{"id":26916,"date":"2025-04-08T17:15:27","date_gmt":"2025-04-08T10:15:27","guid":{"rendered":"https:\/\/infina.vn\/blog\/?p=26916"},"modified":"2025-04-08T17:15:27","modified_gmt":"2025-04-08T10:15:27","slug":"bien-dong-gia-vang-sjc-tu-2000-den-nay-tc","status":"publish","type":"post","link":"https:\/\/infina.vn\/blog\/bien-dong-gia-vang-sjc-tu-2000-den-nay-tc\/","title":{"rendered":"Bi\u1ebfn \u0111\u1ed9ng gi\u00e1 v\u00e0ng SJC t\u1eeb 2000 \u0111\u1ebfn nay"},"content":{"rendered":"\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-right kksr-valign-top\"\n    data-payload='{&quot;align&quot;:&quot;right&quot;,&quot;id&quot;:&quot;26916&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;top&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;2&quot;,&quot;greet&quot;:&quot;\u0110\u00e1nh gi\u00e1 t\u1ea1i \u0111\u00e2y&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;Bi\u1ebfn \u0111\u1ed9ng gi\u00e1 v\u00e0ng SJC t\u1eeb 2000 \u0111\u1ebfn nay&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}'>\n            \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 0px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            <span class=\"kksr-muted\">\u0110\u00e1nh gi\u00e1 t\u1ea1i \u0111\u00e2y<\/span>\n    <\/div>\n    <\/div>\n<ul>\n<li><strong>2000\u20132007<\/strong>: Gi\u00e1 v\u00e0ng \u1ed5n \u0111\u1ecbnh, kinh t\u1ebf ph\u00e1t tri\u1ec3n v\u00e0 h\u1ed9i nh\u1eadp qu\u1ed1c t\u1ebf.<\/li>\n<li><strong>2008\u20132011<\/strong>: T\u0103ng m\u1ea1nh do kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u.<\/li>\n<li><strong>2012\u20132019<\/strong>: \u0110i\u1ec1u ch\u1ec9nh v\u00e0 \u1ed5n \u0111\u1ecbnh nh\u1edd qu\u1ea3n l\u00fd th\u1ecb tr\u01b0\u1eddng ch\u1eb7t ch\u1ebd.<\/li>\n<li><strong>2020\u20132025<\/strong>: Bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh b\u1edfi \u0111\u1ea1i d\u1ecbch Covid-19 v\u00e0 b\u1ea5t \u1ed5n \u0111\u1ecba ch\u00ednh tr\u1ecb.<\/li>\n<\/ul>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 ez-toc-wrap-center counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">N\u1ed9i dung ch\u00ednh<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/infina.vn\/blog\/bien-dong-gia-vang-sjc-tu-2000-den-nay-tc\/#Yeu_to_anh_huong_chinh\" title=\"Y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng ch\u00ednh:\">Y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng ch\u00ednh:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/infina.vn\/blog\/bien-dong-gia-vang-sjc-tu-2000-den-nay-tc\/#Loi_khuyen\" title=\"L\u1eddi khuy\u00ean:\">L\u1eddi khuy\u00ean:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/infina.vn\/blog\/bien-dong-gia-vang-sjc-tu-2000-den-nay-tc\/#1_Lich_su_bien_dong_gia_vang_SJC_tu_nam_2000_den_nay\" title=\"1. L\u1ecbch s\u1eed bi\u1ebfn \u0111\u1ed9ng gi\u00e1 v\u00e0ng SJC t\u1eeb n\u0103m 2000 \u0111\u1ebfn nay\">1. L\u1ecbch s\u1eed bi\u1ebfn \u0111\u1ed9ng gi\u00e1 v\u00e0ng SJC t\u1eeb n\u0103m 2000 \u0111\u1ebfn nay<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/infina.vn\/blog\/bien-dong-gia-vang-sjc-tu-2000-den-nay-tc\/#2_Dien_bien_thi_truong_vang_the_gioi\" title=\"2. Di\u1ec5n bi\u1ebfn th\u1ecb tr\u01b0\u1eddng v\u00e0ng th\u1ebf gi\u1edbi\">2. Di\u1ec5n bi\u1ebfn th\u1ecb tr\u01b0\u1eddng v\u00e0ng th\u1ebf gi\u1edbi<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/infina.vn\/blog\/bien-dong-gia-vang-sjc-tu-2000-den-nay-tc\/#Lien_he_voi_thi_truong_quoc_te\" title=\"Li\u00ean h\u1ec7 v\u1edbi th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf\">Li\u00ean h\u1ec7 v\u1edbi th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/infina.vn\/blog\/bien-dong-gia-vang-sjc-tu-2000-den-nay-tc\/#Yeu_to_anh_huong_tu_thi_truong_quoc_te\" title=\"Y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng t\u1eeb th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf\">Y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng t\u1eeb th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/infina.vn\/blog\/bien-dong-gia-vang-sjc-tu-2000-den-nay-tc\/#Dac_diem_rieng_cua_thi_truong_vang_SJC\" title=\"\u0110\u1eb7c \u0111i\u1ec3m ri\u00eang c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0ng SJC\">\u0110\u1eb7c \u0111i\u1ec3m ri\u00eang c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0ng SJC<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/infina.vn\/blog\/bien-dong-gia-vang-sjc-tu-2000-den-nay-tc\/#Loi_ich_va_rui_ro_khi_dau_tu\" title=\"L\u1ee3i \u00edch v\u00e0 r\u1ee7i ro khi \u0111\u1ea7u t\u01b0\">L\u1ee3i \u00edch v\u00e0 r\u1ee7i ro khi \u0111\u1ea7u t\u01b0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/infina.vn\/blog\/bien-dong-gia-vang-sjc-tu-2000-den-nay-tc\/#Ket_luan\" title=\"K\u1ebft lu\u1eadn\">K\u1ebft lu\u1eadn<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Yeu_to_anh_huong_chinh\"><\/span>Y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng ch\u00ednh:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>Ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 t\u1eeb Fed v\u00e0 t\u1ef7 gi\u00e1 USD\/VND.<\/li>\n<li>C\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb v\u00e0 kh\u1ee7ng ho\u1ea3ng kinh t\u1ebf.<\/li>\n<li>Cung c\u1ea7u trong n\u01b0\u1edbc v\u00e0 t\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Loi_khuyen\"><\/span>L\u1eddi khuy\u00ean:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>\u0110\u1ea7u t\u01b0 d\u00e0i h\u1ea1n, tr\u00e1nh ch\u1ea1y theo bi\u1ebfn \u0111\u1ed9ng ng\u1eafn h\u1ea1n.<\/li>\n<li>\u0110a d\u1ea1ng h\u00f3a danh m\u1ee5c \u0111\u1ec3 gi\u1ea3m r\u1ee7i ro.<\/li>\n<li>Theo d\u00f5i s\u00e1t th\u1ecb tr\u01b0\u1eddng trong n\u01b0\u1edbc l\u1eabn qu\u1ed1c t\u1ebf.<\/li>\n<\/ul>\n<div class=\"sb-iframe-wrapper\" contenteditable=\"false\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"1_Lich_su_bien_dong_gia_vang_SJC_tu_nam_2000_den_nay\"><\/span>1. L\u1ecbch s\u1eed bi\u1ebfn \u0111\u1ed9ng gi\u00e1 v\u00e0ng SJC t\u1eeb n\u0103m 2000 \u0111\u1ebfn nay<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Gi\u00e1 v\u00e0ng SJC \u0111\u00e3 tr\u1ea3i qua nhi\u1ec1u bi\u1ebfn \u0111\u1ed9ng, ch\u1ecbu \u1ea3nh h\u01b0\u1edfng t\u1eeb c\u00e1c y\u1ebfu t\u1ed1 kinh t\u1ebf trong n\u01b0\u1edbc v\u00e0 qu\u1ed1c t\u1ebf.<\/p>\n<p><strong>Giai \u0111o\u1ea1n \u0111\u1ea7u nh\u1eefng n\u0103m 2000: \u1ed4n \u0111\u1ecbnh v\u00e0 ph\u00e1t tri\u1ec3n<\/strong><br \/>\nTrong nh\u1eefng n\u0103m \u0111\u1ea7u c\u1ee7a th\u1ebf k\u1ef7 21, gi\u00e1 v\u00e0ng SJC duy tr\u00ec tr\u1ea1ng th\u00e1i \u1ed5n \u0111\u1ecbnh. \u0110i\u1ec1u n\u00e0y di\u1ec5n ra song song v\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n kinh t\u1ebf v\u00e0 qu\u00e1 tr\u00ecnh h\u1ed9i nh\u1eadp qu\u1ed1c t\u1ebf.<\/p>\n<p><strong>Giai \u0111o\u1ea1n kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u (2008\u20132011): T\u0103ng gi\u00e1 m\u1ea1nh<\/strong><br \/>\nCu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh n\u0103m 2008 \u0111\u00e3 t\u1ea1o ra c\u00fa h\u00edch l\u1edbn cho gi\u00e1 v\u00e0ng. T\u00e2m l\u00fd lo ng\u1ea1i v\u00e0 bi\u1ebfn \u0111\u1ed9ng t\u1eeb th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u khi\u1ebfn gi\u00e1 v\u00e0ng SJC t\u0103ng m\u1ea1nh trong giai \u0111o\u1ea1n n\u00e0y.<\/p>\n<p><strong>Giai \u0111o\u1ea1n \u0111i\u1ec1u ch\u1ec9nh v\u00e0 \u1ed5n \u0111\u1ecbnh (2012\u20132019)<\/strong><br \/>\nSau khi t\u0103ng gi\u00e1 nhanh ch\u00f3ng, th\u1ecb tr\u01b0\u1eddng b\u01b0\u1edbc v\u00e0o giai \u0111o\u1ea1n \u0111i\u1ec1u ch\u1ec9nh. C\u01a1 quan qu\u1ea3n l\u00fd si\u1ebft ch\u1eb7t gi\u00e1m s\u00e1t ho\u1ea1t \u0111\u1ed9ng kinh doanh v\u00e0ng, g\u00f3p ph\u1ea7n \u0111\u01b0a th\u1ecb tr\u01b0\u1eddng v\u00e0o tr\u1ea1ng th\u00e1i \u1ed5n \u0111\u1ecbnh h\u01a1n.<\/p>\n<p><strong>Giai \u0111o\u1ea1n sau \u0111\u1ea1i d\u1ecbch v\u00e0 b\u1ea5t \u1ed5n \u0111\u1ecba ch\u00ednh tr\u1ecb (2020 \u0111\u1ebfn nay)<\/strong><br \/>\nT\u00e1c \u0111\u1ed9ng c\u1ee7a \u0111\u1ea1i d\u1ecbch Covid-19 c\u00f9ng v\u1edbi c\u00e1c v\u1ea5n \u0111\u1ec1 \u0111\u1ecba ch\u00ednh tr\u1ecb \u0111\u00e3 khi\u1ebfn gi\u00e1 v\u00e0ng bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh, ph\u1ea3n \u00e1nh c\u1ea3 nh\u1eefng thay \u0111\u1ed5i t\u1eeb qu\u1ed1c t\u1ebf l\u1eabn t\u00ecnh h\u00ecnh kinh t\u1ebf trong n\u01b0\u1edbc.<\/p>\n<p>C\u00e1c y\u1ebfu t\u1ed1 ch\u00ednh \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 v\u00e0ng SJC bao g\u1ed3m:<\/p>\n<ul>\n<li>Ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 t\u1eeb c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng l\u1edbn<\/li>\n<li>T\u00ecnh h\u00ecnh \u0111\u1ecba ch\u00ednh tr\u1ecb to\u00e0n c\u1ea7u<\/li>\n<li>Bi\u1ebfn \u0111\u1ed9ng t\u1ef7 gi\u00e1 USD\/VND<\/li>\n<li>Ch\u00ednh s\u00e1ch qu\u1ea3n l\u00fd th\u1ecb tr\u01b0\u1eddng v\u00e0ng trong n\u01b0\u1edbc<\/li>\n<\/ul>\n<p>Nh\u1eefng y\u1ebfu t\u1ed1 n\u00e0y \u0111\u00e3 \u0111\u1ecbnh h\u00ecnh s\u1ef1 thay \u0111\u1ed5i c\u1ee7a gi\u00e1 v\u00e0ng SJC qua t\u1eebng giai \u0111o\u1ea1n, ph\u1ea3n \u00e1nh s\u1ef1 t\u01b0\u01a1ng t\u00e1c gi\u1eefa y\u1ebfu t\u1ed1 to\u00e0n c\u1ea7u v\u00e0 n\u1ed9i \u0111\u1ecba, c\u0169ng nh\u01b0 t\u00e2m l\u00fd v\u00e0 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 c\u1ee7a ng\u01b0\u1eddi d\u00e2n.<\/p>\n    <div class=\"infina-box\">\n\t\t <div class=\"qr-code\" style=\"margin-top: 20px;\">\n            <a href=\"https:\/\/infina.vn\/?utm_content=blog_thuc\" target=\"_blank\">\n                <img decoding=\"async\" src=\"http:\/\/infina.vn\/blog\/wp-content\/uploads\/2025\/02\/app_banner-09-1-1.png\" alt=\"QR Code Infina\" title=\"\">\n            <\/a>\n        <\/div>\n        <p style=\"color: black;\"><strong>T\u00e0i kho\u1ea3n nh\u1eadn ti\u1ec1n, Sinh l\u1eddi t\u1ef1 \u0111\u1ed9ng nh\u01b0 g\u1eedi ti\u1ebft ki\u1ec7m!<\/strong><\/p>\n        <p class=\"my-3\">T\u00e0i kho\u1ea3n sinh l\u1eddi <a href=\"https:\/\/infina.vn\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Infina\" target=\"_blank\" rel=\"noopener\">Infina<\/a> l\u00e0 s\u1ef1 l\u1ef1a ch\u1ecdn l\u00fd t\u01b0\u1edfng cho t\u1ea5t c\u1ea3 m\u1ecdi ng\u01b0\u1eddi, nh\u1eefng ai mu\u1ed1n t\u1ed1i \u01b0u h\u00f3a t\u00e0i ch\u00ednh c\u00e1 nh\u00e2n v\u00e0 sinh l\u1eddi tr\u00ean d\u00f2ng ti\u1ec1n c\u1ee7a m\u00ecnh.<\/p>\n        <p class=\"my-3\">N\u1ea1p v\u00e0 r\u00fat ti\u1ec1n nhanh ch\u00f3ng trong v\u00f2ng 30 gi\u00e2y, nh\u1eadn l\u1ee3i nhu\u1eadn h\u00e0ng ng\u00e0y v\u00e0 r\u00fat v\u1ed1n b\u1ea5t k\u1ef3 l\u00fac n\u00e0o m\u00e0 kh\u00f4ng b\u1ecb m\u1ea5t l\u1ee3i nhu\u1eadn.<\/p>\n        <p class=\"my-3\">\u0110\u01b0\u1ee3c C\u00f4ng ty TNHH MTV qu\u1ea3n l\u00fd qu\u1ef9 ACB (ACBC), C\u00f4ng ty c\u1ed5 ph\u1ea7n qu\u1ea3n l\u00fd qu\u1ef9 PVI (PVI AM) qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 v\u00e0 Ng\u00e2n h\u00e0ng BIDV l\u01b0u k\u00fd. Qu\u1ef9 ACBC, v\u00e0 Qu\u1ef9 PVI AM s\u1ebd th\u1ef1c hi\u1ec7n g\u1eedi ti\u1ec1n t\u1ea1i c\u00e1c ng\u00e2n h\u00e0ng, t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng uy t\u00edn.<\/p>\n        <a class=\"infina-button\" href=\"https:\/\/infina.vn\/?utm_content=blog_thuc\" style=\"margin-bottom: 20px; display: inline-block;\">Tr\u1ea3i nghi\u1ec7m sinh l\u1eddi mi\u1ec5n ph\u00ed<\/a>\n    <\/div>\n    \n<h2><span class=\"ez-toc-section\" id=\"2_Dien_bien_thi_truong_vang_the_gioi\"><\/span>2. Di\u1ec5n bi\u1ebfn th\u1ecb tr\u01b0\u1eddng v\u00e0ng th\u1ebf gi\u1edbi<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Th\u1ecb tr\u01b0\u1eddng v\u00e0ng th\u1ebf gi\u1edbi c\u00f3 m\u1ed1i li\u00ean h\u1ec7 ch\u1eb7t ch\u1ebd v\u1edbi gi\u00e1 v\u00e0ng SJC t\u1ea1i Vi\u1ec7t Nam, nh\u01b0ng m\u1ee9c \u0111\u1ed9 dao \u0111\u1ed9ng l\u1ea1i kh\u00e1c nhau do \u0111\u1eb7c th\u00f9 c\u1ee7a t\u1eebng h\u1ec7 th\u1ed1ng. D\u01b0\u1edbi \u0111\u00e2y l\u00e0 c\u00e1c y\u1ebfu t\u1ed1 to\u00e0n c\u1ea7u \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn gi\u00e1 v\u00e0ng.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Lien_he_voi_thi_truong_quoc_te\"><\/span><strong>Li\u00ean h\u1ec7 v\u1edbi th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Gi\u00e1 v\u00e0ng SJC th\u01b0\u1eddng ph\u1ea3n \u00e1nh xu h\u01b0\u1edbng chung c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0ng qu\u1ed1c t\u1ebf. Tuy nhi\u00ean, m\u1ee9c dao \u0111\u1ed9ng c\u1ee7a gi\u00e1 v\u00e0ng SJC th\u01b0\u1eddng m\u1ea1nh h\u01a1n, \u0111\u1eb7c bi\u1ec7t khi th\u1ecb tr\u01b0\u1eddng th\u1ebf gi\u1edbi c\u00f3 nh\u1eefng bi\u1ebfn \u0111\u1ed9ng l\u1edbn.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Yeu_to_anh_huong_tu_thi_truong_quoc_te\"><\/span><strong>Y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng t\u1eeb th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><strong>Ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a Fed v\u00e0 bi\u1ebfn \u0111\u1ed9ng \u0111\u1ed3ng USD<\/strong>\n<ul>\n<li>Khi Fed t\u0103ng l\u00e3i su\u1ea5t ho\u1eb7c USD m\u1ea1nh l\u00ean, gi\u00e1 v\u00e0ng th\u01b0\u1eddng c\u00f3 xu h\u01b0\u1edbng gi\u1ea3m. Ng\u01b0\u1ee3c l\u1ea1i, c\u00e1c ch\u00ednh s\u00e1ch n\u1edbi l\u1ecfng \u0111\u1ecbnh l\u01b0\u1ee3ng hay s\u1ef1 suy y\u1ebfu c\u1ee7a USD th\u01b0\u1eddng \u0111\u1ea9y gi\u00e1 v\u00e0ng l\u00ean cao.<\/li>\n<\/ul>\n<\/li>\n<li><strong>\u0110\u1ecba ch\u00ednh tr\u1ecb v\u00e0 kinh t\u1ebf to\u00e0n c\u1ea7u<\/strong>\n<ul>\n<li>C\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb l\u00e0m t\u0103ng nhu c\u1ea7u v\u00e0ng nh\u01b0 m\u1ed9t t\u00e0i s\u1ea3n tr\u00fa \u1ea9n an to\u00e0n.<\/li>\n<li>C\u00e1c cu\u1ed9c kh\u1ee7ng ho\u1ea3ng kinh t\u1ebf c\u0169ng khi\u1ebfn d\u00f2ng ti\u1ec1n \u0111\u1ea7u t\u01b0 ch\u1ea3y m\u1ea1nh h\u01a1n v\u00e0o v\u00e0ng.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Dac_diem_rieng_cua_thi_truong_vang_SJC\"><\/span><strong>\u0110\u1eb7c \u0111i\u1ec3m ri\u00eang c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0ng SJC<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ngo\u00e0i t\u00e1c \u0111\u1ed9ng t\u1eeb th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf, gi\u00e1 v\u00e0ng SJC c\u00f2n ch\u1ecbu \u1ea3nh h\u01b0\u1edfng b\u1edfi c\u00e1c y\u1ebfu t\u1ed1 n\u1ed9i \u0111\u1ecba nh\u01b0 ch\u00ednh s\u00e1ch c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc, cung c\u1ea7u trong n\u01b0\u1edbc v\u00e0 t\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng. Nh\u1eefng y\u1ebfu t\u1ed1 n\u00e0y khi\u1ebfn gi\u00e1 v\u00e0ng SJC c\u00f3 s\u1ef1 kh\u00e1c bi\u1ec7t so v\u1edbi gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi. \u0110i\u1ec1u n\u00e0y \u0111\u00f2i h\u1ecfi nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n theo d\u00f5i s\u00e1t c\u1ea3 hai th\u1ecb tr\u01b0\u1eddng \u0111\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh ph\u00f9 h\u1ee3p.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Loi_ich_va_rui_ro_khi_dau_tu\"><\/span>L\u1ee3i \u00edch v\u00e0 r\u1ee7i ro khi \u0111\u1ea7u t\u01b0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>V\u00e0ng SJC th\u01b0\u1eddng \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 cao nh\u1edd kh\u1ea3 n\u0103ng thanh kho\u1ea3n t\u1ed1t v\u00e0 gi\u1eef gi\u00e1 tr\u1ecb trong d\u00e0i h\u1ea1n. Tuy nhi\u00ean, tr\u01b0\u1edbc khi \u0111\u1ea7u t\u01b0, b\u1ea1n c\u1ea7n xem x\u00e9t k\u1ef9 c\u00e1c r\u1ee7i ro c\u00f3 th\u1ec3 g\u1eb7p ph\u1ea3i.<\/p>\n<p>Nh\u01b0 \u0111\u00e3 \u0111\u1ec1 c\u1eadp, c\u00e1c bi\u1ebfn \u0111\u1ed9ng tr\u00ean th\u1ecb tr\u01b0\u1eddng nh\u1ea5n m\u1ea1nh t\u1ea7m quan tr\u1ecdng c\u1ee7a vi\u1ec7c qu\u1ea3n l\u00fd r\u1ee7i ro trong \u0111\u1ea7u t\u01b0 v\u00e0ng. M\u1ed9t s\u1ed1 r\u1ee7i ro ch\u00ednh bao g\u1ed3m: ch\u00eanh l\u1ec7ch gi\u00e1 gi\u1eefa mua v\u00e0 b\u00e1n, s\u1ef1 bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh c\u1ee7a gi\u00e1 v\u00e0ng, v\u00e0 chi ph\u00ed ph\u00e1t sinh khi l\u01b0u tr\u1eef v\u00e0ng.<\/p>\n<p>Trong b\u1ed1i c\u1ea3nh n\u00e0y, qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 hi\u1ec7u qu\u1ea3 l\u00e0 y\u1ebfu t\u1ed1 then ch\u1ed1t. B\u1ea1n n\u00ean c\u00e2n nh\u1eafc vi\u1ec7c \u0111a d\u1ea1ng h\u00f3a danh m\u1ee5c \u0111\u1ea7u t\u01b0 v\u00e0 th\u01b0\u1eddng xuy\u00ean theo d\u00f5i di\u1ec5n bi\u1ebfn th\u1ecb tr\u01b0\u1eddng trong n\u01b0\u1edbc l\u1eabn qu\u1ed1c t\u1ebf \u0111\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh mua b\u00e1n h\u1ee3p l\u00fd.<\/p>\n<p>\u0110\u1ec3 gi\u1ea3m thi\u1ec3u r\u1ee7i ro, vi\u1ec7c k\u1ebft h\u1ee3p \u0111\u1ea7u t\u01b0 v\u00e0o nhi\u1ec1u k\u00eanh kh\u00e1c nhau l\u00e0 m\u1ed9t gi\u1ea3i ph\u00e1p \u0111\u00e1ng c\u00e2n nh\u1eafc. Ngo\u00e0i ra, <a class=\"\" href=\"https:\/\/infina.vn\/\" target=\"_blank\" rel=\"noopener noreferrer\">Infina<\/a> hi\u1ec7n cung c\u1ea5p t\u00e0i kho\u1ea3n sinh l\u1eddi v\u1edbi l\u00e3i su\u1ea5t \u1ed5n \u0111\u1ecbnh 4,9%\/n\u0103m, gi\u00fap b\u1ea1n gi\u1ea3m b\u1edbt ph\u1ea7n n\u00e0o r\u1ee7i ro trong t\u1ed5ng danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a m\u00ecnh.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span>K\u1ebft lu\u1eadn<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ph\u00e2n t\u00edch gi\u00e1 v\u00e0ng SJC t\u1eeb n\u0103m 2000 \u0111\u1ebfn nay cho th\u1ea5y c\u1ea3 c\u01a1 h\u1ed9i l\u1eabn th\u00e1ch th\u1ee9c \u0111\u1ed1i v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0. Th\u1ecb tr\u01b0\u1eddng n\u00e0y \u0111\u00f2i h\u1ecfi s\u1ef1 chu\u1ea9n b\u1ecb k\u1ef9 l\u01b0\u1ee1ng v\u00e0 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 h\u1ee3p l\u00fd.<\/p>\n<p>D\u1ef1a tr\u00ean nh\u1eefng bi\u1ebfn \u0111\u1ed9ng \u0111\u00e3 quan s\u00e1t, nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean c\u00e2n nh\u1eafc c\u00e1c b\u01b0\u1edbc sau:<\/p>\n<ul>\n<li>Theo d\u00f5i s\u00e1t sao di\u1ec5n bi\u1ebfn th\u1ecb tr\u01b0\u1eddng v\u00e0 ph\u00e2n b\u1ed5 t\u00e0i s\u1ea3n m\u1ed9t c\u00e1ch h\u1ee3p l\u00fd.<\/li>\n<li>T\u1eadp trung v\u00e0o \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n thay v\u00ec ch\u1ea1y theo l\u1ee3i nhu\u1eadn ng\u1eafn h\u1ea1n.<\/li>\n<li>Tham kh\u1ea3o \u00fd ki\u1ebfn t\u1eeb c\u00e1c chuy\u00ean gia v\u00e0 c\u1eadp nh\u1eadt th\u00f4ng tin li\u00ean t\u1ee5c.<\/li>\n<\/ul>\n<p>Nh\u1eefng chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 c\u1ea9n tr\u1ecdng s\u1ebd gi\u00fap gi\u1ea3m thi\u1ec3u r\u1ee7i ro trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng v\u00e0ng th\u01b0\u1eddng xuy\u00ean bi\u1ebfn \u0111\u1ed9ng. Vi\u1ec7c \u0111a d\u1ea1ng h\u00f3a danh m\u1ee5c \u0111\u1ea7u t\u01b0, ch\u1eb3ng h\u1ea1n nh\u01b0 tham gia c\u00e1c t\u00e0i kho\u1ea3n c\u00f3 l\u00e3i su\u1ea5t \u1ed5n \u0111\u1ecbnh 4,9%\/n\u0103m t\u1eeb Infina, c\u00f3 th\u1ec3 h\u1ed7 tr\u1ee3 nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed1i \u01b0u h\u00f3a l\u1ee3i nhu\u1eadn v\u00e0 gi\u1ea3m thi\u1ec3u thi\u1ec7t h\u1ea1i.<\/p>\n<p>V\u1edbi m\u1ed9t k\u1ebf ho\u1ea1ch r\u00f5 r\u00e0ng v\u00e0 s\u1ef1 c\u1eadp nh\u1eadt th\u00f4ng tin li\u00ean t\u1ee5c, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 \u0111\u01b0a ra nh\u1eefng quy\u1ebft \u0111\u1ecbnh ph\u00f9 h\u1ee3p v\u1edbi m\u1ee5c ti\u00eau t\u00e0i ch\u00ednh c\u00e1 nh\u00e2n.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2000&ndash;2007: Gi&aacute; v&agrave;ng &#7893;n &#273;&#7883;nh, kinh t&#7871; ph&aacute;t tri&#7875;n v&agrave; h&#7897;i nh&#7853;p qu&#7889;c t&#7871;. 2008&ndash;2011: T&#259;ng m&#7841;nh do kh&#7911;ng ho&#7843;ng t&agrave;i ch&iacute;nh to&agrave;n c&#7847;u. 2012&ndash;2019: &#272;i&#7873;u ch&#7881;nh v&agrave; &#7893;n &#273;&#7883;nh nh&#7901; qu&#7843;n l&yacute; th&#7883; tr&#432;&#7901;ng ch&#7863;t ch&#7869;. 2020&ndash;2025: Bi&#7871;n &#273;&#7897;ng m&#7841;nh b&#7903;i &#273;&#7841;i d&#7883;ch Covid-19 v&agrave; b&#7845;t &#7893;n &#273;&#7883;a ch&iacute;nh tr&#7883;. Y&#7871;u t&#7889; &#7843;nh h&#432;&#7903;ng [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":26917,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-26916","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-kien-thuc-tai-chinh"},"_links":{"self":[{"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/posts\/26916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/comments?post=26916"}],"version-history":[{"count":0,"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/posts\/26916\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/media\/26917"}],"wp:attachment":[{"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/media?parent=26916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/categories?post=26916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/tags?post=26916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}