SURVEILLANCE RESULT OF VIET DRAGON SECURITIES CORPORATION (VDS) FOR 2024

* SURVEILLANCE RATING RESULT (First year of monitoring): vnBBB

* OUTLOOK: Stable

* DATE OF RATING CERTIFICATION ISSUANCE: July 31, 2024

* BUSINESS LINE: Securities

* ANALYSTS:

Mr. Le Hoang Quan, MBA

Mr. Nguyen Minh Duc, MSc

Ms. Ha Thi Lan Huong, MSc

* RATING COMMITTEE:

Mr. Nguyen Phi Long, ACCA

Mr. Nguyen Duc Phu, MSc

Mr. Bui Van Long, MSc

* INFORMATION OF INTEREST CONFLICT

– Saigon Ratings’ share ownership in Viet Dragon Securities Corporation (VDS): None

– Saigon Ratings’ bond ownership in Viet Dragon Securities Corporation (VDS): None

– Saigon Ratings’ other debt instrument ownership in Viet Dragon Securities Corporation (VDS): None

– Saigon Ratings employee’s share ownership in Viet Dragon Securities Corporation (VDS): None

Saigon Ratings is committed to the implementation of credit rating independently and objectively.

Saigon Ratings issued a credit rating report as a reference information; it is not an investment or capital contribution recommendation for debt instruments issued by the rated company (Viet Dragon Securities Corporation (VDS)).

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