{"id":14695,"date":"2025-11-13T11:21:26","date_gmt":"2025-11-13T04:21:26","guid":{"rendered":"https:\/\/www.phfm.vn\/?p=14695"},"modified":"2025-11-13T11:25:23","modified_gmt":"2025-11-13T04:25:23","slug":"phat-trien-thi-truong-etf-bai-hoc-tu-dai-loan-va-etf-vang","status":"publish","type":"post","link":"https:\/\/www.phfm.vn\/vi\/phat-trien-thi-truong-etf-bai-hoc-tu-dai-loan-va-etf-vang\/","title":{"rendered":"PH\u00c1T TRI\u1ec2N TH\u1eca TR\u01af\u1edcNG ETF: B\u00c0I H\u1eccC T\u1eea \u0110\u00c0I LOAN V\u00c0 ETF V\u00c0NG."},"content":{"rendered":"
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H\u1ed9i ngh\u1ecb \u201cNg\u00e0nh qu\u1ef9 trong ti\u1ebfn tr\u00ecnh ph\u00e1t tri\u1ec3n TTCK v\u00e0 thu h\u00fat d\u00f2ng v\u1ed1n \u0111\u1ea7u t\u01b0 gi\u00e1n ti\u1ebfp v\u00e0o Vi\u1ec7t Nam\u201d t\u1ed5 ch\u1ee9c s\u00e1ng 17\/10\/2025<\/figcaption><\/figure>\n

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Ph\u00e1t tri\u1ec3n th\u1ecb tr\u01b0\u1eddng ETF: B\u00e0i h\u1ecdc t\u1eeb \u0110\u00e0i Loan v\u00e0 ETF v\u00e0ng.<\/strong><\/p>\n

T\u1ea1i H\u1ed9i ngh\u1ecb,\u00a0\u00f4ng\u00a0<\/strong>Albert Kwang-Chin Ting<\/strong><\/a>, Ch\u1ee7 t\u1ecbch H\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb C\u00f4ng ty C\u1ed5 ph\u1ea7n Qu\u1ea3n l\u00fd Qu\u1ef9 Ph\u00fa H\u01b0ng (<\/strong>PHFM<\/strong><\/a>)<\/strong>\u00a0tr\u00ecnh b\u00e0y tham lu\u1eadn v\u1edbi ch\u1ee7 \u0111\u1ec1 “Vi\u1ec7t Nam th\u1eddi \u0111i\u1ec3m v\u00e0ng \u0111\u00e3 \u0111\u1ebfn”. B\u00e0i tr\u00ecnh b\u00e0y c\u1ee7a \u00f4ng t\u1eadp trung v\u00e0o vi\u1ec7c \u00e1p d\u1ee5ng kinh nghi\u1ec7m qu\u1ed1c t\u1ebf, \u0111\u1eb7c bi\u1ec7t l\u00e0 t\u1eeb \u0110\u00e0i Loan, \u0111\u1ec3 ph\u00e1t tri\u1ec3n Qu\u1ef9 Ho\u00e1n \u0111\u1ed5i Danh m\u1ee5c (ETF) v\u00e0 ng\u00e0nh qu\u1ea3n l\u00fd qu\u1ef9 t\u1ea1i Vi\u1ec7t Nam.<\/p>\n

\u00d4ng\u00a0Albert Kwang-Chin Ting\u00a0nh\u1ea5n m\u1ea1nh r\u1eb1ng Vi\u1ec7t Nam \u0111ang \u1edf v\u1ecb th\u1ebf r\u1ea5t t\u1ed1t \u0111\u1ec3 thu h\u00fat ngu\u1ed3n v\u1ed1n \u0111ang di chuy\u1ec3n t\u1eeb c\u00e1c n\u1ec1n kinh t\u1ebf c\u00f3 t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng th\u1ea5p h\u01a1n trong khu v\u1ef1c.<\/p>\n

L\u00e3nh \u0111\u1ea1o c\u1ee7a\u00a0PHFM\u00a0\u0111\u00e3 ch\u1ec9 ra t\u1ea7m quan tr\u1ecdng c\u1ee7a ETF trong vi\u1ec7c t\u0103ng quy m\u00f4 v\u1ed1n h\u00f3a c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n v\u00e0 n\u00e2ng cao to\u00e0n b\u1ed9 ng\u00e0nh qu\u1ea3n l\u00fd qu\u1ef9. Trong kho\u1ea3ng 10 n\u0103m ng\u1eafn ng\u1ee7i, t\u1ed5ng t\u00e0i s\u1ea3n qu\u1ea3n l\u00fd c\u1ee7a ETF tr\u00ean S\u1edf Giao d\u1ecbch Ch\u1ee9ng kho\u00e1n \u0110\u00e0i Loan \u0111\u00e3 t\u0103ng 32 l\u1ea7n, t\u1eeb 6\u00a0t\u1ef7 USD\u00a0n\u0103m 2015 l\u00ean h\u01a1n 200\u00a0t\u1ef7 USD\u00a0v\u00e0o n\u0103m 2024.<\/p>\n

S\u1ef1 t\u0103ng tr\u01b0\u1edfng n\u00e0y c\u0169ng k\u00e9o theo s\u1ef1 gia t\u0103ng l\u1edbn v\u1ec1 s\u1ed1 l\u01b0\u1ee3ng nh\u00e0 \u0111\u1ea7u t\u01b0, t\u0103ng 60 l\u1ea7n t\u1eeb 240,000 n\u0103m 2015 l\u00ean 14.3 tri\u1ec7u ng\u01b0\u1eddi n\u0103m 2024.<\/p>\n

Quy m\u00f4 th\u1ecb tr\u01b0\u1eddng ETF \u0110\u00e0i Loan<\/strong><\/p>\n

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Ngu\u1ed3n: PHFM<\/figcaption><\/figure>\n

\u00a0<\/strong><\/p>\n

K\u1ebft qu\u1ea3 \u0110\u00e0i Loan thu \u0111\u01b0\u1ee3c \u0111\u1ebfn t\u1eeb nh\u1eefng ch\u00ednh s\u00e1ch t\u1ea1o \u0111i\u1ec1u ki\u1ec7n thu\u1eadn l\u1ee3i cho s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a ETF.<\/p>\n

\u0110\u1ec3 t\u1ea1o \u0111i\u1ec1u ki\u1ec7n d\u1ec5 d\u00e0ng cho vi\u1ec7c x\u00e2y d\u1ef1ng ch\u1ec9 s\u1ed1, S\u1edf Giao d\u1ecbch Ch\u1ee9ng kho\u00e1n \u0110\u00e0i Loan \u0111\u00e3 th\u00e0nh l\u1eadp m\u1ed9t c\u00f4ng ty con thu\u1ed9c s\u1edf h\u1eefu 100% c\u00f3 t\u00ean l\u00e0\u00a0TIP<\/a>\u00a0(Taiwan Index Plus).<\/p>\n

\u0110\u1ed3ng th\u1eddi, \u0111\u1ec3 ph\u00e1t tri\u1ec3n th\u1ecb tr\u01b0\u1eddng, \u0110\u00e0i Loan \u0111\u00e3 c\u00f3 nhi\u1ec1u bi\u1ec7n ph\u00e1p m\u1edf r\u1ed9ng k\u00eanh ph\u00e2n ph\u1ed1i.<\/p>\n

Theo \u0111\u00f3, m\u1ed9t l\u0129nh v\u1ef1c then ch\u1ed1t \u0111\u1ec3 thu h\u00fat nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n tham gia v\u00e0o qu\u1ef9 l\u00e0 t\u1eadn d\u1ee5ng c\u00e1c ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i. Ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i c\u00f3 \u0111\u1ed9 ph\u1ee7 r\u1ed9ng kh\u1eafp v\u00e0 m\u1ea1ng l\u01b0\u1edbi m\u1edf r\u1ed9ng t\u1ed1t h\u01a1n nhi\u1ec1u so v\u1edbi c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n ho\u1eb7c c\u00f4ng ty qu\u1ea3n l\u00fd qu\u1ef9. \u1ede \u0110\u00e0i Loan, vi\u1ec7c t\u1eadn d\u1ee5ng lu\u1eadt t\u00edn th\u00e1c cho ph\u00e9p kh\u00e1ch h\u00e0ng ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i m\u1edf t\u00e0i kho\u1ea3n \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n\/qu\u1ef9 v\u00e0 b\u1eaft \u0111\u1ea7u \u0111\u1ea7u t\u01b0 ngay trong ng\u00e0y m\u1edf t\u1ea1i chi nh\u00e1nh.<\/p>\n

\u0110\u1ed3ng th\u1eddi, th\u1ecb tr\u01b0\u1eddng c\u0169ng \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y th\u00f4ng qua li\u00ean k\u1ebft v\u1edbi ng\u00e0nh b\u1ea3o hi\u1ec3m. Ng\u00e0nh b\u1ea3o hi\u1ec3m nh\u00e2n th\u1ecd c\u0169ng t\u1eadn d\u1ee5ng chuy\u00ean m\u00f4n c\u1ee7a ng\u00e0nh qu\u1ea3n l\u00fd qu\u1ef9 \u0111\u1ec3 cung c\u1ea5p c\u00e1c ch\u00ednh s\u00e1ch b\u1ea3o hi\u1ec3m ph\u1ee9c t\u1ea1p li\u00ean k\u1ebft tr\u1ef1c ti\u1ebfp v\u1edbi c\u00e1c qu\u1ef9 v\u00e0 ETF, qua \u0111\u00f3 chuy\u1ec3n v\u1ed1n v\u00e0o l\u0129nh v\u1ef1c qu\u1ea3n l\u00fd qu\u1ef9.<\/p>\n

Th\u00eam v\u00e0o \u0111\u00f3, ETF ph\u00e1t tri\u1ec3n m\u1ea1nh \u1edf c\u1ea5p \u0111\u1ed9 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n l\u00e0 nh\u1edd v\u00e0o gi\u00e1o d\u1ee5c, \u0111\u1eb7c bi\u1ec7t l\u00e0 th\u00f4ng qua vi\u1ec7c truy\u1ec1n \u0111\u1ea1t kh\u00e1i ni\u1ec7m \u0111\u01a1n gi\u1ea3n v\u1ec1 \u0111\u1ea7u t\u01b0 m\u1ed9t kho\u1ea3n ti\u1ec1n c\u1ed1 \u0111\u1ecbnh h\u00e0ng th\u00e1ng (ch\u01b0\u01a1ng tr\u00ecnh \u0111\u1ea7u t\u01b0 \u0111\u1ecbnh k\u1ef3 – SIPs). Gi\u00e1o d\u1ee5c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00f3ng \u0111\u00f3ng vai tr\u00f2 then ch\u1ed1t trong vi\u1ec7c n\u00e2ng cao hi\u1ec3u bi\u1ebft t\u00e0i ch\u00ednh cho ng\u01b0\u1eddi d\u00e2n, qua \u0111\u00f3 t\u0103ng c\u01b0\u1eddng kh\u1ea3 n\u0103ng ra quy\u1ebft \u0111\u1ecbnh trong vi\u1ec7c qu\u1ea3n l\u00fd ngu\u1ed3n ti\u1ec1n ti\u1ebft ki\u1ec7m ki\u1ec7m m\u1ed9t c\u00e1ch hi\u1ec7u qu\u1ea3.<\/p>\n

Kinh nghi\u1ec7m ph\u00e1t tri\u1ec3n qu\u1ef9 ETF v\u00e0ng v\u1eadt ch\u1ea5t<\/strong><\/p>\n

Trao \u0111\u1ed5i t\u1ea1i H\u1ed9i ngh\u1ecb,\u00a0\u00f4ng B\u00f9i Ho\u00e0ng H\u1ea3i, Ph\u00f3 Ch\u1ee7 t\u1ecbch \u1ee6y ban Ch\u1ee9ng kho\u00e1n Nh\u00e0 n\u01b0\u1edbc\u00a0<\/strong>cho bi\u1ebft, hi\u1ec7n c\u01a1 quan qu\u1ea3n l\u00fd \u0111ang s\u1eeda \u0111\u1ed5i Th\u00f4ng t\u01b0 s\u1ed1 98 v\u1ec1 ho\u1ea1t \u0111\u1ed9ng qu\u1ef9. S\u1eeda \u0111\u1ed5i s\u1ebd ti\u1ebfn t\u1edbi \u0111a d\u1ea1ng h\u00f3a c\u00e1c lo\u1ea1i qu\u1ef9 m\u1edbi nh\u01b0 qu\u1ef9 ETF, qu\u1ef9 \u0111\u1ea7u t\u01b0 v\u00e0o tr\u00e1i phi\u1ebfu. \u0110\u1ed3ng th\u1eddi, l\u00e0m ch\u1eb7t ch\u1ebd, \u0111a d\u1ea1ng h\u00f3a c\u00e1c k\u00eanh ph\u00e2n ph\u1ed1i v\u00e0 minh b\u1ea1ch h\u01a1n qu\u00e1 tr\u00ecnh ph\u00e2n ph\u1ed1i ch\u1ee9ng ch\u1ec9 qu\u1ef9 tr\u00ean kh\u00f4ng gian m\u1ea1ng.<\/p>\n

\u0110\u1ed3ng th\u1eddi, c\u01a1 quan qu\u1ea3n l\u00fd \u0111ang nghi\u00ean c\u1ee9u v\u1ec1 m\u1ed9t lo\u1ea1i h\u00ecnh qu\u1ef9 m\u1edbi l\u00e0\u00a0ETF v\u00e0ng. Vi\u1ec7c ph\u00e1t tri\u1ec3n ph\u00e1i sinh v\u00e0ng v\u00e0 ETF v\u00e0ng s\u1ebd gi\u00fap gi\u1ea3m nhu c\u1ea7u n\u1eafm gi\u1eef v\u00e0ng v\u1eadt ch\u1ea5t, t\u1eeb \u0111\u00f3 gi\u1ea3m nguy c\u01a1 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn c\u00e1n c\u00e2n ngo\u1ea1i t\u1ec7.<\/p>\n

Ngu\u1ed3n:<\/strong> Funan Securities<\/p>\n

PHFM:<\/strong> T\u1ed5ng h\u1ee3p<\/p>\n

 ","protected":false},"excerpt":{"rendered":"

  Ph\u00e1t tri\u1ec3n th\u1ecb tr\u01b0\u1eddng ETF: B\u00e0i h\u1ecdc t\u1eeb \u0110\u00e0i Loan v\u00e0 ETF v\u00e0ng. T\u1ea1i H\u1ed9i ngh\u1ecb,\u00a0\u00f4ng\u00a0Albert Kwang-Chin Ting, Ch\u1ee7 t\u1ecbch H\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb C\u00f4ng ty C\u1ed5 ph\u1ea7n Qu\u1ea3n l\u00fd Qu\u1ef9 Ph\u00fa H\u01b0ng (PHFM)\u00a0tr\u00ecnh b\u00e0y tham lu\u1eadn v\u1edbi ch\u1ee7 \u0111\u1ec1 “Vi\u1ec7t Nam th\u1eddi \u0111i\u1ec3m v\u00e0ng \u0111\u00e3 \u0111\u1ebfn”. B\u00e0i tr\u00ecnh b\u00e0y c\u1ee7a \u00f4ng t\u1eadp trung…<\/p>\n","protected":false},"author":10,"featured_media":14696,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[103,107],"tags":[175,173,174,176,177,178],"_links":{"self":[{"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/posts\/14695"}],"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=14695"}],"version-history":[{"count":3,"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/posts\/14695\/revisions"}],"predecessor-version":[{"id":14700,"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/posts\/14695\/revisions\/14700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/media\/14696"}],"wp:attachment":[{"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/media?parent=14695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/categories?post=14695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.phfm.vn\/vi\/wp-json\/wp\/v2\/tags?post=14695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}