Nam Cuong Group

What Nam Cuong Group does

Nam Cuong Group is a privately held, family-controlled Vietnamese real estate and hospitality conglomerate headquartered in Hanoi. Founded in 1984, the company employs 501-1,000 people and operates across urban planning, residential and mixed-use real estate development, and hotel and resort operations. Its product portfolio is anchored by the flagship ~200-hectare Duong Noi Township in western Hanoi, which it positions as Vietnam's first Zero-Energy Township and which contains multiple villa sub-districts (An Khang, An Vuong, Will State, Sol Lake), premium apartment complexes (Anland Premium, Anland Complex, Anland Lakeview, The Sparks), mixed-use complexes (HH2), and a 22.86-hectae commercial center at Do Nghia. Beyond Duong Noi, the group runs township projects in Co Nhue (Hanoi), three in Nam Dinh (Hoa Vuong, Thong Nhat, My Trung), two in Hai Duong (Eastern, Western), and a luxury tourism and resort complex in Phu Quoc, alongside six Nam Cuong-branded hotels and resorts across Hai Phong, Hai Duong, Do Son, Nam Dinh, Duong Noi, and Phu Quoc.

Revenue is generated through three streams: one-time sales of residential and commercial units (apartments, villas, shophouses) across its township master plans; recurring revenue from hotel and resort operations under the Nam Cuong Hotel & Resort brand; and recurring property management services across completed developments. The Anland Complex holds an EDGE resource-efficiency certificate from the IFC (World Bank Group), awarded on April 2, 2017, supporting its sustainability positioning. The go-to-market combines direct sales from project sites targeting young families and first-time homebuyers (with apartments positioned under VND 1 billion) and successful young professionals (via shop-villa products), supplemented by a dedicated Investment Cooperation division that courts domestic and international co-investment and joint ventures.

Strategic differentiators include 35+ years of operating history, government relationships enabling large-scale land assembly and approvals, an integrated township model spanning residential, commercial, hospitality, and amenity assets (including Southeast Asia's first outdoor Astronomy Theme Park, developed with VAST), and international partnerships (EGO Group Italy for landscape design, IFC certification, Australia-Vietnam PST Ltd for condominium design). The group is led by Chairwoman Le Thi Thuy Nga and General Director Tran Van Nghia (appointed May 2014), continuing the founding family's stewardship after the late founding Chairman Tran Van Cuong.

Name

Nam Cuong Group

Legal name

Công ty Cổ phần Tập đoàn Nam Cường Hà Nội

Website

https://namcuong.com.vn

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Nam Cuong Group is a family-controlled Vietnamese real estate developer and hospitality operator, founded 1984 in Hanoi, building integrated urban townships (anchored by the ~200-hectare Duong Noi flagship) and operating six hotels and resorts across Vietnam for residential buyers and travelers.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Residential Building Construction (23611), New Housing For-Sale Builders (236117), Land Subdivision (23721), Traveler Accommodation (7211)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Sustainable/Green Building & LEED Consulting (BPAHAKAG)

Keywords

• Real estate development
• Urban township planning
• Residential property sales
• Hotel resort operations
• Hospitality services

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure, Others

Revenue model

1. Real Estate Development: Development and sale of residential properties including apartments, villas, shophouses, and commercial units across multiple urban township projects in Vietnam.
2. Hotel and Resort Operations: Operation of multiple hotels and resorts across Vietnam including Nam Cuong Hanoi, Hai Phong, Hai Duong, Nam Dinh, Do Son, and Phu Quoc locations providing hospitality services.
3. Property Management Services: Building and township management services for completed residential and commercial developments.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Nam Cuong Group is a Vietnamese developer that plans and builds large urban townships (including the 200-hectare Duong Noi flagship), develops and sells residential properties such as apartments, villas, and shophouses, and operates a portfolio of hotels, resorts, and a luxury tourism complex across Vietnam. The group also provides property and township management services and pursues joint-venture investment partnerships for selected projects.

Product overview

Nam Cuong Group is a leading Vietnamese real estate developer with over 35 years of experience, operating primarily in urban planning, real estate development, and hospitality. The company's portfolio consists of multiple distinct product lines: (1) Urban township projects including the flagship 200-hectare Duong Noi Township in Hanoi (the first Zero-Energy Township in Vietnam) plus townships in Co Nhue, Hoa Vuong, Thong Nhat, My Trung (Nam Dinh), and Eastern/Western Hai Duong; (2) Residential sub-products under Duong Noi including villa sub-districts (An Khang Villa, An Phu Shop-villa, An Vuong Villa, Will State Villa, Sol Lake Villa), premium apartment complexes (Anland Premium, Anland Complex, Anland Lakeview, The Sparks Condominium), and the Trung tam thuong mai va Pho cho Do Nghia commercial center; (3) Mixed-use complexes including the HH2 Hotel-Commercial Center-Office-Apartment Complex; (4) Hospitality offerings spanning six hotels and resorts across Vietnam (Hai Phong, Hai Duong, Do Son, Nam Dinh, Duong Noi Hanoi, Phu Quoc) plus the Phu Quoc Tourism and Luxury Resort Complex; (5) Amenity products including the Astronomy Theme Park (Southeast Asia's first outdoor astronomy park); and (6) NamCuongBuilding office leasing. The company positions itself around core values of Education, Ecology, and Commerce with a focus on green, sustainable urban development.

Differentiator

Problem solved

Functional benefit

Brands

• Anland: Premium residential complex brand including Anland Premium, Anland Complex, and Anland Lakeview projects within the Duong Noi Township.
• Nam Cuong Hotel & Resort

Products and services

• Duong Noi Township (KĐT Dương Nội - Hà Nội) A flagship urban township development spanning approximately 200 hectares in the western section of Hanoi, designed as Vietnam's first Zero-Energy Township with integrated residential, commercial, and hospitality facilities including villa sub-districts, apartment complexes, a commercial center, an astronomy theme park, and central Bach Hop Thuy Lake.
• Anland Premium Apartment Complex High-end apartment complex within Duong Noi Township targeted at young families seeking a premium residential option with urban amenities.
• Anland Complex Luxury mixed-use apartment complex within Duong Noi Township featuring comprehensive educational environment and 2,000 m2 of gardens and play areas for children; awarded the EDGE resource-efficiency certificate by IFC (World Bank Group) in April 2017.
• Anland Lakeview Apartment Complex High-end apartment complex within Duong Noi Township offering lake views and premium living amenities.
• The Sparks Condominium Complex (Le Van Luong) Condominium complex consisting of 14 buildings across two blocks (CT7 with 10 units covering 36,195 m2 and CT8 with 4 units covering 16,484 m2), total investment nearly 2,000 billion VND, handed over in 2013.
• An Khang Villa (Tiểu khu An Khang) High-class villa sub-district overlooking the lake park within Duong Noi Township, offering premium residential units with green living spaces.
• An Phú Shop-villa A pioneering commercial villa model in Vietnam combining business and living spaces, designed for successful young entrepreneurs seeking integrated shop and residential functionality.
• An Vượng Villa (Tiểu khu An Vượng) Villa sub-district adjacent to the lake park within Duong Noi Township, featuring garden-villa designs bringing residents close to nature.
• Will State Villa Premium villa sub-district within Duong Noi Township Phase 2 (Zone B).
• Sol Lake Villa Lakefront villa sub-district within Duong Noi Township Phase 3 (Zone D), offering premium residential living near water features.
• Do Nghia Commercial Center and Market Street (Trung tâm thương mại và Phố chợ Đô Nghĩa) Commercial center spanning 22.86 hectares with market houses, villas, commercial areas, landscape gardens, and lake parks, located at the intersection of Ring Road 4 and extended Le Van Luong Street.
• HH2 Mixed-use Complex (Khu phức hợp HH2) 5.6-hectare mixed-use complex featuring hotel, commercial center, offices, villas, and luxury apartments, located on extended Le Van Luong road adjacent to The Sparks and Do Nghia Commercial Center.
• Astronomy Theme Park Southeast Asia's first outdoor astronomy theme park located in the center of Duong Noi Township, covering over 12 hectares with Bach Hop Thuy Lake (approximately 6 hectares water surface); developed in cooperation with the Vietnam Academy of Science and Technology.
• NamCuongBuilding (Office for Lease) Commercial office building offering office space for lease, managed by Nam Cuong Group.
• Co Nhue New Urban Area (Khu ĐTM Cổ Nhuế - Hà Nội) New urban area development project in Co Nhue, Hanoi.
• Hoa Vuong New Urban Area (Nam Dinh) New urban township project in the Hoa Vuong area of Nam Dinh city.
• Thong Nhat New Urban Area (Nam Dinh) New urban township project in the Thong Nhat area of Nam Dinh city.
• My Trung New Urban Area (Nam Dinh) New urban township project in the My Trung area of Nam Dinh city.
• Eastern Township Hai Duong (Khu đô thị Phía Đông - Hải Dương) Eastern urban township development project in Hai Duong province.
• Western Township Hai Duong (Khu đô thị Phía Tây - Hải Dương) Western urban township development project in Hai Duong province.
• Nam Cuong Phu Quoc Tourism and Luxury Resort Complex (Khu Tổ hợp DVDL nghỉ dưỡng cao cấp Nam Cường Phú Quốc) High-end tourism and luxury resort complex developed by Nam Cuong Group on Phu Quoc island.
• Nam Cuong Hotels & Resorts Brand (6 properties: Hai Phong, Hai Duong, Do Son, Nam Dinh, Duong Noi - Hanoi, Phu Quoc) Hospitality brand encompassing multiple hotel and resort properties across Vietnam, including four-star hotels in Hai Phong, Hai Duong, Nam Dinh, and Duong Noi (Hanoi), a five-star hotel and resort in Do Son, and a hotel in Phu Quoc.

Quantifiable outcome

• First Zero-Energy Township in Vietnam developed by Nam Cuong at Duong Noi

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered minor and core.

• International Finance Corporation (IFC)minorOthers · 2 April 2017IFC, a member of the World Bank Group, awarded EDGE Certificate to Anland Complex project for resource efficiency standards.
• Australia-Vietnam PST Ltd Joint VenturecoreStrategic or Co-development PartnerDesign partnership for The Sparks Le Van Luong Condominium Complex, developed with joint Australian-Vietnamese design expertise.
• EGO Group (Italy)coreStrategic or Co-development PartnerItalian landscape design partner selected by Nam Cuong Corporation to develop township landscapes. MoU signed for development of green spaces.
• Vietnam Academy of Science and Technology (VAST)coreStrategic or Co-development PartnerCollaboration with VAST experts for the development of South-East Asia's first outdoor Astronomy Theme Park in Duong Noi Township.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCF6xc3E--_Sbu1T-fpfuNHg
• Facebookfacebook.com/The-NamCuong-321361934873124
• LinkedInlinkedin.com/company/nam-cuong-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nam Cuong Group