Disclosure of the rated issuers’ debt obligations

Public Rating Scale

(Long-term Scale)

Average percentage (%) of rated organization honoring their debt obligations
As of 31 December 2024
AAA N/a
AA+ N/a
AA N/a
AA- 100%
A+ 100%
A 100%
A- 100%
BBB+ 100%
BBB 100%
BBB- N/a
BB+ N/a
BB N/a
BB- N/a
B+ N/a
B N/a
B- N/a
CCC+ N/a
CCC N/a
CCC- N/a
CC N/a
C N/a
Note: For rating levels marked as “N/a,” it means that VIS Rating currently does not rate any issuers or debt instruments at that level

List of rated organizations whose credit rating service fees account for more than 5% of the total revenue from the enterprise's credit rating activities in 2024.

The rated organization with fees accounting for more than 5% of the revenue from credit rating activities in the most recent financial year (2024) % Revenue (2024)
Deo Ca Traffic Infrastructure Investment Joint Stock Company 10.1%
Ha An Real Estate Investment And Business Joint Stock Company 11.9%
Gelex Group Joint Stock Company 18.0%
A&A Green Phoenix Group Joint Stock Company 10.0%
An Binh Commercial Joint Stock Bank 11.0%
Fortune Vietnam Joint Stock Commercial Bank 15.1%
Orient Commercial Joint Stock Bank 11.5%
Tien Phong Commercial Joint Stock Bank 12.2%
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