Making news

COVID-19 vaccine fund raises nearly 259 million USD

Vietnam's national COVID-19 vaccine fund had received more than 5.972 trillion VND (259.4 million USD) worth of donations from 332,578 organisations and individuals as of 5pm on June 21.

To ensure transparency and fairness, the management board of the fund has publicised all donor agencies and organisations, including those that have transferred money or committed to doing so.

The fund is set up to receive, manage, and use voluntary financial and vaccine donations and assistance from domestic and foreign organisations and individuals, along with other legal sources, for the COVID-19 vaccine procurement and import, research and production in the country, and the provision of vaccines for people.

Managed by the Ministry of Finance, the not-for-profit fund will use the mobilised capital resources for right purposes and in line with legal regulations, ensuring publicity, transparency and efficiency.  It is subject to the examination, inspection, and auditing by relevant State agencies and to the supervision by the Vietnam Fatherland Front and the community.

Vietnam needs 150 million doses of vaccines to administer about 75 percent of its population this year, with total cost amounting to 25.2 trillion VND./.