Comprehensive Assessment: The credit rating methodology comprehensively covers risk factors from macro to micro levels and is systematically structured to provide comparable credit ratings across industries.
Forward-Looking Analysis: Credit ratings offer forward-looking opinions based on the analysis of macro risks, industry risks, business operations, and future projections of the issuer.
Market Position Identification: The business operations of the issuer are compared with industry averages and peer companies, ensuring a comprehensive view of market position.
Inclusive Evaluation Criteria: The analysis includes both qualitative and quantitative factors, providing a balanced and detailed assessment.
External Support Consideration: The methodology also considers external support such as government and other group members to evaluate the impact on credit quality.
Periodic Updates: The methodology is updated and adjusted annually or as needed to align with the realities and business environment in Vietnam.
Issuer Credit Rating
Issuer credit rating is an objective assessment of a company's ability to fully and timely fulfill its debt obligations in the future. This rating applies to the issuer's debt obligations in general and is not specific to any particular debt obligation.
Debt Instrument Credit Rating
Debt instrument credit rating is an objective opinion on the ability to fully and timely fulfill a specific type of debt obligation. This assessment considers the characteristics of each type of obligation, such as payment priority, collateral, guarantors, and other terms.
Ratings Methodology
| Methodology | Updated | Details |
|---|---|---|
| Credit Rating Methodology for Non-Financial Corporations | 01/01/2025 | |
| Credit Rating Methodology for Banks | 01/01/2025 | |
| Definitions, Symbols, and Terms of Credit Ratings | 01/01/2025 |
