COVID-19 vaccine fund raises nearly US$251 million

15:49 19/06/2021
Vietnam's national COVID-19 vaccine fund had received more than VND5.77 trillion (US$250.97 million) worth of donation from 321,783 organisations and individuals as of 5pm on June 18.

The fund’s official website,, has also been launched, aiming to facilitate online donations.

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% of its population this year, with total cost amounting to VND25.2 trillion (US$1.09 billion).