Download Hospital Project Profile 1 Name of project Thanh Thi Hospital 2 code

HOANG LONG GROUP
Add: 283 An Duong Vuong, Ward. 13 Dist. 5, Ho Chi Minh City, Vietnam
Phone: +84 8 3 830 2514 Fax: +84 8 3 830 2538
Email: [email protected] - Website: www.hoanglonggroup.com
Hospital Project Profile
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Name of
project
code
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Objective
of project
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Form of
investment
Thanh Thi Hospital
HLG01
 Build up a luxurious hospital to mainly serve babies and pregnant women in Ho Chi Minh City,
the biggest city in Vietnam and neighboring provinces in Mekong Delta. And additional services
that can be included cosmetic surgery.
 Contribute to improvement of Vietnamese social life.
 Attract foreign and domestic investment capital and creating jobs for local people.
BCC:
JVC: 
100 % FOC:
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Decree No. 36/1997/ND-CP of Prime Minister merely allowed to invest in
the form of Joint venture
Estimated
investment
capital
$US 21,750,000
Value of land use right
Vietnamese
Party
contribution
Costs for investment preparation
Design of project, geological study, water
exploratory, investment license
Cash
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Project Scale
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Others
Cash
Foreign Party
contribution
Value of transportation roads, water, electricity system
Value of technological transfer (if any)
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Project
duration
Vietnamese
partner
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Others
3 Land area
4,230 m2
4 GFA
16,031 m2 (7 floors)
It is anticipated that within 20 years the project will achieve reasonable profit, investors will recover
investment capital, and the project will become cost effective.
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Name of Vietnamese Partner: Hoang Long Group
- Head office: 68 Nguyen Trung Truc, Ben Luc Dist Long An Province, VN
- Represented by: Mr. Pham Phuc Toai
- Position: Chairman & CEO
- Phone: +84 72 3 872 848
Contact
- Fax: +84 72 3 655 335
address
- Email: [email protected]
Scope of business: Construction & Real estates, Taxi Transportation, Seafood processing,
Tobacco, Shipping & Logistics, Natural Resources Exploitation.
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Ability:
- Charter capital: $US 16,118,932
- Number of member companies : 7
- Being able to mobilize abundant capital for hospital project
- Having experienced technical staff, management team and ability to implement and manage big
projects
- Date of establishment: Oct 23, 1999
-Business registration Certificate No. 5003000180 issued by Long An
provincial Investment and Planning Department on Feb 2,2007)
-Number of officials and staffs: 1,500 people
- Cooperating with partners who has experiences in design consultancy and construction
- Having full ability and strong finance for stable a n d sustainable development
- Having ability to mobilize capital from investment funds and international banks
- Cooperating and associating with Vietnamese partners to establish Joint stock companies operating in
investment and construction/healthcare fields
Description project’s site:
Thanh Thi hospital is situated in Phu My Hung, the 600-ha new urban area in Dist 7, Ho Chi
Minh City, Vietnam. And It is a part of the New City Center Project « Saigon South », which is
the first step in the envisioned expansion of Ho Chi Minh City's growing metropolis. The area is
expected to become a center for international finance, trade, accommodation, entertainment,
cultural, scientific, and high technological and tourism development in Vietnam. This urban plan
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will accommodate future demands and a projected increase of population to 10 million people
over the next decade. The World Bank featured Phu My Hung as an example of a sustainable
development project. The urban area is built in harmony with the surrounding areas, dominated
by trees, canals. Circa 50,000 people are already living in the area and many companies like
Unilever and Manulife have also moved their Vietnam headquarters to this new city center.
Company’s
background
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Wishes towards
foreign
partners
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Location
of project
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Advantage
Of city
And region
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Land rental or price of land used right to capital contribution:
According to the agreement of the joint venture and the State's regulations of land rental
stipulated in Decision 189/2000/QD-BTC dated 24 November 2000 of Ministry of Finance; Land
Law 2003; Decree 181/2004/ND-CP dated 29 October 2004 and Decree
188/2004/ND-Cp dated 16 November 2004 of The Prime Minister.
Area of City
2,095 km2
Population of
- Population of the year 2009: 7,123,340 people
City
- Population density: 3,401people/km2
Geographical location:
Ho Chi Minh City is located at 10°45'N, 106°40'E in the southeastern region of Vietnam,
1,760 km (1,094 miles) south of Hanoi. The average elevation is 19 meters (63 ft) above sea
level. It borders Tay Ninh and Binh Duong provinces to the north, Dong Nai and Ba Ria-Vung
Tau provinces to the east, Long An Province to the west and the South China Sea to the south
with a coast of 15 km in length. The city covers an area of 2,095 km² (809 sq mi) (0.63% of the
surface of Vietnam), extending up to Cu Chi (12mi/20 km from the Cambodian border), and
down to Can Gio on the East Sea coast. The distance from the northernmost point (Phu My Hung
Commune, Cu Chi District) to the southernmost one (Long Hoa Commune, Can Gio District) is
102 kilometers (63 mi), and from the easternmost point (Long Binh Ward, District Nine) to the
westernmost one (Binh Chanh Commune, Binh Chanh District) is 47 kilometers (29 mi).The city
has a tropical climate, with an average humidity of 75%. A year is divided into two distinct
seasons. The rainy season, with an average rainfall of about 1,800 millimeters (71 in) annually
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Procedure
for obtaining
investment,
construction
licenses, and
project
operation
Market
analysis
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(about 150 rainy days per year), usually begins in May and ends in late November. The dry
season lasts from December to April. The average temperature is 28 °C (82 °F), the highest
temperature sometimes reaches 39 °C (102 °F) around noon in late April, while the lowest may
fall below 16 °C (61 °F) in the early mornings of late December
Economic situation:
Ho Chi Minh City is the most important economic center in Vietnam as it accounts for a high
proportion of Vietnam's economy. Ho Chi Minh City plays an important driving impetus of
Economy of Vietnam. This city just accounts for 0.6% land area, 7.5% population of Vietnam
nevertheless accounts for 20.2% GDP, 27.9% industrial output and 34.9% FDI projects in this
country in 2005. In 2005, this city had 4,344,000 labors, of which 130,000 ones are over labor age
norm (in Vietnam it’s 60 for male and 55 for female workers). In 2007, GDP per capita reached
2,100 USD, compared to this country’s average level of $US 730 in 2006.
The economy of Ho Chi Minh City covers different fields, from mining, seafood processing,
agriculture, construction to tourism, finance, industry, trading. The state-owned sector makes up
33.3%, private sector of 4.6%, the other remaining percentage lays in foreign businesses. As far
as economic structure is concerned, service sector accounts for 51.1%, industry and construction
accounts for 47.7%, forestry, agriculture and others make up just 1.2%.
Labour force’s education:
Higher education in Ho Chi Minh City is quite developed, concentrating about 76
universities and colleges with a total of over 380,000 students in such places as: Ho Chi
Minh City National University with 41,000 students, the most important university in the
Southern Region, consisting of 6 main member schools: The University of Natural
Sciences (formerly Saigon College of Sciences); The University of Social Sciences and
Humanities (formerly Saigon College of Letters); The University of Technology
(formerly Phu Tho National Institute of Technology); The International University,
Faculty of Economics and the newly-established University of Information Technology.
Some other important higher education establishments include: HCMC University of
Pedagogy, University of Economics, University of Architecture, University of Medicine
and Pharmacy, Nong Lam University (formerly University of Agriculture and Forestry),
University of Law, University of Technical Education, University of Banking, University
of Transport, University of Industry, Open University, University of Sports and Physical
Education, University of Fine Art, University of Culture the Conservatory of Music, the
Saigon Institute of Technology, Open University, and Hoa Sen University. The RMIT
University with about 2,000 students, the unique foreign-invested higher-education unit
in Vietnam at the present, was founded in 2002 by the Royal Melbourne Institute of
Technology (RMIT) of Australia. Several reputable English language schools following
international curricula are located in Ho Chi Minh City as well.
Project file
Time for setting
up project file
Investment
license issuing
time
Status of
healthcare
services
and
consumption in
Ho Chi Minh
Appraisal
Finished
Finished
The health care system of the city is relatively developed with a chain of about
100 government owned hospitals or medical centers and dozens of privately
owned clinics. The 1,400 bed Chợ Rẫy Hospital, upgraded by Japanese aid
and the French-sponsored Institute of Cardiology, are among the top medical
facilities in Indochina. The Hoa Hao Medical Diagnosis Center (Medic) and
FV Hospital have recently attracted many clients, including foreigners,
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City
because of their good quality of service and modern equipment. Patients come
from cities in nearby provinces and Cambodia as well. The Franco-Vietnam
Hospital (FVH) is certified to French health standards.
Attraction ability to Partners:
Vietnam Average Population by residence
61784.9
Urban
61344.2
60769.5
23370
22792.6
Rural
22336.8
0
20000
2
40000
2007
2006
Thousand People
60000
2005
Thousand People
Vietnam Average Population by sex
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80000
Vietnam Population
Million People
90
85.544
80
70
60
50
40
30
20
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0
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17.826
Vietnam
Ho Chi Minh City
Mekong Delta
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Technological
solution
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Machinery
and equipment
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Basis to
calculate
economic
effection of
project
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Technological requirement:
- During construction time: using advanced and modern technology to meet the demand of
environment protection.
- Having a professional supervising apparatus
- Having effective and advanced management skills
Technology transfer requirement:
- Construction technology: modern and advanced in construction machinery
- Management technology: modern and advanced in management skills during the time for
building and operating the hospital
- Time: depending on parties' agreement
Machinery and equipment requirement:
- Type of equipment: import and domestic (in case the domestic market can support)
Ratio requirement for used machinery,equipment:
- Based on current regulations of the State of Vietnam.
- Some kinds of machine for construction can be bought or rent in Vietnam.
- Other kinds of machine can be imported according to real requirement when the project is
implemented.
Loan interest rate is stipulated itself by commercial banks based on
Inter-bank Offered Rate (IBOR); or London Inter-bank Offered Rate
(LIBOR) plus the loan fee á
Net Income
- Current loan interest rate: r = 5% (LIBOR = 4% + á, á = 1%)
- Contributing to improve healthcare services value; moving the city’s
economic structure toward modernization.
- Contributing to increase city's healthcare services, raising
income for state budget and creating more jobs for local labor when the
Social impact
project operates stably.
After entering into the account all cost and completing tax duties, profit
Profit
will be divided according to the progress and capital contribution of
distribution
each party.
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Hoang Long Group:
Add: 281 - 283 An Duong Vuong, Ward. 13 Dist. 5, Ho Chi Minh City, Vietnam
Phone: +84 8 3 830 2514 Fax: +84 8 3 830 2538
Email: [email protected] – website: www.hoanglonggroup.com
Contact point: Tony Nguyen, marketing Director – E-mail: [email protected]
Cell-phone: +84 90 2323 722 – Skype: tony_nguyen0208
Contact
Address
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Investment Promotion Center North Vietnam (IPCN):
Address: 51 Dinh Tien Hoang Street, District 1, HCMC, Vietnam
Tel: (84-8) 38236738 - 39101309
Fax: (84-8) 38242391
Email: [email protected]
Website: www.itpc.hochiminhcity.gov.vn
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