A mountain bike through the remote mountainous region surrounding Sa Pa District in the northern province of Lao Cai will commence on Friday. The three-day 'Vietnam Mountain Bike Marathon' race promises a truly pioneering ride against a backdrop of the highest peaks in Indochina and Hoang Lien National Park deep in the far north, organizer Topas Travel said in a press release on Wednesday. According to the organizer, racers will be the first to tackle these trails through rice terraces and ethnic minority villages. The route covers large parts of very remote mountains, meaning competitors will have access to landscapes that typically remain out of reach. The first day includes a 50km journey north of Sa Pa to an area populated largely by the Hmong ethnicity, while the second day features a 68km ride to a southern locale inhabited by the Tay and Red Dao people. The race then will conclude with a shorter stage around Sa Pa Town through Black Hmong villages. “We have spent countless hours as a team out in the mountains seeking out great trails for people to race on,” David Lloyd, one of the event’s directors said. “The result is a hard, but extremely beautiful race that was born from our collective passion for Vietnam and riding bikes,” he added. “We are now very excited to welcome international riders and show them what Vietnam has to offer.” Participants from 22 countries have signed up for the race. Among them is a group of Vietnamese sponsored by Cube Vietnam. "Cube is very happy to be supporting a team of Vietnamese riders in this race,” Christina Lin, representative of Cube Vietnam, said in the press release. “We want to not only support young cyclists …
Tt racers
No longer easy gains
Stock Market No longer easy gains By Trieu Duong Wednesday, Feb 10, 2021,09:04 (GMT+7) No longer easy gains By Trieu Duong The sudden, shocking correction will definitely affect not only existing investors but also those intending to join the market, which may stall the money flow in the upcoming time - PHOTO: TRAN NGOC LINH After a period of hot growth and extensive cash flows in all markets, the drastic correction in mid-January will force stock investors to become more prudent if they are not to lose all the earnings from the recent strong rally. With the recent strong correction, up to 899 stocks had rallied against end-2020, with 235 stocks posting a price rise from 20% upwards. Of note, up to 40 stocks surged from 50% upwards, and some even recorded a double price rise after only 10 trading sessions of the first two weeks of January 2021. Strong money flows helped investors make easy profit with almost all stocks during the early days of the year, turning the stock market into the easiest money making channels over the past many years. Many new stock accounts have been opened, liquidity has surged and continuously made records, causing frequent overloads during the ends of the trading sessions on the Hochiminh Stock Exchange (HOSE) though the minimum trading lot was raised to 100 shares from the beginning of the year. Nevertheless, these developments seemed to be the warning signals for a correction, which immediately occurred afterwards. The drastic fall of the VN-Index on January 19, 2021 would probably be mentioned many years afterwards, and may have caused quite a big panic among many investors, especially newcomers. The sudden, shocking correction will definitely affect not only existing investors but also those intending to join the market, which may stall the money flow in the upcoming time, especially when there are more warnings against asset bubbles or highly priced stocks. This is …
Fresh flower showroom opens in Da Lat
Visitors and local people can enjoy fresh flowers and plants at a 1,200 sqm showroom opened on January 23rd by the Da Lat Flower-Forest Bio-Technology Company. More than 1,000 diverse flower species, including special local plants and imported flowers, are being showcased at the showroom with wonderful designs of different architectures to make visitors feel impressive. Earlier, the Company opened a showroom of artistic dried flowers in the City for visitors. Da Lat City, a famous flower-growing area in Vietnam, provides a large number of flowers to markets at home and abroad. Source: TT Translated by Duy Minh …
