{"id":46479,"date":"2025-09-03T15:53:52","date_gmt":"2025-09-03T08:53:52","guid":{"rendered":"https:\/\/hbbgroup.net\/chuyen-gia-aas-khong-minh-bach-kho-xuong-tien\/"},"modified":"2025-09-03T15:53:52","modified_gmt":"2025-09-03T08:53:52","slug":"chuyen-gia-aas-khong-minh-bach-kho-xuong-tien","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/chuyen-gia-aas-khong-minh-bach-kho-xuong-tien\/","title":{"rendered":"Chuy\u00ean gia AAS: Kh\u00f4ng minh b\u1ea1ch, kh\u00f3 xu\u1ed1ng ti\u1ec1n"},"content":{"rendered":"
\n

Chuy\u00ean gia AAS: Kh\u00f4ng minh b\u1ea1ch, kh\u00f3 xu\u1ed1ng ti\u1ec1n<\/p>\n

C\u00f4ng b\u1ed1 th\u00f4ng tin l\u00e0 m\u1ed9t ngh\u0129a v\u1ee5 \u0111\u1ed1i v\u1edbi c\u00e1c doanh nghi\u1ec7p ni\u00eam y\u1ebft tr\u00ean s\u00e0n, v\u00e0 y\u00eau c\u1ea7u cho ngh\u0129a v\u1ee5 n\u00e0y \u0111ang ng\u00e0y c\u00e0ng ch\u1eb7t ch\u1ebd h\u01a1n trong b\u1ed1i c\u1ea3nh n\u1ec1n kinh t\u1ebf \u0111\u1ea5t n\u01b0\u1edbc b\u01b0\u1edbc v\u00e0o k\u1ef7 nguy\u00ean v\u01b0\u01a1n m\u00ecnh. Khi m\u1ed9t doanh nghi\u1ec7p kh\u00f4ng \u0111\u1ee7 minh b\u1ea1ch, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u0169ng kh\u00f3 l\u00f2ng xu\u1ed1ng ti\u1ec1n. <\/p>\n

Sai l\u1ea7m t\u1eeb nh\u1eefng c\u00f4ng b\u1ed1 th\u00f4ng tin m\u01a1 h\u1ed3<\/p>\n

Chia s\u1ebb v\u1edbi ch\u00fang t\u00f4i, \u00f4ng V\u0169 Duy Kh\u00e1nh, Gi\u00e1m \u0111\u1ed1c Trung t\u00e2m Ph\u00e2n t\u00edch CTCP Ch\u1ee9ng kho\u00e1n Smart Invest (UPCoM: AAS<\/a>) cho bi\u1ebft: m\u1ed9t trong nh\u1eefng sai l\u1ea7m ph\u1ed5 bi\u1ebfn nh\u1ea5t c\u1ee7a c\u00e1c doanh nghi\u1ec7p hi\u1ec7n nay l\u00e0 c\u00f4ng b\u1ed1 th\u00f4ng tin v\u1edbi nh\u1eefng ng\u00f4n t\u1eeb ph\u1ee9c t\u1ea1p, qu\u00e1 k\u1ef9 thu\u1eadt; ho\u1eb7c chung chung, thi\u1ebfu \u0111i s\u1ef1 r\u00f5 r\u00e0ng, c\u1ee5 th\u1ec3. <\/p>\n

\u201cNhi\u1ec1u doanh nghi\u1ec7p kh\u00f4ng truy\u1ec1n \u0111\u1ea1t \u0111\u01b0\u1ee3c c\u00e2u chuy\u1ec7n v\u1ec1 m\u00f4 h\u00ecnh kinh doanh, chi\u1ebfn l\u01b0\u1ee3c ph\u00e1t tri\u1ec3n, hay l\u1ee3i th\u1ebf c\u1ea1nh tranh c\u1ee7a m\u00ecnh m\u1ed9t c\u00e1ch d\u1ec5 hi\u1ec3u. Thay v\u00e0o \u0111\u00f3, h\u1ecd l\u1ea1i t\u1eadp trung v\u00e0o c\u00e1c s\u1ed1 li\u1ec7u kh\u00f4 khan ho\u1eb7c th\u00f4ng tin b\u00ean l\u1ec1, khi\u1ebfn nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00f3 n\u1eafm b\u1eaft \u0111\u01b0\u1ee3c b\u1ee9c tranh to\u00e0n c\u1ea3nh. Ngo\u00e0i ra, vi\u1ec7c thi\u1ebfu minh b\u1ea1ch ho\u1eb7c kh\u00f4ng c\u1eadp nh\u1eadt th\u00f4ng tin th\u01b0\u1eddng xuy\u00ean c\u0169ng l\u00e0m gia t\u0103ng s\u1ef1 m\u01a1 h\u1ed3\u201d – theo \u00f4ng Kh\u00e1nh. <\/p>\n

B\u00ean c\u1ea1nh \u0111\u00f3, m\u1ed9t s\u1ed1 doanh nghi\u1ec7p c\u00f3 th\u1ec3 c\u1ed1 t\u00ecnh c\u00f4ng b\u1ed1 m\u01a1 h\u1ed3 nh\u1eb1m g\u00e2y hi\u1ec3u nh\u1ea7m. \u201cCh\u1eb3ng h\u1ea1n nh\u01b0 th\u00f4ng tin v\u1ec1 c\u00e1c d\u1ef1 \u00e1n, m\u1ed9t s\u1ed1 doanh nghi\u1ec7p c\u1ed1 t\u00ecnh \u0111\u00e1nh tr\u00e1o kh\u00e1i ni\u1ec7m ho\u1eb7c gi\u1ea5u m\u1ed9t s\u1ed1 th\u00f4ng tin chi ti\u1ebft \u0111\u1ec3 khi\u1ebfn nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u1ecbnh gi\u00e1 nh\u1ea7m. C\u00e1c v\u1ea5n \u0111\u1ec1 ngh\u0129a v\u1ee5 ph\u00e1p l\u00fd ti\u1ec1m t\u00e0ng \u1ea3nh h\u01b0\u1edfng tr\u1ecdng y\u1ebfu t\u1edbi t\u00e0i s\u1ea3n c\u1ee7a doanh nghi\u1ec7p c\u0169ng hi\u1ebfm khi \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 m\u1ed9t c\u00e1ch \u0111\u1ea7y \u0111\u1ee7. V\u1ec1 l\u00e2u d\u00e0i, nh\u1eefng s\u1ef1 ki\u1ec7n n\u00e0y khi\u1ebfn nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea3m th\u1ea5y kh\u00f4ng tin t\u01b0\u1edfng v\u00e0o th\u00f4ng tin doanh nghi\u1ec7p truy\u1ec1n t\u1ea3i\u201d <\/em>– tr\u00edch l\u1eddi v\u1ecb chuy\u00ean gia. <\/p>\n

S\u1ef1 m\u01a1 h\u1ed3 n\u00e0y \u1ea3nh h\u01b0\u1edfng l\u1edbn \u0111\u1ebfn quy\u1ebft \u0111\u1ecbnh c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 trong vi\u1ec7c xu\u1ed1ng ti\u1ec1n hay kh\u00f4ng. Theo \u00f4ng Kh\u00e1nh, m\u1ed9t c\u1ed5 phi\u1ebfu y\u1ebfu thanh kho\u1ea3n c\u00f3 th\u1ec3 l\u00e0 d\u1ea5u hi\u1ec7u c\u1ee7a vi\u1ec7c truy\u1ec1n \u0111\u1ea1t th\u00f4ng tin k\u00e9m hi\u1ec7u qu\u1ea3. N\u1ebfu doanh nghi\u1ec7p kh\u00f4ng truy\u1ec1n \u0111\u1ea1t r\u00f5 r\u00e0ng v\u1ec1 gi\u00e1 tr\u1ecb, chi\u1ebfn l\u01b0\u1ee3c, ho\u1eb7c tri\u1ec3n v\u1ecdng t\u0103ng tr\u01b0\u1edfng, nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ebd thi\u1ebfu ni\u1ec1m tin \u0111\u1ec3 giao d\u1ecbch c\u1ed5 phi\u1ebfu, d\u1eabn \u0111\u1ebfn thanh kho\u1ea3n th\u1ea5p. Tuy nhi\u00ean, \u00f4ng c\u0169ng l\u01b0u \u00fd r\u1eb1ng, l\u00fd do c\u00f2n n\u1eb1m \u1edf b\u1ed1i c\u1ea3nh c\u1ee5 th\u1ec3.<\/p>\n

\u201cThanh kho\u1ea3n y\u1ebfu c\u0169ng c\u00f3 th\u1ec3 do c\u00e1c y\u1ebfu t\u1ed1 kh\u00e1c nh\u01b0 quy m\u00f4 th\u1ecb tr\u01b0\u1eddng nh\u1ecf, t\u00e2m l\u00fd nh\u00e0 \u0111\u1ea7u t\u01b0 th\u1eadn tr\u1ecdng, ho\u1eb7c thi\u1ebfu s\u1ef1 quan t\u00e2m t\u1eeb c\u00e1c \u0111\u1ecbnh ch\u1ebf t\u00e0i ch\u00ednh. C\u0169ng c\u00f3 nh\u1eefng c\u1ed5 phi\u1ebfu t\u1ed1t qu\u00e1, c\u1ed5 \u0111\u00f4ng n\u1eafm gi\u1eef kh\u00f4ng b\u00e1n ra, khi\u1ebfn n\u00f3 kh\u00f4ng c\u00f3 thanh kho\u1ea3n. Nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00e1c c\u0169ng kh\u00f4ng c\u00f3 h\u1ee9ng th\u00fa giao d\u1ecbch v\u00ec kh\u00f4ng c\u00f3 h\u00e0ng \u0111\u1ec3 mua. Do \u0111\u00f3, c\u1ea7n xem x\u00e9t th\u00eam b\u1ed1i c\u1ea3nh c\u1ee5 th\u1ec3\u201d<\/em>, \u00f4ng Kh\u00e1nh n\u00f3i th\u00eam.<\/p>\n

<\/p>\n

M\u1ed9t sai l\u1ea7m l\u00e0 vi\u1ec7c doanh nghi\u1ec7p ch\u1ec9 t\u1eadp trung v\u00e0o c\u00e1c th\u00f4ng tin l\u1ea1c quan v\u00e0 l\u01b0\u1edbt qua r\u1ee7i ro. Theo \u00f4ng Kh\u00e1nh, minh b\u1ea1ch v\u1ec1 r\u1ee7i ro gi\u00fap x\u00e2y d\u1ef1ng ni\u1ec1m tin d\u00e0i h\u1ea1n v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0, \u0111\u1eb7c bi\u1ec7t l\u00e0 trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng. Che gi\u1ea5u ho\u1eb7c n\u00e9 tr\u00e1nh r\u1ee7i ro c\u00f3 th\u1ec3 khi\u1ebfn nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1ea5t l\u00f2ng tin khi r\u1ee7i ro x\u1ea3y ra, l\u00e0m t\u1ed5n h\u1ea1i uy t\u00edn doanh nghi\u1ec7p.<\/p>\n

C\u00e1ch truy\u1ec1n \u0111\u1ea1t l\u00e0 ch\u00eca kh\u00f3a minh b\u1ea1ch <\/p>\n

Theo chuy\u00ean gia AAS<\/span>, h\u00ecnh th\u1ee9c tr\u00ecnh b\u00e0y c\u1ee7a c\u00e1c t\u00e0i li\u1ec7u c\u00f4ng b\u1ed1 th\u00f4ng tin nh\u01b0 b\u00e1o c\u00e1o th\u01b0\u1eddng ni\u00ean, investor call (g\u1eb7p g\u1ee1 nh\u00e0 \u0111\u1ea7u t\u01b0)\u2026 c\u00f3 t\u00e1c \u0111\u1ed9ng l\u1edbn \u0111\u1ebfn kh\u1ea3 n\u0103ng th\u1ea5u hi\u1ec3u c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0. N\u1ebfu \u0111\u01b0\u1ee3c tr\u00ecnh b\u00e0y r\u00f5 r\u00e0ng, tr\u1ef1c quan v\u00e0 ng\u00f4n ng\u1eef d\u1ec5 hi\u1ec3u, nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ebd d\u1ec5 d\u00e0ng n\u1eafm b\u1eaft th\u00f4ng tin h\u01a1n.<\/p>\n

\u00d4ng Kh\u00e1nh cho bi\u1ebft, nhi\u1ec1u doanh nghi\u1ec7p ni\u00eam y\u1ebft t\u1ea1i Vi\u1ec7t Nam \u0111\u00e3 c\u1ea3i thi\u1ec7n ch\u1ea5t l\u01b0\u1ee3ng tr\u00ecnh b\u00e0y, \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e1c c\u00f4ng ty l\u1edbn. \u201cNhi\u1ec1u b\u00e1o c\u00e1o th\u01b0\u1eddng ni\u00ean s\u1eed d\u1ee5ng thi\u1ebft k\u1ebf hi\u1ec7n \u0111\u1ea1i, n\u1ed9i dung c\u00f4 \u0111\u1ecdng v\u00e0 tr\u1ef1c quan h\u01a1n nh\u01b0 VPB<\/a>, TCB<\/a>, MWG<\/a>\u2026 Tuy nhi\u00ean, v\u1eabn c\u00f2n m\u1ed9t s\u1ed1 doanh nghi\u1ec7p tr\u00ecnh b\u00e0y th\u00f4ng tin thi\u1ebfu nh\u1ea5t qu\u00e1n, h\u00ecnh th\u1ee9c tr\u00ecnh b\u00e0y d\u00e0i d\u00f2ng, kh\u00f4ng nh\u1ea5n m\u1ea1nh v\u00e0o c\u00e1c ch\u1ec9 s\u1ed1 c\u1ed1t l\u00f5i ho\u1eb7c kh\u00f4ng c\u1eadp nh\u1eadt th\u00f4ng tin k\u1ecbp th\u1eddi, khi\u1ebfn nh\u00e0 \u0111\u1ea7u t\u01b0 g\u1eb7p kh\u00f3 kh\u0103n trong vi\u1ec7c \u0111\u00e1nh gi\u00e1\u201d. <\/p>\n

B\u00ean c\u1ea1nh \u0111\u00f3, \u0111\u1ed1i t\u01b0\u1ee3ng truy\u1ec1n \u0111\u1ea1t c\u0169ng c\u1ea7n \u0111\u01b0\u1ee3c \u0111\u1ec3 \u00fd khi c\u00e1c th\u1ebf h\u1ec7 nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u1ebb tu\u1ed5i h\u01a1n, nh\u01b0 Gen Z, th\u1eadm ch\u00ed c\u1ea3 Gen Alpha gia nh\u1eadp th\u1ecb tr\u01b0\u1eddng. V\u1ecb chuy\u00ean gia nh\u1eadn \u0111\u1ecbnh, song song c\u00e2u chuy\u1ec7n t\u0103ng tr\u01b0\u1edfng, th\u1ebf h\u1ec7 F0 tr\u1ebb tu\u1ed5i t\u1ecf ra quan t\u00e2m nhi\u1ec1u h\u01a1n \u0111\u1ebfn gi\u00e1 tr\u1ecb c\u1ed1t l\u00f5i v\u00e0 v\u0103n h\u00f3a doanh nghi\u1ec7p, \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e1c \u0111\u01a1n v\u1ecb c\u00f3 gi\u00e1 tr\u1ecb ph\u00f9 h\u1ee3p v\u1edbi l\u1ed1i s\u1ed1ng c\u1ee7a h\u1ecd nh\u01b0 s\u1ef1 b\u1ec1n v\u1eefng, tr\u00e1ch nhi\u1ec7m x\u00e3 h\u1ed9i, ho\u1eb7c s\u00e1ng t\u1ea1o. Ngo\u00e0i ra, \u0111\u1ed9 ph\u1ee7 s\u00f3ng c\u1ee7a doanh nghi\u1ec7p tr\u00ean c\u00e1c n\u1ec1n t\u1ea3ng m\u1ea1ng x\u00e3 h\u1ed9i c\u0169ng g\u00e2y t\u00e1c \u0111\u1ed9ng l\u1edbn \u0111\u1ebfn quy\u1ebft \u0111\u1ecbnh c\u1ee7a nh\u00f3m n\u00e0y.<\/p>\n

H\u1ea3i \u00c2u<\/a><\/p>\n

FILI<\/a><\/p>\n

– 10:00 03\/09\/2025<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Chuy\u00ean gia AAS: Kh\u00f4ng minh b\u1ea1ch, kh\u00f3 xu\u1ed1ng ti\u1ec1n C\u00f4ng b\u1ed1 th\u00f4ng tin l\u00e0 m\u1ed9t ngh\u0129a v\u1ee5 \u0111\u1ed1i v\u1edbi c\u00e1c […]<\/p>","protected":false},"author":1,"featured_media":46480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[229],"tags":[],"class_list":["post-46479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-y-kien-chuyen-gia"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/46479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=46479"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/46479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/46480"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=46479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=46479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=46479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}