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 | RATING TYPE | INDUSTRY | LATEST RATING RESULT | OUTLOOK | PUBLICATION DATE | DETAIL |
---|---|---|---|---|---|---|
Kirby South East Asia Co., Ltd. | Initial 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) | Surveillance | Life Insurance | Confidential | - | 07/06/2022 | See more |
Phu Hung Assurance Joint Stock Company (PAC) | Surveillance | Non-life Insurance | Confidential | - | 13/09/2022 | See more |
Ngoc Thien Global Corporation | In progress of initial rating | Metal production | - | - | - | - |
APEC Company | In progress of initial rating | Real estate developer | - | - | - | - |
AAC Company | Initial rating | Real estate developer | Confidential | - | 06/09/2022 | See more |
HANO-VID Company | Initial rating | Real estate developer | Confidential | - | 06/09/2022 | See more |
TNH Hotels & Resorts Management & Investment JSC | Surveillance | Accommodation Services | Confidential | - | 13/12/2022 | See more |
TNPOWER Energy JSC | Surveillance | Energy | Confidential | - | 16/11/2022 | See more |
THANH VINH Realty Investment & Development JSC | In progress of initial rating (Surveillance for 2023, 2024, 2025) | Real estate developer | - | - | - | - |
TNR Holdings Vietnam Real Estate Investment Development JSC | Surveillance | Real estate developer | Confidential | - | 12/01/2023 | See more |
AMERICAN Property JSC | Surveillance | Real estate developer | - | - | - | |
VIET HAN Trading – Advertising – Construction – Real Estate JSC | Surveillance | Real estate developer | - | - | - | - |
Sao Vang Tay Do Construction Corporation | Initial rating | Real estate developer | vnBBB | Stable | 05/10/2022 | See more |
TNL Property leasing & Investment JSC | Initial rating | Property leasing | - | - | - | - |
Thanh Thanh Cong - Bien Hoa Joint Stock Company (SBT) | Initial rating | Sugar Industry | vnA+ | Stable | 30/12/2022 | See more |
VIETJET Aviation Joint Stock Company | Initial rating | Transportation - Airline | vnBB+ | Stable | 27/03/2023 | See more |
Thanh Thanh Cong Industrial zone Joint Stock Company | Initial rating | Real Estate Leasing | vnA | Stable | 26/05/2023 | See more |