Health equipment supplier Viet My Hospital incurs heavier loss in H1
Viet My Hospital Investment JSC, a medical equipment provider, incurred VND4.8 billion ($195,120) in net loss in the first half of this year, widening from a loss of VND4.3 billion ($174,800) in the same period last year.
The business recorded losses of VND1.4 billion ($57,000) in 2023 and VND14.4 billion in ($585,370) in 2021. It posted a net profit of VND3.84 billion ($156,100) in 2022.
Viet My Hospital Investment JSC focuses on medical equipment supply. Photo courtesy of CME Corp.
As of end-June, the firm posted total assets of VND410.4 billion ($16.68 million), down 8.5% from the start of 2024. Its owner’ equity decreased 1.72% to VND285 billion ($11.6 million) and liabilities declined 20.9% to VND125.4 billion ($5.1 million). Its corporate bond debt stood at VND125 billion.
According to data from the Hanoi Stock Exchange (HNX), Viet My Hospital Investment JSC currently has a single bond batch, BVVM.BOND.2021, issued on January 7, 2021 with a total value of VND200 billion ($8.13 million). It will mature on January 7, 2026.
Founded in 2017 with an initial charter capital of VND300 billion ($12.2 million), Viet My Hospital Investment JSC used to be 98% held by Vietnamese firm Japan Kanpeki JSC, 1% by Le Duc Khanh, and 1% by Nguyen Thi Quynh Anh.
Hanoi-based Japan Kanpeki has a charter capital of VND200 billion ($8.13 million) and once had Nguyen Phuong Hanh as its director and legal representative.
Hanh is related to Dang Nhi Nuong, chairwoman of the American Vietnamese Biotech Inc., also known as Amvi Biotech Inc. (HNX: AMV). In mid-2017, AMV acquired 25 million shares or an 83.33% stake of Viet My Hospital Investment JSC. Since then, AMV remains the parent company of Viet My Hospital.
- Related News
- Read More
Trinh Van Tuan: The man behind PC1’s rise and the unexpected turn at the end of his career
Trinh Van Tuan’s career reflects the rise of an engineer-turned-businessman who helped expand PC1 into one of Vietnam’s notable infrastructure and energy groups. But at the closing stage of his career, an unexpected legal turmoil is now casting uncertainty over the future not only of Tuan himself, but also of the company shaped by his influence for more than 20 years.
Companies - Mon, May 18, 2026 | 8:17 am GMT+7
Chinese giant explores infrastructure, agriculture, education opportunties in central Vietnam
Su Shang Construction Group Co., Ltd., a major Chinese infrastructure developer, has expressed interest in investing in several large-scale infrastructure projects in Vietnam’s central province of Gia Lai under the financing-engineering-procurement-construction-operation (FEPCO) model.
Industries - Sun, May 17, 2026 | 6:08 pm GMT+7
13 investors eye major stakes in state-controlled beer maker Viet Ha
As many as 13 domestic investors eye major stakes in Viet Ha Investment and Trading JSC, owner of the long-established Viet Ha beer brand and controlled by the Hanoi People's Committee.
Companies - Sun, May 17, 2026 | 11:13 am GMT+7
HCMC targets mega-city of 22 mln people with ‘one-hour mobility’ vision
Ho Chi Minh City is targeting a population of 20-22 million by 2050 and aims to become one of the world’s most livable cities, as Vietnam’s largest economic hub pursues an ambitious transformation into a multi-centered mega-city supported by modern transport infrastructure and a maritime-driven economy.
Economy - Sun, May 17, 2026 | 9:00 am GMT+7
Southeast Asia’s largest iron ore mine set for $3 bln revival after 15 years in limbo
After remaining dormant for 15 years, Vietnam’s Thach Khe iron ore mine is set for a major restructuring that could pave the way for a new VND80,000 ($3.04 billion) mining and steel complex aimed at producing high-quality steel products instead of exporting raw ore.
Industries - Sun, May 17, 2026 | 8:00 am GMT+7
JC&C-backed REE’s longtime chairwoman to step down as son takes CEO role
Ho Chi Minh City-based utility firm Refrigeration Electrical Engineering Corp (HoSE: REE) is reshaping its leadership structure in a transition that marks the gradual handover of executive responsibilities to a younger generation.
Companies - Sat, May 16, 2026 | 6:13 pm GMT+7
Vietnam fines Shopee for misleading free shipping promotion
Vietnam’s competition authority has fined e-commerce platform Shopee VND200 million ($7,590) for providing misleading information to consumers in promotional campaigns.
Companies - Sat, May 16, 2026 | 4:48 pm GMT+7
Vietnam Deputy PM requests study of VAFIE proposals to build ‘leading’ economic groups
Vietnam’s Deputy Prime Minister Nguyen Van Thang has instructed ministries and state agencies to study recommendations from the Vietnam's Association of Foreign Invested Enterprises (VAFIE) on developing “leading” economic groups aimed at fostering large domestic corporations capable of competing regionally and globally.
Companies - Sat, May 16, 2026 | 1:03 pm GMT+7
Vietnam funds lag benchmark despite VN-Index hitting record highs
Vietnam’s benchmark VN-Index has surged to successive record highs in recent weeks, but many of the country’s largest investment funds have significantly underperformed the market, with some still posting negative returns for the year.
Finance - Sat, May 16, 2026 | 9:36 am GMT+7
Vietnam developer Hung Thinh Incons targets 3.5-fold revenue growth despite weak start to 2026
Ho Chi Minh City-headquartered Hung Thinh Incons has set a target to more than triple revenue in 2026 as the builder bets on public investment spending and a recovery in Vietnam’s construction market, despite continued pressure on its business performance.
Companies - Sat, May 16, 2026 | 8:00 am GMT+7
Vingroup to hire 20,000 workers for $35 bln Hanoi sports urban project
Vietnamese conglomerate Vingroup (HoSE: VIC) has announced the first-phase recruitment of over 20,000 workers for its massive Olympic Sports Urban Area project and other developments in Hanoi.
Companies - Fri, May 15, 2026 | 9:20 pm GMT+7
EVN eyes floating solar projects in central Vietnam
EVNGENCO1, a subsidiary of Vietnam’s state-owned utility Vietnam Electricity (EVN), is looking to invest VND4.4 trillion ($167 million) in three floating solar power projects in the central province of Lam Dong, expanding its push into renewable energy as Vietnam accelerates efforts to diversify electricity supply and cut carbon emissions.
Energy - Fri, May 15, 2026 | 3:53 pm GMT+7
Philippines' Jollibee earns over $16 mln from fried chicken, coffee chains in Vietnam in Q1
he Philippines’ Jollibee Foods Corporation (JFC) earned an EBITDA (earnings before interest, taxes, depreciation, and amortization) of over PHP1 billion ($16.2 million) from its fried chicken chain Jollibee and Highlands Coffee chains in Vietnam in Q1/2026.
Companies - Fri, May 15, 2026 | 3:42 pm GMT+7
Vietnam’s rapid growth in Asia-Pacific drives demand for higher operational standards: Savills
Being ranked among the Top 20 APAC Growth Hubs reinforces Vietnam’s appeal as a destination for international businesses, accelerating office expansion and multi‑site occupancy by regional and global tenants, write Savills Vietnam analysts.
Economy - Fri, May 15, 2026 | 3:33 pm GMT+7
Carlsberg Vietnam recognized with prestigious international, domestic honors
As expectations around sustainability continue to evolve, recognition for businesses is no longer driven by short-term outcomes, but by how they operate, adapt, and create value over time.
Companies - Fri, May 15, 2026 | 3:21 pm GMT+7
PV Drilling signs jack-up rig contract with Zarubezhneft EP Vietnam
PV Drilling, a subsidiary of state-owned Petrovietnam, has signed a contract to provide a jack-up drilling rig for Zarubezhneft EP Vietnam's development drilling campaign at the Thien Nga-Hai Au field in Block 12/11 offshore Vietnam.
Companies - Fri, May 15, 2026 | 2:03 pm GMT+7
