TUAN LE Construction Company Limited

What TUAN LE Construction Company Limited does

TUAN LE Construction Company Limited is a privately held Vietnamese general contractor founded in 2009 by M. Tuan Le and headquartered in Ho Chi Minh City, with a regional branch in Hanoi. The company delivers design-build, industrial, high-rise, resort and villa, and commercial construction projects across Vietnam, with contract values ranging from $1M to $100M+ and an annual revenue run-rate approaching $150M USD. Its client base is anchored by multinational corporations, including Tata Coffee, Bel Group, PepsiCo, Nestlé, Carlsberg, HEINEKEN, Hitachi ABB, FM Logistics, Kingspan, Trelleborg, Crystal International, and LOGOS, alongside large domestic developers and institutions.

The company's service portfolio spans the full project lifecycle from conceptual design through foundation, structural, MEPF (Mechanical, Electrical, Plumbing, and Finishing), and final finishing works, supported by in-house Building Information Modeling (BIM) capabilities used to optimize critical-path delivery. A wholly-owned subsidiary, Solutions Construction, operates as a design-build member company executing large industrial mandates. TUAN LE holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, has delivered Vietnam's first EDGE-certified university campus (British University Vietnam) and the country's first LEED Platinum v4 factory (Kingspan Phu My), and operates a 'Green Commitment / Green Contract' anti-corruption program. The company is led by CEO M. Mike Gammel with the founder M. Tuan Le remaining active, and was recognized as a Top 10 Best Contractor in Vietnam at the 2025 Hubexo Asia Awards.

TUAN LE generates revenue through project-based, lump-sum or cost-plus general contracting agreements on large-scale construction projects, sold exclusively via direct enterprise sales to MNCs and large domestic developers. Its go-to-market relies on relationship-driven business development, repeat engagements with multinational clients, business association memberships (notably the Dutch Business Association of Vietnam), and a safety culture that has earned recurring awards from clients including CapitaLand, Nestlé, Heineken, PepsiCo, Daiwa House, Coca-Cola, Tata, and FM Logistics. The firm is privately held, with no public listing or institutional investors identified, and the founder's family retains ownership control.

Name

TUAN LE Construction Company Limited

Legal name

TUAN LE Construction Company Limited

Website

https://tuanle.com.vn

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

TUAN LE Construction is a privately held Vietnamese general contractor founded in 2009, delivering design-build, industrial, high-rise, and hospitality projects for multinational corporations and large domestic clients across Vietnam, with annual revenues approaching $150M USD.

Ownership category

akta.pro rank

Product category

General Construction Contracting

NAICS

Industrial Building Construction (23621), Commercial and Institutional Building Construction (23622)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Food & Beverage Processing Plant Construction (IMAFADAH)

akta.pro secondary industry

Office & Corporate Building Construction (IMAFACAA)

Keywords

• General contracting services
• Industrial construction
• Design and build
• MEPF systems installation
• Construction project management

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. General Contracting Services: TUAN LE Construction generates revenue as a main contractor for construction projects, covering design-build, industrial, high-rise, and resort/villa projects. Revenue is project-based, earned through lump-sum contracts or cost-plus arrangements on large-scale construction projects ranging from 1 million to 100+ million USD.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

TUAN LE Construction is a Vietnamese general contractor providing end-to-end construction services across four main divisions: Design & Build, Industrial, High-Rise Buildings, and Resort & Villa. The company delivers large-scale projects ranging from 1 million USD to 100+ million USD, covering civil, structural, MEPF (Mechanical, Electrical, Plumbing, and Finishing), and finishing works for multinational corporations and large domestic clients.

Product overview

TUAN LE Construction Company Limited is a Vietnamese general contractor offering a unified portfolio of construction services organized into four core divisions: Design & Build (full project lifecycle services), Industrial Construction (factories, warehouses, cold storage, manufacturing plants), High-Rise Buildings, and Resort & Villa/Hospitality construction. The company operates on a holistic project delivery model combining design optimization, construction management, and MEPF systems installation. Supporting these divisions is a dedicated HSE service unit ensuring compliance with international safety and environmental standards. Projects range from 1 million USD to 100+ million USD, with capabilities spanning commercial, education, hospitality, and industrial sectors throughout Vietnam.

Differentiator

Problem solved

Functional benefit

Products and services

• Design & Build Services

Quantifiable outcome

• Over 100 projects completed successfully across Vietnam since 2009
• +4 more outcomes

Named customers20 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

20 partnerships are on record, tiered core, major and minor.

• Bel GroupcoreStrategic or Co-development PartnerTUAN LE continues its partnership with Bel Group as Main Contractor for the Bel Vietnam Factory Renovation and Expansion Phase 2 project in Binh Duong. The partnership reflects multinational corporations' confidence in TUAN LE as a long-term construction partner built on proven delivery capabilities and commitment to international standards. Total investment is US$19.7 million.
• Tata Coffee (Tata Group)coreStrategic or Co-development PartnerTUAN LE was reappointed by Tata Coffee for Phase 2 expansion of its manufacturing facility in Vietnam. This reappointment reflects Tata Coffee's continued confidence in TUAN LE's ability to deliver high-quality industrial projects to international standards. Project scope is over 46,000 sqm targeting LEED Gold certification.
• Trelleborg GroupmajorStrategic or Co-development PartnerSolutions Construction — a member company of TUAN LE Group — was chosen as design and build contractor for Trelleborg's new factory at Phu My 3 IP, Ba Ria – Vung Tau. The project covers over 60,000 sqm with a 15-month timeline and construction contract valued at 30 million USD. The facility aims for LEED Gold certification.
• KingspanmajorStrategic or Co-development PartnerTUAN LE entered a partnership with Kingspan as main contractor for the first Kingspan factory in Asia. The project includes a total building area of 16,000 sqm for insulated panel manufacturing, aiming to be the first factory in Vietnam to achieve LEED Platinum v4 certification and targeting net-zero carbon operation.
• British University Vietnam (BUV)majorStrategic or Co-development PartnerTUAN LE served as main contractor for the Phase 2 campus development of British University Vietnam, contributing to the first university in Vietnam to achieve EDGE certification, delivering 41% energy reduction, 22% water savings, and 37% reduction in embodied energy in materials.
• Pepperl + FuchsmajorStrategic or Co-development PartnerTUAN LE designed and constructed Pepperl + Fuchs' VN2 factory at Tan Thuan EZP in District 7, HCMC — their second factory in Vietnam. The 22,000 sqm facility was built to LEED Gold standards with a construction value of 18 million USD.
• SPECTRE An Giang (Danish investor)majorStrategic or Co-development PartnerTUAN LE delivered the SPECTRE An Giang Garment Technology Factory — the third SPECTRE factory in Vietnam and the first Danish FDI project in An Giang Province. The LEED Gold-certified factory creates 2,500 local jobs and reduces approximately 1,600 tonnes of CO₂ emissions per year using solar energy.
• Nichirei Logistics Group (NLG)majorStrategic or Co-development PartnerTUAN LE was selected as construction contractor for the Nichirei TBA cold storage project and subsequently the Nichirei Tan Bao An cold storage project. Projects include warehouses with 10 cold rooms, capacity up to 20,000 pallets, with temperatures ranging from -25°C to 22°C.
• Mensa IndustriesminorStrategic or Co-development PartnerTUAN LE signed its third contract with Mensa Industries for their Phase III factory as design and build contractor with a construction contract value of 4 million USD, demonstrating repeat business and client trust.
• PepsiCo Foods VietnamcoreStrategic or Co-development PartnerTUAN LE was awarded the role of main contractor for construction and MEP lots for the Factory Extension and Frypack project at PepsiCo's Ninh Binh food processing factory. This is the third collaboration between TUAN LE and PepsiCo.
• Westlake Compounds VietnammajorStrategic or Co-development PartnerTUAN LE was selected as design and build contractor for the Westlake Compounds Vietnam factory in Bien Hoa, Dong Nai. The factory includes advanced facilities, improved working conditions, high automation, and sustainability features including closed drainage systems, energy management, and solar power.
• Keppel Land and Phu LongmajorStrategic or Co-development PartnerTUAN LE serves as main contractor for the Celesta Avenue townhouse project — part of the 6.2-hectare Celesta City joint development by Keppel and Phu Long. The project involves 43 double-facade commercial townhouses on 1.5 hectares.
• NestlécoreStrategic or Co-development PartnerTUAN LE entered a new partnership with Nestlé for Project Diana at the Nestlé Tri An factory, marking the sixth collaboration with Nestlé. The contract includes complete CSA civil works and MEPF systems at Amata Industrial Zone, Bien Hoa, estimated at approximately 17 million USD.
• Carlsberg VietnamcoreStrategic or Co-development PartnerTUAN LE served as main contractor for Carlsberg Vietnam's Phu Bai brewery expansion, investing nearly 90 million USD and increasing capacity by 50%, making Phu Bai the largest Carlsberg brewery in Asia.
• Crystal International GroupmajorStrategic or Co-development PartnerTUAN LE won the Regent Textile Vietnam project awarded by Crystal International Group, located in Cam Khe Industrial Zone, Phu Tho Province. The project covers over 16 hectares with a total investment of approximately 180 million USD and delivery scheduled for August 31, 2026.
• LOGOSmajorStrategic or Co-development PartnerOn November 27, 2023, TUAN LE signed a design and construction contract valued at approximately 100 million USD with LOGOS for a logistics project in Tan Phu Trung Industrial Park, Cu Chi, HCMC. The contract was later terminated by LOGOS due to a change in their business development strategy, and a settlement agreement was signed on April 10, 2025.
• FM LogisticsmajorStrategic or Co-development PartnerTUAN LE signed its third construction contract with FM Logistics for Phase 2 expansion of their Bac Ninh distribution center. The project covers 16,000 sqm on nearly 50,000 sqm of land, built to LEED Gold standard, completed in July 2024.
• Fusion Hotel GroupminorStrategic or Co-development PartnerTUAN LE was appointed main contractor for the first Hiive hotel by Fusion Hotel Group in Binh Duong, with a construction contract valued at 9.7 million USD. The 12-storey 4-star hotel at VSIP I, Thuan An was delivered in 2022.
• Daiwa HouseminorStrategic or Co-development PartnerTUAN LE has received safety awards from Daiwa House as part of their recognition by international clients for HSE excellence.
• CapitaLandminorStrategic or Co-development PartnerTUAN LE has received safety awards from CapitaLand as part of their recognition by international clients for HSE excellence over more than 10 years of operations.

Scale indicators7 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• Hyundai Engineering & Construction: Major Korean general contractor with active industrial and infrastructure projects in Vietnam. Overlaps with TUAN LE on factory, plant, and industrial park construction for multinational corporates entering Vietnam.
• Shimizu Corporation: Large Japanese global general contractor with Vietnam operations. Competes for the same multinational industrial and commercial construction opportunities as TUAN LE but with much larger balance sheet and global delivery capability.
• Kajima Corporation: Large Japanese construction and real estate developer with Vietnam operations. Competes with TUAN LE on large-scale industrial and commercial projects in Vietnam, leveraging a much broader global capability set.
• Obayashi Corporation: Major Japanese global general contractor with significant Vietnam operations. Obayashi competes for large industrial and infrastructure projects from the same multinational clients (e.g., Hitachi-related industrial work) but as part of a much broader global portfolio.

Direct peers

• Hoa Binh Construction Group Joint Stock Company: Major Vietnamese general contractor delivering industrial, commercial, and residential projects nationwide. Competes directly with TUAN LE on mid-to-large scale construction tenders in Vietnam and serves similar multinational and domestic enterprise clients.
• An Phong Holdings Construction Investment Joint Stock Company: Vietnamese general contractor focused on industrial, civil, and infrastructure construction. Competes with TUAN LE for industrial and commercial construction contracts from both domestic and multinational clients in Vietnam.
• Coteccons Construction Joint Stock Company: One of Vietnam's largest private general contractors, headquartered in Ho Chi Minh City. Coteccons competes directly with TUAN LE for industrial, commercial, and high-rise construction contracts with multinational clients across Vietnam.
• Delta Construction Joint Stock Company: Vietnamese general contractor specializing in industrial and civil construction. Comparable to TUAN LE in target market and project types, including factories, commercial buildings, and infrastructure projects across Vietnam.
• Ricons Construction Investment Joint Stock Company: Vietnamese general contractor delivering industrial, commercial, and residential projects. Comparable scale and target customer base to TUAN LE, often bidding on similar multinational and domestic industrial facility projects in Vietnam.
• Central Construction Joint Stock Company: Vietnamese general contractor with industrial and commercial building focus. Competes with TUAN LE in the same Vietnamese industrial and commercial construction segment.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tuan-le-construction-company

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

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 TUAN LE Construction Company Limited