Capital from the private sector is expected to further increase in the coming years thanks to Public - Private Partnerships (PPP), according to independent market observers. On October 21, Vietnam's first equitised medical facility, the Hanoi-based Transport Hospital, successfully launched its initial public offering (IPO) on the Hanoi Stock Exchange. All of the hospital's 4,925,000 shares, with initial price of 10,000 VND (5.8 USD) each, sold at the rate of about 23,597 VND each. The total share volume on bid equals 29.48 percent of the hospital's total chartered capital. As a result, the hospital earned a total of 116,854 billion VND (5.19 billion ). Another 30 percent of the capital (equivalent to 5.04 million shares) was reserved by the Vietnamese government, together with 10.52 percent (1.768 million shares) for preferential sales to hospital staff. The Transport Hospital is not the first unit in the healthcare sector developed under the PPP form. Some healthcare establishments … [Read more...] about Bản in : Private sector to pump more investment in healthcare
Private sector healthcare
Why China’s private sector needs a ‘high degree of attention’
Hostesses rest during the Auto China 2016 auto show in Beijing, China, April 29, 2016. Xia Xiaokang and Bruno Chen, who both run private-sector companies, are the sort of businessmen that Chinese leaders are increasingly concerned about as economic growth slows. Beijing is counting on the private sector to invest more in the economy and take up the slack as the government tries to engineer a shift away from largely state-run heavy industry to more entrepreneurial and services-led growth. Unfortunately, just when China needs the private sector to step up, they look to be stepping back. "We plan to downsize our business rather than expand," said Chen, who runs Ningbo Tengsheng Garments Co in the coastal export hub of Zhejiang province in eastern China. "We cannot feel any improvement in the economy," he said. Xia, general manager of Wenzhou Kingsdom Sanitary Ware Co some 400 km (250 miles) from Shanghai, similarly lacks confidence in the economy. "We have hardly made any … [Read more...] about Why China’s private sector needs a ‘high degree of attention’
Minister urges private sector to get involved in healthcare
by Van Dat HCM CITY — Health Minister Nguyen Quoc Trieu has urged the private sector to invest in the healthcare sector in an aim to improve service quality and reduce the financial burden on the State. The minister and health officials spoke yesterday in HCM City at a two-day conference on public - private partnerships in the health sector, the first meeting of its kind organised by the Ministry of Health and the World Bank. Discussion centred on the Government's policy for investment in the health sector and the need for private support. In 1997, Viet Nam reserved 13 per cent of its GDP for healthcare, and 14.6 per cent of GDP in 2002. However, that has not met the society's rising demand. In the past two years, the health sector has added 20,000 beds to help reduce the pressure on overload hospitals and clinics, Trieu said. Many local and foreign investors have asked the Government, the Ministry of Planning and Investment and the Ministry of Health to consider public funding. … [Read more...] about Minister urges private sector to get involved in healthcare
WB private sector funding arm eyes bigger role in Vietnam
The International Finance Corporation (IFC), the World Bank's private sector arm, is set to increase investment in Vietnam soon, a senior official at the agency said Tuesday. Lars Thunell, IFC's executive vice president, who was speaking to the press in Ho Chi Minh City while on a four-day visit to Vietnam, said priority would be given to promising private firms, adding the IFC was interested in tourism besides finance and infrastructure. Mr. Lars Thunell, IFC's executive vice president … [Read more...] about WB private sector funding arm eyes bigger role in Vietnam
USAID encourages private sector participation in new healthcare program
The U.S. Agency for International Development (USAID) on Friday launched its Healthy Markets program, an initiative to encourage the investment of local private sector and foster growth of a commercial market, in Ho Chi Minh City. The USAID's $15-million project will support efforts to grow a viable commercial market for high quality HIV-related goods and services, including condoms, HIV testing, and counseling by working with the local private sector to leverage solutions, expertise, interests, and assets to foster market growth. … [Read more...] about USAID encourages private sector participation in new healthcare program