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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Friday, July 25, 2025

FV Hospital in HCMC to be acquired by Thomson Medical Group

By Le Hoang

Must read

HCMC – Thomson Medical Group, led by Singaporean billionaire Peter Lim, has cut a deal to acquire the company holding the shares of FV Hospital in HCMC for a value of US$381.4 million, reported international media.

This marks the largest merger and acquisition (M&A) transaction in Vietnam’s healthcare sector to date.

As part of the agreement, Thomson Medical Group will take the 100% stake in Far East Medical Vietnam Limited, which holds shares in various healthcare facilities in Vietnam, including FV Hospital and a network of primary and specialist clinics.

In a recent press release, the Singaporean firm announced that it would provide an upfront payment of US$359.6 million and an additional amount of US$21.8 million if FV meets certain reputation standards.

The transaction will be funded through Thomson Medical Group’s own capital and borrowings, according to the Singaporean group.

Established in 2003 by French physicians, FV Hospital offers a wide range of medical specialties at its 220-bed flagship hospital. Additionally, FV operates an outpatient clinic in the heart of HCMC. Apart from serving the local population, FV caters to patients from neighboring countries such as Cambodia, Laos and Myanmar.

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