Caxton to shut main hedge fund to new money after record year

According to the airport, 91,000 of the passengers flew into Ho Chi Minh City. Of those inbound, 71,000 were on domestic flights. Among around 58,000 flyers leaving HCMC, 39,000 traveled domestically, and the rest flew internationally. Pre Covid-19, the airport’s peak Tet day and all-time record had been only 128,000 travelers. Friday’s record broke the record made the previous day, which was 145,000. It is estimated that more than 3.8 million passengers will have passed through Tan Son Nhat on 27,000 flights by the end of this year’s Tet holiday, up 10% in compared to the pre-pandemic year of 2019. … [Read more...] about Tan Son Nhat airport sets new single-day passenger traffic record

The VN-Index, which tracks the performance of the Ho Chi Minh Stock Exchange (HoSE), closed above the resistance area of 1,100 points, equivalent to 1,120 points of the VN30-Index, in the last trading week. Although cash flow has not improved much, supply pressure has not put great pressure on the market. The market is expected to continue to be supported and gain points in the next trading sessions. Therefore, investors can still expect the market to expand the uptrend and exploit some short-term opportunities in stocks with positive accumulation background, said Viet Dragon Securities Co. 2022 was an eventful year for the Vietnamese stock market with many records set. After a prosperous 2021, the VN-Index continued to stay at its historic peak for the first three months of 2022. However, the market then declined, putting itself on the list of the worst performers in the world. As of December 27, the benchmark had dropped 34.2% to 1,004.57 points, from the 1,520-point peak … [Read more...] about Positive prospects for Vietnam’s stock market this year

All major streets in Vietnam’s tourist highland city of Da Lat were packed with vehicles on Thursday, the last day of the seven-day Tet break (2023 Lunar New Year) as so many personal cars and passenger vans traveled to the city. The traffic jams were serious as so many vehicles entered the city center even though the number of visitors during this Tet was not too big compared to last year’s edition, as noted by Tuoi Tre (Youth) newspaper reporters. Tran Manh Son, a visitor from Ho Chi Minh City, told Tuoi Tre that it took him nearly an hour to drive his family in his car for a distance of about three kilometers from a hotel on Trieu Viet Vuong Street to Tran Hung Dao Street. “Cars and larger vehicles were overloaded everywhere, so many cars inched a bit, as slow as walking,” Son said. The area of Xuan Huong Lake was constantly congested from 8:30 am to 11:00 am, and the same situation was recorded in many other sites, including the city’s flower garden, the Ong Dao … [Read more...] about Vietnam’s Da Lat City overcrowded with vehicles of Tet goers

Hanoi earned more than VND1 trillion (US$42.6 million) from 330,000 visitors in five days of the seven-day 2023 Tet (Lunar New Year) holiday, according to the city’s tourism department. The number of visitors, calculated from January 21 to Thursday, is three-fold that of the same period last year. That included 32,000 international visitors, most of whom came from South Korea, Japan, Singapore, Thailand, and Canada, and 300,000 domestic tourists. The Van Mieu – Quoc Tu Giam (Temple of Literature - Imperial Academy) in Dong Da District welcomed 80,000 people, while the same number of visitors came to the Huong Pagoda in My Duc District. The UNESCO-recognized Thang Long Imperial Citadel in Ba Dinh District received 19,680 visitors. About 18,000 people visited the Co Loa relic site in Dong Anh District. Duong Lam Village and the Son Tay ancient fortress citadel in Son Tay Town drew some 15,000 visitors, Hanoi Zoo in Ba Dinh District received 17,235 people. The Hoa Lo Prison … [Read more...] about 330,000 visitors bring Hanoi $42.6mn on Tet