CapitaLand donates 40,000 tests valued at US$1 million for COVID-19 prevention
Ho Chi Minh City, April 7, 2020, CapitaLand Vietnam (CapitaLand), together with its philanthropic arm, CapitaLand Hope Foundation (CHF) is donating SARS-CoV-2 test kits capable of performing 40,000 tests, valued at US$1 million to the Vietnam Fatherland Front Central Committee (VFFCC) and Vietnam Ministry of Health to support the community in its efforts against the ongoing COVID-19 pandemic. The donation ceremony was graced by Mr. Tran Thanh Man - Secretary of the Party Central Committee and President of VFFCC; Professor Nguyen Thanh Long, Standing Deputy Minister of Health as well as representatives from VFFCC, the Ministry of Health, CapitaLand Vietnam, and witnessed by Mr Tan Weiming, Charge d’Affaires of the Singapore Embassy in Hanoi.
This is amongst CapitaLand and CHF’s initiatives in supporting COVID-19 prevention as the situation continues to pose challenges for the country. 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.
SARS-CoV-2 test kits for a total of 40,000 tests 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 Pediatric Hospital in Hanoi.
Receiving the donation from CapitaLand on behalf of VFFCC, Mr. Tran Thanh Man - Secretary of the Party Central Committee and President of 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, appreciated CapitaLand’s support in COVID-19 prevention. He said, “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.”
Mr Chen Lian Pang, Chief Executive Officer of CapitaLand Vietnam said: “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 contribution, together with the collective support from the Vietnam government, other enterprises and the local community will help Vietnam through this challenging time.”
Mr Tan Seng Chai, Chief Corporate & People Officer for CapitaLand Group and Executive Director of CapitaLand Hope Foundation said: “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.”
In addition to joining hands with the Vietnam government, CapitaLand has in place business continuity plans (BCP) to enable the company to continue its critical activities and minimise impact to operations.
At CapitaLand’s properties, the company works closely with the local authorities to support their efforts in containing the spread of COVID-19 and ensure 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.
About CapitaLand Vietnam
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 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, Hai Phong, 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 contribute 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 efforts. CapitaLand has also built four CapitaLand Hope Schools for underprivileged children in Phu Tho, Long An and Hung Yen Province.
About CapitaLand Hope Foundation
CapitaLand Hope Foundation, the philanthropic arm of CapitaLand, was established in 2005 to further CapitaLand’s community development commitment to ‘Building People. Building Communities.’, by recognising that the long-term success of the company’s business is closely intertwined with the health and prosperity of the communities in which it operates.
Every year, CapitaLand allocates up to 0.5% of its net operating profit to CapitaLand Hope Foundation. The Foundation is a registered charity in Singapore which promotes the social growth and development of vulnerable children with respect to their education, healthcare and shelter needs. The Foundation also strives to improve the quality of life for the vulnerable elderly in Singapore through healthcare, deeper social integration and better living conditions.
Going beyond donations associated with charitable giving, the Foundation also focuses on giving time and attention to its beneficiaries through advocating volunteerism. The strong commitment of volunteers embodies CapitaLand’s mission to care for and contribute to the economic, environmental and social development of communities.