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Subscription Plans

Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Saturday, July 26, 2025

Covid-19 vaccine fund to be established

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HCMC – The Ministry of Finance has sought the Government’s approval to establish a fund to mobilize contributions, besides the State budget, to buy Covid-19 vaccines for local residents.

With the Ministry of Health’s plan to buy 150 million doses of Covid-19 vaccines for some 75 million people, the Ministry of Finance estimated the needed funds at VND25.2 trillion, the local media reported.

Of this, the cost of buying vaccines alone will be VND21 trillion, while the rest of the fund would be used for transporting, storing, distributing and injecting the vaccines.

Some VND16 trillion is expected to be sourced from the State budget and VND9.2 trillion from localities’ budgets, enterprises and organizations.

The demand for vaccines will be higher if the pandemic continues spreading and the State budget cannot afford to pay for the Covid-19 vaccines.

Therefore, the establishment of the Covid-19 vaccine fund is necessary to effectively mobilize and use the money contributed by domestic and foreign individuals and organizations amid the tight State budget. The fund will meet the country’s demand for curbing the pandemic by accelerating the purchase of the vaccines, accoridng to the Ministry of Finance.

The fund will be subject to inspections and audits by State management agencies specializing in finance and the State Audit of Vietnam.

It must report its operations to the Government and the National Assembly and publicize the mobilized amounts, the list of contributors, the amount spent and the balance.

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