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Where is thu duc

/ April 19, 2021

Cultural activities celebrate Hung Kings

A cultural festival celebrating Hung Kings, known as the country’s founders, began yesterday in HCM City and Thu Duc City. A cultural festival celebrating Hung Kings, known as the country’s founders, will begin on Sunday (April 18) in HCM City and Thu Duc City. Photo suoitien.com The event opened with a series of traditional games and sports, and cooking competitions at the Hung Kings memorial area located in the Park of Culture and National History in Thu Duc City. The main ceremony commemorating the anniversary of the kings' death will be organised on the 10th day of the third month of the lunar calendar, which falls on Wednesday this year. It will include incense-offering rituals dedicated to the Hung Kings, the National Father Lac Long Quan and National Mother Au Co, hosted by officials from the People’s Party Committee, People’s Committee and Motherland Front Committee. A special exhibition of pictures and ancient objects featuring the country’s history and culture in different periods is being held. Folk music and martial arts performances, staged by artists of leading traditional art troupes in the region, will be organised during the ceremony. Vietnamese songs and instrumental music pieces will be performed. Patriotism, peace, love, youth and spring will be the shows’ themes. In HCM City, a youth camp called Tự Hào Nòi Giống Tiên Rồng (Proudly Our Legends) with university students will open at 8am on Thursday at the Tao Dan Cultural Park in District 3. As per tradition, Suoi Tien and Dam Sen parks in districts 9 and 11 will hold events for visitors to pay tribute to the Hung Kings. The HCM City Book Fair will also open on Nguyen Van Binh Street on Tuesday and Wednesday. The fair will display several thousands of book titles from four local major publishers and book distributors, including the HCM City Book Distribution Corporation and Phuong Nam Books. Many books will feature topics on Vietnamese history and culture. …

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/ April 19, 2021

Vietnamese painting sold for a whopping US$3.1 million at Hong Kong auction

Oil painting entitled Portrait de Mademoiselle Phuong (Portrait of Mademoiselle Phuong) by painter Mai Trung Thu The masterpiece dating back to the year of 1930 and measuring 135.5 x 80 cm is a rare and exquisite work of Vietnamese Modern art of a collection belonged to an owned group, Les Souvenirs d’Indochine: The Madame Dothi Dumonteil Collection. It was featured in the iconic 1993 film, "The Scent of Green Papaya" (L'Odeur de la papaye verte) by Vietnamese French director Tran Anh Hung. The painting was first exhibited at the Fine Arts College of Indochina in 1930 and one of the few pieces selected for the 1931 Exposition Coloniale Internationale in Paris. Mai Trung Thu (1906-1980) was born in Hai Phong. In 1925, he studied in the Indochina Fine Arts College, together with popular painters namely Nguyen Phan Chanh, Le Van De, Le Pho, Nguyen Cao Luyen. In 1930, after graduating from the Indochina Fine Arts College, he was appointed as painting teacher at Hue High School for the Gifted. In the 1930s, Mai Trung Thu attended exhibitions in many countries around the world such as Italy ,Belgium , USA and France where he settled later in Paris since 1936. The artist was interested in oil paintings which depicted scenes of Vietnamese rural life and chose silk as the material to execute valuable paintings. His favorite theme was women, children and daily life combining with Vietnam’s cultural identity His artworks featured light colors displayed in many exhibitions all over the world significantly contributed to build the reputation for Vietnamese Contemporary Fine Arts. By Kim Loan – Translated by Kim Khanh …

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/ April 19, 2021

VIETNAM BUSINESS NEWS APRIL 19

Vietnamese businesses look to further optimise opportunities from CPTPP After two years of implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the use of the deal to generate benefits for the economy and businesses has remained modest, according to insiders. Among 14 free trade agreements (FTAs) Vietnam has signed, the CPTPP is a new generation FTA with high standards and the highest level of facilitation. Vietnam has been forecast to be one of the members that benefits the most from the deal. However, the country has experienced challenges in optimising the FTA because of its modest level of development and competitiveness. Due to US-China trade tensions and the impact of COVID-19, the global economy fell into crisis last year with interrupted supply chains. Vietnam also suffered an economic downturn. Therefore, after two years of implementation, the benefits from the CPTPP are still to be seen. Vu Tien Loc, President of the Vietnam Chamber of Commerce and Industry (VCCI), said that positive results in the two years of implementation include the reform of institutions and administrative procedures. Explaining the modest benefits so far, Loc said major reasons include the poor competitiveness of Vietnamese enterprises, market instability, and the low capacity of State agencies. Meanwhile, Nguyen Cam Trang, Vice Director of the Import-Export Department at the Ministry of Industry and Trade, said the CPTPP has helped promote Vietnam’s exports. However, its market share and export growth to the six partners that have implemented the CPTPP have been low. She noted that Vietnam’s market share is 3.1 percent in Japan, 1.9 percent in Australia, 1.6 percent in New Zealand, 1.3 percent in Mexico, 1.1 percent in Canada, and 1 percent in Singapore. Growth in exports to CPTPP markets was 12.2 percent in 2018, 13 percent in 2019, and 12.02 percent in 2020, Trang added. She said that, in the future, …

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