A performance at the opening ceremony of the 4th International Conference Promoting Vietnamese Literature and the 3rd International Poetry Festival in Hanoi on February 16 (Photo: VNA) Hanoi (VNA) – The 4th International Conference Promoting Vietnamese Literature and the 3rd International Poetry Festival wrapped up in Hanoi on February 20. Poet Huu Thinh, Chairman of the Vietnam Union of Literature and Arts Associations and the Vietnam Writers’ Association, said workshops and discussions during the events created chances for participants to share their views on the necessity to seek more solutions to introducing outstanding works of the country to the world. They also pointed to problems that need to be addressed, including the language difference and the modest updating of international friends on Vietnam’s literature development. He thanked foreign guests for contributing to the success of the international conference and festival, noting that these events … [Read more...] about Events promoting Vietnamese literature, poetry conclude
Association of international photography art dealers
Debt buries farmers trying to flip property in frozen market
Like so many others in Lam Dong Province and other rural areas of southern Vietnam, Toan saw the value of his agricultural land skyrocket in 2020-2021. He took it as an opportunity to start flipping properties for profit. But the market froze last year and short-term loans at high interest rates have now sunk him and many other farmers-turned-inexperienced-traders in impossible debt instead. The veteran coffee grower sold his land 7 km from the center of Di Linh District for several billions of dong in profit during a property price bubble in 2021. He then took out short-term, high-interest loans and used them plus money he made from his land sale to by several more plots he planned to resell for profit in what he thought would be at most 1-2 months. He said he thought he’d be able to sell some of the land back in even just a couple of weeks. But the properties still haven’t sold. In early 2022, Toan poured another VND15 billion ($635,600), including VND6 billion from another … [Read more...] about Debt buries farmers trying to flip property in frozen market
Parents fall for child modeling scams on social media
Nguyen Thanh Tam from the northern city of Hai Phong was browsing Facebook last month when she came across a post seeking child models to promote a "major fashion brand’s" spring 2023 collection. Her daughter, who is almost 4 four years old, loves having her photo taken. She often strikes poses when her mother brings out her camera phone. Meanwhile, the single mom is too busy with work and has little time to spend with her child. So, she’s been wanting to find an extracurricular activity for her child. After signing her daughter up for the modeling gig, Tam was added to a private chat group on the messaging app Telegram where a fake talent scout asked for the baby's age, height and weight. This person later instructed her to contact a male coworker in a different chat group who would help her complete her daughter's application. The admin of the second chat group said the models could make VND7-15 million ($298-640) a month if the outfits used by the child commercial photo … [Read more...] about Parents fall for child modeling scams on social media
What’s on January 30-February 5/2023
EXHIBITION HCMC-Exhibition ‘No more, not yet’ Opening: Feb 3, 06:30 pm EMASI Nam Long, 147 Street No.8, Nam Long Residential area, D7, Display: Feb – June, Wed & Fri, 10 am – 04 pm EMASI Nam Long (D.7) Tues & Thurs, 10 am – 04 pm EMASI Vạn Phúc (D.Thủ Đức) *and every last Saturday of the month From the organizer: Nguyen Art Foundation (NAF) proudly invites you to the opening of ‘No more, not yet’, an exhibition that looks back on Nguyen Thi Thanh Mai’s shapeshifting artistic practice in all its multiplicity. Winner of the Artist Excellence Award (inaugural edition, initiated by The Factory Contemporary Arts Centre and managed by in-tangible institute), her work is presented here alongside nearly 20 artists whom she calls her colleagues and friends. The exhibition will be on display from February to June 2023 across the campuses of EMASI Nam Long and EMASI Van Phuc. Hanoi-Exhibition “This is not A Dream” Exhibition: Until Mar … [Read more...] about What’s on January 30-February 5/2023
Vietnam’s tourism in 2022: measures for recovery, acceleration
Dawn breaks over Da River lake.(Photo: VietnamPlus) Hanoi (VNA) - As vaccination coverage is expanding, the severity of the SARS-CoV-2 virus is showing signs of dying out. As a result, Vietnam’s tourism needs to quickly work out harmonious measures for the coming period of recovery. A sad economic year for the tourism sector has come to an end after many tremors caused by successive outbreaks of COVID-19 . Vietnam’s green economy in 2021 failed to recover as seen through the statistics of the yearly review, yet many experts still believe that in 2022, accelerations will be created with attention and assistance from the government. Although the pandemic is still spreading with new variants, there are grounds for us to hope the constantly expanding vaccination coverage has helped weaken the severity of the SARS-CoV-2 virus. The clock is ticking towards the day when the world can contain and roll back the pandemic, opening up chances for socio-economic recovery. That is … [Read more...] about Vietnam’s tourism in 2022: measures for recovery, acceleration
State-owned banks under capital increase pressure
Vietnam’s four biggest State-owned banks have an urgent need for capital increase in 2023 as their charter capital is too low, with some unable to ensure the regulated minimum capital adequacy ratio (CAR), according to industry insiders. A customer at a Vietcombank office in Hanoi. Though the four biggest State-owned banks, including Vietcombank, have been a key force in supporting the economy to overcome difficulties, their charter capital is too low. Photo thoibaonganhang.vn Currently, the big four, including BIDV, Vietcombank, Agribank and VietinBank, only hold more than 40 per cent of the credit market share of the country’s banking system, but over the years, especially in the past three years, the banks have been a key force in supporting the economy to overcome the difficulties caused by the COVID-19 pandemic and global economic uncertainties. State-owned banks always take the lead in implementing incentive policies of the National Assembly, the … [Read more...] about State-owned banks under capital increase pressure