Yoga to the people east village

Co Loa Citadel represents the thousand-year history of the nation. This annual event is held to pay tribute to King An Duong Vuong, founder of the ancient Vietnamese kingdom of Au Lac, who led the fight against foreign enemies and ruled the country for 50 years in the 3rd century BC. The colorful festival of Co Loa Temple will take place until February 6. Photo: VNA At the opening of the festival, Dong Anh District People's Committee Chairman Nguyen Xuan Linh recalled that more than 2,300 years ago, after leading the resistance war against more than 50,000 Qin soldiers, King An Duong Vuong established the capital of the Au Lac Kingdom in Co Loa. “This is one of the extremely valuable historical sites with unique architecture and also an important archaeological site of the country,” he said. "The Co Loa citadel has become a symbol of the proud ancient Vietnamese civilization," he added. Being considered one of the oldest festivals in Vietnam, Co Loa … [Read more...] about Co Loa Temple Festival opens

Prime Minister Pham Minh Chinh asked the ministries to quickly resolve the relevant issues to keep the ring road project moving forward as planned. Hanoi and the two provinces of Bac Ninh and Hung Yen have made big progress in land clearance for the construction of the Ring Road 4, Prime Minister Pham Minh Chinh said on January 27. Prime Minister talks to local people that live in the area of the Ring Road 4 on January 27. Photo: Vietnam News Agency At the moment, Hanoi municipal  authorities have developed a land clearance plan for the whole 58.2-kilometer stretch of the ring road that runs through Hanoi. The capital has relocated almost two fifths of all the graves found along the ring road. Hung Yen Province has cleared land in Van Giang, Khoai Chau, Yen My and Van Lam districts and moved almost 16% of all graves along the ring road. Meanwhile, Bac Ninh Province does not have a plan to relocate graves and cemeteries in the project area, but Bac Ninh … [Read more...] about Prime Minister praises Ring Road 4 project’s land clearance

Co-organized by the Ministry of Natural Resources and Environment, the Ministry of National Defense and Hanoi municipal authorities, the tree-planting festival started a series of activities nationwide for the program “For a green Vietnam” with an aim to plant 22.5 million trees this year. Speaking at the event, Prime Minister Pham Minh Chinh recalled that 64 years ago, President Ho Chi Minh called on the entire people to respond to the tree-planting month which has become a tradition every lunar new year since then. According to him, Vietnam’s forest coverage expanded from 28% in 1990 to over 42% in 2022, absorbing over 70 million tons of carbon dioxide. The PM highlighted Vietnam's commitment to achieve net zero by 2050 and expressed his belief that the tree-planting campaign 2023 will produce positive achievements, helping the country deliver its commitment and contributing to national development. At the launch ceremony, he joined delegates in planting 3,000 trees at the … [Read more...] about Prime Minister launches New Year tree-planting festival

Between VND150-200 trillion ($6.4-8.5 billion) in bonds are set to mature this year, and if the bond market is left to self-regulate, systemic risks could spread to the banking sector and the entire financial market, Cuong told VnExpress in an interview. Although Vietnam concluded 2022 with a strong post-pandemic recovery, several financial problems plagued the economy last year, among them bond market issues . As there were many high-profile arrests due to alleged misconduct in bond issuance, companies prematurely redeemed VND210.57 trillion worth of their own bonds last year, up 46% from 2021. Although the market could be left to fix its own problems, Cuong said that it is recommended that the government intervenes with policies to ensure post-pandemic recovery, as one problem in the market could shake the market in a major way this year. He added that in the 2008 financial crisis, the U.S. government initially let the market corrects itself, but after Lehman Brothers … [Read more...] about Vietnam government should intervene in bond market: ADB economist

Illustrative image (Photo: vietnamnet) Hanoi (VNA) – The bustling game market in Vietnam is offering numerous opportunities for developers, according to experts. Le Quang Tu Do, Director of the Authority of Broadcasting , Television and Electronic Information under the Ministry of Information and Communications (MIC), cited data from App Annie 2020 showing that Vietnam ranked seventh in the world and second in Southeast Asia in the number of game downloads. Meanwhile, the country also ranked third in the top 10 game application manufacturers in the region. For every 25 games downloaded, there is one produced in Vietnamese studios. According to the statistics of Sensor Tower and the Vietnam Game Studio Club, there are currently about 5,000 games produced by Vietnamese people, mostly for children, entertainment, and education. Do said that the wage of each game developer in Vietnam is about 187 million VND (7,975 USD) per year, while that of each artist is abour 389 million … [Read more...] about Local game developers eye great opportunities at home

Police check a driver's papers on Highway No 1 in Chau Thanh district, Tien Giang province.(Photo: VNA) Hanoi (VNA) – As many as 152 traffic accidents occurred in the country during the Tet ( Lunar New Year ) holiday, from January 20 to January 26, a year-on-year decrease of 12 cases, according to the Ministry of Transport. The traffic accidents killed 89 people, down three from last year’s holiday, and injured 111 others, up by eight. The majority were road accidents, while there are four railway and one waterway accidents. Road traffic police nationwide punished 21,967 violators with fines totalling 50.4 billion VND (2.1 million USD). They temporarily confiscated 639 automobiles and more than 9,910 motorbikes and withdrew approximately 4,950 driving licences of different kinds. Of all the violators, more than 7,726 people were fined for high blood alcohol content, an increase of more than 6,600 people compared with the last Tet holiday. On waterways, … [Read more...] about Traffic accidents fall during Tet holiday