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[BUSINESS] · Vietnam · 2 sources

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California Fitness & Yoga closes most locations across Vietnam

California Fitness & Yoga has significantly scaled back its operations, leaving only the Binh Duong Square club active as of November 3, 2024. While the company previously operated approximately 35 clubs, most locations have suspended operations for operational adjustments.

The company announced that two clubs, Lapen Center Vung Tau and Pegasus Plaza Bien Hoa, are scheduled to reopen on November 5, 2024. However, other facilities, including locations in Hanoi such as Hang Da and 88 Lang Ha, remain closed despite previous suspension deadlines having passed. Additionally, the Aeon Mall Binh Tan club in Ho Chi Minh City suspended operations on November 3.

Members affected by these closures have been instructed to scan QR codes to request free membership freezes, though the company has not provided a clear timeline for reopening most sites or a comprehensive plan to resolve the rights of long-term contract holders. Some members have reported significant financial investments in lifetime memberships and expressed frustration over the lack of alternative training arrangements.

Entities

Binh Duong Square · California Fitness & Yoga · Lapen Center Vung Tau · Pegasus Plaza Bien Hoa · Vietnam