The average cost of hospital care for COVID-19 patients varies greatly by different factors, including their underlying health conditions and duration of treatment. As COVID-19 is classified as a group-A infectious disease in Vietnam, all of the hospital fees for patients without underlying diseases are covered by the state budget. For insured cases with comorbidities, the health insurance fund covers the majority of the hospitalization expenses, while patients pay about 20 percent of the total charges. The treatment expenditures depend on the severity of the disease in each patient, according to a medical expert. The charges average out at VND1-1.5 million (US$44-66) per day for a patient under non-invasive ventilation and VND3-3.5 million ($132-154) a day for those under invasive ventilation. The amount ascends to VND20-30 million ($880-1,320) a day for a case requiring continuous dialysis or ECMO, an outside-body life support system. In addition, the longer treatment … [Read more...] about Vietnam treats COVID-19 patients for free, but how much does it cost for state budget?
Illustrative image (Photo: VNA) Hanoi (VNA) - The ADB has revised down Vietnam's 2021 GDP growth forecast from 6.7 percent to 3.8 percent due to a resurgence of the COVID-19 pandemic that has tightened the labour market, lowered industrial output, and disrupted agricultural value chains, according to a report released by the bank on September 22. At a virtual press conference, ADB country director Andrew Jeffries said the prolonged COVID-19 pandemic and extended lockdowns have weakened consumption and investment, hampering Vietnam’s growth prospects. “But the Vietnamese economy will bounce back if the COVID-19 pandemic is brought under control by the end of 2021 and 70 percent of the country’s population are vaccinated by the second quarter of 2022," he said. ADB remains bullish on the country’s prospects in the medium and long term. Growth could be aided by a revival of domestic demand, an acceleration in the disbursement of public investment, and an expansion to new export … [Read more...] about ADB optimistic about Vietnam’s economic prospect despite slowdown
Lam Van Thanh, Chairman of Kien Giang Province, where Phu Quoc is located, said that by the end of October, the island would not have ensured necessary conditions to carry out its planned tourism reopening plan. He said only 35.2 percent of people aged 18 and above have got a first shot and just 6.13 percent of residents have been fully vaccinated. The island needs another 250,000-300,000 doses to achieve herd immunity, but recent allocation has also been low, while the stipulated time between two doses of a Covid vaccine is 4 to 8 weeks, depending. Even if the amount of needed vaccine doses was allocated right now, it would take around two months for Phu Quoc to achieve vaccination coverage for 90 percent of its population, Thanh said. He emphasized: "The province will reopen international tourism when pandemic prevention measures are ensured at highest level. It will not sacrifice the health and lives of people for economic growth." Therefore, while local authorities are … [Read more...] about Phu Quoc not ready for foreign tourists next month
ADB has reduced its GDP forecast for Vietnam but remains optimistic on its post-pandemic prospects The country’s economy is expected to grow 3.8 per cent this year and 6.5 per cent in 2022, according to the Asian Development Outlook (ADO) 2021 Update . Growth picked up in the first half of 2021, largely because of higher trade volumes, but slowed down in the second half of the year as the fourth wave of the pandemic took a toll on business and the labor market. Inflation will be muted in 2021 and 2022 due to the slower growth. “The prolonged COVID-19 pandemic and extended lockdowns have weakened consumption and investment, hampering Vietnam’s growth prospects," said ADB’s country director for Vietnam Andrew Jeffries. “But the Vietnamese economy will bounce back if the COVID-19 pandemic is brought under control by the end of 2021 and 70 per cent of the country’s population are vaccinated by the second quarter of 2022.” The COVID-19 pandemic is expected to drag down 2021’s … [Read more...] about ADB bullish on Vietnam’s economic growth despite COVID-19 slowdown
HCM City to implement third relief package worth 7.3 trillion VND Ho Chi Minh City will carry out the third relief package worth 7.3 trillion VND (around 320.7 million USD) sourced from the local budget to help more households and informal workers affected by the COVID-19 pandemic, said Vo Van Hoan, Vice Chairman of the municipal People’s Committee. Speaking at a press conference held by the city’s Steering Committee for COVID-19 Prevention and Control on September 20, Hoan said given complicated developments of the COVID-19 pandemic in the city and prolonged social distancing, people face more difficulties due to job loss and having no income. Therefore, in addition to the social security relief packages of the city's Vietnam Fatherland Front Committee and other organisations and individuals, the municipal People's Committee continues to implement the third relief package to help ease difficulties for local residents. According to reports from the People's Committees of … [Read more...] about VIETNAM NEWS HEADLINES SEPTEMBER 21
District 7 has become the first district in HCM City to allow people to go out for physical exercises in public places in Tan Phu and Tan Phong wards on September 21. Reopening parks for visitors Nguyen Thi Be Ngoan, vice chairwoman of District 7 People's Committee, said this was a pilot programme that would be carried out in two phases. The first phase would last from September 20 to 30. Residents in Tan Phu and Tan Phong wards can go to two public parks and five tennis courts from 6 am to 8 am and from 4 pm to 6 pm. They are asked to keep a distance of at least two metres apart from one another and the crowd density must be one person per ten square metres and the parks must have managers monitor the area. Visitors must follow preventive regulations "We'll prioritise people aged from over 50 years old and people who have recovered from Covid-19. Visitors must be fully vaccinated, tested negative for Covid-19, live in Covid-19-free zones, fill … [Read more...] about District 7 starts to open parks for visitors