Kosy Group
- Company typePublic
- Founded2008
- HeadquartersHanoi, Vietnam
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
Kosy Group firmographics
Firmographics- Name
- Kosy Group
- Legal name
- Kosy Group
- Website
- https://kosy.vn
- Company type
- Public
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Kosy Group industry classification
Industry- Product category
- Real Estate & Renewable Energy Development
- NAICS
- Wind Electric Power Generation (221115), Hydroelectric Power Generation (221111), Electric Power Generation (22111)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF)
- akta.pro secondary industries
- Hydro BOP Civil & Water Conveyance (Dams, Spillways, Penstocks, Canals) (EUAMAFAG), Balance-of-Plant (BOP) & Civil Works for Power Plants (EUAEAAAL), Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI)
Keywords
Where Kosy Group is headquartered
LocationHeadquarters
- HQ city
- Hanoi
- HQ country
- Vietnam
- HQ region
- Asia
Offices3 records
Markets served
Kosy Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Real Estate Development: Development and sales of residential urban areas, including villas, townhouses, shophouses, and commercial buildings across various provinces in Vietnam.
- Renewable Energy Generation: Operation of hydropower plants and wind farms that generate electricity sold to the national grid. Revenue comes from electricity generation and sales.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Kosy Group product offering
Product offeringCore offering
Kosy Group develops and sells residential and commercial urban real estate projects across multiple Vietnamese provinces (villas, townhouses, shophouses, commercial buildings) and develops, operates and sells electricity generated from renewable energy assets including hydropower plants (Nam Pac 1&2 at 34 MW, Ta Pao Ho cluster at 24 MW, planned Kosy Di Linh at 1,500 MW pumped storage) and the Kosy Bac Lieu onshore wind farm (40.5 MW Phase 1). Revenue is earned from real estate unit sales to individual buyers and from electricity sales to the Vietnamese national grid under regulated tariffs.
Product overview
Kosy Group operates as a dual-focus conglomerate in Vietnam with two core business segments: Real Estate Development and Renewable Energy. The real estate portfolio includes urban development projects such as Kosy Lita Hà Nam (open urban model), Kosy Ninh Bình (villas and terrace houses), Kosy Mountain View Lào Cai, Kosy Eden Bắc Giang, and Khu dân cư Cầu Gồ. The renewable energy segment encompasses operational hydropower plants including Nậm Pạc 1&2 (34 MW total), wind power at Kosy Bạc Liêu (40.5 MW Phase 1), and projects under development including Thủy điện Pa Vây Sử, Mường Tùng, Tả Páo Hồ cluster, and a 1,500 MW pumped storage project at Di Linh. The company operates through multiple subsidiaries including Công ty CP Kosy (stock code KOS), Công ty CP Điện gió Kosy Bạc Liêu, and Công ty CP Đầu tư Thủy điện HPL.
Differentiator
Problem solved
Functional benefit
Brands
- Kosy City Beat: Urban development project in Thai Nguyen
- Kosy Mountain View
- Kosy Riverside
- Kosy Lita
- Kosy Eden
- Kosy City
Products and services
- Kosy Lita Hà Nam (Khu đô thị Kosy Lita Hà Nam) Urban development project located at the gateway to southern Hanoi featuring a modern open urban model with residential and commercial spaces, targeted at mid-market individual property buyers and small investors in Ha Nam province.
- Kosy Ninh Bình (Khu đô thị Kosy Ninh Bình) Urban area project in Ninh Bình province featuring villas, terrace houses, and synchronized infrastructure, sold to individual property buyers in central Vietnam.
- Kosy Mountain View (Khu đô thị Kosy Mountain View) Urban development project in Lào Cai with a green landscape focus and community activities, targeted at mid-market property buyers in northern Vietnam.
- Kosy Eden Bắc Giang (Khu đô thị Kosy Eden Bắc Giang) Urban project in Bắc Giang province featuring residential and commercial units, sold to individual buyers and small investors in northern Vietnam.
- Khu dân cư mới thị trấn Cầu Gồ Residential urban area project in Yên Thế district, Bắc Giang province, distributed via MIDLand Real Estate as exclusive distributor since 2018.
- Nhà máy Thủy điện Nậm Pạc 1 & 2 Hydropower plant cluster with total capacity of 34 MW and total investment exceeding VND 1,100 billion in Lai Chau province, generating electricity sold to the Vietnamese national grid.
- Nhà máy Thủy điện Pa Vây Sử Hydropower project under development in Lai Chau province, intended to generate and sell electricity to the Vietnamese national grid.
- Nhà máy Thủy điện Mường Tùng Hydropower project with approximately 34 MW capacity located in Điện Biên province, intended to generate and sell electricity to the Vietnamese national grid.
- Nhà máy Điện gió Kosy Bạc Liêu (Phase 1) Onshore wind power plant with 40.5 MW Phase 1 capacity in Bac Lieu province, the first onshore wind project in the Mekong Delta, generating electricity sold to the Vietnamese national grid under regulated tariffs.
- Thủy điện Tả Páo Hồ 1A & 1B Hydropower project cluster with total capacity of 24 MW (1A: 13.5 MW, 1B: 10.5 MW) in Lai Chau province, intended to generate and sell electricity to the Vietnamese national grid.
- Thủy điện tích năng Kosy Di Linh Pumped storage hydropower project with 1,500 MW capacity under development in Lâm Đồng province, intended to provide grid-scale storage and generate electricity sold to the Vietnamese national grid.
Quantifiable outcome
- First onshore wind power project in Mekong Delta completed in October 2021
- +1 more outcomes
Companies that use Kosy Group
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles3 records
Kosy Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Kosy Group partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- China Power / Eastern China Electric Power Design InstitutecoreChina Power is the largest power corporation in China. The Eastern China Electric Power Design Institute under China Power has nearly 70 years of experience with hundreds of projects. Discussions focused on pumped storage hydropower cooperation including the 2,100 MW Chan Long Shan project visit.
- China Gezhouba Group (CGGC)coreCGGC is a Top 500 global enterprise with operations in 8 sectors including power, construction, environmental protection, and real estate. The company has over 200 branches in more than 80 countries. Discussions focused on developing renewable energy projects together.
- TEPCO (Tokyo Electric Power Company)coreTEPCO visited Kosy Group three consecutive times to discuss cooperation in renewable energy projects. The Japanese company, with 25 thermal power plants, 3 nuclear plants, 146 hydropower plants, and 5 renewable energy facilities, is interested in investing, supplying equipment, and consulting on the Kosy Di Linh pumped storage hydropower project (1,500 MW).
- National Economics UniversityminorUniversity students visited Kosy Group headquarters for career orientation and learning. Collaboration includes Accounting, Investment, and Business programs. Chairman Nguyen Viet Cuong shared entrepreneurship journey with students.
- SANY Energy (SANY Group)coreSANY Energy, a member of SANY Group (5th largest heavy machinery manufacturer globally), has proposed cooperation for Kosy Bac Lieu Wind Power Phase 2 project and offshore wind power projects. The company specializes in renewable energy equipment and wind turbine systems.
- GoldwindcoreGoldwind is a leading wind turbine and renewable energy solutions provider with over 36 years of history, having installed over 42,000 wind turbines globally with total capacity exceeding 77 GW across 6 continents and 32 countries. Partnered for Kosy Bac Lieu Wind Power project.
- Danko GroupcoreStrategic distribution partnership expanded to include Kosy Song Cong urban area project after successful cooperation on Kosy Lao Cai project. Professional distribution channel promoting liquidity of Kosy projects.
- Hải Phát LandcoreStrategic distribution partnership for Kosy Group's real estate projects. First major distribution partner for urban development projects.
Scale indicators9 records
Recent moves8 records
Expansion highlights5 records
Kosy Group competitors and assessment
Company assessmentDirect peers
- BIM Group: Vietnamese holding group with parallel dual focus on real estate (urban townships, hotels, resorts) and renewable energy (hydropower, wind, solar IPP). Closest comparable to Kosy's diversified model and scale in Vietnam.
- Power Engineering Consulting Joint Stock Company 2 (PECC2): Listed Vietnamese engineering and hydropower EPC firm with operational hydropower assets. Comparable to Kosy's hydropower project development and grid-connected generation activities.
- Song Da Corporation: Major Vietnamese construction and hydropower EPC contractor with extensive hydropower plant portfolio. Comparable to Kosy's hydropower development and operating capabilities in Vietnam.
- Sunshine Group: Vietnamese conglomerate combining large-scale residential real estate development with renewable energy investments (solar). Operates a similar multi-subsidiary structure and dual-segment strategy to Kosy.
Broad incumbents
- Phat Dat Real Estate (PDR): Listed Vietnamese real estate developer focused on residential and urban area projects. Comparable as a publicly listed Vietnamese property developer of similar mid-tier scale.
- Novaland (NVL): Major listed Vietnamese real estate developer with large urban residential and mixed-use projects. Comparable on real estate development operations, though Kosy's portfolio is more province-focused.
- Vinhomes (VHM): Vietnam's largest residential real estate developer by market cap, a subsidiary of Vingroup. Comparable on the real estate segment scale, but operates at much larger scale and is not an energy IPP like Kosy.
- PV Power (POW): Vietnamese listed independent power producer majority-owned by Petrovietnam. Comparable as a publicly listed Vietnamese IPP, though Kosy is also a developer while PV Power is purely an operator.
Others
- Electricity of Vietnam (EVN): State-owned national utility and the off-taker for Kosy's wind and hydropower electricity sales. Not a competitor but a critical counterparty that determines Kosy's PPA economics and grid access.
Regional players
- Hoang Anh Gia Lai (HAG): Vietnamese listed conglomerate combining real estate and agriculture/energy interests. Comparable as a publicly listed Vietnamese diversified group, though with different sector mix.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Kosy Group social profiles
Digital presenceKosy Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kosy Group leadership team
Management profileNumber of profiles
Profiles12 records
Kosy Group subsidiaries and ownership
Company hierarchySubsidiaries4 records
Kosy Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kosy Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kosy Group
What does Kosy Group do?
Kosy Group develops and sells residential and commercial urban real estate projects across multiple Vietnamese provinces (villas, townhouses, shophouses, commercial buildings) and develops, operates and sells electricity generated from renewable energy assets including hydropower plants (Nam Pac 1&2 at 34 MW, Ta Pao Ho cluster at 24 MW, planned Kosy Di Linh at 1,500 MW pumped storage) and the Kosy Bac Lieu onshore wind farm (40.5 MW Phase 1). Revenue is earned from real estate unit sales to individual buyers and from electricity sales to the Vietnamese national grid under regulated tariffs.
Is Kosy Group a public or private company?
Kosy Group is a public company. It is classified as public and is currently operating.
When was Kosy Group founded?
Kosy Group was founded in 2008. It employs 51 to 100 people.
Where is Kosy Group based?
Kosy Group is headquartered in Hanoi, Vietnam, in the Asia region.
How does Kosy Group make money?
Two revenue lines are on record. Real Estate Development is the primary driver. The others are renewable Energy Generation.
Who are Kosy Group's main competitors?
Direct peers on record are BIM Group, Power Engineering Consulting Joint Stock Company 2 (PECC2), Song Da Corporation and Sunshine Group. Broad incumbents are Phat Dat Real Estate (PDR), Novaland (NVL), Vinhomes (VHM) and PV Power (POW). Electricity of Vietnam (EVN) is listed as an others. Hoang Anh Gia Lai (HAG) is listed as a regional player.
Does Kosy Group have an API?
No public API is recorded for Kosy Group.
What industry is Kosy Group in?
Kosy Group's product category is Real Estate & Renewable Energy Development. Its primary akta.pro industry code is EUAEAAAF, Wind Power Plant EPC (Onshore/Offshore), with a secondary code of EUAMAFAG, Hydro BOP Civil & Water Conveyance (Dams, Spillways, Penstocks, Canals). Its NAICS code is 221115 and its SIC code is 4991.