FIINGROUP AND OCBS SIGN STRATEGIC PARTNERSHIP TO ADVANCE INTERNATIONAL CREDIT RATING STANDARDS AND GREEN FINANCE IN VIETNAM’S CAPITAL MARKET

Ho Chi Minh City, August 22, 2025 – FiinGroup and OCBS Securities Joint Stock Company (OCBS) have officially signed a Memorandum of Understanding (MOU). This pioneering partnership combines FiinGroup’s leadership in data analytics and credit ratings with OCBS’s expertise in investment banking advisory, aiming to enhance transparency, promote sustainable finance, and deliver effective capital solutions for Vietnamese enterprises. The MOU was signed by Mr. Nguyen Huu Hieu, Chief Executive Officer of FiinGroup, and Mr. Nguyen Duc Quan Tung, Board Member and Chief Executive Officer of OCBS. 

Collaboration leveraging strengths of both FiinGroup and OCBS and responding to Vietnam’s Capital Market Priorities 

As Vietnam pursues the goal of upgrading the stock market classification, transparency in capital raising has become an urgent requirement. Simultaneously, the corporate bond market is undergoing significant restructuring towards transparency and sustainability, accompanying the Government’s Net Zero commitment, the need for international credit rating standards and green financial practices has increasingly become urgent. 

The FiinGroup & OCBS collaboration directly addresses these demands by serving as a critical bridge for Vietnamese enterprises to access global standards, thereby unlocking both domestic and international capital flows sustainably. 

Key Areas of Cooperation 

1. Data-driven collaboration: The two parties commit to enhancing their cooperation in data-related activities. OCBS will continue to utilize FiinGroup’s data services to effectively support its core operations in analysis, investment, and advisory. In addition, both sides will jointly develop and publish research reports and market or sector analyses. 

2. Value creation for corporates and investors: Through networking activities and seminars with market participants, the partnership aims to deliver beneficial value to clients and contribute to a more informed and dynamic investment environment. 

3. Promoting a credit rating culture: OCBS will act as Rating Advisor, guiding issuers through the credit rating process to improve transparency in bond issuance. Independent ratings will further strengthen investor protection. 

4. Advancing Green Bonds activities: The two parties will collaborate in evaluating and advising on green bond frameworks in accordance with both international and domestic standards. A key advantage of this partnership lies in the position of FiinRatings - a FiinGroup subsidiary and licensed credit rating agency - recognized for its ability to provide Second Party Opinions (SPO) aligned with the Climate Bonds Initiative or Vietnamese regulations. Together, FiinGroup and OCBS will support enterprises in developing green bond frameworks and accessing specialized funding for sustainable development projects, contributing to Vietnam’s national green growth objectives. 

By ensuring transparency and aligning with global best practices, the cooperation enhances investor confidence and supports the ongoing restructuring of the Vietnamese capital market. 

Mr. Nguyen Huu Hieu, CEO of FiinGroup, stated: 

"Transparency and soft infrastructures such as information standards and independent credit ratings are fundamental prerequisites for a healthy and sustainable capital market. With the mission of ‘Enlighten the Market,’ FiinGroup is committed to advancing these standards in line with international practices and gaining recognition from the market. The partnership with OCBS marks an important step in amplifying these values while expanding capital-raising opportunities for Vietnamese enterprises." 

Mr. Nguyen Duc Quan Tung, Board Member and CEO of OCBS, added: 

“OCBS is undergoing a significant transformation to become a leading investment bank. Partnering strategically with FiinGroup is a perfect complement to this vision. Together, we deliver not just services, but comprehensive solutions that connect OCBS’s advisory strengths with the international credit rating standards that FiinGroup, together with S&P Global, is pioneering in Vietnam. This reflects our commitment to building a strong, transparent, and trustworthy capital market for Vietnam.” 

Business Information: 

About FiinGroup 

With the mission of “Enlighten the Market”, FiinGroup is a pioneer in providing financial information analysis platforms, business intelligence, and market research to support investors in Vietnam’s capital market and enterprises in their business development and expansion. 

FiinGroup supports the market, investors, and commercial activities in Vietnam through a comprehensive data analytics ecosystem, offering services such as market research, in-depth reports, corporate evaluation, and credit ratings. By applying AI, Big Data, and Machine Learning technologies, FiinGroup’s products and services not only ensure the accuracy of information through real-time data updates but also optimize predictive capabilities to anticipate market fluctuations, delivering valuable insights to clients and users. 

FiinRatings - a member company of FiinGroup and a strategic partner of S&P Global - provides credit rating services. FiinRatings offers a diverse range of services, including credit ratings, risk assessment and analysis, independent assessment and evaluation of green bonds (Second Party Opinion – SPO), serving the needs of issuers, lenders, and investors across various industries in Vietnam. This affirms that FiinRatings is not merely a service provider but has become a critical assessment hub in the economy’s capital flows. 

About OCBS Securities Joint Stock Company (OCBS) 

OCBS Securities Joint Stock Company (OCBS), formerly known as Vietnam International Securities (VIS), was established in 2006. Over nearly 20 years of development and through several strategic capital increases from VND 55 billion initially to VND 1,200 billion in July 2025, OCBS has continued to affirm its strong financial capacity and long-term growth potential. The company has also set ambitious targets for 2025, with revenue growth of 230% and pre-tax profit growth of 420% compared to 2024, the highest level in the past 16 years. 

OCBS aims to become a professional securities company operating under the Investment Banking and Asset Management model, committed to sustainable and long-term development in the market. Its comprehensive range of services includes: (i) Investment Banking Services; (ii) Securities Services; (iii) Asset Management Services; (iv) In-depth Valuation and Research Services; and (v) Capital Investment and Trading. 

With strong expertise, an experienced team of professionals, and flexibility in structuring complex financial products, OCBS is well-positioned to collaborate with FiinGroup in realizing the shared commitment of pioneering in creating value-added solutions for clients, promoting transparency, and contributing to a solid foundation for the sustainable development of Vietnam’s capital market.