Want to be in the loop?
subscribe to
our notification
Business News
FACTORY WORKERS ADDED TO COVID VACCINE PRIORITY LIST
Workers employed in industrial parks have been added to the priority list for Covid-19 vaccination.
The Government Office announced Tuesday the focus is now on large production facilities with a large number of workers.
The list earlier comprised frontline medical workers, other medical staff, soldiers, police officers, teachers, diplomatic personnel, customs and immigration officers, those working in essential services like transport, people aged 65 and above, poor people, those with chronic diseases, people seeking to study or work abroad, and those living in pandemic-hit areas.
Earlier the Vietnam Textile and Apparel Association and the Vietnam Association for Supporting Industries (VASI) had written to the government asking for industrial workers to be vaccinated quickly since they are vulnerable but crucial to supply chains.
Supporting industry companies are willing to pay for this, it said.
A month into the fourth wave, Vietnam has logged 2,873 domestic cases in 30 cities and provinces, with neighboring Bac Giang and Bac Ninh provinces in the north reporting the highest rates.
Factory workers in the two provinces in fact account for almost 70 percent of all cases nationwide.
The government aims to secure 150 million doses of vaccines to immunize 75 percent of the population this year, and the Ministry of Health estimates the program will cost around VND25.2 trillion ($1 billion), VND21 trillion for the vaccines and the rest for their transportation, storage and distribution and organizing vaccination.
Vietnam, which is currently using the vaccine produced by British-Swedish firm AstraZeneca for its immunization program, has received nearly 2.9 million doses, 464,000 through commercial contracts and the rest through Covax, and vaccinated over a million people so far.
The ministry has deals to buy 30 million doses and obtain 38.9 million doses through Covax. It has also registered to buy 10 million additional doses through Covax under a cost-sharing scheme to benefit from lower prices.
Besides, it has inked a deal for 31 million doses of Pfizer’s vaccine this year.
Domestically, four vaccines are under development by Nanogen Pharmaceutical Biotechnology JSC, the Institute of Vaccines and Medical Biologicals (IVAC), Vaccine and Biological Production Company No. 1 (Vabiotech), and Polyvac.
Source: Vnexpress
Related News
![Card image cap](/uploads/news/Eco2.jpg)
GOV’T UNVEILS ACTION PLAN TO ACCELERATE INDUSTRIALISATION
Vietnam aspires to become among the top three industrial powerhouses in ASEAN, with the industrial sector contributing over 40 per cent to GDP. The manufacturing and processing sector is expected to account for around 30 per cent of GDP, with a strong emphasis on high-tech products aiming for over 45 per cent of the sector's value. To further drive the economy, the service sector is projected to contribute over 50 per cent to GDP, with tourism alone generating 14-15 per cent.
![Card image cap](/uploads/news/economic.jpg)
VIETNAM’S H1 ECONOMIC GROWTH QUITE IMPRESSIVE: ADB COUNTRY DIRECTOR
Country Director of the Asian Development Bank (ADB) for Vietnam Shantanu Chakraborty has expressed his impression of the Southeast Asian nation’s economic growth of 6.4 per cent in the first half of this year. The growth was mainly driven by strong trade recovery, where export grew by 14.5 per cent and import by 17 per cent over last year, he told the Vietnam News Agency. However, he said, the domestic segment remained sluggish.
![Card image cap](/uploads/news/Infrastructure13.jpg)
REAL ESTATE FIRMS AGGRESSIVELY RESTRUCTURING BOND DEBT
From the start of 2024 to July 5, the market saw 133 private placements and ten bond public offerings, totalling over VNĐ140 trillion. 65.6 per cent of this value was from the banking sector, while real estate bonds accounted for only 24.6 per cent, or over VNĐ34.5 trillion.
![Card image cap](/uploads/Logo/Cathay%20%281%29.jpg)
ONE-TIME OFFER: COMPLEMENTARY CATHAY PACIFIC LOUNGE PASS
Begin your trip on the right note in Cathay Pacific’s first-ever ferry lounge, located at Shenzhen’s Shekou Cruise home port. Situated at the end of the pier, the ferry lounge offers a breathtaking 270-degree view of the sea. You can immerse yourself in sheer luxury and revel in the panoramic beauty. Catch a glimpse of Hong Kong in the distance.
![Card image cap](/uploads/news/Industrial%20Zone.jpg)
VIỆT NAM TARGETS FULL MOBILE BROADBAND COVERAGE ON HIGHWAYS, INDUSTRIAL ZONES BY 2025
By 2025, Việt Nam aims to achieve one hundred per cent mobile broadband coverage on all national highways, expressways and railways under a plan to enhance the quality of Việt Nam’s mobile telecommunications network by 2025, which has been approved by the Ministry of Information and Communications (MIC).
![Card image cap](/uploads/news/Investment6.jpg)
VIETNAM ONE OF FASTEST-GROWING E-COMMERCE MARKETS IN SOUTHEAST ASIA
The report released on July 16 highlighted that the total GMV of Southeast Asia’s eight leading e-commerce platforms rose to $114.6 billion in 2023, up 15 per cent from 2022. The key drivers for the region's e-commerce GMV expansion in 2023 are Vietnam and Thailand, growing 52.9 per cent and 34.1 per cent on-year, respectively.