Sputnik V vaccine production factory to be built in Vietnam in one year

Sputnik V vaccine (Photo: AFP/VNA)

Moscow (VNA) – A factory producing Russia’s vaccine
against will be built in Vietnam within one year and is expected to
produce 30-40 million doses annually, Chairman of Russian pharmaceutical
company Binnopharm told Vietnam News Agency correspondents in
Russia.

Earlier this month, and the Russian Direct
Investment Fund signed a memorandum of understanding with Vietnam’s T&T Group
on the transfer of production technology and the formation of a facility with full cycle production capacity of Sputnik V COVID-19 vaccine in
Vietnam.

Chairman of Russian pharmaceutical company Binnopharm Dmitry Zubov (Photo: VNA)

According to Zubov, the time of one year for construction is
feasible, as Binnopharm has just built another factory in Belarus in eight
months.

He said this will be a multi-purpose and closed-cycle
factory using advanced German equipment. It can produce other vaccines as well.

He considers this an important basis for Russia to
strengthen cooperation with Vietnam on pharmaceuticals, thereby entering the
Southeast Asian market./.