About us
We are extremely proud and honored that Saigon Ratings (SGR), an independent Credit Rating Agency (CRA), has been a pioneer in the financial market and has been licensed by the Ministry of Finance for credit rating activity; and at the same time Saigon Ratings is the first domestic CRA, has performed the function of providing credit rating services in the Vietnamese market.

MISSION
Saigon Ratings is a reliable partner who supports corporations and financial institutions in attracting investment capital. As a trusted partner of investors, we are committed to contributions to the national benefits, society and prosperity of Vietnam.

VISION
Saigon Ratings strives to become a Credit Rating Agency with the leading national brand in Vietnam and the reputable recognition in the Asian financial market.

ORGANIZATIONAL CULTURE
Saigon Ratings creates and promotes an Organizational Culture that attracts talents, creates a humane working environment and continues to learn, create and innovate. The Board of Director’s shares difficulties, challenges and successes with all members of the organization.

OPERATION RELATION AND DEVELOPMENT PHILOSOPHY
- Independence & Objectivity, Integrity, Transparency.
- Uphold Professional Ethical Standards.
- Saigon Ratings places the interests of the social community, customers, investors and the responsibility of developing a strong national economy in the interests of the organization.
Rating Services
CREDIT RATING REPORTS
Saigon Ratings provides independent assessments and forecasts of an issuer’s credit risks or a debt instrument. These evaluations demonstrate the opinion about the ability and readiness of a business entity to meet financial commitments at the maturity date, as well as the credit quality of the individual debt.
ASSESSMENT REPORTS AND ANALYSIS REPORTS
Assessment reports and Analysis reports are point-in-time analyses of the issuer’s strengths and weaknesses, debt obligations, or proposed financial structure. The reports may contain some similar parts or analyze some significant factors typically considered during the Credit Rating Process.
STRATEGIC PARTNERSHIPS
Rating list
COMPANY NAME | STATUS | BUSINESS LINE | LATEST RATING RESULT | OUTLOOK | PUBLICATION DATE | DETAILS |
---|---|---|---|---|---|---|
Kirby South East Asia Co., Ltd. | First-time rating | Building materials | vnA- | Stable | 10/05/2022 | See more |
Free Land Joint Stock Company | Expired | Real estate developer | - | - | - | See more |
Phu Hung Life Insurance Joint Stock Company (PHU HUNG LIFE) | Monitoring for 2023, 2024 | Life Insurance | Confidential | - | 07/06/2022 | See more |
Phu Hung Assurance Joint Stock Company (PAC) | Monitoring for 2023, 2024 | Non-life Insurance | Confidential | - | 13/09/2022 | See more |
Ngoc Thien Global Corporation | In progress of first-time rating | Metal production | - | - | - | - |
APEC Company | In progress of first-time rating | Real estate developer | - | - | - | - |
AAC Company | First-time rating | Real estate developer | Confidential | - | 06/09/2022 | See more |
HANO-VID Company | First-time rating | Real estate developer | Confidential | - | 06/09/2022 | See more |
TNH Hotels & Resorts Management & Investment JSC | Monitoring for 2023, 2024, 2025 | Accommodation Services | Confidential | - | 13/12/2022 | See more |
TNPOWER Energy JSC | First-time rating | Energy | Confidential | - | 16/11/2022 | See more |
THANH VINH Realty Investment & Development JSC | In progress of first-time rating (Monitoring for 2023, 2024, 2025) | Real estate developer | - | - | - | - |
TNR Holdings Vietnam Real Estate Investment Development JSC | First-time rating | Real estate developer | Confidential | - | 12/01/2023 | See more |
AMERICAN Property JSC | In progress of first-time rating (Monitoring for 2023, 2024, 2025) | Real estate developer | - | - | - | |
VIET HAN Trading – Advertising – Construction – Real Estate JSC | In progress of first-time rating (Monitoring for 2023, 2024, 2025) | Real estate developer | - | - | - | - |
Sao Vang Tay Do Construction Corporation | First-time rating | Real estate developer | vnBBB | Stable | 05/10/2022 | See more |
TNL Property leasing & Investment JSC | In progress of first-time rating | Property leasing | - | - | - | - |
Thanh Thanh Cong - Bien Hoa Joint Stock Company (SBT) | First-time rating | Sugar Industry | vnA+ | Stable | 30/12/2022 | See more |
VIETJET Aviation Joint Stock Company | In progress of first-time rating | Transportation - Airline | - | - | - | - |