The festival takes place every year, for two days, in the middle of the third lunar month. It is celebrated as an act of respect for the spirits, and it is also linked to the prosperity of the fishing villages.

On the first day of the festival, all the villagers place significant objects on a table to begin the Peace Ceremony, which is organized on the first night. The next morning, villagers take part in a water procession, accompanied by a music band and an ensemble of hat boi (Vietnam traditional opera). During the two days of the festival, all ships and boats are anchored at the wharf.