Japan's IHW eyes 2.5 ha, world-class hospital project in northern Vietnam
Japan's International Healthcare and Welfare Group (IHW) is keen on building a 2.5-hectare, world-class hospital in the capital city's North Hanoi Smart City area.
Takagi Kuninori, chairman of IHW, made the statement at a meeting with Hanoi's Vice Chairman Nguyen Manh Quyen on Monday.
Kuninori expressed his desire to be granted 2.5 hectares of land in the North Hanoi Smart City to build a 200-bed hospital, inspired by IHW's prestigious medical facilities such as Sanno Hospital and Mita Hospital, which specialize in serving politicians and high-ranking figures in Japan.
The proposed hospital is expected not only to provide high-quality medical treatment and examination services but also act as a clinical training center, where doctors from other hospitals in Vietnam can study and improve their expertise.
Kuninori, however, noted that there is yet any planning for a hospital within the North Hanoi Smart City.
IHW Group representatives during a meeting with Hanoi People's Committee authorities on April 28, 2025. Photo courtesy of Kinh te Do thi (Economy & Urban Area) newspaper.
In response, Hanoi's Vice Chairman Quyen said that the project not only has economic significance but also is a symbol of medical cooperation between Vietnam and Japan.
He added that Hanoi will conduct a review and then respond to IWH Group's proposal.
Previously, in discussions with Nguyen Thi Nga, chairwoman of BRG Group, Kuninori was introduced to a 11-hectare plot of land about 1.5 km away from the area which is suitable for building a hospital or a school, local media reported.
However, IHW reportedly prioritizes building a hospital within the North Hanoi Smart City area to take advantage of its strategic location.
Vietnam's BRG Group and Japan's Sumitomo Group in mid-2017 signed a deal to jointly develop the North Hanoi Smart City project on an area of over 270 hectares in the three communes of Vinh Ngoc, Hai Boi, and Kim No of Dong Anh district. The project has investment capital of about $4.2 billion.
The North Hanoi Smart City project will have a 108-storey financial tower, residential-office buildings, and villas. Of which, the 108-storey financial tower, set to become the tallest building in Vietnam, is considered the center of the project.
On November 11, 2023, North Hanoi Smart City Development Investment JSC (NHSC) - a joint venture between BRG Group and Sumitomo Group - officially announced the implementation of the project. It is located next to Nhat Tan bridge, which connects inner Hanoi with Noi Bai International Airport.
It will be implemented over nine years and in five phases, with phase 1 covering 72.7 hectares, phase 2 (67.5 hectares), phase 3 (65.7 hectares), phase 4 (30.2 hectares), and phase 5 (35.3 hectares), and is set to complete in the final quarter of 2032.
- Read More
50 years of Gamuda Berhad and its urban development journey in Vietnam
Celebrating 50 years of establishment and growth, Gamuda Berhad – one of Malaysia’s leading infrastructure and urban development groups – has evolved from an infrastructure specialist into an integrated urban developer with a growing presence across Asia.
Real Estate - Sun, June 14, 2026 | 11:21 am GMT+7
Industrials, technology top Vietnamese sectors in M&A transaction volume
Vietnam’s M&A market recorded 24 transactions in May, with industrials, technology and healthcare sectors being the most active sectors in terms of transaction volume, writes Grant Thornton analysts.
Consulting - Sun, June 14, 2026 | 9:00 am GMT+7
Top Vietnamese garment maker Vinatex's H1 profit rises 14%, weak order visibility clouds outlook
Vietnam National Textile and Garment Group (UPCoM: VGT) reported consolidated profit growth of 14.4% in the first half of 2026, driven by a strong recovery in its yarn business, even as weakening global demand and uncertainty over U.S. trade policy cast a shadow over the sector’s outlook.
Companies - Sun, June 14, 2026 | 8:00 am GMT+7
Gamuda Land Vietnam recognized among Top 10 Enterprises Pioneering Green Transformation 2025-2026
Gamuda Land Vietnam has been recognized as one of the “Top 10 Enterprises Pioneering Green Transformation 2025-2026” at the 25th Golden Dragon Awards.
Companies - Sat, June 13, 2026 | 7:45 pm GMT+7
T&T pushes ahead with $97 mln industrial park project, eyes new urban area projects in northern Vietnam
Vietnamese conglomerate T&T Group is seeking to accelerate five projects in Bac Ninh while proposing two new developments in this northern province.
Infrastructure - Sat, June 13, 2026 | 7:09 pm GMT+7
VinFast guns for 300,000 EV deliveries in 2026, spins off manufacturing operations
VinFast, the EV arm of Vietnamese conglomerate Vingroup (HoSE: VIC) targets at least 300,000 electric vehicle deliveries globally this year, up 52% year-on-year, while pursuing a restructuring plan aimed at improving capital efficiency, according to a report by Vietcap Securities.
Companies - Sat, June 13, 2026 | 3:07 pm GMT+7
Vietnam economy resilience amid cost pressures, external strains: UOB
The VND has stabilized in recent weeks, trading in a range of VND26,291-26,372 per U.S. dollars in April-May, well within the State Bank of Vietnam’s ±5% band. In a report released on Friday, UOB analysts say on balance, they retain a gradual depreciation bias for the USD/VND, with updated forecasts of 26,500 in Q3/2026, 26,400 in Q4/2026, 26,300 in Q1/2027, and 26,100 in Q2/2027.
Consulting - Sat, June 13, 2026 | 11:49 am GMT+7
Vietnam Politburo issues resolution on FDI sector development
The Politburo, Vietnam's highest decision-making body, has issued a resolution that establishes a new mindset in developing the FDI sector.
Economy - Sat, June 13, 2026 | 8:17 am GMT+7
Japan’s Meiko breaks ground on $500 mln electronic circuit plant in northern Vietnam
Japanese electronics manufacturer Meiko Group on Friday broke ground on a $500 million electronic circuit plant in northern Vietnam, underscoring the country’s growing role in global technology supply chains and advanced manufacturing.
Investing - Fri, June 12, 2026 | 4:06 pm GMT+7
Vietnam's EVN discusses energy investment opportunities with Thailand's Gulf Energy
Vietnam Electricity (EVN) chairman Dang Hoang An met executives from Thailand's Gulf Energy in Hanoi on Wednesday to discuss the company's investment plans and the development of energy projects in Vietnam.
Energy - Fri, June 12, 2026 | 3:59 pm GMT+7
Three developers commit nearly $570 mln to free trade zone in central Vietnam
Authorities in Vietnam’s central city of Danang has approved over VND15 trillion ($569.7 million) of investment for three infrastructure projects at its newly established free trade zone (FTZ).
Infrastructure - Fri, June 12, 2026 | 12:36 pm GMT+7
PV Gas imports nearly 120,000 metric tons of LNG, LPG amid peak energy demand
PV Gas, a subsidiary of state-owned Petrovietnam, has received nearly 120,000 metric tons of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) as it moves to secure fuel supplies against rising domestic energy demand and volatile global markets.
Companies - Fri, June 12, 2026 | 12:20 pm GMT+7
Vietnam government seeks assurances from TKG Taekwang over $2.2 bln power project
Vietnam's Standing Deputy Prime Minister Pham Gia Tuc has asked South Korea's TKG Taekwang Group to clarify its commitment to moving ahead with the long-delayed Nam Dinh 1 build-operate-transfer (BOT) thermal power project, with a particular focus on financing arrangements, carbon-emission reduction technology and a specific construction timeline.
Energy - Fri, June 12, 2026 | 9:06 am GMT+7
CIP, Fecon propose 1-GW Lao wind farm to export power to Vietnam
Danish renewable energy developer Copenhagen Infrastructure Partners (CIP) and Vietnamese contractor developer Fecon have proposed co-developing a 1-GW onshore wind project in Laos to export electricity to Vietnam, as the two companies seek to capitalize on growing regional demand for clean energy.
Energy - Thu, June 11, 2026 | 9:40 pm GMT+7
What did Sun Group propose during meeting with Thai Prime Minister?
Sun Group has proposed several strategic pillars of cooperation between businesses of Vietnam and Thailand, aiming to strengthen bilateral economic ties.
Companies - Thu, June 11, 2026 | 8:17 pm GMT+7
Vietnam Livestock Corp sells beef production complex to its Japanese-backed joint venture for $45 mln
Vietnam Livestock Corporation JSC (UPCoM: VLC) has approved the sale of a large-scale beef production complex in northern Vietnam to its joint venture - Japan Vietnam Livestock Company Limited (JVL) - for VND1.17 trillion ($44.56 million).
Companies - Thu, June 11, 2026 | 3:49 pm GMT+7




















