{"id":11754,"date":"2026-05-02T18:46:20","date_gmt":"2026-05-02T11:46:20","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/02\/co-phieu-vci-va-dong-thai-thoai-von-cua-quy-dau-tu-ban-viet-discovery\/"},"modified":"2026-05-02T18:46:20","modified_gmt":"2026-05-02T11:46:20","slug":"co-phieu-vci-va-dong-thai-thoai-von-cua-quy-dau-tu-ban-viet-discovery","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/02\/co-phieu-vci-va-dong-thai-thoai-von-cua-quy-dau-tu-ban-viet-discovery\/","title":{"rendered":"C\u1ed5 phi\u1ebfu VCI v\u00e0 \u0111\u1ed9ng th\u00e1i tho\u00e1i v\u1ed1n c\u1ee7a Qu\u1ef9 \u0110\u1ea7u t\u01b0 B\u1ea3n Vi\u1ec7t Discovery"},"content":{"rendered":"
\n

Vi\u1ec7c Qu\u1ef9 \u0110\u1ea7u t\u01b0 B\u1ea3n Vi\u1ec7t Discovery, t\u1ed5 ch\u1ee9c c\u00f3 li\u00ean h\u1ec7 m\u1eadt thi\u1ebft v\u1edbi Ch\u1ee7 t\u1ecbch H\u0110QT Vietcap – b\u00e0 Nguy\u1ec5n Thanh Ph\u01b0\u1ee3ng, v\u1eeba \u0111\u0103ng k\u00fd b\u00e1n to\u00e0n b\u1ed9 135.000 c\u1ed5 phi\u1ebfu VCI \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m ch\u00fa \u00fd tr\u00ean s\u00e0n \u0111\u1ea5u t\u00e0i ch\u00ednh. \u0110\u1ed9ng th\u00e1i n\u00e0y di\u1ec5n ra trong b\u1ed1i c\u1ea3nh doanh nghi\u1ec7p ch\u1ee9ng kho\u00e1n n\u00e0y \u0111ang c\u00f3 nh\u1eefng b\u01b0\u1edbc d\u1ecbch chuy\u1ec3n \u0111\u00e1ng k\u1ec3 trong c\u01a1 c\u1ea5u danh m\u1ee5c \u0111\u1ea7u t\u01b0, ph\u1ea3n \u00e1nh h\u01a1i th\u1edf c\u1ee7a m\u1ed9t th\u1ecb tr\u01b0\u1eddng lu\u00f4n bi\u1ebfn \u0111\u1ed9ng kh\u00f4ng ng\u1eebng, t\u01b0\u01a1ng t\u1ef1 nh\u01b0 c\u00e1ch c\u00e1c m\u00f4 h\u00ecnh kinh doanh s\u1ed1 ph\u1ea3i li\u00ean t\u1ee5c th\u00edch nghi \u0111\u1ec3 t\u1ed3n t\u1ea1i trong h\u1ec7 sinh th\u00e1i c\u1ea1nh tranh kh\u1ed1c li\u1ec7t, gi\u1ed1ng nh\u01b0 nh\u1eefng g\u00ec \u0111ang di\u1ec5n ra t\u1ea1i c\u00e1c t\u1eadp \u0111o\u00e0n c\u00f4ng ngh\u1ec7 l\u1edbn khi th\u1ef1c hi\u1ec7n t\u00e1i c\u1ea5u tr\u00fac v\u00ec s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a AI, m\u1ed9t ch\u1ee7 \u0111\u1ec1 m\u00e0 ch\u00fang t\u00f4i \u0111\u00e3 t\u1eebng ph\u00e2n t\u00edch qua c\u00e1c s\u1ef1 ki\u1ec7n nh\u01b0 Oracle sa th\u1ea3i h\u00e0ng lo\u1ea1t.<\/p>\n

\n \"C\u1ed5
\u1ea2nh t\u1eeb ngu\u1ed3n: cafef.vn<\/em><\/figcaption><\/figure>\n

B\u1ea3n ch\u1ea5t \u0111\u1eb1ng sau vi\u1ec7c tho\u00e1i v\u1ed1n c\u1ed5 phi\u1ebfu VCI<\/h2>\n

Theo th\u00f4ng tin c\u00f4ng b\u1ed1, Qu\u1ef9 \u0110\u1ea7u t\u01b0 B\u1ea3n Vi\u1ec7t Discovery \u0111\u00e3 \u0111\u0103ng k\u00fd b\u00e1n to\u00e0n b\u1ed9 135.000 c\u1ed5 phi\u1ebfu VCI \u0111ang n\u1eafm gi\u1eef nh\u1eb1m m\u1ee5c \u0111\u00edch c\u01a1 c\u1ea5u l\u1ea1i danh m\u1ee5c \u0111\u1ea7u t\u01b0. Giao d\u1ecbch d\u1ef1 ki\u1ebfn \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n t\u1eeb ng\u00e0y 6\/5 \u0111\u1ebfn ng\u00e0y 1\/6\/2026. \u0110\u00e2y l\u00e0 m\u1ed9t quy\u1ebft \u0111\u1ecbnh mang t\u00ednh chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a qu\u1ef9, \u0111\u1eb7t trong b\u1ed1i c\u1ea3nh b\u00e0 Nguy\u1ec5n Thanh Ph\u01b0\u1ee3ng, Ch\u1ee7 t\u1ecbch H\u0110QT Vietcap, c\u0169ng \u0111\u1ed3ng th\u1eddi l\u00e0 Ch\u1ee7 t\u1ecbch c\u1ee7a qu\u1ef9 n\u00e0y. Hi\u1ec7n t\u1ea1i, b\u00e0 Ph\u01b0\u1ee3ng \u0111ang s\u1edf h\u1eefu 30,8 tri\u1ec7u c\u1ed5 phi\u1ebfu VCI, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng 2,68% v\u1ed1n \u0111i\u1ec1u l\u1ec7 c\u1ee7a c\u00f4ng ty ch\u1ee9ng kho\u00e1n n\u00e0y.<\/p>\n

X\u00e9t v\u1ec1 m\u1eb7t qu\u1ea3n tr\u1ecb t\u00e0i ch\u00ednh, vi\u1ec7c tho\u00e1i v\u1ed1n t\u1ea1i c\u00e1c c\u00f4ng ty con ho\u1eb7c qu\u1ef9 \u0111\u1ea7u t\u01b0 li\u00ean k\u1ebft kh\u00f4ng ph\u1ea3i l\u00e0 m\u1ed9t hi\u1ec7n t\u01b0\u1ee3ng xa l\u1ea1 tr\u00ean th\u1ecb tr\u01b0\u1eddng. \u0110\u00f3 th\u01b0\u1eddng l\u00e0 nh\u1eefng b\u01b0\u1edbc \u0111i c\u1ea7n thi\u1ebft \u0111\u1ec3 t\u1ed1i \u01b0u h\u00f3a ngu\u1ed3n l\u1ef1c v\u1ed1n v\u00e0 \u0111i\u1ec1u ch\u1ec9nh kh\u1ea9u v\u1ecb r\u1ee7i ro. Nh\u1eefng quy\u1ebft \u0111\u1ecbnh n\u00e0y \u0111\u00f4i khi g\u00e2y ra nh\u1eefng lu\u1ed3ng d\u01b0 lu\u1eadn tr\u00e1i chi\u1ec1u, t\u01b0\u01a1ng t\u1ef1 nh\u01b0 nh\u1eefng th\u00e1ch th\u1ee9c v\u1ec1 ni\u1ec1m tin m\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1eebng \u0111\u1ed1i m\u1eb7t khi m\u1ed9t s\u1ed1 n\u1ec1n t\u1ea3ng \u1ee9ng d\u1ee5ng t\u1ea1m kh\u00f3a ch\u1ee9c n\u0103ng giao d\u1ecbch, bu\u1ed9c ph\u1ea3i \u0111\u1ee9ng ra xin l\u1ed7i v\u00e0 gi\u1ea3i tr\u00ecnh nh\u01b0 tr\u01b0\u1eddng h\u1ee3p c\u1ee7a Hana Gold g\u1ea7n \u0111\u00e2y.<\/p>\n

S\u1ee9c kh\u1ecfe t\u00e0i ch\u00ednh v\u00e0 c\u1ea5u tr\u00fac danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a Vietcap<\/h2>\n

Nh\u00ecn v\u00e0o b\u1ee9c tranh t\u00e0i ch\u00ednh qu\u00fd I\/2026, Vietcap ghi nh\u1eadn doanh thu ho\u1ea1t \u0111\u1ed9ng \u0111\u1ea1t h\u01a1n 1.400 t\u1ef7 \u0111\u1ed3ng, t\u0103ng tr\u01b0\u1edfng 65% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc. \u0110\u00e1ng ch\u00fa \u00fd l\u00e0 \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng \u0111\u1ebfn t\u1eeb nhi\u1ec1u m\u1ea3ng kinh doanh c\u1ed1t l\u00f5i. L\u00e3i t\u1eeb t\u00e0i s\u1ea3n t\u00e0i ch\u00ednh ghi nh\u1eadn th\u00f4ng qua l\u00e3i l\u1ed7 (FVTPL) \u0111\u00f3ng g\u00f3p h\u01a1n 500 t\u1ef7 \u0111\u1ed3ng, t\u0103ng 42%, trong khi l\u00e3i t\u1eeb t\u00e0i s\u1ea3n s\u1eb5n s\u00e0ng \u0111\u1ec3 b\u00e1n (AFS) \u0111\u1ea1t 127 t\u1ef7 \u0111\u1ed3ng, g\u1ea5p 2,3 l\u1ea7n c\u00f9ng k\u1ef3. M\u1ea3ng m\u00f4i gi\u1edbi c\u0169ng cho th\u1ea5y s\u1ef1 kh\u1edfi s\u1eafc v\u1edbi doanh thu g\u1ea7n 340 t\u1ef7 \u0111\u1ed3ng, t\u0103ng m\u1ea1nh t\u01b0\u01a1ng \u0111\u01b0\u01a1ng m\u1ee9c t\u0103ng c\u1ee7a m\u1ea3ng AFS.<\/p>\n

Tuy nhi\u00ean, s\u1ef1 gia t\u0103ng c\u1ee7a doanh thu lu\u00f4n \u0111i k\u00e8m v\u1edbi \u00e1p l\u1ef1c chi ph\u00ed. Chi ph\u00ed ho\u1ea1t \u0111\u1ed9ng c\u1ee7a doanh nghi\u1ec7p \u0111\u00e3 t\u0103ng g\u1ea5p \u0111\u00f4i l\u00ean m\u1ee9c 632 t\u1ef7 \u0111\u1ed3ng, ch\u1ee7 y\u1ebfu \u0111\u1ebfn t\u1eeb l\u1ed7 t\u00e0i s\u1ea3n FVTPL v\u00e0 chi ph\u00ed m\u00f4i gi\u1edbi t\u0103ng cao. B\u00ean c\u1ea1nh \u0111\u00f3, chi ph\u00ed t\u00e0i ch\u00ednh c\u0169ng ghi nh\u1eadn m\u1ee9c t\u0103ng g\u1ea7n 90%, l\u00ean con s\u1ed1 346 t\u1ef7 \u0111\u1ed3ng. K\u1ebft qu\u1ea3 cu\u1ed1i c\u00f9ng, l\u1ee3i nhu\u1eadn sau thu\u1ebf c\u1ee7a Vietcap \u0111\u1ea1t 341 t\u1ef7 \u0111\u1ed3ng, t\u0103ng 16% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m 2025.<\/p>\n

Nh\u1eadn di\u1ec7n chi\u1ebfn l\u01b0\u1ee3c t\u1eeb c\u00e1c kho\u1ea3n m\u1ee5c t\u00e0i s\u1ea3n<\/h2>\n

T\u1ea1i th\u1eddi \u0111i\u1ec3m cu\u1ed1i qu\u00fd I\/2026, t\u1ed5ng t\u00e0i s\u1ea3n c\u1ee7a Vietcap \u0111\u1ea1t g\u1ea7n 37.100 t\u1ef7 \u0111\u1ed3ng. Trong \u0111\u00f3, danh m\u1ee5c t\u00e0i s\u1ea3n AFS chi\u1ebfm t\u1ef7 tr\u1ecdng l\u1edbn v\u1edbi h\u01a1n 13.000 t\u1ef7 \u0111\u1ed3ng, bao g\u1ed3m c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 v\u00e0o nh\u1eefng t\u00ean tu\u1ed5i l\u1edbn tr\u00ean th\u1ecb tr\u01b0\u1eddng nh\u01b0 FPT, IDP, KDH, MBB, MCH, MWG v\u00e0 TDM. S\u1ef1 thay \u0111\u1ed5i trong c\u01a1 c\u1ea5u danh m\u1ee5c n\u00e0y cho th\u1ea5y h\u01b0\u1edbng \u0111i c\u1ee7a Vietcap khi gia t\u0103ng t\u1ef7 tr\u1ecdng t\u1ea1i MCH, MWG v\u00e0 MBB, \u0111\u1ed3ng th\u1eddi th\u1ef1c hi\u1ec7n gi\u1ea3m \u0111\u1ea7u t\u01b0 t\u1ea1i STB. Nh\u1eefng quy\u1ebft \u0111\u1ecbnh n\u00e0y ph\u1ea3n \u00e1nh chi\u1ebfn l\u01b0\u1ee3c \u0111i\u1ec1u h\u01b0\u1edbng d\u00f2ng ti\u1ec1n v\u00e0o nh\u1eefng b\u1ebfn \u0111\u1ed7 m\u00e0 doanh nghi\u1ec7p \u0111\u00e1nh gi\u00e1 cao v\u1ec1 ti\u1ec1m n\u0103ng trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng chung lu\u00f4n \u0111\u00f2i h\u1ecfi s\u1ef1 linh ho\u1ea1t t\u1ed1i \u0111a.<\/p>\n

Vi\u1ec7c tho\u00e1i v\u1ed1n c\u1ee7a Qu\u1ef9 \u0110\u1ea7u t\u01b0 B\u1ea3n Vi\u1ec7t Discovery t\u1ea1i c\u1ed5 phi\u1ebfu VCI, d\u00f9 quy m\u00f4 kh\u00f4ng qu\u00e1 l\u1edbn so v\u1edbi t\u1ed5ng kh\u1ed1i l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu l\u01b0u h\u00e0nh, v\u1eabn l\u00e0 m\u1ed9t t\u00edn hi\u1ec7u \u0111\u1ec3 th\u1ecb tr\u01b0\u1eddng theo d\u00f5i s\u00e1t sao c\u00e1ch th\u1ee9c v\u1eadn h\u00e0nh v\u00e0 s\u1ef1 lu\u00e2n chuy\u1ec3n v\u1ed1n n\u1ed9i b\u1ed9 c\u1ee7a c\u00e1c \u0111\u1ecbnh ch\u1ebf t\u00e0i ch\u00ednh l\u1edbn. Trong m\u1ed9t th\u1ecb tr\u01b0\u1eddng m\u00e0 c\u00e1c y\u1ebfu t\u1ed1 v\u0129 m\u00f4 v\u00e0 vi m\u00f4 lu\u00f4n \u0111an xen, m\u1ed7i h\u00e0nh \u0111\u1ed9ng tho\u00e1i v\u1ed1n hay gia t\u0103ng s\u1edf h\u1eefu \u0111\u1ec1u l\u00e0 nh\u1eefng m\u1ea3nh gh\u00e9p c\u1ea5u th\u00e0nh n\u00ean b\u1ee9c tranh t\u1ed5ng th\u1ec3 v\u1ec1 s\u1ee9c kh\u1ecfe doanh nghi\u1ec7p.<\/p>\n

B\u00e0i vi\u1ebft \u0111\u00e3 \u0111\u01b0\u1ee3c bi\u00ean t\u1eadp l\u1ea1i t\u1eeb ngu\u1ed3n: cafef.vn<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Vi\u1ec7c Qu\u1ef9 \u0110\u1ea7u t\u01b0 B\u1ea3n Vi\u1ec7t Discovery, t\u1ed5 ch\u1ee9c c\u00f3 li\u00ean h\u1ec7 m\u1eadt thi\u1ebft v\u1edbi Ch\u1ee7 t\u1ecbch H\u0110QT Vietcap – b\u00e0 Nguy\u1ec5n Thanh Ph\u01b0\u1ee3ng, v\u1eeba \u0111\u0103ng k\u00fd b\u00e1n to\u00e0n b\u1ed9 135.000 c\u1ed5 phi\u1ebfu VCI \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m ch\u00fa \u00fd tr\u00ean s\u00e0n \u0111\u1ea5u t\u00e0i ch\u00ednh. \u0110\u1ed9ng th\u00e1i n\u00e0y di\u1ec5n ra trong b\u1ed1i c\u1ea3nh doanh […]<\/p>\n","protected":false},"author":1,"featured_media":11753,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-11754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tong-quan-thi-truong"],"_links":{"self":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/11754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/comments?post=11754"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/11754\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media\/11753"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=11754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=11754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=11754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}