Vietnam's Healthcare Spending Growth Trend and the Future of the Sector

While Vietnam's healthcare expenditures are expected to rise to $34.1 billion by 2028, the country's healthcare system is focusing on digital transformation, disease prevention, and technology transfer.

Increase in Healthcare Spending

Healthcare expenditures in Vietnam are showing an average annual increase of seven to eight percent. Total expenditures are projected to nearly double in less than a decade.

New Healthcare Policies and Objectives

Politburo decisions and published directives mandate a transition from a treatment-oriented approach to proactive disease prevention strategies.

While it is stipulated that citizens undergo a free periodic health check-up at least once a year, investments for the national development program have also been approved.

Import Dependence and Domestic Production

While approximately ninety percent of products in the medical equipment market are imported, a similar picture of foreign dependence exists in the pharmaceutical industry.

In line with national strategies, it is targeted that domestically produced medicines meet a major portion of market demand by 2030.

International Investments and Sectoral Events

While foreign direct investments targeting the healthcare sector continue to increase, global companies are channeling billions of dollars in funds into the country.

These developments and investment opportunities in the sector will be addressed at comprehensive international healthcare exhibitions to be held in Hanoi in April 2027.