HCM City (VNA) – The Vietnam Opportunity Fund(VOF), managed by VinaCapital Group, on August 31 announced its 25-million-USDinvestment in the Tam Tri Medical Group, which owns four private hospitals inDa Nang, Nha Trang city, Ho Chi Minh City and Dong Thap province.
With the investment, VOF is now the biggest shareholder of TamTri, which in turn can use the funding to purchase new equipment, expand its ownhospitals and acquire new ones.
Andy Ho, chief investment officer of VincaCapital, notedVietnamese are estimated to spend more than 2 billion USD on healthcareservices overseas, which offers a great opportunity for high-quality medicalfacilities at home.
He said VincaCapital believes Tam Tri is capable of seizingsuch opportunity.
CEO of Tam Tri Medical Group Nguyen Huu Tung said thecooperation with VincaCapital will help the group develop itself into a leadinghealthcare system in Vietnam.
Tam Tri Group now has 700 medical staff and accommodates 500beds. The company, growing at a rate of 30 percent on an annual basis, iseyeing a nationwide expansion, with a focus on Ho Chi Minh City, the centraland southern regions, particularly the Mekong Delta.-VNA