{"id":31887,"date":"2023-12-07T12:57:06","date_gmt":"2023-12-07T12:57:06","guid":{"rendered":"https:\/\/masterskills.org\/blog\/dau-tu-gi-green-field-investment-la-gi-rui-ro-va-loi-ich-cua-dau-tu-gi.html"},"modified":"2023-12-23T09:40:05","modified_gmt":"2023-12-23T02:40:05","slug":"dau-tu-gi-green-field-investment-la-gi-rui-ro-va-loi-ich-cua-dau-tu-gi","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/dau-tu-gi-green-field-investment-la-gi-rui-ro-va-loi-ich-cua-dau-tu-gi.html","title":{"rendered":"\u0110\u1ea7u t\u01b0 GI (Green-Field Investment) l\u00e0 g\u00ec? R\u1ee7i ro v\u00e0 l\u1ee3i \u00edch c\u1ee7a \u0111\u1ea7u t\u01b0 GI"},"content":{"rendered":"
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H\u00ecnh minh h\u1ecda. Ngu\u1ed3n: Corporate Finance Institute<\/p>\n<\/figcaption><\/figure>\n

\u0110\u1ea7u t\u01b0 GI<\/font><\/h2>\n

Kh\u00e1i ni\u1ec7m<\/b><\/p>\n

\u0110\u1ea7u t\u01b0 GI <\/b>hay \u0111\u1ea7u t\u01b0 m\u1edbi<\/b> trong ti\u1ebfng Anh l\u00e0 Green-Field Investment<\/b>.<\/p>\n

\u0110\u1ea7u t\u01b0 GI<\/b> l\u00e0 m\u1ed9t h\u00ecnh th\u1ee9c\u00a0\u0111\u1ea7u t\u01b0 tr\u1ef1c ti\u1ebfp n\u01b0\u1edbc ngo\u00e0i\u00a0(FDI) trong \u0111\u00f3 c\u00f4ng ty m\u1eb9 l\u1eadp ra m\u1ed9t c\u00f4ng ty con \u1edf m\u1ed9t qu\u1ed1c gia kh\u00e1c, x\u00e2y d\u1ef1ng c\u00e1c ho\u1ea1t \u0111\u1ed9ng c\u1ee7a m\u00ecnh ngay t\u1eeb \u0111\u1ea7u. Ngo\u00e0i vi\u1ec7c x\u00e2y d\u1ef1ng c\u00e1c c\u01a1 s\u1edf s\u1ea3n xu\u1ea5t m\u1edbi, c\u00e1c d\u1ef1 \u00e1n n\u00e0y c\u0169ng c\u00f3 th\u1ec3 bao g\u1ed3m vi\u1ec7c x\u00e2y d\u1ef1ng c\u00e1c trung t\u00e2m ph\u00e2n ph\u1ed1i m\u1edbi, v\u0103n ph\u00f2ng v\u00e0 khu nh\u00e0 \u1edf.\u00a0<\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a \u0111\u1ea7u t\u01b0 GI<\/font><\/h3>\n

Thu\u1eadt ng\u1eef n\u00e0y b\u1eaft ngu\u1ed3n t\u1eeb m\u1ed9t th\u1ef1c t\u1ebf r\u1eb1ng, m\u1ed9t c\u00f4ng ty (th\u01b0\u1eddng l\u00e0 c\u00f4ng ty \u0111a qu\u1ed1c gia – MNC) tri\u1ec3n khai \u0111\u1ea7u t\u01b0 m\u1ea1o hi\u1ec3m tr\u00ean m\u1ed9t v\u00f9ng \u0111\u1ed3ng \u0111\u1ea5t tr\u1ed1ng. Tr\u01b0\u1edbc khi x\u00e2y d\u1ef1ng m\u1ed9t c\u01a1 s\u1edf m\u1edbi, v\u00f9ng \u0111\u1ea5t c\u00f3 th\u1ec3 ch\u00ednh l\u00e0 m\u1ed9t c\u00e1nh \u0111\u1ed3ng xanh (green field), ch\u1eb3ng h\u1ea1n nh\u01b0 b\u00e3i c\u1ecf tr\u1ed1ng, ph\u1ee7 \u0111\u1ea7y c\u00e2y c\u1ed1i tr\u01b0\u1edbc khi \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng.\u00a0<\/p>\n

C\u00e1c d\u1ef1 \u00e1n n\u00e0y l\u00e0 c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 tr\u1ef1c ti\u1ebfp n\u01b0\u1edbc ngo\u00e0i, \u0111\u01b0\u1ee3c bi\u1ebft \u0111\u1ebfn \u0111\u01a1n gi\u1ea3n l\u00e0 c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 tr\u1ef1c ti\u1ebfp, trao cho c\u00f4ng ty t\u00e0i tr\u1ee3 m\u1ee9c \u0111\u1ed9 ki\u1ec3m so\u00e1t cao nh\u1ea5t.<\/p>\n

M\u1ed9t ph\u01b0\u01a1ng ph\u00e1p FDI kh\u00e1c l\u00e0 mua l\u1ea1i ho\u1eb7c mua c\u1ed5 ph\u1ea7n ki\u1ec3m so\u00e1t trong m\u1ed9t c\u00f4ng ty n\u01b0\u1edbc ngo\u00e0i. Tuy nhi\u00ean, khi m\u1ed9t doanh nghi\u1ec7p \u0111i theo con \u0111\u01b0\u1eddng mua l\u1ea1i, h\u1ecd c\u00f3 th\u1ec3 ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi c\u00e1c qui \u0111\u1ecbnh ho\u1eb7c kh\u00f3 kh\u0103n c\u00f3 th\u1ec3 c\u1ea3n tr\u1edf qu\u00e1 tr\u00ecnh n\u00e0y.\u00a0<\/p>\n

V\u00ed d\u1ee5, trong m\u1ed9t d\u1ef1 \u00e1n GI, vi\u1ec7c x\u00e2y d\u1ef1ng nh\u00e0 m\u00e1y c\u1ee7a m\u1ed9t c\u00f4ng ty \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n theo th\u00f4ng s\u1ed1 k\u0129 thu\u1eadt c\u1ee7a n\u00f3, nh\u00e2n vi\u00ean \u0111\u01b0\u1ee3c \u0111\u00e0o t\u1ea1o theo ti\u00eau chu\u1ea9n c\u1ee7a c\u00f4ng ty v\u00e0 c\u00e1c qui tr\u00ecnh ch\u1ebf t\u1ea1o c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c ki\u1ec3m so\u00e1t ch\u1eb7t ch\u1ebd.\u00a0<\/p>\n

H\u00ecnh th\u1ee9c n\u00e0y tr\u00e1i ng\u01b0\u1ee3c v\u1edbi \u0111\u1ea7u t\u01b0 gi\u00e1n ti\u1ebfp, ch\u1eb3ng h\u1ea1n nh\u01b0 vi\u1ec7c mua ch\u1ee9ng kho\u00e1n n\u01b0\u1edbc ngo\u00e0i. C\u00e1c c\u00f4ng ty c\u00f3 th\u1ec3 c\u00f3 \u00edt ho\u1eb7c kh\u00f4ng c\u00f3 s\u1ef1 ki\u1ec3m so\u00e1t trong ho\u1ea1t \u0111\u1ed9ng, ki\u1ec3m so\u00e1t ch\u1ea5t l\u01b0\u1ee3ng, b\u00e1n h\u00e0ng v\u00e0 \u0111\u00e0o t\u1ea1o n\u1ebfu nh\u01b0 h\u1ecd s\u1eed d\u1ee5ng \u0111\u1ea7u t\u01b0 gi\u00e1n ti\u1ebfp.<\/p>\n

\u1ede gi\u1eefa d\u1ef1 \u00e1n GI v\u00e0 \u0111\u1ea7u t\u01b0 gi\u00e1n ti\u1ebfp l\u00e0 \u0111\u1ea7u t\u01b0 BI (Brownfield Investment). V\u1edbi\u00a0\u0111\u1ea7u t\u01b0 BI, m\u1ed9t c\u00f4ng ty cho thu\u00ea c\u00e1c c\u01a1 s\u1edf v\u00e0 \u0111\u1ea5t \u0111ai hi\u1ec7n c\u00f3, v\u00e0 \u0111i\u1ec1u ch\u1ec9nh ch\u00fang cho ph\u00f9 h\u1ee3p v\u1edbi nhu c\u1ea7u c\u1ee7a h\u1ecd. C\u1ea3i t\u1ea1o v\u00e0 t\u00f9y ch\u1ec9nh th\u01b0\u1eddng d\u1eabn \u0111\u1ebfn chi ph\u00ed th\u01b0\u01a1ng \u0111\u1ed1i th\u1ea5p v\u00e0 quay v\u00f2ng nhanh h\u01a1n so v\u1edbi x\u00e2y d\u1ef1ng t\u1eeb ban \u0111\u1ea7u.\u00a0<\/p>\n

R\u1ee7i ro v\u00e0 l\u1ee3i \u00edch c\u1ee7a \u0111\u1ea7u t\u01b0 GI<\/font><\/h3>\n

C\u00e1c n\u01b0\u1edbc \u0111ang ph\u00e1t tri\u1ec3n c\u00f3 xu h\u01b0\u1edbng thu h\u00fat c\u00e1c c\u00f4ng ty ti\u1ec1m n\u0103ng b\u1eb1ng c\u00e1c \u0111\u1ec1 ngh\u1ecb gi\u1ea3m thu\u1ebf, ho\u1eb7c h\u1ecd c\u00f3 th\u1ec3 nh\u1eadn \u0111\u01b0\u1ee3c tr\u1ee3 c\u1ea5p ho\u1eb7c c\u00e1c \u01b0u \u0111\u00e3i kh\u00e1c \u0111\u1ec3 thi\u1ebft l\u1eadp m\u1ed9t kho\u1ea3n \u0111\u1ea7u t\u01b0 GI<\/b>. M\u1eb7c d\u00f9 nh\u1eefng s\u1ef1 nh\u00e2n nh\u01b0\u1ee3ng n\u00e0y c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn doanh thu thu\u1ebf doanh nghi\u1ec7p th\u1ea5p h\u01a1n cho b\u00ean n\u01b0\u1edbc ngo\u00e0i trong th\u1eddi gian ng\u1eafn, nh\u01b0ng l\u1ee3i \u00edch kinh t\u1ebf v\u00e0 s\u1ef1 t\u0103ng c\u01b0\u1eddng v\u1ed1n nh\u00e2n l\u1ef1c \u0111\u1ecba ph\u01b0\u01a1ng c\u00f3 th\u1ec3 mang l\u1ea1i l\u1ee3i nhu\u1eadn t\u00edch c\u1ef1c cho n\u01b0\u1edbc s\u1edf t\u1ea1i trong d\u00e0i h\u1ea1n.<\/p>\n

Gi\u1ed1ng nh\u01b0 b\u1ea5t k\u00ec c\u00f4ng ty kh\u1edfi nghi\u1ec7p n\u00e0o, \u0111\u1ea7u t\u01b0 GI \u0111\u00f2i h\u1ecfi r\u1ee7i ro cao h\u01a1n v\u00e0 chi ph\u00ed cao h\u01a1n, li\u00ean quan \u0111\u1ebfn vi\u1ec7c x\u00e2y d\u1ef1ng c\u00e1c nh\u00e0 m\u00e1y ho\u1eb7c nh\u00e0 m\u00e1y s\u1ea3n xu\u1ea5t m\u1edbi. R\u1ee7i ro nh\u1ecf h\u01a1n l\u00e0 vi\u1ec7c x\u00e2y d\u1ef1ng lan tr\u00e0n, v\u1ea5n \u0111\u1ec1 v\u1ec1 gi\u1ea5y ph\u00e9p hay kh\u00f3 kh\u0103n trong vi\u1ec7c ti\u1ebfp c\u1eadn c\u00e1c ngu\u1ed3n l\u1ef1c v\u00e0 c\u00e1c v\u1ea5n \u0111\u1ec1 v\u1edbi lao \u0111\u1ed9ng \u0111\u1ecba ph\u01b0\u01a1ng.\u00a0<\/p>\n

C\u00e1c c\u00f4ng ty d\u1ef1 t\u00ednh d\u1ef1 \u00e1n GI th\u01b0\u1eddng \u0111\u1ea7u t\u01b0 m\u1ed9t kho\u1ea3n l\u1edbn c\u1ea3 v\u1ec1 th\u1eddi gian v\u00e0 ti\u1ec1n b\u1ea1c \u0111\u1ec3 l\u00e0m ti\u1ec1n nghi\u00ean c\u1ee9u nh\u1eb1m x\u00e1c \u0111\u1ecbnh t\u00ednh kh\u1ea3 thi v\u00e0 hi\u1ec7u qu\u1ea3 chi ph\u00ed.\u00a0<\/p>\n

L\u00e0 m\u1ed9t cam k\u1ebft d\u00e0i h\u1ea1n, m\u1ed9t trong nh\u1eefng r\u1ee7i ro l\u1edbn nh\u1ea5t trong \u0111\u1ea7u t\u01b0 v\u00e0o l\u0129nh v\u1ef1c GI l\u00e0 m\u1ed1i quan h\u1ec7 v\u1edbi n\u01b0\u1edbc ch\u1ee7 nh\u00e0, \u0111\u1eb7c bi\u1ec7t l\u00e0 b\u1ea5t \u1ed5n v\u1ec1 ch\u00ednh tr\u1ecb. B\u1ea5t k\u00ec tr\u01b0\u1eddng h\u1ee3p ho\u1eb7c s\u1ef1 ki\u1ec7n n\u00e0o d\u1eabn \u0111\u1ebfn vi\u1ec7c c\u00f4ng ty c\u1ea7n r\u00fat kh\u1ecfi d\u1ef1 \u00e1n b\u1ea5t c\u1ee9 l\u00fac n\u00e0o c\u0169ng c\u00f3 th\u1ec3 g\u00e2y t\u1ed5n h\u1ea1i \u0111\u1ebfn t\u00e0i ch\u00ednh doanh nghi\u1ec7p.<\/p>\n

(Theo Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n \u0110\u1ea7u t\u01b0 GI (ti\u1ebfng Anh: Green-Field Investment) l\u00e0 m\u1ed9t h\u00ecnh th\u1ee9c \u0111\u1ea7u t\u01b0 tr\u1ef1c ti\u1ebfp n\u01b0\u1edbc ngo\u00e0i (FDI) trong \u0111\u00f3 c\u00f4ng ty m\u1eb9 l\u1eadp ra m\u1ed9t c\u00f4ng ty con \u1edf m\u1ed9t qu\u1ed1c gia kh\u00e1c, x\u00e2y d\u1ef1ng c\u00e1c ho\u1ea1t \u0111\u1ed9ng c\u1ee7a m\u00ecnh ngay t\u1eeb \u0111\u1ea7u.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[418],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31887"}],"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=31887"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31887\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}