Read the text and decide if the following statements are True (T) or False (F)

Hoi An, once known as Faifo, with more than 2,000 years history, was the principal port of the Cham Kingdom. While the serious shipping business has long been moved to Da Nang, the heart of the city is still the Old Town, full of winding lanes and Chinese-styled shop-houses. Although almost all shops now cater to the tourist trade, the architecture has been largely preserved, which is unusual in Vietnam, and renovation has proceeded slowly and carefully.

However, the culture & heritage that this UNESCO World Heritage Site (WHS) was trying to preserve has faded away. Since 1999, when UNESCO WHS status was awarded, there has been a massive increase in tourism - with the result that most houses have been sold by the community to speculators and shop owners to be used for commercial purposes. The former community, and with it their culture and heritage, has gone and in their place are endless indistinguishable shops, restaurants, art galleries, etc. There are literally hundreds of tailor shops in Hoi An.

Da Nang has replaced Hoi An as a hub for shipping business.