Structural equation modeling (SEM), the second generation of statistical method is being used commonly in scientific research all around the world and is gradually getting attention from Vietnamese educational scientists over a few years back. This study aims to compare the result in using CB-SEM with PLS-SEM based on the data surveying effectiveness evaluation model for teachers’ online continuing professional development (CPD). Research findings imply that the resources of online CPD for teachers directly affect their satisfaction, subsequently have an indirect effect on applying skills into practice. Most of the testing results in the measurement model and structural model did not demonstrate the significant difference between the two approaches: CB-SEM and PLS-SEM. All measurements met the criteria for reliability, convergence, and divergence. However, in few criteria for assessing the theory value, the suitability of the measurement model, and the convenience for performing, the advantages of PLS-SEM are the disadvantages of CB-SEM, and, vice versa, the disadvantages of PLS-SEM are the advantages of CB-SEM.