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/ March 3, 2021

Covax details rollout of 238 million vaccine doses

Some 238.2 million doses will be distributed around the world by the end of May through the program aimed at boosting access to coronavirus jabs in poorer nations. Though vaccination campaigns have gathered pace globally, the majority of injections have been administered in wealthier countries while many nations have yet to receive a single dose. The Covax scheme, aimed at ensuring equitable access to Covid-19 vaccines, on Tuesday outlined plans to deliver to 142 countries and territories by May 31, in its first wave of distribution. The five biggest confirmed recipients are Pakistan (14,640,000 doses), Nigeria (13,656,000), Indonesia (11,704,800), Bangladesh (10,908,000) and Brazil (9,122,400). They are followed by Ethiopia (7,620,000), the Democratic Republic of the Congo (5,928,000), Mexico (5,532,000), Egypt (4,389,600) and Vietnam (4,176,000). Iran, Myanmar, Kenya and Uganda are also in line for more than three million doses each. Overall by the end of May, India is likely to be the biggest recipient of Covax doses, but its allocation was not finalized before the publication of the distribution list on Tuesday. The Pacific island nation of Tuvalu is meanwhile set to receive the smallest number of doses at 4,800, followed by Nauru and Monaco with 7,200 each. Ending pandemic's 'acute phase' Covax is co-led by the World Health Organization (WHO), the Gavi vaccine alliance, and the Coalition for Epidemic Preparedness Innovations. The scheme is aiming to distribute enough doses to vaccinate up to 27 percent of the population in the 92 poorest participating economies by the end of the year, with at least 1.3 billion doses intended to go their way. "Covax's mission is to help end the acute phase of the pandemic as soon as possible," said Gavi chief executive Seth Berkley. The first wave of deliveries include some 237 million doses of the AstraZeneca/Oxford vaccine, being manufactured in India and South Korea, and another 1.2 million doses of …

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/ March 3, 2021

ETFs net attracts $130 million so far this year

Exchange-traded funds (ETFs) on Việt Nam's stock market have net attracted a total of US$130 million so far this year. Photo cafef.vn HÀ NỘI — Exchange-traded funds (ETFs) on Việt Nam's stock market have attracted a net total of US$130 million so far this year. Capital inflows into ETFs from the beginning of the year have made an important contribution to help offset the net selling from foreign investors, valued at more than VNĐ2.7 trillion ($117.1 million). Among the ETFs, VFMVN Diamond ETF attracted the largest capital since the beginning of the year with $113.7 million. With a current portfolio size of nearly VNĐ9 trillion, VFMVN Diamond ETF has surpassed VFMVN30 ETF to become the largest domestic fund in the market. Besides VFMVN Diamond ETF, the pair of foreign ETF funds VNM ETF and FTSE Vietnam ETF also attracted a total net value of about $30 million. On the other side, KIM Kindex VN30 ETF saw a strong net recession of nearly $52 million, equivalent to VNĐ1.2 trillion and was the only ETF witnessing net withdrawal in the first two months of the year. In the last trading week of February, ETFs on Việt Nam's stock market saw strong net withdrawal. VFMVN30 ETF was the fund seeing the strongest withdrawal, with VNĐ345 billion. Another ETF that also saw withdrawal was KIM Kindex VN30 ETF, with a value of $4.53 million in the past week. In the opposite direction, VFMVN Diamond ETF net attracted VNĐ112 billion in the past week. Besides, SSIAM VNFinLead ETF also net attracted VNĐ7.6 billion, S&P Select Frontier ETF net attracted nearly $1 million. — VNS …

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/ March 1, 2021

Kien Giang: 12.7 trillion VND for marine aquaculture

Illustrative image (Source: VNA) Kien Giang (VNA) - The Mekong Delta province of Kien Giang aims to mobilise nearly 12.7 trillion VND (551 million USD) to develop marine aquaculture during the 2021-2030 period. Of the amount, the central budget will provide 0.16 percent and the local budget 0.85 percent, with the remainder coming from different economic sectors. The province will invest 11.93 trillion VND in fish cages at sea and mollusc breeding efforts. Investment sourced from State and local budgets, which totals 128 billion VND, will be used in building infrastructure, improving capacity in the sector, and supporting scientific-technological research on marine aquaculture. With investment from different economic sectors, Kien Giang will also upgrade its transport and electricity infrastructure. The province will seek and coordinate with foreign credit sources such as the Netherlands’ Aqua-Spark fund and the Asian Development Bank (ADB). Its 2021-2030 marine aquaculture plan matches the country’s sustainable maritime economic development strategy to 2030 and vision towards 2045. Kien Giang has transformed small-scale, outdated marine aquaculture models into large-scale models, using cutting-edge technologies to move towards sustainability. By 2025, it is expected to have 7,500 farming cages, including 4,700 fish cages using traditional breeding methods and 1,900 using high technologies. By 2030, the figures are to be 14,000, 5,300, and 6,600, respectively. More than 47,680 workers are expected to be employed in the sector. To that end, apart from concerted land and water surface measures and policies and mechanisms in support of the sector, the province has also adopted solutions in human resources, product consumption, and logistics./. VNA …

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