{"id":69913,"date":"2026-04-09T09:27:01","date_gmt":"2026-04-09T02:27:01","guid":{"rendered":"https:\/\/hbbgroup.net\/lich-truc-tiep-giai-bong-chuyen-vo-dich-quoc-gia-ngay-9-4\/"},"modified":"2026-04-09T09:46:40","modified_gmt":"2026-04-09T02:46:40","slug":"chung-khoan-viet-nam-hau-nang-hang-dong-von-ty-usd-se-chay-ve-dau","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/chung-khoan-viet-nam-hau-nang-hang-dong-von-ty-usd-se-chay-ve-dau\/","title":{"rendered":"Ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam h\u1eadu n\u00e2ng h\u1ea1ng: D\u00f2ng v\u1ed1n t\u1ef7 USD s\u1ebd ch\u1ea3y v\u1ec1 \u0111\u00e2u?"},"content":{"rendered":"

T\u00e2m l\u00fd h\u01b0ng ph\u1ea5n \u0111ang bao tr\u00f9m to\u00e0n th\u1ecb tr\u01b0\u1eddng sau “c\u00fa h\u00edch k\u00e9p” t\u1eeb vi\u1ec7c FTSE Russell ch\u1ed1t l\u1ecbch n\u00e2ng h\u1ea1ng v\u00e0 th\u1ecfa thu\u1eadn ng\u1eebng b\u1eafn t\u1ea1i Trung \u0110\u00f4ng. Gi\u1eefa b\u1ed1i c\u1ea3nh\u00a0VN-Index<\/a>\u00a0b\u1eadt t\u0103ng m\u1ea1nh \u0111ang thu h\u00fat d\u00f2ng ti\u1ec1n, c\u01a1 h\u1ed9i n\u00e0o cho nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 v\u1eabn \u0111ang gi\u1eef ti\u1ec1n m\u1eb7t?\u00a0<\/p>\n

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Sau th\u00f4ng tin s\u00e1ng 08\/04, FTSE Russell ch\u00ednh th\u1ee9c x\u00e1c nh\u1eadn l\u1ed9 tr\u00ecnh n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam l\u00ean nh\u00f3m Th\u1ecb tr\u01b0\u1eddng M\u1edbi n\u1ed5i Th\u1ee9 c\u1ea5p (Secondary Emerging Market) v\u00e0o th\u00e1ng 9\/2026. Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n ng\u00e0y 08\/04 \u0111\u00e3 ph\u1ea3n \u1ee9ng t\u00edch c\u1ef1c khi VN-Index k\u1ebft phi\u00ean t\u0103ng 79.01 \u0111i\u1ec3m, l\u00ean 1,756.55 \u0111i\u1ec3m (t\u0103ng 4.71%).<\/p>\n\n\n\n

R\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb h\u1ea1 nhi\u1ec7t v\u00e0 t\u00e1c \u0111\u1ed9ng t\u1eeb s\u1ef1 ki\u1ec7n FTSE n\u00e2ng h\u1ea1ng<\/p>\n\n\n\n

\u0110\u00e1nh gi\u00e1 v\u1ec1 b\u1ee9c tranh th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i, \u00f4ng B\u00f9i V\u0103n Huy – Gi\u00e1m \u0111\u1ed1c Kh\u1ed1i Nghi\u00ean c\u1ee9u \u0111\u1ea7u t\u01b0 FIDT<\/strong>, cho r\u1eb1ng t\u00e2m l\u00fd nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111ang \u0111\u01b0\u1ee3c xoay chuy\u1ec3n b\u1edfi hai “t\u1eeb kh\u00f3a”: Di\u1ec5n bi\u1ebfn h\u00f2a b\u00ecnh t\u1ea1i Trung \u0110\u00f4ng v\u00e0 b\u01b0\u1edbc ngo\u1eb7t n\u00e2ng h\u1ea1ng c\u1ee7a ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam.<\/p>\n\n\n\n

\u1ede g\u00f3c nh\u00ecn v\u0129 m\u00f4, vi\u1ec7c T\u1ed5ng th\u1ed1ng M\u1ef9 Donald Trump t\u1ea1m ng\u01b0ng c\u00e1c chi\u1ebfn d\u1ecbch qu\u00e2n s\u1ef1 trong 2 tu\u1ea7n \u0111\u1ec3 m\u1edf \u0111\u01b0\u1eddng \u0111\u00e0m ph\u00e1n v\u1edbi Iran \u0111ang \u0111\u00f3ng vai tr\u00f2 nh\u01b0 “li\u1ec1u thu\u1ed1c an th\u1ea7n” ng\u1eafn h\u1ea1n cho gi\u1edbi t\u00e0i ch\u00ednh. N\u00fat th\u1eaft r\u1ee7i ro \u0111\u01b0\u1ee3c n\u1edbi l\u1ecfng \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c n\u1ed7i lo gi\u00e1n \u0111o\u1ea1n chu\u1ed7i cung \u1ee9ng n\u0103ng l\u01b0\u1ee3ng qua eo bi\u1ec3n Hormuz v\u01a1i \u0111i \u0111\u00e1ng k\u1ec3, t\u1ea1o s\u1ee9c \u00e9p c\u1ea3n \u0111\u00e0 t\u0103ng c\u1ee7a gi\u00e1 d\u1ea7u.<\/p>\n\n\n\n

Theo \u00f4ng Huy, gi\u00e1 d\u1ea7u ch\u00ednh l\u00e0 “kim ch\u1ec9 nam” d\u1eabn d\u1eaft l\u1ea1m ph\u00e1t v\u00e0 quy\u1ebft s\u00e1ch ti\u1ec1n t\u1ec7 to\u00e0n c\u1ea7u l\u00fac n\u00e0y. “Ch\u1ec9 khi gi\u00e1 v\u00e0ng \u0111en th\u1ef1c s\u1ef1 l\u00f9i v\u1ec1 quanh m\u1ed1c 85 USD\/th\u00f9ng, c\u00e1c \u00f4ng l\u1edbn nh\u01b0 Fed m\u1edbi c\u00f3 \u0111\u1ee7 c\u01a1 s\u1edf \u0111\u1ec3 xoay tr\u1ee5c sang n\u1edbi l\u1ecfng ch\u00ednh s\u00e1ch”<\/em>, v\u1ecb chuy\u00ean gia nh\u1eadn \u0111\u1ecbnh. Ch\u1eebng n\u00e0o d\u1ea7u c\u00f2n \u0111\u1eaft \u0111\u1ecf, b\u00f3ng ma “l\u1ea1m ph\u00e1t chi ph\u00ed \u0111\u1ea9y” s\u1ebd bu\u1ed9c nh\u00e0 \u0111i\u1ec1u h\u00e0nh ph\u1ea3i duy tr\u00ec m\u1eb7t b\u1eb1ng l\u00e3i su\u1ea5t cao l\u00e2u h\u01a1n d\u1ef1 ki\u1ebfn. Ng\u01b0\u1ee3c l\u1ea1i, nh\u1ecbp gi\u1ea3m s\u00e2u c\u1ee7a gi\u00e1 d\u1ea7u s\u1ebd l\u00e0 ch\u1ea5t x\u00fac t\u00e1c \u0111\u1ec3 k\u00edch ho\u1ea1t l\u1ea1i k\u1ef3 v\u1ecdng h\u1ea1 l\u00e3i su\u1ea5t.<\/p>\n\n\n\n

Tr\u1edf l\u1ea1i c\u00e2u chuy\u1ec7n trong n\u01b0\u1edbc, vi\u1ec7c FTSE Russell ch\u00ednh th\u1ee9c g\u1ecdi t\u00ean Vi\u1ec7t Nam v\u00e0o nh\u00f3m th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i th\u1ee9 c\u1ea5p (hi\u1ec7u l\u1ef1c t\u1eeb th\u00e1ng 9\/2026) \u0111\u01b0\u1ee3c \u00f4ng Huy nh\u00ecn nh\u1eadn l\u00e0 “tr\u00e1i ng\u1ecdt” mang t\u00ednh d\u00e0i h\u1ea1n. L\u00fd do l\u00e0 b\u1edfi \u00e1p l\u1ef1c b\u00e1n r\u00f2ng t\u1eeb kh\u1ed1i ngo\u1ea1i trong ng\u1eafn h\u1ea1n v\u1eabn ch\u01b0a ch\u1ea5m d\u1ee9t.<\/p>\n\n\n\n

Nh\u00ecn v\u1ec1 d\u00e0i h\u1ea1n, vi\u1ec7c th\u0103ng h\u1ea1ng s\u1ebd bi\u1ebfn th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam th\u00e0nh th\u1ecfi nam ch\u00e2m thu h\u00fat d\u00f2ng v\u1ed1n ngo\u1ea1i quy m\u00f4 l\u1edbn – \u0111\u1eb7c bi\u1ec7t l\u00e0 t\u1eeb c\u00e1c qu\u1ef9 ETF v\u00e0 qu\u1ef9 ch\u1ec9 s\u1ed1 – v\u1edbi ti\u1ebfn \u0111\u1ed9 gi\u1ea3i ng\u00e2n \u0111\u01b0\u1ee3c r\u1ea3i \u0111\u1ec1u qua t\u1eebng giai \u0111o\u1ea1n \u0111\u1ec3 ph\u00f9 h\u1ee3p v\u1edbi s\u1ee9c h\u1ea5p th\u1ee5 c\u1ee7a th\u1ecb tr\u01b0\u1eddng n\u1ed9i kh\u1ed1i.<\/p>\n\n\n\n

Th\u1ecb tr\u01b0\u1eddng \u0111\u00f3n “c\u00fa h\u00edch k\u00e9p”<\/p>\n\n\n\n

Trong bu\u1ed5i livestream s\u00e1ng ng\u00e0y 08\/04, \u00f4ng Nguy\u1ec5n Tr\u1ecdng \u0110\u00ecnh T\u00e2m – Gi\u00e1m \u0111\u1ed1c Kh\u1ed1i T\u01b0 v\u1ea5n \u0111\u1ea7u t\u01b0 kh\u00e1ch h\u00e0ng c\u00e1 nh\u00e2n (Ch\u1ee9ng kho\u00e1n Thi\u00ean Vi\u1ec7t) <\/strong>\u0111\u00e3 ph\u00e1c h\u1ecda b\u1ee9c tranh th\u1ecb tr\u01b0\u1eddng h\u01b0ng ph\u1ea5n, \u0111\u01b0\u1ee3c d\u1eabn d\u1eaft b\u1edfi 2 \u0111\u1ed9ng l\u1ef1c v\u0129 m\u00f4.<\/p>\n\n\n\n

\u0110\u1ed9ng l\u1ef1c \u0111\u1ea7u ti\u00ean l\u00e0 vi\u1ec7c FTSE Russell gi\u1eef nguy\u00ean l\u1ed9 tr\u00ecnh n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam t\u1eeb c\u1eadn bi\u00ean l\u00ean m\u1edbi n\u1ed5i th\u1ee9 c\u1ea5p trong k\u1ef3 r\u00e0 so\u00e1t th\u00e1ng 3\/2026. H\u01b0\u1edfng l\u1ee3i tr\u1ef1c ti\u1ebfp t\u1eeb “l\u00e0n gi\u00f3 m\u1edbi” n\u00e0y l\u00e0 r\u1ed5 VN30<\/a> v\u00e0 nh\u00f3m ch\u1ee9ng kho\u00e1n – nh\u1eefng th\u1ecfi nam ch\u00e2m h\u00fat v\u1ed1n ngo\u1ea1i trong t\u01b0\u01a1ng lai. S\u1ef1 nh\u1ea1y b\u00e9n c\u1ee7a d\u00f2ng ti\u1ec1n \u0111\u00e3 \u0111\u01b0\u1ee3c minh ch\u1ee9ng khi nh\u00f3m ch\u1ee9ng kho\u00e1n b\u1ee9t ph\u00e1 3-7% ngay trong phi\u00ean tr\u01b0\u1edbc \u0111\u00f3 (07\/04).<\/p>\n\n\n\n

Song song \u0111\u00f3, s\u1ee9c n\u00f3ng t\u1eeb “ch\u1ea3o l\u1eeda” Trung \u0110\u00f4ng c\u0169ng \u0111ang h\u1ea1 nhi\u1ec7t. Th\u1ecfa thu\u1eadn ng\u1eebng b\u1eafn 2 tu\u1ea7n gi\u1eefa M\u1ef9 v\u00e0 Iran c\u00f9ng nh\u1ecbp r\u01a1i 15% c\u1ee7a gi\u00e1 d\u1ea7u Brent (l\u00f9i v\u1ec1 quanh m\u1ed1c 90 USD\/th\u00f9ng) \u0111ang c\u1ee7ng c\u1ed1 th\u00eam t\u00e2m l\u00fd b\u1eaft \u0111\u00e1y c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0. Theo d\u1eef li\u1ec7u l\u1ecbch s\u1eed m\u00e0 \u00f4ng T\u00e2m ch\u1ec9 ra, VN-Index th\u01b0\u1eddng c\u00f3 xu h\u01b0\u1edbng t\u1ea1o \u0111\u00e1y th\u00e0nh c\u00f4ng m\u1ed7i khi xung \u0111\u1ed9t t\u1ea1i khu v\u1ef1c n\u00e0y l\u1eafng d\u1ecbu.<\/p>\n\n\n\n

Tuy nhi\u00ean, v\u1ecb chuy\u00ean gia c\u0169ng \u0111\u01b0a ra m\u1ed9t g\u00f3c nh\u00ecn th\u1eadn tr\u1ecdng: Th\u1ecb tr\u01b0\u1eddng \u0111ang b\u1ecb chi ph\u1ed1i b\u1edfi tin t\u1ee9c, khi\u1ebfn c\u00e1c ch\u1ec9 b\u00e1o ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt truy\u1ec1n th\u1ed1ng ph\u1ea7n n\u00e0o m\u1ea5t \u0111i \u0111\u1ed9 tr\u1ec5 v\u00e0 s\u1ef1 chu\u1ea9n x\u00e1c. Khi nhi\u1ec1u c\u1ed5 phi\u1ebfu \u0111\u00e3 k\u1ecbp t\u0103ng 4-5% ho\u1eb7c ch\u1ea1m tr\u1ea7n, vi\u1ec7c mua \u0111u\u1ed5i (FOMO) l\u00fac n\u00e0y ti\u1ec1m \u1ea9n r\u1ee7i ro l\u1edbn. D\u00f9 v\u1eady, vi\u1ec7c gi\u1eef 100% ti\u1ec1n m\u1eb7t c\u0169ng kh\u00f4ng ph\u1ea3i l\u00e0 t\u1ed1i \u01b0u khi th\u1ecb tr\u01b0\u1eddng \u0111ang c\u00f3 nh\u1eefng nh\u1ecbp k\u00e9o m\u1ea1nh m\u1ebd.<\/p>\n\n\n\n

V\u1ec1 chi\u1ebfn l\u01b0\u1ee3c, \u00f4ng T\u00e2m \u0111\u1ec1 xu\u1ea5t m\u1ed1c t\u1ef7 tr\u1ecdng c\u1ed5 phi\u1ebfu l\u00fd t\u01b0\u1edfng \u1edf m\u1ee9c 60%, t\u1eadp trung v\u00e0o c\u00e1c m\u00e3 \u0111ang gi\u1eef n\u1ec1n gi\u00e1 v\u1eefng ho\u1eb7c c\u00f3 s\u1eb5n xu h\u01b0\u1edbng t\u0103ng ng\u1eafn h\u1ea1n. L\u1eddi khuy\u00ean \u0111\u01b0\u1ee3c \u0111\u01b0a ra cho nh\u00e0 \u0111\u1ea7u t\u01b0 l\u00e0 tuy\u1ec7t \u0111\u1ed1i kh\u00f4ng n\u00ean “tham b\u00e1t b\u1ecf m\u00e2m”. N\u00e2ng h\u1ea1ng l\u00e0 c\u00e2u chuy\u1ec7n d\u00e0i h\u1ea1n, l\u00e0 s\u1ef1 l\u1ed9t x\u00e1c v\u1ec1 ch\u1ea5t trong m\u1eaft c\u00e1c t\u1ed5 ch\u1ee9c qu\u1ed1c t\u1ebf. Vi\u1ec7c b\u1ecf qua nh\u1eefng l\u1ee3i \u00edch d\u00e0i h\u1ea1n \u0111\u1ec3 ch\u1ea1y theo c\u00e1c bi\u1ebfn \u0111\u1ed9ng t\u1ee9c th\u1eddi c\u00f3 th\u1ec3 khi\u1ebfn nh\u00e0 \u0111\u1ea7u t\u01b0 b\u1ecf l\u1ee1 nh\u1eefng c\u01a1 h\u1ed9i l\u1edbn h\u01a1n khi th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh th\u1ef1c s\u1ef1 b\u1ee9t ph\u00e1 v\u00e0 h\u1ed9i nh\u1eadp s\u00e2u r\u1ed9ng v\u1edbi c\u00e1c quy chu\u1ea9n to\u00e0n c\u1ea7u.<\/p>\n\n\n\n

Cu\u1ed1i c\u00f9ng, d\u00f2ng ti\u1ec1n hi\u1ec7n \u0111ang ch\u1ecdn nh\u00f3m ch\u1ee9ng kho\u00e1n l\u00e0m \u0111i\u1ec3m \u0111\u1ebfn. Nh\u01b0ng \u0111\u1ec3 kh\u1eb3ng \u0111\u1ecbnh \u0111\u00e2y l\u00e0 m\u1ed9t chu k\u1ef3 s\u00f3ng m\u1edbi, th\u1ecb tr\u01b0\u1eddng c\u1ea7n th\u00eam th\u1eddi gian \u0111\u1ec3 VN-Index x\u00e1c nh\u1eadn \u0111\u00e1y v\u1eefng ch\u1eafc, \u0111i k\u00e8m v\u1edbi s\u1ef1 b\u00f9ng n\u1ed5 v\u1ec1 thanh kho\u1ea3n v\u00e0 \u0111\u1ed9 lan t\u1ecfa r\u1ed9ng kh\u1eafp c\u00e1c nh\u00f3m ng\u00e0nh.<\/p>","protected":false},"excerpt":{"rendered":"

T\u00e2m l\u00fd h\u01b0ng ph\u1ea5n \u0111ang bao tr\u00f9m to\u00e0n th\u1ecb tr\u01b0\u1eddng sau “c\u00fa h\u00edch k\u00e9p” t\u1eeb vi\u1ec7c FTSE Russell ch\u1ed1t l\u1ecbch […]<\/p>","protected":false},"author":5,"featured_media":70087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[221],"tags":[],"class_list":["post-69913","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\/69913","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=69913"}],"version-history":[{"count":1,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/69913\/revisions"}],"predecessor-version":[{"id":70088,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/69913\/revisions\/70088"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/70087"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=69913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=69913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=69913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}