LINK Surges to 2021 Levels as Trump’s World Liberty Buys More Chainlink Tokens

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LINK neared $30 in Asian morning hours Friday, data shows, with open interest (OI) on the token’s futures zooming to record highs above $860 million.

Donald Trump-backed World Liberty Financial just increased its holdings of Chainlink’s LINK token.

The project purchased another $1 million worth of LINK late Thursday, data shows, for the second straight day, increasing its LINK stash to $2 million worth of tokens. It additionally brought $246,000 worth of Aave’s AAVE, taking total token holdings to $1.2 million.

LINK is now World Liberty Financial’s fourth-largest holding after ether (ETH), bitcoin (BTC) and tether (USDT).

Backed by the Trump family, World Liberty Financial is a unified platform where users can borrow and lend cryptocurrencies, create liquidity pools and transact with stablecoins. WLFI serves as a governance token for the platform.

It uses data provider Chainlink’s services for better integrating with the wider crypto ecosystem. Chainlink supports the platform by providing crucial pricing data and cross-chain interoperability infrastructure, per a November report.

Chainlink bridges blockchains and off-chain systems, providing smart contracts with access to real-world data, external APIs, and other off-chain resources. LINK tokens, among other are used to pay node operators for their services in retrieving and preparing off-chain data or performing computations.

Part of investor demand for LINK tokens is directly tied to the utility and adoption of Chainlink’s oracle services.

And the market is positively reacting to the Trump-linked purchases — LINK prices are up 22% in the past 7 days and more than 130% since World Liberty Financial first onboarded Chainlink, helping the token reach price levels last seen in early 2021.

LINK neared $30 in Asian morning hours Friday, data shows, with open interest (OI) on the token’s futures zooming to record highs above $860 million.

OI refers to the number of unsettled bets in futures markets. A bump in prices alongside rising OI is generally considered a bullish sign, as it suggests investors are willing to commit new capital to the expectation that the price will continue to rise.

Pho-Cooking Robots and AI Innovations Transforming Vietnam’s Tourism Industry

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During the 2024 Hanoi Food and Culture Festival, held from November 28 to December 1, visitors were introduced to a groundbreaking experience with “Pho So Ha Thanh,” where a smart robot assisted in cooking and serving Vietnam’s iconic pho. This intelligent robot not only participated in the cooking process but also delivered bowls of pho directly to diners, sparking curiosity and excitement among both locals and tourists eager to try a traditional dish prepared by cutting-edge technology.

Earlier in September 2024, at the HorecFex Vietnam technology and innovation forum for the hospitality sector, a $15,000 tourism robot imported from Hong Kong was showcased at the Ariyana International Convention Center in Da Nang. This robot, equipped to interact with and guide visitors, highlighted the growing role of AI in enhancing guest experiences.

In October 2024, a waiter robot debuted at Premier Pearl Hotel in Vung Tau, drawing attention for its ability to serve food, clear tables, and offer refreshments to guests in the lobby.

AI Applications Beyond Robotics

Robots are only one aspect of AI’s application in Vietnam’s tourism industry. In recent years, businesses and local authorities have increasingly embraced digital transformation and AI to stay ahead of trends and enhance service delivery.

Among the most popular AI tools is the chatbot, which interacts with customers across platforms like Messenger, Zalo, WhatsApp, and official websites. These bots provide instant support, answering frequently asked questions about flights, accommodations, services, and prices. Leveraging AI, chatbots analyze customer behavior to offer personalized recommendations for destinations, tours, and travel itineraries, while also communicating in multiple languages to cater to international visitors.

AI is also pivotal in processing and analyzing customer data. Advanced algorithms filter and identify travel preferences and habits, enabling businesses to anticipate trends and adapt strategies to meet customer needs. This technology helps optimize pricing strategies, ensuring competitive rates that attract customers while maximizing profits.

Moreover, AI supports tourism enterprises in managing distribution channels. Platforms like Traveloka and Agoda utilize AI to dynamically adjust prices, streamline inventory management, and enhance revenue strategies. Automated systems monitor global distribution networks, update prices, and refine distribution plans to maximize profitability.

A Promising Future

AI’s applications extend beyond pricing and logistics. The technology is also being used to create and optimize content, such as images, videos, and service descriptions, to attract target audiences. This capability improves marketing efforts and enhances customer engagement across various platforms.

Looking ahead, AI is expected to play an increasingly vital role in Vietnam’s tourism industry. From personalizing travel experiences and minimizing security risks to optimizing passenger distribution and crafting detailed itineraries, AI holds immense potential to transform the sector.

AI also empowers businesses to refine promotional materials, websites, and marketing content, enabling them to effectively reach diverse customer demographics both domestically and internationally.

As AI becomes more prevalent in Vietnam’s tourism sector, it opens up exciting opportunities for innovation and growth. This technological advancement promises to drive Vietnam’s tourism industry toward a more sustainable, efficient, and customer-centric future.

Ho Chi Minh City Prepares for Tao Dan Spring Flower Festival & Lunar New Year Flower Market 2025

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The People’s Committee of Ho Chi Minh City has issued a plan to organize the 45th Tao Dan Spring Flower Festival and the Lunar New Year Flower Market 2025.

Accordingly, the Spring Flower Festival for the Lunar New Year of 2025, themed “A Beautiful Homeland, Joyful Spring of Peace”, is scheduled to take place over 10 days, from January 24, 2025 (the 25th day of the lunar December) to February 2, 2025 (the 5th day of Tet). The event will be held at Tao Dan Park.

The festival will feature an exhibition and competition showcasing artistic floral creations, with over 2,620 high-quality exhibits in various categories, including:

  • Apricot blossoms
  • Bonsai
  • Miniature landscapes and rock gardens
  • Orchids
  • Adeniums
  • Ornamental fish, aquariums, and terrariums
  • Combined ornamental plants, fruit-bearing trees, and rare species
  • Decorative stones and driftwood.

Additionally, the festival will host a three-day songbird competition from January 25 to January 27, 2025 (equivalent to the 26th to 28th day of lunar December). Traditional Tet activities such as lion and dragon dances, traditional martial arts, folk performing arts (puppetry, folk music, etc.), folk games, circus and magic shows, painting and art exhibitions, craft-making activities for children and teenagers, Vietnamese calligraphy, tea ceremonies, culinary culture displays, and daily themed music performances will also be held.

People go to the flower market on the wharf and under the boat in District 8 (Photo: Minh Tan)

The Lunar New Year Flower Market 2025 will be organized at multiple venues, including:

  • Three public parks: September 23rd Park, Le Van Tam Park, and Gia Dinh Park.
  • A location in Thu Duc City.
  • The “Floating Flower Market” in District 8.
  • The Tet Flower Market at Binh Dien Market.
  • The Flower Market and Flower Street in Phu My Hung (District 7).

The flower market will run from January 22, 2025 (the 23rd day of lunar December) to 12:30 PM on January 28, 2025 (the 29th day of lunar December).

@vtv.vn

Kon Tum Ranks Second in the Central Highlands for Tourist Visits

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According to statistics, Kon Tum province ranks second in the Central Highlands region (after Lam Dong) in terms of tourist arrivals.

On December 11, the Department of Culture, Sports, and Tourism of Kon Tum province organized the Kon Tum Tourism Promotion and Advertisement Conference for 2024.

This event is part of the activities marking the 5th Culture-Tourism Week and the 2nd Festival of Gongs and Xoang Dance of the Kon Tum ethnic people in 2024.

Kon Tum province tourism promotion conference in 2024

Statistics indicate that in 2023, Kon Tum welcomed 1.3 million visitors, including 5,000 international tourists. By 2024, the total number of visitors is expected to reach 2.3 million, with international arrivals increasing to 8,500. This makes Kon Tum the second most-visited province in the Central Highlands region, after Lam Dong. To date, Kon Tum has officially recognized 13 tourist sites and one provincial-level tourism area.

Mang Den night economic zone shimmers in the lights among the pine forest

Kon Tum is actively surveying and assessing new potential tourist sites to expand tourism types and enhance the province’s appeal to both domestic and international visitors.

From 2022 to the present, Kon Tum has supported and guided more than 110 investors and businesses, attracting 18 new projects with a total investment of over VND 2,214 billion. Of these, Kon Tum City accounts for 16 projects with a total registered capital of over VND 1,336 billion, while Kon Plong District has two projects with a total registered capital of over VND 877 billion.

To make tourism a spearhead economic sector by 2030, Kon Tum plans to boost ecology and resort tourism in areas such as Mang Den, Ngoc Linh, and Chu Mom Ray; develop community-based tourism; and leverage the cultural values ​​of ethnic areas.

Additionally, the province aims to implement 153 projects, including 40 in trade, services, and tourism, to better meet tourist demands. There will be a focus on improving transportation infrastructure and enhancing connectivity to key tourist destinations such as the Bo Y International Border Gate and Mang Den.

At the conference, Mr. Pham Van Thuy, Deputy Director General of the Vietnam National Authority of Tourism, remarked that Kon Tum boasts a cool climate, a unique and diverse ecosystem, and rich cultural heritage from various ethnic groups. However, he noted that the province’s infrastructure remains underdeveloped, the quality of its tourism workforce is insufficient, and its tourism products are neither diverse nor attractive enough to fully capitalize on the province’s potential and strengths.

@Thanhnien.vn

Vietnamese Travelers Flock to Book Rooms in Da Lat and Phu Quoc for Lunar New Year

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Vietnamese tourists prefer destinations with cool climates or coastal locations for the Lunar New Year of 2025, according to Booking.com.

Young people take photos in Ao Dai in front of Ben Thanh Market (HCMC) on January 1. Photo: Linh Huynh.

On December 12, the online travel platform Booking.com revealed the most searched destinations by Vietnamese tourists for this year’s Lunar New Year holiday. The data was collected from searches made between November 28 and December 5, with check-in dates ranging from January 24, 2025, to February 9, 2025 (the 25th day of the 12th lunar month to the 12th day of the first lunar month of the Year of the Snake).

For domestic destinations, Vietnamese travelers favor locations with cool weather and coastal areas for the New Year holiday.

Specifically, Da Lat continues to lead the list of favorite domestic destinations, with a 300% increase in searches compared to last year. This picturesque highland city offers stunning natural landscapes, a cool climate, and a peaceful atmosphere, making it an ideal spot for relaxation.

Coastal destinations such as Nha Trang and Phu Quoc remain popular among beach lovers and enthusiasts of water sports.

Nha Trang beach began to get crowded from the afternoon of April 27 when the temperature gradually cooled down. Photo: Tuong Vi.

Meanwhile, major cities like Da Nang, Ho Chi Minh City, and Hanoi are favored for their rich history, vibrant culture, and diverse culinary scenes.

For those seeking a tranquil environment, Vung Tau provides a serene beach experience. Hoi An and Sa Pa are also ideal choices for exploring ancient temples, picturesque scenery, and diverse cultural heritage.

With 75% of Vietnamese tourists expressing a preference for destinations with cool daytime weather, these domestic locations offer a perfect blend of relaxation and adventure.

On the international front, Southeast Asian countries remain popular among Vietnamese travelers due to their geographic proximity, cultural similarities, and visa-free policies.

Tourists check in at a row of yellow ancient houses in Hoi An. Photo: Pham Thang.

Bangkok (Thailand) continues to top the list of the most searched international destinations, with a 100% increase in searches compared to the same period last year. Tokyo (Japan) and Phuket (Thailand) follow closely behind.

Additionally, an increasing number of Vietnamese tourists are showing interest in unique experiences, as seen in the inclusion of Dubai (UAE) in the list of favorite destinations, with an 80% rise in searches compared to the previous year.

Varun Grover, Country Director for Booking.com in Vietnam, noted that travelers are blending familiar, beloved destinations with newer, more exciting ones, whether it’s cool highlands, vibrant coastal cities, or tranquil retreats.

“It is clear that Vietnamese tourists are seeking destinations that allow them to connect with nature, their loved ones, and themselves. We are committed to enhancing travel experiences, making it easier for travelers to explore Vietnam and the world in the Year of the Snake,” said Varun.

@Znews

Free Music Performances on Da Lat’s Vintage Train Through 2024

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In celebration of the Da Lat Flower Festival and New Year’s 2025, the railway sector is hosting a series of free activities for visitors at Da Lat Station and on the Da Lat – Trai Mat vintage train route.

According to the Railway Transport Joint Stock Company, from December 10 to January 1, 2025, passengers on the Da Lat – Trai Mat train route will enjoy complimentary live music performances on all train trips. The train operates daily with the DL3/DL4 and DL9/DL10 services, with additional trips DL7/DL8 and DL11/DL12 running on weekends. Guests will also be offered complimentary tea and light refreshments on board.

From December 10 to January 1, 2025, visitors on the Da Lat – Trai Mat train route will enjoy free music performances on all trains.

Ticket prices for the Da Lat – Trai Mat route range from 60,000 VND to 150,000 VND per trip. Numerous attractive promotions are available, including a 25% discount for round-trip tickets and a 15% to 40% discount for groups of 10 or more. Notably, tour guides accompanying groups will be provided with free tickets.

@SGtiepthi

Sam Son Targets 9.6 Million Tourists in 2025

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With a goal of welcoming 9.6 million visitors, the coastal city of Sam Son expects to generate approximately 21 trillion VND in revenue.

This information was shared by Le Van Tu, Chairman of the Sam Son City People’s Committee, at the recent conference reviewing tourism activities in 2024 and outlining tasks for 2025.

Aiming to transform Sam Son into a city of festivals, a hub for premium entertainment, and a leading health and wellness tourism destination in the North Central region, the city is actively implementing key tasks and solutions to maintain its leadership position within the province. Sam Son strives to be an attractive, friendly, and safe destination for tourists.

To achieve these goals, Sam Son plans to focus on comprehensive measures, strengthening the effectiveness of state management in tourism services, diversifying tourism products to attract more visitors, and extending tourism activities throughout the year. The city will also improve communication, promotion, and workforce quality to create a significant breakthrough in tourism standards by 2025. Additionally, Sam Son will continue to enhance inspections and monitoring, promptly addressing violations such as pressing tourists into buying services, overpricing, or resisting law enforcement.

In the final months of 2024 and early 2025, Sam Son will carry out urban beautification efforts, clearing street vendors and kiosks encroaching on sidewalks as part of a planned commercial arrangement. Policies will also be implemented to encourage businesses to renovate, upgrade, and modernize their facilities to better serve visitors.

In 2024, Sam Son welcomed 8.86 million tourists, making it one of the districts, towns, and cities with the highest tourist volumes in Vietnam, with an estimated total revenue of 17.1 trillion VND. The city also successfully hosted various cultural, sports, tourism, and festival events, attracting attention from both domestic and international visitors.

@vtv.vn

Tra Vinh Launches Macapuno Museum

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Macapuno, not only an economic crop but also a cultural icon, holds a special place in the identity of Tra Vinh’s Cau Ke district. The museum aims to honor the origins of this unique coconut species and showcases its role in the lives of the Kinh, Khmer, and Hoa communities. Exhibits include historical artifacts, stories of local traditions, and life under the shade of the Macapuno palm.

Close-up of the relief in the museum.

A highlight of the museum is the wax statue of Venerable Thach So, who brought Macapuno seeds from Cambodia to Botumasakor Pagoda in Cau Ke, Tra Vinh, in 1924. This act marked the beginning of Macapuno cultivation in Vietnam. The first two trees successfully bore fruit, paving the way for this rare delicacy to flourish in the region. Thanks to the monk’s efforts, many local families have improved their livelihoods while preserving the cultural heritage tied to this unique coconut variety.

The Macapuno Museum is more than a historical archive; it enriches the cultural and tourism landscape of Tra Vinh. It provides a platform for residents, tourists, researchers, and collectors from across the globe to delve into the history of Macapuno and the cultural tapestry of the region. This cultural hub stands as a testament to the enduring legacy of the Macapuno palm and its integral role in shaping the lives and traditions of Tra Vinh’s diverse communities.

KKR Investment Fund: A Decade of Strategic Investments in Vietnam

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Since 2011, KKR, one of the world’s leading investment funds managing assets worth $528 billion, has invested over $1 billion in Vietnamese companies. Notable deals include Masan Consumer, Vinhomes, KiotViet, and EQuest Education Group, showcasing its strategic focus on Vietnam’s dynamic market.

On December 10, Prime Minister Pham Minh Chinh welcomed Mr. David Petraeus, a co-owner of KKR. During the meeting, the Prime Minister acknowledged KKR’s significant contributions to Vietnam’s economic development through high-impact investments.

Success Stories in Vietnam

KKR’s approach to the Vietnamese market has been marked by lucrative short-term investments. Its first foray was the Masan Consumer (MCH) deal, where it invested $359 million for an 18% stake. By 2016, KKR exited the investment, reportedly doubling its capital.

Another notable success was with Masan Group (MSN), where KKR invested $100 million and earned $209 million upon divestment. Similarly, in 2020, KKR led a $650 million investment in Vinhomes (VHM), acquiring over 6.6% equity. Within a year, Viking Asia Holdings II PTE. LTD, a KKR affiliate, divested part of its stake, earning a profit of approximately VND 1,070 billion (~$44 million).

Challenges and Diversification

Despite its successes, KKR faced challenges, such as its investment in Masan MeatLife (MML). The $150 million investment in 2017 resulted in a $38 million loss upon divestment.

Beyond consumer goods and real estate, KKR has diversified into education and technology. It invested $22 million in EQuest Education Group, now holding nearly 55% of the organization through Equinox II PTE.LTD. In 2021, KKR led a $45 million Series B funding round for KiotViet, a tech platform supporting small and medium enterprises.

Future Prospects

In 2023, KKR reportedly negotiated with Singapore-based Heliconia Capital, owned by Temasek Holdings, to acquire Saigon Medical Group (MSG), Vietnam’s largest private eye hospital chain. While the deal’s completion remains unconfirmed, it underscores KKR’s continued interest in Vietnam’s healthcare sector.

KKR’s track record in Vietnam demonstrates its ability to identify and capitalize on high-growth opportunities, contributing to the country’s economic transformation while reinforcing its position as a leading global investor.

Dự án “Đến Trường An Toàn” của Prudential cùng hành trình 5 năm nâng cao ý thức an toàn giao thông tại Việt Nam

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Vào những ngày cuối tháng 11 vừa qua, chuỗi sự kiện phát động dự án “Đến Trường An Toàn” của Prudential đã diễn ra sôi nổi tại 6 điểm trường tiểu học thuộc hai tỉnh Gia Lai và Yên Bái, đánh dấu cho sự mở dầu của hàng loạt hoạt động kỷ niệm 5 năm triển khai dự án tại Việt Nam. 

Trong bối cảnh tỷ lệ tai nạn giao thông liên quan đến học sinh vẫn còn cao và tình trạng an toàn giao thông quanh các khu vực trường học chưa được đảm bảo, công ty TNHH Bảo hiểm Nhân thọ Prudential Việt Nam đã phối hợp với Ủy ban An toàn Giao thông Quốc gia, Bộ Giáo dục và Đào tạo, cùng Quỹ Phòng chống Thương vong Châu Á (AIP) để phát triển và triển khai dự án từ năm 2019.

Sau 5 năm triển khai, dự án “Đến Trường An Toàn” đã gặt hái được nhiều thành quả đáng tự hào với những con số ấn tượng, ghi dấu một hành trình ý nghĩa với những đóng góp quan trọng trong việc nâng cao nhận thức về an toàn giao thông (ATGT) cho học sinh tiểu học và cộng đồng.

Trong năm học 2024 – 2025, dự án “Đến Trường An Toàn” tiếp tục được triển khai với mục tiêu củng cố các kiến thức và kỹ năng liên quan đến ATGT của các em học sinh tiểu học, từ đó hình thành thói quen tốt cho trong việc chấp hành các quy định về ATGT. Dự án hướng tới mục tiêu mở rộng quy mô đến 23 trường học, mang lại lợi ích thiết thực cho hơn 15.000 học sinh và 800 giáo viên. 

Sự kiện được tổ chức tại các trường tiểu học Phan Chu Trinh, Lê Lợi và Nguyễn Trãi (tỉnh Gia Lai, từ ngày 25 đến 26 tháng 11) cũng như các trường Minh Quân, Việt Thành và Hưng Khánh (tỉnh Yên Bái, từ ngày 28 đến 29 tháng 11) đã thu hút sự tham gia của tổng cộng 3000 học sinh, giáo viên cùng phụ huynh cùng đại diện các bên liên quan.

Trong 5 năm qua, những nỗ lực không ngừng của dự án đã tạo tác động tích cực đến hơn 12.000 và 580 giáo viên tại 16 trường học thuộc 6 tỉnh thành, qua một chuỗi các hoạt động toàn diện. Không chỉ dừng lại ở việc đẩy mạnh giáo dục mà các hoạt động trong khuôn khổ dự án còn tập trung vào việc cải tạo cơ sở hạ tầng giao thông quanh trường học, giúp giảm thiểu rủi ro cho học sinh. Đặc biệt theo số liệu từ Ủy ban ATGT Quốc gia, tại Quảng Ngãi, tỷ lệ tử vong do tai nạn giao thông đã giảm 47% trong quý 1 năm 2023, minh chứng cho hiệu quả rõ rệt và sức ảnh hưởng từ những nỗ lực của dự án.

Các em học sinh tham gia các trò chơi tương tác sáng tạo theo các chủ đề liên quan đến ATGT như Ô chữ kỳ diệu, Đuổi hình bắt chữ, Hỏi nhanh – Đáp gọn, Sắc màu giao thông,v.v…

Nhân dịp kỷ niệm 25 năm phát triển tại Việt Nam, dự án “Đến Trường An Toàn” tiếp tục đóng góp vào việc thực hiện sứ mệnh của Prudential tại Việt Nam khi chung tay xây dựng một xã hội văn minh, nơi ý thức về an toàn giao thông ngày càng được nâng cao, bảo vệ tương lai cho thế hệ trẻ.

Italy Set to Scale Back Planned Tax Hike on Crypto Capital Gains: Reuters

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The tax increase will be significantly reduced during parliamentary work, lawmakers said.

Italy is set to trim its planned tax increase on crypto capital gains, Reuters reported on Tuesday.

Two months ago, the government was intent on raising the tax to 42% from 26% by the end of December.

“The tax increase will be significantly reduced during the parliamentary work,” lawmakers Giulio Centemero and Federico Freni, a junior minister at the Treasury, said in a statement according to Reuters.

The decision to increase the capital gains tax was inspired by the rising popularity of investments in crypto, especially bitcoin, which climbed above $100,000 last week. The “phenomenon is spreading,” Deputy Finance Minister Maurizio Leo told Bloomberg in October after announcing the news.

CoinDesk reached out to Centemero and Freni for a comment.

Bitcoin’s $100K Breakout Pause Likely Due to Liquidity Factors and Nvidia’s Stalled Rally

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Slower inflow of liquidity and risk-off cues from NVDA might be holding back the upside.

For the third week, bitcoin (BTC) remains locked in a price range between $90,000 and $100,000, punctuated only by Dec. 5’s short-lived rise into six figures.
This indecisive price action might have left traders feeling uninspired, with two key reasons holding back the upside.

First, the influx of liquidity into the crypto market through channels like spot exchange-traded funds (ETFs) has significantly slowed, taking the wind out of the bullish momentum.

The weekly rate of change in the so-called market liquidity impulse index, which tracks stablecoin mints, inflows into BTC ETFs and changes in futures market parameters, has more than halved to $7 billion from highs above $15 billion seen early last month, according to data tracked by 10x Research.

“This slowdown in liquidity growth may partially explain why bitcoin is struggling to sustain levels above $100,000,” Markus Thielen, founder of 10x Research, said in a note to clients Wednesday.

The liquidity indicator has chalked out lower highs of late, diverging bearishly from BTC’s price.

Stablecoins are cryptocurrencies pegged to an external reference like the U.S. dollar and are widely used to fund crypto purchases. Meanwhile, ETFs are preferred investment vehicles for those looking to take exposure to the cryptocurrency without owning it. The same can be said about CME’s cash-settled futures.

The other reason, overlooked by most pundits, is the slowdown in the uptrend in shares in chipmaker Nvidia (NVDA), the world’s biggest company. Since the debut of ChatGPT in late 2022, NVDA has emerged as a bellwether for all things AI and risk assets in general.

BTC and NVDA bottomed out in late 2022 and boasted a strong positive correlation since then, barring the summer, when supply overhang fears kept BTC from tracking NVDA higher. As of writing, the three-month correlation between the two was 0.6.

Analysts at TheMarketEar believe BTC, with its post-U.S. election surge from $70,000 to $100,000, has caught up with NVDA

“Same psychology; winners like winners. BTC has ‘caught up’ to NVDA. They have little fundamentals in common but are driven by similar psychology,” analysts at TheMarketEar said in a note to clients, adding that NVDA is one of the few stocks that has outperformed BTC this year and over the last five years.

While BTC has risen 130% this year, NVDA has gained 172%, according to data source TradingView.

NVDA’s uptrend, however, has run out of steam since mid-November, with prices now teasing a bearish reversal pattern for heads and shoulders. Besides, the one-year put-call skew now shows calls trading at par with puts, exhibiting a neutral sentiment as opposed to a strong call (bullish) bias early this year, according to data source Market Chameleon.

That said, bullish excesses have been crowded out from the crypto market, as noted in Tuesday’s edition of the Crypto Daybook Americas. With the market normalized to more healthy leverage levels, we could see BTC having another go at the $100,000 mark, but sustainability of the breakout likely depends on liquidity inflows and broader risk sentiment.

Early Bookings for Lunar New Year Tours

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The nine-day Lunar New Year holiday offers an ideal opportunity for springtime travel. Following the official announcement of the holiday schedule, travel agencies have been buzzing with tickets and tour bookings.

Thousands of attractive tours with competitive prices tailored to customers’ travel preferences have been introduced by tourism companies. Many travelers have already visited agency offices to explore itineraries and choose a suitable spring trip for their families.

Ms. Nguyen Cam Van, a resident of Hoan Kiem District, Hanoi, visited a travel agency immediately after the Lunar New Year holiday plan was confirmed. To match her family’s budget, she decided on a domestic destination.

“Every year during Tet, my whole family travels together. It’s a rare opportunity for all family members to be present. This year, we’re choosing domestic travel as it’s more affordable,” Ms. Van shared.

Meanwhile, Thuy Duong and her husband from Hai Ba Trung District, Hanoi, decided to venture abroad this year, selecting China as their destination for the Lunar New Year. She revealed that they had planned the trip a year in advance to secure an early booking and save on costs.

“We planned this trip at the beginning of the year. Each month, we set aside about 10-15% of our salaries to prepare for the upcoming journey,” Ms. Duong explained.

Many travel companies have opened hundreds of early Tet tours. Photo: PLO.

According to surveys, the high demand for travel during holidays inevitably raises travel costs by 15-20% compared to regular days. To encourage early bookings, most travel agencies offer special discounts.

Moreover, the earlier customers plan and book their tours, the greater the discounts they receive.

Travelers are advised to carefully review terms and conditions in their itineraries and contracts to avoid any loss of benefits during their trips.

@vtv.vn

Ba Ria – Vung Tau Welcomes Its 12th Five-Star Hotel

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Malibu Vung Tau Hotel has been officially recognized as a five-star hotel by the National Tourism Administration of Vietnam, making it the 12th five-star hotel in Ba Ria – Vung Tau Province.

On December 9, Malibu Vung Tau Hotel (located on Le Hong Phong Street, Vung Tau City, Ba Ria – Vung Tau) announced its five-star certification granted by the National Tourism Administration of Vietnam. This milestone is a significant achievement in the hotel’s sustainable development strategy, aiming to become a symbol of luxury, sophistication, and class in the region.

Malibu Vung Tau Hotel is recognized as 5 stars

Malibu Vung Tau Hotel began operations in April 2016 and was initially awarded a four-star rating by the Vietnam Tourism Administration in August 2016. In 2019, its service quality system was reaffirmed with a renewed four-star rating.

The hotel’s management shares that since January 2024, they have been committed to enhancing the quality of tourism in Vung Tau City and the province as a whole. The goal is to focus on high-quality tourism, increase the proportion of international visitors, and boost the tourism sector’s contribution to the province’s GRDP. To achieve the five-star standard, the hotel undergoes comprehensive upgrades.

All service facilities, including the swimming pool, children’s play area, bar, and spa, were revamped. Additional VIP dining rooms and a new restaurant were introduced, while guest room interiors were renovated. The hotel also developed a new special floor with various room categories tailored for business travelers and families. The upgrade process was completed in September 2024.

Ms. Tran Thi Thu Hien, Acting Director of the Ba Ria – Vung Tau Department of Tourism, noted that over its eight years of operation and three star-rating certifications, Malibu Vung Tau Hotel has not only demonstrated compliance with tourism regulations but also shown a strong sense of responsibility in fostering the development of the tourism sector. Today, Malibu Vung Tau Hotel stands as one of the 12 five-star hotels in Ba Ria – Vung Tau Province.

@Thanhnien.vn

Vietnam Airlines Adds 3 Aircraft Ahead of Lunar New Year

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The newly acquired Boeing 787-10 will primarily serve domestic and Northeast Asia routes, while the Airbus A320neo planes will be used exclusively for domestic flights.

Vietnam Airlines is the only Vietnamese airline operating Boeing wide-body aircraft. Photo: VNA.

A representative of Vietnam Airlines announced that the airline has received three new aircraft in December, including one Boeing 787-10 Dreamliner and two Airbus A320neo planes. These new aircraft will provide over 100,000 additional seats for the Tet 2025 peak travel season.

specifically, Vietnam Airlines took delivery of an A320neo with registration number VN-A515 on December 7 and a Boeing 787-10 with registration number VN-A877 on December 8. The airline expects to receive another Airbus A320neo with registration number VN-A514 by the end of December.

The addition of these three aircraft brings Vietnam Airlines’ total fleet to 103 planes, including 31 wide-body aircraft (Boeing 787-9, Boeing 787-10, and Airbus A350).

The Boeing 787-10, one of the largest commercial aircraft in the Boeing 787 series, features fuel-efficient engines. Vietnam Airlines remains the only airline in Vietnam to operate this type of wide-body aircraft.

Meanwhile, the new Airbus A320neo is equipped with next-generation engines, offering over 16% fuel savings, a 75% reduction in noise, and approximately 50% lower harmful emissions compared to previous-generation engines.

Earlier, Vietnam Airlines had launched early sales of 2.15 million tickets, equivalent to more than 11,000 flights across its domestic network, to meet passenger demand for Tet travel. Additional flights will focus on routes connecting Hanoi and Ho Chi Minh City/Nha Trang/Da Nang/Phu Quoc/Vinh and routes between Ho Chi Minh City and Da Nang/Hai Phong/Hue/Thanh Hoa/Quy Nhon/Pleiku/Chu Lai /Dong Hoi/Vinh.

Similar to Vietnam Airlines, other Vietnamese airlines are also ramping up their fleets in preparation for the Lunar New Year peak season.

Vietjet Air, for instance, plans to add three new aircraft in December. In addition, the airline intends to lease six to ten wet-leased planes on a short-term basis to accommodate the surge in travel demand during the holiday period.

On November 22, Vietravel Airlines added a new member to its fleet, the 9H-SWN aircraft operated by Avion Express, to serve passengers during the year-end and Lunar New Year 2025 peak seasons.

A survey by the Civil Aviation Authority of Vietnam revealed that domestic airfares for Tet have risen by approximately 20% compared to regular rates.

As in previous years, travel demand surges on routes from the southern regions, especially from Ho Chi Minh City to Hanoi and the northern and central provinces such as Hai Phong, Thanh Hoa, Nghe An, Quang Binh, Quang Ngai, Binh Dinh, Phu Yen, and the Central Highlands. This trend is particularly noticeable in the period leading up to Tet and reverses after the holiday.

@Znews

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