
About S&I Ratings
Founded by leading companies in the financial sector along with a team of experienced experts, S&I Ratings is a pioneer in the field of credit rating and assessment in Vietnam.
Board of Directors and Board of Management
A management team with extensive experience and deep understanding of both the Vietnamese and international financial markets.

Mr. Cuong Vu, MBA
Chairman of the Board
Before joining S&I Ratings, Mr. Cuong accumulated over 15 years of in-depth experience in investment and finance. He previously held the position of Chief Investment Officer at SSI Asset Management (SSIAM)—the largest domestic asset management company in Vietnam—and served as the CEO of NDH Consulting, a firm specializing in investment, finance, and branding consulting.
Mr. Cuong holds an MBA from Brandeis University in the United States.

Ms. Phuong Hoang, MSc
CEO and Board member
Ms. Phuong brings a wealth of experience in financial research, having led SSI Research as Head of Research since 2011. During her tenure, the team earned significant recognition, winning 11 consecutive Best Country Research Awards from the AsiaMoney Brokers Poll (2012-2022) and securing the second-best Research for Frontier Markets title from Institutional Investors in 2023.
She holds a Master’s degree in Information Management and Finance from the University of Westminster in the United Kingdom.

Mr. Thang Ha
Board member
Mr Thang has over 20 years of experience in the financial and stock market sector. He has carried out numerous projects on corporate financial consulting, equitization, valuation, IPO listing, etc. Additionally, he has been involved in the management and operation of many businesses in investment banking, real estate, seafood import and export... Currently, he is the Chairman cum CEO of Sunway JSC.
Credit Rating Committee

Mr. Vinh Nguyen, MA
Committee member
Mr. Vinh has three decades of expertise in the energy sector, holding key leadership roles in major organizations. He is the Chairman and CEO of Van Phong Power Company Ltd., a wholly owned subsidiary of Sumitomo Corporation, and also serves as Chief of Project Development for Overseas Energy Solution Unit No. 1 (Asia) at Sumitomo Corporation.
He holds a MA in Economics from Foreign Trade University Hanoi.

Mr. Viet Chu, MSc
Committee member
Mr. Viet has 19 years of experience in the financial sector and currently serves as the Head of Global Markets at DBS Bank Ho Chi Minh City, Vietnam. In this role, he leads the development and execution of macro trading strategies while overseeing the bank’s financial markets operations in the country.
Mr. Viet holds a Master’s degree in Actuarial Science from the University of Lyon, France, and is certified in Probability and Financial Mathematics by the Society of Actuaries, USA, further solidifying his expertise in quantitative finance and risk management.

Ms. Tu Vo, MSc
Committee member
Ms. Tu has 20 years of experience in the financial and securities industry, holding key leadership roles in investment analysis and management at top securities firms and asset management companies, including VNDirect, SSI Asset Management (SSIAM), An Bình, and Việt Cát. She has a strong track record in overseeing investment portfolios worth multiple trillions of VND, showcasing her expertise in financial strategy and asset management.
She holds a Master's degree in International Business from Maastricht University, Netherlands

Mr. Phuong Hoang, MBA, CPA
Committee member
Mr. Phuong has over 24 years of experience in finance and currently serves as the Director of Project Finance at Levanta Renewables (Singapore). His leadership background includes senior management roles at Construction Trading Joint Stock Corporation, Techcom Securities, Vinfaco, and FECON Power. Additionally, he spent 14 years as a senior specialist at Vietnam Electricity Group (EVN) and four years as a senior auditor at Deloitte, solidifying his expertise in financial management and project development.
He holds a Master’s degree in Business Administration and is a Certified Public Accountant (CPA).

Ms. Giang Nguyen, ACCA
Committee member
Giang has 19 years of experience in the financial and investment sector, beginning her career in 2006 as a consultant at Deloitte, where she specialized in M&A advisory. She is currently the Head of Investments, Vietnam at Kenno Advisory Pte. Ltd (Singapore). Prior to joining Kenno, she spent over nine years at SSI Securities, leading the institutional equity research analyst team.
She holds a Bachelor's degree in Corporate Finance and is a Chartered Accountant (ACCA), further solidifying her expertise in financial analysis and investment strategy.

Mr. Tuan Nguyen, MSc
Committee member
With over 10 years of experience in the finance sector, Mr. Tuan has held roles such as Senior Business Development Specialist at PAN Farm Joint Stock Company and Chief Financial Officer at PAN Farm Joint Stock Company.
Major Shareholders
No | Shareholders owning 5% or more of charter capital | Ownership ratio |
---|---|---|
1 |
SAPIE Investment Services and Capital Management Joint Stock Company |
10.00% |
2 |
AGON Joint Stock Company |
10.00% |
3 |
PALLAS Joint Stock Company |
10.00% |
4 |
NDH Consulting Company Limited |
10.00% |
5 |
Nguyen Thi Ha Duong |
9.50% |
6 |
Vu Thi Hong Hanh |
9.40% |
7 |
Le Tuyet Lan |
9.30% |
8 |
Bui Thi Hong Nhung |
9.00% |
9 |
Bui Huy Phuong |
9.00% |
10 |
To Minh Duc |
8.81% |
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