To adolescents, nicotine weakens their ability to exert self-control, concentration and memory. Some tobacco products could even be mixed with drugs, thus negatively affecting both physical and spiritual health of smokers. Therefore, it is necessary to minimise the young’s access to these products, Lam said. Arguments for next-generation tobacco products don’t match reality According to the Ministry of Health, while only 0.2 percent of the population used e-cigarettes in 2015, the rate among people aged between 13 and 17 alone has reached 2.6 percent in 2020, and even 7 percent in Hanoi and Ho Chi Minh City. Quang said to attract users, tobacco companies advertise that e-cigarettes are useful for quitting smoking traditional tobacco products and do not cause side effects. Together with various marketing tactics targeting young people on social networks, creating eye-catching designs, and providing various flavours, they are trying to create the impression that vaping is … [Read more...] about Risk of second wave of health effects posed by next-generation tobacco products imminent
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HCMC’s industry, trade focus on supporting business recovery, market expansion
Regarding the tasks and solutions for the development of the industry this year, Mr. Bui Ta Hoang Vu, Director of the Department of Industry and Trade of HCMC, said that 2021 was the first year to implement the socio-economic development plan in the period of 2021-2025, with the theme of the year 2021 as "Year of building an urban administration and improving the investment environment", so the industry and trade would stick to these contents to implement effectively. Accordingly, the Department of Industry and Trade will develop and conduct the administrative reform in 2021, review the criteria with restrictions related to industry and trade in the Provincial Competitiveness Index (PCI) to get drastic improving solutions. It will make a plan to contact and work with associations and enterprises to grasp the development situation, difficulties, and problems in the production and business activities and the development of the industry to propose the city solutions to remove … [Read more...] about HCMC’s industry, trade focus on supporting business recovery, market expansion
Ultra-luxury residences hit Vietnam
While branded residences generally attract a price premium compared to a non-branded property, the value and benefits that owners enjoy often outweighs it. Wealthy individuals are also attracted to the trophy status of a branded residential product as it provides the kudos of being associated with the internationally recognised brand. Their appeal makes branded residences a community of like-minded individuals with common values and share a similar level of affluence. Their limited supply also means they are more exclusive – a value highly appreciated by the affluent elites. … [Read more...] about Ultra-luxury residences hit Vietnam
Quang Binh asked to improve business environment to lure more investors
Quang Binh (VNA) – Quang Binh should give greater attention to administrative reform as well as e-government and smart city building, thus creating a transparent and open business environment to lure more investors, stated Deputy Prime Minister Trinh Dinh Dung at the central province’s investment promotion conference on January 18.environmental protection and corporate social responsibility. … [Read more...] about Quang Binh asked to improve business environment to lure more investors
Co-working space expects huge rise in demand
Hanoi (VNA) – Many businesses have struggled due to the COVID-19 pandemic, but co-working spaces have bucked the trend and are expected to expand in the coming time, fuelled by companies seeking flexible leasing contracts, according to Savills experts. Director of Savills Hanoi Matthew Powell said co-working spaces that provide flexibility for various kinds of businesses will develop, explaining it is sparked by the outbreak as well as demand for communication and exchange within the firms. Meanwhile, structural changes in the retail sales sector have added a certain number of spaces for the office market, he said, flexible office models could branch out in tandem with the retail sales market since they revolve around shared amenities such as public transport, parking lots, restaurants, and entertainment. Shared office space is normally operated under month-to-month leasing contract. However, the market saw strong surge in demand for this kind of office, and most of which … [Read more...] about Co-working space expects huge rise in demand