{"id":12961,"date":"2026-05-06T16:43:02","date_gmt":"2026-05-06T09:43:02","guid":{"rendered":"https:\/\/saigonratings.com\/?p=12961"},"modified":"2026-05-12T16:38:32","modified_gmt":"2026-05-12T09:38:32","slug":"rating-result-vinhomes-2026","status":"publish","type":"post","link":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/","title":{"rendered":"CREDIT RATING RESULT OF VINHOMES JOINT STOCK COMPANY FOR 2026"},"content":{"rendered":"<p>* CREDIT RATING OPINION (first-time): <em><strong>vnAA<\/strong><\/em><\/p>\n<p>* OUTLOOK: <em><strong>Stable<\/strong><\/em><\/p>\n<p>* DATE OF RATING CERTIFICATION ISSUANCE: <em><strong>May 06, 2026<\/strong><\/em><\/p>\n<p>* BUSINESS LINE:\u00a0<em><strong>Real Estate Development<\/strong><\/em><\/p>\n<p>* RATING COMMITTEE:<\/p>\n<p>Mr. Nguyen Duc Phu, MSc<\/p>\n<p>Mr. Bui Van Long, MSc<\/p>\n<p>Ms. Bui Thu Huong, MBA, CFA<\/p>\n<p>* ANALYSTS:<\/p>\n<p>Ms. Nguyen Kim Chi, CFA<\/p>\n<p>Mr. Vu Thien Phong, ACCA, CFA<\/p>\n<p>Ms. Tran Thi Minh Thu, BA<\/p>\n<p>* INFORMATION OF INTEREST CONFLICT<\/p>\n<p>\u2013 Saigon Ratings\u2019 share ownership in Vinhomes Joint Stock Company: None<\/p>\n<p>\u2013 Saigon Ratings\u2019 bond ownership in Vinhomes Joint Stock Company: None<\/p>\n<p>\u2013 Saigon Ratings\u2019 other debt instrument ownership in Vinhomes Joint Stock Company: None<\/p>\n<p>\u2013 Saigon Ratings employee\u2019s share ownership in Vinhomes Joint Stock Company: None<\/p>\n<p>Saigon Ratings is committed to the implementation of credit rating independently and objectively.<\/p>\n<p>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 (Vinhomes Joint Stock Company).<\/p>\n<div class=\"_3d-flip-book fb3d-fullscreen-mode full-size\" data-id=\"13061\" data-mode=\"fullscreen\" data-title=\"false\" data-template=\"short-white-book-view\" data-lightbox=\"dark-shadow\" data-urlparam=\"fb3d-page\" data-page-n=\"0\" data-pdf=\"\" data-tax=\"null\" data-thumbnail=\"\" data-cols=\"3\" data-book-template=\"default\" data-trigger=\"\"><\/div><script type=\"text\/javascript\">window.FB3D_CLIENT_DATA = window.FB3D_CLIENT_DATA || [];FB3D_CLIENT_DATA.push('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');window.FB3D_CLIENT_LOCALE && FB3D_CLIENT_LOCALE.render && FB3D_CLIENT_LOCALE.render();<\/script>\n","protected":false},"excerpt":{"rendered":"<p>* CREDIT RATING OPINION (first-time): vnAA * OUTLOOK: Stable * DATE OF RATING CERTIFICATION ISSUANCE: May 06, 2026 * BUSINESS LINE:\u00a0Real Estate Development * RATING COMMITTEE: Mr. Nguyen Duc Phu, MSc Mr. Bui Van Long, MSc Ms. Bui Thu Huong, MBA, CFA * ANALYSTS: Ms. Nguyen Kim Chi, CFA Mr. Vu Thien Phong, ACCA, CFA&#8230;<\/p>\n","protected":false},"author":5,"featured_media":2603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[123,122],"tags":[],"class_list":["post-12961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rating-details","category-rating-results"],"acf":[],"yoast_head":"\n<title>CREDIT RATING RESULT OF VINHOMES JOINT STOCK COMPANY FOR 2026 - Saigon Ratings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CREDIT RATING RESULT OF VINHOMES JOINT STOCK COMPANY FOR 2026\" \/>\n<meta property=\"og:description\" content=\"* CREDIT RATING OPINION (first-time): vnAA * OUTLOOK: Stable * DATE OF RATING CERTIFICATION ISSUANCE: May 06, 2026 * BUSINESS LINE:\u00a0Real Estate Development * RATING COMMITTEE: Mr. Nguyen Duc Phu, MSc Mr. Bui Van Long, MSc Ms. Bui Thu Huong, MBA, CFA * ANALYSTS: Ms. Nguyen Kim Chi, CFA Mr. Vu Thien Phong, ACCA, CFA...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Saigon Ratings\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-06T09:43:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-12T09:38:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/saigonratings.com\/wp-content\/uploads\/2022\/10\/banner.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"869\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"L\u01b0u Phong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"L\u01b0u Phong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n","yoast_head_json":{"title":"CREDIT RATING RESULT OF VINHOMES JOINT STOCK COMPANY FOR 2026 - Saigon Ratings","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/","og_locale":"en_US","og_type":"article","og_title":"CREDIT RATING RESULT OF VINHOMES JOINT STOCK COMPANY FOR 2026","og_description":"* CREDIT RATING OPINION (first-time): vnAA * OUTLOOK: Stable * DATE OF RATING CERTIFICATION ISSUANCE: May 06, 2026 * BUSINESS LINE:\u00a0Real Estate Development * RATING COMMITTEE: Mr. Nguyen Duc Phu, MSc Mr. Bui Van Long, MSc Ms. Bui Thu Huong, MBA, CFA * ANALYSTS: Ms. Nguyen Kim Chi, CFA Mr. Vu Thien Phong, ACCA, CFA...","og_url":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/","og_site_name":"Saigon Ratings","article_published_time":"2026-05-06T09:43:02+00:00","article_modified_time":"2026-05-12T09:38:32+00:00","og_image":[{"width":2000,"height":869,"url":"https:\/\/saigonratings.com\/wp-content\/uploads\/2022\/10\/banner.jpg","type":"image\/jpeg"}],"author":"L\u01b0u Phong","twitter_card":"summary_large_image","twitter_misc":{"Written by":"L\u01b0u Phong","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/#article","isPartOf":{"@id":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/"},"author":{"name":"L\u01b0u Phong","@id":"https:\/\/saigonratings.com\/en\/#\/schema\/person\/4f0f00531db4dfc2c16c7f5d5c901a68"},"headline":"CREDIT RATING RESULT OF VINHOMES JOINT STOCK COMPANY FOR 2026","datePublished":"2026-05-06T09:43:02+00:00","dateModified":"2026-05-12T09:38:32+00:00","mainEntityOfPage":{"@id":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/"},"wordCount":159,"commentCount":0,"image":{"@id":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/saigonratings.com\/wp-content\/uploads\/2022\/10\/banner.jpg","articleSection":["Rating details","Rating results"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/","url":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/","name":"CREDIT RATING RESULT OF VINHOMES JOINT STOCK COMPANY FOR 2026 - Saigon Ratings","isPartOf":{"@id":"https:\/\/saigonratings.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/#primaryimage"},"image":{"@id":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/saigonratings.com\/wp-content\/uploads\/2022\/10\/banner.jpg","datePublished":"2026-05-06T09:43:02+00:00","dateModified":"2026-05-12T09:38:32+00:00","author":{"@id":"https:\/\/saigonratings.com\/en\/#\/schema\/person\/4f0f00531db4dfc2c16c7f5d5c901a68"},"breadcrumb":{"@id":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/#primaryimage","url":"https:\/\/saigonratings.com\/wp-content\/uploads\/2022\/10\/banner.jpg","contentUrl":"https:\/\/saigonratings.com\/wp-content\/uploads\/2022\/10\/banner.jpg","width":2000,"height":869},{"@type":"BreadcrumbList","@id":"https:\/\/saigonratings.com\/en\/rating-result-vinhomes-2026\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Trang ch\u1ee7","item":"https:\/\/saigonratings.com\/en\/"},{"@type":"ListItem","position":2,"name":"Rating details","item":"https:\/\/saigonratings.com\/en\/danh-muc-tin-tuc\/rating-details\/"},{"@type":"ListItem","position":3,"name":"CREDIT RATING RESULT OF VINHOMES JOINT STOCK COMPANY FOR 2026"}]},{"@type":"WebSite","@id":"https:\/\/saigonratings.com\/en\/#website","url":"https:\/\/saigonratings.com\/en\/","name":"Saigon Ratings","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/saigonratings.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/saigonratings.com\/en\/#\/schema\/person\/4f0f00531db4dfc2c16c7f5d5c901a68","name":"L\u01b0u Phong","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/f175e410c115961068b4db8b55741ee3d73ecdb934f15fb0c96154dfb8cc03d4?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f175e410c115961068b4db8b55741ee3d73ecdb934f15fb0c96154dfb8cc03d4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f175e410c115961068b4db8b55741ee3d73ecdb934f15fb0c96154dfb8cc03d4?s=96&d=mm&r=g","caption":"L\u01b0u Phong"},"sameAs":["https:\/\/saigonratings.com\/"],"url":"https:\/\/saigonratings.com\/en\/author\/saigonrating\/"}]}},"_links":{"self":[{"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/posts\/12961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/comments?post=12961"}],"version-history":[{"count":3,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/posts\/12961\/revisions"}],"predecessor-version":[{"id":13317,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/posts\/12961\/revisions\/13317"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/media\/2603"}],"wp:attachment":[{"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/media?parent=12961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/categories?post=12961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/tags?post=12961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}