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October 31, 2009

Hoan My welcomes investors

Two foreign management funds, VinaCapital and Deutsche Bank Group via the DWS Viet Nam Fund, will invest in Viet Nam’s Hoan My Medical Corporation.


The two will contribute US$10 million each to Hoan My to expand business and improve services.


The investment will help strengthen Hoan My’s financial capacity, international management skills and connect to the world’s healthcare system, according to the corporation’s chairman, Dr Nguyen Huu Tung. More...



The chairman said it was an important step forward in the company’s development plan for the next five years, which includes the building of two additional hospitals and another two clinics in HCM City.

It also includes expansion of the existing hospitals in central Da Nang, Da Lat cities and southern Can Tho City to satisfy demands of both Vietnamese and foreigners.

"We are always seeking opportunities for investments in social infrastructure that benefit the Vietnamese people with the best health care services," said Don Lam, general director for VinaCapital, adding that it also expressed his long-term investment to Viet Nam.

Hoan My, set up in 1997 as a general clinic in HCM City, has become a corporation running several hospitals and clinics totaling more than 620 beds and 1,000 employees including 300 doctors.
VinaCapital manages more than US$1.6 billion in total assets. Its three funds, Viet Nam Opportunity Fund, VinaLand and Viet Nam Infrastructure, are listed on the London Stock Exchange’s Alternative Investment Market (AIM). — VNS

in reference to: Viet Nam News (view on Google Sidewiki)

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