At the signing ceremony (Photo: VSS)

The signing of the MoU aims to specify the scope of cooperation in health insurance, facilitating frequent exchanges between the VSS and US partners towards the sustainable development of the health insurance system in Vietnam. 

USABC President and CEO Ted Osius said the US business community highly valued efforts and achievements by the Vietnamese Government, people and firms in fighting COVID-19 and protecting people’s health, and at the same time resuming production activities to catch up with the global economic recovery.

Under the 5-year agreement, the sides will bolster cooperation in health insurance, particularly in the development of sustainable universal health insurance coverage; assessing the quality of medical equipment and services covered by health insurance; and health insurance payment verification.

They also seek potential fields of cooperation such as digital application, social welfare consultation, and investment fund.