{"id":1377,"date":"2023-05-25T02:46:01","date_gmt":"2023-05-25T02:46:01","guid":{"rendered":"https:\/\/dev.vtcnetviet.com\/?p=1377"},"modified":"2023-06-06T02:46:58","modified_gmt":"2023-06-06T02:46:58","slug":"trai-phieu-doanh-nghiep","status":"publish","type":"post","link":"https:\/\/vtcnetviet.com\/trai-phieu-doanh-nghiep\/","title":{"rendered":"Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 g\u00ec? \u0110\u1eb7c \u0111i\u1ec3m, l\u1ee3i \u00edch v\u00e0 c\u00e1c lo\u1ea1i"},"content":{"rendered":"\r\n<p>Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 m\u1ed9t h\u00ecnh th\u1ee9c huy \u0111\u1ed9ng v\u1ed1n c\u1ee7a c\u00e1c doanh nghi\u1ec7p b\u1eb1ng c\u00e1ch ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0. \u0110\u00e2y l\u00e0 m\u1ed9t l\u0129nh v\u1ef1c \u0111ang ph\u00e1t tri\u1ec3n m\u1ea1nh m\u1ebd t\u1ea1i Vi\u1ec7t Nam trong nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y. Tuy nhi\u00ean, nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 v\u1eabn ch\u01b0a c\u00f3 \u0111\u1ea7y \u0111\u1ee7 ki\u1ebfn th\u1ee9c v\u1ec1 tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 v\u1eabn c\u00f2n nhi\u1ec1u th\u1eafc m\u1eafc li\u00ean quan \u0111\u1ebfn lo\u1ea1i t\u00e0i s\u1ea3n n\u00e0y. Trong b\u00e0i vi\u1ebft n\u00e0y, ch\u00fang ta s\u1ebd gi\u1ea3i \u0111\u00e1p m\u1ed9t s\u1ed1 th\u1eafc m\u1eafc ph\u1ed5 bi\u1ebfn v\u1ec1 tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p.<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><a href=\"https:\/\/vtcnetviet.com\/tu-dong-hoa-doanh-nghiep\/\" target=\"_blank\" rel=\"noreferrer noopener\">T\u1ef1 \u0111\u1ed9ng h\u00f3a doanh nghi\u1ec7p: L\u1ee3i \u00edch v\u00e0 h\u00ecnh th\u1ee9c tri\u1ec3n khai<\/a><\/li>\r\n\r\n\r\n\r\n<li><a href=\"https:\/\/vtcnetviet.com\/doanh-nghiep-so-la-gi\/\" target=\"_blank\" rel=\"noreferrer noopener\">Doanh Nghi\u1ec7p S\u1ed1 L\u00e0 G\u00ec? C\u00e1c M\u00f4 H\u00ecnh Ph\u1ed5 Bi\u1ebfn Hi\u1ec7n Nay<\/a><\/li>\r\n\r\n\r\n\r\n<li><a href=\"https:\/\/vtcnetviet.com\/doanh-nghiep-che-xuat\/\" target=\"_blank\" rel=\"noreferrer noopener\">Doanh Nghi\u1ec7p Ch\u1ebf Xu\u1ea5t L\u00e0 G\u00ec? L\u1ee3i Th\u1ebf V\u00e0 Th\u00e1ch Th\u1ee9c<\/a><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_50 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">M\u1ee5c L\u1ee5c<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\" role=\"button\"><label for=\"item-66311fbabad65\" aria-hidden=\"true\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-66311fbabad65\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-visibility-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/vtcnetviet.com\/trai-phieu-doanh-nghiep\/#Trai_phieu_doanh_nghiep_la_gi\" title=\"Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 g\u00ec?\">Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 g\u00ec?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/vtcnetviet.com\/trai-phieu-doanh-nghiep\/#Cac_loai_trai_phieu_doanh_nghiep_o_Viet_Nam\" title=\"C\u00e1c lo\u1ea1i tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p \u1edf Vi\u1ec7t Nam\">C\u00e1c lo\u1ea1i tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p \u1edf Vi\u1ec7t Nam<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/vtcnetviet.com\/trai-phieu-doanh-nghiep\/#Dac_diem_cua_trai_phieu_doanh_nghiep_la_gi\" title=\"\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 g\u00ec?\">\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 g\u00ec?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/vtcnetviet.com\/trai-phieu-doanh-nghiep\/#Loi_ich_khi_dau_tu_trai_phieu_doanh_nghiep\" title=\"L\u1ee3i \u00edch khi \u0111\u1ea7u t\u01b0 tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p\">L\u1ee3i \u00edch khi \u0111\u1ea7u t\u01b0 tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/vtcnetviet.com\/trai-phieu-doanh-nghiep\/#Phan_biet_trai_phieu_doanh_nghiep_co_phieu_va_tien_gui\" title=\"Ph\u00e2n bi\u1ec7t tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p, c\u1ed5 phi\u1ebfu v\u00e0 ti\u1ec1n g\u1eedi\">Ph\u00e2n bi\u1ec7t tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p, c\u1ed5 phi\u1ebfu v\u00e0 ti\u1ec1n g\u1eedi<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/vtcnetviet.com\/trai-phieu-doanh-nghiep\/#Phan_biet_trai_phieu_doanh_nghiep_va_trai_phieu_chinh_phu\" title=\"Ph\u00e2n bi\u1ec7t tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7\">Ph\u00e2n bi\u1ec7t tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/vtcnetviet.com\/trai-phieu-doanh-nghiep\/#Diem_khac_biet_giua_trai_phieu_doanh_nghiep_va_co_phieu\" title=\"\u0110i\u1ec3m kh\u00e1c bi\u1ec7t gi\u1eefa tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 c\u1ed5 phi\u1ebfu\">\u0110i\u1ec3m kh\u00e1c bi\u1ec7t gi\u1eefa tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 c\u1ed5 phi\u1ebfu<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/vtcnetviet.com\/trai-phieu-doanh-nghiep\/#Ket_luan\" title=\"K\u1ebft lu\u1eadn\">K\u1ebft lu\u1eadn<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Trai_phieu_doanh_nghiep_la_gi\"><\/span><strong>Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 g\u00ec?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p><a href=\"https:\/\/vtcnetviet.com\/trai-phieu-doanh-nghiep\/\">Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p<\/a> l\u00e0 m\u1ed9t lo\u1ea1i gi\u1ea5y n\u1ee3 m\u00e0 doanh nghi\u1ec7p ph\u00e1t h\u00e0nh cho nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u1ec3 huy \u0111\u1ed9ng v\u1ed1n. \u0110\u00e2y l\u00e0 m\u1ed9t h\u00ecnh th\u1ee9c t\u00e0i ch\u00ednh ph\u1ed5 bi\u1ebfn v\u00e0 \u0111ang ng\u00e0y c\u00e0ng \u0111\u01b0\u1ee3c \u01b0a chu\u1ed9ng b\u1edfi c\u00e1c doanh nghi\u1ec7p, \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e1c doanh nghi\u1ec7p c\u00f3 quy m\u00f4 v\u1eeba v\u00e0 nh\u1ecf.\u00a0Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p th\u01b0\u1eddng c\u00f3 m\u1ec7nh gi\u00e1 c\u1ed1 \u0111\u1ecbnh v\u00e0 th\u1eddi h\u1ea1n tr\u1ea3 vay c\u00f3 th\u1ec3 k\u00e9o d\u00e0i t\u1eeb v\u00e0i th\u00e1ng \u0111\u1ebfn v\u00e0i n\u0103m. Ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 mua tr\u00e1i phi\u1ebfu s\u1ebd nh\u1eadn \u0111\u01b0\u1ee3c l\u1ee3i t\u1ee9c t\u1eeb l\u00e3i su\u1ea5t m\u00e0 doanh nghi\u1ec7p cam k\u1ebft tr\u1ea3. Ngo\u00e0i ra, tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p th\u01b0\u1eddng \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 theo kh\u1ea3 n\u0103ng tr\u1ea3 n\u1ee3 c\u1ee7a doanh nghi\u1ec7p v\u00e0 \u0111\u01b0\u1ee3c x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 m\u1ee9c \u0111\u1ed9 r\u1ee7i ro cho ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0.<\/p>\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter\"><img decoding=\"async\" class=\"wp-image-4501\" title=\"Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 g\u00ec?\" src=\"https:\/\/vtcnetviet.com\/wp-content\/uploads\/2023\/04\/trai-phieu-doanh-nghiep-la-gi.jpg\" alt=\"Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 g\u00ec?\" \/><\/figure><\/div>\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cac_loai_trai_phieu_doanh_nghiep_o_Viet_Nam\"><\/span><strong>C\u00e1c lo\u1ea1i tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p \u1edf Vi\u1ec7t Nam<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>Hi\u1ec7n nay, tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p \u0111\u01b0\u1ee3c chia th\u00e0nh nhi\u1ec1u lo\u1ea1i kh\u00e1c nhau, bao g\u1ed3m:<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><strong>Tr\u00e1i phi\u1ebfu c\u00f3 th\u1ec3 chuy\u1ec3n \u0111\u1ed5i (convertible bond):<\/strong> \u0110\u00e2y l\u00e0 lo\u1ea1i tr\u00e1i phi\u1ebfu cho ph\u00e9p nh\u00e0 \u0111\u1ea7u t\u01b0 chuy\u1ec3n \u0111\u1ed5i tr\u00e1i phi\u1ebfu th\u00e0nh c\u1ed5 phi\u1ebfu c\u1ee7a c\u00f4ng ty ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu.<\/li>\r\n\r\n\r\n\r\n<li><strong>Tr\u00e1i phi\u1ebfu kh\u00f4ng \u0111\u1ea3m b\u1ea3o (unsecured bond):<\/strong> \u0110\u00e2y l\u00e0 lo\u1ea1i tr\u00e1i phi\u1ebfu kh\u00f4ng \u0111\u01b0\u1ee3c \u0111\u1ea3m b\u1ea3o b\u1eb1ng t\u00e0i s\u1ea3n c\u1ee7a c\u00f4ng ty ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu.<\/li>\r\n\r\n\r\n\r\n<li><strong>Tr\u00e1i phi\u1ebfu \u0111\u1ea3m b\u1ea3o (secured bond):<\/strong> \u0110\u00e2y l\u00e0 lo\u1ea1i tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c \u0111\u1ea3m b\u1ea3o b\u1eb1ng t\u00e0i s\u1ea3n c\u1ee7a c\u00f4ng ty ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu.<\/li>\r\n\r\n\r\n\r\n<li><strong>Tr\u00e1i phi\u1ebfu \u01b0u \u0111\u00e3i (preference bond):<\/strong> \u0110\u00e2y l\u00e0 lo\u1ea1i tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c \u01b0u ti\u00ean tr\u1ea3 ti\u1ec1n l\u00e3i v\u00e0 tr\u1ea3 ti\u1ec1n g\u1ed1c tr\u01b0\u1edbc c\u00e1c lo\u1ea1i tr\u00e1i phi\u1ebfu kh\u00e1c khi c\u00f4ng ty ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu v\u1ee1 n\u1ee3.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Dac_diem_cua_trai_phieu_doanh_nghiep_la_gi\"><\/span><strong>\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 g\u00ec?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>C\u00e1c \u0111\u1eb7c \u0111i\u1ec3m c\u1ee7a tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p bao g\u1ed3m:<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><strong>L\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 m\u1ee9c l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh \u0111\u01b0\u1ee3c cam k\u1ebft tr\u1ea3 cho ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 trong th\u1eddi gian vay.<\/li>\r\n\r\n\r\n\r\n<li><strong>Th\u1eddi h\u1ea1n:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 th\u1eddi h\u1ea1n tr\u1ea3 n\u1ee3 c\u1ed1 \u0111\u1ecbnh, th\u01b0\u1eddng t\u1eeb v\u00e0i th\u00e1ng \u0111\u1ebfn v\u00e0i n\u0103m.<\/li>\r\n\r\n\r\n\r\n<li><strong>Ph\u00e2n ph\u1ed1i r\u1ed9ng:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c ph\u00e2n ph\u1ed1i r\u1ed9ng r\u00e3i \u0111\u1ebfn nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0, cho ph\u00e9p doanh nghi\u1ec7p vay ti\u1ec1n m\u1ed9t l\u01b0\u1ee3ng l\u1edbn t\u1eeb c\u00f4ng ch\u00fang.<\/li>\r\n\r\n\r\n\r\n<li><strong>\u0110\u00e1nh gi\u00e1 t\u00edn d\u1ee5ng:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p th\u01b0\u1eddng \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 theo kh\u1ea3 n\u0103ng tr\u1ea3 n\u1ee3 c\u1ee7a doanh nghi\u1ec7p v\u00e0 \u0111\u01b0\u1ee3c x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 m\u1ee9c \u0111\u1ed9 r\u1ee7i ro cho ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0.<\/li>\r\n\r\n\r\n\r\n<li><strong>Thanh to\u00e1n \u1ed5n \u0111\u1ecbnh:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p th\u01b0\u1eddng \u0111\u01b0\u1ee3c coi l\u00e0 m\u1ed9t kho\u1ea3n \u0111\u1ea7u t\u01b0 \u1ed5n \u0111\u1ecbnh, v\u00ec ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 nh\u1eadn \u0111\u01b0\u1ee3c l\u00e3i su\u1ea5t h\u00e0ng n\u0103m v\u00e0 \u0111\u01b0\u1ee3c b\u1ea3o \u0111\u1ea3m tr\u1ea3 l\u1ea1i v\u1ed1n ban \u0111\u1ea7u v\u00e0o ng\u00e0y \u0111\u00e1o h\u1ea1n.<\/li>\r\n\r\n\r\n\r\n<li><strong>T\u00ednh linh ho\u1ea1t:<\/strong> Doanh nghi\u1ec7p c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng tr\u00e1i phi\u1ebfu \u0111\u1ec3 vay ti\u1ec1n v\u1edbi c\u00e1c kho\u1ea3n vay c\u00f3 m\u1ee9c l\u00e3i su\u1ea5t th\u1ea5p h\u01a1n so v\u1edbi c\u00e1c kho\u1ea3n vay th\u00f4ng th\u01b0\u1eddng, v\u00e0 c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng ti\u1ec1n vay \u0111\u1ec3 ph\u00e1t tri\u1ec3n kinh doanh v\u00e0 \u0111\u1ea7u t\u01b0.<\/li>\r\n<\/ul>\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter\"><img decoding=\"async\" class=\"wp-image-4502\" title=\"\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 g\u00ec?\" src=\"https:\/\/vtcnetviet.com\/wp-content\/uploads\/2023\/04\/trai-phieu-doanh-nghiep-la-gi-2.jpg\" alt=\"\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 g\u00ec?\" \/><\/figure><\/div>\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Loi_ich_khi_dau_tu_trai_phieu_doanh_nghiep\"><\/span><strong>L\u1ee3i \u00edch khi \u0111\u1ea7u t\u01b0 tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>\u0110\u1ea7u t\u01b0 v\u00e0o tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 nhi\u1ec1u l\u1ee3i \u00edch, bao g\u1ed3m:<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><strong>Thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh v\u00e0 \u1ed5n \u0111\u1ecbnh:<\/strong> Ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 v\u00e0o tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p s\u1ebd \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u1ee3i \u00edch l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh v\u00e0 \u1ed5n \u0111\u1ecbnh trong su\u1ed1t th\u1eddi gian n\u1eafm gi\u1eef tr\u00e1i phi\u1ebfu. \u0110i\u1ec1u n\u00e0y gi\u00fap cho ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 t\u00ednh to\u00e1n \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn ch\u00ednh x\u00e1c v\u00e0 ph\u00f9 h\u1ee3p v\u1edbi m\u1ee5c ti\u00eau \u0111\u1ea7u t\u01b0 c\u1ee7a m\u00ecnh.<\/li>\r\n\r\n\r\n\r\n<li><strong>\u0110a d\u1ea1ng h\u00f3a danh m\u1ee5c \u0111\u1ea7u t\u01b0:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 m\u1ed9t l\u1ef1a ch\u1ecdn \u0111\u1ea7u t\u01b0 t\u1ed1t \u0111\u1ec3 \u0111a d\u1ea1ng h\u00f3a danh m\u1ee5c \u0111\u1ea7u t\u01b0, gi\u00fap gi\u1ea3m thi\u1ec3u r\u1ee7i ro trong t\u00e0i kho\u1ea3n \u0111\u1ea7u t\u01b0.<\/li>\r\n\r\n\r\n\r\n<li><strong>T\u00ednh thanh kho\u1ea3n cao:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 t\u00ednh thanh kho\u1ea3n cao, cho ph\u00e9p ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 b\u00e1n tr\u00e1i phi\u1ebfu v\u00e0 thu h\u1ed3i v\u1ed1n d\u1ec5 d\u00e0ng.<\/li>\r\n\r\n\r\n\r\n<li><strong>B\u1ea3o \u0111\u1ea3m an to\u00e0n v\u1ed1n:<\/strong> Ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 v\u00e0o tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 th\u1ec3 y\u00ean t\u00e2m v\u1ec1 vi\u1ec7c b\u1ea3o \u0111\u1ea3m an to\u00e0n v\u1ed1n v\u00ec ch\u00fang th\u01b0\u1eddng \u0111\u01b0\u1ee3c b\u1ea3o \u0111\u1ea3m b\u1edfi t\u00e0i s\u1ea3n ho\u1eb7c \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 t\u00edn d\u1ee5ng cao.<\/li>\r\n\r\n\r\n\r\n<li><strong>Thu\u1eadn l\u1ee3i cho nh\u1eefng ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 c\u00f3 t\u1ea7m nh\u00ecn d\u00e0i h\u1ea1n:<\/strong> V\u1edbi nh\u1eefng ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 c\u00f3 t\u1ea7m nh\u00ecn d\u00e0i h\u1ea1n, \u0111\u1ea7u t\u01b0 v\u00e0o tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 m\u1ed9t l\u1ef1a ch\u1ecdn t\u1ed1t \u0111\u1ec3 gi\u1eef v\u1eefng gi\u00e1 tr\u1ecb v\u1ed1n trong th\u1eddi gian d\u00e0i.<\/li>\r\n\r\n\r\n\r\n<li><strong>T\u00ednh linh ho\u1ea1t:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 t\u00ednh linh ho\u1ea1t trong vi\u1ec7c chuy\u1ec3n \u0111\u1ed5i sang c\u1ed5 phi\u1ebfu ho\u1eb7c t\u00e1i c\u1ea5p v\u1ed1n, gi\u00fap cho doanh nghi\u1ec7p c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng tr\u00e1i phi\u1ebfu \u0111\u1ec3 t\u0103ng c\u01b0\u1eddng ngu\u1ed3n v\u1ed1n cho c\u00e1c ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ee7a m\u00ecnh.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Phan_biet_trai_phieu_doanh_nghiep_co_phieu_va_tien_gui\"><\/span><strong>Ph\u00e2n bi\u1ec7t tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p, c\u1ed5 phi\u1ebfu v\u00e0 ti\u1ec1n g\u1eedi<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p, c\u1ed5 phi\u1ebfu v\u00e0 ti\u1ec1n g\u1eedi l\u00e0 c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n kh\u00e1c nhau trong l\u0129nh v\u1ef1c \u0111\u1ea7u t\u01b0 v\u00e0 t\u00e0i ch\u00ednh, v\u00e0 c\u00f3 nh\u1eefng \u0111i\u1ec3m kh\u00e1c nhau sau \u0111\u00e2y:<\/p>\r\n\r\n\r\n\r\n<p>Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 m\u1ed9t kho\u1ea3n \u0111\u1ea7u t\u01b0 \u0111\u00f2i h\u1ecfi m\u1ed9t kho\u1ea3n vay ban \u0111\u1ea7u t\u1eeb ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 cho doanh nghi\u1ec7p \u0111\u1ec3 gi\u00fap cho doanh nghi\u1ec7p c\u00f3 ngu\u1ed3n v\u1ed1n cho c\u00e1c ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ee7a m\u00ecnh. Ng\u01b0\u1ee3c l\u1ea1i, c\u1ed5 phi\u1ebfu l\u00e0 m\u1ed9t kho\u1ea3n \u0111\u1ea7u t\u01b0 cho ph\u00e9p ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 s\u1edf h\u1eefu m\u1ed9t ph\u1ea7n s\u1edf h\u1eefu c\u1ee7a doanh nghi\u1ec7p v\u00e0 chia s\u1ebb l\u1ee3i nhu\u1eadn c\u1ee7a doanh nghi\u1ec7p. Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 l\u1ee3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh trong khi c\u1ed5 phi\u1ebfu kh\u00f4ng c\u00f3 l\u1ee3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh v\u00e0 ch\u1ecbu r\u1ee7i ro h\u01a1n.<\/p>\r\n\r\n\r\n\r\n<p>Ti\u1ec1n g\u1eedi l\u00e0 m\u1ed9t kho\u1ea3n ti\u1ec1n m\u00e0 ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 g\u1eedi v\u00e0o ng\u00e2n h\u00e0ng ho\u1eb7c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh \u0111\u1ec3 nh\u1eadn l\u00e3i su\u1ea5t tr\u1ea3 l\u1ea1i. Tuy nhi\u00ean, ti\u1ec1n g\u1eedi kh\u00f4ng c\u00f3 l\u1ee3i su\u1ea5t cao nh\u01b0 tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 kh\u00f4ng \u0111\u01b0\u1ee3c b\u1ea3o \u0111\u1ea3m nh\u01b0 tr\u00e1i phi\u1ebfu c\u1ee7a doanh nghi\u1ec7p.<\/p>\r\n\r\n\r\n\r\n<p>T\u00ednh thanh kho\u1ea3n c\u1ee7a ba lo\u1ea1i t\u00e0i s\u1ea3n n\u00e0y c\u0169ng kh\u00e1c nhau. Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c b\u00e1n l\u1ea1i tr\u00ean th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu, c\u1ed5 phi\u1ebfu c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c b\u00e1n l\u1ea1i tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, trong khi ti\u1ec1n g\u1eedi c\u00f3 th\u1ec3 r\u00fat ra m\u1ed9t c\u00e1ch d\u1ec5 d\u00e0ng.<\/p>\r\n\r\n\r\n\r\n<p>R\u1ee7i ro c\u1ee7a ba lo\u1ea1i t\u00e0i s\u1ea3n n\u00e0y c\u0169ng kh\u00e1c nhau. Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p th\u01b0\u1eddng c\u00f3 r\u1ee7i ro th\u1ea5p h\u01a1n so v\u1edbi c\u1ed5 phi\u1ebfu v\u00ec l\u1ee3i su\u1ea5t c\u1ee7a ch\u00fang \u0111\u01b0\u1ee3c b\u1ea3o \u0111\u1ea3m, trong khi c\u1ed5 phi\u1ebfu c\u00f3 r\u1ee7i ro cao h\u01a1n v\u00ec l\u1ee3i nhu\u1eadn c\u1ee7a doanh nghi\u1ec7p ph\u1ee5 thu\u1ed9c v\u00e0o nhi\u1ec1u y\u1ebfu t\u1ed1. Ti\u1ec1n g\u1eedi c\u00f3 r\u1ee7i ro th\u1ea5p h\u01a1n so v\u1edbi tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 c\u1ed5 phi\u1ebfu, nh\u01b0ng l\u1ea1i kh\u00f4ng c\u00f3 l\u1ee3i su\u1ea5t cao nh\u01b0 hai lo\u1ea1i t\u00e0i s\u1ea3n kia.<\/p>\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter\"><img decoding=\"async\" class=\"wp-image-4500\" title=\"\u0110\u1ea7u t\u01b0 tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p\" src=\"https:\/\/vtcnetviet.com\/wp-content\/uploads\/2023\/04\/dac-diem-cua-trai-phieu-doanh-nghiep.jpg\" alt=\"\u0110\u1ea7u t\u01b0 tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p\" \/><\/figure><\/div>\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Phan_biet_trai_phieu_doanh_nghiep_va_trai_phieu_chinh_phu\"><\/span><strong>Ph\u00e2n bi\u1ec7t tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 l\u00e0 hai lo\u1ea1i tr\u00e1i phi\u1ebfu kh\u00e1c nhau. D\u01b0\u1edbi \u0111\u00e2y l\u00e0 nh\u1eefng \u0111i\u1ec3m kh\u00e1c bi\u1ec7t gi\u1eefa hai lo\u1ea1i tr\u00e1i phi\u1ebfu n\u00e0y:<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><strong>\u0110\u01a1n v\u1ecb ph\u00e1t h\u00e0nh:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh b\u1edfi c\u00e1c doanh nghi\u1ec7p t\u01b0 nh\u00e2n ho\u1eb7c c\u00f4ng ty \u0111\u1ea1i ch\u00fang, trong khi tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh b\u1edfi ch\u00ednh ph\u1ee7.<\/li>\r\n\r\n\r\n\r\n<li><strong>Ngu\u1ed3n v\u1ed1n:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh \u0111\u1ec3 huy \u0111\u1ed9ng ngu\u1ed3n v\u1ed1n cho c\u00e1c ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ee7a doanh nghi\u1ec7p, trong khi tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh \u0111\u1ec3 huy \u0111\u1ed9ng ngu\u1ed3n v\u1ed1n cho c\u00e1c ho\u1ea1t \u0111\u1ed9ng c\u1ee7a ch\u00ednh ph\u1ee7, ch\u1eb3ng h\u1ea1n nh\u01b0 x\u00e2y d\u1ef1ng c\u01a1 s\u1edf h\u1ea1 t\u1ea7ng, trang tr\u1ea3i chi ph\u00ed t\u00e0i ch\u00ednh c\u1ee7a ch\u00ednh ph\u1ee7, ho\u1eb7c tr\u1ea3 l\u00e3i su\u1ea5t n\u1ee3 c\u00f4ng.<\/li>\r\n\r\n\r\n\r\n<li><strong>R\u1ee7i ro:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p th\u01b0\u1eddng c\u00f3 m\u1ee9c r\u1ee7i ro cao h\u01a1n so v\u1edbi tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 v\u00ec doanh nghi\u1ec7p ph\u1ea3i ch\u1ecbu r\u1ee7i ro v\u1ec1 vi\u1ec7c kh\u00f4ng th\u1ec3 tr\u1ea3 n\u1ee3 v\u1ec1 th\u1eddi h\u1ea1n ho\u1eb7c kh\u00f4ng \u0111\u1ee7 kh\u1ea3 n\u0103ng tr\u1ea3 n\u1ee3 l\u00e3i. Trong khi \u0111\u00f3, tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 \u0111\u01b0\u1ee3c xem l\u00e0 t\u00e0i s\u1ea3n c\u00f3 r\u1ee7i ro th\u1ea5p h\u01a1n b\u1edfi v\u00ec ch\u00ednh ph\u1ee7 th\u01b0\u1eddng \u0111\u01b0\u1ee3c xem l\u00e0 m\u1ed9t \u0111\u01a1n v\u1ecb c\u00f3 kh\u1ea3 n\u0103ng tr\u1ea3 n\u1ee3 cao h\u01a1n c\u00e1c doanh nghi\u1ec7p.<\/li>\r\n\r\n\r\n\r\n<li><strong>L\u1ee3i su\u1ea5t:<\/strong> Th\u01b0\u1eddng th\u00ec l\u1ee3i su\u1ea5t c\u1ee7a tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p s\u1ebd cao h\u01a1n so v\u1edbi tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 v\u00ec m\u1ee9c \u0111\u1ed9 r\u1ee7i ro c\u1ee7a n\u00f3 cao h\u01a1n. Tuy nhi\u00ean, vi\u1ec7c c\u00e2n nh\u1eafc gi\u1eefa m\u1ee9c \u0111\u1ed9 r\u1ee7i ro v\u00e0 l\u1ee3i su\u1ea5t ph\u1ea3i \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 c\u1ea9n th\u1eadn tr\u01b0\u1edbc khi quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 v\u00e0o lo\u1ea1i t\u00e0i s\u1ea3n n\u00e0o.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Diem_khac_biet_giua_trai_phieu_doanh_nghiep_va_co_phieu\"><\/span><strong>\u0110i\u1ec3m kh\u00e1c bi\u1ec7t gi\u1eefa tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 c\u1ed5 phi\u1ebfu<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 c\u1ed5 phi\u1ebfu l\u00e0 hai lo\u1ea1i t\u00e0i s\u1ea3n kh\u00e1c nhau. Trong khi tr\u00e1i phi\u1ebfu l\u00e0 m\u1ed9t lo\u1ea1i gi\u1ea5y n\u1ee3, c\u1ed5 phi\u1ebfu \u0111\u1ea1i di\u1ec7n cho m\u1ed9t ph\u1ea7n s\u1edf h\u1eefu c\u1ee7a c\u00f4ng ty ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu \u0111\u00f3. Nh\u1eefng \u0111i\u1ec3m kh\u00e1c bi\u1ec7t ch\u00ednh gi\u1eefa tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 c\u1ed5 phi\u1ebfu l\u00e0:<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><strong>T\u00ednh \u1ed5n \u0111\u1ecbnh:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 t\u00ednh \u1ed5n \u0111\u1ecbnh cao h\u01a1n so v\u1edbi c\u1ed5 phi\u1ebfu, v\u00ec l\u00e3i su\u1ea5t v\u00e0 ng\u00e0y \u0111\u00e1o h\u1ea1n c\u1ee7a tr\u00e1i phi\u1ebfu \u0111\u00e3 \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh tr\u01b0\u1edbc. Trong khi \u0111\u00f3, gi\u00e1 c\u1ed5 phi\u1ebfu c\u00f3 th\u1ec3 bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh theo th\u1ecb tr\u01b0\u1eddng v\u00e0 ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ee7a c\u00f4ng ty.<\/li>\r\n\r\n\r\n\r\n<li><strong>Quy\u1ec1n l\u1ee3i ch\u1ee7 s\u1edf h\u1eefu:<\/strong> C\u1ed5 phi\u1ebfu c\u00f3 quy\u1ec1n bi\u1ec3u quy\u1ebft t\u1ea1i c\u00e1c cu\u1ed9c h\u1ecdp c\u1ed5 \u0111\u00f4ng v\u00e0 c\u00f3 quy\u1ec1n nh\u1eadn chia l\u1ee3i nhu\u1eadn c\u1ee7a c\u00f4ng ty, trong khi \u0111\u00f3, tr\u00e1i phi\u1ebfu ch\u1ec9 c\u00f3 quy\u1ec1n nh\u1eadn l\u00e3i su\u1ea5t v\u00e0 ti\u1ec1n g\u1ed1c.<\/li>\r\n\r\n\r\n\r\n<li><strong>M\u1ee9c \u0111\u1ed9 r\u1ee7i ro:<\/strong> Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 m\u1ee9c \u0111\u1ed9 r\u1ee7i ro th\u1ea5p h\u01a1n so v\u1edbi c\u1ed5 phi\u1ebfu, v\u00ec tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c \u0111\u1ea3m b\u1ea3o b\u1edfi t\u00e0i s\u1ea3n c\u1ee7a c\u00f4ng ty ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu v\u00e0 \u0111\u01b0\u1ee3c \u01b0u ti\u00ean tr\u1ea3 ti\u1ec1n l\u00e3i v\u00e0 ti\u1ec1n g\u1ed1c tr\u01b0\u1edbc khi c\u00f4ng ty ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu. Tuy nhi\u00ean, v\u1eabn c\u00f3 nguy c\u01a1 v\u1ee1 n\u1ee3 v\u00e0 m\u1ea5t ti\u1ec1n khi \u0111\u1ea7u t\u01b0 v\u00e0o tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><strong>K\u1ebft lu\u1eadn<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 m\u1ed9t h\u00ecnh th\u1ee9c \u0111\u1ea7u t\u01b0 ph\u1ed5 bi\u1ebfn, c\u00f3 t\u00ednh \u1ed5n \u0111\u1ecbnh cao h\u01a1n so v\u1edbi c\u1ed5 phi\u1ebfu v\u00e0 c\u00f3 m\u1ee9c \u0111\u1ed9 r\u1ee7i ro th\u1ea5p h\u01a1n. Tuy nhi\u00ean, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n ph\u1ea3i n\u1eafm v\u1eefng c\u00e1c ki\u1ebfn th\u1ee9c c\u01a1 b\u1ea3n v\u1ec1 tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p \u0111\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 ch\u00ednh x\u00e1c v\u00e0 tr\u00e1nh r\u1ee7i ro \u0111\u1ea7u t\u01b0. Ngo\u00e0i ra, c\u1ea7n \u0111\u00e1nh gi\u00e1 t\u1ef7 l\u1ec7 l\u1ee3i nhu\u1eadn so v\u1edbi r\u1ee7i ro \u0111\u1ec3 ch\u1ecdn l\u1ef1a nh\u1eefng lo\u1ea1i tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 ti\u1ec1m n\u0103ng sinh l\u1ee3i cao v\u00e0 an to\u00e0n.<\/p>\r\n\r\n\r\n\r\n<p style=\"text-align: right;\">Website:\u00a0<a href=\"https:\/\/vtcnetviet.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/vtcnetviet.com\/<\/a><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 m\u1ed9t h\u00ecnh th\u1ee9c huy \u0111\u1ed9ng v\u1ed1n c\u1ee7a c\u00e1c doanh nghi\u1ec7p b\u1eb1ng c\u00e1ch ph\u00e1t h\u00e0nh tr\u00e1i&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"default","_kad_post_title":"default","_kad_post_layout":"default","_kad_post_sidebar_id":"","_kad_post_content_style":"default","_kad_post_vertical_padding":"default","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[11,3],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/vtcnetviet.com\/wp-json\/wp\/v2\/posts\/1377"}],"collection":[{"href":"https:\/\/vtcnetviet.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vtcnetviet.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vtcnetviet.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vtcnetviet.com\/wp-json\/wp\/v2\/comments?post=1377"}],"version-history":[{"count":3,"href":"https:\/\/vtcnetviet.com\/wp-json\/wp\/v2\/posts\/1377\/revisions"}],"predecessor-version":[{"id":1593,"href":"https:\/\/vtcnetviet.com\/wp-json\/wp\/v2\/posts\/1377\/revisions\/1593"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vtcnetviet.com\/wp-json\/wp\/v2\/media\/1378"}],"wp:attachment":[{"href":"https:\/\/vtcnetviet.com\/wp-json\/wp\/v2\/media?parent=1377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vtcnetviet.com\/wp-json\/wp\/v2\/categories?post=1377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vtcnetviet.com\/wp-json\/wp\/v2\/tags?post=1377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}