Home / Investment / News
Mekong Capital invests in fast-growing healthcare firm
Phi Nhat 17:46, 2021/07/13
Healthcare is among the most attractive industries for investors.

Private equity firm Mekong Capital has invested US$8.8 million in LiveSpo Global, a Vietnamese innovative company exporting its consumer health products to more than 20 markets in the world.

The LiveSpo Global's showroom at a healthcare fair in Hanoi. Photo: LiveSpo Global

LiveSpo Global is established by a group of three founders, specializing in Spores Probiotics Technology. The technology produces spore-based probiotics in liquid form, multi-strains, and high concentration that was developed by Dr. Nguyen Hoa Anh.

Anh returned to Vietnam in 2010 after 15 years of studying and working in molecular biology at Tohoku University in Japan. The healthcare company aims to become a digitalized pharmaceutical company that revolutionizes the way consumers care for health with spore probiotics.

In earlier July, Mekong Enterprise Fund IV (MEF) also completed an investment into HSV Group, the largest cosmetics retailer in Vietnam in terms of the number of stores. The company owns 69 The Face Shop, 11 Beauty Box and seven South Korean-style Club Clio cosmetics outlets, six Adidas and 12 Reebook sportswear stores. 

Healthcare is among the most attractive industries for investors according to the latest survey on the Vietnam private equity outlook conducted by Grant Thornton Vietnam, an auditing and consulting firm. 

Nguyen Thi Vinh Ha, Head of Advisory at Grant Thornton Vietnam, cited the firm’s survey showing that the growth prospects in healthcare come from the higher healthcare spending per capita with a compound annual growth rate (CAGR) of 9.8% from $194 in 2019 to an expected $309 in 2024. 

The shortage of qualified personnel and inadequate healthcare infrastructure results in a huge supply gap and the increasing aging speed of the Vietnamese population will further boost healthcare demand, she noted.

TAG: healthcare private equity fund Mekong Capital MEF IV
Other news
11:26, 2021/26/30
Bolstering Australia-Vietnam investment cooperation for mutual benefits
Australian businesses consider Vietnam one of the most potential markets for investment and trade.
13:24, 2021/24/28
Sojitz, Vinamilk to invest in $500-million beef project in Vietnam
The project is expected to lay a solid foundation for new development of the livestock industry in Vietnam in the coming years.
14:27, 2021/27/25
Vietnam, Japan sign cooperation agreements worth billions of US dollars
Vietnam would continue to support foreign businesses, including those from Japan, to expand businesses and gain success in the country, Prime Minister Pham Minh Chinh has said.
10:59, 2021/59/24
Vietnamese PM calls for Japan’s support of new-generation ODA
Vietnam needs huge investment capital to develop strategic infrastructure projects during the 2021-2030 period, with Japan being a key partner in terms of ODA.
15:13, 2021/13/23
Vietnamese Gov’t sets up 6 task forces to accelerate public investment
Nearly VND200 trillion ($8.8 billion) out of a total VND461.3 trillion ($20.2 billion) remain unspent, requiring huge efforts for the Government to fully disburse the amount in the last two months of the year.
15:52, 2021/52/17
Vietnamese automaker VinFast opens US headquarters in Los Angeles
It is part of the company's expansion plan in global markets.