{"id":72679,"date":"2026-04-17T08:59:03","date_gmt":"2026-04-17T01:59:03","guid":{"rendered":"https:\/\/hbbgroup.net\/tong-giam-doc-dsc-nhung-nhip-dieu-chinh-cua-vn-index-neu-xay-ra-co-the-se-rat-sau-va-dau\/"},"modified":"2026-04-17T08:59:03","modified_gmt":"2026-04-17T01:59:03","slug":"tong-giam-doc-dsc-nhung-nhip-dieu-chinh-cua-vn-index-neu-xay-ra-co-the-se-rat-sau-va-dau","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/tong-giam-doc-dsc-nhung-nhip-dieu-chinh-cua-vn-index-neu-xay-ra-co-the-se-rat-sau-va-dau\/","title":{"rendered":"T\u1ed5ng Gi\u00e1m \u0111\u1ed1c DSC: Nh\u1eefng nh\u1ecbp \u0111i\u1ec1u ch\u1ec9nh c\u1ee7a VN-Index n\u1ebfu x\u1ea3y ra c\u00f3 th\u1ec3 s\u1ebd r\u1ea5t &#8220;s\u00e2u v\u00e0 \u0111au&#8221;"},"content":{"rendered":"<div data-role=\"content\" id=\"mainContent\"><figcaption> <\/figcaption><p>  T\u1ea1i \u0110H\u0110C\u0110 th\u01b0\u1eddng ni\u00ean 2026 di\u1ec5n ra s\u00e1ng 16\/4, \u0111\u00e1nh gi\u00e1 v\u1ec1 tri\u1ec3n v\u1ecdng th\u1ecb tr\u01b0\u1eddng, \u00f4ng  <b>   B\u1ea1ch Qu\u1ed1c Vinh, Th\u00e0nh vi\u00ean H\u0110QT ki\u00eam T\u1ed5ng Gi\u00e1m \u0111\u1ed1c DSC\ufeff  <\/b>  cho r\u1eb1ng VN-Index c\u00f3 th\u1ec3 h\u01b0\u1edbng t\u1edbi v\u00f9ng 1.950\u20132.000 \u0111i\u1ec3m trong k\u1ecbch b\u1ea3n t\u00edch c\u1ef1c, khi kinh t\u1ebf duy tr\u00ec t\u0103ng tr\u01b0\u1edfng m\u1ea1nh v\u1edbi m\u1ee5c ti\u00eau GDP kho\u1ea3ng 10%, c\u0103ng th\u1eb3ng M\u1ef9 &#8211; Iran h\u1ea1 nhi\u1ec7t v\u00e0 gi\u00e1 n\u0103ng l\u01b0\u1ee3ng d\u1ea7n \u1ed5n \u0111\u1ecbnh tr\u1edf l\u1ea1i. <\/p>\n<p data-end=\"667\" data-start=\"331\">  Theo CEO DSC, n\u1ec1n t\u1ea3ng h\u1ed7 tr\u1ee3 th\u1ecb tr\u01b0\u1eddng c\u00f2n \u0111\u1ebfn t\u1eeb tri\u1ec3n v\u1ecdng l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf c\u1ee7a c\u00e1c doanh nghi\u1ec7p ni\u00eam y\u1ebft t\u0103ng kho\u1ea3ng 10\u201315%, trong khi m\u1eb7t b\u1eb1ng \u0111\u1ecbnh gi\u00e1 v\u1eabn \u1edf m\u1ee9c h\u1ea5p d\u1eabn v\u1edbi P\/E d\u1ef1 ph\u00f3ng kho\u1ea3ng 11 l\u1ea7n. B\u00ean c\u1ea1nh \u0111\u00f3, c\u00e2u chuy\u1ec7n n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng c\u0169ng \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng c\u00f3 th\u1ec3 thu h\u00fat th\u00eam kho\u1ea3ng 5\u20138 t\u1ef7 USD v\u1ed1n ngo\u1ea1i. <\/p>\n<p data-end=\"835\" data-start=\"669\">  Tuy nhi\u00ean, T\u1ed5ng gi\u00e1m \u0111\u1ed1c DSC l\u01b0u \u00fd nh\u00e0 \u0111\u1ea7u t\u01b0 v\u1eabn c\u1ea7n theo d\u00f5i s\u00e1t c\u00e1c r\u1ee7i ro nh\u01b0 c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb k\u00e9o d\u00e0i, \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t, l\u00e3i su\u1ea5t v\u00e0 t\u1ef7 gi\u00e1 neo cao. <\/p>\n<p data-end=\"1385\" data-start=\"837\">  D\u00f9 tri\u1ec3n v\u1ecdng d\u00e0i h\u1ea1n \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 t\u00edch c\u1ef1c, \u00f4ng Vinh c\u0169ng nh\u1ea5n m\u1ea1nh nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n gi\u1eef s\u1ef1 th\u1eadn tr\u1ecdng, b\u1edfi nh\u1eefng nh\u1ecbp \u0111i\u1ec1u ch\u1ec9nh c\u1ee7a th\u1ecb tr\u01b0\u1eddng n\u1ebfu x\u1ea3y ra c\u00f3 th\u1ec3 s\u1ebd r\u1ea5t &#8220;s\u00e2u v\u00e0 \u0111au&#8221;. <\/p>\n<p data-end=\"1385\" data-start=\"837\">  Theo \u00f4ng, sau khi \u0111i l\u00ean m\u1ea1nh t\u1eeb v\u00f9ng \u0111\u00e1y c\u1ee7a 2\u20133 n\u0103m tr\u01b0\u1edbc, m\u1eb7t b\u1eb1ng \u0111i\u1ec3m s\u1ed1 hi\u1ec7n t\u1ea1i \u0111\u00e3 \u1edf m\u1ee9c cao h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi c\u00e1c n\u0103m tr\u01b0\u1edbc. <\/p>\n<p data-end=\"1385\" data-start=\"837\">  &#8221;  <i>   Kh\u00e1c v\u1edbi nh\u1eefng giai \u0111o\u1ea1n gi\u1ea3m m\u1ea1nh tr\u01b0\u1edbc \u0111\u00e2y, khi c\u00e1c c\u1ed5 phi\u1ebfu bluechips chi\u1ebft kh\u1ea5u 15\u201320% \u0111\u00e3 nhanh ch\u00f3ng h\u00fat \u0111\u01b0\u1ee3c l\u1ef1c c\u1ea7u b\u1eaft \u0111\u00e1y, d\u00f2ng ti\u1ec1n hi\u1ec7n nay v\u1eabn ch\u01b0a th\u1ef1c s\u1ef1 \u201ctham lam\u201d, cho th\u1ea5y t\u00e2m l\u00fd chung v\u1eabn kh\u00e1 th\u1eadn tr\u1ecdng v\u1edbi vi\u1ec7c gi\u1ea3i ng\u00e2n tr\u1edf l\u1ea1i  <\/i>  &#8220;, CEO DSC nh\u1ea5n m\u1ea1nh. <\/p>\n<p>  Li\u00ean quan t\u1edbi k\u1ebf ho\u1ea1ch t\u00ecm ki\u1ebfm c\u1ed5 \u0111\u00f4ng chi\u1ebfn l\u01b0\u1ee3c, DSC cho bi\u1ebft \u0111ang h\u01b0\u1edbng t\u1edbi nh\u00f3m \u0111\u1ed1i t\u00e1c l\u00e0 c\u00e1c doanh nghi\u1ec7p ho\u1eb7c \u0111\u1ecbnh ch\u1ebf t\u00e0i ch\u00ednh quy m\u00f4 l\u1edbn. M\u1ee9c gi\u00e1 ch\u00e0o b\u00e1n d\u1ef1 ki\u1ebfn kh\u00f4ng th\u1ea5p h\u01a1n 20.000 \u0111\u1ed3ng\/c\u1ed5 phi\u1ebfu, t\u01b0\u01a1ng \u1ee9ng \u0111\u1ecbnh gi\u00e1 c\u00f4ng ty r\u01a1i v\u00e0o kho\u1ea3ng 5.500 t\u1ef7 \u0111\u1ed3ng. <\/p>\n<p data-end=\"917\" data-start=\"633\">  Theo \u0111\u1ecbnh h\u01b0\u1edbng \u0111\u01b0\u1ee3c chia s\u1ebb, nh\u00e0 \u0111\u1ea7u t\u01b0 chi\u1ebfn l\u01b0\u1ee3c c\u00f3 th\u1ec3 \u0111\u1ebfn t\u1eeb trong n\u01b0\u1edbc ho\u1eb7c n\u01b0\u1edbc ngo\u00e0i, v\u1edbi \u0111i\u1ec1u ki\u1ec7n \u0111\u00e1p \u1ee9ng \u0111\u1ea7y \u0111\u1ee7 quy \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 t\u1ea1i Vi\u1ec7t Nam, c\u00f3 ti\u1ec1m l\u1ef1c t\u00e0i ch\u00ednh m\u1ea1nh, s\u1edf h\u1eefu uy t\u00edn v\u00e0 danh ti\u1ebfng qu\u1ed1c t\u1ebf, \u0111\u1ed3ng th\u1eddi c\u00f3 kinh nghi\u1ec7m ho\u1ea1t \u0111\u1ed9ng trong l\u0129nh v\u1ef1c ch\u1ee9ng kho\u00e1n. <\/p>\n<p data-end=\"1083\" data-start=\"919\">  V\u1ec1 t\u1ea7m nh\u00ecn d\u00e0i h\u1ea1n, DSC \u0111\u1eb7t m\u1ee5c ti\u00eau v\u01b0\u01a1n l\u00ean nh\u00f3m 10 c\u00f4ng ty ch\u1ee9ng kho\u00e1n h\u00e0ng \u0111\u1ea7u th\u1ecb tr\u01b0\u1eddng, \u0111\u1ed3ng th\u1eddi h\u01b0\u1edbng t\u1edbi m\u1ed1c l\u1ee3i nhu\u1eadn 1.000 t\u1ef7 \u0111\u1ed3ng trong t\u01b0\u01a1ng lai. <\/p>\n<p>  T\u1ea1i \u0111\u1ea1i h\u1ed9i, Ch\u1ee9ng kho\u00e1n DSC \u0111\u00e3 th\u00f4ng qua k\u1ebf ho\u1ea1ch kinh doanh n\u0103m 2026 v\u1edbi t\u1ed5ng doanh thu 747 t\u1ef7 \u0111\u1ed3ng v\u00e0 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf 356 t\u1ef7 \u0111\u1ed3ng, t\u0103ng tr\u01b0\u1edfng l\u1ea7n l\u01b0\u1ee3t 7% v\u00e0 3% so v\u1edbi th\u1ef1c hi\u1ec7n 2025.\ufeff <\/p>\n<p>  K\u1ebf ho\u1ea1ch l\u1ee3i nhu\u1eadn n\u0103m 2026 \u0111\u01b0\u1ee3c x\u00e2y d\u1ef1ng b\u00e1m s\u00e1t k\u1ef3 v\u1ecdng ph\u1ee5c h\u1ed3i v\u0129 m\u00f4, h\u01b0\u1edbng t\u1edbi thi\u1ebft l\u1eadp k\u1ef7 l\u1ee5c m\u1edbi. DSC cho bi\u1ebft s\u1ebd t\u1eadp trung t\u1ed1i \u0111a ho\u00e1 bi\u00ean l\u1ee3i nhu\u1eadn t\u1eeb m\u1ea3ng cho vay margin v\u1edbi c\u00e1c m\u1ed1c d\u01b0 n\u1ee3 k\u1ef7 l\u1ee5c, \u0111\u1ed3ng th\u1eddi linh ho\u1ea1t t\u00e1i c\u01a1 c\u1ea5u danh m\u1ee5c t\u1ef1 doanh \u0111\u1ec3 b\u00e1m s\u00e1t d\u00f2ng ti\u1ec1n tr\u00ean th\u1ecb tr\u01b0\u1eddng. <\/p>\n<p>  Li\u00ean quan t\u1edbi vi\u1ec7c khai th\u00e1c t\u1ec7p kh\u00e1ch h\u00e0ng, DSC c\u0169ng cho bi\u1ebft \u0111\u1ecbnh h\u01b0\u1edbng trong n\u0103m 2026 l\u00e0 ti\u1ebfp t\u1ee5c t\u1eadn d\u1ee5ng t\u1ed1i \u0111a l\u1ee3i th\u1ebf t\u1eeb h\u1ec7 sinh th\u00e1i T\u1eadp \u0111o\u00e0n Th\u00e0nh C\u00f4ng (TC Group), thay v\u00ec ch\u1ea1y \u0111ua th\u1ecb ph\u1ea7n b\u1eb1ng m\u1ecdi gi\u00e1. Theo CTCK n\u00e0y, vi\u1ec7c khai th\u00e1c s\u00e2u t\u1ec7p kh\u00e1ch h\u00e0ng t\u1eeb m\u1ea1ng l\u01b0\u1edbi n\u00e0y k\u1ef3 v\u1ecdng mang l\u1ea1i ngu\u1ed3n thu ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng v\u00e0 \u00edt ch\u1ecbu t\u00e1c \u0111\u1ed9ng b\u1edfi c\u00e1c pha \u0111i\u1ec1u ch\u1ec9nh ng\u1eafn h\u1ea1n t\u1eeb th\u1ecb tr\u01b0\u1eddng. \ufeff <\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>T\u1ea1i \u0110H\u0110C\u0110 th\u01b0\u1eddng ni\u00ean 2026 di\u1ec5n ra s\u00e1ng 16\/4, \u0111\u00e1nh gi\u00e1 v\u1ec1 tri\u1ec3n v\u1ecdng th\u1ecb tr\u01b0\u1eddng, \u00f4ng B\u1ea1ch Qu\u1ed1c Vinh, [&hellip;]<\/p>","protected":false},"author":5,"featured_media":72680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[221],"tags":[],"class_list":["post-72679","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\/72679","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=72679"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/72679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/72680"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=72679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=72679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=72679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}