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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]
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.
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]
Treasury yields held relatively steady in the bond market. The 10-year yield edged up to 4.41% from 4.40% late Tuesday. It has been generally rising from less than 3.70% in September.
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CNBC World is an American pay television business news channel operated by the NBCUniversal News Group which provides coverage of world markets alongside the domestic CNBC service, using programmes from CNBC's international networks based in Europe, Asia, India, and other regions served by a domestic CNBC channel or affiliate.