{"id":15068,"date":"2026-05-15T13:46:47","date_gmt":"2026-05-15T06:46:47","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/15\/khoi-ngoai-ban-rong-2-ty-usd-va-khoang-cach-giua-ky-vong-voi-thuc-te\/"},"modified":"2026-05-15T13:46:47","modified_gmt":"2026-05-15T06:46:47","slug":"khoi-ngoai-ban-rong-2-ty-usd-va-khoang-cach-giua-ky-vong-voi-thuc-te","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/15\/khoi-ngoai-ban-rong-2-ty-usd-va-khoang-cach-giua-ky-vong-voi-thuc-te\/","title":{"rendered":"Kh\u1ed1i ngo\u1ea1i b\u00e1n r\u00f2ng 2 t\u1ef7 USD v\u00e0 kho\u1ea3ng c\u00e1ch gi\u1eefa k\u1ef3 v\u1ecdng v\u1edbi th\u1ef1c t\u1ebf"},"content":{"rendered":"
\n

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam \u0111ang tr\u1ea3i qua m\u1ed9t giai \u0111o\u1ea1n th\u1eed th\u00e1ch v\u1ec1 t\u00e2m l\u00fd khi kh\u1ed1i ngo\u1ea1i li\u00ean t\u1ee5c r\u00fat v\u1ed1n m\u1ea1nh m\u1ebd. T\u1eeb \u0111\u1ea7u n\u0103m 2026 \u0111\u1ebfn nay, gi\u00e1 tr\u1ecb b\u00e1n r\u00f2ng l\u0169y k\u1ebf c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i \u0111\u00e3 ch\u1ea1m ng\u01b0\u1ee1ng 53.000 t\u1ef7 \u0111\u1ed3ng, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng kho\u1ea3ng 2 t\u1ef7 USD. Con s\u1ed1 n\u00e0y kh\u00f4ng ch\u1ec9 v\u01b0\u1ee3t xa m\u1ee9c k\u1ef3 v\u1ecdng 1,3 t\u1ef7 USD v\u1ed1n t\u1eeb c\u00e1c qu\u1ef9 ETF d\u1ef1 ki\u1ebfn \u0111\u1ed5 v\u00e0o th\u1ecb tr\u01b0\u1eddng sau l\u1ed9 tr\u00ecnh n\u00e2ng h\u1ea1ng, m\u00e0 c\u00f2n \u0111\u1eb7t ra nh\u1eefng d\u1ea5u h\u1ecfi l\u1edbn v\u1ec1 \u0111\u1ed9ng l\u1ef1c d\u00f2ng ti\u1ec1n trong b\u1ed1i c\u1ea3nh hi\u1ec7n t\u1ea1i.<\/p>\n

\n \"Kh\u1ed1i
\u1ea2nh t\u1eeb ngu\u1ed3n: vneconomy.vn<\/em><\/figcaption><\/figure>\n

B\u1ea3n ch\u1ea5t c\u1ee7a d\u00f2ng v\u1ed1n ngo\u1ea1i trong chu\u1ed7i b\u00e1n r\u00f2ng k\u00e9o d\u00e0i<\/h2>\n

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam hi\u1ec7n \u0111ang ghi nh\u1eadn chu\u1ed7i b\u00e1n r\u00f2ng k\u00e9o d\u00e0i nh\u1ea5t k\u1ec3 t\u1eeb th\u00e1ng 10 n\u0103m ngo\u00e1i. Ch\u1ec9 t\u00ednh ri\u00eang tr\u00ean s\u00e0n HoSE, kh\u1ed1i ngo\u1ea1i \u0111\u00e3 th\u1ef1c hi\u1ec7n chu\u1ed7i 14 phi\u00ean b\u00e1n r\u00f2ng li\u00ean ti\u1ebfp v\u1edbi gi\u00e1 tr\u1ecb h\u01a1n 13.000 t\u1ef7 \u0111\u1ed3ng th\u00f4ng qua k\u00eanh kh\u1edbp l\u1ec7nh. N\u1ebfu l\u1ea5y c\u1ed9t m\u1ed1c ng\u00e0y 8\/4\/2026 \u2013 th\u1eddi \u0111i\u1ec3m H\u1ed9i \u0111\u1ed3ng Qu\u1ea3n tr\u1ecb Ch\u1ec9 s\u1ed1 c\u1ee7a FTSE Russell x\u00e1c nh\u1eadn l\u1ed9 tr\u00ecnh n\u00e2ng h\u1ea1ng t\u1eeb Th\u1ecb tr\u01b0\u1eddng C\u1eadn bi\u00ean l\u00ean Th\u1ecb tr\u01b0\u1eddng M\u1edbi n\u1ed5i Th\u1ee9 c\u1ea5p \u2013 l\u00e0m \u0111i\u1ec3m t\u1ef1a, nh\u00e0 \u0111\u1ea7u t\u01b0 ngo\u1ea1i \u0111\u00e3 r\u00fat r\u00f2ng t\u1edbi 21.400 t\u1ef7 \u0111\u1ed3ng tr\u00ean th\u1ecb tr\u01b0\u1eddng c\u1ed5 phi\u1ebfu. S\u1ef1 d\u1ecbch chuy\u1ec3n n\u00e0y ph\u1ea3n \u00e1nh m\u1ed9t th\u1ef1c t\u1ebf r\u1eb1ng, d\u00f9 k\u1ef3 v\u1ecdng n\u00e2ng h\u1ea1ng l\u00e0 m\u1ed9t “ch\u1ea5t x\u00fac t\u00e1c” m\u1ea1nh m\u1ebd cho t\u0103ng tr\u01b0\u1edfng d\u00e0i h\u1ea1n, nh\u01b0ng trong ng\u1eafn h\u1ea1n, c\u00e1c y\u1ebfu t\u1ed1 v\u1ec1 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7, ch\u00ednh s\u00e1ch t\u00e0i kh\u00f3a v\u00e0 t\u0103ng tr\u01b0\u1edfng EPS c\u1ee7a t\u1eebng doanh nghi\u1ec7p v\u1eabn gi\u1eef vai tr\u00f2 quy\u1ebft \u0111\u1ecbnh \u0111\u1ebfn s\u1ee9c kh\u1ecfe th\u1ecb tr\u01b0\u1eddng nh\u01b0 Ch\u1ee9ng kho\u00e1n BSC t\u1eebng l\u01b0u \u00fd.<\/p>\n

\u0110i\u1ec1u n\u00e0y c\u0169ng ph\u1ea7n n\u00e0o ph\u1ea3n \u00e1nh s\u1ef1 th\u1eadn tr\u1ecdng trong qu\u00e1 tr\u00ecnh v\u1eadn h\u00e0nh c\u1ee7a d\u00f2ng ti\u1ec1n, t\u01b0\u01a1ng t\u1ef1 nh\u01b0 nh\u1eefng g\u00ec \u0111\u01b0\u1ee3c ph\u00e2n t\u00edch s\u00e2u h\u01a1n v\u1ec1 t\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng qua b\u00e0i vi\u1ebft VN-Index \u0111\u1ec9nh cao l\u1ecbch s\u1eed v\u00e0 s\u1ef1 th\u1eadn tr\u1ecdng t\u1eeb d\u00f2ng ti\u1ec1n<\/a>. Th\u1ef1c t\u1ebf, khi c\u00e1c d\u00f2ng v\u1ed1n l\u1edbn c\u00f3 s\u1ef1 \u0111i\u1ec1u ch\u1ec9nh, nh\u1eefng bi\u1ebfn \u0111\u1ed9ng t\u1ea1i nh\u00f3m tr\u1ee5 c\u1ed9t nh\u01b0 ng\u00e2n h\u00e0ng c\u0169ng tr\u1edf th\u00e0nh ti\u00eau \u0111i\u1ec3m \u0111\u00e1ng ch\u00fa \u00fd, \u0111\u00fang nh\u01b0 nh\u1eadn \u0111\u1ecbnh v\u1ec1 tr\u1ee5 ng\u00e2n h\u00e0ng v\u00e0 s\u1ee9c m\u1ea1nh lu\u00e2n chuy\u1ec3n tr\u00ean s\u00e0n ch\u1ee9ng kho\u00e1n<\/a> trong th\u1eddi gian qua.<\/p>\n

Khi kho\u1ea3ng tr\u1ed1ng t\u1ef7 tr\u1ecdng t\u1ea1o ra \u00e1p l\u1ef1c t\u00e1i ph\u00e2n b\u1ed5<\/h2>\n

Nh\u00ecn s\u00e2u v\u00e0o b\u1ea3n ch\u1ea5t c\u1ee7a d\u00f2ng v\u1ed1n khi ph\u00e2n lo\u1ea1i l\u1ea1i th\u1ecb tr\u01b0\u1eddng, vi\u1ec7c n\u00e2ng h\u1ea1ng kh\u00f4ng \u0111\u01a1n thu\u1ea7n l\u00e0 m\u1ed9t c\u00fa h\u00edch thu h\u00fat ti\u1ec1n m\u1edbi. \u0110\u00f3 l\u00e0 m\u1ed9t qu\u00e1 tr\u00ecnh t\u00e1i ph\u00e2n b\u1ed5 danh m\u1ee5c \u0111\u1ea7y ph\u1ee9c t\u1ea1p. Khi m\u1ed9t qu\u1ed1c gia \u0111\u01b0\u1ee3c n\u00e2ng t\u1eeb Frontier l\u00ean Emerging, c\u00e1c c\u1ed5 phi\u1ebfu thu\u1ed9c ch\u1ec9 s\u1ed1 c\u0169 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c mua v\u00e0o \u0111\u1ec3 l\u1ea5p \u0111\u1ea7y kho\u1ea3ng tr\u1ed1ng t\u1ef7 tr\u1ecdng, nh\u01b0ng ng\u01b0\u1ee3c l\u1ea1i, \u00e1p l\u1ef1c b\u00e1n s\u1ebd gia t\u0103ng \u0111\u00e1ng k\u1ec3 \u0111\u1ed1i v\u1edbi c\u00e1c th\u00e0nh ph\u1ea7n trong ch\u1ec9 s\u1ed1 m\u1edbi. Theo th\u1ed1ng k\u00ea t\u1eeb Bloomberg, d\u00f9 l\u1ecbch s\u1eed cho th\u1ea5y d\u00f2ng v\u1ed1n th\u01b0\u1eddng t\u0103ng g\u1ea5p 5-7 l\u1ea7n sau khi n\u00e2ng h\u1ea1ng, nh\u01b0 v\u00ed d\u1ee5 c\u1ee7a Trung Qu\u1ed1c hay \u1ea2-r\u1eadp-X\u00ea-\u00fat, nh\u01b0ng \u0111i\u1ec1u \u0111\u00f3 kh\u00f4ng bao gi\u1edd di\u1ec5n ra theo m\u1ed9t \u0111\u01b0\u1eddng th\u1eb3ng t\u1eafp m\u00e0 lu\u00f4n b\u1ecb chi ph\u1ed1i b\u1edfi b\u1ed1i c\u1ea3nh v\u0129 m\u00f4 to\u00e0n c\u1ea7u.<\/p>\n

Hi\u1ec7n nay, r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb t\u1ea1i khu v\u1ef1c Trung \u0110\u00f4ng \u0111ang khi\u1ebfn \u0111\u1ecbnh gi\u00e1 c\u00e1c th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n to\u00e0n c\u1ea7u b\u1ecb ph\u00e2n h\u00f3a m\u1ea1nh m\u1ebd. D\u00f2ng ti\u1ec1n c\u00f3 xu h\u01b0\u1edbng tr\u00fa \u1ea9n v\u00e0o c\u00e1c qu\u1ef9 tr\u00e1i phi\u1ebfu trung h\u1ea1n b\u1eb1ng USD M\u1ef9, v\u1ed1n \u0111ang ghi nh\u1eadn m\u1ee9c h\u00fat r\u00f2ng l\u1edbn nh\u1ea5t k\u1ec3 t\u1eeb \u0111\u1ea7u th\u00e1ng 2\/2026. Trong khi \u0111\u00f3, t\u1ea1i khu v\u1ef1c ch\u00e2u \u00c1, s\u1ef1 ph\u00e2n h\u00f3a c\u0169ng r\u1ea5t r\u00f5 r\u1ec7t khi \u0110\u00e0i Loan \u0111ang thu h\u00fat m\u1ea1nh d\u00f2ng v\u1ed1n ngo\u1ea1i, t\u1ea1o ra m\u1ed9t b\u1ee9c tranh tr\u00e1i ng\u01b0\u1ee3c ho\u00e0n to\u00e0n v\u1edbi \u00e1p l\u1ef1c b\u00e1n r\u00f2ng t\u1ea1i Vi\u1ec7t Nam.<\/p>\n

Tri\u1ec3n v\u1ecdng t\u1eeb nh\u1eefng c\u1ed9t m\u1ed1c gi\u1ea3i ng\u00e2n m\u1edbi<\/h2>\n

D\u00f9 \u00e1p l\u1ef1c b\u00e1n r\u00f2ng t\u1eeb kh\u1ed1i ngo\u1ea1i \u0111ang l\u00e0 ch\u1ee7 \u0111\u1ea1o, FTSE Russell v\u1eabn \u0111ang c\u1eadp nh\u1eadt l\u1ed9 tr\u00ecnh c\u1ee5 th\u1ec3 cho th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam. Danh s\u00e1ch c\u00e1c c\u1ed5 phi\u1ebfu kh\u1ea3 n\u0103ng l\u1ecdt v\u00e0o r\u1ed5 ch\u1ec9 s\u1ed1 hi\u1ec7n bao g\u1ed3m 23 m\u00e3, gi\u1ea3m so v\u1edbi con s\u1ed1 32 m\u00e3 trong b\u00e1o c\u00e1o tr\u01b0\u1edbc \u0111\u00e2y. D\u1ef1a tr\u00ean d\u1eef li\u1ec7u \u0111\u1ebfn ng\u00e0y 31\/3\/2026, t\u1ed5ng v\u1ed1n \u01b0\u1edbc t\u00ednh t\u1eeb c\u00e1c qu\u1ef9 ETF v\u00e0o Vi\u1ec7t Nam v\u1eabn \u1edf m\u1ee9c 1,3 t\u1ef7 USD.<\/p>\n

Theo \u01b0\u1edbc t\u00ednh t\u1eeb SSI Research, l\u1ed9 tr\u00ecnh gi\u1ea3i ng\u00e2n n\u00e0y s\u1ebd di\u1ec5n ra theo t\u1eebng giai \u0111o\u1ea1n quan tr\u1ecdng. C\u1ee5 th\u1ec3, 10% s\u1ebd b\u1eaft \u0111\u1ea7u gi\u1ea3i ng\u00e2n v\u00e0o \u0111\u1ea7u th\u00e1ng 9\/2026, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng 130 tri\u1ec7u USD. Sau \u0111\u00f3, c\u00e1c giai \u0111o\u1ea1n ti\u1ebfp theo s\u1ebd k\u00e9o d\u00e0i \u0111\u1ebfn th\u00e1ng 9\/2027 v\u1edbi c\u00e1c m\u1ee9c gi\u1ea3i ng\u00e2n l\u1ea7n l\u01b0\u1ee3t l\u00e0 260 tri\u1ec7u USD, 455 tri\u1ec7u USD v\u00e0 455 tri\u1ec7u USD. \u0110\u00e2y l\u00e0 nh\u1eefng c\u1ed9t m\u1ed1c th\u1ef1c t\u1ebf m\u00e0 th\u1ecb tr\u01b0\u1eddng c\u1ea7n theo d\u00f5i, b\u00ean c\u1ea1nh b\u00e0i to\u00e1n v\u1ec1 qu\u1ea3n tr\u1ecb b\u1ec1n v\u1eefng c\u1ee7a c\u00e1c doanh nghi\u1ec7p \u0111ang trong l\u1ed9 tr\u00ecnh ni\u00eam y\u1ebft, nh\u01b0 \u0111\u00e3 \u0111\u01b0\u1ee3c th\u1ea3o lu\u1eadn t\u1ea1i b\u00e0i vi\u1ebft c\u1ed5 ph\u1ea7n h\u00f3a doanh nghi\u1ec7p nh\u00e0 n\u01b0\u1edbc v\u00e0 b\u00e0i to\u00e1n ni\u00eam y\u1ebft b\u1ec1n v\u1eefng<\/a>.<\/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":"

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam \u0111ang tr\u1ea3i qua m\u1ed9t giai \u0111o\u1ea1n th\u1eed th\u00e1ch v\u1ec1 t\u00e2m l\u00fd khi kh\u1ed1i ngo\u1ea1i li\u00ean t\u1ee5c r\u00fat v\u1ed1n m\u1ea1nh m\u1ebd. T\u1eeb \u0111\u1ea7u n\u0103m 2026 \u0111\u1ebfn nay, gi\u00e1 tr\u1ecb b\u00e1n r\u00f2ng l\u0169y k\u1ebf c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i \u0111\u00e3 ch\u1ea1m ng\u01b0\u1ee1ng 53.000 t\u1ef7 \u0111\u1ed3ng, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng kho\u1ea3ng 2 t\u1ef7 […]<\/p>\n","protected":false},"author":1,"featured_media":15065,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[44],"tags":[],"class_list":["post-15068","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\/15068","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=15068"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/15068\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media\/15065"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=15068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=15068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=15068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}