As one of activities to celebrate the 87th founding anniversary of the Communist Party of Vietnam (February 3, 1930 - 2017), the event also aims to create a cultural space for people to read during Tet holiday, honoring the culture of reading and the reading development movement.

Chairman of the Hanoi City People's Committee Nguyen Duc Chung presents li xi (lucky money) to children, who participated in the opening ceremony.

Activities at the event include exhibiting, selling books; introducing new publications, exchanging with writers; introducing the art of calligraphy, coloring and painting for children; and organizing a number of Xuan Tho program, traditional art performances.

The book street also features a spring newspaper stall featuring various press agencies. All money acquired through selling Tet newspaper’s will be donated to purchasing books for libraries in mountainous areas.