MBS<\/a>, doanh thu c\u00e1c doanh nghi\u1ec7p d\u1ea7u kh\u00ed c\u00f3 th\u1ec3 t\u0103ng tr\u01b0\u1edfng t\u00edch c\u1ef1c nh\u1edd gi\u00e1 b\u00e1n x\u0103ng d\u1ea7u duy tr\u00ec \u1edf m\u1ee9c cao trong b\u1ed1i c\u1ea3nh ngu\u1ed3n cung ch\u01b0a b\u1ecb thu h\u1eb9p \u0111\u00e1ng k\u1ec3.<\/p>\n\n\n\n\u0110\u00e1ng ch\u00fa \u00fd, MBS cho r\u1eb1ng crack spread \u0111\u01b0\u1ee3c d\u1ef1 b\u00e1o ph\u1ee5c h\u1ed3i m\u1ea1nh trong qu\u00fd I\/2026, qua \u0111\u00f3 h\u1ed7 tr\u1ee3 bi\u00ean l\u1ee3i nhu\u1eadn cho c\u00e1c doanh nghi\u1ec7p l\u1ecdc h\u00f3a d\u1ea7u nh\u01b0 BSR. MBS c\u0169ng cho r\u1eb1ng l\u1ee3i nhu\u1eadn r\u00f2ng n\u0103m 2026 c\u00f3 th\u1ec3 t\u0103ng m\u1ea1nh so v\u1edbi n\u1ec1n th\u1ea5p c\u1ee7a n\u0103m tr\u01b0\u1edbc, ch\u1ee7 y\u1ebfu nh\u1edd crack spread c\u1ea3i thi\u1ec7n.<\/p>\n\n\n\n
Trong ng\u1eafn h\u1ea1n, gi\u00e1 d\u1ea7u \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng duy tr\u00ec \u1edf m\u1ee9c cao v\u00e0 bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh theo di\u1ec5n bi\u1ebfn \u0111\u1ecba ch\u00ednh tr\u1ecb. \u0110i\u1ec1u n\u00e0y t\u1ea1o \u0111i\u1ec1u ki\u1ec7n thu\u1eadn l\u1ee3i cho c\u00e1c doanh nghi\u1ec7p d\u1ea7u kh\u00ed trong vi\u1ec7c c\u1ea3i thi\u1ec7n doanh thu v\u00e0 backlog d\u1ef1 \u00e1n.<\/p>\n\n\n\n
MBS cho bi\u1ebft th\u00eam nh\u00f3m th\u01b0\u1ee3ng ngu\u1ed3n v\u1eabn s\u1ebd h\u01b0\u1edfng l\u1ee3i r\u00f5 r\u1ec7t nh\u1ea5t khi gi\u00e1 d\u1ea7u duy tr\u00ec tr\u00ean ng\u01b0\u1ee1ng h\u00f2a v\u1ed1n, th\u00fac \u0111\u1ea9y ho\u1ea1t \u0111\u1ed9ng th\u0103m d\u00f2 v\u00e0 khai th\u00e1c (E&P), k\u00e9o theo nhu c\u1ea7u d\u1ecbch v\u1ee5 d\u1ea7u kh\u00ed gia t\u0103ng. \u0110\u00e2y c\u0169ng l\u00e0 nh\u00f3m c\u00f3 \u0111\u1ed9 nh\u1ea1y cao nh\u1ea5t v\u1edbi bi\u1ebfn \u0111\u1ed9ng gi\u00e1 d\u1ea7u.<\/p>\n\n\n\n
Trung ngu\u1ed3n \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u1ee3i \u1ed5n \u0111\u1ecbnh h\u01a1n nh\u1edd c\u00e1c h\u1ee3p \u0111\u1ed3ng trung \u2013 d\u00e0i h\u1ea1n, v\u1edbi doanh thu v\u00e0 d\u00f2ng ti\u1ec1n \u00edt bi\u1ebfn \u0111\u1ed9ng h\u01a1n nh\u01b0ng d\u01b0 \u0111\u1ecba t\u0103ng tr\u01b0\u1edfng b\u1ecb gi\u1edbi h\u1ea1n.<\/p>\n\n\n\n
Cu\u1ed1i c\u00f9ng, h\u1ea1 ngu\u1ed3n h\u01b0\u1edfng l\u1ee3i t\u1eeb crack spread v\u00e0 gi\u00e1 b\u00e1n l\u1ebb t\u0103ng, nh\u01b0ng \u0111\u1ed3ng th\u1eddi ch\u1ecbu \u00e1p l\u1ef1c t\u1eeb chi ph\u00ed \u0111\u1ea7u v\u00e0o v\u00e0 r\u1ee7i ro ngu\u1ed3n cung n\u1ebfu gi\u00e1 d\u1ea7u neo cao trong th\u1eddi gian d\u00e0i.<\/p>\n\n\n\n
Trong khi \u0111\u00f3, t\u1eeb g\u00f3c \u0111\u1ed9 th\u1eadn tr\u1ecdng, \u00f4ng B\u00f9i V\u0103n Huy – Gi\u00e1m \u0110\u1ed1c Kh\u1ed1i Nghi\u00ean c\u1ee9u \u0110\u1ea7u t\u01b0 CTCP FIDT cho r\u1eb1ng nh\u00f3m d\u1ea7u kh\u00ed c\u00f3 \u0111\u1eb7c th\u00f9 ph\u1ee5 thu\u1ed9c l\u1edbn v\u00e0o gi\u00e1 d\u1ea7u, nh\u01b0ng k\u1ebft qu\u1ea3 kinh doanh th\u01b0\u1eddng c\u00f3 \u0111\u1ed9 tr\u1ec5 v\u00e0 c\u1ea7n v\u00e0i qu\u00fd \u0111\u1ec3 ph\u1ea3n \u00e1nh \u0111\u1ea7y \u0111\u1ee7.<\/p>\n\n\n\n
Ngo\u00e0i ra, nhi\u1ec1u doanh nghi\u1ec7p trong ng\u00e0nh c\u00f3 y\u1ebfu t\u1ed1 nh\u00e0 n\u01b0\u1edbc chi ph\u1ed1i, khi\u1ebfn hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng ch\u01b0a cao trong khi c\u0169ng c\u1ea7n h\u1ed7 tr\u1ee3 n\u1ec1n kinh t\u1ebf. \u0110i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn kh\u1ea3 n\u0103ng chuy\u1ec3n h\u00f3a l\u1ee3i th\u1ebf t\u1eeb gi\u00e1 d\u1ea7u th\u00e0nh l\u1ee3i nhu\u1eadn th\u1ef1c t\u1ebf.<\/p>\n\n\n\n
M\u1ed9t y\u1ebfu t\u1ed1 quan tr\u1ecdng kh\u00e1c l\u00e0 \u00e1p l\u1ef1c v\u0129 m\u00f4. Theo \u00f4ng Huy, gi\u00e1 d\u1ea7u c\u1ea7n h\u1ea1 xu\u1ed1ng v\u00f9ng kho\u1ea3ng 85 USD\/th\u00f9ng \u0111\u1ec3 gi\u1ea3m \u00e1p l\u1ef1c l\u00ean l\u1ea1m ph\u00e1t v\u00e0 t\u1ef7 gi\u00e1. N\u1ebfu gi\u00e1 d\u1ea7u ti\u1ebfp t\u1ee5c neo cao, r\u1ee7i ro \u0111\u1ed1i v\u1edbi n\u1ec1n kinh t\u1ebf c\u00f3 th\u1ec3 gia t\u0103ng, qua \u0111\u00f3 \u1ea3nh h\u01b0\u1edfng ng\u01b0\u1ee3c l\u1ea1i \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh n\u00f3i chung v\u00e0 nh\u00f3m c\u1ed5 phi\u1ebfu d\u1ea7u kh\u00ed n\u00f3i ri\u00eang.<\/p>","protected":false},"excerpt":{"rendered":"
Sau nh\u1ecbp t\u0103ng n\u00f3ng \u0111\u1ea7u n\u0103m 2026, nh\u00f3m c\u1ed5 phi\u1ebfu d\u1ea7u kh\u00ed \u0111ang b\u01b0\u1edbc v\u00e0o giai \u0111o\u1ea1n gi\u1ea3m s\u00e2u khi […]<\/p>","protected":false},"author":5,"featured_media":70944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[221],"tags":[],"class_list":["post-70833","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\/70833","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=70833"}],"version-history":[{"count":1,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/70833\/revisions"}],"predecessor-version":[{"id":70939,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/70833\/revisions\/70939"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/70944"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=70833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=70833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=70833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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