FiinRatings Webinar

Rating Rationales on Bamboo Capital Group (“BCG”) and Vietnam Renewable Energy Outlook

Alternate Text

15:00 - 17:00, Tuesday, August 31 2021

Alternate Text

Zoom Meeting

Vietnam corporate bond market has emerging as an important source of financing for the growth of Vietnamese enterprises over the last 3 years. Total issue value for the first half of 2021 was US$7.3bn on the primary market and this makes total bond value outstanding amounted to US$48bn, accounting for approximately 12% of total banking credit as of 30 June 2021, our data showed. Investor participation profile in the bond market has expanded rapidly beyond the financial institutions namely banks and securities firms to bond funds, other types of asset managers; and to corporate investors, professional investors and retail investors.

While various regulatory developments have been made, there are an absence of an active role of an independent credit rating agency who help issuers in improving their credit profile in the capital market by giving credit rating opinions and providing improved disclosure to the market participants. The rating opinions and its related disclosure will also help investors in making their searching for issuers and asset allocation, managing risks and pricing their return.

FiinRatings as a licensed credit rating agency, we have conducted public ratings for a number of prominent Vietnamese issuers and released the rating result including for Bamboo Capital Joint Stock Company (“BCG”), an emerging real estate and energy developer listed on HOSE. It is our policy to host seminars for all public ratings as way to improve investor communication and also marked our efforts in market education and in supporting a sustainable development of Vietnamese credit market.

This webinar: Rating Rationales on Bamboo Capital Group (“BCG”) and Vietnam Renewable Energy Outlook​ is the first in a series of seminars for these purposes.

Outline

15:00 - 15:05

Opening

(Mr.) Nguyen Quang Thuan

CEO, FiinRatings & FiinGroup

15:05 - 15:20

BCG Rating Announcement

(Mr.) Le Hong Khang

Manager, Credit Risk Analytics, FiinRatings

15:20 - 15:35

FiinRatings Methodology and Rationales

(Mr.) Nguyen Nhat Hoang, CFA

Senior, Credit Risk Analytics, FiinRatings

15:35 - 16:15

Panel discussion

  • Discussion about rating results and rationales
  • Discussion about the using purpose of credit rating
  • Discussion about the Vietnamese renewable energy sector outlook
  • Discussion about the COVID-19 pandemic to economic conditions and corporate credit outlook for Vietnamese companies

(Mr.) Nguyen Quang Thuan, FCCA - Moderator

CEO, FiinRatings & FiinGroup

(Mr.) Paul Coughlin

Special Advisor and Rating Committee Chairman, FiinRatings

(Mr.) Le Xuan Dong, CFA

Rating Committee Member, FiinRatings

(Ms.) Prachi Gupta, MMS

Financial Advisor, Credit Risk Analytics, FiinRatings

(Mr.) Le Hong Khang

Manager, Credit Risk Analytics, FiinRatings

(Mr.) Nguyen Nhat Hoang, CFA

Senior, Credit Risk Analytics, FiinRatings

16:15 - 16:55

Questions and Answers

16:55 - 17:00

Close of event

Speakers

Alternate Text

(Mr.) Nguyen Quang Thuan, FCCA

CEO, FiinRatings & FiinGroup

Mr. Thuan is CEO of FiinRatings, CEO and co-founder of FiinGroup. Previously, he was an Investment Manager of Vietnam Holding Asset Management Ltd and Manager at PwC Vietnam & Sydney.

Alternate Text

(Mr.) Paul Coughlin

Special Advisor and Rating Committee Chairman, FiinRatings

Mr. Paul Coughlin, former Executive Managing Director & Global Head, Analytics & Operations of S&P Global Ratings joined FiinRatings as a Special Advisor and Rating Committee Chairman from November 16, 2020.

Alternate Text

(Mr.) Le Xuan Dong, CFA

Rating Committee Member, FiinRatings

Managing Research and Consulting division. Previously, he was Senior Investment Manager at BIDV-Vietnam Partners Investment Management with AUM $100m and before that an Audit Manager at Deloitte Vietnam.

Alternate Text

(Ms.) Prachi Gupta, MMS

Financial Advisor, Credit Risk Analytics, FiinRatings

Ms. Prachi Gupta is a Credit Research and Credit Ratings Professional with an overall experience of 10 years at India’s leading ratings agency, CRISIL Ltd (a subsidiary of American company, S&P Global)

Alternate Text

(Mr.) Le Hong Khang

Manager, Credit Risk Analytics, FiinRatings

Mr. Khang has over 10 years working in Finance and Banking. He spent 3 years working as Senior Auditor at KPMG Vietnam and 3 years as Finance Manager at Investment Department of TPBank

Alternate Text

(Mr.) Nguyen Nhat Hoang, CFA

Senior, Credit Risk Analytics, FiinRatings

Hoang is currently a Senior Associate at Credit Risk Analytics of FiinRatings. He has spent over 7 years of experience in equity coverage, financial analysis and auditing.

Stay in the known with FiinGroup’s newsletter!

Subscribe