Antibody therapies are offering promising treatment breakthroughs for cancer and other illnesses, generating greater investor interest more than 20 years after they were first commercialised. Antibodies are proteins that recognise foreign substances, known as antigens, attaching themselves to them to alert the rest of the human immune system. In 1975, scientists Georges Koehler and Cesar Milstein discovered how to produce them in a laboratory, which later earned them a Nobel Prize for medicine. Dozens of synthetic antibodies have since been developed. New antibody treatments to be used with chemotherapy have arrived on the scene in recent years. Most recently, a clinical trial of an antibody developed by pharmaceutical groups Daiichi Sankyo and AstraZeneca caught the attention of leading cancer specialists gathered at the American Society of Clinical Oncology's annual congress in Chicago this month. The treatment, Enhertu, was already authorised for breast cancer patients … [Read more...] about New antibody therapies fight cancer, drum up investment
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Master plan expected to create breakthrough development for Mekong Delta
UNDP Resident Representative in Việt Nam Caitlin Wiesen. — VNA/VNS Photo Minh Đức UNDP Resident Representative in Việt Nam Caitlin Wiesen suggests measures to realise the new integrated development plan of Mekong Delta 2021-2030 while talking to Việt Nam News on the launch of the plan on Tuesday. How do you assess the missions and orientations of the master plan of the Mekong Delta region in the 2021-30 period with a vision towards 2050. Remarkably, the plan sets the target that agricultural production will be transformed to adapt to changes in natural conditions in accordance with three ecological sub-regions? I would like to congratulate the Government on this first regional master plan for the Mekong Delta. This is the first multi-sector, inter-disciplinary, and inter-provincial master plan, which is the right direction for planning and sets a good example for other regions to follow. The plan employs nature-based solutions and a people-centred approach for … [Read more...] about Master plan expected to create breakthrough development for Mekong Delta
E-commerce enabler OnPoint raises $50m from Singapore fund
Vietnamese e-commerce enabler OnPoint has closed US$50 million in series B funding from SeaTown Private Capital Master Fund. — VNS Photo OnPoint, an e-commerce enabler in Viet Nam, has successfully raised US$50 million in a series B fund-raising round from SeaTown Private Capital Master Fund managed by SeaTown Holdings International, an indirect wholly-owned subsidiary of Singapore’s Temasek Holdings. This is the largest private investment in the Southeast Asian e-commerce enabler industry in the last five years. It will enable OnPoint to further invest in omni-channel marketing and sales solutions besides tapping into SeaTown’s vast network and experience in the digital economy and consumer sectors across Southeast Asia and globally. Dickson Loo, managing director of SeaTown, said: “In one of the fastest-growing e-commerce markets globally, OnPoint has proven to be the best-in-class e-commerce enabler supporting a large portfolio of local and international brands. “We … [Read more...] about E-commerce enabler OnPoint raises $50m from Singapore fund
E-commerce enabler OnPoint raises 50 million USD from Singapore fund
Vietnamese e-commerce enabler OnPoint has closed 50 million USD in series B funding from SeaTown Private Capital Master Fund.(Photo: VNA) HCM City (VNS/VNA) - OnPoint, an e-commerce enabler in Vietnam has successfully raised 50 million USD in a series B fund-raising round from SeaTown Private Capital Master Fund managed by SeaTown Holdings International, an indirect wholly-owned subsidiary of Singapore’s Temasek Holdings. This is the largest private investment in the Southeast Asian e-commerce enabler industry in the last five years. It will enable OnPoint to further invest in omni-channel marketing and sales solutions besides tapping into SeaTown’s vast network and experience in the digital economy and consumer sectors across Southeast Asia and globally. Dickson Loo, managing director of SeaTown, said: “In one of the fastest-growing e-commerce markets globally, OnPoint has proven to be the best-in-class e-commerce enabler supporting a large portfolio of local and … [Read more...] about E-commerce enabler OnPoint raises 50 million USD from Singapore fund
HCMC Party Committee has new Vice Secretary
Politburo member, Secretary of the Party Central Committee (PCC) and Head of the PCC's Organization Commission Truong Thi Mai (L) hands over the appointment decision to Mr. Nguyen Van Hieu. (Photo: SGGP) The appointment ceremony was chaired by Politburo member, Secretary of the Party Central Committee (PCC) and Head of the PCC's Organization Commission Truong Thi Mai; and Secretary of the HCMC Party Committee Nguyen Van Nen. The event was attended by Deputy Head of the PCC's Organization Commission Nguyen Quang Duong; Chairman of National Assembly's Legal Affairs Committee Hoang Thanh Tung; Vice President and General Secretary of the Vietnam Fatherland Front (VFF) Central Committee Le Tien Chau; Deputy Minister of Public Security Senior Lieutenant General Tran Quoc To; Major General Nguyen Van Gau, Vice Chairman of the Political Commissar of Vietnam People's Army; Deputy Head of the Central Commission of Mass Mobilization, Do Van Phon. Politburo member, Secretary of the … [Read more...] about HCMC Party Committee has new Vice Secretary
☀️ Morning digest on June 22
Hanoi, (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. -President Nguyen Xuan Phuc and a delegation of National Assembly deputies in Ho Chi Minh City met with local voters on June 21 to inform them about the recent third session of the 15th legislature. The President said HCM City should adopt breakthrough policies, especially those driven towards scholars and intellectuals, and solutions to handle limitations in bidding and drug procurement, as well as the shortage of drugs and medical equipment. Read full story -Vietnam always attaches importance to promoting its traditional friendship and cooperation with Mozambique and regards the country as a key partner in Africa, Prime Minister Pham Minh Chinh affirmed at a meeting with President of the Mozambican Assembly Esperanca Laurinda Francisco Nhiuane Bias in Hanoi on June 21. He highlighted the positive development in the bilateral relations over the past time, especially in … [Read more...] about ☀️ Morning digest on June 22
Hà Nội finalises design of $375m Trần Hưng Đạo Bridge
The final design of Trần Hưng Đạo Bridge is a combination of an ancient and modern Hà Nội. — Photo from the organizer HÀ NỘI — Hà Nội’s People’s Committee has chosen the final design for the Trần Hưng Đạo Bridge, which will cross the Hồng (Red) River and connect three urban districts of the capital, after three months of consideration. Nguyễn Ngọc Tuấn, chairman of Hà Nội’s People’s Council, said on Tuesday that the final design was the one that won the first prize in a design contest held by the city’s Transport Construction Investment Project Management Board and the Việt Nam Association of Architects last October. According to the design, the main bridge will be 900m long with six spans. The project will have a total length of about 5.5km, connecting the districts of Hoàn Kiếm and Hai Bà Trưng to Long Biên District on the northern bank of the Red River. The bridge's starting point will be at the Trần Hưng Đạo-Trần Thánh Tông intersection in Hoàn Kiếm District, where … [Read more...] about Hà Nội finalises design of $375m Trần Hưng Đạo Bridge
Role of press highlighted in promoting development
Role of press highlighted in promoting development Nguyen Thu Lan, a consultant from a Hanoi-based US-invested investment consultancy firm, two weeks ago completed a digital transformation report for the firm’s three potential American clients, who are exploring Vietnam’s investment climate. Lan had to seek information from many sources for the report, including local newspapers. She also found detailed information on Vietnam’s macroeconomic situation and digital transformation in VIR, which features a new hallmark scheme from the government on supporting industrial enterprises in smart production development. Lan said, “I am very happy as I had been seeking such information for months. More importantly, such information was cited from an original source,” she said. Under the draft scheme, expected to be enacted by the government soon, just over one-third of Vietnamese businesses will implement digital transformation effectively by 2025, and the rate will increase to 85 per … [Read more...] about Role of press highlighted in promoting development
Danang becoming focal point in Central Vietnam investment
In late March, Japan’s Sumitomo Corporation and local BRG Group worked with Danang’s leaders to discuss projects both groups want to deploy in the city. In 2020, Chairman of Danang People’s Committee Le Trung Chinh handed over MoUs on investment cooperation to Sumitomo Corporation and BRG Group to promote investment in a wide range of urban and infrastructure development projects in Danang. According to BRG chairwoman Nguyen Thi Nga, Danang has the full potential for a leading global player like Sumitomo to weigh over opportunities for investment and business expansion. “The board of directors at Sumitomo is solid with their investment orientation in Danang as they have sent several working groups to the city to shape an iconic regional-level project in Danang,” said Nga. Beyond Japanese groups, international investors from various other countries have expressed the desire to make forays into Danang. In a meeting with the city’s management at the end of April, Park In Sung, … [Read more...] about Danang becoming focal point in Central Vietnam investment
Revenue remains a major concern for many commercial banks during digital transformation
Luu Trung Thai, vice chairman of the Board and CEO of MB stated that a cashless economy is a determinant of a modern and sustainable future The statement was made at a workshop themed Digital Transformation Towards a Cashless Society on June 17 in Hanoi. The framework of Cashless Day 2022 was organised by the Payment Department at the State Bank of Vietnam (SBV) and Tuoi Tre newspaper. The CEO made a presentation on the topic of Digital Transformation in the Baking Sector and MB's best practices. He placed a focus on the practical values that are brought about by digital transformation, including risk-free transactions for customers. Despite being a major challenge, security will receive more attention in the coming time. It will be enhanced to bring exciting and smooth customer experiences. Digital transformation not only optimises operations but also cuts costs and creates new investment opportunities, which lay the foundations for businesses to thrive in the future. … [Read more...] about Revenue remains a major concern for many commercial banks during digital transformation