{"id":18512,"date":"2011-03-18T09:58:52","date_gmt":"2011-03-18T09:58:52","guid":{"rendered":""},"modified":"2011-03-18T09:58:52","modified_gmt":"2011-03-18T09:58:52","slug":"binh-on-thi-truong-bds-hoc-gi-tu-the-gioi","status":"publish","type":"post","link":"https:\/\/dntieubieuna.vn\/?p=18512","title":{"rendered":"B\u00ecnh \u1ed5n th\u1ecb tr\u01b0\u1eddng B\u0110S: H\u1ecdc g\u00ec t\u1eeb th\u1ebf gi\u1edbi?"},"content":{"rendered":"

Trong c\u00e1c n\u01b0\u1edbc ch\u00e2u \u00c1, Singapore \u0111\u01b0\u1ee3c xem l\u00e0 qu\u1ed1c gia c\u00f3 m\u00f4 h\u00ecnh gi\u1ea3i quy\u1ebft nh\u00e0 \u1edf th\u00e0nh c\u00f4ng nh\u1ea5t. M\u00f4 h\u00ecnh n\u00e0y d\u1ef1a tr\u00ean ch\u01b0\u01a1ng tr\u00ecnh nh\u00e0 \u1edf c\u00f4ng c\u1ed9ng m\u00e0 c\u01a1 quan \u0111i\u1ec1u h\u00e0nh l\u00e0 H\u1ed9i \u0111\u1ed3ng ph\u00e1t tri\u1ec3n nh\u00e0 \u1edf Singapore (HDB) \u0111\u01b0\u1ee3c th\u00e0nh l\u1eadp v\u00e0o th\u00e1ng 2-1960. M\u1ed7i n\u0103m HDB nh\u1eadn \u0111\u01b0\u1ee3c t\u1eeb ng\u00e2n s\u00e1ch nh\u00e0 n\u01b0\u1edbc b\u00ecnh qu\u00e2n kho\u1ea3ng 1,2 t\u1ef7 USD \u0111\u1ec3 x\u00e2y d\u1ef1ng nh\u00e0 \u1edf x\u00e3 h\u1ed9i.
<\/STRONG> <\/FONT>

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\u1ea2nh ch\u1ec9 mang t\u00ednh ch\u1ea5t minh h\u1ecda<\/SPAN><\/FONT><\/DIV>

T\u1eeb \u0111\u00f3 \u0111\u1ebfn nay, HDB \u0111\u00e3 x\u00e2y d\u1ef1ng \u0111\u01b0\u1ee3c tr\u00ean 800.000 c\u0103n h\u1ed9 c\u00e1c lo\u1ea1i cho ng\u01b0\u1eddi \u1edf theo t\u1eebng \u0111\u1ed1i t\u01b0\u1ee3ng. Hi\u1ec7n nay tr\u00ean 90% d\u00e2n s\u1ed1 Singapore s\u1ed1ng \u1edf c\u00e1c chung c\u01b0 cao t\u1ea7ng, trong \u0111\u00f3 81% mua nh\u00e0 c\u1ee7a HDB b\u1eb1ng h\u00ecnh th\u1ee9c vay ti\u1ec1n tr\u1ea3 d\u1ea7n. Nh\u1eefng n\u01b0\u1edbc ph\u00e1t tri\u1ec3n nh\u01b0 Nh\u1eadt B\u1ea3n, H\u00e0n Qu\u1ed1c c\u0169ng t\u1ed5 ch\u1ee9c nh\u1eefng t\u1ed5ng c\u00f4ng ty nh\u00e0 n\u01b0\u1edbc \u0111\u1ea7u t\u01b0 ph\u00e1t tri\u1ec3n qu\u1ef9 nh\u00e0 \u1edf thu\u1ed9c s\u1edf h\u1eefu nh\u00e0 n\u01b0\u1edbc \u0111\u1ec3 \u1ed5n \u0111\u1ecbnh th\u1ecb tr\u01b0\u1eddng v\u00e0 b\u1ea3o \u0111\u1ea3m an sinh x\u00e3 h\u1ed9i. \u0110\u1ed1i v\u1edbi c\u00e1c qu\u1ed1c gia m\u00e0 nh\u00e0 n\u01b0\u1edbc kh\u00f4ng tr\u1ef1c ti\u1ebfp \u0111\u1ea7u t\u01b0 x\u00e2y d\u1ef1ng nh\u00e0 \u1edf, h\u1ea7u nh\u01b0 th\u1ecb tr\u01b0\u1eddng \u0111\u1ec1u do t\u01b0 nh\u00e2n ki\u1ec3m so\u00e1t, n\u00ean \u0111\u1ec1u x\u1ea3y ra t\u00ecnh tr\u1ea1ng c\u00e1c ch\u1ee7 \u0111\u1ea7u t\u01b0 ch\u00fa tr\u1ecdng x\u00e2y d\u1ef1ng nh\u00e0 \u1edf \u0111\u1eaft ti\u1ec1n ch\u1ec9 c\u00f3 ng\u01b0\u1eddi thu nh\u1eadp cao m\u1edbi mua \u0111\u01b0\u1ee3c, c\u00f2n ng\u01b0\u1eddi c\u00f3 thu nh\u1eadp th\u1ea5p th\u01b0\u1eddng s\u1ed1ng trong c\u00e1c khu \u1ed5 chu\u1ed9t. T\u1ea1i Vi\u1ec7t Nam, Ch\u00ednh ph\u1ee7 s\u1eed d\u1ee5ng v\u1ed1n t\u1eeb ng\u00e2n s\u00e1ch \u0111\u1ea7u t\u01b0 x\u00e2y d\u1ef1ng nh\u00e0 \u1edf cho sinh vi\u00ean, c\u00f4ng nh\u00e2n c\u00e1c khu c\u00f4ng nghi\u1ec7p thu\u00ea \u1edf. C\u00f2n nh\u00e0 cho ng\u01b0\u1eddi thu nh\u1eadp th\u1ea5p, Ch\u00ednh ph\u1ee7 k\u00eau g\u1ecdi doanh nghi\u1ec7p \u0111\u1ea7u t\u01b0 th\u00f4ng qua ch\u00ednh s\u00e1ch h\u1ed7 tr\u1ee3, khuy\u1ebfn kh\u00edch v\u1ec1 \u0111\u1ea5t, h\u1ea1 t\u1ea7ng, v\u1ed1n… \u0110\u00e3 c\u00f3 r\u1ea5t nhi\u1ec1u d\u1ef1 \u00e1n nh\u00e0 \u1edf cho ng\u01b0\u1eddi thu nh\u1eadp th\u1ea5p \u0111\u0103ng k\u00fd nh\u01b0ng s\u1ed1 l\u01b0\u1ee3ng d\u1ef1 \u00e1n kh\u1edfi c\u00f4ng x\u00e2y d\u1ef1ng ch\u01b0a nhi\u1ec1u do doanh nghi\u1ec7p thi\u1ebfu v\u1ed1n.

\u0110i\u1ec1u ti\u1ebft ch\u00eanh l\u1ec7ch \u0111\u1ecba t\u00f4 <\/STRONG>

\u1ede c\u00e1c n\u01b0\u1edbc nh\u01b0 Australia, \u0110\u1ee9c, Canada… khi m\u1edf \u0111\u01b0\u1eddng s\u1ebd \u0111\u1ed3ng th\u1eddi gi\u1ea3i ph\u00f3ng m\u1eb7t b\u1eb1ng 2 b\u00ean \u0111\u01b0\u1eddng v\u00e0o 50m, sau \u0111\u00f3 quy ho\u1ea1ch \u0111\u1ea7u t\u01b0 nh\u00e0 \u1edf v\u00e0 c\u00e1c c\u00f4ng tr\u00ecnh ki\u1ebfn tr\u00fac \u0111\u00f4 th\u1ecb. Nh\u01b0 v\u1eady, Nh\u00e0 n\u01b0\u1edbc v\u1eeba \u0111i\u1ec1u ti\u1ebft \u0111\u01b0\u1ee3c ch\u00eanh l\u1ec7ch \u0111\u1ecba t\u00f4 do \u0111\u1ea7u t\u01b0 h\u1ea1 t\u1ea7ng mang l\u1ea1i, v\u1eeba th\u1ef1c hi\u1ec7n ch\u1ec9nh trang \u0111\u00f4 th\u1ecb theo h\u01b0\u1edbng v\u0103n minh, hi\u1ec7n \u0111\u1ea1i. Trung Qu\u1ed1c l\u00e0 n\u01b0\u1edbc \u0111\u00e3 \u00e1p d\u1ee5ng kinh nghi\u1ec7m n\u00e0y r\u1ea5t th\u00e0nh c\u00f4ng trong vi\u1ec7c n\u00e2ng c\u1ea5p c\u00e1c \u0111\u00f4 th\u1ecb. \u0110\u1eb7c bi\u1ec7t l\u00e0 B\u1eafc Kinh \u0111\u00e3 t\u1ea1o \u0111\u01b0\u1ee3c nh\u1eefng \u0111\u01b0\u1eddng ph\u1ed1 r\u1ea5t hi\u1ec7n \u0111\u1ea1i.

\u1ede \u0110\u00e0i Loan, nh\u1eefng ng\u01b0\u1eddi d\u00e2n c\u00f3 nh\u00e0 \u1edf \u0111\u01b0\u1ee3c ra m\u1eb7t \u0111\u01b0\u1eddng m\u1edbi m\u1edf, n\u1ebfu chuy\u1ec3n nh\u01b0\u1ee3ng \u0111\u1ea5t \u0111ai th\u00ec Nh\u00e0 n\u01b0\u1edbc s\u1ebd thu l\u1ea1i ph\u1ea7n ch\u00eanh l\u1ec7ch t\u0103ng th\u00eam do Nh\u00e0 n\u01b0\u1edbc \u0111\u1ea7u t\u01b0 \u0111\u01b0\u1eddng m\u00e0 c\u00f3 th\u00f4ng qua ch\u00ednh s\u00e1ch \u0111\u1ecbnh gi\u00e1 tr\u01b0\u1edbc v\u00e0 sau khi m\u1edf \u0111\u01b0\u1eddng. TP H\u00e0 N\u1ed9i c\u0169ng t\u1eebng \u0111\u1eb7t ra v\u1ea5n \u0111\u1ec1 n\u00e0y song v\u00ec nhi\u1ec1u l\u00fd do n\u00ean ch\u01b0a th\u1ef1c hi\u1ec7n. Nhi\u1ec1u d\u1ef1 \u00e1n, Nh\u00e0 n\u01b0\u1edbc ph\u1ea3i b\u1ecf chi ph\u00ed r\u1ea5t l\u1edbn \u0111\u1ec3 gi\u1ea3i ph\u00f3ng m\u1eb7t b\u1eb1ng nh\u01b0ng kh\u00f4ng \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u1ee3i \u00edch t\u1eeb ch\u00eanh l\u1ec7ch \u0111\u1ecba t\u00f4.

Ch\u1ee7 \u0111\u1ed9ng \u0111i\u1ec1u h\u00e0nh th\u1ecb tr\u01b0\u1eddng<\/STRONG>

Kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh \u1edf Th\u00e1i Lan n\u0103m 1997 l\u00e0 do ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 qu\u00e1 m\u1ee9c v\u00e0o th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n (B\u0110S), 35% t\u1ed5ng d\u01b0 n\u1ee3 trong h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng. Khi th\u1ecb tr\u01b0\u1eddng B\u0110S suy gi\u1ea3m, ng\u00e2n h\u00e0ng m\u1ea5t kh\u1ea3 n\u0103ng chi tr\u1ea3 khi\u1ebfn kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh lan t\u1ecfa sang kh\u1ee7ng ho\u1ea3ng kinh t\u1ebf. Cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh t\u1ea1i M\u1ef9 c\u0169ng b\u1eaft ngu\u1ed3n t\u1eeb vi\u1ec7c gia t\u0103ng ngu\u1ed3n v\u1ed1n t\u00e0i tr\u1ee3 \u0111\u1ec3 mua b\u00e1n nh\u00e0 \u1edf th\u00f4ng qua k\u1ef9 thu\u1eadt “ch\u1ee9ng kho\u00e1n h\u00f3a B\u0110S th\u1ebf ch\u1ea5p” trong khi h\u1ec7 th\u1ed1ng ki\u1ec3m so\u00e1t kh\u00f4ng theo k\u1ecbp. C\u00f9ng v\u1edbi \u0111\u00f3, vi\u1ec7c cho vay mua nh\u00e0 \u1edf d\u1ec5 d\u00e0ng \u1edf m\u1ee9c “d\u01b0\u1edbi chu\u1ea9n”, d\u1eabn t\u1edbi t\u00ecnh tr\u1ea1ng c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 ng\u01b0\u1eddi d\u00e2n \u0111\u1ed5 x\u00f4 v\u00e0o kinh doanh B\u0110S, \u0111\u1ea9y “bong b\u00f3ng” c\u1ee7a th\u1ecb tr\u01b0\u1eddng B\u0110S M\u1ef9 b\u00f9ng n\u1ed5. Th\u1ecb tr\u01b0\u1eddng B\u0110S M\u1ef9 t\u0103ng li\u00ean t\u1ee5c trong h\u01a1n 9 n\u0103m k\u1ec3 t\u1eeb n\u0103m 1997 \u0111\u1ebfn cu\u1ed1i n\u0103m 2006. T\u00ednh ra trong v\u00f2ng 10 n\u0103m qua, gi\u00e1 nh\u00e0 \u1edf M\u1ef9 t\u0103ng li\u00ean t\u1ee5c kho\u1ea3ng 20% m\u1ed7i n\u0103m v\u00e0 c\u00f3 n\u01a1i t\u0103ng g\u1ea5p 3 l\u1ea7n. Theo th\u1ed1ng k\u00ea t\u1eeb n\u0103m 1997 \u0111\u1ebfn n\u0103m 2007, b\u00ecnh qu\u00e2n m\u1ed7i n\u0103m n\u01b0\u1edbc M\u1ef9 x\u00e2y d\u1ef1ng \u0111\u01b0\u1ee3c g\u1ea7n 200 tri\u1ec7u m\u00e9t vu\u00f4ng nh\u00e0 \u1edf. \u0110\u1ebfn th\u1eddi \u0111i\u1ec3m tr\u01b0\u1edbc kh\u1ee7ng ho\u1ea3ng (n\u0103m 2007), n\u01b0\u1edbc M\u1ef9 c\u00f3 kho\u1ea3ng 18.000.000 c\u0103n h\u1ed9 b\u1ecf kh\u00f4ng. M\u1eb7t kh\u00e1c, do ti\u1ec1n \u0111\u1ea7u t\u01b0 B\u0110S t\u1ea1i M\u1ef9 d\u01b0\u1eddng nh\u01b0 t\u1eeb c\u1ea3 ch\u00e2u \u00c2u v\u00e0 nhi\u1ec1u n\u01b0\u1edbc tr\u00ean th\u1ebf gi\u1edbi \u0111\u00f3ng g\u00f3p th\u00f4ng qua k\u1ef9 thu\u1eadt “ch\u1ee9ng kho\u00e1n h\u00f3a” B\u0110S th\u1ebf ch\u1ea5p, n\u00ean ng\u01b0\u1eddi M\u1ef9 x\u00e2y nh\u00e0 \u0111\u1ec3 kinh doanh g\u1ea7n nh\u01b0 kh\u00f4ng x\u00e9t \u0111\u1ebfn nhu c\u1ea7u. Theo \u0111\u00e1nh gi\u00e1 c\u1ee7a B\u1ed9 X\u00e2y d\u1ef1ng, Vi\u1ec7t Nam kh\u00f3 x\u1ea3y ra kh\u1ee7ng ho\u1ea3ng th\u1ecb tr\u01b0\u1eddng B\u0110S do kh\u00f4ng \u00e1p d\u1ee5ng ch\u00ednh s\u00e1ch ch\u1ee9ng kho\u00e1n h\u00f3a B\u0110S th\u1ebf ch\u1ea5p. Song ph\u1ea3i ki\u1ec3m so\u00e1t ch\u1eb7t ch\u1ebd c\u00e1c ngu\u1ed3n ti\u1ec1n \u0111\u1ed5 v\u00e0o B\u0110S \u0111\u1ec3 ch\u1ee7 \u0111\u1ed9ng ng\u0103n ng\u1eeba r\u1ee7i ro.

Ki\u1ec3m so\u00e1t \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i v\u00e0o nh\u00e0 \u1edf<\/STRONG>

Khi m\u1edf c\u1eeda, Ch\u00ednh ph\u1ee7 Trung Qu\u1ed1c cho ph\u00e9p nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i tham gia kinh doanh nh\u00e0 \u1edf. Nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u01b0\u1ee3c mua \u0111\u1ea5t c\u00f3 th\u1eddi h\u1ea1n (t\u1ed1i \u0111a l\u00e0 99 n\u0103m). Th\u1ecb tr\u01b0\u1eddng B\u0110S \u0111\u00e3 tr\u1edf th\u00e0nh m\u1ed9t m\u1ea3ng \u0111\u1ea7u t\u01b0 h\u1ea5p d\u1eabn. Trong giai \u0111o\u1ea1n 1991-1995, \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i v\u00e0o B\u0110S chi\u1ebfm kho\u1ea3ng 10% t\u1ed5ng m\u1ee9c v\u1ed1n \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i t\u1ea1i Trung Qu\u1ed1c. T\u1ea1i m\u1ed9t s\u1ed1 th\u00e0nh ph\u1ed1 l\u1edbn, t\u1ef7 l\u1ec7 thu h\u1ed3i v\u1ed1n \u0111\u1ea7u t\u01b0 B\u0110S \u0111\u1ea1t h\u01a1n 100% v\u00e0o c\u00e1c n\u0103m \u0111\u1ea7u 1990 (t\u1ef7 l\u1ec7 thu h\u1ed3i v\u1ed1n b\u00ecnh qu\u00e2n t\u1ed1i thi\u1ec3u kho\u1ea3ng 30%), l\u1edbn h\u01a1n r\u1ea5t nhi\u1ec1u so v\u1edbi c\u00e1c ng\u00e0nh c\u00f4ng nghi\u1ec7p kh\u00e1c. Tuy nhi\u00ean, do \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i v\u00e0o B\u0110S qu\u00e1 n\u00f3ng d\u1eabn \u0111\u1ebfn s\u1ef1 thi\u1ebfu h\u1ee5t ngu\u1ed3n cung v\u1ec1 \u0111\u1ea5t \u0111ai, \u0111\u1ea9y gi\u00e1 \u0111\u1ea5t v\u00e0 gi\u00e1 nh\u00e0 \u1edf ng\u00e0y c\u00e0ng cao. Trong n\u1eeda cu\u1ed1i n\u0103m 1993, Ch\u00ednh ph\u1ee7 \u0111\u00e3 ph\u1ea3i ki\u1ec3m so\u00e1t nh\u1eb1m gi\u1ea3m s\u1ee9c n\u00f3ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n. \u1ede Vi\u1ec7t Nam, ngu\u1ed3n v\u1ed1n \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i v\u00e0o l\u0129nh v\u1ef1c B\u0110S c\u0169ng kh\u00e1 l\u1edbn, v\u00ec v\u1eady \u0111\u00e2y l\u00e0 b\u00e0i h\u1ecdc quan tr\u1ecdng cho c\u00e1c nh\u00e0 qu\u1ea3n l\u00fd trong \u0111i\u1ec1u h\u00e0nh th\u1ecb tr\u01b0\u1eddng B\u0110S.

                                                                                 Theo Hanoimoi<\/STRONG><\/EM><\/FONT><\/DIV><\/p>\n","protected":false},"excerpt":{"rendered":"

Trong c\u00e1c n\u01b0\u1edbc ch\u00e2u \u00c1, Singapore \u0111\u01b0\u1ee3c xem l\u00e0 qu\u1ed1c gia c\u00f3 m\u00f4 h\u00ecnh gi\u1ea3i quy\u1ebft nh\u00e0 \u1edf th\u00e0nh c\u00f4ng nh\u1ea5t. M\u00f4 h\u00ecnh n\u00e0y d\u1ef1a tr\u00ean ch\u01b0\u01a1ng tr\u00ecnh nh\u00e0 \u1edf c\u00f4ng c\u1ed9ng m\u00e0 c\u01a1 quan \u0111i\u1ec1u h\u00e0nh l\u00e0 H\u1ed9i \u0111\u1ed3ng ph\u00e1t tri\u1ec3n nh\u00e0 \u1edf Singapore (HDB) \u0111\u01b0\u1ee3c th\u00e0nh l\u1eadp v\u00e0o th\u00e1ng 2-1960. M\u1ed7i n\u0103m HDB […]<\/p>\n","protected":false},"author":2,"featured_media":18504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[65],"tags":[],"_links":{"self":[{"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=\/wp\/v2\/posts\/18512"}],"collection":[{"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18512"}],"version-history":[{"count":0,"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=\/wp\/v2\/posts\/18512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=\/wp\/v2\/media\/18504"}],"wp:attachment":[{"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}