The Government of Singapore Investment Corporation (GIC), a fund manager that oversees the investment of Singapore's foreign reserves, has made a huge investment of US$135 million, one of the largest investments in the healthcare industry in Vietnam, into Nhi Dong 315 Clinic System, a Vietnam-based clinic operator providing comprehensive paediatric services. It operates 120 clinics in Vietnam, with a target of 250 clinics and 5 hospitals specialising in paediatric and maternity services by 2025.

Hoang Minh Duc and Nguyen Minh Quan from Duane Morris Vietnam LLC led this deal with the support from Patrick Ong of Duane Morris & Selvam LLP.

About Duane Morris Vietnam LLC

Duane Morris LLP has offices in Hanoi and Ho Chi Minh City, as well as other key markets in Asia, to support clients who have operations or investments in Vietnam, one of the fastest-growing economies in the world. The firm’s attorneys in Vietnam represent a range of clients, including multinational corporations and financial institutions, as well as businesses seeking to establish new investments in Vietnam and throughout Southeast Asia. Duane Morris also leverages its global platform to facilitate Asia-based companies’ entry into markets in the United States, Europe, Latin America and beyond.