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 the seven major cities – Ho Chi Minh City, Hanoi, Hai Phong, Ha Long, Da Nang, Binh Duong, and Nha Trang in the residential and serviced residences sectors. In the residential sector, CapitaLand has a portfolio of close to 9,100 quality homes across nine 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 4,600 apartment units in 22 properties across the seven major cities, making it the largest international serviced residence owner-operator in the country. CapitaLand will continue to contribute to the Vietnamese economy by hiring and nurturing a strong local team, exchanging knowledge and skills with local partners and contributing to the local communities’ underprivileged children and the environment through corporate social responsibility efforts. CapitaLand’s major high-end residential projects in Vietnam are Mulberry Lane, Seasons Avenue in Hanoi and The Vista, Vista Verde, ParcSpring, Feliz En Vista, D1mension, The Krista, Kris Vue in Ho Chi Minh City. Obviously, these projects are an evident testament showing CapitaLand’s reputation and long-term commitment in Vietnam.

Hoang Thanh JSC was established in 2004 with the chartered capital of 27 billion VND and has increased to 925 billion VND in 2008.

Within 10 years of establishment and development, Hoang Thanh has become one of the youngest and reputable real estate enterprises in the market.

Hoang Thanh JSC’s key activities include:

• Investment, development and trading in real estate business.
• Consulting services in real estate, construction, insurance and trade promotion.