What OGC Group does

OGC Group (Công Ty Cổ Phần Tập đoàn Đại Dương / Ocean Group) is a Vietnam-listed multi-sector conglomerate founded in 2007 and publicly traded on the Ho Chi Minh Stock Exchange (HoSE: OGC) since May 2010. The company operates three core business divisions: (1) real estate development and investment in premium residential, office, retail, and mixed-use projects concentrated in Hanoi, Ho Chi Minh City, Nha Trang, Ha Long, and Hoi An; (2) hospitality and hotel operations managed through its OCH Corporation subsidiary, including StarCity and Sunrise-branded properties plus internationally-managed 5-star hotels (Dusit Từ Hoa Hanoi opened May 2025, M-Gallery Ninh Vân Bay, Melia Hạ Long Bay); and (3) food production through One Capital Consumer (OCC, established January 2025), which consolidates heritage brands Kem Tràng Tiền (since 1958), Givral Bakery (since 1950s), and FujiFoods (Japanese-backed frozen foods).

The group also holds a 21% stake in the BOT Hanoi-Bac Giang highway with toll collection revenue. Revenue is generated through one-time real estate sales, recurring room and F&B revenue from hotels, and unit-volume retail and delivery-app sales for food products. Distribution combines company-owned retail stores, third-party food delivery platforms (GrabFood, ShopeeFood, Baemin), OTAs for hotels, and direct sales teams for premium property. IDS Equity Holdings acquired a controlling 51% stake in 2020 and now actively manages operations; FY2024 consolidated revenue was VND 1,245 billion (up 13% versus plan, third consecutive year of growth) with H1 2025 revenue of VND 328 billion (+12.3% YoY). Underlying technology is conventional rather than proprietary, focused on hospitality operations, food manufacturing (ISO 22000 certified for Givral Bakery Hanoi), and physical retail/distribution.

Name

OGC Group

Legal name

Công Ty Cổ Phần Tập đoàn Đại Dương

Website

https://oceangroup.vn

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

OGC Group (Ocean Group) is a Vietnamese publicly-listed conglomerate operating across three divisions: premium real estate development in Hanoi, HCMC, and tourist cities; 4-5 star hotels under StarCity, Sunrise, and global brands (Dusit, Melia, M-Gallery); and heritage food brands (Kem Tràng Tiền, Givral, FujiFoods) via its OCC subsidiary.

Ownership category

akta.pro rank

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Investment and Development: Development and investment in premium real estate projects including residential apartments, office buildings, shopping malls, and mixed-use complexes in strategic urban locations across Hanoi, Ho Chi Minh City, and major tourist destinations.
2. Hotel and Hospitality Services: Ownership and operation of internationally-standardized 4 and 5-star hotels and resorts under brands including StarCity, Sunrise, Dusit, M-Gallery, and Melia. Revenue from room rentals, food and beverage, and event services.
3. Food Production and Retail: Production and sale of food products including ice cream (Kem Tràng Tiền), bakery items (Givral Bakery), and Japanese frozen foods (FujiFoods). Revenue from retail stores, wholesale distribution, and food service channels.
4. Infrastructure Investment (BOT): Investment in Build-Operate-Transfer infrastructure projects, including the Hanoi-Bac Giang expressway. Revenue from toll collection rights and profit sharing arrangements.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

OGC Group is a Vietnamese diversified conglomerate that develops and invests in premium real estate projects (residential apartments, offices, shopping malls, mixed-use complexes), owns and operates internationally-branded 4 and 5-star hotels and resorts, and produces heritage consumer food brands including traditional ice cream, French-style bakery products and Japanese frozen foods. The group operates through subsidiaries OCH (One Capital Hospitality) and OCC (One Capital Consumer), and also invests in transportation infrastructure projects such as the BOT Hanoi-Bac Giang expressway.

Product overview

OGC Group (Ocean Group/Công Ty Cổ Phần Tập đoàn Đại Dương) is a Vietnamese multi-sector conglomerate established in 2007 with three core business divisions: Real Estate (investing and developing premium properties in Hanoi, HCMC, and major tourist cities), Hospitality Services (operating hotel chains StarCity and Sunrise under OCH Corporation), and Food Production (managing heritage brands through One Capital Consumer including Kem Tràng Tiền since 1958, Givral Bakery since 1950s, and FujiFoods). The company also holds stakes in transportation infrastructure projects including BOT Hanoi-Bac Giang highway.

Differentiator

Problem solved

Functional benefit

Brands

• StarCity: 4-star international hotel chain owned by Ocean Group, located in major tourist cities including Nha Trang and Ha Long.
• Sunrise
• One Capital Hospitality (OCH)
• One Capital Consumer (OCC)
• INFO Floor

Products and services

• StarCity Lê Văn Lương Premium residential and mixed-use real estate development located on Le Van Luong Street, Hanoi.
• VNT Tower 19 Nguyễn Trãi Commercial office building located at 19 Nguyen Trai Street, Hanoi.
• 25 Trần Khánh Dư mixed-use complex Mixed-use complex featuring shopping mall, hotel, offices and serviced apartments at 25 Tran Khanh Du, Hoan Kiem, Hanoi.
• StarCity Westlake Luxury residential project located at 10 Tran Vu offering premium apartments in the West Lake area of Hanoi.
• Lega Fashion House Commercial and retail development project in a prime Hanoi location.
• Licogi 19 Real estate development project on Le Van Luong Street, Hanoi.
• StarCity Nha Trang 4-star international hotel located at 72-74 Tran Phu Street, Nha Trang City, offering 260 rooms; received Best Tourist Hotel 2019 award from APTTF.
• Sunrise Nha Trang 5-star international hotel chain under Ocean Group's hospitality portfolio in Nha Trang.
• Dusit Từ Hoa Hà Nội 5-star hotel on West Lake, Hanoi, blending modern design with Vietnamese cultural heritage and Thai hospitality, managed by Dusit International.
• M-Gallery Ninh Vân Bay 5-star resort in Ninh Van Bay, Khanh Hoa, featuring luxury hotel rooms and resort villas, managed under AccorHotels' M-Gallery brand.
• Melia Hạ Long Bay 5-star hotel project in Ha Long City center opposite Sun World Halong Complex, managed by Melia International, comprising 2 towers with 542 rooms.
• Kem Tràng Tiền Heritage Vietnamese ice cream brand established in 1958 at 35 Trang Tien Street, Hanoi; cultural icon associated with Hanoi's identity; sold via company-owned stores and third-party delivery platforms.
• Givral Bakery Heritage French-style patisserie brand from Saigon established in the 1950s by Alain Portier; health-conscious cakes without preservatives; 35+ stores in HCMC and Hanoi; ISO 22000:2018 certified.
• FujiFoods Frozen food and F&B company established in 2013 with 40% Japanese investment capital, providing Vietnamese consumers high-quality Japanese food products.
• INFO Floor real estate services Real estate distribution, trading, consulting, management, market research and analysis, and construction materials supply arm of Ocean Group, established 2009.

Quantifiable outcome

• Revenue growth of 13% exceeding 2024 plan by VND 144 billion
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Melia InternationalcoreStrategic or Co-development Partner · 9 May 2025Melia International is the world-renowned hotel management group managing Melia Ha Long Bay, a 5-star hotel project in Ha Long City. The partnership brings international hospitality standards to Ocean Group's property portfolio, with 2 towers comprising 542 rooms and full 5-star amenities.
• Dusit InternationalcoreStrategic or Co-development Partner · 9 May 2025Dusit International manages Dusit Từ Hoa Hanoi, a 5-star hotel inspired by Tu Hoa Palace and Nghi Tam silk weaving tradition. The hotel opened May 9, 2025, bringing Thai hospitality standards to West Lake Hanoi.
• BOT Hanoi-Bac Giang Investment JSCminorStrategic or Co-development Partner · 3 January 2016Ocean Group holds 21% stake in the BOT Hanoi-Bac Giang expressway project through joint investment. The project generates revenue from toll collection with projected traffic of 24,000 CPU/day in first year of operation.
• AccorHotels (M-Gallery)coreStrategic or Co-development PartnerAccorHotels manages the M-Gallery Ninh Van Bay resort project under the luxury boutique brand M-Gallery. The resort features luxury hotel rooms and resort villas in the picturesque Ninh Van Bay, Khanh Hoa.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• FLC Group: Vietnamese conglomerate spanning real estate development, hospitality (FLC Hotels & Resorts), aviation and golf. Directly comparable to OGC's diversified model combining residential property launches, resort hotels in tourist destinations, and aviation-adjacent activities.
• Sun Group: Vietnamese conglomerate focused on luxury real estate, hospitality (InterContinental, Sun World resorts), and entertainment developments in tourist destinations. Directly comparable to OGC's premium real estate + international-managed hotel strategy in Nha Trang, Hạ Long and Hội An.
• BRG Group: Vietnamese privately-held conglomerate with operations in hospitality (Sheraton, Hilton, InterContinental partnerships), golf, real estate and banking. Comparable to OGC's mixed-use premium hospitality and real estate development model across Vietnamese urban and tourist hubs.
• Novaland Group: One of Vietnam's largest publicly-listed real estate developers focused on mid-to-high-end residential and mixed-use projects in HCMC and surrounding provinces. Comparable to OGC's real estate investment and development arm concentrated in tier-1 Vietnamese cities.
• BIM Group: Vietnamese conglomerate with interests in real estate, hospitality (InterContinental, Crowne Plaza, Wyndham partnerships), renewable energy and consumer goods. Comparable to OGC's premium mixed-use real estate developments managed under international hotel brands.
• Masan Group: Vietnamese publicly-listed consumer-focused conglomerate with food (MeatLife, Masan Consumer), retail and financial services. Comparable to OGC's food subsidiary (OCC) and heritage-brand consumer strategy, though Masan's consumer weighting is higher.
• Sovico Group: Vietnamese privately-held conglomerate with aviation (VietJet), real estate, hospitality and financial services. Comparable to OGC as a diversified Vietnamese conglomerate combining property assets with consumer-facing operations.
• Hoang Anh Gia Lai Group (HAGL): Vietnamese publicly-listed conglomerate historically operating across real estate, rubber, agriculture and mining; has also pursued luxury hospitality and resort projects. Comparable to OGC's diversified holding structure and exposure to multiple Vietnamese cyclical industries.

Emerging players

• Kido Group: Vietnamese publicly-listed food manufacturer focused on ice cream, edible oils and frozen foods with brands including Merino, Kido's and Celano. Comparable to OGC's heritage ice cream brand (Kem Tràng Tiền) and the OCC food platform, though Kido is more focused on mass-market food categories.

Broad incumbents

• Vingroup Joint Stock Company: Vietnam's largest private conglomerate spanning real estate (Vinhomes), hospitality, retail, automotive (VinFast) and education. Comparable to OGC as a multi-sector Vietnamese conglomerate with a real estate core, hospitality exposure, and publicly listed parent — though materially larger and more diversified.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ocean-group---oceanhospitality

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OGC Group