FiinGroup And PV Power Sign Cooperation Agreement To Enhance Financial Transparency And Strengthen Sustainble Capital Development

Hanoi, November 3, 2025 – FiinGroup and PetroVietnam Power Corporation (PV Power) officially signed a Memorandum of Understanding (MOU) aimed at standardizing and enhancing financial transparency, strengthening financial management foundations, and improving access to quality capital for PV Power and its subsidiaries. The signing ceremony was attended by Mr. Nguyen Huu Hieu, Chief Executive Officer of FiinGroup, and Mr. Nguyen Duy Giang, Deputy Chief Executive Officer of PV Power. 

Collaboration Leveraging The Strengths Of Both FiinGroup and PV Power 

As Vietnam’s capital market undergoes a profound restructuring, the standardization of financial data, transparency, and compliance with international standards have become key to enabling enterprises to access quality capital. The cooperation between FiinGroup and PV Power aims to address these needs and represents a strategic step for PV Power toward sustainable growth. 

Under the agreement, FiinGroup will collaborate with PV Power in several key areas, including: 

1. Financing strategy advisory and assessment to help PV Power optimize its capital structure and financial management efficiency.  
2. Supporting for bond issuance preparation and consideration of an independent credit rating, which may be conducted by FiinRatings (a member company of FiinGroup), to enhance credit transparency and improve access to both domestic and international institutional investors.  
3. Supporting the development of an IR website and the application of the FiinPro-X data platform, along with communicating PV Power’s initiatives to the investor community, to reinforce the company’s credibility and professional image. 

Mr.Nguyen Huu Hieu, CEO of FiinGroup (in the middle) and Mr.Nguyen Quang Thuan, Executive Chairman of FiinGroup and FiinRatings (on the right)

Mr. Nguyen Huu Hieu, CEO of FiinGroup, stated “Information is not just for compliance, and transparency is not merely a governance requirement - it is a competitive advantage. PV Power is among the few state-owned listed companies that have excelled in investor relations and capital mobilization, both domestically and internationally. FiinGroup is proud to accompany PV Power in pioneering a new standard of financial transparency - built on data, credibility, and international best practices - to unlock access to quality capital and foster sustainable growth.”

Mr. Nguyen Anh Tuan, Board member of PV Power. 

Mr. Nguyen Anh Tuan, Board member of PV Power, emphasized: “Today’s signing ceremony marks a strong commitment to long-term, in-depth, and sustainable cooperation between our two organizations, opening up new opportunities to leverage mutual strengths, enhance operational efficiency, and contribute to shared development.” 

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Business Information:  

About FiinGroup 

With the mission to “Enlighten the market”, FiinGroup is a leading provider of financial data and analytics in Vietnam, offering advanced financial and business data platforms and in-depth market research services for investors, financial institutions, and corporates both domestically and internationally. 

Over nearly two decades of development, FiinGroup has built a comprehensive financial data ecosystem covering more than 2 million enterprises in Vietnam, with millions of data points updated continuously. FiinGroup currently serves over 1,000 institutional clients worldwide and, during 2023–2024, contributed to over 30% of investment and trade-related information flows in Vietnam. 

FiinRatings, a subsidiary of FiinGroup and a licensed credit rating agency in Vietnam, provides credit rating, risk assessment, and green bond verification services, helping to promote transparency and international standards in the local capital market. 

About PV Power 

PetroVietnam Power Corporation (PV Power), a subsidiary of PetroVietnam (PVN), was established on May 17, 2007, with the mission of developing the nation’s power generation capacity and becoming a strong and reputable industrial–commercial corporation in Vietnam and Southeast Asia. 

After 17 years of growth, PV Power is now the second-largest power producer in Vietnam and the leading enterprise in gas-fired power generation. With extensive experience in investment, construction, operation, and maintenance of power plants, PV Power is actively developing LNG-to-power and renewable energy projects in line with the Government’s energy transition and sustainable development orientations. 

Alongside its expansion strategy, PV Power continues to standardize financial information, strengthen transparency, and optimize capital-raising strategies toward becoming a modern, efficient, and internationally integrated energy enterprise.