French-based Zenithal Group Vietnam is to come of age with its first investment in health care centre for the elderly in Vietnam.
Domestic Ba Thuong Limited Company recently asked Ho Chi Minh City Planning and Investment Department to approve the sale of its entire Ba Thuong Wellness Centre project in the second city to Zenithal.
A Ho Chi Minh City Planning and Investment Department source told VIR that the firm’s proposal was appraised by the authority. Nguyen Huy Dinh, CEO of the Ba Thuong Limited Company refused to give detail on the reasons for his firm’s pull-out of this project.
Ba Thuong Wellness Centre was established in 2002 as a combined eco-resort/elderly persons’ wellness centre in Cu Chi district’s Rang village, 45 kilometres from Ho Chi Minh City downtown. The centre allows elderly people to relax with its rice fields and iconic rural scenery and is one of the most popular tourist attractions in Vietnam.
The centre is located on 7 hectares of quiet, green land with shade provided by palm, banana and flowering trees. Built as a wellness centre, the facility is equipped with massage rooms, a sauna, a steam bath and a medical building.
The wellness centre is popular for elderly overseas Vietnamese people who want to spend the last years of their lives in the home country.
Up to now very few wellness centres have been built in Vietnam even though the demand is high. Other wellness centres that do exist in the country are Bach Khang Nien Resort in Hanoi, an investment of the domestic Phu Dong Rural Development Company and a Ho Tram resort in southern Ba Ria-Vung Tau which is owned by a joint venture between local and a French company.
A retirement resort is also being developed by a Japanese firm in central Danang city’s Ngu Hanh Son district.