Investment funds bankroll medical projects
The VinaCapital Group and the Vietnam
Fund of Germany’s Deutsche Bank will invest more than 20 million USD in
the Hoan My Medical Group to develop medical projects under an
agreement announced on Oct. 20.
The VinaCapital Group and the Vietnam
Fund of Germany’s Deutsche Bank will invest more than 20 million USD in
the Hoan My Medical Group to develop medical projects under an
agreement announced on Oct. 20.
The investment, representing 40 percent of the Hoan My’s capital, is part of the medical group’s development plan for the next five years.
Hoan My plans to build two hospitals and open two more international-standard medical practices in HCM City, and expand its polyclinics in Da Nang, Can Tho and Da Lat cities.
Hoan My Chairman and General Director Nguyen Huu Tung said the group made a commitment to developing and expanding its medical network to build Hoan My Medicine into a national trademark.
VinaCapital Managing Director Andy Ho said the group seeks opportunities for investment in social infrastructure development, adding that the new deal demonstrates the group’s commitment to long-term investment in Vietnam.
Meanwhile, his Vietnam Fund counterpart Desmond Sheehy appreciated the role of Vietnamese small and medium-sized enterprises and expressed his belief that the investment deal will be highly efficient./.
The investment, representing 40 percent of the Hoan My’s capital, is part of the medical group’s development plan for the next five years.
Hoan My plans to build two hospitals and open two more international-standard medical practices in HCM City, and expand its polyclinics in Da Nang, Can Tho and Da Lat cities.
Hoan My Chairman and General Director Nguyen Huu Tung said the group made a commitment to developing and expanding its medical network to build Hoan My Medicine into a national trademark.
VinaCapital Managing Director Andy Ho said the group seeks opportunities for investment in social infrastructure development, adding that the new deal demonstrates the group’s commitment to long-term investment in Vietnam.
Meanwhile, his Vietnam Fund counterpart Desmond Sheehy appreciated the role of Vietnamese small and medium-sized enterprises and expressed his belief that the investment deal will be highly efficient./.
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