VIS Rating's credit rating activities are built on a methodological framework that adheres to rigorous standards and employs a forward-looking analytical approach
VIS Rating system is developed and tailored to address the needs of the fast-growing emerging debt market in Vietnam.
Our rating approach incorporates learnings and developments in global capital markets, and addresses market needs for clarity around the components of credit risk and finer distinctions in rating classifications.
Business Development team finalizes the execution of rating engagement with the Issuer.
Analytical Team is assigned to the rating engagement and contacts the Issuer to introduce the team and address questions on credit rating methodology and approach.
Analytical Team and Issuer discuss information requirements for rating engagement.
Issuer prepares and shares the company’s information with Analytical Team.
Issuer’s management team meets with the Analytical Team to present the company information and discuss the materials.
Analytical Team commences analysis and convenes Credit Rating Committee to assign credit ratings to the Issuer.
The Credit Rating Committee is a key part of VIS Rating’s analytical process and helps to ensure the integrity and consistency of ratings. It reviews, votes and assigns the rating. After the Credit Rating Committee’s meeting, a post-committee call is held with the Issuer to notify and explain the ratings prior to public release.
Analytical Team delivers the assigned ratings and the ratings rationale to the Issuer through a rating announcement.
The Issuer reviews the drafted rating announcement. The ratings are released and made available on VIS Rating website.
After the rating announcement is released, the Analytical Team maintains constant dialogues with Issuer’s management team and surveillance of the Issuer.
Regular meetings between Issuer’s management team and the Analytical Team; information updates are required to ensure credit ratings assigned to the Issuer remain timely and relevant.