The Only Bank Honored with “Outstanding Progress in Corporate Governance”
At the 2025 Vietnam Listed Company Awards (VLCA), OCB excelled among over 500 listed companies across both stock exchanges, securing a spot in the Top 50 finalists in all three categories: Annual Report, Corporate Governance, and Sustainability Report. OCB emerged as the only bank to receive the “Outstanding Progress in Corporate Governance” award in the mid-cap group.
The judging panel highly praised OCB’s strategic shift from “compliance-driven governance” to “value-driven governance.” This transformation is evident through numerous innovations in the governance system, including early disclosure of meeting materials and critical information to allow shareholders ample time for review, pre-meeting shareholder consultations, transparent selection criteria for board members, and enhanced report quality by eliminating redundancies and focusing on core content.
Mr. Lê Đăng Khoa – Director of Corporate Banking Division at OCB, receiving the award at VLCA 2025
Notably, 2025 marked the year VLCA updated and enhanced its evaluation criteria, setting a higher bar for participating companies. The revised standards emphasize board independence, committee effectiveness, transparency in related-party transactions, and conflict-of-interest management, compelling businesses to improve comprehensively across structures and operations. This evolution aligns VLCA with global advanced assessment models, underscoring OCB’s exceptional performance in meeting these rigorous standards.
Securing a Double Win as Top 10 Sustainable Businesses in Vietnam
Alongside its governance achievements, OCB was honored as one of the Top 10 Sustainable Businesses in Vietnam – in the Trade and Services category at the 2025 CSI Awards, organized by the Vietnam Chamber of Commerce and Industry (VCCI). This marks the second consecutive year OCB has been recognized by the evaluation council, highlighting its significant strides in sustainable development.
The CSI index comprises 145 indicators across seven sections, divided into Basic (87 indicators) and Advanced (58 indicators) levels, assessing economic, governance, social, and environmental aspects. Notably, CSI 2025 emphasizes the shift from “compliance” to “innovation” in sustainable practices, positioning it as a long-term competitive advantage for businesses.
OCB’s inclusion in the Top 10 Sustainable Businesses in Vietnam, after surpassing nearly 600 companies and three rounds of independent evaluations by councils from various ministries and organizations, demonstrates its full compliance with stringent requirements. This achievement reflects OCB’s consistent ESG performance and reinforces its commitment to integrating sustainability into its business strategy, solidifying its leadership in green finance in Vietnam.
Mr. Nguyễn Bá Ngọc – Director of Large Corporate and Investment Banking Division at OCB, receiving the award at CSI 2025
OCB is recognized as one of the earliest banks to establish a strategic foundation for sustainable development. In 2025, amidst economic uncertainties, OCB remained steadfast in its strategy, launching green financial products and policies to support SMEs, WSMEs, and startups. Simultaneously, the bank enhanced its governance system, improved ESG risk management, and increased transparency in sustainability reporting and disclosures.
“Being consecutively honored at two prestigious awards underscores OCB’s efforts in building a transparent and responsible governance model – a critical foundation for long-term growth and value creation for partners, communities, and society.” shared an OCB representative.
OCB consistently making its mark on the sustainable development journey
Moving forward, OCB is dedicated to effectively implementing its development strategy, aiming to become one of the Top 5 private commercial banks in Vietnam. The bank will strengthen collaboration and dialogue with stakeholders to mobilize resources, adopt best practices in ESG governance, and ensure sustainable business operations aligned with the interests of customers, shareholders, and the economy.
Vietnam’s Textile Industry Boosts Competitiveness Amid Deep Restructuring Pressures
The textile and garment industry is poised to achieve a significant milestone in 2025, with exports projected to reach $46 billion, solidifying its position among the global top three. This accomplishment serves as a crucial stepping stone for the industry to meet its future goals amidst the challenges of deep restructuring and the growing demand for sustainable, eco-friendly standards.
Unlocking Vietnam’s M&A Potential: Reforms Focus on Governance and Transparency
With institutional reforms and enhanced legal frameworks, Vietnam’s M&A market is increasingly focused on governance and transparency.
Identifying Bad Businesses vs. Good Businesses in Bad Situations
Distinguishing between a “bad business” and a “good business in a bad situation” is critical, according to experts. This distinction is the pivotal factor that determines the success or failure of a restructuring deal.
Vinamilk Solidifies Its Leadership in ESG Excellence
Vinamilk solidifies its pioneering position with a series of prestigious awards in sustainable development and corporate governance in 2025. From the Listed Company Awards (VLCA) 2025 to the Vietnam Sustainability Index (CSI) 2025, the company consistently garners recognition across key categories, underscoring its robust ESG strategy implemented with tangible impact and aligned with long-term competitive capabilities.
BRG Group Honored as Vietnam’s Sustainable Enterprise for the 5th Consecutive Year
On December 5th, during the “New Chapter of the Green Era” ceremony announcing Vietnam’s Sustainable Businesses for 2025, BRG Group was honored among the Top 100 Sustainable Enterprises in the Trade and Services sector under the CSI 2025 Program, organized by the Vietnam Chamber of Commerce and Industry (VCCI).
