Veteran actress Waheeda Rehman will be honored with an Excellence in Screen Acting Award at the 12th edition of Third Eye Asian Film Festival, which she will inaugurate Jan 3.

The festival will open with Vietnamese film `Koan of Spring`, directed by Lou Ma Ho.

It will also have a special Marathi package of six films premiering in India, said a statement.

The highlight of the festival is Kamal Swaroop's "Rangbhoomi", a documentary on the life of Dadasaheb Phalke, called the father of Indian cinema.

The festival will close with the Chinese film `Aftershock`.