FiinRatings suspends its rating on Viet Dragon Securities Corporation (“VDS”) due to the expiration of the rating agreement

October 10, 2023

The announcement of this rating suspension has been made in accordance with Article 27, Article 5, and Article 47 under the Decree 88/2014/NĐ-CP dated 29 September 2014 governing the operation of credit rating services.

FiinRatings is no longer obliged to provide any further rating updates to market and concerned investors and creditors about the issuer and its debt instruments. The rating results, related opinions, and analysis by FiinRatings expressed in rating releases, rating reports, and on any other public domains are valid only from the release date and should not be used and/or referred to after the date of this announcement.

The latest rating opinions about the Issuer released by FiinRatings are as below:

Date released

Type of Credit Rating



Rating Result

Rating Outlook

Link to Announcement

August 1, 2023

Long-term Issuer Rating

Surveillance Update


Viet Dragon Securities Corporation




January 19, 2023

Long-term Issuer Rating

Initial Rating

Viet Dragon Securities Corporation





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