{"id":3292,"date":"2020-01-17T11:03:27","date_gmt":"2020-01-17T11:03:27","guid":{"rendered":"https:\/\/kpmadvisory.com.vn\/?p=3292"},"modified":"2023-08-04T14:38:03","modified_gmt":"2023-08-04T14:38:03","slug":"financial-statement-2018-of-ftm-problems-and-sign-of-loss-in-2019","status":"publish","type":"post","link":"https:\/\/kpm-as.com\/vi\/financial-statement-2018-of-ftm-problems-and-sign-of-loss-in-2019\/","title":{"rendered":"Financial Statement 2018 of FTM: problems and sign of loss in 2019"},"content":{"rendered":"

H\u01a1n m\u1ed9t tu\u1ea7n nay, v\u1ee5 vi\u1ec7c li\u00ean quan \u0111\u1ebfn c\u1ed5 phi\u1ebfu FTM c\u1ee7a C\u00f4ng ty C\u1ed5 ph\u1ea7n \u0110\u1ea7u t\u01b0 v\u00e0 ph\u00e1t tri\u1ec3n \u0110\u1ee9c Qu\u00e2n \u2013 Fortex (m\u00e3 FTM \u2013 HOSE) \u0111\u00e3 g\u00e2y s\u1ef1 ch\u00fa \u00fd \u0111\u1eb7c bi\u1ec7t c\u1ee7a th\u1ecb tr\u01b0\u1eddng khi 11 c\u00f4ng ty ch\u1ee9ng kho\u00e1n \u0111\u01b0\u1ee3c cho l\u00e0 \u201cb\u1ecb h\u1ea1i\u201d \u0111\u00e3 nh\u00f3m h\u1ecdp \u0111\u1ec3 b\u00e0n c\u00e1ch gi\u1ea3i quy\u1ebft. Theo \u0111\u00f3, m\u1edbi \u0111\u00e2y Mr. Phan L\u00ea Th\u00e0nh Long \u2013 Gi\u00e1m \u0111\u1ed1c Vi\u1ec7n K\u1ebf to\u00e1n Qu\u1ea3n tr\u1ecb c\u00f4ng ch\u1ee9ng \u00dac (CMA Australia) t\u1ea1i Vi\u1ec7t Nam c\u0169ng \u0111\u00e3 \u0111\u01b0a l\u00ean facebook c\u00e1 nh\u00e2n d\u00f2ng tr\u1ea1ng th\u00e1i v\u1ec1 ch\u1ee7 \u0111\u1ec1 n\u00e0y v\u00e0 nh\u1eadn \u0111\u01b0\u1ee3c r\u1ea5t nhi\u1ec1u b\u00ecnh lu\u1eadn, chia s\u1ebb.<\/p>\n

D\u01b0\u1edbi \u0111\u00e2y l\u00e0 to\u00e0n b\u1ed9 ph\u1ea7n chia s\u1ebb c\u1ee7a Mr. Phan L\u00ea Th\u00e0nh Long, h\u00e3y c\u00f9ng AFA t\u00ecm hi\u1ec3u v\u00e0 \u0111\u01b0a ra quan \u0111i\u1ec3m ri\u00eang c\u1ee7a b\u1ea3n th\u00e2n v\u1ec1 v\u1ea5n \u0111\u1ec1 n\u00e0y nh\u00e9!<\/p>\n

FTM th\u00ec \u0111ang hot, anh Th\u01b0\u1eddng c\u00f2n hot h\u01a1n c\u1ea3 showbiz. C\u00f3 l\u1ebd v\u00ec th\u1ebf anh Huy Mac b\u1ea3o l\u00e0 xem th\u1eed BCTC xem c\u00f3 c\u00e1i g\u00ec hay kh\u00f4ng, ch\u1ee9 b\u00ecnh th\u01b0\u1eddng ch\u1ea3 ai th\u00e8m ng\u00f3 \u0111\u1ebfn BCTC c\u1ee7a c\u00e1i c\u00f4ng ty n\u00e0y l\u00e0m g\u00ec \ud83d\ude00 Th\u1ef1c t\u1ebf l\u00e0 v\u00ec n\u00f3 hot l\u00ean xem, v\u00e0 c\u0169ng c\u00f3 th\u1ec3 l\u1ea5y \u0111\u00f3 l\u00e0m b\u00e0i h\u1ecdc kinh nghi\u1ec7m cho m\u1ea3ng qu\u1ea3n tr\u1ecb r\u1ee7i ro v\u00e0 financing risk cho c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n c\u0169ng t\u1ed1t.<\/p>\n

M\u00ecnh xem l\u1ea1i BCTC n\u0103m 2018 c\u1ee7a FTM \u0111\u1ec3 xem nh\u1eefng v\u1ea5n \u0111\u1ec1 v\u00e0 d\u1ea5u hi\u1ec7u l\u1ed7 cho 2019 nh\u01b0 th\u1ebf n\u00e0o, sau \u0111\u00f3 m\u1edbi xem \u0111\u1ebfn BCTC 6 th\u00e1ng 2019.<\/p>\n

1. Earnings persistent<\/strong><\/p>\n

N\u0103m 2018, L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf l\u00e0 31,7 t\u1ef7, LN sau thu\u1ebf l\u00e0 28,3 t\u1ef7. Ch\u1ec9 c\u1ea7n l\u00e0m m\u1ed9t \u0111\u00e1nh gi\u00e1 \u0111\u01a1n gi\u1ea3n ta c\u00f3 th\u1ec3 th\u1ea5y:<\/p>\n

(1) L\u00e3i cho vay ng\u1eafn h\u1ea1n 8,8 t\u1ef7: kho\u1ea3n doanh thu t\u00e0i ch\u00ednh t\u00ednh tr\u00ean c\u00e1c kho\u1ea3n cho vay c\u00e1c b\u00ean li\u00ean quan kh\u00f4ng c\u00f3 t\u00e0i s\u1ea3n \u0111\u1ea3m b\u1ea3o. C\u00e1c kho\u1ea3n l\u00e3i n\u00e0y l\u00e0 d\u1ef1 thu, t\u1ee9c l\u00e0 ch\u01b0a thu \u0111\u01b0\u1ee3c ti\u1ec1n. S\u1ed1 d\u01b0 ph\u1ea3i thu l\u00e3i cho vay t\u1ea1i 31\/12\/2018 l\u00ean \u0111\u1ebfn 30,4 t\u1ef7. Kho\u1ea3n n\u00e0y gi\u1ed1ng nh\u01b0 ki\u1ec3u ng\u00e2n h\u00e0ng t\u00ednh l\u00e3i d\u1ef1 thu tr\u00ean n\u1ee3 x\u1ea5u, t\u1ea5t nhi\u00ean c\u00f3 th\u1ec3 coi l\u00e0 t\u00ednh l\u00e3i \u1ea3o.<\/p>\n

(2) L\u00e3i ph\u1ea3i thu Cty CP B\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0110\u1ea1i C\u01b0\u1eddng 25,875 t\u1ef7, c\u0169ng nh\u01b0 tr\u00ean t\u1eeb kho\u1ea3n cho vay h\u1ee3p t\u00e1c \u0111\u1ea7u t\u01b0, t\u00ednh l\u00e3i m\u00e0 ch\u01b0a thu ti\u1ec1n c\u1ee7a b\u00ean li\u00ean quan \u0111\u1ebfn ch\u1ee7 t\u1ecbch Th\u01b0\u1eddng.<\/p>\n

Ch\u1ec9 c\u1ea7n t\u1ed5ng 2 kho\u1ea3n l\u00e3i \u1ea3o (1) v\u00e0 (2) tr\u00ean \u0111\u00e3 cho k\u1ebft qu\u1ea3 kinh doanh 2018 l\u00e0 l\u1ed7 r\u1ed3i, v\u1eady 2019 trade war \u1ea3nh h\u01b0\u1edfng n\u1eb7ng h\u01a1n th\u00ec c\u00f2n c\u1eeda g\u00ec?<\/p>\n

2. Earnings quality
\n<\/strong><\/p>\n

\u0110\u1ec3 \u0111\u00e1nh gi\u00e1 earnings quality th\u00ec c\u1ea7n k\u1ef9 thu\u1eadt cao h\u01a1n m\u1ed9t ch\u00fat. Ngo\u00e0i 2 kho\u1ea3n tr\u00ean coi nh\u01b0 l\u00e3i \u1ea3o, ch\u00fang ta s\u1ebd th\u1ea5y doanh thu 2018 t\u0103ng m\u1ea1nh trong b\u1ed1i c\u1ea3nh ng\u00e0nh s\u1ee3i l\u00e0 ng\u00e0nh ch\u1ecbu \u1ea3nh h\u01b0\u1edfng ti\u00eau c\u1ef1c l\u1edbn nh\u1ea5t t\u1eeb Trade War do t\u1ef7 gi\u00e1 v\u00e0 gi\u1ea3m nhu c\u1ea7u t\u1eeb th\u1ecb tr\u01b0\u1eddng Trung Qu\u1ed1c. V\u1ea5n \u0111\u1ec1 l\u00e0 ch\u1ea5t l\u01b0\u1ee3ng doanh thu nh\u01b0 th\u1ebf n\u00e0o?<\/p>\n

Kho\u1ea3n ph\u1ea3i thu kh\u00e1ch h\u00e0ng t\u1eeb c\u00e1c b\u00ean li\u00ean quan Cty CP T\u00e2n An (32 t\u1ef7), Cty Ph\u00fa Vi\u1ec7t (38,8 t\u1ef7), Cty CP \u0110\u1ea7u t\u01b0 3GR (24 t\u1ef7) cho d\u1ea5u h\u1ecfi to \u0111\u00f9ng v\u1ec1 doanh thu c\u00f3 th\u1eadt kh\u00f4ng?. L\u01b0u \u00fd r\u1eb1ng FTM c\u00f2n c\u00f3 s\u1ed1 d\u01b0 Tr\u1ea3 tr\u01b0\u1edbc ng\u01b0\u1eddi b\u00e1n r\u1ea5t l\u1edbn v\u1edbi c\u00e1c c\u00f4ng ty n\u00e0y, tr\u1ea3 tr\u01b0\u1edbc 3GR l\u00ean \u0111\u1ebfn 147,8 t\u1ef7, Ph\u00fa Vi\u1ec7t l\u00ean \u0111\u1ebfn 72,7 t\u1ef7.<\/p>\n

N\u1ebfu ai hi\u1ec3u \u0111\u01b0\u1ee3c th\u1ebf n\u00e0o l\u00e0 Accrual Shift th\u00ec c\u00f3 th\u1ec3 hi\u1ec3u \u0111\u01b0\u1ee3c nh\u1eefng kho\u1ea3n mua b\u00e1n, chuy\u1ec3n th\u1ec3 d\u1ea1ng n\u00e0y th\u00ec kh\u1ea3 n\u0103ng t\u1ea1o ra c\u00e1c giao d\u1ecbch doanh thu \u1ea3o l\u00e0 r\u1ea5t l\u1edbn.<\/p>\n

Con s\u1ed1 l\u1ed7 2018 c\u00f3 th\u1ec3 \u0111\u00e3 r\u1ea5t l\u1edbn r\u1ed3i.<\/p>\n

3. Asset quality<\/strong><\/p>\n

Tr\u01b0\u1edbc \u0111\u00f3, c\u00f4ng ty c\u00f3 c\u00f9ng s\u1ebfp Th\u01b0\u1eddng l\u00e0 ch\u1ee7 t\u1ecbch, T\u1eadp \u0111o\u00e0n \u0110\u1ea1i C\u01b0\u1eddng, \u0111\u00e3 g\u00f3p v\u1ed1n b\u1eb1ng t\u00e0i s\u1ea3n (B\u0110S) \u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 350 t\u1ef7 trong t\u1ed5ng 500 t\u1ef7 v\u1ed1n \u0111i\u1ec1u l\u1ec7. Vi\u1ec7c \u0111\u1ecbnh gi\u00e1 B\u0110S c\u00f3 th\u1ec3 khi\u1ebfn nhi\u1ec1u ng\u01b0\u1eddi nghi ng\u1edd v\u1ec1 vi\u1ec7c c\u00f3 hay kh\u00f4ng n\u00e2ng gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n g\u00f3p v\u1ed1n. Nh\u01b0ng b\u00ean c\u1ea1nh kho\u1ea3n g\u00f3p v\u1ed1n b\u1eb1ng t\u00e0i s\u1ea3n tr\u00ean, Ch\u1ea5t l\u01b0\u1ee3ng t\u00e0i s\u1ea3n y\u1ebfu nh\u1ea5t n\u1eb1m \u1edf Kho\u1ea3n ph\u1ea3i thu v\u1ec1 cho vay c\u00e1c b\u00ean li\u00ean quan \u0111\u1ebfn nguy\u00ean ch\u1ee7 t\u1ecbch Th\u01b0\u1eddng.<\/p>\n

T\u1ed5ng ph\u1ea3i thu v\u1ec1 cho vay c\u00e1c b\u00ean li\u00ean quan g\u1ed3m T\u1eadp \u0111o\u00e0n \u0110\u1ea1i C\u01b0\u1eddng, B\u0110S New City, m\u1ed9t s\u1ed1 c\u00e1 nh\u00e2n t\u1ea1i 31\/1\/2018 l\u00e0 111,5 t\u1ef7 v\u00e0 t\u1ea1i 30\/6\/2019 l\u00e0 104,4 t\u1ef7.<\/p>\n

V\u00e0 v\u00ec v\u1ed1n c\u00f3 500 t\u1ef7, trong \u0111\u00f3 350 t\u1ef7 g\u00f3p b\u1eb1ng t\u00e0i s\u1ea3n r\u1ed3i, n\u00ean t\u00e0i tr\u1ee3 cho Ph\u1ea3i thu kh\u00e1ch h\u00e0ng l\u1edbn, Ph\u1ea3i thu v\u1ec1 cho vay l\u1edbn, HTK t\u1ed3n \u0111\u1ecdng do kinh doanh y\u1ebfu, n\u00ean C\u00f4ng ty ph\u1ea3i \u0111i vay n\u1ee3 ng\u1eafn v\u00e0 d\u00e0i h\u1ea1n l\u1edbn, k\u00e9o theo chi ph\u00ed l\u00e3i vay l\u1edbn.<\/p>\n

C\u00e1c b\u00ean li\u00ean quan n\u00eau tr\u00ean ch\u1ec9 \u0111\u01b0\u1ee3c tr\u00ecnh b\u00e0y trong BCTC 2018, c\u00f2n BCTC 6 th\u00e1ng 2019 th\u00ec kh\u00f4ng tr\u00ecnh b\u00e0y l\u00e0 b\u00ean li\u00ean quan n\u1eefa, c\u00f3 l\u1ebd nguy\u00ean nh\u00e2n l\u00e0 do Mr. Th\u01b0\u1eddng kh\u00f4ng c\u00f2n \u0111\u1ee9ng ch\u1ee9c danh ch\u1ee7 t\u1ecbch, nh\u01b0ng vi\u1ec7c \u1ea3nh v\u00e0 ng\u01b0\u1eddi li\u00ean quan c\u00f2n n\u1eafm \u0111\u1ebfn h\u01a1n 40% c\u1ed5 ph\u1ea7n th\u00ec c\u00f3 l\u1ebd v\u1eabn c\u00f3 \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 c\u1ee7a m\u1ed9t b\u00ean li\u00ean quan.<\/p>\n

Ch\u1ec9 c\u1ea7n l\u00e0m b\u00e0i t\u1eadp Financial Due Diligence \u0111\u01a1n gi\u1ea3n th\u00ec c\u00f3 th\u1ec3 hi\u1ec3u \u0111\u01b0\u1ee3c FTM l\u1ed7 l\u1edbn t\u1eeb n\u0103m tr\u01b0\u1edbc r\u1ed3i, \u0111\u1ebfn \u0111\u1ea7u 2019 b\u00e1o l\u1ed7 l\u00e0 d\u1ef1 b\u00e1o \u0111\u01b0\u1ee3c r\u00f5 r\u00e0ng, n\u1ebfu th\u1ef1c s\u1ef1 quan t\u00e2m, b\u1ecf ti\u1ec1n cho vay margin.<\/p>\n

C\u00e2u chuy\u1ec7n \u0111\u1eb7t ra l\u00e0 \u0111\u1ed9ng l\u1ef1c l\u1ee3i nhu\u1eadn t\u1eeb spread thu \u0111\u01b0\u1ee3c cu\u1ea3 c\u00f4ng ty ch\u1ee9ng kho\u00e1n c\u00f3 \u0111\u1ee7 l\u1edbn \u0111\u1ec3 cover r\u1ee7i ro cho vay margin m\u00e3 FTM? hay h\u1ec7 th\u1ed1ng financing risk management thi\u1ebfu ho\u1eb7c y\u1ebfu? CTCK bi\u1ebft r\u00f5 n\u1ebfu c\u00f4ng ty nh\u01b0 FTM b\u00e1o l\u1ed7 th\u00ec s\u1ebd \u201cb\u1ecb c\u1eaft\u201d margin.<\/p>\n

Gi\u1edd c\u1ed9ng v\u1edbi kh\u00f3 kh\u0103n t\u1eeb Trade war v\u00e0 t\u1ef7 gi\u00e1, v\u00e0 c\u00f3 khi quan tr\u1ecdng h\u01a1n l\u00e0 c\u00e1 nh\u00e2n \u0111\u00e3 \u201cki\u1ebfm\u201d \u0111\u1ee7, c\u00f4ng ty kh\u00f4ng c\u00f2n \u0111\u1ed9ng l\u1ef1c b\u00e1o l\u00e3i n\u1eefa, th\u00ec l\u1ed7 th\u1eadt n\u00f3 \u201cl\u00f2i\u201d ra th\u00f4i. \ud83d\ude42 M\u1ed9t s\u1ed1 CTCK nh\u1ecf c\u00f3 th\u1ec3 h\u1ec7 th\u1ed1ng Scoring kh\u00f4ng t\u1ed1t, nh\u01b0ng m\u1ed9t s\u1ed1 CTCK l\u1edbn c\u0169ng \u201cd\u00ednh\u201d v\u1ee5 n\u00e0y th\u00ec c\u0169ng h\u01a1i l\u1ea1 m\u1ed9t ch\u00fat.<\/p>\n

4. Behind the Numbers \u2013 Ph\u01b0\u01a1ng ph\u00e1p ph\u00e1t hi\u1ec7n gian l\u1eadn BCTC<\/strong><\/p>\n

Nh\u01b0 v\u1eady qua b\u00e0i ph\u00e2n t\u00edch tr\u00ean c\u1ee7a Mr. Phan L\u00ea Th\u00e0nh Long ta c\u00f3 th\u1ec3 th\u1ea5y \u0111\u01b0\u1ee3c t\u1ea7m quan tr\u1ecdng c\u1ee7a BCTC, nh\u1eefng v\u1ea5n \u0111\u1ec1 v\u00e0 d\u1ea5u hi\u1ec7u l\u00e3i \u2013 l\u1ed7 cho n\u0103m ti\u1ebfp theo c\u1ee7a m\u1ed9t c\u00f4ng ty ho\u00e0n to\u00e0n c\u00f3 th\u1ec3 d\u1ef1 \u0111o\u00e1n \u0111\u01b0\u1ee3c th\u00f4ng qua BCTC. Tuy nhi\u00ean, k\u1ebft qu\u1ea3 nghi\u00ean c\u1ee9u cho th\u1ea5y, trong m\u1ed9t th\u1ecb tr\u01b0\u1eddng \u201cm\u1edbi n\u1ed5i\u201d, gian l\u1eadn trong b\u00e1o c\u00e1o t\u00e0i ch\u00ednh c\u1ee7a c\u00e1c doanh nghi\u1ec7p ni\u00eam y\u1ebft, c\u00e1c c\u00f4ng ty \u0111\u1ea1i ch\u00fang l\u00e0 r\u1ea5t ph\u1ed5 bi\u1ebfn, t\u1ef7 l\u1ec7 c\u00f3 th\u1ec3 l\u00ean \u0111\u1ebfn g\u1ea7n 90% \u0111\u1ed1i v\u1edbi c\u00e1c c\u00f4ng ty quy m\u00f4 v\u1eeba (Mid-cap) v\u00e0 quy m\u00f4 nh\u1ecf (Penny). V\u00e0 \u0111\u1ed3ng th\u1eddi, nh\u1eefng k\u1ef9 thu\u1eadt gian l\u1eadn v\u00e0 qu\u1ea3n tr\u1ecb l\u1ee3i nhu\u1eadn tinh vi \u0111\u01b0\u1ee3c c\u00e1c c\u00f4ng ty l\u1edbn s\u1eed d\u1ee5ng nh\u01b0 l\u00e0 c\u00e1c c\u00f4ng c\u1ee5 \u0111\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn nh\u1eadn th\u1ee9c v\u00e0 h\u00e0nh vi c\u1ee7a ng\u01b0\u1eddi s\u1eed d\u1ee5ng B\u00e1o c\u00e1o t\u00e0i ch\u00ednh (BCTC). V\u1edbi ch\u01b0\u01a1ng tr\u00ecnh \u0111\u00e0o t\u1ea1o Behind the Numbers \u2013 Ph\u01b0\u01a1ng ph\u00e1p ph\u00e1t hi\u1ec7n gian l\u1eadn BCTC, h\u1ecdc vi\u00ean s\u1ebd \u0111\u01b0\u1ee3c t\u00ecm hi\u1ec3u nhi\u1ec1u ph\u01b0\u01a1ng ph\u00e1p ph\u00e1t hi\u1ec7n gian l\u1eadn b\u00e1o c\u00e1o t\u00e0i ch\u00ednh v\u1edbi c\u00e1c case study th\u1ef1c t\u1ebf tr\u00ean th\u1ecb tr\u01b0\u1eddng th\u1ebf gi\u1edbi v\u00e0 Vi\u1ec7t Nam, \u0111\u1eb7c bi\u1ec7t ch\u01b0\u01a1ng tr\u00ecnh \u0111\u00e3 \u0111\u01b0\u1ee3c ki\u1ec3m ch\u1ee9ng v\u1edbi h\u01a1n 3000 h\u1ecdc vi\u00ean theo h\u1ecdc \u0111\u1ebfn t\u1eeb r\u1ea5t nhi\u1ec1u ng\u00e0nh ngh\u1ec1: ch\u1ee9ng kho\u00e1n, \u0111\u1ea7u t\u01b0, th\u1ea9m \u0111\u1ecbnh t\u00e0i ch\u00ednh..ho\u1eb7c ch\u1ec9 \u0111\u01a1n gi\u1ea3n l\u00e0 mu\u1ed1n hi\u1ec3u s\u00e2u v\u1ec1 c\u00e1c con s\u1ed1 trong BCTC!<\/p>\n

Ngu\u1ed3n:\u00a0https:\/\/www.kiemtoan.com.vn<\/em><\/p>\n

 <\/p>","protected":false},"excerpt":{"rendered":"

H\u01a1n m\u1ed9t tu\u1ea7n nay, v\u1ee5 vi\u1ec7c li\u00ean quan \u0111\u1ebfn c\u1ed5 phi\u1ebfu FTM c\u1ee7a C\u00f4ng ty C\u1ed5 ph\u1ea7n \u0110\u1ea7u t\u01b0 v\u00e0 ph\u00e1t tri\u1ec3n \u0110\u1ee9c Qu\u00e2n \u2013 Fortex (m\u00e3 FTM \u2013 HOSE) \u0111\u00e3 g\u00e2y s\u1ef1 ch\u00fa \u00fd \u0111\u1eb7c bi\u1ec7t c\u1ee7a th\u1ecb tr\u01b0\u1eddng khi 11 c\u00f4ng ty ch\u1ee9ng kho\u00e1n \u0111\u01b0\u1ee3c cho l\u00e0 \u201cb\u1ecb h\u1ea1i\u201d \u0111\u00e3 nh\u00f3m h\u1ecdp \u0111\u1ec3<\/p>","protected":false},"author":1,"featured_media":2281,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[85],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/kpm-as.com\/vi\/wp-json\/wp\/v2\/posts\/3292"}],"collection":[{"href":"https:\/\/kpm-as.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kpm-as.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kpm-as.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kpm-as.com\/vi\/wp-json\/wp\/v2\/comments?post=3292"}],"version-history":[{"count":1,"href":"https:\/\/kpm-as.com\/vi\/wp-json\/wp\/v2\/posts\/3292\/revisions"}],"predecessor-version":[{"id":3293,"href":"https:\/\/kpm-as.com\/vi\/wp-json\/wp\/v2\/posts\/3292\/revisions\/3293"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kpm-as.com\/vi\/wp-json\/wp\/v2\/media\/2281"}],"wp:attachment":[{"href":"https:\/\/kpm-as.com\/vi\/wp-json\/wp\/v2\/media?parent=3292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kpm-as.com\/vi\/wp-json\/wp\/v2\/categories?post=3292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kpm-as.com\/vi\/wp-json\/wp\/v2\/tags?post=3292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}