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Hm launches market

/ February 26, 2021

Leverage of funding models imperative for health sector

Hospitals have gained in recent years thanks to improved facilities and more strategic partnerships Nipro Pharma Corporation – Japan’s biggest prescription drug contract manufacturer – has nearly completed procedures to increase investment capital by about $270 million to enlarge its facility at Saigon High-tech Park (SHTP) in Ho Chi Minh City so as to increase production volume. “The procedure completion is expected in the next few weeks, thus increasing Nipro Pharma’s total investment there to $570 million,” a SHTP representative told VIR. “Nipro has performed well since it began investment in the park in 2016.” Nipro Pharma is among the Japanese investors which have strong interest in Vietnam’s healthcare sector. Many more are expanding to and in Vietnam, according to the Japan External Trade Organization. Together with Japan, South Korea and the EU also have more sights set on the lucrative local market. Positive signals The healthcare sector has welcomed new investment inflows in recent times, especially in 2020 when a number of new projects were announced despite pandemic restrictions. Late last year, a consortium led by Singaporean sovereign fund GIC acquired a minority stake in Vietnam-based private hospital operator Vinmec, part of Vingroup, for $203.1 million. The year also witnessed VinaCapital using $26.7 million to acquire 30 per cent stake in Thu Cuc International General Hospital; and British Real Capital London’s launch of the $156 million Hong Anh Medical Campus project in Ho Chi Minh City. In addition to foreign investment, new domestic private capital flows into the sector were also reported during the year. Last January the southern province of Tra Vinh licensed the high-tech pharma project from TV Pharma with initial investment of VND650 billion ($28.26 million). A few months later, the Van Phuc-Saigon Hospital and Hoan My General Hospital projects were also kicked off. Elsewhere, the Long An Obstetrics and Pediatrics …

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/ February 27, 2021

Microsoft to establish first datacentre region in Indonesia

“Today’s announcement is our most significant investment in the 26 years we have been established here,” said Jean-Philippe Courtois, Executive Vice President and President, Microsoft Global Sales, Marketing and Operations at the virtual DevCon 2021.  “I am delighted that we are helping to empower Indonesia to realise its vision to lead the region’s digital transformation.” With the new datacentre region, Indonesia will join the world’s largest cloud infrastructure with over 60 datacentre regions announced to date. The Indonesian datacentre region will deliver trusted cloud services locally, with world-class data security, privacy, and the ability to store data in country, according to Microsoft. “From e-commerce to agriculture, Indonesian businesses across all sectors are gaining a digital advantage with the agility, security and scale offered by Microsoft’s cloud services,” Courtois said. Businesses of all sizes and industries will have access to Microsoft Azure at launch, which enables anyone to invent with purpose using cloud services and capabilities that span computing, networking, databases, analytics, artificial intelligence, and Internet of Things (IoT). Indonesian Minister of Communication and Information Johnny G. Plate said his ministry welcomes Microsoft’s plans to establish a local datacenter region as well as its commitment to increase the capacity of Indonesian digital talent across all skill levels. President Joko Widodo also appreciated Microsoft's collaboration with the digital community to strengthen the digital transformation among Indonesia's young people. He further noted that digital transformation is the key to surviving the COVID-19 pandemic as it helps people work more quickly and efficiently, even in the midst of limited interactions. He said the acceleration of digital transformation cannot be done by the government alone, but it requires participation from the digital community through investment in datacentre …

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/ February 26, 2021

HCM City keeps shutdown of certain services in place

The municipal People’s Committee has ordered continued closure of dance halls, bars, karaoke parlours, pubs, beer clubs, and facilities for indoor sports activities like gym, fitness, billiards, and yoga centres. Others not included in this list can be reopened but have to carry out all anti-coronavirus measures regulated by health authorities. Besides, the set of safety assessment criteria in COVID-19 prevention and control must be seriously implemented in the fields of tourism, transport, and restaurant services, as well as at wholesale and retail markets, supermarkets, trade centres, relic sites, and libraries. A distance of at least one metre from each other must be kept in those activities, and food service supplying establishments are not permitted to serve more than 30 people at the same time, according to the administration. Meanwhile, religious activities and rituals at local places of worship can take place with no more than 50 participants at the same time. They also have to comply with other disease prevention measures regulated by the health sector, the People’s Committee said. Earlier, the committee also permitted schools across the city to be reopened from March 1. On February 23, the lockdown on an apartment block in Ward 13 of Tan Binh district was lifted. This was the last of the 35 sealed-off sites that had their COVID-19 lockdown removed in HCM City. Source: VNA …

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