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.

Download FiinRatings Brochure Alternate Text

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

Learn more

Issue Credit Rating

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

Learn more

Sustainable Finance Service

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

Learn more

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

Learn more

Rating results

s
Published Date Issuer Industry Rating type Rating  Outlook Announcement Full Report
15/01/2025
17:00 GMT +7
VPS SECURITIES JOINT STOCK COMPANY Financial Services Initial Rating - Issue Rating
A
Stable
VN / EN
31/12/2024
17:00 GMT +7
DEVELOPMENT INVESTMENT CONSTRUCTION JOINT STOCK CORPORATION Corporates Surveillance - Issuer Rating
BB+
Stable
VN
27/12/2024
17:00 GMT +7
THIEN HA - BANG DUONG CONSTRUCTION INVESTMENT COMPANY LIMITED Corporates Surveillance - Issuer Rating
B
Negative
VN
27/12/2024
17:00 GMT +7
TIEN PHONG SECURITIES CORPORATION Financial Services Surveillance - Issuer Rating
BBB-
Stable
VN / EN
27/12/2024
17:00 GMT +7
PETROVIETNAM SECURITIES INCORPORATED Financial Services Surveillance - Issuer Rating
BB+
Stable
VN VN

Methodology

Alternate Text

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

Alternate Text
Rating Methodology

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

Alternate Text
Rating Scales

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

Alternate Text
Rating Process

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