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<\/A>Kinh t\u1ebf Vi\u1ec7t Nam ph\u1ea3i gi\u00e0u m\u1ea1nh l\u00ean t\u1eeb bi\u1ec3n
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1. Ngh\u1ecb quy\u1ebft 11 v\u00e0 n\u1ec1n kinh t\u1ebf h\u01b0\u1edbng bi\u1ec3n<\/FONT><\/I><\/B><\/P> M\u1eb7c d\u00f9 Ch\u00ednh ph\u1ee7 \u0111\u00e3 tr\u00ecnh v\u00e0 \u0111\u01b0\u1ee3c Qu\u1ed1c h\u1ed9i th\u00f4ng qua c\u00e1c m\u1ee5c ti\u00eau 2011: t\u0103ng t\u00ednh \u1ed5n \u0111\u1ecbnh kinh t\u1ebf v\u0129 m\u00f4 v\u00e0 ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t g\u1eafn v\u1edbi \u0111\u1ed5i m\u1edbi m\u00f4 h\u00ecnh t\u0103ng tr\u01b0\u1edfng v\u00e0 chuy\u1ec3n \u0111\u1ed5i c\u01a1 c\u1ea5u n\u1ec1n kinh t\u1ebf: GDP t\u0103ng 7-7,5%, ch\u1ec9 s\u1ed1 gi\u00e1 ti\u00eau d\u00f9ng (CPI) t\u0103ng kh\u00f4ng qu\u00e1 7%… Tuy nhi\u00ean, tr\u01b0\u1edbc nh\u1eefng di\u1ec5n bi\u1ebfn kh\u00f3 l\u01b0\u1eddng c\u1ee7a kinh t\u1ebf v\u00e0 b\u1ea5t \u1ed5n v\u0129 m\u00f4 l\u1ed9 di\u1ec7n, ng\u00e0y 24\/2, Ch\u00ednh ph\u1ee7 \u0111\u00e3 ban h\u00e0nh Ngh\u1ecb quy\u1ebft 11 t\u1eadp trung ki\u1ec1m ch\u1ebf l\u1ea1m ph\u00e1t, \u1ed5n \u0111\u1ecbnh kinh t\u1ebf v\u0129 m\u00f4, b\u1ea3o \u0111\u1ea3m an sinh x\u00e3 h\u1ed9i. Ba tr\u1ee5 c\u1ed9t g\u1ed3m: Th\u1eaft ch\u1eb7t ti\u1ec1n t\u1ec7; c\u1eaft gi\u1ea3m \u0111\u1ea7u t\u01b0 c\u00f4ng, gi\u1ea3m b\u1ed9i chi ng\u00e2n s\u00e1ch nh\u00e0 n\u01b0\u1edbc. V\u1edbi s\u1ef1 v\u00e0o cu\u1ed9c c\u1ee7a c\u1ea3 b\u1ed9 m\u00e1y ch\u00ednh tr\u1ecb, Ngh\u1ecb quy\u1ebft 11 \u0111\u00e3 t\u00e1c \u0111\u1ed9ng s\u00e2u r\u1ed9ng t\u1edbi to\u00e0n b\u1ed9 n\u1ec1n kinh t\u1ebf, g\u00f3p ph\u1ea7n \u1ed5n \u0111\u1ecbnh v\u0129 m\u00f4 n\u1ec1n kinh t\u1ebf, d\u00f9 m\u1ed9t v\u00e0i ch\u1ec9 ti\u00eau \u0111\u00e3 ph\u1ea3i \u0111i\u1ec1u ch\u1ec9nh. \u0110i\u1ec1u d\u1ec5 th\u1ea5y, ch\u01b0a n\u0103m n\u00e0o kinh t\u1ebf bi\u1ec3n v\u00e0 v\u1ea5n \u0111\u1ec1 ch\u1ee7 quy\u1ec1n bi\u1ec3n \u0111\u1ea3o \u0111\u01b0\u1ee3c b\u00e1o ch\u00ed \u0111\u01b0a tin \u0111\u1eadm \u0111\u1eb7c v\u00e0 to\u00e0n di\u1ec7n nh\u01b0 n\u0103m 2011. C\u00f9ng v\u1edbi nh\u1eefng s\u1ef1 ki\u1ec7n “n\u00f3ng” tr\u00ean bi\u1ec3n \u0110\u00f4ng, ph\u00e1t tri\u1ec3n kinh t\u1ebf bi\u1ec3n l\u1ea1i \u0111\u01b0\u1ee3c “x\u1edbi” l\u00ean v\u00e0 tr\u1edf th\u00e0nh v\u1ea5n \u0111\u1ec1 n\u00f3ng trong n\u0103m 2011. Bi\u1ec3n Vi\u1ec7t Nam v\u1edbi tr\u00ean 1 tri\u1ec7u km2 v\u00e0 h\u00e0ng ng\u00e0n h\u00f2n \u0111\u1ea3o ti\u1ec1n ti\u00eau ch\u01b0a bao gi\u1edd tr\u1edf l\u00ean g\u1ea7n g\u0169i v\u00e0 \u0111\u01b0\u1ee3c quan t\u00e2m nhi\u1ec1u \u0111\u1ebfn th\u1ebf. H\u00e0ng lo\u1ea1t c\u00e1c \u0111\u1ed9ng th\u00e1i nh\u01b0 ch\u1ea5n ch\u1ec9nh ng\u00e0nh \u0111\u00f3ng t\u00e0u (t\u00e1i c\u1ea5u tr\u00fac Vinashin); c\u00f4ng nghi\u1ec7p d\u1ea7u kh\u00ed (h\u1ea1 th\u1ee7y d\u00e0n khoan t\u1ef1 \u0111\u00f3ng); \u0111\u1ea7u t\u01b0 m\u1ea1nh t\u00e0u thuy\u1ec1n cho ng\u01b0 d\u00e2n b\u00e1m bi\u1ec3n; ch\u0103m lo cho ng\u01b0 d\u00e2n, di\u00eam d\u00e2n; \u0111\u1ea7u t\u01b0 m\u1ea1nh cho du l\u1ecbch bi\u1ec3n \u0111\u1ea3o; ch\u0103m lo cho c\u00e1c l\u1ef1c l\u01b0\u1ee3ng gi\u1eef g\u00ecn an ninh h\u00e0ng h\u1ea3i v\u00e0 ch\u1ee7 quy\u1ec1n l\u00e3nh th\u1ed5\u2026Th\u1eadt d\u1ec5 hi\u1ec3u m\u1ed9t \u0111\u1ea5t n\u01b0\u1edbc 3 m\u1eb7t \u0111\u01b0\u1ee3c bi\u1ec3n c\u1ea3 \u00f4m \u1ea5p, qu\u1ed1c gia \u0111\u00f3 kh\u00f4ng th\u1ec3 ngh\u00e8o v\u00e0 qu\u1ed1c gia \u0111\u00f3 ph\u1ea3i gi\u00e0u m\u1ea1nh l\u00ean t\u1eeb bi\u1ec3n\u2026<\/FONT><\/P> 2. T\u0103ng tr\u01b0\u1edfng GDP th\u1ea5p h\u01a1n d\u1ef1 ki\u1ebfn<\/FONT><\/I><\/B><\/P> N\u0103m 2011, c\u00f9ng v\u1edbi kh\u00f3 kh\u0103n chung c\u1ee7a kinh t\u1ebf th\u1ebf gi\u1edbi, t\u0103ng tr\u01b0\u1edfng GDP c\u1ee7a Vi\u1ec7t Nam v\u1eabn \u0111\u1ea1t kho\u1ea3ng 6% (ch\u01b0a c\u00f3 s\u1ed1 li\u1ec7u ch\u00ednh th\u1ee9c), th\u1ea5p h\u01a1n m\u1ee5c ti\u00eau \u0111\u1ec1 ra \u0111\u1ea7u n\u0103m l\u00e0 7-7,5%. Tuy nhi\u00ean c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh th\u1ebf gi\u1edbi \u0111\u00e1nh gi\u00e1, GDP c\u1ee7a Vi\u1ec7t Nam t\u01b0\u01a1ng \u0111\u1ed1i cao so v\u1edbi c\u00e1c n\u01b0\u1edbc. T\u1ea1i cu\u1ed9c h\u1ecdp giao ban v\u1edbi c\u00e1c \u0111\u1ecba ph\u01b0\u01a1ng ng\u00e0y 22\/12, Th\u1ee7 t\u01b0\u1edbng Ch\u00ednh ph\u1ee7 Nguy\u1ec5n T\u1ea5n D\u0169ng nh\u1ea5n m\u1ea1nh, n\u0103m 2012 \u201cv\u1eabn ph\u1ea3i \u01b0u ti\u00ean \u1ed5n \u0111\u1ecbnh kinh t\u1ebf v\u0129 m\u00f4 v\u00e0 ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t\u201d. Ph\u1ea5n \u0111\u1ea5u n\u0103m 2012 gi\u1ea3m l\u1ea1m ph\u00e1t xu\u1ed1ng m\u1ee9c 9%; gi\u1eef t\u1ef7 gi\u00e1 \u1ed5n \u0111\u1ecbnh v\u00e0 \u0111\u1eb7t m\u1ee5c ti\u00eau t\u0103ng tr\u01b0\u1edfng GDP kho\u1ea3ng 6% n\u0103m 2012, ph\u1ea5n \u0111\u1ea5u 6,5% n\u1ebfu c\u00f3 \u0111i\u1ec1u ki\u1ec7n thu\u1eadn l\u1ee3i.<\/FONT><\/P> 3. N\u00f3ng v\u1ea5n \u0111\u1ec1 n\u1ee3 c\u00f4ng<\/FONT><\/I><\/B><\/P> Theo b\u00e1o c\u00e1o c\u1ee7a C\u1ee5c Qu\u1ea3n l\u00fd n\u1ee3 v\u00e0 T\u00e0i ch\u00ednh \u0111\u1ed1i ngo\u1ea1i (B\u1ed9 T\u00e0i ch\u00ednh), t\u00ednh \u0111\u1ebfn ng\u00e0y 31\/12\/2010, t\u1ed5ng s\u1ed1 d\u01b0 n\u1ee3 c\u00f4ng \u1edf m\u1ee9c 1.122 ngh\u00ecn t\u1ef7 \u0111\u1ed3ng, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng 56,7% GDP n\u0103m 2010 v\u00e0 d\u1ef1 ki\u1ebfn t\u1ed5ng s\u1ed1 n\u1ee3 c\u00f4ng s\u1ebd \u1edf m\u1ee9c kho\u1ea3ng 1.375 ngh\u00ecn t\u1ef7 \u0111\u1ed3ng, b\u1eb1ng kho\u1ea3ng 58,7% GDP n\u0103m 2011. C\u0169ng theo b\u00e1o c\u00e1o n\u00e0y, \u01b0\u1edbc t\u1ed5ng s\u1ed1 d\u01b0 n\u1ee3 n\u01b0\u1edbc ngo\u00e0i c\u1ee7a qu\u1ed1c gia \u1edf m\u1ee9c 835.000 t\u1ef7 \u0111\u1ed3ng, b\u1eb1ng 42,2% GDP n\u0103m 2010 v\u00e0 d\u1ef1 ki\u1ebfn n\u1ee3 n\u01b0\u1edbc ngo\u00e0i c\u1ee7a qu\u1ed1c gia s\u1ebd \u1edf m\u1ee9c 44,5% GDP n\u0103m 2011. Tr\u01b0\u1edbc t\u00ecnh tr\u1ea1ng n\u1ee3 c\u00f4ng lan r\u1ed9ng t\u1ea1i ch\u00e2u \u00c2u, v\u1ea5n \u0111\u1ec1 n\u1ee3 c\u00f4ng c\u1ee7a Vi\u1ec7t Nam c\u00e0ng tr\u1edf l\u00ean \u201cn\u00f3ng\u201d khi nh\u1eefng kho\u1ea3n n\u1ee3 c\u1ee7a kh\u1ed1i DNNN ch\u01b0a \u0111\u01b0\u1ee3c h\u1ea1ch to\u00e1n v\u00e0o s\u1ed1 n\u1ee3 c\u1ee7a Ch\u00ednh ph\u1ee7, trong khi theo s\u1ed1 li\u1ec7u kh\u00f4ng ch\u00ednh th\u1ee9c, \u0111\u00e3 l\u00ean t\u1edbi 54,2% GDP n\u0103m 2009.<\/FONT><\/P> 4 L\u1ea1m ph\u00e1t v\u00e0 nh\u1eadp si\u00eau \u0111\u01b0\u1ee3c h\u1ea1n ch\u1ebf <\/FONT><\/I><\/B><\/P> M\u1ee5c ti\u00eau gi\u1eef ch\u1ec9 s\u1ed1 gi\u00e1 ti\u00eau d\u00f9ng (CPI) t\u0103ng kh\u00f4ng qu\u00e1 7% m\u00e0 Qu\u1ed1c h\u1ed9i th\u00f4ng qua cho c\u1ea3 n\u0103m s\u1edbm b\u1ecb ph\u00e1 v\u1ee1 khi 3 th\u00e1ng \u0111\u1ea7u n\u0103m gi\u00e1 c\u1ea3 \u0111\u00e3 t\u0103ng g\u1ea7n 6,5%. Kh\u00f4ng \u0111\u1ec3 l\u1ea1m ph\u00e1t phi m\u00e3, \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn \u0111\u1eddi s\u1ed1ng ng\u01b0\u1eddi d\u00e2n, Ngh\u1ecb quy\u1ebft 11 c\u1ee7a Ch\u00ednh ph\u1ee7 nh\u01b0 \u201cn\u00fat ch\u1eb7n\u201d \u0111\u00e0 phi m\u00e3 c\u1ee7a gi\u00e1 khi th\u1eaft ch\u1eb7t t\u00e0i kh\u00f3a v\u00e0 ti\u1ec1n t\u1ec7. \u0110\u1ed3ng th\u1eddi 6 nh\u00f3m gi\u1ea3i ph\u00e1p ki\u1ec1m ch\u1ebf l\u1ea1m ph\u00e1t c\u00f9ng v\u1edbi 3 l\u1ea7n \u0111i\u1ec1u ch\u1ec9nh, ch\u1ec9 s\u1ed1 CPI n\u0103m 2011 t\u1ea1m th\u1eddi \u0111\u01b0\u1ee3c kh\u1ed1ng ch\u1ebf. Tuy nhi\u00ean, CPI c\u1ea3 n\u0103m v\u1eabn k\u1ecbp c\u00e1n m\u1ed1c 18,13% so v\u1edbi 2010, g\u1ea5p g\u1ea7n 2,6 l\u1ea7n m\u1ee5c ti\u00eau \u0111\u1ec1 ra v\u00e0 b\u1ecf xa m\u1ee5c ti\u00eau \u0111\u00e3 \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh l\u1ea7n cu\u1ed1i (17%). N\u0103m 2012, Th\u1ee7 t\u01b0\u1edbng Nguy\u1ec5n T\u1ea5n D\u0169ng kh\u1eb3ng \u0111\u1ecbnh Ch\u00ednh ph\u1ee7 s\u1ebd c\u1ed1 g\u1eafng ki\u1ec3m so\u00e1t ch\u1ec9 s\u1ed1 gi\u00e1 \u1edf 9%. Ngo\u00e0i ra \u0111i\u1ec3m s\u00e1ng ho\u1ea1t \u0111\u1ed9ng c\u00f4ng th\u01b0\u01a1ng 2011 l\u00e0 t\u00ecnh tr\u1ea1ng nh\u1eadp si\u00eau \u0111\u01b0\u1ee3c kh\u1ed1ng ch\u1ebf, theo B\u1ed9 C\u00f4ng th\u01b0\u01a1ng t\u00ednh s\u01a1 b\u1ed9 c\u1ea3 n\u0103m nh\u1eadp si\u00eau c\u1ea3 n\u01b0\u1edbc kho\u1ea3ng 11 t\u1ef7 USD.<\/FONT><\/P> 5. DNNN: l\u1ed7, n\u1ee3 v\u00e0 c\u00e2u chuy\u1ec7n \u0111\u1ed9c quy\u1ec1n<\/FONT><\/I><\/B><\/P> Chi\u1ebfm \u0111\u1ebfn 70% v\u1ed1n \u0111\u1ea7u t\u01b0 to\u00e0n x\u00e3 h\u1ed9i, 50% v\u1ed1n \u0111\u1ea7u t\u01b0 Nh\u00e0 n\u01b0\u1edbc, 60% t\u00edn d\u1ee5ng c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i, 70% ngu\u1ed3n v\u1ed1n ODA nh\u01b0ng theo B\u1ed9 KH&\u0110T, kh\u1ed1i DNNN ch\u1ec9 \u0111\u00f3ng g\u00f3p kho\u1ea3ng 37%-38% GDP. C\u00f3 \u0111\u1ebfn 31% DNNN b\u1ecb l\u1ed7 trong s\u1ea3n xu\u1ea5t kinh doanh, 29% ho\u1ea1t \u0111\u1ed9ng kh\u00f4ng hi\u1ec7u qu\u1ea3, l\u1ed7 l\u00e3i t\u01b0\u1ee3ng tr\u01b0ng. Trong n\u0103m 2009, theo b\u00e1o c\u00e1o c\u1ee7a Ch\u00ednh ph\u1ee7 g\u1eedi Qu\u1ed1c h\u1ed9i ng\u00e0y 1\/11\/2010 th\u00ec n\u1ee3 c\u1ee7a 81\/91 t\u1eadp \u0111o\u00e0n, t\u1ed5ng c\u00f4ng ty nh\u00e0 n\u01b0\u1edbc (ch\u01b0a t\u00ednh Vinashin) l\u00e0 813.435 t\u1ef7 \u0111\u1ed3ng. N\u1ebfu t\u00ednh c\u1ea3 n\u1ee3 c\u1ee7a Vinashin, theo b\u00e1o c\u00e1o c\u1ee7a B\u1ed9 T\u00e0i ch\u00ednh l\u00e0 86.000 t\u1ef7 \u0111\u1ed3ng th\u00ec n\u1ee3 c\u1ee7a khu v\u1ef1c DNNN \u0111\u1ebfn 2009 kh\u00f4ng k\u1ec3 9 t\u1eadp \u0111o\u00e0n, t\u1ed5ng c\u00f4ng ty ch\u01b0a c\u00f3 s\u1ed1 li\u1ec7u \u0111\u00e3 l\u00ean t\u1edbi 54,2% GDP n\u0103m 2009. Kh\u1ed1i DNNN l\u00e0 1 trong 3 l\u0129nh v\u1ef1c ph\u1ea3i t\u00e1i c\u1ea5u tr\u00fac, \u0111i\u1ec1u khi\u1ebfn ng\u01b0\u1eddi d\u00e2n quan t\u00e2m nh\u1ea5t l\u00fac n\u00e0y l\u00e0 sau t\u00e1i c\u1ea5u tr\u00fac doanh nghi\u1ec7p, l\u1ee3i \u00edch v\u00e0 n\u1ee3 c\u1ee7a DNNN s\u1ebd do ai g\u00e1nh ch\u1ecbu? C\u0169ng li\u00ean quan \u0111\u1ebfn DNNN, n\u0103m 2011 ch\u1ee9ng ki\u1ebfn b\u00e0i to\u00e1n l\u1ed7, l\u00e3i v\u00e0 c\u00e2u chuy\u1ec7n \u0111\u1ed9c quy\u1ec1n c\u1ee7a EVN v\u00e0 c\u00e1c doanh nghi\u1ec7p x\u0103ng d\u1ea7u. Hi\u1ec7n t\u01b0\u1ee3ng chuy\u1ec3n l\u00e3i sang doanh nghi\u1ec7p con c\u1ee7a 4 doanh nghi\u1ec7p kinh doanh x\u0103ng d\u1ea7u \u0111\u1ea7u m\u1ed1i khi\u1ebfn ng\u01b0\u1eddi d\u00e2n phi\u1ec1n l\u00f2ng c\u1ea3 n\u0103m th\u00ec nh\u1eefng ng\u00e0y cu\u1ed1i n\u0103m EVN b\u1ea5t ng\u1edd t\u0103ng gi\u00e1 \u0111i\u1ec7n. \u0110i\u1ec1u \u0111\u00e1ng n\u00f3i l\u00e0 n\u1ebfu c\u00e1c doanh nghi\u1ec7p x\u0103ng d\u1ea7u k\u00eau l\u1ed7 li\u00ean mi\u00ean khi d\u00f9ng h\u00e0nh vi chuy\u1ec3n l\u00e3i th\u00ec EVN thua l\u1ed7 l\u00e0 do qu\u1ea3n l\u00fd y\u1ebfu k\u00e9m. S\u1ed1 n\u1ee3 c\u1ee7a EVN \u0111\u00e3 l\u00ean t\u1edbi g\u1ea7n 40.000 t\u1ef7 \u0111\u1ed3ng, b\u1eb1ng \u00bd s\u1ed1 n\u1ee3 c\u1ee7a Vinasshin t\u1ea1i th\u1eddi \u0111i\u1ec3m t\u00e1i c\u1ea5u tr\u00fac. Nhi\u1ec1u ng\u01b0\u1eddi \u0111\u00e3 lo ng\u1ea1i \u0111\u00e2y s\u1ebd l\u00e0 con t\u00e0u th\u1ee9 2 n\u1ebfu kh\u00f4ng \u0111\u01b0\u1ee3c Ch\u00ednh ph\u1ee7 tr\u1ee3 gi\u00fap. <\/FONT><\/P> \u0110\u00e1ng bu\u1ed3n h\u01a1n, d\u00f9 l\u00e0m \u0103n thua l\u1ed7 nh\u01b0ng l\u01b0\u01a1ng trung b\u00ecnh n\u0103m 2009 c\u1ee7a ng\u00e0nh \u0111i\u1ec7n cao ng\u1ea5t ng\u01b0\u1edfng v\u00e0 l\u00e3nh \u0111\u1ea1o EVN v\u1eabn \u201cbu\u1ed3n\u201d v\u00ec kh\u00f4ng \u0111\u1ee7 s\u1ed1ng? Theo k\u1ebft qu\u1ea3 c\u1ee7a Ki\u1ec3m to\u00e1n Nh\u00e0 n\u01b0\u1edbc, thu nh\u1eadp b\u00ecnh qu\u00e2n c\u1ee7a c\u00e1n b\u1ed9 to\u00e0n c\u00f4ng ty m\u1eb9 EVN trong n\u0103m 2010 l\u00e0 13,7 tri\u1ec7u \u0111\u1ed3ng\/th\u00e1ng; kh\u1ed1i truy\u1ec1n t\u1ea3i \u0111i\u1ec7n l\u00e0 10,8 tri\u1ec7u \u0111\u1ed3ng\/ng\u01b0\u1eddi\/th\u00e1ng; ri\u00eang kh\u1ed1i v\u0103n ph\u00f2ng t\u1eadp \u0111o\u00e0n EVN l\u00e0 g\u1ea7n 30 tri\u1ec7u \u0111\u1ed3ng\/th\u00e1ng. Nh\u00ecn sang l\u0129nh v\u1ef1c vi\u1ec5n th\u00f4ng, ng\u01b0\u1eddi d\u00e2n \u0111\u00e3 b\u1eaft \u0111\u1ea7u \u201cth\u1ea5m\u201d th\u1ebf l\u00e0 l\u00e0 \u0111\u1ed9c quy\u1ec1n.<\/FONT><\/P> 6. T\u00e1i c\u1ea5u tr\u00fac to\u00e0n di\u1ec7n n\u1ec1n kinh t\u1ebf<\/FONT><\/I><\/B><\/P> H\u1ed9i ngh\u1ecb l\u1ea7n th\u1ee9 3 Ban ch\u1ea5p h\u00e0nh Trung \u01b0\u01a1ng \u0110\u1ea3ng kh\u00f3a 11 \u0111\u00e3 quy\u1ebft \u0111\u1ecbnh th\u1ef1c hi\u1ec7n t\u00e1i c\u01a1 c\u1ea5u to\u00e0n di\u1ec7n n\u1ec1n kinh t\u1ebf g\u1eafn v\u1edbi \u0111\u1ed5i m\u1edbi m\u00f4 h\u00ecnh t\u0103ng tr\u01b0\u1edfng. V\u1edbi m\u1ee5c ti\u00eau giai \u0111o\u1ea1n 2011-2015 t\u1eadp trung t\u00e1i c\u1ea5u tr\u00fac 3 l\u0129nh v\u1ef1c \u0111\u1ea7u t\u01b0 c\u00f4ng; th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh, tr\u1ecdng t\u00e2m l\u00e0 t\u00e1i c\u1ea5u tr\u00fac h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i v\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh; t\u00e1i c\u1ea5u tr\u00fac DNNN, tr\u1ecdng t\u00e2m l\u00e0 c\u00e1c t\u1eadp \u0111o\u00e0n kinh t\u1ebf v\u00e0 t\u1ed5ng c\u00f4ng ty nh\u00e0 n\u01b0\u1edbc. Ngay l\u1eadp t\u1ee9c, B\u1ed9 T\u00e0i ch\u00ednh \u0111\u00e3 th\u00e0nh l\u1eadp Ban ch\u1ec9 \u0111\u1ea1o t\u00e1i c\u01a1 c\u1ea5u DNNN; B\u1ed9 KH&\u0110T x\u00e2y d\u1ef1ng \u0111\u1ec1 \u00e1n t\u00e1i c\u01a1 c\u1ea5u \u0111\u1ea7u t\u01b0 v\u00e0 NHNN t\u00e1i c\u01a1 c\u1ea5u h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng… Ngay l\u1eadp t\u1ee9c th\u01b0\u01a1ng v\u1ee5 M&A \u0111\u1ea7u ti\u00ean gi\u1eefa 3 ng\u00e2n h\u00e0ng c\u1ed5 ph\u1ea7n Vi\u1ec7t Nam T\u00edn ngh\u0129a, \u0110\u1ec7 Nh\u1ea5t v\u00e0 TMCP S\u00e0i G\u00f2n \u0111\u00e3 \u0111\u01b0\u1ee3c ti\u1ebfn h\u00e0nh; kh\u1ed1i DNNN T\u1eadp \u0111o\u00e0n S\u00f4ng \u0110\u00e0 ti\u00ean phong th\u1ef1c hi\u1ec7n t\u00e1i c\u01a1 c\u1ea5u. Trong khi \u0111\u00f3 theo NHNN, l\u1ed9 tr\u00ecnh \u0111\u1ebfn 2012 s\u1ebd x\u1eed l\u00fd d\u1ee9t \u0111i\u1ec3m nh\u1eefng ng\u00e2n h\u00e0ng y\u1ebfu k\u00e9m; n\u0103m 2013, s\u00e1p nh\u1eadp t\u1ef1 nguy\u1ec7n \u0111\u1ec3 t\u0103ng quy m\u00f4; v\u00e0 t\u1eeb 2014 \u0111\u1ebfn 2015, x\u00e2y d\u1ef1ng \u0111\u01b0\u1ee3c \u00edt nh\u1ea5t 1-2 ng\u00e2n h\u00e0ng c\u00f3 t\u1ea7m c\u1ee1 khu v\u1ef1c \u0110\u00f4ng Nam \u00c1, c\u00f3 t\u1ed5ng t\u00e0i s\u1ea3n m\u1ed7i t\u1ed5 ch\u1ee9c kho\u1ea3ng 50 t\u1ef7 \u0111\u00f4la. \u0110\u00e2y c\u00f3 th\u1ec3 coi l\u00e0 nh\u1eefng \u0111\u1ed9ng th\u00e1i m\u1ea1nh m\u1ebd c\u1ee7a Ch\u00ednh ph\u1ee7 nh\u1eb1m \u201cx\u1ed1c\u201d l\u1ea1i n\u1ec1n kinh t\u1ebf \u0111\u01b0\u1ee3c m\u1ec7nh danh l\u00e0 \u201cch\u00fa h\u1ed5 m\u1edbi \u00c1 ch\u00e2u\u201d.<\/FONT><\/P> 7. Thu h\u00fat FDI gi\u1ea3m, cam k\u1ebft ODA \u0111\u1ea1t 7,4 t\u1ef7 USD<\/FONT><\/I><\/B><\/P> N\u0103m 2011, thu h\u00fat FDI gi\u1ea3m g\u1ea7n 30% so v\u1edbi c\u00f9ng k\u1ef3 2010, t\u00ednh chung c\u1ea3 n\u0103m \u0111\u1ea1t h\u01a1n 10 t\u1ef7 USD. M\u1eb7c d\u00f9, v\u1ed1n FDI gi\u1ea3i ng\u00e2n trong 5 n\u0103m g\u1ea7n \u0111\u00e2y v\u1eabn duy tr\u00ec \u1edf m\u1ee9c \u1ed5n \u0111\u1ecbnh l\u00e0 kho\u1ea3ng 10 t\u1ef7 USD\/n\u0103m, ngay c\u1ea3 trong giai \u0111o\u1ea1n kinh t\u1ebf kh\u00f3 kh\u0103n c\u1ee7a n\u0103m 2011. V\u1edbi nh\u1eefng c\u1ea3i thi\u1ec7n m\u00f4i tr\u01b0\u1eddng v\u00e0 nh\u1eefng ch\u00ednh s\u00e1ch thu h\u00fat \u0111\u1ea7u t\u01b0, Vi\u1ec7t Nam v\u1eabn h\u1ea5p d\u1eabn c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i. L\u00ed do FDI suy gi\u1ea3m l\u00e0 do kh\u00f3 kh\u0103n chung c\u1ee7a n\u1ec1n kinh t\u1ebf\u2026 Trong khi \u0111\u00f3, cam k\u1ebft ODA cho Vi\u1ec7t Nam v\u1eabn \u0111\u1ea1t 7,4 t\u1ef7 USD; th\u1ea5p h\u01a1n n\u0103m ngo\u00e1i l\u00e0 7,9 t\u1ef7 USD (t\u00ednh g\u1ed9p g\u00f3i c\u1ee9u tr\u1ee3 c\u1ee7a WB cho Vi\u1ec7t Nam). Nh\u1eefng \u0111\u1ed1i t\u00e1c t\u00e0i tr\u1ee3 l\u1edbn v\u1eabn l\u00e0 WB, ADB; ri\u00eang Nh\u1eadt B\u1ea3n gi\u1eef nguy\u00ean m\u1ee9c cam k\u1ebft 1,9 t\u1ef7 USD. \u0110i\u1ec1u \u0111\u00e1ng n\u00f3i l\u00e0 khi Vi\u1ec7t Nam \u0111\u00e3 tr\u1edf th\u00e0nh n\u01b0\u1edbc thu nh\u1eadp trung b\u00ecnh th\u00ec \u0111\u00e2y l\u00e0 m\u1ed9t k\u1ebft qu\u1ea3 h\u1ebft s\u1ee9c t\u00edch c\u1ef1c. Khi t\u1ed1c \u0111\u1ed9 gi\u1ea3i ng\u00e2n v\u1ed1n ODA c\u1ee7a Vi\u1ec7t Nam nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y lu\u00f4n \u1edf m\u1ee9c cao. N\u0103m 2010 l\u00e0 2,941 t\u1ef7 USD; n\u0103m 2011 d\u1ef1 ki\u1ebfn l\u00e0 3,650 t\u1ef7 USD (\u0111\u1ebfn th\u00e1ng 11 l\u00e0 3,2 t\u1ef7 USD). D\u1ef1 ki\u1ebfn t\u00ednh \u0111\u1ebfn h\u1ebft n\u0103m 2011, c\u00f3 kho\u1ea3ng 33,414 t\u1ef7 USD v\u1ed1n ODA cho Vi\u1ec7t Nam \u0111\u01b0\u1ee3c gi\u1ea3i ng\u00e2n, chi\u1ebfm 61% t\u1ed5ng v\u1ed1n ODA \u0111\u00e3 k\u00fd k\u1ebft.<\/FONT><\/P> 8. Ch\u1ee9ng kho\u00e1n, b\u1ea5t \u0111\u1ed9ng s\u1ea3n “b\u1ebft b\u00e1t”<\/FONT><\/I><\/B><\/P> Th\u1ef1c hi\u1ec7n Ngh\u1ecb quy\u1ebft 11 c\u1ee7a Ch\u00ednh ph\u1ee7 th\u1eaft ch\u1eb7t t\u00edn d\u1ee5ng phi s\u1ea3n xu\u1ea5t; c\u1eaft gi\u1ea3m \u0111\u1ea7u t\u01b0 c\u00f4ng c\u00f9ng v\u1edbi nh\u1eefng kh\u00f3 kh\u0103n n\u1ed9i t\u1ea1i c\u1ee7a n\u1ec1n kinh t\u1ebf, ngay l\u1eadp t\u1ee9c th\u1ecb tr\u01b0\u1eddng B\u0110S v\u00e0 ch\u1ee9ng kho\u00e1n b\u1ecb \u1ea3nh h\u01b0\u1edfng n\u1eb7ng n\u1ec1, \u0111i v\u00e0o tr\u1ea7m l\u1eafng. T\u00ednh \u0111\u1ebfn th\u00e1ng 12\/2011, ch\u1ec9 s\u1ed1 VN Index ch\u1ec9 c\u00f2n 350 \u0111i\u1ec3m; trong khi HNX index xu\u1ed1ng m\u1ee9c th\u1ea5p nh\u1ea5t t\u1eeb tr\u01b0\u1edbc \u0111\u1ebfn nay d\u01b0\u1edbi 60 \u0111i\u1ec3m. H\u00e0ng lo\u1ea1t m\u00e3 c\u1ed5 phi\u1ebfu b\u1ecb m\u1ea5t gi\u00e1 m\u1ea1nh, \u0111\u01a1n c\u1eed VKP (c\u1ee7a C\u00f4ng ty c\u1ed5 ph\u1ea7n Nh\u1ef1a T\u00e2n H\u00f3a) ch\u1ed1t phi\u00ean giao d\u1ecbch 22\/11 ch\u1ec9 c\u00f2n 700 \u0111\u1ed3ng, r\u1ebb h\u01a1n n\u1eeda ly tr\u00e0 \u0111\u00e1 v\u1ec9a h\u00e8. Trong khi ngay t\u1eeb th\u00e1ng 6\/2011, qu\u00e1 n\u1eeda c\u00f4ng ty ch\u1ee9ng kho\u00e1n, qu\u1ea3n l\u00fd qu\u1ef9 thua l\u1ed7; s\u1ed1 t\u00e0i kho\u1ea3n giao d\u1ecbch c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ee5t gi\u1ea3m v\u00e0 r\u1eddi b\u1ecf th\u1ecb tr\u01b0\u1eddng; h\u00e0ng lo\u1ea1t c\u1ed5 phi\u1ebfu c\u0169ng xin r\u00fat kh\u1ecfi s\u00e0n do kh\u00f4ng huy \u0111\u1ed9ng \u0111\u01b0\u1ee3c v\u1ed1n\u2026Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n r\u01a1i v\u00e0o \u1ea3m \u0111\u1ea1m v\u00e0 g\u1ea7n nh\u01b0 t\u00ea li\u1ec7t.<\/FONT><\/P> Trong khi \u0111\u00f3, th\u1ecb tr\u01b0\u1eddng B\u0110S c\u0169ng b\u1ecb nh\u1eefng \u201cc\u00fa t\u00e1t\u201d m\u1ea1nh sau th\u1eddi gian ph\u00e1t tri\u1ec3n n\u00f3ng. Ngu\u1ed3n v\u1ed1n b\u01a1m cho th\u1ecb tr\u01b0\u1eddng suy gi\u1ea3m khi c\u00e1c ng\u00e2n h\u00e0ng ng\u1eebng r\u00f3t v\u1ed1n, ch\u1ee7 \u0111\u1ea7u t\u01b0 kh\u00f4ng th\u1ec3 tri\u1ec3n khai c\u00f4ng tr\u00ecnh, d\u00e2n \u0111\u1ea7u t\u01b0 h\u1ebft ti\u1ec1n \u0111\u1ea7u c\u01a1… th\u1ecb tr\u01b0\u1eddng g\u1ea7n nh\u01b0 m\u1ea5t thanh kho\u1ea3n, gi\u00e1 c\u1ea3 \u0111\u00e3 gi\u1ea3m m\u1ea1nh nh\u01b0ng nh\u00e0 \u0111\u1ea5t v\u1eabn \u0111\u00f3ng b\u0103ng. H\u00e0ng tr\u0103m doanh nghi\u1ec7p B\u0110S c\u00f3 nguy c\u01a1 ph\u00e1 s\u1ea3n, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u0169ng nh\u01b0 gi\u1edbi \u0111\u1ea7u c\u01a1 b\u00e1n th\u00e1o s\u1ea3n ph\u1ea9m tho\u00e1t th\u00e2n. Gi\u00e1 c\u0103n h\u1ed9 tr\u1edf v\u1ec1 g\u1ea7n gi\u00e1 tr\u1ecb th\u1ef1c, nh\u01b0ng v\u1eabn cao v\u00e0 \u0111a ph\u1ea7n ng\u01b0\u1eddi ngh\u00e8o \u0111\u00f4 th\u1ecb v\u1eabn kh\u00f4ng ti\u1ebfp c\u1eadn \u0111\u01b0\u1ee3c nh\u00e0 \u0111\u1ec3 \u1edf.<\/FONT><\/P> 9. Lo\u1ea1n gi\u00e1 v\u00e0ng, l\u00e3i su\u1ea5t; v\u1ee1 n\u1ee3 t\u00edn d\u1ee5ng \u0111en<\/FONT><\/B><\/P> Nh\u1ea3y m\u00faa c\u00f9ng gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi, \u0111\u1ec9nh \u0111i\u1ec3m th\u00e1ng 8\/2011 gi\u00e1 v\u00e0ng l\u1eadp k\u1ef7 l\u1ee5c 49 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng, t\u0103ng h\u01a1n 20 tri\u1ec7u \u0111\u1ed3ng so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m 2010. Ngo\u00e0i t\u00e1c \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng th\u1ebf gi\u1edbi, gi\u00e1 v\u00e0ng trong n\u01b0\u1edbc c\u00f3 b\u00e0n tay c\u1ee7a gi\u1edbi \u0111\u1ea7u c\u01a1 lu\u00f4n bi\u1ebfn \u0111\u1ed9ng v\u1edbi bi\u00ean \u0111\u1ed9 cao h\u01a1n th\u1ecb tr\u01b0\u1eddng th\u1ebf gi\u1edbi h\u00e0ng tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng; c\u00e1 bi\u1ec7t v\u00e0ng SJC (chi\u1ebfm h\u01a1n 90% th\u1ecb ph\u1ea7n), c\u00f3 l\u00fac \u0111\u1eaft h\u01a1n th\u1ebf gi\u1edbi g\u1ea7n 5 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng. M\u1eb7c d\u00f9 NHNN cho ph\u00e9p nh\u1eadp kh\u1ea9u, b\u00e1n v\u00e0ng b\u00ecnh \u1ed5n gi\u00e1, thi\u1ebft l\u1eadp l\u1ea1i k\u1ef7 c\u01b0\u01a1ng tr\u00ean th\u1ecb tr\u01b0\u1eddng v\u00e0ng; \u0111\u01b0a SJC th\u00e0nh th\u01b0\u01a1ng hi\u1ec7u v\u00e0ng qu\u1ed1c gia, c\u1ea5m c\u00e1c doanh nghi\u1ec7p kh\u00e1c ngo\u00e0i SJC s\u1ea3n xu\u1ea5t v\u00e0ng mi\u1ebfng; x\u00e2y d\u1ef1ng s\u00e0n v\u00e0ng qu\u1ed1c gia, tuy nhi\u00ean th\u1ecb tr\u01b0\u1eddng v\u00e0ng t\u1ea1i Vi\u1ec7t Nam 2012 \u0111\u01b0\u1ee3c d\u1ef1 b\u00e1o s\u1ebd kh\u00f4ng h\u1ec1 h\u1ea1 nhi\u1ec7t.<\/FONT><\/P> C\u00f3 \u0111\u1ebfn \u00be th\u1eddi gian c\u1ee7a n\u0103m 2011, th\u1ecb tr\u01b0\u1eddng ti\u1ec1n t\u1ec7 nh\u01b0 b\u1ea5n lo\u1ea1n v\u1edbi nh\u1eefng cu\u1ed9c ch\u1ea1y. Trong khi \u0111\u00f3 t\u00ecnh tr\u1ea1ng \u201cl\u1ed9n x\u1ed9n\u201d l\u00e3i su\u1ea5t do cu\u1ed9c ch\u1ea1y \u0111ua gi\u1eefa c\u00e1c ng\u00e2n h\u00e0ng khi\u1ebfn c\u00e1c doanh nghi\u1ec7p c\u00e0ng tr\u1edf l\u00ean kh\u00f3 kh\u0103n khi mu\u1ed1n ti\u1ebfp c\u1eadn v\u1ed1n s\u1ea3n xu\u1ea5t, \u0111ua gi\u00e1 v\u00e0ng, l\u00e3i su\u1ea5t, t\u1ef7 gi\u00e1 c\u0169ng v\u1edbi nh\u1eefng n\u1ed7i lo v\u1ec1 n\u1ee3 x\u1ea5u, thanh kho\u1ea3n ng\u00e2n h\u00e0ng, l\u00e0m gi\u00e1 v\u00e0ng v\u00e0 m\u1ea5t c\u00e2n \u0111\u1ed1i ngo\u1ea1i h\u1ed1i… M\u1eb7c d\u00f9 t\u1eeb th\u00e1ng 3\/2011, NHNN \u0111\u00e3 ra th\u00f4ng b\u00e1o s\u1ebd \u201ctr\u1ea3m\u201d ng\u00e2n h\u00e0ng v\u01b0\u1ee3t tr\u1ea7n 14%\/n\u0103m, tuy nhi\u00ean \u0111\u00e3 c\u00f3 l\u00fac c\u00e1c ng\u00e2n h\u00e0ng \u0111\u00e3 \u0111\u1ea9y l\u00e3i su\u1ea5t l\u00ean 18%, 20% v\u00e0 cao h\u01a1n. L\u00e3i su\u1ea5t cho vay b\u1ecb \u0111\u1ea9y l\u00ean 24 – 25% khi\u1ebfn c\u00e1c DN g\u1eb7p nhi\u1ec1u kh\u00f3 kh\u0103n. Trong khi \u0111\u00f3, t\u1ef7 gi\u00e1 USD\/VND \u0111\u01b0\u1ee3c NHNN \u0111i\u1ec1u ch\u1ec9nh li\u00ean t\u1ee5c, \u0111\u01a1n c\u1eed ng\u00e0y 11\/2 NHNN \u0111\u00e3 \u0111i\u1ec1u ch\u1ec9nh t\u1ef7 gi\u00e1 b\u00ecnh qu\u00e2n li\u00ean ng\u00e2n h\u00e0ng l\u00ean 9,3%, k\u00e9o gi\u00e1 USD t\u1ef1 do s\u00e1t v\u1edbi t\u1ef7 gi\u00e1 ng\u00e2n h\u00e0ng. Tuy nhi\u00ean, v\u1ea5n \u0111\u1ec1 l\u00e3i su\u1ea5t, t\u1ef7 gi\u00e1 v\u1eabn l\u00e0 \u0111i\u1ec3m n\u00f3ng, \u0111\u00e3 c\u00f3 l\u00fac NHNN \u0111\u00e3 ph\u1ea3i m\u1eddi B\u1ed9 C\u00f4ng an can thi\u1ec7p, tuy nhi\u00ean l\u00e3i su\u1ea5t th\u1ef1c t\u1ebf v\u1eabn ng\u1ea5t ng\u01b0\u1edfng trong khi doanh nghi\u1ec7p v\u00e0 ng\u01b0\u1eddi d\u00e2n v\u1eabn kh\u00f4ng c\u00f3 ti\u1ec1n \u0111\u1ec3 vay, khi\u1ebfn nhi\u1ec1u ng\u01b0\u1eddi nghi ng\u1edd n\u0103ng l\u1ef1c \u0111i\u1ec1u h\u00e0nh c\u1ee7a NHNN. Trong khi \u0111\u00f3 t\u00ecnh tr\u1ea1ng n\u1edf r\u1ed9 v\u00e0 \u0111\u1ed5 v\u1ee1 c\u1ee7a t\u00edn d\u1ee5ng \u0111en h\u00e0ng lo\u1ea1t t\u1ea1i nhi\u1ec1u t\u1ec9nh, th\u00e0nh H\u00e0 N\u1ed9i, TP HCM, H\u00e0 T\u0129nh, Ngh\u1ec7 An\u2026 khi\u1ebfn ng\u01b0\u1eddi d\u00e2n v\u00f4 c\u00f9ng b\u1ea5t an. H\u1ea7u h\u1ebft c\u00e1c con n\u1ee3 \u0111\u1ec1u ph\u00e1 s\u1ea3n do thua l\u1ed7 \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n, v\u00e0ng v\u00e0 nh\u00e0 \u0111\u1ea5t, r\u1ed3i b\u1ecf tr\u1ed1n v\u1edbi s\u1ed1 ti\u1ec1n n\u1ee3 h\u00e0ng ngh\u00ecn t\u1ef7 \u0111\u1ed3ng c\u1ea3 g\u1ed1c l\u1eabn l\u00e3i kh\u1ee7ng t\u00ednh theo ng\u00e0y. Th\u1eadm ch\u00ed c\u00f3 ng\u01b0\u1eddi ph\u1ea3i xin \u1edf t\u00f9 nh\u1eb1m b\u1ea3o to\u00e0n t\u00ednh m\u1ea1ng, tr\u00e1nh b\u1ecb ch\u1ee7 n\u1ee3 thu\u00ea x\u00e3 h\u1ed9i \u0111en truy s\u00e1t. Tr\u01b0\u1edbc t\u00ecnh th\u1ebf n\u00e0y, v\u00e0ng c\u00e0ng \u0111\u01b0\u1ee3c ng\u01b0\u1eddi d\u00e2n thu gom v\u00e0 c\u1ea5t tr\u1eef, nh\u1eefng s\u1ed1 li\u1ec7u kh\u00f4ng ch\u00ednh th\u1ee9c v\u1ec1 s\u1ed1 v\u00e0ng trong d\u00e2n l\u00e0 500 th\u1eadm ch\u00ed c\u1ea3 ng\u00e0n t\u1ea5n. Tuy nhi\u00ean, \u0111\u00e2y l\u00e0 \u201cv\u00e0ng ch\u1ebft\u201d khi ng\u01b0\u1eddi d\u00e2n b\u1eaft bu\u1ed9c ph\u1ea3i \u201ct\u00edch c\u1ed1c ph\u00f2ng c\u01a1\u201d tr\u01b0\u1edbc b\u1ea5t \u1ed5n; trong khi nh\u00e0 n\u01b0\u1edbc l\u1ea1i kh\u00f4ng huy \u0111\u1ed9ng \u0111\u01b0\u1ee3c ngu\u1ed3n l\u1ef1c n\u00e0y cho ph\u00e1t tri\u1ec3n kinh t\u1ebf\u2026<\/FONT><\/P> 10. Kh\u00f3 kh\u0103n d\u1ed3n d\u1eadp v\u1edbi c\u00e1c DNNVV; M\u00f4i tr\u01b0\u1eddng kinh doanh m\u1ea5t \u0111i\u1ec3m; \u0111i\u1ec3m s\u00e1ng M&A<\/FONT><\/I><\/B><\/P> N\u0103m 2011 \u201cs\u1ee9c kh\u1ecfe\u201d kh\u1ed1i DNNVV b\u1ecb hao h\u1ee5t n\u1eb7ng, \u0111\u1ed3ng th\u1eddi l\u00e0 \u201cthu\u1ed1c th\u1eed\u201d cho kh\u1ed1i kinh t\u1ebf d\u00e2n doanh. L\u1ea7n \u0111\u1ea7u ti\u00ean B\u1ed9 KH&\u0110T c\u00f4ng b\u1ed1 c\u00f3 g\u1ea7n 50.000 DN (g\u1ea7n 9% s\u1ed1 doanh nghi\u1ec7p) \u201ckhai t\u1eed\u201d ch\u1ec9 trong 9 th\u00e1ng \u0111\u1ea7u n\u0103m. C\u00f9ng v\u1edbi kh\u00f3 kh\u0103n chung c\u1ee7a n\u1ec1n kinh t\u1ebf (l\u00e3i su\u1ea5t t\u0103ng cao, gi\u00e1 c\u1ea3 \u0111\u1ea7u v\u00e0o t\u0103ng m\u1ea1nh, th\u1ecb tr\u01b0\u1eddng co h\u1eb9p, nh\u00e0 n\u01b0\u1edbc ti\u1ebft gi\u1ea3m \u0111\u1ea7u t\u01b0, d\u00e2n c\u1eaft gi\u1ea3m chi ti\u00eau… ) trong khi m\u00f4i tr\u01b0\u1eddng kinh doanh m\u1ea5t \u0111i\u1ec3m khi\u1ebfn ni\u1ec1m tin c\u1ee7a DN hao h\u1ee5t. <\/FONT><\/P> Tuy nhi\u00ean, 50.000 tr\u00ean t\u1ed5ng s\u1ed1 g\u1ea7n 2 tri\u1ec7u \u0111\u00e3 \u0111\u0103ng k\u00fd ho\u1ea1t \u0111\u1ed9ng \u0111\u01b0\u1ee3c coi l\u00e0 s\u1ef1 \u201cthanh l\u1ecdc\u201d c\u1ea7n thi\u1ebft, chu\u1ea9n b\u1ecb cho chu k\u1ef3 c\u1ea1nh tranh m\u1edbi khi Vi\u1ec7t Nam \u0111\u00e3 th\u1ef1c s\u1ef1 h\u1ed9i nh\u1eadp s\u00e2u v\u1edbi kinh t\u1ebf to\u00e0n c\u1ea7u. Tuy nhi\u00ean, \u0111\u00e2y c\u0169ng l\u00e0 con s\u1ed1 \u201cc\u1ea3nh b\u00e1o\u201d kinh t\u1ebf 2012 Vi\u1ec7t Nam ti\u1ebfp t\u1ee5c kh\u00f3 kh\u0103n khi m\u00f4i tr\u01b0\u1eddng kinh doanh b\u1ecb m\u1ea5t \u0111i\u1ec3m, ngu\u1ed3n v\u1ed1n cho s\u1ea3n xu\u1ea5t b\u1ecb c\u1eaft gi\u1ea3m. Nh\u1eefng y\u1ebfu \u0111i\u1ec3m n\u1ed9i t\u1ea1i x\u01b0a c\u0169 nh\u01b0: h\u1ea1 t\u1ea7ng, nh\u00e2n l\u1ef1c, th\u1ee7 t\u1ee5c h\u00e0nh ch\u00ednh, \u1ed5n \u0111\u1ecbnh kinh t\u1ebf v\u0129 m\u00f4… ti\u1ebfp t\u1ee5c \u0111\u01b0\u1ee3c c\u1ea3nh b\u00e1o. C\u00f9ng v\u1edbi quy\u1ebft t\u00e2m c\u1ee7a c\u1ea3 h\u1ec7 th\u1ed1ng ch\u00ednh tr\u1ecb, \u0111\u00e3 \u0111\u1ebfn l\u00fac Vi\u1ec7t Nam c\u1ea7n \u201c\u0111o\u1ea1n tuy\u1ec7t\u201d v\u1edbi t\u01b0 duy c\u0169 \u0111\u1ec3 t\u1ef1 tin b\u01a1i ra bi\u1ec3n l\u1edbn v\u1edbi kh\u00ed th\u1ebf r\u1ed3ng v\u00e0ng t\u1eeb 2012 n\u00e0y. Ch\u1ecbu c\u00f9ng v\u00f2ng xo\u00e1y suy tho\u00e1i kinh t\u1ebf to\u00e0n c\u1ea7u, n\u0103m 2011 \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 l\u00e0 n\u0103m \u0111\u1ea7y kh\u00f3 kh\u0103n v\u00e0 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a n\u1ec1n kinh t\u1ebf Vi\u1ec7t Nam. Nh\u1eefng ch\u1ec9 ti\u00eau t\u0103ng tr\u01b0\u1edfng GDP; ki\u1ec1m ch\u1ebf gi\u00e1 ti\u00eau d\u00f9ng (CPI) ch\u01b0a \u0111\u1ea1t nh\u01b0 k\u1ef3 v\u1ecdng trong khi t\u1ef7 gi\u00e1; gi\u00e1 d\u1ea7u, gi\u00e1 v\u00e0ng c\u00f3 […]<\/p>\n","protected":false},"author":2,"featured_media":19297,"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\/19304"}],"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=19304"}],"version-history":[{"count":0,"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=\/wp\/v2\/posts\/19304\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=\/wp\/v2\/media\/19297"}],"wp:attachment":[{"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dntieubieuna.vn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/A>
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N\u0103m 2011 ch\u1ee9ng ki\u1ebfn h\u00e0ng lo\u1ea1t th\u01b0\u01a1ng v\u1ee5 M&A t\u1ea1i Vi\u1ec7t Nam c\u00f3 tr\u1ecb gi\u00e1 v\u01b0\u1ee3t m\u1ed1c 3 t\u1ef7 USD. C\u00e1c th\u01b0\u01a1ng v\u1ee5 \u0111i\u1ec3n h\u00ecnh \u0111\u01b0\u1ee3c ghi nh\u1eadn g\u1ed3m: T\u1eadp \u0111o\u00e0n CJ-CGV (H\u00e0n Qu\u1ed1c) b\u1ecf ra 73,6 tri\u1ec7u USD \u0111\u1ec3 s\u1edf h\u1eefu 80% c\u1ed5 ph\u1ea7n c\u1ee7a MegaStar, c\u1ee5m r\u1ea1p c\u00f3 gi\u00e1 tr\u1ecb kho\u1ea3ng 38 tri\u1ec7u. Vi\u1ec7c mua l\u1ea1i MegaStar n\u1eb1m trong chi\u1ebfn l\u01b0\u1ee3c m\u1edf r\u1ed9ng ho\u1ea1t \u0111\u1ed9ng c\u1ee7a CJ-CGV t\u1ea1i Vi\u1ec7t Nam; Marico- t\u1eadp \u0111o\u00e0n h\u00e0ng ti\u00eau d\u00f9ng, d\u1ecbch v\u1ee5 h\u00e0ng \u0111\u1ea7u \u1ea4n \u0110\u1ed9 mua 85% c\u1ed5 ph\u1ea7n c\u1ee7a C\u00f4ng ty H\u00e0ng gia d\u1ee5ng Qu\u1ed1c t\u1ebf (ICP) v\u1edbi gi\u00e1 60 tri\u1ec7u USD. Trong khi \u0111\u00f3 c\u00e1c th\u01b0\u01a1ng v\u1ee5 s\u00e1p nh\u1eadp cu\u1ed1i n\u0103m c\u1ee7a 3 ng\u00e2n h\u00e0ng \u0110\u1ec7 Nh\u1ea5t (Ficombank), Vi\u1ec7t Nam T\u00edn Ngh\u0129a (TinNghiaBank) v\u00e0 TMCP S\u00e0i G\u00f2n (SCB); th\u01b0\u01a1ng v\u1ee5 Viettel mua l\u1ea1i EVN Telecom th\u1ef1c s\u1ef1 g\u00e2y \u201cr\u00fang \u0111\u1ed9ng\u201d th\u1ecb tr\u01b0\u1eddng. N\u0103m 2012 \u0111\u01b0\u1ee3c d\u1ef1 b\u00e1o s\u1ebd c\u00f3 h\u00e0ng lo\u1ea1t c\u00e1c v\u1ee5 M&A \u0111\u01b0\u1ee3c ho\u00e0n th\u00e0nh trong qu\u00e1 tr\u00ecnh t\u00e1i c\u1ea5u tr\u00fac n\u1ec1n kinh t\u1ebf v\u00e0 s\u1eafp x\u1ebfp doanh nghi\u1ec7p y\u1ebfu k\u00e9m c\u1ea7n \u201ckhai t\u1eed\u201d.
<\/FONT> Theo T\u00e0i ch\u00ednh \u0111i\u1ec7n t\u1eed
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