{"id":324102,"date":"2025-07-31T12:23:59","date_gmt":"2025-07-31T12:23:59","guid":{"rendered":"https:\/\/pocketoption.com\/blog\/news-events\/data\/should-buy-ctg-stock-2\/"},"modified":"2025-07-31T12:23:59","modified_gmt":"2025-07-31T12:23:59","slug":"should-buy-ctg-stock","status":"publish","type":"post","link":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/trading\/should-buy-ctg-stock\/","title":{"rendered":"T\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu CTG: Ph\u00e2n t\u00edch chi ti\u1ebft v\u00e0 c\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0 v\u00e0o n\u0103m 2025"},"content":{"rendered":"
<\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":45,"featured_media":192679,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-324102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading"],"acf":{"h1":"Pocket Option: T\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu CTG kh\u00f4ng?","h1_source":{"label":"H1","type":"text","formatted_value":"Pocket Option: T\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu CTG kh\u00f4ng?"},"description":"T\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu CTG hay kh\u00f4ng? Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n v\u1ec1 c\u1ed5 phi\u1ebfu Vietinbank, gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u00fang \u0111\u1eafn v\u00e0 k\u1ecbp th\u1eddi - Pocket Option","description_source":{"label":"Description","type":"textarea","formatted_value":"T\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu CTG hay kh\u00f4ng? Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n v\u1ec1 c\u1ed5 phi\u1ebfu Vietinbank, gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u00fang \u0111\u1eafn v\u00e0 k\u1ecbp th\u1eddi - Pocket Option"},"intro":"Trong khi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam \u0111ang t\u00ecm ki\u1ebfm c\u01a1 h\u1ed9i tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, c\u00e2u h\u1ecfi v\u1ec1 \"c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu CTG kh\u00f4ng\" lu\u00f4n nh\u1eadn \u0111\u01b0\u1ee3c s\u1ef1 quan t\u00e2m l\u1edbn. B\u00e0i vi\u1ebft n\u00e0y cung c\u1ea5p ph\u00e2n t\u00edch chuy\u00ean s\u00e2u v\u1ec1 c\u1ed5 phi\u1ebfu Vietinbank (CTG), t\u1eeb c\u00e1c kh\u00eda c\u1ea1nh t\u00e0i ch\u00ednh, tri\u1ec3n v\u1ecdng ng\u00e0nh ng\u00e2n h\u00e0ng, \u0111\u1ebfn c\u00e1c y\u1ebfu t\u1ed1 kinh t\u1ebf v\u0129 m\u00f4 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 tr\u1ecb \u0111\u1ea7u t\u01b0, gi\u00fap b\u1ea1n \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh s\u00e1ng su\u1ed1t trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam hi\u1ec7n nay.","intro_source":{"label":"Intro","type":"text","formatted_value":"Trong khi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam \u0111ang t\u00ecm ki\u1ebfm c\u01a1 h\u1ed9i tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, c\u00e2u h\u1ecfi v\u1ec1 \"c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu CTG kh\u00f4ng\" lu\u00f4n nh\u1eadn \u0111\u01b0\u1ee3c s\u1ef1 quan t\u00e2m l\u1edbn. B\u00e0i vi\u1ebft n\u00e0y cung c\u1ea5p ph\u00e2n t\u00edch chuy\u00ean s\u00e2u v\u1ec1 c\u1ed5 phi\u1ebfu Vietinbank (CTG), t\u1eeb c\u00e1c kh\u00eda c\u1ea1nh t\u00e0i ch\u00ednh, tri\u1ec3n v\u1ecdng ng\u00e0nh ng\u00e2n h\u00e0ng, \u0111\u1ebfn c\u00e1c y\u1ebfu t\u1ed1 kinh t\u1ebf v\u0129 m\u00f4 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 tr\u1ecb \u0111\u1ea7u t\u01b0, gi\u00fap b\u1ea1n \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh s\u00e1ng su\u1ed1t trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam hi\u1ec7n nay."},"body_html":"

T\u1ed5ng quan v\u1ec1 c\u1ed5 phi\u1ebfu CTG v\u00e0 v\u1ecb th\u1ebf c\u1ee7a Vietinbank tr\u00ean th\u1ecb tr\u01b0\u1eddng<\/h2><\/div>

Vietinbank (m\u00e3 c\u1ed5 phi\u1ebfu CTG) l\u00e0 m\u1ed9t trong nh\u1eefng ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i c\u1ed5 ph\u1ea7n l\u1edbn nh\u1ea5t t\u1ea1i Vi\u1ec7t Nam, v\u1edbi v\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng \u0111\u00e1ng k\u1ec3 v\u00e0 l\u1ecbch s\u1eed ho\u1ea1t \u0111\u1ed9ng l\u00e2u d\u00e0i. \u0110\u01b0\u1ee3c th\u00e0nh l\u1eadp v\u00e0o n\u0103m 1988, Vietinbank \u0111\u00e3 tr\u1edf th\u00e0nh m\u1ed9t trong \"\"Big 4\"\" trong h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng Vi\u1ec7t Nam, c\u00f9ng v\u1edbi BIDV, Vietcombank v\u00e0 Agribank. C\u00e2u h\u1ecfi \"\"c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu CTG kh\u00f4ng\"\" lu\u00f4n \u0111\u01b0\u1ee3c nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 quan t\u00e2m, \u0111\u1eb7c bi\u1ec7t trong b\u1ed1i c\u1ea3nh bi\u1ebfn \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh hi\u1ec7n nay.<\/p><\/div>

\u0110\u1ebfn n\u0103m 2025, Vietinbank \u0111\u00e3 x\u00e2y d\u1ef1ng m\u1ed9t m\u1ea1ng l\u01b0\u1edbi ho\u1ea1t \u0111\u1ed9ng r\u1ed9ng kh\u1eafp v\u1edbi h\u01a1n 155 chi nh\u00e1nh v\u00e0 1.000 ph\u00f2ng giao d\u1ecbch tr\u00ean to\u00e0n qu\u1ed1c. Ng\u00e2n h\u00e0ng ph\u1ee5c v\u1ee5 h\u01a1n 14 tri\u1ec7u kh\u00e1ch h\u00e0ng c\u00e1 nh\u00e2n v\u00e0 doanh nghi\u1ec7p, chi\u1ebfm th\u1ecb ph\u1ea7n \u0111\u00e1ng k\u1ec3 trong l\u0129nh v\u1ef1c t\u00edn d\u1ee5ng v\u00e0 huy \u0111\u1ed9ng v\u1ed1n t\u1ea1i Vi\u1ec7t Nam.<\/p><\/div>

Ch\u1ec9 s\u1ed1<\/th>Gi\u00e1 tr\u1ecb<\/th>So s\u00e1nh ng\u00e0nh<\/th><\/tr><\/thead>
V\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng<\/td>~120.000 t\u1ef7 VND<\/td>Top 5<\/td><\/tr>
T\u1ed5ng t\u00e0i s\u1ea3n<\/td>~1.800.000 t\u1ef7 VND<\/td>Top 3<\/td><\/tr>
ROE<\/td>~15-17%<\/td>Cao h\u01a1n trung b\u00ecnh ng\u00e0nh<\/td><\/tr>
NIM<\/td>~2,8-3,0%<\/td>T\u01b0\u01a1ng \u0111\u01b0\u01a1ng trung b\u00ecnh ng\u00e0nh<\/td><\/tr>
T\u1ef7 l\u1ec7 NPL<\/td>~1,3-1,5%<\/td>T\u1ed1t h\u01a1n trung b\u00ecnh ng\u00e0nh<\/td><\/tr><\/tbody><\/table><\/div><\/div>

V\u1edbi v\u1ecb th\u1ebf l\u00e0 m\u1ed9t ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i nh\u00e0 n\u01b0\u1edbc l\u1edbn, Vietinbank c\u00f3 nh\u1eefng l\u1ee3i th\u1ebf \u0111\u00e1ng k\u1ec3 v\u1ec1 ngu\u1ed3n v\u1ed1n, ti\u1ebfp c\u1eadn c\u00e1c d\u1ef1 \u00e1n l\u1edbn c\u1ee7a ch\u00ednh ph\u1ee7 v\u00e0 m\u1ea1ng l\u01b0\u1edbi kh\u00e1ch h\u00e0ng doanh nghi\u1ec7p r\u1ed9ng l\u1edbn. \u0110i\u1ec1u n\u00e0y t\u1ea1o n\u1ec1n t\u1ea3ng v\u1eefng ch\u1eafc cho s\u1ef1 t\u0103ng tr\u01b0\u1edfng b\u1ec1n v\u1eefng c\u1ee7a ng\u00e2n h\u00e0ng, \u0111\u1ed3ng th\u1eddi \u1ea3nh h\u01b0\u1edfng t\u00edch c\u1ef1c \u0111\u1ebfn gi\u00e1 tr\u1ecb c\u1ee7a c\u1ed5 phi\u1ebfu CTG tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n.<\/p><\/div>

V\u1ecb th\u1ebf c\u1ea1nh tranh c\u1ee7a Vietinbank so v\u1edbi c\u00e1c ng\u00e2n h\u00e0ng kh\u00e1c<\/h3><\/div>

Trong cu\u1ed9c \u0111ua ph\u00e1t tri\u1ec3n c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i, Vietinbank c\u00f3 nh\u1eefng th\u1ebf m\u1ea1nh ri\u00eang. V\u1edbi s\u1ef1 h\u1ed7 tr\u1ee3 t\u1eeb Nh\u00e0 n\u01b0\u1edbc v\u00e0 \u0111\u1ed1i t\u00e1c chi\u1ebfn l\u01b0\u1ee3c Mitsubishi UFJ Financial Group (MUFG) - m\u1ed9t trong nh\u1eefng t\u1eadp \u0111o\u00e0n t\u00e0i ch\u00ednh l\u1edbn nh\u1ea5t Nh\u1eadt B\u1ea3n, Vietinbank \u0111\u00e3 v\u00e0 \u0111ang n\u00e2ng cao kh\u1ea3 n\u0103ng c\u1ea1nh tranh tr\u00ean nhi\u1ec1u m\u1eb7t.<\/p><\/div>

Ti\u00eau ch\u00ed<\/th>Vietinbank (CTG)<\/th>Vietcombank (VCB)<\/th>BIDV (BID)<\/th>Techcombank (TCB)<\/th><\/tr><\/thead>
P\/E (TTM)<\/td>8-10x<\/td>15-18x<\/td>9-11x<\/td>7-9x<\/td><\/tr>
P\/B<\/td>1,4-1,6x<\/td>2,5-3,0x<\/td>1,5-1,8x<\/td>1,2-1,5x<\/td><\/tr>
T\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn<\/td>12-15%<\/td>18-20%<\/td>10-13%<\/td>15-18%<\/td><\/tr>
C\u1ed5 t\u1ee9c<\/td>~8-10%<\/td>~6-8%<\/td>~7-9%<\/td>~2-3%<\/td><\/tr><\/tbody><\/table><\/div><\/div>

Nh\u00ecn v\u00e0o b\u1ea3ng so s\u00e1nh tr\u00ean, c\u1ed5 phi\u1ebfu CTG c\u00f3 \u0111\u1ecbnh gi\u00e1 kh\u00e1 h\u1ea5p d\u1eabn so v\u1edbi m\u1ed9t s\u1ed1 \u0111\u1ed1i th\u1ee7 l\u1edbn trong ng\u00e0nh. M\u1eb7c d\u00f9 P\/E v\u00e0 P\/B th\u1ea5p h\u01a1n Vietcombank - \u0111\u01b0\u1ee3c coi l\u00e0 \"\"blue-chip\"\" trong ng\u00e0nh ng\u00e2n h\u00e0ng, nh\u01b0ng t\u1ef7 su\u1ea5t c\u1ed5 t\u1ee9c c\u1ee7a CTG cao h\u01a1n \u0111\u00e1ng k\u1ec3, thu h\u00fat nh\u00e0 \u0111\u1ea7u t\u01b0 t\u00ecm ki\u1ebfm d\u00f2ng ti\u1ec1n \u1ed5n \u0111\u1ecbnh.<\/p><\/div>

Ph\u00e2n t\u00edch t\u00e0i ch\u00ednh v\u00e0 k\u1ebft qu\u1ea3 kinh doanh c\u1ee7a Vietinbank<\/h2><\/div>

Khi xem x\u00e9t c\u00e2u h\u1ecfi \"\"c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu CTG kh\u00f4ng,\"\" vi\u1ec7c ph\u00e2n t\u00edch t\u00e0i ch\u00ednh v\u00e0 k\u1ebft qu\u1ea3 kinh doanh l\u00e0 \u01b0u ti\u00ean h\u00e0ng \u0111\u1ea7u. Theo c\u00e1c b\u00e1o c\u00e1o t\u00e0i ch\u00ednh m\u1edbi nh\u1ea5t, Vietinbank \u0111\u00e3 ghi nh\u1eadn k\u1ebft qu\u1ea3 kinh doanh t\u00edch c\u1ef1c v\u1edbi s\u1ef1 t\u0103ng tr\u01b0\u1edfng \u1ea5n t\u01b0\u1ee3ng \u1edf m\u1ed9t s\u1ed1 ch\u1ec9 ti\u00eau.<\/p><\/div>

Ch\u1ec9 s\u1ed1<\/th>2023<\/th>2024<\/th>D\u1ef1 b\u00e1o 2025<\/th>T\u0103ng tr\u01b0\u1edfng<\/th><\/tr><\/thead>
Thu nh\u1eadp l\u00e3i thu\u1ea7n<\/td>42.500 t\u1ef7 VND<\/td>47.800 t\u1ef7 VND<\/td>53.000-55.000 t\u1ef7 VND<\/td>~12,5%\/n\u0103m<\/td><\/tr>
Thu nh\u1eadp ngo\u00e0i l\u00e3i<\/td>10.200 t\u1ef7 VND<\/td>12.500 t\u1ef7 VND<\/td>14.000-15.000 t\u1ef7 VND<\/td>~15-18%\/n\u0103m<\/td><\/tr>
L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf<\/td>18.500 t\u1ef7 VND<\/td>21.300 t\u1ef7 VND<\/td>23.500-25.000 t\u1ef7 VND<\/td>~13-15%\/n\u0103m<\/td><\/tr>
T\u1ed5ng t\u00e0i s\u1ea3n<\/td>1.740.000 t\u1ef7 VND<\/td>1.810.000 t\u1ef7 VND<\/td>~1.950.000 t\u1ef7 VND<\/td>~7-8%\/n\u0103m<\/td><\/tr>
T\u00edn d\u1ee5ng<\/td>1.250.000 t\u1ef7 VND<\/td>1.340.000 t\u1ef7 VND<\/td>~1.450.000 t\u1ef7 VND<\/td>~8-9%\/n\u0103m<\/td><\/tr><\/tbody><\/table><\/div><\/div>

C\u00e1c con s\u1ed1 cho th\u1ea5y Vietinbank \u0111ang duy tr\u00ec s\u1ef1 t\u0103ng tr\u01b0\u1edfng \u1ed5n \u0111\u1ecbnh c\u1ea3 v\u1ec1 thu nh\u1eadp l\u00e3i thu\u1ea7n v\u00e0 thu nh\u1eadp ngo\u00e0i l\u00e3i. \u0110\u1eb7c bi\u1ec7t, s\u1ef1 gia t\u0103ng m\u1ea1nh m\u1ebd c\u1ee7a thu nh\u1eadp ngo\u00e0i l\u00e3i cho th\u1ea5y chi\u1ebfn l\u01b0\u1ee3c \u0111a d\u1ea1ng h\u00f3a thu nh\u1eadp hi\u1ec7u qu\u1ea3 c\u1ee7a ng\u00e2n h\u00e0ng. \u0110\u00e2y l\u00e0 y\u1ebfu t\u1ed1 t\u00edch c\u1ef1c cho tri\u1ec3n v\u1ecdng d\u00e0i h\u1ea1n c\u1ee7a c\u1ed5 phi\u1ebfu CTG.<\/p><\/div>

Ch\u1ea5t l\u01b0\u1ee3ng t\u00e0i s\u1ea3n v\u00e0 qu\u1ea3n l\u00fd r\u1ee7i ro<\/h3><\/div>

Trong ng\u00e0nh ng\u00e2n h\u00e0ng, ch\u1ea5t l\u01b0\u1ee3ng t\u00e0i s\u1ea3n v\u00e0 kh\u1ea3 n\u0103ng qu\u1ea3n l\u00fd r\u1ee7i ro l\u00e0 nh\u1eefng y\u1ebfu t\u1ed1 then ch\u1ed1t quy\u1ebft \u0111\u1ecbnh s\u1ef1 ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng. Vietinbank \u0111\u00e3 c\u00f3 nh\u1eefng c\u1ea3i thi\u1ec7n \u0111\u00e1ng k\u1ec3 trong vi\u1ec7c ki\u1ec3m so\u00e1t n\u1ee3 x\u1ea5u v\u00e0 t\u0103ng c\u01b0\u1eddng d\u1ef1 ph\u00f2ng.<\/p><\/div>