A festive holiday celebrated for about two weeks. The Lunar New Year is observed by the Chinese, Koreans, and Vietnamese. The event takes place during the first three days of the first lunar month (late January or early February). People dress up in costumes, exchange food and gifts, visit family members, and remember ancestors. They settle all business accounts and forget all grudges.
Each year is symbolized by a different animal. Calendar year 2000 marks the "Year of the Dragon."