Foreign capital is anticipated to aid TNH Hospital Group Joint Stock Company (TNH) in realizing its ambitious expansion plans.
The acquisition is the largest-ever transaction in Vietnam’s healthcare sector, paving way for the group’s expansion across Southeast Asia.
Property developer Aseana Properties Limited is putting its stakes at the City International Hospital (CIH) in Ho Chi Minh City up for sale, as the hospital has continuously made losses since it commenced business in 2014.
The hospital is expected to help reduce the current overload of the state-owned hospital in Hanoi.
T&T Group has recently proposed divesting all of its capital from the Central Transport Hospital, expecting the State to repurchase nearly 8.64 million shares.
The People's Committee of Ho Chi Minh City (PCHCMC) has approved the the feasibility study of New Sai Gon hospital construction and investment project with total estimated investment capital over VND1 trillion (equivalent to US$44-million).
The patients died shortly after undergoing kidney dialysis treatment at a hospital in northern Vietnam in late May.
The ongoing patient overload at state-owned hospitals and the US$2 billion that Vietnamese spend on overseas healthcare services are drawing more investors to hospital projects.
"Chemical residue could have built up from the water filtration process".
The health ministry called the case 'the most serious medical incident in years.'
Seven out of 18 kidney patients who were receiving dialysis at Hoa Binh Provincial General Hospital on Monday have died with suspected anaphylactic shock.
