CapitaLand Vietnam together with its philanthropic arm CapitaLand Hope Foundation (CHF) on April 7 announced donating 40,000 test kits for SARS-CoV-2 valued at $1million to the Vietnam Fatherland Front Central Committee (VFFCC) and the Vietnamese Ministry of Health to support the community in its efforts against the ongoing COVID-19 pandemic.
The SARS-CoV-2 test kits will be delivered to testing centres across Hanoi and Ho Chi Minh City. Out of these, 7,500 tests will be sent to the National Paediatric Hospital in Hanoi.
This is one of CapitaLand and CHF’s initiatives in supporting COVID-19 prevention as the situation continues to pose challenges for the country.
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At the donation ceremony, Tran Thanh Man, secretary of the Party Central Committee and president of the Vietnam Fatherland Front Central Committee (VFFCC) expressed his gratitude and appreciation to the Government of Singapore and CapitaLand for accompanying Vietnam during this challenging period.
Professor Nguyen Thanh Long, standing deputy minister of Health, also appreciated CapitaLand’s support in COVID-19 prevention.
“We would like to express our most sincere thanks to CapitaLand Vietnam for accompanying the Ministry of Health in the fight against COVID-19. Especially in this decisive phase in Vietnam, this is a source of encouragement for our joint efforts,” Long said.
Chen Lian Pang, chief executive officer of CapitaLand Vietnam said that amidst the complexities of the ongoing COVID-19 situation, the contribution of businesses in supporting the local community is important.
“We believe that CapitaLand’s contributions, together with the collective support from the Vietnamese government, other enterprises, and the local community will help Vietnam through this challenging time,” Chen said.
Tan Seng Chai, chief corporate and people officer for CapitaLand Group and executive director of CapitaLand Hope Foundation, said that as a socially responsible corporation, CapitaLand is playing its part to support Vietnam’s fight against COVID-19.
“Guided by our credo, ‘Building People – Building Communities’, we believe in contributing to the communities where we operate as we have done so for Vietnam through the years. CapitaLand’s dedication towards building a more caring and inclusive community remains unwavering,” Tan added.
In addition to joining hands with the Vietnamese government, CapitaLand has in place business continuity plans (BCP) to enable the company to continue its critical activities and minimise impact to operations.
Under the resolute management of the prime minister, the government, and consensus of the people, Vietnam has achieved promising results in prevention of COVID-19 and has been recognised by the international community.
At CapitaLand’s properties, the company works closely with the local authorities to support their efforts in containing the spread of COVID-19 and ensuring the well-being of its stakeholders.
These include limiting mass participation activities and adopting precautionary measures such as intensifying cleaning and disinfecting of its properties, in accordance with guidelines from the health authorities.
Regarding residential operations, CapitaLand has worked with the buildings’ management to regularly update residents with official information on COVID-19 prevention from the Ministry of Health.
Aside from strictly following the local authorities’ instructions on precautionary measures, the building’s management are to monitor closely and inform residents in a timely manner of any suspected or confirmed case of COVID-19 notified by the local authorities.
CapitaLand is also offering various forms of support to its retail tenants, which include flexible rental payments and rental relief. As COVID-19 has impacted different malls and trade categories by varying degrees, the rental relief will be disbursed to retailers in a targeted manner, based on their individual needs and circumstances.
CapitaLand Vietnam is a business unit of CapitaLand, one of Asia’s largest diversified real estate groups.
After 25 years of operation in Vietnam, CapitaLand’s portfolio in Vietnam comprises of two integrated developments, close to 8,600 quality homes across 15 residential developments, two retail malls, one business park, as well as close to 7,000 lodging units in 27 properties across nine cities – Ho Chi Minh City, Hanoi, Haiphong, Halong, Hoi An, Danang, Binh Duong, Cam Ranh, and Nha Trang.
In line with CapitaLand’s credo “Building People – Building Communities”, the group is committed to contributing to the Vietnamese economy by seeking opportunities to expand its presence in the country.
CapitaLand will also continue to hire and nurture a strong local team, exchange knowledge and skills with local partners, and contribute to the local communities’ underprivileged children and environment through corporate social responsibility initiatives.
CapitaLand has also built four CapitaLand Hope Schools for underprivileged children in Phu Tho, Long An, and Hung Yen province.
Every year, CapitaLand allocates up to 0.5 per cent of its net operating profit to CapitaLand Hope Foundation.
Reporting by Bich Ngoc @ VIR