{"id":1397,"date":"2019-12-03T14:24:47","date_gmt":"2019-12-03T14:24:47","guid":{"rendered":"http:\/\/tvtinvest.com\/?p=1397"},"modified":"2019-12-21T10:53:36","modified_gmt":"2019-12-21T10:53:36","slug":"triet-ly-va-tu-duy-dau-tu-cua-tvt","status":"publish","type":"post","link":"http:\/\/tvtinvest.com\/?p=1397","title":{"rendered":"TRI\u1ebeT L\u00dd V\u00c0 T\u01af DUY \u0110\u1ea6U T\u01af C\u1ee6A TVT"},"content":{"rendered":"

C\u00f4ng ty T\u01b0 v\u1ea5n v\u00e0 \u0110\u1ea7u t\u01b0 TVT (C\u00f4ng ty TVT) \u0111\u01b0\u1ee3c th\u00e0nh l\u1eadp v\u1edbi M\u1ee5c ti\u00eau tr\u1edf th\u00e0nh C\u00f4ng ty chuy\u00ean nghi\u1ec7p v\u1ec1 l\u0129nh v\u1ef1c \u0110\u1ea7u t\u01b0 v\u00e0 T\u01b0 v\u1ea5n \u0111\u1ea7u t\u01b0 v\u1ec1 t\u00e0i ch\u00ednh m\u00e0 ch\u1ee7 y\u1ebfu l\u00e0 \u0110\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n (mua b\u00e1n c\u1ed5 phi\u1ebfu) tr\u00ean s\u00e0n ch\u1ee9ng kho\u00e1n Vi\u1ec7t nam (Kh\u00f4ng tham gia th\u1ef1c hi\u1ec7n c\u00e1c giao d\u1ecbch v\u1ec1 tr\u00e1i phi\u1ebfu, ch\u1ee9ng kho\u00e1n ph\u00e1i sinh, ch\u1ee9ng quy\u1ec1n, c\u0169ng nh\u01b0 forex,\u2026) v\u1edbi ph\u01b0\u01a1ng ch\u00e2m ch\u1ee7 \u0111\u1ea1o l\u00e0 T\u01b0 duy \u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb. Coi vi\u1ec7c \u0111\u1ea7u t\u01b0 c\u1ed5 phi\u1ebfu nh\u01b0 vi\u1ec7c g\u00f3p v\u1ed1n c\u00f9ng danh nghi\u1ec7p kinh doanh, c\u00f9ng ch\u1ecbu r\u1ee7i ro v\u00e0 c\u00f9ng chia l\u1ee3i nhu\u1eadn. Do v\u1eady tr\u01b0\u1edbc khi \u0111\u1ea7u t\u01b0 g\u00f3p v\u1ed1n v\u00e0o m\u1ed9t doanh nghi\u1ec7p nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n xem x\u00e9t, c\u00e2n nh\u1eafc k\u1ef9 l\u01b0\u1ee1ng v\u1ec1 t\u1ed5ng th\u1ec3 m\u1ecdi m\u1eb7t c\u1ee7a doanh nghi\u1ec7p \u0111\u00f3. T\u1ef1 bi\u1ebft m\u00ecnh l\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb, v\u1ed1n \u00edt, c\u00e1ch ti\u1ebfp c\u1eadn th\u00f4ng tin b\u1ecb gi\u1edbi h\u1ea1n, n\u00ean C\u00f4ng ty TVT lu\u00f4n x\u00e1c \u0111\u1ecbnh gi\u1edbi h\u1ea1n v\u00f9ng t\u00ecm ki\u1ebfm c\u1ee7a m\u00ecnh l\u00e0 c\u00e1c c\u1ed5 phi\u1ebfu c\u1ee7a C\u00e1c doanh nghi\u1ec7p nh\u1ecf<\/strong>, \u0111ang s\u1ea3n xu\u1ea5t kinh doanh c\u00e1c s\u1ea3n ph\u1ea9m, d\u1ecbch v\u1ee5 \u0111\u01a1n gi\u1ea3n d\u1ec3 hi\u1ec3u<\/strong> nh\u01b0ng c\u00f3 l\u1ee3i th\u1ebf c\u1ea1nh tranh \u0111\u1eb7c bi\u1ec7t b\u1ec1n v\u1eefng<\/strong> (c\u00e1c \u0111\u1ed1i th\u1ee7 l\u1edbn mu\u1ed1n tham gia c\u0169ng kh\u00f4ng \u0111\u01b0\u1ee3c), c\u00f3 th\u1eddi gian t\u00edch l\u0169y t\u00e0i s\u1ea3n l\u00e2u ng\u00e0y<\/strong> nh\u01b0ng ch\u01b0a t\u0103ng v\u1ed1n, h\u00e0ng n\u0103m tr\u1ea3 c\u1ed5 t\u1ee9c b\u1eb1ng ti\u1ec1n m\u1eb7t cao<\/strong> (b\u1eb1ng ho\u1eb7c l\u1edbn h\u01a1n t\u1ef7 su\u1ea5t g\u1eedi ti\u1ebft ki\u1ec7m), gi\u00e1 c\u1ed5 phi\u1ebfu t\u00edch l\u0169y l\u00e2u ng\u00e0y<\/strong> trong bi\u00ean \u0111\u1ed9 h\u1eb9p, thanh kho\u1ea3n th\u1ea5p<\/strong>,\u2026 mua t\u00edch l\u0169y v\u00e0 n\u1eafm gi\u1eef l\u00e2u d\u00e0i<\/strong>, \u0111i c\u00f9ng v\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a doanh nghi\u1ec7p. Tuy nhi\u00ean, C\u00f4ng ty TVT c\u0169ng hi\u1ec3u r\u1eb1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n lu\u00f4n bi\u1ebfn \u0111\u1ed9ng kh\u00f4ng ng\u1eebng, \u0111\u1ec3 \u0111\u1ea7u t\u01b0 th\u00e0nh c\u00f4ng th\u00ec ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 c\u0169ng ph\u1ea3i bi\u1ebft thay \u0111\u1ed5i t\u01b0 duy, \u0111i\u1ec1u ch\u1ec9nh ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ea7u t\u01b0 ph\u00f9 h\u1ee3p v\u1edbi s\u1ef1 thay \u0111\u1ed5i c\u1ee7a th\u1ecb tr\u01b0\u1eddng chung m\u1ed9t c\u00e1ch ph\u00f9 h\u1ee3p, C\u00f4ng ty TVT lu\u00f4n b\u1ed1 tr\u00ed m\u1ed9t t\u1ef7 l\u1ec7 v\u1ed1n ph\u00f9 h\u1ee3p \u0111\u1ec3 tham gia v\u00e0o c\u00e1c ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ea7u t\u01b0 kh\u00e1c nhau m\u1ed9t c\u00e1ch h\u1ee3p l\u00fd, t\u00f9y theo c\u00e1c giai \u0111o\u1ea1n c\u1ee7a th\u1ecb tr\u01b0\u1eddng. nh\u01b0ng r\u1ea5t h\u1ea1n ch\u1ebf, ch\u1ec9 khi n\u00e0o c\u00f3 c\u01a1 h\u1ed9i th\u1ef1c s\u1ef1 xu\u1ea5t hi\u1ec7n v\u1edbi x\u00e1c su\u1ea5t th\u00e0nh c\u00f4ng cao m\u1edbi xem x\u00e9t tham gia.<\/em><\/span><\/p>\n

T\u01b0 duy v\u00e0 tri\u1ebft l\u00fd \u0111\u1ea7u t\u01b0 n\u00eau tr\u00ean h\u00ecnh th\u00e0nh t\u1eeb nh\u1eefng nh\u1eadn th\u1ee9c sau:<\/span><\/p>\n

1. Nh\u1eadn th\u1ee9c v\u1ec1 th\u1ecb tr\u01b0\u1eddng <\/strong>(ch\u1ec9 \u0111\u1ec1 c\u1eadp \u0111\u1ebfn c\u1ed5 phi\u1ebfu<\/em> \u2013 l\u0129nh v\u1ef1c m\u00ecnh tham gia)<\/em>:<\/span><\/p>\n

Th\u1ecb tr\u01b0\u1eddng Ch\u1ee9ng kho\u00e1n l\u00e0 n\u01a1i th\u1ef1c hi\u1ec7n giao d\u1ecbch mua b\u00e1n C\u1ed5 phi\u1ebfu. Vi\u1ec7c mua b\u00e1n theo ph\u01b0\u01a1ng th\u1ee9c \u0111\u1ea5u gi\u00e1 c\u00f4ng khai minh b\u1ea1ch tr\u00ean s\u00e0n giao d\u1ecbch, ng\u01b0\u1eddi mua, ng\u01b0\u1eddi b\u00e1n \u0111\u1eb7t l\u1ec7nh mua b\u00e1n th\u00f4ng qua t\u00e0i kho\u1ea3n c\u1ee7a m\u00ecnh \u0111\u01b0\u1ee3c m\u1edf t\u1ea1i c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n (\u0111\u01a1n v\u1ecb trung gian qu\u1ea3n l\u00fd t\u00e0i kho\u1ea3n c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 h\u01b0\u1edfng ph\u00ed tr\u00ean ph\u1ea7n tr\u0103m gi\u00e1 tr\u1ecb m\u1ed7i l\u1ec7nh giao d\u1ecbch c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0, H\u1ecd cung c\u1ea5p c\u00e1c d\u1ecbch v\u1ee5 m\u00f4i gi\u1edbi, t\u01b0 v\u1ea5n v\u00e0 cho vay ti\u1ec1n th\u00f4ng qua t\u00e0i s\u1ea3n \u0111\u1ea3m b\u1ea3o l\u00e0 s\u1ed1 l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0,\u2026). C\u00e1c l\u1ec7nh mua b\u00e1n h\u1ee3p l\u1ec7 \u0111\u01b0\u1ee3c chuy\u1ec3n v\u1ec1 S\u1edf giao d\u1ecbch (HSX v\u00e0 HNX (g\u1ed3m s\u00e0n HNX v\u00e0 UPCom)) v\u00e0 hi\u1ec3n th\u1ecb tr\u00ean b\u1ea3ng gi\u00e1 giao d\u1ecbch. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u0103n c\u1ee9 v\u00e0o l\u01b0\u1ee3ng ti\u1ec1n c\u1ee7a m\u00ecnh, c\u00e1c k\u1ef9 n\u0103ng \u0111\u1ecbnh gi\u00e1, s\u1edf th\u00edch, nh\u1eadn \u0111\u1ecbnh c\u00e1 nh\u00e2n m\u00ecnh v\u00e0 th\u00f4ng tin gi\u00e1 mua b\u00e1n tr\u00ean b\u1ea3ng \u0111i\u1ec7n \u0111\u1ec3 quy\u1ebft \u0111\u1ecbnh vi\u1ec7c mua b\u00e1n nh\u1eb1m thu l\u1ee3i nhu\u1eadn t\u1ed1t nh\u1ea5t c\u00f3 th\u1ec3.<\/span><\/p>\n

– C\u00e1c th\u00e0nh ph\u1ea7n tham gia tr\u00ean th\u1ecb tr\u01b0\u1eddng<\/strong>:<\/span><\/p>\n

+ <\/strong>Trung t\u00e2m l\u01b0u k\u00fd ch\u1ee9ng kho\u00e1n<\/em>: \u00a0L\u00e0 \u0111\u01a1n v\u1ecb t\u1ed5 ch\u1ee9c, gi\u00e1m s\u00e1t \u00a0v\u00e0 qu\u1ea3n l\u00fd m\u1ecdi ho\u1ea1t \u0111\u1ed9ng \u0111\u0103ng k\u00fd, l\u01b0u k\u00fd, b\u00f9 tr\u1eeb v\u00e0 thanh to\u00e1n ch\u1ee9ng kho\u00e1n. Trong \u0111\u00f3, \u0111\u0103ng k\u00fd ch\u1ee9ng kho\u00e1n l\u00e0 vi\u1ec7c TTLKCK qu\u1ea3n l\u00fd v\u00e0 ghi nh\u1eadn c\u00e1c th\u00f4ng tin v\u1ec1 quy\u1ec1n s\u1edf h\u1eefu ch\u1ee9ng kho\u00e1n v\u00e0 c\u00e1c quy\u1ec1n kh\u00e1c c\u1ee7a ng\u01b0\u1eddi s\u1edf h\u1eefu ch\u1ee9ng kho\u00e1n. L\u01b0u k\u00fd ch\u1ee9ng kho\u00e1n l\u00e0 vi\u1ec7c nh\u1eadn k\u00fd g\u1eedi, b\u1ea3o qu\u1ea3n, chuy\u1ec3n giao ch\u1ee9ng kho\u00e1n cho kh\u00e1ch h\u00e0ng, gi\u00fap kh\u00e1ch h\u00e0ng th\u1ef1c hi\u1ec7n c\u00e1c quy\u1ec1n li\u00ean quan \u0111\u1ebfn s\u1edf h\u1eefu ch\u1ee9ng kho\u00e1n g\u1ed3m: quy\u1ec1n b\u1ecf phi\u1ebfu, quy\u1ec1n nh\u1eadn l\u00e3i, v\u1ed1n g\u1ed1c tr\u00e1i phi\u1ebfu v\u00e0 c\u1ed5 t\u1ee9c tr\u00e1i phi\u1ebfu b\u1eb1ng ti\u1ec1n, quy\u1ec1n nh\u1eadn c\u1ed5 t\u1ee9c b\u1eb1ng c\u1ed5 phi\u1ebfu,\u00a0c\u1ed5 phi\u1ebfu th\u01b0\u1edfng<\/a>, quy\u1ec1n mua c\u1ed5 phi\u1ebfu ph\u00e1t h\u00e0nh th\u00eam, quy\u1ec1n chuy\u1ec3n \u0111\u1ed5i tr\u00e1i phi\u1ebfu chuy\u1ec3n \u0111\u1ed5i, quy\u1ec1n thay \u0111\u1ed5i t\u00ean, t\u00e1ch g\u1ed9p c\u1ed5 phi\u1ebfu v\u00e0 c\u00e1c quy\u1ec1n kh\u00e1c theo quy \u0111\u1ecbnh c\u1ee7a ph\u00e1p lu\u1eadt. B\u00f9 tr\u1eeb v\u00e0 thanh to\u00e1n l\u00e0 b\u01b0\u1edbc th\u1ef1c hi\u1ec7n cu\u1ed1i c\u00f9ng \u0111\u1ec3 ho\u00e0n t\u1ea5t qu\u00e1 tr\u00ecnh giao d\u1ecbch ch\u1ee9ng kho\u00e1n. \u0110\u1ec3 th\u1ef1c hi\u1ec7n b\u00f9 tr\u1eeb v\u00e0 thanh to\u00e1n giao d\u1ecbch, to\u00e0n b\u1ed9 d\u1eef li\u1ec7u v\u1ec1 k\u1ebft qu\u1ea3 giao d\u1ecbch ch\u1ee9ng kho\u00e1n c\u1ee7a c\u00e1c SGDCK \u0111\u01b0\u1ee3c chuy\u1ec3n sang TTLKCK sau khi k\u1ebft th\u00fac phi\u00ean giao d\u1ecbch. Vi\u1ec7c b\u00f9 tr\u1eeb ti\u1ec1n thanh to\u00e1n ch\u1ee9ng kho\u00e1n \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n cho t\u1eebng th\u00e0nh vi\u00ean theo t\u1eebng th\u1ecb tr\u01b0\u1eddng. \u0110\u1ed1i v\u1edbi giao d\u1ecbch c\u1ed5 phi\u1ebfu, ch\u1ee9ng ch\u1ec9 qu\u1ef9, tr\u00e1i phi\u1ebfu c\u00f4ng ty ni\u00eam y\u1ebft v\u00e0 \u0111\u0103ng k\u00fd giao d\u1ecbch tr\u00ean c\u00e1c SGDCK, ti\u1ec1n thanh to\u00e1n giao d\u1ecbch c\u1ee7a th\u00e0nh vi\u00ean s\u1ebd \u0111\u01b0\u1ee3c chuy\u1ec3n giao tr\u00ean c\u01a1 s\u1edf TTLKCK b\u00f9 tr\u1eeb gi\u1eefa s\u1ed1 ti\u1ec1n \u0111\u01b0\u1ee3c nh\u1eadn v\u00e0 s\u1ed1 ti\u1ec1n ph\u1ea3i tr\u1ea3 cho c\u00e1c giao d\u1ecbch c\u00f3 c\u00f9ng th\u1eddi gian, ph\u01b0\u01a1ng th\u1ee9c thanh to\u00e1n t\u1ea1i c\u00e1c SGDCK;<\/span><\/p>\n

+ <\/strong>S\u1edf giao d\u1ecbch ch\u1ee9ng kho\u00e1n( HSX v\u00e0 HNX)<\/em>:<\/strong> S\u1edf giao d\u1ecbch ch\u1ee9ng kho\u00e1n l\u00e0 n\u01a1i \u0111\u1ec3 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f9ng nhau t\u1eadp trung l\u1ea1i v\u00e0 ti\u1ebfn h\u00e0nh giao d\u1ecbch c\u00e1c ch\u1ee9ng kho\u00e1n \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft t\u1ea1i s\u1edf v\u00e0 \u0111\u01b0\u1ee3c c\u00e1c th\u00e0nh vi\u00ean ti\u1ebfn h\u00e0nh giao d\u1ecbch theo nh\u1eefng quy \u0111\u1ecbnh nh\u1ea5t \u0111\u1ecbnh c\u1ee7a t\u1ed5 ch\u1ee9c n\u00e0y. Hay n\u00f3i c\u00e1ch kh\u00e1c \u0111\u00e2y l\u00e0 n\u01a1i m\u00e0 c\u00e1c nh\u00e0 m\u00f4i s\u1ebd g\u1eb7p g\u1ee1 t\u1ea1i \u0111\u00e2y \u0111\u1ec3 th\u01b0\u01a1ng l\u01b0\u1ee3ng \u0111\u1ea5u gi\u00e1 mua b\u00e1n ch\u1ee9ng kho\u00e1n. (C\u00f3 th\u1ec3 t\u01b0\u1edfng t\u01b0\u1ee3ng \u0110\u00e2y nh\u01b0 l\u00e0 m\u1ed9t Trung t\u00e2m th\u01b0\u01a1ng m\u1ea1i chuy\u00ean mua b\u00e1n c\u1ed5 phi\u1ebfu c\u1ee7a c\u00e1c c\u00f4ng ty tham gia th\u1ecb tr\u01b0\u1eddng, m\u1ed7i s\u00e0n c\u00f3 c\u00e1c quy \u0111\u1ecbnh v\u00e0 ti\u00eau ch\u00ed ri\u00eang kh\u00f4ng gi\u1ed1ng nhau);<\/span><\/p>\n

+ <\/strong>C\u00e1c c\u00f4ng ty Ch\u1ee9ng kho\u00e1n: <\/em>L\u00e0 \u0111\u01a1n v\u1ecb trung gian cung c\u1ea5p d\u1ecbch v\u1ee5 t\u01b0 v\u1ea5n mua b\u00e1n, thanh to\u00e1n cho cho c\u00e1c S\u1edf giao d\u1ecbch ( l\u00e0 \u0111\u1ea1i l\u00fd ph\u00e2n ph\u1ed1i), \u0111\u1ed3ng th\u1eddi h\u1ecd c\u0169ng \u0111\u01b0\u1ee3c ph\u00e9p t\u1ef1 doanh (mua b\u00e1n c\u1ed5 phi\u1ebfu nh\u01b0 nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00e1c) n\u00ean \u0111\u00e2y l\u00e0 \u0111\u1ed1i t\u01b0\u1ee3ng c\u1ea7n \u0111\u01b0\u1ee3c quan t\u00e2m xem x\u00e9t \u00a0nh\u01b0ng h\u1ea7u h\u1ebft c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n b\u1ecf qua n\u00ean th\u01b0\u1eddng b\u1ecb h\u1ecd l\u1ee3i d\u1ee5ng. H\u1ecd th\u1ef1c s\u1ef1 l\u00e0 c\u00e1c C\u00e1 m\u1eadp th\u1ef1c s\u1ef1 tr\u00ean th\u1ecb tr\u01b0\u1eddng v\u00ec: h\u1ecd qu\u1ea3n l\u00fd c\u00e1c t\u00e0i kho\u1ea3n c\u1ee7a kh\u00e1ch h\u00e0ng, n\u00ean h\u1ecd hi\u1ec3u r\u1ea5t r\u00f5 s\u1edf th\u00edch, n\u0103ng l\u1ef1c c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n m\u1edf T\u00e0i kho\u1ea3n t\u1ea1i C\u00f4ng ty h\u1ecd; h\u1ecd c\u00f3 l\u01b0\u1ee3ng ti\u1ec1n v\u1ed1n l\u1edbn, \u0111\u1ed9i ng\u0169 t\u01b0 v\u1ea5n \u0111\u00f4ng, Th\u00f4ng hi\u1ec3u lu\u1eadt ch\u01a1i,\u2026 n\u00ean h\u1ecd ch\u00ednh l\u00e0 nh\u1eefng l\u1ef1c l\u01b0\u1ee3ng \u0111\u1ee9ng sau t\u1ea1o l\u1eadp gi\u00e1 cho c\u00e1c c\u1ed5 phi\u1ebfu.<\/strong><\/em><\/span><\/p>\n

+ <\/strong>C\u00e1c Nh\u00e0 \u0111\u1ea7u t\u01b0: T\u1ed5 ch\u1ee9c, c\u00e1 nh\u00e2n, c\u00e1c qu\u1ef9 \u00a0<\/em>b\u1eaft bu\u1ed9c ph\u1ea3i m\u1edf t\u00e0i kho\u1ea3n giao d\u1ecbch th\u00f4ng qua c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n (c\u00e1c \u0111\u1ea1i l\u00fd) vi\u1ec7c giao d\u1ecbch \u0111\u1ec1u \u0111\u01b0\u1ee3c c\u00e1c \u0111\u1ea1i l\u00fd ki\u1ec3m so\u00e1t tr\u01b0\u1edbc khi chuy\u1ec3n v\u1ec1 s\u1edf giao d\u1ecbch, c\u00e1c \u0111\u1ea1i l\u00fd n\u1eafm r\u00f5 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111ang n\u1eafm nh\u1eefng c\u1ed5 phi\u1ebfu n\u00e0o, s\u1ed1 l\u01b0\u1ee3ng bao nhi\u00eau\u2026C\u1ed5 phi\u1ebfu n\u00e0o \u0111ang \u0111\u01b0\u1ee3c \u01b0a chu\u1ed9ng h\u1ecd s\u1ebd ti\u1ebfn h\u00e0nh \u0111\u1ea7u c\u01a1 thu gom v\u00e0 t\u1ea1o s\u00f3ng,\u2026<\/span><\/p>\n

2. Nh\u1eadn th\u1ee9c v\u1ec1 C\u1ed5 phi\u1ebfu<\/em><\/strong>: C\u1ed5 phi\u1ebfu l\u00e0 m\u1ed9t ph\u1ea7n c\u1ee7a doanh nghi\u1ec7p \u0111\u00f3 \u0111\u01b0\u1ee3c chia ra theo qui \u01b0\u1edbc) n\u00ean c\u1ea7n hi\u1ec3u r\u1eb1ng khi ta mua b\u00e1n c\u1ed5 phi\u1ebfu c\u1ee7a m\u1ed9t doanh nghi\u1ec7p t\u1ee9c l\u00e0 ta \u0111ang mua b\u00e1n m\u1ed9t ph\u1ea7n c\u1ee7a doanh nghi\u1ec7p \u0111\u00f3. Doanh nghi\u1ec7p l\u00e0 m\u1ed9t th\u1ef1c th\u1ec3 lu\u00f4n thay \u0111\u1ed5i, bi\u1ebfn \u0111\u1ed9ng theo th\u1eddi gian, ng\u00e0y m\u1ed9t l\u1edbn l\u00ean hay nh\u1ecf l\u1ea1i, n\u00ean gi\u00e1 tr\u1ecb c\u1ee7a m\u1ed7i c\u1ed5 phi\u1ebfu c\u0169ng t\u0103ng l\u00ean hay gi\u1ea3m xu\u1ed1ng bi\u1ebfn \u0111\u1ed5i theo th\u1eddi gian c\u00f9ng chi\u1ec1u v\u1edbi s\u1ef1 thay \u0111\u1ed5i c\u1ee7a doanh nghi\u1ec7p. V\u00ec v\u1eady, v\u1ec1 nguy\u00ean t\u1eafc ta ph\u1ea3i t\u00ecm ki\u1ebfm mua c\u1ed5 phi\u1ebfu c\u1ee7a nh\u1eefng doanh nghi\u1ec7p c\u00f3 xu h\u01b0\u1edbng t\u0103ng l\u00ean theo th\u1eddi gian th\u00ec m\u1edbi thu \u0111\u01b0\u1ee3c th\u00e0nh qu\u1ea3 trong t\u01b0\u01a1ng lai. Tuy nhi\u00ean khi c\u1ed5 phi\u1ebfu \u0111\u01b0\u1ee3c giao d\u1ecbch tr\u00ean th\u1ecb tr\u01b0\u1eddng m\u1edf n\u00f3 l\u1ea1i ch\u1ecbu t\u00e1c \u0111\u1ed9ng r\u1ea5t l\u1edbn theo nh\u1eadn th\u1ee9c, \u0111\u00e1nh gi\u00e1 c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tham gia giao d\u1ecbch c\u1ed5 phi\u1ebfu \u0111\u00f3. M\u1ed7i ng\u01b0\u1eddi (nh\u00e0 \u0111\u1ea7u t\u01b0) c\u00f3 nh\u1eadn th\u1ee9c \u0111\u00e1nh gi\u00e1, t\u00ednh to\u00e1n c\u1ee7a ri\u00eang m\u00ecnh n\u00ean h\u1ecd x\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb c\u1ee7a c\u1ed5 phi\u1ebfu \u0111\u00f3 ho\u00e0n to\u00e0n kh\u00e1c nhau t\u00f9y thu\u1ed9c s\u1edf th\u00edch, c\u1ea3m nh\u1eadn c\u1ee7a m\u1ed7i ng\u01b0\u1eddi. Vi\u1ec7c thay \u0111\u1ed5i gi\u00e1 c\u1ee7a c\u00e1c c\u1ed5 phi\u1ebfu tr\u00ean th\u1ecb tr\u01b0\u1eddng ph\u1ee5 thu\u1ed9c v\u00e0o quy lu\u1eadt cung c\u1ea7u (gi\u1ed1ng nh\u01b0 1 lo\u1ea1i h\u00e0ng h\u00f3a) ph\u1ee5 thu\u1ed9c v\u00e0o s\u1ed1 l\u01b0\u1ee3ng nh\u00e0 \u0111\u1ea7u t\u01b0 y\u00eau th\u00edch c\u1ed5 phi\u1ebfu \u0111\u00f3 v\u00e0 s\u1eb5n s\u00e0ng tr\u1ea3 gi\u00e1 cao \u0111\u1ec3 s\u1edf h\u1eefu, \u0111i\u1ec1u n\u00e0y d\u1eabn \u0111\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu \u0111\u01b0\u1ee3c s\u1ed1 \u0111\u00f4ng \u01b0a chu\u1ed9ng s\u1ebd b\u1ecb \u0111\u1ecbnh gi\u00e1 qu\u00e1 cao theo hi\u1ec7u \u1ee9ng \u0111\u00e1m \u0111\u00f4ng, ng\u01b0\u1ee3c l\u1ea1i nhi\u1ec1u c\u1ed5 phi\u1ebfu kh\u00f4ng \u0111\u01b0\u1ee3c \u01b0a chu\u1ed9ng l\u1ea1i b\u1ecb b\u1ecf qu\u00ean n\u00ean gi\u00e1 c\u1ee9 th\u1ec3 gi\u1ea3m xu\u1ed1ng c\u00f3 l\u00fac \u0111\u1ebfn nh\u01b0 kh\u00f4ng t\u01b0\u1edfng. Nh\u01b0ng c\u1ea7n nh\u1edb r\u1eb1ng C\u1ed5 phi\u1ebfu kh\u00e1c h\u00e0ng h\u00f3a l\u00e0 gi\u00e1 tr\u1ecb c\u1ee7a C\u1ed5 phi\u1ebfu lu\u00f4n thay \u0111\u1ed5i theo th\u1eddi gian c\u00f9ng v\u1edbi s\u1ef1 thay \u0111\u1ed5i c\u1ee7a Doanh nghi\u1ec7p s\u1edf h\u1eefu n\u00f3. Doanh nghi\u1ec7p l\u00e0m \u0103n thu\u1eadn l\u1ee3i, gi\u00e1 tr\u1ecb c\u1ed5 phi\u1ebfu t\u0103ng\u00a0 v\u00e0 ng\u01b0\u1ee3c l\u1ea1i<\/span><\/p>\n

+ Nh\u1eadn th\u1ee9c v\u1ec1 gi\u00e1 tr\u1ecb c\u1ee7a c\u1ed5 phi\u1ebfu<\/em>: M\u1ed7i c\u1ed5 phi\u1ebfu l\u00e0 \u0111\u1ea1i di\u1ec7n cho 1 ph\u1ea7n c\u1ee7a 1 c\u00f4ng ty c\u1ee5 th\u1ec3, gi\u00e1 tr\u1ecb c\u1ee7a c\u1ed5 phi\u1ebfu g\u1eafn li\u1ec1n v\u1edbi t\u00ecnh h\u00ecnh ho\u1ea1t \u0111\u1ed9ng c\u1ee7a c\u00f4ng ty, n\u00f3 ph\u1ee5 thu\u1ed9c v\u00e0o k\u1ebft qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a c\u00f4ng ty \u0111\u00f3 (c\u1ea7n ph\u00e2n t\u00edch k\u1ef9, hi\u1ec3u r\u00f5 = PTCB): S\u1ea3n xu\u1ea5t h\u00e0ng h\u00f3a hay cung c\u1ea5p d\u1ecbch v\u1ee5 g\u00ec? s\u1ea3n ph\u1ea9m c\u1ee5 th\u1ec3 c\u1ee7a n\u00f3 l\u00e0 g\u00ec, ph\u1ee5c v\u1ee5 c\u00e1c \u0111\u1ed1i t\u01b0\u1ee3ng kh\u00e1ch h\u00e0ng n\u00e0o? Chu tr\u00ecnh s\u1ea3n xu\u1ea5t kinh doanh ng\u1eafn hay d\u00e0i? C\u00f3 ch\u1ee7 \u0111\u1ed9ng \u0111\u01b0\u1ee3c nguy\u00ean li\u1ec7u \u0111\u1ea7u v\u00e0o, quy\u1ebft \u0111\u1ecbnh gi\u00e1 s\u1ea3n ph\u1ea9m \u0111\u1ea7u ra kh\u00f4ng? \u0110\u1ed9i ng\u0169 l\u00e3nh \u0111\u1ea1o nh\u01b0 th\u1ebf n\u00e0o? C\u00e1c \u0111\u1ed1i th\u1ee7 c\u1ea1nh tranh tr\u00ean th\u1ecb tr\u01b0\u1eddng l\u00e0 ai? L\u1ee3i th\u1ebf c\u1ea1nh tranh c\u1ee7a c\u00f4ng ty l\u00e0 g\u00ec? (v\u1ec1 gi\u00e1 s\u1ea3n ph\u1ea9m, quy m\u00f4 c\u00f4ng ngh\u1ec7, v\u1ecb tr\u00ed \u0111\u1ecba l\u00fd, \u0111\u1ed9c quy\u1ec1n s\u00e1ng ch\u1ebf, nh\u00e2n s\u1ef1,\u2026). V\u00ec v\u1eady, gi\u00e1 tr\u1ecb c\u1ed5 phi\u1ebfu lu\u00f4n bi\u1ebfn \u0111\u1ed5i theo th\u1eddi gian c\u00f9ng v\u1edbi k\u1ebft qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a c\u00f4ng ty, n\u00f3 ho\u00e0n to\u00e0n kh\u00f4ng ph\u1ee5 thu\u1ed9c v\u00e0o s\u1ef1 \u0111\u1ecbnh gi\u00e1 ch\u1ee7 quan c\u1ee7a t\u1eebng nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u01b0 ph\u1ea3n \u00e1nh v\u1ec1 gi\u00e1 c\u1ee7a ch\u00fang th\u1ec3 hi\u1ec7n tr\u00ean th\u1ecb tr\u01b0\u1eddng,..<\/span><\/p>\n

+ Nh\u1eadn th\u1ee9c v\u1ec1 gi\u00e1 c\u1ed5 phi\u1ebfu<\/em>: Gi\u00e1 c\u1ee7a 1 c\u1ed5 phi\u1ebfu khi ni\u00eam y\u1ebft l\u1ea7n \u0111\u1ea7u tr\u00ean th\u1ecb tr\u01b0\u1eddng l\u00fac IPO ho\u00e0n to\u00e0n ph\u1ee5 thu\u1ed9c v\u00e0o \u0111\u1ecbnh gi\u00e1 c\u1ee7a ch\u1ee7 doanh nghi\u1ec7p t\u00ednh to\u00e1n x\u00e1c \u0111\u1ecbnh m\u1ee9c gi\u00e1 tham chi\u1ebfu ph\u1ee5 thu\u1ed9c v\u00e0o vi\u1ec7c \u0111\u1ecbnh gi\u00e1 v\u1ec1 gi\u00e1 tr\u1ecb c\u1ee7a c\u00f4ng ty t\u1ea1i th\u1eddi \u0111i\u1ec3m \u0111\u00f3 chia cho s\u1ed1 l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu ni\u00eam y\u1ebft. Khi \u0111\u00e3 \u0111\u01b0a l\u00ean s\u00e0n giao d\u1ecbch, gi\u00e1 c\u1ed5 phi\u1ebfu ho\u00e0n to\u00e0n b\u1ecb chi ph\u1ed1i b\u1edfi s\u1ef1 nh\u00ecn nh\u1eadn, \u0111\u00e1nh gi\u00e1 c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 quan t\u00e2m v\u1ec1 n\u00f3 (chi ph\u1ed1i theo c\u1ea3m t\u00ednh, t\u1eebng ng\u01b0\u1eddi, \u0111\u00e1m \u0111\u00f4ng, quy lu\u1eadt cung \u2013 c\u1ea7u). V\u00ec v\u1eady gi\u00e1 bi\u1ebfn \u0111\u1ed9ng kh\u00f4ng ng\u1eebng theo t\u00e2m l\u00fd c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 l\u1edbn, h\u1ecd c\u00f3 t\u00ednh to\u00e1n ri\u00eang, mua gom \u0111\u1ea7u c\u01a1 \u0111\u1ea9y gi\u00e1, d\u00ecm gi\u00e1 \u0111\u1ee7 th\u1ec3 lo\u1ea1i l\u00e0m cho gi\u00e1 c\u1ed5 phi\u1ebfu kh\u00f4ng c\u00f2n ph\u1ea3n \u00e1nh \u0111\u00fang gi\u00e1 tr\u1ecb c\u1ee7a c\u00f4ng ty n\u1eefa. Do \u0111\u00f3 trong ng\u1eafn h\u1ea1n gi\u00e1 c\u1ed5 phi\u1ebfu c\u00f3 s\u1ef1 sai kh\u00e1c v\u01b0\u1ee3t xa gi\u00e1 tr\u1ecb th\u1ef1c c\u1ee7a c\u1ed5 phi\u1ebfu \u0111\u00e2y l\u00e0 l\u00fac c\u1ea7n xem x\u00e9t mua v\u00e0o hay b\u00e1n ra \u0111\u1ec3 thu l\u1ee3i nhu\u1eadn.<\/span><\/p>\n

3. Nh\u1eadn th\u1ee9c v\u1ec1 th\u00e0nh ph\u1ea7n tham gia Th\u1ecb tr\u01b0\u1eddng:<\/em><\/strong><\/span><\/p>\n

– <\/strong>Nh\u1eefng nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/em>: c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n, c\u00e1c qu\u1ef9 \u0111\u1ea7u t\u01b0 chuy\u00ean nghi\u1ec7p, c\u00e1c \u00f4ng ch\u1ee7 c\u1ee7a c\u00e1c doanh nghi\u1ec7p ni\u00eam y\u1ebft: H\u1ecd th\u1ef1c s\u1ef1 l\u00e0 c\u00e1 m\u1eadp – k\u1ebb s\u0103n m\u1ed3i chuy\u00ean nghi\u1ec7p to l\u1edbn. M\u1ed7i th\u00e0nh ph\u1ea7n th\u01b0\u1eddng giao d\u1ecbch trong nh\u1eefng PP v\u00e0 v\u00f9ng ri\u00eang:<\/span><\/p>\n

– C\u00e1c c\u00f4ng ty Ch\u1ee9ng kho\u00e1n: <\/em>C\u00f3 \u0111\u1ed9i ng\u0169 nh\u00e2n s\u1ef1 \u0111\u00f4ng, nhi\u1ec1u kinh nghi\u1ec7m, c\u00f3 l\u01b0\u1ee3ng v\u1ed1n t\u01b0\u01a1ng \u0111\u1ed1i l\u1edbn. \u0110\u1eb7c bi\u1ec7t h\u1ecd l\u00e0 nh\u1eefng ng\u01b0\u1eddi \u0111ang ki\u1ec3m so\u00e1t t\u00e0i kho\u1ea3n c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00e1c, (\u0111\u00e1m \u0111\u00f4ng) \u0111ang tham gia giao d\u1ecbch tr\u00ean th\u1ecb tr\u01b0\u1eddng n\u00ean h\u1ecd hi\u1ec3u r\u1ea5t r\u00f5 th\u1ecb hi\u1ebfu c\u1ee7a \u0111\u00e1m \u0111\u00f4ng, h\u1ecd s\u1eb5n s\u00e0ng t\u1ea1o s\u00f3ng \u0111\u1ec3 k\u00e9o c\u00e1c con m\u1ed3i ra kh\u1ecfi v\u00f9ng \u1ea9n n\u1ea5p \u0111\u1ec3 s\u0103n m\u1ed3i,\u2026 Theo m\u00ecnh \u0111\u00e2y l\u00e0 \u0111\u1ed1i t\u01b0\u1ee3ng nguy hi\u1ec3m nh\u1ea5t c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n nh\u1ecf l\u1ebb b\u1edfi h\u1ecd g\u1ea7n nh\u01b0 l\u00e0 ng\u01b0\u1eddi v\u1eeba \u0111\u00e1 b\u00f3ng v\u1eeba th\u1ed5i c\u00f2i tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n<\/em><\/strong>. Nh\u01b0ng may thay hi\u1ec7n c\u00f3 nhi\u1ec1u c\u00f4ng ty ch\u1ee9ng kho\u00e1n c\u00f9ng tham gia, gi\u1eefa h\u1ecd lu\u00f4n c\u00f3 s\u1ef1 c\u1ea1nh tranh n\u00ean m\u1ee9c \u0111\u1ed9 \u1ea3nh h\u01b0\u1edfng \u0111\u01b0\u1ee3c h\u1ea1n ch\u1ebf ph\u1ea7n n\u00e0o (theo m\u00ecnh \u0111\u1ec3 lo\u1ea1i tr\u1eeb \u0111i\u1ec1u n\u00e0y th\u00ec n\u00ean c\u1ea5m c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n t\u1ef1 doanh l\u00e0 t\u1ed1t nh\u1ea5t);<\/span><\/p>\n

– C\u00e1c Qu\u1ef9 \u0111\u1ea7u t\u01b0:<\/em> L\u00e0 th\u00e0nh ph\u1ea7n c\u00f3 v\u1ed1n l\u1edbn, nh\u00e2n vi\u00ean chuy\u00ean nghi\u1ec7p H\u1ecd ch\u1ec9 th\u1ef1c hi\u1ec7n \u0111\u1ea7u t\u01b0 theo quy \u0111\u1ecbnh c\u1ee5 th\u1ec3 c\u1ee7a t\u1eebng qu\u1ef9 nh\u01b0: C\u1ed5 phi\u1ebfu c\u00f3 v\u1ed1n h\u00f3a l\u1edbn? T\u00ednh thanh kho\u1ea3n? L\u0129nh v\u1ef1c ng\u00e0nh ngh\u1ec1? Tr\u01b0\u1edbc khi mua b\u00e1n th\u01b0\u1eddng c\u00f3 th\u00f4ng tin c\u01a1 c\u1ea5u danh m\u1ee5c tr\u01b0\u1edbc t\u01b0\u01a1ng \u0111\u1ed1i r\u00f5 r\u00e0ng minh b\u1ea1ch n\u00ean \u00edt \u1ea3nh h\u01b0\u1edfng \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n nh\u1ecf l\u1ebb.<\/span><\/p>\n

– Nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n c\u00f3 v\u1ed1n l\u1edbn, chuy\u00ean nghi\u1ec7p nhi\u1ec1u kinh nghi\u1ec7m<\/em>: Nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00e0y th\u00f4ng th\u01b0\u1eddng h\u1ecd lu\u00f4n b\u1ecf l\u01b0\u1ee3ng ti\u1ec1n l\u1edbn n\u1eafm gi\u1eef l\u00e0m c\u1ed5 \u0111\u00f4ng l\u1edbn cho m\u1ed9t v\u00e0i doanh nghi\u1ec7p t\u1ed1t h\u1ecd hi\u1ec3u r\u00f5. H\u1ecd \u0111\u1ea7u t\u01b0 th\u1ef1c s\u1ef1 n\u1eafm gi\u1eef c\u1ed5 phi\u1ebfu \u0111i c\u00f9ng v\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a doanh nghi\u1ec7p;<\/span><\/p>\n

– Nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb, v\u1ed1n \u00edt, kinh nghi\u1ec7m \u00edt<\/em>: \u0110\u00e2y l\u00e0 \u0111\u00e1m \u0111\u00f4ng nh\u1ecf y\u1ebfu – nh\u1eefng con m\u1ed3i \u0111ang b\u1ecb s\u0103n \u0111u\u1ed5i nh\u01b0ng kh\u00f4ng bi\u1ebft v\u1eabn ngh\u0129 m\u00ecnh l\u00e0 k\u1ebb \u0111i s\u0103n, su\u1ed1t ng\u00e0y mua b\u00e1n, nh\u1ea3y t\u1eeb c\u1ed5 phi\u1ebfu n\u00e0y sang c\u1ed5 phi\u1ebfu kh\u00e1c kh\u00e1c theo s\u1ef1 k\u00edch \u0111\u1ed9ng c\u1ee7a \u0111\u00e1m \u0111\u00f4ng, c\u1ea3m x\u00fac l\u00ean xu\u1ed1ng theo th\u1ecb tr\u01b0\u1eddng, l\u00e3i m\u1ed9t ch\u00fat \u0111\u00e3 vui m\u1eebng khoe khoang, l\u1ed7 th\u00ec g\u00e0o kh\u00f3c ch\u1eedi b\u1edbi \u0111\u1ed5 l\u1ed7i cho k\u1ebb kh\u00e1c m\u00e0 kh\u00f4ng bi\u1ebft r\u1eb1ng m\u1ecdi th\u1ee9 l\u00e0 do m\u00ecnh.<\/span><\/p>\n

4. Nh\u1eadn th\u1ee9c v\u1ec1 b\u1ea3n th\u00e2n m\u00ecnh:<\/em><\/strong><\/span><\/p>\n

– B\u1ea3n th\u00e2n l\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u1ed9c l\u1eadp v\u1ed1n \u00edt, c\u00f3 nhi\u1ec1u y\u1ebfu th\u1ebf trong vi\u1ec7c ti\u1ebfp c\u1eadn th\u00f4ng tin v\u1ec1 c\u00e1c doanh nghi\u1ec7p, L\u01b0\u1ee3ng ki\u1ebfn th\u1ee9c chuy\u00ean m\u00f4n, kinh nghi\u1ec7m ch\u01b0a nhi\u1ec1u n\u00ean ch\u1ec9 ph\u00f9 h\u1ee3p \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c doanh nghi\u1ec7p: V\u1ed1n h\u00f3a nh\u1ecf; C\u00f3 l\u1ee3i th\u1ebf c\u1ea1nh tranh kh\u00e1c bi\u1ec7t gi\u00fap c\u00f4ng ty t\u1ed3n t\u1ea1i l\u00e2u d\u00e0i; C\u00f3 s\u1ea3n ph\u1ea9m d\u1ecbch v\u1ee5 \u0111\u01a1n gi\u1ea3n d\u1ec5 hi\u1ec3u; c\u00f3 k\u1ebft qu\u1ea3 kinh doanh cao, t\u0103ng tr\u01b0\u1edfng \u1ed5n \u0111\u1ecbnh \u1edf m\u1ee9c v\u1eeba ph\u1ea3i qua c\u00e1c n\u0103m; B\u1ed9 m\u00e1y l\u00e3nh \u0111\u1ea1o doanh nghi\u1ec7p \u1ed5n \u0111\u1ecbnh l\u00e2u n\u0103m v\u00e0 h\u1ecd l\u1edbn l\u00ean c\u00f9ng doanh nghi\u1ec7p; Tr\u1ea3 c\u1ed5 t\u1ee9c b\u1eb1ng ti\u1ec1n h\u00e0ng n\u0103m cao \u0111\u1ee7 nu\u00f4i s\u1ed1ng h\u00e0ng ng\u00e0y;\u2026 Mua v\u00e0 n\u1eafm gi\u1eef d\u00e0i h\u1ea1n cho \u0111\u1ebfn khi nh\u1eadn th\u1ea5y kh\u00f4ng c\u00f2n ph\u00f9 h\u1ee3p;<\/span><\/p>\n

– M\u00ecnh ch\u1ec9 nh\u01b0 nh\u1eefng ch\u00fa c\u00e1 s\u0103n m\u1ed3i nh\u1ecf: H\u00e3y ki\u1ebfm m\u1ed3i \u1edf nh\u1eefng v\u00f9ng n\u01b0\u1edbc n\u00f4ng, c\u00e1 l\u1edbn kh\u00f4ng d\u00e1m v\u00e0o v\u00ec s\u1ee3 m\u1eafc c\u1ea1n; khi c\u00f3 s\u00f3ng to, c\u00e1 l\u1edbn \u0111ang s\u0103n m\u1ed3i l\u1edbn l\u00f4i k\u00e9o nhi\u1ec1u con m\u1ed3i kh\u00e1c ra kh\u1ecfi v\u00f9ng \u1ea9n n\u1ea5p, c\u00f3 th\u1ec3 tham gia ki\u1ebfm th\u00eam nh\u1eefng ph\u1ea7n c\u00e1 l\u1edbn s\u00f3t l\u1ea1i, nh\u01b0ng kh\u00f4ng \u0111\u01b0\u1ee3c v\u01b0\u1ee3t qua v\u00f9ng an to\u00e0n x\u00e1c \u0111\u1ecbnh tr\u01b0\u1edbc. Ra sau v\u00e0 v\u00e0o tr\u01b0\u1edbc \u0111\u1ea3m b\u1ea3o an to\u00e0n v\u1ed1n l\u00e0 nguy\u00ean t\u1eafc s\u1ed1 1.<\/span><\/p>\n

– M\u00ecnh ch\u1ec9 l\u00e0 ng\u01b0\u1eddi \u0111i xe m\u00e1y trong d\u00f2ng ch\u1ea3y giao th\u00f4ng h\u1eb1ng ng\u00e0y, mu\u1ed1n chi\u1ebfn th\u1eafng ph\u1ea3i bi\u1ebft t\u00ecm l\u1ed1i t\u1eaft, \u0111\u01b0\u1eddng nh\u1ecf h\u1eb9p ph\u00f9 h\u1ee3p v\u1edbi xe m\u00e1y m\u00e0 \u0111i, kh\u00f4ng n\u00ean tranh \u0111ua c\u00f9ng \u00f4 t\u00f4 tr\u00ean \u0111\u01b0\u1eddng l\u1edbn, \u0111\u01b0\u1eddng cao t\u1ed1c r\u1ea5t d\u1ec5 tai n\u1ea1n v\u00e0 x\u00e1c su\u1ea5t th\u00e0nh c\u00f4ng l\u00e0 r\u1ea5t nh\u1ecf v\u00e0 g\u1ea7n nh\u01b0 kh\u00f4ng th\u1ec3;<\/span><\/p>\n

– D\u00f9 m\u00ecnh c\u00f3 mang d\u00f2ng gi\u1ed1ng g\u00ec \u0111i ch\u0103ng n\u1eefa: C\u00e1 m\u1eadp, C\u00e1o, S\u00f3i, S\u01b0 t\u1eed hay \u0110\u1ea1i b\u00e0ng,… khi c\u00f2n nh\u1ecf th\u00ec c\u0169ng ch\u1ec9 l\u00e0 con m\u1ed3i cho c\u00e1c lo\u1ea1i s\u0103n m\u1ed3i kh\u00e1c m\u00e0 th\u00f4i, n\u00ean c\u1ea7n c\u1ed1 g\u1eafng h\u1ecdc h\u1ecfi, t\u00ecm c\u00e1ch \u0111\u1ec3 sinh t\u1ed3n \u1edf hi\u1ec7n t\u1ea1i, m\u00e0i d\u0169a k\u1ef9 n\u0103ng s\u0103n m\u1ed3i c\u1ee7a m\u00ecnh \u0111\u1ec3 l\u1edbn d\u1ea7n c\u00f9ng th\u1eddi gian, khi\u00a0 th\u1ef1c s\u1ef1 <\/span>\u0111\u1ee7 l\u1edbn<\/span> m\u1edbi c\u00f3 th\u1ec3 m\u1edf r\u1ed9ng v\u00f9ng l\u00e3nh th\u1ed5 c\u1ee7a m\u00ecnh \u0111\u01b0\u1ee3c. T\u1ea5t c\u1ea3 c\u1ea7n ph\u1ea3i c\u00f3 th\u1eddi gian, ki\u00ean tr\u00ec r\u1ed3i \u0111i\u1ec1u g\u00ec c\u0169ng \u0111\u1ea1t \u0111\u01b0\u1ee3c.<\/span><\/p>\n

5. Nh\u1eadn th\u1ee9c v\u1ec1 k\u1ebft n\u1ed1i c\u1ed9ng \u0111\u1ed3ng \u0111\u1ea7u t\u01b0:<\/strong><\/em><\/span><\/p>\n

Hi\u1ec7n t\u1ea1i, C\u00f4ng ty TVT t\u1ef1 nh\u1eadn th\u1ea5y m\u00ecnh ch\u1ec9 t\u01b0\u01a1ng \u0111\u01b0\u01a1ng nh\u01b0 m\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb \u0111\u1ed9c l\u1eadp tr\u00ean th\u1ecb tr\u01b0\u1eddng, t\u1ef1 bi\u1ebft m\u00ecnh l\u00e0 th\u00e0nh ph\u1ea7n nh\u1ecf v\u1ed1n \u0111\u1ea7u t\u01b0 \u00edt, m\u1eb7c d\u00f9 \u0111\u00e3 tr\u1ea3i nghi\u1ec7m qua th\u1eddi gian d\u00e0i, tr\u1ea3i nghi\u1ec7m qua c\u00e1c th\u1eddi k\u1ef3 th\u0103ng tr\u1ea7m c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t nam, g\u1eb7p kh\u00f4ng \u00edt th\u1ea5t b\u1ea1i v\u00e0 c\u0169ng c\u00f3 \u0111\u01b0\u1ee3c m\u1ed9t s\u1ed1 th\u00e0nh c\u00f4ng nh\u1ea5t \u0111\u1ecbnh. V\u1edbi mong mu\u1ed1n \u0111\u01b0\u1ee3c chia s\u1ebb nh\u1eefng kinh nghi\u1ec7m, \u00fd t\u01b0\u1edfng \u0111\u1ea7u t\u01b0, g\u00f3c nh\u00ecn cu\u1ed9c s\u1ed1ng c\u1ee7a b\u1ea3n th\u00e2n \u0111\u00e3 tr\u1ea3i qua \u0111\u1ebfn nhi\u1ec1u ng\u01b0\u1eddi v\u1edbi mong mu\u1ed1n t\u00ecm \u0111\u01b0\u1ee3c c\u00e1c b\u1ea1n \u0111\u1ecdc ham h\u1ecdc h\u1ecfi mu\u1ed1n hi\u1ec3u bi\u1ebft, c\u00f3 chung quan \u0111i\u1ec3m v\u00e0 t\u01b0 duy \u0111\u1ea7u t\u01b0 c\u00f9ng nhau li\u00ean k\u1ebft l\u1ea1i th\u00e0nh c\u1ed9ng \u0111\u1ed3ng c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eb1m ch\u1ed1ng l\u1ea1i c\u00e1c c\u1ea1m b\u1eaby tr\u00ean th\u1ecb tr\u01b0\u1eddng \u0111\u1ea7y kh\u1eafc nghi\u1ec7t do c\u00e1c C\u00e1\u00a0 m\u1eadp, k\u1ebb s\u0103n m\u1ed3i \u0111ang gi\u0103ng ra. <\/span><\/p>\n

\u00a0Xu\u1ea5t ph\u00e1t t\u1eeb nh\u1eefng suy ngh\u0129 \u0111\u01a1n gi\u1ea3n, ch\u00fang ta l\u00e0 nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf, y\u1ebfu mu\u1ed1n m\u1ea1nh l\u00ean c\u1ea7n ph\u1ea3i c\u00f3 c\u1ed9ng \u0111\u1ed3ng, nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 c\u00f9ng quan \u0111i\u1ec3m, t\u01b0 duy v\u1ec1 \u0111\u1ea7u t\u01b0 c\u1ed5 phi\u1ebfu t\u01b0\u01a1ng t\u1ef1 nhau nh\u01b0ng c\u00f3 k\u1ef9 n\u0103ng chuy\u00ean m\u00f4n kh\u00e1c nhau, li\u00ean k\u1ebft l\u1ea1i v\u00e0 t\u1ea1o th\u00e0nh v\u00f2ng tr\u00f2n xung quanh nh\u1eefng c\u1ed5 phi\u1ebfu m\u00e0 nh\u00f3m \u0111ang quan t\u00e2m \u0111\u1ec3 c\u00f9ng nhau xem x\u00e9t, t\u01b0\u01a1ng t\u1ef1 nh\u01b0 vi\u1ec7c m\u1ed7i ng\u01b0\u1eddi \u0111\u1ee9ng \u1edf nh\u1eefng v\u1ecb tr\u00ed kh\u00e1c nhau t\u1ea1o v\u00f2ng tr\u00f2n k\u00edn, c\u00f9ng nh\u00ecn v\u00e0o m\u1ed9t v\u1eadt trung t\u00e2m m\u1ed7i ng\u01b0\u1eddi \u1edf v\u1ecb tr\u00ed c\u1ee7a m\u00ecnh s\u1ebd c\u00f3 g\u00f3c nh\u00ecn kh\u00e1c nhau v\u1ec1 v\u1eadt \u0111\u00f3, t\u1eadp h\u1ee3p l\u1ea1i s\u1ebd c\u00f3 c\u00e1i nh\u00ecn to\u00e0n di\u1ec7n bao qu\u00e1t v\u1ec1 v\u1eadt \u0111\u00f3.<\/span><\/p>\n

\u00a0C\u00f4ng ty TVT th\u01b0\u1eddng v\u00ed m\u1ed7i th\u01b0\u01a1ng v\u1ee5 \u0111\u1ea7u t\u01b0 nh\u01b0 vi\u1ec7c tham gia m\u1ed9t chuy\u1ebfn du l\u1ecbch d\u00e0i ng\u00e0y, trong \u0111\u00f3 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 ch\u00fang ta l\u00e0 nh\u1eefng h\u00e0nh kh\u00e1ch c\u00f3 chung s\u1edf th\u00edch nh\u01b0 du l\u1ecbch kh\u00e1m ph\u00e1, m\u1ea1o hi\u1ec3m, tr\u1ea3i nghi\u1ec7m (ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ea7u t\u01b0), c\u00f3 c\u00f9ng \u0111i\u1ec3m \u0111\u1ebfn \u0111\u00e3 x\u00e1c \u0111\u1ecbnh (m\u1ee5c ti\u00eau, k\u1ebft qu\u1ea3), nh\u01b0ng vi\u1ec7c l\u1ef1a ch\u1ecdn C\u00f4ng ty n\u00e0o cung c\u1ea5p d\u1ecbch v\u1ee5 cho chuy\u1ebfn \u0111i (C\u1ed5 phi\u1ebfu)? Ph\u01b0\u01a1ng ti\u1ec7n di chuy\u1ec3n (B\u1ed9 khung c\u1ee7a doanh nghi\u1ec7p) l\u00e0 g\u00ec ? Ng\u01b0\u1eddi c\u1ea7m l\u00e1i, h\u01b0\u1edbng d\u1eabn vi\u00ean (Ban l\u00e3nh \u0111\u1ea1o) l\u00e0 ai?,\u2026Vi\u1ec7c l\u1ef1a ch\u1ecdn n\u00e0y ho\u00e0n to\u00e0n ph\u1ee5 thu\u1ed9c v\u00e0o nh\u1eefng h\u00e0nh kh\u00e1ch ch\u00fang ta (nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0) c\u00f3 ti\u1ec1n, c\u00f3 quy\u1ec1n \u0111\u01b0\u1ee3c l\u1ef1a ch\u1ecdn c\u1ea9n th\u1eadn tr\u01b0\u1edbc m\u1ed7i chuy\u1ebfn \u0111i, \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o lu\u00f4n an to\u00e0n v\u00e0 vui v\u1ebb. C\u00f4ng ty TVT t\u1ef1 nh\u1eadn th\u1ea5y m\u00ecnh c\u00f3 ch\u00fat \u00edt kinh nghi\u1ec7m v\u00e0 \u0111\u00e3 th\u1ef1c s\u1ef1 tr\u1ea3i nghi\u1ec7m qua nhi\u1ec1u chuy\u1ebfn \u0111i kh\u00e1c nhau (c\u00e1c v\u1ee5 \u0111\u1ea7u t\u01b0), g\u1eb7p kh\u00f4ng \u00edt c\u00e1c chuy\u1ebfn \u0111i th\u1ea5t v\u1ecdng (thua l\u1ed7) v\u00e0 c\u0169ng c\u00f3 nhi\u1ec1u chuy\u1ebfn di th\u00e0nh c\u00f4ng ngo\u00e0i mong \u0111\u1ee3i, nay mong mu\u1ed1n \u0111\u01b0\u1ee3c chia s\u1ebb \u0111\u1ebfn nh\u1eefng ng\u01b0\u1eddi \u0111ang mu\u1ed1n tham gia c\u00e1c chuy\u1ebfn du l\u1ecbch m\u00e0 C\u00f4ng ty TVT \u0111\u00e3 v\u00e0 \u0111ang quan t\u00e2m v\u1edbi mong mu\u1ed1n c\u00f3 c\u00f9ng nh\u1eebng ng\u01b0\u1eddi \u0111\u1ed3ng h\u00e0nh hi\u1ec3u bi\u1ebft, vui t\u00ednh c\u00f9ng \u0111\u1ed3ng cam c\u1ed9ng kh\u1ed5 khi g\u1eb7p th\u1eddi ti\u1ebft x\u1ea5u (bi\u1ebfn \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng chung), ng\u01b0\u1eddi l\u00e1i xe, h\u01b0\u1edbng d\u1eabn vi\u00ean kh\u00f4ng nh\u01b0 mong mu\u1ed1n (ban l\u00e3nh \u0111\u1ea1o doanh nghi\u1ec7p kh\u00f4ng trung th\u1ef1c,b\u00e1n kh\u00e1ch d\u1ecdc \u0111\u01b0\u1eddng, g\u00e2y kh\u00f3 d\u1ec5 \u0111\u1ec3 ki\u1ebfm l\u1ee3i \u00edch ri\u00eang,\u2026). L\u00fac n\u00e0y r\u1ea5t c\u1ea7n c\u1ed9ng \u0111\u1ed3ng h\u00e0nh kh\u00e1ch (c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0) c\u00f9ng nhau \u0111o\u00e0n k\u1ebft chia s\u1ebb kinh nghi\u1ec7m \u0111\u1ec3 t\u00ecm ra gi\u1ea3i ph\u00e1p t\u1ed1t nh\u1ea5t nh\u1eb1m h\u1ea1n ch\u1ebf r\u1ee7i ro v\u00e0 g\u00f3p ph\u1ea7n l\u00e0m cho chuy\u1ebfn du l\u1ecbch \u0111\u1ea1t k\u1ebft qu\u1ea3 t\u1ed1t \u0111\u1eb9p m\u1ecdi ng\u01b0\u1eddi tham gia c\u00f9ng \u0111i \u0111\u1ebfn n\u01a1i v\u1ec1 \u0111\u1ebfn ch\u1ed1n an to\u00e0n, vui v\u1ebb v\u00e0 c\u00f9ng nhau g\u1eafn k\u1ebft chu\u1ea9n b\u1ecb cho chuy\u1ebfn du l\u1ecbch ti\u1ebfp theo.<\/span><\/p>\n

TVTinvest<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

C\u00f4ng ty T\u01b0 v\u1ea5n v\u00e0 \u0110\u1ea7u t\u01b0 TVT (C\u00f4ng ty TVT) \u0111\u01b0\u1ee3c th\u00e0nh l\u1eadp v\u1edbi M\u1ee5c ti\u00eau tr\u1edf th\u00e0nh C\u00f4ng ty chuy\u00ean nghi\u1ec7p v\u1ec1 l\u0129nh v\u1ef1c \u0110\u1ea7u t\u01b0 v\u00e0 T\u01b0 v\u1ea5n \u0111\u1ea7u t\u01b0 v\u1ec1 t\u00e0i ch\u00ednh m\u00e0 ch\u1ee7 y\u1ebfu l\u00e0 \u0110\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n (mua b\u00e1n c\u1ed5 phi\u1ebfu) tr\u00ean s\u00e0n ch\u1ee9ng kho\u00e1n Vi\u1ec7t nam (Kh\u00f4ng tham gia th\u1ef1c hi\u1ec7n c\u00e1c […]<\/p>\n","protected":false},"author":1,"featured_media":1658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,24,21],"tags":[],"_links":{"self":[{"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/posts\/1397"}],"collection":[{"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1397"}],"version-history":[{"count":18,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/posts\/1397\/revisions"}],"predecessor-version":[{"id":2080,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/posts\/1397\/revisions\/2080"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/media\/1658"}],"wp:attachment":[{"href":"http:\/\/tvtinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1397"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}