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The lobby of OfficeHaus in Tan Phu District, HCM City. The city's office market recovers after two years being affected by COVID-19 pandemic. — Photo courtesy of OfficeHaus After a two-year slump due to COVID-19, the HCM City office for lease market is showing positive signs with demand increasing in all segments. A CBRE report said there was good recovery in the office market with total net absorption in the first quarter of 17,000 square metres (sq.m), equivalent to 32 per cent in 2021. Relocation accounted for 55 per cent of the transactions, lease renewal for 25 per cent and expansion for 20 per cent, it said. There were transactions for large areas in some high-quality grade B buildings in both the CBD and other hubs such as Thu Thiem new urban area, District 7 and District 10, the company said. Savills said demand for office space was 16,500sq.m compared to just 1,500sq.m in the fourth quarter of 2021. It partly attributed the increase to the city’s post-pandemic … [Read more...] about HCM City office market coming out of slump: property  consultancies

After nearly 300 years, two whale skeletons in Quang Ngai Province, central Vietnam have been restored and put on display for public view. It is common practice amongst Vietnamese fishermen to store the skeletons of whales that washed ashore in temples. There, locals worship the bones of these massive sea creatures. In Ly Son District, a string of islands off the coast of central Vietnam, two of these skeletons were recently completely restored for a public display. Grandfather fish Fishermen in Vietnam call whales ‘grandfather fish,’ implying that they are of a high status. In Ly Son, an area which holds whales in particularly high regard, locals are excited for their two recently restored whale skeletons to be put on display. “Very soon everyone will get to see the grandfather fish at the Tan temple,” said 79-year-old Pham Thoai Tuyen. According to Tuyen, whales only rest in peace where people have spiritual faith in them, thus Ly Son is an area of peace. … [Read more...] about Vietnamese whale worshippers rejoice as 300-year-old skeleton restored