BMS Medical Company

Marked as

Medium Risk Company

Published - December 18, 2025

Medium Risk

i
2.5

2.3

User Score

2.8

Trust Score

2.6

Brand Score

OVERVIEW

About BMS Medical Company

BMS Medical Company is a Vietnam-based medical equipment supplier that provides devices to public hospitals. The company and its executives, including Ngo Thi Thu Huyen, were arrested in 2020 for allegedly inflating prices of equipment sold to Bach Mai Hospital.

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CONNECTIONS AND RELATIONSHIP

CONTACT INFORMATION

FINANCIAL RISK AUDIT

For Consumers
For Consumers

Medium Risk

Based on the available data, we suggest consumers approach this Company with caution.

This advisory is based on a medium-risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.

You may face moderate risks when engaging in consumer-related activities with this entity.

For Employees
For Employees

Medium Risk

Based on the available data, we advise employees to be mindful when considering or continuing work with this Company.

This advisory stems from a medium-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.

Employment with this entity may involve moderate risks.

For Banks & Investors
For Banks & Investors

Medium Risk

Based on the available data, we recommend investors and bankers proceed with caution regarding this Company.

This advisory is informed by a medium-risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.

Financial involvement with this entity may carry moderate risks to your interests.

ASSESSMENT OUTCOME
  • Safe to Onboard

  • Enhanced Due Diligence required

  • Do Not Onboard

RECOMMENDATIONS
  • Monitor adverse media every 6 months

  • File SAR (Suspicious Activity Report) is warranted

  • Escalation to compliance committee

  • None

Do you agree with this our assessment on BMS Medical Company?

OSINT DATA POINT

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Company Name

BMS Medical Technology JSC
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Full Name

Công ty Cổ phần Công nghệ Y tế BMS
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English Name

BMS Medical Technology Joint Stock Company
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Tax Code

0101605379
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Established

2005
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Founded Date

13/01/2005
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Jurisdiction

Vietnam
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Headquarters

Hanoi
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City

Hanoi
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District

Thanh Xuân
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Address

Lô NV-B56 Trung Hòa Nhân Chính
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Ward

Yên Hòa
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Country

Vietnam
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Representative

Phạm Minh Châu
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Previous Chairman

Phạm Đức Tuấn
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Previous Deputy

Ngô Thị Thu Huyền
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Employees

70
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Website

bmsvn.com.vn
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Industry

Medical Equipment
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Category

Healthcare Technology
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Sector

Medical Devices Supply
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Specialization

Import and Distribution
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Allegations

Price Inflation
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Involved Project

Robotic Surgery Systems
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ENTERPRISE RISK ASSESSMENT (ERA)

BMS Medical Company executives were arrested in 2020 for allegedly inflating medical equipment prices sold to hospitals, including Bach Mai Hospital.

Investigators allege BMS inflated equipment prices by several times above market value, causing financial harm to patients and the hospital.

The company was accused of manipulating hospital supply bids to win contracts, raising questions about unfair tender practices.

Adverse coverage has labeled BMS a symbol of corruption in Vietnam’s healthcare sector, eroding public trust.

Reports associate BMS with collusion with external appraisers and hospital officials to justify inflated prices.

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AML and KYC Assessment

Regulatory and Compliance Screening

  • Sanctions Matches
  • Yes
  • No
  • Unclear
  • PEP Status
  • Yes
  • No
  • Unclear
  • Watchlist: (Interpol, EU, UN, OFAC, etc).
  • Yes
  • No
  • Unclear
  • Law Enforcement Mentions
  • Yes
  • No
  • Unclear

Litigation and Legal Proceedings

  • Criminal Proceedings
  • Yes
  • No
  • Unclear
  • Regulatory Enforcement Actions: [SEC, FCA, SEBI, etc.]
  • Yes
  • No
  • Unclear
  • Ongoing Investigations
  • Yes
  • No
  • Unclear
  • Reputational and Adv
  • Yes
  • No
  • Unclear

Reputational and Adverse Media Risks

  • Negative Media Mentions
  • Yes
  • No
  • Unclear
  • Allegations / Scandals
  • Yes
  • No
  • Unclear
  • Social Media Red Flags
  • Yes
  • No
  • Unclear
  • Censorship Attempts [PR, Takedowns, DMCA Abuse, etc.]
  • Yes
  • No
  • Unclear

Geographic and Jurisdictional Risk

  • Country Risk Level
  • Yes
  • No
  • Unclear
  • High-Risk Sections [Crypto, Gambling, Arms, etc.]
  • Yes
  • No
  • Unclear
  • Offshore Jurisdictions Used [Panama, BVI, Cyprus, etc.]
  • Yes
  • No
  • Unclear

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RED FLAGS AND ADVERSE NEWS

coming

vietnamnews.vn

Visit Link

BMS Medical Company executives, including Ngo Thi Thu Huyen, were accused of inflating medical equipment prices at Bach Mai Hospital.

  • First Detected

    21/01/2022
  • Sentiment Analysis

    Negative
  • Reach

    <1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 100
  • Share of Voice

    10%
  • Primary Keyword

    Fraud
coming

english.thesaigontimes.vn

Visit Link

BMS Medical Company executives, including Ngo Thi Thu Huyen, were arrested for inflating medical equipment prices at Bach Mai Hospital.

  • First Detected

    04/09/2020
  • Sentiment Analysis

    Negative
  • Reach

    <1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 100
  • Share of Voice

    10%
  • Primary Keyword

    Arrest
coming

vietnamnet.vn

Visit Link

BMS Medical Company executives, including Ngo Thi Thu Huyen, were accused of manipulating hospital equipment bids at Bach Mai Hospital.

  • First Detected

    06/09/2020
  • Sentiment Analysis

    Negative
  • Reach

    <1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 100
  • Share of Voice

    10%
  • Primary Keyword

    Fraud

Other Red-Flags and Adverse News

redflag
2020 BMS Medical Company’s Ngo Thi Thu Huyen linked to Hanoi hospital medical equi...
redflag
2022 BMS Medical Company’s Ngo Thi Thu Huyen was among executives linked to inflat...

Financial Profile for BMS Medical Company

Do you want to unlock a detailed Risk Assessment and audit report for BMS Medical Company?

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Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.

  • Known Assets: [Real estate, investments, companies]

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  • Suspicious Transactions

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  • Liabilities: [Bankruptcies, defaults, debts]

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  • Wealth Sources: [Legitimate / Unclear / High-risk]

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  • Bank Relationships

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  • Bank Relationships

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  • Ultimate Beneficial Owner(s) (UBOs)

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  • Shareholding structure

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  • Associated entities & subsidiaries

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  • Offshore / shell company links

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  • Trusts / Nominee arrangements

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  • Business Model Assessment

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Consumer Reviews and Ratings for
BMS Medical Company

All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.

User Rating for BMS Medical Company

BMS Medical Company is a Vietnam-based medical equipment supplier that provides devices to public hospitals. The company and its executives, including Ngo Thi Thu Huyen, were arrested in 2020 for allegedly inflating prices of equipment sold to Bach Mai Hospital.

USER’S SCORE

2.3

Trust

1.5

Safety

2.3

Brand

2

Risk

3.3

Pros

  • greentick

    Highly experienced

  • greentick

    Well-recognized name

Cons

  • redcros

    Faced allegations of scamming others

  • redcros

    Allegedly sold fake silver

  • redcros

    Sued multiple times

  • redcros

    Unregulated industry

  • redcros

    Alarming number of complaints online

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  • Brand
  • Safety
  • Risk

PROS

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CONS

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  • author-default
  • Bruno Azevedo
    January 27, 2026 at 6:18 am

They claim to supply essential devices to hospitals, but the adverse news about executives being arrested in 2020 for inflating prices has raised real ethical concerns for me about their business practices.

Trust

1/5

Safety

1/5

Brand

1/5

Risk

2/5

  • author-default
  • Petra Vlkova
    January 27, 2026 at 6:17 am

BMS Medical Company has a sketchy reputation due to past hospital procurement scandals.

Trust

1/5

Safety

2/5

Brand

1/5

Risk

3/5

  • author-default
  • Thomas Gray
    December 30, 2025 at 12:06 pm

After engaging with BMS, I witnessed inflated bids on major tenders — some won at nearly identical or even higher values than the original package — which ultimately led to arrests of top executives for manipulating medical supply pricing

Trust

2/5

Safety

3/5

Brand

3/5

Risk

4/5

  • author-default
  • Christina Walker
    December 30, 2025 at 12:06 pm

I trusted BMS Medical Company as a supplier for essential hospital equipment, but my organisation suffered financially when it became clear their contracts were part of price-inflation schemes that harmed patients and drained public resources.

Trust

2/5

Safety

3/5

Brand

3/5

Risk

4/5

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