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The uniqueness and main feature of Cái Răng Floating Market is the sale of vegetables and fruits from the Mekong Delta. In the past, the floating market developed because the waterways played a near-exclusive role in transportation. As trade demand increased, people would gather at river junctions, making them ideal spots for trading.
Vessels in a Floating Market in Can Tho. Due to Vietnam's frequent interaction with cultures and technologies from afar, a variety of vessels could be seen in Vietnam's floating markets. In current times, both modern boats, as well as traditional boats, are found, with wooden plank-keel boats being one of the more commonly used. [7]
Cần Thơ, anglicized as Can Tho or Cantho, is the fourth-largest city in Vietnam, and the largest city along the Mekong Delta region in Vietnam. [7] [8]It is noted for its floating markets, rice paper-making village, and picturesque rural canals. [8]
Floating markets (chợ nổi in Vietnamese) have existed in Vietnam for many generations. Archaeologists have found evidence that extensive trading networks likely existed in Vietnam's river deltas from as far back as 4,500 years ago. [17] [18] With a rich system of rivers, Mekong Delta is the place where many weekly floating markets take place.
A floating market in the delta. The Mekong Delta, also categorized as a wetland, has now attracted large investments from both government and private sectors to develop and maintain not only the canal system but also expand the ambit of agricultural development to include aquaculture in conjunction with wetland rice. [7]
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The Mekong Delta (Vietnamese: Đồng bằng Sông Cửu Long, lit. 'Nine Dragon River Delta' or simply Đồng Bằng Sông Mê Kông, 'Mekong River Delta'), also known as the Western Region (Vietnamese: Miền Tây) or South-western region (Vietnamese: Tây Nam Bộ), is the region in southwestern Vietnam where the Mekong River approaches and empties into the sea through a network of ...
In the bond market, the yield on the 10-year Treasury rose to 4.27% from 4.23% late Tuesday. The two-year Treasury yield, which more closely tracks expectations for the Fed, edged up to 4.15% from ...