Newsletter: February 2018 - Week 4


Vietnam plans to host U23 championship in 2020 [ENTRY]

Vietnam plans to host the Asian Football Confederation U23 Championship (AFC) in 2020. 

After the success of U23 in 2018, Vietnam has also interested in hosting the next tournament. We will compete against Thailand and Australia.

New words:

1.     Plan (verb): lên kế hoạch

Plan to host: lên kế hoạch đăng cai tổ chức (giải vô địch U23 châu Á)

2.     Asian Football Confederation (AFC) U23 Championship: giải vô địch liên đoàn bóng đá châu Á

3.     Success (noun): thành công

4.     Interested in something: hứng thú trong việc gì đó

5.     Tournament (noun): giải đấu

6.     Compete (verb): cạnh tranh

Compete against Thailand and Australia: cạnh tranh với Thái Lan và Australia

Source: Vietnamnet English


A Tet’s custom: the gift of lucky money [BASIC]

Traditionally, during the first days of new year, Vietnamese exchange New Year wishes with relatives, neighbors and friends. In particular, adults give “li xi” or red envelopes with money inside to children and elders.

This custom is a symbol of good health, success

and happiness. After giving lucky money, adults usually extend wishes to children for “eating well and growing up healthy” and “happiness and prosperity” for all family members. In general, giving “li xi” during the Lunar New Year is a sign of good fortune for both the givers and receivers.

Source: Collection                        

New words:

1.     Traditionally (adverb): theo truyền thống.

2.     Exchange (verb): trao đổi, trao nhau.

3.     Wish (noun): lời chúc.

4.     Particular (noun): sự đặc biệt, sự đặc thù.

5.     Inside (adjective) (adverb): bên trong.

6.     Custom (noun): phong tục, tục lệ.

7.     Symbol (noun): biểu tượng, sự tượng trưng.

8.     Extend (verb): thêm, gửi, kéo dài.

9.     Eating well and growing up healthy: Hay ăn chóng lớn.

10.  Happiness and prosperity: An khang thịnh vượng.

11.  General (noun): Cái chung, điều tổng quát.

In general: Nhìn chung.

12.  Fortune (noun): vận may, sự may mắn.

What will Vietnamese traders expect for the stock market after Lunar New Year [BUSINESS]

After 2017 – a successful year of Vietnamese stock market overall, a lot of traders, especially from overseas have intended to cash out on the profit. This led to an enormous amount of cash flow pouring away from the Vietnamese stock market. In addition, the Vietnamese stock market has been bullish mostly in 2017, which was considered by many to reach its own peak. Thus, significant adjustments from senior investors are necessary. Furthermore, the US Federal Reserve implemented the policy of boosting its interest rate, which made the US stock market bearish and that in turn, had negative effects on Vietnamese Stock Market.

As a consequence, during 2 days February 5th and 6th 2018, there was a significant decrease of 95 points (10% of market capitalization approximately) of the VN index, which was the most dramatic drop of this index ever .

After Lunar New Year, Vietnamese traders might be less worried when observing the fluctuation of global stock markets worldwide. Hopefully it will be followed by positive market sentiment and the recovering growth of VN index.

Source: Bloomberg

ENTERTAINMENT – Film “Black Panther”

“Black Panther” is an American superhero film based on the Marvel Comics. In 2018, Marvel Studios and Walt Disney Studios Motion Pictures invested millions of dollars to produce the film. In Vietnam, it is released on 23rd February 2018. 

FUN – After a long holiday




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