{"id":2731,"date":"2026-04-06T23:59:26","date_gmt":"2026-04-06T16:59:26","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/04\/06\/thi-truong-chung-ngan-hang-pho-wall-tai-lap-the-tran-tin-dung-tu-nhan-doi-mat-thu-thach-moi\/"},"modified":"2026-04-06T23:59:26","modified_gmt":"2026-04-06T16:59:26","slug":"thi-truong-chung-ngan-hang-pho-wall-tai-lap-the-tran-tin-dung-tu-nhan-doi-mat-thu-thach-moi","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/04\/06\/thi-truong-chung-ngan-hang-pho-wall-tai-lap-the-tran-tin-dung-tu-nhan-doi-mat-thu-thach-moi\/","title":{"rendered":"Th\u1ecb Tr\u01b0\u1eddng Chung: Ng\u00e2n h\u00e0ng Ph\u1ed1 Wall T\u00e1i L\u1eadp Th\u1ebf Tr\u1eadn, T\u00edn D\u1ee5ng T\u01b0 Nh\u00e2n \u0110\u1ed1i M\u1eb7t Th\u1eed Th\u00e1ch M\u1edbi"},"content":{"rendered":"
\n

Sau m\u1ed9t th\u1eadp k\u1ef7 ch\u1ee9ng ki\u1ebfn s\u1ef1 tr\u1ed7i d\u1eady m\u1ea1nh m\u1ebd c\u1ee7a c\u00e1c qu\u1ef9 t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n trong vi\u1ec7c t\u00e0i tr\u1ee3 c\u00e1c th\u01b0\u01a1ng v\u1ee5 mua l\u1ea1i b\u1eb1ng v\u1ed1n vay (leveraged buyout), c\u00e1c ng\u00e2n h\u00e0ng Ph\u1ed1 Wall \u0111ang \u0111\u1ee9ng tr\u01b0\u1edbc c\u01a1 h\u1ed9i l\u1edbn \u0111\u1ec3 gi\u00e0nh l\u1ea1i th\u1ecb ph\u1ea7n. S\u1ef1 k\u1ebft h\u1ee3p gi\u1eefa nh\u1eefng c\u0103ng th\u1eb3ng n\u1ed9i t\u1ea1i trong ng\u00e0nh t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n v\u00e0 vi\u1ec7c n\u1edbi l\u1ecfng c\u00e1c quy \u0111\u1ecbnh ng\u00e2n h\u00e0ng \u0111ang t\u1ea1o ra m\u1ed9t c\u1ee5c di\u1ec7n m\u1edbi, h\u1ee9a h\u1eb9n thay \u0111\u1ed5i \u0111\u00e1ng k\u1ec3 b\u1ea3n \u0111\u1ed3 t\u00e0i ch\u00ednh t\u1ea1i M\u1ef9 v\u00e0 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng chung \u0111\u1ea7y bi\u1ebfn \u0111\u1ed9ng<\/a>.<\/p>\n

\"tin<\/p>\n

\u201c\u0110\u00e2y l\u00e0 th\u1eddi \u0111i\u1ec3m thu\u1eadn l\u1ee3i \u0111\u1ec3 c\u00e1c ng\u00e2n h\u00e0ng gi\u00e0nh l\u1ea1i th\u1ecb ph\u1ea7n t\u1eeb c\u00e1c qu\u1ef9 t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n,\u201d \u00f4ng Mark Zandi, Nh\u00e0 kinh t\u1ebf tr\u01b0\u1edfng c\u1ee7a Moody’s t\u1ea1i Hoa K\u1ef3, nh\u1eadn \u0111\u1ecbnh. \u00d4ng ch\u1ec9 ra r\u1eb1ng l\u00e3i su\u1ea5t \u0111\u00e3 gi\u1ea3m v\u00e0 c\u00e1c quy \u0111\u1ecbnh ng\u00e2n h\u00e0ng \u0111\u00e3 \u0111\u01b0\u1ee3c n\u1edbi l\u1ecfng. Trong khi \u0111\u00f3, c\u00e1c t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n \u0111ang ph\u1ea3i v\u1eadt l\u1ed9n v\u1edbi h\u1eadu qu\u1ea3 t\u1eeb ch\u00ednh s\u00e1ch cho vay qu\u00e1 m\u1ea1nh tay tr\u01b0\u1edbc \u0111\u00e2y.<\/p>\n

Ph\u00e2n T\u00edch Bi\u1ebfn \u0110\u1ed9ng: Cu\u1ed9c \u0110\u1ed5i Chi\u1ebfu V\u1ecb Th\u1ebf<\/h2>\n

S\u1ef1 tr\u1ed7i d\u1eady c\u1ee7a t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n c\u00f3 m\u1ed9t ph\u1ea7n nguy\u00ean nh\u00e2n t\u1eeb s\u1ef1 r\u00fat lui c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng truy\u1ec1n th\u1ed1ng. Sau \u0111\u1ee3t t\u0103ng l\u00e3i su\u1ea5t m\u1ea1nh m\u1ebd c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang (FED) v\u00e0 cu\u1ed9c kh\u1ee7ng ho\u1ea3ng ng\u00e2n h\u00e0ng n\u0103m 2023, c\u00e1c ng\u00e2n h\u00e0ng l\u1edbn \u1edf M\u1ef9 th\u1eaft ch\u1eb7t ti\u00eau chu\u1ea9n cho vay v\u00e0 r\u00fat kh\u1ecfi c\u00e1c th\u1ecfa thu\u1eadn r\u1ee7i ro h\u01a1n. \u0110i\u1ec1u n\u00e0y \u0111\u00e3 \u0111\u1ea9y c\u00e1c nh\u00e0 \u0111i vay, \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e1c c\u00f4ng ty c\u1ed5 ph\u1ea7n t\u01b0 nh\u00e2n, t\u00ecm \u0111\u1ebfn c\u00e1c t\u1ed5 ch\u1ee9c cho vay tr\u1ef1c ti\u1ebfp v\u1ed1n n\u1ed5i b\u1eadt v\u1edbi t\u1ed1c \u0111\u1ed9 gi\u1ea3i ng\u00e2n nhanh h\u01a1n v\u00e0 c\u00e1c \u0111i\u1ec1u kho\u1ea3n linh ho\u1ea1t h\u01a1n.<\/p>\n

S\u1ef1 thay \u0111\u1ed5i n\u00e0y di\u1ec5n ra m\u1ed9t c\u00e1ch ngo\u1ea1n m\u1ee5c: Theo d\u1eef li\u1ec7u c\u1ee7a PitchBook, t\u1ef7 l\u1ec7 t\u00e0i tr\u1ee3 mua l\u1ea1i b\u1eb1ng v\u1ed1n vay tr\u00ean 1 t\u1ef7 USD c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng \u0111\u00e3 gi\u1ea3m m\u1ea1nh xu\u1ed1ng ch\u1ec9 c\u00f2n 39% v\u00e0o n\u0103m 2023<\/strong>, so v\u1edbi m\u1ee9c kho\u1ea3ng 80% trong 5 n\u0103m tr\u01b0\u1edbc \u0111\u00f3<\/strong>. Tuy nhi\u00ean, t\u1ef7 l\u1ec7 n\u00e0y \u0111\u00e3 ph\u1ee5c h\u1ed3i l\u00ean h\u01a1n 50% v\u00e0o n\u0103m 2025<\/strong> (d\u1ef1 ph\u00f3ng).<\/p>\n

Th\u00e1ch Th\u1ee9c \u0110\u1ed1i V\u1edbi T\u00edn D\u1ee5ng T\u01b0 Nh\u00e2n<\/h3>\n

Ng\u00e0nh t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n \u0111ang \u0111\u1ed1i m\u1eb7t v\u1edbi nhi\u1ec1u th\u00e1ch th\u1ee9c. Nhi\u1ec1u n\u0103m cho vay m\u1ea1nh m\u1ebd \u0111ang b\u1eaft \u0111\u1ea7u ph\u1ea3n t\u00e1c d\u1ee5ng khi l\u00e3i su\u1ea5t cao h\u01a1n khi\u1ebfn c\u00e1c nh\u00e0 \u0111i vay m\u1eafc n\u1ee3 ch\u1ed3ng ch\u1ea5t g\u1eb7p kh\u00f3 kh\u0103n trong vi\u1ec7c tr\u1ea3 n\u1ee3, l\u00e0m t\u0103ng r\u1ee7i ro v\u1ee1 n\u1ee3. Nhu c\u1ea7u thanh kho\u1ea3n t\u1eeb c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u0169ng t\u0103ng l\u00ean, v\u1edbi m\u1ed9t s\u1ed1 kh\u00e1ch h\u00e0ng mu\u1ed1n r\u00fat v\u1ed1n sau nhi\u1ec1u n\u0103m b\u1ecb kh\u00f3a v\u1ed1n.<\/p>\n

\u00d4ng Zandi c\u1ee7a Moody’s d\u1ef1 \u0111o\u00e1n ng\u00e0nh n\u00e0y s\u1ebd \u201cg\u1eb7p nhi\u1ec1u v\u1ea5n \u0111\u1ec1 t\u00edn d\u1ee5ng h\u01a1n trong nh\u1eefng th\u00e1ng t\u1edbi,\u201d vi\u1ec7n d\u1eabn h\u1eadu qu\u1ea3 t\u1eeb c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb, chi ph\u00ed vay cao h\u01a1n v\u00e0 \u00e1p l\u1ef1c c\u1ea5u tr\u00fac trong c\u00e1c ng\u00e0nh nh\u01b0 ph\u1ea7n m\u1ec1m. C\u00e1c nh\u00e0 \u0111i vay trong l\u0129nh v\u1ef1c ti\u00eau d\u00f9ng v\u00e0 ch\u0103m s\u00f3c s\u1ee9c kh\u1ecfe c\u0169ng c\u00f3 th\u1ec3 ch\u1ecbu \u00e1p l\u1ef1c.<\/p>\n

C\u01a1 H\u1ed9i Cho Ng\u00e2n H\u00e0ng: S\u1ef1 Thay \u0110\u1ed5i Quy \u0110\u1ecbnh<\/h3>\n

V\u1ec1 trung h\u1ea1n, nh\u1eefng thay \u0111\u1ed5i trong quy \u0111\u1ecbnh c\u00f3 th\u1ec3 ti\u1ebfp t\u1ee5c nghi\u00eang c\u00e1n c\u00e2n. B\u00e0 Shannon Saccocia, Gi\u00e1m \u0111\u1ed1c \u0110\u1ea7u t\u01b0 c\u1ee7a Neuberger Berman t\u1ea1i New York, nh\u1eadn \u0111\u1ecbnh: “Ch\u00fang t\u00f4i d\u1ef1 \u0111o\u00e1n vi\u1ec7c b\u00e3i b\u1ecf quy \u0111\u1ecbnh t\u1eeb ch\u00ednh quy\u1ec1n Trump bao g\u1ed3m kh\u1ea3 n\u0103ng l\u00e0m suy y\u1ebfu vi\u1ec7c th\u1ef1c hi\u1ec7n Basel III Endgame, v\u1edbi B\u1ed9 T\u00e0i ch\u00ednh Hoa K\u1ef3 m\u1ee5c ti\u00eau r\u00f5 r\u00e0ng l\u00e0 \u0111\u1ecbnh h\u01b0\u1edbng l\u1ea1i ho\u1ea1t \u0111\u1ed9ng cho vay doanh nghi\u1ec7p v\u1ec1 khu v\u1ef1c ng\u00e2n h\u00e0ng.”<\/p>\n

Khung Basel III “Endgame” l\u00e0 m\u1ed9t cu\u1ed9c c\u1ea3i t\u1ed5 quy \u0111\u1ecbnh \u0111\u01b0\u1ee3c ho\u00e0n t\u1ea5t v\u00e0o n\u0103m 2017 sau cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u n\u0103m 2008. N\u00f3 \u0111\u01b0\u1ee3c thi\u1ebft k\u1ebf \u0111\u1ec3 chu\u1ea9n h\u00f3a c\u00e1ch c\u00e1c ng\u00e2n h\u00e0ng l\u1edbn t\u00ednh to\u00e1n r\u1ee7i ro v\u00e0 thi\u1ebft l\u1eadp m\u1ed9t s\u00e0n v\u1ed1n y\u00eau c\u1ea7u c\u00e1c t\u1ed5 ch\u1ee9c cho vay n\u1eafm gi\u1eef nhi\u1ec1u d\u1ef1 tr\u1eef h\u01a1n \u0111\u1ed1i v\u1edbi c\u00e1c kho\u1ea3n vay, \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e1c kho\u1ea3n cho vay doanh nghi\u1ec7p v\u00e0 c\u00f3 \u0111\u00f2n b\u1ea9y r\u1ee7i ro cao. \u0110i\u1ec1u n\u00e0y \u0111\u00e3 khi\u1ebfn ho\u1ea1t \u0111\u1ed9ng cho vay c\u1ee7a ng\u00e2n h\u00e0ng k\u00e9m c\u1ea1nh tranh h\u01a1n so v\u1edbi c\u00e1c qu\u1ef9 t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n trong nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y.<\/p>\n

Vi\u1ec7c suy y\u1ebfu ho\u1eb7c \u0111\u1ea3o ng\u01b0\u1ee3c Basel III Endgame s\u1ebd t\u0103ng c\u01b0\u1eddng c\u1ea1nh tranh cho c\u00e1c t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n, b\u00e0 Saccocia n\u00f3i th\u00eam, m\u1ed9t quan \u0111i\u1ec3m \u0111\u01b0\u1ee3c l\u1eb7p l\u1ea1i b\u1edfi c\u00e1c chuy\u00ean gia k\u1ef3 c\u1ef1u kh\u00e1c tr\u00ean th\u1ecb tr\u01b0\u1eddng Ph\u1ed1 Wall.<\/p>\n

\u00d4ng Zandi nh\u1ea5n m\u1ea1nh: “C\u00e1c ng\u00e2n h\u00e0ng n\u00ean nhanh ch\u00f3ng l\u1ea5p \u0111\u1ea7y b\u1ea5t k\u1ef3 kho\u1ea3ng tr\u1ed1ng n\u00e0o do ho\u1ea1t \u0111\u1ed9ng cho vay th\u1eadn tr\u1ecdng h\u01a1n c\u1ee7a t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n \u0111\u1ec3 l\u1ea1i”, ch\u1ec9 ra m\u1ed9t b\u1ed1i c\u1ea3nh ph\u00e1p l\u00fd thu\u1eadn l\u1ee3i h\u01a1n v\u00e0 \u0111i\u1ec1u ki\u1ec7n t\u00e0i tr\u1ee3 \u0111\u01b0\u1ee3c c\u1ea3i thi\u1ec7n cho c\u00e1c t\u1ed5 ch\u1ee9c cho vay truy\u1ec1n th\u1ed1ng.<\/p>\n

T\u00edn D\u1ee5ng T\u01b0 Nh\u00e2n V\u1eabn Quy\u1ebft Li\u1ec7t<\/h3>\n

Tuy nhi\u00ean, s\u1ef1 th\u1ed1ng tr\u1ecb c\u1ee7a t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n v\u1eabn ch\u01b0a b\u1ecb ph\u00e1 v\u1ee1 ho\u00e0n to\u00e0n. C\u00e1c t\u1ed5 ch\u1ee9c cho vay tr\u1ef1c ti\u1ebfp ti\u1ebfp t\u1ee5c c\u1ea1nh tranh m\u1ea1nh m\u1ebd, \u0111\u01b0a ra c\u00e1c kho\u1ea3n vay unitranche (g\u00f3i c\u00e1c lo\u1ea1i n\u1ee3 kh\u00e1c nhau v\u00e0o m\u1ed9t g\u00f3i v\u1edbi m\u1ed9t l\u00e3i su\u1ea5t duy nh\u1ea5t).<\/p>\n

\u0110i\u1ec3n h\u00ecnh, Blackstone v\u00e0 Ares n\u1eb1m trong s\u1ed1 33 t\u1ed5 ch\u1ee9c cho vay \u0111\u00e3 cung c\u1ea5p kho\u1ea3ng 5 t\u1ef7 USD<\/strong> t\u00e0i ch\u00ednh \u0111\u1ec3 h\u1ed7 tr\u1ee3 vi\u1ec7c Thoma Bravo mua l\u1ea1i c\u00f4ng ty logistics WWEX Group, nh\u1ea5n m\u1ea1nh c\u00e1ch c\u00e1c c\u00f4ng ty t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n v\u1eabn c\u00f3 th\u1ec3 t\u00e0i tr\u1ee3 c\u00e1c th\u01b0\u01a1ng v\u1ee5 mua l\u1ea1i l\u1edbn ngay c\u1ea3 khi c\u00e1c ng\u00e2n h\u00e0ng b\u1eaft \u0111\u1ea7u t\u00e1i gia nh\u1eadp th\u1ecb tr\u01b0\u1eddng.<\/p>\n

B\u00e0 Marina Lukatsky, Gi\u00e1m \u0111\u1ed1c to\u00e0n c\u1ea7u v\u1ec1 t\u00edn d\u1ee5ng v\u00e0 c\u1ed5 ph\u1ea7n t\u01b0 nh\u00e2n Hoa K\u1ef3 c\u1ee7a PitchBook, l\u01b0u \u00fd r\u1eb1ng s\u1ef1 ph\u1ee5c h\u1ed3i d\u1ef1 ki\u1ebfn trong c\u00e1c th\u01b0\u01a1ng v\u1ee5 mua l\u1ea1i v\u00e0 th\u1ecfa thu\u1eadn v\u1eabn ch\u01b0a th\u00e0nh hi\u1ec7n th\u1ef1c trong n\u0103m nay, do s\u1ef1 kh\u00f4ng ch\u1eafc ch\u1eafn v\u1ec1 ch\u00ednh s\u00e1ch th\u01b0\u01a1ng m\u1ea1i, l\u00e3i su\u1ea5t v\u00e0 \u0111\u1ecba ch\u00ednh tr\u1ecb \u0111\u00e3 l\u00e0m ch\u1eadm ho\u1ea1t \u0111\u1ed9ng. V\u1edbi \u00edt giao d\u1ecbch h\u01a1n, nhu c\u1ea7u t\u00e0i tr\u1ee3 \u0111\u00e3 gi\u1ea3m tr\u00ean c\u1ea3 ng\u00e2n h\u00e0ng v\u00e0 t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n.<\/p>\n

\u0110\u1ec3 c\u00e1c ng\u00e2n h\u00e0ng c\u00f3 th\u1ec3 tr\u1edf l\u1ea1i m\u1ea1nh m\u1ebd, chi ph\u00ed vay trong c\u00e1c kho\u1ea3n vay h\u1ee3p v\u1ed1n (syndicated loans), v\u1ed1n l\u00e0 c\u00e1c kho\u1ea3n vay l\u1edbn \u0111\u01b0\u1ee3c c\u00e1c ng\u00e2n h\u00e0ng s\u1eafp x\u1ebfp v\u00e0 t\u00e0i tr\u1ee3 b\u1edfi m\u1ed9t nh\u00f3m c\u00e1c t\u1ed5 ch\u1ee9c cho vay, c\u1ea7n tr\u1edf n\u00ean c\u1ea1nh tranh h\u01a1n. Ngo\u00e0i ra, ho\u1ea1t \u0111\u1ed9ng mua l\u1ea1i l\u1edbn c\u1ea7n \u0111\u01b0\u1ee3c \u0111\u1ea9y m\u1ea1nh v\u00e0 tri\u1ec3n v\u1ecdng kinh t\u1ebf t\u1ed5ng th\u1ec3 c\u1ea7n c\u1ea3i thi\u1ec7n. \u0110i\u1ec1u quan tr\u1ecdng l\u00e0 t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n v\u1eabn gi\u1eef nh\u1eefng l\u1ee3i th\u1ebf c\u1ea5u tr\u00fac m\u00e0 c\u00e1c ng\u00e2n h\u00e0ng kh\u00f3 c\u00f3 th\u1ec3 t\u00e1i t\u1ea1o, bao g\u1ed3m t\u1ed1c \u0111\u1ed9, s\u1ef1 ch\u1eafc ch\u1eafn trong th\u1ef1c hi\u1ec7n v\u00e0 \u0111i\u1ec1u ki\u1ec7n linh ho\u1ea1t, \u0111i\u1ec1u m\u00e0 m\u1ed9t s\u1ed1 nh\u00e0 \u0111i vay c\u00f3 th\u1ec3 ti\u1ebfp t\u1ee5c \u0111\u00e1nh gi\u00e1 cao trong c\u00e1c th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng.<\/p>\n

D\u00f9 v\u1eady, m\u1ed9t s\u1ef1 tr\u1edf l\u1ea1i \u0111ang trong t\u1ea7m tay. “Cu\u1ed9c gi\u1eb1ng co m\u1edbi ch\u1ec9 b\u1eaft \u0111\u1ea7u,” \u00f4ng Jeffrey Hooke, Gi\u1ea3ng vi\u00ean cao c\u1ea5p v\u1ec1 t\u00e0i ch\u00ednh t\u1ea1i Tr\u01b0\u1eddng Kinh doanh Johns Hopkins Carey, k\u1ebft lu\u1eadn. “C\u00e1c quy t\u1eafc \u0111\u00e3 \u0111\u01b0\u1ee3c n\u1edbi l\u1ecfng, v\u00ec v\u1eady vi\u1ec7c c\u00e1c ng\u00e2n h\u00e0ng mu\u1ed1n l\u1ea5y l\u1ea1i m\u1ed9t ph\u1ea7n th\u1ecb ph\u1ea7n c\u1ee7a h\u1ecd trong t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n l\u00e0 \u0111i\u1ec1u ho\u00e0n to\u00e0n t\u1ef1 nhi\u00ean.”<\/p>\n

Bi\u00ean t\u1eadp: Ph\u1ed1 Wall (Theo ngu\u1ed3n g\u1ed1c)<\/i><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Sau m\u1ed9t th\u1eadp k\u1ef7 ch\u1ee9ng ki\u1ebfn s\u1ef1 tr\u1ed7i d\u1eady m\u1ea1nh m\u1ebd c\u1ee7a c\u00e1c qu\u1ef9 t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n trong vi\u1ec7c t\u00e0i tr\u1ee3 c\u00e1c th\u01b0\u01a1ng v\u1ee5 mua l\u1ea1i b\u1eb1ng v\u1ed1n vay (leveraged buyout), c\u00e1c ng\u00e2n h\u00e0ng Ph\u1ed1 Wall \u0111ang \u0111\u1ee9ng tr\u01b0\u1edbc c\u01a1 h\u1ed9i l\u1edbn \u0111\u1ec3 gi\u00e0nh l\u1ea1i th\u1ecb ph\u1ea7n. S\u1ef1 k\u1ebft h\u1ee3p gi\u1eefa nh\u1eefng c\u0103ng th\u1eb3ng […]<\/p>\n","protected":false},"author":1,"featured_media":2728,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":["post-2731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-thi-truong-chung-khoan"],"_links":{"self":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/2731","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=2731"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/2731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media\/2728"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=2731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=2731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=2731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}