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Smiling Vietnamese girl in red ao dai riding a bike


Our Mission.

To provide our clients and partners with our valued in-depth information, our strong high-profile networks and our practical expertise and experience to grow their successful real estate business in Vietnam for project investments & developments of housing / apartment / township / office / industrial park / factory / logistics / infrastructure / shopping / hotel & resort / etc.

Our History.

From 2001, our key founders and leaders developed the Dai Beach Project of over 500ha on Phu Quoc Island, Kien Giang Province, Vietnam, which is now Vinpearl Phu Quoc and Starbay Complex. We had to be involved in all the processes from A - Z of this large scale real estate complex development:

  1. Site Surveying Process

  2. Market Research

  3. Local & Central Govt. Lobbying & Negotiation Process

  4. Master & Detailed Planning & Designing Process

  5. Feasibility Study Process

  6. Legal Approval Process

  7. Land Resettlement & Compensation Process

  8. Land Use Right Fee Decision Process

  9. Land Use Right Assignment Process

  10. Investment Approval Process

  11. Financial Structuring Process

  12. Fund Raising Process

  13. Risk Management Control

  14. 3rd Party Negotiation & Selection Process

  15. etc...

Besides this project, we have been also involved in other projects. So we do understand how challenging it is to get all the above hard works done! That is why we established SaoKhue Investment & Trade Promotion (SaoKhue) and our real estate communities to help local and foreign developers and investors in the real estate industry in Vietnam.

Our Clientele.

We have been assisting hundreds of local and foreign developers and investors and also Vietnamese local & central authorities, of which include: Starbay Holdings, Vingroup, CC1, Vinaconex, Idico, DIC, Becamex, C.T Group, Phuc Khang, Sacomreal / TTC Land, Duc Khai, Haseko Corp, Taisei Corp., Sumitomo Corp., Mitsubishi Corp., Kobelco Eco Solution, JICA, Hanoi City, HCMC, Kien Giang Province, Ninh Thuan Province, Binh Thuan Province, Bac Ninh Province, Hai Phong City, Quang Ninh Province, Da Nang City, Thua Thien Hue Province, Can Tho City, Ba Ria Vung Tau Province, Dong Nai Province, Binh Duong Province, Kobe City, etc...

Our Phylosophy.

Real estate industry in Vietnam is complicated and risky with a lot of untransparent & unclear information. However, we pursue clean, transparent, trustworthy and professional practices.


Vinpearl Phu Quoc


Starbay Crowne Plaza

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Diamond Lotus Riverside, Dist.8, HCMC.

A green apartment project successfully developed with our assistance


Golden Dragon Award 2008.

We won Golden Dragon Award in 2008 for the best ecological real estate development project in Vietnam for our Dai Beach project (Starbay Holdings Ltd.) which is now Vinpearl Phuquoc and Starbay.

Winners of the annual Golden Dragon Awards were selected based on votes by readers of Vietnam Economic Times and the organising board under stringent criteria. The board consists of leaders from key public agencies such as the Ministry of Planning and Investment, the Ministry of Trade, the Ministry of Finance, the State Bank of Vietnam, the Union of Vietnam Scientific and Technological Associations and Vietnam Economic Times.

Vietnam Economic Times magazine is one of the country’s leading economic publications. Launched in 1992, it now has four different versions publishing in Europe, Asia and America. All versions poll their readers annually to select the best companies from 10 industries.

The Golden Dragon Award acknowledges efficient production activities, respect for business ethics and remarkable contributions to the national economy.

SaoKhue and its directors, associations have also received many various prestigious awards from many local provincial and central governemnt authorities and organizations for their great contributions to the country.

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Mr. Than Thanh Vu - Founder and Chairman of SaoKhue on the right and his partner Mr. Martin H. Kaye

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From right: Mr. Than Thanh Vu, Dr. Phan Huu Thang - then General Director of Foriegn Investment Authority (FIA), Ministry of Planning & Investment (MPI), and Mr. Vu's partners.

Our Key Team.

  • Mr. THAN THANH VU - Founder & Chairman
    Mr. Vu is a great Vietnamese philanthropist. He has helped more than 3,000 orphans and he continues to make major contributions to charity and community activities through the Compassion for Children Foundation (Thuong Tre Tho Foundation, and Vietnam Tourism - Property Association (VnTPA, He is a participant in planning, investing and developing Phu Quoc Island from the early days of the island's development to turn this place into a major international tourist destination of Vietnam and the region. He also participated in the development of many other large projects in Vietnam and contributed greatly with many practical suggestions for perfecting legal institutions for Vietnam's young real estate industry. He has received the prestigious Golden Dragon Award and many major awards from the Government for his great contributions to the Vietnamese real estate industry and charity activities. He is the founder and chairman of VnTPA, Thuong Tre Tho Foundation and a long-time board executive director of the Vietnam Real Estate Association (VnREA). He is a regular speaker at many major forums in Vietnam and internationally. Mr. Vu is also the founder and president of VnTPA Golf Club and the President Cup golf tournament, which competes in the Ryder Cup format among golf clubs across Vietnam. He is also a senior advisor to many local and international corporations. You can search 'Than Thanh Vu' on google and you can find many articles of Mr. Than Thanh Vu. Email: /
  • Ms Le Kim Thuy (Kim) - Executive Director
    Ms. Kim graduated from Foreign Trade University and has been a partner with Mr. Vu since 2001. With a thorough, sure personality and many years of practical experience with hundreds of deals and special sensibility, Ms. Kim always see deep-rooted problems, potential risks. Her comments are always listened to by associates, customers and partners and are of great value to the success of a transaction. Email:
  • Dr. PHAN HUU THANG - Senior Advisor
    Mr. Thang has more than 30 years of senior state management in the field of foreign investment. He was formerly the General Director of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment (MPI). Together with Mr. Vu, he founded the Vietnam Tourism Property Association (VnTPA) and many national forums of real estate industry. He is the one who created major national policies in attracting foreign investments. During the FIA ​​period under his leadership, Vietnam always attracted record investment and had the highest economic growth. Mr. Thang has cooperated with SAOKHUE since 2004. He was the 1st president of VnTPA for the term of 2009 - 2014. He is currently a senior advisor of SAOKHUE. His experiences, relationships and knowledges are valuable assets. You can search 'Phan Huu Thang' on google and you can find many article of Dr. Thang. Email:
  • Mr. TONG VAN NGA - Senior Advisor
    Mr. Nga is a former Deputy Minister of Construction, who created the initial policies to help develop the real estate sector in Vietnam. Mr. Nga and Mr. Vu have jointly founded and run the Vietnam Tourism Real Estate Association (VnTPA), the Vietnam Real Estate Association (VnREA). After retiring from Ministry of Construction, Mr. Nga has cooperated with SAOKHUE in many projects. Email:
  • Mr. BUI NGOC SUONG - Senior Advisor
    Mr. Suong is a former president of the people's committee of Kien Giang province. With over 40 years serving for Vietnamese Communist Party and Vietnamese Government at several high ranking positions, Mr. Suong's experience, knowledge, expertise, relationship are the valuable assets. Mr. Suong provides us advices to deeply understand the government systems & practices and to effectively deal with issues related to local and central government systems. Together with Mr. Vu, Mr. Suong is also a founder of VnTPA (Vietnam Tourism Property Association / He's now the chairman of VnTPA. Email:
  • Ms LE KIM DUNG - Director
    Ms. Dung has worked with Mr. Vu for over 20 years and is one of the founding members of SAOKHUE Corp. Ms Dung is in charge of internal operations, accounting & finance, tax issues. Email:
  • Mr. MINH QUANG - Associate Director
    Mr. Quang graduated from the University of Economics in Ho Chi Minh City and the University of Central Queensland, Australia. Besides, Mr. Quang has also experienced international training courses on tax, audit, finance, investment, economic analysis, management, leadership, etc. Mr. Quang has more than 20 years of working experience. and held many middle and senior positions at Ernst & Young, BP, Masangroup, VinGroup before joining SAOKHUE Corp. Over the past 25 years, Mr. Quang has helped develop, manage & support hundreds of businesses & projects both nationally and internationally with billions of USD. Mr. Quang's main expertises are of financial & tax areas. Email:
  • Ms LE THI MY TIEN (Ajisai Le) - Research & Business Development Manager
    Before joining SaoKhue, Ms Ajisai Le was a senior officer of Saigon Times Group - a large state media conglomerate of Vietnam, where she was in charge of Saigon Times Foundation Club which is a business leader community in Ho Chi Minh City. At SaoKhue, Ms Ajisai Le is in charge of market survey, business networking development, project coordination. Email:


We collaborate closely with the below organizations

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