most Metaverse and NFT coins adopted, move-to-earn is the new trend in crypto. Move-to-Earn (M2E) apps allow users to earn passive income while engaged in routine physical activities such as walking, running, dancing, or simply moving around. Grasping the development of this trend, EMOVES was born. For EMOVES, users will earn in-game currency which can be used in-game or cashed out for profit. EMOVES aims to drive millions towards a healthier lifestyle "Burn calories, Earn money" with the following benefits More health, more benefits, more happiness, more friends Running greatly stimulates your heart rate and helps you burn calories especially effectively, the more calories burned, the better your health will be. Especially … [Read more...] about EMOVES – Burn to earn

Nguyễn Thị Huyên (first, right) and UNDP Resident Representative in Việt Nam, Caitlin Wiesen (second, right) at last week's conference in Hà Nội. UNDP Photo HÀ NỘI - Nguyễn Thị Huyên, 65, now lives in a safe house thanks to a programme initiated by the Government, the UN Development Programme (UNDP), and the Green Climate Fund (GCF). Huyên, from Tuyết Điệm 1 Village in the central coastal province of Quảng Ngãi, suffers from sciatica and lives alone. Every day, she relied on neighbours to bring her food and daily necessities. She lived in difficult circumstances in an old shanty house that had its roof blown off during bad weather. She said: “Incidentally, I was advised by my nephew to apply for the safe house programme by the Government. So I registered and very quickly I received a reply. “I sent my thanks to the donors and local authorities who helped build me a stable and warm shelter two years ago.” Huyên's house was one of 4,100 built by the programme. “The … [Read more...] about More safe houses against storms and floods built in Việt Nam

Receiving Lao Finance Minister Bounchom Oubonpaserth in Vientiane on May 16 during his official visit to the neighboring country, N.A. Chairman Hue appreciated the two finance ministries’ organization of mutual visits and experience sharing. He held that although the Lao financial sector faces many difficulties, the Government and the National Assembly of Laos have delivered timely directions towards restructuring financial institutions. Hailing Laos for transparency in budget revenue and expenditure, and public debt, the top Vietnamese legislator emphasized the need to modernize the tax and customs sectors, strengthen publicity and transparency, and switch to e-invoices to both protect staff and ensure revenues. The Lao financial sector needs to pay more attention to people and businesses as well as proactively remove difficulties and obstacles to promote economic development, he noted. Hue affirmed that the National Assembly of Vietnam and he himself have always supported and … [Read more...] about Vietnamese N.A. willing to share financial supervision experience with Laos