Strategic Partnership Signing Ceremony between HAGL, OCB, and OCBS
On November 25, 2025, Orient Commercial Joint Stock Bank (OCB), OCBS Securities Joint Stock Company (OCBS), and Hoang Anh Gia Lai Joint Stock Company (HAGL) officially signed a Strategic Partnership Agreement aimed at promoting green finance and sustainable development.
Founded in 1993, privatized in 2006, and listed in 2008, HAGL was recognized as one of Vietnam’s leading real estate groups alongside other successful business segments. However, faced with the global financial crisis and strongly affected by market fluctuations and other adverse conditions, HAGL experienced significant difficulties and entered the most challenging period in its development history, leading to major changes and a narrowing of its business scope and activities.
Currently, with a strong restructuring strategy and a change in business direction, HAGL is gradually recovering with the mission of producing clean and safe agricultural products by applying circular agriculture practices and a green transition. The company is optimizing resource use, reducing emissions, and restructuring its capital flows toward efficiency and sustainability. HAGL aims to become Vietnam’s leading agricultural company by 2030 and expand to become a supplier of agricultural products across the Asian region. In addition to its existing internal strengths, HAGL always receives support and collaboration from its important strategic partners.
Speaking at the event, Mr. Nguyen Duc Quan Tung – Member of the Board of Directors and CEO of OCBS – stated:
"OCBS fully understands HAGL’s strong determination and efforts over the past three decades. We also have full confidence in HAGL’s growth potential and its goal of becoming a leading agricultural company in the Indochina region. As a strategic advisory partner, OCBS is committed to supporting HAGL and working closely with OCB to develop green financial solutions, long-term capital strategies, and ESG standards in line with international norms. We believe that the cooperation between OCBS, OCB, and HAGL will connect the financial and agricultural value chains, creating prosperity for the company and moving toward a green and sustainable future for the community."
Mr. Nguyen Duc Quan Tung – Member of the Board of Directors and CEO of OCBS – shared at the event.
In the coming period, OCBS will continue to accompany HAGL in financial advisory, sustainable development, and the standardization of investor relations activities through solutions that support the company, address outstanding challenges, plan business structure, and define strategic directions; connect investors and prepare solid resources for the new growth phase.
Speaking at the event, Mr. Doan Nguyen Duc – Chairman of HAGL’s Board of Directors – stated that the company is gradually returning to sustainable growth and aiming for a large-scale green agriculture model – a strategy that requires sustained support from partners and reputable financial institutions such as OCB and OCBS.
Mr. Doan Nguyen Duc - Chairman of HAGL’s Board of Directors – shared at the signing ceremony.
"We believe that the strategic cooperation between HAGL, OCB, and OCBS will serve as a key lever to help HAGL strengthen its financial foundation and focus resources on achieving significant breakthroughs in the near future. OCB is a reputable and transparent financial institution that always prioritizes green and sustainable development projects – which perfectly aligns with the direction HAGL is pursuing. By meeting all the necessary criteria, HAGL has gained OCB’s support, further reinforcing the basis for building an effective agriculture model, Mr. Duc emphasized.
At the ceremony, OCB representatives also affirmed the bank’s commitment to green financing, credit portfolio, and supporting HAGL’s sustainable development strategy. Mr. Pham Hong Hai – CEO of OCB – stated:
"With the goal of becoming a pioneering green bank in Vietnam, OCB has been collaborating with international financial institutions such as IFC and DEG, as well as participating in the Green Banking Alliance… Not merely a funding provider, OCB also serves as a ‘Grow Partner’ – a trusted development partner for many large enterprises in Vietnam."
In 2024, OCB recorded a nearly 30% increase in its green credit outstanding compared to 2023, focusing on renewable energy, green construction, and sustainable agriculture. Choosing to partner with HAGL is a consistent step in line with OCB’s strategy. We expect this cooperation to contribute to creating sustainable value for the economy, the community, and the environment.
The strategic cooperation between OCB, OCBS, and HAGL aims to promote green finance and sustainable development.
In the context of the Vietnamese government promoting green economic policies with the goal of achieving net zero emissions by 2050, the joint actions of financial institutions and enterprises play a crucial role. The strategic signing event between OCB, OCBS, and HAGL is considered a pioneering step in establishing and strengthening connections within the financial and agricultural value chains, thereby driving stable growth and sustainable development.
Sources: https://cafef.vn OCB, OCBS và Hoàng Anh Gia Lai ký kết hợp tác chiến lược
