Thursday, December 8 2016

VietNamNews

VOF spends $9 million on Thái Hòa Hospital

Update: March, 23/2016 - 11:04
Thai Hoa Hospital is one of the best hospital in the Mekong Delta region.— Photo TH

HÀ NỘI (VNS) — VinaCapital Vietnam Opportunity Fund Limited (VOF) announced on Monday an investment of US$9 million in a management buyout transaction to acquire a controlling stake in Thai Hoa International Hospital in Đồng Tháp Province.

VOF, belonging to VinaCapital, a leading investment management and real estate development firm, was an AIM-traded investment company established to target key growth segments in Vietnam.

Thái Hòa International Hospital established in Đồng Tháp province in 2009, is a general hospital that served healthcare demand in the Mekong Delta region. The hospital currently has 30 doctors, 200 beds that can treat 300,000 patient visits per year.

The hospital planned for more visits between 2016 and 2017 due to the government’s Private Partnership Program between public and private hospitals and the loosening of National Health Insurance regulations that will take effect in the second half of this year.

VOF placed Luong Ngoc An, who spent more than 20 years at Từ Dũ Hospital, one of the largest obstetrics in Việt Nam, to be the hospital CEO for the next stage of growth of the hospital.

As of the end of February, VOF was investing in Vinamilk, Sofitel Legend Metropole Hotel Ha Noi,  Hoa Phat Group, Eximbank, International Dairy Product, Khang Dien House, Hau Giang Pharmaceuticals, Petrovietnam Technical Services Corporation,  PetroVietNam Drilling and Well Services JSC, VinaLand Ltd.

Shares in VinaCapital Vietnam Opportunity closed at $2.5 on Monday in the London Stock Exchange. — VNS

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