SAIGON RATINGS (SGR)
Saigon Ratings is an independent Credit Rating Agency (“CRA”) and the first institution licensed by the Ministry of Finance to provide credit rating services in the Vietnamese market.
With more than 9 years of operations, Saigon Ratings (SGR) has established extensive expertise in managing and operating Credit Rating services, having successfully completed nearly 400 rating assignments for issuers and/or bond instruments from most leading large-scale corporates, economic groups, and state-owned corporations (financial and non-financial), including domestic enterprises and FDI companies in Vietnam’s market (leading the Vietnamese credit rating market, with approximately 60–65% market share).
To date, Saigon Ratings has successfully assigned ratings to approximately 400 issuers (and bond issuances) operating across key industry of the economy, including: Financial Institutions (Banks, Securities Companies, Finance Companies, Distressed Debt Acquisition Companies, Life Insurers, Non-Life Insurers, Digital Asset Businesses, etc); Non-Financial Corporates (Real Estate Developers, Integrated Urban Township Projects, Aviation, Automobile Manufacturing, Renewable Energy, Transport Infrastructure, Logistics And Transportation, Tourism And Leisure Services “Entertainment Centers, Resorts and Hotels”, Industrial Manufacturing, Packaging, Livestock Farming, Agriculture, Hypermarket (Shopping Mall), Hospitals (Healthcare), Industrial zones, Building materials manufacturing, Chemical industry, etc.
Saigon Ratings has maintained a long-term strategic cooperation with Fitch Learning (funded by the ADB), to organize professional training and human capital development programs since 2022. Saigon Ratings is also a member of Association of Credit Rating Agencies in Asia (ACRAA) and strategic partner of China Chengxin International Credit Rating (leading CRA in China), MARC Ratings (a leading CRA in Malaysia).
See more detail about Saigon Ratings at this link.
Capital structureCORE VALUES
- People whose values are in line with company culture are the most valuable assets and the basis for organization strengths.
- Appreciate individual values, reward outstanding individuals and build a valuable culture to attract talents.
- Encourage the full participation of all members of the company in sharing Saigon Ratings mission, vision, as well as challenges and success.
- Continuously learn, innovate and change to improve service quality, as well as to follow high value and goals.
- Have absolute compliance with professional principles and standards of the international Credit Rating Agencies, to ensure the Objectivity & Independence, Integrity, Transparency; and Code of ethics in all business activities.
- Saigon Ratings ensures the quality standards of credit rating services provided for all corporations and institutions in the market. We always respect the legal regulations and our business principles.
DEVELOPMENT PHILOSOPHY
Saigon Ratings considers the benefits of Clients, Investors community, and the national economic development as our benefits.
BASIS FOR DEVELOPMENT
- A modern system of management for organization improvement.
- High quality human resources.
- Business processes align with standards of international CRAs (Big Three CRAs).
- Rigid and efficient internal control procedures.
- Valuable culture to attract talents.
WHAT MAKES US DIFFERENT?
1. Implement a long-term international credit rating training strategy for professional staff.
2. Professional capacity, ability, and experience in implementing Credit Rating.
3. Official member of the Association of Credit Rating Agencies in Asia (ACRAA).
4. Providing services in accordance with the professional quality standards and practices of the world’s CRAs.
5. High-quality informational data resources.
6. Transparent fee policy.










