V\u1edbi c\u1ed9ng \u0111\u1ed3ng qu\u1ed1c t\u1ebf, VinFast l\u00e0 b\u1ed9 m\u1eb7t c\u1ee7a m\u1ed9t tham v\u1ecdng c\u00f4ng nghi\u1ec7p Vi\u1ec7t Nam v\u01b0\u01a1n ra th\u1ebf gi\u1edbi.<\/p>\n
Nh\u01b0ng \u0111\u1ec3 duy tr\u00ec s\u1ef1 hi\u1ec7n di\u1ec7n \u0111\u00f3, t\u1eadp \u0111o\u00e0n m\u1eb9 Vingroup \u0111ang v\u1eadn h\u00e0nh m\u1ed9t c\u1ed7 m\u00e1y t\u00e0i ch\u00ednh ph\u1ee9c t\u1ea1p v\u00e0 \u0111\u1ea7y r\u1ee7i ro. B\u00e1o c\u00e1o t\u00e0i ch\u00ednh n\u1eeda \u0111\u1ea7u n\u0103m 2025 \u0111\u00e3 ph\u01a1i b\u00e0y m\u1ed9t c\u00e1ch chi ti\u1ebft c\u00e1i gi\u00e1 kh\u1ed5ng l\u1ed3 \u0111\u1eb1ng sau gi\u1ea5c m\u01a1 xe \u0111i\u1ec7n, n\u01a1i l\u1ee3i nhu\u1eadn t\u1eeb b\u1ea5t \u0111\u1ed9ng s\u1ea3n, c\u00e1c kho\u1ea3n vay h\u00e0ng tr\u0103m ngh\u00ecn t\u1ef7 v\u00e0 c\u1ea3 ti\u1ec1n t\u00fai c\u1ee7a ng\u01b0\u1eddi s\u00e1ng l\u1eadp \u0111ang \u0111\u01b0\u1ee3c huy \u0111\u1ed9ng \u0111\u1ec3 gi\u1eef cho con t\u00e0u VinFast ti\u1ebfp t\u1ee5c ti\u1ebfn v\u1ec1 ph\u00eda tr\u01b0\u1edbc.<\/p>\n
M\u1eb7c d\u00f9 Vingroup b\u00e1o c\u00e1o k\u1ebft qu\u1ea3 kinh doanh b\u1ec1 m\u1eb7t \u0111\u1ea7y \u1ea5n t\u01b0\u1ee3ng v\u1edbi doanh thu thu\u1ea7n g\u1ea7n 130,500 t\u1ef7 VND v\u00e0 l\u1ee3i nhu\u1eadn sau thu\u1ebf h\u01a1n 4.500 t\u1ef7 VND, nh\u1eefng con s\u1ed1 n\u00e0y kh\u00f4ng ph\u1ea3n \u00e1nh s\u1ee9c kh\u1ecfe t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ed1t l\u00f5i. Thay v\u00e0o \u0111\u00f3, ch\u00fang l\u00e0 k\u1ebft qu\u1ea3 c\u1ee7a m\u1ed9t lo\u1ea1t c\u00e1c nghi\u1ec7p v\u1ee5 t\u00e0i ch\u00ednh phi th\u01b0\u1eddng, \u0111\u01b0\u1ee3c thi\u1ebft k\u1ebf \u0111\u1ec3 b\u00f9 \u0111\u1eafp cho m\u1ed9t kho\u1ea3n l\u1ed7 kh\u1ed5ng l\u1ed3 mang t\u00ean VinFast.<\/p>\n
VinFast: c\u1ed7 m\u00e1y \u201c\u0111\u1ed1t ti\u1ec1n\u201d <\/strong><\/p>\n Tr\u00e1i tim c\u1ee7a b\u00e0i to\u00e1n t\u00e0i ch\u00ednh Vingroup n\u1eb1m \u1edf m\u1ea3ng s\u1ea3n xu\u1ea5t. Trong 6 th\u00e1ng \u0111\u1ea7u n\u0103m, VinFast v\u00e0 c\u00e1c ho\u1ea1t \u0111\u1ed9ng li\u00ean quan \u0111\u00e3 t\u1ea1o ra doanh thu g\u1ea7n 33,000 t\u1ef7 VND. Tuy nhi\u00ean, \u0111i k\u00e8m v\u1edbi \u0111\u00f3 l\u00e0 m\u1ed9t kho\u1ea3n l\u1ed7 tr\u01b0\u1edbc thu\u1ebf l\u00ean t\u1edbi h\u01a1n 25,300 t\u1ef7 VND.<\/p>\n \u0110\u1ec3 h\u00ecnh dung quy m\u00f4 c\u1ee7a con s\u1ed1 n\u00e0y, h\u00e3y so s\u00e1nh n\u00f3 v\u1edbi \u201ccon b\u00f2 s\u1eefa\u201d truy\u1ec1n th\u1ed1ng c\u1ee7a t\u1eadp \u0111o\u00e0n. C\u00f9ng k\u1ef3, m\u1ea3ng b\u1ea5t \u0111\u1ed9ng s\u1ea3n mang v\u1ec1 thu nh\u1eadp thu\u1ea7n h\u01a1n 24.300 t\u1ef7 VND. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 to\u00e0n b\u1ed9 l\u1ee3i nhu\u1eadn m\u00e0 Vingroup v\u1ea5t v\u1ea3 ki\u1ebfm \u0111\u01b0\u1ee3c t\u1eeb vi\u1ec7c b\u00e1n nh\u00e0 v\u00e0 c\u00e1c d\u1ef1 \u00e1n \u0111\u00e3 b\u1ecb kho\u1ea3n l\u1ed7 c\u1ee7a VinFast x\u00f3a s\u1ea1ch, v\u00e0 th\u1eadm ch\u00ed c\u00f2n kh\u00f4ng \u0111\u1ee7.<\/p>\n \u0110\u00e1ng ch\u00fa \u00fd, m\u1ed9t ph\u1ea7n kh\u00f4ng nh\u1ecf trong doanh thu c\u1ee7a VinFast l\u1ea1i \u0111\u1ebfn t\u1eeb \u201cng\u01b0\u1eddi nh\u00e0\u201d. Theo b\u00e1o c\u00e1o, Vingroup \u0111\u00e3 b\u00e1n cho h\u1ec7 sinh th\u00e1i GSM (h\u00e3ng taxi Xanh SM) m\u1ed9t l\u01b0\u1ee3ng h\u00e0ng h\u00f3a tr\u1ecb gi\u00e1 h\u01a1n 6.700 t\u1ef7 VND, chi\u1ebfm t\u1edbi 20.4% t\u1ed5ng doanh thu m\u1ea3ng s\u1ea3n xu\u1ea5t. Ngo\u00e0i ra, h\u1ec7 sinh th\u00e1i n\u00e0y c\u00f2n \u0111ang \u201cmua ch\u1ecbu\u201d c\u1ee7a VinFast g\u1ea7n 2,500 t\u1ef7 VND.<\/p>\n V\u1eady, Vingroup \u0111\u00e3 l\u1ea5y ti\u1ec1n t\u1eeb \u0111\u00e2u \u0111\u1ec3 b\u00f9 \u0111\u1eafp kho\u1ea3n th\u00e2m h\u1ee5t kh\u1ed5ng l\u1ed3 n\u00e0y? C\u00e2u tr\u1ea3 l\u1eddi n\u1eb1m \u1edf m\u1ed9t chi\u1ebfn l\u01b0\u1ee3c ba ch\u00e2n: b\u00e1n t\u00e0i s\u1ea3n trong m\u1ed9t h\u1ec7 sinh th\u00e1i t\u00e0i ch\u00ednh kh\u00e9p k\u00edn, li\u00ean t\u1ee5c vay n\u1ee3, v\u00e0 s\u1ef1 h\u1ed7 tr\u1ee3 tr\u1ef1c ti\u1ebfp t\u1eeb ch\u1ee7 t\u1ecbch.<\/p>\n \u201cBao ti\u1ec1n\u201d Techcombank<\/strong><\/p>\n \u0110\u1ec3 t\u1ea1o ra d\u00f2ng ti\u1ec1n v\u00e0 l\u1ee3i nhu\u1eadn \u0111\u1ed9t bi\u1ebfn, Vingroup \u0111\u00e3 d\u1ef1a v\u00e0o c\u00e1c th\u01b0\u01a1ng v\u1ee5 b\u00e1n t\u00e0i s\u1ea3n quy m\u00f4 l\u1edbn, n\u01a1i vai tr\u00f2 c\u1ee7a \u0111\u1ed1i t\u00e1c t\u00e0i ch\u00ednh chi\u1ebfn l\u01b0\u1ee3c Techcombank hi\u1ec7n l\u00ean r\u1ea5t r\u00f5 n\u00e9t.<\/p>\n \u201cNg\u00f4i sao\u201d s\u00e1ng nh\u1ea5t l\u00e0 th\u01b0\u01a1ng v\u1ee5 b\u00e1n C\u00f4ng ty C\u1ed5 ph\u1ea7n Tri\u1ec3n l\u00e3m Gi\u1ea3ng V\u00f5 (VEFAC), th\u00f4ng qua vi\u1ec7c b\u00e0n giao ph\u1ea7n l\u1edbn d\u1ef1 \u00e1n tr\u1ecdng \u0111i\u1ec3m Vinhomes C\u1ed5 Loa cho c\u00f4ng ty T&T, m\u1ed9t ph\u00e1p nh\u00e2n thu\u1ed9c t\u1eadp \u0111o\u00e0n Masterise m\u00e0 Techcombank \u0111\u1ee9ng sau. Th\u01b0\u01a1ng v\u1ee5 n\u00e0y mang v\u1ec1 kho\u1ea3n doanh thu kh\u1ed5ng l\u1ed3 44,600 t\u1ef7 VND v\u00e0 l\u1ee3i nhu\u1eadn 14,900 t\u1ef7 VND ch\u1ec9 trong qu\u00fd 1. Con s\u1ed1 l\u1ee3i nhu\u1eadn n\u00e0y th\u1eadm ch\u00ed c\u00f2n v\u01b0\u1ee3t xa k\u1ebf ho\u1ea1ch 10,000 t\u1ef7 VND c\u1ee7a c\u1ea3 t\u1eadp \u0111o\u00e0n trong n\u0103m 2025. Kh\u00f4ng ch\u1ec9 v\u1eady, b\u00e1o c\u00e1o t\u00e0i ch\u00ednh c\u1ee7a Vinhomes c\u00f2n cho th\u1ea5y Techcombank \u0111\u00e3 cho ch\u00ednh Vinhomes vay 2,500 t\u1ef7 VND \u0111\u1ec3 th\u1ef1c hi\u1ec7n d\u1ef1 \u00e1n n\u00e0y, th\u1ec3 hi\u1ec7n vai tr\u00f2 k\u00e9p v\u1eeba l\u00e0 \u0111\u1ed1i t\u00e1c, v\u1eeba l\u00e0 nh\u00e0 t\u00e0i tr\u1ee3 v\u1ed1n.<\/p>\n M\u00f4 h\u00ecnh h\u1ee3p t\u00e1c trong h\u1ec7 sinh th\u00e1i n\u00e0y ti\u1ebfp t\u1ee5c \u0111\u01b0\u1ee3c th\u1ec3 hi\u1ec7n qua th\u01b0\u01a1ng v\u1ee5 tho\u00e1i v\u1ed1n kh\u1ecfi c\u00f4ng ty con Lighthouse 2, thu v\u1ec1 h\u01a1n 2,600 t\u1ef7 VND ti\u1ec1n m\u1eb7t. B\u00ean mua l\u00e0 LH2 Holding, m\u1ed9t c\u00f4ng ty con c\u1ee7a CapitaLand \u2013 v\u1ed1n l\u00e0 m\u1ed9t \u0111\u1ed1i t\u00e1c t\u00edn d\u1ee5ng quen thu\u1ed9c c\u1ee7a Techcombank. M\u1ed1i li\u00ean h\u1ec7 n\u00e0y c\u00e0ng tr\u1edf n\u00ean r\u00f5 n\u00e9t h\u01a1n khi gi\u00e1m \u0111\u1ed1c c\u1ee7a m\u1ed9t c\u00f4ng ty con kh\u00e1c thu\u1ed9c CapitaLand l\u00e0 \u00f4ng L\u01b0\u01a1ng Phan S\u01a1n, m\u1ed9t nh\u00e2n s\u1ef1 c\u00f3 li\u00ean h\u1ec7 m\u1eadt thi\u1ebft v\u1edbi Techcombank.<\/p>\n C\u00f9ng v\u1edbi vi\u1ec7c b\u00e1n c\u00f4ng ty Movian AI cho Qualcomm thu v\u1ec1 g\u1ea7n 1,700 t\u1ef7 VND, c\u00e1c giao d\u1ecbch n\u00e0y \u0111\u00e3 tr\u1edf th\u00e0nh nh\u1eefng \u201cm\u0169i ti\u00eam\u201d t\u00e0i ch\u00ednh tr\u1ef1c ti\u1ebfp, gi\u00fap Vingroup c\u00f3 \u0111\u01b0\u1ee3c thanh kho\u1ea3n v\u00e0 l\u1ee3i nhu\u1eadn c\u1ea7n thi\u1ebft \u0111\u1ec3 l\u00e0m \u0111\u1eb9p b\u00e1o c\u00e1o t\u00e0i ch\u00ednh.<\/p>\n C\u1ed7 m\u00e1y \u201cchi\u1ebfm d\u1ee5ng v\u1ed1n\u201d kh\u1ed5ng l\u1ed3<\/strong><\/p>\n \u0110\u00e2y l\u00e0 m\u1ed9t trong nh\u1eefng b\u00ed m\u1eadt t\u00e0i ch\u00ednh quan tr\u1ecdng nh\u1ea5t c\u1ee7a Vingroup. B\u00e1o c\u00e1o cho th\u1ea5y d\u00f2ng ti\u1ec1n thu\u1ea7n t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh (CFO) \u0111\u1ea1t con s\u1ed1 d\u01b0\u01a1ng \u1ea5n t\u01b0\u1ee3ng, h\u01a1n 70,700 t\u1ef7 VND. Tuy nhi\u00ean, khi nh\u00ecn v\u00e0o b\u1ea3n ch\u1ea5t, d\u00f2ng ti\u1ec1n n\u00e0y l\u1ea1i kh\u00f4ng \u0111\u1ebfn t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ed1t l\u00f5i. C\u1ee5 th\u1ec3, m\u1eb7c d\u00f9 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf v\u00e0 c\u00e1c \u0111i\u1ec1u ch\u1ec9nh t\u1ea1o ra g\u1ea7n 42,900 t\u1ef7 VND, nh\u01b0ng c\u00e1c kho\u1ea3n chi ra r\u1ea5t l\u1edbn cho h\u00e0ng t\u1ed3n kho, l\u00e3i vay v\u00e0 thu\u1ebf \u0111\u00e3 l\u00e0m cho d\u00f2ng ti\u1ec1n n\u00e0y \u00e2m n\u1eb7ng.<\/p>\n V\u1eady, con s\u1ed1 d\u01b0\u01a1ng h\u01a1n 70,700 t\u1ef7 VND \u0111\u1ebfn t\u1eeb \u0111\u00e2u? C\u00e2u tr\u1ea3 l\u1eddi n\u1eb1m \u1edf kho\u1ea3n m\u1ee5c \u201cT\u0103ng c\u00e1c kho\u1ea3n ph\u1ea3i tr\u1ea3\u201d, mang l\u1ea1i m\u1ed9t d\u00f2ng ti\u1ec1n d\u01b0\u01a1ng kh\u1ed5ng l\u1ed3 l\u00ean t\u1edbi h\u01a1n 65,200 t\u1ef7 VND. V\u1ec1 b\u1ea3n ch\u1ea5t, \u0111\u00e2y ch\u00ednh l\u00e0 kho\u1ea3n ti\u1ec1n m\u00e0 Vingroup \u0111\u00e3 \u201cchi\u1ebfm d\u1ee5ng\u201d t\u1eeb c\u00e1c nh\u00e0 cung c\u1ea5p, nh\u00e0 th\u1ea7u v\u00e0 \u0111\u1ed1i t\u00e1c, b\u1eb1ng c\u00e1ch k\u00e9o d\u00e0i th\u1eddi gian thanh to\u00e1n cho h\u1ecd.<\/p>\n \u201cC\u1ee7a \u0111\u1ec3 d\u00e0nh\u201d t\u1eeb kh\u00e1ch h\u00e0ng: Kho\u1ea3n m\u1ee5c \u201cNg\u01b0\u1eddi mua tr\u1ea3 ti\u1ec1n tr\u01b0\u1edbc\u201d v\u00e0 \u201cDoanh thu ch\u01b0a th\u1ef1c hi\u1ec7n\u201d v\u1edbi t\u1ed5ng gi\u00e1 tr\u1ecb l\u00ean t\u1edbi 122,353 t\u1ef7 VND. \u0110\u00e2y l\u00e0 l\u01b0\u1ee3ng ti\u1ec1n m\u1eb7t th\u1ef1c t\u1ebf Vingroup \u0111\u00e3 thu v\u1ec1 t\u1eeb kh\u00e1ch h\u00e0ng cho c\u00e1c s\u1ea3n ph\u1ea9m s\u1ebd b\u00e0n giao trong t\u01b0\u01a1ng lai.<\/p>\n \u201cG\u00e1nh n\u1eb7ng ngh\u0129a v\u1ee5\u201d v\u1edbi \u0111\u1ed1i t\u00e1c: T\u1ed5ng c\u00e1c kho\u1ea3n Vingroup \u0111ang chi\u1ebfm d\u1ee5ng v\u1ed1n t\u1eeb nh\u00e0 cung c\u1ea5p v\u00e0 \u0111\u1ed1i t\u00e1c chi\u1ebfn l\u01b0\u1ee3c, bao g\u1ed3m \u201cPh\u1ea3i tr\u1ea3 ng\u01b0\u1eddi b\u00e1n,\u201d \u201cChi ph\u00ed ph\u1ea3i tr\u1ea3\u201d v\u00e0 \u201cPh\u1ea3i tr\u1ea3 kh\u00e1c\u201d l\u00ean t\u1edbi con s\u1ed1 kh\u1ed5ng l\u1ed3, g\u1ea7n 355,600 t\u1ef7 VND.<\/p>\n Khi \u0111\u1eb7t l\u00ean b\u00e0n c\u00e2n, m\u1ed9t b\u1ee9c tranh r\u00f5 r\u00e0ng v\u1ec1 \u00e1p l\u1ef1c t\u00e0i ch\u00ednh hi\u1ec7n ra. Con s\u1ed1 ch\u00eanh l\u1ec7ch d\u01b0\u01a1ng h\u01a1n 233,600 t\u1ef7 VND cho th\u1ea5y l\u01b0\u1ee3ng v\u1ed1n Vingroup \u0111ang n\u1ee3 c\u00e1c \u0111\u1ed1i t\u00e1c v\u00e0 nh\u00e0 cung c\u1ea5p v\u01b0\u1ee3t xa l\u01b0\u1ee3ng ti\u1ec1n \u0111\u00e3 thu tr\u01b0\u1edbc t\u1eeb kh\u00e1ch h\u00e0ng. \u201cC\u1ee7a \u0111\u1ec3 d\u00e0nh\u201d kh\u00f4ng \u0111\u1ee7 \u0111\u1ec3 trang tr\u1ea3i cho \u201cg\u00e1nh n\u1eb7ng ngh\u0129a v\u1ee5.\u201d S\u1ef1 ch\u00eanh l\u1ec7ch n\u00e0y ch\u00ednh l\u00e0 l\u1ed7 h\u1ed5ng v\u1ed1n l\u01b0u \u0111\u1ed9ng m\u00e0 Vingroup ph\u1ea3i li\u00ean t\u1ee5c t\u00ecm c\u00e1c ngu\u1ed3n t\u00e0i tr\u1ee3 kh\u00e1c, ch\u1ee7 y\u1ebfu l\u00e0 c\u00e1c kho\u1ea3n vay t\u00e0i ch\u00ednh, \u0111\u1ec3 b\u00f9 \u0111\u1eafp, t\u1ea1o ra m\u1ed9t \u00e1p l\u1ef1c thanh kho\u1ea3n th\u01b0\u1eddng tr\u1ef1c.<\/p>\n V\u00f2ng xo\u00e1y \u201c\u0111\u1ea3o n\u1ee3\u201d \u0111\u1ec3 t\u1ed3n t\u1ea1i<\/strong><\/p>\n \u0110\u00e2y ch\u00ednh l\u00e0 m\u1ea1ch m\u00e1u t\u00e0i ch\u00ednh duy tr\u00ec s\u1ef1 t\u1ed3n t\u1ea1i c\u1ee7a t\u1eadp \u0111o\u00e0n. T\u1ea1i ng\u00e0y 30 Th\u00e1ng S\u00e1u, 2025, t\u1ed5ng n\u1ee3 vay t\u00e0i ch\u00ednh c\u1ee7a Vingroup \u0111\u00e3 l\u00ean t\u1edbi con s\u1ed1 kh\u1ed5ng l\u1ed3 l\u00e0 h\u01a1n 282,700 t\u1ef7 VND. \u00c1p l\u1ef1c kh\u00f4ng ch\u1ec9 \u0111\u1ebfn t\u1eeb quy m\u00f4, m\u00e0 c\u00f2n t\u1eeb s\u1ef1 c\u1ea5p b\u00e1ch: c\u00f3 t\u1edbi 122,630 t\u1ef7 VND (kho\u1ea3ng 43% t\u1ed5ng n\u1ee3) s\u1ebd \u0111\u1ebfn h\u1ea1n ph\u1ea3i tr\u1ea3 ch\u1ec9 trong v\u00f2ng m\u1ed9t n\u0103m t\u1edbi.<\/p>\n G\u00e1nh n\u1eb7ng n\u00e0y \u0111\u01b0\u1ee3c c\u1ee5 th\u1ec3 h\u00f3a b\u1eb1ng chi ph\u00ed l\u00e3i vay v\u00e0 c\u00e1c chi ph\u00ed li\u00ean quan: h\u01a1n 13,700 t\u1ef7 VND trong 6 th\u00e1ng. Con s\u1ed1 n\u00e0y t\u01b0\u01a1ng \u0111\u01b0\u01a1ng m\u1ed7i ng\u00e0y Vingroup ph\u1ea3i ch\u1ecbu m\u1ed9t g\u00e1nh n\u1eb7ng t\u00e0i ch\u00ednh 76,2 t\u1ef7 VND.<\/p>\n V\u00e0 \u0111\u00e2y l\u00e0 \u0111i\u1ec3m m\u1ea5u ch\u1ed1t c\u1ee7a v\u1ea5n \u0111\u1ec1: sau khi l\u1ea5y t\u1ea5t c\u1ea3 doanh thu tr\u1eeb \u0111i c\u00e1c chi ph\u00ed c\u1ed1t l\u00f5i (ch\u01b0a t\u00ednh l\u00e3i vay), l\u1ee3i nhu\u1eadn m\u00e0 to\u00e0n b\u1ed9 ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ee7a t\u1eadp \u0111o\u00e0n t\u1ea1o ra ch\u1ec9 \u0111\u1ea1t kho\u1ea3ng h\u01a1n 4,700 t\u1ef7 VND. Con s\u1ed1 n\u00e0y cho th\u1ea5y m\u1ed9t th\u1ef1c t\u1ebf \u0111\u00e1ng b\u00e1o \u0111\u1ed9ng: l\u1ee3i nhu\u1eadn t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh ch\u1ec9 \u0111\u1ee7 \u0111\u1ec3 trang tr\u1ea3i kho\u1ea3ng m\u1ed9t ph\u1ea7n ba (34%) chi ph\u00ed l\u00e3i vay.<\/p>\n S\u1ef1 m\u1ea5t c\u00e2n \u0111\u1ed1i tr\u1ea7m tr\u1ecdng n\u00e0y bu\u1ed9c Vingroup ph\u1ea3i b\u01b0\u1edbc v\u00e0o m\u1ed9t \u201cv\u00f2ng xo\u00e1y \u0111\u1ea3o n\u1ee3\u201d li\u00ean t\u1ee5c \u0111\u1ec3 t\u1ed3n t\u1ea1i. B\u00e1o c\u00e1o l\u01b0u chuy\u1ec3n ti\u1ec1n t\u1ec7 l\u00e0 b\u1eb1ng ch\u1ee9ng r\u00f5 r\u00e0ng nh\u1ea5t. Trong 6 th\u00e1ng, Vingroup \u0111\u00e3 thu v\u1ec1 h\u01a1n 130,400 t\u1ef7 VND t\u1eeb vi\u1ec7c \u0111i vay, nh\u01b0ng ch\u1ec9 d\u00f9ng g\u1ea7n 78,200 t\u1ef7 VND \u0111\u1ec3 tr\u1ea3 n\u1ee3 g\u1ed1c.<\/p>\n L\u01b0\u1ee3ng ti\u1ec1n vay m\u1edbi nhi\u1ec1u h\u01a1n tr\u1ea3 n\u1ee3 c\u0169 \u0111\u00e3 t\u1ea1o ra m\u1ed9t d\u00f2ng ti\u1ec1n r\u00f2ng d\u01b0\u01a1ng h\u01a1n 52,000 t\u1ef7 VND. \u0110\u00e2y kh\u00f4ng ph\u1ea3i l\u00e0 d\u00f2ng ti\u1ec1n \u0111\u1ec3 m\u1edf r\u1ed9ng kinh doanh, m\u00e0 l\u00e0 d\u00f2ng ti\u1ec1n sinh t\u1ed3n, gi\u00fap t\u1eadp \u0111o\u00e0n b\u00f9 \u0111\u1eafp cho th\u00e2m h\u1ee5t t\u1eeb ho\u1ea1t \u0111\u1ed9ng \u0111\u1ea7u t\u01b0 v\u00e0 kinh doanh. B\u1eb1ng ch\u1ee9ng r\u00f5 r\u00e0ng nh\u1ea5t c\u1ee7a vi\u1ec7c \u201c\u0111\u1ea3o n\u1ee3\u201d khi Vingroup ghi nh\u1eadn \u0111\u00e3 d\u00f9ng t\u1edbi h\u01a1n 19,000 t\u1ef7 VND \u0111\u1ec3 tr\u1ea3 tr\u01b0\u1edbc cho c\u00e1c kho\u1ea3n vay s\u1ebd \u0111\u00e1o h\u1ea1n trong t\u01b0\u01a1ng lai. V\u1ec1 b\u1ea3n ch\u1ea5t, \u0111\u00e2y l\u00e0 h\u00e0nh \u0111\u1ed9ng d\u00f9ng m\u1ed9t kho\u1ea3n vay m\u1edbi (c\u00f3 th\u1ec3 c\u00f3 k\u1ef3 h\u1ea1n d\u00e0i h\u01a1n ho\u1eb7c l\u00e3i su\u1ea5t cao h\u01a1n) \u0111\u1ec3 thanh to\u00e1n s\u1edbm cho m\u1ed9t ngh\u0129a v\u1ee5 c\u0169, nh\u1eb1m \u201cmua th\u00eam th\u1eddi gian\u201d v\u00e0 gi\u1ea3m \u00e1p l\u1ef1c thanh kho\u1ea3n tr\u01b0\u1edbc m\u1eaft.<\/p>\n Ph\u00e2n t\u00edch s\u00e2u h\u01a1n cho th\u1ea5y, trong s\u1ed1 c\u00e1c kho\u1ea3n chi\u1ebfm d\u1ee5ng v\u1ed1n, c\u00f3 t\u1edbi h\u01a1n 159,000 t\u1ef7 VND \u0111\u1ebfn t\u1eeb vi\u1ec7c \u201cNh\u1eadn \u0111\u1eb7t c\u1ecdc, g\u00f3p v\u1ed1n theo H\u0110 H\u1ee3p t\u00e1c \u0110\u1ea7u t\u01b0\u201d v\u1edbi c\u00e1c \u0111\u1ed1i t\u00e1c l\u1edbn, ch\u1ee9 kh\u00f4ng ph\u1ea3i t\u1eeb kh\u00e1ch h\u00e0ng c\u00e1 nh\u00e2n. \u0110i\u1ec1u n\u00e0y l\u00e0m n\u1ed5i b\u1eadt chi\u1ebfn l\u01b0\u1ee3c huy \u0111\u1ed9ng v\u1ed1n t\u1eeb c\u00e1c b\u00ean th\u1ee9 ba \u0111\u1ec3 t\u00e0i tr\u1ee3 cho ho\u1ea1t \u0111\u1ed9ng kinh doanh, m\u00e0 m\u1ed9t ph\u1ea7n m\u00e0 m\u1ed9t ph\u1ea7n trong s\u1ed1 \u0111\u00f3 c\u00f3 th\u1ec3 l\u00e0 c\u00e1c kho\u1ea3n n\u1ee3 vay \u1ea9n t\u1eeb Techcombank d\u01b0\u1edbi danh ngh\u0129a \u0111\u1ea7u t\u01b0 nh\u01b0 tr\u01b0\u1eddng h\u1ee3p Nam An tr\u01b0\u1edbc \u0111\u00e2y cho ta th\u1ea5y m\u1ed9t ph\u1ea7n c\u1ee7a \u201ct\u1ea3ng b\u0103ng ch\u00ecm\u201d t\u00edn d\u1ee5ng c\u1ee7a Vingroup.<\/p>\n \u201cPhao c\u1ee9u sinh\u201d Ph\u1ea1m Nh\u1eadt V\u01b0\u1ee3ng<\/strong><\/p>\n Khi t\u1ea5t c\u1ea3 c\u00e1c c\u01a1 ch\u1ebf tr\u00ean v\u1eabn l\u00e0 ch\u01b0a \u0111\u1ee7, y\u1ebfu t\u1ed1 cu\u1ed1i c\u00f9ng quy\u1ebft \u0111\u1ecbnh b\u1ee9c tranh l\u1ee3i nhu\u1eadn c\u1ee7a Vingroup \u0111\u1ebfn t\u1eeb s\u1ef1 h\u1ed7 tr\u1ee3 t\u00e0i ch\u00ednh c\u00e1 nh\u00e2n c\u1ee7a Ch\u1ee7 t\u1ecbch Ph\u1ea1m Nh\u1eadt V\u01b0\u1ee3ng. Ch\u1ec9 trong n\u1eeda \u0111\u1ea7u n\u0103m 2025, \u00f4ng V\u01b0\u1ee3ng \u0111\u00e3 t\u00e0i tr\u1ee3 cho t\u1eadp \u0111o\u00e0n m\u1ed9t kho\u1ea3n ti\u1ec1n kh\u1ed5ng l\u1ed3 l\u00e0 23,000 t\u1ef7 VND.<\/p>\n N\u1ebfu kh\u00f4ng c\u00f3 \u201cphao c\u1ee9u sinh\u201d n\u00e0y, Vingroup \u01b0\u1edbc t\u00ednh s\u1ebd l\u1ed7 sau thu\u1ebf g\u1ea7n 17,800 t\u1ef7 VND. \u0110i\u1ec1u n\u00e0y kh\u1eb3ng \u0111\u1ecbnh r\u1eb1ng, l\u1ee3i nhu\u1eadn d\u01b0\u01a1ng m\u00e0 t\u1eadp \u0111o\u00e0n b\u00e1o c\u00e1o kh\u00f4ng ph\u1ea3n \u00e1nh s\u1ee9c kh\u1ecfe n\u1ed9i t\u1ea1i, m\u00e0 l\u00e0 k\u1ebft qu\u1ea3 tr\u1ef1c ti\u1ebfp c\u1ee7a c\u00e1c nghi\u1ec7p v\u1ee5 t\u00e0i ch\u00ednh phi th\u01b0\u1eddng v\u00e0 s\u1ef1 cam k\u1ebft t\u00e0i ch\u00ednh c\u00e1 nh\u00e2n c\u1ee7a ng\u01b0\u1eddi s\u00e1ng l\u1eadp.<\/p>\n T\u00f3m l\u1ea1i, to\u00e0n b\u1ed9 c\u1ed7 m\u00e1y t\u00e0i ch\u00ednh ph\u1ee9c t\u1ea1p c\u1ee7a Vingroup, v\u1edbi s\u1ef1 tham gia m\u1eadt thi\u1ebft c\u1ee7a Techcombank v\u00e0 \u0111\u1ed1i t\u00e1c trong m\u1ed9t h\u1ec7 sinh th\u00e1i kh\u00e9p k\u00edn, \u0111ang \u0111\u01b0\u1ee3c huy \u0111\u1ed9ng cho m\u1ed9t m\u1ee5c ti\u00eau t\u1ed1i th\u01b0\u1ee3ng: t\u00e0i tr\u1ee3 cho tham v\u1ecdng to\u00e0n c\u1ea7u c\u1ee7a VinFast. L\u1ee3i nhu\u1eadn t\u1eeb b\u1ea5t \u0111\u1ed9ng s\u1ea3n, ti\u1ec1n m\u1eb7t t\u1eeb b\u00e1n t\u00e0i s\u1ea3n v\u00e0 m\u1ed9t d\u00f2ng ch\u1ea3y n\u1ee3 vay kh\u00f4ng ng\u1eebng ngh\u1ec9 \u0111\u1ec1u \u0111ang \u0111\u01b0\u1ee3c \u0111\u1eb7t c\u01b0\u1ee3c v\u00e0o th\u00e0nh c\u00f4ng c\u1ee7a m\u1ed9t canh b\u1ea1c m\u00e0 \u1edf \u0111\u00f3, t\u01b0\u01a1ng lai c\u1ee7a c\u1ea3 m\u1ed9t h\u1ec7 sinh th\u00e1i \u0111ang \u0111\u01b0\u1ee3c \u0111\u00e1nh \u0111\u1ed5i.<\/p>\n The post Tham v\u1ecdng VinFast v\u00e0 canh b\u1ea1c t\u00e0i ch\u00ednh c\u1ee7a Vingroup<\/a> appeared first on Saigon Nh\u1ecf<\/a>.<\/p>\n \u00a0<\/p>","protected":false},"excerpt":{"rendered":" V\u1edbi c\u1ed9ng \u0111\u1ed3ng qu\u1ed1c t\u1ebf, VinFast l\u00e0 b\u1ed9 m\u1eb7t c\u1ee7a m\u1ed9t tham v\u1ecdng c\u00f4ng nghi\u1ec7p Vi\u1ec7t Nam v\u01b0\u01a1n ra th\u1ebf gi\u1edbi. Nh\u01b0ng \u0111\u1ec3 duy tr\u00ec s\u1ef1 hi\u1ec7n di\u1ec7n \u0111\u00f3, t\u1eadp \u0111o\u00e0n m\u1eb9 Vingroup \u0111ang v\u1eadn h\u00e0nh m\u1ed9t c\u1ed7 m\u00e1y t\u00e0i ch\u00ednh ph\u1ee9c t\u1ea1p v\u00e0 \u0111\u1ea7y r\u1ee7i ro. B\u00e1o c\u00e1o t\u00e0i ch\u00ednh n\u1eeda \u0111\u1ea7u n\u0103m 2025 …<\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[239],"tags":[],"class_list":["post-59964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-vietnam"],"_links":{"self":[{"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/posts\/59964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/comments?post=59964"}],"version-history":[{"count":0,"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/posts\/59964\/revisions"}],"wp:attachment":[{"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/media?parent=59964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/categories?post=59964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/tags?post=59964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}