Description

Vietnam has a stable single party constitutional republic. The stability is likely to remain, even in the Eleventh Party Congress scheduled for January 2011, with Communist party's continuation of power. Vietnamese economy is witnessing robust growth. It benefitted from structural changes made as a preparation for WTO accession in 2007, which liberalized and opened up the economy. The healthcare industry shows growth potential, driven by government's strong support, liberalization of trade and investment and huge domestic demand. Government's healthcare development plan includes provision for universal healthcare, commitment to increase local production in pharmaceuticals and medical devices and usage of IT in healthcare service delivery.