A 15-year companion of Vietnam’s capital market development

FiinRatings is proud to be the pioneering credit rating agency in Vietnam to conduct and announce credit rating results publicly, and to accompany Vietnam’s capital market development.

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Our Services

Inheriting the analytical capacity and experience over the past 15 years of FiinGroup by accompanying the Vietnamese market, and the technical support from the world's leading credit rating agency - S&P Global Ratings, FiinRatings commits to providing independent, in-depth, and comprehensive assessments which benefit both Issuers and Investors.

Issuer Credit Rating

Assisting Vietnamese businesses to improve their credit profile in the capital market via independent assessment and issuance of credit rating results on their ability to fulfill financial obligations

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Issue Credit Rating

Assessing and issuing credit rating results for specific financial instruments, including corporate bond

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Sustainable Finance Service

Green Bond Verification: Authorised by the Climate Bonds Initiative to verify green bonds and support Vietnamese businesses’ green development

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Investor Service

Assisting investors do business in Vietnam with confidence by credit assessment about Vietnamese counterparts and potential investment opportunities, credit due diligence for investment transactions, and credit portfolio monitoring

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Rating results

Published Date Issuer Industry Rating type Rating  Outlook Announcement Full Report
07/05/2025
17:00 GMT +7
VIET MINH HOANG REAL ESTATE INVESTMENT, CONSTRUCTION JOINT STOCK COMPANY Corporates Initial Rating - Issue Rating
BB
VN
30/04/2025
17:00 GMT +7
VIETNAM PROPERTY MANAGEMENT SERVICES JOINT STOCK COMPANY Corporates Surveillance - Issuer Rating
B
VN
30/04/2025
17:00 GMT +7
VIETNAM PROPERTY MANAGEMENT SERVICES JOINT STOCK COMPANY Corporates Surveillance - Issue Rating
BB-
VN
25/04/2025
17:00 GMT +7
HOME CREDIT VIETNAM FINANCE COMPANY LIMITED Financial Services Initial Rating - Issue Rating
A
Stable
VN / EN
12/04/2025
17:00 GMT +7
VIET NAM INTERNATIONAL COMMERCIAL JOINT STOCK BANK Financial Services Surveillance - Issuer Rating
A
Positive
VN

Methodology

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Issuer and Issue Rating Methodology developed by FiinRatings with advices from S&P Global Ratings experts.

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Rating Methodology

Assessment basis and criteria to provide opinions and determine credit rating results for financial institutions and corporations in different industries

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Rating Scales

Standardized scales, definitions and explanations on credit ratings scores, assisting market participants in risk management and investment activities

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Rating Process

Detailed steps in the credit rating procedure for issuers and debt instruments