A State-owned bank is offering a credit programme worth 20 trillion VND (over 930.2 million USD) to assist the development of the healthcare sector.

The Bank for Investment and Development of Vietnam (BIDV) said the programme provides financial supports to speed up the implementation of targets set in the Government’s Decision 93/NQ-CP on mechanisms and policies for healthcare development.

The programme will provide concessional loans for the maximum term of around 20 years to hospitals to upgrade facilities and purchase medical equipment with the goal of easing patient overload and improve health care service quality.

Both central and local hospitals can borrow from the programme.-VNA