{"id":631107,"date":"2023-10-04T15:20:05","date_gmt":"2023-10-04T08:20:05","guid":{"rendered":"https:\/\/canhco.net\/?p=631107"},"modified":"2023-10-04T15:24:36","modified_gmt":"2023-10-04T08:24:36","slug":"vn-index-cam-dau-co-hoi-vang-10-nam-co-1","status":"publish","type":"post","link":"https:\/\/m.canhco.net\/vn-index-cam-dau-co-hoi-vang-10-nam-co-1-p631107.html","title":{"rendered":"VN-Index “c\u1eafm \u0111\u1ea7u”, c\u01a1 h\u1ed9i v\u00e0ng 10 n\u0103m c\u00f3 m\u1ed9t"},"content":{"rendered":"

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n \u0111\u00e3 gi\u1ea3m li\u00ean ti\u1ebfp 3 tu\u1ea7n v\u00e0 ghi nh\u1eadn chu\u1ed7i gi\u1ea3m theo tu\u1ea7n d\u00e0i nh\u1ea5t k\u1ec3 t\u1eeb \u0111\u1ea7u n\u0103m, VN-Index gi\u1ea3m \u00e1p s\u00e1t v\u00f9ng 1.120 \u0111i\u1ec3m. M\u1eb7c d\u00f9 vi\u1ec7c TTCK \u201cc\u1eafm \u0111\u1ea7u\u201d khi\u1ebfn c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00f4 c\u00f9ng hoang mang, nh\u01b0ng n\u1ebfu nh\u00ecn theo g\u00f3c \u0111\u1ed9 c\u1ee7a c\u00e1c chuy\u00ean gia th\u00ec \u0111\u00e2y ch\u00ednh l\u00e0 hi\u1ec7n t\u01b0\u1ee3ng v\u00f4 c\u00f9ng b\u00ecnh th\u01b0\u1eddng. \u0110\u00e2y v\u1eeba l\u00e0 th\u00e1ch th\u1ee9c v\u1eeba l\u00e0 c\u01a1 h\u1ed9i cho th\u1ea5y chu k\u1ef3 d\u00e0i h\u1ea1n s\u1ebd \u0111i l\u00ean theo chu k\u1ef3 kinh t\u1ebf v\u00e0 t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn doanh nghi\u1ec7p.<\/strong><\/p>\n

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D\u01b0\u1edbi g\u00f3c \u0111\u1ed9 qu\u1ef9 \u0111\u1ea7u t\u01b0 c\u00f3 20 n\u0103m ho\u1ea1t \u0111\u1ed9ng tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam, qu\u1ea3n l\u00fd kh\u1ed1i t\u00e0i s\u1ea3n 4 t\u1ef7 USD, \u00f4ng Andy Ho \u2013 T\u1ed5ng Gi\u00e1m \u0111\u1ed1c H\u1ed9i \u0111\u1ed3ng \u0111\u1ea7u t\u01b0 VinaCapital \u2013 nh\u1eadn \u0111\u1ecbnh c\u00f3 nhi\u1ec1u nguy\u00ean nh\u00e2n \u1ea3nh h\u01b0\u1edfng t\u1edbi di\u1ec5n bi\u1ebfn th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam trong th\u1eddi gian g\u1ea7n \u0111\u00e2y.<\/p>\n

D\u00f9 v\u1eady, \u00f4ng Andy Ho cho r\u1eb1ng v\u1ec1 d\u00e0i h\u1ea1n th\u1ecb tr\u01b0\u1eddng v\u1eabn c\u00f2n nhi\u1ec1u \u0111\u1ed9ng l\u1ef1c. Nh\u00ecn t\u1eeb k\u00eanh g\u1eedi ng\u00e2n h\u00e0ng, c\u00e1 nh\u00e2n v\u1ecb n\u00e0y cho r\u1eb1ng thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng th\u1eddi gian g\u1ea7n \u0111\u00e2y t\u0103ng m\u1ea1nh kh\u1ea3 n\u0103ng cao xu\u1ea5t ph\u00e1t t\u1eeb d\u00f2ng ti\u1ec1n k\u00eanh ng\u00e2n h\u00e0ng. Trong \u0111\u00f3, ti\u1ec1n g\u1eedi t\u1ea1i ng\u00e2n h\u00e0ng mu\u1ed1n chuy\u1ec3n sang k\u00eanh kh\u00e1c s\u1ebd c\u1ea7n th\u1eddi gian, b\u1edfi ti\u1ec1n g\u1eedi l\u00e0 c\u00f3 k\u1ef3 h\u1ea1n. Ch\u01b0a k\u1ec3, m\u1eb7t b\u1eb1ng l\u00e3i su\u1ea5t th\u1ea5p \u0111i, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 vay v\u1edbi l\u00e3i su\u1ea5t th\u1ea5p \u0111\u1ec3 \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n.<\/p>\n

B\u00e0 Nguy\u1ec5n Ho\u00e0i Thu \u2013 T\u1ed5ng Gi\u00e1m \u0111\u1ed1c \u0110i\u1ec1u h\u00e0nh Qu\u1ef9 \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n c\u1ee7a VinaCapital \u2013 b\u1ed5 sung vi\u1ec7c th\u1ecb tr\u01b0\u1eddng \u0111i\u1ec1u ch\u1ec9nh l\u00e0 b\u00ecnh th\u01b0\u1eddng, d\u1ec5 hi\u1ec3u b\u1edfi th\u1eddi gian qua, th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 t\u0103ng t\u1ed1t. B\u00e0 Thu nh\u1ea5n m\u1ea1nh th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n trong ng\u1eafn h\u1ea1n s\u1ebd c\u00f2n ti\u1ebfp t\u1ee5c c\u00f3 c\u00e1c phi\u00ean \u0111i\u1ec1u ch\u1ec9nh.<\/p>\n

B\u1edfi, t\u00ednh \u0111\u1ebfn cu\u1ed1i th\u00e1ng 8, VN-Index \u0111\u00e3 t\u0103ng kho\u1ea3ng 20% so v\u1edbi \u0111\u1ea7u n\u0103m. Th\u00e1ng 9, th\u1ecb tr\u01b0\u1eddng c\u00f3 c\u00e1c phi\u00ean \u0111i\u1ec1u ch\u1ec9nh nh\u01b0ng v\u1eabn c\u00f2n gi\u1eef \u0111\u01b0\u1ee3c \u0111\u00e0 t\u0103ng kho\u1ea3ng 15%. V\u00ec th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 r\u1ea5t h\u01b0ng ph\u1ea5n trong th\u1eddi gian qua n\u00ean c\u1ea7n \u0111i\u1ec1u ch\u1ec9nh trong ng\u1eafn h\u1ea1n \u0111\u1ec3 \u0111i ti\u1ebfp.<\/p>\n

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Bi\u1ec3u \u0111\u1ed3 k\u1ef9 thu\u1eadt VN-Index.<\/figcaption><\/figure>\n

\u0110i\u1ec3n h\u00ecnh, Fed b\u1ecf ng\u1ecf v\u1ec1 kh\u1ea3 n\u0103ng ti\u1ebfp t\u1ee5c t\u0103ng l\u00e3i su\u1ea5t \u0111i\u1ec1u h\u00e0nh trong n\u0103m 2023 v\u00e0 \u0111\u00e0 t\u0103ng c\u1ee7a l\u1ee3i su\u1ea5t TPCP M\u1ef9 g\u00e2y \u00e1p l\u1ef1c l\u00ean t\u1ef7 gi\u00e1 USD\/VND. \u0110\u1ed3ng th\u1eddi, th\u1ecb tr\u01b0\u1eddng ph\u1ea3n \u1ee9ng v\u1edbi th\u00f4ng tin NHNN ph\u00e1t h\u00e0nh t\u00edn phi\u1ebfu nh\u1eb1m h\u00fat b\u1edbt thanh kho\u1ea3n kh\u1ecfi h\u1ec7 th\u1ed1ng \u0111\u1ec3 h\u1ed7 tr\u1ee3 \u0111\u1ed3ng ti\u1ec1n n\u1ed9i t\u1ec7. Ngo\u00e0i ra, \u00e1p l\u1ef1c ch\u1ed1t l\u1eddi, h\u1ea1 t\u1ef7 tr\u1ecdng margin c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 sau chu\u1ed7i t\u0103ng \u0111i\u1ec3m l\u00e0 m\u1ed9t ph\u1ea7n nguy\u00ean nh\u00e2n khi\u1ebfn ch\u1ee9ng kho\u00e1n gi\u1ea3m m\u1ea1nh.<\/p>\n

Tuy nhi\u00ean, v\u1ec1 m\u1eb7t d\u00e0i h\u1ea1n th\u1ecb tr\u01b0\u1eddng v\u1eabn trong chu k\u1ef3 \u0111i l\u00ean. Th\u1ee9 nh\u1ea5t, chu k\u1ef3 kinh t\u1ebf Vi\u1ec7t Nam \u0111ang tr\u00ean \u0111\u00e0 ph\u00e1t tri\u1ec3n t\u1ed1t. D\u00f2ng v\u1ed1n ngo\u1ea1i li\u00ean t\u1ee5c \u0111\u1ed5 v\u00e0o Vi\u1ec7t Nam. \u0110\u01a1n c\u1eed, H\u1ed9i ngh\u1ecb Nh\u00e0 \u0111\u1ea7u t\u01b0 n\u0103m 2023 c\u1ee7a VinaCapital ch\u1ee9ng ki\u1ebfn s\u1ef1 tham d\u1ef1 c\u1ee7a h\u01a1n 150 nh\u00e0 \u0111\u1ea7u t\u01b0 qu\u1ed1c t\u1ebf. \u0110\u00e2y l\u00e0 s\u1ed1 l\u01b0\u1ee3ng nh\u00e0 \u0111\u1ea7u t\u01b0 tham d\u1ef1 \u0111\u00f4ng nh\u1ea5t k\u1ec3 t\u1eeb khi H\u1ed9i ngh\u1ecb Nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u1ea7u ti\u00ean di\u1ec5n ra v\u00e0o n\u0103m 2005. H\u1ed9i ngh\u1ecb c\u00f3 s\u1ef1 tham gia c\u1ee7a nhi\u1ec1u di\u1ec5n gi\u1ea3 \u0111\u1ea1i di\u1ec7n cho c\u00e1c ng\u00e0nh ngh\u1ec1 v\u00e0 l\u0129nh v\u1ef1c, t\u1eeb c\u00e1c c\u00f4ng ty c\u00f4ng ngh\u1ec7 kh\u1edfi nghi\u1ec7p cho \u0111\u1ebfn c\u00e1c t\u1eadp \u0111o\u00e0n c\u00f4ng nghi\u1ec7p, \u0111\u1ecbnh ch\u1ebf t\u00e0i ch\u00ednh l\u1edbn.<\/p>\n

Th\u1ee9 hai, \u0111\u1ecbnh gi\u00e1 th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam so v\u1edbi khu v\u1ef1c \u0111ang \u1edf m\u1ee9c r\u1ebb nh\u1ea5t v\u00e0 \u0111\u01b0\u1ee3c chi\u1ebft kh\u1ea5u cao nh\u1ea5t. Trung h\u1ea1n, ti\u1ec1m n\u0103ng c\u00f2n \u0111\u1ebfn t\u1eeb t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn c\u1ee7a doanh nghi\u1ec7p, theo d\u1ef1 \u0111o\u00e1n c\u1ee7a VinaCapital m\u1ee9c t\u0103ng v\u00e0o kho\u1ea3ng 25% \u0111\u1ebfn 30%. Do \u0111\u00f3, ch\u1ee9ng kho\u00e1n v\u1ec1 d\u00e0i h\u1ea1n s\u1ebd t\u0103ng theo chu k\u1ef3 t\u0103ng c\u1ee7a kinh t\u1ebf.<\/p>\n

\"\"<\/figure>\n

\u201cV\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 v\u1edbi t\u1ea7m nh\u00ecn d\u00e0i h\u1ea1n th\u00ec kh\u00f4ng n\u00ean qu\u00e1 lo l\u1eafng. T\u1ea5t nhi\u00ean, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n c\u00f3 th\u1ec3 c\u00f3 nh\u1eefng dao \u0111\u1ed9ng v\u1ec1 m\u1eb7t t\u00e2m l\u00fd, l\u00e0m cho s\u1ef1 bi\u1ebfn thi\u00ean c\u1ee7a th\u1ecb tr\u01b0\u1eddng di\u1ec5n ra m\u1ea1nh h\u01a1n. Tuy nhi\u00ean, theo VinaCapital th\u00ec s\u1ef1 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng s\u1ebd kh\u00f4ng qu\u00e1 \u0111\u00e1ng ng\u1ea1i \u201d, b\u00e0 Thu n\u00f3i th\u00eam.<\/p>\n

Theo VNDirect, th\u1ecb tr\u01b0\u1eddng c\u00f2n ti\u1ec1m t\u00e0ng nhi\u1ec1u c\u01a1 h\u1ed9i khi b\u1ee9c tranh l\u1ee3i nhu\u1eadn trong qu\u00fd 3 d\u1ef1 ki\u1ebfn s\u1ebd t\u00edch c\u1ef1c h\u01a1n c\u0169ng nh\u01b0 m\u1eb7t b\u1eb1ng \u0111\u1ecbnh gi\u00e1 th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 v\u1ec1 v\u00f9ng h\u1ea5p d\u1eabn h\u01a1n.<\/p>\n

\u201cNh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 n\u1eafm b\u1eaft nh\u1eefng c\u01a1 h\u1ed9i xu\u1ea5t hi\u1ec7n t\u1eeb c\u00e1c xu h\u01b0\u1edbng \u0111\u00e1ng ch\u00fa \u00fd sau: (1) \u0110\u1ea7u t\u01b0 c\u00f4ng v\u1eabn l\u00e0 m\u0169i nh\u1ecdn t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf, (2) Tri\u1ec3n v\u1ecdng xu\u1ea5t nh\u1eadp kh\u1ea9u \u0111ang d\u1ea7n ph\u1ee5c h\u1ed3i, (3) Theo sau s\u1ef1 ph\u1ee5c h\u1ed3i c\u1ee7a l\u0129nh v\u1ef1c s\u1ea3n xu\u1ea5t, b\u00e1n l\u1ebb s\u1ebd ph\u1ee5c h\u1ed3i nh\u1edd s\u1ee9c mua c\u1ea3i thi\u1ec7n; (4) d\u00f2ng v\u1ed1n FDI duy tr\u00ec t\u00edch c\u1ef1c c\u1ea3i thi\u1ec7n tri\u1ec3n v\u1ecdng nh\u00f3m B\u0110S KCN\u201d, b\u00e1o c\u00e1o chi\u1ebfn l\u01b0\u1ee3c n\u00eau r\u00f5.<\/p>\n

Th\u1ee9 ba, TTCK Vi\u1ec7t Nam n\u00f3i ri\u00eang c\u0169ng ghi nh\u1eadn nhi\u1ec1u th\u00f4ng tin h\u1ed7 tr\u1ee3 khi h\u1ec7 th\u1ed1ng KRX s\u1ebd \u0111\u01b0\u1ee3c \u0111i v\u00e0o v\u1eadn h\u00e0nh trong n\u0103m nay t\u1ea1o n\u1ec1n t\u1ea3ng c\u01a1 s\u1edf \u0111\u1ec3 nhi\u1ec1u s\u1ea3n ph\u1ea9m m\u1edbi \u0111\u01b0\u1ee3c tri\u1ec3n khai, t\u1eeb \u0111\u00f3 r\u00fat ng\u1eafn con \u0111\u01b0\u1eddng n\u00e2ng h\u1ea1ng th\u00e0nh th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i c\u1ee7a Vi\u1ec7t Nam.<\/p>\n

Tuy v\u1eabn c\u1ea7n l\u01b0u \u00fd v\u1ec1 \u0111\u1ed9ng th\u00e1i t\u0103ng l\u00e3i su\u1ea5t c\u1ee7a Fed v\u00e0 di\u1ec5n bi\u1ebfn t\u1ef7 gi\u00e1, song chuy\u00ean gia cho r\u1eb1ng ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 linh ho\u1ea1t c\u1ee7a NHNN v\u1eabn s\u1ebd duy tr\u00ec. Do \u0111\u00f3, nh\u1eefng nh\u1ecbp rung l\u1eafc v\u1eabn l\u00e0 c\u01a1 h\u1ed9i \u0111\u1ec3 nh\u00e0 \u0111\u1ea7u t\u01b0 gia t\u0103ng t\u1ef7 tr\u1ecdng c\u1ed5 phi\u1ebfu \u1edf nh\u1eefng c\u1ed5 phi\u1ebfu \u0111\u1ea7u ng\u00e0nh cho m\u1ed9t chu k\u1ef3 m\u1edbi.<\/p>\n

B\u00edch V\u00e2n<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n \u0111\u00e3 gi\u1ea3m li\u00ean ti\u1ebfp 3 tu\u1ea7n v\u00e0 ghi nh\u1eadn chu\u1ed7i gi\u1ea3m theo tu\u1ea7n d\u00e0i nh\u1ea5t k\u1ec3 t\u1eeb \u0111\u1ea7u n\u0103m, VN-Index gi\u1ea3m \u00e1p s\u00e1t v\u00f9ng 1.120 \u0111i\u1ec3m. M\u1eb7c d\u00f9 vi\u1ec7c TTCK \u201cc\u1eafm \u0111\u1ea7u\u201d khi\u1ebfn c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00f4 c\u00f9ng hoang mang, nh\u01b0ng n\u1ebfu nh\u00ecn theo g\u00f3c \u0111\u1ed9 c\u1ee7a c\u00e1c chuy\u00ean gia […]<\/p>\n","protected":false},"author":40,"featured_media":631110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[1683,16403],"topics":[],"longform":[],"members":[130984],"story":[],"thematic":[],"_links":{"self":[{"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/posts\/631107"}],"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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/comments?post=631107"}],"version-history":[{"count":3,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/posts\/631107\/revisions"}],"predecessor-version":[{"id":631113,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/posts\/631107\/revisions\/631113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/media\/631110"}],"wp:attachment":[{"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/media?parent=631107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/categories?post=631107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/tags?post=631107"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/topics?post=631107"},{"taxonomy":"longform","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/longform?post=631107"},{"taxonomy":"members","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/members?post=631107"},{"taxonomy":"story","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/story?post=631107"},{"taxonomy":"thematic","embeddable":true,"href":"https:\/\/m.canhco.net\/wp-json\/wp\/v2\/thematic?post=631107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}