Viet Nam wishes for strategic cooperation with AstraZeneca: Prime Minister Pham Minh Chinh

Viet Nam wants to set up strategic cooperation with AstraZeneca, said Prime Minister Pham Minh Chinh at a working session with leaders of the British-Swedish multinational pharmaceutical and biotechnology company in the UK on November 2 (local time).
Viet Nam wishes for strategic cooperation with AstraZeneca: Prime Minister Pham Minh Chinh
Prime Minister Pham Minh Chinh at the signing ceremony with AstraZeneca in the UK. (Photo: VNA)

The Vietnamese leader thanked AstraZeneca for its timely supply of vaccines to Viet Nam over the past time, thereby making an important contribution to the country’s COVID-19 control. He said he wishes to see AstraZeneca expand its long-term investment and pledged to create favourable conditions for the group to do this.

The Prime Minister suggested AstraZeneca soon hand over the remaining vaccines committed to Viet Nam on schedule.

AstraZeneca CEO Pascal Soriot affirmed that his company will work to deliver all vaccines signed with Viet Nam in the near future. He expressed his hope for vaccine production in Viet Nam while vowing to allocate resources to support the country in digital and smart health solutions to help reduce CO2 emissions, thus contributing to environmental protection.

PM Chinh highlighted the advantages for AstraZeneca when operating in Viet Nam such as a potential domestic market that enjoys incentives by 60 countries around the world with which Viet Nam has signed free trade agreements. Viet Nam also boasts the most open economy in Southeast Asia, he added.

AstraZeneca and Vietnamese partners have reached landmark agreements to help develop the biopharmaceutical industry in the country and support its pandemic prevention and control efforts.

The company will invest 90 million USD to support Viet Nam to improve its pharmaceutical production capacity. In the 2022-2030 period, it plans to make three important pharmaceutical products in Viet Nam.

In addition, AstraZeneca and the Viet Nam Vaccine Joint Stock Company (VNVC) also signed an agreement on the supply of an additional quantity of AstraZeneca's COVID-19 vaccine.

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(Source: VNA)