{"id":48147,"date":"2025-09-08T02:54:11","date_gmt":"2025-09-07T19:54:11","guid":{"rendered":"https:\/\/hbbgroup.net\/om-49-000-ti-dong-the-gioi-di-dong-buon-tien-kieu-gi\/"},"modified":"2025-09-08T02:54:11","modified_gmt":"2025-09-07T19:54:11","slug":"om-49-000-ti-dong-the-gioi-di-dong-buon-tien-kieu-gi","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/om-49-000-ti-dong-the-gioi-di-dong-buon-tien-kieu-gi\/","title":{"rendered":"‘\u00d4m’ 49.000 t\u1ec9 \u0111\u1ed3ng, Th\u1ebf Gi\u1edbi Di \u0110\u1ed9ng ‘bu\u00f4n ti\u1ec1n’ ki\u1ec3u g\u00ec?"},"content":{"rendered":"
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\"Th\u1ebf<\/p>

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L\u00e3i t\u1eeb vi\u1ec7c “bu\u00f4n ti\u1ec1n” c\u1ee7a doanh nghi\u1ec7p b\u00e1n l\u1ebb h\u00e0ng \u0111\u1ea7u tr\u00ean s\u00e0n ch\u1ee9ng kho\u00e1n n\u00e0y kh\u00f4ng h\u1ec1 nh\u1ecf\u2026 – \u1ea2nh: MWG<\/p>\n<\/figcaption><\/figure>\n

C\u1ed5 phi\u1ebfu MWG \u0111\u01b0\u1ee3c khuy\u1ebfn ngh\u1ecb nhi\u1ec1u, Th\u1ebf Gi\u1edbi Di \u0110\u1ed9ng c\u00f3 g\u00ec \u0111\u1eb7c bi\u1ec7t<\/h2>\n

M\u00e3 MWG c\u1ee7a Th\u1ebf Gi\u1edbi Di \u0110\u1ed9ng<\/a> \u0111\u01b0\u1ee3c giao d\u1ecbch phi\u00ean g\u1ea7n nh\u1ea5t v\u1edbi gi\u00e1 75.000 \u0111\u1ed3ng\/c\u1ed5 phi\u1ebfu, t\u0103ng h\u01a1n 20% trong 4 th\u00e1ng qua.<\/p>\n

G\u1ea7n \u0111\u00e2y c\u1ed5 phi\u1ebfu n\u00e0y li\u00ean t\u1ee5c \u0111\u01b0\u1ee3c c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n khuy\u1ebfn ngh\u1ecb kh\u00e1ch h\u00e0ng mua v\u00e0o v\u1edbi gi\u00e1 m\u1ee5c ti\u00eau c\u00f3 th\u1ec3 l\u00ean v\u01b0\u1ee3t 90.000 \u0111\u1ed3ng.<\/p>\n

Lu\u1eadn \u0111i\u1ec3m \u0111\u1ea7u t\u01b0 \u0111\u01b0\u1ee3c \u0111\u01b0a ra, \u0111\u00f3 l\u00e0 trong ng\u1eafn h\u1ea1n vi\u1ec7c mua l\u1ea1i c\u1ed5 phi\u1ebfu qu\u1ef9 (10 tri\u1ec7u c\u1ed5 phi\u1ebfu, d\u1ef1 ki\u1ebfn s\u1edbm nh\u1ea5t v\u00e0o th\u00e1ng 10) c\u00f3 th\u1ec3 h\u1ed7 tr\u1ee3 gi\u00e1 c\u1ed5 phi\u1ebfu.<\/p>\n

V\u1ec1 d\u00e0i h\u1ea1n, l\u1ee3i nhu\u1eadn c\u1ee7a B\u00e1ch H\u00f3a Xanh s\u1ebd l\u00e0 \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng ch\u00ednh t\u1eeb n\u0103m 2026, \u0111\u1ed3ng th\u1eddi chu\u1ed7i Erablue \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng gia t\u0103ng th\u1ecb ph\u1ea7n sau khi \u0111\u1ea1t \u0111i\u1ec3m h\u00f2a v\u1ed1n.<\/p>\n

Ch\u01b0a th\u1ea5y b\u00e1o c\u00e1o n\u00e0o \u0111\u1ec1 c\u1eadp \u0111\u1ebfn kh\u1ea3 n\u0103ng ph\u00e1t tri\u1ec3n \u1edf l\u0129nh v\u1ef1c “tay ngang” m\u00e0 Th\u1ebf Gi\u1edbi Di \u0110\u1ed9ng \u0111ang theo \u0111u\u1ed5i. Th\u1ec3 hi\u1ec7n tr\u00ean b\u00e1o c\u00e1o t\u00e0i ch\u00ednh qu\u00fd 2-2025, \u00f4ng l\u1edbn b\u00e1n l\u1ebb c\u00f3 “kho ti\u1ec1n” kho\u1ea3ng 49.000 t\u1ec9 \u0111\u1ed3ng.<\/p>\n

C\u1ee5 th\u1ec3 cu\u1ed1i th\u00e1ng 6-2025, t\u1ed5ng t\u00e0i s\u1ea3n MWG \u0111\u1ea1t h\u01a1n 81.000 t\u1ec9 \u0111\u1ed3ng, t\u0103ng g\u1ea7n 10.600 t\u1ec9 \u0111\u1ed3ng sau 6 th\u00e1ng. Gia t\u0103ng m\u1ea1nh m\u1ebd \u0111\u1ebfn t\u1eeb l\u01b0\u1ee3ng ti\u1ec1n m\u1eb7t v\u00e0 c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 t\u00e0i ch\u00ednh ng\u1eafn h\u1ea1n cao k\u1ef7 l\u1ee5c v\u1edbi 40.333 t\u1ec9 \u0111\u1ed3ng, t\u0103ng h\u01a1n 6.100 t\u1ec9 \u0111\u1ed3ng.<\/p>\n

Thuy\u1ebft minh chi ti\u1ebft h\u01a1n, MWG cho bi\u1ebft c\u00f3 l\u01b0\u1ee3ng ti\u1ec1n g\u1eedi ng\u00e2n h\u00e0ng<\/a> 27.743 t\u1ec9 \u0111\u1ed3ng h\u01b0\u1edfng l\u00e3i.\u00a0<\/p>\n

Ngo\u00e0i ra doanh nghi\u1ec7p \u0111\u1ec3 12.130 t\u1ec9 \u0111\u1ed3ng d\u1ea1ng ng\u1eafn h\u1ea1n r\u00f3t v\u00e0o c\u00e1c kho\u1ea3n tr\u00e1i phi\u1ebfu v\u00e0 c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 kh\u00e1c c\u00f3 k\u1ef3 h\u1ea1n d\u01b0\u1edbi 1 n\u0103m h\u01b0\u1edfng l\u00e3i su\u1ea5t.<\/p>\n

Trong kho\u1ea3n m\u1ee5c \u0111\u1ea7u t\u01b0 t\u00e0i ch\u00ednh d\u00e0i h\u1ea1n, MWG \u0111ang “\u00f4m” 850 t\u1ec9 \u0111\u1ed3ng v\u00e0o \u0111\u1ea7u t\u01b0 tr\u00e1i phi\u1ebfu c\u00f3 k\u1ef3 h\u1ea1n tr\u00ean 1 n\u0103m v\u00e0 h\u01b0\u1edfng l\u00e3i su\u1ea5t.<\/p>\n

M\u1ed9t ngu\u1ed3n v\u1ed1n \u0111\u00e1ng ch\u00fa \u00fd kh\u00e1c tr\u00ean b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n l\u00e0 7.929 t\u1ec9 \u0111\u1ed3ng cho vay ng\u1eafn h\u1ea1n \u0111\u1ed1i t\u00e1c, t\u0103ng g\u1ea7n 1.900 t\u1ec9 \u0111\u1ed3ng sau 6 th\u00e1ng.<\/p>\n

C\u1ed9ng d\u1ed3n, t\u1ed5ng gi\u00e1 tr\u1ecb ti\u1ec1n m\u1eb7t, ti\u1ec1n g\u1eedi, tr\u00e1i phi\u1ebfu ng\u1eafn h\u1ea1n v\u00e0 cho vay c\u1ee7a MWG \u0111\u00e3 l\u00ean \u0111\u1ebfn kho\u1ea3ng 49.000 t\u1ec9 \u0111\u1ed3ng.<\/p>\n

Nh\u1edd l\u01b0\u1ee3ng ti\u1ec1n n\u00eau tr\u00ean, MWG thu v\u1ec1 1.354 t\u1ec9 \u0111\u1ed3ng l\u00e3i ti\u1ec1n g\u1eedi v\u00e0 \u0111\u1ea7u t\u01b0 trong n\u1eeda \u0111\u1ea7u n\u0103m, t\u0103ng 30% so v\u1edbi c\u00f9ng k\u1ef3 – v\u01b0\u1ee3t l\u1ee3i nhu\u1eadn r\u00f2ng c\u1ee7a nhi\u1ec1u doanh nghi\u1ec7p ni\u00eam y\u1ebft l\u1edbn kh\u00e1c.<\/p>\n

\u0110\u00e2u ch\u1ec9 thu ti\u1ec1n v\u1ec1<\/h2>\n

“Kho” ti\u1ec1n g\u1ea7n 49.000 t\u1ec9 \u0111\u1ed3ng c\u1ee7a MWG<\/a> n\u1ebfu \u0111\u01b0\u1ee3c qu\u1ea3n tr\u1ecb t\u1ed1t, s\u1ebd t\u1ea1o l\u1ee3i nhu\u1eadn \u1ed5n \u0111\u1ecbnh. Nh\u01b0ng n\u1ebfu nh\u00ecn ra c\u01a1 h\u1ed9i, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u0169ng n\u00ean c\u00e2n nh\u1eafc th\u00eam c\u00e1c y\u1ebfu t\u1ed1 r\u1ee7i ro nh\u01b0: th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng ho\u1eb7c qu\u1ea3n l\u00fd kh\u00f4ng ch\u1eb7t ch\u1ebd, r\u1ee7i ro s\u1ebd lan r\u1ed9ng, t\u00e1c \u0111\u1ed9ng tr\u1ef1c ti\u1ebfp t\u1edbi s\u1ee9c kh\u1ecfe t\u00e0i ch\u00ednh l\u1eabn uy t\u00edn doanh nghi\u1ec7p.<\/p>\n

V\u1ec1 l\u00fd thuy\u1ebft, doanh nghi\u1ec7p c\u00f3 th\u1ec3 ph\u1ee5 thu\u1ed9c nhi\u1ec1u v\u00e0o bi\u1ebfn \u0111\u1ed9ng ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7, thay v\u00ec ch\u1ec9 d\u1ef1a v\u00e0o s\u1ee9c kh\u1ecfe t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ed1t l\u00f5i.<\/p>\n

Quy m\u00f4 ti\u1ec1n m\u1eb7t v\u00e0 \u0111\u1ea7u t\u01b0 t\u00e0i ch\u00ednh l\u1edbn \u0111\u00f2i h\u1ecfi qu\u1ea3n tr\u1ecb r\u1ee7i ro n\u1ed9i b\u1ed9 c\u1ef1c k\u1ef3 ch\u1eb7t ch\u1ebd. B\u1ea5t k\u1ef3 sai s\u00f3t n\u00e0o trong ph\u00e2n b\u1ed5 v\u1ed1n, l\u1ef1a ch\u1ecdn tr\u00e1i phi\u1ebfu hay \u0111\u1ed1i t\u00e1c cho vay \u0111\u1ec1u c\u00f3 th\u1ec3 g\u00e2y thi\u1ec7t h\u1ea1i.<\/p>\n

“Soi” b\u1ea3ng c\u00e2n \u0111\u1ed1i t\u00e0i ch\u00ednh, n\u1ee3 ph\u1ea3i tr\u1ea3 MWG cu\u1ed1i th\u00e1ng 6 n\u00e0y l\u00e0 50.985 t\u1ec9 \u0111\u1ed3ng, t\u0103ng g\u1ea7n 8.700 t\u1ec9 \u0111\u1ed3ng so v\u1edbi \u0111\u1ea7u n\u0103m.<\/p>\n

Trong \u0111\u00f3 vay ng\u1eafn h\u1ea1n chi\u1ebfm 31.538 t\u1ec9 \u0111\u1ed3ng, t\u0103ng h\u01a1n 4.200 t\u1ec9 \u0111\u1ed3ng. Kh\u00f4ng th\u1ea5y b\u00e1o c\u00e1o th\u1ec3 hi\u1ec7n kho\u1ea3n vay n\u00e0o d\u00e0i h\u1ea1n.<\/p>\n

V\u1edbi v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu, MWG c\u00f3 tr\u00ean 30.016 t\u1ec9 \u0111\u1ed3ng, g\u1ed3m v\u1ed1n c\u1ed5 ph\u1ea7n 14.796 t\u1ec9 \u0111\u1ed3ng v\u00e0 l\u1ee3i nhu\u1eadn ch\u01b0a ph\u00e2n ph\u1ed1i 14.297 t\u1ec9 \u0111\u1ed3ng, \u0111\u1ec1u t\u0103ng l\u00ean.\u00a0<\/p>\n

\u0110\u1ec3 chi tr\u1ea3 cho to\u00e0n b\u1ed9 c\u00e1c kho\u1ea3n vay ph\u00e1t sinh ngo\u00e0i, MWG c\u0169ng b\u1ecf 700 t\u1ec9 \u0111\u1ed3ng cho m\u1ee5c “chi ph\u00ed l\u00e3i vay”, t\u0103ng g\u1ea7n 190 t\u1ec9 \u0111\u1ed3ng so v\u1edbi c\u00f9ng k\u1ef3.\u00a0<\/p>\n

Nh\u00ecn chung, l\u00e3i r\u00f2ng t\u1eeb “ngh\u1ec1 bu\u00f4n ti\u1ec1n” v\u1eabn \u0111ang \u0111\u00f3ng g\u00f3p quan tr\u1ecdng v\u00e0o b\u1ee9c tranh kinh doanh c\u1ee7a MWG.<\/p>\n

T\u00ednh chung 6 th\u00e1ng \u0111\u1ea7u 2025, MWG c\u00f3 doanh thu thu\u1ea7n 73.754 t\u1ec9 \u0111\u1ed3ng, t\u0103ng 12,2% so v\u1edbi c\u00f9ng k\u1ef3.\u00a0<\/p>\n

Trong \u0111\u00f3 chu\u1ed7i Th\u1ebf Gi\u1edbi Di \u0110\u1ed9ng \u0111\u1ea1t 16.595 t\u1ec9 \u0111\u1ed3ng, chi\u1ebfm 22,8% t\u1ed5ng doanh thu; chu\u1ed7i \u0110i\u1ec7n M\u00e1y Xanh \u0111\u1ea1t 32.895 t\u1ec9 \u0111\u1ed3ng, chi\u1ebfm 44,6%; c\u00f2n chu\u1ed7i B\u00e1ch H\u00f3a Xanh \u0111\u00f3ng g\u00f3p 22.643 t\u1ec9 \u0111\u1ed3ng, chi\u1ebfm 30,7%.<\/p>\n

Sau tr\u1eeb chi ph\u00ed, l\u1ee3i nhu\u1eadn r\u00f2ng c\u1ee7a MWG \u0111\u1ea1t 3.205 t\u1ec9 \u0111\u1ed3ng, t\u0103ng 54%.<\/p>\n

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Song r\u1ee7i ro c\u1ea7n c\u00e2n nh\u1eafc v\u1edbi c\u00e1c c\u1ed5 phi\u1ebfu b\u00e1n l\u1ebb, trong \u0111\u00f3 c\u00f3 MWG l\u00e0 nhu c\u1ea7u ti\u00eau d\u00f9ng kh\u00f4ng thi\u1ebft y\u1ebfu c\u00f3 th\u1ec3 ph\u1ee5c h\u1ed3i ch\u1eadm h\u01a1n d\u1ef1 ki\u1ebfn. <\/p>\n

B\u00ean c\u1ea1nh \u0111\u00f3, \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t gia t\u0103ng c\u00f3 th\u1ec3 l\u00e0m chi ph\u00ed sinh ho\u1ea1t t\u0103ng cao, t\u1eeb \u0111\u00f3 b\u00e0o m\u00f2n s\u1ee9c mua v\u00e0 khi\u1ebfn kh\u00e1ch h\u00e0ng \u01b0u ti\u00ean chi ti\u00eau cho c\u00e1c m\u1eb7t h\u00e0ng thi\u1ebft y\u1ebfu thay v\u00ec \u0111i\u1ec7n tho\u1ea1i, \u0111i\u1ec7n m\u00e1y hay s\u1ea3n ph\u1ea9m c\u00f4ng ngh\u1ec7.<\/p>\n<\/div>\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":"

L\u00e3i t\u1eeb vi\u1ec7c “bu\u00f4n ti\u1ec1n” c\u1ee7a doanh nghi\u1ec7p b\u00e1n l\u1ebb h\u00e0ng \u0111\u1ea7u tr\u00ean s\u00e0n ch\u1ee9ng kho\u00e1n n\u00e0y kh\u00f4ng h\u1ec1 nh\u1ecf\u2026 […]<\/p>","protected":false},"author":1,"featured_media":48148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[94],"tags":[],"class_list":["post-48147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc-trong-nuoc"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/48147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=48147"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/48147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/48148"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=48147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=48147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=48147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}