Conference on Medical Investment Promotion to be held soon

December 21, 2020 | 15:36

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Vietnam’s Ministry of Health (MoH) is expected to organise a conference on medical investment shortly to attract more resources for future development amid the growing demand.

conference on medical investment promotion to be held soon

Private-run Hanh Phuc International Hospital

The conference is among the activities to deploy Resolution No.20-NQ/TW dated October 25, 2017 on enhancing healthcare for people in the new development period, as well as the government’s policies on strengthening the attraction of private investment in the medical sector.

The event will be a chance to boost ties between the MoH and potential domestic and international investors, thus enabling the development of more infrastructure and attracting more resources into medical development.

IT is expected that the list of prioritised investment areas in 2021-2025, investment attraction orientations by 2030, and the list of prioritised projects will be announced at the conference. Prioritised investment projects will include medical facilities, preventive healthcare, and training in line with the country’s socioeconomic development plan in 2021-2025.

The master planning of the country, sectors, and regions will also be announced to create a motivation for investment in the medical sector.

Vietnam’s medical sector has been taking actions and introducing policies to attract private investment to serve healthcare development, with public-private-partnership (PPP) projects being among the promoted investment models.

Over the past years, private investment has contributed greatly to the development of medical infrastructure, technology transfer, and training of health professionals, thus helping to meet the growing demand for healthcare.

According to experts, the medical sector is forecast to continue to attract more private investors in the upcoming time thanks to the growing population, economic growth, lifestyle changes, new healthcare models, and rising medical insurance demand.