{"id":13100,"date":"2026-05-04T23:50:14","date_gmt":"2026-05-04T16:50:14","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/04\/loi-nhuan-quy-1-2026-buc-tranh-tang-truong-365-va-su-hut-hoi-cua-nhom-tai-chinh\/"},"modified":"2026-05-04T23:50:14","modified_gmt":"2026-05-04T16:50:14","slug":"loi-nhuan-quy-1-2026-buc-tranh-tang-truong-365-va-su-hut-hoi-cua-nhom-tai-chinh","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/04\/loi-nhuan-quy-1-2026-buc-tranh-tang-truong-365-va-su-hut-hoi-cua-nhom-tai-chinh\/","title":{"rendered":"L\u1ee3i nhu\u1eadn qu\u00fd 1\/2026: B\u1ee9c tranh t\u0103ng tr\u01b0\u1edfng 36,5% v\u00e0 s\u1ef1 h\u1ee5t h\u01a1i c\u1ee7a nh\u00f3m t\u00e0i ch\u00ednh"},"content":{"rendered":"
\n
\n \"L\u1ee3i
\u1ea2nh t\u1eeb ngu\u1ed3n: vneconomy.vn<\/em><\/figcaption><\/figure>\n

S\u1ed1 li\u1ec7u t\u1eeb 641 doanh nghi\u1ec7p ni\u00eam y\u1ebft tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam t\u00ednh \u0111\u1ebfn ng\u00e0y 29\/04\/2026 \u0111ang ph\u00e1c h\u1ecda n\u00ean m\u1ed9t b\u1ee9c tranh kinh doanh \u0111\u1ea7y s\u1eafc th\u00e1i. V\u1edbi vi\u1ec7c \u0111\u1ea1i di\u1ec7n cho 83,3% v\u1ed1n h\u00f3a to\u00e0n th\u1ecb tr\u01b0\u1eddng, nh\u1eefng con s\u1ed1 n\u00e0y cho th\u1ea5y l\u1ee3i nhu\u1eadn sau thu\u1ebf c\u1ee7a c\u00e1c doanh nghi\u1ec7p \u0111ang duy tr\u00ec m\u1ee9c t\u0103ng tr\u01b0\u1edfng \u1ea5n t\u01b0\u1ee3ng 36,5% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc. Tuy nhi\u00ean, \u0111\u1eb1ng sau con s\u1ed1 t\u0103ng tr\u01b0\u1edfng d\u01b0\u01a1ng \u0111\u1ea7y l\u1ea1c quan \u0111\u00f3, s\u1ef1 ph\u00e2n h\u00f3a l\u1ea1i \u0111ang di\u1ec5n ra gay g\u1eaft, n\u01a1i nh\u00f3m phi t\u00e0i ch\u00ednh \u0111ang tr\u1edf th\u00e0nh \u0111\u1ea7u t\u00e0u k\u00e9o th\u1ecb tr\u01b0\u1eddng \u0111i l\u00ean, trong khi nh\u00f3m t\u00e0i ch\u00ednh b\u1eaft \u0111\u1ea7u b\u1ed9c l\u1ed9 nh\u1eefng d\u1ea5u hi\u1ec7u h\u1ee5t h\u01a1i \u0111\u00e1ng k\u1ec3.<\/p>\n

S\u1ef1 ph\u00e2n h\u00f3a r\u00f5 n\u00e9t trong b\u1ee9c tranh L\u1ee3i nhu\u1eadn qu\u00fd 1\/2026<\/h2>\n

Nh\u00ecn s\u00e2u v\u00e0o b\u1ea3n ch\u1ea5t c\u1ee7a \u0111\u00e0 t\u0103ng tr\u01b0\u1edfng, s\u1ef1 ch\u00eanh l\u1ec7ch gi\u1eefa c\u00e1c nh\u00f3m ng\u00e0nh l\u00e0 minh ch\u1ee9ng cho vi\u1ec7c \u0111\u1ed9ng l\u1ef1c kinh t\u1ebf \u0111ang chuy\u1ec3n d\u1ecbch. Trong khi nh\u00f3m phi t\u00e0i ch\u00ednh ghi nh\u1eadn m\u1ee9c t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn sau thu\u1ebf \u0111\u1ea7y \u1ea5n t\u01b0\u1ee3ng \u0111\u1ea1t 77,2%, th\u00ec nh\u00f3m t\u00e0i ch\u00ednh l\u1ea1i ch\u1ec9 d\u1eebng l\u1ea1i \u1edf m\u1ee9c 14,3%, th\u1ea5p h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi m\u1eb7t b\u1eb1ng chung c\u1ee7a to\u00e0n th\u1ecb tr\u01b0\u1eddng. Th\u1ef1c t\u1ebf cho th\u1ea5y m\u1ed9t ngh\u1ecbch l\u00fd l\u00e0 trong khi nhi\u1ec1u ng\u00e0nh s\u1ea3n xu\u1ea5t v\u00e0 d\u1ecbch v\u1ee5 \u0111ang t\u00ecm l\u1ea1i \u0111\u01b0\u1ee3c \u0111\u00e0 t\u0103ng tr\u01b0\u1edfng m\u1ea1nh m\u1ebd, th\u00ec nh\u00f3m t\u00e0i ch\u00ednh \u2013 v\u1ed1n t\u1eebng l\u00e0 “tr\u1ee5 c\u1ed9t” v\u1eefng ch\u00e3i c\u1ee7a th\u1ecb tr\u01b0\u1eddng \u2013 l\u1ea1i \u0111ang ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi nh\u1eefng th\u00e1ch th\u1ee9c n\u1ed9i t\u1ea1i khi\u1ebfn \u0111\u00e0 t\u0103ng ch\u1eefng l\u1ea1i r\u00f5 r\u1ec7t.<\/p>\n

\u0110\u00e1ng ch\u00fa \u00fd, ng\u00e0nh b\u1ea5t \u0111\u1ed9ng s\u1ea3n d\u00e2n c\u01b0 \u0111\u00e3 t\u1ea1o n\u00ean c\u00fa l\u1ed9i ng\u01b0\u1ee3c d\u00f2ng ngo\u1ea1n m\u1ee5c. D\u1eef li\u1ec7u t\u1eeb 29 doanh nghi\u1ec7p l\u1edbn nh\u1ea5t ng\u00e0nh cho th\u1ea5y l\u1ee3i nhu\u1eadn t\u0103ng g\u1ea7n 8 l\u1ea7n so v\u1edbi c\u00f9ng k\u1ef3, v\u1edbi nh\u1eefng c\u00e1i t\u00ean d\u1eabn d\u1eaft nh\u01b0 VHM, KDH, PDR, SJS v\u00e0 HDC. S\u1ef1 b\u1ee9t ph\u00e1 n\u00e0y t\u01b0\u01a1ng ph\u1ea3n v\u1edbi nh\u1eefng th\u00e1ch th\u1ee9c v\u1ec1 d\u00f2ng ti\u1ec1n m\u00e0 m\u1ed9t s\u1ed1 \u0111\u01a1n v\u1ecb trong ng\u00e0nh t\u1eebng g\u1eb7p ph\u1ea3i, nh\u01b0 tr\u01b0\u1eddng h\u1ee3p c\u1ee7a Khang \u0110i\u1ec1n \u0111\u00e3 \u0111\u01b0\u1ee3c ph\u00e2n t\u00edch c\u1ee5 th\u1ec3 t\u1ea1i b\u00e0i vi\u1ebft D\u00f2ng ti\u1ec1n kinh doanh c\u1ee7a Khang \u0110i\u1ec1n v\u00e0 ngh\u1ecbch l\u00fd l\u1ee3i nhu\u1eadn qu\u00fd I\/2026<\/a>. B\u00ean c\u1ea1nh \u0111\u00f3, nh\u00f3m ng\u00e0nh b\u00e1n l\u1ebb c\u0169ng ghi nh\u1eadn s\u1ef1 h\u1ed3i sinh m\u1ea1nh m\u1ebd v\u1edbi m\u1ee9c t\u0103ng tr\u01b0\u1edfng 77,5%, nh\u1edd v\u00e0o s\u1ef1 c\u1ea3i thi\u1ec7n v\u1ec1 bi\u00ean l\u1ee3i nhu\u1eadn t\u1ea1i c\u00e1c “\u00f4ng l\u1edbn” nh\u01b0 MWG, FRT hay PET.<\/p>\n

\u00c1p l\u1ef1c t\u1eeb n\u1ed9i t\u1ea1i khi\u1ebfn nh\u00f3m t\u00e0i ch\u00ednh h\u1ee5t h\u01a1i<\/h2>\n

Nh\u00ecn v\u00e0o c\u01a1 c\u1ea5u l\u1ee3i nhu\u1eadn c\u1ee7a nh\u00f3m t\u00e0i ch\u00ednh, c\u00f3 th\u1ec3 th\u1ea5y r\u00f5 \u00e1p l\u1ef1c \u0111ang \u0111\u00e8 n\u1eb7ng l\u00ean vai ng\u00e0nh ng\u00e2n h\u00e0ng. L\u1ee3i nhu\u1eadn sau thu\u1ebf c\u1ee7a 26 ng\u00e2n h\u00e0ng l\u1edbn ch\u1ec9 t\u0103ng 14% so v\u1edbi c\u00f9ng k\u1ef3, m\u1ee9c t\u0103ng th\u1ea5p nh\u1ea5t trong 9 qu\u00fd g\u1ea7n \u0111\u00e2y. Nh\u1eefng “ng\u00f4i sao” t\u1eebng d\u1eabn d\u1eaft t\u0103ng tr\u01b0\u1edfng nh\u01b0 VCB, BID, TCB, MBB hay HDB nay \u0111\u00e3 b\u1eaft \u0111\u1ea7u ghi nh\u1eadn \u0111\u00e0 gi\u1ea3m t\u1ed1c, trong khi m\u1ed9t s\u1ed1 c\u00e1i t\u00ean kh\u00e1c nh\u01b0 STB, LPB, EIB l\u1ea1i ch\u1ee9ng ki\u1ebfn l\u1ee3i nhu\u1eadn suy gi\u1ea3m. \u0110\u1eb7c bi\u1ec7t, s\u1ef1 h\u1ee5t h\u01a1i c\u1ee7a STB so v\u1edbi k\u1ef3 v\u1ecdng t\u1ea1i \u0110H\u0110C\u0110 cho th\u1ea5y r\u1ee7i ro trong vi\u1ec7c d\u1ef1 b\u00e1o l\u1ee3i nhu\u1eadn khi th\u1ecb tr\u01b0\u1eddng kh\u00f4ng c\u00f2n nhi\u1ec1u thu\u1eadn l\u1ee3i.<\/p>\n

Kh\u00f4ng ch\u1ec9 ng\u00e2n h\u00e0ng, nh\u00f3m ch\u1ee9ng kho\u00e1n c\u0169ng \u0111ang ch\u1ecbu c\u1ea3nh “th\u1eaft l\u01b0ng bu\u1ed9c b\u1ee5ng” khi thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng ch\u01b0a c\u00f3 s\u1ef1 ph\u1ee5c h\u1ed3i r\u00f5 n\u00e9t. Ho\u1ea1t \u0111\u1ed9ng m\u00f4i gi\u1edbi v\u00e0 t\u1ef1 doanh kh\u00f4ng c\u00f2n mang l\u1ea1i “tr\u00e1i ng\u1ecdt” nh\u01b0 nh\u1eefng giai \u0111o\u1ea1n b\u00f9ng n\u1ed5 tr\u01b0\u1edbc \u0111\u00f3. Nh\u1eefng bi\u1ebfn \u0111\u1ed9ng n\u00e0y c\u0169ng \u0111\u1eb7t ra c\u00e2u h\u1ecfi v\u1ec1 chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a c\u00e1c d\u00f2ng ti\u1ec1n l\u1edbn tr\u00ean th\u1ecb tr\u01b0\u1eddng, v\u1ed1n \u0111\u00e3 \u0111\u01b0\u1ee3c nh\u1eafc \u0111\u1ebfn nh\u01b0 nh\u1eefng th\u1ebf l\u1ef1c \u0111\u1ea7y b\u00ed \u1ea9n trong b\u00e0i vi\u1ebft D\u00f2ng ti\u1ec1n t\u1ef1 doanh ch\u1ee9ng kho\u00e1n: Th\u1ebf l\u1ef1c b\u00ed \u1ea9n \u2018gom h\u00e0ng\u2019 tr\u01b0\u1edbc th\u1ec1m k\u1ef3 ngh\u1ec9 l\u1ec5<\/a>. Khi c\u00e1c \u0111\u1ed9ng l\u1ef1c truy\u1ec1n th\u1ed1ng nh\u01b0 bi\u00ean l\u00e3i r\u00f2ng (NIM) thu h\u1eb9p v\u00e0 t\u0103ng tr\u01b0\u1edfng t\u00edn d\u1ee5ng ch\u1eadm l\u1ea1i, nh\u00f3m t\u00e0i ch\u00ednh \u0111ang th\u1ef1c s\u1ef1 b\u01b0\u1edbc v\u00e0o giai \u0111o\u1ea1n c\u1ea7n t\u00e1i c\u1ea5u tr\u00fac ho\u1eb7c t\u00ecm ki\u1ebfm \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng m\u1edbi \u0111\u1ec3 kh\u00f4ng b\u1ecb t\u1ee5t l\u1ea1i ph\u00eda sau trong cu\u1ed9c \u0111ua l\u1ee3i nhu\u1eadn c\u1ee7a n\u0103m 2026.<\/p>\n

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

\u1ea2nh t\u1eeb ngu\u1ed3n: vneconomy.vn S\u1ed1 li\u1ec7u t\u1eeb 641 doanh nghi\u1ec7p ni\u00eam y\u1ebft tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam t\u00ednh \u0111\u1ebfn ng\u00e0y 29\/04\/2026 \u0111ang ph\u00e1c h\u1ecda n\u00ean m\u1ed9t b\u1ee9c tranh kinh doanh \u0111\u1ea7y s\u1eafc th\u00e1i. V\u1edbi vi\u1ec7c \u0111\u1ea1i di\u1ec7n cho 83,3% v\u1ed1n h\u00f3a to\u00e0n th\u1ecb tr\u01b0\u1eddng, nh\u1eefng con s\u1ed1 n\u00e0y cho th\u1ea5y l\u1ee3i nhu\u1eadn sau […]<\/p>\n","protected":false},"author":1,"featured_media":13098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[44],"tags":[],"class_list":["post-13100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chung-khoan-viet-nam"],"_links":{"self":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/13100","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=13100"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/13100\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media\/13098"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=13100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=13100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=13100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}