TTVN Group signed a cooperative agreement with Naniwa Issui Ryokan on the investment in Hoi Van hot spring project

In the afternoon of 19 June 2019, at TTVN Group’s head office, the signing ceremony of the Cooperative Agreement on “Hoi Van Hot Spring Resort and Healthcare” Project (Binh Dinh) )” took place successfully.
Binh Dinh is a province in the southern Central region of Vietnam. It is famous for its natural, quiet and diverse scenery, Binh Dinh increasingly becomes magnificent, bustling and landscape development for tourism.
Hoi Van hot spring originates from the low mountains in the north of Phu Cat district, when reaching Hoi Van village, the water flows into a lake about 400m² wide and more than 1m deep. The natural mineral water in Hoi Van is abundant and rich in therapeutic and healthcare capabilities for the community. Especially, the water source in here has a temperature of more than 80ºC, which is dissolved with more than twenty minerals with chemical structure in the form of Chloride, Hydrogen Carbonate, Sulfate, Sodium, which belongs to the type of Silicon hot mineral water used in some famous sanatoriums in the world…

311e6cd75a3ae37c080c52a0e8b81832Hoi Van hot spring landscape

With the natural advantages along with the methodical investment, Hoi Van hot spring will be an attractive resort and healthcare and also an ideal destination for local and international tourists.

TTVN Group’s partner in this project is Naniwa Issui Ryokan Co., Ltd (Naniwa). Coming from the industrialized country of Japan, Naniwa has invested in many hot spring and lake projects, including Matsue Yamiko Onsen hot spring, Jizo hot spring. With potential and modern technology, Naniwa is one of the leading units in investment and development of hot springs.

At the ceremony, Mr. Yuji Katsutani – Chairman of the Board of Directors cum General Director of Naniwa highly appreciated Vietnam’s economic development potentials as well as the landscape and economic benefits of Hoi Van hot spring project will bring about.

427fd2851473b805c212719cef8aaee3Mr. Yuji Katsutani shared at the ceremony

Also at the ceremony, the leaders of the two sides exchanged meaningful gifts on the occasion of Naniwa’s visit to Vietnam. These are mascots symbolizing the smooth cooperation of the two sides.


86d5bc52eee558ef027f8938762a9ceaLeaders of the two sides exchanged souvenirs

The signing ceremony of the cooperative agreement successfully took place in the witness of the leaders of the two sides. With the enthusiasm and cooperative willing, Hoi Van project will be undertaken rapidly and effectively and heighten the positions of TTVN and Naniwa in the world market.

fe4ce41910efdf67c402eb0883c73794Leaders of the two sides signed the cooperative agreement
be28087486ab6de03e5d133537e4d0afThe signing ceremony took place successfully


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