{"id":63325,"date":"2026-03-13T09:58:58","date_gmt":"2026-03-13T02:58:58","guid":{"rendered":"https:\/\/hbbgroup.net\/gia-tri-thuc-len-ngoi-uu-tien-tai-san-thanh-khoan-cao\/"},"modified":"2026-03-13T09:58:58","modified_gmt":"2026-03-13T02:58:58","slug":"gia-tri-thuc-len-ngoi-uu-tien-tai-san-thanh-khoan-cao","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/gia-tri-thuc-len-ngoi-uu-tien-tai-san-thanh-khoan-cao\/","title":{"rendered":"\u2018Gi\u00e1 tr\u1ecb th\u1ef1c\u2019 l\u00ean ng\u00f4i, \u01b0u ti\u00ean t\u00e0i s\u1ea3n thanh kho\u1ea3n cao"},"content":{"rendered":"
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\"\u2018Gi\u00e1<\/p>\n

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Nh\u00e0 \u0111\u1ea7u t\u01b0 ng\u00e0y c\u00e0ng th\u1eadn tr\u1ecdng tr\u01b0\u1edbc bi\u1ebfn \u0111\u1ed9ng kinh t\u1ebf, \u01b0u ti\u00ean c\u00e1c k\u00eanh \u0111\u1ea7u t\u01b0 c\u00f3 gi\u00e1 tr\u1ecb th\u1ef1c v\u00e0 kh\u1ea3 n\u0103ng thanh kho\u1ea3n cao – \u1ea2nh: DNCC<\/p>\n<\/div>\n

K\u00eanh \u0111\u1ea7u t\u01b0 n\u00e0o l\u00ean ng\u00f4i?<\/b><\/h2>\n

Giai \u0111o\u1ea1n \u0111\u1ea7u n\u0103m 2026, b\u1ee9c tranh t\u00e0i ch\u00ednh c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t \u0111\u1ed1i m\u1eb7t v\u1edbi nh\u1eefng th\u00e1ch th\u1ee9c khi ch\u1ecbu t\u00e1c \u0111\u1ed9ng k\u00e9p t\u1eeb ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 th\u1eaft ch\u1eb7t trong n\u01b0\u1edbc l\u1eabn nh\u1eefng bi\u1ebfn \u0111\u1ed9ng \u0111\u1ecba ch\u00ednh tr\u1ecb ph\u1ee9c t\u1ea1p tr\u00ean th\u1ebf gi\u1edbi. <\/p>\n

Sau giai \u0111o\u1ea1n “ti\u1ec1n r\u1ebb” ch\u1ea1m \u0111\u00e1y k\u1ef7 l\u1ee5c, th\u1ecb tr\u01b0\u1eddng \u0111ang ch\u1ee9ng ki\u1ebfn nh\u1ecbp t\u00e1i t\u0103ng l\u00e3i su\u1ea5t t\u01b0\u01a1ng \u0111\u1ed1i cao, t\u1ea1o \u00e1p l\u1ef1c tr\u1ef1c ti\u1ebfp l\u00ean \u0111\u00f2n b\u1ea9y t\u00e0i ch\u00ednh c\u1ee7a c\u1ea3 doanh nghi\u1ec7p l\u1eabn c\u00e1 nh\u00e2n. <\/p>\n

Trong khi \u0111\u00f3, c\u00e1c k\u00eanh \u0111\u1ea7u t\u01b0 truy\u1ec1n th\u1ed1ng c\u0169ng t\u1ed3n t\u1ea1i nh\u1eefng “\u1ea9n s\u1ed1” khi ch\u1ecbu t\u00e1c \u0111\u1ed9ng l\u1edbn t\u1eeb nh\u1eefng di\u1ec5n bi\u1ebfn kinh t\u1ebf th\u1ebf gi\u1edbi.<\/p>\n

T\u1ea1i t\u1ecda \u0111\u00e0m “Tri\u1ec3n v\u1ecdng c\u00e1c k\u00eanh \u0111\u1ea7u t\u01b0 2026” do b\u00e1o Tu\u1ed5i Tr\u1ebb t\u1ed5 ch\u1ee9c m\u1edbi \u0111\u00e2y, \u00f4ng Nguy\u1ec5n Xu\u00e2n Th\u00e0nh (gi\u1ea3ng vi\u00ean Tr\u01b0\u1eddng Ch\u00ednh s\u00e1ch c\u00f4ng v\u00e0 Qu\u1ea3n l\u00fd Fulbright) nh\u1eadn \u0111\u1ecbnh v\u1edbi m\u1ee5c ti\u00eau t\u0103ng tr\u01b0\u1edfng GDP cao, ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 v\u1eabn n\u1eb1m trong tr\u1ea1ng th\u00e1i h\u1ed7 tr\u1ee3 t\u0103ng tr\u01b0\u1edfng, nh\u01b0ng kh\u00f3 c\u00f3 th\u1ec3 n\u1edbi l\u1ecfng m\u1ea1nh nh\u01b0 tr\u01b0\u1edbc. <\/p>\n

\u0110i s\u00e2u nh\u1eadn \u0111\u1ecbnh v\u1ec1 c\u00e1c k\u00eanh \u0111\u1ea7u t\u01b0 tri\u1ec3n v\u1ecdng, c\u00e1c chuy\u00ean gia kinh t\u1ebf cho r\u1eb1ng n\u0103m 2025 l\u00e0 “n\u0103m c\u1ee7a thanh l\u1ecdc”, v\u00ec v\u1eady b\u01b0\u1edbc sang n\u0103m 2026, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n \u01b0u ti\u00ean c\u00e1c t\u00e0i s\u1ea3n c\u00f3 t\u00ednh thanh kho\u1ea3n cao \u0111\u1ec3 ch\u1ee7 \u0111\u1ed9ng \u1ee9ng ph\u00f3 v\u1edbi nh\u1eefng b\u1ea5t \u1ed5n c\u1ee7a th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u. <\/p>\n

PGS.TS Nguy\u1ec5n Anh Phong (Tr\u01b0\u1edfng khoa T\u00e0i ch\u00ednh – Ng\u00e2n h\u00e0ng, \u0110\u1ea1i h\u1ecdc Kinh t\u1ebf – Lu\u1eadt) nh\u1eadn \u0111\u1ecbnh v\u00e0ng d\u00f9 l\u00e0 k\u00eanh \u0111\u1ea7u t\u01b0 h\u1ea5p d\u1eabn, nh\u01b0ng nh\u00e0 \u0111\u1ea7u t\u01b0 ph\u1ea3i ch\u1ea5p nh\u1eadn r\u1ee7i ro cao. <\/p>\n

Trong b\u1ed1i c\u1ea3nh hi\u1ec7n nay, kh\u00f3 c\u00f3 th\u1ec3 d\u1ef1 b\u00e1o l\u00e0 gi\u00e1 v\u00e0ng s\u1ebd l\u00ean hay xu\u1ed1ng v\u00e0 neo \u1edf m\u1ee9c n\u00e0o d\u00f9 qu\u1ed1c t\u1ebf d\u1ef1 b\u00e1o gi\u00e1 v\u00e0ng s\u1ebd l\u00ean 6.000 USD\/ounce.<\/p>\n

C\u00f2n ch\u1ee9ng kho\u00e1n v\u00e0 tr\u00e1i phi\u1ebfu c\u0169ng l\u00e0 “cu\u1ed9c ch\u01a1i” c\u1ee7a nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 s\u1ef1 am hi\u1ec3u s\u00e2u s\u1eafc v\u1ec1 th\u1ecb tr\u01b0\u1eddng. Trong khi \u0111\u00f3, b\u1ea5t \u0111\u1ed9ng s\u1ea3n v\u1eabn l\u00e0 k\u00eanh “gi\u1eef ti\u1ec1n” \u01b0a th\u00edch c\u1ee7a ng\u01b0\u1eddi Vi\u1ec7t, nh\u01b0ng kh\u1ea9u v\u1ecb \u0111\u00e3 thay \u0111\u1ed5i ho\u00e0n to\u00e0n so v\u1edbi giai \u0111o\u1ea1n tr\u01b0\u1edbc.<\/p>\n

Ph\u00e2n t\u00edch s\u00e2u h\u01a1n v\u1ec1 k\u00eanh \u0111\u1ecba \u1ed1c, \u00f4ng L\u00ea Ho\u00e0ng Ch\u00e2u (Ch\u1ee7 t\u1ecbch Hi\u1ec7p h\u1ed9i B\u1ea5t \u0111\u1ed9ng s\u1ea3n TP.HCM – HoREA) – nh\u1eadn \u0111\u1ecbnh trong th\u1eddi gian t\u1edbi, nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean c\u00e2n nh\u1eafc b\u1ecf v\u1ed1n v\u00e0o nh\u1eefng s\u1ea3n ph\u1ea9m \u1edf ph\u00e2n kh\u00fac \u0111\u00e1p \u1ee9ng nhu c\u1ea7u th\u1ef1c c\u1ee7a th\u1ecb tr\u01b0\u1eddng. <\/p>\n

\u00d4ng Ch\u00e2u nh\u1ea5n m\u1ea1nh thay v\u00ec ch\u1ea1y theo nh\u1eefng c\u01a1n s\u1ed1t \u0111\u1ea5t n\u1ec1n v\u00f9ng ven kh\u00f4ng c\u00f3 h\u1ea1 t\u1ea7ng, d\u00f2ng ti\u1ec1n th\u00f4ng minh n\u0103m 2026 s\u1ebd \u0111\u1ed5 d\u1ed3n v\u00e0o c\u00e1c khu \u0111\u00f4 th\u1ecb \u0111\u01b0\u1ee3c quy ho\u1ea1ch b\u00e0i b\u1ea3n, c\u00f3 ph\u00e1p l\u00fd “chu\u1ea9n ch\u1ec9nh” v\u00e0 kh\u1ea3 n\u0103ng v\u1eadn h\u00e0nh ngay.<\/p>\n

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\"T\u00e0i<\/p>\n

Sau giai \u0111o\u1ea1n thanh l\u1ecdc, d\u00f2ng ti\u1ec1n tr\u00ean th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111ang d\u1ecbch chuy\u1ec3n v\u1ec1 c\u00e1c d\u1ef1 \u00e1n c\u00f3 ph\u00e1p l\u00fd r\u00f5 r\u00e0ng, h\u1ea1 t\u1ea7ng \u0111\u1ed3ng b\u1ed9 v\u00e0 kh\u1ea3 n\u0103ng v\u1eadn h\u00e0nh th\u1ef1c – \u1ea2nh: DNCC<\/p>\n<\/div>\n

Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 “gi\u00e1 tr\u1ecb th\u1eadt”?<\/b><\/h2>\n

\u0110\u1ed1i v\u1edbi th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n, m\u1ed9t \u0111i\u1ec3m nh\u1ea5n n\u1ed5i b\u1eadt trong 2026 \u0111\u00f3 l\u00e0 th\u1ecb tr\u01b0\u1eddng \u0111ang ch\u1ee9ng ki\u1ebfn m\u1ed9t cu\u1ed9c \u0111\u1ea1i tu v\u1ec1 t\u01b0 duy \u0111\u1ea7u t\u01b0. <\/p>\n

Nh\u1eefng b\u00e0i h\u1ecdc \u0111\u1eaft gi\u00e1 t\u1eeb giai \u0111o\u1ea1n thanh l\u1ecdc 2023 – 2025 \u0111\u00e3 bu\u1ed9c d\u00f2ng ti\u1ec1n ph\u1ea3i t\u00ecm v\u1ec1 nh\u1eefng gi\u00e1 tr\u1ecb nguy\u00ean b\u1ea3n \u0111\u00f3 l\u00e0 “t\u00e0i s\u1ea3n th\u1eadt”. <\/p>\n

Thay v\u00ec mua d\u1ef1a tr\u00ean k\u1ef3 v\u1ecdng t\u0103ng gi\u00e1 \u1ea3o, nh\u00e0 \u0111\u1ea7u t\u01b0 hi\u1ec7n nay \u01b0u ti\u00ean c\u00e1c s\u1ea3n ph\u1ea9m \u0111\u00e3 ho\u00e0n thi\u1ec7n, ph\u00e1p l\u00fd r\u00f5 r\u00e0ng v\u00e0 c\u00f3 c\u1ed9ng \u0111\u1ed3ng c\u01b0 d\u00e2n hi\u1ec7n h\u1eefu. <\/p>\n

\u00d4ng L\u00ea Ho\u00e0ng Ch\u00e2u nh\u1eadn \u0111\u1ecbnh nh\u1eefng khu \u0111\u00f4 th\u1ecb \u0111\u00e3 b\u00e0n giao, c\u00f3 h\u1ec7 th\u1ed1ng ti\u1ec7n \u00edch hi\u1ec7n h\u1eefu, h\u1ea1 t\u1ea7ng \u0111\u1ed3ng b\u1ed9, c\u00f3 ti\u1ec1m n\u0103ng ph\u00e1t tri\u1ec3n v\u00e0 thu h\u00fat \u0111\u01b0\u1ee3c c\u01b0 d\u00e2n v\u1ec1 sinh s\u1ed1ng ch\u00ednh l\u00e0 b\u1ea3o ch\u1ee9ng cho t\u00ednh thanh kho\u1ea3n \u0111\u1ed1i v\u1edbi s\u1ea3n ph\u1ea9m \u0111\u1ea7u t\u01b0.<\/p>\n

Trong b\u1ed1i c\u1ea3nh \u0111\u00f3, d\u1ef1 \u00e1n Izumi City (\u0110\u1ed3ng Nai) n\u1ed5i l\u00ean nh\u01b0 m\u1ed9t h\u00ecnh m\u1eabu \u0111i\u1ec3n h\u00ecnh cho chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb th\u1eadt. V\u1edbi v\u1ecb tr\u00ed chi\u1ebfn l\u01b0\u1ee3c trong qu\u1ea7n th\u1ec3 \u0111\u00f4 th\u1ecb ven s\u00f4ng \u0110\u1ed3ng Nai, d\u1ef1 \u00e1n kh\u00f4ng ch\u1ec9 s\u1edf h\u1eefu l\u1ee3i th\u1ebf v\u1ec1 h\u1ea1 t\u1ea7ng m\u00e0 c\u00f2n kh\u1eb3ng \u0111\u1ecbnh uy t\u00edn qua t\u00ednh ph\u00e1p l\u00fd minh b\u1ea1ch.<\/p>\n

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\"T\u00e0i<\/p>\n

Izumi City (\u0110\u1ed3ng Nai) l\u00e0 m\u1ed9t trong nh\u1eefng khu \u0111\u00f4 th\u1ecb ven s\u00f4ng \u0111\u01b0\u1ee3c quy ho\u1ea1ch b\u00e0i b\u1ea3n, thu h\u00fat nh\u00e0 \u0111\u1ea7u t\u01b0 theo chi\u1ebfn l\u01b0\u1ee3c “gi\u00e1 tr\u1ecb th\u1eadt” trong giai \u0111o\u1ea1n m\u1edbi c\u1ee7a th\u1ecb tr\u01b0\u1eddng – \u1ea2nh: DNCC<\/p>\n<\/div>\n

Gi\u00e1 tr\u1ecb th\u1ef1c c\u1ee7a Izumi City \u0111\u01b0\u1ee3c b\u1ea3o to\u00e0n th\u00f4ng qua b\u1ed1n tr\u1ee5 c\u1ed9t \u0111\u00f3 l\u00e0: Ph\u00e1p l\u00fd v\u1eefng ch\u1eafc – H\u1ea1 t\u1ea7ng \u0111\u1ed3ng b\u1ed9 – Thanh kho\u1ea3n cao – C\u1ed9ng \u0111\u1ed3ng c\u01b0 d\u00e2n v\u0103n minh. <\/p>\n

\u0110\u00e2y ch\u00ednh l\u00e0 l\u1ee3i th\u1ebf gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00f3n \u0111\u1ea7u s\u00f3ng t\u0103ng tr\u01b0\u1edfng ti\u1ebfp theo c\u1ee7a th\u1ecb tr\u01b0\u1eddng khi c\u00e1c d\u1ef1 \u00e1n h\u1ea1 t\u1ea7ng giao th\u00f4ng k\u1ebft n\u1ed1i li\u00ean v\u00f9ng ho\u00e0n thi\u1ec7n.<\/p>\n

Trong khi v\u00e0ng c\u00f3 th\u1ec3 tr\u1ed3i s\u1ee5t, ch\u1ee9ng kho\u00e1n rung l\u1eafc th\u00ec m\u1ed9t kh\u00f4ng gian s\u1ed1ng b\u00ean s\u00f4ng v\u1edbi quy ho\u1ea1ch b\u00e0i b\u1ea3n theo ti\u00eau chu\u1ea9n qu\u1ed1c t\u1ebf v\u1eabn lu\u00f4n gi\u1eef v\u1eefng v\u1ecb th\u1ebf. <\/p>\n

Nh\u00e0 \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n t\u1ea1i \u0111\u00e2y c\u00f3 l\u1ee3i th\u1ebf l\u1edbn khi \u0111\u00f3n s\u00f3ng t\u0103ng tr\u01b0\u1edfng ti\u1ebfp theo nh\u1edd kh\u1ea3 n\u0103ng b\u1ea3o to\u00e0n gi\u00e1 tr\u1ecb khi \u0111\u1ea7u t\u01b0 v\u00e0o m\u1ed9t t\u00e0i s\u1ea3n chi\u1ebfn l\u01b0\u1ee3c \u0111\u01b0\u1ee3c b\u1ea3o ch\u1ee9ng b\u1edfi h\u1ec7 gi\u00e1 tr\u1ecb b\u1ec1n v\u1eefng.<\/p>\n

<\/pattern> <\/defs> <\/svg> \u0110\u1ecdc ti\u1ebfp <\/a> <\/pattern> <\/defs> <\/svg> V\u1ec1 trang Ch\u1ee7 \u0111\u1ec1 <\/a> <\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Nh\u00e0 \u0111\u1ea7u t\u01b0 ng\u00e0y c\u00e0ng th\u1eadn tr\u1ecdng tr\u01b0\u1edbc bi\u1ebfn \u0111\u1ed9ng kinh t\u1ebf, \u01b0u ti\u00ean c\u00e1c k\u00eanh \u0111\u1ea7u t\u01b0 c\u00f3 gi\u00e1 […]<\/p>","protected":false},"author":5,"featured_media":63326,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[221],"tags":[],"class_list":["post-63325","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\/63325","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=63325"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/63325\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/63326"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=63325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=63325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=63325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}