Vietnam has been successful in achieving a Universal Health Coverage index of 73, through its social security system. However, about 41% of healthcare payments are out-of-pocket expenses. Studies have indicated that about a third of the lower-income population borrow money from unofficial lenders to meet healthcare needs, and are caught in a vicious cycle of poverty
On other hand, Vietnam is the booming market for the fintech industry. The number of startups being tripled in the last three years (from 44 in 2017 to 123 in 2020).
The following article ( https://fintechforhealth.sg/vietnams-growing-fintech-industry-the-opportunities-for-meaningful-partnerships-with-healthcare/) sheds light on how the fintech industry can play a crucial role to support healthcare payment systems and provide transparent systems for the lower-income segment for healthcare financial needs.