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Many elderly people join 2nd stage of Nano Covax vaccine trials A total of 367 volunteers, including 30 aged over 60, have been injected with Nano Covax, Vietnam’s first homegrown COVID-19 vaccine candidate, in the second phase of its human trials, according to the Military Medical University. The second stage has been conducted by the university and the Ho Chi Minh City-based Pasteur Institute since February 26. It has been carried out at the university in Hanoi and the medical centre of Ben Luc district in the southern province of Long An, with the participation of 560 volunteers aged from 12-75, including 80 aged over 60. They will receive two doses of either the vaccine or the placebo AIPO4, with an interval of 28 days. Each volunteer will be monitored for 12 months after the first dose. Volunteers receiving shots on the morning of February 26 will receive the second doses in late March. Lieutenant-General Do Quyet, Director of the Military Medical University, said since the trial sees the participation of volunteers with underlying health conditions, competent authorities have been prepared for all scenarios and ensure safety for all volunteers. Results of the trial will be announced in May 2021 before preparing for the third-stage trial during which only one single shot of the vaccine will be administered to 10,000-15,000 people from both domestic and foreign pandemic-hit regions, Quyet added. Developed by the Nanogen Pharmaceutical Biotechnology JSC and the Hanoi-based Military Medical University, Nano Covax is Vietnam’s first COVID-19 vaccine to reach the human trial stage. The first-stage trial of the Nano Covax vaccine showed that it is likely to be effective against the B117 variant from the UK. Vietnam is one of 40 countries and territories in the world to have begun human trials of a COVID-19 vaccine, after successfully producing coronavirus test kits early in the pandemic./. National university processes complaint of lecturers in …

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The fourth industrial revolution, digital transformation and the digital economy are mentioned many times in documents of the 13th Party Congress. VietNamNet would like to introduce the speech delivered by Minister of Information and Communications Nguyen Manh Hung at the congress. Minister of Information and Communications Nguyen Manh Hung. Photo: Pham Hai The desire to develop a prosperous and happy country and the desire for a mighty Vietnam have been aroused. The flag has been raised to gather all of Vietnamese people. The way to the target has been shown, which is science and technology, innovation, the 4th industrial revolution, digital transformation, and digital economy. The decisive factor for success is Party building and reorganization tasks so that people always believe in the Party's leadership. Digital technology, digital transformation, digital economy, and digital age are a process occurring over decades. It is a global trend, an irreversible process. The physical world is being digitized. Real life is being brought into cyberspace. The process of creation, production and business is taking place more and more in cyberspace. With the emergence of the 4.0 industrial revolution, with the push of the world Covid-19 pandemic, the world is at the breakthrough point in the digital transformation process. This is an opportunity for Vietnam to realize its aspirations for building a mighty and prosperous country. Digital economy includes economic activities that use digital information and digital knowledge as the main production factor. It uses the Internet and information networks as space for operation; and uses ICT, i.e. electronics, telecommunications and information technology, to increase labor productivity and to optimize the economy. Simply, the economy is related to digital technology. In a narrow sense, the digital economy is only related to the ICT sector. In a broad sense, these are areas that are close to digital …

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The Hanoitimes - The central bank is willing to support liquidity for credit institutions, if needed, as they start providing financial support for the economy. Representatives of banks in Vietnam said they are committed to supporting enterprises and customers hurt by the new coronavirus (nCoV) outbreak, by lowering interest rates and restructuring debt maturities, among other measures, the governmental portal reported. Overview of the meeting. Source: VGP. The move was in response to a proposal by the State Bank of Vietnam (SBV), the country’s central bank, in a meeting on February 6 discussing measures to support the economy hit by the epidemic. Vice Governor of the SBV Dao Minh Tu said the bank is willing to support liquidity for commercial banks if needed, while lenders should be proactive in offering respective supporting programs to enterprises and individuals, particularly those operating in the fields of tourism, agriculture and trade. Pham Toan Vuong, vice general director of Agribank, said Agribank is evaluating the extent of damage on its customers, both direct and indirect. The lender has hundreds of millions of US dollars available to provide loans with preferential interest rates for enterprises. Vietcombank’s CEO Pham Quang Dung said it is estimated that over 50% of Vietnamese goods and products are affected by the outbreak, including 15% with major impacts if the epidemic persists in long period. However, as current regulations only provide guidance for debt restructuring in the agricultural sector, banks need more specific instructions from the SBV to deal with enterprises in other sectors. Regarding this issue, SBV’s Vice Governor Tu said the SBV would address this issue within two weeks. Right time to promote cashless payment SBV Vice Governor Tu urged the people should refrain from using cash to prevent the spread of the outbreak and shift to online banking services. Vice General Director of SHB Ninh …

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