{"id":324173,"date":"2025-07-31T12:38:25","date_gmt":"2025-07-31T12:38:25","guid":{"rendered":"https:\/\/pocketoption.com\/blog\/news-events\/data\/should-i-buy-ssi-stock-2\/"},"modified":"2025-07-31T12:38:25","modified_gmt":"2025-07-31T12:38:25","slug":"should-i-buy-ssi-stock","status":"publish","type":"post","link":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/","title":{"rendered":"C\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI trong giai \u0111o\u1ea1n 2024-2025: Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam"},"content":{"rendered":"<div id=\"root\"><div id=\"wrap-img-root\"><\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":45,"featured_media":213130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-324173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learning"],"acf":{"h1":"Pocket Option ph\u00e2n t\u00edch li\u1ec7u c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI: C\u01a1 h\u1ed9i t\u0103ng tr\u01b0\u1edfng 2024-2025","h1_source":{"label":"H1","type":"text","formatted_value":"Pocket Option ph\u00e2n t\u00edch li\u1ec7u c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI: C\u01a1 h\u1ed9i t\u0103ng tr\u01b0\u1edfng 2024-2025"},"description":"T\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI kh\u00f4ng? Kh\u00e1m ph\u00e1 ph\u00e2n t\u00edch chuy\u00ean s\u00e2u, \u0111\u00e1nh gi\u00e1 ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng 40-50%, v\u00e0 c\u00e1c chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 cho t\u1eebng giai \u0111o\u1ea1n v\u1edbi SSI tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam 2024-2025 t\u1eeb Pocket Option","description_source":{"label":"Description","type":"textarea","formatted_value":"T\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI kh\u00f4ng? Kh\u00e1m ph\u00e1 ph\u00e2n t\u00edch chuy\u00ean s\u00e2u, \u0111\u00e1nh gi\u00e1 ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng 40-50%, v\u00e0 c\u00e1c chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 cho t\u1eebng giai \u0111o\u1ea1n v\u1edbi SSI tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam 2024-2025 t\u1eeb Pocket Option"},"intro":"Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam n\u0103m 2024 \u0111ang tr\u1ea3i qua nh\u1eefng bi\u1ebfn \u0111\u1ed9ng \u0111\u00e1ng k\u1ec3, khi\u1ebfn c\u00e2u h\u1ecfi \"t\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI\" tr\u1edf n\u00ean c\u1ea5p b\u00e1ch \u0111\u1ed1i v\u1edbi nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0. B\u00e0i vi\u1ebft n\u00e0y cung c\u1ea5p ph\u00e2n t\u00edch to\u00e0n di\u1ec7n v\u1ec1 c\u1ed5 phi\u1ebfu SSI t\u1eeb g\u00f3c \u0111\u1ed9 t\u00e0i ch\u00ednh, k\u1ef9 thu\u1eadt v\u00e0 kinh t\u1ebf v\u0129 m\u00f4, \u0111\u01b0a ra c\u00e1c chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 c\u1ee5 th\u1ec3 cho t\u1eebng giai \u0111o\u1ea1n c\u1ee7a n\u0103m 2024-2025, gi\u00fap b\u1ea1n n\u1eafm b\u1eaft c\u01a1 h\u1ed9i t\u0103ng tr\u01b0\u1edfng ti\u1ec1m n\u0103ng t\u1eeb 40-50% trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng h\u01b0\u1edbng t\u1edbi n\u00e2ng c\u1ea5p.","intro_source":{"label":"Intro","type":"text","formatted_value":"Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam n\u0103m 2024 \u0111ang tr\u1ea3i qua nh\u1eefng bi\u1ebfn \u0111\u1ed9ng \u0111\u00e1ng k\u1ec3, khi\u1ebfn c\u00e2u h\u1ecfi \"t\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI\" tr\u1edf n\u00ean c\u1ea5p b\u00e1ch \u0111\u1ed1i v\u1edbi nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0. B\u00e0i vi\u1ebft n\u00e0y cung c\u1ea5p ph\u00e2n t\u00edch to\u00e0n di\u1ec7n v\u1ec1 c\u1ed5 phi\u1ebfu SSI t\u1eeb g\u00f3c \u0111\u1ed9 t\u00e0i ch\u00ednh, k\u1ef9 thu\u1eadt v\u00e0 kinh t\u1ebf v\u0129 m\u00f4, \u0111\u01b0a ra c\u00e1c chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 c\u1ee5 th\u1ec3 cho t\u1eebng giai \u0111o\u1ea1n c\u1ee7a n\u0103m 2024-2025, gi\u00fap b\u1ea1n n\u1eafm b\u1eaft c\u01a1 h\u1ed9i t\u0103ng tr\u01b0\u1edfng ti\u1ec1m n\u0103ng t\u1eeb 40-50% trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng h\u01b0\u1edbng t\u1edbi n\u00e2ng c\u1ea5p."},"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 SSI v\u00e0 C\u00f4ng ty C\u1ed5 ph\u1ea7n Ch\u1ee9ng kho\u00e1n SSI n\u0103m 2024<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u00f4ng ty C\u1ed5 ph\u1ea7n Ch\u1ee9ng kho\u00e1n SSI \u0111\u00e3 kh\u1eb3ng \u0111\u1ecbnh v\u1ecb th\u1ebf l\u00e0 m\u1ed9t c\u00f4ng ty ch\u1ee9ng kho\u00e1n h\u00e0ng \u0111\u1ea7u t\u1ea1i Vi\u1ec7t Nam k\u1ec3 t\u1eeb khi th\u00e0nh l\u1eadp v\u00e0o n\u0103m 1999. Sau 25 n\u0103m ho\u1ea1t \u0111\u1ed9ng, SSI kh\u00f4ng ch\u1ec9 l\u00e0 m\u1ed9t th\u01b0\u01a1ng hi\u1ec7u uy t\u00edn trong l\u0129nh v\u1ef1c t\u00e0i ch\u00ednh m\u00e0 c\u00f2n l\u00e0 ng\u01b0\u1eddi ti\u00ean phong trong vi\u1ec7c cung c\u1ea5p c\u00e1c d\u1ecbch v\u1ee5 chuy\u00ean nghi\u1ec7p \u0111a d\u1ea1ng: m\u00f4i gi\u1edbi ch\u1ee9ng kho\u00e1n, t\u01b0 v\u1ea5n \u0111\u1ea7u t\u01b0, ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 v\u00e0 qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Khi \u0111\u00e1nh gi\u00e1&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI hay kh\u00f4ng<\/b>, \u0111i\u1ec1u quan tr\u1ecdng l\u00e0 ph\u1ea3i hi\u1ec3u r\u00f5 v\u1ecb th\u1ebf c\u1ea1nh tranh c\u1ee7a c\u00f4ng ty trong ng\u00e0nh. T\u00ednh \u0111\u1ebfn qu\u00fd 2\/2024, SSI li\u00ean t\u1ee5c duy tr\u00ec v\u1ecb tr\u00ed trong top 3 c\u00f4ng ty ch\u1ee9ng kho\u00e1n c\u00f3 th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi l\u1edbn nh\u1ea5t t\u1ea1i Vi\u1ec7t Nam (10,2%), c\u1ea1nh tranh tr\u1ef1c ti\u1ebfp v\u1edbi VPS (15,8%), VNDirect (8,5%) v\u00e0 Ch\u1ee9ng kho\u00e1n Techcombank (7,3%).<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Ti\u00eau ch\u00ed<\/th><th>Th\u00f4ng tin c\u1ee5 th\u1ec3 (2024)<\/th><\/tr><\/thead><tbody><tr><td>M\u00e3 c\u1ed5 phi\u1ebfu<\/td><td>SSI (ni\u00eam y\u1ebft t\u1eeb n\u0103m 2007)<\/td><\/tr><tr><td>S\u00e0n ni\u00eam y\u1ebft<\/td><td>HOSE (HoSE)<\/td><\/tr><tr><td>N\u0103m th\u00e0nh l\u1eadp<\/td><td>1999 (25 n\u0103m ho\u1ea1t \u0111\u1ed9ng)<\/td><\/tr><tr><td>L\u0129nh v\u1ef1c kinh doanh ch\u00ednh<\/td><td>M\u00f4i gi\u1edbi ch\u1ee9ng kho\u00e1n (45% doanh thu), t\u1ef1 doanh (30%), t\u01b0 v\u1ea5n t\u00e0i ch\u00ednh (15%), d\u1ecbch v\u1ee5 k\u00fd qu\u1ef9 (10%)<\/td><\/tr><tr><td>V\u1ed1n \u0111i\u1ec1u l\u1ec7<\/td><td>15.237 t\u1ef7 \u0111\u1ed3ng (t\u0103ng 20% so v\u1edbi n\u0103m 2022)<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>SSI n\u1ed5i b\u1eadt v\u1edbi m\u00f4 h\u00ecnh kinh doanh \u0111a d\u1ea1ng, kh\u00f4ng ch\u1ec9 t\u1eadp trung v\u00e0o m\u00f4i gi\u1edbi nh\u01b0 nhi\u1ec1u \u0111\u1ed1i th\u1ee7 c\u1ea1nh tranh. Theo b\u00e1o c\u00e1o t\u00e0i ch\u00ednh qu\u00fd 2\/2024, c\u00f4ng ty \u0111\u00e3 ph\u00e1t tri\u1ec3n m\u1ea1nh m\u1ebd d\u1ecbch v\u1ee5 t\u1ef1 doanh v\u00e0 ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0, gi\u00fap gi\u1ea3m s\u1ef1 ph\u1ee5 thu\u1ed9c v\u00e0o bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng. \u0110\u00e2y l\u00e0 l\u1ee3i th\u1ebf c\u1ea1nh tranh quan tr\u1ecdng c\u1ee7a SSI, \u0111\u1eb7c bi\u1ec7t trong c\u00e1c giai \u0111o\u1ea1n thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng th\u1ea5p.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Ph\u00e2n t\u00edch t\u00e0i ch\u00ednh v\u00e0 hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a SSI: 2022-2024<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110\u1ec3 tr\u1ea3 l\u1eddi c\u00e2u h\u1ecfi&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI hay kh\u00f4ng<\/b>, ch\u00fang ta c\u1ea7n ph\u00e2n t\u00edch chi ti\u1ebft c\u00e1c con s\u1ed1 t\u00e0i ch\u00ednh c\u1ee7a c\u00f4ng ty. \u0110\u1eb7c bi\u1ec7t sau s\u1ef1 suy tho\u00e1i c\u1ee7a th\u1ecb tr\u01b0\u1eddng n\u0103m 2022, SSI \u0111\u00e3 cho th\u1ea5y s\u1ef1 ph\u1ee5c h\u1ed3i v\u00e0 t\u0103ng tr\u01b0\u1edfng \u1ea5n t\u01b0\u1ee3ng v\u1edbi k\u1ebft qu\u1ea3 kinh doanh trong 6 th\u00e1ng \u0111\u1ea7u n\u0103m 2024.<\/p><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>C\u00e1c ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh ch\u00ednh 2022-2024<\/h3><\/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<\/th><th>2022<\/th><th>2023<\/th><th>Q1-Q2\/2024<\/th><\/tr><\/thead><tbody><tr><td>Doanh thu<\/td><td>3.168 t\u1ef7 \u0111\u1ed3ng (-32%)<\/td><td>4.052 t\u1ef7 \u0111\u1ed3ng (+27,9%)<\/td><td>2.503 t\u1ef7 \u0111\u1ed3ng (+23,8% YoY)<\/td><\/tr><tr><td>L\u1ee3i nhu\u1eadn r\u00f2ng<\/td><td>1.147 t\u1ef7 \u0111\u1ed3ng (-45%)<\/td><td>1.576 t\u1ef7 \u0111\u1ed3ng (+37,4%)<\/td><td>946 t\u1ef7 \u0111\u1ed3ng (+34,2% YoY)<\/td><\/tr><tr><td>ROE<\/td><td>7,8%<\/td><td>13,5%<\/td><td>15,7% (d\u1ef1 b\u00e1o cho c\u1ea3 n\u0103m 2024)<\/td><\/tr><tr><td>Th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi<\/td><td>9,3% (Top 3)<\/td><td>9,8% (Top 3)<\/td><td>10,2% (Top 3)<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Ph\u00e2n t\u00edch d\u1eef li\u1ec7u tr\u00ean cho th\u1ea5y SSI \u0111ang trong xu h\u01b0\u1edbng t\u0103ng tr\u01b0\u1edfng r\u00f5 r\u00e0ng. \u0110\u1eb7c bi\u1ec7t, ROE \u0111\u00e3 c\u1ea3i thi\u1ec7n t\u1eeb 7,8% n\u0103m 2022 l\u00ean 15,7% (d\u1ef1 b\u00e1o cho 2024), v\u01b0\u1ee3t trung b\u00ecnh ng\u00e0nh kho\u1ea3ng 2,3 \u0111i\u1ec3m ph\u1ea7n tr\u0103m. Theo c\u00e1c chuy\u00ean gia t\u1ea1i&nbsp;<b>Pocket Option<\/b>, \u0111\u00e2y l\u00e0 d\u1ea5u hi\u1ec7u t\u00edch c\u1ef1c cho th\u1ea5y hi\u1ec7u qu\u1ea3 s\u1eed d\u1ee5ng v\u1ed1n c\u1ee7a c\u00f4ng ty \u0111ang \u0111\u01b0\u1ee3c c\u1ea3i thi\u1ec7n \u0111\u00e1ng k\u1ec3.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u01a1 c\u1ea5u doanh thu c\u1ee7a SSI trong qu\u00fd 2\/2024 cho th\u1ea5y s\u1ef1 c\u00e2n b\u1eb1ng t\u1ed1t gi\u1eefa c\u00e1c m\u1ea3ng kinh doanh:<\/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'>D\u1ecbch v\u1ee5 m\u00f4i gi\u1edbi ch\u1ee9ng kho\u00e1n: 45,3% (t\u0103ng 2,1% so v\u1edbi 2023)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u1ef1 doanh: 30,2% (gi\u1ea3m 1,5% so v\u1edbi 2023)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>D\u1ecbch v\u1ee5 ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0: 14,8% (t\u0103ng 3,2% so v\u1edbi 2023)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Qu\u1ea3n l\u00fd qu\u1ef9 v\u00e0 t\u00e0i s\u1ea3n: 6,5% (kh\u00f4ng thay \u0111\u1ed5i)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Thu nh\u1eadp t\u1eeb cho vay k\u00fd qu\u1ef9: 10,4% (t\u0103ng 0,8% so v\u1edbi 2023)<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110\u00e1ng ch\u00fa \u00fd, m\u1ea3ng d\u1ecbch v\u1ee5 ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 \u0111\u00e3 t\u0103ng 3,2% trong c\u01a1 c\u1ea5u doanh thu, ph\u1ea3n \u00e1nh chi\u1ebfn l\u01b0\u1ee3c \u0111a d\u1ea1ng h\u00f3a hi\u1ec7u qu\u1ea3 c\u1ee7a SSI. Theo b\u00e1o c\u00e1o t\u1eeb&nbsp;<b>Pocket Option<\/b>, \u0111\u00e2y l\u00e0 xu h\u01b0\u1edbng t\u00edch c\u1ef1c gi\u00fap SSI gi\u1ea3m s\u1ef1 ph\u1ee5 thu\u1ed9c v\u00e0o bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng m\u00f4i gi\u1edbi, \u0111\u1eb7c bi\u1ec7t trong c\u00e1c giai \u0111o\u1ea1n thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng th\u1ea5p nh\u01b0 n\u1eeda \u0111\u1ea7u n\u0103m 2023.<\/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 bi\u1ebfn \u0111\u1ed9ng gi\u00e1 c\u1ed5 phi\u1ebfu SSI: Xu h\u01b0\u1edbng 2024-2025<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 k\u1ef9 thu\u1eadt, vi\u1ec7c ph\u00e2n t\u00edch bi\u1ec3u \u0111\u1ed3 gi\u00e1 v\u00e0 c\u00e1c ch\u1ec9 b\u00e1o k\u1ef9 thu\u1eadt l\u00e0 y\u1ebfu t\u1ed1 quy\u1ebft \u0111\u1ecbnh khi xem x\u00e9t&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI<\/b>&nbsp;trong giai \u0111o\u1ea1n t\u1eeb cu\u1ed1i 2024 \u0111\u1ebfn \u0111\u1ea7u 2025.<\/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 quan tr\u1ecdng (C\u1eadp nh\u1eadt Q3\/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>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt<\/th><\/tr><\/thead><tbody><tr><td>Kh\u00e1ng c\u1ef1 m\u1ea1nh<\/td><td>35.200 - 35.800<\/td><td>V\u00f9ng \u0111\u1ec9nh l\u1ecbch s\u1eed 2021-2022, kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch gi\u1ea3m \u0111\u00e1ng k\u1ec3 khi ti\u1ebfp c\u1eadn v\u00f9ng n\u00e0y<\/td><\/tr><tr><td>Kh\u00e1ng c\u1ef1 trung b\u00ecnh<\/td><td>28.500 - 29.700<\/td><td>V\u00f9ng t\u00edch l\u0169y Q2\/2024, v\u1edbi 3 l\u1ea7n th\u1eed nghi\u1ec7m kh\u00f4ng th\u00e0nh c\u00f4ng<\/td><\/tr><tr><td>H\u1ed7 tr\u1ee3 quan tr\u1ecdng<\/td><td>22.300 - 22.800<\/td><td>V\u00f9ng t\u00edch l\u0169y \u0111\u1ea7u 2024, kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch t\u0103ng 45% khi gi\u00e1 ch\u1ea1m v\u00f9ng n\u00e0y<\/td><\/tr><tr><td>H\u1ed7 tr\u1ee3 m\u1ea1nh<\/td><td>18.200 - 18.900<\/td><td>V\u00f9ng \u0111\u00e1y Q3\/2023, t\u01b0\u01a1ng \u1ee9ng v\u1edbi MA200 hi\u1ec7n t\u1ea1i<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt t\u1eeb c\u00e1c chuy\u00ean gia&nbsp;<b>Pocket Option<\/b>&nbsp;cho th\u1ea5y c\u1ed5 phi\u1ebfu SSI \u0111\u00e3 h\u00ecnh th\u00e0nh m\u00f4 h\u00ecnh tam gi\u00e1c \u0111\u1ed1i x\u1ee9ng t\u1eeb th\u00e1ng 3\/2024, v\u1edbi \u0111\u00e1y tam gi\u00e1c t\u1ea1i 22.500 \u0111\u1ed3ng v\u00e0 \u0111\u1ec9nh t\u1ea1i 29.700 \u0111\u1ed3ng. \u0110\u00e2y th\u01b0\u1eddng l\u00e0 d\u1ea5u hi\u1ec7u c\u1ee7a m\u1ed9t s\u1ef1 \u0111\u1ed9t ph\u00e1 s\u1eafp t\u1edbi, \u0111\u1eb7c bi\u1ec7t khi kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch t\u0103ng 32% trong th\u00e1ng 9\/2024 so v\u1edbi trung b\u00ecnh 3 th\u00e1ng tr\u01b0\u1edbc \u0111\u00f3.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean ch\u00fa \u00fd \u0111\u1ebfn c\u00e1c ch\u1ec9 b\u00e1o k\u1ef9 thu\u1eadt quan tr\u1ecdng sau khi \u0111\u00e1nh gi\u00e1 SSI:<\/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\u01b0\u1eddng MA50 (26.400 \u0111\u1ed3ng) \u0111\u00e3 c\u1eaft l\u00ean tr\u00ean MA200 (25.100 \u0111\u1ed3ng) v\u00e0o th\u00e1ng 8\/2024, t\u1ea1o t\u00edn hi\u1ec7u giao c\u1eaft v\u00e0ng<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ch\u1ec9 b\u00e1o RSI hi\u1ec7n t\u1ea1i \u1edf m\u1ee9c 57, ch\u01b0a v\u00e0o v\u00f9ng qu\u00e1 mua (&gt;70)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>MACD \u0111ang trong xu h\u01b0\u1edbng t\u0103ng v\u1edbi \u0111\u01b0\u1eddng MACD c\u1eaft l\u00ean tr\u00ean \u0111\u01b0\u1eddng t\u00edn hi\u1ec7u t\u1eeb gi\u1eefa th\u00e1ng 7\/2024<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch trung b\u00ecnh 10 phi\u00ean g\u1ea7n nh\u1ea5t \u0111\u1ea1t 2,3 tri\u1ec7u c\u1ed5 phi\u1ebfu\/phi\u00ean, cao h\u01a1n 28% so v\u1edbi trung b\u00ecnh 30 phi\u00ean<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Theo d\u1eef li\u1ec7u t\u1eeb S\u1edf Giao d\u1ecbch Ch\u1ee9ng kho\u00e1n TP.HCM, nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i \u0111\u00e3 mua r\u00f2ng 135 t\u1ef7 \u0111\u1ed3ng c\u1ed5 phi\u1ebfu SSI trong qu\u00fd 2\/2024, \u0111\u1ea3o ng\u01b0\u1ee3c xu h\u01b0\u1edbng sau 3 qu\u00fd li\u00ean ti\u1ebfp b\u00e1n r\u00f2ng. \u0110\u00e2y c\u00f3 th\u1ec3 l\u00e0 t\u00edn hi\u1ec7u t\u00edch c\u1ef1c cho th\u1ea5y s\u1ef1 quan t\u00e2m tr\u1edf l\u1ea1i c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>C\u00e1c y\u1ebfu t\u1ed1 v\u0129 m\u00f4 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu SSI trong 2024-2025<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Khi xem x\u00e9t c\u00e2u h\u1ecfi&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI hay kh\u00f4ng<\/b>, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n ph\u00e2n t\u00edch c\u00e1c y\u1ebfu t\u1ed1 v\u0129 m\u00f4 \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn ho\u1ea1t \u0111\u1ed9ng kinh doanh v\u00e0 gi\u00e1 c\u1ed5 phi\u1ebfu c\u1ee7a c\u00f4ng ty trong giai \u0111o\u1ea1n 2024-2025.<\/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 v\u0129 m\u00f4<\/th><th>\u1ea2nh h\u01b0\u1edfng c\u1ee5 th\u1ec3 \u0111\u1ebfn SSI<\/th><th>D\u1ef1 b\u00e1o 2024-2025<\/th><\/tr><\/thead><tbody><tr><td>L\u00e3i su\u1ea5t ng\u00e2n h\u00e0ng<\/td><td>- Gi\u1ea3m chi ph\u00ed v\u1ed1n cho ho\u1ea1t \u0111\u1ed9ng k\u00fd qu\u1ef9- T\u0103ng bi\u00ean l\u1ee3i nhu\u1eadn t\u1eeb cho vay k\u00fd qu\u1ef9- H\u1ed7 tr\u1ee3 giao d\u1ecbch tr\u00e1i phi\u1ebfu t\u1ef1 doanh<\/td><td>D\u1ef1 b\u00e1o gi\u1ea3m 0,5-0,75% v\u00e0o cu\u1ed1i 2024<\/td><\/tr><tr><td>Thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n<\/td><td>- \u1ea2nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn ph\u00ed giao d\u1ecbch m\u00f4i gi\u1edbi (45% doanh thu)- \u1ea2nh h\u01b0\u1edfng \u0111\u1ebfn nhu c\u1ea7u d\u1ecbch v\u1ee5 k\u00fd qu\u1ef9<\/td><td>D\u1ef1 b\u00e1o t\u0103ng 25-30% trong Q4\/2024 v\u00e0 Q1\/2025<\/td><\/tr><tr><td>Ch\u00ednh s\u00e1ch qu\u1ea3n l\u00fd th\u1ecb tr\u01b0\u1eddng c\u1ee7a UBCK<\/td><td>- Quy \u0111\u1ecbnh m\u1edbi v\u1ec1 t\u1ef7 l\u1ec7 k\u00fd qu\u1ef9 (Th\u00f4ng t\u01b0 15\/2024)- Ti\u00eau chu\u1ea9n n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng<\/td><td>D\u1ef1 ki\u1ebfn n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng l\u00ean th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i v\u00e0o 2025-2026<\/td><\/tr><tr><td>T\u0103ng tr\u01b0\u1edfng GDP v\u00e0 \u0111i\u1ec1u ki\u1ec7n kinh t\u1ebf v\u0129 m\u00f4<\/td><td>- D\u1ef1 b\u00e1o GDP Vi\u1ec7t Nam t\u0103ng 6,8-7,0% trong 2024- \u1ea2nh h\u01b0\u1edfng t\u00edch c\u1ef1c \u0111\u1ebfn d\u00f2ng ti\u1ec1n v\u00e0o th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n<\/td><td>T\u0103ng tr\u01b0\u1edfng kinh t\u1ebf \u1ed5n \u0111\u1ecbnh, CPI d\u01b0\u1edbi 4%<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Theo ph\u00e2n t\u00edch c\u1ee7a c\u00e1c chuy\u00ean gia t\u1ea1i&nbsp;<b>Pocket Option<\/b>, ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 n\u1edbi l\u1ecfng c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc trong n\u0103m 2024 \u0111ang t\u1ea1o \u0111i\u1ec1u ki\u1ec7n thu\u1eadn l\u1ee3i cho c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n, \u0111\u1eb7c bi\u1ec7t l\u00e0 SSI v\u1edbi quy m\u00f4 v\u1ed1n l\u1edbn. C\u1ee5 th\u1ec3, l\u00e3i su\u1ea5t ti\u1ec1n g\u1eedi k\u1ef3 h\u1ea1n 12 th\u00e1ng t\u1ea1i c\u00e1c ng\u00e2n h\u00e0ng l\u1edbn \u0111\u00e3 gi\u1ea3m t\u1eeb 5,5% \u0111\u1ea7u n\u0103m xu\u1ed1ng kho\u1ea3ng 4,7-4,9% v\u00e0o th\u00e1ng 9\/2024, gi\u00fap SSI ti\u1ebft ki\u1ec7m chi ph\u00ed v\u1ed1n kho\u1ea3ng 0,6-0,8% m\u1ed7i n\u0103m.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110\u00e1ng ch\u00fa \u00fd nh\u1ea5t l\u00e0 d\u1ef1 \u00e1n n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam t\u1eeb th\u1ecb tr\u01b0\u1eddng c\u1eadn bi\u00ean l\u00ean th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i. Theo l\u1ed9 tr\u00ecnh c\u1ee7a UBCK, Vi\u1ec7t Nam \u0111ang n\u1ed7 l\u1ef1c \u0111\u00e1p \u1ee9ng c\u00e1c ti\u00eau ch\u00ed n\u00e2ng h\u1ea1ng v\u00e0o 2025-2026. N\u1ebfu th\u00e0nh c\u00f4ng, SSI s\u1ebd l\u00e0 m\u1ed9t trong nh\u1eefng b\u00ean h\u01b0\u1edfng l\u1ee3i l\u1edbn nh\u1ea5t v\u1edbi d\u1ef1 b\u00e1o d\u00f2ng v\u1ed1n ngo\u1ea1i c\u00f3 th\u1ec3 \u0111\u1ea1t 5-7 t\u1ef7 USD trong 12 th\u00e1ng sau khi n\u00e2ng h\u1ea1ng, theo b\u00e1o c\u00e1o t\u1eeb Dragon Capital.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>So s\u00e1nh SSI v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7 trong ng\u00e0nh: V\u1ecb th\u1ebf c\u1ea1nh tranh 2024<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu SSI, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n \u0111\u00e1nh gi\u00e1 v\u1ecb th\u1ebf c\u1ea1nh tranh c\u1ee7a c\u00f4ng ty so v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7 l\u1edbn trong ng\u00e0nh ch\u1ee9ng kho\u00e1n 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>Ch\u1ec9 s\u1ed1 (Q2\/2024)<\/th><th>SSI<\/th><th>VND<\/th><th>VCI<\/th><th>HCM<\/th><\/tr><\/thead><tbody><tr><td>P\/E (TTM)<\/td><td>13,2x<\/td><td>14,7x<\/td><td>11,3x<\/td><td>15,2x<\/td><\/tr><tr><td>P\/B hi\u1ec7n t\u1ea1i<\/td><td>1,32x<\/td><td>1,45x<\/td><td>1,21x<\/td><td>1,41x<\/td><\/tr><tr><td>ROE (4 qu\u00fd g\u1ea7n nh\u1ea5t)<\/td><td>15,7%<\/td><td>16,2%<\/td><td>13,1%<\/td><td>14,3%<\/td><\/tr><tr><td>Th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi (Q2\/2024)<\/td><td>10,2%<\/td><td>8,5%<\/td><td>5,3%<\/td><td>7,1%<\/td><\/tr><tr><td>V\u1ed1n \u0111i\u1ec1u l\u1ec7 (t\u1ef7 VND)<\/td><td>15.237<\/td><td>12.376<\/td><td>4.421<\/td><td>7.325<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>T\u1eeb b\u1ea3ng so s\u00e1nh tr\u00ean, c\u00f3 th\u1ec3 th\u1ea5y SSI c\u00f3 \u0111\u1ecbnh gi\u00e1 P\/E l\u00e0 13,2x, th\u1ea5p h\u01a1n VND (14,7x) v\u00e0 HCM (15,2x), nh\u01b0ng cao h\u01a1n VCI (11,3x). V\u1edbi ROE 15,7%, SSI ch\u1ec9 th\u1ea5p h\u01a1n VND (16,2%) m\u1ed9t ch\u00fat nh\u01b0ng v\u01b0\u1ee3t tr\u1ed9i so v\u1edbi VCI v\u00e0 HCM. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y SSI c\u00f3 \u0111\u1ecbnh gi\u00e1 h\u1ee3p l\u00fd so v\u1edbi hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng v\u00e0 ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>L\u1ee3i th\u1ebf c\u1ea1nh tranh c\u1ee7a SSI so v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7 trong n\u0103m 2024:<\/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'>V\u1ed1n \u0111i\u1ec1u l\u1ec7 l\u1edbn nh\u1ea5t ng\u00e0nh (15.237 t\u1ef7 VND), cao h\u01a1n VND 23% v\u00e0 HCM 108%<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1ea7u t\u01b0 m\u1ea1nh v\u00e0o c\u00f4ng ngh\u1ec7 v\u1edbi SSI Pro Trading 3.0 (ra m\u1eaft Q1\/2024), t\u0103ng t\u1ed1c \u0111\u1ed9 x\u1eed l\u00fd l\u1ec7nh 40%<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>M\u1ea1ng l\u01b0\u1edbi 14 chi nh\u00e1nh v\u00e0 20 ph\u00f2ng giao d\u1ecbch tr\u00ean to\u00e0n qu\u1ed1c, nhi\u1ec1u h\u01a1n VCI (9 chi nh\u00e1nh) v\u00e0 HCM (10 chi nh\u00e1nh)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1ed9i ng\u0169 ph\u00e2n t\u00edch v\u1edbi 35 chuy\u00ean gia, \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 top 1 v\u1ec1 ch\u1ea5t l\u01b0\u1ee3ng b\u00e1o c\u00e1o theo kh\u1ea3o s\u00e1t Vietstock 2023<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1ed1i t\u00e1c chi\u1ebfn l\u01b0\u1ee3c qu\u1ed1c t\u1ebf t\u1eeb Nh\u1eadt B\u1ea3n (Daiwa Securities) h\u1ed7 tr\u1ee3 ph\u00e1t tri\u1ec3n s\u1ea3n ph\u1ea9m v\u00e0 ti\u1ebfp c\u1eadn kh\u00e1ch h\u00e0ng qu\u1ed1c t\u1ebf<\/li><\/ul><\/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 v\u1edbi c\u1ed5 phi\u1ebfu SSI cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam 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 v\u1ec1 SSI, d\u01b0\u1edbi \u0111\u00e2y l\u00e0 c\u00e1c chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 c\u1ee5 th\u1ec3 cho c\u00e1c nh\u00f3m nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam trong giai \u0111o\u1ea1n 2024-2025.<\/p><\/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 theo khung th\u1eddi gian v\u00e0 lo\u1ea1i nh\u00e0 \u0111\u1ea7u t\u01b0<\/h3><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Khung th\u1eddi gian<\/th><th>Chi\u1ebfn l\u01b0\u1ee3c c\u1ee5 th\u1ec3<\/th><th>L\u01b0u \u00fd quan tr\u1ecdng<\/th><\/tr><\/thead><tbody><tr><td>Ng\u1eafn h\u1ea1n (1-3 th\u00e1ng)<\/td><td>- Mua t\u1ea1i v\u00f9ng h\u1ed7 tr\u1ee3 22.300-22.800 \u0111\u1ed3ng- \u0110\u1eb7t m\u1ee5c ti\u00eau l\u1ee3i nhu\u1eadn 10-15% (25.000-26.000 \u0111\u1ed3ng)- C\u1eaft l\u1ed7 t\u1ea1i 21.500 \u0111\u1ed3ng (-3,5%)<\/td><td>- Theo d\u00f5i kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch b\u1ea5t th\u01b0\u1eddng- Ch\u00fa \u00fd b\u00e1o c\u00e1o k\u1ebft qu\u1ea3 kinh doanh Q3\/2024 (d\u1ef1 ki\u1ebfn gi\u1eefa th\u00e1ng 10)<\/td><\/tr><tr><td>Trung h\u1ea1n (3-12 th\u00e1ng)<\/td><td>- Ph\u00e2n b\u1ed5 v\u1ed1n th\u00e0nh 3 giai \u0111o\u1ea1n: 40% t\u1ea1i v\u00f9ng 22.300-23.000; 30% t\u1ea1i 24.000-24.500; 30% khi x\u00e1c nh\u1eadn xu h\u01b0\u1edbng t\u0103ng- M\u1ee5c ti\u00eau: 28.500-29.700 \u0111\u1ed3ng (+25-30%)<\/td><td>- \u0110\u00e1nh gi\u00e1 l\u1ea1i chi\u1ebfn l\u01b0\u1ee3c sau m\u1ed7i b\u00e1o c\u00e1o t\u00e0i ch\u00ednh qu\u00fd- Theo d\u00f5i thay \u0111\u1ed5i h\u00e0ng th\u00e1ng trong th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi<\/td><\/tr><tr><td>D\u00e0i h\u1ea1n (&gt;12 th\u00e1ng)<\/td><td>- T\u00edch l\u0169y d\u1ea7n trong kho\u1ea3ng gi\u00e1 22.000-26.000 \u0111\u1ed3ng- M\u1ee5c ti\u00eau 2025: 32.000-35.000 \u0111\u1ed3ng (+40-50%)- Xem x\u00e9t chi\u1ebfn l\u01b0\u1ee3c DCA h\u00e0ng th\u00e1ng v\u1edbi 5-10% v\u1ed1n \u0111\u1ea7u t\u01b0<\/td><td>- Ch\u00fa \u00fd ti\u1ebfn \u0111\u1ed9 n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng- Theo d\u00f5i chi\u1ebfn l\u01b0\u1ee3c m\u1edf r\u1ed9ng th\u1ecb ph\u1ea7n c\u1ee7a SSI- \u0110\u00e1nh gi\u00e1 kh\u1ea3 n\u0103ng t\u0103ng v\u1ed1n<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u00e1c chuy\u00ean gia&nbsp;<b>Pocket Option<\/b>&nbsp;\u0111\u1ec1 xu\u1ea5t chi\u1ebfn l\u01b0\u1ee3c ph\u00e2n b\u1ed5 v\u1ed1n theo giai \u0111o\u1ea1n (DCA - Dollar Cost Averaging) cho c\u1ed5 phi\u1ebfu SSI. V\u1edbi ph\u01b0\u01a1ng ph\u00e1p n\u00e0y, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 gi\u1ea3m thi\u1ec3u r\u1ee7i ro bi\u1ebfn \u0111\u1ed9ng gi\u00e1 ng\u1eafn h\u1ea1n trong khi v\u1eabn t\u00edch l\u0169y c\u1ed5 phi\u1ebfu \u1edf m\u1ee9c gi\u00e1 trung b\u00ecnh h\u1ee3p l\u00fd.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>V\u00ed d\u1ee5 c\u1ee5 th\u1ec3 cho chi\u1ebfn l\u01b0\u1ee3c DCA v\u1edbi SSI:<\/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'>Ph\u00e2n b\u1ed5 10% v\u1ed1n \u0111\u1ea7u t\u01b0 v\u00e0o SSI m\u1ed7i th\u00e1ng trong 10 th\u00e1ng<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Mua th\u00eam 5-7% khi gi\u00e1 gi\u1ea3m v\u1ec1 c\u00e1c v\u00f9ng h\u1ed7 tr\u1ee3 m\u1ea1nh (22.300-22.800 \u0111\u1ed3ng)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Gi\u1ea3m mua xu\u1ed1ng 3-5% khi gi\u00e1 ti\u1ebfp c\u1eadn c\u00e1c v\u00f9ng kh\u00e1ng c\u1ef1 (28.500-29.700 \u0111\u1ed3ng)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Xem x\u00e9t hi\u1ec7n th\u1ef1c h\u00f3a 20-30% l\u1ee3i nhu\u1eadn khi \u0111\u1ea1t m\u1ee5c ti\u00eau trung h\u1ea1n, gi\u1eef 70-80% cho m\u1ee5c ti\u00eau d\u00e0i h\u1ea1n<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>R\u1ee7i ro v\u00e0 th\u00e1ch th\u1ee9c khi \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu SSI trong 2024-2025<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>M\u1eb7c d\u00f9 SSI l\u00e0 m\u1ed9t c\u00f4ng ty ch\u1ee9ng kho\u00e1n h\u00e0ng \u0111\u1ea7u, vi\u1ec7c \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu n\u00e0y v\u1eabn ti\u1ec1m \u1ea9n nh\u1eefng r\u1ee7i ro c\u1ee5 th\u1ec3 m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n \u0111\u00e1nh gi\u00e1 k\u1ef9 l\u01b0\u1ee1ng tr\u01b0\u1edbc khi quy\u1ebft \u0111\u1ecbnh&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI hay kh\u00f4ng<\/b>.<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Lo\u1ea1i r\u1ee7i ro<\/th><th>M\u00f4 t\u1ea3 c\u1ee5 th\u1ec3<\/th><th>Bi\u1ec7n ph\u00e1p gi\u1ea3m thi\u1ec3u<\/th><\/tr><\/thead><tbody><tr><td>R\u1ee7i ro th\u1ecb tr\u01b0\u1eddng<\/td><td>- VN-Index gi\u1ea3m 10% c\u00f3 th\u1ec3 khi\u1ebfn SSI gi\u1ea3m 15-20%- Thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng gi\u1ea3m 30% c\u00f3 th\u1ec3 gi\u1ea3m doanh thu m\u00f4i gi\u1edbi 20-25%<\/td><td>- Ph\u00e2n b\u1ed5 v\u1ed1n theo giai \u0111o\u1ea1n- \u0110\u1eb7t c\u1eaft l\u1ed7 \u1edf m\u1ee9c -7% cho \u0111\u1ea7u t\u01b0 ng\u1eafn h\u1ea1n- \u0110a d\u1ea1ng h\u00f3a danh m\u1ee5c v\u1edbi t\u1ed1i \u0111a 5-7% v\u00e0o SSI<\/td><\/tr><tr><td>R\u1ee7i ro c\u1ea1nh tranh<\/td><td>- \u00c1p l\u1ef1c gi\u1ea3m ph\u00ed m\u00f4i gi\u1edbi t\u1eeb 0,15% xu\u1ed1ng 0,1-0,12%- C\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n n\u01b0\u1edbc ngo\u00e0i (KIS, Mirae Asset) t\u0103ng th\u1ecb ph\u1ea7n<\/td><td>- Theo d\u00f5i b\u00e1o c\u00e1o th\u1ecb ph\u1ea7n h\u00e0ng qu\u00fd- \u0110\u00e1nh gi\u00e1 chi\u1ebfn l\u01b0\u1ee3c c\u00f4ng ngh\u1ec7 c\u1ee7a SSI<\/td><\/tr><tr><td>R\u1ee7i ro ch\u00ednh s\u00e1ch<\/td><td>- Th\u00f4ng t\u01b0 15\/2024\/TT-BTC th\u1eaft ch\u1eb7t t\u1ef7 l\u1ec7 cho vay k\u00fd qu\u1ef9- Y\u00eau c\u1ea7u t\u0103ng v\u1ed1n t\u1ed1i thi\u1ec3u cho c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n theo l\u1ed9 tr\u00ecnh 2025<\/td><td>- C\u1eadp nh\u1eadt th\u00f4ng tin t\u1eeb UBCK- \u0110\u00e1nh gi\u00e1 t\u00e1c \u0111\u1ed9ng c\u1ee7a c\u00e1c quy \u0111\u1ecbnh m\u1edbi<\/td><\/tr><tr><td>R\u1ee7i ro c\u00f4ng ngh\u1ec7<\/td><td>- \u0110\u1ea7u t\u01b0 l\u1edbn v\u00e0o n\u1ec1n t\u1ea3ng giao d\u1ecbch m\u1edbi (45 t\u1ef7 VND trong 2024)- C\u1ea1nh tranh v\u1ec1 tr\u1ea3i nghi\u1ec7m ng\u01b0\u1eddi d\u00f9ng v\u1edbi VPS, TCBS<\/td><td>- \u0110\u00e1nh gi\u00e1 hi\u1ec7u qu\u1ea3 \u0111\u1ea7u t\u01b0 c\u00f4ng ngh\u1ec7 th\u00f4ng qua t\u0103ng tr\u01b0\u1edfng s\u1ed1 l\u01b0\u1ee3ng t\u00e0i kho\u1ea3n m\u1edbi<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>R\u1ee7i ro l\u1edbn nh\u1ea5t \u0111\u1ed1i v\u1edbi SSI l\u00e0 s\u1ef1 ph\u1ee5 thu\u1ed9c v\u00e0o chu k\u1ef3 th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam. Ph\u00e2n t\u00edch l\u1ecbch s\u1eed cho th\u1ea5y khi VN-Index gi\u1ea3m 10%, c\u1ed5 phi\u1ebfu SSI th\u01b0\u1eddng gi\u1ea3m 15-20%, cho th\u1ea5y h\u1ec7 s\u1ed1 beta kho\u1ea3ng 1,5-2,0 so v\u1edbi th\u1ecb tr\u01b0\u1eddng chung. C\u1ee5 th\u1ec3, trong \u0111\u1ee3t \u0111i\u1ec1u ch\u1ec9nh th\u00e1ng 4\/2022, VN-Index gi\u1ea3m 18,6% trong khi SSI gi\u1ea3m 32,4%.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Tuy nhi\u00ean, v\u1edbi v\u1ecb th\u1ebf d\u1eabn \u0111\u1ea7u v\u00e0 n\u1ec1n t\u1ea3ng t\u00e0i ch\u00ednh m\u1ea1nh m\u1ebd, SSI c\u00f3 kh\u1ea3 n\u0103ng ph\u1ee5c h\u1ed3i nhanh h\u01a1n so v\u1edbi c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n nh\u1ecf h\u01a1n. Trong giai \u0111o\u1ea1n ph\u1ee5c h\u1ed3i t\u1eeb Q4\/2022 \u0111\u1ebfn Q2\/2023, SSI t\u0103ng 42,3% trong khi trung b\u00ecnh ng\u00e0nh ch\u1ec9 t\u0103ng 35,7%. \u0110\u00e2y l\u00e0 \u0111i\u1ec3m c\u1ea7n c\u00e2n nh\u1eafc khi \u0111\u00e1nh gi\u00e1&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI<\/b>&nbsp;trong chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n.<\/p><\/div>[cta_button text=\"\"]<div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>K\u1ebft lu\u1eadn v\u1ec1 ti\u1ec1m n\u0103ng \u0111\u1ea7u t\u01b0 c\u1ee7a c\u1ed5 phi\u1ebfu SSI 2024-2025<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Sau khi ph\u00e2n t\u00edch to\u00e0n di\u1ec7n v\u1ec1 c\u1ed5 phi\u1ebfu SSI, ch\u00fang t\u00f4i \u0111\u01b0a ra k\u1ebft lu\u1eadn c\u1ee5 th\u1ec3 v\u1ec1 ti\u1ec1m n\u0103ng \u0111\u1ea7u t\u01b0 c\u1ee7a c\u1ed5 phi\u1ebfu n\u00e0y trong giai \u0111o\u1ea1n 2024-2025.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>SSI kh\u00f4ng ch\u1ec9 l\u00e0 m\u1ed9t c\u00f4ng ty ch\u1ee9ng kho\u00e1n h\u00e0ng \u0111\u1ea7u t\u1ea1i Vi\u1ec7t Nam v\u1edbi th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi 10,2% m\u00e0 c\u00f2n l\u00e0 m\u1ed9t doanh nghi\u1ec7p c\u00f3 chi\u1ebfn l\u01b0\u1ee3c \u0111a d\u1ea1ng h\u00f3a doanh thu hi\u1ec7u qu\u1ea3. K\u1ebft qu\u1ea3 kinh doanh 6 th\u00e1ng \u0111\u1ea7u n\u0103m 2024 cho th\u1ea5y s\u1ef1 t\u0103ng tr\u01b0\u1edfng \u1ea5n t\u01b0\u1ee3ng v\u1edbi l\u1ee3i nhu\u1eadn r\u00f2ng \u0111\u1ea1t 946 t\u1ef7 \u0111\u1ed3ng (+34,2% YoY), ROE c\u1ea3i thi\u1ec7n l\u00ean 15,7%.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>V\u1ec1 \u0111\u1ecbnh gi\u00e1, v\u1edbi P\/E hi\u1ec7n t\u1ea1i l\u00e0 13,2x v\u00e0 P\/B l\u00e0 1,32x, c\u1ed5 phi\u1ebfu SSI \u0111ang giao d\u1ecbch \u1edf m\u1ee9c h\u1ea5p d\u1eabn h\u01a1n so v\u1edbi m\u1ed9t s\u1ed1 \u0111\u1ed1i th\u1ee7 nh\u01b0 VND (P\/E 14,7x) v\u00e0 HCM (P\/E 15,2x). D\u1ef1a tr\u00ean d\u1ef1 b\u00e1o t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn 25-30% trong 2025, gi\u00e1 h\u1ee3p l\u00fd c\u1ee7a SSI c\u00f3 th\u1ec3 \u0111\u1ea1t 32.000-35.000 \u0111\u1ed3ng (+40-50% so v\u1edbi kho\u1ea3ng gi\u00e1 hi\u1ec7n t\u1ea1i).<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean l\u01b0u \u00fd c\u00e1c y\u1ebfu t\u1ed1 t\u00edch c\u1ef1c sau khi quy\u1ebft \u0111\u1ecbnh&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI<\/b>:<\/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'>Ti\u1ec1m n\u0103ng t\u1eeb d\u1ef1 \u00e1n n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam 2025-2026<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>L\u1ee3i th\u1ebf c\u1ea1nh tranh v\u1ec1 quy m\u00f4 v\u1ed1n, th\u01b0\u01a1ng hi\u1ec7u v\u00e0 c\u00f4ng ngh\u1ec7<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Xu h\u01b0\u1edbng l\u00e3i su\u1ea5t gi\u1ea3m h\u1ed7 tr\u1ee3 kinh doanh k\u00fd qu\u1ef9 v\u00e0 t\u1ef1 doanh<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i \u0111\u00e3 quay l\u1ea1i mua r\u00f2ng 135 t\u1ef7 \u0111\u1ed3ng trong Q2\/2024<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt cho th\u1ea5y ti\u1ec1m n\u0103ng \u0111\u1ed9t ph\u00e1 t\u1eeb m\u00f4 h\u00ecnh t\u00edch l\u0169y tam gi\u00e1c<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'><b>Pocket Option<\/b>&nbsp;khuy\u1ebfn ngh\u1ecb nh\u00e0 \u0111\u1ea7u t\u01b0 xem x\u00e9t SSI nh\u01b0 m\u1ed9t kho\u1ea3n \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n trong danh m\u1ee5c c\u1ee7a m\u00ecnh, v\u1edbi chi\u1ebfn l\u01b0\u1ee3c t\u00edch l\u0169y theo giai \u0111o\u1ea1n. V\u1edbi v\u1ecb th\u1ebf d\u1eabn \u0111\u1ea7u trong ng\u00e0nh v\u00e0 ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng t\u1eeb xu h\u01b0\u1edbng ph\u00e1t tri\u1ec3n c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam, SSI l\u00e0 l\u1ef1a ch\u1ecdn h\u1ee3p l\u00fd cho nh\u00e0 \u0111\u1ea7u t\u01b0 mu\u1ed1n tham gia v\u00e0o l\u0129nh v\u1ef1c t\u00e0i ch\u00ednh-ch\u1ee9ng kho\u00e1n.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Tuy nhi\u00ean, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n th\u1eadn tr\u1ecdng v\u1edbi r\u1ee7i ro bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng, \u0111\u1eb7c bi\u1ec7t khi SSI c\u00f3 h\u1ec7 s\u1ed1 beta 1,5-2,0 so v\u1edbi VN-Index. Chi\u1ebfn l\u01b0\u1ee3c ph\u00e2n b\u1ed5 v\u1ed1n theo giai \u0111o\u1ea1n, k\u1ebft h\u1ee3p v\u1edbi vi\u1ec7c theo d\u00f5i s\u00e1t sao di\u1ec5n bi\u1ebfn th\u1ecb tr\u01b0\u1eddng v\u00e0 k\u1ebft qu\u1ea3 kinh doanh h\u00e0ng qu\u00fd c\u1ee7a c\u00f4ng ty, l\u00e0 c\u1ef1c k\u1ef3 quan tr\u1ecdng \u0111\u1ec3 \u0111\u1ea1t hi\u1ec7u qu\u1ea3 \u0111\u1ea7u t\u01b0 t\u1ed1i \u01b0u.<\/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 SSI v\u00e0 C\u00f4ng ty C\u1ed5 ph\u1ea7n Ch\u1ee9ng kho\u00e1n SSI n\u0103m 2024<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>C\u00f4ng ty C\u1ed5 ph\u1ea7n Ch\u1ee9ng kho\u00e1n SSI \u0111\u00e3 kh\u1eb3ng \u0111\u1ecbnh v\u1ecb th\u1ebf l\u00e0 m\u1ed9t c\u00f4ng ty ch\u1ee9ng kho\u00e1n h\u00e0ng \u0111\u1ea7u t\u1ea1i Vi\u1ec7t Nam k\u1ec3 t\u1eeb khi th\u00e0nh l\u1eadp v\u00e0o n\u0103m 1999. Sau 25 n\u0103m ho\u1ea1t \u0111\u1ed9ng, SSI kh\u00f4ng ch\u1ec9 l\u00e0 m\u1ed9t th\u01b0\u01a1ng hi\u1ec7u uy t\u00edn trong l\u0129nh v\u1ef1c t\u00e0i ch\u00ednh m\u00e0 c\u00f2n l\u00e0 ng\u01b0\u1eddi ti\u00ean phong trong vi\u1ec7c cung c\u1ea5p c\u00e1c d\u1ecbch v\u1ee5 chuy\u00ean nghi\u1ec7p \u0111a d\u1ea1ng: m\u00f4i gi\u1edbi ch\u1ee9ng kho\u00e1n, t\u01b0 v\u1ea5n \u0111\u1ea7u t\u01b0, ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 v\u00e0 qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Khi \u0111\u00e1nh gi\u00e1&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI hay kh\u00f4ng<\/b>, \u0111i\u1ec1u quan tr\u1ecdng l\u00e0 ph\u1ea3i hi\u1ec3u r\u00f5 v\u1ecb th\u1ebf c\u1ea1nh tranh c\u1ee7a c\u00f4ng ty trong ng\u00e0nh. T\u00ednh \u0111\u1ebfn qu\u00fd 2\/2024, SSI li\u00ean t\u1ee5c duy tr\u00ec v\u1ecb tr\u00ed trong top 3 c\u00f4ng ty ch\u1ee9ng kho\u00e1n c\u00f3 th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi l\u1edbn nh\u1ea5t t\u1ea1i Vi\u1ec7t Nam (10,2%), c\u1ea1nh tranh tr\u1ef1c ti\u1ebfp v\u1edbi VPS (15,8%), VNDirect (8,5%) v\u00e0 Ch\u1ee9ng kho\u00e1n Techcombank (7,3%).<\/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>Ti\u00eau ch\u00ed<\/th>\n<th>Th\u00f4ng tin c\u1ee5 th\u1ec3 (2024)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>M\u00e3 c\u1ed5 phi\u1ebfu<\/td>\n<td>SSI (ni\u00eam y\u1ebft t\u1eeb n\u0103m 2007)<\/td>\n<\/tr>\n<tr>\n<td>S\u00e0n ni\u00eam y\u1ebft<\/td>\n<td>HOSE (HoSE)<\/td>\n<\/tr>\n<tr>\n<td>N\u0103m th\u00e0nh l\u1eadp<\/td>\n<td>1999 (25 n\u0103m ho\u1ea1t \u0111\u1ed9ng)<\/td>\n<\/tr>\n<tr>\n<td>L\u0129nh v\u1ef1c kinh doanh ch\u00ednh<\/td>\n<td>M\u00f4i gi\u1edbi ch\u1ee9ng kho\u00e1n (45% doanh thu), t\u1ef1 doanh (30%), t\u01b0 v\u1ea5n t\u00e0i ch\u00ednh (15%), d\u1ecbch v\u1ee5 k\u00fd qu\u1ef9 (10%)<\/td>\n<\/tr>\n<tr>\n<td>V\u1ed1n \u0111i\u1ec1u l\u1ec7<\/td>\n<td>15.237 t\u1ef7 \u0111\u1ed3ng (t\u0103ng 20% so v\u1edbi n\u0103m 2022)<\/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'>SSI n\u1ed5i b\u1eadt v\u1edbi m\u00f4 h\u00ecnh kinh doanh \u0111a d\u1ea1ng, kh\u00f4ng ch\u1ec9 t\u1eadp trung v\u00e0o m\u00f4i gi\u1edbi nh\u01b0 nhi\u1ec1u \u0111\u1ed1i th\u1ee7 c\u1ea1nh tranh. Theo b\u00e1o c\u00e1o t\u00e0i ch\u00ednh qu\u00fd 2\/2024, c\u00f4ng ty \u0111\u00e3 ph\u00e1t tri\u1ec3n m\u1ea1nh m\u1ebd d\u1ecbch v\u1ee5 t\u1ef1 doanh v\u00e0 ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0, gi\u00fap gi\u1ea3m s\u1ef1 ph\u1ee5 thu\u1ed9c v\u00e0o bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng. \u0110\u00e2y l\u00e0 l\u1ee3i th\u1ebf c\u1ea1nh tranh quan tr\u1ecdng c\u1ee7a SSI, \u0111\u1eb7c bi\u1ec7t trong c\u00e1c giai \u0111o\u1ea1n thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng th\u1ea5p.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Ph\u00e2n t\u00edch t\u00e0i ch\u00ednh v\u00e0 hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a SSI: 2022-2024<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110\u1ec3 tr\u1ea3 l\u1eddi c\u00e2u h\u1ecfi&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI hay kh\u00f4ng<\/b>, ch\u00fang ta c\u1ea7n ph\u00e2n t\u00edch chi ti\u1ebft c\u00e1c con s\u1ed1 t\u00e0i ch\u00ednh c\u1ee7a c\u00f4ng ty. \u0110\u1eb7c bi\u1ec7t sau s\u1ef1 suy tho\u00e1i c\u1ee7a th\u1ecb tr\u01b0\u1eddng n\u0103m 2022, SSI \u0111\u00e3 cho th\u1ea5y s\u1ef1 ph\u1ee5c h\u1ed3i v\u00e0 t\u0103ng tr\u01b0\u1edfng \u1ea5n t\u01b0\u1ee3ng v\u1edbi k\u1ebft qu\u1ea3 kinh doanh trong 6 th\u00e1ng \u0111\u1ea7u n\u0103m 2024.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>C\u00e1c ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh ch\u00ednh 2022-2024<\/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>Ch\u1ec9 s\u1ed1<\/th>\n<th>2022<\/th>\n<th>2023<\/th>\n<th>Q1-Q2\/2024<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Doanh thu<\/td>\n<td>3.168 t\u1ef7 \u0111\u1ed3ng (-32%)<\/td>\n<td>4.052 t\u1ef7 \u0111\u1ed3ng (+27,9%)<\/td>\n<td>2.503 t\u1ef7 \u0111\u1ed3ng (+23,8% YoY)<\/td>\n<\/tr>\n<tr>\n<td>L\u1ee3i nhu\u1eadn r\u00f2ng<\/td>\n<td>1.147 t\u1ef7 \u0111\u1ed3ng (-45%)<\/td>\n<td>1.576 t\u1ef7 \u0111\u1ed3ng (+37,4%)<\/td>\n<td>946 t\u1ef7 \u0111\u1ed3ng (+34,2% YoY)<\/td>\n<\/tr>\n<tr>\n<td>ROE<\/td>\n<td>7,8%<\/td>\n<td>13,5%<\/td>\n<td>15,7% (d\u1ef1 b\u00e1o cho c\u1ea3 n\u0103m 2024)<\/td>\n<\/tr>\n<tr>\n<td>Th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi<\/td>\n<td>9,3% (Top 3)<\/td>\n<td>9,8% (Top 3)<\/td>\n<td>10,2% (Top 3)<\/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'>Ph\u00e2n t\u00edch d\u1eef li\u1ec7u tr\u00ean cho th\u1ea5y SSI \u0111ang trong xu h\u01b0\u1edbng t\u0103ng tr\u01b0\u1edfng r\u00f5 r\u00e0ng. \u0110\u1eb7c bi\u1ec7t, ROE \u0111\u00e3 c\u1ea3i thi\u1ec7n t\u1eeb 7,8% n\u0103m 2022 l\u00ean 15,7% (d\u1ef1 b\u00e1o cho 2024), v\u01b0\u1ee3t trung b\u00ecnh ng\u00e0nh kho\u1ea3ng 2,3 \u0111i\u1ec3m ph\u1ea7n tr\u0103m. Theo c\u00e1c chuy\u00ean gia t\u1ea1i&nbsp;<b>Pocket Option<\/b>, \u0111\u00e2y l\u00e0 d\u1ea5u hi\u1ec7u t\u00edch c\u1ef1c cho th\u1ea5y hi\u1ec7u qu\u1ea3 s\u1eed d\u1ee5ng v\u1ed1n c\u1ee7a c\u00f4ng ty \u0111ang \u0111\u01b0\u1ee3c c\u1ea3i thi\u1ec7n \u0111\u00e1ng k\u1ec3.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>C\u01a1 c\u1ea5u doanh thu c\u1ee7a SSI trong qu\u00fd 2\/2024 cho th\u1ea5y s\u1ef1 c\u00e2n b\u1eb1ng t\u1ed1t gi\u1eefa c\u00e1c m\u1ea3ng kinh doanh:<\/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'>D\u1ecbch v\u1ee5 m\u00f4i gi\u1edbi ch\u1ee9ng kho\u00e1n: 45,3% (t\u0103ng 2,1% so v\u1edbi 2023)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>T\u1ef1 doanh: 30,2% (gi\u1ea3m 1,5% so v\u1edbi 2023)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>D\u1ecbch v\u1ee5 ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0: 14,8% (t\u0103ng 3,2% so v\u1edbi 2023)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Qu\u1ea3n l\u00fd qu\u1ef9 v\u00e0 t\u00e0i s\u1ea3n: 6,5% (kh\u00f4ng thay \u0111\u1ed5i)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Thu nh\u1eadp t\u1eeb cho vay k\u00fd qu\u1ef9: 10,4% (t\u0103ng 0,8% so v\u1edbi 2023)<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110\u00e1ng ch\u00fa \u00fd, m\u1ea3ng d\u1ecbch v\u1ee5 ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 \u0111\u00e3 t\u0103ng 3,2% trong c\u01a1 c\u1ea5u doanh thu, ph\u1ea3n \u00e1nh chi\u1ebfn l\u01b0\u1ee3c \u0111a d\u1ea1ng h\u00f3a hi\u1ec7u qu\u1ea3 c\u1ee7a SSI. Theo b\u00e1o c\u00e1o t\u1eeb&nbsp;<b>Pocket Option<\/b>, \u0111\u00e2y l\u00e0 xu h\u01b0\u1edbng t\u00edch c\u1ef1c gi\u00fap SSI gi\u1ea3m s\u1ef1 ph\u1ee5 thu\u1ed9c v\u00e0o bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng m\u00f4i gi\u1edbi, \u0111\u1eb7c bi\u1ec7t trong c\u00e1c giai \u0111o\u1ea1n thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng th\u1ea5p nh\u01b0 n\u1eeda \u0111\u1ea7u n\u0103m 2023.<\/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 bi\u1ebfn \u0111\u1ed9ng gi\u00e1 c\u1ed5 phi\u1ebfu SSI: Xu h\u01b0\u1edbng 2024-2025<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 k\u1ef9 thu\u1eadt, vi\u1ec7c ph\u00e2n t\u00edch bi\u1ec3u \u0111\u1ed3 gi\u00e1 v\u00e0 c\u00e1c ch\u1ec9 b\u00e1o k\u1ef9 thu\u1eadt l\u00e0 y\u1ebfu t\u1ed1 quy\u1ebft \u0111\u1ecbnh khi xem x\u00e9t&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI<\/b>&nbsp;trong giai \u0111o\u1ea1n t\u1eeb cu\u1ed1i 2024 \u0111\u1ebfn \u0111\u1ea7u 2025.<\/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 quan tr\u1ecdng (C\u1eadp nh\u1eadt Q3\/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>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Kh\u00e1ng c\u1ef1 m\u1ea1nh<\/td>\n<td>35.200 &#8211; 35.800<\/td>\n<td>V\u00f9ng \u0111\u1ec9nh l\u1ecbch s\u1eed 2021-2022, kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch gi\u1ea3m \u0111\u00e1ng k\u1ec3 khi ti\u1ebfp c\u1eadn v\u00f9ng n\u00e0y<\/td>\n<\/tr>\n<tr>\n<td>Kh\u00e1ng c\u1ef1 trung b\u00ecnh<\/td>\n<td>28.500 &#8211; 29.700<\/td>\n<td>V\u00f9ng t\u00edch l\u0169y Q2\/2024, v\u1edbi 3 l\u1ea7n th\u1eed nghi\u1ec7m kh\u00f4ng th\u00e0nh c\u00f4ng<\/td>\n<\/tr>\n<tr>\n<td>H\u1ed7 tr\u1ee3 quan tr\u1ecdng<\/td>\n<td>22.300 &#8211; 22.800<\/td>\n<td>V\u00f9ng t\u00edch l\u0169y \u0111\u1ea7u 2024, kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch t\u0103ng 45% khi gi\u00e1 ch\u1ea1m v\u00f9ng n\u00e0y<\/td>\n<\/tr>\n<tr>\n<td>H\u1ed7 tr\u1ee3 m\u1ea1nh<\/td>\n<td>18.200 &#8211; 18.900<\/td>\n<td>V\u00f9ng \u0111\u00e1y Q3\/2023, t\u01b0\u01a1ng \u1ee9ng v\u1edbi MA200 hi\u1ec7n t\u1ea1i<\/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'>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt t\u1eeb c\u00e1c chuy\u00ean gia&nbsp;<b>Pocket Option<\/b>&nbsp;cho th\u1ea5y c\u1ed5 phi\u1ebfu SSI \u0111\u00e3 h\u00ecnh th\u00e0nh m\u00f4 h\u00ecnh tam gi\u00e1c \u0111\u1ed1i x\u1ee9ng t\u1eeb th\u00e1ng 3\/2024, v\u1edbi \u0111\u00e1y tam gi\u00e1c t\u1ea1i 22.500 \u0111\u1ed3ng v\u00e0 \u0111\u1ec9nh t\u1ea1i 29.700 \u0111\u1ed3ng. \u0110\u00e2y th\u01b0\u1eddng l\u00e0 d\u1ea5u hi\u1ec7u c\u1ee7a m\u1ed9t s\u1ef1 \u0111\u1ed9t ph\u00e1 s\u1eafp t\u1edbi, \u0111\u1eb7c bi\u1ec7t khi kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch t\u0103ng 32% trong th\u00e1ng 9\/2024 so v\u1edbi trung b\u00ecnh 3 th\u00e1ng tr\u01b0\u1edbc \u0111\u00f3.<\/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 n\u00ean ch\u00fa \u00fd \u0111\u1ebfn c\u00e1c ch\u1ec9 b\u00e1o k\u1ef9 thu\u1eadt quan tr\u1ecdng sau khi \u0111\u00e1nh gi\u00e1 SSI:<\/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\u01b0\u1eddng MA50 (26.400 \u0111\u1ed3ng) \u0111\u00e3 c\u1eaft l\u00ean tr\u00ean MA200 (25.100 \u0111\u1ed3ng) v\u00e0o th\u00e1ng 8\/2024, t\u1ea1o t\u00edn hi\u1ec7u giao c\u1eaft v\u00e0ng<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ch\u1ec9 b\u00e1o RSI hi\u1ec7n t\u1ea1i \u1edf m\u1ee9c 57, ch\u01b0a v\u00e0o v\u00f9ng qu\u00e1 mua (&gt;70)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>MACD \u0111ang trong xu h\u01b0\u1edbng t\u0103ng v\u1edbi \u0111\u01b0\u1eddng MACD c\u1eaft l\u00ean tr\u00ean \u0111\u01b0\u1eddng t\u00edn hi\u1ec7u t\u1eeb gi\u1eefa th\u00e1ng 7\/2024<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch trung b\u00ecnh 10 phi\u00ean g\u1ea7n nh\u1ea5t \u0111\u1ea1t 2,3 tri\u1ec7u c\u1ed5 phi\u1ebfu\/phi\u00ean, cao h\u01a1n 28% so v\u1edbi trung b\u00ecnh 30 phi\u00ean<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Theo d\u1eef li\u1ec7u t\u1eeb S\u1edf Giao d\u1ecbch Ch\u1ee9ng kho\u00e1n TP.HCM, nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i \u0111\u00e3 mua r\u00f2ng 135 t\u1ef7 \u0111\u1ed3ng c\u1ed5 phi\u1ebfu SSI trong qu\u00fd 2\/2024, \u0111\u1ea3o ng\u01b0\u1ee3c xu h\u01b0\u1edbng sau 3 qu\u00fd li\u00ean ti\u1ebfp b\u00e1n r\u00f2ng. \u0110\u00e2y c\u00f3 th\u1ec3 l\u00e0 t\u00edn hi\u1ec7u t\u00edch c\u1ef1c cho th\u1ea5y s\u1ef1 quan t\u00e2m tr\u1edf l\u1ea1i c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>C\u00e1c y\u1ebfu t\u1ed1 v\u0129 m\u00f4 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu SSI trong 2024-2025<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Khi xem x\u00e9t c\u00e2u h\u1ecfi&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI hay kh\u00f4ng<\/b>, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n ph\u00e2n t\u00edch c\u00e1c y\u1ebfu t\u1ed1 v\u0129 m\u00f4 \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn ho\u1ea1t \u0111\u1ed9ng kinh doanh v\u00e0 gi\u00e1 c\u1ed5 phi\u1ebfu c\u1ee7a c\u00f4ng ty trong giai \u0111o\u1ea1n 2024-2025.<\/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 v\u0129 m\u00f4<\/th>\n<th>\u1ea2nh h\u01b0\u1edfng c\u1ee5 th\u1ec3 \u0111\u1ebfn SSI<\/th>\n<th>D\u1ef1 b\u00e1o 2024-2025<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>L\u00e3i su\u1ea5t ng\u00e2n h\u00e0ng<\/td>\n<td>&#8211; Gi\u1ea3m chi ph\u00ed v\u1ed1n cho ho\u1ea1t \u0111\u1ed9ng k\u00fd qu\u1ef9- T\u0103ng bi\u00ean l\u1ee3i nhu\u1eadn t\u1eeb cho vay k\u00fd qu\u1ef9- H\u1ed7 tr\u1ee3 giao d\u1ecbch tr\u00e1i phi\u1ebfu t\u1ef1 doanh<\/td>\n<td>D\u1ef1 b\u00e1o gi\u1ea3m 0,5-0,75% v\u00e0o cu\u1ed1i 2024<\/td>\n<\/tr>\n<tr>\n<td>Thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n<\/td>\n<td>&#8211; \u1ea2nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn ph\u00ed giao d\u1ecbch m\u00f4i gi\u1edbi (45% doanh thu)- \u1ea2nh h\u01b0\u1edfng \u0111\u1ebfn nhu c\u1ea7u d\u1ecbch v\u1ee5 k\u00fd qu\u1ef9<\/td>\n<td>D\u1ef1 b\u00e1o t\u0103ng 25-30% trong Q4\/2024 v\u00e0 Q1\/2025<\/td>\n<\/tr>\n<tr>\n<td>Ch\u00ednh s\u00e1ch qu\u1ea3n l\u00fd th\u1ecb tr\u01b0\u1eddng c\u1ee7a UBCK<\/td>\n<td>&#8211; Quy \u0111\u1ecbnh m\u1edbi v\u1ec1 t\u1ef7 l\u1ec7 k\u00fd qu\u1ef9 (Th\u00f4ng t\u01b0 15\/2024)- Ti\u00eau chu\u1ea9n n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng<\/td>\n<td>D\u1ef1 ki\u1ebfn n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng l\u00ean th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i v\u00e0o 2025-2026<\/td>\n<\/tr>\n<tr>\n<td>T\u0103ng tr\u01b0\u1edfng GDP v\u00e0 \u0111i\u1ec1u ki\u1ec7n kinh t\u1ebf v\u0129 m\u00f4<\/td>\n<td>&#8211; D\u1ef1 b\u00e1o GDP Vi\u1ec7t Nam t\u0103ng 6,8-7,0% trong 2024- \u1ea2nh h\u01b0\u1edfng t\u00edch c\u1ef1c \u0111\u1ebfn d\u00f2ng ti\u1ec1n v\u00e0o th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n<\/td>\n<td>T\u0103ng tr\u01b0\u1edfng kinh t\u1ebf \u1ed5n \u0111\u1ecbnh, CPI d\u01b0\u1edbi 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'>Theo ph\u00e2n t\u00edch c\u1ee7a c\u00e1c chuy\u00ean gia t\u1ea1i&nbsp;<b>Pocket Option<\/b>, ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 n\u1edbi l\u1ecfng c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc trong n\u0103m 2024 \u0111ang t\u1ea1o \u0111i\u1ec1u ki\u1ec7n thu\u1eadn l\u1ee3i cho c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n, \u0111\u1eb7c bi\u1ec7t l\u00e0 SSI v\u1edbi quy m\u00f4 v\u1ed1n l\u1edbn. C\u1ee5 th\u1ec3, l\u00e3i su\u1ea5t ti\u1ec1n g\u1eedi k\u1ef3 h\u1ea1n 12 th\u00e1ng t\u1ea1i c\u00e1c ng\u00e2n h\u00e0ng l\u1edbn \u0111\u00e3 gi\u1ea3m t\u1eeb 5,5% \u0111\u1ea7u n\u0103m xu\u1ed1ng kho\u1ea3ng 4,7-4,9% v\u00e0o th\u00e1ng 9\/2024, gi\u00fap SSI ti\u1ebft ki\u1ec7m chi ph\u00ed v\u1ed1n kho\u1ea3ng 0,6-0,8% m\u1ed7i n\u0103m.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110\u00e1ng ch\u00fa \u00fd nh\u1ea5t l\u00e0 d\u1ef1 \u00e1n n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam t\u1eeb th\u1ecb tr\u01b0\u1eddng c\u1eadn bi\u00ean l\u00ean th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i. Theo l\u1ed9 tr\u00ecnh c\u1ee7a UBCK, Vi\u1ec7t Nam \u0111ang n\u1ed7 l\u1ef1c \u0111\u00e1p \u1ee9ng c\u00e1c ti\u00eau ch\u00ed n\u00e2ng h\u1ea1ng v\u00e0o 2025-2026. N\u1ebfu th\u00e0nh c\u00f4ng, SSI s\u1ebd l\u00e0 m\u1ed9t trong nh\u1eefng b\u00ean h\u01b0\u1edfng l\u1ee3i l\u1edbn nh\u1ea5t v\u1edbi d\u1ef1 b\u00e1o d\u00f2ng v\u1ed1n ngo\u1ea1i c\u00f3 th\u1ec3 \u0111\u1ea1t 5-7 t\u1ef7 USD trong 12 th\u00e1ng sau khi n\u00e2ng h\u1ea1ng, theo b\u00e1o c\u00e1o t\u1eeb Dragon Capital.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>So s\u00e1nh SSI v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7 trong ng\u00e0nh: V\u1ecb th\u1ebf c\u1ea1nh tranh 2024<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu SSI, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n \u0111\u00e1nh gi\u00e1 v\u1ecb th\u1ebf c\u1ea1nh tranh c\u1ee7a c\u00f4ng ty so v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7 l\u1edbn trong ng\u00e0nh ch\u1ee9ng kho\u00e1n 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>Ch\u1ec9 s\u1ed1 (Q2\/2024)<\/th>\n<th>SSI<\/th>\n<th>VND<\/th>\n<th>VCI<\/th>\n<th>HCM<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>P\/E (TTM)<\/td>\n<td>13,2x<\/td>\n<td>14,7x<\/td>\n<td>11,3x<\/td>\n<td>15,2x<\/td>\n<\/tr>\n<tr>\n<td>P\/B hi\u1ec7n t\u1ea1i<\/td>\n<td>1,32x<\/td>\n<td>1,45x<\/td>\n<td>1,21x<\/td>\n<td>1,41x<\/td>\n<\/tr>\n<tr>\n<td>ROE (4 qu\u00fd g\u1ea7n nh\u1ea5t)<\/td>\n<td>15,7%<\/td>\n<td>16,2%<\/td>\n<td>13,1%<\/td>\n<td>14,3%<\/td>\n<\/tr>\n<tr>\n<td>Th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi (Q2\/2024)<\/td>\n<td>10,2%<\/td>\n<td>8,5%<\/td>\n<td>5,3%<\/td>\n<td>7,1%<\/td>\n<\/tr>\n<tr>\n<td>V\u1ed1n \u0111i\u1ec1u l\u1ec7 (t\u1ef7 VND)<\/td>\n<td>15.237<\/td>\n<td>12.376<\/td>\n<td>4.421<\/td>\n<td>7.325<\/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'>T\u1eeb b\u1ea3ng so s\u00e1nh tr\u00ean, c\u00f3 th\u1ec3 th\u1ea5y SSI c\u00f3 \u0111\u1ecbnh gi\u00e1 P\/E l\u00e0 13,2x, th\u1ea5p h\u01a1n VND (14,7x) v\u00e0 HCM (15,2x), nh\u01b0ng cao h\u01a1n VCI (11,3x). V\u1edbi ROE 15,7%, SSI ch\u1ec9 th\u1ea5p h\u01a1n VND (16,2%) m\u1ed9t ch\u00fat nh\u01b0ng v\u01b0\u1ee3t tr\u1ed9i so v\u1edbi VCI v\u00e0 HCM. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y SSI c\u00f3 \u0111\u1ecbnh gi\u00e1 h\u1ee3p l\u00fd so v\u1edbi hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng v\u00e0 ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>L\u1ee3i th\u1ebf c\u1ea1nh tranh c\u1ee7a SSI so v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7 trong n\u0103m 2024:<\/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'>V\u1ed1n \u0111i\u1ec1u l\u1ec7 l\u1edbn nh\u1ea5t ng\u00e0nh (15.237 t\u1ef7 VND), cao h\u01a1n VND 23% v\u00e0 HCM 108%<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1ea7u t\u01b0 m\u1ea1nh v\u00e0o c\u00f4ng ngh\u1ec7 v\u1edbi SSI Pro Trading 3.0 (ra m\u1eaft Q1\/2024), t\u0103ng t\u1ed1c \u0111\u1ed9 x\u1eed l\u00fd l\u1ec7nh 40%<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>M\u1ea1ng l\u01b0\u1edbi 14 chi nh\u00e1nh v\u00e0 20 ph\u00f2ng giao d\u1ecbch tr\u00ean to\u00e0n qu\u1ed1c, nhi\u1ec1u h\u01a1n VCI (9 chi nh\u00e1nh) v\u00e0 HCM (10 chi nh\u00e1nh)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1ed9i ng\u0169 ph\u00e2n t\u00edch v\u1edbi 35 chuy\u00ean gia, \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 top 1 v\u1ec1 ch\u1ea5t l\u01b0\u1ee3ng b\u00e1o c\u00e1o theo kh\u1ea3o s\u00e1t Vietstock 2023<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u1ed1i t\u00e1c chi\u1ebfn l\u01b0\u1ee3c qu\u1ed1c t\u1ebf t\u1eeb Nh\u1eadt B\u1ea3n (Daiwa Securities) h\u1ed7 tr\u1ee3 ph\u00e1t tri\u1ec3n s\u1ea3n ph\u1ea9m v\u00e0 ti\u1ebfp c\u1eadn kh\u00e1ch h\u00e0ng qu\u1ed1c t\u1ebf<\/li>\n<\/ul>\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 v\u1edbi c\u1ed5 phi\u1ebfu SSI cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam 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 v\u1ec1 SSI, d\u01b0\u1edbi \u0111\u00e2y l\u00e0 c\u00e1c chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 c\u1ee5 th\u1ec3 cho c\u00e1c nh\u00f3m nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam trong giai \u0111o\u1ea1n 2024-2025.<\/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 \u0111\u1ea7u t\u01b0 theo khung th\u1eddi gian v\u00e0 lo\u1ea1i nh\u00e0 \u0111\u1ea7u t\u01b0<\/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>Khung th\u1eddi gian<\/th>\n<th>Chi\u1ebfn l\u01b0\u1ee3c c\u1ee5 th\u1ec3<\/th>\n<th>L\u01b0u \u00fd quan tr\u1ecdng<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Ng\u1eafn h\u1ea1n (1-3 th\u00e1ng)<\/td>\n<td>&#8211; Mua t\u1ea1i v\u00f9ng h\u1ed7 tr\u1ee3 22.300-22.800 \u0111\u1ed3ng- \u0110\u1eb7t m\u1ee5c ti\u00eau l\u1ee3i nhu\u1eadn 10-15% (25.000-26.000 \u0111\u1ed3ng)- C\u1eaft l\u1ed7 t\u1ea1i 21.500 \u0111\u1ed3ng (-3,5%)<\/td>\n<td>&#8211; Theo d\u00f5i kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch b\u1ea5t th\u01b0\u1eddng- Ch\u00fa \u00fd b\u00e1o c\u00e1o k\u1ebft qu\u1ea3 kinh doanh Q3\/2024 (d\u1ef1 ki\u1ebfn gi\u1eefa th\u00e1ng 10)<\/td>\n<\/tr>\n<tr>\n<td>Trung h\u1ea1n (3-12 th\u00e1ng)<\/td>\n<td>&#8211; Ph\u00e2n b\u1ed5 v\u1ed1n th\u00e0nh 3 giai \u0111o\u1ea1n: 40% t\u1ea1i v\u00f9ng 22.300-23.000; 30% t\u1ea1i 24.000-24.500; 30% khi x\u00e1c nh\u1eadn xu h\u01b0\u1edbng t\u0103ng- M\u1ee5c ti\u00eau: 28.500-29.700 \u0111\u1ed3ng (+25-30%)<\/td>\n<td>&#8211; \u0110\u00e1nh gi\u00e1 l\u1ea1i chi\u1ebfn l\u01b0\u1ee3c sau m\u1ed7i b\u00e1o c\u00e1o t\u00e0i ch\u00ednh qu\u00fd- Theo d\u00f5i thay \u0111\u1ed5i h\u00e0ng th\u00e1ng trong th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi<\/td>\n<\/tr>\n<tr>\n<td>D\u00e0i h\u1ea1n (&gt;12 th\u00e1ng)<\/td>\n<td>&#8211; T\u00edch l\u0169y d\u1ea7n trong kho\u1ea3ng gi\u00e1 22.000-26.000 \u0111\u1ed3ng- M\u1ee5c ti\u00eau 2025: 32.000-35.000 \u0111\u1ed3ng (+40-50%)- Xem x\u00e9t chi\u1ebfn l\u01b0\u1ee3c DCA h\u00e0ng th\u00e1ng v\u1edbi 5-10% v\u1ed1n \u0111\u1ea7u t\u01b0<\/td>\n<td>&#8211; Ch\u00fa \u00fd ti\u1ebfn \u0111\u1ed9 n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng- Theo d\u00f5i chi\u1ebfn l\u01b0\u1ee3c m\u1edf r\u1ed9ng th\u1ecb ph\u1ea7n c\u1ee7a SSI- \u0110\u00e1nh gi\u00e1 kh\u1ea3 n\u0103ng t\u0103ng v\u1ed1n<\/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\u00e1c chuy\u00ean gia&nbsp;<b>Pocket Option<\/b>&nbsp;\u0111\u1ec1 xu\u1ea5t chi\u1ebfn l\u01b0\u1ee3c ph\u00e2n b\u1ed5 v\u1ed1n theo giai \u0111o\u1ea1n (DCA &#8211; Dollar Cost Averaging) cho c\u1ed5 phi\u1ebfu SSI. V\u1edbi ph\u01b0\u01a1ng ph\u00e1p n\u00e0y, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 gi\u1ea3m thi\u1ec3u r\u1ee7i ro bi\u1ebfn \u0111\u1ed9ng gi\u00e1 ng\u1eafn h\u1ea1n trong khi v\u1eabn t\u00edch l\u0169y c\u1ed5 phi\u1ebfu \u1edf m\u1ee9c gi\u00e1 trung b\u00ecnh h\u1ee3p l\u00fd.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>V\u00ed d\u1ee5 c\u1ee5 th\u1ec3 cho chi\u1ebfn l\u01b0\u1ee3c DCA v\u1edbi SSI:<\/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'>Ph\u00e2n b\u1ed5 10% v\u1ed1n \u0111\u1ea7u t\u01b0 v\u00e0o SSI m\u1ed7i th\u00e1ng trong 10 th\u00e1ng<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Mua th\u00eam 5-7% khi gi\u00e1 gi\u1ea3m v\u1ec1 c\u00e1c v\u00f9ng h\u1ed7 tr\u1ee3 m\u1ea1nh (22.300-22.800 \u0111\u1ed3ng)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Gi\u1ea3m mua xu\u1ed1ng 3-5% khi gi\u00e1 ti\u1ebfp c\u1eadn c\u00e1c v\u00f9ng kh\u00e1ng c\u1ef1 (28.500-29.700 \u0111\u1ed3ng)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Xem x\u00e9t hi\u1ec7n th\u1ef1c h\u00f3a 20-30% l\u1ee3i nhu\u1eadn khi \u0111\u1ea1t m\u1ee5c ti\u00eau trung h\u1ea1n, gi\u1eef 70-80% cho m\u1ee5c ti\u00eau d\u00e0i h\u1ea1n<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>R\u1ee7i ro v\u00e0 th\u00e1ch th\u1ee9c khi \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu SSI trong 2024-2025<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>M\u1eb7c d\u00f9 SSI l\u00e0 m\u1ed9t c\u00f4ng ty ch\u1ee9ng kho\u00e1n h\u00e0ng \u0111\u1ea7u, vi\u1ec7c \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu n\u00e0y v\u1eabn ti\u1ec1m \u1ea9n nh\u1eefng r\u1ee7i ro c\u1ee5 th\u1ec3 m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n \u0111\u00e1nh gi\u00e1 k\u1ef9 l\u01b0\u1ee1ng tr\u01b0\u1edbc khi quy\u1ebft \u0111\u1ecbnh&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI hay kh\u00f4ng<\/b>.<\/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>Lo\u1ea1i r\u1ee7i ro<\/th>\n<th>M\u00f4 t\u1ea3 c\u1ee5 th\u1ec3<\/th>\n<th>Bi\u1ec7n ph\u00e1p gi\u1ea3m thi\u1ec3u<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>R\u1ee7i ro th\u1ecb tr\u01b0\u1eddng<\/td>\n<td>&#8211; VN-Index gi\u1ea3m 10% c\u00f3 th\u1ec3 khi\u1ebfn SSI gi\u1ea3m 15-20%- Thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng gi\u1ea3m 30% c\u00f3 th\u1ec3 gi\u1ea3m doanh thu m\u00f4i gi\u1edbi 20-25%<\/td>\n<td>&#8211; Ph\u00e2n b\u1ed5 v\u1ed1n theo giai \u0111o\u1ea1n- \u0110\u1eb7t c\u1eaft l\u1ed7 \u1edf m\u1ee9c -7% cho \u0111\u1ea7u t\u01b0 ng\u1eafn h\u1ea1n- \u0110a d\u1ea1ng h\u00f3a danh m\u1ee5c v\u1edbi t\u1ed1i \u0111a 5-7% v\u00e0o SSI<\/td>\n<\/tr>\n<tr>\n<td>R\u1ee7i ro c\u1ea1nh tranh<\/td>\n<td>&#8211; \u00c1p l\u1ef1c gi\u1ea3m ph\u00ed m\u00f4i gi\u1edbi t\u1eeb 0,15% xu\u1ed1ng 0,1-0,12%- C\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n n\u01b0\u1edbc ngo\u00e0i (KIS, Mirae Asset) t\u0103ng th\u1ecb ph\u1ea7n<\/td>\n<td>&#8211; Theo d\u00f5i b\u00e1o c\u00e1o th\u1ecb ph\u1ea7n h\u00e0ng qu\u00fd- \u0110\u00e1nh gi\u00e1 chi\u1ebfn l\u01b0\u1ee3c c\u00f4ng ngh\u1ec7 c\u1ee7a SSI<\/td>\n<\/tr>\n<tr>\n<td>R\u1ee7i ro ch\u00ednh s\u00e1ch<\/td>\n<td>&#8211; Th\u00f4ng t\u01b0 15\/2024\/TT-BTC th\u1eaft ch\u1eb7t t\u1ef7 l\u1ec7 cho vay k\u00fd qu\u1ef9- Y\u00eau c\u1ea7u t\u0103ng v\u1ed1n t\u1ed1i thi\u1ec3u cho c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n theo l\u1ed9 tr\u00ecnh 2025<\/td>\n<td>&#8211; C\u1eadp nh\u1eadt th\u00f4ng tin t\u1eeb UBCK- \u0110\u00e1nh gi\u00e1 t\u00e1c \u0111\u1ed9ng c\u1ee7a c\u00e1c quy \u0111\u1ecbnh m\u1edbi<\/td>\n<\/tr>\n<tr>\n<td>R\u1ee7i ro c\u00f4ng ngh\u1ec7<\/td>\n<td>&#8211; \u0110\u1ea7u t\u01b0 l\u1edbn v\u00e0o n\u1ec1n t\u1ea3ng giao d\u1ecbch m\u1edbi (45 t\u1ef7 VND trong 2024)- C\u1ea1nh tranh v\u1ec1 tr\u1ea3i nghi\u1ec7m ng\u01b0\u1eddi d\u00f9ng v\u1edbi VPS, TCBS<\/td>\n<td>&#8211; \u0110\u00e1nh gi\u00e1 hi\u1ec7u qu\u1ea3 \u0111\u1ea7u t\u01b0 c\u00f4ng ngh\u1ec7 th\u00f4ng qua t\u0103ng tr\u01b0\u1edfng s\u1ed1 l\u01b0\u1ee3ng t\u00e0i kho\u1ea3n m\u1edbi<\/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'>R\u1ee7i ro l\u1edbn nh\u1ea5t \u0111\u1ed1i v\u1edbi SSI l\u00e0 s\u1ef1 ph\u1ee5 thu\u1ed9c v\u00e0o chu k\u1ef3 th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam. Ph\u00e2n t\u00edch l\u1ecbch s\u1eed cho th\u1ea5y khi VN-Index gi\u1ea3m 10%, c\u1ed5 phi\u1ebfu SSI th\u01b0\u1eddng gi\u1ea3m 15-20%, cho th\u1ea5y h\u1ec7 s\u1ed1 beta kho\u1ea3ng 1,5-2,0 so v\u1edbi th\u1ecb tr\u01b0\u1eddng chung. C\u1ee5 th\u1ec3, trong \u0111\u1ee3t \u0111i\u1ec1u ch\u1ec9nh th\u00e1ng 4\/2022, VN-Index gi\u1ea3m 18,6% trong khi SSI gi\u1ea3m 32,4%.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Tuy nhi\u00ean, v\u1edbi v\u1ecb th\u1ebf d\u1eabn \u0111\u1ea7u v\u00e0 n\u1ec1n t\u1ea3ng t\u00e0i ch\u00ednh m\u1ea1nh m\u1ebd, SSI c\u00f3 kh\u1ea3 n\u0103ng ph\u1ee5c h\u1ed3i nhanh h\u01a1n so v\u1edbi c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n nh\u1ecf h\u01a1n. Trong giai \u0111o\u1ea1n ph\u1ee5c h\u1ed3i t\u1eeb Q4\/2022 \u0111\u1ebfn Q2\/2023, SSI t\u0103ng 42,3% trong khi trung b\u00ecnh ng\u00e0nh ch\u1ec9 t\u0103ng 35,7%. \u0110\u00e2y l\u00e0 \u0111i\u1ec3m c\u1ea7n c\u00e2n nh\u1eafc khi \u0111\u00e1nh gi\u00e1&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI<\/b>&nbsp;trong chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n.<\/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 v\u1ec1 ti\u1ec1m n\u0103ng \u0111\u1ea7u t\u01b0 c\u1ee7a c\u1ed5 phi\u1ebfu SSI 2024-2025<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Sau khi ph\u00e2n t\u00edch to\u00e0n di\u1ec7n v\u1ec1 c\u1ed5 phi\u1ebfu SSI, ch\u00fang t\u00f4i \u0111\u01b0a ra k\u1ebft lu\u1eadn c\u1ee5 th\u1ec3 v\u1ec1 ti\u1ec1m n\u0103ng \u0111\u1ea7u t\u01b0 c\u1ee7a c\u1ed5 phi\u1ebfu n\u00e0y trong giai \u0111o\u1ea1n 2024-2025.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>SSI kh\u00f4ng ch\u1ec9 l\u00e0 m\u1ed9t c\u00f4ng ty ch\u1ee9ng kho\u00e1n h\u00e0ng \u0111\u1ea7u t\u1ea1i Vi\u1ec7t Nam v\u1edbi th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi 10,2% m\u00e0 c\u00f2n l\u00e0 m\u1ed9t doanh nghi\u1ec7p c\u00f3 chi\u1ebfn l\u01b0\u1ee3c \u0111a d\u1ea1ng h\u00f3a doanh thu hi\u1ec7u qu\u1ea3. K\u1ebft qu\u1ea3 kinh doanh 6 th\u00e1ng \u0111\u1ea7u n\u0103m 2024 cho th\u1ea5y s\u1ef1 t\u0103ng tr\u01b0\u1edfng \u1ea5n t\u01b0\u1ee3ng v\u1edbi l\u1ee3i nhu\u1eadn r\u00f2ng \u0111\u1ea1t 946 t\u1ef7 \u0111\u1ed3ng (+34,2% YoY), ROE c\u1ea3i thi\u1ec7n l\u00ean 15,7%.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>V\u1ec1 \u0111\u1ecbnh gi\u00e1, v\u1edbi P\/E hi\u1ec7n t\u1ea1i l\u00e0 13,2x v\u00e0 P\/B l\u00e0 1,32x, c\u1ed5 phi\u1ebfu SSI \u0111ang giao d\u1ecbch \u1edf m\u1ee9c h\u1ea5p d\u1eabn h\u01a1n so v\u1edbi m\u1ed9t s\u1ed1 \u0111\u1ed1i th\u1ee7 nh\u01b0 VND (P\/E 14,7x) v\u00e0 HCM (P\/E 15,2x). D\u1ef1a tr\u00ean d\u1ef1 b\u00e1o t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn 25-30% trong 2025, gi\u00e1 h\u1ee3p l\u00fd c\u1ee7a SSI c\u00f3 th\u1ec3 \u0111\u1ea1t 32.000-35.000 \u0111\u1ed3ng (+40-50% so v\u1edbi kho\u1ea3ng gi\u00e1 hi\u1ec7n t\u1ea1i).<\/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 n\u00ean l\u01b0u \u00fd c\u00e1c y\u1ebfu t\u1ed1 t\u00edch c\u1ef1c sau khi quy\u1ebft \u0111\u1ecbnh&nbsp;<b>c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI<\/b>:<\/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'>Ti\u1ec1m n\u0103ng t\u1eeb d\u1ef1 \u00e1n n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam 2025-2026<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>L\u1ee3i th\u1ebf c\u1ea1nh tranh v\u1ec1 quy m\u00f4 v\u1ed1n, th\u01b0\u01a1ng hi\u1ec7u v\u00e0 c\u00f4ng ngh\u1ec7<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Xu h\u01b0\u1edbng l\u00e3i su\u1ea5t gi\u1ea3m h\u1ed7 tr\u1ee3 kinh doanh k\u00fd qu\u1ef9 v\u00e0 t\u1ef1 doanh<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i \u0111\u00e3 quay l\u1ea1i mua r\u00f2ng 135 t\u1ef7 \u0111\u1ed3ng trong Q2\/2024<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt cho th\u1ea5y ti\u1ec1m n\u0103ng \u0111\u1ed9t ph\u00e1 t\u1eeb m\u00f4 h\u00ecnh t\u00edch l\u0169y tam gi\u00e1c<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'><b>Pocket Option<\/b>&nbsp;khuy\u1ebfn ngh\u1ecb nh\u00e0 \u0111\u1ea7u t\u01b0 xem x\u00e9t SSI nh\u01b0 m\u1ed9t kho\u1ea3n \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n trong danh m\u1ee5c c\u1ee7a m\u00ecnh, v\u1edbi chi\u1ebfn l\u01b0\u1ee3c t\u00edch l\u0169y theo giai \u0111o\u1ea1n. V\u1edbi v\u1ecb th\u1ebf d\u1eabn \u0111\u1ea7u trong ng\u00e0nh v\u00e0 ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng t\u1eeb xu h\u01b0\u1edbng ph\u00e1t tri\u1ec3n c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam, SSI l\u00e0 l\u1ef1a ch\u1ecdn h\u1ee3p l\u00fd cho nh\u00e0 \u0111\u1ea7u t\u01b0 mu\u1ed1n tham gia v\u00e0o l\u0129nh v\u1ef1c t\u00e0i ch\u00ednh-ch\u1ee9ng kho\u00e1n.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Tuy nhi\u00ean, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n th\u1eadn tr\u1ecdng v\u1edbi r\u1ee7i ro bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng, \u0111\u1eb7c bi\u1ec7t khi SSI c\u00f3 h\u1ec7 s\u1ed1 beta 1,5-2,0 so v\u1edbi VN-Index. Chi\u1ebfn l\u01b0\u1ee3c ph\u00e2n b\u1ed5 v\u1ed1n theo giai \u0111o\u1ea1n, k\u1ebft h\u1ee3p v\u1edbi vi\u1ec7c theo d\u00f5i s\u00e1t sao di\u1ec5n bi\u1ebfn th\u1ecb tr\u01b0\u1eddng v\u00e0 k\u1ebft qu\u1ea3 kinh doanh h\u00e0ng qu\u00fd c\u1ee7a c\u00f4ng ty, l\u00e0 c\u1ef1c k\u1ef3 quan tr\u1ecdng \u0111\u1ec3 \u0111\u1ea1t hi\u1ec7u qu\u1ea3 \u0111\u1ea7u t\u01b0 t\u1ed1i \u01b0u.<\/p>\n<\/div>\n"},"faq":[{"question":"C\u1ed5 phi\u1ebfu SSI c\u00f3 ph\u00f9 h\u1ee3p \u0111\u1ec3 \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n kh\u00f4ng?","answer":"SSI l\u00e0 m\u1ed9t l\u1ef1a ch\u1ecdn ph\u00f9 h\u1ee3p cho \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n n\u1ebfu b\u1ea1n tin v\u00e0o s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam. V\u1edbi th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi 10,2%, v\u1ed1n \u0111i\u1ec1u l\u1ec7 l\u1edbn nh\u1ea5t trong ng\u00e0nh (15.237 t\u1ef7 VND), v\u00e0 ROE 15,7%, SSI c\u00f3 n\u1ec1n t\u1ea3ng v\u1eefng ch\u1eafc cho s\u1ef1 t\u0103ng tr\u01b0\u1edfng b\u1ec1n v\u1eefng. Giai \u0111o\u1ea1n 2025-2026 v\u1edbi k\u1ef3 v\u1ecdng n\u00e2ng c\u1ea5p th\u1ecb tr\u01b0\u1eddng s\u1ebd l\u00e0 \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng quan tr\u1ecdng cho SSI. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n n\u00ean chu\u1ea9n b\u1ecb n\u1eafm gi\u1eef \u00edt nh\u1ea5t 24-36 th\u00e1ng v\u00e0 s\u1eb5n s\u00e0ng ch\u1ecbu \u0111\u1ef1ng bi\u1ebfn \u0111\u1ed9ng 20-30% trong ng\u1eafn h\u1ea1n."},{"question":"Khi n\u00e0o l\u00e0 th\u1eddi \u0111i\u1ec3m th\u00edch h\u1ee3p \u0111\u1ec3 mua c\u1ed5 phi\u1ebfu SSI?","answer":"Th\u1eddi \u0111i\u1ec3m l\u00fd t\u01b0\u1edfng \u0111\u1ec3 mua SSI l\u00e0 khi gi\u00e1 ti\u1ebfp c\u1eadn c\u00e1c v\u00f9ng h\u1ed7 tr\u1ee3 m\u1ea1nh t\u1eeb 22,300-22,800 VND ho\u1eb7c 18,200-18,900 VND. \u0110\u1eb7c bi\u1ec7t ch\u00fa \u00fd mua khi xu\u1ea5t hi\u1ec7n c\u00e1c t\u00edn hi\u1ec7u k\u1ef9 thu\u1eadt t\u00edch c\u1ef1c nh\u01b0: (1) kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch t\u0103ng m\u1ea1nh tr\u00ean 3 tri\u1ec7u c\u1ed5 phi\u1ebfu\/phi\u00ean t\u1ea1i v\u00f9ng h\u1ed7 tr\u1ee3, (2) RSI ph\u1ee5c h\u1ed3i t\u1eeb d\u01b0\u1edbi 30, ho\u1eb7c (3) MACD c\u1eaft l\u00ean tr\u00ean \u0111\u01b0\u1eddng t\u00edn hi\u1ec7u. Hi\u1ec7n t\u1ea1i (Q3\/2024), v\u1edbi l\u00e3i su\u1ea5t gi\u1ea3m v\u00e0 thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng d\u1ef1 b\u00e1o t\u0103ng trong Q4\/2024, \u0111\u00e2y l\u00e0 giai \u0111o\u1ea1n t\u00edch l\u0169y h\u1ee3p l\u00fd cho c\u00e1c chi\u1ebfn l\u01b0\u1ee3c trung v\u00e0 d\u00e0i h\u1ea1n."},{"question":"SSI c\u00f3 th\u01b0\u1eddng xuy\u00ean tr\u1ea3 c\u1ed5 t\u1ee9c kh\u00f4ng?","answer":"SSI c\u00f3 l\u1ecbch s\u1eed chi tr\u1ea3 c\u1ed5 t\u1ee9c \u0111\u1ec1u \u0111\u1eb7n nh\u01b0ng kh\u00f4ng cao. Trong giai \u0111o\u1ea1n 2022-2024, SSI duy tr\u00ec c\u1ed5 t\u1ee9c ti\u1ec1n m\u1eb7t t\u1eeb 5-8% v\u00e0 c\u1ed5 t\u1ee9c c\u1ed5 phi\u1ebfu t\u1eeb 8-10%. C\u1ee5 th\u1ec3, n\u0103m 2023, SSI chi tr\u1ea3 c\u1ed5 t\u1ee9c ti\u1ec1n m\u1eb7t 5% (500 VND\/c\u1ed5 phi\u1ebfu) v\u00e0 10% b\u1eb1ng c\u1ed5 phi\u1ebfu. \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng n\u0103m 2024 \u0111\u00e3 th\u00f4ng qua k\u1ebf ho\u1ea1ch c\u1ed5 t\u1ee9c l\u00ean \u0111\u1ebfn 8% b\u1eb1ng ti\u1ec1n m\u1eb7t v\u00e0 8% b\u1eb1ng c\u1ed5 phi\u1ebfu. Chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a SSI \u01b0u ti\u00ean t\u00e1i \u0111\u1ea7u t\u01b0 cho ph\u00e1t tri\u1ec3n, \u0111\u1eb7c bi\u1ec7t l\u00e0 trong c\u00f4ng ngh\u1ec7 v\u00e0 m\u1edf r\u1ed9ng th\u1ecb ph\u1ea7n. Nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00f4ng n\u00ean mua SSI v\u1edbi m\u1ee5c ti\u00eau ch\u00ednh l\u00e0 nh\u1eadn c\u1ed5 t\u1ee9c, m\u00e0 n\u00ean t\u1eadp trung v\u00e0o ti\u1ec1m n\u0103ng t\u0103ng gi\u00e1."},{"question":"L\u00e0m th\u1ebf n\u00e0o \u0111\u1ec3 theo d\u00f5i hi\u1ec7u qu\u1ea3 hi\u1ec7u su\u1ea5t \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu SSI?","answer":"\u0110\u1ec3 gi\u00e1m s\u00e1t hi\u1ec7u su\u1ea5t \u0111\u1ea7u t\u01b0 trong SSI, t\u1eadp trung v\u00e0o 5 ch\u1ec9 s\u1ed1 ch\u00ednh: (1) Th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi h\u00e0ng qu\u00fd (m\u1ee5c ti\u00eau >10%), (2) T\u1ef7 l\u1ec7 ROE (m\u1ee5c ti\u00eau >15%), (3) T\u0103ng tr\u01b0\u1edfng doanh thu v\u00e0 l\u1ee3i nhu\u1eadn h\u00e0ng qu\u00fd (so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc v\u00e0 qu\u00fd tr\u01b0\u1edbc), (4) T\u1ef7 l\u1ec7 n\u1ee3 tr\u00ean v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu (gi\u1eef d\u01b0\u1edbi 2x), v\u00e0 (5) Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch trung b\u00ecnh c\u1ee7a th\u1ecb tr\u01b0\u1eddng. Ngo\u00e0i ra, theo d\u00f5i c\u00e1c b\u00e1o c\u00e1o ph\u00e2n t\u00edch t\u1eeb Pocket Option v\u1ec1 tri\u1ec3n v\u1ecdng c\u1ee7a ng\u00e0nh ch\u1ee9ng kho\u00e1n v\u00e0 SSI \u0111\u1ec3 c\u00f3 c\u00e1i nh\u00ecn s\u00e2u s\u1eafc v\u1ec1 bi\u1ebfn \u0111\u1ed9ng c\u1ed5 phi\u1ebfu."},{"question":"Bao nhi\u00eau ph\u1ea7n tr\u0103m c\u1ee7a danh m\u1ee5c \u0111\u1ea7u t\u01b0 n\u00ean \u0111\u01b0\u1ee3c ph\u00e2n b\u1ed5 cho c\u1ed5 phi\u1ebfu SSI?","answer":"T\u1ef7 l\u1ec7 l\u00fd t\u01b0\u1edfng cho SSI trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 ph\u1ee5 thu\u1ed9c v\u00e0o m\u1ee5c ti\u00eau v\u00e0 kh\u1ea9u v\u1ecb r\u1ee7i ro. \u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 trung b\u00ecnh, SSI n\u00ean \u0111\u01b0\u1ee3c gi\u1edbi h\u1ea1n \u1edf m\u1ee9c 5-7% t\u1ed5ng danh m\u1ee5c. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u01b0a th\u00edch c\u1ed5 phi\u1ebfu t\u00e0i ch\u00ednh c\u00f3 th\u1ec3 t\u0103ng l\u00ean 8-10%, nh\u01b0ng kh\u00f4ng n\u00ean v\u01b0\u1ee3t qu\u00e1 12% \u0111\u1ec3 tr\u00e1nh r\u1ee7i ro t\u1eadp trung. Chi\u1ebfn l\u01b0\u1ee3c ph\u00e2n b\u1ed5 hi\u1ec7u qu\u1ea3 l\u00e0: 40% v\u1ed1n d\u1ef1 \u0111\u1ecbnh cho SSI \u1edf m\u1ee9c gi\u00e1 22,300-23,000 VND, 30% \u1edf m\u1ee9c 24,000-24,500 VND, v\u00e0 30% khi x\u00e1c nh\u1eadn xu h\u01b0\u1edbng t\u0103ng (MACD c\u1eaft l\u00ean v\u00e0 gi\u00e1 v\u01b0\u1ee3t MA50). Lu\u00f4n duy tr\u00ec s\u1ef1 \u0111a d\u1ea1ng h\u00f3a v\u1edbi c\u00e1c ng\u00e0nh kh\u00e1c nh\u01b0 b\u00e1n l\u1ebb, c\u00f4ng ngh\u1ec7 v\u00e0 s\u1ea3n xu\u1ea5t."}],"faq_source":{"label":"FAQ","type":"repeater","formatted_value":[{"question":"C\u1ed5 phi\u1ebfu SSI c\u00f3 ph\u00f9 h\u1ee3p \u0111\u1ec3 \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n kh\u00f4ng?","answer":"SSI l\u00e0 m\u1ed9t l\u1ef1a ch\u1ecdn ph\u00f9 h\u1ee3p cho \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n n\u1ebfu b\u1ea1n tin v\u00e0o s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam. V\u1edbi th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi 10,2%, v\u1ed1n \u0111i\u1ec1u l\u1ec7 l\u1edbn nh\u1ea5t trong ng\u00e0nh (15.237 t\u1ef7 VND), v\u00e0 ROE 15,7%, SSI c\u00f3 n\u1ec1n t\u1ea3ng v\u1eefng ch\u1eafc cho s\u1ef1 t\u0103ng tr\u01b0\u1edfng b\u1ec1n v\u1eefng. Giai \u0111o\u1ea1n 2025-2026 v\u1edbi k\u1ef3 v\u1ecdng n\u00e2ng c\u1ea5p th\u1ecb tr\u01b0\u1eddng s\u1ebd l\u00e0 \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng quan tr\u1ecdng cho SSI. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n n\u00ean chu\u1ea9n b\u1ecb n\u1eafm gi\u1eef \u00edt nh\u1ea5t 24-36 th\u00e1ng v\u00e0 s\u1eb5n s\u00e0ng ch\u1ecbu \u0111\u1ef1ng bi\u1ebfn \u0111\u1ed9ng 20-30% trong ng\u1eafn h\u1ea1n."},{"question":"Khi n\u00e0o l\u00e0 th\u1eddi \u0111i\u1ec3m th\u00edch h\u1ee3p \u0111\u1ec3 mua c\u1ed5 phi\u1ebfu SSI?","answer":"Th\u1eddi \u0111i\u1ec3m l\u00fd t\u01b0\u1edfng \u0111\u1ec3 mua SSI l\u00e0 khi gi\u00e1 ti\u1ebfp c\u1eadn c\u00e1c v\u00f9ng h\u1ed7 tr\u1ee3 m\u1ea1nh t\u1eeb 22,300-22,800 VND ho\u1eb7c 18,200-18,900 VND. \u0110\u1eb7c bi\u1ec7t ch\u00fa \u00fd mua khi xu\u1ea5t hi\u1ec7n c\u00e1c t\u00edn hi\u1ec7u k\u1ef9 thu\u1eadt t\u00edch c\u1ef1c nh\u01b0: (1) kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch t\u0103ng m\u1ea1nh tr\u00ean 3 tri\u1ec7u c\u1ed5 phi\u1ebfu\/phi\u00ean t\u1ea1i v\u00f9ng h\u1ed7 tr\u1ee3, (2) RSI ph\u1ee5c h\u1ed3i t\u1eeb d\u01b0\u1edbi 30, ho\u1eb7c (3) MACD c\u1eaft l\u00ean tr\u00ean \u0111\u01b0\u1eddng t\u00edn hi\u1ec7u. Hi\u1ec7n t\u1ea1i (Q3\/2024), v\u1edbi l\u00e3i su\u1ea5t gi\u1ea3m v\u00e0 thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng d\u1ef1 b\u00e1o t\u0103ng trong Q4\/2024, \u0111\u00e2y l\u00e0 giai \u0111o\u1ea1n t\u00edch l\u0169y h\u1ee3p l\u00fd cho c\u00e1c chi\u1ebfn l\u01b0\u1ee3c trung v\u00e0 d\u00e0i h\u1ea1n."},{"question":"SSI c\u00f3 th\u01b0\u1eddng xuy\u00ean tr\u1ea3 c\u1ed5 t\u1ee9c kh\u00f4ng?","answer":"SSI c\u00f3 l\u1ecbch s\u1eed chi tr\u1ea3 c\u1ed5 t\u1ee9c \u0111\u1ec1u \u0111\u1eb7n nh\u01b0ng kh\u00f4ng cao. Trong giai \u0111o\u1ea1n 2022-2024, SSI duy tr\u00ec c\u1ed5 t\u1ee9c ti\u1ec1n m\u1eb7t t\u1eeb 5-8% v\u00e0 c\u1ed5 t\u1ee9c c\u1ed5 phi\u1ebfu t\u1eeb 8-10%. C\u1ee5 th\u1ec3, n\u0103m 2023, SSI chi tr\u1ea3 c\u1ed5 t\u1ee9c ti\u1ec1n m\u1eb7t 5% (500 VND\/c\u1ed5 phi\u1ebfu) v\u00e0 10% b\u1eb1ng c\u1ed5 phi\u1ebfu. \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng n\u0103m 2024 \u0111\u00e3 th\u00f4ng qua k\u1ebf ho\u1ea1ch c\u1ed5 t\u1ee9c l\u00ean \u0111\u1ebfn 8% b\u1eb1ng ti\u1ec1n m\u1eb7t v\u00e0 8% b\u1eb1ng c\u1ed5 phi\u1ebfu. Chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a SSI \u01b0u ti\u00ean t\u00e1i \u0111\u1ea7u t\u01b0 cho ph\u00e1t tri\u1ec3n, \u0111\u1eb7c bi\u1ec7t l\u00e0 trong c\u00f4ng ngh\u1ec7 v\u00e0 m\u1edf r\u1ed9ng th\u1ecb ph\u1ea7n. Nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00f4ng n\u00ean mua SSI v\u1edbi m\u1ee5c ti\u00eau ch\u00ednh l\u00e0 nh\u1eadn c\u1ed5 t\u1ee9c, m\u00e0 n\u00ean t\u1eadp trung v\u00e0o ti\u1ec1m n\u0103ng t\u0103ng gi\u00e1."},{"question":"L\u00e0m th\u1ebf n\u00e0o \u0111\u1ec3 theo d\u00f5i hi\u1ec7u qu\u1ea3 hi\u1ec7u su\u1ea5t \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu SSI?","answer":"\u0110\u1ec3 gi\u00e1m s\u00e1t hi\u1ec7u su\u1ea5t \u0111\u1ea7u t\u01b0 trong SSI, t\u1eadp trung v\u00e0o 5 ch\u1ec9 s\u1ed1 ch\u00ednh: (1) Th\u1ecb ph\u1ea7n m\u00f4i gi\u1edbi h\u00e0ng qu\u00fd (m\u1ee5c ti\u00eau >10%), (2) T\u1ef7 l\u1ec7 ROE (m\u1ee5c ti\u00eau >15%), (3) T\u0103ng tr\u01b0\u1edfng doanh thu v\u00e0 l\u1ee3i nhu\u1eadn h\u00e0ng qu\u00fd (so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc v\u00e0 qu\u00fd tr\u01b0\u1edbc), (4) T\u1ef7 l\u1ec7 n\u1ee3 tr\u00ean v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu (gi\u1eef d\u01b0\u1edbi 2x), v\u00e0 (5) Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch trung b\u00ecnh c\u1ee7a th\u1ecb tr\u01b0\u1eddng. Ngo\u00e0i ra, theo d\u00f5i c\u00e1c b\u00e1o c\u00e1o ph\u00e2n t\u00edch t\u1eeb Pocket Option v\u1ec1 tri\u1ec3n v\u1ecdng c\u1ee7a ng\u00e0nh ch\u1ee9ng kho\u00e1n v\u00e0 SSI \u0111\u1ec3 c\u00f3 c\u00e1i nh\u00ecn s\u00e2u s\u1eafc v\u1ec1 bi\u1ebfn \u0111\u1ed9ng c\u1ed5 phi\u1ebfu."},{"question":"Bao nhi\u00eau ph\u1ea7n tr\u0103m c\u1ee7a danh m\u1ee5c \u0111\u1ea7u t\u01b0 n\u00ean \u0111\u01b0\u1ee3c ph\u00e2n b\u1ed5 cho c\u1ed5 phi\u1ebfu SSI?","answer":"T\u1ef7 l\u1ec7 l\u00fd t\u01b0\u1edfng cho SSI trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 ph\u1ee5 thu\u1ed9c v\u00e0o m\u1ee5c ti\u00eau v\u00e0 kh\u1ea9u v\u1ecb r\u1ee7i ro. \u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 trung b\u00ecnh, SSI n\u00ean \u0111\u01b0\u1ee3c gi\u1edbi h\u1ea1n \u1edf m\u1ee9c 5-7% t\u1ed5ng danh m\u1ee5c. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u01b0a th\u00edch c\u1ed5 phi\u1ebfu t\u00e0i ch\u00ednh c\u00f3 th\u1ec3 t\u0103ng l\u00ean 8-10%, nh\u01b0ng kh\u00f4ng n\u00ean v\u01b0\u1ee3t qu\u00e1 12% \u0111\u1ec3 tr\u00e1nh r\u1ee7i ro t\u1eadp trung. Chi\u1ebfn l\u01b0\u1ee3c ph\u00e2n b\u1ed5 hi\u1ec7u qu\u1ea3 l\u00e0: 40% v\u1ed1n d\u1ef1 \u0111\u1ecbnh cho SSI \u1edf m\u1ee9c gi\u00e1 22,300-23,000 VND, 30% \u1edf m\u1ee9c 24,000-24,500 VND, v\u00e0 30% khi x\u00e1c nh\u1eadn xu h\u01b0\u1edbng t\u0103ng (MACD c\u1eaft l\u00ean v\u00e0 gi\u00e1 v\u01b0\u1ee3t MA50). Lu\u00f4n duy tr\u00ec s\u1ef1 \u0111a d\u1ea1ng h\u00f3a v\u1edbi c\u00e1c ng\u00e0nh kh\u00e1c nh\u01b0 b\u00e1n l\u1ebb, c\u00f4ng ngh\u1ec7 v\u00e0 s\u1ea3n xu\u1ea5t."}]}},"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\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI trong giai \u0111o\u1ea1n 2024-2025: Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam<\/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\/learning\/should-i-buy-ssi-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"C\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI trong giai \u0111o\u1ea1n 2024-2025: Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocket Option blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-31T12:38:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740043766488-489244982.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\/learning\/should-i-buy-ssi-stock\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/\"},\"author\":{\"name\":\"Andrew OK\",\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/#\/schema\/person\/8c927d60ff98b0ebe00861e922a035d3\"},\"headline\":\"C\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI trong giai \u0111o\u1ea1n 2024-2025: Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam\",\"datePublished\":\"2025-07-31T12:38:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/\"},\"wordCount\":28,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740043766488-489244982.webp\",\"articleSection\":[\"Learning\"],\"inLanguage\":\"vt-VT\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/\",\"url\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/\",\"name\":\"C\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI trong giai \u0111o\u1ea1n 2024-2025: Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam\",\"isPartOf\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740043766488-489244982.webp\",\"datePublished\":\"2025-07-31T12:38:25+00:00\",\"author\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/#\/schema\/person\/8c927d60ff98b0ebe00861e922a035d3\"},\"breadcrumb\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#breadcrumb\"},\"inLanguage\":\"vt-VT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"vt-VT\",\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#primaryimage\",\"url\":\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740043766488-489244982.webp\",\"contentUrl\":\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740043766488-489244982.webp\",\"width\":1840,\"height\":700},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pocketoption.com\/blog\/vt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"C\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI trong giai \u0111o\u1ea1n 2024-2025: Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam\"}]},{\"@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\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI trong giai \u0111o\u1ea1n 2024-2025: Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam","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\/learning\/should-i-buy-ssi-stock\/","og_locale":"en_US","og_type":"article","og_title":"C\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI trong giai \u0111o\u1ea1n 2024-2025: Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam","og_url":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/","og_site_name":"Pocket Option blog","article_published_time":"2025-07-31T12:38:25+00:00","og_image":[{"width":1840,"height":700,"url":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740043766488-489244982.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\/learning\/should-i-buy-ssi-stock\/#article","isPartOf":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/"},"author":{"name":"Andrew OK","@id":"https:\/\/pocketoption.com\/blog\/vt\/#\/schema\/person\/8c927d60ff98b0ebe00861e922a035d3"},"headline":"C\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI trong giai \u0111o\u1ea1n 2024-2025: Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam","datePublished":"2025-07-31T12:38:25+00:00","mainEntityOfPage":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/"},"wordCount":28,"commentCount":0,"image":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#primaryimage"},"thumbnailUrl":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740043766488-489244982.webp","articleSection":["Learning"],"inLanguage":"vt-VT","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/","url":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/","name":"C\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI trong giai \u0111o\u1ea1n 2024-2025: Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam","isPartOf":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#primaryimage"},"image":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#primaryimage"},"thumbnailUrl":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740043766488-489244982.webp","datePublished":"2025-07-31T12:38:25+00:00","author":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/#\/schema\/person\/8c927d60ff98b0ebe00861e922a035d3"},"breadcrumb":{"@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#breadcrumb"},"inLanguage":"vt-VT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/"]}]},{"@type":"ImageObject","inLanguage":"vt-VT","@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#primaryimage","url":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740043766488-489244982.webp","contentUrl":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1740043766488-489244982.webp","width":1840,"height":700},{"@type":"BreadcrumbList","@id":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pocketoption.com\/blog\/vt\/"},{"@type":"ListItem","position":2,"name":"C\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu SSI trong giai \u0111o\u1ea1n 2024-2025: Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam"}]},{"@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":324168,"slug":"should-i-buy-ssi-stock","post_title":"Devo Comprar A\u00e7\u00f5es da SSI em 2024-2025: An\u00e1lise Abrangente para Investidores Vietnamitas","href":"https:\/\/pocketoption.com\/blog\/pt\/knowledge-base\/learning\/should-i-buy-ssi-stock\/"}},"_links":{"self":[{"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/posts\/324173","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=324173"}],"version-history":[{"count":0,"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/posts\/324173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/media\/213130"}],"wp:attachment":[{"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/media?parent=324173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/categories?post=324173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/vt\/wp-json\/wp\/v2\/tags?post=324173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}