Bitcoin has been making people fortunes in recent times, and a more tangible version of the cryptocurreny is also poised to bring some Lunar New Year cheer to Vietnamese children next month. Metallic coins with Bitcoin logos are joining the popular chocolate coins as alternatives to cash given away in red envelopes known as li xi, or lucky money, to children during Tet, the biggest festival of the year in Vietnam, which will fall in mid February. For the past few months, online shops in Vietnam have been importing coins bearing the Bitcoin logo to sell for VND80,000 ($3.5) to serve the rising demand for the currency that has helped many miners strike it rich following its boom in recent months. Bitcoin, the biggest and best-known cryptocurrency, rose around twentyfold last year, climbing from less than $1,000 to nearly $20,000, a record level which has been attributed to surging demand in China, where authorities say it is being used to channel money out of the country. A seller named Long in Ho Chi Minh City said he has been selling the physical Bitcoins for two months via Facebook. The current demand is still low, around 10 coins per week, with each of his customers buying two coins on average, but it will rise as Tet nears, he said. Each gold plated Bitcoin that Long sells is 3 millimeters thick, weighs 28 grams, has a 40-millimeter diameter and is covered in a protective acrylic case. Long said more online shops have… [Read full story]
(Cinet)- The Ministry of Culture, Sports and Tourism has issued documents on organizing the welcoming of the Lunar New Year of the Ox 2009 to send the Department of Culture, Sports and Tourism of provinces, cities and agencies , units belonging to the Ministry to request to organize well some tasks to serve people nationwide and hold up for officials, the staff of the whole branch to welcome the Lunar New Year of the Ox 2009 to be exciting, safety, and economical. Accordingly, requesting the heads of agencies, units belonging to the Ministry, the director of the Department of Culture,…... [read more]
(Cinet)- Once upon a time, Tet market become a essential habit and custom of Vietnamese people. Until now, Tet market is marked by an abundance of decorations in the street and traditional food in the shops. Everyone is eager going to market to prepare a happpy Tet in a family. For Vietnamese people, Tet (Lunar New Year) is an occasion not only to enjoy the change of year with family and friends but also the chance to thank the gods, spirits and nature, to visit friends, relatives and teachers, and to remember and honor their forebears. Buying for Tet was…... [read more]
Vietnam's Government Office on Thursday announced the government is favoring a proposal that would have the upcoming Lunar New Year (Tet) break start two days before New Year's Day, which falls on February 16, 2018."The holiday would start on [December] 29 and people would go to work from [January] 6," said Mai Tien Dung, Minister, Chief of Office of the Government Office, referring to the dates in the lunar calendar. The holiday would accordingly be from February 14-20."We should not have a short break so public servants can visit their hometown, family, relatives and friends, but the break should not…... [read more]
Prime Minister Nguyen Xuan Phuc has signed off on a proposal that will have the upcoming Tet break start two days before Lunar New Year's Day, which falls on February 16, 2018. This option is the first of the two seven-day options proposed by the labor ministry in September. Under the second option, the holiday will start on February 15, a day before Tet, and run until February 21, the sixth day of the New Year. Schools and other businesses across the country usually follow the same break as government offices. "The holiday would start on [December] 29 and people would go…... [read more]
