Viet Nam will receive one million doses of AstraZeneca COVID-19 vaccines each week starting in July, the licensed importer for the vaccine in the country has announced.

A nurse prepares a AstraZeneca COVID-19 vaccine shot in the northern province of Tuyen Giang. — VNA/VNS Photo Nam Suong

Viet Nam Vaccine JSC (VNVC), a private firm that remains the only one to be authorized by the health ministry with regards to import of COVID-19 vaccine, said this is the fulfillment of the order of 30 million doses supplied within 2021.

VNVC paid US$30 million deposit to AstraZeneca (along with proof of import and storage capacity and commitment for use) when the vaccine was still in phase 2 of clinical last year in order to get early access at a "special price" if it succeeded.

But they ran the risk that had AstraZeneca vaccine failed VNVC would not get the deposit back and would likely need to continue committing further money for next steps of development.

Taking this into account, the Viet Namese Government on June 1, 2021, awarded the commendation to the company for "outstanding achievement in fighting against the COVID-19 pandemic."

The company from the onset said it was committed to sell back the entire 30 million doses on order to the Viet Namese health ministry on a non-profit basis.

The Government on June 19 issued a resolution officially greenlighting the purchase of the vaccines imported by VNVC (under the model of selecting contractor/provider in special context in line with Law on Bidding), including the doses already in Viet Nam since February.

It accepted the vaccine price set under the not-for-profit principle as reported by the health ministry about the result of the purchase negotiation with the VNVC.

In this agreement, in case AstraZeneca decide to cut the prices of the doses, VNVC would need to slash the price in accordance when selling to the health ministry, but should AstraZeneca decide to increase the price, VNVC would have to accept the prices as stated in the agreement with the health ministry.

However, the Government agrees to wait the responsibility of VNVC if it failed to deliver on schedule as well as the responsibility of both AstraZeneca and VNVC regarding any complaints emerging from the use of the vaccine.

So far, the delivery of the vaccine under this deal has been limited. About 405,600 doses arrived in Viet Nam in two shipments in late February and late May, with the first batch of 117,600 doses also the first COVID-19 doses to reach Viet Nam, allow the country to start inoculation of frontline workers and medical staff.

It is expected that another million doses of AstraZeneca vaccines will be delivered to Viet Nam via COVAX initiative in late June, early July, adding on top of some 2.5 million doses already arrived in the country in April.

With the severe fourth wave of infections underway since late April, Viet Nam is looking at all sources of possible vaccine supplies to secure 170 million doses to inoculate 70 per cent of its near 97 million population by year-end.

According to the health ministry, as of 4pm June 20, 2021, 2,422,643 doses of vaccines have been administered in Viet Nam, while 12,683 have been fully vaccinated with two doses.

Source: VNS