{"id":1421,"date":"2017-08-03T22:04:46","date_gmt":"2017-08-03T22:04:46","guid":{"rendered":"https:\/\/blog.ngocha.biz\/?p=1421"},"modified":"2017-08-03T22:04:46","modified_gmt":"2017-08-03T22:04:46","slug":"thong-minh-tai-chinh-p5-dau-mo-va-cac-loai-tai-san-khac","status":"publish","type":"post","link":"https:\/\/blog.ngocha.biz\/?p=1421","title":{"rendered":"Th\u00f4ng minh t\u00e0i ch\u00ednh (P5: D\u1ea7u m\u1ecf v\u00e0 c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n kh\u00e1c)"},"content":{"rendered":"<div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"kksr-stars-active\" style=\"width: 118px;\">\n<div class=\"kksr-star\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"kksr-legend\" style=\"font-size: 16px;\">\n            5\/5 &#8211; (18 votes)    <\/div>\n<\/p><\/div>\n<p>Gi\u00e1 d\u1ea7u nh\u01b0 ch\u1ec9 s\u1ed1 \u0111o l\u01b0\u1eddng s\u1ee9c kh\u1ecfe c\u1ee7a n\u1ec1n kinh t\u1ebf. Khi gi\u00e1 d\u1ea7u t\u0103ng c\u00f3 ngh\u0129a r\u1eb1ng ti\u00eau th\u1ee5 d\u1ea7u t\u0103ng xu\u1ea5t ph\u00e1t t\u1eeb s\u1ea3n xu\u1ea5t gia t\u0103ng, n\u1ec1n kinh t\u1ebf \u0111i l\u00ean. Khi gi\u00e1 d\u1ea7u gi\u1ea3m c\u00f3 ngh\u0129a l\u00e0 s\u1ea3n xu\u1ea5t suy gi\u1ea3m. L\u00fd do \u0111\u01a1n gi\u1ea3n l\u00e0 mu\u1ed1n s\u1ea3n xu\u1ea5t v\u00e0 v\u1eadn chuy\u1ec3n th\u00ec ph\u1ea3i c\u1ea7n d\u1ea7u.<\/p>\n<p>Gi\u1edd \u0111\u00e2y, do kh\u1ea3 n\u0103ng t\u00e1c \u0111\u1ed9ng v\u00e0o cung d\u1ea7u y\u1ebfu (b\u1edfi c\u00e1c nh\u00e0 sx kh\u00f4ng th\u1ec3 n\u00f3i chuy\u1ec7n \u0111\u01b0\u1ee3c v\u1edbi nhau) n\u00ean d\u1ea7u t\u0103ng hay gi\u1ea3m ph\u1ee5 thu\u1ed9c v\u00e0o vi\u1ec7c t\u0103ng gi\u1ea3m nhu c\u1ea7u s\u1ea3n xu\u1ea5t c\u1ee7a th\u1ebf gi\u1edbi l\u00e0 ch\u1ee7 y\u1ebfu. N\u00f3 kh\u00f4ng tr\u1ef1c ti\u1ebfp g\u00e2y ra t\u0103ng tr\u01b0\u1edfng hay suy gi\u1ea3m c\u1ee7a kinh th\u1ebf gi\u1edbi nh\u01b0ng n\u00f3 l\u1ea1i gi\u00e1n ti\u1ebfp ph\u1ea3n \u00e1nh \u0111i\u1ec1u \u0111\u00f3.<\/p>\n<p>C\u00e1c nh\u00e0 s\u1ea3n xu\u1ea5t d\u1ea7u th\u1eeba hi\u1ec3u r\u1eb1ng d\u1ea7u l\u00e0 h\u1eefu h\u1ea1n, n\u1ebfu h\u1ecd\u00a0li\u00ean t\u1ee5c s\u1ea3n xu\u1ea5t v\u00e0 b\u00e1n v\u1edbi gi\u00e1 l\u1ee3i nhu\u1eadn m\u1ecfng nh\u01b0 v\u1eady th\u00ec\u00a0th\u1eadt thi\u1ebfu th\u00f4ng minh. Nh\u01b0ng h\u1ecd \u0111ang m\u1eafc ph\u1ea3i m\u1ed9t s\u1ed1 v\u1ea5n \u0111\u1ec1 sau:<\/p>\n<ul>\n<li>M\u1ed9t s\u1ed1 qu\u1ed1c gia ph\u1ee5 thu\u1ed9c ho\u00e0n to\u00e0n v\u00e0o d\u1ea7u m\u1ecf, ng\u1eebng b\u00e1n d\u1ea7u l\u00e0 ch\u1ebft \u0111\u00f3i.<\/li>\n<li>Th\u00e0 h\u1ecd b\u00e1n l\u1ed7 \u0111\u1ec3\u00a0c\u00f4ng nh\u00e2n c\u00f3 vi\u1ec7c l\u00e0m, c\u00f3 ngo\u1ea1i t\u1ec7 thu v\u1ec1 c\u00f2n h\u01a1n. C\u00e1c chi ph\u00ed khai th\u00e1c d\u1ea7u c\u1ee7a h\u1ecd \u0111\u01b0\u1ee3c thanh to\u00e1n b\u1eb1ng \u0111\u1ed3ng n\u1ed9i t\u1ec7 trong khi h\u1ecd b\u00e1n d\u1ea7u thu \u0111\u01b0\u1ee3c ngo\u1ea1i t\u1ec7.<\/li>\n<li>Tranh d\u00e0nh th\u1ecb ph\u1ea7n.<\/li>\n<li>Ch\u00ednh tr\u1ecb<\/li>\n<\/ul>\n<p>V\u00ec m\u1ed7i n\u01b0\u1edbc c\u00f3 nh\u1eefng n\u1ed7i lo ri\u00eang c\u1ee7a m\u00ecnh n\u00ean h\u1ecd kh\u00f4ng th\u1ed1ng nh\u1ea5t \u0111\u01b0\u1ee3c v\u1edbi nhau nh\u1eb1m \u0111i\u1ec1u ch\u1ec9nh l\u01b0\u1ee3ng Cung d\u1ea7u. T\u1eeb <a href=\"http:\/\/chienluocsong.com\/kinh-te-hoc-p23-thi-truong-canh-tranh-khong-hoan-hao-p1\/\">th\u1ecb tr\u01b0\u1eddng \u0111\u1ed9c quy\u1ec1n t\u1eadp \u0111o\u00e0n<\/a>\u00a0gi\u1edd \u0111\u00e2y d\u1ea7u \u0111\u00e3 gia nh\u1eadp v\u00e0o <a href=\"http:\/\/chienluocsong.com\/kinh-te-hoc-p21-thi-truong-canh-tranh-hoan-hao\/\">th\u1ecb tr\u01b0\u1eddng c\u1ea1nh tranh\u00a0ho\u00e0n h\u1ea3o.<\/a><\/p>\n<p>Ngo\u00e0i ra v\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a n\u0103ng l\u01b0\u1ee3ng thay th\u1ebf nh\u01b0 \u0111i\u1ec7n m\u1eb7t tr\u1eddi, c\u00e1c xe ch\u1ea1y b\u1eb1ng n\u0103ng l\u01b0\u1ee3ng \u0111i\u1ec7n,&#8230;tr\u1ef1c ti\u1ebfp l\u00e0m gi\u1ea3m l\u01b0\u1ee3ng c\u1ea7u th\u00ec c\u00f2n \u0111\u00e1nh v\u00e0o m\u1eb7t t\u00e2m l\u00fd c\u00e1c nsx r\u1eb1ng nhu c\u1ea7u d\u1ea7u s\u1ebd c\u00f2n gi\u1ea3m trong t\u01b0\u01a1ng lai v\u00e0 gi\u00e1 d\u1ea7u c\u00f2n c\u00f3 th\u1ec3 xu\u1ed1ng th\u1ea5p n\u1eefa.<\/p>\n<p>X\u00e9t v\u1ec1 d\u00e0i h\u1ea1n v\u00e0i ch\u1ee5c n\u0103m th\u00ec d\u1ea7u kh\u00f3 c\u00f3 th\u1ec3 b\u1ecb \u0111\u00e1nh m\u1ea5t v\u1ecb th\u1ebf c\u1ee7a m\u00ecnh m\u00e0 m\u1ea5y tr\u0103m n\u0103m qua n\u00f3 \u0111\u00e3 gi\u1eef. D\u00f9 sao tr\u1eef l\u01b0\u1ee3ng d\u1ea7u c\u0169ng s\u1ebd suy gi\u1ea3m theo th\u1eddi gian, thu nh\u1eadp ng\u01b0\u1eddi d\u00e2n t\u0103ng khi\u1ebfn h\u1ecd mua s\u1eafm nhi\u1ec1u h\u01a1n k\u00edch th\u00edch s\u1ea3n xu\u1ea5t. Th\u1ebf gi\u1edbi c\u00e0ng b\u1ea5t \u1ed5n th\u00ec c\u00e0ng th\u00fac \u0111\u1ea9y gi\u00e1 d\u1ea7u t\u0103ng, c\u00e1c n\u01b0\u1edbc c\u00f3 xu\u1ea5t kh\u1ea9u d\u1ea7u m\u1ecf l\u00e0 c\u00e1c n\u01b0\u1edbc \u0111\u1ea7u ti\u00ean s\u1ebd b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi s\u1ef1 b\u1ea5t \u1ed5n. N\u1ebfu nh\u01b0 nh\u00e0 b\u1ea1n v\u00e0 nh\u00e0 th\u1eb1ng b\u00ean c\u1ea1nh \u0111\u1ec1u b\u00e1n d\u1ea7u, n\u1ebfu b\u1ea1n v\u00e0 h\u1ecd kh\u00f4ng th\u1ec3 th\u1ed1ng nh\u1ea5t v\u1edbi nhau v\u1ec1 s\u1ea3n l\u01b0\u1ee3ng b\u00e1n ra\u00a0th\u00ec\u00a0vi\u1ec7c t\u1ed1t nh\u1ea5t b\u1ea1n c\u00f3 th\u1ec3 l\u00e0m l\u00e0 cho gia \u0111\u00ecnh nh\u00e0 \u0111\u00f3 b\u1ea5t \u1ed5n khi\u1ebfn n\u00f3 kh\u00f4ng th\u1ec3 b\u00e1n d\u1ea7u n\u1eefa. C\u00e1c nh\u00e0 ch\u00ednh tr\u1ecb r\u1ea5t gi\u1ecfi nh\u00ecn b\u00ean tr\u00e1i trong khi \u0111\u00e1nh b\u00ean ph\u1ea3i.<\/p>\n<p>M\u1ed7i ng\u00e0y th\u1ebf gi\u1edbi ti\u00eau th\u1ee5 72 tri\u1ec7u th\u00f9ng d\u1ea7u:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10205 aligncenter\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/OPEC2.gif\" alt=\"\" width=\"640\" height=\"426\" \/><\/p>\n<p>\u1ede <a href=\"http:\/\/chienluocsong.com\/thong-minh-tai-chinh-p4-dau-mo-va-cac-chi-so-kinh-te-vi-mo\/\">entry tr\u01b0\u1edb<\/a>c ta th\u1ea5y m\u1ed1i quan h\u1ec7 gi\u1eefa c\u00e1c ch\u1ec9 s\u1ed1 kinh t\u1ebf v\u0129 m\u00f4 nh\u01b0 <a href=\"http:\/\/chienluocsong.com\/kinh-te-hoc-p1\/\">GDP<\/a>,<a href=\"http:\/\/chienluocsong.com\/kinh-te-hoc-p16-chi-so-cpi-va-lam-phat\/\"> l\u1ea1m ph\u00e1t<\/a>, <a href=\"http:\/\/chienluocsong.com\/tai-chinh-va-tien-te-p4-he-thong-ngan-hang\/\">l\u00e3i su\u1ea5t <\/a>v\u00e0 <a href=\"http:\/\/chienluocsong.com\/kinh-te-hoc-p25-thi-truong-lao-dong-p1\/\">th\u1ea5t nghi\u1ec7p<\/a> v\u1edbi gi\u00e1 d\u1ea7u. Entry n\u00e0y ta s\u1ebd t\u00ecm hi\u1ec3u m\u1ed1i t\u01b0\u01a1ng quan gi\u1eefa gi\u00e1 d\u1ea7u v\u00e0 gi\u00e1 c\u00e1c t\u00e0i s\u1ea3n kh\u00e1c trong danh m\u1ee5c \u0111\u1ea7u t\u01b0.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>1. D\u1ea7u v\u00e0 v\u00e0ng<\/strong><\/p>\n<p>Gi\u00e1 v\u00e0ng t\u0103ng gi\u1ea3m v\u00ec nhi\u1ec1u nguy\u00ean nh\u00e2n, c\u1ea7n h\u1eb3n m\u1ed9t v\u00e0i entry \u0111\u1ec3 n\u00f3i v\u1ec1 ch\u1ee7 \u0111\u1ec1 v\u00e0ng. Trong m\u1ee5c n\u00e0y t\u00f4i ch\u1ec9 n\u00f3i v\u1ec1 m\u1ed1i li\u00ean quan gi\u1eefa v\u00e0ng v\u00e0 d\u1ea7u, m\u1ed9t \u00f4ng l\u00e0 v\u00e0ng th\u1eadt, m\u1ed9t \u00f4ng l\u00e0 v\u00e0ng \u0111en.<\/p>\n<p>T\u0103ng tr\u01b0\u1edfng kinh t\u1ebf k\u00e9o theo nhu c\u1ea7u d\u1ea7u t\u0103ng v\u00ec v\u1eady gi\u00e1 d\u1ea7u t\u0103ng. T\u0103ng tr\u01b0\u1edfng kinh t\u1ebf c\u0169ng \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c ng\u01b0\u1eddi d\u00e2n c\u00f3 ni\u1ec1m tin v\u00e0o n\u1ec1n kinh t\u1ebf, khi \u0111\u00f3 nhu c\u1ea7u n\u1eafm gi\u1eef v\u00e0ng c\u1ee7a h\u1ecd s\u1ebd gi\u1ea3m v\u00ec v\u1eady gi\u00e1 v\u00e0ng gi\u1ea3m.<\/p>\n<p>N\u1ebfu gi\u00e1 d\u1ea7u t\u0103ng kh\u00f4ng xu\u1ea5t ph\u00e1t t\u1eeb b\u00ean c\u1ea7u (t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf) m\u00e0 xu\u1ea5t ph\u00e1t t\u1eeb b\u00ean cung, khi c\u00e1c nh\u00e0 s\u1ea3n xu\u1ea5t d\u1ea7u c\u1eaft gi\u1ea3m s\u1ea3n l\u01b0\u1ee3ng th\u00ec l\u00fac \u0111\u00f3 n\u1ec1n kinh t\u1ebf s\u1ebd \u0111i ch\u1eadm l\u1ea1i. Ng\u01b0\u1eddi d\u00e2n m\u1ea5t ni\u1ec1m tin v\u00e0o n\u1ec1n kinh t\u1ebf, h\u1ecd t\u0103ng nhu c\u1ea7u gi\u1eef v\u00e0ng v\u00ec v\u1eady gi\u00e1 v\u00e0ng t\u0103ng.<\/p>\n<p>N\u1ebfu lo\u1ea1i b\u1ecf y\u1ebfu t\u1ed1 c\u1ea3m x\u00fac th\u00ec vi\u1ec7c m\u1ed9t ai \u0111\u00f3 n\u1eafm gi\u1eef v\u00e0ng s\u1ebd c\u0103n c\u1ee9 v\u00e0o vi\u1ec7c ph\u00e2n t\u00edch l\u1ee3i \u00edch gi\u1eefa c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n n\u1eafm gi\u1eef. N\u1ebfu h\u1ecd th\u1ea5y ti\u1ec1n nh\u1eadn \u0111\u01b0\u1ee3c t\u1eeb l\u00e3i su\u1ea5t l\u1edbn h\u01a1n ti\u1ec1n nh\u1eadn \u0111\u01b0\u1ee3c t\u1eeb \u0111\u00e0 t\u0103ng c\u1ee7a v\u00e0ng th\u00ec ng\u01b0\u1eddi ta s\u1ebd b\u00e1n v\u00e0ng ra l\u1ea5y ti\u1ec1n g\u1eedi v\u00e0o ng\u00e2n h\u00e0ng.\u00a0V\u00ed d\u1ee5 nh\u01b0 khi FED t\u0103ng l\u00e3i su\u1ea5t th\u00ec gi\u00e1 v\u00e0ng gi\u1ea3m c\u00f2n tu\u1ea7n tr\u01b0\u1edbc khi FED gi\u1eef nguy\u00ean l\u00e3i su\u1ea9t th\u00ec gi\u00e1 v\u00e0ng t\u0103ng<\/p>\n<p>Bi\u1ec3u \u0111\u1ed3 d\u01b0\u1edbi l\u00e0 m\u1ed1i t\u01b0\u01a1ng quan gi\u1eefa d\u1ea7u v\u00e0 v\u00e0ng. Trong khi d\u1ea7u c\u00f3 xu h\u01b0\u1edbng t\u0103ng l\u00ean, c\u00f3 l\u00fac l\u00ean t\u1edbi 30% th\u00ec v\u00e0ng l\u1ea1i c\u00f3 xu h\u01b0\u1edbng gi\u1ea3m \u0111i. D\u1ea7u trong 1 n\u0103m qua t\u0103ng l\u00e0 n\u1ed7 l\u1ef1c t\u1eeb ph\u00eda b\u00ean cung m\u00e0 kh\u00f4ng ph\u1ea3i xu\u1ea5t ph\u00e1t t\u1eeb bi\u1ebfn \u0111\u1ed9ng c\u1ee7a C\u1ea7u. Vi\u1ec7c bi\u1ebfn \u0111\u1ed9ng c\u1ee7a gi\u00e1 v\u00e0ng ch\u1ee7 y\u1ebfu ph\u1ee5\u00a0thu\u1ed9c v\u00e0o m\u1ea5y l\u1ea7n t\u0103ng l\u00e3i su\u1ea5t c\u1ee7a c\u1ee5c d\u1ef1 tr\u1eef li\u00ean bang M\u1ef9 FED<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10228 aligncenter\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/oil-vs-gold-1-year-1.png\" alt=\"\" width=\"408\" height=\"254\" srcset=\"https:\/\/chienluocsong.com\/wp-content\/uploads\/oil-vs-gold-1-year-1.png 408w, https:\/\/chienluocsong.com\/wp-content\/uploads\/oil-vs-gold-1-year-1-300x187.png 300w\" sizes=\"auto, (max-width: 408px) 100vw, 408px\" \/><\/p>\n<p>Bi\u1ec3u \u0111\u1ed3 d\u01b0\u1edbi th\u1ec3 hi\u1ec7n gi\u00e1 v\u00e0ng v\u00e0 d\u1ea7u trong 20 n\u0103m qua. N\u0103m 2008 do kh\u1ee7ng ho\u1ea3ng kinh t\u1ebf n\u00ean c\u1ea7u d\u1ea7u gi\u1ea3m, gi\u00e1 d\u1ea7u \u0111i xu\u1ed1ng nh\u01b0ng sau \u0111\u00f3 h\u1ed3i ph\u1ee5c t\u0103ng d\u1ea7n. Gi\u00e1 v\u00e0ng t\u1eeb th\u1eddi \u0111i\u1ec3m \u0111\u00f3 c\u0169ng t\u0103ng r\u1ea5t nhanh v\u00ec ng\u01b0\u1eddi d\u00e2n c\u1ea3m th\u1ea5y b\u1ea5t an sau kh\u1ee7ng ho\u1ea3ng.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-10206 aligncenter\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-gold.png\" alt=\"\" width=\"476\" height=\"324\" srcset=\"https:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-gold.png 600w, https:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-gold-300x205.png 300w\" sizes=\"auto, (max-width: 476px) 100vw, 476px\" \/><\/p>\n<p><strong>2. D\u1ea7u v\u00e0 C\u1ed5 phi\u1ebfu<\/strong><\/p>\n<p>C\u1ed5 phi\u1ebfu c\u00e1c c\u00f4ng ty \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft tr\u00ean s\u00e0n ch\u1ee9ng kho\u00e1n.<\/p>\n<p>Trong entry <a href=\"http:\/\/chienluocsong.com\/kinh-te-hoc-p32-gia-dau-giam-anh-huong-toi-viet-nam-nhu-the-nao\/\">kinh t\u1ebf h\u1ecdc P<\/a>32\u00a0t\u00f4i c\u00f3 gi\u1ea3i th\u00edch v\u1ec1 \u1ea3nh h\u01b0\u1edfng c\u1ee7a gi\u00e1 d\u1ea7u \u0111\u1ed1i v\u1edbi t\u1eebng lo\u1ea1i doanh nghi\u1ec7p c\u00f3 li\u00ean quan, b\u1ea1n n\u00ean tham kh\u1ea3o b\u00e0i n\u00e0y sau khi \u0111\u1ecdc xong entry n\u00e0y \u0111\u1ec3 c\u00f3 c\u00e1i nh\u00ecn chi ti\u1ebft h\u01a1n.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10208\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-stock-1.png\" alt=\"\" width=\"437\" height=\"311\" srcset=\"https:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-stock-1.png 650w, https:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-stock-1-300x214.png 300w\" sizes=\"auto, (max-width: 437px) 100vw, 437px\" \/>Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n l\u00e0 n\u01a1i t\u1eadp h\u1ee3p c\u1ee7a c\u00e1c doanh nghi\u1ec7p tr\u1ecdng y\u1ebfu c\u1ee7a m\u1ed9t n\u1ec1n kinh t\u1ebf n\u00ean n\u00f3 ph\u1ea3n \u1ea3nh s\u1ee9c kh\u1ecfe c\u1ee7a n\u1ec1n kinh t\u1ebf. Khi th\u1ecb tr\u01b0\u1eddng gi\u00e1 l\u00ean c\u0169ng \u0111\u1ed3ng ngh\u0129a v\u1edbi kinh t\u1ebf \u0111i l\u00ean, c\u1ea7n nhi\u1ec1u d\u1ea7u h\u01a1n \u0111\u1ec3 s\u1ea3n xu\u1ea5t, v\u1eadn chuy\u1ec3n v\u00ec v\u1eady gi\u00e1 d\u1ea7u s\u1ebd t\u0103ng (do c\u1ea7u\u00a0t\u0103ng).<\/p>\n<p>Khi gi\u00e1 d\u1ea7u t\u0103ng\u00a0th\u00ec tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, c\u00e1c c\u00f4ng ty c\u00f3 \u0111\u1ea7u ra l\u00e0 d\u1ea7u s\u1ebd \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u1ee3i v\u00ec b\u00e1n gi\u00e1 cao h\u01a1n v\u00ec v\u1eady c\u1ed5 phi\u1ebfu c\u1ee7a n\u00f3 s\u1ebd t\u0103ng. C\u00e1c doanh nghi\u1ec7p c\u00f3 \u0111\u1ea7u v\u00e0o l\u00e0 d\u1ea7u c\u00e0ng nhi\u1ec1u th\u00ec l\u1ee3i nhu\u1eadn c\u1ee7a n\u00f3 c\u00e0ng b\u1ecb gi\u1ea3m \u0111i v\u00ec v\u1eady c\u1ed5 phi\u1ebfu c\u1ee7a n\u00f3 s\u1ebd gi\u1ea3m ho\u1eb7c kh\u00f4ng t\u0103ng nhanh b\u1eb1ng c\u1ed5 phi\u1ebfu c\u1ee7a c\u00f4ng ty c\u00f3 \u0111\u1ea7u ra l\u00e0 d\u1ea7u.<\/p>\n<p>Ch\u00fang ta ch\u00fa \u00fd r\u1eb1ng gi\u00e1 d\u1ea7u ph\u1ee5 thu\u1ed9c ho\u00e0n to\u00e0n v\u00e0o cung c\u1ea7u m\u00e0 kh\u00f4ng ph\u1ee5 thu\u1ed9c v\u00e0o chi ph\u00ed s\u1ea3n xu\u1ea5t ra m\u1ed7i th\u00f9ng d\u1ea7u. Chi ph\u00ed s\u1ea3n xu\u1ea5t ra m\u1ed7i th\u00f9ng d\u1ea7u g\u1ea7n nh\u01b0 c\u1ed1 \u0111\u1ecbnh,\u00a0gi\u00e1 d\u1ea7u c\u00e0ng t\u0103ng th\u00ec l\u1ee3i nhu\u1eadn c\u1ee7a h\u1ecd c\u00e0ng t\u0103ng.<\/p>\n<p>Bi\u1ebfn \u0111\u1ed9ng c\u1ee7a gi\u00e1 \u0111\u1ea7u \u0111\u01b0\u1ee3c c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 theo d\u00f5i r\u1ea5t s\u00e1t. Trong b\u1ea3n tin t\u00e0i ch\u00ednh khi n\u00f3i v\u1ec1 th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n th\u01b0\u1eddng s\u1ebd \u0111i k\u00e8m theo th\u00f4ng tin v\u1ec1 t\u00ecnh h\u00ecnh gi\u00e1 d\u1ea7u ng\u00e0y h\u00f4m \u0111\u00f3<\/p>\n<p><em>Ghi ch\u00fa : S&amp;P 500 l\u00e0 500 doanh nghi\u1ec7p c\u00f3 v\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng l\u1edbn nh\u1ea5t tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n M\u1ef9. T\u01b0\u01a1ng t\u1ef1 nh\u01b0 VN30 l\u00e0 30 doanh nghi\u1ec7p c\u00f3 v\u1ed1n h\u00f3a l\u1edbn nh\u1ea5t tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam<\/em><\/p>\n<p><strong>3. D\u1ea7u v\u00e0 ch\u1ee9ng kho\u00e1n ph\u00e1i sinh<\/strong><\/p>\n<p>Khi b\u1ea1n mua m\u1ed9t m\u00f3n h\u00e0ng n\u00e0o \u0111\u00f3 th\u00ec b\u1ea1n \u0111\u01b0\u1ee3c nh\u1eadn h\u00e0ng th\u1ef1c, ng\u01b0\u1eddi b\u00e1n nh\u1eadn \u0111\u01b0\u1ee3c ti\u1ec1n th\u1ef1c. C\u00f3 th\u1ec3 vi\u1ec7c giao h\u00e0ng hay tr\u1ea3 ti\u1ec1n \u1edf nh\u1eefng th\u1eddi \u0111i\u1ec3m kh\u00e1c nhau nh\u01b0ng h\u00e0ng h\u00f3a \u0111\u00f3 \u0111\u00e3 r\u1ea5t r\u00f5 r\u00e0ng. \u0110\u00f3 l\u00e0 th\u1ecb tr\u01b0\u1eddng c\u01a1 s\u1edf.<\/p>\n<p>Gi\u1ea3 s\u1eed t\u00f4i l\u00e0 \u00f4ng ch\u1ee7 c\u1ee7a Th\u1ebf gi\u1edbi di \u0111\u1ed9ng d\u1ef1 \u0111\u1ecbnh ph\u00e2n ph\u1ed1i h\u00e0ng n\u00f4ng s\u1ea3n c\u1ee7a B\u1ea7u \u0110\u1ee9c th\u00f4ng qua h\u1ec7 th\u1ed1ng ph\u00e2n ph\u1ed1i c\u1ee7a m\u00ecnh th\u00ec t\u00f4i v\u00e0 B\u1ea7u \u0110\u1ee9c c\u00f3 th\u1ec3 c\u00f3 c\u00e1c lo\u1ea1i h\u1ee3p \u0111\u1ed3ng sau:<\/p>\n<ul>\n<li>B\u1ea7u \u0110\u1ee9c th\u00f4ng b\u00e1o v\u1edbi t\u00f4i l\u00e0 tu\u1ea7n t\u1edbi n\u00f4ng s\u1ea3n s\u1ebd s\u1eb5n s\u00e0ng \u0111\u01b0\u1ee3c b\u00e1n. T\u00f4i v\u00e0 B\u1ea7u \u0110\u1ee9c k\u00fd h\u1ee3p \u0111\u1ed3ng th\u1ed1ng nh\u1ea5t gi\u00e1 c\u1ea3, th\u1eddi gian giao h\u00e0ng, ph\u01b0\u01a1ng th\u1ee9c thanh to\u00e1n, ph\u01b0\u01a1ng th\u1ee9c giao nh\u1eadn h\u00e0ng. \u0110\u00f3 l\u00e0 h\u1ee3p \u0111\u1ed3ng mua b\u00e1n b\u00ecnh th\u01b0\u1eddng.<\/li>\n<li>Gi\u1ea3 s\u1eed 4 th\u00e1ng t\u1edbi m\u1ea5y qu\u1ea3 xo\u00e0i\u00a0c\u1ee7a B\u1ea7u \u0110\u1ee9c m\u1edbi s\u1eb5n s\u00e0ng. Lo ng\u1ea1i n\u1ebfu t\u1edbi l\u00fac \u0111\u00f3 m\u1edbi \u0111\u00e0m ph\u00e1n gi\u00e1 v\u1edbi B\u1ea7u \u0110\u1ee9c th\u00ec c\u00f3 th\u1ec3 gi\u00e1 s\u1ebd cao v\u00ec v\u1eady t\u00f4i thuy\u1ebft ph\u1ee5c\u00a0B\u1ea7u \u0110\u1ee9c k\u00fd m\u1ed9t h\u1ee3p \u0111\u1ed3ng th\u01b0\u1eddng \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 h\u1ee3p \u0111\u1ed3ng nguy\u00ean t\u1eafc. Th\u1ecfa thu\u1eadn v\u1edbi nhau \u1edf gi\u00e1 X \u0111\u1ed3ng, t\u1edbi th\u1eddi \u0111i\u1ec3m giao h\u00e0ng m\u1eb7c cho gi\u00e1 xo\u00e0i tr\u00ean th\u1ecb tr\u01b0\u1eddng\u00a0t\u0103ng hay gi\u1ea3m th\u00ec gi\u00e1 v\u1eabn l\u00e0 X \u0111\u1ed3ng. B\u1ea7u \u0110\u1ee9c s\u1ebd thu \u0111\u01b0\u1ee3c l\u1ee3i \u00edch l\u00e0 an t\u00e2m v\u1ec1 \u0111\u1ea7u ra v\u00e0 gi\u00e1. T\u00f4i th\u00ec ng\u1ee7 ngon v\u00ec g\u1ea7n nh\u01b0 ch\u1eafc l\u00e3i do kh\u00f4ng c\u00f3 r\u1ee7i ro \u0111\u1ea7u v\u00e0o. H\u1ee3p \u0111\u1ed3ng \u0111\u00f3 \u0111\u00fang t\u00ean g\u1ecdi chuy\u00ean ng\u00e0nh g\u1ecdi l\u00e0 <strong><span style=\"color: #ff0000;\">h\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n <\/span><\/strong>(b\u00ecnh th\u01b0\u1eddng ta hay g\u1ecd l\u00e0 h\u1ee3p \u0111\u1ed3ng nguy\u00ean t\u1eafc)<\/li>\n<li>N\u1ebfu t\u00f4i \u0111\u01b0a h\u1ee3p \u0111\u1ed3ng k\u00fd h\u1ea1n \u0111\u00f3 l\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n\u00a0th\u00ec c\u00f3 th\u1ec3 \u00f4ng Vinmart th\u00edch th\u00fa v\u1edbi h\u1ee3p \u0111\u1ed3ng \u0111\u00f3 v\u00e0 mua l\u1ea1i h\u1ee3p \u0111\u1ed3ng \u0111\u00f3 v\u1edbi gi\u00e1 m\u00e0 t\u00f4i mong mu\u1ed1n. \u0110\u00f3 g\u1ecdi l\u00e0 <strong><span style=\"color: #ff0000;\">h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai.<\/span><\/strong><\/li>\n<li>T\u00f4i v\u00e0 B\u1ea7u \u0110\u1ee9c c\u00f3 th\u1ec3 k\u00fd v\u1edbi nhau m\u1ed9t h\u1ee3p \u0111\u1ed3ng trong \u0111\u00f3 t\u00f4i c\u00f3 quy\u1ec1n mua\u00a0xo\u00e0i tr\u01b0\u1edbc m\u1ed9t th\u1eddi \u0111i\u1ec3m X trong\u00a0t\u01b0\u01a1ng lai. T\u1edbi th\u1eddi \u0111i\u1ec3m \u0111\u00f3 n\u1ebfu th\u1ea5y l\u1ee3i th\u00ec t\u00f4i mua, n\u1ebfu kh\u00f4ng th\u00ec t\u00f4i kh\u00f4ng mua. \u0110\u00f3 g\u1ecdi l\u00e0 <span style=\"color: #ff0000;\"><strong>h\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn<\/strong>.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #339966;\">Gi\u1edd t\u00f4i \u0111\u00f3ng vai tr\u00f2 l\u00e0 B\u1ea7u \u0110\u1ee9c, b\u00ean b\u00e1n:<\/span><\/p>\n<ul>\n<li>L\u00fac B\u1ea7u th\u1ebf gi\u1edbi di \u0111\u1ed9ng (t\u1eeb gi\u1edd g\u1ecdi l\u00e0 B\u1ea7u T\u00e0i) ng\u1ecf l\u1eddi mua n\u00f4ng s\u1ea3n c\u1ee7a t\u00f4i th\u00ec c\u00e1c c\u00e2y xo\u00e0i tr\u00ean c\u00e1nh \u0111\u1ed3ng c\u1ee7a t\u00f4i ch\u01b0a c\u00f3 nh\u00fa ra qu\u1ea3 n\u00e0o c\u1ea3.\u00a0Th\u1ef1c t\u1ebf l\u00e0 t\u00f4i \u0111\u00e3 b\u00e1n h\u00e0ng m\u00e0 t\u00f4i ch\u01b0a c\u00f3 (g\u1ecdi l\u00e0 b\u00e1n kh\u1ed1ng). \u0110\u1ebfn l\u00fac c\u1ea7n giao h\u00e0ng ch\u1eb3ng may\u00a0qu\u1ea3 kh\u00f4ng nh\u00fa ra,\u00a0l\u00fac \u0111\u00f3 t\u00f4i ph\u1ea3i n\u1ed9p ph\u1ea1t cho B\u1ea7u T\u00e0i\u00a0ho\u1eb7c ph\u1ea3i mua h\u00e0ng \u1edf \u0111\u00e2u \u0111\u00f3 \u0111\u1ec3 tr\u1ea3. Tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n ph\u00e1i sinh, m\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 vay c\u1ed5 phi\u1ebfu X \u0111\u1ec3 b\u00e1n \u0111i, t\u1edbi th\u1eddi h\u1ea1n tr\u1ea3 anh ta l\u1ea1i mua c\u1ed5 phi\u1ebfu X \u0111\u00f3 \u0111\u1ec3 tr\u1ea3 n\u1ee3. Anh ta k\u1ef3 v\u1ecdng r\u1eb1ng th\u1ecb tr\u01b0\u1eddng s\u1ebd \u0111i xu\u1ed1ng v\u00ec v\u1eady anh ta b\u00e1n \u1edf \u0111\u1ec9nh nh\u01b0ng mua \u00a0tr\u1ea3 n\u1ee3 \u1edf \u0111\u00e1y.<\/li>\n<li>H\u1ee3p \u0111\u1ed3ng gi\u1eefa t\u00f4i v\u00e0 B\u1ea7u T\u00e0i \u0111\u01b0\u1ee3c \u0111\u00f3ng g\u00f3i \u0111\u1eb9p \u0111\u1ebd v\u00e0 \u0111\u01b0\u1ee3c ph\u00e2n ra th\u00e0nh c\u00e1c g\u00f3i nh\u1ecf ni\u00eam y\u1ebft tr\u00ean TTCK ph\u00e1i sinh. M\u1ed9t \u00f4ng b\u1ea7u n\u00e0o \u0111\u00f3 c\u00f3 nhu c\u1ea7u (\u0111\u1ec3 mua r\u1ebb b\u00e1n \u0111\u1eaft hay l\u00e0 c\u00f3 nhu c\u1ea7u n\u00f4ng s\u1ea3n th\u1eadt) s\u1ebd mua c\u00e1i h\u1ee3p \u0111\u1ed3ng \u0111\u00f3. Khi t\u00f4i b\u00e1n c\u00e1i h\u1ee3p \u0111\u1ed3ng \u0111\u00f3 cho \u00f4ng Y \u0111\u00f3 th\u00ec n\u00f3 tr\u1edf th\u00e0nh h\u1ee3p \u0111\u1ed3ng gi\u1eefa \u00f4ng Y v\u00e0 b\u1ea7u T\u00e0i.<\/li>\n<\/ul>\n<p>H\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n r\u1ea5t ph\u1ed5 bi\u1ebfn. V\u00ed d\u1ee5 nh\u01b0 tr\u01b0\u1edbc c\u00e1c nh\u00e0 m\u00e1y \u0111\u01b0\u1eddng\u00a0ch\u1ec9 cam k\u1ebft mi\u1ec7ng v\u1edbi b\u00e0 con \u00a0t\u1eeb \u0111\u1ea7u m\u00f9a l\u00e0 s\u1ebd thu mua m\u00eda khi thu ho\u1ea1ch. T\u1edbi l\u00fac thu mua th\u00ec h\u1ecd b\u1eaft \u00e9p b\u00e0 con ph\u1ea3i b\u00e1n gi\u00e1 r\u1ebb.\u00a0Ng\u01b0\u1ee3c l\u1ea1i, c\u00f3 khi b\u00e0 con kh\u00f4ng b\u00e1n m\u00eda cho nh\u00e0 m\u00e1y v\u00ec b\u00e1n ch\u1ed7 kh\u00e1c cao h\u01a1n. \u0110\u1ec3 cho c\u1ea3 hai b\u00ean an t\u00e2m th\u00ec \u0111\u01a1n gi\u1ea3n nh\u1ea5t l\u00e0 hai b\u00ean k\u00fd m\u1ed9t h\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n quy \u0111\u1ecbnh r\u00f5 s\u1ea3n l\u01b0\u1ee3ng v\u00e0 gi\u00e1. H\u1ee3p \u0111\u1ed3ng \u0111\u01b0\u1ee3c k\u00fd t\u1ea1i th\u1eddi \u0111i\u1ec3m m\u00e0 th\u1eadm ch\u00ed ng\u01b0\u1eddi ta c\u00f2n ch\u01b0a c\u1eafm c\u00e2y m\u00eda gi\u1ed1ng xu\u1ed1ng \u0111\u1ea5t.<\/p>\n<p>Vi\u1ec7c kinh doanh tr\u00ean th\u1ecb tr\u01b0\u1eddng ph\u00e1i sinh c\u00f3 \u0111\u00f2n b\u1ea9y t\u00e0i ch\u00ednh c\u1ef1c m\u1ea1nh. V\u00ed d\u1ee5 nh\u01b0 khi t\u00f4i mua nh\u00e0 tr\u1ea3 g\u00f3p theo ti\u1ebfn \u0111\u1ed9 x\u00e2y d\u1ef1ng c\u00f3 di\u1ec7n t\u00edch 100 m\u00e9t\u00a0vu\u00f4ng b\u1eaft \u0111\u1ea7u t\u1eeb th\u00e1ng 2\/2017 v\u00e0 giao nh\u00e0 v\u00e0o th\u00e1ng 2\/2019. H\u1ee3p \u0111\u1ed3ng gi\u1eefa t\u00f4i v\u00e0 b\u00ean b\u00e1n l\u00e0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai c\u00f3 gi\u00e1 x\u00e1c \u0111\u1ecbnh l\u00e0 20tr\/m. T\u1edbi th\u1eddi \u0111i\u1ec3m hi\u1ec7n t\u1ea1i th\u00e1ng 7\/2017, gi\u1ea3 s\u1eed gi\u00e1 m\u1ed7i m\u00e9t \u1edf \u0111\u00f3 \u0111\u00e3 l\u00ean t\u1edbi 30tr. \u00d4ng X mua c\u0103n nh\u00e0 \u0111\u00f3 c\u1ee7a t\u00f4i v\u1edbi gi\u00e1 30tr x 100m = 3 t\u1ef7. Th\u1ef1c t\u1ebf l\u00fac \u0111\u00f3 t\u00f4i ch\u01b0a h\u1ec1 b\u1ecf ra 2 t\u1ef7 m\u00e0 m\u1edbi ch\u1ec9 \u0111\u00f3ng c\u00f3 200 tri\u1ec7u v\u00ec v\u1eady \u00f4ng X s\u1ebd tr\u1ea3 t\u00f4i = 3 t\u1ef7 &#8211; 2 t\u1ef7 + 200 tri\u1ec7u = 1,2 t\u1ef7. L\u1ee3i nhu\u1eadn t\u00f4i \u0111\u1ea1t \u0111\u01b0\u1ee3c sau 5 th\u00e1ng \u0111\u1ea7u t\u01b0 l\u00e0 g\u1ea5p 6 l\u1ea7n.<\/p>\n<p>B\u1ea5t c\u1ee9 m\u1ed9t lo\u1ea1i h\u00e0ng h\u00f3a n\u00e0o c\u0169ng c\u00f3 th\u1ec3 mua b\u00e1n theo h\u00ecnh th\u1ee9c tr\u00ean. Khi c\u00e1c h\u1ee3p \u0111\u1ed3ng mua b\u00e1n \u0111\u00f3 \u0111\u01b0\u1ee3c \u0111\u00f3ng g\u00f3i, chia nh\u1ecf th\u00ec n\u00f3 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n ph\u00e1i sinh.<\/p>\n<p>N\u00f3i d\u00e0i d\u00f2ng th\u1ebf \u0111\u1ec3 th\u1ea5y ch\u1ee9ng kho\u00e1n ph\u00e1i sinh c\u00f3 li\u00ean quan t\u1edbi y\u1ebfu t\u1ed1 d\u1ef1 b\u00e1o t\u01b0\u01a1ng lai. Khi m\u1ed9t ch\u1ee9ng kho\u00e1n ph\u00e1i sinh c\u1ee7a m\u1ed9t ng\u00e0nh n\u00e0o \u0111\u00f3 b\u1ecb gi\u1ea3m gi\u00e1 th\u00ec ch\u1ee9ng t\u1ecf r\u1eb1ng ng\u01b0\u1eddi ta c\u00f3 d\u1ef1 c\u1ea3m ti\u00eau c\u1ef1c v\u1ec1 h\u00e0ng h\u00f3a li\u00ean quan t\u1edbi n\u00f3 v\u00e0 ng\u01b0\u1ee3c l\u1ea1i.<\/p>\n<p>Gi\u00e1 d\u1ea7u ph\u1ea3n \u00e1nh tr\u1ef1c ti\u1ebfp l\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n (th\u1ecb tr\u01b0\u1eddng c\u01a1 s\u1edf) \u1edf kho\u1ea3ng th\u1eddi gian quanh hi\u1ec7n t\u1ea1i. N\u00f3 \u1ea3nh h\u01b0\u1edfng l\u00ean th\u1ecb tr\u01b0\u1eddng ph\u00e1i sinh th\u00f4ng qua vi\u1ec7c ng\u01b0\u1eddi ta d\u1ef1 b\u00e1o gi\u00e1 d\u1ea7u \u1edf t\u01b0\u01a1ng lai\u00a0xa, \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e1c ng\u00e0nh c\u00f3 li\u00ean quan t\u1edbi \u0111\u1ea7u ra li\u00ean quan t\u1edbi d\u1ea7u hay c\u00f3 \u0111\u1ea7u v\u00e0o m\u00e0 d\u1ea7u chi\u1ebfm t\u1ef7 tr\u1ecdng l\u1edbn.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>4. D\u1ea7u v\u00e0 Th\u1ef1c ph\u1ea9m<\/strong><\/p>\n<p>D\u1ea7u d\u00f9ng \u0111\u1ec3 s\u1ea3n xu\u1ea5t ph\u00e2n b\u00f3n, v\u1eadn chuy\u1ec3n n\u00f4ng s\u1ea3n v\u00ec v\u1eady gi\u00e1 d\u1ea7u t\u1ef7 l\u1ec7 thu\u1eadn v\u1edbi gi\u00e1 l\u01b0\u01a1ng th\u1ef1c. Khi gi\u00e1 d\u1ea7u t\u0103ng th\u00ec chi ph\u00ed s\u1ea3n xu\u1ea5t t\u0103ng -&gt; Gi\u00e1 b\u00e1n th\u1ef1c ph\u1ea9m t\u0103ng.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10209\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/Food_price_index_vs_Curde_oil_price.jpg\" alt=\"\" width=\"502\" height=\"263\" srcset=\"https:\/\/chienluocsong.com\/wp-content\/uploads\/Food_price_index_vs_Curde_oil_price.jpg 700w, https:\/\/chienluocsong.com\/wp-content\/uploads\/Food_price_index_vs_Curde_oil_price-300x157.jpg 300w\" sizes=\"auto, (max-width: 502px) 100vw, 502px\" \/>Tr\u00ean c\u00e1c bi\u1ec3u \u0111\u1ed3 ta s\u1ebd th\u1ea5y c\u00f3 nh\u1eefng bi\u1ebfn \u0111\u1ed9ng \u0111\u1ed9t ng\u1ed9t v\u00e0o n\u0103m 2008. N\u0103m 2008 l\u00e0 kh\u1ee7ng ho\u1ea3ng kinh t\u1ebf th\u1ebf gi\u1edbi xu\u1ea5t ph\u00e1t t\u1eeb bong b\u00f3ng nh\u00e0 \u0111\u1ea5t M\u1ef9. Qua kh\u1ee7ng ho\u1ea3ng \u0111\u1ed3 th\u1ecb \u0111i xu\u1ed1ng do kinh t\u1ebf suy tho\u00e1i. N\u1ebfu t\u00ecm hi\u1ec3u s\u00e2u th\u00ec bong b\u00f3ng \u0111\u00f3 b\u1ecb th\u1ed5i l\u00ean nhanh b\u1edfi c\u00e1c c\u00f4ng c\u1ee5 ph\u00e1i sinh nh\u01b0 \u1edf m\u1ee5c tr\u00ean t\u00f4i c\u00f3 gi\u1ea3i th\u00edch.<\/p>\n<p>Gi\u00e1 d\u1ea7u hi\u1ec7n nay ch\u1ec9 loanh quanh d\u01b0\u1edbi m\u1ee9c 50 usd trong khi c\u00f3 l\u00fac \u0111\u00e3 l\u00ean t\u1edbi t\u1eadn 190 usd th\u00f9ng v\u00e0o n\u0103m 2009. \u0110\u00f3 l\u00e0 tin t\u1ed1t cho an to\u00e0n l\u01b0\u01a1ng th\u1ef1c th\u1ebf gi\u1edbi.<\/p>\n<p>T\u01b0\u01a1ng t\u1ef1 \u0111\u1ed1i v\u1edbi c\u00e1c h\u00e0ng h\u00f3a c\u00f3 \u0111\u1ea7u v\u00e0o l\u00e0 d\u1ea7u kh\u00e1c th\u00ec gi\u00e1 d\u1ea7u t\u0103ng s\u1ebd k\u00e9o gi\u00e1 c\u00e1c h\u00e0ng h\u00f3a \u0111\u00f3 t\u0103ng.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10210 alignnone\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-steel.png\" alt=\"\" width=\"850\" height=\"467\" srcset=\"https:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-steel.png 850w, https:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-steel-300x165.png 300w, https:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-steel-768x422.png 768w\" sizes=\"auto, (max-width: 850px) 100vw, 850px\" \/><\/p>\n<p>\u0110\u1ee9ng \u1edf v\u1ecb tr\u00ed ng\u01b0\u1eddi ti\u00eau d\u00f9ng, b\u1ea1n c\u00f3 th\u1ec3 \u0111\u01a1n gi\u1ea3n ngh\u0129 r\u1eb1ng d\u1ea7u c\u00e0ng th\u1ea5p th\u00ec c\u00e0ng t\u1ed1t ch\u1ee9 sao, gi\u00e1 x\u0103ng s\u1ebd r\u1ebb h\u01a1n, gi\u00e1 h\u00e0ng h\u00f3a s\u1ebd r\u1ebb h\u01a1n,..m\u1ecdi th\u1ee9 s\u1ebd r\u1ebb h\u01a1n. V\u1eady t\u1ea1i sao ph\u1ea3i lo l\u1eafng khi gi\u00e1 d\u1ea7u xu\u1ed1ng th\u1ea5p? B\u1ea3n th\u00e2n d\u1ea7u gi\u1ea3m l\u00e0 t\u1ed1t, n\u00f3 ch\u1ec9 kh\u00f4ng t\u1ed1t v\u00ec n\u00f3 ph\u1ea3n \u00e1nh m\u1ed9t n\u1ec1n kinh t\u1ebf \u0111i xu\u1ed1ng (th\u1ea5t nghi\u1ec7p gia t\u0103ng s\u1ebd khi\u1ebfn thu nh\u1eadp gi\u1ea3m xu\u1ed1ng; c\u00f3 ngh\u0129a l\u00e0 \u0111\u1ea7u v\u00e0o c\u1ee7a ng\u01b0\u1eddi d\u00e2n c\u00f3 th\u1ec3 c\u00f2n gi\u1ea3m nhi\u1ec1u h\u01a1n nhi\u1ec1u so v\u1edbi c\u00e1i l\u1ee3i \u1edf \u0111\u1ea7u ra do gi\u00e1 h\u00e0ng h\u00f3a gi\u1ea3m )<\/p>\n<p>T\u00f3m l\u1ea1i, gi\u00e1 d\u1ea7u l\u00e0 m\u1ed9t th\u00f4ng s\u1ed1 r\u1ea5t quan tr\u1ecdng. B\u1ea1n h\u00e3y ch\u00fa \u00fd t\u1edbi n\u00f3, t\u00ecm hi\u1ec3u m\u1ed1i t\u01b0\u01a1ng quan c\u1ee7a n\u00f3 v\u1edbi c\u00e1c ch\u1ec9 s\u1ed1 v\u0129 m\u00f4, v\u1edbi c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n kh\u00e1c. Th\u00f4ng th\u01b0\u1eddng m\u1ed9t b\u1ea3n tin khi n\u00f3i t\u1edbi gi\u00e1 d\u1ea7u t\u0103ng hay gi\u1ea3m c\u0169ng n\u00f3i lu\u00f4n t\u00e1c \u0111\u1ed9ng c\u1ee7a n\u00f3 t\u1edbi th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, th\u1ecb tr\u01b0\u1eddng ti\u1ec1n t\u1ec7, th\u1ecb tr\u01b0\u1eddng v\u00e0ng, \u00a0th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i, th\u1ecb tr\u01b0\u1eddng nh\u00e0 \u0111\u1ea5t,&#8230;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div class='stb-container stb-style-info stb-caption-box stb-no-caption'>\n<div class='stb-caption'>\n<div class='stb-logo'><img class='stb-logo__image' src='http:\/\/chienluocsong.com\/wp-content\/plugins\/wp-special-textboxes\/images\/info.png' alt='img'\/><\/div>\n<div class='stb-caption-content'>Cu\u1ed9c chi\u1ebfn gi\u00e1 d\u1ea7u<\/div>\n<div class='stb-tool'><\/div>\n<\/div>\n<div class='stb-content'>\n<p>Trong th\u1eddi gian g\u1ea7n \u0111\u00e2y, cu\u1ed9c chi\u1ebfn gi\u00e1 d\u1ea7u \u0111\u01b0\u1ee3c b\u1eaft \u0111\u1ea7u t\u1eeb th\u00e1ng 11\/2010, g\u1ed3m 2 giai \u0111o\u1ea1n: giai \u0111o\u1ea1n \u0111\u1ea7u t\u1eeb th\u00e1ng 11\/2010 \u0111\u1ebfn th\u00e1ng 9\/2014, v\u1edbi v\u0169 kh\u00ed l\u00e0 gi\u00e1 d\u1ea7u cao v\u00e0 giai \u0111o\u1ea1n hai b\u1eaft \u0111\u1ea7u t\u1eeb th\u00e1ng 10\/2014 \u0111\u1ebfn nay ch\u01b0a ch\u1ea5m d\u1ee9t v\u1edbi v\u0169 kh\u00ed l\u00e0 gi\u00e1 d\u1ea7u c\u1ef1c th\u1ea5p \u0111\u1ec3 hi\u1ec7n th\u1ef1c h\u00f3a chi\u1ebfn l\u01b0\u1ee3c \u201cng\u1eadp l\u1ee5t th\u1ecb tr\u01b0\u1eddng d\u1ea7u\u201d.<\/p>\n<p>Khi \u0111\u01b0a gi\u00e1 d\u1ea7u th\u00f4 v\u1ec1 gi\u00e1 tr\u1ecb \u0111\u1ed3ng USD 2016, trong giai \u0111o\u1ea1n \u0111\u1ea7u, gi\u00e1 d\u1ea7u trung b\u00ecnh lu\u00f4n cao h\u01a1n 90 USD\/th\u00f9ng do OPEC gi\u1ea3m s\u1ea3n l\u01b0\u1ee3ng t\u1ea1o ra thi\u1ebfu h\u1ee5t ngu\u1ed3n cung, l\u00e0m \u0111i\u00eau \u0111\u1ee9ng c\u00e1c n\u01b0\u1edbc nh\u1eadp kh\u1ea9u d\u1ea7u r\u00f2ng, trong \u0111\u00f3 c\u00f3 M\u1ef9, n\u01b0\u1edbc ti\u00eau th\u1ee5 chi\u1ebfm \u0111\u1ebfn \u00bc ngu\u1ed3n c\u1ea7u d\u1ea7u to\u00e0n c\u1ea7u. C\u00f2n c\u00e1c n\u01b0\u1edbc xu\u1ea5t kh\u1ea9u d\u1ea7u r\u00f2ng, nh\u1ea5t l\u00e0 c\u00e1c th\u00e0nh vi\u00ean Trung \u0110\u00f4ng c\u1ee7a OPEC, thu \u0111\u01b0\u1ee3c si\u00eau l\u1ee3i nhu\u1eadn. Ch\u1ea1y theo l\u1ee3i nhu\u1eadn, c\u00e1c n\u01b0\u1edbc OPEC ngo\u00e0i Trung \u0110\u00f4ng kh\u00f4ng nh\u1eefng kh\u00f4ng tu\u00e2n theo ch\u1ee7 tr\u01b0\u01a1ng gi\u1ea3m s\u1ea3n l\u01b0\u1ee3ng chung c\u1ee7a to\u00e0n kh\u1ed1i m\u00e0 c\u00f2n \u00e2m th\u1ea7m t\u0103ng khai th\u00e1c, c\u1ed9ng v\u1edbi s\u1ea3n l\u01b0\u1ee3ng gia t\u0103ng c\u1ee7a Nga, Na Uy, Brazil, Mexico, \u0111\u01b0a \u0111\u1ebfn tr\u1ea1ng th\u00e1i cung v\u01b0\u1ee3t c\u1ea7u ng\u00e0y c\u00e0ng l\u1edbn tr\u00ean th\u1ecb tr\u01b0\u1eddng d\u1ea7u m\u1ecf.<\/p>\n<p>B\u1eaft \u0111\u1ea7u t\u1eeb th\u00e1ng 7\/2014, gi\u00e1 d\u1ea7u b\u1eaft \u0111\u1ea7u s\u1ee5t gi\u1ea3m theo c\u01a1 ch\u1ebf th\u1ecb tr\u01b0\u1eddng khi c\u00e1n c\u00e2n cung c\u1ea7u m\u1ea5t th\u0103ng b\u1eb1ng. L\u1ea7n n\u00e0y, Arabia c\u00f9ng c\u00e1c \u0111\u1ed3ng minh trong OPEC \u1edf Trung \u0110\u00f4ng thay \u0111\u1ed5i chi\u1ebfn l\u01b0\u1ee3c, kh\u00f4ng quy\u1ebft \u0111\u1ecbnh gi\u1ea3m s\u1ea3n l\u01b0\u1ee3ng \u0111\u1ec3 gi\u1eef gi\u00e1 d\u1ea7u cao m\u00e0 t\u0103ng s\u1ea3n l\u01b0\u1ee3ng \u0111\u1ec3 gi\u00e1 d\u1ea7u s\u1ee5t gi\u1ea3m nhanh, k\u00e9o d\u00e0i, d\u00f9ng gi\u00e1 d\u1ea7u th\u1ea5p \u0111\u1ec3 ch\u1ed1ng l\u1ea1i c\u00e1c \u0111\u1ecbch th\u1ee7 kinh t\u1ebf &#8211; ch\u00ednh tr\u1ecb kh\u00e1c, \u0111\u1eb7c bi\u1ec7t l\u00e0 M\u1ef9, Nga, Iran, nh\u1eb1m c\u00e1c m\u1ee5c ti\u00eau d\u00e0i h\u1ea1n khi ngu\u1ed3n d\u1ea7u th\u1ebf gi\u1edbi c\u1ea1n ki\u1ec7t t\u1ef1 nhi\u00ean v\u00e0 tr\u01b0\u1edbc m\u1eaft l\u00e0 gi\u00e0nh l\u1ea1i th\u1ecb ph\u1ea7n trong ng\u1eafn h\u1ea1n, d\u1ef1a tr\u00ean s\u1ea3n l\u01b0\u1ee3ng d\u1ed3i d\u00e0o v\u00e0 gi\u00e1 th\u00e0nh th\u0103m d\u00f2-khai th\u00e1c th\u00f9ng d\u1ea7u r\u1ea5t th\u1ea5p c\u1ee7a h\u1ecd, ch\u1ec9 b\u1eb1ng kho\u1ea3ng 1\/3-1\/2 so v\u1edbi gi\u00e1 th\u00e0nh c\u1ee7a c\u00e1c n\u01b0\u1edbc s\u1ea3n xu\u1ea5t d\u1ea7u kh\u00e1c.<\/p>\n<p>Trong kho\u1ea3ng th\u1eddi gian n\u00e0y, M\u1ef9 l\u1eb7ng l\u1ebd ph\u00e1t tri\u1ec3n ng\u00e0nh d\u1ea7u kh\u00ed phi truy\u1ec1n th\u1ed1ng do m\u00ecnh n\u1eafm \u0111\u1ed9c quy\u1ec1n c\u00f4ng ngh\u1ec7 th\u0103m d\u00f2 &#8211; khai th\u00e1c, t\u1eebng b\u01b0\u1edbc ph\u1ee5c h\u1ed3i s\u1ea3n l\u01b0\u1ee3ng n\u1ed9i \u0111\u1ecba, gi\u1ea3m t\u00ecnh tr\u1ea1ng nhu c\u1ea7u d\u1ea7u ph\u1ee5 thu\u1ed9c nh\u1eadp kh\u1ea9u qu\u00e1 cao, sau khi s\u1ea3n l\u01b0\u1ee3ng d\u1ea7u kh\u00ed truy\u1ec1n th\u1ed1ng \u0111\u1ea1t \u0111i\u1ec3m \u0111\u1ec9nh n\u0103m 1976 v\u00e0 chuy\u1ec3n d\u1ea7n sang th\u1eddi k\u1ef3 c\u1ea1n ki\u1ec7t. Vi\u1ec7c M\u1ef9 gi\u1ea3m nh\u1eadp kh\u1ea9u d\u1ea7u Trung \u0110\u00f4ng l\u00e0 m\u1ed9t thi\u1ec7t h\u1ea1i r\u1ea5t l\u1edbn cho OPEC. C\u00f2n vi\u1ec7c M\u1ef9 ph\u00e1t tri\u1ec3n c\u00f4ng nghi\u1ec7p d\u1ea7u kh\u00ed phi truy\u1ec1n th\u1ed1ng (d\u1ea7u kh\u00ed phi\u1ebfn s\u00e9t, d\u1ea7u kh\u00ed trong \u0111\u00e1 c\u00e1t r\u1eafn ch\u1eafc\u2026) v\u1edbi tr\u1eef l\u01b0\u1ee3ng d\u1ef1 b\u00e1o \u1edf M\u1ef9 c\u0169ng nh\u01b0 tr\u00ean to\u00e0n th\u1ebf gi\u1edbi r\u1ea5t l\u1edbn, l\u1ea1i l\u00e0 d\u1ea7u ng\u1ecdt ch\u1ea5t l\u01b0\u1ee3ng cao, th\u00ec c\u1ea5u tr\u00fac th\u1ecb tr\u01b0\u1eddng d\u1ea7u kh\u00ed trong t\u01b0\u01a1ng lai s\u1ebd thay \u0111\u1ed5i c\u01a1 b\u1ea3n, r\u1ea5t b\u1ea5t l\u1ee3i cho c\u00e1c n\u01b0\u1edbc gi\u00e0u t\u00e0i nguy\u00ean d\u1ea7u kh\u00ed truy\u1ec1n th\u1ed1ng. Tuy nhi\u00ean, gi\u00e1 th\u00e0nh khai th\u00e1c lo\u1ea1i d\u1ea7u n\u00e0y hi\u1ec7n nay c\u00f2n kh\u00e1 cao, th\u01b0\u1eddng h\u01a1n 50 USD\/th\u00f9ng. N\u1ebfu gi\u00e1 d\u1ea7u xu\u1ed1ng d\u01b0\u1edbi 40 USD\/th\u00f9ng th\u00ec ph\u1ea7n l\u1edbn c\u00e1c m\u1ecf phi truy\u1ec1n th\u1ed1ng trong \u0111i\u1ec1u ki\u1ec7n hi\u1ec7n nay tr\u1edf th\u00e0nh phi kinh t\u1ebf v\u00e0 ng\u00e0nh c\u00f4ng nghi\u1ec7p n\u00e0y \u00edt nh\u1ea5t s\u1ebd ch\u1eadm ph\u00e1t tri\u1ec3n n\u1ebfu kh\u00f4ng n\u00f3i l\u00e0 ph\u00e1 s\u1ea3n. V\u00ec v\u1eady, ng\u0103n ch\u1eb7n vi\u1ec7c \u0111\u01b0a d\u1ea7u kh\u00ed phi truy\u1ec1n th\u1ed1ng M\u1ef9 v\u00e0 c\u1ee7a c\u00e1c n\u01b0\u1edbc kh\u00e1c ra th\u1ecb tr\u01b0\u1eddng l\u00e0 m\u1ed9t m\u1ee5c ti\u00eau kh\u00f4ng h\u1ec1 nh\u1ecf c\u1ee7a Arabia Saudi.<\/p>\n<p>Nga l\u00e0 n\u01b0\u1edbc ti\u00eau th\u1ee5 d\u1ea7u kh\u00ed kh\u00f4ng cao nh\u01b0ng r\u1ea5t gi\u00e0u t\u00e0i nguy\u00ean d\u1ea7u kh\u00ed, n\u1ebfu ch\u00fa \u00fd \u0111\u1ebfn con s\u1ed1 tr\u1eef l\u01b0\u1ee3ng x\u00e1c minh hi\u1ec7n c\u00f3 c\u1ed9ng v\u1edbi di\u1ec7n t\u00edch c\u00f3 kh\u1ea3 n\u0103ng ch\u1ee9a d\u1ea7u kh\u00ed \u1edf v\u00e0nh \u0111ai B\u1eafc C\u1ef1c thu\u1ed9c Nga ch\u01b0a \u0111\u01b0\u1ee3c th\u0103m d\u00f2 c\u00f2n r\u1ed9ng m\u00eanh m\u00f4ng. Hi\u1ec7n nay, ngu\u1ed3n thu t\u1eeb xu\u1ea5t kh\u1ea9u d\u1ea7u kh\u00ed chi\u1ebfm \u0111\u1ebfn h\u01a1n 50 % ng\u00e2n s\u00e1ch nh\u00e0 n\u01b0\u1edbc Nga, trong l\u00fac n\u1ec1n kinh t\u1ebf v\u00e0 an ninh Nga \u0111ang \u0111\u1ee9ng tr\u01b0\u1edbc kh\u00f4ng \u00edt kh\u00f3 kh\u0103n. Gi\u00e1 th\u00e0nh th\u0103m d\u00f2 &#8211; khai th\u00e1c th\u00f9ng d\u1ea7u Nga c\u0169ng r\u1ea5t cao do c\u00f4ng ngh\u1ec7 ch\u01b0a hi\u1ec7n \u0111\u1ea1i, \u0111i\u1ec1u ki\u1ec7n \u0111\u1ecba ch\u1ea5t &#8211; \u0111\u1ecba l\u00fd ph\u1ee9c t\u1ea1p. Do nhu c\u1ea7u t\u00e0i ch\u00ednh cao n\u00ean gi\u00e1 d\u1ea7u c\u00e0ng th\u1ea5p, Nga l\u1ea1i c\u00e0ng c\u1ea7n khai th\u00e1c nhi\u1ec1u d\u1ea7u, s\u1ea3n l\u01b0\u1ee3ng t\u1eeb hai n\u0103m nay \u0111\u00e3 v\u01b0\u1ee3t Arabia Saudi, n\u00ean Nga \u0111ang gi\u1eef v\u1ecb tr\u00ed \u0111\u1ee9ng \u0111\u1ea7u trong th\u1ebf gi\u1edbi d\u1ea7u kh\u00ed. V\u1ec1 ch\u00ednh tr\u1ecb, Nga \u0111ang \u1ee7ng h\u1ed9 Iran, Syria l\u00e0 hai \u0111\u1ed1i th\u1ee7 c\u1ee7a Arabia Saudi, n\u00ean vi\u1ec7c ch\u1ed1ng Nga c\u1ee7a Arabia Saudi l\u00e0 r\u1ea5t d\u1ec5 hi\u1ec3u.<\/p>\n<p>Iran c\u00f3 tr\u1eef l\u01b0\u1ee3ng d\u1ea7u x\u00e1c minh \u0111\u1ea7u n\u0103m 2016 \u0111\u1ea1t tr\u00ean 157 t\u1ef7 th\u00f9ng, ch\u1ec9 \u0111\u1ee9ng sau Arabia Saudi (265,8 t\u1ef7 th\u00f9ng) v\u00e0 l\u00e0 \u0111\u1ed1i th\u1ee7 c\u1ee7a M\u1ef9, T\u00e2y \u00c2u c\u0169ng nh\u01b0 c\u00e1c n\u01b0\u1edbc H\u1ed3i gi\u00e1o theo d\u00f2ng Sunny do Arabia Saudi \u0111\u1ee9ng \u0111\u1ea7u. Tr\u01b0\u1edbc chi\u1ebfn tranh Iraq-Iran, s\u1ea3n l\u01b0\u1ee3ng d\u1ea7u c\u1ee7a Iran \u0111\u1ea1t g\u1ea7n 4 tri\u1ec7u th\u00f9ng\/ng\u00e0y, nh\u01b0ng sau \u0111\u00f3 s\u1ee5t gi\u1ea3m tri\u1ec1n mi\u00ean do ph\u01b0\u01a1ng t\u00e2y bao v\u00e2y, c\u1ea5m v\u1eadn, c\u01a1 s\u1edf h\u1ea1 t\u1ea7ng v\u00e0 thi\u1ebft b\u1ecb c\u00f4ng ngh\u1ec7 khai th\u00e1c d\u1ea7u kh\u00f4ng \u0111\u01b0\u1ee3c thay \u0111\u1ed5i, c\u00e0ng ng\u00e0y c\u00e0ng l\u1ea1c h\u1eadu, h\u01b0 h\u1ecfng n\u00ean s\u1ea3n l\u01b0\u1ee3ng n\u0103m 2015 ch\u1ec9 c\u00f2n kho\u1ea3ng 2,8 tri\u1ec7u th\u00f9ng\/ng\u00e0y. T\u1eeb n\u0103m 2013, c\u0103ng th\u1eb3ng gi\u1eefa Iran v\u00e0 ph\u01b0\u01a1ng t\u00e2y b\u1eaft \u0111\u1ea7u gi\u1ea3m, sang n\u0103m 2015, c\u00e1c \u0111i\u1ec1u ki\u1ec7n c\u1ea5m v\u1eadn \u0111\u01b0\u1ee3c d\u1ea7n d\u1ea7n d\u1ee1 b\u1ecf ph\u1ea7n l\u1edbn, s\u1ea3n l\u01b0\u1ee3ng n\u0103m 2016 t\u0103ng l\u00ean 3,1 tri\u1ec7u th\u00f9ng\/ng\u00e0y v\u00e0 tuy\u00ean b\u1ed1 s\u1ebd ph\u1ee5c h\u1ed3i nhanh m\u1ee9c s\u1ea3n l\u01b0\u1ee3ng \u0111\u1ec3 \u0111\u1ea1t m\u1ee9c 4,6 tri\u1ec7u th\u00f9ng\/ng\u00e0y trong th\u1eddi gian t\u1edbi. V\u00ec gi\u00e1 th\u00e0nh khai th\u00e1c d\u1ea7u Iran th\u1ea5p n\u00ean l\u1ee3i nhu\u1eadn t\u1eeb d\u1ea7u xu\u1ea5t kh\u1ea9u v\u1eabn \u0111\u1ea3m b\u1ea3o ngay khi gi\u00e1 d\u1ea7u th\u1ea5p d\u01b0\u1edbi 40USD\/th\u00f9ng, v\u00ec v\u1eady, Iran \u0111ang thu h\u00fat m\u1ea1nh c\u00e1c c\u00f4ng ty d\u1ea7u kh\u00ed qu\u1ed1c t\u1ebf \u0111\u1ebfn \u0111\u1ea7u t\u01b0 v\u00e0 c\u00e1c n\u01b0\u1edbc ti\u00eau th\u1ee5 d\u1ea7u l\u1edbn \u0111ua nhau k\u00fd c\u00e1c h\u1ee3p \u0111\u1ed3ng mua d\u1ea7u d\u00e0i h\u1ea1n v\u1edbi Iran. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 th\u1ecb ph\u1ea7n c\u1ee7a Arabia Saudi tr\u00ean th\u1ecb tr\u01b0\u1eddng th\u1ebf gi\u1edbi s\u1ebd gi\u1ea3m, v\u1ecb th\u1ebf c\u1ee7a Iran \u1edf Trung \u0110\u00f4ng s\u1ebd t\u0103ng. Nh\u01b0 v\u1eady, vi\u1ec7c Iran tr\u1edf n\u00ean h\u00f9ng m\u1ea1nh l\u00e0 \u0111i\u1ec1u kh\u00f4ng mong mu\u1ed1n c\u1ee7a M\u1ef9 v\u00e0 c\u1ea3 c\u1ee7a Arabia Saudi, m\u1eb7c d\u00f9 Iran l\u00e0 th\u00e0nh vi\u00ean c\u1ee7a OPEC.<\/p>\n<p>Di\u1ec5n bi\u1ebfn gi\u00e1 d\u1ea7u trong th\u1eddi gian t\u1eeb cu\u1ed1i n\u0103m 2014 \u0111\u1ebfn th\u00e1ng 8\/2016 cho th\u1ea5y, Arabia Saudi v\u00e0 c\u00e1c \u0111\u1ed3ng minh th\u00e2n c\u1eadn c\u1ee7a h\u1ecd trong OPEC r\u1ea5t ki\u00ean quy\u1ebft \u0111\u01b0a gi\u00e1 d\u1ea7u xu\u1ed1ng th\u1ea5p, \u0111\u1ebfn m\u1ee9c h\u1ecd tin l\u00e0 c\u00e1c \u0111\u1ed1i th\u1ee7 kh\u00f4ng th\u1ec3 ch\u1ecbu \u0111\u1ef1ng n\u1ed5i. Th\u00e1ng 6\/2016, Arabia Saudi \u0111\u00e3 t\u0103ng s\u1ea3n l\u01b0\u1ee3ng l\u00ean 10,55 tri\u1ec7u th\u00f9ng\/ng\u00e0y v\u00e0 t\u0103ng xu\u1ea5t kh\u1ea9u l\u00ean m\u1ee9c 7 tri\u1ec7u 456 ngh\u00ecn th\u00f9ng\/ng\u00e0y, cao nh\u1ea5t t\u00ednh t\u1eeb 2012. Sang th\u00e1ng 7, s\u1ea3n l\u01b0\u1ee3ng t\u0103ng th\u00eam 12.000 th\u00f9ng\/ng\u00e0y v\u00e0 ti\u1ebfp t\u1ee5c t\u0103ng \u0111\u1ec3 v\u01b0\u1ee3t l\u00ean tr\u00ean m\u1ee9c s\u1ea3n l\u01b0\u1ee3ng Nga, trong l\u00fac hai b\u1ed9 tr\u01b0\u1edfng d\u1ea7u m\u1ecf Nga v\u00e0 Arabia Saudi \u0111\u00e3 \u0111\u1ed3ng \u00fd \u0111\u00f3ng b\u0103ng s\u1ea3n l\u01b0\u1ee3ng, nh\u01b0ng ch\u1ee7 tr\u01b0\u01a1ng n\u00e0y ch\u01b0a \u0111\u01b0\u1ee3c tri\u1ec3n khai.<\/p>\n<p>Vi\u1ec7c th\u1ef1c hi\u1ec7n chi\u1ebfn l\u01b0\u1ee3c \u201cng\u1eadp l\u1ee5t th\u1ecb tr\u01b0\u1eddng d\u1ea7u\u201d c\u1ee7a OPEC \u0111\u00e3 \u0111\u01b0a gi\u00e1 d\u1ea7u trung b\u00ecnh t\u1eeb 115 USD\/th\u00f9ng n\u0103m 2014 xu\u1ed1ng 27 USD\/th\u00f9ng v\u00e0o th\u00e1ng 1\/2016.K\u1ebft qu\u1ea3 l\u00e0 kh\u00f4ng ch\u1ec9 Nga v\u00e0 c\u00e1c n\u01b0\u1edbc s\u1ea3n xu\u1ea5t d\u1ea7u nh\u1ecf b\u1ecb thi\u1ec7t h\u1ea1i n\u1eb7ng n\u1ec1 m\u00e0 c\u1ea3 OPEC c\u0169ng mang v\u1ea1. N\u1ec1n kinh t\u1ebfVenezuela d\u1ef1a v\u00e0o d\u1ea7u b\u1ecb s\u1ee5p \u0111\u1ed5 nhanh nh\u1ea5t ,ti\u1ebfp \u0111\u1ebfn l\u00e0 Algeria, Nigeria.<\/p>\n<p>Do thi\u1ebft b\u1ecb khai th\u00e1c v\u00e0 c\u01a1 s\u1edf h\u1ea1 t\u1ea7ng kh\u00f4ng \u0111\u01b0\u1ee3c n\u00e2ng c\u1ea5p, l\u1ea1i b\u1eaft \u00e9p m\u1ecf ph\u1ea3i khai th\u00e1c v\u01b0\u1ee3t qu\u00e1 c\u00f4ng su\u1ea5t d\u1ef1 ph\u00f2ng, d\u1eabn \u0111\u1ebfn c\u00e1c t\u1ea7ng ch\u1ee9a b\u1ecb ng\u1eadp n\u01b0\u1edbc, n\u00ean h\u1ec7 s\u1ed1 suy gi\u1ea3m s\u1ea3n l\u01b0\u1ee3ng \u1edf c\u00e1c m\u1ecf tr\u01b0\u1edfng th\u00e0nh c\u1ee7a Venezuela gi\u1ea3m h\u00e0ng n\u0103m t\u1eeb 15% &#8211; 25%. S\u1ea3n l\u01b0\u1ee3ng d\u1ea7u nh\u1eb9 khai th\u00e1c \u1edf v\u00e0nh \u0111ai Orinoco gi\u1ea3m, kh\u00f4ng \u0111\u1ee7 \u0111\u1ec3 tr\u1ed9n v\u1edbi d\u1ea7u n\u1eb7ng d\u1eabn \u0111\u1ebfn thu nh\u1eadp t\u1eeb xu\u1ea5t kh\u1ea9u d\u1ea7u th\u00f4 n\u1eb7ng, v\u1edbi gi\u00e1 c\u1ef1c th\u1ea5p, l\u00e0m cho PDVSA kh\u00f4ng \u0111\u1ee7 ti\u1ec1n \u0111\u1ec3 t\u00e1i s\u1ea3n xu\u1ea5t, tr\u1ea3 c\u1ed5 t\u1ee9c, n\u00ean n\u1ee3 v\u00e0 n\u1ea1n th\u1ea5t nghi\u1ec7p c\u00e0ng t\u0103ng, kh\u00f4ng nh\u1eefng \u0111e d\u1ecda ng\u00e0nh d\u1ea7u m\u00e0 c\u00f2n \u1ea3nh h\u01b0\u1edfng x\u1ea5u \u0111\u1ebfn c\u00e1c ng\u00e0nh s\u1ea3n xu\u1ea5t kh\u00e1c, g\u00e2y ra m\u1ea5t an ninh x\u00e3 h\u1ed9i nghi\u00eam tr\u1ecdng.<\/p>\n<p>Algeria l\u00e0 m\u1ed9t th\u00e0nh vi\u00ean l\u1edbn c\u1ee7a OPEC, d\u1ea7u kh\u00ed chi\u1ebfm \u0111\u1ebfn 95% gi\u00e1 tr\u1ecb h\u00e0ng h\u00f3a xu\u1ea5t kh\u1ea9u v\u00e0 \u0111\u00f3ng g\u00f3p v\u00e0o ng\u00e2n s\u00e1ch nh\u00e0 n\u01b0\u1edbc \u0111\u1ebfn 75% n\u00ean gi\u00e1 d\u1ea7u th\u1ea5p \u1ea3nh h\u01b0\u1edfng n\u1eb7ng n\u1ec1 \u0111\u1ebfn GDP, \u0111\u1ea9y l\u1ea1m ph\u00e1t ti\u1ec1n t\u1ec7 l\u00ean cao v\u00e0 n\u1ec1n kinh t\u1ebf c\u00e0ng suy tho\u00e1i.<\/p>\n<p>Th\u00e2m h\u1ee5t ng\u00e2n s\u00e1ch c\u1ee7a Arabia Saudi c\u0169ng b\u1ecb b\u00e1o \u0111\u1ed9ng v\u00e0 ch\u00ednh ph\u1ee7 n\u01b0\u1edbc n\u00e0y \u0111\u00e3 ph\u1ea3i \u00e1p d\u1ee5ng ch\u00ednh s\u00e1ch th\u1eaft l\u01b0ng bu\u1ed9c b\u1ee5ng, h\u1ea1n ch\u1ebf \u0111\u1ea7u t\u01b0 v\u00e0 chi ti\u00eau c\u00f4ng, gi\u1ea3m ng\u00e2n s\u00e1ch y t\u1ebf, gi\u00e1o d\u1ee5c, ti\u1ec1n l\u01b0\u01a1ng, ph\u00fac l\u1ee3i x\u00e3 h\u1ed9i trong \u0111i\u1ec1u ki\u1ec7n to\u00e0n d\u00e2n tr\u01b0\u1edbc \u0111\u00f3 quen s\u1ed1ng trong gi\u00e0u c\u00f3 nh\u1edd ti\u1ec1n tr\u1ee3 c\u1ea5p t\u1eeb ng\u00e2n s\u00e1ch. H\u00e0ng ng\u00e0n ng\u01b0\u1eddi \u0110\u00f4ng nam \u00c1 l\u00e0m thu\u00ea \u1edf n\u01b0\u1edbc n\u00e0y m\u1ea5t vi\u1ec7c ph\u1ea3i quay v\u1ec1 n\u01b0\u1edbc m\u00e0 kh\u00f4ng nh\u1eadn \u0111\u01b0\u1ee3c l\u01b0\u01a1ng trong 8 th\u00e1ng \u0111\u1ea7u n\u0103m 2016. C\u00f9ng v\u1edbi m\u1ee9c s\u1ed1ng xu\u1ed1ng th\u1ea5p, v\u1edbi s\u1ef1 k\u00edch \u0111\u1ed9ng c\u1ee7a c\u00e1c phe ph\u00e1i h\u1ed3i gi\u00e1o c\u1ef1c \u0111oan, c\u00e1c t\u1ec7 n\u1ea1n x\u0103 h\u1ed9i, c\u0169ng nh\u01b0 ho\u1ea1t \u0111\u1ed9ng kh\u1ee7ng b\u1ed1, m\u1ea5t an ninh gia t\u0103ng trong c\u1ea3 khu v\u1ef1c Trung \u0110\u00f4ng.<\/p>\n<p>N\u01b0\u1edbc Nga m\u1edf l\u1ed1i tho\u00e1t b\u1eb1ng chi\u1ebfn l\u01b0\u1ee3c xu\u1ea5t kh\u1ea9u d\u1ea7u kh\u00ed h\u01b0\u1edbng v\u1ec1 th\u1ecb tr\u01b0\u1eddng ch\u00e2u \u00c1, tr\u01b0\u1edbc nh\u1ea5t v\u00e0 ch\u1ee7 y\u1ebfu nh\u1ea5t l\u00e0 v\u1ec1 Trung Qu\u1ed1c, sau \u0111\u00f3 l\u00e0 \u1ea4n \u0110\u1ed9, nh\u01b0ng k\u1ebft qu\u1ea3 c\u00f2n r\u1ea5t h\u1ea1n ch\u1ebf, v\u00ec nhi\u1ec1u nguy\u00ean nh\u00e2n, trong \u0111\u00f3 \u0111\u1ea7u t\u01b0 cho v\u1eadn chuy\u1ec3n b\u1eb1ng \u0111\u01b0\u1eddng \u1ed1ng r\u1ea5t t\u1ed1n k\u00e9m v\u00e0 nhi\u1ec1u r\u1ee7i ro. Th\u1ecb tr\u01b0\u1eddng truy\u1ec1n th\u1ed1ng c\u1ee7a Nga tr\u01b0\u1edbc \u0111\u00e2y l\u00e0 T\u00e2y \u00c2u, nay c\u0169ng tr\u1edf n\u00ean kh\u00f3 kh\u0103n, li\u00ean quan \u0111\u1ebfn kh\u1ee7ng ho\u1ea3ng ch\u00ednh tr\u1ecb-an ninh gi\u1eefa NATO v\u00e0 Nga ch\u01b0a \u0111\u01b0\u1ee3c h\u1ea1 nhi\u1ec7t. M\u1eb7c d\u00f9 gi\u00e1 d\u1ea7u th\u1ea5p \u0111\u1ebfn m\u1ee9c s\u1ea3n xu\u1ea5t kh\u00f4ng c\u00f3 l\u00e3i, nh\u01b0ng s\u1ea3n l\u01b0\u1ee3ng Nga tr\u01b0\u1edbc th\u00e1ng 4\/2016 \u0111\u00e3 \u0111\u1ea1t m\u1ee9c 10,85 tri\u1ec7u th\u00f9ng\/ng\u00e0y. \u0110\u1ec3 t\u0103ng gi\u00e1 d\u1ea7u xu\u1ea5t kh\u1ea9u, t\u1eeb th\u00e1ng 4\/2016, Nga \u0111\u00e3 \u0111\u01a1n ph\u01b0\u01a1ng \u0111\u00f3ng b\u0103ng s\u1ea3n l\u01b0\u1ee3ng c\u1ee7a m\u00ecnh.<\/p>\n<p>V\u1edbi M\u1ef9, gi\u00e1 d\u1ea7u th\u1ea5p c\u00f3 t\u00e1c \u0111\u1ed9ng ti\u00eau c\u1ef1c l\u1edbn \u0111\u1ed1i v\u1edbi c\u00e1c c\u00f4ng ty d\u1ea7u trong l\u0129nh v\u1ef1c th\u01b0\u1ee3ng ngu\u1ed3n, nh\u01b0ng v\u00ec c\u00e1c c\u00f4ng ty n\u00e0y \u0111\u1ec1u l\u00e0 t\u01b0 nh\u00e2n, ho\u1ea1t \u0111\u1ed9ng \u0111a ng\u00e0nh, n\u00ean h\u1ecd chuy\u1ec3n h\u01b0\u1edbng \u0111\u1ea7u t\u01b0 r\u1ea5t nhanh, gi\u00fap h\u1ea1n ch\u1ebf thi\u1ec7t h\u1ea1i \u0111\u00e1ng k\u1ec3. Trong th\u0103m d\u00f2 &#8211; khai th\u00e1c, \u0111\u1ea7u t\u01b0 h\u01b0\u1edbng v\u00e0o ho\u1ea1t \u0111\u1ed9ng t\u00ecm ki\u1ebfm &#8211; th\u0103m d\u00f2 chu\u1ea9n b\u1ecb cho tr\u1eef l\u01b0\u1ee3ng d\u1ef1 tr\u1eef v\u00e0 v\u00e0o s\u00e1ng t\u1ea1o &#8211; th\u1eed nghi\u1ec7m khoa h\u1ecdc &#8211; c\u00f4ng ngh\u1ec7 ti\u1ebfn b\u1ed9 ph\u1ee5c v\u1ee5 cho ng\u00e0nh d\u1ea7u kh\u00ed phi truy\u1ec1n th\u1ed1ng v\u00e0 v\u00f9ng n\u01b0\u1edbc s\u00e2u, c\u0169ng nh\u01b0 cho t\u0103ng c\u01b0\u1eddng thu h\u1ed3i d\u1ea7u \u1edf c\u00e1c m\u1ecf truy\u1ec1n th\u1ed1ng \u0111\u1ec3 \u0111\u00f3n \u0111\u1ea7u s\u1ea3n xu\u1ea5t khi th\u1ecb tr\u01b0\u1eddng cho ph\u00e9p. C\u00f4ng t\u00e1c ph\u00e1t tri\u1ec3n m\u1ecf v\u00e0 khai th\u00e1c ch\u1ec9 ti\u1ebfn h\u00e0nh \u1edf c\u00e1c m\u1ecf c\u00f3 gi\u00e1 th\u00e0nh th\u00f9ng d\u1ea7u th\u1ea5p d\u01b0\u1edbi m\u1ee9c 20USD \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o mang l\u1ea1i l\u1ee3i nhu\u1eadn khi gi\u00e1 d\u1ea7u th\u1ea5p k\u00e9o d\u00e0i. N\u00f3i c\u00e1ch kh\u00e1c, M\u1ef9 lu\u00f4n \u00e1p d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c ti\u1ebft ki\u1ec7m\/\u0111\u1ec3 gi\u00e0nh t\u00e0i nguy\u00ean d\u1ea7u kh\u00ed trong n\u01b0\u1edbc, t\u0103ng d\u1ef1 tr\u1eef tr\u1eef l\u01b0\u1ee3ng \u1edf n\u01b0\u1edbc ngo\u00e0i, n\u00e2ng cao ch\u1ea5t l\u01b0\u1ee3ng c\u00f4ng ngh\u1ec7 &#8211; k\u1ef9 thu\u1eadt d\u1ea7u kh\u00ed M\u1ef9 trong c\u00e1c giai \u0111o\u1ea1n gi\u00e1 d\u1ea7u th\u1ea5p nh\u01b0 tr\u01b0\u1edbc \u0111\u00e2y. B\u00ean c\u1ea1nh \u0111\u00f3 h\u1ecd t\u0103ng c\u01b0\u1eddng ho\u1ea1t \u0111\u1ed9ng l\u1ecdc &#8211; h\u00f3a d\u1ea7u, s\u1ea3n xu\u1ea5t LNG \u0111\u1ec3 t\u0103ng h\u00e0ng h\u00f3a xu\u1ea5t kh\u1ea9u, v\u00ec b\u1ea3n ch\u1ea5t c\u1ee7a c\u00e1c ho\u1ea1t \u0111\u1ed9ng n\u00e0y l\u00e0 d\u1ecbch v\u1ee5 k\u1ef9 thu\u1eadt, khi gi\u00e1 nguy\u00ean li\u1ec7u t\u0103ng th\u00ec gi\u00e1 b\u00e1n s\u1ea3n ph\u1ea9m s\u1ea3n xu\u1ea5t ra c\u0169ng t\u0103ng, mi\u1ec5n l\u00e0 c\u00f3 th\u1ecb tr\u01b0\u1eddng ti\u00eau th\u1ee5 ch\u1eafc ch\u1eafn n\u00ean lu\u00f4n b\u1ea3o \u0111\u1ea3m l\u1ee3i nhu\u1eadn.<\/p>\n<p>N\u01b0\u1edbc M\u1ef9 l\u00e0 n\u01b0\u1edbc nh\u1eadp kh\u1ea9u d\u1ea7u r\u00f2ng v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng l\u1edbn, n\u00ean gi\u00e1 d\u1ea7u th\u1ea5p t\u1ea1o \u0111i\u1ec1u ki\u1ec7n r\u1ea5t t\u1ed1t \u0111\u1ec3 ph\u00e1t tri\u1ec3n c\u00e1c ng\u00e0nh kinh t\u1ebf kh\u00e1c, v\u00ec gi\u00e1 th\u00e0nh s\u1ea3n ph\u1ea9m s\u1ebd r\u1ebb, s\u1ee9c c\u1ea1nh tranh cao, nh\u1ea5t l\u00e0 c\u00e1c ng\u00e0nh ti\u00eau th\u1ee5 nhi\u1ec1u n\u0103ng l\u01b0\u1ee3ng v\u00e0 s\u1eed d\u1ee5ng nhi\u1ec1u s\u1ea3n ph\u1ea9m c\u1ee7a c\u00f4ng nghi\u1ec7p d\u1ea7u kh\u00ed, l\u00e0m nguy\u00ean li\u1ec7u \u0111\u1ea7u v\u00e0o. L\u1ecbch s\u1eed kinh t\u1ebf M\u1ef9 cho th\u1ea5y khi gi\u00e1 d\u1ea7u cao th\u00ec GDP M\u1ef9 kh\u00f4ng t\u0103ng, c\u00f2n khi gi\u00e1 d\u1ea7u c\u00e0ng th\u1ea5p th\u00ec GDP t\u0103ng c\u00e0ng m\u1ea1nh. Hi\u1ec7n nay n\u01b0\u1edbc M\u1ef9 nh\u1eadp kh\u1ea9u d\u1ea7u chua, d\u1ea7u n\u1eb7ng (gi\u00e1 th\u1ea5p) v\u00ec c\u00e1c nh\u00e0 m\u00e1y l\u1ecdc d\u1ea7u M\u1ef9 c\u00f3 kh\u1ea3 n\u0103ng l\u1ecdc nhi\u1ec1u lo\u1ea1i d\u1ea7u kh\u00e1c nhau v\u00e0 xu\u1ea5t kh\u1ea9u d\u1ea7u ng\u1ecdt (gi\u00e1 cao) c\u00f9ng c\u00e1c s\u1ea3n ph\u1ea9m l\u1ecdc &#8211; h\u00f3a d\u1ea7u c\u0169ng nh\u01b0 kh\u00ed h\u00f3a l\u1ecfng (LNG), LPG, Condensate, Olefine&#8230; cho r\u1ea5t nhi\u1ec1u th\u1ecb tr\u01b0\u1eddng n\u01b0\u1edbc ngo\u00e0i. Do \u0111\u00f3, c\u00f3 th\u1ec3 n\u00f3i m\u1ee5c ti\u00eau c\u1ee7a Arabia Saudi d\u00f9ng gi\u00e1 d\u1ea7u th\u1ea5p \u0111\u1ec3 \u0111\u00e1nh n\u1ec1n c\u00f4ng nghi\u1ec7p d\u1ea7u kh\u00ed M\u1ef9 \u0111\u00e3 th\u1ea5t b\u1ea1i v\u00e0 c\u00e0ng \u0111\u1ea9y OPEC m\u1ea5t quy\u1ec1n ki\u1ec3m so\u00e1t th\u1ecb tr\u01b0\u1eddng gi\u00e1 d\u1ea7u.<\/p>\n<p>Qua b\u1ee9c tranh b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng d\u1ea7u \u0111\u01b0\u1ee3c tr\u00ecnh b\u00e0y tr\u00ean \u0111\u00e2y ch\u00fang ta th\u1ea5y cu\u1ed9c chi\u1ebfn gi\u00e1 d\u1ea7u l\u1ea7n n\u00e0y ch\u1ee9a \u0111\u1ef1ng nh\u1eefng m\u00e2u thu\u1eabn \u0111an xen r\u1ea5t ph\u1ee9c t\u1ea1p v\u00e0 kh\u00f4ng m\u1ed9t ai tham gia c\u00f3 th\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c to\u00e0n b\u1ed9 c\u00e1c m\u1ee5c ti\u00eau c\u1ee7a h\u1ecd. V\u00ec v\u1eady, trong tu\u1ea7n \u0111\u1ea7u th\u00e1ng 10\/2016 th\u1ecfa thu\u1eadn gi\u1ea3m s\u1ea3n l\u01b0\u1ee3ng gi\u1eefa c\u00e1c n\u01b0\u1edbc OPEC, gi\u1eefa OPEC v\u00e0 c\u00e1c n\u01b0\u1edbc s\u1ea3n xu\u1ea5t d\u1ea7u l\u1edbn ngo\u00e0i OPEC \u0111\u00e3 \u0111\u01b0\u1ee3c ch\u1ea5p nh\u1eadn tr\u00ean v\u0103n b\u1ea3n trong h\u1ed9i ngh\u1ecb cu\u1ed1i th\u00e1ng 9\/2016 \u0111\u1ec3 h\u1ea1n ch\u1ebf m\u1ee9c ch\u00eanh l\u1ec7ch qu\u00e1 l\u1edbn gi\u1eefa cung v\u00e0 c\u1ea7u hi\u1ec7n nay, nh\u01b0ng c\u00e1c nh\u00e0 b\u00ecnh lu\u1eadn th\u1ecb tr\u01b0\u1eddng d\u1ea7u m\u1ecf th\u1ebf gi\u1edbi \u0111\u1ec1u ch\u01b0a d\u1ef1 b\u00e1o k\u1ebft qu\u1ea3 c\u1ee7a th\u1ecfa thu\u1eadn n\u00e0y s\u1ebd nh\u01b0 th\u1ebf n\u00e0o, v\u00ec k\u1ef7 lu\u1eadt trong n\u1ed9i b\u1ed9 OPEC r\u1ea5t l\u1ecfng l\u1ebbo. Tuy nhi\u00ean sau khi c\u00f4ng b\u1ed1 th\u00f4ng tin n\u00f3i tr\u00ean gi\u00e1 d\u1ea7u th\u1ebf gi\u1edbi t\u0103ng v\u01b0\u1ee3t ng\u01b0\u1ee1ng 50USD\/th\u00f9ng, m\u1edf ra hy v\u1ecdng cho ng\u00e0nh d\u1ea7u kh\u00ed ph\u1ee5c h\u1ed3i trong n\u0103m 2017-2018.<\/p>\n<p>K\u1ebft lu\u1eadn l\u1ea1i, l\u1eddi \u0111\u00e1p cho c\u00e2u h\u1ecfi gi\u00e1 d\u1ea7u th\u1ea5p c\u00f3 h\u1ea1i hay c\u00f3 l\u1ee3i cho n\u1ec1n kinh t\u1ebf c\u1ee7a m\u1ed7i qu\u1ed1c gia t\u00f9y thu\u1ed9c v\u00e0o v\u1ecb tr\u00ed c\u1ee7a h\u1ecd trong th\u1ecb tr\u01b0\u1eddng d\u1ea7u kh\u00ed th\u1ebf gi\u1edbi. V\u1edbi c\u00e1c n\u01b0\u1edbc gi\u00e0u t\u00e0i nguy\u00ean d\u1ea7u kh\u00ed v\u00e0 l\u00e0 n\u01b0\u1edbc xu\u1ea5t kh\u1ea9u r\u00f2ng th\u00ec gi\u00e1 d\u1ea7u th\u1ea5p g\u00e2y ra nhi\u1ec1u thi\u1ec7t h\u1ea1i nghi\u00eam tr\u1ecdng. D\u00f9 v\u1ec1 chi\u1ebfn thu\u1eadt c\u00f3 th\u1ec3 thay \u0111\u1ed5i kh\u00e1c nhau trong t\u1eebng th\u1eddi gian th\u00ec m\u1ee5c ti\u00eau chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a h\u1ecd v\u1eabn l\u00e0 duy tr\u00ec ho\u1eb7c \u0111\u1ea9y gi\u00e1 d\u1ea7u l\u00ean cao v\u00e0 m\u1ee5c ti\u00eau n\u00e0y tr\u00f9ng h\u1ee3p v\u1edbi m\u1ee5c ti\u00eau c\u1ee7a c\u00e1c c\u00f4ng ty th\u0103m d\u00f2 &#8211; khai th\u00e1c d\u1ea7u kh\u00ed. C\u00f2n v\u1edbi c\u00e1c n\u01b0\u1edbc kh\u00f4ng c\u00f3 t\u00e0i nguy\u00ean ho\u1eb7c ngh\u00e8o t\u00e0i nguy\u00ean d\u1ea7u kh\u00ed v\u00e0 l\u00e0 n\u01b0\u1edbc nh\u1eadp kh\u1ea9u d\u1ea7u r\u00f2ng th\u00ec gi\u00e1 d\u1ea7u th\u1ea5p mang l\u1ea1i l\u1ee3i \u00edch to\u00e0n di\u1ec7n cho n\u1ec1n kinh t\u1ebf. \u0110\u1ed1i v\u1edbi kh\u1ed1i n\u01b0\u1edbc n\u00e0y, chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 c\u1ee7a h\u1ecd t\u1eadp trung nhi\u1ec1u h\u01a1n cho kinh doanh th\u00f4ng qua ph\u00e1t tri\u1ec3n c\u00e1c ho\u1ea1t \u0111\u1ed9ng h\u1ea1 ngu\u1ed3n trong n\u01b0\u1edbc, bao g\u1ed3m l\u1ecdc d\u1ea7u, ch\u1ebf bi\u1ebfn kh\u00ed \u0111\u1ed1t, h\u00f3a d\u1ea7u, d\u1ecbch v\u1ee5 c\u00e1c lo\u1ea1i v\u00e0 ph\u00e2n ph\u1ed1i c\u0169ng nh\u01b0 s\u1eed d\u1ee5ng l\u1ee3i th\u1ebf t\u00e0i ch\u00ednh, c\u00f4ng ngh\u1ec7, nh\u00e2n l\u1ef1c k\u1ef9 thu\u1eadt, \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c ho\u1ea1t \u0111\u1ed9ng th\u01b0\u1ee3ng ngu\u1ed3n v\u00e0o nh\u1eefng m\u1ecf c\u00f3 kh\u1ea3 n\u0103ng c\u00f3 l\u00e3i cao \u1edf n\u01b0\u1edbc ngo\u00e0i, v\u1edbi m\u1ee5c \u0111\u00edch thu l\u1ee3i nhu\u1eadn. Gi\u1ea3i ph\u00e1p h\u1ea1n ch\u1ebf khai th\u00e1c d\u1ea7u kh\u00ed trong n\u01b0\u1edbc \u0111\u1ec3 ti\u1ebft ki\u1ec7m t\u00e0i nguy\u00ean nh\u1eb1m \u0111\u1ed1i ph\u00f3 gi\u00e1 d\u1ea7u kh\u00ed cao trong t\u01b0\u01a1ng lai d\u00e0i h\u1ea1n \u0111\u01b0\u1ee3c \u00e1p d\u1ee5ng r\u1ed9ng r\u00e3i trong c\u00e1c n\u01b0\u1edbc c\u00f3 tr\u1eef l\u01b0\u1ee3ng d\u1ea7u kh\u00ed kh\u00f4ng nhi\u1ec1u, ho\u1eb7c nhu c\u1ea7u ti\u00eau th\u1ee5 l\u1edbn. Kinh nghi\u1ec7m qu\u1ea3n l\u00fd nh\u00e0 n\u01b0\u1edbc c\u1ee7a M\u1ef9 \u0111\u1ed1i v\u1edbi ng\u00e0nh d\u1ea7u kh\u00ed trong giai \u0111o\u1ea1n gi\u00e1 d\u1ea7u th\u1ea5p c\u00f3 l\u1ebd l\u00e0 b\u00e0i h\u1ecdc qu\u00fd cho nhi\u1ec1u qu\u1ed1c gia ngo\u00e0i kh\u1ed1i OPEC. V\u00e0 cu\u1ed1i c\u00f9ng, khi nh\u00e2n lo\u1ea1i ch\u01b0a t\u00ecm ra ngu\u1ed3n n\u0103ng l\u01b0\u1ee3ng n\u00e0o m\u1edbi \u0111\u1ee7 s\u1ee9c thay th\u1ebf d\u1ea7u kh\u00ed, v\u1edbi m\u1ee9c \u0111\u1ed9 c\u00f4ng nghi\u1ec7p th\u00ec c\u00e1c chu k\u1ef3 gi\u00e1 d\u1ea7u th\u1ea5p &#8211; gi\u00e1 d\u1ea7u cao c\u00f2n ti\u1ebfp n\u1ed1i nhau do c\u01a1 ch\u1ebf th\u1ecb tr\u01b0\u1eddng chi ph\u1ed1i ho\u1eb7c do nh\u1eefng th\u1ee7 \u0111o\u1ea1n gi\u00e0nh quy\u1ec1n l\u1ef1c th\u1ed1ng tr\u1ecb kinh t\u1ebf &#8211; ch\u00ednh tr\u1ecb c\u1ee7a c\u00e1c th\u1ebf l\u1ef1c c\u01b0\u1eddng quy\u1ec1n d\u00e0n d\u1ef1ng. \u0110\u1ed1i v\u1edbi n\u01b0\u1edbc ta, m\u1ed9t n\u01b0\u1edbc nh\u1eadp kh\u1ea9u d\u1ea7u r\u00f2ng, khi x\u00e2y d\u1ef1ng chi\u1ebfn l\u01b0\u1ee3c\/ quy ho\u1ea1ch d\u1ea7u kh\u00ed, c\u1ea7n \u0111\u1eb7t trong b\u1ed1i c\u1ea3nh \u1ea5y \u0111\u1ec3 kh\u00f4ng b\u1ecb \u0111\u1ed9ng khi gi\u00e1 d\u1ea7u th\u0103ng gi\u00e1ng b\u1ea5t ng\u1edd.<\/p>\n<p><strong>NangluongVietnam Online<\/strong><\/p>\n<\/div>\n<\/div>\n<hr>\n<p><strong>Ngu\u1ed3n:<\/strong> <a href=\"https:\/\/chienluocsong.com\/thong-minh-tai-chinh-p5-dau-mo-va-cac-loai-tai-san-khac\/\" target=\"_blank\" rel=\"noopener noreferrer\">Th\u00f4ng minh t\u00e0i ch\u00ednh (P5: D\u1ea7u m\u1ecf v\u00e0 c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n kh\u00e1c) \u2014 chienluocsong.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: https:\/\/chienluocsong.com\/thong-minh-tai-chinh-p5-dau-mo-va-cac-loai-tai-san-khac\/<\/p>\n","protected":false},"author":1,"featured_media":1422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-1421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chienluocsong"],"_links":{"self":[{"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=\/wp\/v2\/posts\/1421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1421"}],"version-history":[{"count":0,"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=\/wp\/v2\/posts\/1421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=\/wp\/v2\/media\/1422"}],"wp:attachment":[{"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}