Participants at the 4 th Cultural Festival of Ethnic Groups in Vietnam’s central region were amazed by the traditional practices of local ethnic minorities on display at Nguyen Tat Thanh Square in Quy Nhon, such as brocade weaving and crafting musical instruments. Festival-goers also had the chance to try exotic minority dishes. Through the festival, artisans and cultural experts from 11 provinces in the central region discussed how best to preserve and promote local culture and effectively contribute to Vietnam’s socio-economic development. The festival is expected to uphold the cultural values of the central region’s minorities, which form part of the tapestry of Vietnam ’s 54 diverse ethnic groups./. VNA … [Read more...] about Culture of ethnic minorities in central region honoured
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“Big Four” banks lower deposit interest rates to COVID-19 levels
Two more State-run commercial banks - Vietinbank and BIDV - lowered their deposit rates on September 19 to match the lowest level during the COVID-19 pandemic. Both cut their rates by 0.2 or 0.3 percentage point on deposits with a term of three months or longer. The rate for deposits with a 12-month term was also lowered by 0.3 percentage point to 5.5% per annum. For one-month and two-month deposits, the rate remains at 3%. These rates are similar to those of Vietcombank and Agribank, which were revised downwards on September 14./. VNA … [Read more...] about “Big Four” banks lower deposit interest rates to COVID-19 levels
Singers want apology not money from tycoon in alleged defamation case
Business mogul Nguyen Phuong Hang at her trial on September 21, 2023. Photo by VnExpress/Thanh Tung Hang, the general director of the Dai Nam Joint Stock Company, stands trial at the Ho Chi Minh City’s People’s Court on Thursday, after she was arrested by Ho Chi Minh City police in March last year for "abusing democratic freedoms to infringe upon the interests of the State, and the lawful rights and interests of organizations and/or citizens." She was accused of using different social media accounts to livestream and make allegedly false claims about various celebrities, as well as spread information related to celebrities' private lives. In her videos, she said singer Dam Vinh Hung had not been transparent in distributing money he collected from others, and singer Vy Oanh had earned a huge amount of money after having a child with a rich man. "My reputation, which I have built over the past 20 years, was damaged," Hung said at the trial of Hang at the HCMC People’s Court, … [Read more...] about Singers want apology not money from tycoon in alleged defamation case
Tycoon gets three years for ‘abusing democratic freedoms’
The HCMC People's Court's conviction statement said that Hang, the general director of the Dai Nam Joint Stock Company, had been the main planner of dozens of livestream sessions in which her speeches slandered others, thereby "abusing democratic freedoms to infringe upon the interests of the State, and the lawful rights and interests of organizations and/or citizens." Business mogul Nguyen Phuong Hang at her trial on September 21, 2023. Photo by VnExpress/Thanh Tung Her accomplice Dang Anh Quan was given a sentence of 2 years and 6 months in prison, while accomplices Nguyen Thi Mai Nhi, Huynh Cong Tan, and Le Thi Thu Ha were all sentenced to 1 year and 6 months in prison. Along with jail terms, the defendants were ordered to pay VND18 million ($742) to each relevant party, Dang Thi Han Ni and Dinh Thi Lan, as compensation. Prior to Hang's conviction, singer Dam Vinh Hung, singer Vy Oanh, singer Thuy Tien and her former footballer husband Le Cong Vinh had dismissed … [Read more...] about Tycoon gets three years for ‘abusing democratic freedoms’