Warburg Pincus is the largest global private equity investor in Vietnam, and its investment in Xuyen A underscores the firm’s focus on the country’s rapidly emerging healthcare sector.

Xuyen A, which celebrates its 10^th anniversary this year, owns and operates a portfolio of four large-format, multi-speciality tertiary hospitals situated in densely populated cities in southern Vietnam, including its flagship hospital located in Cu Chi district of Ho Chi Minh City.

Xuyen A was founded and is led by Dr. Nguyen Van Chau who built the hospital group from the ground up through greenfield development. Xuyen A has built a reputation for medical excellence over the years and has strived to provide high-quality medical care at affordable prices.

Saurabh Agarwal, managing director and head of Southeast Asia Private Equity at Warburg Pincus, said, "We believe the private healthcare sector in Vietnam presents a tremendous opportunity for outsized growth. We are deeply impressed by Dr. Chau and his exceptional management team and are excited to partner with them in Xuyen A’s next phase of growth. By leveraging our global experience in the healthcare space, we are confident we can help Xuyen A grow into a pre-eminent private hospital group while continuing to provide quality healthcare at affordable prices."

Nguyen Van Chau, founder and CEO of Xuyen A, said, "We are very pleased to partner with Warburg Pincus to accelerate Xuyen A’s growth and jointly build a next-generation leader in Vietnam’s hospital industry. Together with Warburg Pincus, Xuyen A will continue to explore opportunities to enhance our care offering, scale up through further greenfield or brownfield development, and strengthen our medical team."

As Xuyen A continues to make strides in expanding its range of treatments and intensifying its focus on speciality care, the hospital group announced the launch of a new oncology centre at its flagship hospital on the same day, becoming one of the few private hospital groups in Ho Chi Minh City to offer a full suite of oncology services including chemotherapy, radiotherapy, and surgical oncology.

Warburg Pincus has invested in healthcare for over five decades, backing major companies such as Summit Health, the largest multi-speciality and outpatient-focused physician group in the United States, and United Family, an international hospital and clinic network providing private premium healthcare in China.

Warburg Pincus started investing in Vietnam in 2013. Today, it has become the largest and most active global private equity investor in Vietnam, with over $2 billion invested in companies such as Vincom Retail, MoMo, Techcombank, BW Industrial, and Lodgis, among others. These companies have collectively created over 40,000 jobs, contributing to Vietnam's economic growth and development. Additionally, the firm has completed two of the largest initial public offerings in Vietnam – Vincom Retail and Techcombank.