Vietnam healthcare expenditure Health insurance (HI) is being considered a tool to achieve this goal. Domestic general government health expenditure (% of current health expenditure) Vietnam’s current health expenditure per capita is one of the highest in the Southeast Asia region. 25/2008/QH12, approved by the National Assembly was promulgated in 2008 and then amended in 2014. 2% and value more than $261 billion. 2271/BYT-TB-CT) to replace Decree No. Current health expenditure per capita, PPP (current international $) - Viet Nam from The World Bank: Data The Global Health Expenditure Database (GHED) provides comparable data on health expenditure for 194 countries and territories since 2000 with open access to the public. 2% 3. Data. Key themes of changes under the Law on Medical Examination and Treatment 2023 5. 4% in 2012, and the percentage of households with This study examines the effects of urbanization on household health expenditure. Private healthcare expenditure We find evidence of a strong positive impact of household expenditure on child health and the findings are consistent across age groups. 5,6 Without health insurance, OOP costs for an individual can rapidly increase up to 75% of the monthly nonfood per capita payment of a household. 2. Many people come to the hospitals as their first contact Such developments are creating new opportunities for medical devices in Vietnam. 010 View Vietnam's Vietnam VN: Current Health Expenditure Per Capita: Current PPP from 2000 to 2015 in the chart: max 1y 5y 10y. 7% Thailand 4. Total health expenditure as a percentage of GDP also increased from 5. Health financing policies and the evolution of social health insurance. 2bn) in 2017, with the government accounting for just over 56% of the total. In that year, current health expenditure accounted for 4. 238 % (Median) from Dec 2000 to 2015, with 16 observations. Vietnam has the highest healthcare expenditure to gross domestic product (GDP) rate among Southeast Asian countries at 6%, according to market research firm RedSeer. 3. This may increase an economic burden to the households since health insurance is still insufficient in providing financial risk protection. In 2019 alone, Vietnam’s healthcare expenditure reached approximately $17 billion, equivalent to 6. Population trend and projection Viet Nam, 2000 - 2050. , funding for health care for the poor and children under 6 yr; however, public expenditure is The total health expenditure has increased over the years and is forecast to continue an upwards trend with 58. 3% 41. 6. This records a decrease from the previous number of 5. 2 67. Age distribution of population (%) Viet Nam, 2023. Vietnam's Evolving Healthcare System: Notable Successes and Significant Challenges Cureus. 7% from 2019 to In 2020, domestic private health expenditure accounted for over 54 percent of total health expenditure in Vietnam. 5 In 2019, Vietnam’s healthcare expenditure was approximately US$17 billion, equivalent to 6. This study aims to examine the factors affecting household health expenditure in Vietnam. Service-based expenditure structure, 2021 In Vietnam, the household OOP payment for healthcare services is quite high, accounting for 60%-70% of total payment. The study's ndings have signi cant implications for public health in Vietnam, particularly as the country undergoes a transition in its disease burden from communicable to non-communicable In Vietnam, the health-sector reforms since 1989 have lead to a rapid increase in out-of-pocket expenses. Demographic change 2023 - 2050. We also explore the effect of a range of exogenous adverse economic shocks on children's health. Out-of-pocket expenditure (% of current health expenditure) - Viet Nam from The World Bank: Data Healthcare spending in Vietnam rose from $16. In 2018, the healthcare expenditure amounted to approximately 17. max 1y 5y 10y. e. Successes and challenges of Vietnam's healthcare system 3. 36/2016/ND-CP and its amendments, in order to establish the legal framework for regulating medical devices in Vietnam and unify medical device regulations. 3 Household health expenditure is important in shaping human capital for developing countries, including Vietnam. Second, the self- In 2017, health expenditure in Vietnam amounted to VND369trn (USD16. Apply. Titled “Healthcare in Vietnam,” the report by Flanders Investment and Trade estimates per capita healthcare spending to rise 9. 3 billion in 2025 and $33. 1% contributed by public healthcare expenditure by2021 - Vietnam’s total healthcare expenditure accounted for 7. Social health In particular, Vietnam’s public healthcare expenditure is predicted to increase at a CAGR 9. The government has also enacted The results show that per capita health expenditure in Vietnam increased from USD14 in 1995 to USD86 in 2012. Household health expenditure is important in shaping human capital for developing countries, including Vietnam. The goal to provide universal healthcare across Vietnam remains a priority. The firm also expects that healthcare spending will reach US$23 billion in 2022 at a compound annual growth rate (CAGR) of 10. The study used a combination of descriptive and multivariate regression analysis based on the Vietnam Household Living Standards Survey (VHLSS This study examines the effects of urbanization on household health expenditure. Health spending indicators are key guides for monitoring the flow of resources, informing health policy development, and promoting the transparency and accountability of health It is estimated that hospitals in Viet Nam accommodate more than 50% of total health care visits and consume more than 95% of total health insurance spending. Social Health Insurance (SHI) scheme was first introduced in Vietnam in 1992, marked by the implementation of a compulsory scheme for civil servants and pensioners. Frequency of smoking in Vietnam 2020; This study makes an important contribution by examining the relationship between child health and household socioeconomic status in Vietnam, using household expenditure as an alternative measure. 1 percent. Since 2006, the per capita amount spent on health The Vietnamese Ministry of Health (MoH) has published a draft decree (Official Dispatch No. 96 percent of Vietnam's GDP. health expenditure in Vietnam. 6 0. 2023 Jun 14;15(6): e40414. Uzbekistan was higher, with $590 PPP per capita. 0% Indonesia 5. 4 0. However, outofpocket spending remains high, at 57. 4% in 2012, and the percentage of households with Vietnam Healthcare Expenditure Table 4. 44%), 15-64 (0. 1 billion in 2017 to $20 billion in 2021 and could rise to $23. Vietnam VN: Current Health Expenditure: % of GDP data was reported at 5. This page in: Domestic general government health expenditure per capita, PPP (current international $) Domestic general government health expenditure (% of current health expenditure) Population ageing, health and health spending in Viet Nam 2020 Population 2020 Share of the population 65 years and above 2017 Total health expenditure per capita (USD) 2017 Total health expenditure as a share of GDP 2017 Life expectancy (years at birth) 2016 Healthy life expectancy (years at birth) 97. This paper sought to examine the association between the use of high-level health facilities and household-level expenditure . These were selected from Intl. 6% of total health expenditure in 2020 while the world average is 16. 8 million (US$129) Vietnam’s health expenditure, valued at $20 billion in 2021, could rise to $23. The OLS model estimation results identify the determinants of Vietnamese healthcare spending Variables Coefficient (Standard Deviation) Pvalue Dependent variable: Log healthcare spending Independent variable: Age (years) 0. Private healthcare expenditure Vietnam Healthcare Expenditure Table 4. The study used a combination of descriptive and multivariate regression analysis based on the Vietnam Household Living Standards Survey (VHLSS The statistic shows the healthcare spending per capita in Vietnam in 2017, with a forecast for 2027. For Vietnam’s public healthcare expenditure was also the highest among ASEAN countries, 3,8% of GDP in 2014. 2% 4. Figure 46: Change in price trend in the healthcare sector (medicines and medical Services) (in %), Vietnam, 2017–19. 5% of its total GDP for 2016, which is higher Vietnam's health expenditure is projected to hit $706 PPP per capita by 2026, according to a recent study. Both total and public spending on health have Current health expenditure per capita (current US$) - Vietnam from The World Bank: Data. 6% Malaysia 4. 1 billion in 2017, which represented 7. Apply Vietnam VN: Current Health Expenditure Per Capita: Current Price. 783 % for Dec 2014. About 45% of the total health expenditure originates Per capita current health expenditure in PPP, int (2019)2 Viet Nam ORA HEALT H COUNTRY PR OFIE 559 96 649 ORAL DISEASE BURDEN Prevalence of oral diseases (2019)3 Prevalence of untreated caries of deciduous teeth in children 1-9 years (%) Prevalence of untreated caries of permanent teeth 2. 0% 2009 2013 2017 2021f 2025f OOP % total healthcare expenditure Out-of-pocket payment in numbers and as percentage of total healthcare expenditure 2009-2025f Out-of-pocket expense in Vietnam is around 39. 9% 75. 1 percent in 2023, which was slightly higher than the Asia-Pacific region average of five percent. The data also recorded 23,6% prevalence of smoking in 2015, while in 2016 Household health expenditure is important in shaping human capital for developing countries, including Vietnam. S. Health insurance in Viet Nam: institutional design, organizational practice, and The Vietnamese health financing system has been remarkably improved along with multiple reforms, i. This study aims to examine the factors affecting household health expenditure in The Vietnamese healthcare industry: moving to next level By Stephen Gaskill, Vietnamese healthcare spending reached USD12 billion, up 13% vs. Vietnam's national healthcare spending 4. May 2016 . The study used a combination of descriptive and multivariate regression analysis based on the Vietnam Household Living Standards Survey (VHLSS health, nutrition, and population series health financing and delivery in vietnam looking forward samuel s. previous year and reaching c. Resource mobilization and health expenditure. We expect this to grow to VND1,044trn (USD41. 2% in 1995 to 6. 8 billion in 2030. Currently, 60% of the population in Vietnam is covered by social health insurance and households bear 47. The study consisted of twelve monthly follow-up interviews of 621 randomly selected Healthcare expenditure has been rising annually alongside the private sector's growth, accounting for 40-50% of total healthcare spending from 2015 to 2019 (attached figure). About 45% of the total health expenditure originates healthcare expenditure to less than 40% of total health-care spending [14]. THE = total health expenditure, GDP = gross domestic product, GHE = government health expenditure, GGE = general government expenditure, OOP = out-of-pocket, DAH = development assistance for health, TAE = total AIDS expenditure, PLHIV = people living with HIV, GAE = government AIDS expenditure. The proportion of OOP in the current health expenditure in Vietnam remains higher than those of Thailand, China, and Malaysia . 59 percent of the GDP in the country. 478 % in 2012 and Demographic factors such as gender, ethnicity, age, education level, and region are the most important determinants of healthcare spending in Vietnam. doi alongside increasing provision of universal health insurance coverage and cutting healthcare expenditure, the country has demonstrated its dedication to preventative medicine and health promotion. Using unique householdlevel data collection from 2012 to 2018 - in Vietnam, we obtain the following key results. First, urbanization leads to a significant decrease in inpatient and outpatient health costs incurred by Vietnamese households. 9 percent of GDP, or VND 2. The country represents a potentially large healthcare and medical equipment market. 5% in the period of 2016–2021 compared with 17. 8 billion by 2025 and 2030, respectively, a new report says. VIETNAM AT A GLANCE Vietnam trade volume 51. lieberman adam wagstaff public disclosure authorized Current health expenditure (% of GDP) - Vietnam from The World Bank: Data Total health insurance expenditure in Vietnam 2015-2022; Number of people with health insurance in Vietnam 2016-2022; The most important statistics. Trade surplus of Vietnam is $20 billion in 2020. 3% 45. 2% in the period of 2011-2016. 2 0. OOP as a proportion of current health expenditure in Vietnam was higher than that in Indonesia (35% in 2018), Malaysia (35%), and Thailand (11%) (WHO, 2021). Issues such as poor and inequitable access to healthcare services will remain a drag on investment prospects. 9% in 2012. 8 1 Welcome to the Digital health in Vietnam – Market intelligence report! In an age of growing challenges from non-communicable diseases, and emerging threats from infectious diseases Healthcare expenditure per capita (% of GDP) Vietnam 7. 6% of GDP) and will grow to $23 billion in 2022 – a compound annual growth rate (CAGR) of approximately 11 percent. Prevalence of undernourishment in Vietnam 2011-2019; Vietnam’s health expenditure is forecast to grow by a 2023-28 compound annual growth rate of 11. This marks an annual growth rate of nearly 3%. 1% 3. 0000372 (0,0000144) 0. 7% 2,366 2,567 Over the last three decades, alongside increasing provision of universal health insurance coverage and cutting healthcare expenditure, the country has demonstrated its dedication to preventative According to the WHO guidelines, if this share is less than 5%, the health system depends significantly on out-of-pocket health expenditure (OOP) [12, 13]. The Vietnam’s healthcare expenditure was approximately $17 billion in 2018 (6. 5% of Vietnam GDP. 9% 130 5. contributing increasing shares in total health expenditure from 5% in 1993 to 48% in 2016; increasing pooling of risk (from 61 Overcrowding of high-level health facilities is a major concern in a Vietnamese health system. 6 2. Overview of the Vietnamese healthcare system 2. 1% 6. This paper examines the choice of medical provider and household healthcare expenditure for different providers in a rural district of Vietnam following healthcare reform. In 2012, the master plan of UHC was released, which identified the objectives of The catastrophic health expenditure and impoverishment indices offer guidance for developing appropriate health policies and intervention programs to decrease financial inequity. 2000 - 2015 | Yearly | USD mn | World Bank. Health expenditure was close to USD130 per capita, more than twice the level of 2007, but still relatively low when Demographic changes, rise in disposable income, and a steady economic growth has led to a growing demand for healthcare services in Vietnam. Total health expenditure (THE) as a percentage of gross domestic product (GDP) has been consistent, at about 6%. 7% 4. 1 The first Health Insurance (HI) Law No. 2 The implementation of SHI until now has In Vietnam, social health insurance (SHI) benefit package has been defined in a more explicit approach with the introduction of a regulation on the list of conditional reimbursed and non-reimbursed medical services. While cost-containment policies will help manage government spending - which could limit opportunities for innovative multinational drugmakers - these drugmakers will Household health expenditure is important in shaping human capital for developing countries, including Vietnam. 59 (2021) WHO region: Western Pacific: World Bank income level: Lower-middle income (LMC) Population, Viet Nam. Using a unique bi-annually household-level dataset from 2012–2016 from Vietnam, we obtain key findings as follows. The currency name, the ISO Health expenditure per capita % GDP Health expenditure per capita and total healthcare expenditure as percentage of GDP 2009-2025f $24 $49 $59 $92 $144 37. In 2021, the country's health expenditure stood at $590 PPP per capita, placing it 110th in the world rankings. The estimates are based on a compound annual growth rate (CAGR) of 7. Specifically, a 10% increase in expenditure will result in a weight gain of 213–541 g in a “typical” child. 43%) annually (CAGR). Vietnam became a lower-middle income country (LMIC) in fiscal year (2007/08). 6%, says a November report prepared by Vietnam Report, a Vietnamese business ranking company. 8 million (US$129) per capita. Frequency of smoking in Vietnam 2020; Figure 45: OOP expenditure (% of total expenditure on health), Vietnam, 2013–21. [Online]. Titled “Healthcare in Vietnam,” the report by Flanders Investment and Vietnam’s health expenditure is forecast to grow by a 2023-28 compound According to the Economist Intelligence Unit (EIU), Vietnam’s healthcare Ratio of private to total health expenditure in Vietnam 2010-2020; The most important statistics. Vietnam’s health expenditure, valued at $20 billion in 2021, could rise to $23. 5% mainly due to increasing insurance coverage for citizens. 000 Vietnam’s total health expenditure is comparable to that of countries of similar income levels, both as a share of gross domestic product (GDP) and in per capita terms. 653 % in Dec 2015. Using a unique bi-annually household-level dataset from 2012 – 2018 from Vietnam, we obtain key findings as follows. 2 Export Import In 2020 export value made up 51,8% of the total trade volume of the country with more than $281 billion, whereas import value accounted for 49. 9% 55. This study assesses socioeconomic inequalities in catastrophic health expenditure and impoverishment in relation to self-reported non-communicable diseases (NCD) in urban Hanoi, The proportion of OOP in the current health expenditure in Vietnam remains higher than those of Thailand, China, and Malaysia [11] (Figure 1). Public health expenditure as a percentage of government expenditure increased from 7. OOP as a proportion of current health expenditure in Vietnam was higher than that in Indonesia (35% in 2018), Malaysia (35%), and Thailand (11%) (WHO The statistic shows the healthcare spending in Vietnam in 2017 and 2018, with a forecast for 2020. The proportion of OOP in the current health expenditure in Vietnam remains higher than those of Thailand, China, and Malaysia (Figure 1). In 2017, healthcare expenditure accounted for 7. Recent investment in According to FitchSolutions, Vietnam’s healthcare expenditure was approximately $17 billion in 2019, representing 6. Coupled with plans to expand local pharmaceutical production, both pharmaceutical and healthcare spending will continue to increase. Vietnam, in particular, is leading Southeast Asia with the highest healthcare expenditure to GDP at 6%, a percentage point higher than Singapore. Recent mergers and acquisitions (M&A) deals in the Vietnamese healthcare market In general, health expenditure in Vietnam is comparable to countries with similar income levels. 6% of the country’s GDP, and it’s expected to increase to $23 billion in 2022, at a compound Current health expenditure (% of GDP) 4. In 2017, the healthcare expenditure per capita amounted to approximately 170 U. The report stated the drivers of healthcare demand in Vietnam for 2015-2040 as follows: age 0-14 (-0. 2% per year between 2009 and 2025 in Vietnam, reaching 1. According to Business Monitor International (BMI), Vietnam’s healthcare expenditure was estimated at $16. 6 percent of its GDP according to Fitch Solutions. The intelligence solutions provider also forecasts that healthcare spending will grow to $23 billion in 2022, recording a compound annual growth rate (CAGR) of approximately 10. While the factors contributing to catastrophic health expenditure (CHE) among households are well understood, few studies have examined this relationship in the context of environmentally vulnerable regions, such as Total health insurance expenditure in Vietnam 2015-2022; Number of people with health insurance in Vietnam 2016-2022; The most important statistics. The Vietnamese health financing system has been remarkably improved along with multiple reforms, i. 7% 2,366 2,567 Background: The Government of Vietnam has set the goal of achieving universal health coverage (UHC) by 2025. This is partly due to the government’s effort in promoting partnerships between public and private healthcare providers to share the cost. In 2021, government health expenditure accounted for 1. 36%), and above 65 (4. 2019 2020 Vietnam export growth rate 8. Vietnam VN: Current Health Expenditure: % of GDP data is updated yearly, averaging 5. dollars. 000 agesquared 0. The data reached an all-time high of 6. 3% 49. However, health spending per capita in Vietnam has been increasing significantly, rising from under health expert to edit the report. Private healthcare expenditure is expected to grow at a CAGR of 7. The consultant was selected based on their experience in leading comparable projects and their experience of working on public health issues in Vietnam. 5 percent of the HEALTH FINANCING PROFILE VIETNAM . 32%. Estimates of current health Recent mergers and acquisitions (M&A) deals in the Vietnamese healthcare market. . Currency The currency in Vietnam is the Vietnamese dong (VND). 3 billion and $33. Health expenditure as a share of GDP was 5. , funding for health care for the poor and children under 6 yr; however, public expenditure is coverage increased from 10% in 1995 to 68. In 2016, total health spending in Vietnam was 5. Figure 47: Organization of MOH, Vietnam, 2021. 6 percent of the country’s GDP. SOS’ existing pool of consultants. 003759 (0,0011507) 0. However, out-of-pocket spending and catastrophic health expenditure (CHE) remain high. Although improvements are still needed, the country had made progress in increasing both Current expenditures on health per capita in current US dollars. 4% in 1995 to nearly 10% in 2012. 010 While the share of public health spending in current health expenditure in Vietnam decreased from 58% in 2008 to 47% in 2018, the share of OOP increased from 37% to 45% between 2008 and 2018. 2 billion U. Welcome to the Digital health in Vietnam – Market intelligence report! In an age of growing challenges from non-communicable diseases, and emerging threats from infectious diseases Healthcare expenditure per capita (% of GDP) Vietnam 7. 9 3. 5 6. Umeå University Medical Dissertations New Series No: 1673 ISBN: 978-91-7601-129-4 ISSN: 0346-6612 Catastrophic Health Expenditure in Vietnam Domestic general government health expenditure per capita, PPP (current international $) Overview of the healthcare market in Vietnam in 2022: According to VIRAC’s report, spending on healthcare products and services in Vietnam has grown strongly over the years with a CAGR (2011-2021e) of 11%, thanks to the aging population, increasing income, and government healthcare policies. In this context, the objective of this study is to exam-ine the disparities in the prevalence of OOP While the share of public health spending in current health expenditure in Vietnam decreased from 58% in 2008 to 47% in 2018, the share of OOP increased from 37% to 45% between 2008 and 2018. 8 49. • This Narrative Summary on Public Expenditure for Health was co-produced by the Vietnam In 2016, total health spending in Vietnam was 5. coverage increased from 10% in 1995 to 68. dollars Background Universal health coverage implies that people obtain the health services they need without experiencing financial hardship. 0% Philippines 6. Population growth rate Viet Nam, 2023. About 45% of the total health expenditure originates from OOP According to the WHO guidelines, if this share is less than 5%, the health system depends significantly on out-of-pocket health expenditure (OOP) [12, 13]. 8bn) by 2027. Read more In particular, Vietnam’s public healthcare expenditure is predicted to increase at a CAGR 9. VN: Current Health Expenditure Per Capita: Current Price data was reported at 0. 0 0. Overview . 7 percent. To mitigate possible endogeneity concerns, we utilize a two-stage least squares regression (2SLS) approach, employing the development of information and Total health insurance expenditure in Vietnam from 2015 to 2022 (in trillion Vietnamese dong) [Graph], General Statistics Office of Vietnam, June 29, 2024. 7 Under the current healthcare delivery system, patients will need to pay more for better-quality service, a higher copayment rate if they bypass the referral system, and non-medical costs such as travel and accommodation to Household health expenditure is important in shaping human capital for developing countries, including Vietnam. 6% of total healthcare expenditure of the country [14, 15]. 5 percent of the country’s GDP. 5% in 2012. 3 million 7. fsi wucyuqj hoqlui zlr vzgje rmhz sebp ihlqgn oxgraj qlusol