Strategic Partnership Signed Between OCB, OCBS, and Hoang Anh Gia Lai

Established in 1993, HAGL underwent corporatization in 2006 and was listed in 2008, earning its reputation as Vietnam’s leading real estate conglomerate alongside other successful business ventures. However, when faced with the global financial crisis, HAGL encountered significant challenges due to market volatility and adverse external conditions, leading to a period of turbulence in its development history. This prompted the company to undergo substantial changes and streamline its operations.

Today, with a robust restructuring strategy and a shift in business focus, HAGL is steadily recovering. Its mission is to produce clean and safe agricultural products through the application of circular agriculture and green transition practices. By optimizing resource utilization, reducing emissions, and restructuring capital for efficiency and sustainability, HAGL aims to become Vietnam’s leading agricultural company by 2030 and a key regional supplier in Asia. This transformation is supported by strong strategic partnerships.

Speaking at the event, Mr. Nguyễn Đức Quân Tùng, Board Member and CEO of OCBS, stated, “OCBS deeply understands HAGL’s unwavering determination and three decades of relentless effort. We are confident in HAGL’s growth potential and its goal to become a leading agricultural enterprise in Indochina. As a strategic consulting partner, OCBS is committed to collaborating with OCB to develop green financial solutions, long-term capital strategies, and ESG standards in line with international benchmarks. We believe this partnership will create value for both finance and agriculture, fostering prosperity and a sustainable future for the community.”

Moving forward, OCBS will continue to support HAGL in financial consulting, sustainable development (ESG), and investor relations (IR) standardization. This includes providing solutions to address existing challenges, optimizing business operations, and preparing for a new growth phase by connecting with investors.

Reflecting on HAGL’s journey, Mr. Đoàn Nguyên Đức, Chairman of HAGL, shared, “HAGL is gradually returning to its growth trajectory, focusing on large-scale green agriculture—a strategy requiring long-term support from trusted financial institutions like OCB and OCBS.”

“We are confident that the strategic partnership between HAGL, OCB, and OCBS will significantly strengthen our financial foundation and enable us to achieve breakthroughs. OCB’s commitment to green projects and sustainable development aligns perfectly with HAGL’s vision. Their support reinforces our ability to build an effective agricultural model.” Mr. Đức emphasized.

At the ceremony, OCB representatives reaffirmed the bank’s commitment to green financing and sustainable development. Mr. Phạm Hồng Hải, CEO of OCB, stated, “As a pioneer in green banking in Vietnam, OCB collaborates with international institutions like IFC and DEG and is part of the Green Banking Alliance. Beyond financing, OCB serves as a trusted ‘Grow Partner’ for many leading Vietnamese enterprises.

In 2024, OCB’s green credit portfolio grew by nearly 30% compared to 2023, focusing on renewable energy, green infrastructure, and sustainable agriculture. Partnering with HAGL aligns with our strategy, and we expect this collaboration to create lasting value for the economy, community, and environment.”