{"id":307566,"date":"2025-07-15T21:34:17","date_gmt":"2025-07-15T21:34:17","guid":{"rendered":"https:\/\/pocketoption.com\/blog\/news-events\/data\/bhn-stocks-2\/"},"modified":"2025-07-15T21:34:17","modified_gmt":"2025-07-15T21:34:17","slug":"bhn-stocks","status":"publish","type":"post","link":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/","title":{"rendered":"C\u1ed5 phi\u1ebfu BHN: Ph\u00e2n T\u00edch To\u00e0n Di\u1ec7n v\u00e0 Chi\u1ebfn L\u01b0\u1ee3c \u0110\u1ea7u T\u01b0 2024-2025"},"content":{"rendered":"<div id=\"root\"><div id=\"wrap-img-root\"><\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":45,"featured_media":178275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[28,45,44],"class_list":["post-307566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-investment","tag-stock","tag-strategy"],"acf":{"h1":"Pocket Option: Ph\u00e2n T\u00edch S\u00e2u v\u00e0 D\u1ef1 B\u00e1o C\u1ed5 Phi\u1ebfu BHN 2024-2025","h1_source":{"label":"H1","type":"text","formatted_value":"Pocket Option: Ph\u00e2n T\u00edch S\u00e2u v\u00e0 D\u1ef1 B\u00e1o C\u1ed5 Phi\u1ebfu BHN 2024-2025"},"description":"C\u1ed5 phi\u1ebfu BHN - Kh\u00e1m ph\u00e1 nh\u1eefng th\u00f4ng tin chi ti\u1ebft, xu h\u01b0\u1edbng gi\u00e1 v\u00e0 c\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0 m\u1edbi nh\u1ea5t cho Habeco m\u00e0 b\u1ea1n c\u1ea7n n\u1eafm b\u1eaft ngay l\u1eadp t\u1ee9c tr\u01b0\u1edbc nh\u1eefng bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng v\u1edbi Pocket Option","description_source":{"label":"Description","type":"textarea","formatted_value":"C\u1ed5 phi\u1ebfu BHN - Kh\u00e1m ph\u00e1 nh\u1eefng th\u00f4ng tin chi ti\u1ebft, xu h\u01b0\u1edbng gi\u00e1 v\u00e0 c\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0 m\u1edbi nh\u1ea5t cho Habeco m\u00e0 b\u1ea1n c\u1ea7n n\u1eafm b\u1eaft ngay l\u1eadp t\u1ee9c tr\u01b0\u1edbc nh\u1eefng bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng v\u1edbi Pocket Option"},"intro":"Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam n\u0103m 2024 ch\u1ee9ng ki\u1ebfn s\u1ef1 ch\u00fa \u00fd \u0111\u1eb7c bi\u1ec7t \u0111\u1ebfn c\u1ed5 phi\u1ebfu BHN c\u1ee7a T\u1ed5ng c\u00f4ng ty Habeco. Ph\u00e2n t\u00edch n\u00e0y cung c\u1ea5p c\u00e1i nh\u00ecn to\u00e0n di\u1ec7n v\u1ec1 l\u1ecbch s\u1eed, hi\u1ec7u qu\u1ea3 kinh doanh v\u00e0 tri\u1ec3n v\u1ecdng \u0111\u1ea7u t\u01b0 c\u1ee7a c\u1ed5 phi\u1ebfu BHN d\u1ef1a tr\u00ean d\u1eef li\u1ec7u t\u00e0i ch\u00ednh c\u1eadp nh\u1eadt \u0111\u1ebfn qu\u00fd 2\/2024, gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh th\u00f4ng minh trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng.","intro_source":{"label":"Intro","type":"text","formatted_value":"Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam n\u0103m 2024 ch\u1ee9ng ki\u1ebfn s\u1ef1 ch\u00fa \u00fd \u0111\u1eb7c bi\u1ec7t \u0111\u1ebfn c\u1ed5 phi\u1ebfu BHN c\u1ee7a T\u1ed5ng c\u00f4ng ty Habeco. Ph\u00e2n t\u00edch n\u00e0y cung c\u1ea5p c\u00e1i nh\u00ecn to\u00e0n di\u1ec7n v\u1ec1 l\u1ecbch s\u1eed, hi\u1ec7u qu\u1ea3 kinh doanh v\u00e0 tri\u1ec3n v\u1ecdng \u0111\u1ea7u t\u01b0 c\u1ee7a c\u1ed5 phi\u1ebfu BHN d\u1ef1a tr\u00ean d\u1eef li\u1ec7u t\u00e0i ch\u00ednh c\u1eadp nh\u1eadt \u0111\u1ebfn qu\u00fd 2\/2024, gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh th\u00f4ng minh trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng."},"body_html":"<div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>T\u1ed5ng quan v\u1ec1 c\u1ed5 phi\u1ebfu BHN v\u00e0 v\u1ecb th\u1ebf c\u1ee7a Habeco tr\u00ean th\u1ecb tr\u01b0\u1eddng bia Vi\u1ec7t Nam<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u1ed5 phi\u1ebfu BHN \u0111\u1ea1i di\u1ec7n cho T\u1ed5ng C\u00f4ng ty C\u1ed5 ph\u1ea7n Bia - R\u01b0\u1ee3u - N\u01b0\u1edbc gi\u1ea3i kh\u00e1t H\u00e0 N\u1ed9i (Habeco), nh\u00e0 s\u1ea3n xu\u1ea5t bia l\u1edbn th\u1ee9 hai c\u1ee7a Vi\u1ec7t Nam v\u1edbi 18,2% th\u1ecb ph\u1ea7n v\u00e0o n\u0103m 2023. \u0110\u01b0\u1ee3c th\u00e0nh l\u1eadp v\u00e0o n\u0103m 1890, Habeco hi\u1ec7n s\u1edf h\u1eefu 6 nh\u00e0 m\u00e1y s\u1ea3n xu\u1ea5t v\u1edbi c\u00f4ng su\u1ea5t 870 tri\u1ec7u l\u00edt\/n\u0103m, c\u00f9ng danh m\u1ee5c s\u1ea3n ph\u1ea9m \u0111a d\u1ea1ng bao g\u1ed3m Bia H\u00e0 N\u1ed9i, Bia Tr\u00fac B\u1ea1ch v\u00e0 h\u01a1n 12 th\u01b0\u01a1ng hi\u1ec7u bia kh\u00e1c \u0111\u00e3 tr\u1edf th\u00e0nh bi\u1ec3u t\u01b0\u1ee3ng ti\u00eau d\u00f9ng v\u0103n h\u00f3a \u1edf mi\u1ec1n B\u1eafc Vi\u1ec7t Nam.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u1ed5 phi\u1ebfu BHN \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft tr\u00ean HOSE v\u00e0o ng\u00e0y 28 th\u00e1ng 1 n\u0103m 2016, v\u1edbi gi\u00e1 tham chi\u1ebfu 70.000 VND\/c\u1ed5 phi\u1ebfu v\u00e0 v\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng ban \u0111\u1ea7u l\u00e0 16.000 t\u1ef7 VND. \u0110\u00e2y l\u00e0 m\u1ed9t c\u1ed9t m\u1ed1c quan tr\u1ecdng trong qu\u00e1 tr\u00ecnh c\u1ed5 ph\u1ea7n h\u00f3a khi B\u1ed9 C\u00f4ng Th\u01b0\u01a1ng gi\u1ea3m t\u1ef7 l\u1ec7 s\u1edf h\u1eefu t\u1eeb 81,79% xu\u1ed1ng 81,0%. Hi\u1ec7n t\u1ea1i, Carlsberg l\u00e0 c\u1ed5 \u0111\u00f4ng chi\u1ebfn l\u01b0\u1ee3c n\u1eafm gi\u1eef 17,34% c\u1ed5 ph\u1ea7n, theo b\u00e1o c\u00e1o qu\u1ea3n tr\u1ecb qu\u00fd 2\/2024.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Bi\u1ebfn \u0111\u1ed9ng l\u1ecbch s\u1eed c\u1ee7a c\u1ed5 phi\u1ebfu Habeco (BHN) trong giai \u0111o\u1ea1n 2016-2024<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>L\u1ecbch s\u1eed 8 n\u0103m c\u1ee7a&nbsp;<b>c\u1ed5 phi\u1ebfu Habeco<\/b>&nbsp;cho th\u1ea5y c\u00e1c chu k\u1ef3 bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh. Sau khi ni\u00eam y\u1ebft, BHN t\u0103ng 198% trong 9 th\u00e1ng, \u0111\u1ea1t \u0111\u1ec9nh 208.500 VND (11\/2016) do k\u1ef3 v\u1ecdng Carlsberg s\u1ebd t\u0103ng t\u1ef7 l\u1ec7 s\u1edf h\u1eefu sau c\u1ed5 ph\u1ea7n h\u00f3a. Tuy nhi\u00ean, gi\u00e1 li\u00ean t\u1ee5c gi\u1ea3m sau \u0111\u00f3 khi th\u01b0\u01a1ng v\u1ee5 n\u00e0y kh\u00f4ng ti\u1ebfn tri\u1ec3n nh\u01b0 mong \u0111\u1ee3i.<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Giai \u0111o\u1ea1n<\/th><th>Bi\u1ebfn \u0111\u1ed9ng gi\u00e1<\/th><th>Kh\u1ed1i l\u01b0\u1ee3ng trung b\u00ecnh<\/th><th>Y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng ch\u00ednh<\/th><\/tr><\/thead><tbody><tr><td>01\/2016-11\/2016<\/td><td>T\u0103ng t\u1eeb 70.000 l\u00ean 208.500 (+198%)<\/td><td>245.320 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td><td>Ni\u00eam y\u1ebft, k\u1ef3 v\u1ecdng Carlsberg t\u0103ng s\u1edf h\u1eefu l\u00ean 30%<\/td><\/tr><tr><td>12\/2016-12\/2019<\/td><td>Gi\u1ea3m t\u1eeb 200.000 xu\u1ed1ng 85.700 (-57,2%)<\/td><td>138.450 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td><td>\u0110\u00e0m ph\u00e1n Carlsberg \u0111\u00ecnh tr\u1ec7, th\u1ecb ph\u1ea7n gi\u1ea3m t\u1eeb 23% xu\u1ed1ng 20,5%<\/td><\/tr><tr><td>01\/2020-06\/2021<\/td><td>Gi\u1ea3m t\u1eeb 85.000 xu\u1ed1ng 48.200 (-43,3%)<\/td><td>92.780 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td><td>COVID-19, Ngh\u1ecb \u0111\u1ecbnh 100 gi\u1ea3m ti\u00eau th\u1ee5 bia 22,6%<\/td><\/tr><tr><td>07\/2021-12\/2023<\/td><td>Ph\u1ee5c h\u1ed3i t\u1eeb 48.000 l\u00ean 69.500 (+44,8%)<\/td><td>176.320 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td><td>Ph\u1ee5c h\u1ed3i sau \u0111\u1ea1i d\u1ecbch, l\u1ee3i nhu\u1eadn r\u00f2ng t\u0103ng 15,8% n\u0103m 2023<\/td><\/tr><tr><td>01\/2024-hi\u1ec7n t\u1ea1i<\/td><td>Dao \u0111\u1ed9ng gi\u1eefa 68.000-75.000<\/td><td>203.450 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td><td>K\u1ebf ho\u1ea1ch t\u00e1i c\u1ea5u tr\u00fac 2024-2026, k\u1ef3 v\u1ecdng tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110\u00e1ng ch\u00fa \u00fd,&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>&nbsp;th\u01b0\u1eddng ph\u1ea3n \u1ee9ng m\u1ea1nh v\u1edbi th\u00f4ng tin v\u1ec1 qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc v\u00e0 \u0111\u00e0m ph\u00e1n v\u1edbi Carlsberg. Nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng&nbsp;<b>Pocket Option<\/b>&nbsp;c\u00f3 th\u1ec3 \u0111\u1eb7t c\u1ea3nh b\u00e1o bi\u1ebfn \u0111\u1ed9ng gi\u00e1 \u0111\u1ec3 n\u1eafm b\u1eaft c\u01a1 h\u1ed9i giao d\u1ecbch khi c\u00f3 tin t\u1ee9c quan tr\u1ecdng li\u00ean quan \u0111\u1ebfn c\u00e1c v\u1ea5n \u0111\u1ec1 n\u00e0y, \u0111\u1eb7c bi\u1ec7t khi kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch v\u01b0\u1ee3t 300.000 c\u1ed5 phi\u1ebfu\/phi\u00ean.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Ph\u00e2n t\u00edch c\u01a1 b\u1ea3n c\u1ed5 phi\u1ebfu BHN: So s\u00e1nh c\u00e1c ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh 2022-2024<\/h2><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>\u0110i\u1ec3m m\u1ea1nh c\u1ea1nh tranh c\u1ee7a Habeco<\/h3><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Ph\u00e2n t\u00edch&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>&nbsp;n\u00ean b\u1eaft \u0111\u1ea7u t\u1eeb nh\u1eefng l\u1ee3i th\u1ebf c\u1ea1nh tranh c\u1ed1t l\u00f5i c\u1ee7a Habeco:<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Th\u01b0\u01a1ng hi\u1ec7u 134 n\u0103m tu\u1ed5i v\u1edbi \u0111\u1ed9 nh\u1eadn di\u1ec7n cao (94% ng\u01b0\u1eddi ti\u00eau d\u00f9ng mi\u1ec1n B\u1eafc bi\u1ebft \u0111\u1ebfn Bia H\u00e0 N\u1ed9i)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>M\u1ea1ng l\u01b0\u1edbi ph\u00e2n ph\u1ed1i \u0111\u1eb7c bi\u1ec7t m\u1ea1nh t\u1ea1i 25 t\u1ec9nh mi\u1ec1n B\u1eafc v\u1edbi 150.000 \u0111i\u1ec3m b\u00e1n v\u00e0 24 chi nh\u00e1nh\/c\u00f4ng ty con<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>C\u00f4ng su\u1ea5t s\u1ea3n xu\u1ea5t 870 tri\u1ec7u l\u00edt\/n\u0103m v\u1edbi 6 nh\u00e0 m\u00e1y hi\u1ec7n \u0111\u1ea1i t\u1ea1i H\u00e0 N\u1ed9i, H\u1ea3i Ph\u00f2ng, H\u1ea3i D\u01b0\u01a1ng, Qu\u1ea3ng Ninh<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Danh m\u1ee5c s\u1ea3n ph\u1ea9m \u0111a d\u1ea1ng v\u1edbi 15 s\u1ea3n ph\u1ea9m t\u1eeb ph\u00e2n kh\u00fac \u0111\u1ea1i ch\u00fang (Bia H\u00e0 N\u1ed9i) \u0111\u1ebfn cao c\u1ea5p (Tr\u00fac B\u1ea1ch Premium)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u00ecnh h\u00ecnh t\u00e0i ch\u00ednh l\u00e0nh m\u1ea1nh v\u1edbi t\u1ef7 l\u1ec7 n\u1ee3\/v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu th\u1ea5p (0,21) v\u00e0 d\u1ef1 tr\u1eef ti\u1ec1n m\u1eb7t d\u1ed3i d\u00e0o (2.834 t\u1ef7 VND)<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>Th\u00e1ch th\u1ee9c v\u00e0 \u0111i\u1ec3m y\u1ebfu<\/h3><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>B\u00ean c\u1ea1nh nh\u1eefng l\u1ee3i th\u1ebf, Habeco \u0111\u1ed1i m\u1eb7t v\u1edbi m\u1ed9t s\u1ed1 th\u00e1ch th\u1ee9c nghi\u00eam tr\u1ecdng:<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Th\u1ecb ph\u1ea7n li\u00ean t\u1ee5c gi\u1ea3m t\u1eeb 23% (2016) xu\u1ed1ng 18,2% (2023), m\u1ea5t v\u1ecb tr\u00ed th\u1ee9 hai v\u00e0o tay Heineken (24,5%)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>C\u01a1 c\u1ea5u qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p c\u1ed3ng k\u1ec1nh v\u1edbi 6 c\u1ea5p qu\u1ea3n l\u00fd v\u00e0 qu\u00e1 tr\u00ecnh ra quy\u1ebft \u0111\u1ecbnh ch\u1eadm ch\u1ea1p<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Chi ph\u00ed marketing ch\u1ec9 b\u1eb1ng 40% so v\u1edbi \u0111\u1ed1i th\u1ee7 (5,2% doanh thu so v\u1edbi 13% c\u1ee7a Heineken), \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn kh\u1ea3 n\u0103ng c\u1ea1nh tranh<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ph\u1ee5 thu\u1ed9c qu\u00e1 m\u1ee9c v\u00e0o th\u1ecb tr\u01b0\u1eddng mi\u1ec1n B\u1eafc (82% doanh thu), trong khi th\u1ecb ph\u1ea7n \u1edf mi\u1ec1n Nam ch\u1ec9 3,5%<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>N\u0103ng su\u1ea5t lao \u0111\u1ed9ng th\u1ea5p (2,35 t\u1ef7 VND\/nh\u00e2n vi\u00ean) so v\u1edbi Sabeco (4,12 t\u1ef7 VND\/nh\u00e2n vi\u00ean) v\u00e0 Heineken (5,86 t\u1ef7 VND\/nh\u00e2n vi\u00ean)<\/li><\/ul><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh<\/th><th>2022<\/th><th>2023<\/th><th>Q2\/2024<\/th><th>\u0110\u00e1nh gi\u00e1<\/th><\/tr><\/thead><tbody><tr><td>Doanh thu (t\u1ef7 VND)<\/td><td>5.845<\/td><td>6.123 (+4,8%)<\/td><td>3.251 (+5,7% YoY)<\/td><td>T\u0103ng tr\u01b0\u1edfng d\u01b0\u1edbi m\u1ee9c trung b\u00ecnh ng\u00e0nh (8,2%)<\/td><\/tr><tr><td>L\u1ee3i nhu\u1eadn r\u00f2ng (t\u1ef7 VND)<\/td><td>356<\/td><td>412 (+15,8%)<\/td><td>227 (+10,2% YoY)<\/td><td>C\u1ea3i thi\u1ec7n nh\u1edd chi ph\u00ed nguy\u00ean li\u1ec7u gi\u1ea3m (-8,4%)<\/td><\/tr><tr><td>Bi\u00ean l\u1ee3i nhu\u1eadn g\u1ed9p (%)<\/td><td>24,8%<\/td><td>26,3% (+1,5%)<\/td><td>27,1% (+0,8%)<\/td><td>Xu h\u01b0\u1edbng t\u00edch c\u1ef1c nh\u01b0ng v\u1eabn th\u1ea5p h\u01a1n Sabeco (32,5%)<\/td><\/tr><tr><td>ROE (%)<\/td><td>4,2%<\/td><td>4,8% (+0,6%)<\/td><td>5,1% (\u01b0\u1edbc t\u00ednh c\u1ea3 n\u0103m)<\/td><td>C\u1ea3i thi\u1ec7n nh\u01b0ng v\u1eabn th\u1ea5p so v\u1edbi trung b\u00ecnh ng\u00e0nh (11,3%)<\/td><\/tr><tr><td>EPS (VND)<\/td><td>1.541<\/td><td>1.782 (+15,6%)<\/td><td>982 (6 th\u00e1ng \u0111\u1ea7u n\u0103m)<\/td><td>T\u0103ng tr\u01b0\u1edfng t\u00edch c\u1ef1c, \u01b0\u1edbc \u0111\u1ea1t 2.050 cho c\u1ea3 n\u0103m 2024<\/td><\/tr><tr><td>P\/E<\/td><td>45,1<\/td><td>38,7<\/td><td>35,6 (d\u1ef1 b\u00e1o c\u1ea3 n\u0103m)<\/td><td>\u0110\u1ecbnh gi\u00e1 cao h\u01a1n SAB (25,3) v\u00e0 trung b\u00ecnh ng\u00e0nh (22,8)<\/td><\/tr><tr><td>C\u1ed5 t\u1ee9c ti\u1ec1n m\u1eb7t (VND)<\/td><td>1.000<\/td><td>1.200<\/td><td>1.500 (d\u1ef1 ki\u1ebfn)<\/td><td>L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c 2,1%, th\u1ea5p h\u01a1n trung b\u00ecnh ng\u00e0nh (3,4%)<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng n\u1ec1n t\u1ea3ng&nbsp;<b>Pocket Option<\/b>&nbsp;n\u00ean \u0111\u1eb7c bi\u1ec7t ch\u00fa \u00fd \u0111\u1ebfn c\u00e1c ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh n\u00e0y khi x\u00e2y d\u1ef1ng chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 cho&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>. M\u1eb7c d\u00f9 xu h\u01b0\u1edbng c\u1ea3i thi\u1ec7n, t\u1ef7 l\u1ec7 l\u1ee3i nhu\u1eadn c\u1ee7a Habeco v\u1eabn th\u1ea5p h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi trung b\u00ecnh ng\u00e0nh, trong khi \u0111\u1ecbnh gi\u00e1 P\/E cao h\u01a1n, t\u1ea1o \u00e1p l\u1ef1c gi\u1ea3m gi\u00e1 ti\u1ec1m n\u0103ng.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt v\u00e0 m\u00f4 h\u00ecnh gi\u00e1 c\u1ed5 phi\u1ebfu Habeco 2023-2024<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt&nbsp;<b>c\u1ed5 phi\u1ebfu Habeco<\/b>&nbsp;tr\u00ean khung th\u1eddi gian tu\u1ea7n v\u00e0 ng\u00e0y cho th\u1ea5y c\u00e1c t\u00edn hi\u1ec7u \u0111\u00e1ng ch\u00fa \u00fd sau:<\/p><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>C\u00e1c m\u1ee9c h\u1ed7 tr\u1ee3 v\u00e0 kh\u00e1ng c\u1ef1 ch\u00ednh (c\u1eadp nh\u1eadt 8\/2024)<\/h3><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Lo\u1ea1i<\/th><th>M\u1ee9c gi\u00e1 (VND)<\/th><th>Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch<\/th><th>\u00dd ngh\u0129a k\u1ef9 thu\u1eadt<\/th><\/tr><\/thead><tbody><tr><td>H\u1ed7 tr\u1ee3 m\u1ea1nh S1<\/td><td>56.800 - 57.200<\/td><td>350.000-400.000 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td><td>\u0110\u00e1y th\u00e1ng 3\/2023, Fibonacci 61,8%, MA 200 tu\u1ea7n<\/td><\/tr><tr><td>H\u1ed7 tr\u1ee3 trung b\u00ecnh S2<\/td><td>62.500 - 63.800<\/td><td>250.000-300.000 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td><td>MA 50 tu\u1ea7n, \u0111\u00e1y th\u00e1ng 11\/2023, v\u00f9ng t\u00edch l\u0169y Q1\/2024<\/td><\/tr><tr><td>Kh\u00e1ng c\u1ef1 y\u1ebfu R1<\/td><td>72.300 - 73.500<\/td><td>280.000-320.000 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td><td>\u0110\u1ec9nh th\u00e1ng 6\/2023, ng\u01b0\u1ee1ng t\u00e2m l\u00fd 73.000<\/td><\/tr><tr><td>Kh\u00e1ng c\u1ef1 m\u1ea1nh R2<\/td><td>85.500 - 87.200<\/td><td>450.000-500.000 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td><td>\u0110\u1ec9nh th\u00e1ng 4\/2019, Fibonacci 38,2% t\u1eeb \u0111\u1ec9nh l\u1ecbch s\u1eed<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Hi\u1ec7n t\u1ea1i,&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>&nbsp;\u0111ang h\u00ecnh th\u00e0nh m\u00f4 h\u00ecnh t\u00edch l\u0169y h\u00ecnh ch\u1eef nh\u1eadt trong kho\u1ea3ng 65.000-73.000 VND. Ch\u1ec9 b\u00e1o MACD \u0111\u00e3 c\u1eaft l\u00ean tr\u00ean \u0111\u01b0\u1eddng t\u00edn hi\u1ec7u t\u1eeb gi\u1eefa th\u00e1ng 7\/2024, trong khi RSI (14) \u1edf m\u1ee9c 58, cho th\u1ea5y \u0111\u1ed9ng l\u01b0\u1ee3ng c\u1ea3i thi\u1ec7n nh\u01b0ng ch\u01b0a v\u00e0o v\u00f9ng qu\u00e1 mua. Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch trung b\u00ecnh 20 phi\u00ean \u0111\u1ea1t 203.450 c\u1ed5 phi\u1ebfu, t\u0103ng 16% so v\u1edbi trung b\u00ecnh 50 phi\u00ean, l\u00e0 t\u00edn hi\u1ec7u t\u00edch c\u1ef1c cho kh\u1ea3 n\u0103ng b\u1ee9t ph\u00e1.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng&nbsp;<b>Pocket Option<\/b>&nbsp;c\u00f3 th\u1ec3 \u00e1p d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch sau:<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u00edch l\u0169y trong kho\u1ea3ng 65.000-67.000 khi \u0111\u01b0\u1ee3c x\u00e1c nh\u1eadn b\u1edfi m\u00f4 h\u00ecnh n\u1ebfn Bullish Engulfing ho\u1eb7c Morning Star<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u0103ng v\u1ecb th\u1ebf khi gi\u00e1 v\u01b0\u1ee3t qua 73.500 v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng tr\u00ean 350.000 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1eb7t d\u1eebng l\u1ed7 t\u1ea1i 61.800 (d\u01b0\u1edbi MA 50 ng\u00e0y v\u00e0 \u0111\u01b0\u1eddng xu h\u01b0\u1edbng ng\u1eafn h\u1ea1n)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ch\u1ed1t l\u1eddi t\u1eebng ph\u1ea7n t\u1ea1i 78.500 (Fibonacci 23,6%) v\u00e0 85.500 (Fibonacci 38,2%)<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Y\u1ebfu t\u1ed1 v\u0129 m\u00f4 v\u00e0 \u1ea3nh h\u01b0\u1edfng ng\u00e0nh \u0111\u1ebfn tri\u1ec3n v\u1ecdng c\u1ed5 phi\u1ebfu BHN 2024-2025<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110\u1ec3 \u0111\u00e1nh gi\u00e1 to\u00e0n di\u1ec7n tri\u1ec3n v\u1ecdng&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>, c\u1ea7n xem x\u00e9t c\u00e1c y\u1ebfu t\u1ed1 v\u0129 m\u00f4 v\u00e0 \u0111\u1eb7c th\u00f9 ng\u00e0nh \u0111\u1ed3 u\u1ed1ng Vi\u1ec7t Nam:<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Y\u1ebfu t\u1ed1<\/th><th>Tr\u1ea1ng th\u00e1i hi\u1ec7n t\u1ea1i<\/th><th>T\u00e1c \u0111\u1ed9ng<\/th><th>Tri\u1ec3n v\u1ecdng 2024-2025<\/th><\/tr><\/thead><tbody><tr><td>Ch\u00ednh s\u00e1ch ki\u1ec3m so\u00e1t \u0111\u1ed3 u\u1ed1ng c\u00f3 c\u1ed3n<\/td><td>Ngh\u1ecb \u0111\u1ecbnh 100 v\u00e0 \u0111\u1ec1 xu\u1ea5t t\u0103ng thu\u1ebf ti\u00eau th\u1ee5 \u0111\u1eb7c bi\u1ec7t<\/td><td>Ti\u00eau c\u1ef1c (-)<\/td><td>Thu\u1ebf ti\u00eau th\u1ee5 \u0111\u1eb7c bi\u1ec7t c\u00f3 th\u1ec3 t\u0103ng t\u1eeb 65% l\u00ean 75% t\u1eeb 2025, gi\u1ea3m ti\u00eau th\u1ee5 8-12%<\/td><\/tr><tr><td>Xu h\u01b0\u1edbng ti\u00eau d\u00f9ng<\/td><td>Chuy\u1ec3n d\u1ecbch sang bia cao c\u1ea5p v\u00e0 \u0111\u1ed3 u\u1ed1ng kh\u00f4ng c\u1ed3n<\/td><td>Trung t\u00ednh (\u00b1)<\/td><td>Ph\u00e2n kh\u00fac cao c\u1ea5p t\u0103ng tr\u01b0\u1edfng 15%\/n\u0103m, ph\u00e2n kh\u00fac \u0111\u1ea1i ch\u00fang gi\u1ea3m 3-5%\/n\u0103m<\/td><\/tr><tr><td>Qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc<\/td><td>B\u1ed9 C\u00f4ng Th\u01b0\u01a1ng d\u1ef1 ki\u1ebfn gi\u1ea3m s\u1edf h\u1eefu xu\u1ed1ng 36%<\/td><td>T\u00edch c\u1ef1c (++)<\/td><td>C\u00f3 th\u1ec3 ho\u00e0n th\u00e0nh v\u00e0o 2025-2026, t\u1ea1o \u0111\u1ed9ng l\u1ef1c m\u1ea1nh cho c\u1ed5 phi\u1ebfu<\/td><\/tr><tr><td>H\u1ee3p t\u00e1c v\u1edbi Carlsberg<\/td><td>Carlsberg n\u1eafm gi\u1eef 17,34%, mu\u1ed1n t\u0103ng l\u00ean \u00edt nh\u1ea5t 51%<\/td><td>T\u00edch c\u1ef1c (++)<\/td><td>\u0110\u00e0m ph\u00e1n c\u00f3 th\u1ec3 kh\u1edfi \u0111\u1ed9ng l\u1ea1i sau khi tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc<\/td><\/tr><tr><td>Chi ph\u00ed nguy\u00ean li\u1ec7u<\/td><td>Gi\u00e1 l\u00faa m\u1ea1ch gi\u1ea3m 12%, nh\u00f4m gi\u1ea3m 8% so v\u1edbi 2022<\/td><td>T\u00edch c\u1ef1c (+)<\/td><td>D\u1ef1 b\u00e1o \u1ed5n \u0111\u1ecbnh cho 2024-2025, gi\u00fap c\u1ea3i thi\u1ec7n bi\u00ean l\u1ee3i nhu\u1eadn 1-1,5%<\/td><\/tr><tr><td>T\u0103ng tr\u01b0\u1edfng kinh t\u1ebf Vi\u1ec7t Nam<\/td><td>GDP qu\u00fd 2\/2024 t\u0103ng 6,42%, d\u1ef1 b\u00e1o c\u1ea3 n\u0103m 6-6,5%<\/td><td>T\u00edch c\u1ef1c (+)<\/td><td>Thu nh\u1eadp kh\u1ea3 d\u1ee5ng t\u0103ng 5-7%, h\u1ed7 tr\u1ee3 nhu c\u1ea7u ti\u00eau th\u1ee5 \u0111\u1ed3 u\u1ed1ng<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Y\u1ebfu t\u1ed1 n\u1ed5i b\u1eadt nh\u1ea5t l\u00e0 k\u1ebf ho\u1ea1ch t\u00e1i c\u1ea5u tr\u00fac 2024-2026 c\u1ee7a Habeco, bao g\u1ed3m:<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1ea7u t\u01b0 860 t\u1ef7 VND v\u00e0o h\u1ec7 th\u1ed1ng s\u1ea3n xu\u1ea5t t\u1ef1 \u0111\u1ed9ng, gi\u1ea3m chi ph\u00ed v\u1eadn h\u00e0nh 15%<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ra m\u1eaft 4 s\u1ea3n ph\u1ea9m m\u1edbi trong ph\u00e2n kh\u00fac cao c\u1ea5p v\u00e0 2 s\u1ea3n ph\u1ea9m bia kh\u00f4ng c\u1ed3n trong 2024-2025<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>M\u1edf r\u1ed9ng th\u1ecb ph\u1ea7n \u1edf mi\u1ec1n Nam th\u00f4ng qua h\u1ee3p t\u00e1c v\u1edbi 3 nh\u00e0 ph\u00e2n ph\u1ed1i l\u1edbn, m\u1ee5c ti\u00eau t\u0103ng th\u1ecb ph\u1ea7n t\u1eeb 3,5% l\u00ean 6% v\u00e0o 2025<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u00e1i c\u1ea5u tr\u00fac qu\u1ea3n l\u00fd, gi\u1ea3m t\u1eeb 6 c\u1ea5p xu\u1ed1ng 4 c\u1ea5p, c\u1eaft gi\u1ea3m 15% lao \u0111\u1ed9ng gi\u00e1n ti\u1ebfp<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u0103ng ng\u00e2n s\u00e1ch marketing t\u1eeb 5,2% l\u00ean 8,5% doanh thu, t\u1eadp trung v\u00e0o k\u00eanh s\u1ed1<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u00ean&nbsp;<b>Pocket Option<\/b>&nbsp;n\u00ean \u0111\u1eb7c bi\u1ec7t theo d\u00f5i th\u00f4ng tin v\u1ec1 qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc v\u00e0 k\u1ebf ho\u1ea1ch c\u1ee7a Carlsberg, v\u00ec \u0111\u00e2y l\u00e0 hai \u0111\u1ed9ng l\u1ef1c m\u1ea1nh nh\u1ea5t c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn&nbsp;<b>c\u1ed5 phi\u1ebfu Habeco<\/b>&nbsp;trong 12-18 th\u00e1ng t\u1edbi.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>So s\u00e1nh chi ti\u1ebft c\u1ed5 phi\u1ebfu BHN v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7 ng\u00e0nh 2024<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110\u1ec3 \u0111\u00e1nh gi\u00e1 \u0111\u00fang v\u1ecb th\u1ebf&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>, c\u1ea7n so s\u00e1nh v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7 ch\u00ednh:<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Ch\u1ec9 s\u1ed1 (2023-2024)<\/th><th>BHN (Habeco)<\/th><th>SAB (Sabeco)<\/th><th>VNB (Vietnam Beer)<\/th><th>Trung b\u00ecnh ng\u00e0nh<\/th><\/tr><\/thead><tbody><tr><td>Th\u1ecb ph\u1ea7n (%)<\/td><td>18,2% (-0,8%)<\/td><td>39,5% (-0,3%)<\/td><td>8,6% (+0,2%)<\/td><td>-<\/td><\/tr><tr><td>Doanh thu 2023 (t\u1ef7 VND)<\/td><td>6.123<\/td><td>34.851<\/td><td>2.847<\/td><td>-<\/td><\/tr><tr><td>T\u0103ng tr\u01b0\u1edfng doanh thu (%)<\/td><td>4,8%<\/td><td>5,6%<\/td><td>7,2%<\/td><td>5,9%<\/td><\/tr><tr><td>Bi\u00ean l\u1ee3i nhu\u1eadn g\u1ed9p (%)<\/td><td>26,3%<\/td><td>32,5%<\/td><td>28,4%<\/td><td>30,1%<\/td><\/tr><tr><td>ROE (%)<\/td><td>4,8%<\/td><td>15,2%<\/td><td>12,3%<\/td><td>11,3%<\/td><\/tr><tr><td>P\/E (TTM)<\/td><td>38,7<\/td><td>25,3<\/td><td>18,6<\/td><td>22,8<\/td><\/tr><tr><td>P\/B<\/td><td>1,85<\/td><td>3,84<\/td><td>2,29<\/td><td>2,58<\/td><\/tr><tr><td>EV\/EBITDA<\/td><td>18,6<\/td><td>13,4<\/td><td>9,8<\/td><td>12,4<\/td><\/tr><tr><td>L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c (%)<\/td><td>2,1%<\/td><td>4,2%<\/td><td>3,8%<\/td><td>3,4%<\/td><\/tr><tr><td>N\u1ee3\/V\u1ed1n ch\u1ee7 s\u1edf h\u1eefu<\/td><td>0,21<\/td><td>0,18<\/td><td>0,35<\/td><td>0,25<\/td><\/tr><tr><td>Ti\u1ec1n m\u1eb7t\/T\u1ed5ng t\u00e0i s\u1ea3n (%)<\/td><td>32,6%<\/td><td>42,1%<\/td><td>18,5%<\/td><td>28,4%<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>So s\u00e1nh cho th\u1ea5y Habeco \u0111ang t\u1ee5t h\u1eadu \u0111\u00e1ng k\u1ec3 v\u1ec1 hi\u1ec7u qu\u1ea3 kinh doanh, \u0111\u1eb7c bi\u1ec7t v\u1edbi ROE ch\u1ec9 b\u1eb1ng 1\/3 c\u1ee7a Sabeco. M\u1eb7c d\u00f9&nbsp;<b>c\u1ed5 phi\u1ebfu Habeco<\/b>&nbsp;c\u00f3 P\/B th\u1ea5p h\u01a1n, nh\u01b0ng P\/E v\u00e0 EV\/EBITDA cao h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi trung b\u00ecnh ng\u00e0nh, \u0111\u1eb7t ra c\u00e2u h\u1ecfi v\u1ec1 t\u00ednh h\u1ee3p l\u00fd c\u1ee7a \u0111\u1ecbnh gi\u00e1 hi\u1ec7n t\u1ea1i. L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c th\u1ea5p c\u0169ng gi\u1ea3m s\u1ee9c h\u1ea5p d\u1eabn c\u1ee7a c\u1ed5 phi\u1ebfu \u0111\u1ed1i v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>D\u1eef li\u1ec7u tr\u00ean&nbsp;<b>Pocket Option<\/b>&nbsp;cho th\u1ea5y c\u00e1c nh\u00e0 ph\u00e2n t\u00edch chuy\u00ean nghi\u1ec7p \u0111ang \u0111\u00e1nh gi\u00e1&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>&nbsp;\u1edf m\u1ee9c trung l\u1eadp \u0111\u1ebfn th\u1eadn tr\u1ecdng, v\u1edbi 3\/5 khuy\u1ebfn ngh\u1ecb \"gi\u1eef\", 1\/5 \"mua\" v\u00e0 1\/5 \"b\u00e1n\", ph\u1ea3n \u00e1nh s\u1ef1 ho\u00e0i nghi v\u1ec1 kh\u1ea3 n\u0103ng Habeco nhanh ch\u00f3ng c\u1ea3i thi\u1ec7n v\u1ecb th\u1ebf c\u1ea1nh tranh.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 chi ti\u1ebft cho c\u1ed5 phi\u1ebfu BHN theo giai \u0111o\u1ea1n 2024-2025<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>D\u1ef1a tr\u00ean ph\u00e2n t\u00edch to\u00e0n di\u1ec7n, \u0111\u00e2y l\u00e0 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 ph\u00f9 h\u1ee3p cho t\u1eebng nh\u00f3m nh\u00e0 \u0111\u1ea7u t\u01b0:<\/p><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>Chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch ng\u1eafn h\u1ea1n (1-3 th\u00e1ng)<\/h3><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Theo d\u00f5i b\u1ee9t ph\u00e1 khi gi\u00e1 v\u01b0\u1ee3t 73.500 v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng &gt;350.000 c\u1ed5 phi\u1ebfu, \u0111\u00e2y l\u00e0 t\u00edn hi\u1ec7u mua m\u1ea1nh<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u00c1p d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c swing trading v\u1edbi t\u1ef7 l\u1ec7 r\u1ee7i ro:l\u1ee3i nhu\u1eadn 1:2,5 (d\u1eebng l\u1ed7 5%, m\u1ee5c ti\u00eau l\u1ee3i nhu\u1eadn 12-13%)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>V\u00e0o l\u1ec7nh khi MACD(12,26,9) c\u1eaft l\u00ean tr\u00ean \u0111\u01b0\u1eddng t\u00edn hi\u1ec7u v\u00e0 RSI(14) v\u01b0\u1ee3t 60<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>S\u1eed d\u1ee5ng ch\u1ec9 b\u00e1o Bollinger Bands tr\u00ean&nbsp;Pocket Option&nbsp;\u0111\u1ec3 x\u00e1c \u0111\u1ecbnh \u0111i\u1ec3m n\u00e9n tr\u01b0\u1edbc khi b\u1ee9t ph\u00e1<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ch\u00fa \u00fd giao d\u1ecbch n\u01b0\u1edbc ngo\u00e0i - khi nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i mua r\u00f2ng &gt;20 t\u1ef7 VND\/tu\u1ea7n th\u01b0\u1eddng l\u00e0 t\u00edn hi\u1ec7u t\u1ed1t<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 trung h\u1ea1n (6-12 th\u00e1ng)<\/h3><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Theo d\u00f5i b\u00e1o c\u00e1o qu\u00fd v\u1ec1 ti\u1ebfn \u0111\u1ed9 t\u00e1i c\u1ea5u tr\u00fac doanh nghi\u1ec7p v\u00e0 k\u1ebft qu\u1ea3 kinh doanh<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u00edch l\u0169y t\u1eebng ph\u1ea7n khi gi\u00e1 ti\u1ebfp c\u1eadn v\u00f9ng h\u1ed7 tr\u1ee3 62.500-63.800 v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng nh\u1ecf<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u0103ng v\u1ecb th\u1ebf m\u1ed7i khi c\u00f3 tin t\u1ee9c t\u00edch c\u1ef1c v\u1ec1 qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1eb7t c\u1ea3nh b\u00e1o tr\u00ean&nbsp;Pocket Option&nbsp;cho c\u00e1c th\u00f4ng b\u00e1o c\u1ee7a Carlsberg v\u1ec1 k\u1ebf ho\u1ea1ch t\u1ea1i Vi\u1ec7t Nam<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>M\u1ee5c ti\u00eau gi\u00e1 78.000-82.000 trong 12 th\u00e1ng n\u1ebfu c\u01a1 b\u1ea3n c\u1ea3i thi\u1ec7n nh\u01b0 k\u1ef3 v\u1ecdng<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n (2-3 n\u0103m)<\/h3><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ch\u1ec9 xem x\u00e9t n\u1ebfu c\u00f3 th\u00f4ng tin ch\u1eafc ch\u1eafn v\u1ec1 vi\u1ec7c Carlsberg t\u0103ng s\u1edf h\u1eefu<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u00c1p d\u1ee5ng ph\u01b0\u01a1ng ph\u00e1p DCF v\u1edbi gi\u1ea3 \u0111\u1ecbnh t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn r\u00f2ng 10-12%\/n\u0103m sau t\u00e1i c\u1ea5u tr\u00fac<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ph\u00e2n b\u1ed5 t\u1ed1i \u0111a 3-5% danh m\u1ee5c cho BHN \u0111\u1ec3 ki\u1ec3m so\u00e1t r\u1ee7i ro<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>K\u1ebft h\u1ee3p v\u1edbi c\u1ed5 phi\u1ebfu ti\u00eau d\u00f9ng t\u0103ng tr\u01b0\u1edfng cao h\u01a1n nh\u01b0 MWG, PNJ \u0111\u1ec3 c\u00e2n b\u1eb1ng danh m\u1ee5c<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Th\u01b0\u1eddng xuy\u00ean theo d\u00f5i ch\u1ec9 s\u1ed1 ROE, ROIC - ch\u1ec9 ti\u1ebfp t\u1ee5c n\u1eafm gi\u1eef n\u1ebfu ROE v\u01b0\u1ee3t 8% v\u00e0o n\u0103m 2025<\/li><\/ul><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>K\u1ecbch b\u1ea3n 2024-2025<\/th><th>X\u00e1c su\u1ea5t<\/th><th>M\u1ee5c ti\u00eau gi\u00e1<\/th><th>Chi\u1ebfn l\u01b0\u1ee3c \u1ee9ng ph\u00f3<\/th><\/tr><\/thead><tbody><tr><td>T\u00edch c\u1ef1c: Carlsberg t\u0103ng s\u1edf h\u1eefu l\u00ean 30-35%, nh\u00e0 n\u01b0\u1edbc tho\u00e1i v\u1ed1n d\u01b0\u1edbi 50%<\/td><td>25%<\/td><td>95.000-110.000<\/td><td>T\u0103ng m\u1ea1nh v\u1ecb th\u1ebf khi th\u00f4ng tin \u0111\u01b0\u1ee3c x\u00e1c nh\u1eadn, \u0111\u1eb7t l\u1ec7nh mua d\u1eebng t\u1ea1i 75.000<\/td><\/tr><tr><td>C\u01a1 b\u1ea3n: Qu\u00e1 tr\u00ecnh t\u00e1i c\u1ea5u tr\u00fac di\u1ec5n ra theo k\u1ebf ho\u1ea1ch, tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc d\u1ea7n d\u1ea7n<\/td><td>55%<\/td><td>78.000-85.000<\/td><td>DCA (dollar-cost averaging) khi \u0111i\u1ec1u ch\u1ec9nh d\u01b0\u1edbi MA 50 ng\u00e0y<\/td><\/tr><tr><td>Ti\u00eau c\u1ef1c: T\u00e1i c\u1ea5u tr\u00fac ch\u1eadm, ti\u1ebfp t\u1ee5c m\u1ea5t th\u1ecb ph\u1ea7n, kh\u00f4ng c\u00f3 ti\u1ebfn tri\u1ec3n tho\u00e1i v\u1ed1n<\/td><td>20%<\/td><td>52.000-58.000<\/td><td>C\u1eaft l\u1ed7 khi gi\u00e1 ph\u00e1 v\u1ee1 h\u1ed7 tr\u1ee3 t\u1ea1i 61.800 v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng l\u1edbn<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u00f4ng c\u1ee5 ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt v\u00e0 theo d\u00f5i tin t\u1ee9c th\u1ecb tr\u01b0\u1eddng tr\u00ean&nbsp;<b>Pocket Option<\/b>&nbsp;s\u1ebd gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam \u0111i\u1ec1u ch\u1ec9nh k\u1ecbp th\u1eddi chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 cho&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>&nbsp;theo di\u1ec5n bi\u1ebfn th\u1ef1c t\u1ebf c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0 c\u00f4ng ty.<\/p><\/div>[cta_button text=\"\"]<div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>K\u1ebft lu\u1eadn: \u0110\u00e1nh gi\u00e1 to\u00e0n di\u1ec7n v\u00e0 tri\u1ec3n v\u1ecdng cho c\u1ed5 phi\u1ebfu BHN 2024-2025<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'><b>C\u1ed5 phi\u1ebfu BHN<\/b>&nbsp;\u0111ang trong giai \u0111o\u1ea1n chuy\u1ec3n \u0111\u1ed5i quan tr\u1ecdng v\u1edbi k\u1ebf ho\u1ea1ch t\u00e1i c\u1ea5u tr\u00fac 2024-2026. \u0110\u1ecbnh gi\u00e1 hi\u1ec7n t\u1ea1i (P\/E 38,7) ph\u1ea3n \u00e1nh k\u1ef3 v\u1ecdng cao v\u1ec1 c\u1ea3i thi\u1ec7n hi\u1ec7u qu\u1ea3 kinh doanh v\u00e0 qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc, trong khi c\u00e1c ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh c\u01a1 b\u1ea3n (ROE 4,8%, t\u0103ng tr\u01b0\u1edfng doanh thu 4,8%) ch\u01b0a th\u1ef1c s\u1ef1 thuy\u1ebft ph\u1ee5c.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'><b>C\u1ed5 phi\u1ebfu Habeco<\/b>&nbsp;c\u00f3 th\u1ec3 kh\u00f4ng ph\u1ea3i l\u00e0 l\u1ef1a ch\u1ecdn h\u00e0ng \u0111\u1ea7u cho m\u1ee5c ti\u00eau t\u0103ng tr\u01b0\u1edfng ng\u1eafn h\u1ea1n m\u1ea1nh m\u1ebd, nh\u01b0ng c\u00f3 ti\u1ec1m n\u0103ng t\u0103ng gi\u00e1 \u0111\u00e1ng k\u1ec3 (30-50%) n\u1ebfu xu\u1ea5t hi\u1ec7n c\u00e1c \u0111\u1ed9ng l\u1ef1c t\u1eeb th\u01b0\u01a1ng v\u1ee5 Carlsberg ho\u1eb7c tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc. Nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean th\u1eadn tr\u1ecdng v\u1edbi \u0111\u1ecbnh gi\u00e1 cao hi\u1ec7n t\u1ea1i v\u00e0 n\u00ean xem x\u00e9t c\u1ed5 phi\u1ebfu n\u00e0y nh\u01b0 m\u1ed9t ph\u1ea7n nh\u1ecf (3-5%) trong danh m\u1ee5c \u0111a d\u1ea1ng.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110i\u1ec3m c\u1ea7n l\u01b0u \u00fd:<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1ecbnh gi\u00e1 P\/E 38,7 kh\u00e1 cao so v\u1edbi trung b\u00ecnh ng\u00e0nh 22,8 v\u00e0 c\u00f3 nguy c\u01a1 \u0111i\u1ec1u ch\u1ec9nh<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc v\u00e0 k\u1ebf ho\u1ea1ch c\u1ee7a Carlsberg l\u00e0 hai \u0111\u1ed9ng l\u1ef1c ch\u00ednh c\u1ea7n theo d\u00f5i s\u00e1t sao<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>K\u1ebf ho\u1ea1ch t\u00e1i c\u1ea5u tr\u00fac 2024-2026 s\u1ebd quy\u1ebft \u0111\u1ecbnh kh\u1ea3 n\u0103ng c\u1ea1nh tranh d\u00e0i h\u1ea1n c\u1ee7a Habeco<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u00c1p l\u1ef1c c\u1ea1nh tranh t\u1eeb Heineken v\u00e0 Sabeco v\u1eabn \u0111\u00e1ng k\u1ec3, \u0111\u1eb7c bi\u1ec7t trong ph\u00e2n kh\u00fac cao c\u1ea5p<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>S\u1eed d\u1ee5ng c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch r\u1ee7i ro v\u00e0 c\u1ea3nh b\u00e1o gi\u00e1 tr\u00ean&nbsp;Pocket Option&nbsp;\u0111\u1ec3 qu\u1ea3n l\u00fd hi\u1ec7u qu\u1ea3 \u0111\u1ea7u t\u01b0 v\u00e0o&nbsp;c\u1ed5 phi\u1ebfu Habeco<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>V\u1edbi chi\u1ebfn l\u01b0\u1ee3c ph\u00f9 h\u1ee3p v\u00e0 c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch to\u00e0n di\u1ec7n t\u1eeb&nbsp;<b>Pocket Option<\/b>, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 t\u1ef1 tin h\u01a1n trong vi\u1ec7c \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh v\u1ec1&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>, d\u00f9 l\u00e0 giao d\u1ecbch ng\u1eafn h\u1ea1n \u0111\u1ec3 n\u1eafm b\u1eaft bi\u1ebfn \u0111\u1ed9ng gi\u00e1 hay \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n k\u1ef3 v\u1ecdng v\u00e0o ti\u1ec1m n\u0103ng t\u00e1i c\u1ea5u tr\u00fac c\u1ee7a Habeco trong giai \u0111o\u1ea1n 2024-2025.<\/p><\/div>","body_html_source":{"label":"Body HTML","type":"wysiwyg","formatted_value":"<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>T\u1ed5ng quan v\u1ec1 c\u1ed5 phi\u1ebfu BHN v\u00e0 v\u1ecb th\u1ebf c\u1ee7a Habeco tr\u00ean th\u1ecb tr\u01b0\u1eddng bia Vi\u1ec7t Nam<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>C\u1ed5 phi\u1ebfu BHN \u0111\u1ea1i di\u1ec7n cho T\u1ed5ng C\u00f4ng ty C\u1ed5 ph\u1ea7n Bia &#8211; R\u01b0\u1ee3u &#8211; N\u01b0\u1edbc gi\u1ea3i kh\u00e1t H\u00e0 N\u1ed9i (Habeco), nh\u00e0 s\u1ea3n xu\u1ea5t bia l\u1edbn th\u1ee9 hai c\u1ee7a Vi\u1ec7t Nam v\u1edbi 18,2% th\u1ecb ph\u1ea7n v\u00e0o n\u0103m 2023. \u0110\u01b0\u1ee3c th\u00e0nh l\u1eadp v\u00e0o n\u0103m 1890, Habeco hi\u1ec7n s\u1edf h\u1eefu 6 nh\u00e0 m\u00e1y s\u1ea3n xu\u1ea5t v\u1edbi c\u00f4ng su\u1ea5t 870 tri\u1ec7u l\u00edt\/n\u0103m, c\u00f9ng danh m\u1ee5c s\u1ea3n ph\u1ea9m \u0111a d\u1ea1ng bao g\u1ed3m Bia H\u00e0 N\u1ed9i, Bia Tr\u00fac B\u1ea1ch v\u00e0 h\u01a1n 12 th\u01b0\u01a1ng hi\u1ec7u bia kh\u00e1c \u0111\u00e3 tr\u1edf th\u00e0nh bi\u1ec3u t\u01b0\u1ee3ng ti\u00eau d\u00f9ng v\u0103n h\u00f3a \u1edf mi\u1ec1n B\u1eafc Vi\u1ec7t Nam.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>C\u1ed5 phi\u1ebfu BHN \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft tr\u00ean HOSE v\u00e0o ng\u00e0y 28 th\u00e1ng 1 n\u0103m 2016, v\u1edbi gi\u00e1 tham chi\u1ebfu 70.000 VND\/c\u1ed5 phi\u1ebfu v\u00e0 v\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng ban \u0111\u1ea7u l\u00e0 16.000 t\u1ef7 VND. \u0110\u00e2y l\u00e0 m\u1ed9t c\u1ed9t m\u1ed1c quan tr\u1ecdng trong qu\u00e1 tr\u00ecnh c\u1ed5 ph\u1ea7n h\u00f3a khi B\u1ed9 C\u00f4ng Th\u01b0\u01a1ng gi\u1ea3m t\u1ef7 l\u1ec7 s\u1edf h\u1eefu t\u1eeb 81,79% xu\u1ed1ng 81,0%. Hi\u1ec7n t\u1ea1i, Carlsberg l\u00e0 c\u1ed5 \u0111\u00f4ng chi\u1ebfn l\u01b0\u1ee3c n\u1eafm gi\u1eef 17,34% c\u1ed5 ph\u1ea7n, theo b\u00e1o c\u00e1o qu\u1ea3n tr\u1ecb qu\u00fd 2\/2024.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Bi\u1ebfn \u0111\u1ed9ng l\u1ecbch s\u1eed c\u1ee7a c\u1ed5 phi\u1ebfu Habeco (BHN) trong giai \u0111o\u1ea1n 2016-2024<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>L\u1ecbch s\u1eed 8 n\u0103m c\u1ee7a&nbsp;<b>c\u1ed5 phi\u1ebfu Habeco<\/b>&nbsp;cho th\u1ea5y c\u00e1c chu k\u1ef3 bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh. Sau khi ni\u00eam y\u1ebft, BHN t\u0103ng 198% trong 9 th\u00e1ng, \u0111\u1ea1t \u0111\u1ec9nh 208.500 VND (11\/2016) do k\u1ef3 v\u1ecdng Carlsberg s\u1ebd t\u0103ng t\u1ef7 l\u1ec7 s\u1edf h\u1eefu sau c\u1ed5 ph\u1ea7n h\u00f3a. Tuy nhi\u00ean, gi\u00e1 li\u00ean t\u1ee5c gi\u1ea3m sau \u0111\u00f3 khi th\u01b0\u01a1ng v\u1ee5 n\u00e0y kh\u00f4ng ti\u1ebfn tri\u1ec3n nh\u01b0 mong \u0111\u1ee3i.<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Giai \u0111o\u1ea1n<\/th>\n<th>Bi\u1ebfn \u0111\u1ed9ng gi\u00e1<\/th>\n<th>Kh\u1ed1i l\u01b0\u1ee3ng trung b\u00ecnh<\/th>\n<th>Y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng ch\u00ednh<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>01\/2016-11\/2016<\/td>\n<td>T\u0103ng t\u1eeb 70.000 l\u00ean 208.500 (+198%)<\/td>\n<td>245.320 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td>\n<td>Ni\u00eam y\u1ebft, k\u1ef3 v\u1ecdng Carlsberg t\u0103ng s\u1edf h\u1eefu l\u00ean 30%<\/td>\n<\/tr>\n<tr>\n<td>12\/2016-12\/2019<\/td>\n<td>Gi\u1ea3m t\u1eeb 200.000 xu\u1ed1ng 85.700 (-57,2%)<\/td>\n<td>138.450 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td>\n<td>\u0110\u00e0m ph\u00e1n Carlsberg \u0111\u00ecnh tr\u1ec7, th\u1ecb ph\u1ea7n gi\u1ea3m t\u1eeb 23% xu\u1ed1ng 20,5%<\/td>\n<\/tr>\n<tr>\n<td>01\/2020-06\/2021<\/td>\n<td>Gi\u1ea3m t\u1eeb 85.000 xu\u1ed1ng 48.200 (-43,3%)<\/td>\n<td>92.780 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td>\n<td>COVID-19, Ngh\u1ecb \u0111\u1ecbnh 100 gi\u1ea3m ti\u00eau th\u1ee5 bia 22,6%<\/td>\n<\/tr>\n<tr>\n<td>07\/2021-12\/2023<\/td>\n<td>Ph\u1ee5c h\u1ed3i t\u1eeb 48.000 l\u00ean 69.500 (+44,8%)<\/td>\n<td>176.320 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td>\n<td>Ph\u1ee5c h\u1ed3i sau \u0111\u1ea1i d\u1ecbch, l\u1ee3i nhu\u1eadn r\u00f2ng t\u0103ng 15,8% n\u0103m 2023<\/td>\n<\/tr>\n<tr>\n<td>01\/2024-hi\u1ec7n t\u1ea1i<\/td>\n<td>Dao \u0111\u1ed9ng gi\u1eefa 68.000-75.000<\/td>\n<td>203.450 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td>\n<td>K\u1ebf ho\u1ea1ch t\u00e1i c\u1ea5u tr\u00fac 2024-2026, k\u1ef3 v\u1ecdng tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110\u00e1ng ch\u00fa \u00fd,&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>&nbsp;th\u01b0\u1eddng ph\u1ea3n \u1ee9ng m\u1ea1nh v\u1edbi th\u00f4ng tin v\u1ec1 qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc v\u00e0 \u0111\u00e0m ph\u00e1n v\u1edbi Carlsberg. Nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng&nbsp;<b>Pocket Option<\/b>&nbsp;c\u00f3 th\u1ec3 \u0111\u1eb7t c\u1ea3nh b\u00e1o bi\u1ebfn \u0111\u1ed9ng gi\u00e1 \u0111\u1ec3 n\u1eafm b\u1eaft c\u01a1 h\u1ed9i giao d\u1ecbch khi c\u00f3 tin t\u1ee9c quan tr\u1ecdng li\u00ean quan \u0111\u1ebfn c\u00e1c v\u1ea5n \u0111\u1ec1 n\u00e0y, \u0111\u1eb7c bi\u1ec7t khi kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch v\u01b0\u1ee3t 300.000 c\u1ed5 phi\u1ebfu\/phi\u00ean.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Ph\u00e2n t\u00edch c\u01a1 b\u1ea3n c\u1ed5 phi\u1ebfu BHN: So s\u00e1nh c\u00e1c ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh 2022-2024<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>\u0110i\u1ec3m m\u1ea1nh c\u1ea1nh tranh c\u1ee7a Habeco<\/h3>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Ph\u00e2n t\u00edch&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>&nbsp;n\u00ean b\u1eaft \u0111\u1ea7u t\u1eeb nh\u1eefng l\u1ee3i th\u1ebf c\u1ea1nh tranh c\u1ed1t l\u00f5i c\u1ee7a Habeco:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Th\u01b0\u01a1ng hi\u1ec7u 134 n\u0103m tu\u1ed5i v\u1edbi \u0111\u1ed9 nh\u1eadn di\u1ec7n cao (94% ng\u01b0\u1eddi ti\u00eau d\u00f9ng mi\u1ec1n B\u1eafc bi\u1ebft \u0111\u1ebfn Bia H\u00e0 N\u1ed9i)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>M\u1ea1ng l\u01b0\u1edbi ph\u00e2n ph\u1ed1i \u0111\u1eb7c bi\u1ec7t m\u1ea1nh t\u1ea1i 25 t\u1ec9nh mi\u1ec1n B\u1eafc v\u1edbi 150.000 \u0111i\u1ec3m b\u00e1n v\u00e0 24 chi nh\u00e1nh\/c\u00f4ng ty con<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>C\u00f4ng su\u1ea5t s\u1ea3n xu\u1ea5t 870 tri\u1ec7u l\u00edt\/n\u0103m v\u1edbi 6 nh\u00e0 m\u00e1y hi\u1ec7n \u0111\u1ea1i t\u1ea1i H\u00e0 N\u1ed9i, H\u1ea3i Ph\u00f2ng, H\u1ea3i D\u01b0\u01a1ng, Qu\u1ea3ng Ninh<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Danh m\u1ee5c s\u1ea3n ph\u1ea9m \u0111a d\u1ea1ng v\u1edbi 15 s\u1ea3n ph\u1ea9m t\u1eeb ph\u00e2n kh\u00fac \u0111\u1ea1i ch\u00fang (Bia H\u00e0 N\u1ed9i) \u0111\u1ebfn cao c\u1ea5p (Tr\u00fac B\u1ea1ch Premium)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u00ecnh h\u00ecnh t\u00e0i ch\u00ednh l\u00e0nh m\u1ea1nh v\u1edbi t\u1ef7 l\u1ec7 n\u1ee3\/v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu th\u1ea5p (0,21) v\u00e0 d\u1ef1 tr\u1eef ti\u1ec1n m\u1eb7t d\u1ed3i d\u00e0o (2.834 t\u1ef7 VND)<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>Th\u00e1ch th\u1ee9c v\u00e0 \u0111i\u1ec3m y\u1ebfu<\/h3>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>B\u00ean c\u1ea1nh nh\u1eefng l\u1ee3i th\u1ebf, Habeco \u0111\u1ed1i m\u1eb7t v\u1edbi m\u1ed9t s\u1ed1 th\u00e1ch th\u1ee9c nghi\u00eam tr\u1ecdng:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Th\u1ecb ph\u1ea7n li\u00ean t\u1ee5c gi\u1ea3m t\u1eeb 23% (2016) xu\u1ed1ng 18,2% (2023), m\u1ea5t v\u1ecb tr\u00ed th\u1ee9 hai v\u00e0o tay Heineken (24,5%)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>C\u01a1 c\u1ea5u qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p c\u1ed3ng k\u1ec1nh v\u1edbi 6 c\u1ea5p qu\u1ea3n l\u00fd v\u00e0 qu\u00e1 tr\u00ecnh ra quy\u1ebft \u0111\u1ecbnh ch\u1eadm ch\u1ea1p<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Chi ph\u00ed marketing ch\u1ec9 b\u1eb1ng 40% so v\u1edbi \u0111\u1ed1i th\u1ee7 (5,2% doanh thu so v\u1edbi 13% c\u1ee7a Heineken), \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn kh\u1ea3 n\u0103ng c\u1ea1nh tranh<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ph\u1ee5 thu\u1ed9c qu\u00e1 m\u1ee9c v\u00e0o th\u1ecb tr\u01b0\u1eddng mi\u1ec1n B\u1eafc (82% doanh thu), trong khi th\u1ecb ph\u1ea7n \u1edf mi\u1ec1n Nam ch\u1ec9 3,5%<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>N\u0103ng su\u1ea5t lao \u0111\u1ed9ng th\u1ea5p (2,35 t\u1ef7 VND\/nh\u00e2n vi\u00ean) so v\u1edbi Sabeco (4,12 t\u1ef7 VND\/nh\u00e2n vi\u00ean) v\u00e0 Heineken (5,86 t\u1ef7 VND\/nh\u00e2n vi\u00ean)<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh<\/th>\n<th>2022<\/th>\n<th>2023<\/th>\n<th>Q2\/2024<\/th>\n<th>\u0110\u00e1nh gi\u00e1<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Doanh thu (t\u1ef7 VND)<\/td>\n<td>5.845<\/td>\n<td>6.123 (+4,8%)<\/td>\n<td>3.251 (+5,7% YoY)<\/td>\n<td>T\u0103ng tr\u01b0\u1edfng d\u01b0\u1edbi m\u1ee9c trung b\u00ecnh ng\u00e0nh (8,2%)<\/td>\n<\/tr>\n<tr>\n<td>L\u1ee3i nhu\u1eadn r\u00f2ng (t\u1ef7 VND)<\/td>\n<td>356<\/td>\n<td>412 (+15,8%)<\/td>\n<td>227 (+10,2% YoY)<\/td>\n<td>C\u1ea3i thi\u1ec7n nh\u1edd chi ph\u00ed nguy\u00ean li\u1ec7u gi\u1ea3m (-8,4%)<\/td>\n<\/tr>\n<tr>\n<td>Bi\u00ean l\u1ee3i nhu\u1eadn g\u1ed9p (%)<\/td>\n<td>24,8%<\/td>\n<td>26,3% (+1,5%)<\/td>\n<td>27,1% (+0,8%)<\/td>\n<td>Xu h\u01b0\u1edbng t\u00edch c\u1ef1c nh\u01b0ng v\u1eabn th\u1ea5p h\u01a1n Sabeco (32,5%)<\/td>\n<\/tr>\n<tr>\n<td>ROE (%)<\/td>\n<td>4,2%<\/td>\n<td>4,8% (+0,6%)<\/td>\n<td>5,1% (\u01b0\u1edbc t\u00ednh c\u1ea3 n\u0103m)<\/td>\n<td>C\u1ea3i thi\u1ec7n nh\u01b0ng v\u1eabn th\u1ea5p so v\u1edbi trung b\u00ecnh ng\u00e0nh (11,3%)<\/td>\n<\/tr>\n<tr>\n<td>EPS (VND)<\/td>\n<td>1.541<\/td>\n<td>1.782 (+15,6%)<\/td>\n<td>982 (6 th\u00e1ng \u0111\u1ea7u n\u0103m)<\/td>\n<td>T\u0103ng tr\u01b0\u1edfng t\u00edch c\u1ef1c, \u01b0\u1edbc \u0111\u1ea1t 2.050 cho c\u1ea3 n\u0103m 2024<\/td>\n<\/tr>\n<tr>\n<td>P\/E<\/td>\n<td>45,1<\/td>\n<td>38,7<\/td>\n<td>35,6 (d\u1ef1 b\u00e1o c\u1ea3 n\u0103m)<\/td>\n<td>\u0110\u1ecbnh gi\u00e1 cao h\u01a1n SAB (25,3) v\u00e0 trung b\u00ecnh ng\u00e0nh (22,8)<\/td>\n<\/tr>\n<tr>\n<td>C\u1ed5 t\u1ee9c ti\u1ec1n m\u1eb7t (VND)<\/td>\n<td>1.000<\/td>\n<td>1.200<\/td>\n<td>1.500 (d\u1ef1 ki\u1ebfn)<\/td>\n<td>L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c 2,1%, th\u1ea5p h\u01a1n trung b\u00ecnh ng\u00e0nh (3,4%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng n\u1ec1n t\u1ea3ng&nbsp;<b>Pocket Option<\/b>&nbsp;n\u00ean \u0111\u1eb7c bi\u1ec7t ch\u00fa \u00fd \u0111\u1ebfn c\u00e1c ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh n\u00e0y khi x\u00e2y d\u1ef1ng chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 cho&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>. M\u1eb7c d\u00f9 xu h\u01b0\u1edbng c\u1ea3i thi\u1ec7n, t\u1ef7 l\u1ec7 l\u1ee3i nhu\u1eadn c\u1ee7a Habeco v\u1eabn th\u1ea5p h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi trung b\u00ecnh ng\u00e0nh, trong khi \u0111\u1ecbnh gi\u00e1 P\/E cao h\u01a1n, t\u1ea1o \u00e1p l\u1ef1c gi\u1ea3m gi\u00e1 ti\u1ec1m n\u0103ng.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt v\u00e0 m\u00f4 h\u00ecnh gi\u00e1 c\u1ed5 phi\u1ebfu Habeco 2023-2024<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt&nbsp;<b>c\u1ed5 phi\u1ebfu Habeco<\/b>&nbsp;tr\u00ean khung th\u1eddi gian tu\u1ea7n v\u00e0 ng\u00e0y cho th\u1ea5y c\u00e1c t\u00edn hi\u1ec7u \u0111\u00e1ng ch\u00fa \u00fd sau:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>C\u00e1c m\u1ee9c h\u1ed7 tr\u1ee3 v\u00e0 kh\u00e1ng c\u1ef1 ch\u00ednh (c\u1eadp nh\u1eadt 8\/2024)<\/h3>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Lo\u1ea1i<\/th>\n<th>M\u1ee9c gi\u00e1 (VND)<\/th>\n<th>Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch<\/th>\n<th>\u00dd ngh\u0129a k\u1ef9 thu\u1eadt<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>H\u1ed7 tr\u1ee3 m\u1ea1nh S1<\/td>\n<td>56.800 &#8211; 57.200<\/td>\n<td>350.000-400.000 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td>\n<td>\u0110\u00e1y th\u00e1ng 3\/2023, Fibonacci 61,8%, MA 200 tu\u1ea7n<\/td>\n<\/tr>\n<tr>\n<td>H\u1ed7 tr\u1ee3 trung b\u00ecnh S2<\/td>\n<td>62.500 &#8211; 63.800<\/td>\n<td>250.000-300.000 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td>\n<td>MA 50 tu\u1ea7n, \u0111\u00e1y th\u00e1ng 11\/2023, v\u00f9ng t\u00edch l\u0169y Q1\/2024<\/td>\n<\/tr>\n<tr>\n<td>Kh\u00e1ng c\u1ef1 y\u1ebfu R1<\/td>\n<td>72.300 &#8211; 73.500<\/td>\n<td>280.000-320.000 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td>\n<td>\u0110\u1ec9nh th\u00e1ng 6\/2023, ng\u01b0\u1ee1ng t\u00e2m l\u00fd 73.000<\/td>\n<\/tr>\n<tr>\n<td>Kh\u00e1ng c\u1ef1 m\u1ea1nh R2<\/td>\n<td>85.500 &#8211; 87.200<\/td>\n<td>450.000-500.000 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/td>\n<td>\u0110\u1ec9nh th\u00e1ng 4\/2019, Fibonacci 38,2% t\u1eeb \u0111\u1ec9nh l\u1ecbch s\u1eed<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Hi\u1ec7n t\u1ea1i,&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>&nbsp;\u0111ang h\u00ecnh th\u00e0nh m\u00f4 h\u00ecnh t\u00edch l\u0169y h\u00ecnh ch\u1eef nh\u1eadt trong kho\u1ea3ng 65.000-73.000 VND. Ch\u1ec9 b\u00e1o MACD \u0111\u00e3 c\u1eaft l\u00ean tr\u00ean \u0111\u01b0\u1eddng t\u00edn hi\u1ec7u t\u1eeb gi\u1eefa th\u00e1ng 7\/2024, trong khi RSI (14) \u1edf m\u1ee9c 58, cho th\u1ea5y \u0111\u1ed9ng l\u01b0\u1ee3ng c\u1ea3i thi\u1ec7n nh\u01b0ng ch\u01b0a v\u00e0o v\u00f9ng qu\u00e1 mua. Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch trung b\u00ecnh 20 phi\u00ean \u0111\u1ea1t 203.450 c\u1ed5 phi\u1ebfu, t\u0103ng 16% so v\u1edbi trung b\u00ecnh 50 phi\u00ean, l\u00e0 t\u00edn hi\u1ec7u t\u00edch c\u1ef1c cho kh\u1ea3 n\u0103ng b\u1ee9t ph\u00e1.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng&nbsp;<b>Pocket Option<\/b>&nbsp;c\u00f3 th\u1ec3 \u00e1p d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch sau:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u00edch l\u0169y trong kho\u1ea3ng 65.000-67.000 khi \u0111\u01b0\u1ee3c x\u00e1c nh\u1eadn b\u1edfi m\u00f4 h\u00ecnh n\u1ebfn Bullish Engulfing ho\u1eb7c Morning Star<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u0103ng v\u1ecb th\u1ebf khi gi\u00e1 v\u01b0\u1ee3t qua 73.500 v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng tr\u00ean 350.000 c\u1ed5 phi\u1ebfu\/phi\u00ean<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1eb7t d\u1eebng l\u1ed7 t\u1ea1i 61.800 (d\u01b0\u1edbi MA 50 ng\u00e0y v\u00e0 \u0111\u01b0\u1eddng xu h\u01b0\u1edbng ng\u1eafn h\u1ea1n)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ch\u1ed1t l\u1eddi t\u1eebng ph\u1ea7n t\u1ea1i 78.500 (Fibonacci 23,6%) v\u00e0 85.500 (Fibonacci 38,2%)<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Y\u1ebfu t\u1ed1 v\u0129 m\u00f4 v\u00e0 \u1ea3nh h\u01b0\u1edfng ng\u00e0nh \u0111\u1ebfn tri\u1ec3n v\u1ecdng c\u1ed5 phi\u1ebfu BHN 2024-2025<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110\u1ec3 \u0111\u00e1nh gi\u00e1 to\u00e0n di\u1ec7n tri\u1ec3n v\u1ecdng&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>, c\u1ea7n xem x\u00e9t c\u00e1c y\u1ebfu t\u1ed1 v\u0129 m\u00f4 v\u00e0 \u0111\u1eb7c th\u00f9 ng\u00e0nh \u0111\u1ed3 u\u1ed1ng Vi\u1ec7t Nam:<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Y\u1ebfu t\u1ed1<\/th>\n<th>Tr\u1ea1ng th\u00e1i hi\u1ec7n t\u1ea1i<\/th>\n<th>T\u00e1c \u0111\u1ed9ng<\/th>\n<th>Tri\u1ec3n v\u1ecdng 2024-2025<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Ch\u00ednh s\u00e1ch ki\u1ec3m so\u00e1t \u0111\u1ed3 u\u1ed1ng c\u00f3 c\u1ed3n<\/td>\n<td>Ngh\u1ecb \u0111\u1ecbnh 100 v\u00e0 \u0111\u1ec1 xu\u1ea5t t\u0103ng thu\u1ebf ti\u00eau th\u1ee5 \u0111\u1eb7c bi\u1ec7t<\/td>\n<td>Ti\u00eau c\u1ef1c (-)<\/td>\n<td>Thu\u1ebf ti\u00eau th\u1ee5 \u0111\u1eb7c bi\u1ec7t c\u00f3 th\u1ec3 t\u0103ng t\u1eeb 65% l\u00ean 75% t\u1eeb 2025, gi\u1ea3m ti\u00eau th\u1ee5 8-12%<\/td>\n<\/tr>\n<tr>\n<td>Xu h\u01b0\u1edbng ti\u00eau d\u00f9ng<\/td>\n<td>Chuy\u1ec3n d\u1ecbch sang bia cao c\u1ea5p v\u00e0 \u0111\u1ed3 u\u1ed1ng kh\u00f4ng c\u1ed3n<\/td>\n<td>Trung t\u00ednh (\u00b1)<\/td>\n<td>Ph\u00e2n kh\u00fac cao c\u1ea5p t\u0103ng tr\u01b0\u1edfng 15%\/n\u0103m, ph\u00e2n kh\u00fac \u0111\u1ea1i ch\u00fang gi\u1ea3m 3-5%\/n\u0103m<\/td>\n<\/tr>\n<tr>\n<td>Qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc<\/td>\n<td>B\u1ed9 C\u00f4ng Th\u01b0\u01a1ng d\u1ef1 ki\u1ebfn gi\u1ea3m s\u1edf h\u1eefu xu\u1ed1ng 36%<\/td>\n<td>T\u00edch c\u1ef1c (++)<\/td>\n<td>C\u00f3 th\u1ec3 ho\u00e0n th\u00e0nh v\u00e0o 2025-2026, t\u1ea1o \u0111\u1ed9ng l\u1ef1c m\u1ea1nh cho c\u1ed5 phi\u1ebfu<\/td>\n<\/tr>\n<tr>\n<td>H\u1ee3p t\u00e1c v\u1edbi Carlsberg<\/td>\n<td>Carlsberg n\u1eafm gi\u1eef 17,34%, mu\u1ed1n t\u0103ng l\u00ean \u00edt nh\u1ea5t 51%<\/td>\n<td>T\u00edch c\u1ef1c (++)<\/td>\n<td>\u0110\u00e0m ph\u00e1n c\u00f3 th\u1ec3 kh\u1edfi \u0111\u1ed9ng l\u1ea1i sau khi tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc<\/td>\n<\/tr>\n<tr>\n<td>Chi ph\u00ed nguy\u00ean li\u1ec7u<\/td>\n<td>Gi\u00e1 l\u00faa m\u1ea1ch gi\u1ea3m 12%, nh\u00f4m gi\u1ea3m 8% so v\u1edbi 2022<\/td>\n<td>T\u00edch c\u1ef1c (+)<\/td>\n<td>D\u1ef1 b\u00e1o \u1ed5n \u0111\u1ecbnh cho 2024-2025, gi\u00fap c\u1ea3i thi\u1ec7n bi\u00ean l\u1ee3i nhu\u1eadn 1-1,5%<\/td>\n<\/tr>\n<tr>\n<td>T\u0103ng tr\u01b0\u1edfng kinh t\u1ebf Vi\u1ec7t Nam<\/td>\n<td>GDP qu\u00fd 2\/2024 t\u0103ng 6,42%, d\u1ef1 b\u00e1o c\u1ea3 n\u0103m 6-6,5%<\/td>\n<td>T\u00edch c\u1ef1c (+)<\/td>\n<td>Thu nh\u1eadp kh\u1ea3 d\u1ee5ng t\u0103ng 5-7%, h\u1ed7 tr\u1ee3 nhu c\u1ea7u ti\u00eau th\u1ee5 \u0111\u1ed3 u\u1ed1ng<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Y\u1ebfu t\u1ed1 n\u1ed5i b\u1eadt nh\u1ea5t l\u00e0 k\u1ebf ho\u1ea1ch t\u00e1i c\u1ea5u tr\u00fac 2024-2026 c\u1ee7a Habeco, bao g\u1ed3m:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1ea7u t\u01b0 860 t\u1ef7 VND v\u00e0o h\u1ec7 th\u1ed1ng s\u1ea3n xu\u1ea5t t\u1ef1 \u0111\u1ed9ng, gi\u1ea3m chi ph\u00ed v\u1eadn h\u00e0nh 15%<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ra m\u1eaft 4 s\u1ea3n ph\u1ea9m m\u1edbi trong ph\u00e2n kh\u00fac cao c\u1ea5p v\u00e0 2 s\u1ea3n ph\u1ea9m bia kh\u00f4ng c\u1ed3n trong 2024-2025<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>M\u1edf r\u1ed9ng th\u1ecb ph\u1ea7n \u1edf mi\u1ec1n Nam th\u00f4ng qua h\u1ee3p t\u00e1c v\u1edbi 3 nh\u00e0 ph\u00e2n ph\u1ed1i l\u1edbn, m\u1ee5c ti\u00eau t\u0103ng th\u1ecb ph\u1ea7n t\u1eeb 3,5% l\u00ean 6% v\u00e0o 2025<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u00e1i c\u1ea5u tr\u00fac qu\u1ea3n l\u00fd, gi\u1ea3m t\u1eeb 6 c\u1ea5p xu\u1ed1ng 4 c\u1ea5p, c\u1eaft gi\u1ea3m 15% lao \u0111\u1ed9ng gi\u00e1n ti\u1ebfp<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u0103ng ng\u00e2n s\u00e1ch marketing t\u1eeb 5,2% l\u00ean 8,5% doanh thu, t\u1eadp trung v\u00e0o k\u00eanh s\u1ed1<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u00ean&nbsp;<b>Pocket Option<\/b>&nbsp;n\u00ean \u0111\u1eb7c bi\u1ec7t theo d\u00f5i th\u00f4ng tin v\u1ec1 qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc v\u00e0 k\u1ebf ho\u1ea1ch c\u1ee7a Carlsberg, v\u00ec \u0111\u00e2y l\u00e0 hai \u0111\u1ed9ng l\u1ef1c m\u1ea1nh nh\u1ea5t c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn&nbsp;<b>c\u1ed5 phi\u1ebfu Habeco<\/b>&nbsp;trong 12-18 th\u00e1ng t\u1edbi.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>So s\u00e1nh chi ti\u1ebft c\u1ed5 phi\u1ebfu BHN v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7 ng\u00e0nh 2024<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110\u1ec3 \u0111\u00e1nh gi\u00e1 \u0111\u00fang v\u1ecb th\u1ebf&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>, c\u1ea7n so s\u00e1nh v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7 ch\u00ednh:<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Ch\u1ec9 s\u1ed1 (2023-2024)<\/th>\n<th>BHN (Habeco)<\/th>\n<th>SAB (Sabeco)<\/th>\n<th>VNB (Vietnam Beer)<\/th>\n<th>Trung b\u00ecnh ng\u00e0nh<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Th\u1ecb ph\u1ea7n (%)<\/td>\n<td>18,2% (-0,8%)<\/td>\n<td>39,5% (-0,3%)<\/td>\n<td>8,6% (+0,2%)<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td>Doanh thu 2023 (t\u1ef7 VND)<\/td>\n<td>6.123<\/td>\n<td>34.851<\/td>\n<td>2.847<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td>T\u0103ng tr\u01b0\u1edfng doanh thu (%)<\/td>\n<td>4,8%<\/td>\n<td>5,6%<\/td>\n<td>7,2%<\/td>\n<td>5,9%<\/td>\n<\/tr>\n<tr>\n<td>Bi\u00ean l\u1ee3i nhu\u1eadn g\u1ed9p (%)<\/td>\n<td>26,3%<\/td>\n<td>32,5%<\/td>\n<td>28,4%<\/td>\n<td>30,1%<\/td>\n<\/tr>\n<tr>\n<td>ROE (%)<\/td>\n<td>4,8%<\/td>\n<td>15,2%<\/td>\n<td>12,3%<\/td>\n<td>11,3%<\/td>\n<\/tr>\n<tr>\n<td>P\/E (TTM)<\/td>\n<td>38,7<\/td>\n<td>25,3<\/td>\n<td>18,6<\/td>\n<td>22,8<\/td>\n<\/tr>\n<tr>\n<td>P\/B<\/td>\n<td>1,85<\/td>\n<td>3,84<\/td>\n<td>2,29<\/td>\n<td>2,58<\/td>\n<\/tr>\n<tr>\n<td>EV\/EBITDA<\/td>\n<td>18,6<\/td>\n<td>13,4<\/td>\n<td>9,8<\/td>\n<td>12,4<\/td>\n<\/tr>\n<tr>\n<td>L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c (%)<\/td>\n<td>2,1%<\/td>\n<td>4,2%<\/td>\n<td>3,8%<\/td>\n<td>3,4%<\/td>\n<\/tr>\n<tr>\n<td>N\u1ee3\/V\u1ed1n ch\u1ee7 s\u1edf h\u1eefu<\/td>\n<td>0,21<\/td>\n<td>0,18<\/td>\n<td>0,35<\/td>\n<td>0,25<\/td>\n<\/tr>\n<tr>\n<td>Ti\u1ec1n m\u1eb7t\/T\u1ed5ng t\u00e0i s\u1ea3n (%)<\/td>\n<td>32,6%<\/td>\n<td>42,1%<\/td>\n<td>18,5%<\/td>\n<td>28,4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>So s\u00e1nh cho th\u1ea5y Habeco \u0111ang t\u1ee5t h\u1eadu \u0111\u00e1ng k\u1ec3 v\u1ec1 hi\u1ec7u qu\u1ea3 kinh doanh, \u0111\u1eb7c bi\u1ec7t v\u1edbi ROE ch\u1ec9 b\u1eb1ng 1\/3 c\u1ee7a Sabeco. M\u1eb7c d\u00f9&nbsp;<b>c\u1ed5 phi\u1ebfu Habeco<\/b>&nbsp;c\u00f3 P\/B th\u1ea5p h\u01a1n, nh\u01b0ng P\/E v\u00e0 EV\/EBITDA cao h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi trung b\u00ecnh ng\u00e0nh, \u0111\u1eb7t ra c\u00e2u h\u1ecfi v\u1ec1 t\u00ednh h\u1ee3p l\u00fd c\u1ee7a \u0111\u1ecbnh gi\u00e1 hi\u1ec7n t\u1ea1i. L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c th\u1ea5p c\u0169ng gi\u1ea3m s\u1ee9c h\u1ea5p d\u1eabn c\u1ee7a c\u1ed5 phi\u1ebfu \u0111\u1ed1i v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>D\u1eef li\u1ec7u tr\u00ean&nbsp;<b>Pocket Option<\/b>&nbsp;cho th\u1ea5y c\u00e1c nh\u00e0 ph\u00e2n t\u00edch chuy\u00ean nghi\u1ec7p \u0111ang \u0111\u00e1nh gi\u00e1&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>&nbsp;\u1edf m\u1ee9c trung l\u1eadp \u0111\u1ebfn th\u1eadn tr\u1ecdng, v\u1edbi 3\/5 khuy\u1ebfn ngh\u1ecb &#8220;gi\u1eef&#8221;, 1\/5 &#8220;mua&#8221; v\u00e0 1\/5 &#8220;b\u00e1n&#8221;, ph\u1ea3n \u00e1nh s\u1ef1 ho\u00e0i nghi v\u1ec1 kh\u1ea3 n\u0103ng Habeco nhanh ch\u00f3ng c\u1ea3i thi\u1ec7n v\u1ecb th\u1ebf c\u1ea1nh tranh.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 chi ti\u1ebft cho c\u1ed5 phi\u1ebfu BHN theo giai \u0111o\u1ea1n 2024-2025<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>D\u1ef1a tr\u00ean ph\u00e2n t\u00edch to\u00e0n di\u1ec7n, \u0111\u00e2y l\u00e0 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 ph\u00f9 h\u1ee3p cho t\u1eebng nh\u00f3m nh\u00e0 \u0111\u1ea7u t\u01b0:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>Chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch ng\u1eafn h\u1ea1n (1-3 th\u00e1ng)<\/h3>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Theo d\u00f5i b\u1ee9t ph\u00e1 khi gi\u00e1 v\u01b0\u1ee3t 73.500 v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng &gt;350.000 c\u1ed5 phi\u1ebfu, \u0111\u00e2y l\u00e0 t\u00edn hi\u1ec7u mua m\u1ea1nh<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u00c1p d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c swing trading v\u1edbi t\u1ef7 l\u1ec7 r\u1ee7i ro:l\u1ee3i nhu\u1eadn 1:2,5 (d\u1eebng l\u1ed7 5%, m\u1ee5c ti\u00eau l\u1ee3i nhu\u1eadn 12-13%)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>V\u00e0o l\u1ec7nh khi MACD(12,26,9) c\u1eaft l\u00ean tr\u00ean \u0111\u01b0\u1eddng t\u00edn hi\u1ec7u v\u00e0 RSI(14) v\u01b0\u1ee3t 60<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>S\u1eed d\u1ee5ng ch\u1ec9 b\u00e1o Bollinger Bands tr\u00ean&nbsp;Pocket Option&nbsp;\u0111\u1ec3 x\u00e1c \u0111\u1ecbnh \u0111i\u1ec3m n\u00e9n tr\u01b0\u1edbc khi b\u1ee9t ph\u00e1<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ch\u00fa \u00fd giao d\u1ecbch n\u01b0\u1edbc ngo\u00e0i &#8211; khi nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i mua r\u00f2ng &gt;20 t\u1ef7 VND\/tu\u1ea7n th\u01b0\u1eddng l\u00e0 t\u00edn hi\u1ec7u t\u1ed1t<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 trung h\u1ea1n (6-12 th\u00e1ng)<\/h3>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Theo d\u00f5i b\u00e1o c\u00e1o qu\u00fd v\u1ec1 ti\u1ebfn \u0111\u1ed9 t\u00e1i c\u1ea5u tr\u00fac doanh nghi\u1ec7p v\u00e0 k\u1ebft qu\u1ea3 kinh doanh<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u00edch l\u0169y t\u1eebng ph\u1ea7n khi gi\u00e1 ti\u1ebfp c\u1eadn v\u00f9ng h\u1ed7 tr\u1ee3 62.500-63.800 v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng nh\u1ecf<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u0103ng v\u1ecb th\u1ebf m\u1ed7i khi c\u00f3 tin t\u1ee9c t\u00edch c\u1ef1c v\u1ec1 qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1eb7t c\u1ea3nh b\u00e1o tr\u00ean&nbsp;Pocket Option&nbsp;cho c\u00e1c th\u00f4ng b\u00e1o c\u1ee7a Carlsberg v\u1ec1 k\u1ebf ho\u1ea1ch t\u1ea1i Vi\u1ec7t Nam<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>M\u1ee5c ti\u00eau gi\u00e1 78.000-82.000 trong 12 th\u00e1ng n\u1ebfu c\u01a1 b\u1ea3n c\u1ea3i thi\u1ec7n nh\u01b0 k\u1ef3 v\u1ecdng<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n (2-3 n\u0103m)<\/h3>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ch\u1ec9 xem x\u00e9t n\u1ebfu c\u00f3 th\u00f4ng tin ch\u1eafc ch\u1eafn v\u1ec1 vi\u1ec7c Carlsberg t\u0103ng s\u1edf h\u1eefu<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u00c1p d\u1ee5ng ph\u01b0\u01a1ng ph\u00e1p DCF v\u1edbi gi\u1ea3 \u0111\u1ecbnh t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn r\u00f2ng 10-12%\/n\u0103m sau t\u00e1i c\u1ea5u tr\u00fac<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ph\u00e2n b\u1ed5 t\u1ed1i \u0111a 3-5% danh m\u1ee5c cho BHN \u0111\u1ec3 ki\u1ec3m so\u00e1t r\u1ee7i ro<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>K\u1ebft h\u1ee3p v\u1edbi c\u1ed5 phi\u1ebfu ti\u00eau d\u00f9ng t\u0103ng tr\u01b0\u1edfng cao h\u01a1n nh\u01b0 MWG, PNJ \u0111\u1ec3 c\u00e2n b\u1eb1ng danh m\u1ee5c<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Th\u01b0\u1eddng xuy\u00ean theo d\u00f5i ch\u1ec9 s\u1ed1 ROE, ROIC &#8211; ch\u1ec9 ti\u1ebfp t\u1ee5c n\u1eafm gi\u1eef n\u1ebfu ROE v\u01b0\u1ee3t 8% v\u00e0o n\u0103m 2025<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>K\u1ecbch b\u1ea3n 2024-2025<\/th>\n<th>X\u00e1c su\u1ea5t<\/th>\n<th>M\u1ee5c ti\u00eau gi\u00e1<\/th>\n<th>Chi\u1ebfn l\u01b0\u1ee3c \u1ee9ng ph\u00f3<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>T\u00edch c\u1ef1c: Carlsberg t\u0103ng s\u1edf h\u1eefu l\u00ean 30-35%, nh\u00e0 n\u01b0\u1edbc tho\u00e1i v\u1ed1n d\u01b0\u1edbi 50%<\/td>\n<td>25%<\/td>\n<td>95.000-110.000<\/td>\n<td>T\u0103ng m\u1ea1nh v\u1ecb th\u1ebf khi th\u00f4ng tin \u0111\u01b0\u1ee3c x\u00e1c nh\u1eadn, \u0111\u1eb7t l\u1ec7nh mua d\u1eebng t\u1ea1i 75.000<\/td>\n<\/tr>\n<tr>\n<td>C\u01a1 b\u1ea3n: Qu\u00e1 tr\u00ecnh t\u00e1i c\u1ea5u tr\u00fac di\u1ec5n ra theo k\u1ebf ho\u1ea1ch, tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc d\u1ea7n d\u1ea7n<\/td>\n<td>55%<\/td>\n<td>78.000-85.000<\/td>\n<td>DCA (dollar-cost averaging) khi \u0111i\u1ec1u ch\u1ec9nh d\u01b0\u1edbi MA 50 ng\u00e0y<\/td>\n<\/tr>\n<tr>\n<td>Ti\u00eau c\u1ef1c: T\u00e1i c\u1ea5u tr\u00fac ch\u1eadm, ti\u1ebfp t\u1ee5c m\u1ea5t th\u1ecb ph\u1ea7n, kh\u00f4ng c\u00f3 ti\u1ebfn tri\u1ec3n tho\u00e1i v\u1ed1n<\/td>\n<td>20%<\/td>\n<td>52.000-58.000<\/td>\n<td>C\u1eaft l\u1ed7 khi gi\u00e1 ph\u00e1 v\u1ee1 h\u1ed7 tr\u1ee3 t\u1ea1i 61.800 v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng l\u1edbn<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>C\u00f4ng c\u1ee5 ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt v\u00e0 theo d\u00f5i tin t\u1ee9c th\u1ecb tr\u01b0\u1eddng tr\u00ean&nbsp;<b>Pocket Option<\/b>&nbsp;s\u1ebd gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam \u0111i\u1ec1u ch\u1ec9nh k\u1ecbp th\u1eddi chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 cho&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>&nbsp;theo di\u1ec5n bi\u1ebfn th\u1ef1c t\u1ebf c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0 c\u00f4ng ty.<\/p>\n<\/div>\n    <div class=\"po-container po-container_width_article\">\n        <a href=\"\/en\/quick-start\/\" class=\"po-line-banner po-article-page__line-banner\">\n            <svg class=\"svg-image po-line-banner__logo\" fill=\"currentColor\" width=\"auto\" height=\"auto\"\n                 aria-hidden=\"true\">\n                <use href=\"#svg-img-logo-white\"><\/use>\n            <\/svg>\n            <span class=\"po-line-banner__btn\"><\/span>\n        <\/a>\n    <\/div>\n    \n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>K\u1ebft lu\u1eadn: \u0110\u00e1nh gi\u00e1 to\u00e0n di\u1ec7n v\u00e0 tri\u1ec3n v\u1ecdng cho c\u1ed5 phi\u1ebfu BHN 2024-2025<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'><b>C\u1ed5 phi\u1ebfu BHN<\/b>&nbsp;\u0111ang trong giai \u0111o\u1ea1n chuy\u1ec3n \u0111\u1ed5i quan tr\u1ecdng v\u1edbi k\u1ebf ho\u1ea1ch t\u00e1i c\u1ea5u tr\u00fac 2024-2026. \u0110\u1ecbnh gi\u00e1 hi\u1ec7n t\u1ea1i (P\/E 38,7) ph\u1ea3n \u00e1nh k\u1ef3 v\u1ecdng cao v\u1ec1 c\u1ea3i thi\u1ec7n hi\u1ec7u qu\u1ea3 kinh doanh v\u00e0 qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc, trong khi c\u00e1c ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh c\u01a1 b\u1ea3n (ROE 4,8%, t\u0103ng tr\u01b0\u1edfng doanh thu 4,8%) ch\u01b0a th\u1ef1c s\u1ef1 thuy\u1ebft ph\u1ee5c.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'><b>C\u1ed5 phi\u1ebfu Habeco<\/b>&nbsp;c\u00f3 th\u1ec3 kh\u00f4ng ph\u1ea3i l\u00e0 l\u1ef1a ch\u1ecdn h\u00e0ng \u0111\u1ea7u cho m\u1ee5c ti\u00eau t\u0103ng tr\u01b0\u1edfng ng\u1eafn h\u1ea1n m\u1ea1nh m\u1ebd, nh\u01b0ng c\u00f3 ti\u1ec1m n\u0103ng t\u0103ng gi\u00e1 \u0111\u00e1ng k\u1ec3 (30-50%) n\u1ebfu xu\u1ea5t hi\u1ec7n c\u00e1c \u0111\u1ed9ng l\u1ef1c t\u1eeb th\u01b0\u01a1ng v\u1ee5 Carlsberg ho\u1eb7c tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc. Nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean th\u1eadn tr\u1ecdng v\u1edbi \u0111\u1ecbnh gi\u00e1 cao hi\u1ec7n t\u1ea1i v\u00e0 n\u00ean xem x\u00e9t c\u1ed5 phi\u1ebfu n\u00e0y nh\u01b0 m\u1ed9t ph\u1ea7n nh\u1ecf (3-5%) trong danh m\u1ee5c \u0111a d\u1ea1ng.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110i\u1ec3m c\u1ea7n l\u01b0u \u00fd:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1ecbnh gi\u00e1 P\/E 38,7 kh\u00e1 cao so v\u1edbi trung b\u00ecnh ng\u00e0nh 22,8 v\u00e0 c\u00f3 nguy c\u01a1 \u0111i\u1ec1u ch\u1ec9nh<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc v\u00e0 k\u1ebf ho\u1ea1ch c\u1ee7a Carlsberg l\u00e0 hai \u0111\u1ed9ng l\u1ef1c ch\u00ednh c\u1ea7n theo d\u00f5i s\u00e1t sao<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>K\u1ebf ho\u1ea1ch t\u00e1i c\u1ea5u tr\u00fac 2024-2026 s\u1ebd quy\u1ebft \u0111\u1ecbnh kh\u1ea3 n\u0103ng c\u1ea1nh tranh d\u00e0i h\u1ea1n c\u1ee7a Habeco<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u00c1p l\u1ef1c c\u1ea1nh tranh t\u1eeb Heineken v\u00e0 Sabeco v\u1eabn \u0111\u00e1ng k\u1ec3, \u0111\u1eb7c bi\u1ec7t trong ph\u00e2n kh\u00fac cao c\u1ea5p<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>S\u1eed d\u1ee5ng c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch r\u1ee7i ro v\u00e0 c\u1ea3nh b\u00e1o gi\u00e1 tr\u00ean&nbsp;Pocket Option&nbsp;\u0111\u1ec3 qu\u1ea3n l\u00fd hi\u1ec7u qu\u1ea3 \u0111\u1ea7u t\u01b0 v\u00e0o&nbsp;c\u1ed5 phi\u1ebfu Habeco<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>V\u1edbi chi\u1ebfn l\u01b0\u1ee3c ph\u00f9 h\u1ee3p v\u00e0 c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch to\u00e0n di\u1ec7n t\u1eeb&nbsp;<b>Pocket Option<\/b>, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 t\u1ef1 tin h\u01a1n trong vi\u1ec7c \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh v\u1ec1&nbsp;<b>c\u1ed5 phi\u1ebfu BHN<\/b>, d\u00f9 l\u00e0 giao d\u1ecbch ng\u1eafn h\u1ea1n \u0111\u1ec3 n\u1eafm b\u1eaft bi\u1ebfn \u0111\u1ed9ng gi\u00e1 hay \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n k\u1ef3 v\u1ecdng v\u00e0o ti\u1ec1m n\u0103ng t\u00e1i c\u1ea5u tr\u00fac c\u1ee7a Habeco trong giai \u0111o\u1ea1n 2024-2025.<\/p>\n<\/div>\n"},"faq":[{"question":"C\u00f4ng ty Habeco l\u00e0 c\u00f4ng ty n\u00e0o v\u00e0 m\u00e3 c\u1ed5 phi\u1ebfu BHN \u0111\u1ea1i di\u1ec7n cho doanh nghi\u1ec7p n\u00e0o?","answer":"Habeco (T\u1ed5ng C\u00f4ng ty C\u1ed5 ph\u1ea7n Bia - R\u01b0\u1ee3u - N\u01b0\u1edbc gi\u1ea3i kh\u00e1t H\u00e0 N\u1ed9i) l\u00e0 nh\u00e0 s\u1ea3n xu\u1ea5t bia l\u1edbn th\u1ee9 hai t\u1ea1i Vi\u1ec7t Nam v\u1edbi 18,2% th\u1ecb ph\u1ea7n v\u00e0o n\u0103m 2023. \u0110\u01b0\u1ee3c th\u00e0nh l\u1eadp v\u00e0o n\u0103m 1890, c\u00f4ng ty s\u1edf h\u1eefu 6 nh\u00e0 m\u00e1y v\u1edbi c\u00f4ng su\u1ea5t 870 tri\u1ec7u l\u00edt m\u1ed7i n\u0103m. M\u00e3 c\u1ed5 phi\u1ebfu BHN \u0111\u1ea1i di\u1ec7n cho Habeco, \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft tr\u00ean HOSE t\u1eeb ng\u00e0y 28 th\u00e1ng 1 n\u0103m 2016, v\u1edbi v\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng ban \u0111\u1ea7u l\u00e0 16.000 t\u1ef7 VND."},{"question":"Nh\u1eefng y\u1ebfu t\u1ed1 n\u00e0o \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 nh\u1ea5t \u0111\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu BHN trong giai \u0111o\u1ea1n 2023-2024?","answer":"C\u00e1c y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng m\u1ea1nh nh\u1ea5t \u0111\u1ebfn c\u1ed5 phi\u1ebfu BHN g\u1ea7n \u0111\u00e2y bao g\u1ed3m: (1) K\u1ebf ho\u1ea1ch t\u00e1i c\u1ea5u tr\u00fac 2024-2026 v\u1edbi kho\u1ea3n \u0111\u1ea7u t\u01b0 860 t\u1ef7 VND cho hi\u1ec7n \u0111\u1ea1i h\u00f3a, (2) Qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc t\u1eeb 81% xu\u1ed1ng 36%, (3) Kh\u1ea3 n\u0103ng Carlsberg t\u0103ng s\u1edf h\u1eefu t\u1eeb 17,34% l\u00ean tr\u00ean 30%, (4) \u00c1p l\u1ef1c t\u1eeb \u0111\u1ec1 xu\u1ea5t t\u0103ng thu\u1ebf ti\u00eau th\u1ee5 \u0111\u1eb7c bi\u1ec7t t\u1eeb 65% l\u00ean 75% t\u1eeb n\u0103m 2025, v\u00e0 (5) C\u1ea1nh tranh gay g\u1eaft d\u1eabn \u0111\u1ebfn th\u1ecb ph\u1ea7n gi\u1ea3m t\u1eeb 23% (2016) xu\u1ed1ng 18,2% (2023)."},{"question":"Tri\u1ec3n v\u1ecdng d\u00e0i h\u1ea1n cho c\u1ed5 phi\u1ebfu Habeco l\u00e0 g\u00ec?","answer":"Tri\u1ec3n v\u1ecdng d\u00e0i h\u1ea1n c\u1ee7a c\u1ed5 phi\u1ebfu Habeco ph\u1ee5 thu\u1ed9c v\u00e0o ba y\u1ebfu t\u1ed1 ch\u00ednh: (1) Hi\u1ec7u qu\u1ea3 c\u1ee7a k\u1ebf ho\u1ea1ch t\u00e1i c\u1ea5u tr\u00fac 2024-2026 trong vi\u1ec7c c\u1ea3i thi\u1ec7n ROE t\u1eeb 4,8% l\u00ean tr\u00ean 8%, (2) L\u1ecbch tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc d\u1ef1 ki\u1ebfn ho\u00e0n th\u00e0nh v\u00e0o n\u0103m 2025-2026, v\u00e0 (3) Kh\u1ea3 n\u0103ng Carlsberg t\u0103ng c\u01b0\u1eddng s\u1edf h\u1eefu v\u00e0 chuy\u1ec3n giao c\u00f4ng ngh\u1ec7 v\u00e0 qu\u1ea3n tr\u1ecb. N\u1ebfu c\u00e1c y\u1ebfu t\u1ed1 n\u00e0y ph\u00e1t tri\u1ec3n thu\u1eadn l\u1ee3i, c\u1ed5 phi\u1ebfu c\u00f3 ti\u1ec1m n\u0103ng t\u0103ng 50-70% trong 2-3 n\u0103m t\u1edbi. Ng\u01b0\u1ee3c l\u1ea1i, n\u1ebfu t\u00e1i c\u1ea5u tr\u00fac ch\u1eadm v\u00e0 kh\u00f4ng c\u00f3 ti\u1ebfn tri\u1ec3n trong vi\u1ec7c tho\u00e1i v\u1ed1n, \u00e1p l\u1ef1c gi\u1ea3m s\u1ebd \u0111\u00e1ng k\u1ec3 do \u0111\u1ecbnh gi\u00e1 P\/E hi\u1ec7n t\u1ea1i (38,7) cao h\u01a1n nhi\u1ec1u so v\u1edbi trung b\u00ecnh ng\u00e0nh (22,8)."},{"question":"Pocket Option cung c\u1ea5p nh\u1eefng c\u00f4ng c\u1ee5 n\u00e0o \u0111\u1ec3 ph\u00e2n t\u00edch c\u1ed5 phi\u1ebfu BHN?","answer":"Pocket Option cung c\u1ea5p nhi\u1ec1u c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch chuy\u00ean s\u00e2u cho c\u1ed5 phi\u1ebfu BHN, bao g\u1ed3m: (1) Bi\u1ec3u \u0111\u1ed3 k\u1ef9 thu\u1eadt \u0111a khung th\u1eddi gian v\u1edbi h\u01a1n 50 ch\u1ec9 b\u00e1o k\u1ef9 thu\u1eadt, (2) Ch\u1ee9c n\u0103ng thi\u1ebft l\u1eadp c\u1ea3nh b\u00e1o gi\u00e1 v\u00e0 kh\u1ed1i l\u01b0\u1ee3ng theo th\u1eddi gian th\u1ef1c, (3) C\u00f4ng c\u1ee5 theo d\u00f5i giao d\u1ecbch n\u01b0\u1edbc ngo\u00e0i v\u00e0 d\u00f2ng ti\u1ec1n th\u00f4ng minh, (4) H\u1ec7 th\u1ed1ng ph\u00e2n t\u00edch m\u1eabu n\u1ebfn t\u1ef1 \u0111\u1ed9ng, (5) B\u00e1o c\u00e1o ph\u00e2n t\u00edch c\u01a1 b\u1ea3n c\u1eadp nh\u1eadt h\u00e0ng qu\u00fd, v\u00e0 (6) C\u00f4ng c\u1ee5 so s\u00e1nh \u0111\u1ecbnh gi\u00e1 v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7 trong ng\u00e0nh. Nh\u1eefng c\u00f4ng c\u1ee5 n\u00e0y gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 th\u00f4ng minh d\u1ef1a tr\u00ean d\u1eef li\u1ec7u ch\u00ednh x\u00e1c v\u00e0 k\u1ecbp th\u1eddi."},{"question":"Chi\u1ebfn l\u01b0\u1ee3c n\u00e0o ph\u00f9 h\u1ee3p nh\u1ea5t cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1edbi quan t\u00e2m \u0111\u1ebfn c\u1ed5 phi\u1ebfu BHN?","answer":"\u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1edbi, chi\u1ebfn l\u01b0\u1ee3c ph\u00f9 h\u1ee3p nh\u1ea5t khi ti\u1ebfp c\u1eadn c\u1ed5 phi\u1ebfu BHN l\u00e0: (1) B\u1eaft \u0111\u1ea7u v\u1edbi m\u1ed9t v\u1ecb th\u1ebf nh\u1ecf chi\u1ebfm t\u1ed1i \u0111a 3% danh m\u1ee5c \u0111\u1ea7u t\u01b0, (2) \u00c1p d\u1ee5ng ph\u01b0\u01a1ng ph\u00e1p B\u00ecnh qu\u00e2n gi\u00e1 (DCA) khi gi\u00e1 ti\u1ebfp c\u1eadn v\u00f9ng h\u1ed7 tr\u1ee3 62,500-63,800 VND, (3) Thi\u1ebft l\u1eadp c\u1ea3nh b\u00e1o tin t\u1ee9c v\u1ec1 qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc v\u00e0 k\u1ebf ho\u1ea1ch c\u1ee7a Carlsberg, (4) \u0110\u1eb7t l\u1ec7nh c\u1eaft l\u1ed7 t\u1ef1 \u0111\u1ed9ng t\u1ea1i 61,800 VND \u0111\u1ec3 ki\u1ec3m so\u00e1t r\u1ee7i ro, v\u00e0 (5) K\u1ebft h\u1ee3p \u0111\u1ea7u t\u01b0 BHN v\u1edbi c\u00e1c c\u1ed5 phi\u1ebfu kh\u00e1c trong ng\u00e0nh ti\u00eau d\u00f9ng nh\u01b0 MWG, PNJ \u0111\u1ec3 \u0111a d\u1ea1ng h\u00f3a. V\u1edbi chi\u1ebfn l\u01b0\u1ee3c th\u1eadn tr\u1ecdng n\u00e0y, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1edbi c\u00f3 th\u1ec3 v\u1eeba h\u1ecdc h\u1ecfi v\u1eeba h\u1ea1n ch\u1ebf r\u1ee7i ro trong giai \u0111o\u1ea1n th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng."}],"faq_source":{"label":"FAQ","type":"repeater","formatted_value":[{"question":"C\u00f4ng ty Habeco l\u00e0 c\u00f4ng ty n\u00e0o v\u00e0 m\u00e3 c\u1ed5 phi\u1ebfu BHN \u0111\u1ea1i di\u1ec7n cho doanh nghi\u1ec7p n\u00e0o?","answer":"Habeco (T\u1ed5ng C\u00f4ng ty C\u1ed5 ph\u1ea7n Bia - R\u01b0\u1ee3u - N\u01b0\u1edbc gi\u1ea3i kh\u00e1t H\u00e0 N\u1ed9i) l\u00e0 nh\u00e0 s\u1ea3n xu\u1ea5t bia l\u1edbn th\u1ee9 hai t\u1ea1i Vi\u1ec7t Nam v\u1edbi 18,2% th\u1ecb ph\u1ea7n v\u00e0o n\u0103m 2023. \u0110\u01b0\u1ee3c th\u00e0nh l\u1eadp v\u00e0o n\u0103m 1890, c\u00f4ng ty s\u1edf h\u1eefu 6 nh\u00e0 m\u00e1y v\u1edbi c\u00f4ng su\u1ea5t 870 tri\u1ec7u l\u00edt m\u1ed7i n\u0103m. M\u00e3 c\u1ed5 phi\u1ebfu BHN \u0111\u1ea1i di\u1ec7n cho Habeco, \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft tr\u00ean HOSE t\u1eeb ng\u00e0y 28 th\u00e1ng 1 n\u0103m 2016, v\u1edbi v\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng ban \u0111\u1ea7u l\u00e0 16.000 t\u1ef7 VND."},{"question":"Nh\u1eefng y\u1ebfu t\u1ed1 n\u00e0o \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 nh\u1ea5t \u0111\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu BHN trong giai \u0111o\u1ea1n 2023-2024?","answer":"C\u00e1c y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng m\u1ea1nh nh\u1ea5t \u0111\u1ebfn c\u1ed5 phi\u1ebfu BHN g\u1ea7n \u0111\u00e2y bao g\u1ed3m: (1) K\u1ebf ho\u1ea1ch t\u00e1i c\u1ea5u tr\u00fac 2024-2026 v\u1edbi kho\u1ea3n \u0111\u1ea7u t\u01b0 860 t\u1ef7 VND cho hi\u1ec7n \u0111\u1ea1i h\u00f3a, (2) Qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc t\u1eeb 81% xu\u1ed1ng 36%, (3) Kh\u1ea3 n\u0103ng Carlsberg t\u0103ng s\u1edf h\u1eefu t\u1eeb 17,34% l\u00ean tr\u00ean 30%, (4) \u00c1p l\u1ef1c t\u1eeb \u0111\u1ec1 xu\u1ea5t t\u0103ng thu\u1ebf ti\u00eau th\u1ee5 \u0111\u1eb7c bi\u1ec7t t\u1eeb 65% l\u00ean 75% t\u1eeb n\u0103m 2025, v\u00e0 (5) C\u1ea1nh tranh gay g\u1eaft d\u1eabn \u0111\u1ebfn th\u1ecb ph\u1ea7n gi\u1ea3m t\u1eeb 23% (2016) xu\u1ed1ng 18,2% (2023)."},{"question":"Tri\u1ec3n v\u1ecdng d\u00e0i h\u1ea1n cho c\u1ed5 phi\u1ebfu Habeco l\u00e0 g\u00ec?","answer":"Tri\u1ec3n v\u1ecdng d\u00e0i h\u1ea1n c\u1ee7a c\u1ed5 phi\u1ebfu Habeco ph\u1ee5 thu\u1ed9c v\u00e0o ba y\u1ebfu t\u1ed1 ch\u00ednh: (1) Hi\u1ec7u qu\u1ea3 c\u1ee7a k\u1ebf ho\u1ea1ch t\u00e1i c\u1ea5u tr\u00fac 2024-2026 trong vi\u1ec7c c\u1ea3i thi\u1ec7n ROE t\u1eeb 4,8% l\u00ean tr\u00ean 8%, (2) L\u1ecbch tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc d\u1ef1 ki\u1ebfn ho\u00e0n th\u00e0nh v\u00e0o n\u0103m 2025-2026, v\u00e0 (3) Kh\u1ea3 n\u0103ng Carlsberg t\u0103ng c\u01b0\u1eddng s\u1edf h\u1eefu v\u00e0 chuy\u1ec3n giao c\u00f4ng ngh\u1ec7 v\u00e0 qu\u1ea3n tr\u1ecb. N\u1ebfu c\u00e1c y\u1ebfu t\u1ed1 n\u00e0y ph\u00e1t tri\u1ec3n thu\u1eadn l\u1ee3i, c\u1ed5 phi\u1ebfu c\u00f3 ti\u1ec1m n\u0103ng t\u0103ng 50-70% trong 2-3 n\u0103m t\u1edbi. Ng\u01b0\u1ee3c l\u1ea1i, n\u1ebfu t\u00e1i c\u1ea5u tr\u00fac ch\u1eadm v\u00e0 kh\u00f4ng c\u00f3 ti\u1ebfn tri\u1ec3n trong vi\u1ec7c tho\u00e1i v\u1ed1n, \u00e1p l\u1ef1c gi\u1ea3m s\u1ebd \u0111\u00e1ng k\u1ec3 do \u0111\u1ecbnh gi\u00e1 P\/E hi\u1ec7n t\u1ea1i (38,7) cao h\u01a1n nhi\u1ec1u so v\u1edbi trung b\u00ecnh ng\u00e0nh (22,8)."},{"question":"Pocket Option cung c\u1ea5p nh\u1eefng c\u00f4ng c\u1ee5 n\u00e0o \u0111\u1ec3 ph\u00e2n t\u00edch c\u1ed5 phi\u1ebfu BHN?","answer":"Pocket Option cung c\u1ea5p nhi\u1ec1u c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch chuy\u00ean s\u00e2u cho c\u1ed5 phi\u1ebfu BHN, bao g\u1ed3m: (1) Bi\u1ec3u \u0111\u1ed3 k\u1ef9 thu\u1eadt \u0111a khung th\u1eddi gian v\u1edbi h\u01a1n 50 ch\u1ec9 b\u00e1o k\u1ef9 thu\u1eadt, (2) Ch\u1ee9c n\u0103ng thi\u1ebft l\u1eadp c\u1ea3nh b\u00e1o gi\u00e1 v\u00e0 kh\u1ed1i l\u01b0\u1ee3ng theo th\u1eddi gian th\u1ef1c, (3) C\u00f4ng c\u1ee5 theo d\u00f5i giao d\u1ecbch n\u01b0\u1edbc ngo\u00e0i v\u00e0 d\u00f2ng ti\u1ec1n th\u00f4ng minh, (4) H\u1ec7 th\u1ed1ng ph\u00e2n t\u00edch m\u1eabu n\u1ebfn t\u1ef1 \u0111\u1ed9ng, (5) B\u00e1o c\u00e1o ph\u00e2n t\u00edch c\u01a1 b\u1ea3n c\u1eadp nh\u1eadt h\u00e0ng qu\u00fd, v\u00e0 (6) C\u00f4ng c\u1ee5 so s\u00e1nh \u0111\u1ecbnh gi\u00e1 v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7 trong ng\u00e0nh. Nh\u1eefng c\u00f4ng c\u1ee5 n\u00e0y gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 th\u00f4ng minh d\u1ef1a tr\u00ean d\u1eef li\u1ec7u ch\u00ednh x\u00e1c v\u00e0 k\u1ecbp th\u1eddi."},{"question":"Chi\u1ebfn l\u01b0\u1ee3c n\u00e0o ph\u00f9 h\u1ee3p nh\u1ea5t cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1edbi quan t\u00e2m \u0111\u1ebfn c\u1ed5 phi\u1ebfu BHN?","answer":"\u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1edbi, chi\u1ebfn l\u01b0\u1ee3c ph\u00f9 h\u1ee3p nh\u1ea5t khi ti\u1ebfp c\u1eadn c\u1ed5 phi\u1ebfu BHN l\u00e0: (1) B\u1eaft \u0111\u1ea7u v\u1edbi m\u1ed9t v\u1ecb th\u1ebf nh\u1ecf chi\u1ebfm t\u1ed1i \u0111a 3% danh m\u1ee5c \u0111\u1ea7u t\u01b0, (2) \u00c1p d\u1ee5ng ph\u01b0\u01a1ng ph\u00e1p B\u00ecnh qu\u00e2n gi\u00e1 (DCA) khi gi\u00e1 ti\u1ebfp c\u1eadn v\u00f9ng h\u1ed7 tr\u1ee3 62,500-63,800 VND, (3) Thi\u1ebft l\u1eadp c\u1ea3nh b\u00e1o tin t\u1ee9c v\u1ec1 qu\u00e1 tr\u00ecnh tho\u00e1i v\u1ed1n nh\u00e0 n\u01b0\u1edbc v\u00e0 k\u1ebf ho\u1ea1ch c\u1ee7a Carlsberg, (4) \u0110\u1eb7t l\u1ec7nh c\u1eaft l\u1ed7 t\u1ef1 \u0111\u1ed9ng t\u1ea1i 61,800 VND \u0111\u1ec3 ki\u1ec3m so\u00e1t r\u1ee7i ro, v\u00e0 (5) K\u1ebft h\u1ee3p \u0111\u1ea7u t\u01b0 BHN v\u1edbi c\u00e1c c\u1ed5 phi\u1ebfu kh\u00e1c trong ng\u00e0nh ti\u00eau d\u00f9ng nh\u01b0 MWG, PNJ \u0111\u1ec3 \u0111a d\u1ea1ng h\u00f3a. V\u1edbi chi\u1ebfn l\u01b0\u1ee3c th\u1eadn tr\u1ecdng n\u00e0y, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1edbi c\u00f3 th\u1ec3 v\u1eeba h\u1ecdc h\u1ecfi v\u1eeba h\u1ea1n ch\u1ebf r\u1ee7i ro trong giai \u0111o\u1ea1n th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng."}]}},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.8 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>C\u1ed5 phi\u1ebfu BHN: Ph\u00e2n T\u00edch To\u00e0n Di\u1ec7n v\u00e0 Chi\u1ebfn L\u01b0\u1ee3c \u0110\u1ea7u T\u01b0 2024-2025<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"C\u1ed5 phi\u1ebfu BHN: Ph\u00e2n T\u00edch To\u00e0n Di\u1ec7n v\u00e0 Chi\u1ebfn L\u01b0\u1ee3c \u0110\u1ea7u T\u01b0 2024-2025\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocket Option blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-15T21:34:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740128109979-660269146.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1840\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Andrew OK\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Andrew OK\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/\"},\"author\":{\"name\":\"Andrew OK\",\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/#\/schema\/person\/8c927d60ff98b0ebe00861e922a035d3\"},\"headline\":\"C\u1ed5 phi\u1ebfu BHN: Ph\u00e2n T\u00edch To\u00e0n Di\u1ec7n v\u00e0 Chi\u1ebfn L\u01b0\u1ee3c \u0110\u1ea7u T\u01b0 2024-2025\",\"datePublished\":\"2025-07-15T21:34:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/\"},\"wordCount\":20,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740128109979-660269146.webp\",\"keywords\":[\"investment\",\"stock\",\"strategy\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"vt-VT\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/\",\"url\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/\",\"name\":\"C\u1ed5 phi\u1ebfu BHN: Ph\u00e2n T\u00edch To\u00e0n Di\u1ec7n v\u00e0 Chi\u1ebfn L\u01b0\u1ee3c \u0110\u1ea7u T\u01b0 2024-2025\",\"isPartOf\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740128109979-660269146.webp\",\"datePublished\":\"2025-07-15T21:34:17+00:00\",\"author\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/#\/schema\/person\/8c927d60ff98b0ebe00861e922a035d3\"},\"breadcrumb\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#breadcrumb\"},\"inLanguage\":\"vt-VT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"vt-VT\",\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#primaryimage\",\"url\":\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740128109979-660269146.webp\",\"contentUrl\":\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740128109979-660269146.webp\",\"width\":1840,\"height\":700},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pocketoption.com\/blog\/vt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"C\u1ed5 phi\u1ebfu BHN: Ph\u00e2n T\u00edch To\u00e0n Di\u1ec7n v\u00e0 Chi\u1ebfn L\u01b0\u1ee3c \u0110\u1ea7u T\u01b0 2024-2025\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/#website\",\"url\":\"https:\/\/pocketoption.com\/blog\/vt\/\",\"name\":\"Pocket Option blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pocketoption.com\/blog\/vt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"vt-VT\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/#\/schema\/person\/8c927d60ff98b0ebe00861e922a035d3\",\"name\":\"Andrew OK\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"vt-VT\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/383d2c0dd4b219f690be51029697edeb43831adb70c4cbf4f9500ec37448a792?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/383d2c0dd4b219f690be51029697edeb43831adb70c4cbf4f9500ec37448a792?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/383d2c0dd4b219f690be51029697edeb43831adb70c4cbf4f9500ec37448a792?s=96&d=mm&r=g\",\"caption\":\"Andrew OK\"},\"url\":\"https:\/\/pocketoption.com\/blog\/vt\/author\/andrew-ok\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"C\u1ed5 phi\u1ebfu BHN: Ph\u00e2n T\u00edch To\u00e0n Di\u1ec7n v\u00e0 Chi\u1ebfn L\u01b0\u1ee3c \u0110\u1ea7u T\u01b0 2024-2025","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/","og_locale":"en_US","og_type":"article","og_title":"C\u1ed5 phi\u1ebfu BHN: Ph\u00e2n T\u00edch To\u00e0n Di\u1ec7n v\u00e0 Chi\u1ebfn L\u01b0\u1ee3c \u0110\u1ea7u T\u01b0 2024-2025","og_url":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/","og_site_name":"Pocket Option blog","article_published_time":"2025-07-15T21:34:17+00:00","og_image":[{"width":1840,"height":700,"url":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740128109979-660269146.webp","type":"image\/webp"}],"author":"Andrew OK","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Andrew OK"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#article","isPartOf":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/"},"author":{"name":"Andrew OK","@id":"https:\/\/pocketoption.com\/blog\/vt\/#\/schema\/person\/8c927d60ff98b0ebe00861e922a035d3"},"headline":"C\u1ed5 phi\u1ebfu BHN: Ph\u00e2n T\u00edch To\u00e0n Di\u1ec7n v\u00e0 Chi\u1ebfn L\u01b0\u1ee3c \u0110\u1ea7u T\u01b0 2024-2025","datePublished":"2025-07-15T21:34:17+00:00","mainEntityOfPage":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/"},"wordCount":20,"commentCount":0,"image":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#primaryimage"},"thumbnailUrl":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740128109979-660269146.webp","keywords":["investment","stock","strategy"],"articleSection":["Markets"],"inLanguage":"vt-VT","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/","url":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/","name":"C\u1ed5 phi\u1ebfu BHN: Ph\u00e2n T\u00edch To\u00e0n Di\u1ec7n v\u00e0 Chi\u1ebfn L\u01b0\u1ee3c \u0110\u1ea7u T\u01b0 2024-2025","isPartOf":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#primaryimage"},"image":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#primaryimage"},"thumbnailUrl":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740128109979-660269146.webp","datePublished":"2025-07-15T21:34:17+00:00","author":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/#\/schema\/person\/8c927d60ff98b0ebe00861e922a035d3"},"breadcrumb":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#breadcrumb"},"inLanguage":"vt-VT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/"]}]},{"@type":"ImageObject","inLanguage":"vt-VT","@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#primaryimage","url":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740128109979-660269146.webp","contentUrl":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740128109979-660269146.webp","width":1840,"height":700},{"@type":"BreadcrumbList","@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/markets\/bhn-stocks\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pocketoption.com\/blog\/vt\/"},{"@type":"ListItem","position":2,"name":"C\u1ed5 phi\u1ebfu BHN: Ph\u00e2n T\u00edch To\u00e0n Di\u1ec7n v\u00e0 Chi\u1ebfn L\u01b0\u1ee3c \u0110\u1ea7u T\u01b0 2024-2025"}]},{"@type":"WebSite","@id":"https:\/\/pocketoption.com\/blog\/vt\/#website","url":"https:\/\/pocketoption.com\/blog\/vt\/","name":"Pocket Option blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pocketoption.com\/blog\/vt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"vt-VT"},{"@type":"Person","@id":"https:\/\/pocketoption.com\/blog\/vt\/#\/schema\/person\/8c927d60ff98b0ebe00861e922a035d3","name":"Andrew OK","image":{"@type":"ImageObject","inLanguage":"vt-VT","@id":"https:\/\/secure.gravatar.com\/avatar\/383d2c0dd4b219f690be51029697edeb43831adb70c4cbf4f9500ec37448a792?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/383d2c0dd4b219f690be51029697edeb43831adb70c4cbf4f9500ec37448a792?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/383d2c0dd4b219f690be51029697edeb43831adb70c4cbf4f9500ec37448a792?s=96&d=mm&r=g","caption":"Andrew OK"},"url":"https:\/\/pocketoption.com\/blog\/vt\/author\/andrew-ok\/"}]}},"po_author":null,"po__editor":null,"po_last_edited":null,"wpml_current_locale":"vt_VT","wpml_translations":{"pt_AA":{"locale":"pt_AA","id":307561,"slug":"bhn-stocks","post_title":"A\u00e7\u00e3o BHN: An\u00e1lise Abrangente e Estrat\u00e9gia de Investimento 2024-2025","href":"https:\/\/pocketoption.com\/blog\/pt\/knowledge-base\/markets\/bhn-stocks\/"}},"_links":{"self":[{"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/posts\/307566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/users\/45"}],"replies":[{"embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/comments?post=307566"}],"version-history":[{"count":0,"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/posts\/307566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/media\/178275"}],"wp:attachment":[{"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/media?parent=307566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/categories?post=307566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/tags?post=307566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}