Lu\u1eadt Nh\u00e0 \u1edf v\u00e0 Lu\u1eadt Kinh doanh b\u1ea5t \u0111\u1ed9ng s\u1ea3n s\u1eeda \u0111\u1ed5i c\u00f3 hi\u1ec7u l\u1ef1c \u0111\u00e3 t\u1ea1o \u0111i\u1ec1u ki\u1ec7n cho c\u00e1c th\u01b0\u01a1ng v\u1ee5 mua b\u00e1n, s\u00e1p nh\u1eadp (M&A) tr\u00ean th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111\u01b0\u1ee3c ti\u1ebfn h\u00e0nh thu\u1eadn l\u1ee3i h\u01a1n, qua \u0111\u00f3 gi\u00fap ho\u1ea1t \u0111\u1ed9ng n\u00e0y th\u1eddi gian qua di\u1ec5n ra r\u1ea5t s\u00f4i \u0111\u1ed9ng.<\/p>\n
Li\u00ean t\u1ee5c trong th\u1eddi gian g\u1ea7n \u0111\u00e2y, th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u1edf c\u1ea3 2 th\u00e0nh ph\u1ed1 l\u1edbn l\u00e0 H\u00e0 N\u1ed9i v\u00e0 TP. HCM ch\u1ee9ng ki\u1ebfn nhi\u1ec1u th\u01b0\u01a1ng v\u1ee5 M&A, li\u00ean doanh, li\u00ean k\u1ebft gi\u1eefa c\u00e1c doanh nghi\u1ec7p \u0111\u1ecba \u1ed1c. C\u00f3 th\u1ec3 k\u1ec3 \u0111\u1ebfn nh\u1eefng t\u00ean tu\u1ed5i t\u00edch c\u1ef1c trong vi\u1ec7c s\u0103n t\u00ecm qu\u1ef9 \u0111\u1ea5t th\u1eddi gian qua nh\u01b0 Novaland, H\u01b0ng Th\u1ecbnh, \u0110\u1ea5t Xanh, Him Lam, Khang \u0110i\u1ec1n, Th\u1ee7 \u0110\u1ee9c House, Sacomreal, Vingroup, FLC, CEN Group\u2026<\/p>\n Ngo\u00e0i c\u00e1c doanh nghi\u1ec7p b\u1ea5t \u0111\u1ed9ng s\u1ea3n chuy\u1ec3n nghi\u1ec7p, th\u1eddi gian qua, th\u1ecb tr\u01b0\u1eddng c\u0169ng ch\u1ee9ng ki\u1ebfn nhi\u1ec1u doanh nghi\u1ec7p ngo\u00e0i ng\u00e0nh \u201cd\u00f2m ng\u00f3\u201d c\u00e1c d\u1ef1 \u00e1n b\u1ea5t \u0111\u1ed9ng s\u1ea3n. Ch\u1eb3ng h\u1ea1n, \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng m\u1edbi \u0111\u00e2y c\u1ee7a C\u00f4ng ty c\u1ed5 ph\u1ea7n X\u00e2y d\u1ef1ng Cotec (CTD) \u0111\u00e3 th\u00f4ng qua ph\u01b0\u01a1ng \u00e1n th\u00e0nh l\u1eadp c\u00f4ng ty m\u1edbi, ho\u1eb7c th\u1ef1c hi\u1ec7n M&A v\u1edbi c\u00e1c c\u00f4ng ty ho\u1eb7c d\u1ef1 \u00e1n x\u00e2y d\u1ef1ng b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111\u1ec3 m\u1edf r\u1ed9ng ho\u1ea1t \u0111\u1ed9ng s\u1ea3n xu\u1ea5t.<\/p>\n \u00d4ng Nguy\u1ec5n B\u00e1 D\u01b0\u01a1ng, Ch\u1ee7 t\u1ecbch H\u0110QT ki\u00eam T\u1ed5ng gi\u00e1m \u0111\u1ed1c CTD cho bi\u1ebft, trong t\u01b0\u01a1ng lai, C\u00f4ng ty s\u1ebd ph\u00e1t tri\u1ec3n \u0111a d\u1ea1ng ng\u00e0nh ngh\u1ec1 v\u1edbi m\u1ee5c ti\u00eau m\u1ea3ng x\u00e2y l\u1eb7p \u0111\u00f3ng g\u00f3p 50% doanh thu v\u00e0 c\u00e1c m\u1ea3ng kh\u00e1c \u0111\u00f3ng g\u00f3p n\u1eeda c\u00f2n l\u1ea1i.<\/p>\n T\u01b0\u01a1ng t\u1ef1, m\u1ed9t th\u01b0\u01a1ng hi\u1ec7u x\u00e2y l\u1eafp kh\u00e1c c\u0169ng l\u1ea5n s\u00e2n sang b\u1ea5t \u0111\u1ed9ng s\u1ea3n l\u00e0 C\u00f4ng ty c\u1ed5 ph\u1ea7n Licogi 13. T\u1ea1i \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng b\u1ea5t th\u01b0\u1eddng di\u1ec5n ra v\u00e0o \u0111\u1ea7u th\u00e1ng 1\/2016, \u0110\u1ea1i h\u1ed9i \u0111\u00e3 th\u00f4ng qua ph\u01b0\u01a1ng \u00e1n ph\u00e1t h\u00e0nh t\u0103ng v\u1ed1n \u0111\u1ec3 \u0111\u1ea7u t\u01b0 v\u00e0o m\u1ed9t s\u1ed1 d\u1ef1 \u00e1n b\u1ea5t \u0111\u1ed9ng s\u1ea3n t\u1ea1i \u0110\u00e0 N\u1eb5ng v\u00e0 Qu\u1ea3ng Nam.<\/p>\n \u00d4ng B\u00f9i \u0110\u00ecnh S\u01a1n, Ch\u1ee7 t\u1ecbch H\u0110QT Licogi 13 cho bi\u1ebft, th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n ti\u1ebfp t\u1ee5c kh\u1edfi s\u1eafc ch\u00ednh l\u00e0 y\u1ebfu t\u1ed1 quan tr\u1ecdng \u0111\u1ec3 C\u00f4ng ty ti\u1ebfn h\u00e0nh tri\u1ec3n khai v\u00e0 th\u00fac \u0111\u1ea9y c\u00e1c ho\u1ea1t \u0111\u1ed9ng M&A, t\u00ecm ki\u1ebfm c\u00e1c qu\u1ef9 \u0111\u1ea5t c\u00f3 ti\u1ec1m n\u0103ng khai th\u00e1c \u0111\u1ec3 m\u1edf r\u1ed9ng l\u0129nh v\u1ef1c b\u1ea5t \u0111\u1ed9ng s\u1ea3n theo \u0111\u1ecbnh h\u01b0\u1edbng t\u00e1i c\u1ea5u tr\u00fac C\u00f4ng ty t\u1eeb n\u0103m 2013.<\/p>\n Ngo\u00e0i c\u00e1c doanh nghi\u1ec7p trong n\u01b0\u1edbc, trong 6 th\u00e1ng \u0111\u1ea7u n\u0103m 2016, th\u1ecb tr\u01b0\u1eddng c\u0169ng ch\u1ee9ng ki\u1ebfn nhi\u1ec1u th\u01b0\u01a1ng v\u1ee5 M&A kh\u00e1c. C\u1ee5 th\u1ec3, T\u1eadp \u0111o\u00e0n BRG mua l\u1ea1i 70% c\u1ed5 ph\u1ea7n t\u1ea1i D\u1ef1 \u00e1n Sedona Suites Hanoi (H\u1ed3 T\u00e2y) t\u1eeb Keppel Land Vi\u1ec7t Nam v\u1edbi gi\u00e1 31,5 tri\u1ec7u USD, ThaiGroup th\u00f4ng qua \u0111\u1ea5u gi\u00e1 \u0111\u00e3 mua l\u1ea1i c\u1ed5 ph\u1ea7n c\u1ee7a C\u00f4ng ty Du l\u1ecbch Kim Li\u00ean t\u1eeb T\u1ed5ng c\u00f4ng ty \u0110\u1ea7u t\u01b0 v\u00e0 Kinh doanh v\u1ed1n nh\u00e0 n\u01b0\u1edbc (SCIC) \u0111\u1ec3 n\u1eafm quy\u1ec1n khai th\u00e1c khu \u0111\u1ea5t v\u00e0ng 3,5 ha Kh\u00e1ch s\u1ea1n Kim Li\u00ean (qu\u1eadn \u0110\u1ed1ng \u0110a); T\u1eadp \u0111o\u00e0n Hoa Sen \u0111\u1ea7u t\u01b0 kho\u1ea3ng 1.000 t\u1ef7 \u0111\u1ed3ng v\u00e0o Khu du l\u1ecbch t\u00e2m linh, sinh th\u00e1i \u0111\u1ea7m V\u00e2n H\u1ed9i (Y\u00ean B\u00e1i), C\u00f4ng ty c\u1ed5 ph\u1ea7n T\u1eadp \u0111o\u00e0n T&T mua l\u1ea1i T\u1ed5ng c\u00f4ng ty Rau qu\u1ea3, n\u00f4ng s\u1ea3n (Vegetexco) v\u1edbi h\u00e0ng lo\u1ea1t khu \u0111\u1ea5t tr\u00ean \u0111\u1ecba b\u00e0n c\u1ea3 n\u01b0\u1edbc\u2026<\/p>\n \u0110\u00e1nh gi\u00e1 v\u1ec1 vi\u1ec7c nhi\u1ec1u doanh nghi\u1ec7p ng\u00e0nh ngh\u1ec1 kh\u00e1c nh\u1ea3y v\u00e0o b\u1ea5t \u0111\u1ed9ng s\u1ea3n th\u00f4ng qua M&A, c\u00e1c chuy\u00ean gia cho r\u1eb1ng, ch\u1ee7 y\u1ebfu l\u00e0 do \u0111\u00e1nh gi\u00e1 t\u00edch c\u1ef1c c\u1ee7a c\u00e1c doanh nghi\u1ec7p v\u1ec1 th\u1ecb tr\u01b0\u1eddng \u0111\u1ecba \u1ed1c, \u0111\u1eb7c bi\u1ec7t l\u00e0 s\u1ef1 thay \u0111\u1ed5i t\u00edch c\u1ef1c c\u1ee7a khu\u00f4n kh\u1ed5 ph\u00e1p l\u00fd, \u0111\u00e3 t\u1ea1o m\u00f4i tr\u01b0\u1eddng kinh doanh thu\u1eadn l\u1ee3i cho doanh nghi\u1ec7p.<\/p>\n \u00d4ng V\u0169 V\u0103n Ph\u1ea5n, V\u1ee5 tr\u01b0\u1edfng, Ph\u00f3 C\u1ee5c tr\u01b0\u1edfng C\u1ee5c Qu\u1ea3n l\u00fd nh\u00e0 v\u00e0 th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n<\/a> (B\u1ed9 X\u00e2y d\u01b0ng) cho bi\u1ebft, 2 s\u1eafc lu\u1eadt m\u1edbi m\u1edf r\u1ed9ng ph\u1ea1m vi kinh doanh b\u1ea5t \u0111\u1ed9ng s\u1ea3n cho c\u00e1c doanh nghi\u1ec7p c\u00f3 v\u1ed1n \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i v\u00e0 m\u1edf r\u1ed9ng \u0111\u1ed1i t\u01b0\u1ee3ng, n\u1edbi l\u1ecfng \u0111i\u1ec1u ki\u1ec7n cho t\u1ed5 ch\u1ee9c, c\u00e1 nh\u00e2n n\u01b0\u1edbc ngo\u00e0i khi mua v\u00e0 s\u1edf h\u1eefu nh\u00e0 \u1edf t\u1ea1i Vi\u1ec7t Nam. \u0110\u00e2y ch\u00ednh l\u00e0 n\u1ec1n t\u1ea3ng \u0111\u1ec3 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1ea1nh d\u1ea1n h\u01a1n trong vi\u1ec7c ti\u1ebfn h\u00e0nh t\u0103ng c\u01b0\u1eddng s\u1ef1 hi\u1ec7n di\u1ec7n c\u1ee7a m\u00ecnh tr\u00ean th\u1ecb tr\u01b0\u1eddng th\u00f4ng qua c\u00e1c ho\u1ea1t \u0111\u1ed9ng M&A.<\/p>\n Tuy nhi\u00ean, v\u1edbi c\u00e1ch nh\u00ecn th\u1eadn tr\u1ecdng h\u01a1n, lu\u1eadt s\u01b0 H\u00e0 cho r\u1eb1ng, giai \u0111o\u1ea1n t\u1edbi, d\u00f9 th\u1ecb tr\u01b0\u1eddng ti\u1ebfp t\u1ee5c \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 s\u1ebd ph\u00e1t tri\u1ec3n, nh\u01b0ng c\u0169ng s\u1ebd c\u00f3 nh\u1eefng kh\u00f3 kh\u0103n nh\u1ea5t \u0111\u1ecbnh. Do \u0111\u00f3, c\u00e1c b\u00ean tham gia th\u1ecb tr\u01b0\u1eddng t\u1eeb nh\u00e0 ph\u00e1t tri\u1ec3n d\u1ef1 \u00e1n, nh\u00e0 \u0111\u1ea7u t\u01b0, ng\u00e2n h\u00e0ng v\u00e0 c\u00e1c c\u01a1 quan qu\u1ea3n l\u00fd c\u1ee7a nh\u00e0 n\u01b0\u1edbc c\u1ea7n t\u1ec9nh t\u00e1o v\u00e0 th\u1eadn tr\u1ecdng h\u01a1n trong m\u1ed7i h\u00e0nh \u0111\u1ed9ng v\u00e0 vai tr\u00f2 c\u1ee7a m\u00ecnh.<\/p>\n\n Di\u1ec5n \u0111\u00e0n M&A Vi\u1ec7t Nam \u2013 s\u1ef1 ki\u1ec7n th\u01b0\u1eddng ni\u00ean l\u1edbn nh\u1ea5t Vi\u1ec7t Nam v\u1ec1 mua b\u00e1n, s\u00e1p nh\u1eadp v\u00e0 \u0111\u1ea7u t\u01b0 chi\u1ebfn l\u01b0\u1ee3c do B\u1ed9 K\u1ebf ho\u1ea1ch v\u00e0 \u0110\u1ea7u t\u01b0, B\u00e1o \u0110\u1ea7u t\u01b0 v\u00e0 AVM Vietnam ph\u1ed1i h\u1ee3p t\u1ed5 ch\u1ee9c t\u1eeb n\u0103m 2009 \u0111\u1ebfn nay.<\/p>\n V\u1edbi ch\u1ee7 \u0111\u1ec1 \u201cC\u01a1 h\u1ed9i trong kh\u00f4ng gian kinh t\u1ebf m\u1edf\u201d, Di\u1ec5n \u0111\u00e0n M&A Vi\u1ec7t Nam 2016 s\u1ebd \u0111\u01b0\u1ee3c t\u1ed5 ch\u1ee9c v\u00e0o ng\u00e0y 18\/8\/2016 t\u1ea1i TP. HCM, bao g\u1ed3m c\u00e1c ho\u1ea1t \u0111\u1ed9ng h\u1ed9i th\u1ea3o, ph\u1ed5 bi\u1ebfn ki\u1ebfn th\u1ee9c v\u00e0 k\u1ebft n\u1ed1i \u0111\u1ea7u t\u01b0. D\u1ef1 ki\u1ebfn s\u1ebd c\u00f3 kho\u1ea3ng 500 l\u00e3nh \u0111\u1ea1o doanh nghi\u1ec7p, nh\u00e0 qu\u1ea3n l\u00fd, chuy\u00ean gia, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 trong v\u00e0 ngo\u00e0i n\u01b0\u1edbc tham d\u1ef1 s\u1ef1 ki\u1ec7n.<\/p>\n <\/p><\/a>\n
\nTheo Lu\u1eadt s\u01b0 Nguy\u1ec5n Thanh H\u00e0, Ch\u1ee7 t\u1ecbch C\u00f4ng ty Lu\u1eadt S&B Law<\/a>, trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111ang ph\u00e1t tri\u1ec3n \u1ed5n \u0111\u1ecbnh, d\u01b0 \u0111\u1ecba c\u00f2n nhi\u1ec1u, trong khi qu\u1ef9 \u0111\u1ea5t ng\u00e0y c\u00e0ng eo h\u1eb9p, th\u00ec v\u1edbi c\u00e1c doanh nghi\u1ec7p b\u1ea5t \u0111\u1ed9ng s\u1ea3n chuy\u00ean nghi\u1ec7p, c\u00f3 ti\u1ec1m l\u1ef1c t\u00e0i ch\u00ednh, vi\u1ec7c chu\u1ea9n b\u1ecb qu\u1ef9 \u0111\u1ea5t ph\u1ee5c v\u1ee5 cho chi\u1ebfn l\u01b0\u1ee3c ph\u00e1t tri\u1ec3n d\u00e0i h\u01a1i lu\u00f4n l\u00e0 b\u00e0i to\u00e1n \u0111\u01b0\u1ee3c t\u00ednh t\u1edbi.<\/p>\n