{"id":24683,"date":"2018-10-09T15:32:12","date_gmt":"2018-10-09T08:32:12","guid":{"rendered":"https:\/\/anvilaw.com\/vi\/?p=24683"},"modified":"2022-06-16T13:56:19","modified_gmt":"2022-06-16T06:56:19","slug":"2-009-manh-nha-doanh-nghiep-viet-thau-tom-khoi-ngoai","status":"publish","type":"post","link":"https:\/\/anvilaw.com\/vi\/2-009-manh-nha-doanh-nghiep-viet-thau-tom-khoi-ngoai\/","title":{"rendered":"2.009. Manh nha doanh nghi\u1ec7p Vi\u1ec7t th\u00e2u t\u00f3m kh\u1ed1i ngo\u1ea1i?"},"content":{"rendered":"(TC) – Vi\u1ec7c m\u1ed9t \u0111\u01a1n v\u1ecb th\u00e0nh vi\u00ean c\u1ee7a Vingroup v\u1eeba ho\u00e0n t\u1ea5t mua l\u1ea1i h\u1ec7 th\u1ed1ng si\u00eau th\u1ecb Fivimart l\u00e0m le l\u00f3i l\u00ean xu h\u01b0\u1edbng doanh nghi\u1ec7p Vi\u1ec7t th\u00e2u t\u00f3m kh\u1ed1i ngo\u1ea1i. Xu h\u01b0\u1edbng n\u00e0y hi\u1ec7n m\u1edbi ch\u1ec9 l\u00e0 manh nha, v\u00ec trong “s\u00e2n ch\u01a1i” n\u00e0y, kh\u1ed1i n\u1ed9i v\u1eabn t\u1ecf ra l\u00e9p v\u1ebf d\u00f9 c\u00f3 l\u1ee3i th\u1ebf “s\u00e2n nh\u00e0”.<\/strong><\/p>\n

\"\"\u0110\u00e3 t\u1edbi l\u00fac DN trong n\u01b0\u1edbc c\u00f3 th\u1ec3 ch\u1ee7 \u0111\u1ed9ng mua l\u1ea1i c\u00e1c DN FDI? Ngu\u1ed3n: Internet<\/em><\/p>\n

T\u1eeb t\u01b0 duy th\u1ee5 \u0111\u1ed9ng, b\u1ecb c\u00e1c nh\u00e0\u00a0\u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i\u00a0v\u00e0o mua, doanh nghi\u1ec7p (DN) trong n\u01b0\u1edbc c\u00f3 th\u1ec3 ch\u1ee7 \u0111\u1ed9ng mua l\u1ea1i c\u00e1c DN FDI t\u1ea1i Vi\u1ec7t Nam.<\/p>\n

Doanh nghi\u1ec7p n\u01b0\u1edbc ngo\u00e0i\u00a0v\u1eabn \u00e1p \u0111\u1ea3o<\/strong><\/p>\n

D\u00f9 \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 l\u00e0 nhi\u1ec1u c\u01a1 h\u1ed9i v\u00e0 ti\u1ebfp t\u1ee5c s\u00f4i \u0111\u1ed9ng, nh\u01b0ng v\u1ecb th\u1ebf c\u1ee7a DN Vi\u1ec7t tr\u00ean\u00a0th\u1ecb tr\u01b0\u1eddng\u00a0mua b\u00e1n v\u00e0\u00a0s\u00e1p nh\u1eadp\u00a0(M&A) t\u1ea1i Vi\u1ec7t Nam h\u1ebft s\u1ee9c khi\u00eam t\u1ed1n khi c\u00e1c th\u01b0\u01a1ng v\u1ee5 c\u00f3 nh\u00e0 \u0111\u1ea7u t\u01b0 ngo\u1ea1i chi\u1ebfm ph\u1ea7n l\u1edbn t\u1ed5ng gi\u00e1 tr\u1ecb M&A. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y ph\u1ea7n l\u1edbn nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i \u0111ang mua l\u1ea1i DN Vi\u1ec7t.<\/p>\n

Theo s\u1ed1 li\u1ec7u c\u1ee7a C\u1ee5c \u0110\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i (B\u1ed9 K\u1ebf ho\u1ea1ch v\u00e0 \u0110\u1ea7u t\u01b0), trong 9 th\u00e1ng n\u0103m 2018, c\u1ea3 n\u01b0\u1edbc c\u00f3 5.275 l\u01b0\u1ee3t g\u00f3p v\u1ed1n, mua c\u1ed5 ph\u1ea7n c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i v\u1edbi t\u1ed5ng gi\u00e1 tr\u1ecb v\u1ed1n g\u00f3p 5,7 t\u1ef7 USD, t\u0103ng 36,8% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m 2017.<\/p>\n

Thay v\u00ec \u0111\u1ea7u t\u01b0 c\u00e1c d\u1ef1 \u00e1n m\u1edbi, nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i \u0111\u00e3 l\u1ef1a ch\u1ecdn mua c\u1ed5 ph\u1ea7n c\u1ee7a doanh nghi\u1ec7p Vi\u1ec7t \u2013 \u0111\u00e3 c\u00f3 th\u01b0\u01a1ng hi\u1ec7u v\u1eefng v\u00e0ng tr\u00ean th\u1ecb tr\u01b0\u1eddng.<\/p>\n

C\u00e1c chuy\u00ean gia kinh t\u1ebf \u0111\u00e1nh gi\u00e1, vi\u1ec7c g\u00f3p v\u1ed1n, mua c\u1ed5 ph\u1ea7n c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i v\u1edbi c\u00e1c d\u1ef1 \u00e1n trong n\u01b0\u1edbc l\u00e0 m\u1ed9t trong c\u00e1c h\u00ecnh th\u1ee9c c\u1ee7a giao d\u1ecbch M&A. \u0110\u00e2y c\u0169ng l\u00e0 c\u00e1ch \u0111\u01b0\u1ee3c nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e1nh gi\u00e1 c\u00f3 hi\u1ec7u qu\u1ea3 v\u00e0 nhanh nh\u1ea5t \u0111\u1ec3 x\u00e2m nh\u1eadp th\u1ecb tr\u01b0\u1eddng, m\u1edf r\u1ed9ng ho\u1ea1t \u0111\u1ed9ng t\u1ea1i Vi\u1ec7t Nam. \u0110\u1eb7c bi\u1ec7t, \u0111\u00edch ng\u1eafm c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i l\u00e0 nh\u1eefng DN Vi\u1ec7t \u0111ang “\u0103n n\u00ean l\u00e0m ra” ho\u1eb7c r\u1ea5t ti\u1ec1m n\u0103ng trong th\u1eddi gian t\u1edbi.<\/p>\n

Trong \u0111\u00f3, ph\u1ea3i k\u1ec3 t\u1edbi th\u01b0\u01a1ng v\u1ee5 cu\u1ed1i n\u0103m 2014, Kinh \u0110\u00f4 quy\u1ebft \u0111\u1ecbnh b\u00e1n 80% c\u1ed5 ph\u1ea7n cho Mondel_z International (NASDAQ \u2013 MDLZ) \u2013 c\u00f4ng ty b\u00e1nh k\u1eb9o c\u1ee7a Singapore.<\/p>\n

T\u1edbi 8\/2016, CTCP T\u1eadp \u0111o\u00e0n Kido (KDC) tr\u01b0\u1edbc \u0111\u00e2y l\u00e0 Kinh \u0110\u00f4 \u0111\u00e3 b\u00e1n n\u1ed1t 20% c\u00f2n l\u1ea1i c\u1ee7a m\u1ea3ng b\u00e1nh k\u1eb9o cho Mondel_z. Nh\u01b0 v\u1eady, th\u01b0\u01a1ng hi\u1ec7u b\u00e1nh k\u1eb9o n\u1ed5i ti\u1ebfng c\u1ee7a DN trong n\u01b0\u1edbc mang t\u00ean Kinh \u0110\u00f4 \u0111\u00e3 ch\u00ednh th\u1ee9c chuy\u1ec3n th\u00e0nh DN 100% v\u1ed1n c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i.<\/p>\n

T\u1eebng l\u00e0 DN l\u1edbn nh\u1ea5t Vi\u1ec7t Nam trong l\u0129nh v\u1ef1c ch\u1ebf bi\u1ebfn x\u00fac x\u00edch t\u01b0\u01a1i, tuy nhi\u00ean, \u0110\u1ee9c Vi\u1ec7t \u0111\u00e3 quy\u1ebft \u0111\u1ecbnh b\u00e1n cho t\u1eadp \u0111o\u00e0n th\u1ef1c ph\u1ea9m H\u00e0n Qu\u1ed1c Daesang Corp v\u1edbi m\u1ee9c gi\u00e1 32 tri\u1ec7u USD, khi\u1ebfn nhi\u1ec1u ng\u01b0\u1eddi kh\u00f4ng kh\u1ecfi ti\u1ebfc nu\u1ed1i tr\u01b0\u1edbc m\u1ed9t th\u01b0\u01a1ng hi\u1ec7u Vi\u1ec7t \u0111\u00e3 c\u00f3 ch\u1ed7 \u0111\u1ee9ng nh\u1ea5t \u0111\u1ecbnh trong l\u00f2ng ng\u01b0\u1eddi ti\u00eau d\u00f9ng.<\/p>\n

\u0110\u00e3 c\u00f3 th\u1eddi \u0111i\u1ec3m, hai th\u01b0\u01a1ng hi\u1ec7u P\/S v\u00e0 D\u1ea1 Lan tr\u1edf th\u00e0nh nh\u1eefng “\u00f4ng l\u1edbn” \u0111\u1ed9c chi\u1ebfm th\u1ecb tr\u01b0\u1eddng kem \u0111\u00e1nh r\u0103ng Vi\u1ec7t. Tuy nhi\u00ean, \u0111\u00e1ng ti\u1ebfc l\u00e0 c\u1ea3 hai \u0111\u00e3 b\u00e1n l\u1ea1i th\u01b0\u01a1ng hi\u1ec7u cho DN n\u01b0\u1edbc ngo\u00e0i. Trong \u0111\u00f3, kem \u0111\u00e1nh r\u0103ng P\/S b\u00e1n cho Unilever v\u00e0o n\u0103m 2003, D\u1ea1 Lan b\u00e1n cho Colgate Palmolive. Ri\u00eang tr\u01b0\u1eddng h\u1ee3p P\/S, ng\u00e0y nay t\u00ean c\u00f4ng ty v\u1eabn c\u00f2n song nh\u00e3n hi\u1ec7u kem P\/S kh\u00f4ng c\u00f2n thu\u1ed9c v\u1ec1 ng\u01b0\u1eddi Vi\u1ec7t.<\/p>\n

\u0110\u01b0\u1ee3c m\u1ec7nh danh l\u00e0 m\u1ed9t trong c\u00e1c th\u01b0\u01a1ng hi\u1ec7u Vi\u1ec7t \u0111\u00ecnh \u0111\u00e1m, tuy nhi\u00ean c\u00e1i k\u1ebft c\u1ee7a Diana gi\u1ed1ng nhi\u1ec1u th\u01b0\u01a1ng hi\u1ec7u Vi\u1ec7t tr\u01b0\u1edbc \u0111\u00f3. Diana \u0111\u00e3 quy\u1ebft \u0111\u1ecbnh b\u00e1n \u0111\u1ee9t 95% c\u1ed5 ph\u1ea7n cho t\u1eadp \u0111o\u00e0n h\u00e0ng gia d\u1ee5ng Nh\u1eadt B\u1ea3n Unicharm.<\/p>\n

C\u00f9ng v\u1edbi \u0111\u00f3 ph\u1ea3i k\u1ec3 t\u1edbi c\u00e1c th\u01b0\u01a1ng v\u1ee5 b\u00e1n c\u1ed5 ph\u1ea7n nh\u01b0 nh\u01b0 CTCP Qu\u1ea1t Vi\u1ec7t Nam b\u00e1n 65% c\u1ed5 ph\u1ea7n cho SEB (Ph\u00e1p) hay Y Khoa Ho\u00e0n M\u1ef9 b\u00e1n 65% c\u1ed5 ph\u1ea7n cho Fortis (\u1ea4n \u0110\u1ed9); Fivimart v\u00e0 Citimart v\u1edbi T\u1eadp \u0111o\u00e0n b\u00e1n l\u1ebb Aeon Nh\u1eadt B\u1ea3n; Nh\u1ef1a B\u00ecnh Minh, Nh\u1ef1a Ti\u1ec1n Phong, TPC\u2026. v\u1edbi T\u1eadp \u0111o\u00e0n Xi m\u0103ng Siam (SCG) c\u1ee7a Th\u00e1i Lan; Sabeco b\u00e1n h\u01a1n 53% c\u1ed5 ph\u1ea7n cho t\u1ef7 ph\u00fa Th\u00e1i Lan.<\/p>\n

Theo b\u00e0 V\u0169 Kim H\u1ea1nh, Ch\u1ee7 t\u1ecbch H\u1ed9i DN h\u00e0ng Vi\u1ec7t Nam ch\u1ea5t l\u01b0\u1ee3ng cao, hi\u1ec7n nay, c\u00e1c h\u1ec7 th\u1ed1ng ph\u00e2n ph\u1ed1i, c\u00e1c DN l\u1edbn c\u1ee7a Vi\u1ec7t Nam lu\u00f4n tr\u1edf th\u00e0nh “\u0111\u00edch ng\u1eafm” th\u00e2u t\u00f3m c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i.<\/p>\n

Nh\u01b0 tr\u01b0\u1eddng h\u1ee3p Nh\u1ef1a B\u00ecnh Minh – m\u1ed9t trong nh\u1eefng DN nh\u1ef1a t\u1ed1t nh\u1ea5t trong h\u00e0ng Vi\u1ec7t Nam ch\u1ea5t l\u01b0\u1ee3ng cao – \u0111\u00e3 r\u01a1i v\u00e0o tay nh\u00e0 \u0111\u1ea7u t\u01b0 Th\u00e1i Lan. Hay c\u00e1c DN l\u1edbn nh\u01b0 Vinamilk c\u0169ng lu\u00f4n \u0111\u01b0\u1ee3c c\u00e1c DN n\u01b0\u1edbc ngo\u00e0i s\u0103n \u0111\u00f3n.<\/p>\n

B\u00e0 H\u1ea1nh chia s\u1ebb: “Th\u1eb3ng th\u1eafn m\u00e0 n\u00f3i m\u00ecnh c\u00f3 h\u1ea5p d\u1eabn, c\u00f3 \u0111\u00e1ng mua th\u00ec ng\u01b0\u1eddi ta m\u1edbi mu\u1ed1n mua. B\u00e1n hay mua trong th\u1eddi gian n\u00e0y h\u1ebft s\u1ee9c b\u00ecnh th\u01b0\u1eddng. H\u1ed9i nh\u1eadp ai th\u1ea5y m\u00ecnh t\u1ed1t th\u00ec mua, b\u00e1n \u0111\u01b0\u1ee3c gi\u00e1 th\u00ec DN b\u00e1n. Tuy nhi\u00ean, th\u1eed \u0111\u1eb7t c\u00e2u h\u1ecfi, n\u1ebfu DN c\u00f3 \u0111i\u1ec1u ki\u1ec7n ti\u1ebfp t\u1ee5c ph\u00e1t tri\u1ec3n, c\u00f3 khi ng\u01b0\u1eddi ta ch\u01b0a b\u00e1n. \u0110\u1ed3ng th\u1eddi, m\u00ecnh b\u00e1n nh\u01b0ng c\u00f3 \u0111i mua l\u1ea1i DN kh\u00e1c kh\u00f4ng?”<\/p>\n

B\u00e0 H\u1ea1nh \u0111\u1eb7t v\u1ea5n \u0111\u1ec1 t\u1ea1i sao nh\u1eefng DN t\u01b0 nh\u00e2n Vi\u1ec7t Nam kh\u00f4ng th\u1ec3 tham gia mua l\u1ea1i c\u00e1c DN n\u00e0y, qua \u0111\u00f3 gi\u1eef l\u1ea1i nh\u1eefng DN t\u1ed1t nh\u1ea5t \u0111\u1ec3 ph\u00e1t tri\u1ec3n kinh t\u1ebf Vi\u1ec7t Nam.<\/p>\n

G\u1ee1 r\u00e0o c\u1ea3n,\u00a0th\u00eam “c\u00fa h\u00edch”<\/strong><\/p>\n

Cu\u1ed1i th\u00e1ng 9 v\u1eeba qua, t\u1eadp \u0111o\u00e0n b\u00e1n l\u1ebb Aeon c\u1ee7a Nh\u1eadt B\u1ea3n \u0111\u00e3 ph\u00e1t \u0111i th\u00f4ng b\u00e1o v\u1ec1 vi\u1ec7c h\u1ee7y h\u1ee3p t\u00e1c nghi\u1ec7p v\u1ee5, h\u1ee3p t\u00e1c li\u00ean k\u1ebft v\u1ed1n gi\u1eefa CTCP Aeon v\u00e0 CTCP First Vi\u1ec7t Nam (Nh\u1ea5t Nam \u2013 Fivimart) sau m\u1ed9t th\u1eddi gian d\u00e0i li\u00ean k\u1ebft. L\u00fd do h\u1ee7y b\u1ecf vi\u1ec7c li\u00ean k\u1ebft h\u1ee3p t\u00e1c v\u1edbi Fivimart l\u00e0 do ph\u01b0\u01a1ng h\u01b0\u1edbng, t\u01b0 t\u01b0\u1edfng, t\u1ea7m nh\u00ecn chi\u1ebfn l\u01b0\u1ee3c gi\u1eefa Aeon v\u00e0 Fivimart c\u00f3 s\u1ef1 kh\u00e1c nhau.<\/p>\n

Tuy nhi\u00ean, \u0111i\u1ec1u \u0111\u00e1ng quan t\u00e2m h\u01a1n l\u00e0 m\u1ed9t DN b\u00e1n l\u1ebb Vi\u1ec7t Nam – CTCP d\u1ecbch v\u1ee5 th\u01b0\u01a1ng m\u1ea1i VinCommerce, \u0111\u01a1n v\u1ecb th\u00e0nh vi\u00ean c\u1ee7a T\u1eadp \u0111o\u00e0n Vingroup, v\u1eeba c\u00f4ng b\u1ed1 ch\u00ednh th\u1ee9c ho\u00e0n t\u1ea5t th\u01b0\u01a1ng v\u1ee5 mua l\u1ea1i to\u00e0n b\u1ed9 chu\u1ed7i si\u00eau th\u1ecb Fivimart.<\/p>\n

Th\u01b0\u01a1ng v\u1ee5 n\u1eb1m trong k\u1ebf ho\u1ea1ch m\u1edf r\u1ed9ng th\u1ecb tr\u01b0\u1eddng nh\u1eb1m hi\u1ec7n th\u1ef1c h\u00f3a m\u1ee5c ti\u00eau 200 si\u00eau th\u1ecb VinMart v\u00e0 4.000 c\u1eeda h\u00e0ng VinMart+ v\u00e0o n\u0103m 2020. V\u1edbi vi\u1ec7c mua l\u1ea1i 100% c\u1ed5 ph\u1ea7n chu\u1ed7i si\u00eau th\u1ecb Fivimart t\u1eeb CTCP Nh\u1ea5t Nam, VinCommerce \u0111\u00e3 ch\u00ednh th\u1ee9c s\u1edf h\u1eefu to\u00e0n b\u1ed9 h\u1ec7 th\u1ed1ng g\u1ed3m 23 si\u00eau th\u1ecb Fivimart.<\/p>\n

B\u00ean c\u1ea1nh vi\u1ec7c ti\u1ebfp t\u1ee5c kinh doanh m\u1ea3ng b\u00e1n l\u1ebb ti\u00eau d\u00f9ng, ph\u00e2n ph\u1ed1i c\u00e1c m\u1eb7t h\u00e0ng th\u1ef1c ph\u1ea9m, gia d\u1ee5ng, \u0111\u1ed3 d\u00f9ng h\u00f3a m\u1ef9 ph\u1ea9m\u2026, c\u00e1c si\u00eau th\u1ecb m\u1edbi n\u00e0y s\u1ebd \u0111\u01b0\u1ee3c t\u0103ng c\u01b0\u1eddng c\u00e1c m\u1eb7t h\u00e0ng th\u1ef1c ph\u1ea9m t\u01b0\u01a1i s\u1ed1ng.<\/p>\n

Theo \u0111\u00e1nh gi\u00e1 c\u1ee7a c\u00e1c chuy\u00ean gia, hi\u1ec7u qu\u1ea3 c\u1ee7a th\u01b0\u01a1ng v\u1ee5 tr\u00ean ch\u1eafc ch\u1eafn ph\u1ea3i m\u1ed9t th\u1eddi gian n\u1eefa m\u1edbi r\u00f5. Tuy nhi\u00ean, \u0111i\u1ec3m t\u00edch c\u1ef1c tr\u01b0\u1edbc m\u1eaft s\u1ebd l\u00e0m t\u0103ng s\u1ee9c m\u1ea1nh h\u1ec7 th\u1ed1ng ph\u00e2n ph\u1ed1i c\u1ee7a DN Vi\u1ec7t \u0111\u1ec3 c\u1ea1nh tranh v\u1edbi n\u01b0\u1edbc ngo\u00e0i.<\/p>\n

C\u00f9ng v\u1edbi \u0111\u00f3, c\u00e1c DN s\u1ea3n xu\u1ea5t Vi\u1ec7t s\u1ebd c\u00f3 l\u1ee3i th\u1ebf khi \u0111\u01b0a h\u00e0ng v\u00e0o si\u00eau th\u1ecb n\u1ed9i thay v\u00ec ph\u1ea3i ph\u1ee5 thu\u1ed9c, ch\u01b0a k\u1ec3 b\u1ecb ch\u00e8n \u00e9p b\u1edfi h\u1ec7 th\u1ed1ng ph\u00e2n ph\u1ed1i ngo\u1ea1i.<\/p>\n

Th\u1ef1c t\u1ebf n\u00e0y c\u0169ng \u0111\u00e3 tr\u1ea3 l\u1eddi c\u00e2u h\u1ecfi, DN Vi\u1ec7t Nam ho\u00e0n to\u00e0n c\u00f3 th\u1ec3 mua l\u1ea1i DN ngo\u1ea1i, c\u1ed5 ph\u1ea7n c\u1ee7a DN ngo\u1ea1i nh\u01b0ng v\u1edbi \u0111i\u1ec1u ki\u1ec7n ph\u1ea3i c\u00f3 ti\u1ec1m l\u1ef1c v\u1eefng m\u1ea1nh. M\u00e0 mu\u1ed1n nh\u01b0 v\u1eady, c\u00e1c DN c\u1ea7n ph\u1ea3i c\u00f3 m\u00f4i tr\u01b0\u1eddng ph\u00e1t tri\u1ec3n.<\/p>\n

Lu\u1eadt s\u01b0 Tr\u01b0\u01a1ng Thanh \u0110\u1ee9c, Gi\u00e1m \u0111\u1ed1c c\u00f4ng ty Lu\u1eadt ANVI, cho r\u1eb1ng m\u1ed9t qu\u1ed1c gia mu\u1ed1n c\u1ea1nh tranh ph\u1ea3i d\u1ef1a v\u00e0o nh\u1eefng DN l\u1edbn. Tuy nhi\u00ean, hi\u1ec7n nay, nhi\u1ec1u DN Vi\u1ec7t Nam kh\u00f4ng th\u1ec3 l\u1edbn m\u1ea1nh do ch\u00ednh s\u00e1ch c\u00f2n c\u1ea3n tr\u1edf, li\u00ean t\u1ee5c thay \u0111\u1ed5i, l\u00e0m DN kh\u00f3 \u0111i \u0111\u01b0\u1eddng d\u00e0i, \u0111\u1ea7u t\u01b0 h\u1ebft l\u00f2ng, h\u1ebft s\u1ee9c v\u00ec s\u1ee3 r\u1ee7i ro.<\/em><\/p>\n

Trong khi \u0111\u00f3, \u00f4ng \u0110\u1ed7 Thi\u00ean Anh Tu\u1ea5n, \u0110\u1ea1i h\u1ecdc Fulbright Vi\u1ec7t Nam, n\u00eau th\u1ef1c t\u1ebf DN c\u00e0ng l\u1edbn c\u00e0ng b\u1ecb thanh, ki\u1ec3m tra. Ch\u01b0a k\u1ec3, hi\u1ec7n nay c\u00f3 r\u1ea5t nhi\u1ec1u th\u1ee7 \u0111o\u1ea1n x\u00e2m h\u1ea1i quy\u1ec1n t\u00e0i s\u1ea3n c\u1ee7a DN. DN l\u00e0m \u0103n ch\u00e2n ch\u00ednh nh\u01b0ng b\u1ecb \u0111\u1ed1i th\u1ee7 r\u00eau rao tin b\u1ecba \u0111\u1eb7t, khi\u1ebfn DN ch\u1ecbu thi\u1ec7t h\u1ea1i.<\/p>\n

\u1ede t\u00ecnh hu\u1ed1ng n\u00e0y, Nh\u00e0 n\u01b0\u1edbc c\u1ea7n ph\u1ea3i c\u00f3 c\u00e1c bi\u1ec7n ph\u00e1p r\u0103n \u0111e, tr\u1eebng ph\u1ea1t \u0111\u00edch \u0111\u00e1ng nh\u1eefng ng\u01b0\u1eddi r\u00eau rao tin \u0111\u1ed3n kh\u00f4ng c\u00f3 c\u01a1 s\u1edf \u1ea3nh h\u01b0\u1edfng t\u1edbi DN<\/p>\n

Theo L\u00ea Th\u00fay\/thoibaokinhdoanh.vn<\/strong><\/p>\n

————————-<\/p>\n

Th\u1eddi b\u00e1o Kinh doanh (Kinh doanh) 09-10-2018:<\/em><\/strong><\/p>\n

http:\/\/tapchitaichinh.vn\/tai-chinh-kinh-doanh\/manh-nha-doanh-nghiep-viet-thau-tom-khoi-ngoai-151228.html<\/em><\/a><\/p>\n

(63\/1.440)<\/em>","protected":false},"excerpt":{"rendered":"

(TC) – Vi\u1ec7c m\u1ed9t \u0111\u01a1n v\u1ecb th\u00e0nh vi\u00ean c\u1ee7a Vingroup v\u1eeba ho\u00e0n t\u1ea5t mua l\u1ea1i h\u1ec7 th\u1ed1ng si\u00eau th\u1ecb Fivimart l\u00e0m le l\u00f3i l\u00ean xu h\u01b0\u1edbng doanh nghi\u1ec7p Vi\u1ec7t th\u00e2u t\u00f3m kh\u1ed1i ngo\u1ea1i. Xu h\u01b0\u1edbng n\u00e0y hi\u1ec7n m\u1edbi ch\u1ec9 l\u00e0 manh nha, v\u00ec trong “s\u00e2n ch\u01a1i” n\u00e0y, kh\u1ed1i n\u1ed9i v\u1eabn t\u1ecf ra l\u00e9p v\u1ebf d\u00f9 […]<\/p>\n","protected":false},"author":3,"featured_media":24684,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17,26],"tags":[],"class_list":["post-24683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binh-luan-gop-y","category-legal-media"],"acf":[],"yoast_head":"\n2.009. 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