Research and News

[RATING 101 SERIES #6] Increasing the coverage of credit ratings would enhance corporate bond market liquidity


Increasing the credit rating coverage of corporate bonds in Vietnam would help formulate the yield curves not only based on sector wise and tenor but more importantly the credit quality and that would help investors diversify their investment activities and help stipulate the liquidity in the corporate bond secondary market.

Credit enhancement facility for private infrastructure development in Vietnam workshop


Hanoi, January 12th, 2024 - FiinGroup, in collaboration with the Private Infrastructure Development Group (PIDG) based in London, UK, and the Australian Embassy and British Embassy, hosted a technical workshop on "Credit enhancement facility for private infrastructure development in Vietnam”. 

FiinGroup Chairman delivered views about macroeconomic and credit market outlook at Hanoi CFO Forum 2024


Hanoi, January 11th, 2024 - Mr. Nguyen Quang Thuan (Chairman of FiinGroup) participated in speaking and coordinating Hanoi CFO Forum 2024 with the theme "Shaping the Future of Finance: Innovation, Application and Transformation". To promote sustainable development, the Vietnam Club of Chief Financial Officers (CFO) has organized this forum to provide senior financial administrators with the opportunities to network, exchange insights, and suggest methods for enhancing the efficiency of their operations.

[RATING 101 SERIES #5] The necessity of bond credit rating


In Vietnam, firms mostly perform credit ratings as issuers. At the end of 2022, the rate of credit-rated corporate bonds in some countries in the area is extremely high, for example, 82% in Indonesia, 65% in Thailand, 54% in Malaysia, and 26% in the Philippines, while this rate is 0% in Vietnam.

[RATING 101 SERIES #4] How does increasing the coverage of credit ratings support investment management?


In Vietnam, credit rating has newly emerged and has not yet reached a certain coverage for market participants to be able to apply the credit rating results optimally. However, we cannot deny that increasing the credit rating coverage helps investors better see the differentiation in the creditworthiness of issuers. This means once the market has enough confidence and achieves a certain extent of coverage, the benefits of credit ratings will become obvious, helping the development of each member and the entire market.