TH Group cement co-operation with Japanese partner

TH Group, a large Vietnamese fresh milk producer well known for its TH true MILK brand, has expanded its business and investment co-operation with Japanese partner in the medical and health care sector.

TH Group cement co-operation with Japanese partner (throughout the whole story i wasn't sure if they expand cooperation or start it...)
TH Group and ITEC from Japan signed the MoU during PM Nguyen Xuan Phuc's official visit to Japan

On June 5, 2017, the group’s TH International Medical Development Joint Stock Company inked a memorandum of understanding (MoU) with Japan’s International Total Engineering Corporation (ITEC) to develop a 40-hectare high-tech health care complex in Hanoi.

The signing was conducted on the occasion of Prime Minister Nguyen Xuan Phuc’s June 4-8 official visit to Japan.

ITEC, the first health service management consultancy firm in Japan, was established in 1981 to meet the drastic changes taking place in the Japanese healthcare field.

Under the MoU, ITEC will co-operate with TH Group in supplying management, operation, and human resources training services for the Hanoi complex. All doctors and nurses of the complex will receive ITEC training.

The 50-year project, expected to be the most modern healthcare facility in Vietnam, will include four main areas.

The first area embraces an e-hospital/centre, which will be specialised in early diagnosis through electronic chips, which will help monitor the expansion of diseases four months in advance.

This hospital also offers electronic medical records, allowing doctors quick access to patients’ information to choose the most suitable treatment methods. This will help patients save time and costs significantly.

The second area will be a five-star hospital equipped with the world’s most modern treatment technology. Notably, this hospital will house a centre specialised in the early diagnosis and treatment of cancer. Within several hours, the centre can successfully test for 11 types of cancer. This area’s first stage is expected to have about 300 beds, which will be raised to 1,000 beds in the second stage.

The third area will encompass a sanatorium and a rehabilitation centre using Western and Vietnamese treatment methods. The facility will be surrounded by green trees and offer complete comfort for recuperating patients.

In addition, the complex will also be home to a special centre specialised in medical consultancy as well as research and development.

Thai Huong, chairwoman of TH Group, said that the project is “aimed to build an exemplary, international-standard health care model, with the best services made available for patients.”

“We want to co-operate with Japanese partners in the sectors of high-tech agriculture, processing technology, and health care,” she said.

ITEC president Johtaro Seki also stated that, “I believe ‘trust’ is the most important element of our business, because trust can only be gained through satisfactory results of professional consulting services. We will continue to make every effort to provide the very best services to clients in the corporate spirit of self-discipline, reinvention, and creativity.”

Nguyen Duc Chung, Chairman of the Hanoi People’s Committee, recently granted TH Group a land title-deed for the project. Construction is expected to last for three years and to start within 2017.

Since 2009, TH Group has also been operating a $1.2-billion, 37,000-ha high-tech concentrated dairy and fresh milk production project in the central province of Nghe An’s Nghia Dan district.

Besides, while constructing a similar $2.7-billion project in Russia, TH Group is also considering the construction of another similar, major project in the Republic of Bashkortostan, a federal subject of Russia.

“We will also continue providing investment consultancy for many other projects involving safe vegetables, fruits, fish and meat, medical herbs, and forest plantation. They will not only benefit investors, but also the society,” Thai Huong said.

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