HANOI, VIETNAM – Media OutReach – 22 July 2021 – On July 12, the Authorities of Vietnam issued Decision No. 73/NQ-CP permitting T&T Group to buy Sputnik V vaccines from the Russian Federation with out utilizing funds from the State price range or Vietnam’s COVID-19 Vaccine Fund.
The Authorities’s decision acknowledged that, on the request of the vaccine producer, the Authorities agreed to a proposal from the Ministry of Well being to signal an settlement that relinquishes legal responsibility for using the Sputnik V vaccine. The settlement is just like the settlement signed by the Ministry of Well being when Vietnam Vaccine Joint Inventory Firm (VNVC) bought a provide of the BNT162 vaccine from Pfizer and AZD1222 vaccine produced by AstraZeneca.
Vietnamese authorities might be liable for licensing import, inspection, and high quality management of vaccines, set up free injection of all 40 million doses of vaccines talked about above below rules.
Implementing the Authorities’s decision, the Ministry of Well being despatched an official dispatch to the Russian Direct Funding Fund (RDIF) to introduce them to the T&T Group to negotiate to purchase 40 million doses of the Sputnik V vaccine.
Within the doc, the Ministry of Well being proposed RDIF give beneficial circumstances to T&T Group to buy the Sputnik V vaccine in July 2021 to fulfill the pressing have to stem the unfold of COVID-19 in Vietnam.
Mr Do Quang Hien, Chairman and Normal Director of T&T Group, shared: “Being socially accountable and with the will to convey a safer and higher life to the Vietnamese folks, we have been very honoured and proud when the Authorities agreed to permit us to negotiate to purchase 40 million doses of Sputnik V vaccine from the Russian Federation.”
“With 28 years of expertise, a robust popularity, and nice monetary potential, together with many member models which have been working within the discipline of well being and prescription drugs for a few years, T&T Group will make each effort to implement this nice mission efficiently.”
“On the identical time, we glance ahead to a long-term, strategic relationship with the world’s main pharmaceutical companies not solely in importing vaccines but additionally in receiving and transferring vaccine manufacturing know-how to Vietnam. “
Established in 1993, T&T Group is among the main personal multi-sector financial teams in Vietnam. It has over 80,000 workers working in Vietnam and consultant workplaces in lots of nations such because the US, Russia, Germany, and Australia.
At present, T&T Group operates in a number of key sectors: Finance and funding, actual property, trade and commerce, logistics, site visitors infrastructure, seaports, power, atmosphere and minerals, agriculture, forestry and fishery, well being, schooling, and sports activities.
With excellent enterprise achievements and contributions to the group, T&T Group has been honoured twice to be awarded the First-class Labor Medal and plenty of different noble awards.
Mr Do Quang Hien was additionally honoured to obtain the First Class Labor Medal in 2019 awarded by the President of the Socialist Republic of Vietnam and the Asian Entrepreneur Award in 2017 awarded by Enterprise Asia – Asia’s main NGO.
Because the outbreak of the COVID-19 pandemic in early 2020, T&T Group and its member models have donated over $21.7 million for COVID-19 prevention and management actions in Vietnam.
For cooperation, please contact:
Ms. Nguyen Van Huong
Worldwide Commerce and Funding Promotion Division
Electronic mail: [email protected]