Moji Motions

"(1) Financial Independence, Retire Early (FIRE) is a movement of people devoted to a program of extreme savings (usually 50-70% annual income) and investment (on average 10% annually minimum) that aims to allow them to retire far earlier than traditional budgets and retirement plans would permit. [Mathematical background] FIRE followers comply with the 4% rule, and this simple formula for calculating your FIRE number: Annual Expenses x 25 = FIRE number. It means when you reach the FIRE number, you no longer need to worry about working, because you just need to withdraw 4% from your portfolio annually to cover your expenses. (2) Voluntary social insurance in Vietnam is defined as a form of social insurance organized by the State in which a participant may select a premium rate and a method of premium payment suitable to his/her income and the State supports his/her payment of social insurance premiums for him/her to enjoy retirement and survivor allowance regimes. [Mathematical background] (+) The monthly payment is equal to 22% of the monthly income chosen by the participants of voluntary social insurance. (+) The minimum monthly income selected by participants of voluntary social insurance is equal to the poverty line of rural areas as prescribed by the Prime Minister and the highest is 20 times the base salary at the time of payment. (+) Monthly voluntary social insurance payment = 22% x monthly income chosen by the participants of voluntary social insurance."

(1) Phan Thanh Giản was one of the foremost mandarins of the Nguyễn court. He played a key role in negotiating the Treaty of Saigon with the French in 1862. The treaty had 12 clauses, the most important being : Art. 2- Đại Nam (the country’s name then) allows French and Spanish missionaries to preach and the Vietnamese to practice the Christian faith freely. Art. 3- Đại Nam cedes to France the three eastern provinces of Biên Hòa, Gia Định and Định Tường and the island of Poulo Condor (Côn Đảo). Art. 8- Đại Nam agrees to pay France 4 million dollars worth of silver over 10 years as war reparation. Art. 11- France will return Vĩnh Long Province to Đại Nam once the three eastern provinces have been pacified. (2) Phan Thanh Giản was later recalled to Huế to get instructions to conduct an extraordinary embassy to Paris and negotiate the return of the eastern provinces. In Paris, after intense discussions, French Minister of the Navy and the Colonies Prosper de Chasseloup-Laubat opposed the return of Cochinchina to Vietnam, and with the threat of resignation of the whole cabinet, forced Napoleon III to order the cancellation of the proposed agreement in June 1864. Thus the Saigon Treaty of 1862 remained in full effect. Because of his main role in the negotiations, Phan Thanh Giản was blamed by the Vietnamese people and the Huế Court.

A cryptocurrency is an encrypted data string that denotes a unit of currency. It is monitored and organized by a peer-to-peer network called a blockchain, which also serves as a secure ledger of transactions, e.g., buying, selling, and transferring. Some examples include Bitcoin, Dogecoin, Shiba Inu coin, Lunar coin, etc.

Microcredit is the extension of very small loans to impoverished borrowers who typically lack collateral, steady employment, and verifiable credit history. These banks can implement high or low-interest rates without the intervention of the government.

The landlocked and mountainous Laos aims to become the "Battery of Southeast Asia" to boost its economy and escape its prolonged poverty by exporting hydropower electricity harnessed through its dams on the Mekong River system to its richer neighbours. The development plan was financed through loan grants from China and currently has 16 hydropower stations, Thailand, Cambodia, and Vietnam, as downstream (Lower Mekong) countries, are protesting against dams built in China and Laos (Upper Mekong) for contributing to the prolonged drought conditions in the entire Indochina region.

*E.g: Mulan trying to represent Chinese culture, Raya and The Last Dragon trying to represent Southest Asian culture, Pocahontas trying to represent American Indignous People culture, Moana trying to represent Pacific Insider culture, Aladdin trying to represent Arabian culture, etc.

A sin tax is a tax imposed on goods considered as harmful or undesirable, like the taxes currently imposed on alcohol and cigarettes.