Are you planning to build or restructure or venture in any healthcare venture in Vietnam? Looking for information about the major healthcare players in Government, Private diagnostic centers that are available in Vietnam? Are you looking to find out which part of the of the city’s is best to venture in or what all facilities are available and what all should be planned for new setup? In this article Hospaccx Healthcare Consultancy has mapped all on major players in terms of medical facilities and healthcare scenario in Vietnam.
Vietnam officially the Socialist Republic of Vietnam, is the eastern most country on the Indochina Peninsula in Southeast Asia. Vietnam is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, Thailand across the Gulf of Thailand to the southwest, and the Philippines, Malaysia and Indonesia across the South China Sea to the east and southeast. Hanoi is the capital. The official national language of Vietnam is Vietnamese a tonal Mon–Khmer language which is spoken by the majority of the population.
- Viet Nam population is equivalent to 1.26% of the total world population.
- Viet Nam ranks number 15 in the list of countries (and dependencies) by population.
Vietnam operates 21 major civil airports, including three international gateways: Noi Bai in Hanoi, Da Nang International Airport in Da Nang, and Tan Son Nhat in Ho Chi Minh City. Tan Son Nhat is the nation’s largest airport. Vietnam Airlines, the state-owned national airline. Several private airlines are also in operation in Vietnam, including Air Mekong, Jetstar Pacific Airlines, VASCO and VietJet Air.
The socialist-oriented market economy of the Socialist Republic of Vietnam is the 47th-largest economy in the world measured by nominal gross domestic product (GDP) and 35th-largest in the world measured by purchasing power parity(PPP).
Vietnam is one of the top rice exporting countries in the world.
Vietnam is the world’s second largest exporter of coffee.
The top manufacturing sectors — food processing, cigarettes and tobacco, textiles, chemicals, and electrical goods — experienced rapid growth.
2018(est.) GDP – $ 240.779 billion (nominal)
$ 705.774 billion (PPP)
GDP per capita – $ 2,546 (nominal)
$ 7,463 (PPP)
In 2017, GDP by sector: – Agriculture – 15.34%
Industry – 39%
Service – 44%
Major Corporates in Vietnam
- Air Mekong
- Appota Corporation
- Asia Commercial Bank
- FPT Group
- Petrivietnam Insurance
- Phu My Hung Corporation
Growth Plans in Vietnam
The objective of the Da Nang Priority Infrastructure Investment Project is to improve the efficiency, effectiveness and sustainability of urban services under the control of Da Nang city through a package of priority investments including urban upgrading, environmental improvement and strategic road access, as well as measures for institutional strengthening for management of urban services.
It will help to connect Vietnam’s road and railway systems with ASEAN, Greater Mekong Region and Trans-Asia Railways
The country will also invest to build the Long Thanh International Airport to make it become among large airport in the region.
Healthcare Scenario in Vietnam
Healthcare Expenditure (2014)
Source: (MOH, 2013a), whereas 2015, 2017 and 2019 are estimated.
The above graph shows the estimated numbers of healthcare workers in from 2013 to 2019. Average Growth for Doctor’s population 16.54 % from 2013 to 2019, 39.66% growth was seen in Nurses population where as Pharmacist population grows by 13.44%.
Density of Healthcare Workers
Source: (MOH, 2013a) whereas 2015, 2017 and 2019 are estimated.
The above graph shows the estimated density of healthcare workers from 2013 to 2019.
The Vietnamese healthcare system currently has an estimated more than 1000 state hospitals, more than 100 local private hospitals and foreign invested hospitals with a total of 145,000 beds.
Vietnam represents a potentially large healthcare, medical equipment and device market. Identified as one of the national development priorities, the Vietnamese public healthcare sector has received increasing government budget allocations as well as interest from the private sector.
The public health sector has limited abilities to cover all the needs of Vietnam’s growing population. Acknowledging the shortage, Vietnam’s government is now aiming to grow the number and size of private hospitals to account for an ambitious total of a 20% increase in total bed capacity by 2020.
Health insurance is an important policy of the State and Government. It is considered a major pillar of the social welfare policy. As of June 2016, 77% of the total population was covered by health insurance.
The Government aims for 90% of the population to be covered by health insurance by 2020.
Hospitals in major cities like Ho Chi Minh and Hanoi often do not have the capacity to serve both local patients and those from other provinces. Most of them were constructed long ago and face chronic overcrowding.
Much of the existing medical equipment in public hospitals in Vietnam is outdated and needs replacement. Many hospitals lack sufficient equipment for surgery and intensive care units.
Vietnamese public hospitals rely largely on state budget to upgrade their facilities, equipment and services. The total budget for the health sector has increased, but it is still too low to meet the demands in the country.
A shortage of qualified medical staff is common in many hospitals. Doctors and nurses work under stressful conditions and wages are relatively low.
Due to low quality service on the ground, Vietnamese people go abroad for better check-ups and treatment, spending more than USD 1 billion every year, an indication that domestic consumers are keen to seek out higher quality services, out of pocket.
Ho Chi Minh City in the south of the country is where the majority of hospitals and clinics geared towards medical tourists are located. There are currently more than 50 surgery centres in the city, 8 of which are regular hospitals. Vung Tao, a town on the coast not far from Ho Chi Minh, has its own medical tourism resort known as Medicoast. Medicoast offers visitors complete packages which include accommodation, surgery, post-operative care and use of leisure facilities. A number of establishments offer orthopedic and obstetric treatment. Vietnam is still relatively new to the medical tourism scene and English-speaking staff may not be present in all clinics.
List of Medical Colleges in Vietnam
It was founded on March 28, 1957.
Established in 1989, is a public medical school in Ho Chi Minh City, Vietnam.
Established on July 23, 1968.
It was founded on 13 July 2010.
List of Medical Colleges in Vietnam
It is 220-bed hub hospital, was founded by Dr Jean-Marcel Guillon in 2003.
The hospital is 2800 beds, was established in 1894, has been the first Western hospital in Vietnam.
It is 20 bedded, located nearby CBD (central bussiness district) of Ho Chi Minh City- Founded in 1998, it is the first private hospital in Vietnam direct invested by 100% foreign investment fund.
Is a General Hospital with 620 beds, established in 1981.
It is the largest general hospital with 1200 beds, in Ho Chi Minh City, Vietnam. Founded in 1900.
It is 100 bedded hospital, located downtown of Nha Trang city,
Launched on January 7, 2012, and developed by Vietnam’s leading private business group.
List of Single Specialty Hospitals in Vietnam
It was established on June 18, 1969, specialties such as ENT, facial teeth and plastic surgery.
Established on 3rd January 2011 and is leading private health care provider for women and children in Vietnam.
List of Diagnostic Centres in Vietnam
1.Lab Group International Vietnam Co., Ltd
It was established in 1998.
2.DDC Diagnostic Centre
Established in 1995, is a world leading laboratory that offers DNA testing in Vietnam.
Vietnam is one of the fastest growing economies in Asia. Due shortage of the healthcare services in Vietnam gives an opportunities for investors in Vietnam’s healthcare sector. Vietnamese are willing to spend reasonable share of the income for the services, all they need is hygienic hospitals and trained medical staff to provide them with latest facilities and quality of care.
if you need any support in planning and designing of a new hospital you can contact us: Hospaccx healthcare business consulting Pvt. Ltd on: [email protected] Or you can visit our website www.hhbc.in.