{"id":2823,"date":"2026-04-07T00:21:36","date_gmt":"2026-04-06T17:21:36","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/04\/07\/mua-kqkd-q1-2026-loi-nhuan-phan-hoa-manh-me-dinh-hinh-lai-buc-tranh-thi-truong-chung\/"},"modified":"2026-04-07T00:21:36","modified_gmt":"2026-04-06T17:21:36","slug":"mua-kqkd-q1-2026-loi-nhuan-phan-hoa-manh-me-dinh-hinh-lai-buc-tranh-thi-truong-chung","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/04\/07\/mua-kqkd-q1-2026-loi-nhuan-phan-hoa-manh-me-dinh-hinh-lai-buc-tranh-thi-truong-chung\/","title":{"rendered":"M\u00f9a KQKD Q1\/2026: L\u1ee3i nhu\u1eadn ph\u00e2n h\u00f3a m\u1ea1nh m\u1ebd, \u0111\u1ecbnh h\u00ecnh l\u1ea1i b\u1ee9c tranh th\u1ecb tr\u01b0\u1eddng chung?"},"content":{"rendered":"
\n

M\u00f9a c\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3 kinh doanh qu\u00fd 1\/2026 \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m ch\u00fa \u00fd c\u1ee7a gi\u1edbi \u0111\u1ea7u t\u01b0, \u0111\u1eb7c bi\u1ec7t trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam v\u1eabn v\u1eadn \u0111\u1ed9ng gi\u1eb1ng co v\u00e0 d\u00f2ng ti\u1ec1n c\u00f3 s\u1ef1 ph\u00e2n h\u00f3a r\u00f5 r\u1ec7t. Kh\u00f4ng ch\u1ec9 l\u00e0 c\u01a1 s\u1edf \u0111\u1ecbnh gi\u00e1, tri\u1ec3n v\u1ecdng l\u1ee3i nhu\u1eadn c\u00f2n \u0111\u00f3ng vai tr\u00f2 \u0111i\u1ec3m t\u1ef1a t\u00e2m l\u00fd quan tr\u1ecdng, h\u00e9 l\u1ed9 nh\u1eefng \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng th\u1ef1c s\u1ef1 v\u00e0 c\u1ea3 nh\u1eefng th\u00e1ch th\u1ee9c ti\u1ec1m \u1ea9n.<\/p>\n

\"tin<\/p>\n

Theo nh\u1eadn \u0111\u1ecbnh t\u1eeb \u00f4ng Nguy\u1ec5n Tr\u1ecdng \u0110\u00ecnh T\u00e2m, Gi\u00e1m \u0111\u1ed1c Kh\u1ed1i T\u01b0 v\u1ea5n \u0111\u1ea7u t\u01b0 Kh\u00e1ch h\u00e0ng C\u00e1 nh\u00e2n Ch\u1ee9ng kho\u00e1n Thi\u00ean Vi\u1ec7t (TVS), b\u1ee9c tranh l\u1ee3i nhu\u1eadn qu\u00fd \u0111\u1ea7u n\u0103m nay s\u1ebd kh\u00f4ng \u0111\u1ed3ng \u0111\u1ec1u m\u00e0 c\u00f3 s\u1ef1 ph\u00e2n h\u00f3a m\u1ea1nh m\u1ebd gi\u1eefa c\u00e1c nh\u00f3m ng\u00e0nh.<\/p>\n

**\u0110\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng t\u1eadp trung \u1edf m\u1ed9t s\u1ed1 nh\u00f3m ng\u00e0nh ch\u1ee7 l\u1ef1c:**<\/p>\n

* **B\u00e1n l\u1ebb:** \u01af\u1edbc t\u00ednh t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn t\u1eeb **25% – 30%** so v\u1edbi c\u00f9ng k\u1ef3. \u0110\u1ed9ng l\u1ef1c ch\u00ednh \u0111\u1ebfn t\u1eeb vi\u1ec7c t\u00e1i c\u01a1 c\u1ea5u hi\u1ec7u qu\u1ea3 c\u00e1c chu\u1ed7i truy\u1ec1n th\u1ed1ng v\u00e0 t\u1ed1c \u0111\u1ed9 m\u1edf r\u1ed9ng t\u00edch c\u1ef1c c\u1ee7a c\u00e1c chu\u1ed7i b\u00e1n l\u1ebb m\u1edbi nh\u01b0 B\u00e1ch H\u00f3a Xanh, Era Blue, Long Ch\u00e2u.
\n* **B\u1ea3o hi\u1ec3m:** L\u00e3i r\u00f2ng \u0111\u01b0\u1ee3c d\u1ef1 b\u00e1o t\u0103ng **15% – 20%**. M\u1ee9c t\u0103ng n\u00e0y ch\u1ee7 y\u1ebfu nh\u1edd m\u1eb7t b\u1eb1ng l\u00e3i su\u1ea5t huy \u0111\u1ed9ng t\u0103ng m\u1ea1nh t\u1eeb cu\u1ed1i n\u0103m 2025, h\u1ed7 tr\u1ee3 \u0111\u00e1ng k\u1ec3 thu nh\u1eadp t\u1eeb ho\u1ea1t \u0111\u1ed9ng \u0111\u1ea7u t\u01b0 ti\u1ec1n g\u1eedi ng\u00e2n h\u00e0ng c\u1ee7a c\u00e1c doanh nghi\u1ec7p trong ng\u00e0nh.
\n* **Ph\u00e2n b\u00f3n:** Ghi nh\u1eadn m\u1ee9c t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn sau thu\u1ebf \u1ea5n t\u01b0\u1ee3ng, l\u00ean t\u1edbi **40% – 50%**. Y\u1ebfu t\u1ed1 then ch\u1ed1t l\u00e0 gi\u00e1 ur\u00ea t\u0103ng m\u1ea1nh do \u1ea3nh h\u01b0\u1edfng t\u1eeb xung \u0111\u1ed9t t\u1ea1i Trung \u0110\u00f4ng v\u00e0 ch\u00ednh s\u00e1ch \u00e1p thu\u1ebf GTGT 5% \u0111\u1ed1i v\u1edbi ph\u00e2n b\u00f3n t\u1eeb th\u00e1ng 7\/2025, tr\u1ef1c ti\u1ebfp c\u1ea3i thi\u1ec7n bi\u00ean l\u1ee3i nhu\u1eadn.
\n* **Th\u00e9p:** D\u1ef1 ki\u1ebfn t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn sau thu\u1ebf kho\u1ea3ng **25% – 30%**. H\u00f2a Ph\u00e1t l\u00e0 \u0111i\u1ec3m s\u00e1ng v\u1edbi \u0111\u00f3ng g\u00f3p t\u1eeb d\u1ef1 \u00e1n Dung Qu\u1ea5t 2. B\u00ean c\u1ea1nh \u0111\u00f3, xu h\u01b0\u1edbng \u0111\u1ea9y m\u1ea1nh gi\u1ea3i ng\u00e2n \u0111\u1ea7u t\u01b0 c\u00f4ng c\u0169ng ti\u1ebfp t\u1ee5c t\u1ea1o d\u01b0 \u0111\u1ecba cho nhu c\u1ea7u ti\u00eau th\u1ee5 th\u00e9p trong n\u01b0\u1edbc.<\/p>\n

**B\u1ee9c tranh to\u00e0n c\u1ea3nh t\u1eeb MBS: L\u1ee3i nhu\u1eadn th\u1ecb tr\u01b0\u1eddng t\u0103ng nh\u01b0ng ph\u00e2n h\u00f3a s\u00e2u s\u1eafc**<\/p>\n

B\u1ed5 sung v\u00e0o c\u00e1i nh\u00ecn t\u1ed5ng th\u1ec3, Ch\u1ee9ng kho\u00e1n MB (MBS) d\u1ef1 ph\u00f3ng l\u1ee3i nhu\u1eadn to\u00e0n th\u1ecb tr\u01b0\u1eddng c\u00f3 th\u1ec3 t\u0103ng kho\u1ea3ng **25%** so v\u1edbi c\u00f9ng k\u1ef3 qu\u00fd 1\/2025. Tuy nhi\u00ean, MBS nh\u1ea5n m\u1ea1nh \u0111\u00e2y l\u00e0 m\u1ee9c t\u0103ng mang t\u00ednh c\u1ee5c b\u1ed9, ch\u01b0a c\u00f3 s\u1ef1 lan t\u1ecfa r\u1ed9ng r\u00e3i khi \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng t\u1eadp trung v\u00e0o m\u1ed9t s\u1ed1 nh\u00f3m ng\u00e0nh ho\u1eb7c doanh nghi\u1ec7p c\u00f3 y\u1ebfu t\u1ed1 \u0111\u1ed9t bi\u1ebfn.<\/p>\n

C\u1ee5 th\u1ec3, nh\u1eefng \u0111i\u1ec3m nh\u1ea5n \u0111\u00e1ng ch\u00fa \u00fd bao g\u1ed3m:<\/p>\n

* **B\u1ea5t \u0111\u1ed9ng s\u1ea3n:** D\u1ef1 ki\u1ebfn t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn **407%**, v\u1edbi \u0111\u00f3ng g\u00f3p l\u1edbn t\u1eeb Vinhomes (VHM).
\n* **D\u1ea7u kh\u00ed:** Ghi nh\u1eadn m\u1ee9c t\u0103ng m\u1ea1nh kho\u1ea3ng **122%**.
\n* **B\u00e1n l\u1ebb:** Ti\u1ebfp t\u1ee5c \u0111\u00e0 t\u00edch c\u1ef1c v\u1edbi m\u1ee9c t\u0103ng kho\u1ea3ng **46%**.<\/p>\n

\u1ede chi\u1ec1u ng\u01b0\u1ee3c l\u1ea1i, m\u1ed9t s\u1ed1 nh\u00f3m ng\u00e0nh \u0111\u01b0\u1ee3c d\u1ef1 b\u00e1o k\u00e9m kh\u1ea3 quan h\u01a1n m\u1eb7t b\u1eb1ng chung:<\/p>\n

* **B\u1ea5t \u0111\u1ed9ng s\u1ea3n khu c\u00f4ng nghi\u1ec7p:** \u01af\u1edbc gi\u1ea3m **23%** do kh\u00f4ng ph\u1ea3i th\u1eddi \u0111i\u1ec3m b\u00e0n giao \u0111\u1ea5t.
\n* **Xu\u1ea5t kh\u1ea9u:** Gi\u1ea3m kho\u1ea3ng **21%**.
\n* **H\u00e0ng kh\u00f4ng:** Gi\u1ea3m **10%** do \u00e1p l\u1ef1c chi ph\u00ed nhi\u00ean li\u1ec7u gia t\u0103ng.<\/p>\n

**C\u1ea3nh b\u00e1o v\u00e0 y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng chung**<\/p>\n

M\u1eb7c d\u00f9 c\u00f3 nh\u1eefng \u0111i\u1ec3m s\u00e1ng, \u00f4ng Nguy\u1ec5n Tr\u1ecdng \u0110\u00ecnh T\u00e2m c\u0169ng l\u01b0u \u00fd r\u1eb1ng m\u1ee9c t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn t\u00edch c\u1ef1c trong qu\u00fd 1\/2026 ch\u01b0a ph\u1ea3n \u00e1nh \u0111\u1ea7y \u0111\u1ee7 t\u00e1c \u0111\u1ed9ng t\u1eeb xung \u0111\u1ed9t t\u1ea1i Trung \u0110\u00f4ng \u0111\u1ed1i v\u1edbi nhi\u1ec1u doanh nghi\u1ec7p. H\u01a1n n\u1eefa, th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n th\u01b0\u1eddng c\u00f3 t\u00ednh ch\u1ea5t “\u0111i tr\u01b0\u1edbc k\u1ef3 v\u1ecdng”, do \u0111\u00f3 di\u1ec5n bi\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu c\u1ee7a kh\u00f4ng \u00edt doanh nghi\u1ec7p ni\u00eam y\u1ebft c\u00f3 th\u1ec3 s\u1ebd kh\u00f4ng ho\u00e0n to\u00e0n \u0111\u1ed3ng pha v\u1edbi xu h\u01b0\u1edbng t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn trong qu\u00fd 1\/2026.<\/p>\n

Nh\u00ecn chung, s\u1ef1 ph\u00e2n h\u00f3a l\u1ee3i nhu\u1eadn m\u1ea1nh m\u1ebd n\u00e0y s\u1ebd ti\u1ebfp t\u1ee5c \u0111\u1ecbnh h\u00ecnh xu h\u01b0\u1edbng giao d\u1ecbch tr\u00ean th\u1ecb tr\u01b0\u1eddng chung<\/a>. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n c\u00f3 chi\u1ebfn l\u01b0\u1ee3c ch\u1ecdn l\u1ecdc k\u1ef9 l\u01b0\u1ee1ng, t\u1eadp trung v\u00e0o nh\u1eefng ng\u00e0nh ngh\u1ec1 c\u00f3 \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng r\u00f5 n\u00e9t v\u00e0 b\u1ec1n v\u1eefng, \u0111\u1ed3ng th\u1eddi c\u1ea9n tr\u1ecdng v\u1edbi c\u00e1c y\u1ebfu t\u1ed1 v\u0129 m\u00f4 v\u00e0 \u0111\u1ecba ch\u00ednh tr\u1ecb c\u00f3 th\u1ec3 g\u00e2y ra bi\u1ebfn \u0111\u1ed9ng b\u1ea5t ng\u1edd.<\/p>\n

*Bi\u00ean t\u1eadp: Ph\u1ed1 Wall (Theo ngu\u1ed3n g\u1ed1c)*\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

M\u00f9a c\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3 kinh doanh qu\u00fd 1\/2026 \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m ch\u00fa \u00fd c\u1ee7a gi\u1edbi \u0111\u1ea7u t\u01b0, \u0111\u1eb7c bi\u1ec7t trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam v\u1eabn v\u1eadn \u0111\u1ed9ng gi\u1eb1ng co v\u00e0 d\u00f2ng ti\u1ec1n c\u00f3 s\u1ef1 ph\u00e2n h\u00f3a r\u00f5 r\u1ec7t. Kh\u00f4ng ch\u1ec9 l\u00e0 c\u01a1 s\u1edf \u0111\u1ecbnh gi\u00e1, tri\u1ec3n v\u1ecdng l\u1ee3i […]<\/p>\n","protected":false},"author":1,"featured_media":2820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":["post-2823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-thi-truong-chung-khoan"],"_links":{"self":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/2823","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=2823"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/2823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media\/2820"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=2823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=2823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=2823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}