In 1996, when the Internet was not yet booming and Vietnamese businesses were still at their very dawn, the founders of VietnamCredit had the opportunity to approach a completely new field at that time, which is business information service. We supported a company from Hong Kong to learn about their partners carefully and helped them devise a negotiation strategy that made them give the right investment decision.
Understanding the value of what we had done, since then, there have been three things that led and motivated us to stay in the industry. The first is the desire to correctly locate businesses. The second is to contribute to controlling risks and promoting business cooperation. The third is to help the economy become more transparent.
In 1997, a group specializing in searching company information in Vietnam was born. Four years later, we decided to establish Information Solutions Company and by 2013, the company was equitized and became Vietnam Credit Ratings Joint Stock Company (VietnamCredit). During the development process, we have become a member of many prestigious organizations such as Asian Trust Portal (AsiaGate) (2003), VESA (2017), ACA Commercial Credit Association (2017), etc.
More than 2 decades have passed, VietnamCredit is still the first and largest business information service provider in Vietnam, which pursues the values of accuracy and objectivity of information, helping customers make decisions faster and more accurately.
From the time when hard-copy reports were the only solution to when the Internet exploded, from when Vietnam was a closed society to today's integration, we have put a lot of effort to improve our products and services to best meet all customers’ requirements. Owning a dataset of information on more than 1.2 million businesses operating in Vietnam, we can provide a wide range of products that can assist clients in risk management and making the right business decisions. Our products include: Company Reports, Industry Reports, Due Diligence Reports, Debt Collection Services, and Sales & Marketing Solutions.
Company reports from VietnamCredit are the ideal instruments, which equip you with the critical knowledge you need. Information on import-export activities, potential risks, financial health, payment history, litigation, etc. of every single company operating in Vietnam and other countries across the globe are stored in our database. Information in the reports is amassed from both our existing data and direct investigation. You need to have a thorough understanding of your business partners’ financial condition. Once you are equipped with this report, you will be able to seize the dominant negotiating position. You will mitigate possible risks, and gain many other benefits. You cannot afford to miss out on all of the advantages VietnamCredit company reports bring to you.
This product contains data analysis of the current situation as well as future forecasts of every economic sector in Vietnam. With the aid of Industry Report by VietnamCredit, investors will be granted with insight into an economic sector, which offers maximum support in business decision making. On top of that, risk-takers will save a lot of time and cost, and easily access to analyst's wise opinion.
Approximately 65 out of 100 M&A deals, especially those with foreign partners, may fall through, which is caused by the inconsistency in the valuation of the company, or careless and inaccurate assessment.
Due Diligence Report is detailed investigation of a business or an individual before a transaction takes place, or a cooperation is offered with the aim of mitigating risks. The report provides the most accurate data on the performance and efficiency of the business, so that the buyer can determine the value of the business, identify potential risks and problems. Due diligence, therefore, is considered a very important activity, deciding the success of a business.
We offer three types of Due Diligence Report, including Commercial Due Diligence (CDD), Financial Due Diligence (FDD), and Legal Due Diligence (LDD).
Once we are authorized, we will be in close touch with your debtors via different communication channels including negotiation, legal proceedings, etc. With over 20 years of experience in business information, our collection process is compelled by data. Thus, your debtors will be demanded for payment via the method of their choice, which results in effective collection.
Based on the huge database of more than 1.2 million businesses in Vietnam, VietnamCredit can provide you with Sales and Marketing Data product which assists you in expanding your potential customer contact lists and closing your deals quickly. With Sales and Marketing Data of VietnamCredit, you can target customers through Location, Industry type (VSIC or ISIC), Company size, Number of employees, and so on.
With an excellent and experienced staff, since our establishment, we have created:
600000 company reports
2500 individual reports
700 industry reports
8500 international reports
The above figures make us feel very proud. We have helped many Vietnamese and foreign businesses save millions of dollars in risk costs.
Our products are well-received by customers, not only domestically but internationally, in all industries, including credit insurers, manufacturers, distributors, investment fund managers, bankers, auditors, lawyers and others.
Customers like Vietcombank, one of the biggest banks in Vietnam, Mitshubishi Electric, Samsung, Sumimoto, Deloitte, Ourhome ... have trusted and used our services continuously for over 10 years.
We can proudly say that we have contributed significantly to business activities in Vietnam and around the world by helping domestic and foreign businesses gain an insight about their partners, which supports the promotion of investment as well as international cooperation.