A surgery conducted at the Vinmec Times City General Hospital, a private hospital in Hanoi (Photo: VNA) Hanoi (VNA) - Private investment is forecast to keep flowing into the healthcare sector in the time ahead with the appearance of many new drivers, according to the Dau tu (Vietnam Investment Review) newspaper. Nipro Pharma Vietnam , invested in by the Nipro Pharma Corporation - one of Japan’s leading pharmaceutical companies - is completing necessary procedures to add 270 million USD to its investment in a factory at the Saigon Hi-Tech Park in Ho Chi Minh City. According to the Japan External Trade Organisation ( JETRO ), a large number of Japanese businesses are seeking the chance to tap into Vietnam’s healthcare market given its substantial potential. The sector has attracted new investment inflows recently, especially last year, with a number of new projects from both domestic and foreign companies. In late 2020, a group of investors led by the Singaporean Government’s GIC sovereign wealth fund poured more than 203 million USD into Vingroup’s VMC, which develops and operates the Vinmec hospital system. VinaCapital’s Vietnam Opportunity Fund, meanwhile, invested 26.7 million USD in the Thu Cuc International General Hospital, while the UK’s Real Capital London debuted the Hong Anh (UK Vietnam) Medical Campus in HCM City, worth about 156 million USD. Many projects funded by domestic investors were also licensed or became operational last year, such as the TV.Pharm Hi-tech Pharmaceutical Complex, Van Phuc - Sai Gon Hospital, and Hoan My Western Hospital. Such moves show that hospital investment is increasingly attractive to investors due to growing middle class demand for high-quality healthcare, the newspaper said. Meanwhile, multinational pharmaceutical groups such as Novartis, Roche, Sanofi, GSK, and AstraZeneca are promoting “social business” via new programmes. In late January, AstraZeneca worked with the Ministry of …
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