{"id":21507,"date":"2023-12-06T02:44:55","date_gmt":"2023-12-06T02:44:55","guid":{"rendered":"https:\/\/masterskills.org\/blog\/downgrade-la-gi-trong-linh-vuc-chung-khoan.html"},"modified":"2023-12-22T04:55:20","modified_gmt":"2023-12-21T21:55:20","slug":"downgrade-la-gi-trong-linh-vuc-chung-khoan","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/downgrade-la-gi-trong-linh-vuc-chung-khoan.html","title":{"rendered":"Downgrade l\u00e0 g\u00ec trong l\u0129nh v\u1ef1c ch\u1ee9ng kho\u00e1n?"},"content":{"rendered":"<div class=\"entry-content\">\n<figure class=\"wp-block-image size-large\"><\/figure>\n<p>T\u00ecm hi\u1ec3u ch\u00ednh x\u00e1c downgrade l\u00e0 g\u00ec trong ho\u1ea1t \u0111\u1ed9ng doanh nghi\u1ec7p s\u1ebd gi\u00fap b\u1ea1n c\u00f3 c\u00e1i nh\u00ecn t\u1ed5ng quan h\u01a1n v\u1ec1 s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a doanh nghi\u1ec7p.<\/p>\n<h2><span id=\"Downgrade_la_gi\"><strong>Downgrade l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p>Downgrade \u0111\u01b0\u1ee3c hi\u1ec3u l\u00e0 s\u1ef1 h\u1ea1 c\u1ea5p. C\u00f2n trong thu\u1eadt ng\u1eef trong l\u0129nh v\u1ef1c kinh doanh th\u00ec downgrade \u0111\u01b0\u1ee3c nh\u1eafc \u0111\u1ebfn nh\u01b0 s\u1ef1 xu\u1ed1ng h\u1ea1ng c\u1ee7a m\u1ed9t lo\u1ea1i ch\u1ee9ng kho\u00e1n c\u1ee5 th\u1ec3 theo quan \u0111i\u1ec3m c\u1ee7a c\u00e1c nh\u00e0 ph\u00e2n t\u00edch.<\/p>\n<p>N\u00f3i c\u00e1ch kh\u00e1c, t\u00ecnh hu\u1ed1ng n\u00e0y di\u1ec5n ra khi c\u00e1c nh\u00e0 ph\u00e2n t\u00edch c\u1ea3m th\u1ea5y r\u1eb1ng tri\u1ec3n v\u1ecdng c\u1ee7a lo\u1ea1i ch\u1ee9ng kho\u00e1n ho\u1eb7c t\u00e0i s\u1ea3n c\u1ee5 th\u1ec3 n\u00e0o \u0111\u00f3 trong t\u01b0\u01a1ng lai s\u1ebd b\u1ecb gi\u1ea3m xu\u1ed1ng so v\u1edbi l\u00fac \u0111\u1ea7u, th\u01b0\u1eddng l\u00e0 do s\u1ef1 thay \u0111\u1ed5i trong c\u00e1c ho\u1ea1t \u0111\u1ed9ng v\u1eadn h\u00e0nh c\u1ee7a doanh nghi\u1ec7p c\u0169ng nh\u01b0 tri\u1ec3n v\u1ecdng trong t\u01b0\u01a1ng lai ng\u00e0nh. Trong tr\u01b0\u1eddng h\u1ee3p n\u00e0y c\u00f3 th\u1ec3 hi\u1ec3u downgrade l\u00e0 ng\u01b0\u1ee3c l\u1ea1i v\u1edbi upgrade (l\u00ean h\u1ea1ng).<\/p>\n<h2><span id=\"Upgrade_la_gi\"><strong>Upgrade l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p>Upgrade hay n\u00e2ng h\u1ea1ng c\u1ed5 phi\u1ebfu c\u00f3 ngh\u0129a l\u00e0 m\u1ed9t nh\u00e0 ph\u00e2n t\u00edch \u0111\u00e3 thay \u0111\u1ed5i x\u1ebfp h\u1ea1ng c\u1ee7a h\u1ecd t\u1eeb b\u00e1n sang n\u1eafm gi\u1eef ho\u1eb7c t\u1eeb n\u1eafm gi\u1eef sang mua, cho th\u1ea5y r\u1eb1ng h\u1ecd \u0111\u00e3 tr\u1edf n\u00ean l\u1ea1c quan h\u01a1n v\u1ec1 tri\u1ec3n v\u1ecdng c\u1ee7a c\u1ed5 phi\u1ebfu.<\/p>\n<h2><span id=\"Ly_do_xay_ra_downgrade_la_gi\"><strong>L\u00fd do x\u1ea3y ra downgrade l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p>L\u00fd do d\u1eabn \u0111\u1ebfn t\u00ecnh tr\u1ea1ng downgrade c\u0169ng c\u00f3 th\u1ec3 n\u00f3i l\u00e0 do t\u00ecnh h\u00ecnh ho\u1ea1t \u0111\u1ed9ng c\u1ee7a doanh nghi\u1ec7p kh\u00f4ng \u0111\u01b0\u1ee3c t\u1ed1t nh\u01b0 mong \u0111\u1ee3i. Y\u1ebfu t\u1ed1 n\u00e0y s\u1ebd t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu v\u00e0 v\u00f2ng n\u1ee3 c\u1ee7a doanh nghi\u1ec7p kh\u00f4ng \u1ed5n \u0111\u1ecbnh, t\u1eeb \u0111\u00f3 khi\u1ebfn gi\u00e1 tr\u1ecb c\u00f4ng ty \u0111i xu\u1ed1ng. Trong tr\u01b0\u1eddng h\u1ee3p n\u00e0y coi nh\u01b0 c\u00f4ng ty \u0111\u00e3 r\u01a1i v\u00e0o ho\u00e0n c\u1ea3nh downgrade \u2013 xu\u1ed1ng h\u1ea1ng.<\/p>\n<p>Ngo\u00e0i vi\u1ec7c b\u1ecb xu\u1ed1ng h\u1ea1ng ho\u00e0n to\u00e0n, c\u00e1c t\u1ed5 ch\u1ee9c x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng v\u00e0 \u0111\u1ecbnh gi\u00e1 v\u1ed1n c\u1ed5 ph\u1ea7n \u0111\u1ec1u s\u1ebd ti\u1ebfn h\u00e0nh c\u00f4ng b\u1ed1 danh s\u00e1ch theo d\u00f5i ho\u1eb7c c\u00e1c danh s\u00e1ch t\u01b0\u01a1ng t\u1ef1 cho th\u1ea5y c\u1ed5 phi\u1ebfu c\u1ee7a m\u1ed9t c\u00f4ng ty c\u00f3 kh\u1ea3 n\u0103ng b\u1ecb xu\u1ed1ng h\u1ea1ng. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 ch\u1ee7 n\u1ee3 \u0111\u1ec1u theo d\u00f5i s\u00e1t sao nh\u1eefng thay \u0111\u1ed5i c\u00f3 t\u00ednh ch\u1ea5t \u0111\u1ecbnh h\u01b0\u1edbng \u0111\u1ed1i v\u1edbi ch\u1ee9ng kho\u00e1n ho\u1eb7c tri\u1ec3n v\u1ecdng kinh doanh.<\/p>\n<blockquote>\n<p><em><strong>\u201cDowngrade x\u1ea3y ra khi c\u00e1c nh\u00e0 ph\u00e2n t\u00edch tin r\u1eb1ng c\u00f3 t\u00edn hi\u1ec7u x\u1ea5u so v\u1edbi khuy\u1ebfn ngh\u1ecb ban \u0111\u1ea7u, th\u01b0\u1eddng l\u00e0 do s\u1ef1 thay \u0111\u1ed5i \u0111\u00e1ng k\u1ec3 v\u00e0 c\u01a1 b\u1ea3n trong c\u00e1c ho\u1ea1t \u0111\u1ed9ng c\u1ee7a doanh nghi\u1ec7p, tri\u1ec3n v\u1ecdng t\u01b0\u01a1ng lai ho\u1eb7c ng\u00e0nh ngh\u1ec1.\u201d<\/strong><\/em><\/p>\n<\/blockquote>\n<h2><span id=\"Cach_thuc_hoat_dong_cua_downgrade\"><strong>C\u00e1ch th\u1ee9c ho\u1ea1t \u0111\u1ed9ng c\u1ee7a downgrade<\/strong><\/span><\/h2>\n<p>S\u1ef1 t\u1ee5t h\u1ea1ng c\u1ed5 phi\u1ebfu x\u1ea3y ra khi m\u1ed9t nh\u00e0 ph\u00e2n t\u00edch chuy\u1ec3n t\u1eeb mua sang n\u1eafm gi\u1eef ho\u1eb7c t\u1eeb n\u1eafm gi\u1eef sang b\u00e1n, cho th\u1ea5y r\u1eb1ng c\u01a1 h\u1ed9i mang l\u1ea1i l\u1ee3i nhu\u1eadn t\u1eeb m\u1ed9t c\u1ed5 phi\u1ebfu \u0111\u00e3 h\u1ea1 nhi\u1ec7t.<\/p>\n<p>Khi m\u1ed9t c\u1ed5 phi\u1ebfu b\u1ecb t\u1ee5t h\u1ea1ng, n\u00f3 c\u00f3 th\u1ec3 th\u00fac \u0111\u1ea9y c\u00e1c nh\u00e0 giao d\u1ecbch b\u00e1n c\u1ed5 phi\u1ebfu \u0111\u00f3 v\u1edbi gi\u1ea3 \u0111\u1ecbnh r\u1eb1ng nh\u1eefng ng\u01b0\u1eddi kh\u00e1c c\u0169ng s\u1ebd l\u00e0m nh\u01b0 v\u1eady.\u00a0K\u1ebft qu\u1ea3 chung c\u1ee7a vi\u1ec7c b\u00e1n n\u00e0y c\u00f3 th\u1ec3 \u0111\u1ea9y gi\u00e1 c\u1ed5 phi\u1ebfu xu\u1ed1ng th\u1ea5p, \u0111\u00f4i khi \u0111\u00e1ng k\u1ec3.<\/p>\n<p>S\u1ef1 t\u1ee5t h\u1ea1ng c\u00f3 th\u1ec3 g\u00e2y nh\u1ee9c nh\u1ed1i cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1edf h\u1eefu m\u1ed9t c\u1ed5 phi\u1ebfu c\u1ee5 th\u1ec3, v\u00ec n\u00f3 th\u01b0\u1eddng d\u1eabn \u0111\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu th\u1ea5p h\u01a1n.\u00a0Nh\u01b0ng \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n kh\u00f4ng \u0111\u1ed3ng \u00fd v\u1edbi k\u1ebft lu\u1eadn c\u1ee7a nh\u00e0 ph\u00e2n t\u00edch, m\u1ee9c gi\u00e1 th\u1ea5p h\u01a1n mang l\u1ea1i c\u01a1 h\u1ed9i mua c\u1ed5 phi\u1ebfu v\u1edbi gi\u00e1 chi\u1ebft kh\u1ea5u, c\u00f3 kh\u1ea3 n\u0103ng t\u0103ng l\u1ee3i nhu\u1eadn n\u1ebfu nh\u00e0 ph\u00e2n t\u00edch sai.<\/p>\n<h2><span id=\"Anh_huong_cua_downgrade_doi_voi_doanh_nghiep\"><strong>\u1ea2nh h\u01b0\u1edfng c\u1ee7a downgrade \u0111\u1ed1i v\u1edbi doanh nghi\u1ec7p<\/strong><\/span><\/h2>\n<p><strong>C\u1ed5 phi\u1ebfu gi\u1ea3m gi\u00e1<\/strong><\/p>\n<p>Vi\u1ec7c ch\u1ee9ng kho\u00e1n doanh nghi\u1ec7p b\u1ecb r\u01a1i v\u00e0o t\u00ecnh tr\u1ea1ng t\u1ee5t h\u1ea1ng th\u00ec c\u00e1c th\u00f4ng tin \u0111\u1ecbnh t\u00ednh v\u00e0 \u0111\u1ecbnh l\u01b0\u1ee3ng s\u1ebd k\u00edch ho\u1ea1t \u0111\u1ec3 l\u00e0m gi\u1ea3m gi\u00e1 tr\u1ecb t\u00e0i ch\u00ednh c\u1ee7a lo\u1ea1i ch\u1ee9ng kho\u00e1n \u0111\u00f3. H\u1ea1n ch\u1ebf l\u1edbn nh\u1ea5t c\u1ee7a v\u1ea5n \u0111\u1ec1 n\u00e0y l\u00e0 l\u00e0m t\u0103ng chi ph\u00ed v\u1ed1n c\u1ee7a doanh nghi\u1ec7p, \u0111\u1ed1i v\u1edbi c\u1ea3 ph\u1ea7n v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu v\u00e0 ph\u1ea7n n\u1ee3. T\u1eeb \u0111\u00f3 l\u00e0m gi\u00e1 c\u1ed5 phi\u1ebfu b\u1ecb r\u1edbt xu\u1ed1ng ngay l\u1eadp t\u1ee9c, d\u0129 nhi\u1ec1u \u0111\u00e2y l\u00e0 \u0111i\u1ec1u kh\u00f4ng doanh nghi\u1ec7p n\u00e0o mong mu\u1ed1n x\u1ea3y ra.<\/p>\n<p><strong>X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng gi\u1ea3m<\/strong><\/p>\n<p>Tr\u00ean th\u1ef1c t\u1ebf, n\u1ebfu c\u1ed5 phi\u1ebfu c\u1ee7a doanh nghi\u1ec7p b\u1ecb t\u1ee5t h\u1ea1ng th\u00ec c\u0169ng s\u1ebd \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn x\u1ebfp h\u1ea1ng ch\u1ee9ng kho\u00e1n\/t\u00e0i s\u1ea3n c\u1ee7a n\u00f3 tr\u00ean th\u1ecb tr\u01b0\u1eddng. V\u00e0 nh\u1eefng t\u1ed5 ch\u1ee9c th\u1ef1c hi\u1ec7n nghi\u00ean c\u1ee9u s\u1ebd ti\u1ebfn h\u00e0nh ph\u00e2n lo\u1ea1i doanh nghi\u1ec7p \u1edf v\u1ecb tr\u00ed \u201cMUA\u201d, \u201cGI\u1eee\u201d hay \u201cB\u00c1N\u201d d\u1ef1a tr\u00ean m\u1ee9c x\u1ebfp h\u1ea1ng n\u00e0y.<\/p>\n<p>N\u1ee3 c\u1ee7a doanh nghi\u1ec7p c\u0169ng c\u00f3 h\u1ec7 th\u1ed1ng \u0111\u00e1nh gi\u00e1 x\u1ebfp h\u1ea1ng ri\u00eang, khi m\u1ed9t tr\u00e1i phi\u1ebfu b\u1ecb xu\u1ed1ng h\u1ea1n th\u00ec n\u00f3 c\u00f3 th\u1ec3 chuy\u1ec3n v\u1ecb tr\u00ed t\u1eeb h\u1ea1ng \u201cA\u201d sang h\u1ea1ng \u201cBBB\u201d.\u00a0 \u0110\u00f4i khi danh m\u1ee5c \u0111\u1ea7u t\u01b0 tr\u00e1i phi\u1ebfu b\u1ecb h\u1ea1n ch\u1ebf v\u1ec1 lo\u1ea1i n\u1ee3 m\u00e0 doanh nghi\u1ec7p c\u00f3 kh\u1ea3 n\u0103ng n\u1eafm gi\u1eef d\u1ef1a tr\u00ean x\u1ebfp h\u1ea1ng c\u1ee7a c\u00e1c kho\u1ea3n n\u1ee3. Trong tr\u01b0\u1eddng h\u1ee3p n\u1ee3 \u0111\u01b0\u1ee3c x\u1ebfp h\u1ea1ng \u201cBBB\u201d tr\u1edf l\u00ean th\u00ec v\u1eabn \u0111\u01b0\u1ee3c coi l\u00e0 m\u1ee9c x\u1ebfp h\u1ea1ng c\u00f3 th\u1ec3 \u0111\u1ea7u t\u01b0.<\/p>\n<p>N\u1ebfu \u0111\u1ec3 t\u00e1c \u0111\u1ed9ng nghi\u00eam tr\u1ecdng \u0111\u1ebfn gi\u00e1 v\u00e0 tri\u1ec3n v\u1ecdng c\u1ee7a m\u1ed9t tr\u00e1i phi\u1ebfu c\u1ee5 th\u1ec3 n\u00e0o \u0111\u00f3 th\u00ec c\u00f3 th\u1ec3 l\u00e0m m\u1ee9c \u0111\u1ed9 t\u00edn d\u1ee5ng xu\u1ed1ng h\u1ea1ng t\u1eeb \u201cBBB\u201d l\u00e0 c\u1ea5p \u0111\u1ea7u t\u01b0, xu\u1ed1ng th\u00e0nh \u201cBB\u201d t\u1ee9c c\u1ea5p d\u01b0\u1edbi m\u1ee9c c\u00f3 th\u1ec3 \u0111\u1ea7u t\u01b0.<\/p>\n<p>B\u1ea5t c\u1ee9 danh m\u1ee5c \u0111\u1ea7u t\u01b0 n\u00e0o \u0111\u01b0\u1ee3c \u1ee7y th\u00e1c gi\u1eef kho\u1ea3n n\u1ee3 c\u1ee7a m\u1ee9c \u0111\u1ea7u t\u01b0 tr\u1edf l\u00ean s\u1ebd kh\u00f4ng \u0111\u01b0\u1ee3c ph\u00e9p ti\u1ebfp t\u1ee5c n\u1eafm gi\u1eef lo\u1ea1i tr\u00e1i phi\u1ebfu \u0111\u00f3. \u0110\u1ed3ng th\u1eddi, tr\u00e1i phi\u1ebfu ho\u00e0n to\u00e0n c\u00f3 th\u1ec3 b\u1ecb xu\u1ed1ng h\u1ea1ng n\u1ebfu c\u00e1c th\u00f4ng tin c\u01a1 b\u1ea3n c\u1ee7a doanh nghi\u1ec7p ph\u00e1t h\u00e0nh n\u00f3 c\u00f3 chi\u1ec1u h\u01b0\u1edbng x\u1ea5u \u0111i.<\/p>\n<p><strong>M\u1ee9c \u0111\u1ea7u t\u01b0 c\u1ed5 phi\u1ebfu suy y\u1ebfu<\/strong><\/p>\n<p>\u0110\u00e2y c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c xem l\u00e0 \u0111i\u1ec1u hi\u1ec3n nhi\u00ean v\u00e0 l\u00e0 h\u1ec7 l\u1ee5y c\u1ee7a 2 \u1ea3nh h\u01b0\u1edfng tr\u00ean v\u00ec doanh nghi\u1ec7p \u0111\u00e3 kh\u00f4ng c\u00f2n x\u00e2y d\u1ef1ng \u0111\u01b0\u1ee3c l\u00f2ng tin \u0111\u1ee7 \u0111\u1ec3 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 tin t\u01b0\u1edfng v\u00e0 xu\u1ed1ng ti\u1ec1n cho c\u1ed5 phi\u1ebfu, tr\u00e1i phi\u1ebfu n\u00f3i chung. Nh\u00e0 ph\u00e2n t\u00edch ho\u00e0n to\u00e0n \u0111\u1ee7 kh\u1ea3 n\u0103ng gi\u1ea3m x\u1ebfp h\u1ea1ng m\u1ed9t c\u1ed5 phi\u1ebfu t\u1eeb m\u1ee9c \u201cN\u00ean mua\u201d th\u00e0nh \u201cN\u00ean b\u00e1n\u201d sau khi doanh nghi\u1ec7p th\u00f4ng c\u00e1o ch\u00ednh th\u1ee9c v\u1ec1 th\u00f4ng tin v\u1ec1 ho\u1ea1t \u0111\u1ed9ng giao d\u1ecbch c\u1ee7a c\u00f4ng ty.<\/p>\n<p>D\u1ef1a v\u00e0o c\u00e1c k\u1ebft qu\u1ea3 n\u00e0y, nh\u00e0 ph\u00e2n t\u00edch s\u1ebd \u0111\u01b0a ra c\u00e1c khuy\u1ebfn ngh\u1ecb v\u1ec1 th\u1ecb tr\u01b0\u1eddng c\u1ed5 phi\u1ebfu \u0111\u1ec3 gi\u00fap kh\u00e1ch h\u00e0ng ho\u1eb7c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ee7a m\u00ecnh c\u00f3 c\u00e1i nh\u00ecn kh\u00e1i qu\u00e1t v\u1ec1 hi\u1ec7u su\u1ea5t d\u1ef1 ki\u1ebfn c\u1ee7a m\u1ed9t lo\u1ea1i ch\u1ee9ng kho\u00e1n. C\u1ed5 phi\u1ebfu c\u0169ng c\u00f3 th\u1ec3 b\u1ecb xu\u1ed1ng h\u1ea1ng n\u1ebfu c\u00e1c y\u1ebfu t\u1ed1 c\u01a1 b\u1ea3n c\u1ee7a doanh nghi\u1ec7p ph\u00e1t h\u00e0nh suy gi\u1ea3m, ho\u1eb7c do th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i ho\u1eb7c m\u00f4i tr\u01b0\u1eddng v\u0129 m\u00f4 kh\u00f4ng \u1ee7ng h\u1ed9 ng\u00e0nh kinh doanh c\u1ee7a doanh nghi\u1ec7p \u1ea5y.<\/p>\n<p>Ngo\u00e0i ra, c\u00e1c \u0111\u1ec1 xu\u1ea5t n\u00e0y c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh khi c\u00f3 th\u00f4ng tin m\u1edbi, v\u00ed d\u1ee5 nh\u01b0 gi\u00e1 c\u1ee7a c\u1ed5 phi\u1ebfu ho\u1eb7c d\u1eef li\u1ec7u m\u1edbi \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 trong b\u00e1o c\u00e1o t\u00e0i ch\u00ednh c\u1ee7a doanh nghi\u1ec7p \u1edf c\u00e1c k\u1ef3. Do v\u1eady, doanh nghi\u1ec7p c\u1ea7n h\u1ebft s\u1ee9c l\u01b0u \u00fd khi c\u1ed5 phi\u1ebfu c\u00f3 d\u1ea5u hi\u1ec7u xu\u1ed1ng h\u1ea1ng ho\u1eb7c \u0111\u00e3 b\u1ecb xu\u1ed1ng h\u1ea1ng trong m\u1ed9t kho\u1ea3ng th\u1eddi gian.<\/p>\n<h2><span id=\"Lam_the_nao_de_han_che_rui_ro_voi_tinh_trang_downgrade\"><strong>L\u00e0m th\u1ebf n\u00e0o \u0111\u1ec3 h\u1ea1n ch\u1ebf r\u1ee7i ro v\u1edbi t\u00ecnh tr\u1ea1ng downgrade?<\/strong><\/span><\/h2>\n<p>Ngo\u00e0i vi\u1ec7c hi\u1ec3u \u0111\u01b0\u1ee3c kh\u00e1i ni\u1ec7m downgrade l\u00e0 g\u00ec, b\u1ea1n c\u0169ng c\u00f3 th\u1ec3 t\u00ecm hi\u1ec3u \u0111\u01b0\u1ee3c nh\u1eefng ph\u01b0\u01a1ng th\u1ee9c c\u00f3 th\u1ec3 h\u1ea1n ch\u1ebf v\u1ea5n \u0111\u1ec1 n\u00e0y.<\/p>\n<p>\u0110\u1ed1i v\u1edbi doanh nghi\u1ec7p \u0111ang ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu: hi\u1ec3u \u0111\u01b0\u1ee3c t\u1ea7m quan tr\u1ecdng c\u1ee7a v\u1ea5n \u0111\u1ec1 ho\u1ea1t \u0111\u1ed9ng \u1ed5n \u0111\u1ecbnh v\u00e0 m\u1ee9c \u0111\u1ed9 t\u00edn d\u1ee5ng tr\u00ean b\u1ea3ng x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng chung. Doanh nghi\u1ec7p c\u1ea7n ph\u1ea3i c\u00f3 nh\u1eefng gi\u1ea3i ph\u00e1p can thi\u1ec7p k\u1ecbp th\u1eddi \u0111\u1ec3 h\u1ea1n ch\u1ebf t\u00ecnh tr\u1ea1ng d\u01b0 n\u1ee3 x\u1ea5u, ch\u1eadm thu\u1ebf, huy \u0111\u1ed9ng v\u1ed1n, thanh to\u00e1n qu\u1ed1c t\u1ebf\u2026 T\u1ea5t c\u1ea3 nh\u1eefng v\u1ea5n \u0111\u1ec1 n\u00e0y c\u00f3 th\u1ec3 khi\u1ebfn x\u1ebfp h\u1ea1ng m\u1ed9t c\u1ed5 phi\u1ebfu c\u1ee7a doanh nghi\u1ec7p t\u1eeb m\u1ee9c \u201cN\u00ean mua\u201d th\u00e0nh \u201cN\u00ean b\u00e1n\u201d.<\/p>\n<p>\u0110\u1ed1i v\u1edbi ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 \u0111ang n\u1eafm gi\u1eef c\u1ed5 phi\u1ebfu: kh\u00e1ch h\u00e0ng ho\u1eb7c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111ang n\u1eafm gi\u1eef c\u1ed5 phi\u1ebfu c\u1ee7a c\u00e1c doanh nghi\u1ec7p n\u00ean ch\u00fa \u00fd c\u1eadp nh\u1eadt th\u00f4ng tin li\u00ean t\u1ee5c t\u1eeb c\u00e1c \u0111\u01a1n v\u1ecb x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng \u0111\u1ec3 xem x\u00e9t v\u1ec1 kh\u1ea3 n\u0103ng c\u1ee7a doanh nghi\u1ec7p \u1ea5y.<\/p>\n<p>Trong tr\u01b0\u1eddng h\u1ee3p doanh nghi\u1ec7p \u0111\u00e3 r\u01a1i xu\u1ed1ng m\u1ee9c t\u1ed1i thi\u1ec3u c\u00f3 th\u1ec3 \u0111\u1ea7u t\u01b0, t\u1ee9c m\u1ee9c \u201cBBB\u201d th\u00ec n\u00ean c\u00e2n nh\u1eafc xem c\u00f3 n\u00ean b\u00e1n hay kh\u00f4ng. C\u00e1c th\u00f4ng tin c\u00f3 th\u1ec3 mang t\u00ednh ch\u1ea5t tham kh\u1ea3o nh\u01b0ng c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u1eabn n\u00ean l\u01b0u \u00fd v\u1ec1 m\u1ee5c \u0111\u00edch \u0111\u1ea7u t\u01b0 (d\u00e0i h\u1ea1n hay ng\u1eafn h\u1ea1n) \u0111\u1ec3 c\u00f3 th\u1ec3 \u0111\u01b0a ra m\u1ed9t quy\u1ebft \u0111\u1ecbnh ch\u00ednh x\u00e1c nh\u1ea5t.<\/p>\n<p>Hy v\u1ecdng v\u1edbi nh\u1eefng th\u00f4ng tin li\u00ean quan \u0111\u1ebfn kh\u00e1i ni\u1ec7m downgrade l\u00e0 g\u00ec tr\u00ean \u0111\u00e2y \u0111\u00e3 gi\u00fap c\u00e1c b\u1ea1n hi\u1ec3u \u0111\u01b0\u1ee3c thu\u1eadt ng\u1eef n\u00e0y c\u0169ng nh\u01b0 nh\u1eefng \u1ea3nh h\u01b0\u1edfng c\u1ee7a n\u00f3 \u0111\u1ebfn ho\u1ea1t \u0111\u1ed9ng doanh nghi\u1ec7p trong vi\u1ec7c ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu n\u00f3i chung.<\/p>\n<p style=\"text-align: right;\"><strong>Pha L\u00ea<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>T\u00ecm hi\u1ec3u ch\u00ednh x\u00e1c downgrade l\u00e0 g\u00ec trong ho\u1ea1t \u0111\u1ed9ng doanh nghi\u1ec7p s\u1ebd gi\u00fap b\u1ea1n c\u00f3 c\u00e1i nh\u00ecn t\u1ed5ng quan h\u01a1n v\u1ec1 s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a doanh nghi\u1ec7p.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[429],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/21507"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=21507"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/21507\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=21507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=21507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=21507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}