Research and News

FiinRatings: Initial Rating Public Announcement Ha Do Group Joint Stock Company (A | Outlook: Stable)

28/08/2023

Hanoi, 28 August 2023 FiinRatings is pleased to announce that it has assigned a first-time Long-term Issuer Credit Rating of “A” for Ha Do Group Joint Stock Company (“HDG” or “the Company”) with a “Stable” rating outlook.


Key takeaways from online webinar "Vietnam Credit Market Review and Outlook: Navigating the Uncertainties"

05/08/2023

FiinRatings successfully hosted a webinar on August 4th, 2023, titled "Vietnam Credit Review and Outlook: Navigating the Uncertainties" with the participation of representatives from corporates, financial institutions, and investment funds both nationally and internationally.


FiinRatings: Initial Rating Public Announcement: Gia Lai Electricity Joint Stock Company (A- | Outlook: Stable)

31/07/2023

On 31 July 2023, FiinRatings is pleased to announce that it has assigned a first-time Long-Term Issuer Credit Rating of “A-” for Gia Lai Electricity Joint Stock Company (“GEG” or “the Company”) with a “Stable” rating outlook. FiinRatings' opinion reflects our assessment of the Company's “Strong” business risk profile and “Intermediate” financial risk profile.


FiinRatings Monthly Newsletter – July 2023

28/07/2023

FiinRatings would like to send you FiinRatings Monthly Newsletter – July 2023, with the most noteworthy updates on credit rating scale, in-depth analysis reports, and independent commentaries


Vietnam Credit Market Review and Outlook: Navigating the Uncertainties

25/07/2023

Vietnam's economy is poised for robust growth in 2023, displaying remarkable resilience amid various domestic and external challenges. However, the country's reliance on the banking sector raises concerns due to recent headwinds in capital and credit markets. Notably, increasing corporate bond defaults and sluggish residential real estate sector performance are likely to impact the banking sector, as well as other sector outlook. As of 30 June 2023, the estimated total value of defaulted bonds stands at approximately 26.9% of non-bank corporate bonds outstanding.