Vast potential seen in Vietnam's nursing home market
The shift in population structure has created an urgent need for specialized nursing housing models, healthcare services, and amenities tailored to the elderly demographic.
Aging population driving nursing home market
The nursing home market in Vietnam is still very much in its infancy. Only 32 of the country’s 63 cities and provinces have specialized facilities for the elderly, so demand for nursing homes and elderly care centers is huge. The State is now perfecting mechanisms and policies to encourage private enterprises to join the market and expand the nursing home network.