Vietnam draws health care investment from Japan's Sumitomo

Trading houses make inroads into Southeast Asia's mostly private medical sector

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Vietnam's Insmart provides services to patients as well as to insurers as an intermediary. (Photo courtesy of Sumitomo Corp.)

TAKEHIRO HASEGAWA, Nikkei staff writer

TOKYO -- Japanese trading house Sumitomo Corp. will invest in a major health care intermediary in Vietnam, looking to launch new digital services in a region facing rising costs and uneven access to doctors.

Sumitomo is expected to invest tens of millions of dollars in Insmart, part of the region's growing managed-care industry.

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