{"id":1540,"date":"2016-03-08T06:58:32","date_gmt":"2016-03-08T06:58:32","guid":{"rendered":"http:\/\/khoahocnganhang.org.vn\/news\/?p=1540"},"modified":"2016-03-08T06:58:32","modified_gmt":"2016-03-08T06:58:32","slug":"ts-nguyen-duc-huong-giao-luu-truc-tuyen-ve-xu-huong-ty-gia-nam-2016","status":"publish","type":"post","link":"http:\/\/khoahocnganhang.org.vn\/news\/vi\/ts-nguyen-duc-huong-giao-luu-truc-tuyen-ve-xu-huong-ty-gia-nam-2016\/","title":{"rendered":"TS. Nguy\u1ec5n \u0110\u1ee9c H\u01b0\u1edfng giao l\u01b0u tr\u1ef1c tuy\u1ebfn v\u1ec1 xu h\u01b0\u1edbng t\u1ef7 gi\u00e1 n\u0103m 2016"},"content":{"rendered":"<div id=\"content-column\">\n<div class=\"content-inner\">\n<div id=\"main-content\">\n<div id=\"content\">\n<div class=\"article\">\n<div class=\"field\">\n<div class=\"item\">\n<h3 style=\"text-align: justify;\">T\u1eeb ng\u00e0y 04\/01\/2016 v\u1eeba qua, Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc b\u1eaft \u0111\u1ea7u c\u00f4ng b\u1ed1 t\u1ef7 gi\u00e1 trung t\u00e2m c\u1ee7a \u0111\u1ed3ng Vi\u1ec7t Nam v\u1edbi USD. C\u01a1 s\u1edf, \u0111i\u1ec1u ki\u1ec7n, m\u1ee5c ti\u00eau, t\u00e1c \u0111\u1ed9ng v\u00e0 \u1ee9ng x\u1eed t\u1eeb thay \u0111\u1ed5i \u0111\u00f3 nh\u01b0 th\u1ebf n\u00e0o khi c\u01a1 ch\u1ebf m\u1edbi \u0111ang \u0111i v\u00e0o th\u1ef1c t\u1ebf th\u1ecb tr\u01b0\u1eddng?<\/h3>\n<p style=\"text-align: justify;\">Nh\u1eb1m t\u1ea1o di\u1ec5n \u0111\u00e0n \u0111a chi\u1ec1u, th\u00f4ng tin v\u00e0 trao \u0111\u1ed5i xoay quanh c\u01a1 ch\u1ebf m\u1edbi n\u00e0y, VnEconomy t\u1ed5 ch\u1ee9c bu\u1ed5i ph\u1ecfng v\u1ea5n tr\u1ef1c tuy\u1ebfn v\u1edbi ch\u1ee7 \u0111\u1ec1 \u201c\u0110\u01b0\u1eddng \u0111i c\u1ee7a t\u1ef7 gi\u00e1 2016\u201d, di\u1ec5n ra t\u1eeb 14h &#8211; 16h30 ng\u00e0y 18\/01\/2016, v\u1edbi s\u1ef1 tham gia c\u1ee7a c\u00e1c di\u1ec5n gi\u1ea3:<\/p>\n<p style=\"text-align: justify;\">&#8211; \u00d4ng B\u00f9i Qu\u1ed1c D\u0169ng, V\u1ee5 tr\u01b0\u1edfng V\u1ee5 Ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 &#8211; Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc Vi\u1ec7t Nam.<\/p>\n<p style=\"text-align: justify;\">&#8211; \u00d4ng L\u00ea Xu\u00e2n Ngh\u0129a, chuy\u00ean gia t\u00e0i ch\u00ednh.<\/p>\n<p style=\"text-align: justify;\">&#8211; \u00d4ng Tr\u1ecbnh Quang Anh, Gi\u00e1m \u0111\u1ed1c Trung t\u00e2m Nghi\u00ean c\u1ee9u kinh t\u1ebf Maritime Bank.<\/p>\n<p style=\"text-align: justify;\">&#8211; \u00d4ng Nguy\u1ec5n \u0110\u1ee9c H\u01b0\u1edfng, Ph\u00f3 Ch\u1ee7 t\u1ecbch Th\u01b0\u1eddng tr\u1ef1c H\u1ed9i \u0111\u1ed3ng Qu\u1ea3n tr\u1ecb Ng\u00e2n h\u00e0ng B\u01b0u \u0111i\u1ec7n Li\u00ean Vi\u1ec7t (LienVietPostBank).<\/p>\n<p style=\"text-align: justify;\">&#8211; \u00d4ng Ph\u1ea1m H\u1ed3ng H\u1ea3i, T\u1ed5ng gi\u00e1m \u0111\u1ed1c Ng\u00e2n h\u00e0ng HSBC Vi\u1ec7t Nam.<\/p>\n<p style=\"text-align: justify;\">D\u01b0\u1edbi \u0111\u00e2y l\u00e0 ph\u1ea7n n\u1ed9i dung trao \u0111\u1ed5i v\u1edbi TS. Nguy\u1ec5n \u0110\u1ee9c H\u01b0\u1edfng t\u1ea1i cu\u1ed9c giao l\u01b0u.<\/p>\n<p style=\"text-align: justify;\"><strong>H\u00e0 Minh, Tp.HCM, Kinh doanh t\u1ef1 do<\/strong><\/p>\n<p style=\"text-align: justify;\"><em>Xin ch\u00e0o c\u00e1c di\u1ec5n gi\u1ea3. T\u00f4i \u0111\u1ecdc b\u00e1o th\u1ea5y n\u00f3i c\u01a1 ch\u1ebf m\u1edbi n\u00e0y s\u1ebd gi\u00fap gi\u1ea3m g\u0103m gi\u1eef v\u00e0 \u0111\u1ea7u c\u01a1 ngo\u1ea1i t\u1ec7, nh\u01b0ng kh\u00f4ng r\u00f5 l\u00e0 gi\u1ea3m \u0111\u01b0\u1ee3c nh\u01b0 th\u1ebf n\u00e0o v\u00e0 v\u00ec sao l\u1ea1i gi\u1ea3m \u0111\u01b0\u1ee3c. Xin c\u00e1c di\u1ec5n gi\u1ea3 tr\u1ea3 l\u1eddi gi\u00fap.<br \/>\n<\/em><strong><br \/>\n\u00d4ng Nguy\u1ec5n \u0110\u1ee9c H\u01b0\u1edfng<br \/>\n<\/strong><br \/>\nTheo t\u00f4i, c\u01a1 ch\u1ebf t\u1ef7 gi\u00e1 trung t\u00e2m ch\u00ednh l\u00e0 s\u1ef1 ch\u1ec9 \u0111\u1ea1o ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 th\u1ef1c hi\u1ec7n theo c\u01a1 ch\u1ebf th\u1ecb tr\u01b0\u1eddng v\u1edbi nh\u1eefng m\u1ee5c ti\u00eau, c\u1ed1t l\u00f5i \u0111\u1ec3 th\u1ef1c hi\u1ec7n sau ch\u1eef: \u201c\u1ed5n \u0111\u1ecbnh\u201d, \u201cn\u00e2ng cao\u201d, \u201cg\u00f3p ph\u1ea7n\u201d v\u00e0 \u201ch\u1ed7 tr\u1ee3\u201d. Trong \u0111\u00f3, m\u1ee5c ti\u00eau bao tr\u00f9m l\u00e0 \u1ed5n \u0111\u1ecbnh t\u1ef7 gi\u00e1 v\u00e0 n\u00e2ng cao gi\u00e1 tr\u1ecb VND; g\u00f3p ph\u1ea7n \u1ed5n \u0111\u1ecbnh kinh t\u1ebf v\u0129 m\u00f4; h\u1ed7 tr\u1ee3 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf.<\/p>\n<p style=\"text-align: justify;\">Vi\u1ec7c th\u1ef1c hi\u1ec7n c\u01a1 ch\u1ebf t\u1ef7 gi\u00e1 trung t\u00e2m ch\u1eafc ch\u1eafn s\u1ebd gi\u1ea3m g\u0103m gi\u1eef v\u00e0 \u0111\u1ea7u c\u01a1 ngo\u1ea1i t\u1ec7; ng\u0103n ch\u1eb7n l\u1ee3i \u00edch nh\u00f3m, v\u00ec tr\u01b0\u1edbc \u0111\u00e2y, vi\u1ec7c c\u00f4ng b\u1ed1 t\u1ef7 gi\u00e1 theo h\u01b0\u1edbng \u201cb\u00ed m\u1eadt\u201d v\u00e0 m\u1ec7nh l\u1ec7nh h\u00e0nh ch\u00ednh t\u1ea1o \u0111i\u1ec1u ki\u1ec7n cho c\u00e1c nh\u00e0 \u0111\u1ea7u c\u01a1 g\u0103m gi\u1eef v\u1edbi vi\u1ec7c d\u1ef1 \u0111o\u00e1n ho\u1eb7c khai th\u00e1c nh\u1eefng b\u00ed m\u1eadt Nh\u00e0 n\u01b0\u1edbc\u2026<\/p>\n<p style=\"text-align: justify;\">Nh\u01b0ng khi th\u1ef1c hi\u1ec7n c\u01a1 ch\u1ebf m\u1edbi, t\u1ef7 gi\u00e1 \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 h\u00e0ng ng\u00e0y, kh\u00f4ng c\u00f2n kho\u1ea3ng tr\u1ed1ng cho \u0111\u1ea7u c\u01a1 v\u00e0 c\u00f4ng khai tr\u00ean c\u01a1 s\u1edf tham chi\u1ebfu th\u1ecb tr\u01b0\u1eddng ti\u1ec1n t\u1ec7 qu\u1ed1c t\u1ebf v\u00e0 cung-c\u1ea7u trong n\u01b0\u1edbc, g\u1ea7n nh\u01b0 b\u1ecbt \u0111\u01b0\u1eddng cho c\u01a1 h\u1ed9i \u0111\u1ea7u c\u01a1, g\u0103m gi\u1eef ngo\u1ea1i t\u1ec7.<\/p>\n<p style=\"text-align: justify;\">Vi\u1ec7c th\u1ef1c hi\u1ec7n c\u01a1 ch\u1ebf m\u1edbi th\u1ec3 hi\u1ec7n r\u00f5 s\u1ef1 t\u00f4n tr\u1ecdng h\u01a1n quy lu\u1eadt c\u1ee7a th\u1ecb tr\u01b0\u1eddng, tr\u00ean c\u01a1 s\u1edf cung-c\u1ea7u ngo\u1ea1i t\u1ec7 v\u00e0 c\u00e1c y\u1ebfu t\u1ed1 t\u00e1c \u0111\u1ed9ng b\u00ean trong v\u00e0 b\u00ean ngo\u00e0i kh\u00e1ch quan \u0111\u1ed5i v\u1edbi t\u1ef7 gi\u00e1, x\u00f3a b\u1ecf m\u1ec7nh l\u1ec7nh h\u00e0nh ch\u00ednh v\u00e0 quy\u1ec1n l\u1ef1c t\u1eadp trung v\u00e0o Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc, kh\u00f4ng c\u00f2n c\u01a1 h\u1ed9i cho l\u1ee3i \u00edch nh\u00f3m thao t\u00fang tr\u1ee5c l\u1ee3i (c\u0169ng nh\u01b0 \u0111\u1ed1i v\u1edbi v\u00e0ng).<\/p>\n<p style=\"text-align: justify;\"><strong>Kim Ng\u1ecdc Minh, H\u00e0 N\u1ed9i, nh\u00e0 \u0111\u1ea7u t\u01b0<\/strong><br \/>\n<em><br \/>\nH\u1ed3i th\u00e1ng 8\/2015, Trung Qu\u1ed1c b\u1ea5t ng\u1edd ph\u00e1 gi\u00e1 m\u1ea1nh \u0111\u1ed3ng Nh\u00e2n d\u00e2n t\u1ec7. Khi \u0111\u00f3 nhi\u1ec1u \u00fd ki\u1ebfn cho r\u1eb1ng \u0111\u1ed3ng ti\u1ec1n n\u00e0y s\u1ebd kh\u00f4ng ti\u1ebfp t\u1ee5c b\u1ecb ph\u00e1 gi\u00e1 n\u1eefa. Nh\u01b0ng th\u1ef1c t\u1ebf l\u00e0 t\u1eeb \u0111\u00f3 \u0111\u1ebfn nay n\u00f3 v\u1eabn gi\u1ea3m m\u1ea1nh. C\u00f3 ph\u1ea3i di\u1ec5n bi\u1ebfn n\u00e0y n\u1eb1m ngo\u00e0i d\u1ef1 t\u00ednh c\u1ee7a ch\u00fang ta kh\u00f4ng?<\/em><\/p>\n<p style=\"text-align: justify;\"><strong>\u00d4ng Nguy\u1ec5n \u0110\u1ee9c H\u01b0\u1edfng<br \/>\n<\/strong><br \/>\nC\u00f3 th\u1ec3 di\u1ec5n bi\u1ebfn n\u00e0y n\u1eb1m ngo\u00e0i d\u1ef1 ki\u1ebfn c\u1ee7a nhi\u1ec1u nh\u00e0 \u0111\u1ea7u c\u01a1, nh\u01b0ng \u0111\u1ed1i v\u1edbi Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc, theo t\u00f4i th\u1ea5y th\u00ec h\u1ecd \u0111\u00e3 \u0111\u1ecbnh l\u01b0\u1ee3ng tr\u01b0\u1edbc.<\/p>\n<p style=\"text-align: justify;\">Th\u1ed1ng \u0111\u1ed1c Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc Nguy\u1ec5n V\u0103n B\u00ecnh \u0111\u00e3 ph\u00e1t bi\u1ec3u tr\u00ean th\u00f4ng tin \u0111\u1ea1i ch\u00fang, vi\u1ec7c \u0111i\u1ec1u ch\u1ec9nh c\u01a1 ch\u1ebf t\u1ef7 gi\u00e1 c\u1ee7a v\u1eeba qua \u0111\u00e3 bao h\u00e0m c\u1ea3 nh\u1eefng gi\u1ea3 thi\u1ebft Trung Qu\u1ed1c ti\u1ebfp t\u1ee5c ph\u00e1 gi\u00e1 \u0111\u1ed3ng Nh\u00e2n d\u00e2n t\u1ec7\u2026<\/p>\n<p style=\"text-align: justify;\">V\u00e0 th\u1ef1c t\u1ebf di\u1ec5n ra \u0111\u00fang nh\u01b0 v\u1eady. Cu\u1ed1i n\u0103m 2015 \u0111\u1ea7u 2016, Trung Qu\u1ed1c \u0111\u00e3 th\u1ef1c hi\u1ec7n nhi\u1ec1u l\u1ea7n ph\u00e1 gi\u00e1 nh\u01b0ng t\u1ef7 gi\u00e1 USD\/VND v\u1eabn t\u01b0\u01a1ng \u0111\u1ed1i \u1ed5n \u0111\u1ecbnh, kh\u00f4ng nh\u01b0 nh\u1eefng d\u1ef1 ki\u1ebfn c\u1ee7a nhi\u1ec1u chuy\u00ean gia l\u00e0 Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc s\u1ebd ti\u1ebfp t\u1ee5c ph\u00e1 gi\u00e1 VND v\u00e0o cu\u1ed1i 2015 \u0111\u1ea7u 2016.<\/p>\n<p style=\"text-align: justify;\">Nhi\u1ec1u nh\u00e0 \u0111\u1ea7u c\u01a1 \u00e1p d\u1ee5ng \u201cth\u00f3i quen\u201d cho l\u00e0 quy lu\u1eadt c\u1ee7a nh\u1eefng n\u0103m tr\u01b0\u1edbc, ch\u1edd \u0111\u1ee3i ph\u00e1 gi\u00e1, th\u00ec n\u0103m nay th\u1ea5t b\u1ea1i, t\u1ef7 gi\u00e1 v\u1eabn \u1ed5n \u0111\u1ecbnh.<\/p>\n<p style=\"text-align: justify;\"><strong>Th\u00e1i Ng\u00f4, Tp.HCM:<\/strong><br \/>\n<em><br \/>\nCh\u00ednh s\u00e1ch t\u1ef7 gi\u00e1 c\u00f3 ti\u1ebfp t\u1ee5c nh\u1ea5t qu\u00e1n trong th\u1eddi gian t\u1edbi n\u1ebfu c\u00f3 s\u1ef1 thay \u0111\u1ed5i v\u1ec1 b\u1ed9 m\u00e1y l\u00e3nh \u0111\u1ea1o Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc kh\u00f4ng?<\/em><\/p>\n<p style=\"text-align: justify;\"><strong>\u00d4ng Nguy\u1ec5n \u0110\u1ee9c H\u01b0\u1edfng<br \/>\n<\/strong><br \/>\n\u0110\u00e3 n\u00f3i l\u00e0 ch\u00ednh s\u00e1ch l\u00e0 c\u00f3 s\u1ef1 ch\u1ec9 \u0111\u1ea1o xuy\u00ean su\u1ed1t tr\u00ean c\u01a1 s\u1edf t\u1ea7m nh\u00ecn d\u00e0i h\u1ea1n, ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 g\u1eafn ch\u1eb7t v\u1edbi c\u00e1c ch\u00ednh s\u00e1ch kinh t\u1ebf v\u0129 m\u00f4, c\u00f3 s\u1ef1 ch\u1ec9 \u0111\u1ea1o t\u1eadp trung c\u1ee7a \u0110\u1ea3ng, Nh\u00e0 n\u01b0\u1edbc v\u00e0 Ch\u00ednh ph\u1ee7.<\/p>\n<p style=\"text-align: justify;\">V\u00ec v\u1eady, t\u00f4i cho r\u1eb1ng, n\u1ebfu c\u00f3 thay \u0111\u1ed5i v\u1ec1 b\u1ed9 m\u00e1y l\u00e3nh \u0111\u1ea1o Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc, th\u00ec kh\u00f4ng th\u1ec3 t\u00e1ch r\u1eddi v\u1edbi s\u1ef1 ch\u1ec9 \u0111\u1ea1o, \u0111i\u1ec1u h\u00e0nh chung c\u1ee7a n\u1ec1n kinh t\u1ebf, hay l\u00e0 kh\u00f4ng th\u1ec3 theo \u00fd ch\u00ed ch\u1ee7 quan c\u1ee7a m\u1ed9t c\u00e1 nh\u00e2n n\u00e0o \u0111\u00f3.<\/p>\n<p style=\"text-align: justify;\">V\u00ec Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc l\u00e0 m\u1ed9t t\u1ed5 ch\u1ee9c tr\u1ef1c ti\u1ebfp ch\u1ecbu s\u1ef1 \u0111i\u1ec1u h\u00e0nh c\u1ee7a Ch\u00ednh ph\u1ee7, d\u01b0\u1edbi s\u1ef1 l\u00e3nh \u0111\u1ea1o c\u1ee7a \u0110\u1ea3ng, ch\u1ecbu s\u1ef1 gi\u00e1m s\u00e1t c\u1ee7a Qu\u1ed1c h\u1ed9i v\u00e0 nh\u00e2n d\u00e2n, ch\u1ee9 kh\u00f4ng ph\u1ea3i l\u00e0 m\u1ed9t doanh nghi\u1ec7p \u0111\u01a1n thu\u1ea7n \u0111\u1ec3 c\u00f3 th\u1ec3 \u00e1p d\u1ee5ng thay \u0111\u1ed5i ki\u1ec3u t\u00e2n l\u00e3nh \u0111\u1ea1o &#8211; t\u00e2n ch\u00ednh s\u00e1ch m\u1ed9t c\u00e1ch kh\u00f4ng b\u00e0i b\u1ea3n khoa h\u1ecdc.<\/p>\n<p style=\"text-align: justify;\">Gi\u1ea3 s\u1eed, Th\u1ed1ng \u0111\u1ed1c Nguy\u1ec5n V\u0103n B\u00ecnh c\u00f3 thay \u0111\u1ed5i v\u1ecb tr\u00ed c\u00f4ng t\u00e1c, th\u00ec v\u1edbi k\u1ebft qu\u1ea3 chinh ph\u1ee5c ngo\u1ea1n m\u1ee5c nh\u1eefng ng\u1ecdn n\u00fai th\u1eed th\u00e1ch \u0111\u1ed1i v\u1edbi n\u1ec1n kinh t\u1ebf th\u00f4ng qua vi\u1ec7c \u0111i\u1ec1u h\u00e0nh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 (l\u1ea1m ph\u00e1t, l\u00e3i su\u1ea5t, t\u1ef7 gi\u00e1, v\u00e0ng, t\u00e1i c\u01a1 c\u1ea5u, n\u1ee3 x\u1ea5u\u2026), t\u1ea1o \u0111\u01b0\u1ee3c d\u1ea5u \u1ea5n v\u00e0 ni\u1ec1m tin \u0111\u1ed1i v\u1edbi x\u00e3 h\u1ed9i, th\u00ec v\u1ecb tr\u00ed m\u1edbi ch\u1eafc ch\u1eafn s\u1ebd cao h\u01a1n v\u00e0 c\u00e0ng g\u1eafn ch\u1eb7t v\u1edbi \u0111\u01b0\u1eddng l\u1ed1i \u0111i\u1ec1u h\u00e0nh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7, trong \u0111\u00f3 c\u00f3 ch\u00ednh s\u00e1ch t\u1ef7 gi\u00e1 tr\u00ean c\u01a1 s\u1edf th\u00f4ng su\u1ed1t h\u01a1n s\u1ef1 ch\u1ec9 \u0111\u1ea1o \u0111i\u1ec1u h\u00e0nh c\u1ee7a \u0110\u1ea3ng, Ch\u00ednh ph\u1ee7 v\u00e0 Qu\u1ed1c h\u1ed9i&#8230;<\/p>\n<p style=\"text-align: justify;\">Cho n\u00ean, s\u1ef1 nh\u1ea5t qu\u00e1n trong ch\u1ec9 \u0111\u1ea1o \u0111i\u1ec1u h\u00e0nh s\u1ebd theo h\u01b0\u1edbng t\u1ed1t l\u00ean, c\u00f3 l\u1ee3i cho n\u1ec1n kinh t\u1ebf, doanh nghi\u1ec7p v\u00e0 ni\u1ec1m tin c\u1ee7a nh\u00e2n d\u00e2n h\u01a1n n\u1eefa.<\/p>\n<p style=\"text-align: justify;\"><strong>Chu Kh\u00f4i, H\u1ea3i Ph\u00f2ng, Gi\u00e1m \u0111\u1ed1c doanh nghi\u1ec7p<\/strong><\/p>\n<p style=\"text-align: justify;\"><em>G\u1ea7n \u0111\u00e2y l\u00e3i su\u1ea5t VND c\u00f3 xu h\u01b0\u1edbng t\u0103ng l\u00ean. Nh\u01b0 th\u1ebf th\u00ec l\u00e3i su\u1ea5t cho vay s\u1ebd kh\u00f4ng gi\u1ea3m \u0111\u01b0\u1ee3c n\u1eefa v\u00e0 l\u1ea1i t\u0103ng l\u00ean. C\u00e1c di\u1ec5n gi\u1ea3 d\u1ef1 b\u00e1o th\u1ebf n\u00e0o v\u1ec1 xu h\u01b0\u1edbng n\u00e0y?<\/em><\/p>\n<p style=\"text-align: justify;\"><strong>\u00d4ng Nguy\u1ec5n \u0110\u1ee9c H\u01b0\u1edfng<\/strong><\/p>\n<p style=\"text-align: justify;\">\u0110\u00fang l\u00e0 g\u1ea7n \u0111\u00e2y m\u1ed9t s\u1ed1 ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i c\u00f3 \u0111i\u1ec1u ch\u1ec9nh t\u0103ng l\u00e3i su\u1ea5t huy \u0111\u1ed9ng \u1edf m\u1ed9t s\u1ed1 k\u1ef3 h\u1ea1n, ch\u1ee7 y\u1ebfu t\u1eadp trung v\u00e0o trung v\u00e0 d\u00e0i h\u1ea1n \u0111\u1ec3 ph\u1ee5c v\u1ee5 nhu c\u1ea7u cho vay trung d\u00e0i h\u1ea1n. C\u0169ng c\u00f3 y\u1ebfu t\u1ed1 m\u00f9a v\u1ee5 trong nhu c\u1ea7u thanh to\u00e1n, chi tr\u1ea3 th\u01b0\u1eddng t\u0103ng cao v\u00e0o cu\u1ed1i n\u0103m. Nh\u01b0ng theo t\u00f4i, \u0111\u00e1ng ch\u00fa \u00fd h\u01a1n, xu h\u01b0\u1edbng n\u00e0y ph\u1ea3n \u00e1nh n\u1ec1n kinh t\u1ebf c\u00f3 d\u1ea5u hi\u1ec7u s\u00f4i \u0111\u1ed9ng l\u00ean, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 m\u1ea1nh d\u1ea1n h\u01a1n \u0111\u1ea7u t\u01b0 v\u00e0o s\u1ea3n xu\u1ea5t kinh doanh khi th\u1ecb tr\u01b0\u1eddng c\u00f3 d\u1ea5u hi\u1ec7u \u1ea5m l\u00ean, nhu c\u1ea7u v\u1ed1n t\u0103ng l\u00ean cho n\u00ean t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn l\u00e3i su\u1ea5t.<\/p>\n<p style=\"text-align: justify;\">Th\u1ee9 n\u1eefa, c\u00e1c ng\u00e2n h\u00e0ng k\u00edch th\u00edch huy \u0111\u1ed9ng v\u1ed1n trung d\u00e0i h\u1ea1n qua l\u00e3i su\u1ea5t, th\u00ec \u0111i\u1ec1u ki\u1ec7n \u0111\u1ec3 h\u1ed7 tr\u1ee3 v\u1ed1n cho c\u00e1c nhu c\u1ea7u tr\u00ean c\u00e0ng b\u1ec1n v\u1eefng h\u01a1n. C\u00f2n n\u1ebfu cho vay trung d\u00e0i h\u1ea1n v\u1eabn d\u1ef1a nhi\u1ec1u v\u00e0o v\u1ed1n ng\u1eafn h\u1ea1n s\u1ebd ti\u1ec1m \u1ea9n r\u1ee7i ro v\u00e0 c\u00f3 th\u1ec3 vi ph\u1ea1m ph\u00e1p lu\u1eadt.<\/p>\n<p style=\"text-align: justify;\">C\u00f2n v\u1ec1 l\u00e3i su\u1ea5t cho vay, sau n\u1ed7 l\u1ef1c gi\u1ea3m v\u00e0 b\u00ecnh \u1ed5n nh\u1eefng n\u0103m qua, n\u1ebfu c\u00f3 nh\u00edch l\u00ean c\u0169ng d\u1ec5 hi\u1ec3u v\u00ec l\u1ea1m ph\u00e1t n\u0103m nay c\u00f3 th\u1ec3 t\u0103ng so v\u1edbi n\u0103m tr\u01b0\u1edbc. Nh\u01b0ng kh\u1ea3 n\u0103ng l\u00e3i su\u1ea5t cho vay s\u1ebd v\u1eabn gi\u1eef \u0111\u01b0\u1ee3c m\u1eb7t b\u1eb1ng nh\u01b0 hi\u1ec7n nay, v\u00ec ch\u00ednh s\u00e1ch t\u1ef7 gi\u00e1 k\u00edch th\u00edch ng\u01b0\u1eddi d\u00e2n g\u1eedi VND nhi\u1ec1u h\u01a1n v\u00e0o ng\u00e2n h\u00e0ng, v\u1ed1n \u0111\u1ea7u v\u00e0o thu\u1eadn l\u1ee3i h\u01a1n; gi\u00e1 d\u1ea7u s\u1ee5t gi\u1ea3m li\u00ean t\u1ee5c c\u0169ng l\u00e0 c\u01a1 s\u1edf \u0111\u1ec3 hy v\u1ecdng l\u1ea1m ph\u00e1t c\u1ee7a Vi\u1ec7t Nam \u0111\u01b0\u1ee3c ki\u1ec3m so\u00e1t \u1edf m\u1ee9c m\u1ee5c ti\u00eau, m\u00e0 kh\u00f4ng t\u00e1c \u0111\u1ed9ng l\u1edbn \u0111\u1ebfn vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t.<\/p>\n<p style=\"text-align: justify;\">Nguy\u1ec5n Ti\u1ebfn Minh, H\u00e0 N\u1ed9i, Gi\u00e1m \u0111\u1ed1c doanh nghi\u1ec7p<\/p>\n<p style=\"text-align: justify;\"><em>Xin h\u1ecfi c\u00e1c chuy\u00ean gia, v\u00ec sao v\u1eeba qua \u00e1p c\u01a1 ch\u1ebf t\u1ef7 gi\u00e1 m\u1edbi, t\u1ef7 gi\u00e1 trung t\u00e2m c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc t\u0103ng m\u00e0 t\u1ef7 gi\u00e1 th\u1ecb tr\u01b0\u1eddng l\u1ea1i ch\u1ee7 y\u1ebfu gi\u1ea3m. V\u00ec sao l\u1ea1i l\u1ec7ch nhau nh\u01b0 v\u1eady?<\/em><\/p>\n<p style=\"text-align: justify;\"><strong>\u00d4ng Nguy\u1ec5n \u0110\u1ee9c H\u01b0\u1edfng<\/strong><\/p>\n<p style=\"text-align: justify;\">Th\u1ef1c t\u1ebf trong th\u1eddi gian qua, khi \u00e1p d\u1ee5ng c\u01a1 ch\u1ebf t\u1ef7 gi\u00e1 m\u1edbi, c\u00f3 nhi\u1ec1u l\u00fac t\u1ef7 gi\u00e1 th\u1ef1c t\u1ebf th\u1ecb tr\u01b0\u1eddng l\u1ea1i gi\u1ea3m so v\u1edbi t\u1ef7 gi\u00e1 trung t\u00e2m c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc. \u0110\u00e2y l\u00e0 m\u1ed9t s\u1ef1 \u201cl\u1ec7ch pha\u201d tr\u00e1i ng\u01b0\u1ee3c so v\u1edbi nh\u1eefng n\u0103m tr\u01b0\u1edbc \u0111\u00e2y. T\u1ee9c l\u00e0, tr\u01b0\u1edbc \u0111\u00e2y t\u1ef7 gi\u00e1 tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u1ef1 do lu\u00f4n lu\u00f4n \u201ctr\u00ean tr\u1eddi\u201d, l\u00e0m cho t\u1ef7 gi\u00e1 c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc c\u1ee9 ph\u1ea3i ch\u1ea1y theo, c\u00f3 khi ph\u1ea3i b\u00e1n ngo\u1ea1i t\u1ec7 \u0111\u1ec3 \u1ed5n \u0111\u1ecbnh th\u1ecb tr\u01b0\u1eddng \u1ea3nh h\u01b0\u1edfng kh\u00f4ng nh\u1ecf \u0111\u1ebfn qu\u1ef9 d\u1ef1 tr\u1eef ngo\u1ea1i t\u1ec7 qu\u1ed1c gia.<\/p>\n<p style=\"text-align: justify;\">S\u1ef1 \u201cl\u1ec7ch pha\u201d n\u00e0y th\u1eadt \u0111\u00e1ng m\u1eebng. V\u00ec th\u1ec3 hi\u1ec7n r\u00f5 y\u1ebfu t\u00e2m l\u00fd g\u0103m gi\u1eef, \u0111\u1ea7u c\u01a1 ngo\u1ea1i t\u1ec7 \u0111\u00e3 b\u1ecb \u0111\u1ea9y l\u00f9i; c\u00e1c ch\u00ednh s\u00e1ch v\u1eeba qua c\u00f9ng c\u01a1 ch\u1ebf m\u1edbi \u0111\u00e3 kh\u01a1i th\u00f4ng c\u00e1c d\u00f2ng ch\u1ea3y ngo\u1ea1i t\u1ec7 tr\u00ean th\u1ecb tr\u01b0\u1eddng. V\u1edbi th\u1ecb tr\u01b0\u1eddng, m\u1ed9t trong nh\u1eefng y\u1ebfu t\u1ed1 quan tr\u1ecdng h\u00e0ng \u0111\u1ea7u l\u00e0 thanh kho\u1ea3n v\u00e0 Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc k\u00edch th\u00edch \u0111\u01b0\u1ee3c y\u1ebfu t\u1ed1 \u0111\u00f3. Cung ngo\u1ea1i t\u1ec7 \u0111\u01b0\u1ee3c k\u00edch th\u00edch, cung t\u0103ng th\u00ec t\u1ef7 gi\u00e1 gi\u1ea3m l\u00e0 \u0111\u01b0\u01a1ng nhi\u00ean.<\/p>\n<p style=\"text-align: justify;\"><strong>\u0110\u1ed7 B\u00ecnh Nguy\u00ean, H\u00e0 N\u1ed9i<\/strong><\/p>\n<p style=\"text-align: justify;\"><em>B\u00e2y gi\u1edd l\u00e3i su\u1ea5t g\u1eedi USD \u0111\u00e3 0% r\u1ed3i. Ng\u01b0\u1eddi d\u00e2n kh\u00f4ng g\u1eedi USD n\u1eefa m\u00e0 \u0111\u1ec3 \u1edf nh\u00e0, ng\u00e2n h\u00e0ng v\u00e0 doanh nghi\u1ec7p kh\u00f4ng s\u1eed d\u1ee5ng \u0111\u01b0\u1ee3c ngu\u1ed3n v\u1ed1n \u0111\u00f3 qua huy \u0111\u1ed9ng v\u00e0 cho vay. Nh\u01b0 v\u1ea1y c\u00f3 ph\u1ea3i ch\u00fang ta l\u1ea1i \u0111\u1ec3 ph\u00ed m\u1ed9t ngu\u1ed3n l\u1ef1c n\u1eb1m trong k\u00e9t s\u1eaft ng\u01b0\u1eddi d\u00e2n nh\u01b0 v\u1edbi v\u00e0ng? M\u00e0 gi\u1eef USD trong k\u00e9t n\u00f3 v\u1eabn l\u00ean gi\u00e1 th\u00ec v\u1ed1n l\u1ea1i c\u00e0ng ch\u00f4n trong k\u00e9t m\u00e0 kh\u00f4ng \u0111i v\u00e0o s\u1ea3n xu\u1ea5t kinh doanh. C\u00e1c di\u1ec5n gi\u1ea3 n\u00f3i g\u00ec v\u1ec1 th\u1ef1c t\u1ebf n\u00e0y, trong khi Ch\u00ednh ph\u1ee7 n\u0103m nay s\u1ebd ph\u1ea3i \u0111i ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu qu\u1ed1c t\u1ebf 3 t\u1ef7 USD v\u1edbi l\u00e3i su\u1ea5t cao, m\u00e0 l\u00e3i su\u1ea5t cao c\u0169ng do ng\u01b0\u1eddi d\u00e2n ph\u1ea3i tr\u1ea3. V\u1eady l\u00e0 sao?<\/em><br \/>\n<strong><br \/>\n\u00d4ng Nguy\u1ec5n \u0110\u1ee9c H\u01b0\u1edfng<\/strong><\/p>\n<p style=\"text-align: justify;\">L\u00e3i su\u1ea5t ti\u1ec1n g\u1eedi USD b\u1eb1ng 0% l\u00fac \u0111\u1ea7u \u0111\u00fang l\u00e0 g\u00e2y n\u00ean nh\u1eefng t\u00e2m l\u00fd nh\u1ea5t \u0111\u1ecbnh, c\u00f3 th\u1ec3 c\u00f3 m\u1ed9t s\u1ed1 ng\u01b0\u1eddi c\u1ea5t gi\u1eef ngo\u1ea1i t\u1ec7 \u1edf nh\u00e0 v\u1edbi t\u01b0 t\u01b0\u1edfng ch\u1edd gi\u00e1 ho\u1eb7c \u0111\u1ea7u c\u01a1\u2026 Nh\u01b0ng, t\u00ecnh tr\u1ea1ng tr\u00ean theo t\u00f4i l\u00e0 s\u1ebd x\u1ea9y ra kh\u00f4ng l\u00e2u, v\u00ec ch\u00fang t\u00f4i quan s\u00e1t th\u1ea5y doanh s\u1ed1 b\u00e1n ngo\u1ea1i t\u1ec7 cho ng\u00e2n h\u00e0ng t\u0103ng r\u1ea5t m\u1ea1nh, v\u00ec ng\u01b0\u1eddi d\u00e2n \u0111\u00e3 tin t\u01b0\u1edfng v\u00e0o vi\u1ec7c \u0111i\u1ec1u h\u00e0nh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc.<\/p>\n<p style=\"text-align: justify;\">V\u1ec1 m\u1eb7t kinh t\u1ebf, l\u00e3i su\u1ea5t USD 0%, t\u00f4i ngh\u0129 ng\u01b0\u1eddi g\u0103m gi\u1eef ngo\u1ea1i t\u1ec7 c\u0169ng s\u1ebd t\u00ednh to\u00e1n to\u00e1n. N\u1ebfu l\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0, h\u1ecd kh\u00f4ng quan t\u00e2m l\u1eafm \u0111\u1ebfn ph\u01b0\u01a1ng ti\u1ec7n n\u1eafm gi\u1eef, m\u00e0 l\u00e0 l\u1ee3i \u00edch v\u00e0 r\u1ee7i ro n\u1eafm gi\u1eef. N\u1eafm VND c\u00f3 l\u1ee3i h\u01a1n so v\u1edbi USD do l\u00e3i su\u1ea5t ch\u00eanh l\u1ec7ch h\u1ea5p d\u1eabn h\u01a1n, v\u00e0 Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc, nh\u01b0 t\u00f4i n\u00f3i, m\u1ee5c ti\u00eau \u1ed5n \u0111\u1ecbnh t\u1ef7 gi\u00e1 v\u1eabn l\u00e0 bao tr\u00f9m.<\/p>\n<p style=\"text-align: justify;\">Th\u1ef1c t\u1ebf, sau khi \u00e1p ch\u00ednh s\u00e1ch l\u00e3i su\u1ea5t 0%, t\u1ef7 gi\u00e1 USD\/VND \u0111\u01b0\u1ee3c b\u00ecnh \u1ed5n thay v\u00ec c\u0103ng th\u1eb3ng tr\u01b0\u1edbc \u0111\u00f3, th\u1eadm ch\u00ed ngu\u1ed3n cung t\u0103ng v\u00e0 t\u1ef7 gi\u00e1 gi\u1ea3m nh\u1eefng ng\u00e0y g\u1ea7n \u0111\u00e2y.<\/p>\n<p style=\"text-align: justify;\">Theo \u0111\u00f3, t\u00f4i th\u1ea5y \u0111\u00e2y l\u00e0 m\u1ed9t gi\u1ea3i ph\u00e1p th\u1ef1c hi\u1ec7n l\u1ed9 tr\u00ecnh ch\u1ed1ng \u0111\u00f4 la h\u00f3a c\u1ee7a Ch\u00ednh ph\u1ee7, l\u00e0m t\u0103ng gi\u00e1 tr\u1ecb VND. Ch\u00ednh v\u00ec v\u1eady s\u1ed1 d\u01b0 ti\u1ebft ki\u1ec7m VND t\u0103ng l\u00ean r\u00f5 r\u1ec7t, m\u1ed9t ph\u1ea7n do ng\u01b0\u1eddi d\u00e2n nh\u1eadn th\u1ee9c \u0111\u01b0\u1ee3c nh\u1eefng b\u1ea5t l\u1ee3i khi c\u1ea5t ngo\u1ea1i t\u1ec7 trong k\u00e9t s\u1eaft gi\u00e1 \u0111\u00ecnh, v\u1eeba kh\u00f4ng c\u00f3 l\u1ee3i cho kinh t\u1ebf v\u1eeba nguy hi\u1ec3m v\u1ec1 v\u1ea5n \u0111\u1ec1 an ninh t\u00ednh m\u1ea1ng, n\u00ean ng\u01b0\u1eddi d\u00e2n \u0111\u00e3 m\u1ea1nh d\u1ea1n chuy\u1ec3n \u0111\u1ed5i ngo\u1ea1i t\u1ec7 sang VND v\u00e0 g\u1eedi ti\u1ebft ki\u1ec7m, g\u00f3p ph\u1ea7n t\u0103ng ngu\u1ed3n v\u1ed1n \u0111\u1ec3 \u0111\u1ea7u t\u01b0 cho n\u1ec1n kinh t\u1ebf.<\/p>\n<p style=\"text-align: justify;\"><strong>H\u00e0 B\u00ecnh Xuy\u00ean, Nh\u00e0 \u0111\u1ea7u t\u01b0, H\u00e0 N\u1ed9i<\/strong><\/p>\n<p style=\"text-align: justify;\"><em>Th\u01b0a \u00f4ng, khi th\u1ecb tr\u01b0\u1eddng th\u1ebf gi\u1edbi suy gi\u1ea3m, t\u00e0i s\u1ea3n c\u00f3 th\u1ec3 s\u1ebd d\u1ecbch chuy\u1ec3n sang USD v\u00e0 \u0111\u1ed5 v\u1ec1 th\u1ecb tr\u01b0\u1eddng ph\u00e1t tri\u1ec3n. Trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n hi\u1ec7n nay c\u1ee7a Vi\u1ec7t Nam c\u0169ng s\u1ee5t gi\u1ea3m, li\u1ec7u c\u00f3 lo ng\u1ea1i Nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i s\u1ebd r\u00fat v\u1ed1n v\u00e0 chuy\u1ec3n sang USD \u0111\u1ec3 ra kh\u1ecfi th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam?<\/em><\/p>\n<p style=\"text-align: justify;\"><strong>\u00d4ng Nguy\u1ec5n \u0110\u1ee9c H\u01b0\u1edfng<\/strong><\/p>\n<p style=\"text-align: justify;\">Vi\u1ec7c di chuy\u1ec3n ngu\u1ed3n v\u1ed1n t\u1eeb n\u01a1i th\u1eeba \u0111\u1ebfn n\u01a1i thi\u1ebfu, t\u1eeb n\u01a1i k\u00e9m h\u1ea5p d\u1eabn \u0111\u1ebfn n\u01a1i h\u1ea5p d\u1eabn h\u01a1n l\u00e0 l\u1ebd th\u01b0\u1eddng t\u00ecnh. Nh\u01b0ng trong \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n th\u1ebf gi\u1edbi s\u1ee5t gi\u1ea3m, c\u00f3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam, ho\u1eb7c FED t\u0103ng l\u00e3i su\u1ea5t th\u00ec c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i c\u00f3 r\u00fat v\u1ed1n c\u0169ng ch\u1ec9 l\u00e0 t\u00ecnh hu\u1ed1ng t\u1ea1m th\u1eddi.<\/p>\n<p style=\"text-align: justify;\">V\u00ec Vi\u1ec7t Nam l\u00e0 m\u1ed9t qu\u1ed1c gia \u0111ang c\u00f3 c\u01a1 h\u1ed9i ph\u00e1t tri\u1ec3n, m\u1ecdi th\u1ee9 m\u1edbi ch\u1ec9 l\u00e0 b\u1eaft \u0111\u1ea7u, s\u01a1 khai v\u00e0 ti\u1ec1m n\u0103ng, k\u00e8m theo k\u1ef3 v\u1ecdng v\u00e0o th\u00e0nh c\u00f4ng c\u1ee7a \u0110\u1ea1i h\u1ed9i \u0110\u1ea3ng l\u1ea7n th\u1ee9 12 \u0111ang \u0111\u1ebfn g\u1ea7n, l\u00e0 s\u1ef1 h\u1ea5p d\u1eabn c\u1ee7a m\u00f4i tr\u01b0\u1eddng \u0111\u1ea7u t\u01b0, s\u1ef1 \u1ed5n \u0111\u1ecbnh v\u0129 m\u00f4 m\u00e0 nhi\u1ec1u th\u1ecb tr\u01b0\u1eddng kh\u00e1c kh\u00f4ng c\u00f3, n\u00ean s\u1ebd kh\u00f4ng c\u00f3 chuy\u1ec7n c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 r\u00fat v\u1ed1n chuy\u1ec3n sang USD v\u00e0 r\u00fat kh\u1ecfi th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam. N\u1ebfu c\u00f3, ch\u1ec9 l\u00e0 lu\u00e2n chuy\u1ec3n nh\u1ecf l\u1ebb b\u00ecnh th\u01b0\u1eddng, v\u00ec th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam tuy c\u00f3 suy gi\u1ea3m nh\u01b0ng gi\u00e1 ch\u1ee9ng kho\u00e1n v\u1eabn h\u1ea5p d\u1eabn so v\u1edbi th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf n\u00f3i chung.<\/p>\n<p style=\"text-align: justify;\">Vi\u1ec7c \u1ed5n \u0111\u1ecbnh ch\u00ednh tr\u1ecb c\u0169ng l\u00e0 m\u1ed9t \u0111i\u1ec1u ki\u1ec7n ti\u00ean quy\u1ebft, quan tr\u1ecdng m\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i t\u00ednh \u0111\u1ebfn. Trong \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam ti\u1ebfp t\u1ee5c gi\u1ea3m, c\u00f3 th\u1ec3 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i s\u1ebd \u0111\u1ea9y m\u1ea1nh b\u00e1n ra, v\u00e0 c\u00f3 hai t\u00ecnh hu\u1ed1ng s\u1ebd x\u1ea9y ra: ti\u1ec1n \u0111\u1ea7u t\u01b0 t\u1ea1m th\u1eddi chuy\u1ec3n th\u00e0nh ti\u1ec1n ti\u1ebft ki\u1ec7m VND \u0111\u1ec3 nghe ng\u00f3ng th\u1ecb tr\u01b0\u1eddng v\u00e0 r\u00fat t\u1ea1m th\u1eddi \u0111\u1ec3 chu\u1ea9n b\u1ecb b\u1eaft \u0111\u00e1y (mua v\u00e0o khi th\u1ecb tr\u01b0\u1eddng xu\u1ed1ng).<\/p>\n<p style=\"text-align: justify;\">\u0110i\u1ec1u lo ng\u1ea1i \u0111\u00e1ng ch\u00fa \u00fd l\u00e0 nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00f4ng chuy\u00ean nghi\u1ec7p, v\u1ed1n \u00edt c\u1ee9 ch\u1ea1y theo, \u0111\u00f3n \u0111\u1ea7u th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n theo t\u00e2m l\u00fd b\u1ea7y \u0111\u00e0n th\u00ec c\u00f3 th\u1ec3 x\u1ea9y ra m\u1ea5t v\u1ed1n. \u0110\u00e2y c\u0169ng l\u00e0 m\u1ed9t c\u00e1i b\u1eaby c\u1ee7a c\u00e1c nh\u00f3m \u0111\u1ea7u c\u01a1 ch\u1ee9ng kho\u00e1n, k\u1ec3 c\u1ea3 \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i m\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb c\u1ee7a Vi\u1ec7t Nam hay m\u1eafc ph\u1ea3i.<\/p>\n<p style=\"text-align: justify;\"><strong>L\u00ea Huy\u1ec1n Nhi, Tp.HCM, B\u1ea1n \u0111\u1ecdc<\/strong><\/p>\n<p style=\"text-align: justify;\"><em>Theo nh\u1eefng ph\u00e2n t\u00edch v\u00e0 gi\u1edbi thi\u1ec7u th\u00ec c\u01a1 ch\u1ebf t\u1ef7 gi\u00e1 trung t\u00e2m t\u1ed1t nh\u01b0 v\u1eady m\u00e0 sao th\u1eddi gian qua Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc kh\u00f4ng \u00e1p d\u1ee5ng?<\/em><\/p>\n<p style=\"text-align: justify;\"><strong>\u00d4ng Nguy\u1ec5n \u0110\u1ee9c H\u01b0\u1edfng<\/strong><\/p>\n<p style=\"text-align: justify;\">Qua nghi\u00ean c\u1ee9u di\u1ec5n bi\u1ebfn \u0111i\u1ec1u h\u00e0nh th\u1eddi gian qua, c\u00f3 s\u1ef1 \u0111\u1ed5i m\u1edbi h\u00e0ng n\u0103m, n\u00ean t\u00f4i ngh\u0129 ch\u1eafc l\u00e0 vi\u1ec7c ch\u1ec9 \u0111\u1ea1o \u0111i\u1ec1u h\u00e0nh ch\u00ednh s\u00e1ch t\u1ef7 gi\u00e1 theo c\u01a1 ch\u1ebf t\u1ef7 gi\u00e1 trung t\u00e2m \u0111\u00e3 \u0111\u01b0\u1ee3c Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc l\u01b0\u1ee3ng t\u00ednh t\u1eeb l\u00e2u, nh\u01b0ng ph\u1ea3i c\u00f3 l\u1ed9 tr\u00ecnh.<\/p>\n<p style=\"text-align: justify;\">Tr\u01b0\u1edbc \u0111\u00e2y, y\u1ebfu t\u1ed1 t\u00e2m l\u00fd c\u00f2n \u0111\u00e8 n\u1eb7ng v\u00e0 ni\u1ec1m tin c\u1ee7a th\u1ecb tr\u01b0\u1eddng, k\u1ec3 c\u1ea3 ni\u1ec1m tin v\u00e0o s\u1ef1 \u0111i\u1ec1u h\u00e0nh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 ch\u01b0a cao, n\u1ebfu \u00e1p d\u1ee5ng \u0111\u1ed9t ng\u1ed9t ch\u1eb3ng kh\u00e1c g\u00ec h\u1ed9i ch\u1ea9n v\u1ed9i v\u00e0ng v\u00e0 b\u1ed1c thu\u1ed1c g\u00e2y s\u1ed1c, c\u00f3 th\u1ec3 t\u00e1c d\u1ee5ng ng\u01b0\u1ee3c.<\/p>\n<p style=\"text-align: justify;\">Nh\u1eefng n\u0103m tr\u01b0\u1edbc, \u0111i\u1ec1u c\u1ea7n thi\u1ebft l\u00e0 t\u1ea1o \u0111i\u1ec1u ki\u1ec7n cho c\u00e1c ch\u1ee7 th\u1ec3 l\u00e0m quen d\u1ea7n v\u1edbi quy lu\u1eadt th\u1ecb tr\u01b0\u1eddng, t\u1ea1o ni\u1ec1m tin v\u00e0o ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 v\u00e0 ch\u00ednh s\u00e1ch kinh t\u1ebf, t\u00edch t\u1ee5 v\u00e0 t\u1eadp trung ngu\u1ed3n l\u1ef1c (gia t\u0103ng d\u1ef1 tr\u1eef ngo\u1ea1i t\u1ec7 qu\u1ed1c gia). \u0110\u00f3 l\u00e0 \u0111i\u1ec1u ki\u1ec7n c\u1ea7n v\u00e0 \u0111\u1ee7 \u0111\u1ec3 ti\u1ebfn t\u1edbi \u00e1p d\u1ee5ng c\u01a1 ch\u1ebf \u0111i\u1ec1u h\u00e0nh c\u01a1 ch\u1ebf t\u1ef7 gi\u00e1 trung t\u00e2m.<\/p>\n<p style=\"text-align: justify;\">V\u1ec1 c\u00e1c \u0111i\u1ec1u ki\u1ec7n kinh t\u1ebf, nh\u1eefng n\u0103m tr\u01b0\u1edbc ch\u00fang ta th\u1ea5y l\u1ea1m ph\u00e1t, l\u00e3i su\u1ea5t, th\u1ecb tr\u01b0\u1eddng v\u00e0ng c\u00f3 nh\u1eefng x\u00e1o tr\u1ed9n, t\u00e1c \u0111\u1ed9ng l\u1edbn t\u1edbi t\u1ef7 gi\u00e1. Khi \u0111\u00f3, y\u00eau c\u1ea7u \u0111\u1eb7t ra l\u00e0 ph\u1ea3i t\u1ea1o \u0111\u01b0\u1ee3c s\u1ef1 \u1ed5n \u0111\u1ecbnh, l\u00e0 m\u1ed9t ch\u1ed7 d\u1ef1a ni\u1ec1m tin cho th\u1ecb tr\u01b0\u1eddng. \u0110\u00f3 l\u00e0 \u0111i\u1ec1u Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc \u0111\u00e3 l\u00e0m \u0111\u01b0\u1ee3c.<\/p>\n<p style=\"text-align: justify;\">\u0110\u1ebfn nay, c\u00e1c \u0111i\u1ec1u ki\u1ec7n v\u00e0 b\u1ed1i c\u1ea3nh, c\u00e1c c\u00e2n \u0111\u1ed1i v\u0129 m\u00f4 \u0111\u00e3 c\u00f3 thay \u0111\u1ed5i, \u0111\u1eb7c bi\u1ec7t l\u00e0 ch\u00fang ta s\u1eafp s\u1eeda h\u1ed9i nh\u1eadp l\u1edbn v\u1edbi TPP, ACE, n\u00ean ch\u00ednh s\u00e1ch t\u1ef7 gi\u00e1 c\u1ea7n linh ho\u1ea1t. C\u01a1 ch\u1ebf t\u1ef7 gi\u00e1 trung t\u00e2m b\u1eaft \u0111\u1ea7u \u00e1p d\u1ee5ng.<\/p>\n<p style=\"text-align: justify;\">L\u1ea5y m\u1ee5c ti\u00eau \u1ed5n \u0111\u1ecbnh t\u1ef7 gi\u00e1 l\u00e0m ti\u1ec1n \u0111\u1ec1 \u0111\u1ec3 th\u1ef1c hi\u1ec7n ph\u01b0\u01a1ng ph\u00e1p \u0111i\u1ec1u h\u00e0nh m\u1edbi, m\u00e0 di\u1ec5n bi\u1ebfn trong hai tu\u1ea7n \u0111\u1ea7u \u00e1p d\u1ee5ng \u0111\u00e3 n\u00f3i l\u00ean \u0111i\u1ec1u \u0111\u00f3. \u1ed4n \u0111\u1ecbnh t\u1ef7 gi\u00e1 v\u1eabn l\u00e0 m\u1ee5c ti\u00eau bao tr\u00f9m c\u1ee7a vi\u1ec7c \u00e1p d\u1ee5ng \u0111i\u1ec1u h\u00e0nh t\u1ef7 gi\u00e1 trung t\u00e2m, nh\u01b0ng \u201c\u1ed5n \u0111\u1ecbnh kh\u00f4ng c\u00f3 ngh\u0129a l\u00e0 c\u1ed1 \u0111\u1ecbnh\u201d. T\u1ee9c l\u00e0 t\u1ef7 gi\u00e1 s\u1ebd xoay quanh, ch\u1ecbu s\u1ef1 \u0111i\u1ec1u ti\u1ebft c\u1ee7a quy lu\u1eadt th\u1ecb tr\u01b0\u1eddng, c\u00f3 s\u1ef1 qu\u1ea3n l\u00fd h\u1ee3p l\u00fd c\u1ee7a Nh\u00e0 n\u01b0\u1edbc, \u0111\u1ea3m b\u1ea3o ni\u1ec1m tin v\u00e0 s\u1ef1 ch\u1ee7 \u0111\u1ed9ng cho c\u00e1c doanh nghi\u1ec7p v\u00e0 ng\u01b0\u1eddi d\u00e2n th\u1ef1c hi\u1ec7n t\u1ed1t l\u1ed9 tr\u00ecnh ch\u1ed1ng \u0111\u00f4 la h\u00f3a c\u1ee7a \u0110\u1ea3ng, Ch\u00ednh ph\u1ee7 v\u00e0 Nh\u00e0 n\u01b0\u1edbc, n\u00e2ng cao gi\u00e1 tr\u1ecb c\u1ee7a VND, t\u1ea1o ni\u1ec1m tin b\u1ec1n v\u1eefng.<\/p>\n<p style=\"text-align: justify;\">To\u00e0n v\u0103n cu\u1ed9c giao l\u01b0u, xin xem t\u1ea1i \u0111\u00e2y: <a href=\"http:\/\/vneconomy.vn\/tai-chinh\/truc-tuyen-duong-di-cua-ty-gia-2016-20160118022922456.htm\">vneconomy.vn\/tai-chinh\/truc-tuyen-duong-di-cua-ty-gia-2016-20160118022922456.htm<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>T\u1eeb ng\u00e0y 04\/01\/2016 v\u1eeba qua, Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc b\u1eaft \u0111\u1ea7u c\u00f4ng b\u1ed1 t\u1ef7 gi\u00e1 trung t\u00e2m c\u1ee7a \u0111\u1ed3ng Vi\u1ec7t Nam v\u1edbi USD. C\u01a1 s\u1edf, \u0111i\u1ec1u ki\u1ec7n, m\u1ee5c ti\u00eau, t\u00e1c \u0111\u1ed9ng v\u00e0 \u1ee9ng x\u1eed t\u1eeb thay \u0111\u1ed5i \u0111\u00f3 nh\u01b0 th\u1ebf n\u00e0o khi c\u01a1 ch\u1ebf m\u1edbi \u0111ang \u0111i v\u00e0o th\u1ef1c t\u1ebf th\u1ecb tr\u01b0\u1eddng? Nh\u1eb1m t\u1ea1o di\u1ec5n &#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[51],"tags":[],"_links":{"self":[{"href":"http:\/\/khoahocnganhang.org.vn\/news\/wp-json\/wp\/v2\/posts\/1540"}],"collection":[{"href":"http:\/\/khoahocnganhang.org.vn\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/khoahocnganhang.org.vn\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/khoahocnganhang.org.vn\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/khoahocnganhang.org.vn\/news\/wp-json\/wp\/v2\/comments?post=1540"}],"version-history":[{"count":2,"href":"http:\/\/khoahocnganhang.org.vn\/news\/wp-json\/wp\/v2\/posts\/1540\/revisions"}],"predecessor-version":[{"id":1543,"href":"http:\/\/khoahocnganhang.org.vn\/news\/wp-json\/wp\/v2\/posts\/1540\/revisions\/1543"}],"wp:attachment":[{"href":"http:\/\/khoahocnganhang.org.vn\/news\/wp-json\/wp\/v2\/media?parent=1540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/khoahocnganhang.org.vn\/news\/wp-json\/wp\/v2\/categories?post=1540"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/khoahocnganhang.org.vn\/news\/wp-json\/wp\/v2\/tags?post=1540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}