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 …
Vietnamese footballer to auction SEA Games gold medal for Covid-19 relief
"During quarantine, I was keeping up to date on the Covid-19 situation in the country. When I saw the new cases increasing every day, it made me feel worried. "I want to give away the medal to raise funds. Hopefully, it will radiate the same spirit as during our win at SEA Games 2019," Hoang said. As a U22 player in 2009, Hoang competed in his first SEA Games when he was 20. The team went all the way to the final but lost to Malaysia. Ten years later, Hoang was selected for SEA Games again as one of the two additional players above 23 years old added to the U22 team. And this time, Hoang finally claimed the gold medal he has been seeking all along. "When I received the medal, the feeling was really hard to describe. I was very lucky. I thought I wouldn’t be able to play in SEA Games again," Hoang said. The medal will be up for auction online until Aug. 8. "For me, the real value in life lies in the good things that I can give, not the things I receive. Therefore, I’m always …
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Vietnam signs contract of third PPP section of North-South Expressway
The contract signing ceremony of the third PPP section under the North-South Expressway The Cam Lam-Vinh Hao section is one fo three public-private partnership (PPP) sections under the Eastern Cluster of the North-South Expressway. After the contract signing, Cam Lam-Vinh Hao will enter the phase of credit arrangement and then construction. According to the feasibility study, the section has a total length of 78.5km, starting from Cam Thinh commune of the southern central province of Khanh Hoa to Vinh Hao commune of the southern central province of Binh Thuan. The Cam Lam-Vinh Hao section has a total investment capital of nearly VND8.93 trillion ($388.26 million), with VND3.78 trillion ($164.34 million) coming from investors and about VND4.2 trillion ($182.6 million) to be sourced from the state. The section, together with other sections of the Eastern Cluster will help increase transportation capacity, connecting south-central and south-eastern economic hubs and boosting …
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One million doses of Sinopharm vaccine arrive in HCM City, health ministry urges faster vaccination
A vial of COVID-19 vaccine Vero Cell from Sinopharm. — XINHUA/VNA Photo HÀ NỘI — One million doses of Sinopharm's COVID-19 vaccine Vero Cell arrived in HCM City on Saturday, as part of a deal to acquire five million doses, the health ministry has announced. Early in July, the health ministry gave permission for the State-owned Saigon Pharmaceutical Group (Sapharco) in HCM City to import the doses. They were partially paid for using money donated to the national COVID-19 vaccine fund by Vạn Thịnh Phát Holdings Group. This was authorised by HCM City People's Committee, according to local media reports. Vạn Thịnh Phát is a private company with a diverse portfolio headquartered in HCM City's District 1. Its founder, and chairman of the board, Trương Mỹ Lan, is a Vietnamese of Chinese origin. With this latest batch of vaccines, HCM City’s total number of doses received has hit three million. This is the biggest share of the country's available stockpile of 16 million doses and …
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 …
Novaland reports H1 after-tax profit of over VND2 trillion
By the end of the second quarter of 2021, the company recognised net after-tax profit of VND2.014 trillion ($87.57 million), up 71 per cent on-year. Total consolidated revenue including revenue from sales of goods and service rendering was about VND7.097 trillion ($308.57 million), an increase of 282 per cent over the same period in 2020. Of this, revenue from sales was VND6.344 trillion ($275.83 million), up by 541 per cent on-year, mainly contributed by project handover such as Saigon Royal, Aqua City, NovaHills Mui Ne, Victoria Village, NovaWorld Ho Tram, NovaWorld Phan Thiet; revenue from service rendering and others reached nearly VND753 billion ($32.74 million). As of June 30, 2021, the company’s total assets were recorded at VND171.5 trillion ($7.46 billion), up 18.7 per cent on-year. Inventories were recorded at VND103.241 trillion ($4.45 billion), up 18.9 per cent year-to-date, mostly from an increase of project development costs at Aqua City, NovaWorld Phan Thiet, NovaWorld …
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Southern provinces assisted to sell farm produce amid social distancing
An online forum has been organized to discuss solutions to help 19 southern provinces sell their farm produce. Nineteen provinces in the south are experiencing social distancing with restricted travel. It now the high fruit harvesting season with high output that needs to be consumed. A report showed that the provinces need to sell 32,000 tons of mango a month, 41,000 tons of bananas, 48,000 tons of dragon fruit, 25,000 tons of durian, 10,000 tons of rambutan and 20,000 tons of longan. According to Taskforce 970 in charge of coordinating producers and distributors of farm produce for southern provinces amid the pandemic, as of 3 pm on July 26, 414 distributors had registered to provide farm produce with the taskforce, including 107 fruit and 103 vegetable distributors. The problem lies in transportation. It is difficult to carry farm produce to consumption points. The Ministry of Transport’s QR Code registration system is often overloaded for many hours. Many cities and …
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Vietnam chairs meeting of Group of Friends on 1982 UNCLOS
On July 21 (New York time), the Vietnamese mission to the United Nations (UN) hosted an online meeting of the Group of Friends on the 1982 United Nations Convention on the Law of the Sea (UNCLOS). At the online meeting of UNCLOS Friends Group. The theme of this meeting highlights the importance of the UNCLOS in carrying out UN Sustainable Development Goal No 14 on the conservation and sustainable use of seas and oceans (SDG 14). The event featured the participation of ambassadors, delegation heads and representatives of more than 120 UN member states. Upon addressing the event, Malcolm Evans, British Professor of Public International Law at Bristol University said that UNCLOS, the "Charter of the Oceans", is the framework that governs all activities at seas and oceans, ensuring a balance between the need to exploit resources from the sea, and the freedom and the governance of the sea that serves common interests. Dispute settlement mechanism established under the …
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Ministry of Health to set up intensive care unit for COVID patients in Bình Dương
A 1,500-bed field hospital has been set up in Bình Dương Province for COVID-19 patients in Bình Dương New City. Photo sggp.org.vn HCM CITY – Minister of Health Nguyễn Thanh Long has discussed with leaders of Bình Dương the establishment of an intensive care unit for COVID-19 patients in one of the southern province's hospitals. The ICU Centre with 200 ventilators will play a important role in reduce the rate of severe and death of the COVID-19 cases. The ministry has suggested that the ICU should be set up at the province general hospital in Thủ Dầu Một City, and be connected with its professional council and with field hospitals and lower-level hospitals. Long said that the ICU would be managed by Associate Professor Nguyễn Lân Hiếu, director of the Hà Nội Medical University Hospital. He also said his ministry would dispatch more healthcare personnel to support the province with vaccination so that the campaign is effective. Chairman of the province People's Committee, Võ …
PM urges vaccination priority for HCM City
Prime Minister Phạm Minh speaks at a conference on COVID prevention with the leaders of all 63 provinces and cities on Friday. Photo chinhphu.vn HCM CITY — Prime Minister Phạm Minh Chính has called on cities and provinces to prioritise vaccination of people living in COVID-19 hotspots like HCM City and provinces with a large number of industrial parks. Speaking at a national conference on COVID prevention on Friday (July 30), he said further: “Priority must be given to frontline medical forces, pandemic volunteers, community COVID-19 groups, seniors, people with underlying medical conditions, and those involved in supply chains.” Việt Nam has recorded 141,122 infections as of Saturday noon. The situation remains dire in the south, especially in epicentre HCM City where there are more than 88,000 cases and Bình Dương Province (13,400). The National Steering Committee for COVID-19 Prevention and Control will work with the Ministry of Health and specialised agencies to work out …
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