Kien A

What Kien A does

KIẾN Á Group (KIEN A Corporation, legally KIEN A Trading – Services Co., Ltd) is a privately held Vietnamese diversified developer headquartered in Ho Chi Minh City, founded in 1994 and operating since 1998 in real estate. The group controls a 360+ hectare land bank across 6+ Vietnamese provinces, anchored by the 152-hectare Cat Lai Township (Thu Duc City area) and the Lavila Nam Sai Gon township, with active projects including the Citigrand apartment complex, Arcadia at Lavila high-rise joint venture with France's PierreVal, Lavila Island, Galleria villas, and the Bai Om Resort in Phu Yen Province operated under the Hyatt brand. Its product portfolio spans affordable apartments (Citihome, Citisopho, Citialto), premium condos and villas (Imperia An Phu, Lavila series, Galleria), integrated townships, and a luxury beach resort, with pricing not publicly disclosed and positioning skewed to the premium and upper-mid segments.

The company monetises through one-time sales of developed residential units (primary revenue), supplemented by recurring streams from three wholly-owned educational institutions — UMT University (20,000-student capacity), Saigon Information Technology College (SITC, 600 students), and Duy Tan School (K-12, 3,000 students) — plus professional services revenue from sports facilities, F&B and retail operations, real estate and facility management, and a construction arm covering infrastructure, civil/industrial, and landscape works. Go-to-market is direct B2C via project showrooms, launch events, and the corporate website (kiena.vn), with banking partnerships (ACB, HDBank, VIB) and capital backing (VinaCapital, HFIC, Prudential) enabling buyer financing. The group operates through 36+ member companies and 300+ personnel, with charter capital grown from 1,368 billion VND (2018) to 3,000 billion VND (~USD 120–130M) in 2021.

The business is led by founder-Chairman Dr. Huỳnh Bá Lân and has accumulated 40+ industry awards, including PropertyGuru Vietnam Property Awards 2025 (Best High-End Condo HCMC and Best Lifestyle Condo Vietnam for Arcadia at Lavila), APEA 2020, ASHUI 2015, and Green Brand 2015. Architectural and design partnerships with international firms (DPA, AW², KIRK, Sala Design Group, MIA, Transform Architecture, KAZE) and the PierreVal joint venture provide design and brand credibility, while the Heritage Foundation handles community engagement. The company has no public listing, no disclosed external institutional investors, and has funded growth through retained earnings rather than equity dilution.

Name

Kien A

Legal name

KIEN A Trading – Services Co., Ltd

Website

https://kiena.vn

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

251–500 employees

Short description

KIẾN Á is a privately held Vietnamese urban developer founded in 1994, operating across 6+ provinces with a 360+ hectare land bank. It develops premium residential townships, apartments, and villas in HCMC and beyond, plus educational institutions and a Hyatt-operated beach resort, serving Vietnamese homebuyers and investors.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

Other Activities Related to Real Estate (531390), Real Estate Property Managers (53131)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)

akta.pro industry

PRIMARYIMAFABAL

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities)

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Residential Building Construction

SECONDARYFSAAAKAL

Real Assets — Operating Platforms & Direct Investments

Financial & Insurance/Asset & Wealth Management/Asset Management — Real Assets (Real Estate, Infrastructure, Natural Resources)

SECONDARYBPAJAMAA

Residential Real Estate Asset Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Asset & Portfolio Management

Keywords

• Residential real estate development
• Integrated township projects
• Luxury villa development
• Property construction services
• Education facility development

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Real Estate Development: Primary revenue stream from development and sale of residential properties including apartments, villas, townhouses, and integrated townships such as Cat Lai Township (152 hectares), Lavila Nam Sai Gon, Citigrand, and Arcadia at Lavila.
2. Education Services: Revenue from educational institutions including Duy Tan School, Saigon Information Technology College (SITC), and Ho Chi Minh City University of Management and Technology (UMT).
3. Property Management Services: Operational services including Sports Hub facilities, F&B and Retail Services, Real Estate Management, and Facility Management that enhance resident experience and drive long-term sustainable value.
4. Construction Services: Infrastructure construction including land leveling, road networks, water supply, drainage systems; civil and industrial construction; and landscape and greenery construction for urban areas, parks, and resorts.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Kien A develops and sells premium residential real estate across Vietnam, including apartments, villas, townhouses, and integrated townships such as the 152-hectare Cat Lai Township, Lavila Nam Sai Gon, Citigrand, and Arcadia at Lavila. The group operates four integrated business pillars: real estate development, education (K-12 through university), construction services (infrastructure, civil, landscape), and operational services including facility management, real estate management, sports facilities, and F&B and retail operations.

Product overview

Kien A is a diversified Vietnamese real estate development group operating across four integrated business pillars: Real Estate (residential projects including apartments, villas, townhouses, and townships), Education (universities, colleges, and K-12 schools), Construction (infrastructure, civil, and landscape services), and Services (facility management, real estate management, F&B, and sports). The company operates a multi-product portfolio spanning premium projects like ARCADIA AT LAVILA, GALLERIA, and CITIGRAND; affordable housing including CITIHOME, CITISOPHO, and CITIBELLA; hospitality through BAI OM RESORT; and educational institutions including UMT, SITC, and Duy Tan School. The flagship Cat Lai Township (152 hectares) exemplifies their integrated urban development model combining residential, commercial, educational, and green spaces.

Differentiator

Problem solved

Functional benefit

Brands

• Citigrand: Premium apartment project in Cat Lai urban area with 5.4m high ceiling Signature apartments, 152-hectare green ecosystem, 4-hectare central park, near Metro lines 6 and 10.
• Lavila
• Arcadia at Lavila
• Galleria
• Citihome
• Citisoho
• Citiesto
• Citialto
• Citibella
• Ventura
• Imperia An Phu
• Bai Om Resort
• Cat Lai Township
• Lavila Nam Sai Gon Township
• Citi Ville Township

Products and services

• Arcadia at Lavila Premium residential high-rise development for homebuyers and investors, inspired by PierreVal's 'La Belle Vie – The Beautiful Life' philosophy.
• Citigrand Large-scale apartment project in the Cat Lai urban area targeting homebuyers seeking premium apartments with green spaces and modern amenities.
• Lavila Nam Sai Gon Premium villa township in the Nam Sai Gon area with French-inspired architecture, targeting luxury homebuyers.
• Galleria High-end Mediterranean villa collection in Southern Saigon for luxury villa buyers.
• Citihome Affordable quality apartment project in Cat Lai Ward with modern design for first-time homebuyers and young families.
• Cat Lai Township Master-planned 152-hectare integrated urban township combining residential, commercial, educational, and recreational components.
• Bai Om Resort Luxury beachfront hospitality resort in Phu Yen Province operated by Hyatt, targeting leisure and resort guests.
• Ho Chi Minh City University of Management and Technology (UMT) University-level higher education institution in Cat Lai Ward offering management and technology programs to students.
• Saigon Information Technology College (SITC) Information technology college with holistic education philosophy targeting students seeking IT higher education.
• Duy Tan School K-12 model school in Dak Lak Province providing primary through upper secondary education with focus on character development.
• Infrastructure Construction Services Infrastructure construction services including land leveling, road networks, water supply, and drainage systems for urban development projects.
• Civil & Industrial Construction Services Construction services for residential, commercial, and industrial projects including technical infrastructure components.
• Landscape & Greenery Construction Services Landscape construction services for urban areas, parks, campuses, resorts, and project-based green spaces.
• Sports Hub Services Sports and recreation facilities operating within Kien A residential developments for residents and community members.
• F&B and Retail Services Culinary and retail amenities operating within Kien A residential developments for resident convenience.
• Real Estate Management Services Property management oversight services to drive asset value and operational transparency for managed properties.
• Facility Management Services Standardized operations and maintenance services to ensure secure, high-quality living experience for residents and tenants.

Quantifiable outcome

• Project completed all financial obligations before new land laws application, providing legal security for buyers
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core, minor and strategic.

• PierreVal (France)coreStrategic or Co-development PartnerJoint venture partnership with French developer PierreVal for the Arcadia at Lavila project - the first high-rise development by this joint venture. The project draws inspiration from PierreVal's 'La Belle Vie' philosophy and has received multiple PropertyGuru Vietnam Property Awards 2025 including Best High-End Condo Development (HCMC) and Best Lifestyle Condo Development (Vietnam).
• VERTECONSminorImplementation/ SI/ Consulting PartnerConstruction and consulting partner for project development.
• DPA Architecture & Urban PlanningstrategicTechnology or IntegrationArchitecture and urban planning partner contributing to project design and development.
• CBREminorImplementation/ SI/ Consulting PartnerInternational real estate consulting and property management firm providing advisory services.
• AW² Architecture Workshop 2strategicTechnology or IntegrationParisian architecture firm responsible for Bai Om Resort design, internationally renowned for luxury resort architecture.
• Groupe-PierrevalcoreStrategic or Co-development PartnerSame as PierreVal - French real estate developer partner in joint venture for Arcadia at Lavila and other premium developments. Inspired by 'La Belle Vie' philosophy.
• Hyatt (for Bai Om Resort)strategicStrategic or Co-development PartnerInternational hospitality brand operating Bai Om Resort, bringing global luxury hotel standards to the property.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Vinhomes: Vietnam's largest residential real estate developer and a subsidiary of Vingroup, building large-scale integrated townships (Vinhomes Grand Park, Vinhomes Ocean Park) that directly compete with Kien A's Cat Lai Township model in HCMC.
• Nam Long Group: Vietnamese developer of integrated townships (e.g., Mizuki Park, Akari City) and affordable-to-mid residential products, with comparable township-scale ambitions and Japanese development partnerships analogous to Kien A's PierreVal JV.
• Dat Xanh Group: Vietnamese real estate services and development company operating across brokerage, primary distribution, and development; comparable in scale and HCMC focus to Kien A's direct-sales residential model.
• Novaland Investment Group: Major Vietnamese real estate developer of mid- to high-end residential projects and townships across HCMC and other provinces, competing in similar product categories and price points to Kien A's Lavila and Citigrand lines.
• Sunshine Group: Vietnamese real estate developer of premium apartments and mixed-use projects, particularly in HCMC, overlapping with Kien A's high-end Citigrand Signature and Arcadia at Lavila positioning.
• Phu My Hung Corporation: Developer of the flagship Phu My Hung township in District 7, HCMC — the original premium integrated-township model in Vietnam that Kien A's Cat Lai and Lavila Nam Sai Gon projects emulate.
• An Gia Real Estate Investment and Development Corporation:
• Khang Dien House Trading and Investment Joint Stock Company: Listed Vietnamese developer focused on affordable and mid-market residential projects and townships in HCMC's eastern districts, directly overlapping Kien A's Citihome and Citisoho product lines.

Regional players

• Becamex IDC: Vietnamese industrial-and-urban developer of Becamex Binh Duong township, a comparable integrated industrial-residential township model in a different geography than Kien A's HCMC focus.

Broad incumbents

• Emaar Properties: Global large-scale master-planned community developer (Dubai, Egypt, India); comparable to Kien A in integrated-township model and use of international JV partners for premium positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@KIENAGroup
• Facebookfacebook.com/kienanhaphattrienbatdongsan
• LinkedInlinkedin.com/company/kien-a-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Kien A