Over the past two decades, Vietnam has achieved laudable improvements in key quality of life metrics such as life expectancy, infant mortality, and access to affordable medicines. This success is the result of the government’s concerted effort to modernize the health system and expand access to affordable care. As of writing, Vietnam has expanded its Universal Health Coverage (UHC) to 90% of the population, and targets to reach a 95% coverage ratio by 2025, while maintaining a commitment to sustainable healthcare financing. This coverage ratio and ambition leads comparable regional markets.
Vietnam is laying the foundation for a smart healthcare industry that includes disease prevention, medical examination and treatment, as well as health management. Advancements in these areas will create opportunities for international investors to participate in Vietnam’s digital health transformation.
KPMG’s dedicated Healthcare Advisory Team is ready to work ‘Shoulder-to-Shoulder’ with you to explore and act on opportunities in this space.