The Hanoitimes - Approximately 700 enthusiastic visitors participated in the second Somerset Charity Bazaar held by the Ascott Limited (Ascott) on August 26 at Somerset Grand Hanoi and VND150 million to fund raised for 400 children at Yen Loc A Primary School. CapitaLand’s wholly-owned serviced residence business unit, the Ascott Limited (Ascott) organized its second Somerset Charity Bazaar on August 26 at Somerset Grand Hanoi to help fund the needs of almost 400 children at Yen Loc A Primary School located in Y Yen, Nam Dinh city. A performance at the second Somerset Charity Bazaar. This corporate social responsibility is an annual activity as part of Ascott’s commitment to support the shelter, healthcare, and education needs of underprivileged children in Vietnam. The bazaar is also held in conjunction with the celebration of 51st Singapore’s Independence Anniversary. The meaningful event drew approximately 700 enthusiastic visitors, and they were all treated … [Read more...] about Ascott hosts second Somerset Charity Bazaar for Vietnamese underprivileged children
Somerset hoa binh
First Somerset serviced residence opened in Haiphong
First Somerset serviced residence opened in Haiphong Tu Hoang By Tu Hoang - The Saigon Times Daily Mark Chan, Ascott’s country general manager for Vietnam, said Somerset Central TD Haiphong City will allow the company to better cater to the needs of guests in the third largest city in Vietnam - PHOTO: TG HANOI - CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), on May 6 inaugurated its first Somerset serviced residence building in Haiphong City. The 132-unit Somerset Central TD Haiphong City is the first international branded serviced residence in the northern city and reinforces Ascott’s presence as the largest international serviced residence owner-operator in Vietnam. Mark Chan, Ascott’s country general manager for Vietnam, said the addition of Somerset Central TD Haiphong City will allow the company to better cater to the needs of guests in the third largest city of Vietnam. Chan said Vietnam’s … [Read more...] about First Somerset serviced residence opened in Haiphong
CapitaLand plants trees for greener future
CapitaLand plants trees for greener future By Pham Le in HCMC CapitaLand Vietnam and the serviced residence management The Ascott Group on Saturday sent staff to Binh Chau - Phuoc Buu Nature Reserve in Ba Ria-Vung Tau Province to plant trees as part of the group's community spirit toward environment. "In the company, we constantly stress the importance of the 3 Rs which stands for reduce, reuse and recycle. However, it is always more effective to carry out an activity like this, so that we can see for ourselves first-hand the state of the environment, and how important it is to incorporate the 3 Rs into our daily life," Chen said. He said the company currently set targets and tracked efforts to reduce paper and energy usage in the office, and water and electricity usage in its properties. "Through this tree-planting activity, the group aims to instill in staff a sense of ownership towards the environment outside of the office," he said. Besides the activity, the company has been … [Read more...] about CapitaLand plants trees for greener future
S’pore group buys 90% share of Vietnam residence project
Singapore-based Ascott Group has paid US$23.5 million for a 90 percent share of a serviced residence project in Hanoi, originally undertaken by Hoa Binh Co Ltd. The Singapore investor will form a joint venture with the local firm to develop the Somerset Hoa Binh in the city's Cau Giay District. Ascott will maintain a 90 percent stake in the Somerset Hoa Binh JV to manage the project, initially estimated to cost $26.1 million in investment. … [Read more...] about S’pore group buys 90% share of Vietnam residence project
Real estate ‘has long-term potential’
Talking Shop (06-08-2009) Real estate 'has long-term potential' A leading serviced apartment operator, Ascott International has operated in Viet Nam since 1994 and currently has five properties with a total of 818 units, in both HCM City and Ha Noi. The firm's country manager, Eddie Lim, spoke to the Viet Nam News about the domestic property market. … [Read more...] about Real estate ‘has long-term potential’