{"id":13022,"date":"2026-05-06T22:15:05","date_gmt":"2026-05-06T15:15:05","guid":{"rendered":"https:\/\/saigonratings.com\/?p=13022"},"modified":"2026-05-07T14:56:16","modified_gmt":"2026-05-07T07:56:16","slug":"bond-rating-vhm12604-2026","status":"publish","type":"post","link":"https:\/\/saigonratings.com\/en\/bond-rating-vhm12604-2026\/","title":{"rendered":"CREDIT RATING RESULT OF BOND ISSUED BY VINHOMES JSC FOR 2026"},"content":{"rendered":"

* RATING BOND: VHM12604<\/strong><\/p>\n

* CREDIT RATING OPINION (first-time): vnAA+<\/em><\/strong><\/p>\n

* OUTLOOK: Stable<\/em><\/strong><\/p>\n

* DATE OF RATING CERTIFICATION ISSUANCE: May 06, 2026<\/strong><\/em><\/p>\n

* BUSINESS LINE: Real Estate Development<\/strong><\/em><\/p>\n

* RATING COMMITTEE:<\/p>\n

Mr. Nguyen Duc Phu, MSc<\/p>\n

Mr. Bui Van Long, MSc<\/p>\n

Ms. Bui Thu Huong, MBA, CFA<\/p>\n

* ANALYSTS:<\/p>\n

Ms. Nguyen Kim Chi, CFA<\/p>\n

Mr. Vu Thien Phong, ACCA, CFA<\/p>\n

Ms. Tran Thi Minh Thu, BA<\/p>\n

* INFORMATION OF INTEREST CONFLICT<\/p>\n

\u2013 Saigon Ratings\u2019 share ownership in Vinhomes Joint Stock Company: None<\/p>\n

\u2013 Saigon Ratings\u2019 bond ownership in Vinhomes Joint Stock Company: None<\/p>\n

\u2013 Saigon Ratings\u2019 other debt instrument ownership in Vinhomes Joint Stock Company: None<\/p>\n

\u2013 Saigon Ratings employee\u2019s share ownership in Vinhomes Joint Stock Company: None<\/p>\n

Saigon Ratings is committed to the implementation of credit rating independently and objectively.<\/p>\n

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","protected":false},"excerpt":{"rendered":"

* RATING BOND: VHM12604 * CREDIT RATING OPINION (first-time): vnAA+ * OUTLOOK: Stable * DATE OF RATING CERTIFICATION ISSUANCE: May 06, 2026 * BUSINESS LINE: Real 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….<\/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-13022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rating-details","category-rating-results"],"acf":[],"yoast_head":"\nCREDIT RATING RESULT OF BOND ISSUED BY VINHOMES JSC 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\/bond-rating-vhm12604-2026\/\" \/>\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 BOND ISSUED BY VINHOMES JSC FOR 2026\" \/>\n<meta property=\"og:description\" content=\"* RATING BOND: VHM12604 * CREDIT RATING OPINION (first-time): vnAA+ * OUTLOOK: Stable * DATE OF RATING CERTIFICATION ISSUANCE: May 06, 2026 * BUSINESS LINE: Real 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....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/saigonratings.com\/en\/bond-rating-vhm12604-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Saigon Ratings\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-06T15:15:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-07T07:56:16+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 BOND ISSUED BY VINHOMES JSC FOR 2026 - 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