Mekong Enterprise Fund IV (MEF IV), part of Mekong Capital, has invested in TNH Hospital Group Joint Stock Company, becoming a shareholder, aimed at enhancing access to affordable healthcare in Vietnam.
Headquartered in Thai Nguyen City, TNH has expanded with a modern hospital system across several locations.
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TNH board of directors chairman Dr Hoang Tuyen said: “The partnership with Mekong Capital marks an important milestone in TNH’s development strategy.
“With extensive experience in finance and investment, Mekong Capital will accompany TNH in expanding business, optimising operations, and improving healthcare service quality.”
TNH operates 700 licensed hospital beds and employs over 800 staff, including more than 600 medical professionals.
The group’s senior leadership includes Hoang Tuyen, chairman of the board of directors; and general director Le Xuan Tan.
TNH’s facilities include the Thai Nguyen International Hospital with 400 beds, Yen Binh Thai Nguyen General Hospital with a 300-bed capacity, and TNH Viet Yen Hospital in Bac Giang with another 300 beds.
Its long-term strategy is to evolve into a healthcare ecosystem, offering services ranging from medical examination and treatment to proactive healthcare, rehabilitation, preventive medicine and medical personnel training.
The group envisions establishing an international standard hospital system by 2030 with smart hospital models to optimise experiences of customers and enhance community service value.
It also aims to expand to ten general and specialised hospitals across the country, providing 3,000 hospital beds, and catering to 1.6 million patient visits a year.
Mekong Capital founder and partner Chris Freund said: “We have spent more than ten years looking at potential hospital investments and couldn’t find the right one – until now.
“The senior leadership of TNH, led by the chairman Dr Tuyen, and CEO Dr Tan, have created a bold vision for the future of TNH, which Mekong Capital is really excited to be part of.”
