Hanoi's Old Quarter lies immediately north of Ho Hoan Kiem lake. It's better known locally as Bam Sau Pho Phuong or the 鈥楾hirty Six Streets'. 'Phuong' means a trade guild; and most of the streets begin with the word 'hang' meaning merchandise. This ancient section of the city has long been associated with commerce; and it remains very much so today.