{"id":14554,"date":"2025-10-27T09:47:11","date_gmt":"2025-10-27T02:47:11","guid":{"rendered":"https:\/\/www.phfm.vn\/?p=14554"},"modified":"2025-10-27T10:07:36","modified_gmt":"2025-10-27T03:07:36","slug":"vi-sao-bat-dong-san-dong-vai-tro-quan-trong-trong-dong-luc-tang-truong-cua-viet-nam","status":"publish","type":"post","link":"https:\/\/www.phfm.vn\/vi\/vi-sao-bat-dong-san-dong-vai-tro-quan-trong-trong-dong-luc-tang-truong-cua-viet-nam\/","title":{"rendered":"V\u00cc SAO B\u1ea4T \u0110\u1ed8NG S\u1ea2N \u0110\u00d3NG VAI TR\u00d2 QUAN TR\u1eccNG TRONG \u0110\u1ed8NG L\u1ef0C T\u0102NG TR\u01af\u1edeNG C\u1ee6A VI\u1ec6T NAM"},"content":{"rendered":"<p class=\"lead\"><span data-text-color=\"primary\"><strong>V\u00ec sao b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111\u00f3ng vai tr\u00f2 quan tr\u1ecdng trong \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng c\u1ee7a Vi\u1ec7t Nam<\/strong><\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-14556\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Website-Linkedin-Article_Kien-thuc-dau-tu-14.png\" alt=\"\" width=\"600\" height=\"338\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Website-Linkedin-Article_Kien-thuc-dau-tu-14.png 1920w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Website-Linkedin-Article_Kien-thuc-dau-tu-14-768x432.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Website-Linkedin-Article_Kien-thuc-dau-tu-14-1536x864.png 1536w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>B\u1ea5t \u0111\u1ed9ng s\u1ea3n t\u1eeb l\u00e2u \u0111\u00e3 \u0111\u01b0\u1ee3c xem l\u00e0 m\u1ed9t trong nh\u1eefng ng\u00e0nh c\u00f3 \u1ea3nh h\u01b0\u1edfng l\u1edbn nh\u1ea5t \u0111\u1ed1i v\u1edbi n\u1ec1n kinh t\u1ebf Vi\u1ec7t Nam, do m\u1ed1i li\u00ean k\u1ebft ch\u1eb7t ch\u1ebd v\u1edbi c\u00e1c l\u0129nh v\u1ef1c nh\u01b0 x\u00e2y d\u1ef1ng, t\u00e0i ch\u00ednh, v\u1eadt li\u1ec7u v\u00e0 ti\u00eau d\u00f9ng. M\u1ed9t s\u1ef1 thay \u0111\u1ed5i nh\u1ecf trong th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n c\u0169ng c\u00f3 th\u1ec3 lan t\u1ecfa \u0111\u1ebfn nhi\u1ec1u ng\u00e0nh kh\u00e1c \u2014 t\u1eeb d\u00f2ng t\u00edn d\u1ee5ng ng\u00e2n h\u00e0ng cho \u0111\u1ebfn nhu c\u1ea7u lao \u0111\u1ed9ng \u2014 khi\u1ebfn b\u1ea5t \u0111\u1ed9ng s\u1ea3n tr\u1edf th\u00e0nh th\u01b0\u1edbc \u0111o ph\u1ea3n \u00e1nh c\u1ea3 t\u00e2m l\u00fd ng\u1eafn h\u1ea1n l\u1eabn xu h\u01b0\u1edbng t\u0103ng tr\u01b0\u1edfng d\u00e0i h\u1ea1n c\u1ee7a n\u1ec1n kinh t\u1ebf.<\/p>\n<p>Trong b\u00e0i vi\u1ebft n\u00e0y, ch\u00fang ta s\u1ebd t\u00ecm hi\u1ec3u c\u00e1ch b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111\u1ecbnh h\u00ecnh qu\u00e1 tr\u00ecnh ph\u00e1t tri\u1ec3n kinh t\u1ebf c\u1ee7a Vi\u1ec7t Nam, v\u00ec sao l\u0129nh v\u1ef1c n\u00e0y v\u1eabn gi\u1eef vai tr\u00f2 tr\u1ee5 c\u1ed9t trong c\u00e1c \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng, v\u00e0 \u00fd ngh\u0129a \u0111\u1ed1i v\u1edbi th\u1ecb tr\u01b0\u1eddng trong th\u1eddi gian t\u1edbi.<\/p>\n<p><span data-text-color=\"secondary\"><strong>B\u1ea5t \u0111\u1ed9ng s\u1ea3n: m\u1ed9t tr\u1ee5 c\u1ed9t trong \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng <\/strong><\/span><\/p>\n<ol>\n<li><strong>\u1ea2nh h\u01b0\u1edfng l\u00ean n\u1ec1n kinh t\u1ebf<\/strong><\/li>\n<\/ol>\n<p>B\u1ea5t \u0111\u1ed9ng s\u1ea3n chi\u1ebfm t\u1ef7 tr\u1ecdng \u0111\u00e1ng k\u1ec3 trong h\u1ec7 th\u1ed1ng t\u00edn d\u1ee5ng c\u1ee7a Vi\u1ec7t Nam, d\u01b0 n\u1ee3 cho vay kinh doanh v\u00e0 c\u00e1 nh\u00e2n \u0111\u1ea1t 4,3 tri\u1ec7u t\u1ef7 \u0111\u1ed3ng v\u00e0o n\u0103m 2024 \u2014 t\u0103ng 16% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc v\u00e0 chi\u1ebfm 21,4% t\u1ed5ng d\u01b0 n\u1ee3 t\u00edn d\u1ee5ng.<\/p>\n<p>Tuy nhi\u00ean, \u1ea3nh h\u01b0\u1edfng c\u1ee7a b\u1ea5t \u0111\u1ed9ng s\u1ea3n kh\u00f4ng ch\u1ec9 d\u1eebng l\u1ea1i \u1edf ho\u1ea1t \u0111\u1ed9ng cho vay tr\u1ef1c ti\u1ebfp. \u1ede c\u00e1c ng\u00e0nh ngh\u1ec1 kh\u00e1c, b\u1ea5t \u0111\u1ed9ng s\u1ea3n v\u1eabn l\u00e0 t\u00e0i s\u1ea3n th\u1ebf ch\u1ea5p ch\u1ee7 y\u1ebfu, \u0111\u00f3ng vai tr\u00f2 n\u1ec1n t\u1ea3ng gi\u00fap doanh nghi\u1ec7p v\u00e0 c\u00e1 nh\u00e2n ti\u1ebfp c\u1eadn ngu\u1ed3n v\u1ed1n. Theo quan s\u00e1t, b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng l\u00e0m t\u00e0i s\u1ea3n th\u1ebf ch\u1ea5p cho \u00edt nh\u1ea5t 40\u201350% t\u1ed5ng gi\u00e1 tr\u1ecb c\u00e1c kho\u1ea3n vay, cho th\u1ea5y t\u00e1c \u0111\u1ed9ng l\u1edbn c\u1ee7a l\u0129nh v\u1ef1c n\u00e0y \u0111\u1ed1i v\u1edbi d\u00f2ng t\u00edn d\u1ee5ng v\u00e0 ho\u1ea1t \u0111\u1ed9ng kinh t\u1ebf.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-14557\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-1.png\" alt=\"\" width=\"600\" height=\"360\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-1.png 1891w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-1-768x461.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-1-1536x921.png 1536w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>B\u1ea5t \u0111\u1ed9ng s\u1ea3n c\u0169ng \u0111\u00f3ng g\u00f3p \u0111\u00e1ng k\u1ec3 v\u00e0o ngu\u1ed3n thu ng\u00e2n s\u00e1ch nh\u00e0 n\u01b0\u1edbc. N\u0103m 2024, t\u1ed5ng thu\u1ebf v\u00e0 ph\u00ed t\u1eeb l\u0129nh v\u1ef1c n\u00e0y \u0111\u1ea1t 272 ngh\u00ecn t\u1ef7 \u0111\u1ed3ng, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng 15,4% t\u1ed5ng thu ng\u00e2n s\u00e1ch \u2014 \u0111\u1ee9ng th\u1ee9 ba sau thu\u1ebf thu nh\u1eadp doanh nghi\u1ec7p v\u00e0 thu\u1ebf gi\u00e1 tr\u1ecb gia t\u0103ng.<\/p>\n<p>Trong \u0111\u00f3, ri\u00eang ti\u1ec1n s\u1eed d\u1ee5ng \u0111\u1ea5t chi\u1ebfm t\u1edbi 56,9% t\u1ed5ng ngu\u1ed3n thu t\u1eeb b\u1ea5t \u0111\u1ed9ng s\u1ea3n, cho th\u1ea5y t\u1ea7m quan tr\u1ecdng c\u1ee7a ngu\u1ed3n thu \u1ed5n \u0111\u1ecbnh n\u00e0y cho ng\u00e2n s\u00e1ch nh\u00e0 n\u01b0\u1edbc. Ngo\u00e0i ra, c\u00e1c lo\u1ea1i thu\u1ebf kh\u00e1c li\u00ean quan \u0111\u1ebfn b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u2014 nh\u01b0 thu\u1ebf VAT \u0111\u00e1nh tr\u00ean s\u1ea3n ph\u1ea9m cu\u1ed1i c\u00f9ng v\u00e0 thu\u1ebf thu nh\u1eadp doanh nghi\u1ec7p t\u1eeb c\u00e1c ch\u1ee7 \u0111\u1ea7u t\u01b0 \u2014 c\u0169ng \u0111\u00f3ng g\u00f3p \u0111\u00e1ng k\u1ec3, m\u1eb7c d\u00f9 kh\u00f3 x\u00e1c \u0111\u1ecbnh ch\u00ednh x\u00e1c quy m\u00f4.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-14558\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-2.png\" alt=\"\" width=\"600\" height=\"360\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-2.png 1891w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-2-768x461.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-2-1536x921.png 1536w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<ol start=\"2\">\n<li><strong>\u1ea2nh h\u01b0\u1edfng l\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n<\/strong><\/li>\n<\/ol>\n<p>Ch\u1ec9 s\u1ed1 VN Index t\u1eadp trung ch\u1ee7 y\u1ebfu v\u00e0o hai nh\u00f3m ng\u00e0nh \u2014 T\u00e0i ch\u00ednh (45,1%) v\u00e0 B\u1ea5t \u0111\u1ed9ng s\u1ea3n (18,8%) \u2014 chi\u1ebfm g\u1ea7n hai ph\u1ea7n ba t\u1ed5ng v\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng (63,9%). D\u00f9 B\u1ea5t \u0111\u1ed9ng s\u1ea3n l\u00e0 nh\u00f3m ng\u00e0nh l\u1edbn th\u1ee9 hai x\u00e9t ri\u00eang l\u1ebb, nh\u01b0ng t\u1ea7m \u1ea3nh h\u01b0\u1edfng th\u1ef1c t\u1ebf c\u1ee7a n\u00f3 c\u00f2n v\u01b0\u1ee3t xa h\u01a1n th\u1ebf.<\/p>\n<p>Nh\u00f3m T\u00e0i ch\u00ednh, v\u1ed1n chi\u1ebfm t\u1ef7 tr\u1ecdng l\u1edbn nh\u1ea5t trong ch\u1ec9 s\u1ed1, c\u00f3 m\u1ed1i li\u00ean h\u1ec7 ch\u1eb7t ch\u1ebd v\u1edbi ho\u1ea1t \u0111\u1ed9ng cho vay li\u00ean quan \u0111\u1ebfn b\u1ea5t \u0111\u1ed9ng s\u1ea3n v\u00e0 th\u01b0\u1eddng d\u00f9ng b\u1ea5t \u0111\u1ed9ng s\u1ea3n l\u00e0m t\u00e0i s\u1ea3n th\u1ebf ch\u1ea5p. M\u1ed1i quan h\u1ec7 ph\u1ee5 thu\u1ed9c l\u1eabn nhau n\u00e0y khi\u1ebfn chu k\u1ef3 b\u1ea5t \u0111\u1ed9ng s\u1ea3n c\u00f3 t\u00e1c \u0111\u1ed9ng l\u1edbn kh\u00f4ng ch\u1ec9 \u0111\u1ebfn hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a ch\u00ednh ng\u00e0nh n\u00e0y, m\u00e0 c\u00f2n \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn s\u1ef1 \u1ed5n \u0111\u1ecbnh v\u00e0 \u0111\u1ecbnh gi\u00e1 c\u1ee7a l\u0129nh v\u1ef1c t\u00e0i ch\u00ednh \u2014 qua \u0111\u00f3 \u0111\u1ecbnh h\u00ecnh to\u00e0n b\u1ed9 di\u1ec5n bi\u1ebfn c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-14559\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-3.png\" alt=\"\" width=\"600\" height=\"435\" \/><\/p>\n<p>Kh\u00f4ng \u1ea3nh h\u01b0\u1edfng th\u1ecb tr\u01b0\u1eddng c\u1ed5 phi\u1ebfu, th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu c\u0169ng ph\u1ea3n \u00e1nh r\u00f5 s\u1ef1 quan tr\u1ecdng c\u1ee7a hai nh\u00f3m ng\u00e0nh n\u00e0y. Trong t\u00e1m th\u00e1ng \u0111\u1ea7u n\u0103m 2025, l\u01b0\u1ee3ng tr\u00e1i phi\u1ebfu ph\u00e1t h\u00e0nh t\u1eeb c\u00e1c doanh nghi\u1ec7p thu\u1ed9c l\u0129nh v\u1ef1c T\u00e0i ch\u00ednh v\u00e0 B\u1ea5t \u0111\u1ed9ng s\u1ea3n chi\u1ebfm t\u1edbi 80% t\u1ed5ng l\u01b0\u1ee3ng ph\u00e1t h\u00e0nh, m\u1ed9t l\u1ea7n n\u1eefa nh\u1ea5n m\u1ea1nh vai tr\u00f2 trung t\u00e2m c\u1ee7a b\u1ea5t \u0111\u1ed9ng s\u1ea3n trong th\u1ecb tr\u01b0\u1eddng v\u1ed1n c\u1ee7a Vi\u1ec7t Nam.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-14560\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-4.png\" alt=\"\" width=\"600\" height=\"435\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-4.png 1650w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-4-768x557.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-4-1536x1114.png 1536w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><span data-text-color=\"secondary\"><strong>Nh\u1eefng di\u1ec5n bi\u1ebfn th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n g\u1ea7n \u0111\u00e2y<\/strong><\/span><\/p>\n<ol>\n<li><strong>Nh\u1eefng di\u1ec5n bi\u1ebfn g\u1ea7n \u0111\u00e2y v\u1ec1 ch\u00ednh s\u00e1ch<\/strong><\/li>\n<\/ol>\n<p>V\u1ec1 ch\u00ednh s\u00e1ch, c\u00e1c ch\u01b0\u01a1ng tr\u00ecnh cho vay th\u1ebf ch\u1ea5p t\u1ea1i Vi\u1ec7t Nam \u0111\u00e3 d\u1ea7n \u0111\u01b0\u1ee3c n\u1edbi l\u1ecfng sau giai \u0111o\u1ea1n COVID. L\u00e3i su\u1ea5t vay mua nh\u00e0 t\u1ea1i c\u00e1c ng\u00e2n h\u00e0ng l\u1edbn \u0111\u00e3 gi\u1ea3m t\u1eeb m\u1ee9c 7,7\u20139,0% tr\u01b0\u1edbc COVID xu\u1ed1ng c\u00f2n 5,7\u20137,9% v\u00e0o qu\u00fd I\/2025, ph\u1ea3n \u00e1nh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 n\u1edbi l\u1ecfng c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc Vi\u1ec7t Nam.<\/p>\n<p>B\u00ean c\u1ea1nh \u0111\u00f3, vi\u1ec7c gi\u1ea3m y\u00eau c\u1ea7u v\u1ec1 d\u00f2ng ti\u1ec1n tr\u1ea3 tr\u01b0\u1edbc gi\u00fap ng\u01b0\u1eddi mua nh\u00e0 c\u00f3 th\u1ec3 thanh to\u00e1n ph\u1ea7n v\u1ed1n t\u1ef1 c\u00f3 th\u1ea5p h\u01a1n \u2014 ch\u1ec9 t\u1eeb 8,6% \u0111\u1ebfn 20% \u2014 tr\u01b0\u1edbc khi nh\u1eadn b\u00e0n giao b\u1ea5t \u0111\u1ed9ng s\u1ea3n..<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-14561\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-5.png\" alt=\"\" width=\"600\" height=\"426\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-5.png 1650w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-5-768x546.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-5-1536x1091.png 1536w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>Ngo\u00e0i ra, vi\u1ec7c s\u00e1p nh\u1eadp c\u00e1c t\u1ec9nh \u0111\u00e3 gi\u00fap c\u1ea3i thi\u1ec7n kh\u1ea3 n\u0103ng ti\u1ebfp c\u1eadn t\u00edn d\u1ee5ng t\u1ea1i c\u00e1c t\u1ec9nh v\u00f9ng ven. H\u1ea7u h\u1ebft c\u00e1c ng\u00e2n h\u00e0ng cung c\u1ea5p t\u1ef7 l\u1ec7 cho vay tr\u00ean gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n (LTV) cao h\u01a1n t\u1ea1i c\u00e1c th\u00e0nh ph\u1ed1 l\u1edbn, th\u01b0\u1eddng dao \u0111\u1ed9ng trong kho\u1ea3ng 70\u201380% t\u00f9y theo h\u1ed3 s\u01a1 t\u00edn d\u1ee5ng. Ng\u01b0\u1ee3c l\u1ea1i, t\u1ea1i c\u00e1c t\u1ec9nh v\u00e0 th\u00e0nh ph\u1ed1 nh\u1ecf, t\u1ef7 l\u1ec7 LTV th\u01b0\u1eddng th\u1ea5p h\u01a1n, trung b\u00ecnh kho\u1ea3ng 60\u201370%.<\/p>\n<p>Nh\u00ecn chung, nh\u1eefng di\u1ec5n bi\u1ebfn n\u00e0y g\u00f3p ph\u1ea7n n\u00e2ng cao kh\u1ea3 n\u0103ng ti\u1ebfp c\u1eadn t\u00edn d\u1ee5ng v\u00e0 th\u00fac \u0111\u1ea9y t\u00e0i ch\u00ednh to\u00e0n di\u1ec7n tr\u00ean ph\u1ea1m vi r\u1ed9ng h\u01a1n c\u00e1c \u0111\u1ecba ph\u01b0\u01a1ng.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-14562\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-6.png\" alt=\"\" width=\"600\" height=\"346\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-6.png 925w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-6-768x443.png 768w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<ol start=\"2\">\n<li><strong>Nh\u1eefng di\u1ec5n bi\u1ebfn g\u1ea7n \u0111\u00e2y v\u1ec1 th\u1ecb tr\u01b0\u1eddng<\/strong><\/li>\n<\/ol>\n<p>Ho\u1ea1t \u0111\u1ed9ng x\u00e2y d\u1ef1ng b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111ang l\u1ea5y l\u1ea1i \u0111\u00e0 t\u0103ng tr\u01b0\u1edfng, ph\u00e2n kh\u00fac nh\u00e0 \u1edf b\u1ee9t ph\u00e1 m\u1ea1nh trong qu\u00fd II\/2025. T\u1ed5ng c\u1ed9ng c\u00f3 1.517 d\u1ef1 \u00e1n \u2014 t\u01b0\u01a1ng \u0111\u01b0\u01a1ng kho\u1ea3ng 544.000 c\u0103n h\u1ed9 \u2014 \u0111ang \u0111\u01b0\u1ee3c tri\u1ec3n khai, t\u0103ng 36% so v\u1edbi qu\u00fd tr\u01b0\u1edbc. Khu v\u1ef1c mi\u1ec1n B\u1eafc d\u1eabn \u0111\u1ea7u \u0111\u00e0 ph\u1ee5c h\u1ed3i, ch\u1ee7 y\u1ebfu nh\u1edd c\u00e1c d\u1ef1 \u00e1n quy m\u00f4 l\u1edbn c\u1ee7a Vingroup, v\u1ed1n kh\u00f4ng g\u1eb7p tr\u1edf ng\u1ea1i ph\u00e1p l\u00fd n\u00e0o k\u1ec3 t\u1eeb n\u0103m 2022.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-14563\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-7.png\" alt=\"\" width=\"600\" height=\"360\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-7.png 1889w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-7-768x461.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-7-1536x921.png 1536w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>T\u1ed3n kho \u0111\u00e3 t\u0103ng m\u1ea1nh k\u1ec3 t\u1eeb qu\u00fd III\/2024 sau khi lu\u1eadt m\u1edbi c\u00f3 hi\u1ec7u l\u1ef1c. T\u00ednh \u0111\u1ebfn qu\u00fd II\/2025, t\u1ed5ng l\u01b0\u1ee3ng t\u1ed3n kho \u0111\u1ea1t h\u01a1n 25.294 s\u1ea3n ph\u1ea9m, bao g\u1ed3m 3.287 c\u0103n h\u1ed9 chung c\u01b0, 10.290 nh\u00e0 \u1edf th\u1ea5p t\u1ea7ng v\u00e0 11.717 l\u00f4 \u0111\u1ea5t. So v\u1edbi qu\u00fd I\/2025, t\u1ed3n kho t\u0103ng nh\u1eb9, trong \u0111\u00f3 nh\u00e0 \u1edf ri\u00eang l\u1ebb t\u0103ng 9%, \u0111\u1ea5t n\u1ec1n t\u0103ng 0,3% v\u00e0 c\u0103n h\u1ed9 chung c\u01b0 t\u0103ng t\u1edbi 40,5%.<\/p>\n<p>Quy \u0111\u1ecbnh m\u1edbi c\u00f3 hi\u1ec7u l\u1ef1c t\u1eeb ng\u00e0y 1\/7\/2024 \u0111\u00e3 c\u1ee7ng c\u1ed1 ni\u1ec1m tin c\u1ee7a c\u00e1c ch\u1ee7 \u0111\u1ea7u t\u01b0, th\u00fac \u0111\u1ea9y gia t\u0103ng l\u01b0\u1ee3ng h\u00e0ng t\u1ed3n kho \u0111\u00e1ng k\u1ec3.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-14564\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-8.png\" alt=\"\" width=\"600\" height=\"360\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-8.png 1887w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-8-768x461.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-8-1536x921.png 1536w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>\u00c1p l\u1ef1c c\u1ee7a th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c d\u1ef1 b\u00e1o s\u1ebd t\u1eadp trung ch\u1ee7 y\u1ebfu trong n\u1eeda cu\u1ed1i n\u0103m 2025. \u0110\u1ebfn th\u1eddi \u0111i\u1ec3m hi\u1ec7n t\u1ea1i, ph\u1ea7n l\u1edbn c\u00e1c ch\u1ee7 \u0111\u1ea7u t\u01b0 c\u00f3 tr\u00e1i phi\u1ebfu g\u1eb7p kh\u00f3 kh\u0103n \u0111\u00e3 huy \u0111\u1ed9ng \u0111\u01b0\u1ee3c ngu\u1ed3n v\u1ed1n \u0111\u1ec3 thu x\u1ebfp th\u00e0nh c\u00f4ng. Nh\u1edd \u0111\u00f3, \u00e1p l\u1ef1c d\u00f2ng ti\u1ec1n \u0111\u1ed1i v\u1edbi c\u00e1c doanh nghi\u1ec7p b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng s\u1ebd gi\u1ea3m \u0111\u00e1ng k\u1ec3, m\u1edf \u0111\u01b0\u1eddng cho m\u1ed9t chu k\u1ef3 m\u1edbi c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-14565\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-9.png\" alt=\"\" width=\"600\" height=\"425\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-9.png 1983w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-9-768x544.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-9-1536x1088.png 1536w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>Giao d\u1ecbch c\u0103n h\u1ed9 v\u00e0 nh\u00e0 \u1edf th\u1ea5p t\u1ea7ng t\u0103ng m\u1ea1nh khi c\u00e1c n\u00fat th\u1eaft tr\u00ean th\u1ecb tr\u01b0\u1eddng d\u1ea7n \u0111\u01b0\u1ee3c g\u1ee1 b\u1ecf. Trong qu\u00fd II\/2025, t\u1ed5ng s\u1ed1 giao d\u1ecbch \u0111\u1ea1t 34.461 s\u1ea3n ph\u1ea9m \u2014 t\u0103ng 33,1% so v\u1edbi c\u00f9ng k\u1ef3 v\u00e0 2,6% so v\u1edbi qu\u00fd tr\u01b0\u1edbc \u2014 nh\u1edd ngu\u1ed3n cung \u0111\u01b0\u1ee3c c\u1ea3i thi\u1ec7n r\u00f5 r\u1ec7t.<\/p>\n<p>Trong khi \u0111\u00f3, giao d\u1ecbch \u0111\u1ea5t n\u1ec1n \u0111\u1ea1t 122.560 l\u00f4, gi\u1ea3m nh\u1eb9 1,9% so v\u1edbi c\u00f9ng k\u1ef3 nh\u01b0ng t\u0103ng m\u1ea1nh 21,3% so v\u1edbi qu\u00fd tr\u01b0\u1edbc, ph\u1ea3n \u00e1nh \u0111\u00e0 ph\u1ee5c h\u1ed3i t\u00edch c\u1ef1c so v\u1edbi n\u1ec1n cao c\u1ee7a n\u0103m tr\u01b0\u1edbc.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-14566 aligncenter\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-10.png\" alt=\"\" width=\"600\" height=\"356\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-10.png 1913w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-10-768x455.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-10-1536x911.png 1536w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>Gi\u00e1 c\u0103n h\u1ed9 \u0111\u00e3 ph\u1ee5c h\u1ed3i sau giai \u0111o\u1ea1n gi\u1ea3m trong n\u0103m 2023, \u0111\u00e1nh d\u1ea5u s\u1ef1 kh\u1edfi \u0111\u1ea7u c\u1ee7a m\u1ed9t chu k\u1ef3 m\u1edbi. T\u1ea1i TP. HCM, gi\u00e1 b\u00e1n s\u01a1 c\u1ea5p t\u0103ng 22%, t\u1eeb 60 l\u00ean 73 tri\u1ec7u \u0111\u1ed3ng\/m\u00b2 trong n\u0103m 2024 tr\u01b0\u1edbc khi gi\u1ea3m nh\u1eb9 trong qu\u00fd I\/2025, trong khi gi\u00e1 th\u1ee9 c\u1ea5p c\u0169ng ghi nh\u1eadn xu h\u01b0\u1edbng ph\u1ee5c h\u1ed3i.<\/p>\n<p>T\u1ea1i H\u00e0 N\u1ed9i, gi\u00e1 b\u00e1n s\u01a1 c\u1ea5p t\u0103ng m\u1ea1nh 36%, t\u1eeb 55 l\u00ean 75 tri\u1ec7u \u0111\u1ed3ng\/m\u00b2 trong n\u0103m 2024 v\u00e0 ti\u1ebfp t\u1ee5c nh\u00edch l\u00ean 77 tri\u1ec7u \u0111\u1ed3ng\/m\u00b2 trong qu\u00fd I\/2025, v\u1edbi gi\u00e1 th\u1ee9 c\u1ea5p c\u0169ng duy tr\u00ec xu h\u01b0\u1edbng t\u0103ng nh\u1eb9.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignleft wp-image-14567\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-11.png\" alt=\"\" width=\"500\" height=\"300\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-11.png 1650w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-11-768x461.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-11-1536x922.png 1536w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignright wp-image-14568\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-12.png\" alt=\"\" width=\"500\" height=\"300\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-12.png 1650w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-12-768x461.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Real-Estates-Importance-VN-12-1536x922.png 1536w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/p>\n<p><span data-text-color=\"secondary\"><strong>K\u1ebft lu\u1eadn<\/strong><\/span><\/p>\n<p>Ng\u00e0nh b\u1ea5t \u0111\u1ed9ng s\u1ea3n s\u1ebd ti\u1ebfp t\u1ee5c \u0111\u00f3ng vai tr\u00f2 then ch\u1ed1t trong b\u1ee9c tranh kinh t\u1ebf Vi\u1ec7t Nam, l\u00e0 \u0111\u1ed9ng l\u1ef1c quan tr\u1ecdng th\u00fac \u0111\u1ea9y t\u0103ng tr\u01b0\u1edfng v\u00e0 lu\u00e2n chuy\u1ec3n v\u1ed1n gi\u1eefa c\u00e1c ng\u00e0nh. Sau giai \u0111o\u1ea1n \u0111i\u1ec1u ch\u1ec9nh v\u00e0 \u0111\u1ed1i m\u1eb7t v\u1edbi nhi\u1ec1u th\u00e1ch th\u1ee9c, th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 cho th\u1ea5y nh\u1eefng d\u1ea5u hi\u1ec7u \u1ed5n \u0111\u1ecbnh r\u00f5 r\u1ec7t, \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi thanh kho\u1ea3n c\u1ea3i thi\u1ec7n v\u00e0 ni\u1ec1m tin nh\u00e0 \u0111\u1ea7u t\u01b0 gia t\u0103ng.<\/p>\n<p>Trong giai \u0111o\u1ea1n t\u1edbi, c\u00e1c ch\u00ednh s\u00e1ch v\u00e0 c\u1ea3i c\u00e1ch h\u00e0nh ch\u00ednh \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng s\u1ebd t\u1ea1o \u0111\u1ed9ng l\u1ef1c v\u1eefng ch\u1eafc cho chu k\u1ef3 t\u0103ng tr\u01b0\u1edfng ti\u1ebfp theo. V\u1edbi \u0111i\u1ec1u ki\u1ec7n t\u00edn d\u1ee5ng thu\u1eadn l\u1ee3i, c\u00e1c n\u00fat th\u1eaft ph\u00e1p l\u00fd \u0111\u01b0\u1ee3c g\u1ee1 b\u1ecf v\u00e0 s\u1ef1 ch\u1ee7 \u0111\u1ed9ng trong \u0111i\u1ec1u h\u00e0nh c\u1ee7a Ch\u00ednh ph\u1ee7, th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111ang s\u1eb5n s\u00e0ng b\u01b0\u1edbc v\u00e0o giai \u0111o\u1ea1n ph\u1ee5c h\u1ed3i v\u00e0 m\u1edf r\u1ed9ng b\u1ec1n v\u1eefng m\u1edbi.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: right;\"><em>L\u00ea Th\u1eafng Anh Tuy\u00ean \u2013 Ph\u00f2ng \u0111\u1ea7u t\u01b0, PHFM<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>V\u00ec sao b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111\u00f3ng vai tr\u00f2 quan tr\u1ecdng trong \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng c\u1ee7a Vi\u1ec7t Nam &nbsp; B\u1ea5t \u0111\u1ed9ng s\u1ea3n t\u1eeb l\u00e2u \u0111\u00e3 \u0111\u01b0\u1ee3c xem l\u00e0 m\u1ed9t trong nh\u1eefng ng\u00e0nh c\u00f3 \u1ea3nh h\u01b0\u1edfng l\u1edbn nh\u1ea5t \u0111\u1ed1i v\u1edbi n\u1ec1n kinh t\u1ebf Vi\u1ec7t Nam, do m\u1ed1i li\u00ean k\u1ebft ch\u1eb7t ch\u1ebd v\u1edbi c\u00e1c l\u0129nh v\u1ef1c nh\u01b0&#8230;<\/p>\n","protected":false},"author":10,"featured_media":14556,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[103,182,105],"tags":[175,173,174,176,177,178],"_links":{"self":[{"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/posts\/14554"}],"collection":[{"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/comments?post=14554"}],"version-history":[{"count":7,"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/posts\/14554\/revisions"}],"predecessor-version":[{"id":15219,"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/posts\/14554\/revisions\/15219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/media\/14556"}],"wp:attachment":[{"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/media?parent=14554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/categories?post=14554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/tags?post=14554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}