{"id":3119,"date":"2026-04-21T23:55:27","date_gmt":"2026-04-21T16:55:27","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/04\/21\/vpbanks-vpx-dat-muc-tieu-lai-ky-luc-hon-6-400-ty-phan-tich-chuyen-sau-sau-dai-hoi-dong-co-dong-2026-2\/"},"modified":"2026-04-21T23:55:27","modified_gmt":"2026-04-21T16:55:27","slug":"vpbanks-vpx-dat-muc-tieu-lai-ky-luc-hon-6-400-ty-phan-tich-chuyen-sau-sau-dai-hoi-dong-co-dong-2026-2","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/04\/21\/vpbanks-vpx-dat-muc-tieu-lai-ky-luc-hon-6-400-ty-phan-tich-chuyen-sau-sau-dai-hoi-dong-co-dong-2026-2\/","title":{"rendered":"VPBankS (VPX) \u0110\u1eb7t M\u1ee5c Ti\u00eau L\u00e3i K\u1ef7 L\u1ee5c H\u01a1n 6.400 T\u1ef7: Ph\u00e2n T\u00edch Chuy\u00ean S\u00e2u Sau \u0110\u1ea1i H\u1ed9i \u0110\u1ed3ng C\u1ed5 \u0110\u00f4ng 2026"},"content":{"rendered":"
\n

C\u00f4ng ty C\u1ed5 ph\u1ea7n Ch\u1ee9ng kho\u00e1n VPBank (VPBankS \u2013 m\u00e3 VPX) v\u1eeba t\u1ed5 ch\u1ee9c th\u00e0nh c\u00f4ng \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng (\u0110H\u0110C\u0110) th\u01b0\u1eddng ni\u00ean 2026, \u0111\u00e1nh d\u1ea5u s\u1ef1 ki\u1ec7n quan tr\u1ecdng \u0111\u1ea7u ti\u00ean k\u1ec3 t\u1eeb khi c\u1ed5 phi\u1ebfu VPX ch\u00ednh th\u1ee9c ni\u00eam y\u1ebft tr\u00ean HOSE. T\u1ea1i \u0111\u1ea1i h\u1ed9i, Ban l\u00e3nh \u0111\u1ea1o \u0111\u00e3 tr\u00ecnh v\u00e0 \u0111\u01b0\u1ee3c c\u1ed5 \u0111\u00f4ng th\u00f4ng qua k\u1ebf ho\u1ea1ch kinh doanh \u0111\u1ea7y tham v\u1ecdng v\u1edbi m\u1ee5c ti\u00eau l\u00e3i tr\u01b0\u1edbc thu\u1ebf \u0111\u1ea1t k\u1ef7 l\u1ee5c h\u01a1n 6.400 t\u1ef7 \u0111\u1ed3ng, c\u00f9ng t\u1ea7m nh\u00ecn chi\u1ebfn l\u01b0\u1ee3c d\u00e0i h\u1ea1n h\u01b0\u1edbng t\u1edbi v\u1ecb th\u1ebf d\u1eabn \u0111\u1ea7u th\u1ecb tr\u01b0\u1eddng. B\u00e0i vi\u1ebft s\u1ebd \u0111i s\u00e2u ph\u00e2n t\u00edch c\u00e1c \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng, l\u1ee3i th\u1ebf c\u1ea1nh tranh v\u00e0 nh\u1eefng c\u01a1 h\u1ed9i\/r\u1ee7i ro cho c\u1ed5 phi\u1ebfu VPX trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i.<\/p>\n

\"H\u00ecnh<\/p>\n

Tham V\u1ecdng T\u0103ng Tr\u01b0\u1edfng L\u1ee3i Nhu\u1eadn K\u1ef7 L\u1ee5c H\u01a1n 6.400 T\u1ef7 \u0110\u1ed3ng Trong N\u0103m 2026<\/h2>\n

N\u0103m 2026, VPBankS \u0111\u1eb7t ra m\u1ed9t k\u1ebf ho\u1ea1ch kinh doanh \u0111\u1ea7y t\u00e1o b\u1ea1o v\u1edbi m\u1ee5c ti\u00eau t\u1ed5ng doanh thu \u0111\u1ea1t 11.074 t\u1ef7 \u0111\u1ed3ng, t\u0103ng 59% so v\u1edbi th\u1ef1c hi\u1ec7n n\u0103m 2025, v\u00e0 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf k\u1ef3 v\u1ecdng \u0111\u1ea1t 6.453 t\u1ef7 \u0111\u1ed3ng, t\u0103ng tr\u01b0\u1edfng \u1ea5n t\u01b0\u1ee3ng 44%. \u0110\u00e2y l\u00e0 n\u0103m th\u1ee9 hai trong chi\u1ebfn l\u01b0\u1ee3c ph\u00e1t tri\u1ec3n 2025-2030, v\u1edbi m\u1ee5c ti\u00eau t\u0103ng tr\u01b0\u1edfng k\u00e9p b\u00ecnh qu\u00e2n 32%\/n\u0103m \u0111\u1ec3 v\u01b0\u01a1n l\u00ean top \u0111\u1ea7u ng\u00e0nh ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam.<\/p>\n

\u0110\u1ec3 c\u1ee7ng c\u1ed1 cho m\u1ee5c ti\u00eau n\u00e0y, k\u1ebft qu\u1ea3 kinh doanh n\u0103m 2025 \u0111\u00e3 ch\u1ee9ng ki\u1ebfn s\u1ef1 b\u1ee9t ph\u00e1 ngo\u1ea1n m\u1ee5c c\u1ee7a VPBankS. Doanh thu \u0111\u1ea1t 7.910 t\u1ef7 \u0111\u1ed3ng, g\u1ea5p h\u01a1n 3 l\u1ea7n n\u0103m 2024, v\u00e0 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf \u0111\u1ea1t 4.476 t\u1ef7 \u0111\u1ed3ng, g\u1ea7n g\u1ea5p 4 l\u1ea7n c\u00f9ng k\u1ef3 v\u00e0 v\u01b0\u1ee3t xa k\u1ebf ho\u1ea1ch \u0111\u1ec1 ra. Th\u00e0nh c\u00f4ng n\u00e0y c\u00f3 n\u1ec1n t\u1ea3ng t\u1eeb \u0111\u1ee3t ch\u00e0o b\u00e1n c\u1ed5 phi\u1ebfu l\u1ea7n \u0111\u1ea7u ra c\u00f4ng ch\u00fang (IPO) v\u00e0o n\u0103m 2025, thu v\u1ec1 g\u1ea7n 13.000 t\u1ef7 \u0111\u1ed3ng, x\u00e1c l\u1eadp k\u1ef7 l\u1ee5c IPO l\u1edbn nh\u1ea5t l\u1ecbch s\u1eed ng\u00e0nh ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam v\u00e0 \u0111\u01b0a VPX ch\u00ednh th\u1ee9c ni\u00eam y\u1ebft tr\u00ean HOSE v\u00e0o th\u00e1ng 12\/2025.<\/p>\n

\u0110\u1ed9ng L\u1ef1c T\u0103ng Tr\u01b0\u1edfng T\u1eeb M\u1ea3ng M\u00f4i Gi\u1edbi, Cho Vay Margin V\u00e0 \u01afu Th\u1ebf Ngu\u1ed3n V\u1ed1n<\/h2>\n

Trong c\u01a1 c\u1ea5u doanh thu, m\u1ea3ng m\u00f4i gi\u1edbi v\u00e0 cho vay k\u00fd qu\u1ef9 (margin) ti\u1ebfp t\u1ee5c \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh l\u00e0 \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng ch\u1ee7 l\u1ef1c. C\u00f4ng ty \u0111\u1eb7t m\u1ee5c ti\u00eau n\u00e2ng th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi tr\u00ean HOSE l\u00ean 5% sau khi \u0111\u00e3 l\u1ecdt v\u00e0o top 10 t\u1eeb cu\u1ed1i n\u0103m 2025. \u0110\u1eb7c bi\u1ec7t, d\u01b0 n\u1ee3 cho vay margin b\u00ecnh qu\u00e2n n\u0103m 2026 d\u1ef1 ki\u1ebfn \u0111\u1ea1t kho\u1ea3ng 49.485 t\u1ef7 \u0111\u1ed3ng, t\u0103ng g\u1ea5p \u0111\u00f4i so v\u1edbi m\u1ee9c b\u00ecnh qu\u00e2n n\u0103m tr\u01b0\u1edbc.<\/p>\n

T\u1ea1i \u0111\u1ea1i h\u1ed9i, Ban l\u00e3nh \u0111\u1ea1o \u0111\u00e3 gi\u1ea3i \u0111\u00e1p chi ti\u1ebft v\u1ec1 kh\u1ea3 n\u0103ng \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee5c ti\u00eau margin trong b\u1ed1i c\u1ea3nh l\u00e3i su\u1ea5t t\u0103ng. D\u01b0 n\u1ee3 margin c\u1ee7a VPBankS \u0111\u00e3 t\u0103ng t\u1eeb 34.000 t\u1ef7 \u0111\u1ed3ng cu\u1ed1i n\u0103m 2025 l\u00ean h\u01a1n 38.000 t\u1ef7 \u0111\u1ed3ng t\u00ednh \u0111\u1ebfn cu\u1ed1i qu\u00fd I\/2026. M\u1eb7c d\u00f9 l\u00e3i su\u1ea5t c\u00f3 xu h\u01b0\u1edbng t\u0103ng, c\u00f4ng ty v\u1eabn duy tr\u00ec \u0111\u00e0 t\u0103ng tr\u01b0\u1edfng nh\u1edd v\u00e0o l\u1ee3i th\u1ebf v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu d\u1ed3i d\u00e0o (g\u1ea7n 13.000 t\u1ef7 \u0111\u1ed3ng t\u1eeb IPO), gi\u00fap duy tr\u00ec m\u1ee9c l\u00e3i su\u1ea5t c\u1ea1nh tranh.<\/p>\n

Ban l\u00e3nh \u0111\u1ea1o c\u0169ng nh\u1eadn \u0111\u1ecbnh nhu c\u1ea7u vay margin tr\u00ean th\u1ecb tr\u01b0\u1eddng v\u1eabn r\u1ea5t l\u1edbn. Trong khi t\u0103ng tr\u01b0\u1edfng t\u00edn d\u1ee5ng c\u1ee7a h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng d\u1ef1 ki\u1ebfn ch\u1ec9 kho\u1ea3ng 15% n\u0103m 2026 (th\u1ea5p h\u01a1n 19% n\u0103m 2025), nhu c\u1ea7u vay v\u1ed1n qua k\u00eanh margin c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ebd ti\u1ebfp t\u1ee5c gia t\u0103ng. Thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng trong qu\u00fd I\/2026 duy tr\u00ec \u1edf m\u1ee9c cao (kho\u1ea3ng 35.000 t\u1ef7 \u0111\u1ed3ng\/phi\u00ean, cao h\u01a1n 29.000 t\u1ef7 \u0111\u1ed3ng\/phi\u00ean c\u1ee7a n\u0103m 2025), cho th\u1ea5y s\u1ee9c h\u1ea5p th\u1ee5 v\u00e0 n\u0103ng l\u1ef1c c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam \u0111\u00e3 c\u1ea3i thi\u1ec7n. V\u1edbi d\u01b0 \u0111\u1ecba cho vay margin c\u00f2n l\u1edbn (kho\u1ea3ng 30.000 \u2013 33.000 t\u1ef7 \u0111\u1ed3ng), VPBankS c\u00f3 l\u1ee3i th\u1ebf v\u01b0\u1ee3t tr\u1ed9i so v\u1edbi c\u00e1c c\u00f4ng ty b\u1ecb h\u1ea1n ch\u1ebf v\u1ec1 ngu\u1ed3n v\u1ed1n, qua \u0111\u00f3 thu h\u00fat th\u00eam kh\u00e1ch h\u00e0ng, \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 l\u1edbn.<\/p>\n

S\u1ee9c M\u1ea1nh H\u1ec7 Sinh Th\u00e1i v\u00e0 T\u1ea7m Nh\u00ecn Ng\u00e2n H\u00e0ng \u0110\u1ea7u T\u01b0 To\u00e0n Di\u1ec7n<\/h2>\n

L\u1ee3i th\u1ebf c\u1ea1nh tranh v\u01b0\u1ee3t tr\u1ed9i c\u1ee7a VPBankS \u0111\u1ebfn t\u1eeb vi\u1ec7c l\u00e0 m\u1ed9t m\u1eaft x\u00edch quan tr\u1ecdng trong h\u1ec7 sinh th\u00e1i c\u1ee7a ng\u00e2n h\u00e0ng m\u1eb9 VPBank, m\u1ed9t t\u1ed5 ch\u1ee9c \u0111\u00e3 c\u00f3 h\u01a1n 33 n\u0103m ph\u00e1t tri\u1ec3n v\u1edbi g\u1ea7n 10 c\u00f4ng ty th\u00e0nh vi\u00ean v\u00e0 ph\u1ee5c v\u1ee5 g\u1ea7n 4 tri\u1ec7u kh\u00e1ch h\u00e0ng. S\u1ef1 \u0111\u1ed3ng h\u00e0nh c\u1ee7a \u0111\u1ed1i t\u00e1c chi\u1ebfn l\u01b0\u1ee3c T\u1eadp \u0111o\u00e0n SMBC (Nh\u1eadt B\u1ea3n) trong 5 n\u0103m g\u1ea7n \u0111\u00e2y c\u0169ng g\u00f3p ph\u1ea7n quan tr\u1ecdng, gi\u00fap VPBankS huy \u0111\u1ed9ng h\u00e0ng tr\u0103m tri\u1ec7u USD t\u1eeb th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf \u2013 \u0111i\u1ec1u kh\u00f3 c\u00f3 th\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c v\u1edbi m\u1ed9t c\u00f4ng ty m\u1edbi ho\u1ea1t \u0111\u1ed9ng.<\/p>\n

VPBankS \u0111\u1ecbnh h\u01b0\u1edbng tr\u1edf th\u00e0nh m\u1ed9t \u0111\u1ecbnh ch\u1ebf ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 (IB) h\u00e0ng \u0111\u1ea7u, m\u1edf r\u1ed9ng sang c\u00e1c ho\u1ea1t \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng v\u1ed1n c\u1ed5 ph\u1ea7n (ECM), th\u1ecb tr\u01b0\u1eddng v\u1ed1n n\u1ee3 (DCM), M&A, IPO, v\u00e0 qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n. M\u1ee5c ti\u00eau d\u00e0i h\u1ea1n \u0111\u1ebfn n\u0103m 2030 l\u00e0 d\u1eabn \u0111\u1ea7u th\u1ecb tr\u01b0\u1eddng v\u1ec1 t\u1ed5ng t\u00e0i s\u1ea3n v\u00e0 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf, n\u1eb1m trong top 2 v\u1ec1 th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi v\u00e0 ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0, v\u1edbi t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng k\u00e9p 32%\/n\u0103m v\u00e0 t\u1ef7 l\u1ec7 CIR ki\u1ec3m so\u00e1t \u1edf m\u1ee9c 23-25%.<\/p>\n

Trong m\u1ea3ng \u0111\u1ea7u t\u01b0 c\u1ed5 phi\u1ebfu, c\u00f4ng ty kh\u00f4ng ch\u1ec9 t\u1eadp trung v\u00e0o ho\u1ea1t \u0111\u1ed9ng t\u1ef1 doanh linh ho\u1ea1t m\u00e0 c\u00f2n g\u1eafn ch\u1eb7t v\u1edbi ho\u1ea1t \u0111\u1ed9ng t\u01b0 v\u1ea5n ph\u00e1t h\u00e0nh. V\u1edbi quy m\u00f4 v\u1ed1n l\u1edbn v\u00e0 n\u0103ng l\u1ef1c t\u00e0i ch\u00ednh, VPBankS \u0111\u1eb7t m\u1ee5c ti\u00eau t\u01b0 v\u1ea5n ph\u00e1t h\u00e0nh 28.000 t\u1ef7 \u0111\u1ed3ng ECM trong n\u0103m 2026 (t\u0103ng t\u1eeb 20.000 t\u1ef7 n\u0103m 2025). C\u00f4ng ty \u0111\u1ecbnh h\u01b0\u1edbng \u0111\u1ea7u t\u01b0 chi\u1ebfn l\u01b0\u1ee3c v\u00e0o ch\u00ednh c\u00e1c doanh nghi\u1ec7p \u0111\u01b0\u1ee3c t\u01b0 v\u1ea5n, d\u1ef1a tr\u00ean s\u1ef1 hi\u1ec3u bi\u1ebft s\u00e2u s\u1eafc v\u1ec1 t\u00ecnh h\u00ecnh t\u00e0i ch\u00ednh, ho\u1ea1t \u0111\u1ed9ng v\u00e0 qu\u1ea3n tr\u1ecb, t\u1ed1i \u01b0u h\u00f3a an to\u00e0n v\u00e0 hi\u1ec7u qu\u1ea3.<\/p>\n

Ti\u1ec1m N\u0103ng \u0110\u1ed9t Ph\u00e1 V\u1edbi Th\u1ecb Tr\u01b0\u1eddng T\u00e0i S\u1ea3n S\u1ed1 v\u00e0 H\u1ec7 Sinh Th\u00e1i Qu\u1ea3n L\u00fd T\u00e0i S\u1ea3n<\/h2>\n

\u0110i\u1ec3m nh\u1ea5n \u0111\u00e1ng ch\u00fa \u00fd trong chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a VPBankS l\u00e0 \u0111\u1ecbnh h\u01b0\u1edbng tham gia th\u1ecb tr\u01b0\u1eddng t\u00e0i s\u1ea3n s\u1ed1. Ban l\u00e3nh \u0111\u1ea1o kh\u1eb3ng \u0111\u1ecbnh \u0111\u00e3 ch\u1ee7 \u0111\u1ed9ng chu\u1ea9n b\u1ecb v\u1ec1 ngu\u1ed3n l\u1ef1c, h\u1ec7 th\u1ed1ng v\u00e0 h\u1ea1 t\u1ea7ng trong g\u1ea7n m\u1ed9t n\u0103m qua \u0111\u1ec3 s\u1eb5n s\u00e0ng tham gia khi c\u01a1 quan qu\u1ea3n l\u00fd cho ph\u00e9p. C\u00f4ng ty \u0111\u00e3 tham gia th\u00e0nh l\u1eadp c\u00f4ng ty v\u1eadn h\u00e0nh s\u00e0n giao d\u1ecbch t\u00e0i s\u1ea3n m\u00e3 h\u00f3a v\u1edbi c\u00e1c \u0111\u1ed1i t\u00e1c qu\u1ed1c t\u1ebf l\u1edbn nh\u01b0 m\u1ed9t t\u1eadp \u0111o\u00e0n c\u00f4ng ngh\u1ec7 blockchain to\u00e0n c\u1ea7u v\u00e0 m\u1ed9t s\u00e0n giao d\u1ecbch t\u00e0i s\u1ea3n s\u1ed1 h\u00e0ng \u0111\u1ea7u t\u1ea1i H\u1ed3ng K\u00f4ng \u2013 nh\u1eefng \u0111\u01a1n v\u1ecb c\u00f3 kinh nghi\u1ec7m v\u1eadn h\u00e0nh t\u1ea1i c\u00e1c th\u1ecb tr\u01b0\u1eddng ph\u00e1t tri\u1ec3n.<\/p>\n

VPBankS tin r\u1eb1ng t\u00e0i s\u1ea3n s\u1ed1 trong t\u01b0\u01a1ng lai s\u1ebd kh\u00f4ng ch\u1ec9 gi\u1edbi h\u1ea1n \u1edf ti\u1ec1n m\u00e3 h\u00f3a m\u00e0 c\u00f2n m\u1edf r\u1ed9ng sang nhi\u1ec1u s\u1ea3n ph\u1ea9m t\u00e0i ch\u00ednh kh\u00e1c \u1ee9ng d\u1ee5ng c\u00f4ng ngh\u1ec7 blockchain. S\u1ef1 h\u1ee3p t\u00e1c n\u00e0y t\u1eadn d\u1ee5ng th\u1ebf m\u1ea1nh c\u00f4ng ngh\u1ec7 v\u00e0 v\u1eadn h\u00e0nh c\u1ee7a \u0111\u1ed1i t\u00e1c, k\u1ebft h\u1ee3p v\u1edbi l\u1ee3i th\u1ebf h\u1ec7 sinh th\u00e1i t\u00e0i ch\u00ednh v\u00e0 th\u1ecb tr\u01b0\u1eddng trong n\u01b0\u1edbc c\u1ee7a VPBankS, nh\u1eb1m x\u00e2y d\u1ef1ng n\u1ec1n t\u1ea3ng k\u1ebft n\u1ed1i \u0111a d\u1ea1ng lo\u1ea1i t\u00e0i s\u1ea3n cho nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n

Song song \u0111\u00f3, vi\u1ec7c ho\u00e0n t\u1ea5t th\u00e0nh l\u1eadp c\u00f4ng ty qu\u1ea3n l\u00fd qu\u1ef9 (d\u1ef1 ki\u1ebfn \u0111i v\u00e0o ho\u1ea1t \u0111\u1ed9ng s\u1edbm) s\u1ebd g\u00f3p ph\u1ea7n ho\u00e0n thi\u1ec7n h\u1ec7 sinh th\u00e1i \u0111\u1ea7u t\u01b0 to\u00e0n di\u1ec7n c\u1ee7a VPBank, bao g\u1ed3m ch\u1ee9ng kho\u00e1n, b\u1ea3o hi\u1ec3m, ng\u00e2n h\u00e0ng v\u00e0 d\u1ecbch v\u1ee5 private banking, v\u1edbi qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n l\u00e0 c\u1ea5u ph\u1ea7n quan tr\u1ecdng. T\u1ea5t c\u1ea3 c\u00e1c ho\u1ea1t \u0111\u1ed9ng tri\u1ec3n khai \u0111\u1ec1u \u0111\u1eb7t \u01b0u ti\u00ean cao nh\u1ea5t v\u00e0o y\u1ebfu t\u1ed1 an to\u00e0n, tu\u00e2n th\u1ee7 ph\u00e1p l\u00fd v\u00e0 ph\u00f9 h\u1ee3p v\u1edbi ch\u1ee7 tr\u01b0\u01a1ng c\u1ee7a Nh\u00e0 n\u01b0\u1edbc.<\/p>\n

\u0110\u1ecbnh Gi\u00e1 C\u1ed5 Phi\u1ebfu VPX V\u00e0 Tri\u1ec3n V\u1ecdng D\u00e0i H\u1ea1n<\/h2>\n

V\u1ec1 \u0111\u1ecbnh gi\u00e1 c\u1ed5 phi\u1ebfu, sau giai \u0111o\u1ea1n t\u0103ng m\u1ea1nh sau ni\u00eam y\u1ebft l\u00ean 34.500 \u0111\u1ed3ng\/c\u1ed5 phi\u1ebfu, VPX \u0111\u00e3 \u0111i\u1ec1u ch\u1ec9nh gi\u1ea3m trong c\u00e1c th\u00e1ng sau \u0111\u00f3 do di\u1ec5n bi\u1ebfn chung c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ecbu \u1ea3nh h\u01b0\u1edfng b\u1edfi c\u00e1c y\u1ebfu t\u1ed1 v\u0129 m\u00f4 nh\u01b0 c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb, bi\u1ebfn \u0111\u1ed9ng gi\u00e1 d\u1ea7u v\u00e0 l\u00e3i su\u1ea5t. Hi\u1ec7n t\u1ea1i, c\u1ed5 phi\u1ebfu VPX \u0111ang giao d\u1ecbch v\u1edbi P\/B kho\u1ea3ng 1,62 l\u1ea7n v\u00e0 P\/E kho\u1ea3ng 12,69 l\u1ea7n.<\/p>\n

Ban l\u00e3nh \u0111\u1ea1o \u0111\u00e1nh gi\u00e1 \u0111\u00e2y l\u00e0 m\u1ee9c \u0111\u1ecbnh gi\u00e1 t\u01b0\u01a1ng \u0111\u1ed1i h\u1ee3p l\u00fd v\u00e0 v\u1eabn c\u00f2n d\u01b0 \u0111\u1ecba t\u0103ng tr\u01b0\u1edfng. So v\u1edbi trung b\u00ecnh ng\u00e0nh ch\u1ee9ng kho\u00e1n (P\/B kho\u1ea3ng 2,1 l\u1ea7n v\u00e0 P\/E kho\u1ea3ng 14,74 l\u1ea7n), c\u00e1c ch\u1ec9 s\u1ed1 c\u1ee7a VPX \u0111ang \u1edf m\u1ee9c th\u1ea5p h\u01a1n, cho th\u1ea5y ti\u1ec1m n\u0103ng h\u1ea5p d\u1eabn. V\u1edbi n\u1ec1n t\u1ea3ng v\u1eefng ch\u1eafc, tri\u1ec3n v\u1ecdng t\u00edch c\u1ef1c c\u1ee7a th\u1ecb tr\u01b0\u1eddng n\u00f3i chung, \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e2u chuy\u1ec7n n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng v\u00e0 c\u00e1c ch\u00ednh s\u00e1ch h\u1ed7 tr\u1ee3 t\u0103ng tr\u01b0\u1edfng d\u00e0i h\u1ea1n, gi\u00e1 c\u1ed5 phi\u1ebfu VPX \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng s\u1ebd ph\u1ea3n \u00e1nh \u0111\u1ea7y \u0111\u1ee7 h\u01a1n gi\u00e1 tr\u1ecb v\u00e0 ti\u1ec1m n\u0103ng ph\u00e1t tri\u1ec3n c\u1ee7a c\u00f4ng ty trong th\u1eddi gian t\u1edbi.<\/p>\n

C\u01a1 H\u1ed9i v\u00e0 R\u1ee7i Ro \u0110\u1ea7u T\u01b0 C\u1ed5 Phi\u1ebfu VPX<\/h3>\n