Hanoi has struck a deal with Moscow to expand their production of the Russian-made Covid-19 vaccines Sputnik V.
Vietnam has been producing the Sputnik vaccines already, but a new deal will allow more Sputnik V vaccines to be manufactured, Russian sovereign wealth fund RDIF, which markets the vaccine internationally, said on Wednesday.
The deal between Russia and Vietnam’s state-owned Vabiotech and Vietnamese investment company Sovico Group, was signed during Vietnamese President Nguyen Xuan Phuc’s visit to Russia this week.
It paves the way for expansion of Sputnik V production in Vietnam.
The agreement will also allow Vabiotech, which had already been producing Sputnik V, to begin manufacturing the one-shot Sputnik Light vaccine in Vietnam, RDIF said. — Reuters
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