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First 35 volunteers receive injections of home-grown COVID-19 vaccine in second-stage trial

Developed by the Nanogen Pharmaceutical Biotechnology JSC and the Military Medical University, Nanocovax is Vietnam's first COVID-19 vaccine to reach the human trial stage. The 35 volunteers were chosen among about 300 people who registered to participate in the second-stage trial of the vaccine at the University after undergoing rigorous medical examinations.  They are divided into three groups for receiving three different doses of 25mcg, 50mcg and 75mcg, and one group with five people getting placebo. According to a representative from the University, a total 560 volunteers, aged 18-60, including those with several diseases such as hypertension, dyslipidemia and diabetes, among others, will participate in the second-stage trial, which is carried out in Hanoi and the Mekong Delta province of Long An. Lieutenant-General Do Quyet, Director of the Military Medical University, said since the trial sees the participation of volunteers with underlying health conditions, competent … [Read more...] about First 35 volunteers receive injections of home-grown COVID-19 vaccine in second-stage trial

HCM City’s Dept of Health develops emergency plan for COVID-19

The plan is being made because of pandemic developments including new variants and outbreaks globally. The department will continue to use available personnel and facilities at designated hospitals for treatment of COVID-19 patients. These hospitals include Cu Chi COVID-19 Treatment Hospital with 300 beds, Can Gio COVID-19 Treatment Hospital with 600 beds, HCM City Hospital for Tropical Diseases with 40 beds at its Department for Transmissible Diseases D, and the City Children’s Hospital and Children’s Hospital 2. These hospitals will be ready to increase the number of beds to admit COVID-19 patients and others suspected of having COVID-19 if an outbreak occurs. If the hospitals become overloaded, the department will use Pham Ngoc Thach Hospital’s 464 beds to admit COVID-19 patients. The department has instructed hospitals in the city to prepare doctors and nurses to be available for examination and treatment of COVID-19 patients if necessary. These doctors and nurses will … [Read more...] about HCM City’s Dept of Health develops emergency plan for COVID-19

Korean investors join Metro Line 5

Metro Line 5, phase 2, has a total length of about 14.5km, from Bay Hien intersection to the new Can Giuoc bus station In a letter sent to the Management Authority for Urban Railways of Ho Chi Minh City (MAUR) and Ho Chi Minh City People’s Committee, Soun-young Chung, general manager of Kexim Bank's Global Business Cooperation Division said that the bank will soon finance the pre-feasibility study. The project will transform from official development assistance (ODA) to the public-private partnership (PPP) model. The study is implemented on three specific aspects: engineering, financing, and legality. Members of the research team and participating investors have extensive experience in the construction and operation of urban railway lines, including Metro Line 9 of Seoul, Korea, built under the PPP model. On January 19, the MAUR worked with a group of investors and consulting companies from Korea. The group consists of Kexim Bank, Hyundai Engineering Co., Ltd., Lotte … [Read more...] about Korean investors join Metro Line 5

Retired deputy minister becomes bank president

VietBank’s president has unexpectedly resigned and his position has been transferred to a former government official. VietBank's chair of the board of directors Bui Xuan Khu VietBank has announced that Duong Ngoc Hoa resigned from the post of chair of the board of directors on February 23 and the office has been taken by Bui Xuan Khu, who was Deputy Minister of Industry Trade. Khu became a member of the bank’s board of directors in 2011 after he retired. Later, he acted as deputy chair of the board of directors until he was appointed president of the bank. Khu is the next former high-ranking official to become a bank president. Le Thi Bang Tam, former Deputy Minister of Finance, is now president of HDBank and president of Vinamilk. Tam joined Vinamilk in 2013 as an independent member of the board of directors. She has been president of the nation’s leading dairy producer since 2015 and president of HDBank since 2010. She is also a senior advisor to some foreign … [Read more...] about Retired deputy minister becomes bank president

Lam Dong to get first wind plant

GE Renewable Energy to supply 15 wind turbines for Cau Dat Wind Farm (Photo: GE Renewable Energy) HCM City (VNA) - GE Renewable Energy has signed a contract with the Ocean Renewable Energy Joint Stock Company to supply 15 wind turbines to its Cau Dat Wind Farm, the first in the Central Highlands province of Lam Dong. Construction is expected to be finished by the third quarter of 2021. Gilan Sabatier, regional leader for GE Renewable Energy ’s onshore wind business in South Asia and ASEAN, said: "We thank Ocean Renewable Energy Joint Stock Company and their leadership team for selecting GE for this project. The award of the Cau Dat wind farm further validates the great work we have done in Vietnam and reaffirms our contribution to the country’s energy transition.” Do Van Binh, General Director of Ocean, said, “We are delighted to sign this important deal with GE Renewable Energy for our first wind farm project.” GE is the only wind original equipment … [Read more...] about Lam Dong to get first wind plant

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