Australian developer interested in building Binh Duong cancer hospital

By Van Truong
Sun, September 11, 2022 | 7:58 am GTM+7

Australian property developer Commercial & General has expressed interest in constructing a state-of-the-art cancer hospital in the industrial province of Binh Duong, which borders Ho Chi Minh City.

The company’s executive chairman, Jamie McClurg, met with Binh Duong chairman Vo Van Minh earlier this week to discuss healthcare investment opportunities.

He said his company wanted to join hands with Binh Duong-based industrial property developer Becamex IDC to build a modern cancer hospital in the southern province.

The Adelaide-headquartered firm also has an interest in building commercial centers, McClurg said, adding that it has a project portfolio in excess of $2 billion in end value.

Calvary Adelaide Hospital, built by Commercial & General, in Adelaide city, Australia. Photo courtesy of the company.

Calvary Adelaide Hospital, built by Commercial & General, in Adelaide city, Australia. Photo courtesy of the company.

To date, Binh Duong’s administration has set aside 50 hectares for healthcare projects, with 20ha in Thu Dau Mot town for national-level hospitals, and the other 30ha in Bau Bang district for a future medical university. At present, a VND2.3 trillion ($97.8 million), 1,500-bed hospital is under construction in the town.

On May 25-26, 2022, the Vietnamese Embassy in Australia, Binh Duong administration and Becamex organized an investment promotion event in Adelaide city. Becamex had signed a memorandum of understanding on cooperative ventures with Commercial & General.

Becamex is a leading industrial real estate developer in Vietnam. The corporation is the Vietnamese partner in the Vietnam-Singapore Industrial Park Joint Venture (VSIP) with Singapore’s Sembcorp Industries. The joint venture has developed eight industrial parks across Vietnam.

Binh Duong is one of the biggest manufacturing bases in southern Vietnam, along with HCMC and Dong Nai.

Comments (0)
  • Read More
Dollar up again after slight drop

Dollar up again after slight drop

The dollar at commercial banks has risen against the Vietnamese dong after a slight decrease late last week.

Banking - Mon, September 26, 2022 | 11:05 am GTM+7

Vietnam offers region’s lowest solar energy costs: renewables body

Vietnam offers region’s lowest solar energy costs: renewables body

Vietnam has the lowest levelized cost of solar energy in Southeast Asia, the International Renewable Energy Agency (IRENA) says in its latest major energy-transition publication.

Energy - Mon, September 26, 2022 | 9:58 am GTM+7

Three military airports may include civilian operations: Deputy PM

Three military airports may include civilian operations: Deputy PM

The government is considering turning three military airports in Ninh Thuan, Dong Nai and Hanoi into military-civil airports.

Infrastructure - Sun, September 25, 2022 | 8:42 pm GTM+7

Heineken opens Southeast Asia’s biggest brewery in southern Vietnam

Heineken opens Southeast Asia’s biggest brewery in southern Vietnam

Heineken Vietnam inaugurated an expanded brewery in Ba Ria-Vung Tau province Saturday, saying it was the the biggest in Southeast Asia and used 100% renewable energy.

Industries - Sun, September 25, 2022 | 8:12 pm GTM+7

Agriculture major Hoang Anh Gia Lai suspends $72 mln share issuance

Agriculture major Hoang Anh Gia Lai suspends $72 mln share issuance

Hoang Anh Gia Lai JSC (HAGL) has suspended registration documents for a private placement of shares worth VND1,700 billion ($71.7 million) that it had submitted to the State Securities Commission.

Companies - Sun, September 25, 2022 | 5:42 pm GTM+7

Three Vietnamese carriers among world's top 100 airlines

Three Vietnamese carriers among world's top 100 airlines

Vietnam Airlines, Bamboo Airways and Vietjet Air have been honored with titles in different categories by UK-based air transport rating organization Skytrax.

Travel - Sun, September 25, 2022 | 3:53 pm GTM+7

Northern, central provinces prepare for supertyphoon Noru arrival

Northern, central provinces prepare for supertyphoon Noru arrival

Northern and central provinces have been told to prepare for supertyphoon Noru, which is heading in a northwest direction with wind speeds of up to 183 km per hour.

Society - Sun, September 25, 2022 | 3:35 pm GTM+7

Expensive HCMC apartments in large supply

Expensive HCMC apartments in large supply

More and more luxury and high-end apartment projects have appeared in Ho Chi Minh City, Vietnam’s southern economic hub, with prices exceeding VND200 million ($8,400) per square meter in some cases.

Real Estate - Sun, September 25, 2022 | 10:12 am GTM+7

HCMC anti-smuggling cop in the dock for smuggling

HCMC anti-smuggling cop in the dock for smuggling

Hoang Duy Tien faces prosecution for overseeing the smuggling of goods worth VND211 billion ($8.9 million) when he was an officer with the HCMC economic police division.

Society - Sun, September 25, 2022 | 8:34 am GTM+7

Long Thanh Airport police station opens on construction site

Long Thanh Airport police station opens on construction site

A police station has been set up at the Long Thanh International Airport construction site in Dong Nai province to ensure security and traffic safety.

Society - Sun, September 25, 2022 | 8:18 am GTM+7

Work begins on HCMC Ring Road 3 section

Work begins on HCMC Ring Road 3 section

Construction began Saturday on an 8.7-kilometer section of Ho Chi Minh City's Ring Road 3 that is set for completion in three years.

Infrastructure - Sat, September 24, 2022 | 9:07 pm GTM+7

VN-Index loses 31 points in week of US interest rate hike

VN-Index loses 31 points in week of US interest rate hike

Vietnam’s benchmark VN-Index decreased to the area close to 1,200 points at the end of this week, down 31 points following the U.S. Federal Reserve’s mid-week interest rate hike of 75 percentage points.

Finance - Sat, September 24, 2022 | 5:02 pm GTM+7

Four Phu Quoc Island hotels win best titles in Asia

Four Phu Quoc Island hotels win best titles in Asia

Four hotels on Phu Quoc Island, namely Novotel, Pullman, New World and JW Marriott, were honored Thursday at Haute Grandeur Global Hotel Awards with titles in different categories.

Travel - Sat, September 24, 2022 | 4:18 pm GTM+7

European training for Vietnam football talents

European training for Vietnam football talents

Phat Dat Real Estate Development Corporation has become a key sponsor of a strategic cooperation in developing young football talents in Vietnam.

Companies - Sat, September 24, 2022 | 3:44 pm GTM+7

Deposit rates surge after central bank raises rate ceiling

Deposit rates surge after central bank raises rate ceiling

A slew of small- and medium-size commercial banks have hiked their deposit interest rates by 0.3-1 percentage points after the State Bank of Vietnam raised the deposit rate ceiling Friday.

Banking - Sat, September 24, 2022 | 3:10 pm GTM+7

Remove bottlenecks, facilitate FDI flows among Mekong Subregion: experts

Remove bottlenecks, facilitate FDI flows among Mekong Subregion: experts

Greater awareness of the opportunities and required policy support are key to expanding the scale, quality and speed of foreign investment in the Mekong Subregion, experts say.

Economy - Sat, September 24, 2022 | 1:24 pm GTM+7