New decision for domestic vaccine production
The Prime Minister issued a decision allowing the application of several preferential policies for domestic vaccine production projects with the aim of helping Vietnam meet the domestic demand and latter export surplus products.
As part of the decision, domestic vaccine producers will be offered loans from the Vietnam Development Bank to upgrade their production chains in order to produce multivalent vaccines domestically and reduce imports. Producers can also benefit from State-supported preferential interest rates.
Additionally, vaccine producing projects will benefit from support policies and mechanisms, such as the antibiotic production projects that followed on from the Prime Minister’s Official Note No.918/TTg-KGVX issued on June 8, 2011.
They will also be entitled to hire 10-15 hectares of land in the Hoa Lac High-Tech Park to build production facilities, with businesses facing land difficulties given priority to.
