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Warburg Pincus invests in private hospital group Xuyen A in Vietnam

16 April 2024 | News

Private healthcare sector in Vietnam presenting a tremendous opportunity for outsized growth

Warburg Pincus, a leading global growth investor, has announced its investment in Xuyen A, a leading private tertiary general hospital group in Vietnam. Warburg Pincus is the largest global private equity investor in Vietnam and its investment in Xuyen A underscores the firm’s focus on the country’s rapidly emerging healthcare sector.

Xuyen A, which celebrates its 10th anniversary of establishment this year, owns and operates a portfolio of four large-format, multi-specialty tertiary hospitals situated in densely populated cities in Southern Vietnam, including its flagship hospital located in Cu Chi District, Ho Chi Minh City. Xuyen A was founded and is led by Dr Nguyen Van Chau who built the hospital group from the ground up through greenfield development. Xuyen A has built a reputation for medical excellence over the years and has strived to provide high-quality medical care at affordable prices.

Dr Nguyen Van Chau, Founder and CEO of Xuyen A, said, "Together with Warburg Pincus, Xuyen A will continue to explore opportunities to enhance our care offering, scale up through further greenfield or brownfield development, and strengthen our medical team.”

As Xuyen A continues to make strides in expanding its range of treatments and intensifying its focus on specialty care, the hospital group has announced the launch of a new oncology centre of excellence at its flagship hospital, becoming one of the few private hospital groups in Ho Chi Minh City to offer a full suite of oncology services including chemotherapy, radiotherapy, and surgical oncology.

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