Log in
Vietnam

Vietnam likely to ink contract of Pfizer-BioNTech vaccine today

Vietnam’s Prime Minister said purchasing vaccine is an urgent task and must be done at the earliest.

Vietnam on May 18 may reach a deal to get 31 million vaccine doses made by Pfizer Inc. and BioNTech SE, reported at a government meeting on May 17.

 Pfizer-BioNTech Covid-19 Vaccine. Photo: AFP

Prime Minister Pham Minh Chinh said at the meeting that vaccine purchase is an urgent task and must be done at the earliest.

Vietnam is currently using the AstraZeneca Covid-19 vaccine bought from AstraZeneca plc and delivered by the World Health Organization-led global vaccine sharing COVAX Facility.

Vietnam has so far received more than 2.6 million vaccine doses and half of them have been administrated to local residents.

Pfizer-BioNTech Covid-19 Vaccine is among the priciest on the market, at US$19.5 a dose.

Pfizer CEO Albert Bourla in April 2021 said the company’s Covid-19 vaccine price is no more expensive than the cost of a meal and will not be sold to poor countries for a profit.

“Vaccines are very expensive.” “They save human lives, they allow economies to reopen, but we sell them at the price of a meal,” he said in the interview with Les Echos in France, Germany’s Handelsblatt, Italy’s Corriere Della Sera and El Mundo in Spain.

Bourla did not confirm the price of the Pfizer vaccine but admitted that it was sold at a higher price to developed countries like those in the EU or the US, for half the price in middle-income countries and at a cost in poorer countries, including in Africa.

The prices are in sharp contrast to the vaccine produced by British-Swedish drugmaker AstraZeneca, which vowed not to make a profit on its product during the pandemic.

Pfizer-BioNTech Covid-19 Vaccine, which is based on BioNTech proprietary mRNA technology, was developed by both BioNTech and Pfizer.

Since December 11, 2020, the vaccine has been authorized by the US Food and Drug Administration (FDA) for emergency use to prevent Covid-19 in individuals 16 years of age and older.

On May 10, 2021, the FDA expanded the emergency use authorization for the Pfizer-BioNTech Covid-19 Vaccine to include adolescents 12 through 15 years of age.

Reactions:
Share:
Trending
Most Viewed
Related news
EU praises Vietnam’s creative community for advancing sustainable design

EU praises Vietnam’s creative community for advancing sustainable design

EVSDA 2025 reinforces creativity’s role in driving sustainable development in Vietnam while connecting European and Vietnamese values and highlighting ideas for a greener and more inclusive future.

TECHFEST Vietnam 2025 reinforces innovation’s role in powering next growth phase

TECHFEST Vietnam 2025 reinforces innovation’s role in powering next growth phase

It is Vietnam's largest annual festival for innovative startups, highlighting inclusive innovation, encouraging technology commercialization and the development of new products to ensure that no one is left behind in the country’s transition to a knowledge-driven economy.

Innovation becomes core driver of national development: Vietnam PM

Innovation becomes core driver of national development: Vietnam PM

Innovation is the inevitable path for Vietnam's rapid and sustainable development, building an independent and self-reliant economy that is deeply integrated into the international community.

Green marine economy set for Vietnam’s new development phase with pioneering vision

Green marine economy set for Vietnam’s new development phase with pioneering vision

Unlike traditional conservation approaches, the green marine economy relies on technology, financial resources and international cooperation to balance environmental protection with sustainable economic growth.

Vietnam, Malaysia reaffirm ASEAN unity, call for restraint amid regional tensions

Vietnam, Malaysia reaffirm ASEAN unity, call for restraint amid regional tensions

Both prime ministers also align bilateral cooperation with regional priorities, particularly strengthening ASEAN unity and centrality as constructive and responsible partners.

Temple of Literature by night: When heritage awakens in a magical glow

Temple of Literature by night: When heritage awakens in a magical glow

With layered lighting, immersive sound and rich storytelling, the Van Mieu Night Tour brings centuries-long heritage to life, showcasing the Quintessence of Education and Vietnam’s tradition of honoring knowledge in an enchanting Hanoi night.

Vietnam weathers tariff pressures better than anticipated: HSBC

Vietnam weathers tariff pressures better than anticipated: HSBC

While most regional economies significantly restrained exports to the US, Vietnam maintained strong growth.

“Acquired Identity”: Minh Dam’s watercolor journey and cultural dialogue

“Acquired Identity”: Minh Dam’s watercolor journey and cultural dialogue

His personal journey between Poland and Vietnam is reflected in the “Acquired Identity” exhibition, showing that selfhood is shaped through experience and enriched by multicultural influences.