July retail sales plunges nearly 20% due to COVID-19 Total retail sales of goods and services shrank 8.3 percent month-on-month in July to 14.84 billion USD as a result of restrictions induced to stem the ongoing COVID-19 outbreak. Total retail sales of goods and services in the first seven months of this year exceeded 121 billion USD, up 0.7 percent year on year. The Ministry of Industry and Trade is formulating specific plans to stimulate consumption and sustainably develop the domestic market./. Vinamilk posts record high net revenue in Q2 2021 The Vietnam Dairy Products JSC – Vinamilk, the largest dairy company in Vietnam, posted a record high in net revenue of 15.71 trillion VND (682.57 million USD) in the second quarter of 2021, a year-on-year rise of 1.4 percent, according to its financial report. The figure also rose by 19.2 percent compared to the previous quarter. The company’s after-tax profit exceeded 2.86 trillion VND in the period, a year-on-year …
Ly Dynasty palace recreated to showcase the splendour of ancient architecture
Researchers have recreated a palace from the Ly Dynasty, giving an insight into the architectural splendour on show in Vietnam more than 1,000 years ago. The Thang Long Imperial Citadel was built in the 11th century by the Ly Dynasty, marking the independence of Dai Viet (Great Viet), the ancient Vietnamese kingdom. Photo nhandan.vn Scientists from the Institute of Imperial Citadel Studies (IICS) researched and excavated the relic site of the Thang Long Imperial Citadel in Hanoi for more than a decade, and they recently released the results. The institute has restored in 3D the architectural form of the palace of the Ly Dynasty (1009–1225) era as the first step for further in-depth studies of the Thang Long Imperial Citadel. "It will help us visualise more clearly and feel more deeply about the magnificent beauty of the ancient Thang Long Imperial Palace architecture," said Professor Bui Minh Tri, Director of the IICS. Dragon specimens of the architecture …