35 billion in indian rs

>>> First 35 volunteers receive injections of home-grown COVID-19 vaccine in second-stage trial The award ceremony was held at the Ministry of Health’s headquarters in Hanoi on the morning of February 27. The COVIVAC vaccine research and production project was launched by IVAC (under the Ministry of Health) in May 2020, on the basis of cooperation with the relevant universities, research institutes and international organisations. IVAC Director Dr. Duong Huu Thai said that COVIVAC is a liquid vaccine with or without adjuvants, without preservatives, and the production technology using the Newcastle disease virus (NDV) vaccine vector with the S gene of the SARS-CoV-2 vaccine attached to produce vaccines in chicken eggs containing embryos. This technology is also used to produce vaccines to prevent seasonal flus circulating in Vietnam. The results of pre-clinical studies in India, the USA and Vietnam have shown both safety and efficacy. After seven months of study (May to December last year), IVAC has successfully produced three consecutive batches on a large scale, with 50,000-100,000 doses per batch. The vaccine batches for clinical trials have been assessed for quality by the manufacturers and the National Institute for Control of Vaccines and Biologicals, which has certified six batches of finished vaccines. COVIVAC has also undergone preclinical tests for toxicity, immune response, and protective effects on domestic and foreign laboratory animals. The COVIVAC vaccine phase 1 and phase 2 clinical research protocols have been approved by the National Ethical Council in Biomedical Research and the Ethical Councils at grassroots level. IVAC is expected to start conducting clinical trials this March and the process is due to be completed in October. Notably, the cost of this vaccine will be less than VND60,000 per dose. Currently, IVAC is upgrading existing factories to improve production capacity once entering large-scale production. …

[Read more...] about VND20 billion offered for home-grown COVID-19 vaccine clinical trial study

Clam processing at Lenger Seafoods Vietnam Co. Việt Nam and the UK saw impressive growth in their two-way trade though exports faced formidable challenges caused by the COVID-19 pandemic. VNA/VNS Photo HÀ NỘI — After the UK-Việt Nam Free Trade Agreement (UKVFTA) took effect on December 31, 2020, both sides saw impressive growth in their two-way trade though exports faced formidable challenges caused by the COVID-19 pandemic. Statistics from the General Department of Việt Nam Customs showed that total trade in goods between the two nations topped US$657.35 million in January, a year-on-year hike of 78.57 per cent. The Ministry of Industry and Trade described it as an impressive growth, particularly in the context of COVID-19. Notably, Việt Nam’s shipments to the European country hit $598.07 million, or 84.61 per cent higher than the same time last year, and 56.51 per cent higher than December 2020. Exports of agricultural products maintained stable growth in the month, with export revenue of seafood surging 18.1 per cent to $19.72 million, and fruits and vegetables rising 148.6 per cent to $1.04 million. Under the UK trade deal, tariffs levied on Vietnamese shrimp materials is reduced from 10-20 per cent to zero per cent, while more than 94 per cent of 547 tariff lines on Vietnamese fruits and vegetables will be cut to zero per cent. Experts said a wide range of Vietnamese fruits like lychee, longan, dragon fruit, pineapple and rambutan will hold more advantages to access the UK market over those from Brazil, Thailand and Malaysia who have not clinched an FTA with the European country. Việt Nam also saw strong increase in its shipments of telephone and parts (up 371.6 per cent to $252.59 million); machines, equipment and parts (up 109.9 per cent to US$74.58 million); computers and parts (up 91 per cent to $31.82 million), among others. Meanwhile, Việt Nam spent $59.297 million on imports from the UK, up 34.3 per cent year-on-year. Last year, total …

[Read more...] about UKVFTA – a boost to Việt Nam-UK trade

Workers operating equipment for oil and gas production. PetroVietnam Gas shares inched higher on Monday, contributing to the gain of the VN-Index. Photo courtesy of PetroVietnam Gas HÀ NỘI — Việt Nam's stock market edged higher on Monday as investors flocked into oil and gas, construction and banking stocks. The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) finished the first trading day of the new month at 1,186.17 points, up 1.51 per cent. The gain ended last week's downward trend. The index decreased by 0.43 per cent last week. Trần Xuân Bách, a senior analyst from Bảo Việt Securities Co., wrote in a daily report to customers that the market's trend is expected to continue sideways with alternating up and down sessions. And the index might test the resistance territory of 1,175 - 1,185 points during first sessions of this week. At the end of the session, 358 stocks climbed, of which 35 stocks hit the maximum daily gain, while only 85 stocks declined. And 60 stocks stayed steady. High liquidity in the market was the main force for the gain Monday. Nearly 643.4 million shares were traded on the southern bourse, worth over VNĐ16 trillion. In the morning session alone, over VNĐ10.2 trillion was poured into the market. However, the strong cash inflows once again created an overload on HoSE in Monday's afternoon session. Big stocks across all sectors posted good performance on Monday with the VN30-Index rising by 1.55 per cent to 1,191.83 points. Of the VN30 basket, 27 stocks climbed, while only three stocks declined. Top five stocks influencing the market's trend were in gas and oil, construction and banking sectors including PetroVietnam Gas JSC (GAS), up 2.91 per cent, Vinhomes JSC (VHM), up 1.38 per cent, Vietcombank (VCB), up 1.02 per cent, Techcombank (TCB), up 2.42 per cent and Việt Nam International Commercial Joint Stock Bank (VIB), up 6.93 per cent. On the Hà Nội Stock Exchange (HNX), the HNX-Index rose 1.26 per cent to …

[Read more...] about Shares surge on strong cash inflows