This ancient contest demonstrates gratitude for rice among people in Hanoi. The lively and funky rice cooking contest was organized on the 8th day of the first lunar month [January 29] in Thi Cam Village, Xuan Phuong Ward, Nam Tu Liem District, Hanoi. This yearly competition is aimed to pay tribute to General Phan Tay Nhac, who lived under the regime of the 18th Hung King, 285 BC, the tutelary God of Thi Cam Village. The custom also prays for a prosperous, happy, and peaceful new year. The contest consists of three main parts: lighting the fire, fetching water, and cooking the rice. The event takes place in the village's temple. This year’s contest draws the participation of four teams, corresponding to four neighborhood groups in the ward. Cooking utensils and wood for the rice cooking competition are well prepared by the contestants. The bamboo sticks are stripped, while the straw is bundled to catch fire easily. … [Read more...] about Exploring unique Thi Cam Rice Cooking Contest in Hanoi
Online quiz contest to win cash prizes
Phan Cong Chanh, CEO of developer Phu Vinh Group, said the real estate market will pose more risks than opportunities for investors in 2023, adding that would-be investors should save their money instead of spending it. According to Chanh, in the long term the market will benefit from rosy economic growth prospects, better legal frameworks and improved stock markets, especially the corporate bond market, But he said this would be gradual recovery that wouldn’t flourish to its full potential until 2-4 years from now. The Central Institute for Economic Management put forth two economic growth scenarios for this year. Accordingly, GDP growth will either stand at 6.47%, inflation at 4.08%, export growth at 7.21% and trade balance at $5.64 billion, or at 6.83%, 3.69%, 8.43% and $8.15 billion, respectively. With the draft amendments to the Land Law submitted to the National Assembly for potential approval in October, and amendments to other related laws such as the Law on Real Estate … [Read more...] about Should you invest in property or save your money this year?
The Cambodian People’s Party (CPP) convenes its extraordinary congress on January 28-29. (Photo: AKP/VNA) Phnom Penh (VNA) – The Cambodian People’s Party (CPP) convened its extraordinary congress on January 28-29, during which it issued many important decisions and policies regarding the leadership work, as well as orientations for national development in the time ahead. In his opening remarks, CPP Honorary President Samdech Heng Samrin , who is also President of the National Assembly, said 2023 marks an end to the 2018-2023 mandate of the legislature and the government, and it will also be the beginning of a new five-year tenure. There will be a lot of work to do in the future, he said, stressing the need to join hands and make all-out efforts to win the 7th-term parliamentary election slated for July 23, 2023. The congress set out major strategic goals for the next five years which are based on wishes of the people and reflect the real situation, both … [Read more...] about Cambodian People’s Party sets out strategic goals for 2023-28
Foreign capital is expected to continue to flow into the stock market as foreign investors' confidence remains strongly.(Photo: VNA) Hanoi - From being net sellers in the first nine months of 2022, foreign investors have become the driving force supporting the Vietnamese stock market in the last few months, and the inflows are expected to continue this year. In 2022, this group net disbursed more than 29.2 trillion VND (1.2 billion USD) to the market, while it has net sold nearly 18.8 trillion VND and set a record net selling value of over 62.2 trillion VND in 2021. In November alone, more than 16 trillion VND in net disbursed cash flow from foreign investors was significantly supported by exchange-traded fund (ETF) capital inflows into the market, primarily from the Fubon ETF and the VNDiamond Index-based ETF. A study by BIDV Securities Company (BSC) analysing over 50 billion USD owned by foreign investors on the Vietnamese stock market showed that more than half of foreign … [Read more...] about Foreign investors remain optimistic about Vietnamese stock market
Many Vietnamese enterprises achieved success in 2022 after shifting to exports through e-commerce platforms, especially Amazon. The trend is expected to continue this year. Vietnam was among the top five countries with the highest e-commerce retail sale growth rates in 2022, according to a report by the U.S.’s market research company eMarketer. Impressive growth A year after beginning to sell goods on Amazon to European and American markets, ChicnChill, a Vietnamese handicraft brand, reported a growth rate of up to 700 percent. Tran Tuan Dung, CEO of ChicnChill, said he saw the start-up thrive when a majority of Vietnamese enterprises have scaled down their operations due to the impact of the COVID-19 pandemic. He and his team spent months studying the lifestyle in European and American markets and home decoration trends there, thereby determining the company’s key products and penetrating into these markets. After a year, ChicnChill’s home decoration products are … [Read more...] about Vietnamese firms earn big from Amazon
Pham Tuan Huy has become the second Vietnamese mathematician after famed Professor Ngo Bao Chau to receive a research fellowship from the Clay Mathematics Institute. The Clay Mathematics Institute officially announced two mathematicians who will be awarded research fellowships in 2023, including Paul Minter, who obtained his PhD in 2022 at the University of Cambridge, and Pham Tuan Huy, who is about to receive his PhD from Stanford University. Both Minter and Huy will be Clay Research Fellows starting July 1. The appointment term of Minter is four years while Huy's is five years. On the website of the Clay Mathematics Institute, Huy is introduced as a highly inventive and prolific researcher who has already made fundamental contributions to combinatorics, probability, number theory, and theoretical computer science. The 27-year-old is the second Vietnamese mathematician to receive a research fellowship from the Clay Mathematics Institute after famed Professor Ngo Bao Chau in … [Read more...] about Vietnamese mathematician granted Clay Research Fellowship