OCB, OCBS, and HAGL Officially Sign Strategic Partnership Agreement
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Founded in 1993, HAGL underwent corporatization in 2006 and was listed in 2008. It is recognized as Vietnam’s leading real estate conglomerate, alongside other efficient business sectors. However, facing the global financial crisis, market volatility, and adverse conditions, HAGL encountered significant challenges, entering its most turbulent phase. This led to substantial changes and a narrowing of its operational scope.
Today, with a robust restructuring strategy and a shift in business focus, HAGL is steadily recovering. Its mission is to produce clean, safe agricultural products through circular agriculture and green transformation. By optimizing resource use, reducing emissions, and restructuring capital for efficiency and sustainability, HAGL aims to become Vietnam’s leading agricultural company by 2030 and a regional supplier in Asia. This transformation is supported by key strategic partners alongside its inherent strengths.
At the event, Mr. Nguyễn Đức Quân Tùng, Board Member and CEO of OCBS, stated: “OCBS deeply understands HAGL’s three-decade-long resilience and efforts. We are confident in its potential and goal to lead Indochina’s agriculture sector. As a strategic consulting partner, OCBS commits to collaborating with HAGL and OCB to develop green financial solutions, long-term capital strategies, and ESG standards aligned with international norms. We believe this partnership will connect financial and agricultural value chains, fostering prosperity and a sustainable future for all.”
Mr. Nguyễn Đức Quân Tùng, Board Member and CEO of OCBS, speaks at the event
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Moving forward, OCBS will continue supporting HAGL in financial consulting, sustainable development (ESG), and investor relations (IR) standardization. This includes resolving challenges, restructuring operations, and preparing for new growth phases.
Reflecting on HAGL’s journey, Mr. Đoàn Nguyên Đức, Chairman of HAGL, shared that the company is returning to growth, focusing on large-scale green agriculture. This strategy requires steadfast support from partners like OCB and OCBS.
Mr. Đoàn Nguyên Đức, Chairman of HAGL, speaks at the signing ceremony
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“We trust that the strategic partnership between HAGL, OCB, and OCBS will strengthen our financial foundation, enabling significant breakthroughs. OCB, a reputable and transparent institution prioritizing green projects, aligns perfectly with HAGL’s vision. Meeting OCB’s criteria has reinforced our foundation for an effective agricultural model,” Mr. Đức emphasized.
At the ceremony, OCB reaffirmed its commitment to green financing and supporting HAGL’s sustainable development. Mr. Phạm Hồng Hải, CEO of OCB, noted: “As Vietnam’s pioneering green bank, OCB collaborates with international institutions like IFC and DEG and is part of the Green Banking Alliance. Beyond funding, OCB is a trusted ‘Grow Partner’ for many Vietnamese enterprises.
In 2024, OCB’s green credit increased by nearly 30% compared to 2023, focusing on renewable energy, green infrastructure, and sustainable agriculture. Partnering with HAGL aligns with our strategy. We expect this collaboration to create sustainable value for the economy, community, and environment.”
![]() The strategic partnership between OCB, OCBS, and HAGL aims to promote green finance and sustainable development.
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As Vietnam’s government accelerates green economic policies toward Net Zero by 2050, collaboration between financial institutions and businesses is crucial. The strategic agreement between OCB, OCBS, and HAGL marks a pioneering step toward stable growth and sustainability.
– 13:27 25/11/2025
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