Thắng Lợi Group

Name

Thắng Lợi Group

Legal name

Tập Đoàn Thắng Lợi Group

Website

https://thangloigroup.vn

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Thắng Lợi Group is a Vietnamese real estate conglomerate founded in 2010 and headquartered in Ho Chi Minh City, developing townships, shophouses, and mixed-use urban projects primarily in Long An province. It serves individual homebuyers, investors, industrial-zone workers, and retail tenants through direct sales galleries, a 15+ agent broker network, and the Liên Minh VAT distribution alliance.

Ownership category

akta.pro rank

Product category

Residential and Commercial Real Estate Development

NAICS

Land Subdivision (23721), New Multifamily Housing Construction (except For-Sale Builders) (236116), New Housing For-Sale Builders (236117), Residential Building Construction (23611), Rental and Leasing Services (532)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Operators Of Apartment Buildings (6513), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

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

akta.pro secondary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

Keywords

• Real estate development
• Residential property sales
• Land fund investment
• Township master planning
• Commercial shophouse leasing

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development & Land Investment: Core revenue stream from investing in and developing land plots into residential and commercial real estate projects. The group acquires land, obtains permits, and develops townships, mixed-use urban projects, shophouses, townhouses, and apartments across Long An and surrounding provinces.
2. Construction & Project Management: The group provides construction and project management services for its own developments as well as potentially for partners, covering the full lifecycle from planning through delivery.
3. Property Operations & Leasing: Operation and commercial exploitation of real estate assets including commercial centers, markets, and retail spaces within its developments, generating recurring income from tenants and service charges.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Thắng Lợi Group invests in and develops land into residential and commercial real estate projects, building townships, mixed-use urban developments, shophouses, townhouses, garden townhouses, and apartments across Long An province and surrounding areas of the Greater Ho Chi Minh City region. The group also provides construction and project management services and operates commercial centers, markets, and retail spaces within its developments to generate recurring rental income.

Product overview

Thắng Lợi Group là tập đoàn đầu tư và kinh doanh bất động sản hàng đầu Việt Nam, hoạt động theo mô hình hệ sinh thái đa ngành bao gồm: Đầu tư & Phát triển quỹ đất, Xây dựng & Quản lý dự án, Phát triển dự án, Vận hành & Khai thác BĐS, Công nghệ - Giáo dục - Truyền thông và BĐS nông nghiệp Xanh. Danh mục sản phẩm gồm 12 dự án bất động sản chính: The Win City (khu đô thị cao tầng phức hợp), Tân Trụ Royal, The Diamond City, The Sol City (thành phố vệ tinh), West Market Lạc Tấn, Thắng Lợi Central Hill, J-Dragon, Young Town Tây Bắc Sài Gòn, Thắng Lợi Riverside Market, Galaxy Hải Sơn, Tân Trụ Riverside Market, và Thuận Đạo Residence. Ngoài ra, tập đoàn vận hành hệ thống quản lý nội bộ T-CORE.

Differentiator

Problem solved

Functional benefit

Brands

• The Win City: Mixed-use high-rise urban development project spanning 13 ha with approximately 6,000 products including apartments, shophouses, commercial and office space, located at the western gateway of Ho Chi Minh City.
• Tân Trụ Royal
• The Diamond City
• The Sol City
• West Market Lạc Tấn
• Thắng Lợi Central Hill
• J-Dragon
• Young Town Tây Bắc Sài Gòn
• Thắng Lợi Riverside Market
• Galaxy Hải Sơn
• Tân Trụ Riverside Market
• Thuận Đạo Residence

Products and services

• The Win City Mixed-use high-rise urban development project spanning 13 ha with approximately 6,000 products including apartments, shophouses, commercial and office space, positioned at the western gateway of Ho Chi Minh City; positioned to the standard of "High-end apartments, National pricing" and developed by the Thắng Lợi Group – An Cường – Central consortium.
• Tân Trụ Royal Mediterranean-style commercial townhouse project featuring 76 units in the administrative center of Tân Trụ district, Long An province.
• The Diamond City Semi-compound urban development positioned at the junction of two future cities Đức Hoà and Bến Lức in Long An, featuring commercial and residential products with Live-Work-Play amenities.
• The Sol City Satellite city project on over 103 ha in southern Ho Chi Minh City, developed with a focus on nature balance, including residential, commercial, and mixed-use products across three main zones with 39 exclusive amenities.
• West Market Lạc Tấn Western-style commercial market project inspired by Bùi Viện street, offering 30 shophouse units with 1 ground floor and 3 upper floors, floor area 250-350 m² each, in Tân Trụ, Long An.
• Thắng Lợi Central Hill Luxury residential and commercial project spanning 5.6 ha at Gò Đen center (Bến Lức – Long An), featuring European classical-inspired townhouses and commercial products.
• J-Dragon Mixed-use commercial urban township project spanning 5.6 ha in Cần Đước district, Long An, with shophouses, garden townhouses, and amenity zones; 272 products including shophouses and townhouses.
• Young Town Tây Bắc Sài Gòn Green urban project spanning 20 ha in Đức Hòa district, Long An, developed in two phases with 102 garden townhouses and 459 affordable land products.
• Thắng Lợi Riverside Market Commercial community project located in Cần Đước district, Long An, adjacent to Nam Saigon area with river and market frontage, featuring main commercial streets and proximity to the local market.
• Galaxy Hải Sơn Expert housing project spanning 12 ha at Hải Sơn Industrial Zone, Đức Hòa, Long An, serving over 100,000 industrial workers and experts with townhouses and shophouses.
• Tân Trụ Riverside Market Commercial market project in Tân Trụ district, Long An, offering 34 shophouse units with 1 ground floor and 2 upper floors for combined business and residential use.
• Thuận Đạo Residence Residential townhouse project located on Phan Văn Mảng road in Cần Đước district, Long An, near the western gateway connecting HCMC and the Mekong Delta provinces.
• Construction & Project Management Services End-to-end construction and project management services covering planning through delivery for the group's own real estate developments.
• Property Operations & Leasing Operation and commercial exploitation of real estate assets including commercial centers, markets, and retail spaces within the group's developments, generating recurring rental income from tenants and service charges.

Quantifiable outcome

• Over 100,000 industrial workers and professionals served across projects such as The Diamond City
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• Liên Minh VAT (Five Star Land, An Phúc Realty, BĐS Miền Nam)coreChannel Partner/ Reseller/ Distributor · 12 January 2025Liên Minh VAT — comprising Công ty cổ phần kinh doanh và phát triển Bất Động Sản Five Star Land, Công ty TNHH An Phúc Realty, and Công ty Cổ Phần Đầu tư Kinh doanh Bất động sản Miền Nam — is the official distribution partner for The Win City project. This alliance enables broad sales coverage across Southern Vietnam for Thắng Lợi Group's flagship urban development.
• Sumitomo Forestry GroupcoreStrategic or Co-development Partner · 11 July 2022Thắng Lợi Group and Sumitomo Forestry Group (a major Japanese forestry and real estate conglomerate) explored strategic cooperation for sustainable development. The partnership aimed to bring Japanese-quality urban development standards and ESG-aligned practices to Thắng Lợi's projects.
• Gỗ An Cường (An Cường Wood)coreStrategic or Co-development Partner · 2 June 2021Thắng Lợi Group and Gỗ An Cường entered into a comprehensive strategic partnership, with An Cường becoming a strategic shareholder and providing integrated interior solutions for Thắng Lợi's projects (particularly The Sol City). An Cường supplies furniture and interior fit-out packages for shophouse and townhouse units, enhancing the group's value proposition to buyers.
• ARDORminorStrategic or Co-development Partner · 20 March 2021Thắng Lợi Group met with ARDOR to explore collaboration aimed at bringing international-standard urban projects to Vietnam. The nature of the partnership was exploratory, focused on potential design and development standards.
• TOPPIONminorImplementation/ SI/ Consulting Partner · 24 April 2018Thắng Lợi Group partnered with TOPPION to enhance management and leadership capabilities across the organization. TOPPION provided consulting and training services to strengthen executive and management competencies.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Vinhomes: Vietnam's largest real estate developer; overlapping in the mixed-use mega township category and competing for institutional capital and brand-driven buyers nationwide.
• Novaland: Larger Vietnamese real estate developer with nationwide residential and mixed-use projects; serves overlapping HCMC-area buyer segments and represents competition for land and capital.

Regional players

• Becamex IDC: Vietnamese industrial-zone and urban developer in Bình Dương with residential projects integrated to industrial parks; comparable industrial-worker residential thesis but in a different province.
• Keppel Land: Singapore-based real estate developer with established operations in Vietnam (Saigon Centre, Empire City); comparable in pursuing premium-grade mixed-use and township developments in Vietnam, particularly in HCMC.

Direct peers

• Đất Xanh Group: Mid-tier Vietnamese real estate developer with a broad portfolio across Southern Vietnam; both firms operate regional residential townships and use agency distribution networks to sell properties.
• An Gia Real Estate: Vietnamese residential developer focused on affordable and mid-market apartments/shophouses in HCMC-adjacent areas; directly comparable in scale and product positioning to Thắng Lợi.
• Nam Long Group: Vietnamese mid-cap residential and township developer active in HCMC and surrounding provinces; comparable build-to-sell model targeting middle-class homebuyers with similar product mix (townhouses, shophouses, apartments).
• Khang Điền House: Mid-tier Vietnamese residential developer active primarily in HCMC's eastern expansion (District 9/Thu Duc); comparable for its mid-rise township and villa product offering to owner-occupiers and investors.
• Hưng Thịnh Land: One of Vietnam's larger private residential developers with nationwide township and apartment projects; comparable GTM (own sales plus broker network) and peri-urban focus.
• Phát Đạt Holdings: Vietnamese real estate developer with residential and mixed-use projects across Bình Dương and HCMC outskirts; comparable mid-tier scaling profile and asset class overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/thangloigroup1
• Facebookfacebook.com/thangloigroup.vn

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Thắng Lợi Group