After a period of closure due to fallen trees and landslide risks from heavy rains, the trekking route to the 2,167-meter-high summit of Langbiang has reopened.
The Langbiang trekking route is considered quite easy to go, however visitors can get lost if they do not go with a tour guide. Photo: Linh Huynh.
According to Mr. Cil Khiot, Deputy Director of Langbiang Tourist Area, the hiking trail to Langbiang (Lam Dong) has now been reopened following about a month-long closure for upgrades and enhanced safety measures.
Previously, the trekking route was closed on September 15 due to heavy rains that caused fallen trees and erosion along sections of the trail, posing safety risks for visitors.
“The trail has now been repaired and is safe for visitors. However, trekkers must follow the mapped route and adhere to guidance from the tourist area. Visitors trekking Langbiang must purchase an entry ticket and book a guided tour to ensure safety,” Mr. Cil Khiot told Tri Thuc – Znews.
Not only domestic tourists, many international tourists are very excited to experience trekking to Langbiang peak. Photo: Linh Huynh.
At a height of 2,167 meters, Langbiang Peak, also known as Ba Mountain, is considered the “roof” of Da Lat city, offering stunning 360-degree views that attract tourists. Located about 18 kilometers from downtown Da Lat in Lac Duong District, Langbiang is part of a mountain complex that includes two main peaks, Ba (2,167 m) and Ong (2,124 m), as well as the Ra Da Hill at 1,929 meters—a popular spot for visitors.
The Langbiang trekking route, spanning 10-12 kilometers, is an exciting experience that attracts young travelers and international tourists visiting the city. Trekkers can start from the entrance of the tourist area, purchase tickets, and follow a trail that passes through coffee plantations, ancient pine forests, and stunning primary forests.
The trek is quite steep, and combined with the cold, thin air, it can be exhausting for hikers. However, the landscape changes with elevation, providing a remarkable experience. From the summit, trekkers can enjoy panoramic views of Da Lat, lush pine forests, and rolling mountains.
For those new to trekking Langbiang, attempting the trail alone can be dangerous. Trekkers risk losing their way, slipping on steep paths, or encountering areas with no cell signal, making search and rescue efforts challenging.
The steep, slippery slopes pose many challenges for visitors. Photo: Linh Huynh.
To ensure safety, Langbiang Tourist Area management has set specific rules for visitors aiming to climb the 2,167-meter Langbiang summit.
Visitors must purchase tickets at the entrance, with climbing permitted from 7 a.m. to 1 p.m. After 1 p.m. or during rainy weather, access to the summit is restricted. Trekkers must stay on the designated route, which is managed by the tourist area and Bidoup Nui Ba National Park. Unauthorized guides and visitors are prohibited from venturing off-trail. Tourists are advised to hire local guides, wear protective gear, and are not permitted to light fires or camp overnight.
Earlier, at the end of September, authorities in Lam Dong successfully rescued two tourists who became lost in the Langbiang mountains during stormy weather. In late August, five students from Ho Chi Minh City lost their way while trekking to the Langbiang summit, becoming stranded in Bidoup Nui Ba National Park (Lam Dong province) for several hours before being rescued.
Over three days, from October 25 to 27, Saigontourist Travel Services welcomed more than 5,800 international tourists arriving on two cruise ships, Celebrity Millennium and Quantum of the Seas.
Tourists from the Celebrity Millennium cruise ship visit Hue Imperial City. Photo: DNCC
The Celebrity Millennium brought over 3,000 guests, docking at Chan May Port (Hue City) on October 25 and Phu My Port (Ba Ria – Vung Tau Province) on the morning of October 27.
During this visit, guests participated in cultural experiences, and tours of heritage sites and natural landscapes in Hue, Da Nang, and Hoi An, and visited lively destinations in Ho Chi Minh City, Ba Ria – Vung Tau, and the southwestern provinces.
On October 26, Saigontourist also welcomed more than 2,800 international tourists from the Quantum of the Seas, docking at Phu My Port. These visitors are set to tour Ho Chi Minh City and Ba Ria – Vung Tau.
These guests will experience specially curated tours, such as culinary tours, countryside cycling, and cooking classes—designed for high-spending tourists from Europe, the US, and Australia.
According to Saigontourist, the cruise tourism segment has rebounded. In the first ten months of this year, the company welcomed a series of international cruise ships, including Europa, Celebrity Solstice, Celebrity Millennium, Spectrum of the Seas, Serenade of the Seas, Quantum of the Seas, Crystal Symphony, Azamara Journey, Azamara Onward, Silver Moon, Resort World One, Silver Shadow, and Mein Schiff.
The launch of options on spot bitcoin exchange-traded funds in the U.S. will reduce the incentives for investors to hold MicroStrategy stock over these ETFs, the report said.
MicroStrategy’s (MSTR) current premium relative to its bitcoin (BTC) stack is unlikely to last, Steno Research said in a report Friday.
“This conviction is reinforced by the diminishing effects of MicroStrategy’s recent stock split,” analyst Mads Eberhardt wrote, adding that the launch of options on spot bitcoin exchange-traded funds (ETFs) in the U.S will also lessen the motivation for investors to hold the stock over these ETFs.
The software company founded by Michael Saylor carried out a 10-for-1 stock split in August, a move that according to Steno has contributed to the recent rally.
Steno noted that the company’s premium relative to its bitcoin horde has recently surged to almost 300%.
This suggests that the firm’s valuation is “diverging significantly from a straightforward calculation of its asset and and business fundamentals,” the report said.
As regulators become more favorable to bitcoin and crypto in general, investors may choose to hold bitcoin directly instead of MicroStrategy stock, Steno said. If Donald Trump is re-elected this regulatory trend is expected to continue.
Bitcoin is expected to perform strongly this quarter and into 2025, which means that an “even higher buying demand would be required to sustain MicroStrategy’s current premium,” the note said.
MicroStrategy’s existing premium is unsustainable, especially given the fact that during the 2021 crypto bull market it was below 200% for most of the time, the report added.
The stock recently hit a new all-time high, having surged over 240% year-to-date.
“Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%,” Hayes told CoinDesk.
With the U.S. election just a week away, markets are waiting with bated breath for the political event that has created “high uncertainty.”
Arthur Hayes, chief investment officer at digital asset investment fund Maelstrom and co-founder of BitMEX, is hedging the election risk with Ethena Lab’s USDe stablecoin while maintaining large bullish bets in bitcoin (BTC), ether (ETH) and other cryptocurrencies.
“Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%. We maintain our large long positions in Bitcoin, Ether, and other tokens,” Hayes told CoinDesk in an email.
Ethena’s USDe is a synthetic dollar, which uses collateralized stablecoin and a hedged cash-and-carry arbitrage strategy to retail the $1 price peg. The funding fee collected from shorting perpetual futures tied to BTC and ETH as a part of the carry trade represents the yield. Staking USDe and acquiring staked USDe, or sUSDe, a reward-bearing token, automatically grants the user access to protocol rewards.
The fund’s allocation in the delta-neutral product will guard against potential market price swings in the lead-up to the election on Nov. 5 and results, due three days later on Nov. 8.
Maelstrom is an investment fund focused on digital assets and managed by the family office of Arthur Hayes (co-founder, BitMEX). The fund’s mandate is to build a portfolio of infrastructure companies that will serve as the foundation of the next wave of trustless decentralization. In addition to managing the fund, Hayes writes the industry-leading monthly newsletter Crypto Trader Digest.
Watch out for a sore loser
Hayes expects risk assets, including cryptocurrencies, to see increased price turbulence for a while if the losing side takes to the street, causing social unrest.
According to traditional media, Republican Donald Trump and Democrat Kamala Harris are locked in a dead heat. Meanwhile, betting on decentralized prediction platforms has the supposedly pro-crypto Trump leading his rival Harris by a significant margin.
“If the election comes and goes with no social unrest, the markets will rip and roar. Post the election, once we know who wins, and the other side accepts the results, then we will deploy all sUSDe into crypto,” Hayes said.
As of Friday, bitcoin options listed on Deribit signaled volatility of nearly 3.8% for Nov. 8. BTC has historically seen more giant swings on random non-event days.
It doesn’t matter who wins
The outcome of the U.S. election is unlikely to significantly alter Bitcoin’s broader bullish prospects, as budget deficits are likely to continue rising irrespective of who takes the presidency. Bitcoin and gold are perceived as safe haven assets, offering a hedge against budget deficits, which tend to be inflationary.
“Both Trump and Harris will print money in the trillions of dollars. In the medium term, it doesn’t matter who wins. Crypto will do well. In the short term, the market understands the ways in which Trump will stimulate the economy because that is the traditional way it has been done in the past. Tax cuts combined with business-friendly deregulation but with no cuts in benefits is what he will do,” Hayes explained.
Legendary trader Paul Tudor Jones voiced a similar opinion last week, saying inflation will continue to rise regardless of whether Donald Trump or Kamala Harris wins the presidency. Several crypto traders are betting on a bitcoin rally to $80,000 and higher after the election.
Potential war is a short-term risk
Looking past the election, a potential escalation of war in the Middle East or Ukraine could lead to short-term pain for risk asset holders.
“The biggest macro risk is if friends and foes of the U.S. engage in aggressive military action while there is confusion as to who is in charge after the election. War is un-investable in the short-term and this would lead to a global risk off,” Hayes quipped, saying that the war’s inflationary impact would eventually bode well for crypto.
“The way to play this risk is to size positions accordingly and use little to no leverage,” Hayes said.
Hướng Dẫn Cách Đào Bitcoin Miễn Phí Và Đơn Giản Cho Người Mới
Là một trong những loại tiền điện tử có giá trị nhất hiện nay, đào Bitcoin miễn phí luôn được nhiều người quan tâm. Đây là cách thức thú vị và khá đơn giản cho những ai vừa bước chân vào thế giới tiền điện tử. Bài viết này sẽ giúp bạn hiểu rõ hơn về đào Bitcoin là gì và có những cách đào Bitcoin miễn phí nào để tham gia.
Đào Bitcoin là gì?
Hiểu theo cách đơn giản, đào Bitcoin hay khai thác Bitcoin (Bitcoin mining) là một hành động mà thợ đào (miner) tham gia vào quá trình xử lý để xác minh các giao dịch trên mạng Bitcoin. Quá trình này sản xuất ra các khối Bitcoin mới và đưa chúng vào nguồn cung lưu thông.
Vì mạng Bitcoin là một mạng lưới ngang hàng, không có trung gian để xác minh các giao dịch nên các thợ đào sẽ làm nhiệm vụ này. Khi đào Bitcoin, các đơn vị BTC mới được tạo ra, với tổng cung 21 triệu Bitcoin, các thợ đào phải sử dụng thiết bị đào chuyên dụng để cạnh tranh, xử lý thuật toán và tìm ra các block BTC mới. Lợi nhuận của thợ đào sẽ phụ thuộc phần lớn vào giá Bitcoin, phần thưởng khối và nhiều yếu tố khác.
Tổng hợp các cách đào Bitcoin phổ biến nhất
Hiện nay có khá nhiều hình thức kiếm Bitcoin miễn phí mà không cần đầu tư vốn ban đầu. Dưới đây là những cách đào Bitcoin miễn phí bạn có thể tham khảo để bắt đầu:
Cách đào Bitcoin miễn phí với Bitcoin Faucet
Bitcoin Faucet đã tạo ra sức hút mạnh mẽ trong thời gian đầu xuất hiện với tổng lượng Bitcoin được trả thưởng lên đến 5 BTC. Mặc dù hiện tại giá trị phần thưởng đã giảm đi nhiều nhưng đây vẫn là một trong những cách kiếm Bitcoin miễn phí tiềm năng cho những ai hạn chế về vốn đầu tư.
Bitcoin Faucet là các website cho phép người dùng kiếm được tiền điện tử Bitcoin miễn phí bằng việc tham gia hoàn thành các nhiệm vụ đơn giản như: Xem quảng cáo, chơi game, giải mã captcha… Một số trang web bạn có thể tham khảo bao gồm: Freebitco.in, Cointiply, FaucetPay.io…
Ưu điểm: Đơn giản, phù hợp với người mới.
Nhược điểm: Phụ thuộc vào mức độ uy tín của các trang faucet, phần thưởng có thể không tương xứng với công sức bỏ ra, tiềm ẩn một số nhiệm vụ làm lây lan mã độc…
Đào Bitcoin thông qua chơi game
Có một cách kiếm Bitcoin đơn giản khác đó là chơi game trên điện thoại. Cách này vừa giúp giải trí, vừa tạo ra cơ hội nhận về phần thưởng là loại tiền điện tử nổi tiếng nhất thế giới. Theo đó, các nhà phát hành game blockchain mới đặt mục tiêu thu hút càng nhiều người chơi càng tốt để gia tăng mức độ phổ biến của game. Chỉ cần tải game về và tham gia dựa trên gameplay của từng trò chơi, hoàn thành các điều kiện trong game để nhận phần thưởng Bitcoin đã được game quy định.
Ưu điểm: Miễn phí, có thể chơi mọi lúc mọi nơi.
Nhược điểm: Ứng dụng thường yêu cầu tài khoản người chơi đạt được một số lượng Satoshi tối thiểu mới có thể rút về.
Đào Bitcoin miễn phí qua Cloud Mining
Đây là cách đào Bitcoin thông qua các nền tảng trung gian, các nền tảng này sẽ chuẩn bị giàn khai thác, vận hành và đảm bảo hoạt động đào BTC. Người tham gia chỉ cần đăng ký và thanh toán những hợp đồng đào Bitcoin từ các nền tảng này để sở hữu tiền điện tử BTC.
Ưu điểm: Tiết kiệm chi phí và thời gian hơn rất nhiều so với việc đào riêng lẻ. Ngoài ra, các hợp đồng khai thác đều nêu rõ điều khoản và quy định về tốc độ băm, giúp người tham gia chủ động hơn trong việc tính toán lợi nhuận và lựa chọn hợp đồng.
Nhược điểm: Cần thanh toán hợp đồng (mức phí khá cao), cần có thời gian để thu về lợi nhuận. Ngoài ra, hiệu quả của việc đào Bitcoin với cách này phụ thuộc phần lớn vào độ tin cậy của tổ chức cung cấp dịch vụ.
Có nên đào Bitcoin miễn phí không?
Để trả lời cho câu hỏi này, chúng ta có thể đánh giá thông qua việc tìm hiểu lợi ích và một số điểm hạn chế mà những cách này mang lại.
Lợi ích
Phù hợp với những người vốn đầu tư thấp: Đào Bitcoin miễn phí phần lớn không yêu cầu vốn đầu tư ban đầu, vì vậy lựa chọn này phù hợp với tất cả mọi người đang quan tâm đến thị trường crypto.
Dễ tiếp cận: Người mới có thể bổ sung kiến thức về thị trường tiền điện tử mà không cần lo lắng quá nhiều về rủi ro tài chính.
Dễ tham gia: Đào Bitcoin miễn phí không yêu cầu kiến thức kỹ thuật quá chuyên sâu.
Hạn chế
Cần nhiều thời gian: Bitcoin kiếm được với những cách này tương đối nhỏ, tốc độ tích lũy chậm.
Lợi nhuận thấp: Cách đào Bitcoin miễn phí không mang lại lợi nhuận cao, thường phù hợp với những ai muốn học hỏi.
Cần kiên nhẫn: Thay vì đầu tư về vốn, người tham gia cần đầu tư về thời gian và tính kiên nhẫn.
Một số lưu ý khi đào Bitcoin miễn phí
Đào Bitcoin miễn phí là cách thức thú vị và phù hợp với những ai đang muốn làm quen với thị trường tiền điện tử mà không cần bỏ vốn đầu tư quá lớn. Mặc dù vậy vẫn có một số vấn đề cần lưu ý để tránh những rủi ro không đáng có và tối ưu hiệu quả nhất có thể:
Đánh giá mức độ uy tín của các trang web, ứng dụng: Có rất nhiều trang web và ứng dụng cho phép khai thác Bitcoin miễn phí nhưng không phải tất cả đều uy tín. Một số trang web và ứng dụng lợi dụng người dùng thông qua những lời hứa hẹn lợi nhuận cao, nhưng sau đó không làm đúng cam kết. Vì vậy hãy luôn cẩn trọng và chọn lựa kỹ lưỡng các nền tảng, đồng thời thường xuyên theo dõi giá Bitcoin để đưa ra quyết định đầu tư đúng đắn.
Nhận biết dấu hiệu lừa đảo: Một số ứng dụng và trang web có thể yêu cầu người tham gia làm nhiều nhiệm vụ hoặc nạp tiền trước khi cho phép bạn rút về Bitcoin. Hoặc không có thông tin minh bạch và công khai về nguồn gốc của trang web, ứng dụng đó.
Cẩn thận với chiêu trò quảng cáo: Bạn có thể bị làm phiền với các quảng cáo hứa hẹn lợi nhuận lớn trong thời gian ngắn khi tham gia đào Bitcoin miễn phí. Nhưng đây là dấu hiệu mà các tổ chức cố tình lừa đảo để thu thập thông tin cá nhân hoặc tài sản của người dùng.
Bảo mật ví Bitcoin của bạn: Ví Bitcoin sẽ giúp bạn lưu trữ và quản lý số Bitcoin mà bạn kiếm được một cách an toàn, đặc biệt khi giá Bitcoin có biến động. Để đảm bảo tài sản được an toàn, bạn cần chọn ví uy tín, lưu trữ cẩn thận các thành phần như khóa riêng, cụm từ khôi phục ví ở nơi an toàn và tuyệt đối không chia sẻ thông tin này cho bất kỳ ai.
Kết luận
Tóm lại, đào Bitcoin miễn phí là một phương pháp mang lại nhiều lợi ích, đặc biệt là với những ai mới làm quen với thị trường, đồng thời cũng tiềm ẩn một số rủi ro. Lời khuyên là bạn nên tìm hiểu kỹ, thực sự kiên nhẫn và không nên quá kỳ vọng vào tốc độ mang lại lợi nhuận nhiều và nhanh từ phương pháp này. Chúc bạn thành công!
Vietnam’s manufacturing sector is one of Asia’s success stories: it has drawn global attention thanks to its efficient production and decent labor supply. Investors considering setting up a manufacturing operation in Vietnam have a choice of two primary areas of interest: north or south, each of which proffer distinct advantages and disadvantages.
Understanding these differences is key to making good strategic decisions for companies aiming to succeed in the area. This article provides an overview of the manufacturing sector in northern and southern Vietnam, from major sectors, economic environment, and infrastructure to the labor market in each area.
Key Industries
Explore the unique manufacturing landscapes of Northern and Southern Vietnam in this video, where we break down the strengths and challenges each region offers for businesses.
Key Takeaways:
Insights into how Northern Vietnam excels in the diversification of its production manufacturing ;
A look at how the business culture and etiquette differ from north to south ;
What are the advantages and difficulties you may encounter in each part of the country;
Northern Vietnam: High-Tech Manufacturing Hub
The northern part of Vietnam, especially around Hanoi, is famous for specializing in high-tech sectors, which include electronics and machinery and automotive production, among others. Here in the north, big global companies like Samsung, LG, and Foxconn have sizeable operations due to the good quality workforce and close proximity to China, where their raw materials and components can be shipped quickly, thus catering to precision manufacturing and complicated supply chains. The presence of such multinational giants has developed this region into one of the largest producers of smartphones and electronics in Southeast Asia.
Southern Vietnam: Center for Consumer Goods and Textiles
Southern Vietnam is the part where Ho Chi Minh City is located. Consumer goods, textiles, footwear, and furniture manufacture are mostly centered here. Exporting renders the manufacturing base of the south due to the preference of international brands seeking large-scale production in these areas. Along with textiles and footwear, another expanding sector includes technology, producing consumer electronics and related goods. Ho Chi Minh City is the economic center of Vietnam, where the private enterprise economy and foreign investor confidence are created, thereby creating a conducive environment for industries that appreciate speed and bulk production.
Northern Vietnam: State-Influenced and Strategic Investment
The economic environment in Northern Vietnam reproduces the historical and political origins. It is more state-driven and reflects more on the state-owned enterprises and the government contracts especially in infrastructure and energy. The various ways by which the state influences the sectors create an environment for trade that regulates to benefit companies involved in government projects or operating in highly controlled sectors.
Despite higher land leasing costs and a competitive labor market that can drive up operational expenses, Northern Vietnam continues to attract substantial foreign direct investment (FDI), particularly in high-tech sectors. The region’s environment aligns well with companies in electronics and machinery, where both government support and a skilled, specialized workforce are highly valued, fostering a favorable setting for technological growth and innovation.
Southern Vietnam: Private Sector Growth and Foreign Investment
More market-oriented South presents a high degree of flexibility in doing business with a strong backing from FDI in the South, especially outward of Ho Chi Minh City, to foster a robust startup biosphere and also create an easygoing atmosphere valuable for innovation and flexibility. In doing business, the South is far more favorable for a business undertaking because of less regulatory oversight compared to the North.
It would prove that indeed the South is a thriving economy with lower entry barriers that create a friendly environment for industries that require flexibility, such as the fast-moving consumer goods and electronics. The business landscape certainly suits companies that beat rivals in terms of quick growth and large-scale expansion in a market-oriented economic environment.
Infrastructure and Logistics
Northern Vietnam: Developed Transport Networks and Industrial Parks
Northern Vietnam has received generous investments in transport networks, particularly major highways and the Hai Phong port, which is critical for industries requiring high technology and heavy machinery. The industrial parks around Hanoi support electronic, machine, and automotive production, which attracts domestic and foreign investments.
Another challenge facing Northern Vietnam’s manufacturing sector lies in the comparatively high costs of land leases and labor, which are steeper than those in the South. This factor adds significant pressure on businesses aiming to maintain competitive operating costs. Furthermore, the intense competition for skilled talent in high-tech industries — driven by the presence of numerous large corporations — has pushed labor costs higher. For newer companies, this creates additional hurdles in attracting and retaining qualified workers, adding to the region’s growing operational costs.
Southern Vietnam: Efficient Ports and Export Capabilities
Southern Vietnam has a rather well-functioning logistics infrastructure that is very supportive for large exports. The Cat Lai port located in Ho Chi Minh City alone, will cater to a large share of the national export. Hence, the South becomes the ideal business locale for industries needing fast and frequent export. With fast turnaround times that are of prime necessity for the more significant piece goods, such as textiles, footwear, and furniture, productive logistics provide southern manufacturers with the required logistics. Besides increasing industrial parks are rising in the south, becoming attractive centers for new investments, especially for consumer goods companies.
Labor Market Dynamics
Northern Vietnam: Skilled Workforce with Competitive Challenges
The northern labor market is characterized by a highly skilled workforce, particularly in electronics and manufacturing. However, only in instances where the demand for skilled labor comes from high-tech sectors such as those led by Samsung and LG, does a competitive stance invoke high wage levels. Besides, foreign companies setting up operations may often find language barriers and cultural factors challenging. Taking all this into consideration, north Vietnam is advantageous to businesses that need skilled labor support for high-tech production.
Southern Vietnam: Cost-Effective and Adaptable Workforce
In the south, cost-effective and abundant labor benefits labor-intensive industries such as textiles, footwear, and furniture. The workforce in southern Vietnam is flexible in adapting and quick to embrace new trends; hence it is highly advantageous to industries requiring scalability and agility. Business relationships are furthermore achieved quicker and easier since the business culture is less formal. This quality will, in turn, be useful for example for companies growing fast and requiring the flexibility to adjust production quickly.
Both northern and southern Vietnam offer unique characteristics of advantages and disadvantages for manufacturing companies. While northern Vietnam, with its electronics and machinery sector orientation, a skilled labor force, and closeness to China, seems tailor-made for high-tech production, companies should pay attention to expected high costs and competitive employment. Southern Vietnam’s consumer goods sector orientation, coupled with an agile business environment and strong logistics, arguably makes for an attractive setting for labor-intensive and export-oriented industries.
Businesses seeking to enter Vietnam’s manufacturing landscape should assess their needs carefully, aligning them with the strengths of each region to maximize operational success. By understanding the nuances of Northern and Southern Vietnam, companies can make informed choices that lead to efficient, cost-effective production and solid long-term partnerships in this dynamic market.
MicroStrategy is up over 240% year-to-date with the NAV premium approaching 3.
Bitcoin (BTC)-holder MicroStrategy’s (MSTR) soaring stock is driving up trading volumes relative to AI-proxy Nvidia (NVDA), one of the biggest companies by market cap, reflecting heightened investor enthusiasm.
MSTR has surged over 240% this year, with prices doubling to $236 in the past five weeks alone, according to data source TradingView. That’s the highest level for the stock since the dotcom bubble 25 years ago. The rally has MSTR closing in on a market cap of $50 billion, barely 1.5% of NVDA’s $3.44 trillion.
However, MSTR’s trading volume, as a percentage against NVDA, has continued to climb this year, reaching a high of 17.65% this month. According to Investing.com data, this milestone occurred on Oct. 11, as MicroStrategy saw 30 million trading volume, while NVIDIA had 170 million.
That’s a significant improvement since the bull market of 2021. Back then, MSTR peaked over $130 on Feb. 9 with a volume of 23.2 million, equating to just 8% of NVDA that day.
An increase in trading volumes alongside a price rally may confirm the stock’s uptrend. That said, a continued surge in volume relative to NVDA might be telling of a build up of a speculative froth in the market.
MicroStrategy outperforms Nvidia
With a year-to-date gain of over 240%, MSTR has outperformed NVDA’s 192% surge by a big margin. Since MSTR adopted bitcoin as a treasury asset in August 2020, the gap has grown even bigger, with MSTR up 1,800% versus NVDA’s 1,150%, that’s probably the best evidence of MicroStrategy and its CEO Michael Saylor’s success.
MicroStrategy’s net asset value (NAV), which is is calculated by dividing MSTR’s market capitalization by the value of its bitcoin stack, continues to expand once again, with bitcoin still trending in the mid $60,000 range. According to the MSTR tracker, the NAV premium currently sits at almost 3, the highest level since early 2021.
Tháng 10 vừa qua, Prudential Việt Nam đã xuất sắc giành Giải thưởng HR Excellence Award 2024 tại Singapore trong hạng mục Learning and Development (tạm dịch: Đào Tạo và Phát Triển). Đây là minh chứng hữu hình cho chiến lược nhân sự toàn diện và khẳng định vị thế doanh nghiệp kiểu mẫu của Prudential trong ngành bảo hiểm, đặc biệt là lĩnh vực đào tạo và phát triển đội ngũ.
Giải thưởng HR Excellence Awards Singapore là nơi tôn vinh những thành tựu xuất sắc trong chiến lược quản lý nhân sự của các doanh nghiệp hoạt động tại khu vực Châu Á, Trung Đông và Châu Đại Dương tranh giải tại Singapore – một thị trường với tiêu chuẩn đánh giá cao và danh giá trong khu vực. Với hội đồng giám khảo uy tín, giải thưởng ghi nhận các chiến lược đột phá và sáng kiến có tác động lớn đến sự gắn kết nhân viên và thành công doanh nghiệp.
Tại đêm trao giải năm nay, Prudential đã xuất xắc được xướng tên trong hạng mục Learning and Development nhờ chiến lược kinh doanh lấy con người làm trọng tâm, được hiện thực hóa thông qua chiến lược phát triển và đào tạo toàn diện. Từ đó, công ty hướng đến xây dựng một tổ chức linh hoạt, thúc đẩy văn hóa học tập không ngừng, nâng cao tinh thần sẵn sàng đổi mới và trang bị kỹ càng cho đội ngũ trước những thay đổi của tương lai. Các sáng kiến đào tạo và phát triển được thiết kế đa dạng hóa trải nghiệm học tập nhằm giúp nhân viên dễ dàng ứng dụng kiến thức vào công việc thực tế. Đó là là yếu tố then chốt giúp Prudential đạt được thành công tại giải thưởng và củng cố vị thế doanh nghiệp kiểu mẫu như “cái nôi” đào tạo của ngành bảo hiểm.
Cụ thể, Prudential đã xây dựng một lộ trình phát triển năng lực nhân sự dài hạn và chặt chẽ từ năm 2024 đến 2026 với các mục tiêu rõ ràng cho từng giai đoạn. Lộ trình ba năm được xây dựng kỹ lưỡng, xoay quanh các trụ cột chính: văn hóa học tập không ngừng, nâng cao năng lực tổ chức và phát triển sự nghiệp nội bộ
Nhờ chiến lược phát triển và đào tạo có trọng tâm, Prudential đã ghi nhận nhiều kết quả tích cực, với số lượng đơn ứng tuyển vào công ty tăng 16% so với năm 2022, trong đó chương trình tuyển dụng Quản trị viên tập sự hằng năm tăng 166% so với năm 2023. Đáng chú ý, tỷ lệ nghỉ việc trước 12 tháng giảm 3,5% và chỉ số hài lòng của nhân viên (eNPS – Employee Net Promoter Score) đạt 68 điểm, nằm trong top 25%, cho thấy nhân viên Prudential (PruCitizen) cảm thấy tự hào và sẵn sàng giới thiệu nơi làm việc của mình.
Bà Bùi Thị Thanh Thúy – Phó Tổng giám đốc Nhân sự Prudential Việt Nam chia sẻ về chiến thắng tại giải thưởng HR Excellence Award 2024 Singapore: ”Chúng tôi vinh dự nhận được giải thưởng Excellence in Learning & Development tại HR Excellence Award 2024 Singapore, khẳng định mạnh mẽ cho cam kết “Con người là tài sản quý giá nhất của chúng tôi”. Đầu tư vào con người chính là đầu tư cho sự bền vững và sự phát triển của mỗi nhân viên chính là nền tảng cho thành công của Prudential. Trong hành trình 25 năm phát triển bền vững, chúng tôi không chỉ xây dựng sự nghiệp mà còn tạo dựng một môi trường làm việc hướng đến tương lai với chiến lược phát triển toàn diện và chặt chẽ cho PruCitizens. Mỗi nhân viên là một viên ngọc quý, và các chương trình đào tạo của chúng tôi chính là cách để mài giũa, giúp họ ngày càng tỏa sáng hơn.”
(Ở giữa) Bà Bùi Thị Thanh Thúy – Phó Tổng giám đốc Nhân sự Prudential Việt Nam nhận giải thưởng Excellence in Learning & Development tại HR Excellence Award 2024 ở Singapore.
Ngoài giải thưởng này, trong năm 2024, Prudential Việt Nam còn nhận được sự công nhận ở nhiều giải thưởng khác như:
Lập “hat-trick” tại giải Insurance Asia Award 2024 với tại ba hạng mục: Công ty Bảo hiểm Nhân thọ Quốc tế của năm, Sáng kiến Phát triển Bền vững của năm, Sáng kiến Chi trả Bồi thường Bảo hiểm của năm.
Được vinh danh trong Top 100 doanh nghiệp bền vững tại Chương trình CSI 2023 do Liên đoàn Thương mại và Công nghiệp Việt Nam (VCCI) tổ chức.
Được trao tặng danh hiệu Doanh nghiệp Xuất sắc và Bền vững tại Châu Á từ The Asia Corporate Excellence & Sustainability Awards (ACES).
Được công nhận là Nơi làm việc xuất sắc 2024 từ tổ chức Great Place to Work.
Da Nang welcomed nearly 33,000 international cruise tourists in the first nine months of 2024, marking a significant rise of 14,500 visitors compared to all of 2023. By the end of the year, the city is projected to reach 40,000 cruise arrivals—an impressive 120% increase over last year.
The growth has been driven by rising interest from European, American, Chinese, and Australian markets. Da Nang’s Department of Tourism has enhanced cruise tourism promotion efforts, provided detailed visitor information, and strengthened partnerships with cruise lines to boost tourist support and engagement.
The department is also focusing on attracting high-spending tourists, aiming to boost revenue for local businesses and enhance Da Nang’s competitive appeal. By year-end, Da Nang aims to reach 10.3 million total visitor stays, with 4.2 million of these expected from international guests—a 210% increase from last year. For 2025, the city anticipates 10.5 million total visitors, including 4.3 million international arrivals.
The Civil Aviation Authority of Vietnam has directed all relevant departments and units within the aviation industry to proactively respond to the approaching Typhoon Trami. The agency has called for 24/7 monitoring in line with disaster response regulations, ensuring full preparedness in dealing with the storm and tropical depressions affecting civil aviation operations.
Air Traffic Management units are instructed to enhance the quality of meteorological services, continuously track weather conditions, and promptly update forecasts and warnings for users. Airports, airlines, and air service providers are also required to coordinate closely, adjust flight schedules, or modify plans based on the storm’s trajectory to ensure flight safety.
Typhoon Trami, currently at Category 9 with gusts reaching Category 11, is expected to enter the East Sea by the evening of October 24 and could intensify further. Forecasts predict it will reach Category 11-12 with gusts up to Category 15 by October 27, bringing wind speeds as high as 180 km/h.
The designated danger zone in the next 24 hours spans from latitude 14 to 19.5 degrees North and east of longitude 116.5 degrees East. Additionally, strong winds and rough seas are expected in the western North East Sea, including the Hoang Sa (Paracel) Archipelago, with wind speeds reaching Category 6-7 and gusts up to Category 9. Coastal areas from Quang Tri to Khanh Hoa and parts of the southern East Sea will also experience rough seas and gusts.
Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.
Solana’s SOL and ecosystem memecoins, such as popcat (POPCAT), led crypto market gains on Thursday, with bitcoin (BTC) and majors mostly flat. A bitcoin trader believes the rising dominance rate for suggests short-term bearishness.
BTC added under 1% in the past 24 hours, with majors ether (ETH), BNB Chain (BNB), xrp (XRP) and dogecoin (DOGE) showing mixed price action. The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, rose 0.43%.
Last week, a widely tracked bitcoin dominance indicator reached over 57% on CoinMarketCap, to its highest level since April 2021. Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment.
High dominance might indicate that bitcoin is leading the market, which can be seen when investors prefer the relative stability and established nature of bitcoin over the higher risk associated with altcoins.
Conversely, a decrease in bitcoin’s dominance might suggest that investors are moving their capital into altcoins, potentially signaling the start of an “altcoin season.”
“Ethereum continues to lose market share to bitcoin and other altcoins. As a result, BTC’s share of all cryptocurrency capitalization has risen to 57.3%, the highest since April 2021,” Alex Kuptsikevich, senior market analyst at FxPro told CoinDesk in an email. “But that doesn’t necessarily mean an upward trend for the top cryptocurrency, which has pulled back below $67K, losing 1% in the last day and nearly 4% from its peak on 21 October.
“The price is now close to a local support level at $66.8K. A break of this support will open the way for a deeper correction to $65.5K, near the 61.8% retracement level from the last rally and the late September top,” Kuptsikevich warned.
SOL leads market
SOL jumped 5% to $173 in the past 24 hours, extending weekly gains to 14% as it reached price levels last seen in early August. SOL set a record high against ether, as reported, while, network-based memecoins POPCAT, BONK and GOAT rose as much as 70% amid a bump in network volumes and trading activity.
The Solana ecosystem is a flourishing hotbed for trading activity for its engaged community and prevalence of small-cap trading – where frenzied memecoins trend often last a few weeks that boosts SOL prices.
Artificial intelligence-themed memecoins are the current flavor of the week, where projects claiming to have AI tools are driving trading narratives on the network. That pushed revenues and token issuances on the Solana token deployer Pump to record highs earlier this week.
Active addresses grew to 85,000, of which 37,000 were new wallets, indicative of strong demand. A Pump-connected fee account sold over $6 million worth of SOL late Monday, taking its lifetime sales to over $78 million or 500,000 SOL.
Over 40,000 new tokens were created on Solana in the past 24 hours, SolanaFloor data shows.
The strategy will profit most if BTC rises to $80,000 by the end of November.
As the U.S. election nears, increased betting and hedging tied to the political event, is powering notable increases in trading volumes in the crypto market. The election will have far-reaching consequences for the crypto regulatory space in the world’s largest economy.
Early this week, the decentralized derivatives exchange Derive saw an institution take a multi-legged bitcoin (BTC) options strategy, betting on a continued move higher in BTC after the Nov. 5 election. The trade generated a notional trading volume of $25 million, the largest ever onchain options transaction bet tied to the U.S. election, Derive told CoinDesk in an email.
The institution acquired 100 call option contracts with a $70,000 strike price set to expire on Nov. 29 while simultaneously writing or selling 200 contracts of the $80,000 call and 100 contracts of the $50,000 put, both expiring on Nov. 29. The institution deposited eBTC, restaked bitcoin created via EtherFi, as collateral, ensuring it earns passive yields on the same.
The strategy, which looks like a ratio call spread funded by a short put position, will profit most if bitcoin rallies to $80,000 by Nov. 29. The positioning is consistent with options flows on centralized exchanges, which indicate expectations for a post-election rally to $80,000 and higher.
“This $25 million options trade marks a watershed moment for onchain options trading, and it’s one that could have significant implications post-election. The institution has strategically positioned a unique structure with sold puts, bought calls, and eBTC collateral, potentially standing to make $1,020,000 on the structure if BTC hits $80,000 by November 29 – excluding any gains from the eBTC collateral,” Nick Forster, co-founder of Derive told CoinDesk in an email.
“The trade is a prime example of how onchain options offer scalable, non-correlated yield for any onchain asset,” Forster added.
Derive is the largest onchain options platform, accounting for 32% of the total DEX options volume of $339 million in the past 24 hours, according to DeFiLlama. The onchain market, however, is still relatively small compared to Deribit and other centralized platforms, which boast a cumulative 24-hour volume of several billion dollars.
Khanh Hoa welcomed its first cruise ship visitors after Nha Trang Port temporarily closed. The ship carried 2,300 passengers from various countries to explore the coastal city for a day.
Coral Princess cruise ship docked at Cam Ranh International Port on the morning of October 23. Photo: Nha Trang Tourism Information Center.
On the morning of October 23, the Coral Princess cruise ship (registered in Bermuda) docked at Cam Ranh International Port, bringing 2,300 passengers from different countries to visit Nha Trang between 7 AM and 5 PM.
This was the first cruise ship to bring international tourists to Khanh Hoa Province after Nha Trang Port discontinued operations for repairs on September 20.
Nguyen Thi Le Thanh, Director of the Khanh Hoa Department of Tourism, along with representatives from Tan Hong Company, welcomed the ship at the port, presented flowers to the crew, and greeted the first passengers as they disembarked, taking commemorative photos.
According to the Nha Trang Tourism Promotion Center, after docking at Cam Ranh International Port, the tourists will be taken on city tours organized by Tan Hong Company, which offers a variety of itineraries around Nha Trang for visitors to choose from. These include stops at iconic locations such as Tran Phu Bridge, Ponagar Tower, Hon Chong, Dam Market, Long Son Pagoda, Stone Church, Truong Son Craft Village, and 2/4 Square.
After leaving Cam Ranh port, the group will be transferred to Nha Trang city to visit the attractions according to the schedule. Photo: Nha Trang Tourism Information Center.
Tourists will also have the option to explore several places by cyclo. Additionally, the company provides shuttle services from the port to a resort in Cam Ranh using 12-45 seat vehicles. Visitors can also explore other landmarks on their own via the Shuttle Bus service.
The ship was scheduled to depart in the afternoon, heading to Hong Kong (China).
Earlier, in early October, some agents and businesses providing services for cruise passengers had to cancel bookings and suspend luxury cruise arrivals due to Nha Trang Port being unfit for international ships, as it closed for repairs on September 20.
Khanh Hoa’s tourism leadership and various agencies held an emergency meeting to find suitable solutions to reconnect Nha Trang with international cruise visitors. Ana Marina Yacht Port was selected as a temporary replacement for Nha Trang Port during the maintenance period. However, this solution has not been implemented immediately due to some remaining legal procedures.
As of now, Khanh Hoa has welcomed 27 international cruise ships with 55,516 passengers coming ashore to explore. The Khanh Hoa Department of Tourism sees this as a positive sign for the recovery and growth of Vietnam’s cruise tourism, particularly in Khanh Hoa, contributing to the success of the province’s tourism sector.
After a long period of suspension, the Can Tho – Phu Quoc and Can Tho – Da Lat flight routes are now ready to resume service for passengers.
On October 23, the Southern Airports Authority in Can Tho announced that the Can Tho – Phu Quoc route will officially resume operations on October 28, 2024. This route will be operated by the national carrier, Vietnam Airlines, using ATR 72 aircraft, with a capacity of approximately 72 passengers.
The Can Tho – Phu Quoc route will operate five flights per week, on Mondays, Tuesdays, Wednesdays, Thursdays, and Saturdays. The Can Tho – Phu Quoc flight will depart at 10:40 AM, and the Phu Quoc – Can Tho return flight will depart at 12:15 PM.
Can Tho – Phu Quoc and Can Tho – Da Lat flights are ready to reopen to serve passengers.
Additionally, according to the Southern Airports Authority in Can Tho, the Can Tho – Da Lat route will reopen in November 2024, operated by Vietjet Air. There will be two flights per week, on Mondays, Wednesdays, and Fridays.
The first flight from Lien Khuong Airport (Da Lat City, Lam Dong) to Can Tho Airport is scheduled to depart at 11:30 AM on November 11, 2024. On the same day, the flight from Can Tho to Da Lat will depart at 2:15 PM.
Ms. Le Dinh Minh Thy, Director of Vietravel’s Can Tho branch, mentioned that Can Tho has recently maintained regular flights to Hanoi and Da Nang. The company has designed travel tours connecting the northern and central regions, along with visits to nearby provinces and cities. With the reopening of the Can Tho – Phu Quoc and Can Tho – Da Lat flights, travel companies will create additional tour products connecting these destinations, offering customers more exciting new travel options.
The reopening of the Can Tho – Phu Quoc and Can Tho – Da Lat flight routes at this time meets the needs of many customers for business and leisure travel during the year-end period. Mr. Tran Hai Dang (31 years old, acting in Ninh Kieu District, Can Tho City) shared, “Recently, my wife, our one-year-old child, and I traveled to Da Lat by bus, but it was quite inconvenient. When we arrived, our child was too tired to visit many attractions. Hearing that the Can Tho – Da Lat flight is resuming, we are very happy. Although we don’t yet know the ticket prices, we’re excited to have more travel options for our next vacation.”
After billionaire Bill Gates made a stop there, Ban Co Peak has become a popular attraction for both domestic and international tourists.
According to the Da Nang Department of Tourism, alongside new offerings such as the Danang food tour, water entertainment activities, and the International Lion Dance Festival, the city plans to introduce a tea-tasting tour at Ban Co Peak (Son Tra Peninsula, Son Tra District) in 2025. This is the location where Bill Gates visited and enjoyed tea in the late earlier afternoon in March this year.
Speaking to reporters, the Management Board of Son Tra Peninsula and Da Nang Tourist Beaches (the Board) shared that after the visit of American billionaire Bill Gates, Ban Co Peak gained even more popularity, drawing a large number of visitors both locally and internationally. Bill Gates’ tea-tasting experience has sparked curiosity and a desire to experience the same among tourists, which prompted the Board to propose a tea-tasting tour to the Department of Tourism.
Ban Co Peak on Son Tra Peninsula is crowded with tourists after billionaire Bill Gates came to enjoy tea. Photo: Thanh Hien.
The tea-tasting tour will be organized at Ban Co Peak, with specific time slots designed for an intimate tea experience with fewer people, ensuring it doesn’t affect other visitors. This tour is aimed at high-quality tourists who are passionate about unique experiences, cultural exploration, and tea ceremonies.
The Board has already outlined a plan and is awaiting feedback from the Department of Tourism and other governmental authorities to finalize the details. “Once complete, we will release the tour schedule, the number of guests allowed, costs, and other specifics,” a representative from the Board shared.
According to the Da Nang Department of Tourism, this will be one of the city’s breakthrough products for next year, targeting high-end tourists who are interested in cultural experiences, which aligns with the city’s tourism strategy.
Son Tra Peninsula is Da Nang’s green lung, and Ban Co Peak, standing 700 meters above sea level, is considered the roof of the city. From the peak, visitors can enjoy a panoramic view of Da Nang and the vast ocean. At the top, there is a statue of a celestial figure sitting in contemplation in front of a chessboard.
Standing from the top of Ban Co, you can see the whole city below. Photo: Thanh Hien.
In March this year, billionaire Bill Gates visited Da Nang. After choosing to stay at a hotel on the peninsula, he and his girlfriend traveled to Ban Co Peak to enjoy the scenery and sip tea from the afternoon until evening.
