The health sector attracts foreign investment, an opportunity to improve the quality of health care for Vietnamese people.

Vietnam is becoming a destination for global investors due to the increasing demand for healthcare. In the first eight months of the year, the total value of mergers and acquisitions in the healthcare sector in Vietnam reached 4.8 billion USD.

According to Associate Professor Dr. Dang Duc Nhu, an expert in the field of M&A, sharing about foreign investment capital in Vietnam - Photo: D.LIEU

On November 21, the first International Conference on Mergers and Acquisitions (M&A) in the Healthcare Industry 2025 (HIMA 2025) was held in Hanoi.

Sharing at the conference, Mr. Nguyen Toan Thang, Deputy Chief of Office of the Ministry of Health , said that by 2030, the Vietnamese health sector aims to expand public health care and improve the quality of medical examination and treatment services.

Along with that, promoting administrative reform, transparent procurement, increasing domestic capacity to produce medical equipment and expanding international cooperation are factors that will help Vietnam become a more reliable destination for foreign investment capital.

According to Associate Professor Dr. Dang Duc Nhu, an expert in the field of M&A, the period 2020-2021 witnessed a global M&A boom in the healthcare sector, with transaction value in the first half of 2021 reaching 330 - 340 billion USD. After a period of stagnation in 2022-2024, the world market began to recover from the end of 2024, reaching 115 - 120 billion USD in the first half of 2025.

In Vietnam, in the first 8 months of 2025, the total value of M&A reached 4.8 billion USD, up 21% over the previous year. The average deal size increased to 42 million USD.

Investment deals in the pharmaceutical sector, clinic chains, hospitals, etc. aim to expand scale and improve the quality of medical examination and treatment services.

According to Mr. Nhu, the attractiveness of Vietnam's healthcare comes from factors such as a rapidly aging population, with the elderly accounting for 20%; a middle class expected to exceed 23 million people by 2030; and a sharp increase in demand for high-quality healthcare in both urban and rural areas.

The rapidly growing private sector, coupled with the government's open-door and reform policies, has made the market even more attractive to international investors.

Experts say foreign businesses come to Vietnam not only for growth, but also for three important goals.

First, expanding the healthcare ecosystem. Vietnam has a rapidly growing network of private hospitals, clinics, pharmacies and pharmaceutical distribution.

Second, access to a market of nearly 100 million people that is changing health care habits.

Third, finding opportunities to accompany the healthcare sector during the period when Vietnam is reforming procedures, making licensing transparent, investing in digital transformation and promoting equipment production is a suitable environment for businesses wanting to invest long-term.

Mr. Thang said that in the context of international capital flows looking for new destinations, mergers and acquisitions are considered an opportunity to help the Vietnamese healthcare ecosystem develop rapidly and approach international standards.

But to do that, Mr. Thang said the market needs to be more transparent, the appraisal process needs to be more standardized and the management capacity of enterprises needs to be improved.

WILLOW

Source: https://tuoitre.vn/nganh-y-te-hut-von-dau-tu-nuoc-ngoai-co-hoi-nang-cao-chat-luong-cham-soc-suc-khoe-nguoi-viet-20251121124922004.htm