Log in
Business

Vietnam may own Covid-19 vaccine by end of 2021: DPM

Of the four vaccine research companies in Vietnam, two are expected to conduct human trials of locally-made Covid-19 vaccines this month.

With the current progress, Vietnam is hopeful of owning a safe and effective domestically made Covid-19 vaccine by the end of 2021, Deputy Prime Minister Vu Duc Dam said at a National Assembly sitting on November 6.

 Deputy Prime Minister Vu Duc Dam speaks at a National Assembly sitting on November 6. Photo: Kinhtedothi.vn


Currently, four Vietnamese pharmaceuticals are researching anti-Covid-19 vaccines including Nanogen, Vabiotech, Polyvac and the Institute of Vaccines and Medical Biologicals (IVAC).


"Of the four vaccine research companies in Vietnam, two are expected to conduct human trials of locally-made Covid-19 vaccines this month,” said Mr. Dam.


Vietnam’s health ministry and scientists are hoping to have a commercially-viable Covid-19 vaccine in the fourth quarter of 2021.

There are more than 170 countries which are engaged in researching and testing anti-Covid-19 vaccines, Mr. Dam said.


Ninety two countries worldwide, including Vietnam, have joined an initiative by the World Health Organization and the Global Vaccine Alliance to guarantee rapid, fair and equitable access to COVID-19 vaccines for every one. However, no company has committed to selling the vaccines to this alliance, Mr. Dam informed.


He added that Vietnam is working with partners, including China and Russia, on vaccine manufacturing. It is not easy to buy Covid-19 vaccines because the demand far exceeds the production capacity. The government who wants to buy the vaccines must make a down payment.


Therefore, the deputy prime minister urged localities and individuals to remain vigilant, especially by closely monitoring illegal entry at border gates, as the looming winter-spring weather is conducive to the spread of the virus. 

In addition, people must learn to live safely with the pandemic, Dam said, adding that leaders of ministries, localities and individuals must be on high alert to prevent Covid-19 by complying with all anti-pandemic protocols.


Vietnam has recorded 1,207 Covid-19 cases so far, of them 100 are still active. A total of 35 have succumbed to the disease, many being elderly patients with underlying conditions like diabetes or kidney failure. No community transmission has been recorded in more than two months.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam posts five-year high FDI disbursement as investor confidence strengthens nationwide 2025

Vietnam posts five-year high FDI disbursement as investor confidence strengthens nationwide 2025

Despite global economic and geopolitical headwinds, foreign capital flows into Vietnam accelerated in 2025, with investment increasingly concentrated in high value-added sectors, highlighting the country’s growing appeal as a stable, long-term destination for investors.

VN-Index set for 2,200-mark next year: JP Morgan

VN-Index set for 2,200-mark next year: JP Morgan

Vietnam’s appeal goes beyond the upgrade, driven by major economic reforms that are lifting business and consumer confidence, as well as improving profit prospects over the next three to five years.

Vietnam to launch smart agriculture innovation center in Lang Son

Vietnam to launch smart agriculture innovation center in Lang Son

The center is expected to bridge gaps in technology testing, connect farmers with researchers and markets and accelerate sustainable, high-tech agricultural development nationwide.

Hanoi urged to train 100,000 digital engineers through online academy

Hanoi urged to train 100,000 digital engineers through online academy

The Capital Strategic Technology Development Forum gathered a wide range of proposals from businesses, experts and investors on how Hanoi should shape its deep-tech development agenda in the coming decades with a long-term vision to 2045.

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Open innovation is becoming a cornerstone of Vietnam’s development strategy, as policymakers, experts and international partners emphasize people-centered collaboration to tackle inequality, climate change and urbanization through inclusive, technology-driven solutions showcased at TECHFEST Vietnam 2025.

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam’s startup ecosystem continues to expand rapidly, with strong venture capital inflows and fast growth in digital, AI and green technologies, reinforcing the country’s appeal to global investors.

Vietnamese policymakers push for early launch of gold exchange

Vietnamese policymakers push for early launch of gold exchange

A transparent gold exchange would not only offer a safe investment channel for the public but also provide a foundation for Vietnam to become a regional hub for jewelry manufacturing and exports.

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom will transfer technology, localize nuclear products in Vietnam and support the development of the country’s nuclear science and industry for peaceful purposes.