Discovery Group announces its ambitious proposal to invest in and construct the Discovery Hospital, a state-of-the-art medical facility. Image: Phu Tho Newspaper
Joining the high-speed rail project race alongside industry giants like Thaco and Vinspeed, Discovery Group stands out due to the stark contrast between its modest resources and its bold ambitions.
With a mere 70 employees and a self-reported capital of 2,000 – 3,000 billion VND (approximately 0.2% of the total $67 billion investment), the company pledges to secure 100% non-budget funding and complete the project within six years.
Mr. Nguyen Nam Thieu, Chairman of Discovery Group’s Board of Directors.
This audacious proposal has immediately raised eyebrows among experts and the public, questioning its feasibility. High-speed rail projects are renowned for their stringent technical and financial requirements.
Established in 2016 with an initial charter capital of 260 billion VND, Discovery Group presents itself as a diversified conglomerate spanning energy, semiconductors, and real estate.
According to the National Business Registration Portal, the group’s founding shareholders include Danko Investment & Tourism JSC (36.9%), Discovery Vietnam Investment JSC (14.6%), Ms. Nguyen Ngoc Anh (37.7%), and Mr. Nguyen Tien Thieu (10.8%).
By late 2017, Discovery Vietnam Investment JSC had fully divested from the group. Danko retained its 36.9% stake, Mr. Thieu increased his share to 38.1%, and Ms. Anh’s ownership decreased to 25%.
Currently, Mr. Nguyen Nam Thieu (born 1982) serves as the Chairman and legal representative of Discovery Group.
However, numerous Discovery-branded real estate projects and technology ventures listed on their website appear non-existent in the market.
Discovery Group proposes the construction of Discovery Hospital, a practical training hospital affiliated with Phu Tho University of Medicine and Pharmacy. Image: Phu Tho Newspaper
Expanding its portfolio, Discovery Group ventures into healthcare with a trillion-dong project. On November 27, 2025, Discovery Homes JSC, a group subsidiary, met with Phu Tho Provincial People’s Committee to propose the Discovery Hospital project.
The proposed hospital, with a 4,200 billion VND investment, will feature 1,000 beds and train 2,500 students annually. The goal is to establish a practical training hospital model, paving the way for upgrading Phu Tho Medical College to a University of Medicine and Pharmacy.
Phu Tho’s leadership endorsed the investment, aligning with local healthcare enhancement and socialization initiatives. Vice Chairman Nguyen Huy Ngoc suggested integrating the hospital within the university’s campus for synergy, emphasizing eco-friendly design and preserving natural features.
The province pledged full support while tasking agencies with rigorously evaluating the investment model and resource diversification to ensure legal compliance.
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