POST Online Media Lite Edition



 

Vietnam to localize production of Sputnik V vaccine

Christian Fernsby |
Russia and Vietnam have reached an agreement on localization of the production of the Sputnik V jab on the republic’s territory, President of Russia’s Chamber of Commerce and Industry Sergey Katyrin told TASS on Tuesday, adding that the technical implementation of the project would start in the first quarter of 2022.

Article continues below




"One of Vietnam’s largest industrial holdings T and T Group, Russia’s Binnopharm Group (a subsidiary of Sistema) and the operator of the first Vietnamese Russian industrial park Deep C Russia have reached an agreement on localization in Vietnam of the production of the Russian vaccine against the coronavirus Sputnik V.

The transfer of the technology will be organized by the Russian Direct Investment Fund, the project has been coordinated since the beginning of its discussion by the Russian-Vietnamese business council set up under the guidance and with the participation of the Chamber of Commerce and Industry of the Russian Federation," he said.

The signing of the agreement by the participants of the consortium is planned in early December, Katyrin added.


What to read next

Railway corridor connecting Vietnam to Europe starts operation
India to become one of the biggest production hubs for Sputnik vaccine outside of Russia
Production of Sputnik V launched in Argentina, Turkey, Egypt

U.S.: Locally heavy rain and possible flooding

 
Daily shower and thunderstorm activity is expected to persist across the Southwest and into portions of the Great Basin and Rockies.
 
 

Latest

California launches nation’s largest college savings program for students and newborns
EU countries send help to France to fight against wildfires
Mask mandate returns in New Delhi as COVID cases rise
New Ford Maverick Tremor Off-Road Package revealed

NEWS

Iran seizes vessel with smuggled fuel worth $6.8 million in Persian Gulf

Cuba brings oil depot fire under control
Aer Lingus flight with engine fire makes emergency landing at Bradley Airport, Connecticut
Qantas flight diverted after reportedly being struck by lightning
U.S.: Flood threat for several locations
Thousands evacuated from France’s Gironde as forest fires rage
 

BUSINESS

First 39 train cars of gas coal arrive in Ukraine as humanitarian aid from Australia

Residential construction cancellations still numerous in Germany
Sweden overtakes France to become Europe’s biggest net power exporter
EU businesses on corruption: Greece, Cyprus, Italy and Croatia worst
EIB and UniCredit Bank Austria enable companies to invest in renewable energy and energy efficiency
Gazprom transit request via Ukraine 41.6 mcm
 

Trending Now

U.S.: Locally heavy rain and possible flooding

California launches nation’s largest college savings program for students and newborns

New Ford Maverick Tremor Off-Road Package revealed

EU countries send help to France to fight against wildfires


POLITICS

Scotland improving cancer waiting times

Uzbekistan, Kyrgyzstan, Afghanistan mulling creation of new transport corridor from China
German finance ministry proposes tax relief of 10 bln euros amid high inflation
Nigeria: Buhari approves $1.3 billion Exxonmobil's oil assets acquisition by Seplat
China and Australia not ready to solve disputes
Commission approves Italian scheme under RRF to support biomethane production
 

Today We Recommend

EU businesses on corruption: Greece, Cyprus, Italy and Croatia worst


Highlights 

Inflation in Portugal rises to 30 year high

U.S. inflation eased in July after gasoline and used cars prices fell

Micron to invest $40 billion by 2030 to build U.S. memory plants


COMPANIES

Siemens to start electro-mechanical works in 40 km of Egypt's high-speed electric train soon

Ørsted commits to become first company to have all of its suppliers using 100% renewable electricity by 2025
Airbus Helicopters delivers the world’s first ACH160 to Brazilian customer
Santos buys underground gas pipeline to ease supply crunch
EDF sues French government over electricity sales
DB Schenker launches its first charter flights between Europe and South America
 

CAREERS

Daseke appoints Bruce Blaise to board

Island Pacific appoints Herman Chiu as CFO
Horizon Bancorp appoints Thomas M. Prame as president
Encora appoints Deepak Bhandari as EVP, head of corporate development
Firmenich: Maurizio Clementi interim president of taste and beyond division
Joyce Farms appoints two new leaders
 

ECONOMY

Cyprus imports of goods €1.152,8 mn

Singapore GDP growth narrowed 3.0 to 4.0 percent
Inflation in Portugal rises to 30 year high
U.S. inflation eased in July after gasoline and used cars prices fell
High level of inflation in Estonia will remain
Hungary's inflation hits 13.7 pct in July
 

EARNINGS

METRO Q3 sales increased by 27.2%

Hapag-Lloyd H1 EBITDA $10.9 billion
ThyssenKrupp Q3 sales improved by 26 percent
Honda Q1 net income declines
Ralph Lauren Q1 2023 EPS $1.73
Capri Holdings Q1 profit
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Second vessel enters Chornomorsk Port to transport Ukrainian crops

Morocco: Cereal campaign 2021/2022, production down 67%
Canada expands market for fresh British Columbia cherries to South Korea
Commission approved Finnish program of European Maritime, Fisheries and Aquaculture Fund 2021–2027
Situation with avian influenza improves in France
Number of Italian farms declines by a third in decade
 

LEADERSHIP

If company overcomes post-IPO innovation slump, it will survive longer

62% of consumers will stop buying from brands that compromise products to cut costs
Companies must invest to avoid supply chain scandal or pay the price in lost consumers
How awards, recognition decrease inventors' creativity
Keeping employees is harder than ever. And we don't have good news
How much is 'great resignation' costing companies?
 

CRIME

Healthcare workers in Italy put at risk due to aggravated fraud relating to protective face masks and suits

South Africa's Special Tribunal orders freeze of Transnet executives' assets
New York City announces settlement with Chipotle Mexican Grill securing $20m for 13,000 workers
PwC fined $2 million over BT audit after fraud discovered in Italy
Guardia di Financa finds unregistered foreign company operating in e-commerce
Iowa AG sues tobacco companies over $133 million in withheld payments
 

Magazine

TRAVEL

The SureStay Hotel by Best Western Rockford East opens in Rockford, Illinois

Avani Chaweng Samui Hotel & Beach Club opens in Thailand
Buffalo Bill is coming to Manitowoc with his Wild West show
Pullman Doha West Bay Hotel opens in Qatar
DoubleTree by Hilton hotel opens in Malaysia
Great Dorset Chilli Festival, the hottest festival in UK
 

SEA, LAND, AIR

Porsche unveils newest generation of 911 GT3 R

2023 Subaru Crosstrek sells like hotcakes
New Mercedes‑Benz GLC, at home on any terrain
GMC unleashes new 2023 Sierra 1500 AT4X AEV Edition
First BMW M3 Touring presented
Southern Wind Power of 2, just for you and ocean ahead
 

DESIGN

Nobody's Child, everybody's favorite

Freddy WR.UP, pants that hug you in all the right places
Stylishly luxurious house design
Great design ideas that might not work for you
Garden mirrors, explore new views of your garden
Unusual and highly functional lamps
 

GADGETS

Shure MV7 professional dynamic microphone now available in new limited-edition color

Forget streaming services, use McIntosh MR89 to enjoy AM/FM music
Infinix NOTE 12 PRO, first smartphone powered by MediaTek Helio G99
MW75 active noise-cancelling headphones, variety of new features
Parasound JC 1+ mono power amplifier by John Curl, pure delight
Cambridge Audio SX80, stylish loudspeakers for any room
 

HEALTH

UK launches vaccine booster campaign as polio spreads

New zoonotic virus Langya infects 35 people in China
Germany records first case of monkeypox in child
Denmark to offer monkeypox vaccine to gay men
Guatemala confirms first case of monkeypox
First monkeypox case identified in Moldova
 

MEANTIME

Subsurface water on Mars defy expectations

First detection of gas in circumplanetary disk
Drought increases toxic microbe-laden dust landing in Sierras
Ancient source of oxygen for life hidden deep in Earth's crust
Length of Earth's days has been increasing, scientists don't know why
South Korea launches first lunar orbiter