{"id":13969,"date":"2026-05-07T10:41:09","date_gmt":"2026-05-07T03:41:09","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/07\/nang-hang-thi-truong-chung-khoan-viet-nam-ky-vong-tu-dong-von-hang-ty-usd\/"},"modified":"2026-05-07T10:41:09","modified_gmt":"2026-05-07T03:41:09","slug":"nang-hang-thi-truong-chung-khoan-viet-nam-ky-vong-tu-dong-von-hang-ty-usd","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/07\/nang-hang-thi-truong-chung-khoan-viet-nam-ky-vong-tu-dong-von-hang-ty-usd\/","title":{"rendered":"N\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam: K\u1ef3 v\u1ecdng t\u1eeb d\u00f2ng v\u1ed1n h\u00e0ng t\u1ef7 USD"},"content":{"rendered":"
\n

N\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m ch\u00fa \u00fd c\u1ee7a c\u1ed9ng \u0111\u1ed3ng t\u00e0i ch\u00ednh khi nh\u1eefng t\u00edn hi\u1ec7u t\u00edch c\u1ef1c v\u1ec1 l\u1ed9 tr\u00ecnh n\u00e0y ng\u00e0y c\u00e0ng r\u00f5 n\u00e9t, \u0111\u1eb7c bi\u1ec7t l\u00e0 khi d\u00f2ng v\u1ed1n h\u00e0ng t\u1ef7 USD \u0111ang ch\u1edd \u0111\u1ee3i s\u1ef1 ki\u1ec7n quan tr\u1ecdng v\u00e0o th\u00e1ng 6 t\u1edbi. Trong b\u00e1o c\u00e1o m\u1edbi nh\u1ea5t c\u1ee7a SSI Research, b\u1ee9c tranh v\u1ec1 s\u1ef1 thay \u0111\u1ed5i t\u1ef7 tr\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam trong c\u00e1c b\u1ed9 ch\u1ec9 s\u1ed1 FTSE Russell \u0111\u00e3 \u0111\u01b0\u1ee3c ph\u00e1c th\u1ea3o, \u0111\u1ed3ng th\u1eddi m\u1edf ra nh\u1eefng g\u00f3c nh\u00ecn s\u00e2u s\u1eafc v\u1ec1 ti\u1ebfn tr\u00ecnh h\u1ed9i nh\u1eadp v\u00e0o c\u00e1c th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i.<\/p>\n

\n \"N\u00e2ng
\u1ea2nh t\u1eeb ngu\u1ed3n: cafef.vn<\/em><\/figcaption><\/figure>\n

B\u1ea3n ch\u1ea5t c\u1ee7a c\u00e1c d\u00f2ng ch\u1ea3y v\u1ed1n qu\u1ed1c t\u1ebf<\/h2>\n

Theo d\u1eef li\u1ec7u c\u1eadp nh\u1eadt t\u1eeb FTSE Russell, danh s\u00e1ch c\u00e1c c\u1ed5 phi\u1ebfu \u0111\u00e1p \u1ee9ng \u0111i\u1ec1u ki\u1ec7n \u0111\u00e3 c\u00f3 s\u1ef1 \u0111i\u1ec1u ch\u1ec9nh, r\u00fat g\u1ecdn t\u1eeb 32 xu\u1ed1ng c\u00f2n 23 m\u00e3. Song song \u0111\u00f3, t\u1ef7 tr\u1ecdng c\u1ee7a Vi\u1ec7t Nam trong c\u00e1c r\u1ed5 ch\u1ec9 s\u1ed1 nh\u01b0 FTSE Emerging All Cap, FTSE All-World v\u00e0 FTSE Emerging c\u0169ng ghi nh\u1eadn nh\u1eefng \u0111i\u1ec1u ch\u1ec9nh t\u01b0\u01a1ng \u1ee9ng d\u1ef1a tr\u00ean d\u1eef li\u1ec7u t\u00ednh \u0111\u1ebfn ng\u00e0y 31\/3\/2026. M\u1eb7c d\u00f9 t\u1ef7 tr\u1ecdng c\u00f3 s\u1ef1 thay \u0111\u1ed5i, nh\u01b0ng \u0111i\u1ec1u \u0111\u00e1ng quan t\u00e2m nh\u1ea5t v\u1eabn l\u00e0 \u01b0\u1edbc t\u00ednh d\u00f2ng ti\u1ec1n t\u1eeb c\u00e1c qu\u1ef9 ETF tham chi\u1ebfu. C\u00e1c chuy\u00ean gia d\u1ef1 b\u00e1o t\u1ed5ng d\u00f2ng ti\u1ec1n \u0111\u1ed5 v\u00e0o th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam t\u1eeb ngu\u1ed3n n\u00e0y c\u00f3 th\u1ec3 \u0111\u1ea1t kho\u1ea3ng 1,3 t\u1ef7 USD, trong \u0111\u00f3 nh\u1eefng c\u00e1i t\u00ean nh\u01b0 Vanguard Total International Stock ETF hay Vanguard FTSE Emerging Markets ETF s\u1ebd \u0111\u00f3ng vai tr\u00f2 ch\u1ee7 \u0111\u1ea1o.<\/p>\n

S\u1ee9c h\u00fat c\u1ee7a th\u1ecb tr\u01b0\u1eddng kh\u00f4ng ch\u1ec9 n\u1eb1m \u1edf c\u00e1c con s\u1ed1 th\u1ed1ng k\u00ea kh\u00f4 khan m\u00e0 c\u00f2n ph\u1ea3n \u00e1nh s\u1ef1 ph\u00e2n h\u00f3a trong danh m\u1ee5c c\u1ee7a kh\u1ed1i ngo\u1ea1i. C\u1ed5 phi\u1ebfu VIC \u0111ang d\u1eabn \u0111\u1ea7u v\u1ec1 quy m\u00f4 v\u1ed1n h\u00f3a v\u1edbi d\u00f2ng ti\u1ec1n \u01b0\u1edbc t\u00ednh l\u00ean \u0111\u1ebfn 498 tri\u1ec7u USD, theo sau l\u00e0 nh\u1eefng c\u00e1i t\u00ean quen thu\u1ed9c nh\u01b0 HPG, VHM, FPT v\u00e0 MSN. Nh\u00f3m ng\u00e2n h\u00e0ng v\u00e0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n v\u1eabn chi\u1ebfm \u01b0u th\u1ebf trong m\u1eaft c\u00e1c nh\u00e0 qu\u1ea3n l\u00fd qu\u1ef9, kh\u1eb3ng \u0111\u1ecbnh v\u1ecb th\u1ebf c\u1ee7a c\u00e1c m\u00e3 ch\u1ee7 ch\u1ed1t trong vi\u1ec7c thu h\u00fat d\u00f2ng v\u1ed1n to\u00e0n c\u1ea7u. S\u1ef1 v\u1eadn \u0111\u1ed9ng n\u00e0y di\u1ec5n ra trong b\u1ed1i c\u1ea3nh c\u00e1c doanh nghi\u1ec7p c\u0169ng \u0111ang n\u1ed7 l\u1ef1c t\u1ed1i \u01b0u h\u00f3a c\u1ea5u tr\u00fac \u0111\u1ec3 ph\u00f9 h\u1ee3p h\u01a1n v\u1edbi ti\u00eau chu\u1ea9n qu\u1ed1c t\u1ebf, t\u01b0\u01a1ng t\u1ef1 nh\u01b0 c\u00e1ch c\u00e1c s\u00e0n t\u00e0i s\u1ea3n m\u00e3 h\u00f3a v\u00e0 b\u01b0\u1edbc ti\u1ebfn c\u1ee7a c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n<\/a> \u0111ang \u0111\u1ecbnh h\u00ecnh l\u1ea1i h\u1ec7 sinh th\u00e1i giao d\u1ecbch s\u1ed1 trong th\u1eddi \u0111\u1ea1i m\u1edbi.<\/p>\n

Ti\u1ec7m c\u1eadn ti\u00eau chu\u1ea9n to\u00e0n c\u1ea7u c\u1ee7a MSCI<\/h2>\n

Vi\u1ec7c th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam c\u00f3 kh\u1ea3 n\u0103ng cao \u0111\u01b0\u1ee3c \u0111\u01b0a v\u00e0o danh s\u00e1ch theo d\u00f5i trong k\u1ef3 \u0111\u00e1nh gi\u00e1 th\u00e1ng 6\/2026 c\u1ee7a MSCI \u0111\u01b0\u1ee3c xem l\u00e0 b\u01b0\u1edbc ngo\u1eb7t b\u1ea3n l\u1ec1. Hi\u1ec7n t\u1ea1i, ch\u00fang ta \u0111\u00e3 \u0111\u00e1p \u1ee9ng \u0111\u01b0\u1ee3c 10\/18 ti\u00eau ch\u00ed quan tr\u1ecdng v\u1ec1 kh\u1ea3 n\u0103ng ti\u1ebfp c\u1eadn. Nh\u1eefng n\u1ed7 l\u1ef1c t\u1eeb c\u01a1 quan qu\u1ea3n l\u00fd trong vi\u1ec7c tri\u1ec3n khai c\u01a1 ch\u1ebf Non-Prefunding, x\u00e2y d\u1ef1ng l\u1ed9 tr\u00ecnh \u00e1p d\u1ee5ng \u0111\u1ed1i t\u00e1c b\u00f9 tr\u1eeb trung t\u00e2m (CCP) v\u00e0 m\u1edf r\u1ed9ng c\u00e1c c\u00f4ng c\u1ee5 ph\u00f2ng v\u1ec7 r\u1ee7i ro nh\u01b0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai ch\u1ec9 s\u1ed1 VN30 l\u00e0 nh\u1eefng b\u01b0\u1edbc \u0111i thi\u1ebft th\u1ef1c. Khi nh\u00ecn v\u00e0o nh\u1eefng bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng, \u0111\u00f4i khi ch\u00fang ta th\u1ea5y c\u00e1c d\u00f2ng ti\u1ec1n l\u1edbn chuy\u1ec3n d\u1ecbch theo chi\u1ebfn l\u01b0\u1ee3c d\u00e0i h\u1ea1n, gi\u1ed1ng nh\u01b0 vi\u1ec7c qu\u1ef9 v\u00e0ng SPDR Gold Trust li\u00ean t\u1ee5c x\u1ea3 h\u00e0ng trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng<\/a>, m\u1ed9t v\u00ed d\u1ee5 cho th\u1ea5y s\u1ef1 linh ho\u1ea1t trong qu\u1ea3n tr\u1ecb t\u00e0i s\u1ea3n tr\u01b0\u1edbc nh\u1eefng chuy\u1ec3n d\u1ecbch v\u0129 m\u00f4.<\/p>\n

B\u00ean c\u1ea1nh \u0111\u00f3, s\u1ef1 minh b\u1ea1ch th\u00f4ng tin th\u00f4ng qua vi\u1ec7c gia t\u0103ng c\u00f4ng b\u1ed1 b\u1eb1ng ti\u1ebfng Anh v\u00e0 t\u1ef7 l\u1ec7 s\u1edf h\u1eefu n\u01b0\u1edbc ngo\u00e0i th\u1ef1c t\u1ebf tr\u00ean s\u00e0n HOSE t\u0103ng t\u1eeb 41,4% l\u00ean 46% trong th\u00e1ng 4\/2026 \u0111\u00e3 c\u1ee7ng c\u1ed1 ni\u1ec1m tin cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 qu\u1ed1c t\u1ebf. D\u00f9 th\u00e1ch th\u1ee9c trong vi\u1ec7c t\u1ef1 do h\u00f3a th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i v\u1eabn c\u00f2n \u0111\u00f3, nh\u01b0ng \u0111\u00e2y kh\u00f4ng \u0111\u01b0\u1ee3c xem l\u00e0 r\u00e0o c\u1ea3n tuy\u1ec7t \u0111\u1ed1i. Nh\u1eefng th\u1ea3o lu\u1eadn v\u1ec1 vi\u1ec7c cho ph\u00e9p ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i cung c\u1ea5p c\u00f4ng c\u1ee5 ph\u00f2ng ng\u1eeba r\u1ee7i ro t\u1ef7 gi\u00e1 cho th\u1ea5y m\u1ed9t s\u1ef1 thay \u0111\u1ed5i t\u01b0 duy qu\u1ea3n tr\u1ecb \u0111\u1ea7y t\u00edch c\u1ef1c. S\u1ef1 ki\u1ec7n n\u00e2ng h\u1ea1ng kh\u00f4ng ch\u1ec9 l\u00e0 c\u00e2u chuy\u1ec7n c\u1ee7a c\u00e1c con s\u1ed1, m\u00e0 c\u00f2n l\u00e0 s\u1ef1 c\u1ed9ng h\u01b0\u1edfng gi\u1eefa nh\u1eefng doanh nghi\u1ec7p v\u1ed1n h\u00f3a l\u1edbn v\u1edbi nh\u1eefng bi\u1ebfn \u0111\u1ed9ng \u0111i\u1ec1u ch\u1ec9nh danh m\u1ee5c, nh\u01b0 tr\u01b0\u1eddng h\u1ee3p c\u1ed5 phi\u1ebfu KDH b\u1ecb hai qu\u1ef9 thu\u1ed9c VinaCapital b\u00e1n ra g\u1ea7n 1 tri\u1ec7u \u0111\u01a1n v\u1ecb<\/a>, nh\u1eafc nh\u1edf ch\u00fang ta v\u1ec1 t\u00ednh thanh kho\u1ea3n v\u00e0 s\u1ef1 s\u00e0ng l\u1ecdc kh\u1eaft khe c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/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":"

N\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m ch\u00fa \u00fd c\u1ee7a c\u1ed9ng \u0111\u1ed3ng t\u00e0i ch\u00ednh khi nh\u1eefng t\u00edn hi\u1ec7u t\u00edch c\u1ef1c v\u1ec1 l\u1ed9 tr\u00ecnh n\u00e0y ng\u00e0y c\u00e0ng r\u00f5 n\u00e9t, \u0111\u1eb7c bi\u1ec7t l\u00e0 khi d\u00f2ng v\u1ed1n h\u00e0ng t\u1ef7 USD \u0111ang ch\u1edd \u0111\u1ee3i s\u1ef1 ki\u1ec7n quan tr\u1ecdng v\u00e0o th\u00e1ng 6 t\u1edbi. Trong […]<\/p>\n","protected":false},"author":1,"featured_media":13967,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-13969","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\/13969","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=13969"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/13969\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media\/13967"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=13969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=13969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=13969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}