Is tet losing its

The shows are the result of co-operation between VOV and the Vietnam Film Studio (VFS). Launched last month, Vietnam Journey aims to honor Vietnamese culture and tourism. The screening of these shows is a part of the effort, according to Nguyen The Ky, General Director of the VOV. “We are introducing two shows for the Tet holiday to give viewers a chance to relax and enjoy interesting stories,” he said. “The stories are told in a tender and humorous way to call on people to preserve the country’s fine traditions.” Vuong To (Beauty of Silk) tells the story of Van Phuc Silk Village in Ha Dong district, where the trade of weaving silk has been nurtured for centuries. The film depicts the process of making and designing silk, and how hard the artisans fight to preserve the traditional trade in the face of modern trends and foreign brands. Directed by Nguyen Duc Viet, the show stars Quoc Tuan, Phu Don, Vinh Xuong and Thu Hien. Xuong said he spent a long time and effort learning … [Read more...] about TV shows promoting traditional culture to be screened

US stocks rally again as China premier warns on Covid-hit economy, illustration photo source: freepik.com After a positive session in Europe, the S&P 500 finished Thursday's session up two percent, positioning the broad-based US index to potentially snap a seven-week losing streak depending on Friday's session. "The market was very oversold, and way overdue to bounce," Adam Sarhan of 50 Park Investment said shortly before the market closed. "And what's happening now, the market is bouncing pretty strong." Stock markets have taken a beating this year as central banks have begun to raise interest rates in order to curb the highest consumer price rises in decades. But US stocks pushed higher on Wednesday after investors took a positive view of the Federal Reserve minutes, which raised hopes that while the central bank would move aggressively to lift interest rates, it might be able to halt additional rate hikes as soon as this summer if inflation recedes. Wall Street kept … [Read more...] about US stocks rally again as China premier warns on Covid-hit economy

A bondholder shows her ABOND bonds. Photo mns.com HÀ NỘI — Bond issuers have become more cautious amid the authorities tightening control of the market, leading to issuance shrinkages. The Ministry of Finance reported that the total issuance volume of privately-placed bonds plunged to around VNĐ30 trillion (US$1.3 billion) in April, down 33 per cent year-on-year. In the first two weeks of May, the issuance figure reached VNĐ5.2 trillion, equaling one-third of the figure last year. Notably, realty bonds fell sharply to about VNĐ820 billion in April, far less than their average monthly volume of VNĐ26 trillion in 2021. The market experienced not only decreasing bond issuances but also a buyback spree. Specifically, premature bond buybacks in April alone stood at VNĐ11.9 trillion, comparable to the figure of VNĐ12.8 trillion in the previous three months combined. The securities firm SSI underlined the Tân Hoàng Minh Group's cancellation of issuance of nine … [Read more...] about Bond issuance slows amid tightening controls