Hana Ratings is the only foreign credit rating company among the five credit rating
companies approved to be established in Vietnam.
Hana Ratings, the first 100% foreign-invested credit rating agency, is established in Vietnam. Hana Ratings is the only foreign credit rating company among the five credit rating companies approved to be established in Vietnam.
The majority shareholder and representative of Hana Ratings is Mr. Hahm Ho Kun, who worked at PWC Korea – a Korean accounting firm, and came to Vietnam in 2007 to run an accounting and tax consulting business in Hanoi and Ho Chi Minh City.
He has provided help to businesses seeking to invest in or conduct business in Vietnam by applying the company valuation techniques of global standards that he learned at PWC Korea to the Vietnamese context.
Believing that there must be a credit rating agency with global standards in order to improve the Vietnamese capital market, Mr. Hahm applied for and has received approval to establish an advanced and reliable credit rating company through Korean credit rating techniques and AI-based data analysis. It plans to provide credit information to the economic market.
To this end, Hana Ratings has hired people who worked at a Korean credit rating company and plans to establish an IT team to build an AI-based credit analysis system.
In addition, reports for each industry in Vietnam will be prepared and provided to the Vietnamese and global economic markets with useful information on Vietnamese industries and capital markets.
The core of credit evaluation is securing accurate and abundant data for scientific and systematic analysis, so extensive experience in company valuation and insightful analysis are essential. More foreign corporations are expected to invest in Vietnam should they have easy access to accurate information and analysis on Vietnamese companies and corporate bonds.
Hana Ratings’ goal is to contribute to Vietnam’s economic development by providing accurate and reliable credit rating information that combines foreigners’ perspectives and technology with accurate understanding and experience of Vietnam’s economic context. By doing so, Hana Ratings hope to contribute to improving Vietnam’s financial industry and economy by developing credit market and financial IT technology and supporting related high-quality talents.