Following the COVID-19 pandemic, individuals and businesses alike have been striving to recover economically and health-wise. It was during this period that Mr. Le Huu Nghia, a renowned entrepreneur born in 1976, known for his affordable housing projects, launched the AB – Le Thanh ecosystem.
At that time, Mr. Le Huu Nghia shared, “The long-term goal of the AB – Le Thanh ecosystem is to achieve sustainable development for its member companies, serve the community, and create a ‘key to stable living’ for our customers.”
Since then, Le Thanh has expanded aggressively into high-end real estate, hotels, tourism, beauty, and F&B sectors.
What does high-end resort real estate offer?
This Christmas season, the market is abuzz with a gold-plated hotel located on one of Ho Chi Minh City’s largest avenues, which has invested billions in festive decorations. The hotel stands out with its dazzling gold exterior, vibrant colorful lights, and grand Christmas displays.
Lachateau Hotel by Mr. Le Huu Nghia shines brightly on Vo Van Kiet Avenue, Ho Chi Minh City – Photo: Lachateau, Znews
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Built on a 6,000m² plot, the 5-star Lachateau Hotel is a standout on Vo Van Kiet Avenue with its 19-story European castle-inspired architecture. “Adorned with gold, Lachateau Hotel seems to emerge from a fairy tale” – as described on Lachateau’s website.
Additionally, in the misty city of Da Lat, Le Thanh owns a 5-star hotel with over 296 rooms on Mai Anh Dao Street, opposite the Valley of Love.
The company is also developing a resort project in Mui Ne Lamuine, spanning 10 hectares, featuring 44 bungalows and 750 condotels. This project was acquired through the takeover of Minh Quan Link Tourism Company.
Thus, whether in the plains, mountains, or by the sea, this 1976-born entrepreneur has high-end resort projects, aligning with his strategy to invest beyond affordable housing, which initially built his company’s reputation.
 Lamuine Resort project in Mui Ne, Binh Thuan.
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Research indicates that the owner of these high-end hotels is Le Thanh Trading and Construction Company Limited, founded by Mr. Nghia in 2001. Initially focused on construction, the company later ventured into real estate, developing social housing and commercial projects for low-income earners under the Le Thanh brand in western Ho Chi Minh City, such as Le Thanh Tan Kien, Le Thanh Tan Tao 1 and 2, NOXH Le Thanh An Lac, Le Thanh Twin Towers, and Le Thanh – Zone A and B.
As of October 2025, the company has a charter capital of 600 billion VND, with Mr. Nghia, the Director, holding 99.9%, and Ms. Pham Thi Doan Trang holding 0.1%.
In real estate, Mr. Nghia also established Le Thanh Real Estate Investment and Construction Company Limited in 2015. Currently, its charter capital is 20 billion VND, with Mr. Nghia owning 99.9%.
To operate the hotel chain, Le Thanh Restaurant – Hotel Company Limited was founded in 2008, with a current capital of 500 billion VND. Mr. Nghia holds 99% and serves as Chairman and Director.
Beauty and F&B Brands
In 2019, Cana Group Company Limited was established, specializing in trading machinery, equipment, and spare parts. With a capital of 10 billion VND, Mr. Nghia initially held 70%, and Mr. Ly Gia Van held the remainder. By year-end, Mr. Van withdrew, leaving Mr. Nghia, the Chairman of the Board, with 95%, and Ms. Nguyen Tran Kim Ngan with 5%.
Another company in this sector is Le Thanh My Thuan Company Limited, with shareholders including Le Thanh Company (5%), Le Thanh Hotel (5%), and Mr. Nghia (90%).
Furthermore, in 2020, the AB Beauty World cosmetics supermarket chain, owned by AB Beauty World Company Limited, was launched, succeeding Cana Group. As of mid-December 2025, its charter capital is 280 billion VND, with Le Thanh Company holding 48.214%, Le Thanh Hotel 48.214%, Mr. Nghia (Chairman) 1.34%, and Ms. Le Thi Minh Nguyet 2.232%.
In the beauty sector, AB Dental World was launched in 2022. AB Dental World Company Limited, initially named AB Dentistry, has a current capital of 60 billion VND, with Le Thanh holding 70.595% and Mr. Nghia as Chairman.
AB Beauty World currently has 4 stores, all in Ho Chi Minh City.
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AB Dental World currently has 3 branches, all in Ho Chi Minh City.
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In the F&B sector, the Lekofe coffee brand emerged, featuring a coffee roasting and grinding facility, whole beans, paper filters, instant coffee, and a take-away business model. Lekofe also distributes through supermarkets, stores, and nationwide franchising, starting at 130 million VND. Lekofe Coffee Beverage Company Limited was established in 2022, with a current capital of 35.7 billion VND, and Mr. Nghia (Chairman) holding 83.929%.
Lekofe operates standalone stores, take-away vehicles, and external franchises.
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The entrepreneur has shared with the media that maintaining a lean structure with fewer shareholders is a strategic advantage, significantly reducing costs.
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AB-Le Thanh Ecosystem
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– 13:00 05/01/2026
