{"id":597979,"date":"2022-03-24T14:22:03","date_gmt":"2022-03-24T07:22:03","guid":{"rendered":"https:\/\/canhco.net\/?p=597979"},"modified":"2022-03-26T08:31:47","modified_gmt":"2022-03-26T01:31:47","slug":"cuc-du-tru-lien-bang-my-tang-lai-suat-tac-dong-ra-sao-den-viet-nam","status":"publish","type":"post","link":"https:\/\/m.canhco.net\/cuc-du-tru-lien-bang-my-tang-lai-suat-tac-dong-ra-sao-den-viet-nam-p597979.html","title":{"rendered":"C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 t\u0103ng l\u00e3i su\u1ea5t t\u00e1c \u0111\u1ed9ng ra sao \u0111\u1ebfn Vi\u1ec7t Nam?"},"content":{"rendered":"

Ph\u00e1t bi\u1ec3u sau 2 ng\u00e0y h\u1ecdp b\u00e0n ch\u00ednh s\u00e1ch, \u00f4ng Jerome Powell, Ch\u1ee7 t\u1ecbch C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (FED) h\u00f4m 24\/3 cho bi\u1ebft: \u201cNh\u1eefng y\u1ebfu t\u1ed1 gi\u00fap ki\u1ec1m h\u00e3m l\u1ea1m ph\u00e1t nh\u01b0 chu\u1ed7i cung \u1ee9ng b\u1edbt t\u1eafc ngh\u1ebdn v\u00e0 t\u1ef7 l\u1ec7 tham gia l\u1ef1c l\u01b0\u1ee3ng lao \u0111\u1ed9ng t\u0103ng l\u00ean \u0111\u00e3 kh\u00f4ng di\u1ec5n ra. V\u00ec th\u1ebf FED bu\u1ed9c ph\u1ea3i h\u00e0nh \u0111\u1ed9ng\u201d.\u00a0T\u00ecnh tr\u1ea1ng l\u1ea1m ph\u00e1t \u1edf M\u1ef9 \u0111ang \u1edf m\u1ee9c cao nh\u1ea5t trong b\u1ed1n th\u1eadp k\u1ef7.\u00a0<\/strong><\/p>\n

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\u00d4ng Jerome Powell, Ch\u1ee7 t\u1ecbch C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (FED).<\/figcaption><\/figure>\n

V\u00ec sao FED t\u0103ng l\u00e3i su\u1ea5t?<\/strong><\/p>\n

Nguy\u00ean nh\u00e2n \u0111\u1ebfn t\u1eeb vi\u1ec7c chu\u1ed7i cung \u1ee9ng b\u1ecb t\u00e0n ph\u00e1 do d\u1ecbch \u0111\u1ea1i d\u1ecbch Covid-19 v\u00e0 cu\u1ed9c xung \u0111\u1ed9t \u1edf ch\u00e2u \u00c2u. Chu\u1ed7i cung \u1ee9ng \u0111\u1ee9t g\u00e3y khi\u1ebfn h\u00e0ng h\u00f3a t\u1ea1i M\u1ef9 r\u01a1i v\u00e0o t\u00ecnh tr\u1ea1ng khan hi\u1ebfm, trong khi ti\u1ec1n th\u00ec l\u1ea1i d\u01b0 th\u1eeba do c\u00e1c ch\u00ednh s\u00e1ch b\u01a1m ti\u1ec1n \u1ed3 \u1ea1t c\u1ee7a M\u1ef9 h\u1ed3i \u0111\u1ea7u n\u0103m 2021. V\u00f2ng xoay \u201cthi\u1ebfu h\u00e0ng\u201d v\u00e0 \u201cd\u01b0 ti\u1ec1n\u201d s\u1ebd bu\u1ed9c ng\u01b0\u1eddi d\u00e2n M\u1ef9 ph\u1ea3i b\u1ecf ra nhi\u1ec1u ti\u1ec1n h\u01a1n cho vi\u1ec7c chi ti\u00eau.<\/p>\n

L\u1ea1m ph\u00e1t \u0111\u00e3 kh\u00f4ng gi\u1ea3m nh\u01b0 nhi\u1ec1u chuy\u00ean gia \u0111\u00e3 d\u1ef1 b\u00e1o, do chu\u1ed7i cung \u1ee9ng kh\u00f4ng th\u1ec3 h\u1ed3i ph\u1ee5c khi m\u00e0 l\u00e0n s\u00f3ng b\u1ea5t \u1ed5n c\u1ee9 n\u1ed1i \u0111u\u00f4i nhau di\u1ec5n ra. Nh\u01b0ng \u0111i\u1ec1u \u0111\u00f3\u00a0g\u00e2y h\u1ea1i g\u00ec cho kinh t\u1ebf M\u1ef9?<\/p>\n

L\u1ea1m ph\u00e1t cao s\u1ebd bu\u1ed9c ng\u01b0\u1eddi ti\u00eau d\u00f9ng M\u1ef9 chi nhi\u1ec1u ti\u1ec1n h\u01a1n \u0111\u1ec3 tr\u1ea3 c\u00e1c h\u00f3a \u0111\u01a1n v\u00e0 ph\u1ee5c v\u1ee5 nhu c\u1ea7u thi\u1ebft y\u1ebfu. Khi b\u1ea1n b\u1ecf qu\u00e1 nhi\u1ec1u ti\u1ec1n ra \u0111\u1ec3 chi tr\u1ea3 cho c\u00e1c nhu c\u1ea7u thi\u1ebft y\u1ebfu, th\u00ec \u0111\u1ed3ng ngh\u0129a s\u1ee9c ti\u00eau th\u1ee5 c\u00e1c m\u1eb7t h\u00e0ng kh\u00e1c s\u1ebd gi\u1ea3m. N\u1ebfu t\u00ecnh tr\u1ea1ng n\u00e0y k\u00e9o d\u00e0i, ph\u1ea7n l\u1edbn h\u00e0ng h\u00f3a \u1edf n\u01b0\u1edbc M\u1ef9 s\u1ebd kh\u00f4ng \u0111\u01b0\u1ee3c l\u01b0u th\u00f4ng, do ng\u01b0\u1eddi d\u00e2n ph\u1ea3i th\u1eaft ch\u1eb7t chi ti\u00eau, ch\u1ec9 \u01b0u ti\u00ean cho c\u00e1c nhu c\u1ea7u thi\u1ebft y\u1ebfu.<\/p>\n

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L\u1ea1m ph\u00e1t k\u00e9o d\u00e0i s\u1ebd ph\u1ea7n l\u1edbn h\u00e0ng h\u00f3a \u1edf n\u01b0\u1edbc M\u1ef9 kh\u00f4ng \u0111\u01b0\u1ee3c l\u01b0u th\u00f4ng, do ng\u01b0\u1eddi d\u00e2n ph\u1ea3i th\u1eaft ch\u1eb7t chi ti\u00eau, ch\u1ec9 \u01b0u ti\u00ean cho c\u00e1c nhu c\u1ea7u thi\u1ebft y\u1ebfu.<\/figcaption><\/figure>\n

S\u1ee9c mua c\u1ee7a n\u1ec1n kinh t\u1ebf M\u1ef9 theo \u0111\u00f3 s\u1ebd t\u1ee5t gi\u1ea3m, c\u00e1c nh\u00e0 m\u00e1y, doanh nghi\u1ec7p nh\u1eadp kh\u1ea9u\u2026 c\u0169ng s\u1ebd ch\u1eb3ng c\u00f3 l\u00fd do \u0111\u1ec3 s\u1ea3n xu\u1ea5t hay nh\u1eadp th\u00eam h\u00e0ng v\u1ec1 \u0111\u1ec3 b\u00e1n. Kh\u00f4ng c\u00f3 h\u00e0ng th\u00ec c\u0169ng c\u00e1c nh\u00e0 m\u00e1y, x\u00ed nghi\u1ec7p c\u0169ng ch\u1eb3ng c\u1ea7n c\u00f3 th\u00eam c\u00f4ng nh\u00e2n. H\u1eadu qu\u1ea3 tr\u01b0\u1edbc m\u1eaft l\u00e0 n\u1ec1n kinh t\u1ebf M\u1ef9 s\u1ebd kh\u00f4ng \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee9c ph\u1ee5c h\u1ed3i nh\u01b0 k\u1ef3 v\u1ecdng, ho\u1eb7c th\u1eadm ch\u00ed k\u00e9o d\u00e0i cu\u1ed9c suy tho\u00e1i.<\/p>\n

V\u1eady vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t c\u1ee7a FED s\u1ebd gi\u00fap ki\u1ec1m ch\u1ebf l\u1ea1m ph\u00e1t nh\u01b0 th\u1ebf n\u00e0o?<\/p>\n

Vi\u1ec7c FED t\u0103ng l\u00e3i su\u1ea5t s\u1ebd l\u00e0m chi ph\u00ed \u0111i vay t\u0103ng l\u00ean. C\u00e1c kho\u1ea3n vay th\u1ebf ch\u1ea5p hay vay ti\u00eau d\u00f9ng, mua \u00f4 t\u00f4\u2026 s\u1ebd kh\u00f4ng c\u00f2n c\u00f3 l\u00e3i su\u1ea5t th\u1ea5p. L\u00e3i su\u1ea5t cho vay t\u0103ng \u0111\u1ed3ng ngh\u0129a l\u00e3i su\u1ea5t g\u1eedi ti\u1ebft ki\u1ec7m c\u0169ng t\u0103ng. L\u00fac n\u00e0y, s\u1ed1 ti\u1ec1n ch\u1ea3y t\u1eeb ng\u00e2n h\u00e0ng ra th\u1ecb tr\u01b0\u1eddng s\u1ebd b\u1ecb th\u1eaft ch\u1eb7t, do vi\u1ec7c vay v\u1ed1n tr\u1edf n\u00ean kh\u00f3 kh\u0103n c\u00f2n ti\u1ec1n \u0111ang l\u01b0u h\u00e0nh trong th\u1ecb tr\u01b0\u1eddng th\u00ec ch\u1ea1y ng\u01b0\u1ee3c v\u00e0o ng\u00e2n h\u00e0ng do s\u1ee9c h\u1ea5p d\u1eabn c\u1ee7a c\u00e1c g\u00f3i g\u1eedi ti\u1ebft ki\u1ec7m. L\u01b0\u1ee3ng ti\u1ec1n \u1edf n\u01b0\u1edbc M\u1ef9 t\u1ea5t y\u1ebfu s\u1ebd b\u1edbt \u201cd\u01b0 th\u1eeba\u201d h\u01a1n.<\/p>\n

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L\u00e3i su\u1ea5t t\u0103ng s\u1ebd khi\u1ebfn d\u00f2ng ti\u1ec1n ch\u1ea3y v\u1ec1 c\u00e1c ng\u00e2n h\u00e0ng.<\/figcaption><\/figure>\n

Khi l\u01b0\u1ee3ng ti\u1ec1n trong th\u1ecb tr\u01b0\u1eddng v\u1ec1 tay c\u00e1c ng\u00e2n h\u00e0ng v\u00e0 C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang, ch\u00fang s\u1ebd \u0111\u01b0\u1ee3c d\u00f9ng \u0111\u1ec3 \u0111i\u1ec1u ti\u1ebft th\u1ecb tr\u01b0\u1eddng. C\u1ee5 th\u1ec3 l\u00e0 h\u1ed7 tr\u1ee3 v\u1ed1n vay cho c\u00e1c doanh nghi\u1ec7p, tr\u1ee3 gi\u00e1 x\u0103ng d\u1ea7u \u0111\u1ec3 chi ph\u00ed logistics h\u1ea1 nhi\u1ec7t, can thi\u1ec7p m\u1ea1nh \u0111\u1ec3 kh\u00f4i ph\u1ee5c l\u1ea1i chu\u1ed7i cung \u1ee9ng\u2026 Vi\u1ec7c ch\u1ee7 \u0111\u1ed9ng \u0111i\u1ec1u ti\u1ebft v\u00e0 qu\u1ea3n l\u00fd s\u1ebd \u0111i\u1ec1u ch\u00ednh cung c\u1ea7u v\u1ec1 ng\u01b0\u1ee1ng c\u00e2n b\u1eb1ng, t\u1eeb \u0111\u00f3 \u0111\u01b0a l\u1ea1m ph\u00e1t tr\u1edf v\u1ec1 m\u1ee9c an to\u00e0n v\u00e0 mau ch\u00f3ng gi\u00fap n\u1ec1n kinh t\u1ebf h\u1ed3i ph\u1ee5c.<\/p>\n

Tr\u01b0\u1edbc \u0111\u00e2y, FED th\u01b0\u1eddng kh\u00f4ng mu\u1ed1n \u0111i\u1ec1u ch\u1ec9nh l\u00e3i su\u1ea5t khi th\u1ebf gi\u1edbi \u0111ang n\u1ed5 ra c\u00e1c cu\u1ed9c xung \u0111\u1ed9t ch\u00ednh tr\u1ecb do lo ng\u1ea1i t\u00e1c \u0111\u1ed9ng kh\u00f4ng \u0111\u00e1ng c\u00f3. Tuy nhi\u00ean, \u0111\u00e2y l\u00e0 m\u1ed9t ngo\u1ea1i l\u1ec7 khi l\u1ea1m ph\u00e1t \u1edf M\u1ef9 t\u0103ng cao ch\u01b0a t\u1eebng th\u1ea5y bu\u1ed9c FED ph\u1ea3i h\u00e0nh \u0111\u1ed9ng. \u0110\u00e2y l\u00e0 l\u1ea7n t\u0103ng l\u00e3i su\u1ea5t hi\u1ebfm hoi c\u1ee7a FED, k\u1ec3 t\u1eeb th\u00e1ng 12\/2018. V\u00e0 vi\u1ec7c FED \u201cm\u1ea1nh tay\u201d can thi\u1ec7p v\u00e0o l\u00fac n\u00e0y c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c xem l\u00e0 tin t\u1ed1t v\u1edbi n\u01b0\u1edbc M\u1ef9.<\/p>\n

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D\u00f2ng ti\u1ec1n v\u1ec1 tay c\u00e1c ng\u00e2n h\u00e0ng v\u00e0 FED s\u1ebd \u0111\u01b0\u1ee3c d\u00f9ng \u0111\u1ec3 \u0111i\u1ec1u ti\u1ebft th\u1ecb tr\u01b0\u1eddng nh\u01b0 tr\u1ee3 gi\u00e1 x\u0103ng d\u1ea7u \u0111\u1ec3 chi ph\u00ed logistics h\u1ea1 nhi\u1ec7t.<\/figcaption><\/figure>\n

Th\u00f4ng th\u01b0\u1eddng, FED kh\u00f4ng mu\u1ed1n \u0111i\u1ec1u ch\u1ec9nh l\u00e3i su\u1ea5t khi th\u1ebf gi\u1edbi \u0111ang n\u1ed5 ra c\u00e1c cu\u1ed9c xung \u0111\u1ed9t ch\u00ednh tr\u1ecb, do lo ng\u1ea1i t\u00e1c \u0111\u1ed9ng kh\u00f4ng \u0111\u00e1ng c\u00f3. Tuy nhi\u00ean, l\u1ea1m ph\u00e1t \u1edf M\u1ef9 t\u0103ng cao ch\u01b0a t\u1eebng th\u1ea5y bu\u1ed9c FED ph\u1ea3i h\u00e0nh \u0111\u1ed9ng. \u0110\u00e2y l\u00e0 l\u1ea7n t\u0103ng l\u00e3i su\u1ea5t hi\u1ebfm hoi c\u1ee7a FED, k\u1ec3 t\u1eeb th\u00e1ng 12\/2018. V\u00e0 vi\u1ec7c FED \u201cm\u1ea1nh tay\u201d can thi\u1ec7p v\u00e0o l\u00fac n\u00e0y c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c xem l\u00e0 tin t\u1ed1t v\u1edbi n\u01b0\u1edbc M\u1ef9.<\/p>\n

Ch\u1ee7 t\u1ecbch Jerome Powell n\u00f3i FED c\u00f3 th\u1ec3 s\u1ebd t\u0103ng l\u00e3i su\u1ea5t th\u00eam 6 l\u1ea7n trong n\u0103m nay, d\u1eabn t\u1edbi kh\u1ea3 n\u0103ng l\u00e3i su\u1ea5t qu\u1ef9 li\u00ean bang trung b\u00ecnh c\u00f3 th\u1ec3 l\u00ean t\u1edbi m\u1ee9c 1,9% v\u00e0o cu\u1ed1i n\u0103m.<\/p>\n

Trung Qu\u1ed1c lo l\u1eafng?<\/strong><\/p>\n

Vi\u1ec7c FED t\u0103ng l\u00e3i su\u1ea5t t\u1ed1t cho n\u01b0\u1edbc M\u1ef9, nh\u01b0ng h\u1ec7 qu\u1ea3 l\u00e0 nhu c\u1ea7u ti\u00eau d\u00f9ng s\u1ebd b\u1ecb \u201ch\u00e3m phanh\u201d trong ng\u1eafn h\u1ea1n, do ng\u01b0\u1eddi M\u1ef9 s\u1ebd \u01b0u ti\u00ean d\u00f9ng ti\u1ec1n \u0111\u1ec3 g\u1eedi ng\u00e2n h\u00e0ng l\u1ea5y l\u00e3i. Trung Qu\u1ed1c v\u00ec th\u1ebf s\u1ebd m\u1ea5t \u0111i ngu\u1ed3n thu ngo\u1ea1i t\u1ec7, do h\u00e0ng h\u00f3a c\u1ee7a h\u1ecd s\u1ebd n\u1eb1m tr\u00ean k\u1ec7 l\u00e2u h\u01a1n v\u00ec nhu c\u1ea7u s\u1ee5t gi\u1ea3m.<\/p>\n

Nhu c\u1ea7u ti\u00eau th\u1ee5 \u1edf M\u1ef9 s\u1ee5t gi\u1ea3m do ch\u00ednh s\u00e1ch c\u1ee7a FED kh\u00e1c v\u1edbi nhu c\u1ea7u s\u1ee5t gi\u1ea3m do l\u1ea1m ph\u00e1t. L\u1ea1m ph\u00e1t khi\u1ebfn ti\u1ec1n b\u1ecb m\u1ea5t gi\u00e1 trong khi kh\u00f4ng c\u00f3 kho\u1ea3n thu b\u00f9 v\u00e0o. Nh\u01b0ng ch\u00ednh s\u00e1ch c\u1ee7a FED s\u1ebd mang l\u1ea1i m\u1ed9t kho\u1ea3n ti\u1ec1n l\u00e3i h\u1eb1ng n\u0103m cho s\u1ed1 ti\u1ec1n ng\u01b0\u1eddi M\u1ef9 trong ng\u00e2n h\u00e0ng. Nhu c\u1ea7u ti\u00eau d\u00f9ng gi\u1ea3m do FED ch\u1ec9 trong ng\u1eafn h\u1ea1n, m\u1ed9t b\u01b0\u1edbc \u0111\u1ec7m \u0111\u1ec3 l\u1ea5y l\u1ea1i c\u00e2n b\u1eb1ng trong c\u00e1n c\u00e2n cung c\u1ea7u. \u0110\u00f3 l\u00e0 t\u1ed1t cho n\u01b0\u1edbc M\u1ef9, nh\u01b0ng l\u1ea1i kh\u00f4ng t\u1ed1t cho kim ng\u1ea1ch xu\u1ea5t kh\u1ea9u c\u1ee7a Trung Qu\u1ed1c.<\/p>\n

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\ufffcVi\u1ec7c FED t\u0103ng l\u00e3i su\u1ea5t\u00a0t\u1ed1t cho M\u1ef9, nh\u01b0ng l\u1ea1i kh\u00f4ng t\u1ed1t cho kim ng\u1ea1ch xu\u1ea5t kh\u1ea9u c\u1ee7a Trung Qu\u1ed1c.<\/figcaption><\/figure>\n

V\u00e0 kh\u00f4ng ch\u1ec9 Trung Qu\u1ed1c, Vi\u1ec7t Nam v\u00e0 c\u00e1c qu\u1ed1c gia ph\u1ee5 thu\u1ed9c xu\u1ea5t kh\u1ea9u v\u00e0o M\u1ef9, t\u1ea5t c\u1ea3 \u0111\u1ec1u s\u1ebd b\u1ecb \u1ea3nh h\u01b0\u1edfng.<\/p>\n

T\u00e1c \u0111\u1ed9ng \u201cnghi\u00eam tr\u1ecdng\u201d \u0111\u1ebfn Vi\u1ec7t Nam?<\/strong><\/p>\n

L\u00e3i su\u1ea5t t\u0103ng s\u1ebd l\u00e0m l\u01b0\u1ee3ng ti\u1ec1n m\u1ec7nh gi\u00e1 USD tr\u00ean th\u1ebf gi\u1edbi s\u1ee5t gi\u1ea3m, h\u1ec7 qu\u1ea3 l\u00e0 khi\u1ebfn gi\u00e1 tr\u1ecb c\u1ee7a n\u00f3 theo \u0111\u00f3 m\u00e0 b\u1eadt t\u0103ng. Vi\u1ec7c th\u1eaft ch\u1eb7t ngu\u1ed3n cung ti\u1ec1n t\u1ec7 c\u1ee7a FED th\u01b0\u1eddng khi\u1ebfn \u0111\u1ed3ng USD m\u1ea1nh l\u00ean, v\u00f4 t\u00ecnh l\u00e0m cho \u0111\u1ed3ng n\u1ed9i t\u1ec7 c\u00e1c qu\u1ed1c gia \u0111ang ph\u00e1t tri\u1ec3n b\u1ecb m\u1ea5t gi\u00e1. \u0110\u00e2y c\u0169ng ch\u00ednh l\u00e0 y\u1ebfu t\u1ed1 t\u00e1c \u0111\u1ed9ng l\u1edbn nh\u1ea5t \u0111\u1ebfn Vi\u1ec7t Nam v\u00e0 th\u1ebf gi\u1edbi m\u1ed7i khi FED t\u0103ng l\u00e3i su\u1ea5t.<\/p>\n

V\u00ed d\u1ee5, \u0111\u1ea7u n\u0103m 2018, t\u1ef7 gi\u00e1 gi\u1eefa VND v\u00e0 USD \u1edf m\u1ee9c 22.847 \u0111\u1ed3ng cho 1 USD. Tuy nhi\u00ean, v\u00e0o ng\u00e0y 13\/6\/2018, FED t\u0103ng l\u00e3i su\u1ea5t th\u00eam 0,25%, t\u1eeb 1,75% l\u00ean 2%. Gi\u00e1 tr\u1ecb \u0111\u1ed3ng USD \u0111\u00e3 theo \u0111\u00f3 t\u0103ng l\u00ean 1%, t\u1ee9c \u0111\u1ec3 \u0111\u1ed5i l\u1ea5y 1 USD khi \u0111\u00f3, ch\u00fang ta s\u1ebd ph\u1ea3i b\u1ecf ra g\u1ea7n 23.075 VN\u0110.<\/p>\n

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\u0110\u1ed3ng ti\u1ec1n c\u1ee7a c\u00e1c n\u01b0\u1edbc \u0111ang ph\u00e1t tri\u1ec3n th\u01b0\u1eddng c\u00f3 m\u1ee9c t\u1ef7 gi\u00e1 r\u1ea5t th\u1ea5p so v\u1edbi USD \u0111\u1ec3 thu\u1eadn l\u1ee3i cho vi\u1ec7c xu\u1ea5t kh\u1ea9u.<\/figcaption><\/figure>\n

T\u00ecnh tr\u1ea1ng \u201cb\u1ed7ng nhi\u00ean tr\u01b0\u1ee3t gi\u00e1\u201d kh\u00f4ng ch\u1ec9 v\u1edbi \u0111\u1ed3ng ti\u1ec1n Vi\u1ec7t, m\u00e0 l\u00e0 v\u1edbi m\u1ecdi lo\u1ea1i ti\u1ec1n t\u1ec7, bao g\u1ed3m c\u1ea3 Nh\u00e2n d\u00e2n t\u1ec7. \u0110\u1eb7c bi\u1ec7t, \u0111\u1ed3ng ti\u1ec1n c\u1ee7a c\u00e1c n\u01b0\u1edbc \u0111ang ph\u00e1t tri\u1ec3n \u2013 th\u01b0\u1eddng c\u00f3 m\u1ee9c t\u1ef7 gi\u00e1 r\u1ea5t th\u1ea5p so v\u1edbi USD \u0111\u1ec3 thu\u1eadn l\u1ee3i cho vi\u1ec7c xu\u1ea5t kh\u1ea9u \u2013 s\u1ebd b\u1ecb \u1ea3nh h\u01b0\u1edfng n\u1eb7ng n\u1ec1 nh\u1ea5t. Trung Qu\u1ed1c l\u00e0 m\u1ed9t trong s\u1ed1 \u0111\u00f3, h\u1ecd t\u1eebng nhi\u1ec1u l\u1ea7n h\u1ea1 th\u1ea5p gi\u00e1 tr\u1ecb Nh\u00e2n d\u00e2n t\u1ec7 \u0111\u1ec3 t\u1ea1o thu\u1eadn l\u1ee3i cho h\u00e0ng gi\u00e1 r\u1ebb c\u1ee7a m\u00ecnh tr\u01b0\u1edbc c\u00e1c \u0111\u1ed1i th\u1ee7 c\u1ea1nh tranh. Do \u0111\u00f3, khi FED t\u0103ng l\u00e3i su\u1ea5t, Trung Qu\u1ed1c l\u00e0 qu\u1ed1c gia l\u00ean ti\u1ebfng \u201clo ng\u1ea1i\u201d nh\u1ea5t.<\/p>\n

Vi\u1ec7c \u0111\u1ed3ng n\u1ed9i t\u1ec7 b\u1ecb m\u1ea5t gi\u00e1 s\u1ebd t\u00e1c \u0111\u1ed9ng \u0111a chi\u1ec1u \u0111\u1ebfn n\u1ec1n kinh t\u1ebf Vi\u1ec7t Nam. D\u1ec5 th\u1ea5y nh\u1ea5t l\u00e0 \u1edf nh\u1eadp kh\u1ea9u v\u00e0 n\u1ee3 c\u00f4ng n\u01b0\u1edbc ngo\u00e0i. C\u1ea3 hai tr\u01b0\u1eddng h\u1ee3p \u0111\u1ec1u bu\u1ed9c Ch\u00ednh ph\u1ee7, doanh nghi\u1ec7p ph\u1ea3i b\u1ecf ra nhi\u1ec1u ti\u1ec1n h\u01a1n \u0111\u1ec3 thanh to\u00e1n. C\u00e1c doanh nghi\u1ec7p s\u1ebd ph\u1ea3i d\u00f9ng nhi\u1ec1u VND h\u01a1n \u0111\u1ec3 \u0111\u1ed5i l\u1ea5y USD thanh to\u00e1n cho c\u00e1c \u0111\u01a1n h\u00e0ng nh\u1eadp kh\u1ea9u. Thi\u1ec7t h\u1ea1i sau \u0111\u00f3 t\u1ea5t y\u1ebfu s\u1ebd gi\u00e1ng xu\u1ed1ng t\u00fai ti\u1ec1n c\u1ee7a ng\u01b0\u1eddi ti\u00eau d\u00f9ng trong n\u01b0\u1edbc, gi\u00e1 c\u1ea3 s\u1ebd leo thang v\u00e0 l\u1ea1m ph\u00e1t l\u1ea1i t\u0103ng.<\/p>\n

Ngo\u00e0i ra, n\u1ebfu \u0111\u1ec3 t\u1ef7 gi\u00e1 VND b\u1ecb gi\u1ea3m s\u00e2u so v\u1edbi \u0111\u1ed3ng USD, d\u00f2ng v\u1ed1n \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i s\u1ebd kh\u00f4ng t\u00ecm t\u1edbi Vi\u1ec7t Nam n\u1eefa, m\u00e0 thay v\u00e0o \u0111\u00f3 l\u00e0 \u0111\u1ed5 x\u00f4 \u0111\u1ebfn M\u1ef9 \u0111\u1ec3 \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u00e3i su\u1ea5t cao. Th\u1ef1c ra, \u0111i\u1ec1u \u0111\u00f3 x\u1ea3y ra v\u1edbi m\u1ecdi lo\u1ea1i ti\u1ec1n t\u1ec7, do \u0111\u00f3 m\u1ed7i khi FED t\u0103ng l\u00e3i su\u1ea5t, c\u1ea3 th\u1ebf gi\u1edbi \u0111\u1ec1u lo l\u1eafng. Ch\u00ednh ph\u1ee7 c\u00e1c n\u01b0\u1edbc s\u1ebd ph\u1ea3i \u0111\u1ec1 ra c\u00e1c bi\u1ec7n ph\u00e1p \u0111\u1ec3 c\u00e2n b\u1eb1ng t\u1ef7 gi\u00e1 \u0111\u1ed3ng ti\u1ec1n c\u1ee7a m\u00ecnh v\u1edbi \u0111\u1ed3ng USD. Vi\u1ec7c n\u00e0y kh\u00f4ng nh\u1eb1m h\u1ea1 th\u1ea5p gi\u00e1 tr\u1ecb \u0111\u1ed3ng USD m\u00e0 ch\u1ec9 \u0111\u1ec3 ng\u0103n t\u00e1c \u0111\u1ed9ng t\u1eeb M\u1ef9 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn kinh t\u1ebf qu\u1ed1c gia.<\/p>\n

Tuy nhi\u00ean, \u0111\u00f3 l\u00e0 l\u00fd thuy\u1ebft v\u00e0 c\u00f3 th\u1ec3 x\u1ea3y ra. C\u00f2n th\u1ef1c t\u1ebf, theo c\u00e1c chuy\u00ean gia, vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t c\u1ee7a FED l\u00ean 0,25% v\u1eabn ch\u01b0a \u0111\u00e1ng lo ng\u1ea1i. B\u1edfi sau th\u00f4ng b\u00e1o t\u0103ng l\u00e3i su\u1ea5t t\u1eeb FED, t\u00ednh t\u1edbi ng\u00e0y 23\/3, t\u1ef7 gi\u00e1 VND-USD v\u1eabn giao d\u1ecbch t\u01b0\u01a1ng \u0111\u1ed1i \u1ed5n \u0111\u1ecbnh. Trong \u0111\u00f3, tr\u00ean th\u1ecb tr\u01b0\u1eddng li\u00ean ng\u00e2n h\u00e0ng, gi\u00e1 USD giao d\u1ecbch \u1ed5n \u0111\u1ecbnh quanh m\u1ee9c 22.870 \u0111\u1ed3ng.<\/p>\n

\u0110i\u1ec1u n\u00e0y l\u00e0 do Vi\u1ec7t Nam v\u1eabn duy tr\u00ec \u0111\u01b0\u1ee3c ngu\u1ed3n cung ngo\u1ea1i t\u1ec7 d\u1ed3i d\u00e0o \u0111\u1ebfn t\u1eeb FDI, xu\u1ea5t si\u00eau v\u00e0 ki\u1ec1u h\u1ed1i. Ngu\u1ed3n thu ngo\u1ea1i t\u1ec7, \u0111\u1eb7c bi\u1ec7t l\u00e0 USD s\u1ebd gi\u00fap Vi\u1ec7t Nam d\u1ec5 d\u00e0ng c\u00f3 d\u00f2ng ti\u1ec1n \u0111\u1ec3 xoay s\u1edf trong n\u0103m t\u00e0i ch\u00ednh h\u1ebft s\u1ee9c bi\u1ebfn \u0111\u1ed9ng n\u00e0y. D\u00f2ng v\u1ed1n ngo\u1ea1i v\u1eabn duy tr\u00ec \u1edf m\u1ee9c \u1ed5n \u0111\u1ecbnh trong 2 th\u00e1ng \u0111\u1ea7u n\u0103m 2022.<\/p>\n

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Vi\u1ec7t Nam v\u1eabn duy tr\u00ec \u0111\u01b0\u1ee3c ngu\u1ed3n cung ngo\u1ea1i t\u1ec7 d\u1ed3i d\u00e0o \u0111\u1ebfn t\u1eeb FDI, xu\u1ea5t si\u00eau v\u00e0 ki\u1ec1u h\u1ed1i.<\/figcaption><\/figure>\n

V\u1ed1n \u0111\u1ea7u t\u01b0 tr\u1ef1c ti\u1ebfp n\u01b0\u1edbc ngo\u00e0i FDI th\u1ef1c hi\u1ec7n t\u1ea1i Vi\u1ec7t Nam 2 th\u00e1ng \u01b0\u1edbc t\u00ednh \u0111\u1ea1t 2,68 t\u1ef7 USD, t\u0103ng kho\u1ea3ng 7,2% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc. Ngo\u00e0i ra, d\u1ef1 tr\u1eef ngo\u1ea1i h\u1ed1i n\u01b0\u1edbc ta cho \u0111\u1ebfn nay c\u0169ng \u0111\u00e3 \u0111\u1ea1t 110 t\u1ec9 USD, \u0111\u00e2y l\u00e0 m\u1ed9t b\u01b0\u1edbc \u0111\u1ec7m v\u1eefng ch\u1eafc \u0111\u1ec3 gi\u1eef cho \u0111\u1ed3ng n\u1ed9i t\u1ec7 kh\u00f4ng b\u1ecb m\u1ea5t gi\u00e1 so v\u1edbi \u0111\u1ed3ng b\u1ea1c xanh.<\/p>\n

Hi\u1ec7n nay, Vi\u1ec7t Nam ch\u01b0a ch\u1ecbu t\u00e1c \u0111\u1ed9ng nhi\u1ec1u do m\u1ee9c t\u0103ng l\u00e3i su\u1ea5t v\u1eeba qua c\u1ee7a FED l\u00e0 kh\u00f4ng l\u1edbn, kh\u00f4ng \u0111\u1ee7 \u0111\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn Vi\u1ec7t Nam. V\u00e0 y\u1ebfu t\u1ed1 quan tr\u1ecdng nh\u1ea5t v\u1eabn l\u00e0 do ngu\u1ed3n thu ngo\u1ea1i t\u1ec7 Vi\u1ec7t Nam cao, ch\u00ednh y\u1ebfu t\u1ed1 n\u00e0y s\u1ebd gi\u00fap \u0111\u1ed3ng n\u1ed9i t\u1ec7 \u1ed5n \u0111\u1ecbnh b\u1ea5t ch\u1ea5p s\u1ef1 t\u0103ng gi\u00e1 c\u1ee7a \u0111\u1ed3ng USD.<\/p>\n

Huy Ho\u00e0ng<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Ph\u00e1t bi\u1ec3u sau 2 ng\u00e0y h\u1ecdp b\u00e0n ch\u00ednh s\u00e1ch, \u00f4ng Jerome Powell, Ch\u1ee7 t\u1ecbch C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (FED) h\u00f4m 24\/3 cho bi\u1ebft: \u201cNh\u1eefng y\u1ebfu t\u1ed1 gi\u00fap ki\u1ec1m h\u00e3m l\u1ea1m ph\u00e1t nh\u01b0 chu\u1ed7i cung \u1ee9ng b\u1edbt t\u1eafc ngh\u1ebdn v\u00e0 t\u1ef7 l\u1ec7 tham gia l\u1ef1c l\u01b0\u1ee3ng lao \u0111\u1ed9ng t\u0103ng l\u00ean \u0111\u00e3 kh\u00f4ng di\u1ec5n ra. […]<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[9509,476,17217],"topics":[10],"longform":[],"members":[151888],"story":[],"thematic":[],"_links":{"self":[{"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/posts\/597979"}],"collection":[{"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/comments?post=597979"}],"version-history":[{"count":2,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/posts\/597979\/revisions"}],"predecessor-version":[{"id":598015,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/posts\/597979\/revisions\/598015"}],"wp:attachment":[{"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/media?parent=597979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/categories?post=597979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/tags?post=597979"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/topics?post=597979"},{"taxonomy":"longform","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/longform?post=597979"},{"taxonomy":"members","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/members?post=597979"},{"taxonomy":"story","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/story?post=597979"},{"taxonomy":"thematic","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/thematic?post=597979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}