CapitaLand Vietnam supports Earth Hour 2013

These range from a tree planting, a screening of the documentary film, outdoor acoustic concerts to an eco-friendly candle lights under Saigon Skies. The event will be opened to the public.

Earth Hour is a worldwide event organised by the World Wildlife Fund (WWF). It is held annually towards the end of March to encourage households and businesses to switch off their non-essential lights for an hour in hopes of mobilising people to take action on climate change.

The event first took place in 2007 in Sydney Australia and now it has inspired millions of people in 7,001 cities and towns across 152 countries and territories. This year, Earth Hour will take place on Saturday, March 23, 2013, from 8:30pm to 9:30pm, local time.

At The Vista in Ho Chi Minh City, its residents will turn off the façade and non-essential lights of their property.

Yip Hoong Mun, deputy CEO of CapitaLand Vietnam, said: “Reducing energy, water and resource consumption, recycling and reusing of materials are crucial components of the CapitaLand Environment Management System. With key performance indicators built into it, the System is integral to our company’s business. We believe that no effort is too simple or too small to contribute towards the environment.”

Vietnam is one of CapitaLand’s key markets in Asia. The real estate market in Vietnam is supported by the country’s strong economic growth, rapid urbanisation and a young and growing population. CapitaLand is committed to being a long term real estate developer in the country.

CapitaLand Group's current presence in Vietnam is in Ho Chi Minh City, Hanoi, Haiphong and Danang, in the residential and serviced residences sectors.

In the residential sector, CapitaLand is has a portfolio of close to 6,000 quality homes across two value homes projects and four prime residential projects in Ho Chi Minh City and Hanoi.

In the serviced residence sector, its wholly-owned serviced residence business unit, The Ascott Limited, has a portfolio of more than 1,800 apartment units in 13 properties across the four major cities, making it the largest international serviced residence owner-operator in the country.