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Vietnam has first credit rating company

The Sai Gon Phat Thinh Rating Joint Stock Company has been licensed by the Ministry of Finance to provide credit rating services, the first of its kind in Vietnam.
Vietnam has first credit rating company ảnh 1Vietnamese enterprises usually have their credit rated by global credit rating agencies such as Standard & Poor’s and Moody’s Investors Service (Photo: VNA)

Hanoi (VNA) – The Sai Gon Phat Thinh Rating JointStock Company has been licensed by the Ministry of Finance to provide creditrating services, the first of its kind in Vietnam.

Credit rating is common in many countries aroundthe world, aiming to supply transparent information for investors andbusinesspeople. 

It is meant to support the stock and bondmarkets, improve transparency, promote capital mobilisation via the stock marketand protect investors’ rights.

Vietnamese enterprises usually have their creditrated by global credit rating agencies such as Standard & Poor’s andMoody’s Investors Service.-VNA
VNA
#Sai Gon Phat Thinh Rating Joint Stock Company #Phat Thinh Rating #credit rating services #first credit rating company in Vietnam #Standard & Poor’s #Moody’s Investors Service #updated Vietnam news #Vietnamplus #Vietnam News Agency
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