Illustrative image (Source: baotuyenquang.com.vn) Tuyen Quang (VNA) – The northern mountainous province of Tuyen Quang has decided to invest over 116 billion VND (5.1 million USD) in 2018 to help people in specially disadvantaged and ethnic minority-inhabited areas build infrastructure, develop production and diversify their livelihood. Of the total, over 115.6 billion VND (5.1 million USD) is sourced from the State budget. Accordingly, more than 86 billion VND (nearly 3.8 million USD) will be used in infrastructure development such as transport, irrigation systems and cultural houses. Livelihood diversification and poverty reduction will get more than 20 billion VND (880,000 USD). Meanwhile, nearly 10 billion VND (440,000 USD) will be used to maintain facilities and improve capacity of the public and local officials. The targeted localities comprise Lam Binh, Na Hang, Chiem Hoa, Ham Yen, Yen Son and Son Duong districts. Tuyen Quang has 699 villages and hamlets in … [Read more...] about Tuyen Quang: over 116 billion VND allocated to ethnic minorities
Where is binh thanh district
Tuyen Quang: Pathen ethnic group hosts fire dancing festival
The traditional festival of fire dancing of Pa Then ethnic minority community in Tuyen Quang (Source: VNA) Tuyen Quang (VNA) – The Pa Then ethnic minority community in Hong Quang commune, Lam Binh district, the northern province of Tuyen Quang, held their traditional festival of fire dancing on March 3 night. The annual festival is practiced on the 16th of the first lunar month to thank Gods for a bumper harvest, prosperity and good health. The festival began with the lighting of a large fire and a shaman prayed to the Gods. The offerings included a pig and five cups of rice wine. When the shaman constantly struck a wooden musical instrument and performed the rituals, the fire dancers, men only, came to sit in front of him and let spirits of Gods and the deceased enter their bodies in a rite called “nhap ma” (trance). The dancers then danced on a pile of burning coal for 3-4 minutes without fear among cheering crowds. The Pa Then people believe the flame is … [Read more...] about Tuyen Quang: Pathen ethnic group hosts fire dancing festival
Closer bank-business connections help deal with capital supply issue
Illustrative image (Source: VNA) – Over the years, commercial banks have offered various promotion programmes for businesses, especially those in five prioritized sectors with the preferential interest rate of 6-6.5 percent per year. The bright spot through credit activities of the banking sector so far is the close coordination with local governments in speeding up aprogramme to connect banks and businesses across the country in line with the major tasks and development plans of each locality. Symbiotic relations According to experts, the bank-business relationship is symbiotic, as removing difficulties for enterprises also helps ease difficulties for banks. In reality, not only businesses need banks, but banks have actively approached firms and connected with them to explore the reasons behind their difficulties in production and paying debts for the banks. Thus,they work together to seek solutions to step up credit programmes and policies to improve production and businesses, … [Read more...] about Closer bank-business connections help deal with capital supply issue