Revolutionizing Vietnamese Healthcare

Vietnam, with a population of almost 100 million is now seeing a growing need for better healthcare and digitization in its rapidly growing economy. Vietnam was also recently recognized for their healthcare measures during COVID. This could also be attributed to the fact that Vietnamese government has experienced having gone through other pandemics, such as the SARS-COV-1 pandemic and the H5N1 avian flu pandemics previously. 

Although Vietnam managed the pandemic well and their measures were effective, the system still faces challenges such as overburdened facilities, inefficient resource allocation, and a lack of integrated patient data management. According to the Economist Intelligence Unit (EIU), Vietnam’s healthcare expenditure was approximately USD18.5 billion in 2022, which was 4.6% of the country’s GDP. Vietnam has extended Universal Health Coverage (UHC) to 90% of the population, and targets to reach 95% by 2025. 

The adoption of Health Management Software (HMS) has emerged as a game-changer, revolutionizing the way healthcare is delivered and managed. HMS streamlines patient management by digitizing patient records, scheduling appointments, and managing medical histories. This ensures that healthcare providers have instant access to accurate and up-to-date patient information, reducing errors and improving the overall quality of care. With the integration of data analytics, HMS allows healthcare providers to analyze large volumes of data to identify trends, predict outbreaks, and make informed decisions. This capability is crucial for public health planning and for addressing emerging health challenges efficiently. 

The Vietnamese government is increasingly investing in digital health infrastructure. HMS systems can integrate with national health databases and electronic health records (EHR), facilitating seamless information flow across different healthcare institutions and improving coordination of care. With the integration of data analytics, HMS allows healthcare providers to analyze large volumes of data to identify trends, predict outbreaks, and make informed decisions. In Vietnam, where the healthcare expenditure is about 5% of the GDP, efficient data management can lead to better allocation of resources and more targeted health interventions, potentially saving millions of dollars annually. The COVID-19 pandemic accelerated the adoption of telemedicine in Vietnam. Over 60% of the population resides in rural or underserved areas, posing a challenge for access to healthcare. HMS platforms support telehealth services, providing a solution through remote consultations and continuous patient monitoring.

The Vietnamese government is increasingly investing in digital health infrastructure. The Ministry of Health’s e-health initiative aims to have electronic health records for 90% of its citizens by 2025. HMS systems can integrate with national health databases and electronic health records (EHR), facilitating seamless information flow across different healthcare institutions and improving coordination of care. 

Health Management Software represents a pivotal opportunity for elevating Vietnamese healthcare quality, access and sustainability. By strategically implementing advanced HMS, Vietnam can address systemic challenges, curb healthcare inflation, and deliver superior, data-driven, patient-centric care. Collaborative efforts from providers, policymakers and innovators are key to realizing HMS’s full revolutionary potential nationwide. As an emerging economic power, equipping Vietnam’s healthcare system with cutting-edge digital capabilities is an economic and humanitarian imperative. ASEAN business partners can assist you with this entry into the Vietnamese Healthcare system. With the help of our team, we can equip you with the necessary information, stats, and the resources you need to enter the Vietnamese healthcare market. Contact us for further details.

About the Author

Thao Nguyen

Thao Nguyen is ABP’s Country Manager – Vietnam. She is a dynamic leader with over 27 years of experience working for both global and local banks in Vietnam. Over the course of her career Thao has held senior leadership roles at HSBC, Citibank, ANZ, Techcombank and VIB