{"id":15037,"date":"2026-05-15T13:44:34","date_gmt":"2026-05-15T06:44:34","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/15\/vinfast-tai-cau-truc-va-nhung-hoai-nghi-ve-chien-luoc-rut-lui\/"},"modified":"2026-05-15T13:44:34","modified_gmt":"2026-05-15T06:44:34","slug":"vinfast-tai-cau-truc-va-nhung-hoai-nghi-ve-chien-luoc-rut-lui","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/15\/vinfast-tai-cau-truc-va-nhung-hoai-nghi-ve-chien-luoc-rut-lui\/","title":{"rendered":"VinFast t\u00e1i c\u1ea5u tr\u00fac v\u00e0 nh\u1eefng ho\u00e0i nghi v\u1ec1 chi\u1ebfn l\u01b0\u1ee3c r\u00fat lui"},"content":{"rendered":"
\n

VinFast t\u00e1i c\u1ea5u tr\u00fac \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m thu h\u00fat s\u1ef1 ch\u00fa \u00fd c\u1ee7a d\u01b0 lu\u1eadn v\u00e0 gi\u1edbi quan s\u00e1t khi nh\u1eefng th\u00f4ng tin v\u1ec1 vi\u1ec7c chia t\u00e1ch t\u00e0i s\u1ea3n v\u00e0 tho\u00e1i v\u1ed1n \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 ch\u00ednh th\u1ee9c tr\u00ean \u1ee6y ban Ch\u1ee9ng kho\u00e1n M\u1ef9 (SEC). Trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng, kh\u00f4ng \u00edt \u00fd ki\u1ebfn \u0111\u1eb7t ra nghi v\u1ea5n li\u1ec7u \u0111\u00e2y c\u00f3 ph\u1ea3i l\u00e0 chi\u00eau b\u00e0i ve s\u1ea7u tho\u00e1t x\u00e1c nh\u1eb1m r\u00fat lui kh\u1ecfi l\u0129nh v\u1ef1c s\u1ea3n xu\u1ea5t \u00f4 t\u00f4 \u0111\u1ea7y kh\u1ed1c li\u1ec7t. Tuy nhi\u00ean, nh\u00ecn s\u00e2u v\u00e0o b\u1ea3n ch\u1ea5t c\u1ee7a c\u00e1c b\u01b0\u1edbc \u0111i n\u00e0y, b\u1ee9c tranh t\u00e1i c\u1ea5u tr\u00fac c\u1ee7a VinFast hi\u1ec7n ra v\u1edbi nh\u1eefng m\u1ee5c ti\u00eau v\u1eadn h\u00e0nh c\u1ee5 th\u1ec3 h\u01a1n l\u00e0 m\u1ed9t cu\u1ed9c th\u00e1o ch\u1ea1y.<\/p>\n

\n \"VinFast
\u1ea2nh t\u1eeb ngu\u1ed3n: cafef.vn<\/em><\/figcaption><\/figure>\n

B\u1ea3n ch\u1ea5t \u0111\u1eb1ng sau k\u1ebf ho\u1ea1ch VinFast t\u00e1i c\u1ea5u tr\u00fac<\/h2>\n

Theo nh\u1eefng th\u00f4ng tin \u0111\u01b0\u1ee3c b\u00e0 Th\u00e1i Th\u1ecb Thanh H\u1ea3i, Ph\u00f3 T\u1ed5ng Gi\u00e1m \u0111\u1ed1c VinFast x\u00e1c nh\u1eadn, k\u1ebf ho\u1ea1ch n\u00e0y xoay quanh vi\u1ec7c C\u00f4ng ty C\u1ed5 ph\u1ea7n NC \u0110\u1ea7u t\u01b0 v\u00e0 Ph\u00e1t tri\u1ec3n T\u01b0\u01a1ng Lai c\u00f9ng \u00f4ng Ph\u1ea1m Nh\u1eadt V\u01b0\u1ee3ng mua l\u1ea1i m\u1ed9t ph\u1ea7n t\u00e0i s\u1ea3n c\u1ee7a VinFast Vi\u1ec7t Nam, c\u1ee5 th\u1ec3 l\u00e0 hai nh\u00e0 m\u00e1y t\u1ea1i H\u1ea3i Ph\u00f2ng v\u00e0 H\u00e0 T\u0129nh v\u1edbi gi\u00e1 tr\u1ecb chuy\u1ec3n nh\u01b0\u1ee3ng g\u1ea7n 13.310 t\u1ef7 \u0111\u1ed3ng. \u0110i\u1ec3m m\u1ea5u ch\u1ed1t \u1edf \u0111\u00e2y kh\u00f4ng ch\u1ec9 n\u1eb1m \u1edf con s\u1ed1 t\u00e0i s\u1ea3n, m\u00e0 l\u00e0 vi\u1ec7c b\u00ean mua \u0111\u1ed3ng th\u1eddi ti\u1ebfp nh\u1eadn ph\u1ea7n l\u1edbn n\u1ee3 v\u00e0 ngh\u0129a v\u1ee5 t\u00e0i ch\u00ednh c\u1ee7a doanh nghi\u1ec7p, v\u1edbi t\u1ed5ng gi\u00e1 tr\u1ecb l\u00ean t\u1edbi kho\u1ea3ng 182 ngh\u00ecn t\u1ef7 \u0111\u1ed3ng t\u00ednh \u0111\u1ebfn cu\u1ed1i th\u00e1ng 3 n\u0103m 2026.<\/p>\n

Th\u1ef1c t\u1ebf cho th\u1ea5y m\u1ed9t ngh\u1ecbch l\u00fd l\u00e0 trong khi th\u1ecb tr\u01b0\u1eddng \u0111\u1ea7y r\u1eaby nh\u1eefng lo ng\u1ea1i v\u1ec1 s\u1ee9c kh\u1ecfe t\u00e0i ch\u00ednh c\u1ee7a c\u00e1c t\u1eadp \u0111o\u00e0n l\u1edbn, th\u00ec VinFast l\u1ea1i ch\u1ecdn c\u00e1ch ph\u00e2n t\u00e1ch r\u00f5 r\u00e0ng gi\u1eefa ho\u1ea1t \u0111\u1ed9ng s\u1ea3n xu\u1ea5t v\u00e0 kinh doanh to\u00e0n c\u1ea7u. Vi\u1ec7c t\u00e1ch c\u00e1c b\u1ed9 ph\u1eadn c\u1ed1t l\u00f5i kh\u1ecfi VinFast Trading and Production JSC (VFTP) l\u00e0 m\u1ed9t n\u01b0\u1edbc \u0111i chi\u1ebfn l\u01b0\u1ee3c nh\u1eb1m t\u1ed1i \u01b0u h\u00f3a chi ph\u00ed t\u00e0i ch\u00ednh v\u00e0 kh\u1ea5u hao. Vi\u1ec7c ki\u1ec3m so\u00e1t n\u1ee3 vay hi\u1ec7u qu\u1ea3 th\u00f4ng qua c\u1ea5u tr\u00fac m\u1edbi gi\u00fap doanh nghi\u1ec7p gi\u1ea3m b\u1edbt \u00e1p l\u1ef1c tr\u1ef1c ti\u1ebfp l\u00ean t\u1eadp \u0111o\u00e0n m\u1eb9 Vingroup, t\u1ea1o d\u01b0 \u0111\u1ecba \u0111\u1ec3 t\u1eadp trung ngu\u1ed3n l\u1ef1c cho c\u00e1c giai \u0111o\u1ea1n ph\u00e1t tri\u1ec3n ti\u1ebfp theo.<\/p>\n

Quy\u1ec1n l\u1ee3i kh\u00e1ch h\u00e0ng v\u00e0 t\u01b0\u01a1ng lai s\u1ea3n xu\u1ea5t \u00f4 t\u00f4<\/h2>\n

Tr\u01b0\u1edbc nh\u1eefng lo ng\u1ea1i v\u1ec1 vi\u1ec7c li\u1ec7u VinFast t\u00e1i c\u1ea5u tr\u00fac c\u00f3 l\u00e0m \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn cam k\u1ebft v\u1edbi ng\u01b0\u1eddi ti\u00eau d\u00f9ng hay kh\u00f4ng, l\u00e3nh \u0111\u1ea1o h\u00e3ng xe \u0111\u00e3 \u0111\u01b0a ra nh\u1eefng kh\u1eb3ng \u0111\u1ecbnh ch\u1eafc ch\u1eafn. Vi\u1ec7c chuy\u1ec3n \u0111\u1ed5i m\u00f4 h\u00ecnh s\u1ea3n xu\u1ea5t sang h\u00ecnh th\u1ee9c thu\u00ea ngo\u00e0i th\u00f4ng qua \u0111\u01a1n \u0111\u1eb7t h\u00e0ng t\u1eeb C\u00f4ng ty T\u01b0\u01a1ng Lai kh\u00f4ng \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c h\u1ea1 th\u1ea5p ti\u00eau chu\u1ea9n k\u1ef9 thu\u1eadt. VinFast v\u1eabn gi\u1eef vai tr\u00f2 ki\u1ec3m so\u00e1t ch\u1ea5t l\u01b0\u1ee3ng nghi\u00eam ng\u1eb7t \u0111\u1ed1i v\u1edbi m\u1ecdi s\u1ea3n ph\u1ea9m tr\u01b0\u1edbc khi xu\u1ea5t x\u01b0\u1edfng. M\u1ea1ng l\u01b0\u1edbi b\u00e1n h\u00e0ng, ch\u00ednh s\u00e1ch b\u1ea3o h\u00e0nh v\u00e0 h\u1ec7 th\u1ed1ng h\u1eadu m\u00e3i v\u1eabn \u0111\u01b0\u1ee3c duy tr\u00ec v\u00e0 n\u00e2ng c\u1ea5p theo l\u1ed9 tr\u00ecnh \u0111\u00e3 cam k\u1ebft.<\/p>\n

\u0110i\u1ec1u n\u00e0y cho th\u1ea5y, d\u00f9 m\u00f4 h\u00ecnh s\u1edf h\u1eefu c\u00f3 s\u1ef1 thay \u0111\u1ed5i, nh\u01b0ng cam k\u1ebft c\u1ee7a VinFast \u0111\u1ed1i v\u1edbi kh\u00e1ch h\u00e0ng l\u00e0 y\u1ebfu t\u1ed1 c\u1ed1t l\u00f5i \u0111\u01b0\u1ee3c \u01b0u ti\u00ean. Khi nh\u00ecn nh\u1eadn v\u1ea5n \u0111\u1ec1 n\u00e0y t\u1eeb g\u00f3c \u0111\u1ed9 qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p, vi\u1ec7c t\u00e1i c\u1ea5u tr\u00fac th\u1ef1c ch\u1ea5t l\u00e0 c\u00e1ch th\u1ee9c \u0111\u1ec3 \u0111\u01a1n v\u1ecb s\u1ea3n xu\u1ea5t t\u1eadp trung v\u00e0o chuy\u00ean m\u00f4n h\u00f3a, trong khi \u0111\u01a1n v\u1ecb th\u01b0\u01a1ng m\u1ea1i t\u1eadp trung v\u00e0o th\u1ecb tr\u01b0\u1eddng v\u00e0 tr\u1ea3i nghi\u1ec7m kh\u00e1ch h\u00e0ng. S\u1ef1 t\u00e1ch bi\u1ec7t n\u00e0y gi\u00fap c\u1ea3 hai th\u1ef1c th\u1ec3 v\u1eadn h\u00e0nh linh ho\u1ea1t h\u01a1n trong m\u00f4i tr\u01b0\u1eddng kinh doanh \u0111\u1ea7y c\u1ea1nh tranh.<\/p>\n

T\u1ea7m nh\u00ecn v\u1ec1 s\u1ef1 \u1ed5n \u0111\u1ecbnh v\u00e0 ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng<\/h2>\n

Nh\u00ecn r\u1ed9ng h\u01a1n, k\u1ebf ho\u1ea1ch n\u00e0y ph\u1ea3n \u00e1nh n\u1ed7 l\u1ef1c \u0111\u01b0a VinFast tr\u1edf th\u00e0nh m\u1ed9t t\u00e0i s\u1ea3n mang l\u1ea1i gi\u00e1 tr\u1ecb th\u1ef1c thay v\u00ec l\u00e0 n\u01a1i ti\u00eau t\u1ed1n ngu\u1ed3n l\u1ef1c c\u1ee7a Vingroup. M\u1ee5c ti\u00eau \u0111\u1ea1t l\u1ee3i nhu\u1eadn t\u1eeb n\u0103m 2027 l\u00e0 m\u1ed9t b\u00e0i to\u00e1n kinh t\u1ebf \u0111\u00e3 \u0111\u01b0\u1ee3c t\u00ednh to\u00e1n d\u1ef1a tr\u00ean vi\u1ec7c c\u1eaft gi\u1ea3m g\u00e1nh n\u1eb7ng n\u1ee3 vay v\u00e0 t\u1ed1i \u01b0u h\u00f3a v\u1eadn h\u00e0nh sau t\u00e1i c\u1ea5u tr\u00fac. \u0110\u1ed1i v\u1edbi c\u00e1c c\u1ed5 \u0111\u00f4ng, \u0111\u00e2y \u0111\u01b0\u1ee3c xem l\u00e0 b\u01b0\u1edbc \u0111i mang t\u00ednh an t\u00e2m khi gi\u1ea3m thi\u1ec3u t\u1ef7 l\u1ec7 r\u1ee7i ro t\u00e0i ch\u00ednh t\u1eadp trung.<\/p>\n

Trong qu\u00e1 kh\u1ee9, ch\u00fang ta \u0111\u00e3 ch\u1ee9ng ki\u1ebfn nhi\u1ec1u b\u00e0i h\u1ecdc v\u1ec1 vi\u1ec7c huy \u0111\u1ed9ng v\u1ed1n qua th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n l\u00e0 huy\u1ebft m\u1ea1ch cho c\u00e1c doanh nghi\u1ec7p nh\u00e0 n\u01b0\u1edbc \u0111\u00e3 c\u1ed5 ph\u1ea7n ho\u00e1, hay nh\u1eefng c\u00e2u chuy\u1ec7n v\u1ec1 \u0111\u1ea5u gi\u00e1 nh\u00e0 m\u00e1y li\u00ean quan \u0111\u1ebfn c\u00e1c bi\u1ebfn \u0111\u1ed9ng t\u00e0i ch\u00ednh ph\u1ee9c t\u1ea1p. Nh\u1eefng s\u1ef1 ki\u1ec7n n\u00e0y nh\u1eafc nh\u1edf r\u1eb1ng, m\u1ecdi ho\u1ea1t \u0111\u1ed9ng t\u00e1i c\u1ea5u tr\u00fac \u0111\u1ec1u c\u1ea7n s\u1ef1 minh b\u1ea1ch v\u00e0 \u0111\u1ecbnh h\u01b0\u1edbng r\u00f5 r\u00e0ng \u0111\u1ec3 t\u1ea1o d\u1ef1ng ni\u1ec1m tin cho th\u1ecb tr\u01b0\u1eddng. T\u01b0\u01a1ng t\u1ef1 nh\u01b0 vi\u1ec7c thu h\u00fat d\u00f2ng v\u1ed1n ngo\u1ea1i v\u00e0 y\u1ebfu t\u1ed1 s\u1ed1ng c\u00f2n cho th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n lu\u00f4n \u0111\u00f2i h\u1ecfi nh\u1eefng b\u01b0\u1edbc \u0111i ch\u1eafc ch\u1eafn, VinFast c\u0169ng \u0111ang t\u1ef1 \u0111\u1ecbnh v\u1ecb l\u1ea1i m\u00ecnh trong cu\u1ed9c \u0111ua to\u00e0n c\u1ea7u b\u1eb1ng c\u00e1ch tinh gi\u1ea3n b\u1ed9 m\u00e1y v\u00e0 l\u00e0m s\u1ea1ch b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n.<\/p>\n

B\u00e0i vi\u1ebft \u0111\u00e3 \u0111\u01b0\u1ee3c bi\u00ean t\u1eadp l\u1ea1i t\u1eeb ngu\u1ed3n: cafef.vn<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

VinFast t\u00e1i c\u1ea5u tr\u00fac \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m thu h\u00fat s\u1ef1 ch\u00fa \u00fd c\u1ee7a d\u01b0 lu\u1eadn v\u00e0 gi\u1edbi quan s\u00e1t khi nh\u1eefng th\u00f4ng tin v\u1ec1 vi\u1ec7c chia t\u00e1ch t\u00e0i s\u1ea3n v\u00e0 tho\u00e1i v\u1ed1n \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 ch\u00ednh th\u1ee9c tr\u00ean \u1ee6y ban Ch\u1ee9ng kho\u00e1n M\u1ef9 (SEC). Trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng, kh\u00f4ng \u00edt […]<\/p>\n","protected":false},"author":1,"featured_media":15035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-15037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tong-quan-thi-truong"],"_links":{"self":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/15037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/comments?post=15037"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/15037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media\/15035"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=15037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=15037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=15037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}