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Vaccine fund receives over 11.68 million USD

Update: 05-06-2021 | 15:29:53

The Fund for Vaccination Prevention of Coronavirus Disease 2019 has so far received over 264.8 billion VND, 8,700 USD and 2,700 EUR (totally 11.68 million USD), according to its management board.

Vice Chairman of the Vietnam Fatherland Front (VFF) Central Committee Ngo Sach Thuc (R) receives the donation from Deputy General Director of the Vietnam News Agency Dinh Dang Quang

On June 4 alone it received about 160.9 billion VND, 5,370 USD and 720 EUR (nearly 7 million USD).

The fund is scheduled to officially make its debut on June 5 in Hanoi at an event to be attended by Prime Minister Pham Minh Chinh, officials from the Vietnam Fatherland Front, ministries, sectors, and socio-political organisations, and representatives of the people and the business community.

The fund has been 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 COVID-19 vaccine procurement and import, internal research and production, and provision.

Managed by the Ministry of Finance, the non-profit fund will use the capital mobilised in line with legal regulations, ensuring publicity, transparency, and efficiency. It is subject to examination, inspection, and audit by relevant State agencies and supervision by the Vietnam Fatherland Front and the community.

According to Director of the Ministry of Finance’s State Budget Department Vo Thanh Hung, the Ministry of Health has said Vietnam needs 150 million doses of COVID-19 vaccine costing 25.2 trillion dong (1.1 billion USD) to inoculate the roughly 75 million people needed to reach herd immunity./.

VNA

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