{"id":52214,"date":"2025-10-20T16:07:23","date_gmt":"2025-10-20T09:07:23","guid":{"rendered":"https:\/\/hbbgroup.net\/chung-khoan-giam-sau-gia-tri-khop-lenh-tren-san-hose-len-cao-nhat-2-thang\/"},"modified":"2025-10-20T16:07:23","modified_gmt":"2025-10-20T09:07:23","slug":"chung-khoan-giam-sau-gia-tri-khop-lenh-tren-san-hose-len-cao-nhat-2-thang","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/chung-khoan-giam-sau-gia-tri-khop-lenh-tren-san-hose-len-cao-nhat-2-thang\/","title":{"rendered":"Ch\u1ee9ng kho\u00e1n gi\u1ea3m s\u00e2u, gi\u00e1 tr\u1ecb kh\u1edbp l\u1ec7nh tr\u00ean s\u00e0n HoSE l\u00ean cao nh\u1ea5t 2 th\u00e1ng"},"content":{"rendered":"
<\/figcaption>

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam v\u1eeba tr\u1ea3i qua nh\u1eefng phi\u00ean giao d\u1ecbch \u0111\u1ea7y bi\u1ebfn \u0111\u1ed9ng khi s\u1eafc \u0111\u1ecf bao ph\u1ee7 ph\u1ea7n l\u1edbn b\u1ea3ng \u0111i\u1ec7n. \u00c1p l\u1ef1c b\u00e1n lan r\u1ed9ng t\u1eeb nh\u00f3m c\u1ed5 phi\u1ebfu v\u1ed1n h\u00f3a l\u1edbn sang c\u00e1c nh\u00f3m ng\u00e0nh c\u00f2n l\u1ea1i khi\u1ebfn VN-Index l\u00f9i s\u00e2u. <\/p>\n

VN-Index \u0111\u00f3ng c\u1eeda phi\u00ean 20\/10 l\u00f9i s\u00e2u v\u1ec1 ng\u01b0\u1ee1ng 1.636,43 \u0111i\u1ec3m, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng m\u1ea5t g\u1ea7n 95 \u0111i\u1ec3m, m\u1ee9c gi\u1ea3m k\u1ef7 l\u1ee5c t\u00ednh theo s\u1ed1 tuy\u1ec7t \u0111\u1ed1i. M\u1ee9c gi\u1ea3m 5,47% c\u1ee7a VN-Index c\u0169ng khi\u1ebfn v\u1ed1n h\u00f3a s\u00e0n HoSE “b\u1ed1c h\u01a1i”\u00a0h\u01a1n 410.000 t\u1ef7 \u0111\u1ed3ng c\u00f2n l\u1ea1i 7,1 tri\u1ec7u t\u1ef7 \u0111\u1ed3ng. <\/p>\n

Tr\u01b0\u1edbc b\u1ed1i c\u1ea3nh \u0111\u00f3, kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch t\u0103ng cao \u0111\u1ed9t bi\u1ebfn v\u1edbi gi\u00e1 tr\u1ecb kh\u1edbp l\u1ec7nh tr\u00ean HoSE \u0111\u1ea1t g\u1ea7n 50.300 t\u1ef7 \u0111\u1ed3ng (~1,9 t\u1ef7 USD), t\u0103ng 26% so v\u1edbi phi\u00ean li\u1ec1n tr\u01b0\u1edbc v\u00e0 m\u1ee9c cao nh\u1ea5t trong v\u00f2ng 2 th\u00e1ng. <\/p>\n

\n

\"Ch\u1ee9ng <\/p>

<\/figcaption><\/figure>\n
\n

\"Ch\u1ee9ng <\/p>

<\/figcaption><\/figure>\n

VN-Index \u0111\u00e3 gi\u1ea3m m\u1ea1nh 2 phi\u00ean li\u00ean ti\u1ebfp v\u1edbi t\u1ed5ng c\u1ed9ng 130 \u0111i\u1ec3m t\u1eeb v\u00f9ng \u0111\u1ec9nh, th\u00e0nh qu\u1ea3 t\u0103ng gi\u00e1 c\u1ea3 th\u00e1ng qua g\u1ea7n nh\u01b0 “bay s\u1ea1ch”. \u0110i\u1ec1u n\u00e0y\u00a0t\u1ea1o ra t\u00e2m l\u00fd th\u1eadn tr\u1ecdng v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n. <\/p>\n

Tuy nhi\u00ean, nh\u00ecn \u1edf g\u00f3c \u0111\u1ed9 d\u00e0i h\u1ea1n, \u0111\u00e2y kh\u00f4ng ph\u1ea3i b\u1ee9c tranh qu\u00e1 ti\u00eau c\u1ef1c nh\u01b0 c\u1ea3m x\u00fac th\u1ecb tr\u01b0\u1eddng \u0111ang th\u1ec3 hi\u1ec7n.\ufeff Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n \u0111\u00e3 c\u00f3 m\u1ed9t giai \u0111o\u1ea1n \u0111i l\u00ean \u0111\u00e1ng k\u1ec3 tr\u01b0\u1edbc \u0111\u00f3, v\u00ec v\u1eady m\u1ed9t nh\u1ecbp \u0111i\u1ec1u ch\u1ec9nh l\u00e0nh m\u1ea1nh l\u00e0 ho\u00e0n to\u00e0n b\u00ecnh th\u01b0\u1eddng c\u1ee7a m\u1ed9t chu k\u1ef3 t\u0103ng. <\/p>\n

Trong b\u1ea5t k\u1ef3 con s\u00f3ng n\u00e0o, th\u1ecb tr\u01b0\u1eddng kh\u00f4ng bao gi\u1edd \u0111i l\u00ean theo \u0111\u01b0\u1eddng th\u1eb3ng, m\u00e0 lu\u00f4n c\u00f3 nh\u1eefng nh\u1ecbp d\u1eebng \u2013 ngh\u1ec9 \u0111\u1ec3 ki\u1ec3m \u0111\u1ecbnh l\u1ea1i s\u1ee9c m\u1ea1nh d\u00f2ng ti\u1ec1n. Vi\u1ec7c xu\u1ea5t hi\u1ec7n c\u00e1c nh\u1ecbp rung l\u1eafc m\u1ea1nh th\u01b0\u1eddng mang t\u00ednh \u201cthanh l\u1ecdc\u201d h\u01a1n l\u00e0 ti\u00eau c\u1ef1c, b\u1edfi \u0111\u00e2y l\u00e0 giai \u0111o\u1ea1n th\u1ecb tr\u01b0\u1eddng lo\u1ea1i b\u1ecf b\u1edbt c\u00e1c v\u1ecb th\u1ebf \u0111\u1ea7u c\u01a1 y\u1ebfu, c\u00e2n b\u1eb1ng l\u1ea1i cung \u2013 c\u1ea7u v\u00e0 gi\u1ea3m b\u1edbt \u00e1p l\u1ef1c ch\u1ed1t l\u1eddi ng\u1eafn h\u1ea1n. <\/p>\n

Ch\u00ednh nh\u1eefng \u0111i\u1ec1u ch\u1ec9nh nh\u01b0 v\u1eady s\u1ebd gi\u00fap m\u1eb7t b\u1eb1ng gi\u00e1 tr\u1edf n\u00ean b\u1ec1n v\u1eefng h\u01a1n, tr\u01b0\u1edbc khi th\u1ecb tr\u01b0\u1eddng h\u00ecnh th\u00e0nh n\u1ec1n t\u00edch l\u0169y m\u1edbi v\u00e0 t\u1ea1o ti\u1ec1n \u0111\u1ec1 cho m\u1ed9t nh\u1ecbp t\u0103ng tr\u01b0\u1edfng ti\u1ebfp theo. L\u1ecbch s\u1eed cho th\u1ea5y, sau m\u1ed7i l\u1ea7n rung l\u1eafc \u0111\u1ee7 m\u1ea1nh nh\u01b0ng kh\u00f4ng l\u00e0m thay \u0111\u1ed5i c\u00e2u chuy\u1ec7n v\u0129 m\u00f4, th\u1ecb tr\u01b0\u1eddng th\u01b0\u1eddng c\u00f3 xu h\u01b0\u1edbng v\u1eadn \u0111\u1ed9ng \u1ed5n \u0111\u1ecbnh tr\u1edf l\u1ea1i v\u00e0 t\u00ecm \u0111\u01b0\u1ee3c v\u00f9ng c\u00e2n b\u1eb1ng m\u1edbi. <\/p>\n

Nh\u1ecbp \u0111i\u1ec1u ch\u1ec9nh l\u00e0 c\u01a1 h\u1ed9i t\u00edch l\u0169y c\u1ed5 phi\u1ebfu cho t\u1ea7m nh\u00ecn d\u00e0i h\u1ea1n <\/b> <\/p>\n

SSI\u00a0Research trong b\u00e1o c\u00e1o chi\u1ebfn l\u01b0\u1ee3c m\u1edbi \u0111\u00e2y c\u0169ng nh\u1eadn \u0111\u1ecbnh r\u1eb1ng, m\u1ed9t nh\u1ecbp \u0111i\u1ec1u ch\u1ec9nh m\u1ea1nh trong th\u1eddi gian t\u1edbi n\u1ebfu x\u1ea3y ra c\u00f3 th\u1ec3 m\u1edf ra c\u01a1 h\u1ed9i t\u00edch l\u0169y c\u1ed5 phi\u1ebfu cho t\u1ea7m nh\u00ecn \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n <\/i> . <\/p>\n

Tri\u1ec3n v\u1ecdng n\u00e0y \u0111\u01b0\u1ee3c c\u1ee7ng c\u1ed1 b\u1edfi: (1) k\u1ef3 v\u1ecdng t\u0103ng tr\u01b0\u1edfng GDP hai ch\u1eef s\u1ed1 trong 5\u201310 n\u0103m t\u1edbi, \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y b\u1edfi c\u1ea3i c\u00e1ch th\u1ec3 ch\u1ebf to\u00e0n di\u1ec7n v\u00e0 \u0111\u1ecbnh h\u01b0\u1edbng \u0111\u1ea9y m\u1ea1nh ph\u00e1t tri\u1ec3n khu v\u1ef1c kinh t\u1ebf t\u01b0 nh\u00e2n, (2) tri\u1ec3n v\u1ecdng t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn v\u1eefng ch\u1eafc tr\u00ean 14%\/n\u0103m trong giai \u0111o\u1ea1n 2025 \u2013 2026, (3) tri\u1ec3n v\u1ecdng n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng gi\u00fap thu h\u00fat th\u00eam d\u00f2ng v\u1ed1n qu\u1ed1c t\u1ebf, v\u00e0 (4) Ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 h\u1ed7 tr\u1ee3, duy tr\u00ec m\u00f4i tr\u01b0\u1eddng l\u00e3i su\u1ea5t thu\u1eadn l\u1ee3i cho th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n. <\/p>\n

Li\u00ean quan t\u1edbi c\u00e2u chuy\u1ec7n n\u00e2ng h\u1ea1ng, nhi\u1ec1u chuy\u00ean gia cho r\u1eb1ng kh\u1ea3 n\u0103ng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam thu h\u00fat d\u00f2ng v\u1ed1n ngo\u1ea1i s\u1ebd t\u0103ng l\u00ean r\u00f5 r\u1ec7t trong th\u1eddi gian t\u1edbi. <\/p>\n

\u0110i\u1ec3n h\u00ecnh, \u00f4ng Petri Deryng \u2013 ng\u01b0\u1eddi \u0111\u1ee9ng \u0111\u1ea7u qu\u1ef9 ngo\u1ea1i t\u1ef7 USD Pyn Elite Fund cho r\u1eb1ng quy\u1ebft \u0111\u1ecbnh c\u1ee7a FTSE Russell s\u1ebd thu h\u00fat th\u00eam nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c \u0111\u1ebfn v\u1edbi th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam v\u00e0 c\u00f3 th\u1ec3 s\u1ebd kh\u01a1i d\u1eady t\u00e2m l\u00fd l\u1ea1c quan trong gi\u1edbi \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n Vi\u1ec7t Nam. C\u00e1c qu\u1ef9 \u0111\u1ea7u t\u01b0 c\u1ed5 phi\u1ebfu theo d\u00f5i ch\u1ec9 s\u1ed1 FTSE s\u1ebd th\u00edch \u1ee9ng v\u1edbi s\u1ef1 thay \u0111\u1ed5i n\u00e0y v\u00e0 n\u00e2ng t\u1ef7 tr\u1ecdng c\u1ed5 phi\u1ebfu ni\u00eam y\u1ebft t\u1ea1i Vi\u1ec7t Nam trong n\u0103m 2026. <\/p>\n

\u201cQuy\u1ebft \u0111\u1ecbnh c\u1ee7a FTSE r\u1ea5t \u0111\u00e1ng m\u1eebng \u0111\u1ed1i v\u1edbi Vi\u1ec7t Nam, b\u1edfi Ch\u00ednh ph\u1ee7 \u0111\u00e3 th\u1ef1c hi\u1ec7n nhi\u1ec1u bi\u1ec7n ph\u00e1p trong nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y nh\u1eb1m n\u00e2ng h\u1ea1ng. Ch\u00fang t\u00f4i tin r\u1eb1ng Vi\u1ec7t Nam c\u0169ng s\u1ebd \u0111\u01b0\u1ee3c MSCI, m\u1ed9t t\u1ed5 ch\u1ee9c x\u1ebfp h\u1ea1ng kh\u00e1c, n\u00e2ng h\u1ea1ng l\u00ean th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i trong nh\u1eefng n\u0103m t\u1edbi. Ngo\u00e0i ra, vi\u1ec7c tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 \u0111\u01b0\u1ee3c x\u1ebfp h\u1ea1ng IG trong nh\u1eefng n\u0103m t\u1edbi s\u1ebd r\u1ea5t quan tr\u1ecdng \u0111\u1ed1i v\u1edbi vi\u1ec7c t\u00e0i tr\u1ee3 cho c\u00e1c d\u1ef1 \u00e1n c\u00f4ng l\u1edbn c\u1ee7a Vi\u1ec7t Nam\u201d <\/i> , \u00f4ng Petri Deryng nh\u1ea5n m\u1ea1nh. <\/p>\n

Pyn Elite Fund \u0111\u01b0\u1ee3c bi\u1ebft \u0111\u1ebfn l\u00e0 m\u1ed9t trong nh\u1eefng t\u1ed5 ch\u1ee9c l\u1ea1c quan nh\u1ea5t v\u1ec1 th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam nh\u1eefng n\u0103m qua. H\u1ed3i trung tu\u1ea7n th\u00e1ng 7 khi VN-Index \u1edf quanh v\u00f9ng 1.500, ng\u01b0\u1eddi \u0111\u1ee9ng \u0111\u1ea7u qu\u1ef9 ngo\u1ea1i n\u00e0y \u0111\u00e3 d\u1ef1 b\u00e1o ch\u1ec9 s\u1ed1 c\u00f3 th\u1ec3 l\u00ean 1.800 \u0111i\u1ec3m trong n\u0103m nay. Trong qu\u00e1 kh\u1ee9, \u00f4ng Petri Deryng t\u1eebng d\u1ef1 b\u00e1o VN-Index c\u00f3 th\u1ec3 l\u00ean 2.500 \u0111i\u1ec3m v\u1edbi t\u1ea7m nh\u00ecn d\u00e0i h\u1ea1n. <\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam v\u1eeba tr\u1ea3i qua nh\u1eefng phi\u00ean giao d\u1ecbch \u0111\u1ea7y bi\u1ebfn \u0111\u1ed9ng khi s\u1eafc \u0111\u1ecf bao […]<\/p>","protected":false},"author":5,"featured_media":52215,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[221],"tags":[],"class_list":["post-52214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chung-khoan"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/52214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=52214"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/52214\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/52215"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=52214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=52214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=52214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}