In November, Vietnam’s health and social assistance activities sector registered no new projects, with US$55,000 in newly registered capital, according to Vietnam’s Ministry of Planning and Investment. This represents no change compared to October, which also saw no new projects, with negative newly registered capital of US$1,000.
Year-to-date (YTD), the sector has attracted a total of 2 new projects with US$95 million in newly registered capital, showing a significant decrease in November despite strong growth for the year.
The health and social assistance sector in Vietnam continues to be essential, supporting healthcare and social services. This sector is crucial for maintaining the well-being of the population, especially in the context of the ongoing health challenges globally.
Key foreign firms in this sector include major healthcare providers and social welfare companies like UnitedHealth Group and Cigna, which continue to invest in Vietnam’s expanding healthcare market.
Although November’s figures indicate a temporary dip, the health and social assistance sector remains a crucial part of Vietnam’s long-term development.
See also: Healthcare Industry in Vietnam