Videos

The heat of the upcoming summit between the United States’ President Donald Trump and the Democratic People’s Republic of Korea’s (DPRK) Supreme Leader Kim Jong-Un in Hanoi at the end of February has been building up around the world. Vietnamese people are no exception, with many even opting for the two leaders’ iconic hair styles to welcome the upcoming historic event. In an unforeseen fashion trend, US President Donald Trump and DPRK leader Kim Jong-Un have become the latest style icons in Hanoi. Many young Vietnamese have chosen the two leaders’ hairdos to mark the upcoming peace meeting.-VNA … [Read more...] about Youth crazy over Kim Jong-Un and Donald Trump hairdos

With the success of hosting several big international conferences and unique tourism products, the central beach city of Da Nang has received bigger attention of foreign visitors. 2019 is expected another successful year for the city’s tourism sector. More than 7.6 million visitors, including nearly 2.9 million international tourists, visited Da Nang in 2018, an increase of 23 percent compared to 2017. 2018 was a successful year of the locality’s tourism sector as the beautiful beach city continued to win the hearts of holiday-makers. The city strives to welcome 8.2 million visitors in 2019, of which 3.2 million will be foreigners, earning total revenue of nearly 1.2 billion USD. With several attractions, including the Golden Bridge, international fireworks and efforts to develop a friendly tourism city, experts have an optimistic outlook for the city’s tourism sector. It is not incidental that the US’ New York Times has called Da Nang as Vietnam’s Miami … [Read more...] about Da Nang – Destination of 2019

The Vietnamese Government and National Assembly aim to achieve a gross domestic product growth of 6.6- 6.8 percent while maintaining inflation under 4 percent in 2019. To achieve the target, monetary policy is said to play a key role. In the past year, the US dollar appreciation against strong currencies and the US- China trade war created huge pressure on currency markets. According to experts, the most crucial thing in 2019 is ensuring the strength of the Vietnamese dong in the context of a changing global economy.   The interest rate rocketed sometimes at the end of 2018 at about 8 percent while interbank interest rates were kept at around 4.5 percent and the inflation was just round 3.45 percent. Experts said keeping a high interest rate is a tighter monetary policy signal, helping control inflation. The policy can be maintained in 2019. Besides exchange and interest rate tools, ensuring money supply is a key issue. In 2019, the State Bank of Vietnam has set a credit growth … [Read more...] about Monetary policy- key to stabilising economy

Every year, on the first Full Moon Festival of the Lunar New Year, fishermen in Quang Binh province gather to celebrate Cau Ngu (Fish Worshipping Festival. The festival took place in Canh Duong commune, Quang Trach district on February 19. The annual festival aims to honour the cultural values of the nation but also reflects the spiritual life of people living in the country coastal areas. During the festival, all elders, clan leaders, village heads, ship-owners, fishermen and local people prayed for safe fishing journeys, a prosperous, peaceful life and a bumper catches ahead. The national intangible cultural heritage festival hold rich cultural values and also has significant meaning in educating patriotism while consolidating the community.-VNA … [Read more...] about Fish worshipping festival in Quang Binh

The Long Tong (going to the field) Festival kicked off in Lang Nung hamlet, Dao Duc commune, Vi Xuyen district, the northern province of Ha Giang on February 19, praying for a new harvest season, good weather and bumper crops. The festival started with an incense offering to Sung Khanh pagoda, which was built in 1356 under the Tran dynasty. The pagoda’s epitaphs are recognised as a national treasure. Held in a large harvested field in the middle of the village, Long Tong requires major preparations before the lunar new year. Long Tong consists of three main parts: an offering ritual which includes a water procession, a ploughing ceremony and folk game playing. Long Tong plays a significant role in socio-cultural life for ethnic minority people in the mountainous area of Ha Giang. The festival was named national intangible cultural heritage in 2013-VNA … [Read more...] about Long Tong festival- cultural beauty of ethnic people in Ha Giang