{"id":5263,"date":"2026-06-03T04:35:57","date_gmt":"2026-06-03T04:35:57","guid":{"rendered":"https:\/\/azan.com.vn\/blog\/chuyen-gia-phong-thuy-pham-cuong-du-bao-thi-truong-chung-khoan-se-gap-kho-trong-nam-canh-ty.html"},"modified":"2026-06-03T04:35:57","modified_gmt":"2026-06-03T04:35:57","slug":"chuyen-gia-phong-thuy-pham-cuong-du-bao-thi-truong-chung-khoan-se-gap-kho-trong-nam-canh-ty","status":"publish","type":"post","link":"https:\/\/azan.com.vn\/blog\/chuyen-gia-phong-thuy-pham-cuong-du-bao-thi-truong-chung-khoan-se-gap-kho-trong-nam-canh-ty.html","title":{"rendered":"Chuy\u00ean gia phong th\u1ee7y Ph\u1ea1m C\u01b0\u01a1ng d\u1ef1 b\u00e1o th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n s\u1ebd g\u1eb7p kh\u00f3 trong n\u0103m Canh T\u00fd"},"content":{"rendered":"<p>\u0110\u1ea7u n\u0103m Canh T\u00fd 2020, chuy\u00ean gia phong th\u1ee7y Ph\u1ea1m C\u01b0\u01a1ng \u0111\u00e3 &#8220;gieo qu\u1ebb&#8221; d\u1ef1 b\u00e1o t\u00ecnh h\u00ecnh kinh t\u1ebf c\u0169ng nh\u01b0 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh.<\/p>\n<p>Theo chuy\u00ean gia phong th\u1ee7y, x\u00e9t d\u01b0\u1edbi g\u00f3c nh\u00ecn L\u00fd t\u00ednh, n\u0103m Canh T\u00fd l\u00e0 cu\u1ed1i c\u1ee7a chu k\u1ef3 Gi\u00e1p Ng\u1ecd s\u1eafp sang chu k\u1ef3 Gi\u00e1p Th\u00ecn, v\u1eadn kh\u00ed thu\u1ed9c d\u1ea1ng suy hao. D\u01b0\u1edbi g\u00f3c nh\u00ecn Thi\u00ean t\u01b0\u1ee3ng c\u0169ng v\u1eady, n\u0103m 2019 thi\u00ean tai b\u1eaft \u0111\u1ea7u d\u1ed3n d\u1eadp h\u01a1n, \u0111\u00e1ng k\u1ec3 nh\u1ea5t c\u00f3 th\u1ec3 k\u1ec3 \u0111\u1ebfn ch\u00e1y r\u1eebng \u1edf Amazon \u0111\u01b0\u1ee3c coi l\u00e0 l\u00e1 ph\u1ed5i c\u1ee7a th\u1ebf gi\u1edbi; nhi\u1ec1u tr\u1eadn \u0111\u1ed9ng \u0111\u1ea5t x\u1ea3y ra v\u00e0 may m\u1eafn l\u00e0 nh\u1eefng tr\u1eadn \u0111\u1ed9ng \u0111\u1ea5t n\u00e0y kh\u00f4ng qu\u00e1 l\u1edbn. D\u1ecbch b\u1ec7nh v\u1ec1 l\u1ee3n d\u1eabn t\u1edbi nguy c\u01a1 m\u1ea5t an ninh l\u01b0\u01a1ng th\u1ef1c c\u0169ng l\u00e0 m\u1ed9t ti\u00eau ch\u00ed b\u00e1o \u0111\u1ed9ng v\u1ec1 nguy\u00ean kh\u00ed c\u1ee7a to\u00e0n c\u1ea7u.<\/p>\n<p>\u0110\u1ec3 b\u00e0n s\u00e2u v\u1ec1 g\u00f3c nh\u00ecn l\u00fd t\u00ednh, nh\u00ecn qua ph\u1ed1i h\u1ee3p thi\u00ean can v\u00e0 \u0111\u1ecba chi t\u1ed1t, nh\u1ea5t l\u00e0 Thi\u00ean Can Canh \u2013 Kim sinh cho \u0110\u1ecba chi T\u00fd &#8211; Th\u1ee7y, c\u00f3 th\u1ec3 d\u1ef1 li\u1ec7u v\u1ec1 kh\u1ea3 n\u0103ng thi\u00ean tai b\u1edbt kh\u1eafc nghi\u1ec7t, th\u1eddi ti\u1ebft s\u1ebd t\u1ed1t tr\u1edf l\u1ea1i, m\u01b0a n\u1eafng thu\u1eadn h\u00f2a trong n\u0103m nay. Tuy nhi\u00ean n\u1ebfu x\u00e9t tam nguy\u00ean c\u1eedu v\u1eadn th\u00ec s\u1ed1 sao 7 g\u1ecdi l\u00e0 sao th\u1ea5t l\u1ec7nh mang n\u0103ng l\u01b0\u1ee3ng ti\u00eau c\u1ef1c chi ph\u1ed1i to\u00e0n \u0111i\u1ea1 c\u1ea7u.<\/p>\n<p>\u0110\u1ea1i v\u1eadn th\u00ec tr\u00ean \u0111\u00e0 gi\u1ea3m, v\u00ec v\u1eady nh\u1eefng n\u0103m c\u00f3 t\u1ed1t trong chu k\u1ef3 n\u00e0y th\u00ec c\u0169ng ch\u1ec9 mang t\u00ednh nh\u01b0 m\u1ed9t nh\u1ecbp s\u00f3ng h\u1ed3i trong m\u1ed9t chu k\u1ef3 \u0111i\u1ec1u ch\u1ec9nh d\u00e0i k\u1ef3 m\u00e0 th\u00f4i.<\/p>\n<p>C\u0169ng theo d\u1ef1 b\u00e1o c\u1ee7a \u00f4ng C\u01b0\u01a1ng, n\u0103m Canh T\u00fd th\u01b0\u01a1ng chi\u1ebfn c\u1ee7a M\u1ef9 s\u1ebd b\u1edbt leo thang h\u01a1n so v\u1edbi n\u0103m tr\u01b0\u1edbc khi m\u00e0 c\u00e1c b\u00ean s\u1ebd ng\u1ed3i v\u00e0o b\u00e0n \u0111\u00e0m ph\u00e1n th\u01b0\u01a1ng l\u01b0\u1ee3ng nhi\u1ec1u h\u01a1n thay v\u00ec ra nh\u1eefng ngh\u1ecb quy\u1ebft tr\u1eebng ph\u1ea1t nhau li\u00ean ti\u1ebfp.<\/p>\n<p>B\u1ea7u c\u1eed \u1edf M\u1ef9, m\u1eb7c d\u00f9 qu\u00e1 tr\u00ecnh lu\u1eadn t\u1ed9i T\u1ed5ng th\u1ed1ng c\u00f3 th\u1ec3 g\u00e2y s\u1ee9t m\u1ebb \u00edt nhi\u1ec1u uy t\u00edn ch\u00ednh tr\u1ecb c\u1ee7a T\u1ed5ng th\u1ed1ng Trump, nh\u01b0ng \u1edf n\u0103m 2020 n\u00e0y v\u1ecb th\u1ebf c\u1ee7a \u00f4ng Trump l\u00e0 kh\u00f4ng thay \u0111\u1ed5i v\u00e0 kh\u00f3 c\u00f3 c\u01a1 h\u1ed9i cho c\u00e1c \u0111\u1ed1i th\u1ee7 trong m\u00f9a b\u1ea7u c\u1eed n\u00e0y.<\/p>\n<p>V\u1ec1 t\u00ecnh h\u00ecnh Vi\u1ec7t Nam, chuy\u00ean gia Ph\u1ea1m C\u01b0\u01a1ng \u0111\u00e1nh gi\u00e1 th\u1eddi ti\u1ebft nh\u00ecn chung kh\u00f4ng t\u1ed1t, l\u00e0 nguy\u00ean nh\u00e2n tr\u1ef1c ti\u1ebfp g\u00e2y ra t\u00ecnh tr\u1ea1ng \u00f4 nhi\u1ec5m m\u00f4i tr\u01b0\u1eddng tr\u1ea7m tr\u1ecdng t\u1eeb n\u01b0\u1edbc, \u0111\u1ea5t cho t\u1edbi b\u1ea7u kh\u00f4ng kh\u00ed. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y \u00edt nhi\u1ec1u nguy\u00ean kh\u00ed b\u1ecb t\u1ed5n th\u01b0\u01a1ng. Th\u1eddi ti\u1ebft ngo\u00e0i B\u1eafc \u0111\u1eb7c bi\u1ec7t kh\u00f4 h\u1ea1n, xu h\u01b0\u1edbng th\u1ee7y b\u1ecb ki\u1ec7t. Mi\u1ec1n Nam th\u00ec tri\u1ec1u c\u01b0\u1eddng l\u1ea1i l\u00ean cao t\u1edbi m\u1ee9c k\u1ef7 l\u1ee5c t\u1ea1i m\u1ed9t s\u1ed1 \u0111\u1ecba b\u00e0n nh\u01b0 TP. HCM hay C\u1ea7n Th\u01a1 l\u00e0 m\u1ed9t trong nh\u1eefng ch\u1ec9 b\u00e1o ti\u00eau c\u1ef1c. D\u1ecbch b\u1ec7nh n\u0103m nay c\u00f3 xu h\u01b0\u1edbng ph\u00e1t tri\u1ec3n, c\u00f3 nh\u1eefng d\u1ecbch b\u1ec7nh xu\u1ea5t ph\u00e1t t\u1eeb ph\u00eda b\u1eafc x\u00e2m nhi\u1ec5m.<\/p>\n<p><b>Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n kh\u00f3 kh\u0103n h\u01a1n trong n\u0103m 2020?<\/b><\/p>\n<p>Chuy\u00ean gia phong th\u1ee7y Ph\u1ea1m C\u01b0\u01a1ng \u0111\u00e1nh gi\u00e1 trong b\u1ed1i c\u1ea3nh kh\u00ed l\u1ef1c \u0111\u1ecba c\u1ea7u suy hao, n\u1ec1n kinh t\u1ebf th\u1ebf gi\u1edbi suy gi\u1ea3m, Vi\u1ec7t Nam c\u0169ng s\u1ebd ch\u1ecbu nh\u1eefng t\u00e1c \u0111\u1ed9ng nh\u1ea5t \u0111\u1ecbnh, do \u0111\u00f3 nh\u1eefng l\u0129nh v\u1ef1c mang t\u00ednh \u0111\u1ea7u t\u01b0 ph\u00f2ng th\u1ee7 ch\u00fang ta n\u00ean ch\u00fa tr\u1ecdng h\u01a1n.<\/p>\n<p>Trong khi \u0111\u00f3, v\u1edbi l\u0129nh v\u1ef1c ch\u1ee9ng kho\u00e1n, \u00f4ng C\u01b0\u01a1ng cho r\u1eb1ng n\u0103m nay s\u1ebd kh\u00f3 kh\u0103n h\u01a1n so v\u1edbi n\u0103m 2019 khi c\u00f3 nh\u1eefng ch\u00ednh s\u00e1ch th\u1eaft ch\u1eb7t ti\u1ec1n t\u1ec7 h\u01a1n. Trong khi \u0111\u00f3 c\u00e1c qu\u1ef9 n\u01b0\u1edbc ngo\u00e0i \u0111\u1ea7u t\u01b0 v\u00e0o vi\u1ec7t Nam c\u00f3 ph\u1ea7n ch\u1eadm h\u01a1n, d\u00f2ng ti\u1ec1n c\u1ee7a c\u00e1c n\u01b0\u1edbc ph\u00eda b\u1eafc \u0111\u1ed5 v\u00e0o c\u00f3 ph\u1ea7n r\u1ee5t r\u00e8 h\u01a1n. \u0110i\u1ec1u n\u00e0y khi\u1ebfn vi\u1ec7c \u0111\u1ea7u t\u01b0 t\u00e0i ch\u00ednh mang nhi\u1ec1u th\u00e1ch th\u1ee9c h\u01a1n l\u00e0 c\u01a1 h\u1ed9i.<\/p>\n<p>\u00d4ng C\u01b0\u01a1ng d\u1ef1 b\u00e1o \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n trong n\u0103m n\u00e0y s\u1ebd h\u1ebft s\u1ee9c kh\u00f3 kh\u0103n, nh\u1eefng nh\u1ecbp l\u00ean c\u1ee7a ch\u1ee9ng kho\u00e1n c\u0169ng ch\u1ec9 mang t\u00ednh s\u00f3ng h\u1ed3i k\u1ef9 thu\u1eadt. V\u1ec1 m\u1ea3ng \u0111\u1ea7u t\u01b0 n\u00ean ch\u00fa tr\u1ecdng th\u1ecb tr\u01b0\u1eddng ph\u00e1i sinh h\u01a1n l\u00e0 \u0111\u1ea7u t\u01b0 l\u01b0\u1edbt s\u00f3ng.<\/p>\n<div class=\"VCSortableInPreviewMode link-content-footer IMSCurrentEditorEditObject active\">Chuy\u00ean gia phong th\u1ee7y Ph\u1ea1m C\u01b0\u01a1ng: \u201cTTCK v\u1eabn trong downtrend, nh\u01b0ng Vn-Index c\u00f3 th\u1ec3 h\u1ed3i ph\u1ee5c l\u00ean tr\u00ean 1.000 \u0111i\u1ec3m trong n\u0103m K\u1ef7 H\u1ee3i\u201d<\/div>\n","protected":false},"excerpt":{"rendered":"<p class=\"sapo\" data-role=\"sapo\">\n                                \u00d4ng C\u01b0\u01a1ng d\u1ef1 b\u00e1o \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n trong n\u0103m n\u00e0y s\u1ebd h\u1ebft s\u1ee9c kh\u00f3 kh\u0103n, nh\u1eefng nh\u1ecbp l\u00ean c\u1ee7a ch\u1ee9ng kho\u00e1n c\u0169ng ch\u1ec9 mang t\u00ednh s\u00f3ng h\u1ed3i k\u1ef9 thu\u1eadt.\n                            <\/p>\n","protected":false},"author":2,"featured_media":5264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[655,653,427,1421],"class_list":["post-5263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-phong-thuy","tag-chung-khoan","tag-pham-cuong","tag-phong-thuy","tag-ttck"],"_links":{"self":[{"href":"https:\/\/azan.com.vn\/blog\/wp-json\/wp\/v2\/posts\/5263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/azan.com.vn\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/azan.com.vn\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/azan.com.vn\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/azan.com.vn\/blog\/wp-json\/wp\/v2\/comments?post=5263"}],"version-history":[{"count":0,"href":"https:\/\/azan.com.vn\/blog\/wp-json\/wp\/v2\/posts\/5263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/azan.com.vn\/blog\/wp-json\/wp\/v2\/media\/5264"}],"wp:attachment":[{"href":"https:\/\/azan.com.vn\/blog\/wp-json\/wp\/v2\/media?parent=5263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/azan.com.vn\/blog\/wp-json\/wp\/v2\/categories?post=5263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/azan.com.vn\/blog\/wp-json\/wp\/v2\/tags?post=5263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}