FiinRatings Webinar
Vietnam Corporate Bonds Market:
Balancing Returns and Risk
15:00 - 17:30, Thursday, Nov 18 2021
Vietnamese
Bond has become an attractive and growing funding source for Vietnamese corporates besides bank credit or equity market. As an investment class in a portfolio, corporate bonds have not only drawn attention from financial institutions such as banks, insurance companies, and bond funds, but also from other corporates and individual investors.
In Nov 11 2021, FiinRatings released its FiinRatings Insight #2. As a certified independent credit rating agency in Vietnam, FiinRatings always wishes to provide standardized information in order to support businesses to assess their credit score and funding plan as well as conveys credit information of bond issuers to both professional and non-professional investors for their evaluation, selection and investment in the secondary market.
With continuous efforts to offer standardized information for investors and market participants as well as contribute to the transparency and development of Vietnam's capital market, FiinRatings is pleased to organize the Webinar: Vietnam Corporate Bonds Market: Balancing Returns and Risks.
Joining the event, participants can directly request panelists to analyze their interested bonds/ issuers HERE.
Agenda
15:00 - 15:10
Opening
(Mr.) Nguyen Minh Tu
Director, FiinRatings & FiinGroup
15:10 - 15:25
Assessment of credit quality of current VIetnamese corporate bond issuers
- Overview of Vietnam corporate bond market 9M2021 and prospects for 2022
- Credit quality of Vietnamese bond issuers
- Lessons for Vietnam from Evergrande’s case
(Mr.) Le Hong Khang
Manager, Credit Ratings, FiinRatings
(Mr.) Nguyen Nhat Hoang, CFA
Assistant Manager, Credit Risk Analytics, FiinRatings
15:25 - 16:30
Panel Discussion: Opportunities and risks when investing in corporate bonds
- Risks when investing in corporate bond
- Which factors to consider when investing in a particular bond?
- What is the relationship between the issuer's credit rating and the attractiveness of the interest rate that investors receive?
- What are the 3 most important indicators when assessing the issuer's debt repayment capacity?
- How do risk and interest rates differ among issuers in different industries?
(Mr.) Nguyen Quang Thuan, FCCA - Moderator
CEO, FiinRatings & FiinGroup
(Mr.) Nguyen Minh Tu, MSc
Director, FiinRatings & FiinGroup
(Mr.) Le Hong Khang
Manager, Credit Ratings, FiinRatings
(Mr.) Nguyen Nhat Hoang, CFA
Assistant Manager, Credit Risk Analytics, FiinRatings
16:30 - 17:20
Practice assessing bond repayment capacity and Q&A
-
Analysis of debt repayment capacity of specific issuers in industries
(Summary from investors' questions) - Q&A
16:55 - 17:00
Close of event
Speakers
(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.
(Mr.) Nguyen Minh Tu
Director, FiinRatings & FiinGroup
Mr. Tu is currently the Director of Credit Rating Services of FiinGroup. He joined as a Lead of FiinGroup’s Business Information Service since 2017.
(Mr.) Le Hong Khang
Manager, Credit Ratings, 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
(Mr.) Nguyen Nhat Hoang, CFA
Assistant Manager, Credit Risk Analytics, FiinRatings
Hoang is currently a Assistant Manager, Credit Risk Analytics, FiinRatings. He has spent over 7 years of experience in equity coverage, financial analysis and auditing.