FV HOSPITAL and O2 Healthcare have partnered to establish a surgical centre in Vietnam, which began operations on Thursday (Aug 15).
FV Hospital is the first 100 per cent foreign-invested hospital in the country, and is owned by mainboard-listed Thomson Medical.
O2 Healthcare, a lung specialist group based in Singapore, is a subsidiary of Catalist-listed OUE Healthcare.
Representatives of Thomson Medical declined to provide details on the partnership, citing business confidentiality.
The centre, which is billed as the first regional thoracic surgery centre in Vietnam, is located at FV Hospital in Ho Chi Minh City but also aims to serve patients from Cambodia, Laos, and Myanmar.
The tie-up will enable more Singapore doctors to offer specialised treatments in an underserved part of the region.
Dr Su Jang Wen, a cardiothoracic surgeon and lung cancer specialist from O2 Healthcare, will lead the treatments.
Thomson Medical announced the acquisition of Far East Medical Vietnam, the owner and operator of a range of healthcare facilities in Vietnam, including FV Hospital, in July 2023 for a consideration of up to US$381.4 million. The transaction was completed in January 2024.
Shares of Thomson Medical closed up 2 per cent or S$0.001 at S$0.05, and shares of OUE Healthcare ended flat at S$0.027 on Thursday, before the news.
