COVID-19 vaccine fund raises nearly 251 million USD

Organisations and individuals support the COVID-19 fund. (Photo:VNA)

Hanoi (VNA) - Vietnam's national COVID-19 vaccine fund had received more than 5.77 trillion VND (250.97 million USD) worth of donation from 321,783 organisations and individuals as of 5pm on June 18.

The fund’s official website, www.quyvacxincovid19.gov.vn, 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 percent of its population this year, with total cost amounting to 25.2 trillion VND (1.09 billion USD)./.