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
Hanoi’s Hi-tech & Industrial Parks: achievements and outlook

Hanoi’s Hi-tech & Industrial Parks: achievements and outlook

Hanoi’s hi-tech and industrial parks are emerging as key drivers of the capital’s economic transformation, attracting high-value investment, advancing innovation and strengthening supply chains as the city sets its sights on becoming a leading regional technology and manufacturing hub.

Vietnam honors 50 transparent listed companies as stock market reaches new milestones

Vietnam honors 50 transparent listed companies as stock market reaches new milestones

Vietnam honored 50 listed companies for excellence in transparency at the 2025 Vietnam Listed Company Awards, which spotlighted standout annual reports, corporate governance and sustainability disclosures amid rising foreign investor interest and growing alignment with international reporting standards.

Vietnam to tighten biometric authentication for new bank cards next year

Vietnam to tighten biometric authentication for new bank cards next year

Bank card issuers must conduct a face-to-face meeting and match the biometric data of individual customers or the legal representative of organizational customers with their identity documents.

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Vietnam will host the seventh National Forum on Vietnamese Digital Technology Enterprises on December 25 in Hanoi, highlighting policy directions, strategic technologies and progress under the “Make in Vietnam” initiative as the country pushes toward a stronger digital economy.

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

At the Moscow–Hanoi Business Forum, leaders from both capitals said 75 years of Vietnam–Russia ties provide a strong foundation to deepen economic and investment cooperation, especially in technology, trade and urban development.

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam’s manufacturing sector continued to expand in November, marking the fifth straight month of improvement, even as severe storms caused supply-chain delays and slowed production, according to S&P Global.

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Hanoi’s Hoan Kiem pedestrian street will host Techfest Vietnam 2025 from December 12 to December 14, welcoming entrepreneurs, investors and the public to explore emerging technologies and celebrate the country’s growing culture of innovation.

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

The Vietnam Women’s Entrepreneurship Support Program has surpassed nearly every target set for 2017–2025, empowering more than 118,000 women to launch new ventures and laying the groundwork for a stronger, more inclusive entrepreneurial ecosystem in the next decade.