Aiming to become the pioneer among Vietnamese businesses in sustainable development, Phuc Khang Corporation has concentrated all efforts on creating global standard certified green buildings.
Founded in 2009, Phuc Khang Corporation has been developing the multifield ecology including construction, education, commerce, consumption … orbiting real estate. At the very beginning, all founders oriented the development of the company towards “a greener and more traditional, civilized Vietnam.”
Efforts to create green buildings
Projects the prefixes of which are Eco represent the unique orientation of Phuc Khang Corporation in the real estate market. These include Eco Sun (Dong Nai), Eco Village (Long An), Eco Town (HCMC) and especially Vietnam Lotus Village in Long An.
Vietnam Lotus Village, an area of 65 square hectares, was developed into a green urban area by Phuc Khang Corporation, friendly to the environment and loyal to the reservation and development of Vietnamese cultural quintessence. Besides 60 percent of the area for green trees and community space, the project stands out with the Vietnamese Bamboo conference center – awarded “The largest bamboo hall in Vietnam” in 2015.
Lac Viet welcome gate was also recognized as “The biggest welcome gate with patterns of bronze drums in Vietnam” in 2019. On Dec. 12, 2021, Vietnam Lotus Village was awarded the bronze prize of “construction planning project” in the National Urban Planning II.
Phuc Khang Corporation made a sharp imprint on green building development by focusing on the market of apartments, the example of which is Diamond Lotus Riverside in Ho Chi Minh City. This project was certified as having global standards, invested and developed by a joint venture between Phuc Khang Corporation and Mitsubishi Corporation (Japan). This is one of few projects registered for LEED Gold by U.S. Green Building Council and Lotus by Vietnam Green Building Council.
Representatives of Phuc Khang Corporation at the Provisional Certification – Diamond Lotus Riverside ceremony. Photo courtesy of Phuc Khang Corporation
Green buildings require more investment than normal ones. In Diamond Lotus Riverside, all equipment comprising electricity, water, waste disposal … are carefully selected and installed to save energy and water. All installed equipment must meet LEED requirement of the U.S. The building density is just 19 percent. Most of the investment of the business goes toward greening of the building.
This project has helped achieve 17 sustainable development goals adopted by the United Nations such as building sustainable cities and communities, taking urgent action to combat climate change, save natural resources like water, land, energy… , thus, providing residents with an ecological, pure, cost-effective living space.
According to investors, the project has helped reduce up to 38.9 percent of energy consumption, 36.5 percent to 55 percent of water usage in comparison to base levels, increase the landscape area up to 21.5 percent in order to reduce land surface temperature. This project was awarded Green Lotus Certification by Vietnam Green Building Council on Nov. 23, 2021.
Phan Thu Hang, chairwoman of Vietnam Green Building Council commented that Phuc Khang Corporation has achieved three environment, economy and society benefits while being evaluated for Lotus standard.
First, Phuc Khang Corporation has demonstrated its business commitment towards the community and the environment through reducing the carbon footprint and environmental footprint of the project.
Second, it brings great benefits to residents because standard green buildings, especially Lotus, provide them with comfort and convenience in terms of climate, temperature, light and sound.
Third, standard Lotus green buildings always encourage energy saving while operating to reduce carbon emissions and monthly electricity bills, bringing economic benefits to residents.
Corporate social responsibilities
In addition to business activities, Phuc Khang Corporation is one of the businesses that pioneered corporate social responsibilities. With the spirit of “Giving compassionately” and “Giving responsibly”, Phuc Khang Corporation has recently accompanied Ho Chi Minh City in the fight against Covid-19.
At the beginning of social distancing in HCMC, Phuc Khang Corporation provided 40 tons of clean vegetables to people in quarantine areas, residents, and staff …
When the pandemic peaked, Phuc Khang Corporation launched “The Green Heart of Giftivism” to accompany the city and people in the fight against Covid-19.
CEO Luu Thi Thanh Mau (red) and a representative of the leadership of Phuc Khang Corp present four high-end ultrasound machines to the University of Medicine and Pharmacy Hospital in HCMC. Photo courtesy of Phuc Khang Corp
During three months of social distancing, Phuc Khang Corporation provided 500 sick beds, 2,000 test kits, and thousands of boxes of medical masks to field hospitals. Additionally, 10,000 gifts were handed to the poor, more than 10,000 packages of medicine for F0 home treatment, and more than 20,000 meals to frontline forces.
Leaders of Phuc Khang Corporation also met representatives of hospitals to understand obstacles and deficiencies in order to provide adequate and timely support. Namely, Phuc Khang Corporation funded more than VND25 billion to ease the burdens of doctors by offering state-of-the-art medical equipment and necessities to eight frontline hospitals.
In the phase of normalization and adaptability, “The green heart of Giftivism” continues providing a wide variety of helpful activities to ease the post-Covid pain and boost the growth of future generations: granting 500 tablets to poor students in District 3 – HCMC, funding 1,000 tablets for poor students in Dong Nai Province, granting 100 scholarships worth VND300 million to students experiencing hardship due to contracting the Covid-19 virus. Besides, Phuc Khang Corporation continues accompanying people in hardship, supporting social welfare with the program “Complimentary supermarket”…
The representative of Phuc Khang Corporation believes corporate responsibility toward community is one of the pillars of sustainable development.
Tran Tam, chairman of Phuc Khang Corporation is awarded the honorable prize for Top 10 sustainable businesses in Vietnam in 2021.
Phuc Khang Corporation has passed thousands of businesses to be among the top 10 sustainable businesses in Vietnam. This award honors businesses that succeed in fulfilling responsibilities in three aspects, including economy, society, and environment. The business hereby meets 119 criteria of Corporate Sustainability Index – CSI 2021.
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