FiinRatings suspends its rating on Phu Quoc Tourism Development And Investment JSC (“DLPQ”) due to the termination of the rating agreement

12:02 22/05/2026

FiinRatings

Hanoi, May 22, 2026 – FiinRatings officially announces the termination of its credit rating activities for Phu Quoc Tourism Development And Investment Joint Stock Company (“DLPQ”), effective from May 22, 2026. The termination of the credit rating service results from the expiration of the credit rating agreement and is based on mutual consent between both parties.

The disclosure of the termination of the credit rating agreement is carried out in accordance with the provisions of Decree No. 88/2014/ND-CP dated September 26, 2014, issued by the Government on credit rating services, and FiinRatings's internal regulations. Accordingly, when enterprises choose not to continue participating in the voluntary credit rating service, the credit rating agency will publish a disclosure regarding such termination.

As a result, FiinRatings will cease to be responsible for providing information and independent assessments to the market and investors concerning DLPQand its debt instruments. All previous credit rating results, opinions, and analyses provided by FiinRatings in its published credit rating reports regarding MSB shall only remain valid up to the date of this announcement.

The following credit rating results for DLPQhad been previously published by FiinRatings:

Publication Date

Opinion Type

Rating Status

Rating Result

Outlook

Detailed Report

20/12/2025

Issuer Rating

Surveillance

BB-

Stable

Download

20/06/2025

Issuer Rating

Initial Rating

BB-

Stable

Download

Highlights

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