The board is headed by Nguyen Quang Vinh, Deputy GeneralDirector of the State Treasury of Vietnam.
The Prime Minister on May 26 issued a decision on theestablishment of the COVID-19 vaccine fund.
The fund is set up to receive, manage, and usevoluntary financial and vaccine donations and assistance from domestic andforeign organisations and individuals, along with other legal sources, for theCOVID-19 vaccine procurement and import, research and production in thecountry, and the provision of vaccines for people.
Managed by the Ministry of Finance, the not-for-profitfund will use the mobilised capital resources for right purposes and in linewith 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 VietnamFatherland Front and the community.
The finance ministry said as of June 2 afternoon, the fundhad received 44 billion VND (1.91 million USD) from donors, which was channeledthrough the State Treasury and the Bank for Investment and Development ofVietnam (BIDV)./.