{"id":53433,"date":"2025-11-06T13:13:54","date_gmt":"2025-11-06T06:13:54","guid":{"rendered":"https:\/\/hbbgroup.net\/giua-con-song-vang-toan-cau-trung-quoc-va-campuchia-co-dong-thai-chua-tung-co\/"},"modified":"2025-11-06T13:13:54","modified_gmt":"2025-11-06T06:13:54","slug":"giua-con-song-vang-toan-cau-trung-quoc-va-campuchia-co-dong-thai-chua-tung-co","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/giua-con-song-vang-toan-cau-trung-quoc-va-campuchia-co-dong-thai-chua-tung-co\/","title":{"rendered":"Gi\u1eefa c\u01a1n s\u00f3ng v\u00e0ng to\u00e0n c\u1ea7u, Trung Qu\u1ed1c v\u00e0 Campuchia c\u00f3 \u0111\u1ed9ng th\u00e1i ch\u01b0a t\u1eebng c\u00f3"},"content":{"rendered":"
\n

B\u00e1o c\u00e1o c\u1ee7a Bloomberg<\/em>\u00a0cho hay Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Campuchia d\u1ef1 ki\u1ebfn \u200b\u200bs\u1ebd l\u00e0 m\u1ed9t trong nh\u1eefng qu\u1ed1c gia \u0111\u1ea7u ti\u00ean l\u01b0u tr\u1eef m\u1ed9t ph\u1ea7n d\u1ef1 tr\u1eef v\u00e0ng c\u1ee7a m\u00ecnh t\u1ea1i S\u00e0n giao d\u1ecbch v\u00e0ng Th\u01b0\u1ee3ng H\u1ea3i (SGE). B\u00e1o c\u00e1o c\u0169ng l\u01b0u \u00fd, m\u1ed9t s\u1ed1 ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng kh\u00e1c \u0111\u00e3 b\u00e0y t\u1ecf s\u1ef1 quan t\u00e2m \u0111\u1ebfn vi\u1ec7c l\u01b0u tr\u1eef v\u00e0ng t\u1ea1i Trung Qu\u1ed1c.<\/p>\n

K\u1ebf ho\u1ea1ch m\u1edf r\u1ed9ng \u1ea3nh h\u01b0\u1edfng c\u1ee7a Trung Qu\u1ed1c \u0111\u1ed1i v\u1edbi th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u v\u00e0 v\u00e0ng d\u01b0\u1eddng nh\u01b0 \u0111ang c\u00f3 hi\u1ec7u qu\u1ea3 sau \u0111\u1ed9ng th\u00e1i m\u1edbi n\u00e0y.<\/p>\n

Theo d\u1eef li\u1ec7u t\u1eeb H\u1ed9i \u0111\u1ed3ng V\u00e0ng Th\u1ebf gi\u1edbi (WGC), Ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng Campuchia n\u1eafm gi\u1eef kho\u1ea3ng 54 t\u1ea5n v\u00e0ng, chi\u1ebfm kho\u1ea3ng 25% trong t\u1ed5ng s\u1ed1 26 t\u1ef7 USD d\u1ef1 tr\u1eef ngo\u1ea1i h\u1ed1i c\u1ee7a n\u01b0\u1edbc n\u00e0y.<\/p>\n

K\u1ebf ho\u1ea1ch di d\u1eddi m\u1ed9t s\u1ed1 kho v\u00e0ng c\u1ee7a Campuchia kh\u00f4ng g\u00e2y nhi\u1ec1u b\u1ea5t ng\u1edd, b\u1edfi Trung Qu\u1ed1c l\u00e0 \u0111\u1ed1i t\u00e1c kinh t\u1ebf h\u00e0ng \u0111\u1ea7u c\u1ee7a n\u01b0\u1edbc n\u00e0y. Th\u00f4ng qua S\u00e1ng ki\u1ebfn \u200b\u200bV\u00e0nh \u0111ai v\u00e0 Con \u0111\u01b0\u1eddng, c\u00e1c c\u00f4ng ty Trung Qu\u1ed1c \u0111\u00e3 h\u1ed7 tr\u1ee3 t\u00e0i ch\u00ednh v\u00e0 x\u00e2y d\u1ef1ng ph\u1ea7n l\u1edbn c\u01a1 s\u1edf h\u1ea1 t\u1ea7ng c\u1ee7a Campuchia trong nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y – t\u1eeb s\u00e2n bay m\u1edbi \u1edf th\u1ee7 \u0111\u00f4 Phnom Penh \u0111\u1ebfn \u0111\u01b0\u1eddng cao t\u1ed1c v\u00e0 k\u00eanh \u0111\u00e0o.<\/p>\n

Trung Qu\u1ed1c l\u00e0 m\u1ed9t trong nh\u1eefng nh\u00e0 t\u00e0i tr\u1ee3 v\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 l\u1edbn nh\u1ea5t t\u1ea1i Campuchia, kim ng\u1ea1ch th\u01b0\u01a1ng m\u1ea1i gi\u1eefa hai n\u01b0\u1edbc \u0111\u00e3 t\u0103ng l\u00ean m\u1ee9c k\u1ef7 l\u1ee5c 15 t\u1ef7 USD v\u00e0o n\u0103m 2024.<\/p>\n

Trung Qu\u1ed1c t\u1eeb l\u00e2u \u0111\u00e3 l\u00e0 m\u1ed9t \u201ctay ch\u01a1i\u201d l\u1edbn tr\u00ean th\u1ecb tr\u01b0\u1eddng v\u00e0ng qu\u1ed1c t\u1ebf v\u00e0 Ng\u00e2n h\u00e0ng Nh\u00e2n d\u00e2n Trung Qu\u1ed1c (PBoC) \u0111\u00e3 t\u0103ng \u0111\u00e1ng k\u1ec3 d\u1ef1 tr\u1eef v\u00e0ng ch\u00ednh th\u1ee9c k\u1ec3 t\u1eeb cu\u1ed1i th\u00e1ng 11\/2022. Tuy nhi\u00ean, \u0111\u1ed9ng th\u00e1i cung c\u1ea5p kho l\u01b0u tr\u1eef cho c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng kh\u00e1c \u0111\u00e1nh d\u1ea5u b\u01b0\u1edbc ph\u00e1t tri\u1ec3n \u0111\u00e1ng k\u1ec3 trong chi\u1ebfn l\u01b0\u1ee3c d\u1ef1 tr\u1eef c\u1ee7a Trung Qu\u1ed1c.<\/p>\n

\"gia<\/picture>
Gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi v\u1eabn \u0111ang treo cao g\u1ea7n 4.000 USD\/ounce. \u1ea2nh: HH<\/em><\/figcaption><\/figure>\n

Ngo\u00e0i Trung Qu\u1ed1c, ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng t\u1ea1i c\u00e1c th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i c\u0169ng l\u00e0 nh\u1eefng ng\u01b0\u1eddi mua v\u00e0ng l\u1edbn khi h\u1ecd \u0111a d\u1ea1ng h\u00f3a danh m\u1ee5c \u0111\u1ea7u t\u01b0, gi\u1ea3m b\u1edbt ph\u1ee5 thu\u1ed9c v\u00e0o \u0111\u1ed3ng USD. C\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng \u0111\u00e3 mua kho\u1ea3ng 1.000 t\u1ea5n v\u00e0ng m\u1ed7i n\u0103m trong 3 n\u0103m qua (2022-2024), theo H\u1ed9i \u0111\u1ed3ng V\u00e0ng Th\u1ebf gi\u1edbi. D\u1ef1 tr\u1eef v\u00e0ng to\u00e0n c\u1ea7u d\u1ef1 ki\u1ebfn \u200b\u200bs\u1ebd t\u0103ng t\u1eeb 750 \u0111\u1ebfn 900 t\u1ea5n trong n\u0103m nay.<\/p>\n

Ph\u1ea7n l\u1edbn v\u00e0ng tr\u00ean th\u1ebf gi\u1edbi v\u1eabn \u0111\u01b0\u1ee3c l\u01b0u tr\u1eef t\u1ea1i c\u00e1c trung t\u00e2m th\u1ecb tr\u01b0\u1eddng truy\u1ec1n th\u1ed1ng nh\u01b0 London, New York v\u00e0 Th\u1ee5y S\u0129.<\/p>\n

M\u1ed9t s\u1ed1 nh\u00e0 ph\u00e2n t\u00edch cho r\u1eb1ng Trung Qu\u1ed1c \u0111ang t\u1eadn d\u1ee5ng xu h\u01b0\u1edbng \u0111a d\u1ea1ng h\u00f3a h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh qu\u1ed1c t\u1ebf trong b\u1ed1i c\u1ea3nh M\u1ef9 gia t\u0103ng c\u00e1c bi\u1ec7n ph\u00e1p b\u1ea3o v\u1ec7 l\u1ee3i \u00edch kinh t\u1ebf c\u1ee7a m\u00ecnh. \u0110\u1ed3ng th\u1eddi, ng\u00e0y c\u00e0ng nhi\u1ec1u qu\u1ed1c gia \u0111\u00e3 h\u1ed3i h\u01b0\u01a1ng v\u00e0ng \u0111\u1ec3 n\u1eafm gi\u1eef trong n\u01b0\u1edbc.<\/p>\n

N\u1ed7 l\u1ef1c thu h\u00fat d\u1ef1 tr\u1eef v\u00e0ng ch\u00ednh th\u1ee9c c\u1ee7a Trung Qu\u1ed1c ch\u1ec9 l\u00e0 m\u1ed9t ph\u1ea7n trong chi\u1ebfn l\u01b0\u1ee3c r\u1ed9ng l\u1edbn h\u01a1n nh\u1eb1m \u0111\u1ecbnh h\u00ecnh l\u1ea1i th\u1ecb tr\u01b0\u1eddng v\u00e0ng to\u00e0n c\u1ea7u.<\/p>\n

\u0110\u1ea7u n\u0103m nay, c\u00f3 tin r\u1eb1ng SGE l\u00ean k\u1ebf ho\u1ea1ch m\u1edf r\u1ed9ng m\u1ea1ng l\u01b0\u1edbi kho ti\u1ec1n ngo\u00e0i kh\u01a1i t\u1ea1i H\u1ed3ng K\u00f4ng, gi\u00fap n\u00e2ng cao uy t\u00edn c\u1ee7a c\u00e1c s\u1ea3n ph\u1ea9m kim lo\u1ea1i qu\u00fd \u0111\u1ecbnh gi\u00e1 b\u1eb1ng \u0111\u1ed3ng nh\u00e2n d\u00e2n t\u1ec7 ra ngo\u00e0i Trung Qu\u1ed1c \u0111\u1ea1i l\u1ee5c.<\/p>\n

Ngay t\u1eeb \u0111\u1ea7u n\u0103m 2025, Trung Qu\u1ed1c kh\u1edfi \u0111\u1ed9ng chi\u1ebfn d\u1ecbch nh\u1eb1m \u0111\u01b0a SGE v\u01b0\u01a1n t\u1ea7m qu\u1ed1c t\u1ebf, trong b\u1ed1i c\u1ea3nh gi\u00e1 v\u00e0ng tr\u00ean \u0111\u1ec9nh l\u1ecbch s\u1eed v\u00e0 qu\u1ed1c gia n\u00e0y ti\u00eau th\u1ee5 kim lo\u1ea1i qu\u00fd l\u1edbn nh\u1ea5t th\u1ebf gi\u1edbi.<\/p>\n

Th\u00e1ng 4, PBoC c\u00f9ng ba c\u01a1 quan ch\u00ednh ph\u1ee7 kh\u00e1c \u0111\u00e3 c\u00f4ng b\u1ed1 \u201cK\u1ebf ho\u1ea1ch h\u00e0nh \u0111\u1ed9ng nh\u1eb1m t\u0103ng c\u01b0\u1eddng h\u01a1n n\u1eefa vi\u1ec7c t\u1ea1o \u0111i\u1ec1u ki\u1ec7n thu\u1eadn l\u1ee3i cho d\u1ecbch v\u1ee5 t\u00e0i ch\u00ednh xuy\u00ean bi\u00ean gi\u1edbi t\u1ea1i Trung t\u00e2m T\u00e0i ch\u00ednh Qu\u1ed1c t\u1ebf Th\u01b0\u1ee3ng H\u1ea3i\u201d. C\u1ee5 th\u1ec3, PBoC v\u00e0 ba c\u01a1 quan ch\u00ednh ph\u1ee7 s\u1ebd \u0111\u1ea7u t\u01b0 v\u00e0o qu\u00e1 tr\u00ecnh qu\u1ed1c t\u1ebf h\u00f3a SGE, nh\u1eb1m h\u01b0\u1edbng \u0111\u1ebfn m\u1ee5c ti\u00eau \u0111\u00f3ng vai tr\u00f2 l\u1edbn h\u01a1n trong vi\u1ec7c x\u00e1c l\u1eadp gi\u00e1 v\u00e0ng to\u00e0n c\u1ea7u, b\u00ean c\u1ea1nh c\u00e1c s\u00e0n giao d\u1ecbch l\u1edbn nh\u01b0 London (LBMA).<\/p>\n

Kh\u00e1c v\u1edbi ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ecbnh gi\u00e1 c\u1ee7a LBMA th\u00f4ng qua th\u1ecb tr\u01b0\u1eddng v\u00e0ng OTC gi\u1eefa ng\u01b0\u1eddi mua v\u00e0 ng\u01b0\u1eddi b\u00e1n, Trung Qu\u1ed1c s\u1eed d\u1ee5ng SGE l\u00e0m trung t\u00e2m \u0111\u1ecbnh gi\u00e1. SGE \u0111\u00e3 li\u00ean h\u1ec7 v\u1edbi m\u1ed9t s\u1ed1 ng\u00e2n h\u00e0ng qu\u1ed1c t\u1ebf c\u00f3 t\u1ea7m \u1ea3nh h\u01b0\u1edfng l\u1edbn nh\u01b0 HSBC, ANZ, Standard Bank v\u00e0 Standard Chartered Bank.<\/p>\n

K\u1ebf ho\u1ea1ch c\u0169ng \u0111\u1ec1 c\u1eadp \u0111\u1ebfn vi\u1ec7c t\u0103ng c\u01b0\u1eddng vai tr\u00f2 c\u1ee7a c\u00e1c n\u1ec1n t\u1ea3ng t\u00e0i ch\u00ednh ch\u1ee7 ch\u1ed1t trong vi\u1ec7c ph\u00e2n b\u1ed5 ngu\u1ed3n l\u1ef1c to\u00e0n c\u1ea7u v\u00e0 t\u1ea1o \u0111i\u1ec1u ki\u1ec7n \u0111\u1ec3 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 qu\u1ed1c t\u1ebf tham gia s\u00e2u h\u01a1n v\u00e0o th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh Trung Qu\u1ed1c.<\/p>\n

Qu\u1ed1c gia n\u00e0y c\u0169ng c\u00f3 k\u1ebf ho\u1ea1ch thi\u1ebft l\u1eadp kho l\u01b0u tr\u1eef v\u00e0ng \u1edf n\u01b0\u1edbc ngo\u00e0i \u0111\u1ec3 h\u1ed7 tr\u1ee3 thanh to\u00e1n qu\u1ed1c t\u1ebf v\u00e0 m\u1edf r\u1ed9ng kh\u1ea3 n\u0103ng ti\u1ebfp c\u1eadn cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 to\u00e0n c\u1ea7u. Ngo\u00e0i ra, Trung Qu\u1ed1c s\u1ebd th\u00fac \u0111\u1ea9y vi\u1ec7c s\u1eed d\u1ee5ng \u0111\u1ed3ng Nh\u00e2n d\u00e2n t\u1ec7 (NDT) trong th\u01b0\u01a1ng m\u1ea1i kim lo\u1ea1i qu\u00fd.<\/p>\n

\u0110\u1ed9ng th\u00e1i c\u1ee7a Trung Qu\u1ed1c v\u00e0 Campuchia di\u1ec5n ra trong b\u1ed1i c\u1ea3nh gi\u00e1 v\u00e0ng li\u00ean t\u1ee5c l\u1eadp k\u1ef7 l\u1ee5c m\u1edbi trong n\u0103m 2025, l\u00ean \u0111\u1ec9nh cao 4.381 USD\/ounce (g\u1ea7n 140 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng) h\u00f4m 21\/10 v\u00e0 \u0111ang \u0111i\u1ec1u ch\u1ec9nh v\u1ec1 ng\u01b0\u1ee1ng 3.980 USD\/ounce. Trong n\u01b0\u1edbc, gi\u00e1 v\u00e0ng mi\u1ebfng SJC b\u00e1n ra \u1edf m\u1ee9c 147,5 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng. Gi\u00e1 v\u00e0ng nh\u1eabn B\u1ea3o T\u00edn Minh Ch\u00e2u \u1edf m\u1ee9c 148 tri\u1ec7u \u0111\u1ed3ng (b\u00e1n ra), so v\u1edbi \u0111\u1ec9nh cao g\u1ea7n 160 tri\u1ec7u \u0111\u1ed3ng.<\/p>\n

Nhi\u1ec1u n\u0103m qua, ho\u1ea1t \u0111\u1ed9ng th\u01b0\u01a1ng m\u1ea1i v\u00e0ng c\u1ee7a Trung Qu\u1ed1c ch\u1ecbu \u1ea3nh h\u01b0\u1edfng l\u1edbn t\u1eeb gi\u00e1 qu\u1ed1c t\u1ebf. Gi\u00e1 v\u00e0ng t\u1ea1i Th\u01b0\u1ee3ng H\u1ea3i li\u00ean t\u1ee5c cao h\u01a1n t\u1ea1i London, m\u1ee9c ch\u00eanh l\u1ec7ch l\u00ean \u0111\u1ebfn h\u00e0ng ch\u1ee5c USD\/ounce.<\/p>\n

Trong khi \u0111\u00f3, Trung Qu\u1ed1c v\u00e0 M\u1ef9 v\u1eabn c\u0103ng th\u1eb3ng v\u1ec1 th\u01b0\u01a1ng m\u1ea1i do ch\u00ednh s\u00e1ch thu\u1ebf quan c\u1ee7a T\u1ed5ng th\u1ed1ng Donald Trump.<\/p>\n

Nhi\u1ec1u chuy\u00ean gia cho r\u1eb1ng SGE c\u00f3 th\u1ec3 th\u1ed1ng tr\u1ecb th\u1ecb tr\u01b0\u1eddng v\u00e0ng ch\u00e2u \u00c1, nh\u01b0ng s\u1ebd kh\u00f3 v\u01b0\u1ee3t qua LME v\u00e0 Comex trong m\u1ed9t s\u1edbm m\u1ed9t chi\u1ec1u do thi\u1ebfu m\u1ea1ng l\u01b0\u1edbi to\u00e0n c\u1ea7u v\u00e0 l\u00f2ng tin t\u1eeb gi\u1edbi \u0111\u1ea7u t\u01b0 qu\u1ed1c t\u1ebf. D\u00f9 v\u1eady, k\u1ebf ho\u1ea1ch \u0111\u1ea7y tham v\u1ecdng n\u00e0y c\u00f3 th\u1ec3 kh\u01a1i m\u00e0o m\u1ed9t cu\u1ed9c c\u1ea1nh tranh t\u00e0i ch\u00ednh m\u1edbi gi\u1eefa Trung Qu\u1ed1c v\u00e0 ph\u01b0\u01a1ng T\u00e2y.<\/p>\n

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Gi\u00e1 b\u1ea1c bi\u1ebfn \u0111\u1ed9ng ch\u00f3ng m\u1eb7t, nh\u00e0 \u0111\u1ea7u t\u01b0 lo ‘tr\u1eafng tay’ sau c\u01a1n s\u1ed1t<\/a>Gi\u00e1 b\u1ea1c t\u0103ng nhanh v\u01b0\u1ee3t tr\u1ed9i v\u00e0ng v\u00e0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n trong n\u0103m 2024 v\u00e0 9 th\u00e1ng \u0111\u1ea7u n\u0103m 2025, nh\u01b0ng \u0111\u00e2y l\u00e0 lo\u1ea1i t\u00e0i s\u1ea3n c\u00f3 bi\u00ean \u0111\u1ed9 bi\u1ebfn \u0111\u1ed9ng r\u1ea5t m\u1ea1nh trong qu\u00e1 kh\u1ee9. Kh\u00f4ng \u00edt ng\u01b0\u1eddi m\u00e9o m\u1eb7t v\u00ec k\u00eanh \u0111\u1ea7u t\u01b0 n\u00e0y trong v\u00e0i tu\u1ea7n qua.<\/span><\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

B\u00e1o c\u00e1o c\u1ee7a Bloomberg\u00a0cho hay Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Campuchia d\u1ef1 ki\u1ebfn \u200b\u200bs\u1ebd l\u00e0 m\u1ed9t trong nh\u1eefng qu\u1ed1c gia \u0111\u1ea7u […]<\/p>","protected":false},"author":5,"featured_media":53436,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[219],"tags":[],"class_list":["post-53433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-vang"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/53433","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=53433"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/53433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/53436"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=53433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=53433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=53433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}