 
						HUE CITY, VIETNAM, October 8, 2025 – Medtronic Vietnam today signed its third Memorandum of Understanding (MoU) with Hue Central Hospital, commencing a new two-year collaboration focused on training & education and technology adoption in key specialties such as cardiovascular, neuroscience, and minimally invasive medical-surgical for healthcare professionals (HCPs). Through its strategic partnership with Hue Central Hospital, Medtronic Vietnam is advancing access to innovative therapies and supporting the development of Vietnam’s clinical expertise.
Under the previous MoU, the partnership delivered tangible progress. In cardiovascular, Medtronic and Hue Central Hospital co-organized workshops and training on advanced cardiovascular techniques, including aortic, coronary and cardiac rhythm management such as left bundle branch pacing - reinforced best practices through structured knowledge exchange. In parallel, the comprehensive Continuing Medical Education (CME) programs extended to neurovascular training and surgical innovation, including thoracic (lung) techniques and pediatric spinal deformity where both local and international experts involved to deliver the best clinical outcomes to patients.
In this third MoU, over the next two years, the collaboration will deepen and scale these efforts across cardiovascular, neurovascular care and upper gastroenterology, as well as minimally invasive surgery in spine. Some highlights include addressing common conditions affecting Vietnamese patients, such as uncontrolled hypertension and cardiovascular diseases — through advanced solutions such as include renal denervation, drug-coated balloon therapies, and TAVI (transcatheter aortic valve implantation) as well as developing the hospital to become the leading center for cerebral vascular intervention in Vietnam.
Together, the partnership equips HCPs with the knowledge and skills to master advanced technologies, aim to elevate healthcare across the country by improving treatment outcomes and expanding access for patients.
On the occasion, Mongkol Sankum, Senior Country Director of Medtronic Vietnam, Cambodia, Myanmar and Laos, said: “We are very proud to partner with Hue Central Hospital. By pairing Medtronic’s global expertise with the hospital’s local leadership, this MoU reaffirms our long-term commitment to Vietnam — advancing clinician training and education so advanced therapies translate into better care for more patients.”
Professor Pham Nhu Hiep, MD, Ph.D, Director of Hue Central Hospital, highlighted the importance of the collaboration: “As a leading specialized medical center for the Central regions and across Vietnam, reaching regional and international levels, Hue Central Hospital sees this collaboration as key to expanding access and strengthening our role - not only as a provider of specialized services but also as a nationwide training hub sharing expertise with other medical institutions.”
In recent years, the rapid advancement of interventional medicine has introduced a range of innovative solutions in the diagnosis and treatment of cardiovascular diseases - the leading cause of death in both Vietnam and worldwide. In Vietnam, many state-of-the-art techniques have been successfully implemented, offering patients safer, more effective, and less invasive treatment options, such as Renal Denervation (RDN), Drug-Coated Balloon (DCB) Angioplasty and Transcatheter Aortic Valve Implantation (TAVI). The development of advanced techniques such as RDN, DCB, and TAVI demonstrates Vietnam’s growing alignment with global medical standards, delivering tangible benefits to patients nationwide. These innovations not only enhance treatment outcomes and quality of life but also represent a strong step forward in Vietnam’s journey toward personalized, safe, and sustainable cardiovascular care.
Through the collaboration between Medtronic’s global expertise and the clinical excellence of Hue Central Hospital, the capabilities of Vietnam’s HCPs continue to be strengthened. This partnership serves as a foundation for establishing structured programs in training, clinical research, and the implementation of novel medical technologies — all aimed at improving treatment quality, reducing patient costs, and advancing Vietnam’s healthcare system toward a more modern, integrated, and patient-centered future.
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It is expressly agreed and understood by the Parties that the Hue Central Hospital partnership is not for the purpose of marketing or promoting any of Medtronic’s products or services.
Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.
Contacts:
Priscilla Soh
Southeast Asia Communications
+65 9730 7102
Ryan Weispfenning
Investor Relations
+1-763-505-4626