Vietnam Access Day 2025
Navigating opportunities amid global shift and uncertainties, paving the way for a new era of development
About VIS Rating

About VIS Rating

Vietnam Investors Service And Credit Rating Agency Joint Stock Company (“VIS Rating”) was incorporated on 30 November 2021 by Moody’s Corporation – the world's leading credit rating agency – and leading financial institutions in Vietnam, initiated by the Vietnam Bond Market Association to facilitate the development of the domestic bond market.

We aspire to be the most respected domestic credit rating agency in Vietnam and to be regarded by domestic and global market participants to be "Vietnam’s Credit Rating Agency of Choice".

Our ambition is to be a leading domestic provider of credit ratings and research across multiple industry sectors and issuer groups. Through our ratings and research activity, we aim to provide objective and independent credit opinions and enhance the transparency of information to support the further growth and development of the domestic bond market in Vietnam.

Through our access to Moody’s databases, technical expertise and know-hows, we will strive to introduce global best practices to the domestic market, support the systematic development of efficient and liquid debt capital markets, and enhance market transparency and knowledge of credit risk and risk management in Vietnam.

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Our Services

VIS Rating provides credit ratings for issuers and debt instruments that enhance information transparency and assist issuers and investors to access the corporate bond market in Vietnam.

In addition, we also offer assessment & analysis products which provide our independent and objective opinion on creditworthiness and in-depth analysis of credit quality on corporates in Vietnam to support management decision making on investments and risk management.

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Rating Services

VIS Rating core business provides credit ratings that are publicly available serving the debt capital markets

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Assessment & Analysis Services

VIS Rating provides assessment & analysis services to serve the specific requirement of market participants

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VIS Rating core business provides credit ratings that are publicly available serving the debt capital markets

VIS Rating provides assessment & analysis services to serve the specific requirement of market participants

Research

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Vietnam Access Day 2025

Navigating opportunities amid global shift and uncertainties, paving the way for a new era of development
06/03/2025
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Residential Real Estate Sector - FY2024 Update

Improving business conditions boosted developer sales and cash flow in 2H, but not enough to offset 1H operating losses
06/03/2025
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Banking Sector - Mandatory Transfer

Large banks have sufficient resources to absorb and manage their newly acquired banks
05/03/2025
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Vietnam Bonds & Credit Forum – February 2025

Frequently asked questions on credit outlook 2025
05/03/2025
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Securities Sector: FY2024 Update

Profits improved from stronger margin lending and investment income, asset risks stabilized amid slower bond defaults
04/03/2025
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Corporate Bond Market Review - 2024 Annual Report

In 2024, Vietnam’s corporate bond market recovered significantly from the liquidity crisis in 2022-2023 with a marked reduction in new defaults
20/02/2025
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