Vietnam’s healthcare at a glance

In 2018, the country’s healthcare expenditure to GDP was 5.9%, which was higher than some other markets in the region, yet the real value was comparatively low^[1]. Healthcare expenditure per capita is expected to increase 1.7 times from US$150 in 2018 to US$260 in 2025^[2].

Overview

If in the past, when Vietnamese people had demand for checking up their dental health, dental treatment or cosmetics dentistry, it is difficult to find a quality dental clinic, especially in rural regions. Nowadays, the issue above has matter nobody. With amazing growth in the recent ten years, Vietnam gradually makes its name well-known in world dental map.

Vietnam’s healthcare factor is developing but there are still a lot of challenges. 

According to GSO, their GDP per capita was increased to USD 2,587 in 2018, raised 8.3% over 2017. Along with that, Vietnam healthcare expenditure per capita has increased over the years, in 2016 it reached around USD 123, increased 5% comparing to 2015 and 38% compared to 2011. This expenditure also accounted for 5.66% of the GDP. Besides, up to May 2019, the number of people participating in public health insurance has reached a rate of 89% of the population, exceeding 2.2% over the Government’s goal. Those indexes may indicate that the citizens’ awareness of health has increased.

Read More “A rising trend on overseas treatment from Vietnam citizens”

31-05-2016

The demand among Vietnamese medical service market is increasing in the context of a developing economy and an aging society. Read More “Will the expansion of medical service market result in the development of private sector?”