VIETNAM’S FIRST GLOBAL STANDARD CREDIT RATING COMPANY
Currently, Vietnam has only four licensed credit rating service providers, including Hana Ratings, which is the first and only foreign-invested company in the market. Hana Ratings brings a unique, multi-dimensional approach to credit rating services. The company is licensed to provide the following services: Credit Rating Services; Management Consulting Services (excluding tax consulting); Market Research Services (excluding public opinion polling); Data Processing Services; and Database Services.
Hana Ratings is led by Mr. Hahm Ho Kun, who serves as the Chairman of the Board. He has an extensive background in accounting, having worked for PWC Korea, a leading accounting firm in South Korea. In 2007, Mr. Hahm Ho Kun ventured into Vietnam, taking on a leadership role in an accounting and tax consulting firm based in Hanoi and Ho Chi Minh City. During this time, he supported businesses looking to invest and operate in Vietnam by applying global standards for company valuation.
After years of working in and studying the Vietnamese market, Mr. Hahm Ho Kun identified a need for a globally-standardized credit rating organization to enhance the country’s capital market. In February 2024, he founded Hana Ratings, the first and only foreign-owned credit rating company in Vietnam.
HANA RATINGS ENHANCES MARKET TRANSPARENCY
Industry experts agree that with the entrance of Hana Ratings into the Vietnamese credit rating market, the company will play a pivotal role in enhancing market transparency. Hana Ratings operates according to Korean credit rating technical standards and leverages AI-based data analysis to provide insightful credit information to the economic market. This promotes the development of a healthier and more sustainable market.
To achieve this goal, Hana Ratings has assembled a team of leading experts in the credit rating field from South Korea. The company is also planning to establish an IT team to develop an AI-based credit analysis system. This will enable them to provide in-depth credit analyses and research for companies in Vietnam and comparable companies in the region.
Hana Ratings aspires to become the leading credit rating company in the market by upholding transparent and objective rating standards. The company’s rating decisions are made independently, free from any external influences. Hana Ratings emphasizes the importance of accurate and comprehensive data as the foundation of scientific and systematic credit analysis. Their key strengths lie in their extensive company valuation experience and insightful analysis.
The experts at Hana Ratings foresee an increase in foreign conglomerate investments in Vietnam, made easier by the availability of precise information and analyses of Vietnamese enterprises and corporate bonds. For individual investors, credit ratings, such as those provided by Hana Ratings, serve as a benchmark for evaluating investment opportunities and effectively managing risks.
Hana Ratings aims to contribute to Vietnam’s economic development by providing accurate and reliable credit rating information. The company combines foreign perspectives and technology with a deep understanding of Vietnam’s economic landscape and expertise in credit rating standards.
By offering global standard credit ratings, Hana Ratings helps enterprises issuing bonds establish trust in the market and attract suitable investors. Moreover, credit ratings are crucial for retaining investor confidence, especially during periods of market volatility.
Hana Ratings hopes to play a transformative role in Vietnam’s financial sector and economy by advancing the credit market, fostering financial information technology, and supporting high-caliber talent in the industry.
Hana Ratings Joint Stock Company
Address: 3rd Floor, lPH Building, 241 Xuan Thuy Street, Dich Vong Hau Ward, Cau Giay District, Hanoi, Vietnam
Website: https://hanaratings.com.vn/
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