Hanoi: Bustling Restaurants and Cinemas on the Last Day of Tet Holiday
On the last day of the Lunar New Year holiday, some commercial centers and restaurants in Hanoi are less crowded, and customers don't have to wait too long to be served. Meanwhile, cafes and cinemas are bustling with customers.
Customers don’t even need advance table reservations. Ms. Ngoc Ha (Thanh Xuan, Hanoi) said that on the 5th day of Tet, she and her group had a meal at a hotpot buffet restaurant and were pleasantly surprised that they didn’t have to wait. The restaurant had many empty tables, and there were plenty of staff, despite still being during the Tet holiday.
The market closed with strong gains, as the VN-Index rose by 11.39 points (0.95%) to reach 1,216.54, while the HNX-Index climbed 1.61 points (0.73%) to 221.29. The market breadth tilted heavily in favor of bulls, with 471 advancing stocks against 247 declining ones. The large-cap stocks in the VN30 basket painted a similar picture, with 24 gainers, 2 losers, and 4 stocks closing flat.
As we approach the year-end portfolio restructuring, two large foreign ETFs, the FTSE Vietnam ETF and the VanEck Vietnam ETF (VNM ETF), with a combined NAV of nearly VND 18,000 billion, are expected to make significant adjustments to their investments.