STRATEGIC DEVELOPMENT ORIENTATION OF SAIGON RATINGS
STAGE I: 2010 - 2019
Key goal: Top priority must be given to researching, studying and establishing the Saigon Ratings professional background and resources.
- Researching and learning business model, organizational management and comprehensive development management experience of some international Credit Rating Agency (CRA).
- Studying in-depth operational practices and technical quality standards; Asian CRAs products system.
- Investing in building professional background, human and other resource for Saigon Ratings.
- Preparing and submitting documents to competent authorities to appraise and complete Business Legal procedures, according to Vietnamese regulations.
- Continuously researching, updating and improving the quality of the business process system, credit rating process and the organization’s internal control system.
- Establishing and completing organizational structure step by step, developing high quality human resource and culture that can attract talented people.
- Providing a variety of credit rating products and services to corporations, financial institutions and debt instruments, ensuring compliance with the practices and quality standards of Asian CRAs.
- Establishing partnerships with local and international financial institutions and enterprises.
- Inviting international and Asian CRAs as well as potential local financial institutions to participate in equity investments and becoming a strategic partner of Saigon Ratings.
STAGE II: 2020 - 2025
Key goal: Business growth.
- Perfecting credit rating knowledge background and products system to ensure similarity with practices and standards of Asian CRAs.
- Comprehensively developing the resource strength of an independent CRA for SaigonRatings.
- Setting a business, organizational and operational model consistent with other Asian CRAs and meeting competitive demand in the Vietnamese market.
- Comprehensively developing business efficiency in terms of growth rate, market share, products and service system, competitive position, reputation, revenue and profit.
- Completing the goal of inviting for cooperation with potential domestic and international strategic partners.
- Participating in connecting, expanding relationships and cooperation with potential partners in the national and international financial ecosystem.
STAGE III: 2026 - 2030
Key goal: Business growth.
- Perfecting credit rating knowledge background and products system to ensure similarity with practices and standards of Asian CRAs.
- Comprehensively developing the resource strength of an independent CRA for SaigonRatings.
- Setting a business, organizational and operational model consistent with other Asian CRAs and meeting competitive demand in the Vietnamese market.
- Comprehensively developing business efficiency in terms of growth rate, market share, products and service system, competitive position, reputation, revenue and profit.
- Completing the goal of inviting for cooperation with potential domestic and international strategic partners.
- Participating in connecting, expanding relationships and cooperation with potential partners in the national and international financial ecosystem.