{"id":75356,"date":"2026-04-23T09:45:52","date_gmt":"2026-04-23T02:45:52","guid":{"rendered":"https:\/\/hbbgroup.net\/von-hoa-vingroup-lon-hon-ca-vietcombank-bidv-vietinbank-techcombank-vpbank-cong-lai-ty-phu-pham-nhat-vuong-ganh-1-3-thi-truong\/"},"modified":"2026-04-23T09:45:52","modified_gmt":"2026-04-23T02:45:52","slug":"von-hoa-vingroup-lon-hon-ca-vietcombank-bidv-vietinbank-techcombank-vpbank-cong-lai-ty-phu-pham-nhat-vuong-ganh-1-3-thi-truong","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/von-hoa-vingroup-lon-hon-ca-vietcombank-bidv-vietinbank-techcombank-vpbank-cong-lai-ty-phu-pham-nhat-vuong-ganh-1-3-thi-truong\/","title":{"rendered":"V\u1ed1n h\u00f3a Vingroup l\u1edbn h\u01a1n c\u1ea3 Vietcombank, BIDV, VietinBank, Techcombank, VPBank c\u1ed9ng l\u1ea1i, t\u1ef7 ph\u00fa Ph\u1ea1m Nh\u1eadt V\u01b0\u1ee3ng \u201cg\u00e1nh\u201d 1\/3 th\u1ecb tr\u01b0\u1eddng"},"content":{"rendered":"
<\/figcaption>

C\u1ed5 phi\u1ebfu Vingroup (m\u00e3 VIC) v\u1eeba c\u00f3 phi\u00ean t\u0103ng k\u1ecbch tr\u1ea7n \u0111\u00fang ng\u00e0y t\u1ed5 ch\u1ee9c \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng th\u01b0\u1eddng ni\u00ean 2026 (22\/4). Ch\u1ec9 trong kho\u1ea3ng 1 th\u00e1ng tr\u1edf l\u1ea1i \u0111\u00e2y, th\u1ecb gi\u00e1 VIC \u0111\u00e3 t\u0103ng g\u1ea7n 70% l\u00ean m\u1ee9c 207.200 \u0111\u1ed3ng\/cp. N\u1ebfu t\u00ednh xa h\u01a1n, t\u1eeb \u0111\u1ea7u 2025 \u0111\u1ebfn nay, c\u1ed5 phi\u1ebfu n\u00e0y \u0111\u00e3 t\u0103ng g\u1ea5p 10 l\u1ea7n. <\/p>\n

\n

<\/p>

<\/figcaption><\/figure>\n

V\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng c\u1ee7a Vingroup c\u0169ng theo \u0111\u00f3 t\u0103ng v\u1ecdt l\u00ean x\u1ea5p x\u1ec9 1,6 tri\u1ec7u t\u1ef7 \u0111\u1ed3ng (~60 t\u1ef7 USD), l\u1eadp k\u1ef7 l\u1ee5c v\u00f4 ti\u1ec1n kho\u00e1ng h\u1eadu. Con s\u1ed1 n\u00e0y \u0111\u01b0a t\u1eadp \u0111o\u00e0n c\u1ee7a t\u1ef7 ph\u00fa Ph\u1ea1m Nh\u1eadt V\u01b0\u1ee3ng v\u1eefng v\u00e0ng \u1edf v\u1ecb tr\u00ed s\u1ed1 1 th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam, b\u1ecf xa nh\u1eefng c\u00e1i t\u00ean ph\u00eda sau. <\/p>\n

\u0110\u1ec3 d\u1ec5 h\u00ecnh dung, v\u1ed1n h\u00f3a c\u1ee7a Vingroup th\u1eadm ch\u00ed c\u00f2n l\u1edbn h\u01a1n t\u1ed5ng gi\u00e1 tr\u1ecb c\u1ee7a 5 ng\u00e2n h\u00e0ng l\u1edbn nh\u1ea5t s\u00e0n ch\u1ee9ng kho\u00e1n l\u00e0 Vietcombank, BIDV, VietinBank, Techcombank v\u00e0 VPBank c\u1ed9ng l\u1ea1i. V\u1edbi quy m\u00f4 n\u00e0y, m\u1ed7i bi\u1ebfn \u0111\u1ed9ng c\u1ee7a Vingroup c\u0169ng mang gi\u00e1 tr\u1ecb r\u1ea5t l\u1edbn. \u0110i\u1ec3n h\u00ecnh nh\u01b0 c\u00fa t\u0103ng k\u1ecbch tr\u1ea7n v\u1eeba qua, v\u1ed1n h\u00f3a c\u1ee7a Vingroup \u0111\u00e3 t\u0103ng h\u01a1n 100.000 t\u1ef7 ch\u1ec9 trong 1 phi\u00ean, l\u1edbn h\u01a1n c\u1ea3 gi\u00e1 tr\u1ecb SHB. <\/p>\n

\n

<\/p>

<\/figcaption><\/figure>\n

C\u00f9ng v\u1edbi \u0111\u00f3, t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng l\u00e0 r\u1ea5t l\u1edbn. Hi\u1ec7n t\u1ea1i, ch\u1ec9 ri\u00eang Vingroup \u0111\u00e3 chi\u1ebfm h\u01a1n 18% t\u1ef7 tr\u1ecdng v\u1ed1n h\u00f3a tr\u00ean HoSE. N\u1ebfu t\u00ednh chung c\u1ea3 4 doanh nghi\u1ec7p ni\u00eam y\u1ebft c\u1ee7a t\u1ef7 ph\u00fa Ph\u1ea1m Nh\u1eadt V\u01b0\u1ee3ng l\u00e0 Vingroup, Vinhomes, Vinpearl v\u00e0 Vincom Retail, con s\u1ed1 n\u00e0y l\u00ean \u0111\u1ebfn 30%. Do \u0111\u00f3, bi\u1ebfn \u0111\u1ed9ng c\u1ee7a b\u1ed9 t\u1ee9 c\u1ed5 phi\u1ebfu VIC, VHM, VPL, VRE \u1ea3nh h\u01b0\u1edfng r\u1ea5t l\u1edbn \u0111\u1ebfn VN-Index. <\/p>\n

\n

<\/p>

<\/figcaption><\/figure>\n

T\u1eeb \u0111\u1ea7u n\u0103m 2026, 4 c\u1ed5 phi\u1ebfu VIC, VHM, VPL, VRE \u0111\u00f3ng g\u00f3p t\u1ed5ng c\u1ed9ng h\u01a1n 112 \u0111i\u1ec3m v\u00e0o VN-Index trong khi ch\u1ec9 s\u1ed1 n\u00e0y ch\u1ec9 t\u0103ng g\u1ea7n 73 \u0111i\u1ec3m. C\u00f3 th\u1ec3 th\u1ea5y, m\u1ee9c \u0111\u1ed9 ph\u1ee5 thu\u1ed9c r\u1ea5t l\u1edbn c\u1ee7a ch\u1ec9 s\u1ed1 v\u00e0o nh\u00f3m c\u1ed5 phi\u1ebfu trong tay t\u1ef7 ph\u00fa Ph\u1ea1m Nh\u1eadt V\u01b0\u1ee3ng.<\/p>\n

Tuy nhi\u00ean, \u00f4ng David Rabinowitz, Gi\u00e1m \u0111\u1ed1c Ph\u00e2n t\u00edch Ch\u1ec9 s\u1ed1 To\u00e0n c\u1ea7u v\u00e0 C\u1ea5u tr\u00fac Th\u1ecb tr\u01b0\u1eddng ch\u00e2u \u00c1 \u2013 Th\u00e1i B\u00ecnh D\u01b0\u01a1ng t\u1ea1i UBS cho r\u1eb1ng, R\u1ee7i ro n\u00e0y \u0111\u00e3 \u0111\u01b0\u1ee3c t\u00ednh to\u00e1n v\u00e0 \u0111\u00e2y kh\u00f4ng ph\u1ea3i l\u00e0 c\u00e2u chuy\u1ec7n ri\u00eang c\u1ee7a Vi\u1ec7t Nam m\u00e0 l\u00e0 v\u1ea5n \u0111\u1ec1 mang t\u00ednh to\u00e0n c\u1ea7u. <\/p>\n

T\u1ea1i nhi\u1ec1u th\u1ecb tr\u01b0\u1eddng ph\u00e1t tri\u1ec3n nh\u01b0 M\u1ef9, \u00dac hay c\u00e1c qu\u1ed1c gia kh\u00e1c, m\u1ee9c \u0111\u1ed9 t\u1eadp trung v\u00e0o m\u1ed9t s\u1ed1 c\u1ed5 phi\u1ebfu l\u1edbn c\u0169ng hi\u1ec7n h\u1eefu. V\u00ec v\u1eady, ch\u1ec9 s\u1ed1 c\u1ee7a FTSE \u0111\u00e3 t\u00ednh \u0111\u1ebfn \u0111i\u1ec1u n\u00e0y \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o t\u00ednh \u1ed5n \u0111\u1ecbnh v\u00e0 \u0111i\u1ec1u quan tr\u1ecdng kh\u00f4ng n\u1eb1m \u1edf vi\u1ec7c c\u00f3 hay kh\u00f4ng s\u1ef1 t\u1eadp trung, m\u00e0 l\u00e0 c\u00e1ch th\u1ecb tr\u01b0\u1eddng qu\u1ea3n l\u00fd v\u00e0 \u0111\u00e1nh gi\u00e1 r\u1ee7i ro n\u00e0y. <\/p>\n

Trong c\u00e1c b\u1ed9 ch\u1ec9 s\u1ed1, bao g\u1ed3m c\u1ea3 VN30, y\u1ebfu t\u1ed1 t\u1eadp trung \u0111\u00e3 \u0111\u01b0\u1ee3c t\u00ednh to\u00e1n v\u00e0 ki\u1ec3m so\u00e1t. V\u00ed d\u1ee5, nh\u00f3m t\u00e0i ch\u00ednh hi\u1ec7n chi\u1ebfm t\u1ef7 tr\u1ecdng \u0111\u00e1ng k\u1ec3, kho\u1ea3ng 27%, cho th\u1ea5y s\u1ef1 ph\u00e2n b\u1ed5 ng\u00e0nh v\u1eabn \u0111ang d\u1ea7n \u0111a d\u1ea1ng h\u01a1n. So v\u1edbi m\u1ed9t s\u1ed1 th\u1ecb tr\u01b0\u1eddng trong khu v\u1ef1c nh\u01b0 Indonesia, b\u00e0i to\u00e1n kh\u00f4ng ch\u1ec9 n\u1eb1m \u1edf quy m\u00f4 v\u1ed1n h\u00f3a m\u00e0 c\u00f2n \u1edf t\u1ef7 l\u1ec7 c\u1ed5 phi\u1ebfu t\u1ef1 do chuy\u1ec3n nh\u01b0\u1ee3ng (free-float) v\u00e0 kh\u1ea3 n\u0103ng ti\u1ebfp c\u1eadn c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0. <\/p>\n

Theo \u0111\u00f3, \u0111\u1ec3 gi\u1ea3m r\u1ee7i ro t\u1eadp trung, th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam c\u1ea7n ti\u1ebfp t\u1ee5c m\u1edf r\u1ed9ng \u201c\u0111\u1ed9 s\u00e2u\u201d b\u1eb1ng c\u00e1ch b\u1ed5 sung th\u00eam c\u00e1c c\u1ed5 phi\u1ebfu ch\u1ea5t l\u01b0\u1ee3ng v\u00e0o r\u1ed5 ch\u1ec9 s\u1ed1, qua \u0111\u00f3 t\u1ea1o th\u00eam l\u1ef1a ch\u1ecdn cho nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 th\u00fac \u0111\u1ea9y \u0111a d\u1ea1ng h\u00f3a danh m\u1ee5c. <\/p>\n

\u1ede g\u00f3c \u0111\u1ed9 thu h\u00fat d\u00f2ng v\u1ed1n, \u0111\u1eb7c bi\u1ec7t l\u00e0 v\u1ed1n l\u1edbn, thanh kho\u1ea3n v\u1eabn l\u00e0 y\u1ebfu t\u1ed1 then ch\u1ed1t. \u0110i\u1ec1u n\u00e0y \u0111\u00f2i h\u1ecfi th\u1ecb tr\u01b0\u1eddng c\u1ea7n c\u00f3 c\u1ea5u tr\u00fac t\u1ed1t h\u01a1n, vai tr\u00f2 c\u1ee7a c\u00e1c nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng r\u00f5 n\u00e9t h\u01a1n, \u0111\u1ed3ng th\u1eddi n\u00e2ng cao t\u00ednh minh b\u1ea1ch v\u00e0 hi\u1ec7u qu\u1ea3 v\u1eadn h\u00e0nh. Khi quy m\u00f4 th\u1ecb tr\u01b0\u1eddng m\u1edf r\u1ed9ng, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u0169ng s\u1ebd k\u1ef3 v\u1ecdng nhi\u1ec1u h\u01a1n v\u00e0o c\u00e1c s\u1ea3n ph\u1ea9m \u0111\u1ea7u t\u01b0 m\u1edbi, kh\u00f4ng ch\u1ec9 d\u1eebng l\u1ea1i \u1edf c\u00e1c ch\u1ec9 s\u1ed1 truy\u1ec1n th\u1ed1ng nh\u01b0 VN30 m\u00e0 c\u00f2n m\u1edf r\u1ed9ng sang c\u00e1c b\u1ed9 ch\u1ec9 s\u1ed1 v\u00e0 c\u00f4ng c\u1ee5 \u0111a d\u1ea1ng h\u01a1n. <\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

C\u1ed5 phi\u1ebfu Vingroup (m\u00e3 VIC) v\u1eeba c\u00f3 phi\u00ean t\u0103ng k\u1ecbch tr\u1ea7n \u0111\u00fang ng\u00e0y t\u1ed5 ch\u1ee9c \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng […]<\/p>","protected":false},"author":5,"featured_media":75357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[221],"tags":[],"class_list":["post-75356","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\/75356","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=75356"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/75356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/75357"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=75356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=75356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=75356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}