Property developer Novaland Group and MediVerbund AG, a German medical business group, have signed a memorandum of understanding for setting up a joint venture company to establish German-standard clinics and emergency centers at NovaWorld Phan Thiet and other projects in HCM City.

The first clinic will open in the third quarter of 2021.

According to the MoU, through the joint venture MediVerbund AG will help set up a chain of specialist medical centres, polyclinics and emergency centers directly managed and operated by German doctors.

MediVerbund AG, which has more than 30 years’ experience in setting up clinics and managing them based on international and European standards, represents hundreds of thousands of resident doctors and psychotherapists in Germany.

At the ceremony, Dr Werner Baumgarter, chairman of the board of directors of Medi Verbund AG, said: “We aim to bring ‘made in Germany’ processes and experiences to the Vietnamese market.

“With our years of experience in clinical operations and procedures we hope to provide the Vietnamese people with the best possible patient care.”

MediVerbund will be responsible for providing the JV with the required equipment, techniques and know-how to develop the clinics, he said.

Throughout the operation of the company, MediVerbund will also provide trainings to doctors, nurses, midwifes, technicians, and other personnel to ensure the staff are well trained and abreast of the latest examination and treatment technologies and methodologies.

Novaland has interests in many fields including property, finance, tourism, and traffic infrastructure.

It has developed nearly 50 housing and hospitality real estate projects with over 60,000 units and has hundreds of tourism – leisure – culture – healthcare projects in the works.

Its projects are in many cities and provinces in southern Vietnam such as Ho Chi Minh City, the Mekong Delta, Ba Ria Vung Tau, Binh Thuan, Khanh Hoa, and others.

NovaWorld Phan Thiet – World’s Beach City for Wellness - is a unique project developed by Novaland in Binh Thuan on an area of 1,000ha.

It is conveniently connected near Ho Chi Minh City and other major cities with a combined market of 15 million people through international airports, sea, rail, and road.