{"id":52129,"date":"2026-10-19T14:21:14","date_gmt":"2026-10-19T07:21:14","guid":{"rendered":"https:\/\/edutrade.vn\/?p=52129"},"modified":"2026-10-19T14:21:14","modified_gmt":"2026-10-19T07:21:14","slug":"cuoc-hop-ngan-hang-nhnn-giam-lai-suat","status":"publish","type":"post","link":"https:\/\/edutrade.vn\/en\/cuoc-hop-ngan-hang-nhnn-giam-lai-suat\/","title":{"rendered":"Cu\u1ed9c h\u1ecdp ng\u00e2n h\u00e0ng: NHNN y\u00eau c\u1ea7u gi\u1ea3m l\u00e3i su\u1ea5t"},"content":{"rendered":"

S\u00e1ng 19\/10\/2026, t\u1ea1i tr\u1ee5 s\u1edf Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc (NHNN), m\u1ed9t cu\u1ed9c h\u1ecdp ng\u00e2n h\u00e0ng quan tr\u1ecdng \u0111\u00e3 di\u1ec5n ra d\u01b0\u1edbi s\u1ef1 ch\u1ee7 tr\u00ec c\u1ee7a Th\u1ed1ng \u0111\u1ed1c NHNN Ph\u1ea1m \u0110\u1ee9c \u1ea4n. \u0110\u00e2y l\u00e0 cu\u1ed9c l\u00e0m vi\u1ec7c thu h\u00fat s\u1ef1 ch\u00fa \u00fd l\u1edbn c\u1ee7a th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh, khi to\u00e0n b\u1ed9 l\u00e3nh \u0111\u1ea1o c\u1ea5p cao c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i \u0111\u1ec1u \u0111\u01b0\u1ee3c y\u00eau c\u1ea7u tham d\u1ef1 tr\u1ef1c ti\u1ebfp, bao g\u1ed3m Ch\u1ee7 t\u1ecbch H\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb v\u00e0 T\u1ed5ng gi\u00e1m \u0111\u1ed1c. NHNN c\u0169ng nh\u1ea5n m\u1ea1nh kh\u00f4ng ch\u1ea5p nh\u1eadn vi\u1ec7c c\u1eed ng\u01b0\u1eddi h\u1ecdp thay.<\/p>\n

Cu\u1ed9c h\u1ecdp di\u1ec5n ra trong b\u1ed1i c\u1ea3nh m\u1eb7t b\u1eb1ng l\u00e3i su\u1ea5t, t\u0103ng tr\u01b0\u1edfng t\u00edn d\u1ee5ng v\u00e0 s\u1ee9c kh\u1ecfe h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng \u0111ang l\u00e0 nh\u1eefng v\u1ea5n \u0111\u1ec1 \u0111\u01b0\u1ee3c theo d\u00f5i s\u00e1t sao. V\u1edbi vai tr\u00f2 tr\u1ee5 c\u1ed9t c\u1ee7a n\u1ec1n kinh t\u1ebf, ng\u00e0nh ng\u00e2n h\u00e0ng \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng v\u1eeba \u0111\u1ea3m b\u1ea3o an to\u00e0n h\u1ec7 th\u1ed1ng v\u1eeba h\u1ed7 tr\u1ee3 m\u1ea1nh m\u1ebd cho t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf, \u0111\u1eb7c bi\u1ec7t l\u00e0 trong giai \u0111o\u1ea1n n\u1ec1n kinh t\u1ebf \u0111\u1eb7t m\u1ee5c ti\u00eau t\u0103ng tr\u01b0\u1edfng cao h\u01a1n.<\/p>\n

L\u00fd do NHNN t\u1ed5 ch\u1ee9c cu\u1ed9c h\u1ecdp tr\u1ef1c ti\u1ebfp v\u1edbi l\u00e3nh \u0111\u1ea1o ng\u00e2n h\u00e0ng<\/h2>\n

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Ph\u00e1t bi\u1ec3u khai m\u1ea1c, Th\u1ed1ng \u0111\u1ed1c Ph\u1ea1m \u0110\u1ee9c \u1ea4n cho bi\u1ebft nh\u1eefng th\u00f4ng tin \u0111\u01b0\u1ee3c tri\u1ec3n khai cu\u1ed1i tu\u1ea7n tr\u01b0\u1edbc t\u1edbi to\u00e0n h\u1ec7 th\u1ed1ng, li\u00ean quan \u0111\u1ebfn ho\u1ea1t \u0111\u1ed9ng ng\u00e2n h\u00e0ng m\u00e0 tr\u1ecdng t\u00e2m l\u00e0 l\u00e3i su\u1ea5t v\u00e0 t\u00edn d\u1ee5ng, kh\u00f4ng ph\u1ea3i l\u00e0 ho\u00e0n to\u00e0n m\u1edbi. Tuy nhi\u00ean, \u0111\u00e2y l\u00e0 nh\u1eefng n\u1ed9i dung r\u1ea5t quan tr\u1ecdng, th\u1ec3 hi\u1ec7n r\u00f5 quy\u1ebft t\u00e2m c\u1ee7a ng\u00e0nh ng\u00e2n h\u00e0ng trong vi\u1ec7c th\u00fac \u0111\u1ea9y t\u0103ng tr\u01b0\u1edfng hai ch\u1eef s\u1ed1, \u0111\u1ed3ng th\u1eddi \u0111\u1eb7t v\u1ea5n \u0111\u1ec1 an ninh ti\u1ec1n t\u1ec7 v\u00e0 an to\u00e0n h\u1ec7 th\u1ed1ng l\u00ean h\u00e0ng \u0111\u1ea7u.<\/p>\n

\u00d4ng nh\u1ea5n m\u1ea1nh m\u1ed9t c\u00e1ch h\u00ecnh \u1ea3nh r\u1eb1ng ng\u00e2n h\u00e0ng l\u00e0 \u201cm\u1ea1ch m\u00e1u c\u1ee7a n\u1ec1n kinh t\u1ebf\u201d. N\u1ebfu m\u1ea1ch m\u00e1u g\u1eb7p v\u1ea5n \u0111\u1ec1, c\u01a1 th\u1ec3 kh\u00f3 c\u00f3 th\u1ec3 kh\u1ecfe m\u1ea1nh. V\u00ec v\u1eady, mu\u1ed1n \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee5c ti\u00eau t\u0103ng tr\u01b0\u1edfng cao, vi\u1ec7c gi\u1eef v\u1eefng h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng v\u00e0 \u0111\u1ea3m b\u1ea3o an to\u00e0n v\u0129 m\u00f4 l\u00e0 \u0111i\u1ec1u kh\u00f4ng th\u1ec3 xem nh\u1eb9.<\/p>\n

Vi\u1ec7c NHNN y\u00eau c\u1ea7u c\u00e1c l\u00e3nh \u0111\u1ea1o c\u1ea5p cao c\u1ee7a ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i tr\u1ef1c ti\u1ebfp c\u00f3 m\u1eb7t c\u0169ng cho th\u1ea5y m\u1ee9c \u0111\u1ed9 nghi\u00eam t\u00fac c\u1ee7a v\u1ea5n \u0111\u1ec1. Trong b\u1ed1i c\u1ea3nh nhi\u1ec1u quy\u1ebft s\u00e1ch c\u1ea7n \u0111\u01b0\u1ee3c tri\u1ec3n khai \u0111\u1ed3ng b\u1ed9 v\u00e0 nhanh ch\u00f3ng, vi\u1ec7c trao \u0111\u1ed5i tr\u1ef1c ti\u1ebfp gi\u00fap NHNN nghe r\u00f5 h\u01a1n \u00fd ki\u1ebfn t\u1eeb c\u00e1c ng\u00e2n h\u00e0ng, qua \u0111\u00f3 \u0111\u01b0a ra \u0111\u1ecbnh h\u01b0\u1edbng th\u1ef1c t\u1ebf v\u00e0 hi\u1ec7u qu\u1ea3 h\u01a1n.<\/p>\n

T\u0103ng tr\u01b0\u1edfng huy \u0111\u1ed9ng v\u00e0 t\u00edn d\u1ee5ng \u0111ang cho th\u1ea5y xu h\u01b0\u1edbng m\u1edbi<\/h2>\n

Theo c\u1eadp nh\u1eadt t\u1eeb Th\u1ed1ng \u0111\u1ed1c NHNN, \u0111\u1ebfn cu\u1ed1i tu\u1ea7n qua, huy \u0111\u1ed9ng v\u1ed1n c\u1ee7a h\u1ec7 th\u1ed1ng \u0111\u00e3 t\u0103ng 11,22%, trong khi t\u00edn d\u1ee5ng t\u0103ng 11,44%. \u0110i\u1ec3m \u0111\u00e1ng ch\u00fa \u00fd l\u00e0 t\u00edn d\u1ee5ng \u0111ang t\u0103ng nhanh h\u01a1n huy \u0111\u1ed9ng, \u0111i\u1ec1u n\u00e0y ph\u1ea3n \u00e1nh nhu c\u1ea7u v\u1ed1n trong n\u1ec1n kinh t\u1ebf t\u0103ng l\u00ean r\u00f5 r\u1ec7t.<\/p>\n

Kh\u00e1c v\u1edbi m\u1ed9t s\u1ed1 giai \u0111o\u1ea1n tr\u01b0\u1edbc, khi t\u00edn d\u1ee5ng t\u0103ng ch\u1eadm h\u01a1n huy \u0111\u1ed9ng, xu h\u01b0\u1edbng hi\u1ec7n nay cho th\u1ea5y doanh nghi\u1ec7p v\u00e0 n\u1ec1n kinh t\u1ebf \u0111ang h\u1ea5p th\u1ee5 v\u1ed1n m\u1ea1nh h\u01a1n. \u0110\u00e2y \u0111\u01b0\u1ee3c xem l\u00e0 t\u00edn hi\u1ec7u t\u00edch c\u1ef1c, v\u00ec n\u00f3 cho th\u1ea5y ng\u00e2n h\u00e0ng \u0111ang b\u01a1m v\u1ed1n t\u00edch c\u1ef1c cho n\u1ec1n kinh t\u1ebf th\u1ef1c, thay v\u00ec ch\u1ec9 d\u1eebng \u1edf m\u1ee9c \u0111i\u1ec1u h\u00e0nh th\u1eadn tr\u1ecdng.<\/p>\n

Tuy nhi\u00ean, t\u0103ng tr\u01b0\u1edfng t\u00edn d\u1ee5ng nhanh h\u01a1n c\u0169ng \u0111\u1eb7t ra y\u00eau c\u1ea7u cao h\u01a1n \u0111\u1ed1i v\u1edbi qu\u1ea3n tr\u1ecb r\u1ee7i ro. N\u1ebfu d\u00f2ng v\u1ed1n kh\u00f4ng \u0111\u01b0\u1ee3c ph\u00e2n b\u1ed5 h\u1ee3p l\u00fd, \u00e1p l\u1ef1c l\u00ean thanh kho\u1ea3n v\u00e0 ch\u1ea5t l\u01b0\u1ee3ng t\u00e0i s\u1ea3n c\u00f3 th\u1ec3 gia t\u0103ng. V\u00ec v\u1eady, NHNN \u0111\u1eb7t tr\u1ecdng t\u00e2m kh\u00f4ng ch\u1ec9 v\u00e0o t\u0103ng tr\u01b0\u1edfng, m\u00e0 c\u00f2n v\u00e0o hi\u1ec7u qu\u1ea3 v\u00e0 an to\u00e0n c\u1ee7a d\u00f2ng v\u1ed1n.<\/p>\n

T\u1ef7 gi\u00e1 \u1ed5n \u0111\u1ecbnh v\u00e0 ni\u1ec1m tin v\u1edbi \u0111\u1ed3ng Vi\u1ec7t Nam<\/h2>\n

M\u1ed9t n\u1ed9i dung \u0111\u01b0\u1ee3c Th\u1ed1ng \u0111\u1ed1c nh\u1ea5n m\u1ea1nh l\u00e0 trong b\u1ed1i c\u1ea3nh kinh t\u1ebf to\u00e0n c\u1ea7u nhi\u1ec1u bi\u1ebfn \u0111\u1ed9ng, t\u1ef7 gi\u00e1 v\u1eabn gi\u1eef \u0111\u01b0\u1ee3c s\u1ef1 \u1ed5n \u0111\u1ecbnh. \u0110\u00e2y l\u00e0 c\u01a1 s\u1edf quan tr\u1ecdng cho th\u1ea5y ni\u1ec1m tin v\u00e0o \u0111\u1ed3ng Vi\u1ec7t Nam \u0111ang \u0111\u01b0\u1ee3c c\u1ee7ng c\u1ed1.<\/p>\n

Theo \u00f4ng, s\u1ef1 \u1ed5n \u0111\u1ecbnh c\u1ee7a t\u1ef7 gi\u00e1 kh\u00f4ng ch\u1ec9 c\u00f3 \u00fd ngh\u0129a \u0111\u1ed1i v\u1edbi th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i m\u00e0 c\u00f2n t\u00e1c \u0111\u1ed9ng t\u00edch c\u1ef1c \u0111\u1ebfn ni\u1ec1m tin c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 trong v\u00e0 ngo\u00e0i n\u01b0\u1edbc. Khi \u0111\u1ed3ng ti\u1ec1n \u1ed5n \u0111\u1ecbnh, doanh nghi\u1ec7p d\u1ec5 l\u1eadp k\u1ebf ho\u1ea1ch h\u01a1n, d\u00f2ng v\u1ed1n \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i c\u0169ng c\u00f3 th\u00eam l\u00fd do \u0111\u1ec3 ti\u1ebfp t\u1ee5c ch\u1ea3y v\u00e0o Vi\u1ec7t Nam.<\/p>\n

Th\u1ef1c t\u1ebf, v\u1ed1n \u0111\u0103ng k\u00fd v\u00e0 v\u1ed1n gi\u1ea3i ng\u00e2n FDI trong 9 th\u00e1ng \u0111\u1ea7u n\u0103m \u0111\u01b0\u1ee3c xem l\u00e0 m\u1ed9t \u0111i\u1ec3m s\u00e1ng. C\u00f3 nhi\u1ec1u y\u1ebfu t\u1ed1 g\u00f3p ph\u1ea7n t\u1ea1o n\u00ean k\u1ebft qu\u1ea3 n\u00e0y, trong \u0111\u00f3 s\u1ef1 \u1ed5n \u0111\u1ecbnh c\u1ee7a \u0111\u1ed3ng ti\u1ec1n l\u00e0 m\u1ed9t n\u1ec1n t\u1ea3ng quan tr\u1ecdng. \u0110i\u1ec1u \u0111\u00f3 cho th\u1ea5y ch\u00ednh s\u00e1ch \u0111i\u1ec1u h\u00e0nh ti\u1ec1n t\u1ec7 th\u1eadn tr\u1ecdng \u0111ang h\u1ed7 tr\u1ee3 tr\u1ef1c ti\u1ebfp cho m\u1ee5c ti\u00eau thu h\u00fat v\u1ed1n v\u00e0 \u1ed5n \u0111\u1ecbnh kinh t\u1ebf v\u0129 m\u00f4.<\/p>\n

\u00c1p l\u1ef1c l\u00e3i su\u1ea5t v\u00e0 y\u00eau c\u1ea7u gi\u1ea3m m\u1eb7t b\u1eb1ng cho vay<\/h2>\n

Trong ph\u1ea7n ph\u00e1t bi\u1ec3u c\u1ee7a m\u00ecnh, Th\u1ed1ng \u0111\u1ed1c c\u0169ng \u0111\u1ec1 c\u1eadp \u0111\u1ebfn b\u1ed1i c\u1ea3nh l\u00e3i su\u1ea5t qu\u1ed1c t\u1ebf \u0111ang ch\u1ecbu nhi\u1ec1u s\u1ee9c \u00e9p. T\u1ea1i nhi\u1ec1u n\u1ec1n kinh t\u1ebf l\u1edbn, t\u1eeb EU \u0111\u1ebfn M\u1ef9, c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng, trong \u0111\u00f3 c\u00f3 Fed, \u0111\u00e3 ph\u1ea3i \u0111i\u1ec1u ch\u1ec9nh l\u00e3i su\u1ea5t \u0111\u1ec3 ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t. \u0110i\u1ec1u n\u00e0y t\u1ea1o ra m\u1ed9t m\u00f4i tr\u01b0\u1eddng to\u00e0n c\u1ea7u r\u1ea5t kh\u00f3 d\u1ef1 \u0111o\u00e1n, bu\u1ed9c Vi\u1ec7t Nam ph\u1ea3i theo d\u00f5i s\u00e1t sao \u0111\u1ec3 c\u00f3 nh\u1eefng ph\u1ea3n \u1ee9ng ph\u00f9 h\u1ee3p.<\/p>\n

\u0110\u1ec3 hi\u1ec3u th\u00eam b\u1ed1i c\u1ea3nh qu\u1ed1c t\u1ebf, b\u1ea1n \u0111\u1ecdc c\u00f3 th\u1ec3 tham kh\u1ea3o bi\u00ean b\u1ea3n cu\u1ed9c h\u1ecdp Fed th\u00e1ng 9 v\u1ec1 l\u00e3i su\u1ea5t v\u00e0 l\u1ea1m ph\u00e1t<\/a>, \u0111\u1ed3ng th\u1eddi theo d\u00f5i th\u00f4ng tin ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9<\/a>.<\/p>\n

Ng\u00e0y 16\/10, Ph\u00f3 Th\u1ee7 t\u01b0\u1edbng Nguy\u1ec5n V\u0103n Th\u1eafng \u0111\u00e3 c\u00f3 cu\u1ed9c h\u1ecdp v\u1edbi NHNN v\u1ec1 v\u1ea5n \u0111\u1ec1 n\u00e0y. \u0110\u1ebfn ng\u00e0y 18\/10, NHNN ti\u1ebfp t\u1ee5c ch\u1ec9 \u0111\u1ea1o c\u00e1c ng\u00e2n h\u00e0ng \u0111\u1ea3m b\u1ea3o m\u1ee9c l\u00e3i su\u1ea5t ph\u00f9 h\u1ee3p, v\u1eeba h\u1ed7 tr\u1ee3 n\u1ec1n kinh t\u1ebf, v\u1eeba gi\u1eef an to\u00e0n ho\u1ea1t \u0111\u1ed9ng v\u00e0 tr\u00e1nh c\u1ea1nh tranh kh\u00f4ng l\u00e0nh m\u1ea1nh.<\/p>\n

Th\u1ed1ng \u0111\u1ed1c nh\u1ea5n m\u1ea1nh \u0111\u00e2y kh\u00f4ng ph\u1ea3i l\u00e0 l\u1ea7n \u0111\u1ea7u NHNN \u0111\u01b0a ra y\u00eau c\u1ea7u nh\u01b0 v\u1eady, m\u00e0 \u0111\u00e3 nhi\u1ec1u l\u1ea7n ch\u1ec9 \u0111\u1ea1o h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng ph\u1ea3i ki\u1ec3m so\u00e1t ch\u1eb7t l\u00e3i su\u1ea5t huy \u0111\u1ed9ng v\u00e0 l\u00e3i su\u1ea5t cho vay. Tuy nhi\u00ean, trong b\u1ed1i c\u1ea3nh hi\u1ec7n nay, y\u00eau c\u1ea7u n\u00e0y \u0111\u01b0\u1ee3c \u0111\u1eb7t ra v\u1edbi m\u1ee9c \u0111\u1ed9 kh\u1ea9n tr\u01b0\u01a1ng v\u00e0 quy\u1ebft li\u1ec7t h\u01a1n.<\/p>\n

Gi\u1ea3m l\u00e3i su\u1ea5t huy \u0111\u1ed9ng \u0111\u1ec3 t\u1ea1o d\u01b0 \u0111\u1ecba cho vay r\u1ebb h\u01a1n<\/h2>\n

M\u1ed9t trong nh\u1eefng n\u1ed9i dung quan tr\u1ecdng nh\u1ea5t t\u1ea1i cu\u1ed9c h\u1ecdp l\u00e0 y\u00eau c\u1ea7u ti\u1ebft gi\u1ea3m chi ph\u00ed v\u00e0 gi\u1ea3m l\u00e3i su\u1ea5t cho vay \u0111\u1ed1i v\u1edbi c\u00e1c l\u0129nh v\u1ef1c \u01b0u ti\u00ean. Theo Th\u1ed1ng \u0111\u1ed1c, mu\u1ed1n gi\u1ea3m l\u00e3i su\u1ea5t cho vay th\u00ec tr\u01b0\u1edbc h\u1ebft ph\u1ea3i c\u00f3 c\u01a1 s\u1edf t\u1eeb l\u00e3i su\u1ea5t huy \u0111\u1ed9ng. N\u1ebfu l\u00e3i su\u1ea5t huy \u0111\u1ed9ng kh\u00f4ng gi\u1ea3m, r\u1ea5t kh\u00f3 t\u1ea1o d\u01b0 \u0111\u1ecba \u0111\u1ec3 gi\u1ea3m l\u00e3i su\u1ea5t \u0111\u1ea7u ra.<\/p>\n

NHNN y\u00eau c\u1ea7u tr\u01b0\u1edbc m\u1eaft c\u00e1c t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng gi\u1ea3m l\u00e3i su\u1ea5t ti\u1ec1n g\u1eedi ni\u00eam y\u1ebft t\u1ed1i thi\u1ec3u 0,5%\/n\u0103m \u0111\u1ed1i v\u1edbi c\u00e1c k\u1ef3 h\u1ea1n t\u1eeb 6 th\u00e1ng tr\u1edf l\u00ean. \u0110\u1ed3ng th\u1eddi, c\u00e1c ng\u00e2n h\u00e0ng tuy\u1ec7t \u0111\u1ed1i kh\u00f4ng \u0111\u01b0\u1ee3c \u0111ua t\u0103ng l\u00e3i su\u1ea5t huy \u0111\u1ed9ng hay c\u1ea1nh tranh kh\u00f4ng l\u00e0nh m\u1ea1nh, v\u00ec \u0111i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 g\u00e2y b\u1ea5t \u1ed5n cho th\u1ecb tr\u01b0\u1eddng ti\u1ec1n t\u1ec7 v\u00e0 an ninh t\u00e0i ch\u00ednh.<\/p>\n

T\u1eeb ph\u00eda c\u00e1c ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i, m\u1ee5c ti\u00eau \u0111\u01b0\u1ee3c nh\u1ea5n m\u1ea1nh l\u00e0 c\u1ea7n chia s\u1ebb l\u1ee3i nhu\u1eadn \u0111\u1ec3 gi\u1ea3m l\u00e3i su\u1ea5t cho vay. NHNN k\u1ef3 v\u1ecdng c\u00e1c TCTD gi\u1ea3m t\u1eeb 1,5-2%\/n\u0103m l\u00e3i su\u1ea5t cho vay \u0111\u1ed1i v\u1edbi s\u1ea3n xu\u1ea5t kinh doanh v\u00e0 c\u00e1c l\u0129nh v\u1ef1c \u01b0u ti\u00ean. \u0110\u00e2y l\u00e0 m\u1ee9c gi\u1ea3m \u0111\u00e1ng k\u1ec3, cho th\u1ea5y \u0111\u1ecbnh h\u01b0\u1edbng ch\u00ednh s\u00e1ch \u0111ang \u01b0u ti\u00ean h\u1ed7 tr\u1ee3 doanh nghi\u1ec7p, nh\u1ea5t l\u00e0 trong b\u1ed1i c\u1ea3nh chi ph\u00ed v\u1ed1n v\u1eabn l\u00e0 g\u00e1nh n\u1eb7ng l\u1edbn v\u1edbi nhi\u1ec1u ng\u00e0nh.<\/p>\n

V\u00ed d\u1ee5 t\u00e1c \u0111\u1ed9ng t\u1edbi doanh nghi\u1ec7p<\/h3>\n

M\u1ed9t doanh nghi\u1ec7p s\u1ea3n xu\u1ea5t nh\u1ecf \u0111ang vay v\u1ed1n l\u01b0u \u0111\u1ed9ng 20 t\u1ef7 \u0111\u1ed3ng v\u1edbi l\u00e3i su\u1ea5t 10%\/n\u0103m. N\u1ebfu \u0111\u01b0\u1ee3c gi\u1ea3m 1,5% l\u00e3i su\u1ea5t, chi ph\u00ed l\u00e3i vay m\u1ed7i n\u0103m c\u00f3 th\u1ec3 gi\u1ea3m kho\u1ea3ng 300 tri\u1ec7u \u0111\u1ed3ng. V\u1edbi doanh nghi\u1ec7p quy m\u00f4 v\u1eeba ho\u1eb7c nh\u1ecf, m\u1ee9c ti\u1ebft ki\u1ec7m n\u00e0y c\u00f3 th\u1ec3 t\u1ea1o ra kh\u00e1c bi\u1ec7t l\u1edbn trong d\u00f2ng ti\u1ec1n, gi\u00fap h\u1ecd c\u00f3 th\u00eam ngu\u1ed3n l\u1ef1c \u0111\u1ec3 mua nguy\u00ean li\u1ec7u, t\u0103ng \u0111\u1ea7u t\u01b0 m\u00e1y m\u00f3c ho\u1eb7c m\u1edf r\u1ed9ng \u0111\u01a1n h\u00e0ng.<\/p>\n

T\u01b0\u01a1ng t\u1ef1, v\u1edbi c\u00e1c doanh nghi\u1ec7p trong l\u0129nh v\u1ef1c xu\u1ea5t kh\u1ea9u, c\u00f4ng ngh\u1ec7, \u0111\u1ed5i m\u1edbi s\u00e1ng t\u1ea1o hay s\u1ea3n xu\u1ea5t xanh, l\u00e3i su\u1ea5t th\u1ea5p h\u01a1n kh\u00f4ng ch\u1ec9 l\u00e0 h\u1ed7 tr\u1ee3 t\u00e0i ch\u00ednh m\u00e0 c\u00f2n t\u0103ng kh\u1ea3 n\u0103ng c\u1ea1nh tranh tr\u00ean th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf.<\/p>\n

T\u00edn d\u1ee5ng ph\u1ea3i an to\u00e0n, hi\u1ec7u qu\u1ea3 v\u00e0 \u0111\u00fang h\u01b0\u1edbng<\/h2>\n

B\u00ean c\u1ea1nh vi\u1ec7c gi\u1ea3m m\u1eb7t b\u1eb1ng l\u00e3i su\u1ea5t, NHNN c\u0169ng y\u00eau c\u1ea7u c\u00e1c ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i t\u1eadp trung ngu\u1ed3n v\u1ed1n t\u00edn d\u1ee5ng v\u00e0o nh\u1eefng l\u0129nh v\u1ef1c t\u1ea1o gi\u00e1 tr\u1ecb th\u1ef1c cho n\u1ec1n kinh t\u1ebf. Tr\u1ecdng t\u00e2m l\u00e0 s\u1ea3n xu\u1ea5t kinh doanh, c\u00e1c l\u0129nh v\u1ef1c \u01b0u ti\u00ean v\u00e0 c\u00e1c \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng.<\/p>\n

C\u1ee5 th\u1ec3, c\u00e1c ng\u00e2n h\u00e0ng c\u1ea7n \u01b0u ti\u00ean c\u1ea5p t\u00edn d\u1ee5ng cho:<\/p>\n

    \n
  • C\u00e1c c\u00f4ng tr\u00ecnh, d\u1ef1 \u00e1n tr\u1ecdng \u0111i\u1ec3m, kh\u1ea3 thi, ph\u1ee5c v\u1ee5 ph\u00e1t tri\u1ec3n kinh t\u1ebf – x\u00e3 h\u1ed9i<\/li>\n
  • C\u00e1c l\u0129nh v\u1ef1c \u0111\u01b0\u1ee3c khuy\u1ebfn kh\u00edch theo ch\u1ec9 \u0111\u1ea1o c\u1ee7a Ch\u00ednh ph\u1ee7 v\u00e0 Th\u1ee7 t\u01b0\u1edbng Ch\u00ednh ph\u1ee7<\/li>\n
  • Khoa h\u1ecdc, c\u00f4ng ngh\u1ec7, \u0111\u1ed5i m\u1edbi s\u00e1ng t\u1ea1o<\/li>\n
  • Chuy\u1ec3n \u0111\u1ed5i s\u1ed1, chuy\u1ec3n \u0111\u1ed5i xanh<\/li>\n
  • Kinh t\u1ebf s\u1ed1, kinh t\u1ebf xanh, kinh t\u1ebf tu\u1ea7n ho\u00e0n<\/li>\n
  • Gi\u00e1o d\u1ee5c v\u00e0 \u0111\u00e0o t\u1ea1o<\/li>\n
  • C\u00f4ng nghi\u1ec7p v\u0103n h\u00f3a<\/li>\n<\/ul>\n

    \u0110\u00e2y l\u00e0 nh\u1eefng l\u0129nh v\u1ef1c c\u00f3 kh\u1ea3 n\u0103ng t\u1ea1o \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng d\u00e0i h\u1ea1n, n\u00e2ng cao n\u0103ng su\u1ea5t v\u00e0 gi\u00fap n\u1ec1n kinh t\u1ebf th\u00edch \u1ee9ng t\u1ed1t h\u01a1n v\u1edbi xu h\u01b0\u1edbng to\u00e0n c\u1ea7u. Vi\u1ec7c ph\u00e2n b\u1ed5 v\u1ed1n theo h\u01b0\u1edbng n\u00e0y cho th\u1ea5y vai tr\u00f2 c\u1ee7a ng\u00e2n h\u00e0ng kh\u00f4ng ch\u1ec9 l\u00e0 trung gian t\u00e0i ch\u00ednh m\u00e0 c\u00f2n l\u00e0 \u201cb\u1ed9 l\u1ecdc\u201d \u0111\u1ecbnh h\u01b0\u1edbng d\u00f2ng ti\u1ec1n cho n\u1ec1n kinh t\u1ebf.<\/p>\n

    Ki\u1ec3m so\u00e1t r\u1ee7i ro v\u00e0 kh\u00f4ng h\u1ea1 chu\u1ea9n t\u00edn d\u1ee5ng<\/h3>\n

    M\u1ed9t \u0111i\u1ec3m \u0111\u01b0\u1ee3c nh\u1ea5n m\u1ea1nh r\u1ea5t r\u00f5 l\u00e0 c\u00e1c ng\u00e2n h\u00e0ng ph\u1ea3i ki\u1ec3m so\u00e1t ch\u1eb7t ch\u1ebd t\u00edn d\u1ee5ng \u0111\u1ed1i v\u1edbi c\u00e1c l\u0129nh v\u1ef1c c\u00f3 r\u1ee7i ro cao, c\u00e1c kh\u00e1ch h\u00e0ng ho\u1eb7c nh\u00f3m kh\u00e1ch h\u00e0ng c\u00f3 d\u01b0 n\u1ee3 l\u1edbn. \u0110\u1ed3ng th\u1eddi, NHNN y\u00eau c\u1ea7u t\u0103ng c\u01b0\u1eddng h\u1ee3p v\u1ed1n \u0111\u1ed1i v\u1edbi c\u00e1c d\u1ef1 \u00e1n l\u1edbn \u0111\u1ec3 ph\u00e2n t\u00e1n r\u1ee7i ro v\u00e0 \u0111\u1ea3m b\u1ea3o ch\u1ea5t l\u01b0\u1ee3ng kho\u1ea3n vay.<\/p>\n

    Quan tr\u1ecdng h\u01a1n, NHNN y\u00eau c\u1ea7u tuy\u1ec7t \u0111\u1ed1i kh\u00f4ng h\u1ea1 chu\u1ea9n \u0111i\u1ec1u ki\u1ec7n c\u1ea5p t\u00edn d\u1ee5ng. N\u00f3i c\u00e1ch kh\u00e1c, kh\u00f4ng \u0111\u01b0\u1ee3c \u0111\u00e1nh \u0111\u1ed5i ch\u1ea5t l\u01b0\u1ee3ng t\u00edn d\u1ee5ng \u0111\u1ec3 l\u1ea5y t\u0103ng tr\u01b0\u1edfng quy m\u00f4. \u0110\u00e2y l\u00e0 nguy\u00ean t\u1eafc then ch\u1ed1t, b\u1edfi t\u0103ng tr\u01b0\u1edfng n\u00f3ng c\u00f3 th\u1ec3 t\u1ea1o ra n\u1ee3 x\u1ea5u trong t\u01b0\u01a1ng lai n\u1ebfu th\u1ea9m \u0111\u1ecbnh l\u1ecfng l\u1ebbo.<\/p>\n

    Y\u00eau c\u1ea7u n\u00e0y ph\u1ea3n \u00e1nh m\u1ed9t t\u01b0 duy \u0111i\u1ec1u h\u00e0nh c\u00e2n b\u1eb1ng: v\u1eeba khuy\u1ebfn kh\u00edch t\u00edn d\u1ee5ng ch\u1ea3y v\u00e0o n\u1ec1n kinh t\u1ebf, v\u1eeba duy tr\u00ec k\u1ef7 lu\u1eadt th\u1ecb tr\u01b0\u1eddng v\u00e0 an to\u00e0n h\u1ec7 th\u1ed1ng.<\/p>\n

    Ph\u00e1t tri\u1ec3n c\u00e2n \u0111\u1ed1i gi\u1eefa huy \u0111\u1ed9ng v\u1ed1n v\u00e0 t\u00edn d\u1ee5ng<\/h2>\n

    M\u1ed9t n\u1ed9i dung kh\u00e1c \u0111\u01b0\u1ee3c c\u00e1c ng\u00e2n h\u00e0ng th\u1ed1ng nh\u1ea5t l\u00e0 b\u1ea3o \u0111\u1ea3m ph\u00e1t tri\u1ec3n h\u00e0i h\u00f2a gi\u1eefa huy \u0111\u1ed9ng v\u1ed1n v\u00e0 t\u00edn d\u1ee5ng. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 t\u0103ng tr\u01b0\u1edfng cho vay ph\u1ea3i \u0111i c\u00f9ng kh\u1ea3 n\u0103ng huy \u0111\u1ed9ng v\u1ed1n th\u1ef1c ch\u1ea5t, thay v\u00ec ph\u1ee5 thu\u1ed9c qu\u00e1 nhi\u1ec1u v\u00e0o c\u00e1c ngu\u1ed3n v\u1ed1n ng\u1eafn h\u1ea1n ho\u1eb7c c\u00e1c bi\u1ec7n ph\u00e1p mang t\u00ednh ng\u1eafn h\u1ea1n.<\/p>\n

    C\u00e1c ng\u00e2n h\u00e0ng c\u0169ng \u0111\u01b0\u1ee3c y\u00eau c\u1ea7u:<\/p>\n

      \n
    • Th\u01b0\u1eddng xuy\u00ean r\u00e0 so\u00e1t c\u01a1 c\u1ea5u ngu\u1ed3n v\u1ed1n theo lo\u1ea1i ti\u1ec1n v\u00e0 k\u1ef3 h\u1ea1n<\/li>\n
    • \u0110a d\u1ea1ng h\u00f3a k\u00eanh huy \u0111\u1ed9ng<\/li>\n
    • N\u00e2ng cao n\u0103ng l\u1ef1c qu\u1ea3n l\u00fd v\u00e0 \u0111i\u1ec1u h\u00e0nh<\/li>\n
    • T\u0103ng c\u01b0\u1eddng qu\u1ea3n tr\u1ecb r\u1ee7i ro, ki\u1ec3m so\u00e1t n\u1ed9i b\u1ed9 v\u00e0 ki\u1ec3m to\u00e1n n\u1ed9i b\u1ed9<\/li>\n
    • Tu\u00e2n th\u1ee7 nghi\u00eam c\u00e1c quy \u0111\u1ecbnh ph\u00e1p lu\u1eadt v\u00e0 c\u00e1c t\u1ef7 l\u1ec7 b\u1ea3o \u0111\u1ea3m an to\u00e0n<\/li>\n
    • C\u1ee7ng c\u1ed1 k\u1ef7 c\u01b0\u01a1ng, k\u1ef7 lu\u1eadt v\u00e0 \u0111\u1ea1o \u0111\u1ee9c ngh\u1ec1 nghi\u1ec7p trong ho\u1ea1t \u0111\u1ed9ng ng\u00e2n h\u00e0ng<\/li>\n<\/ul>\n

      Nh\u1eefng y\u00eau c\u1ea7u n\u00e0y kh\u00f4ng ch\u1ec9 mang t\u00ednh k\u1ef9 thu\u1eadt m\u00e0 c\u00f2n l\u00e0 n\u1ec1n t\u1ea3ng cho s\u1ef1 ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng c\u1ee7a c\u1ea3 h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh. Khi ng\u00e2n h\u00e0ng v\u1eadn h\u00e0nh minh b\u1ea1ch, k\u1ef7 lu\u1eadt t\u1ed1t v\u00e0 ki\u1ec3m so\u00e1t r\u1ee7i ro ch\u1eb7t ch\u1ebd, ni\u1ec1m tin c\u1ee7a ng\u01b0\u1eddi g\u1eedi ti\u1ec1n, doanh nghi\u1ec7p v\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u0169ng s\u1ebd \u0111\u01b0\u1ee3c c\u1ee7ng c\u1ed1.<\/p>\n

      K\u1ebft qu\u1ea3 cu\u1ed9c h\u1ecdp: \u0110\u1ed3ng thu\u1eadn gi\u1ea3m l\u00e3i su\u1ea5t v\u00e0 h\u1ed7 tr\u1ee3 n\u1ec1n kinh t\u1ebf<\/h2>\n

      Theo th\u00f4ng tin t\u1eeb NHNN, c\u00e1c ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i \u0111\u00e3 th\u1ed1ng nh\u1ea5t \u0111\u1ed3ng thu\u1eadn cao trong vi\u1ec7c t\u1ed5 ch\u1ee9c th\u1ef1c hi\u1ec7n nghi\u00eam t\u00fac, hi\u1ec7u qu\u1ea3 c\u00e1c nhi\u1ec7m v\u1ee5 v\u00e0 gi\u1ea3i ph\u00e1p nh\u1eb1m \u0111\u1ea3m b\u1ea3o an to\u00e0n h\u1ec7 th\u1ed1ng, \u0111\u1ed3ng th\u1eddi g\u00f3p ph\u1ea7n \u1ed5n \u0111\u1ecbnh th\u1ecb tr\u01b0\u1eddng ti\u1ec1n t\u1ec7.<\/p>\n

      C\u1ee5 th\u1ec3, c\u00e1c ng\u00e2n h\u00e0ng \u0111\u1ed3ng \u00fd:<\/p>\n

        \n
      • \u0110i\u1ec1u ch\u1ec9nh gi\u1ea3m l\u00e3i su\u1ea5t ti\u1ec1n g\u1eedi ni\u00eam y\u1ebft t\u1ed1i thi\u1ec3u 0,5%\/n\u0103m v\u1edbi k\u1ef3 h\u1ea1n t\u1eeb 6 th\u00e1ng tr\u1edf l\u00ean<\/li>\n
      • Kh\u00f4ng \u0111ua t\u0103ng l\u00e3i su\u1ea5t huy \u0111\u1ed9ng, kh\u00f4ng c\u1ea1nh tranh kh\u00f4ng l\u00e0nh m\u1ea1nh<\/li>\n
      • Gi\u1ea3m l\u00e3i su\u1ea5t cho vay, t\u1eadp trung v\u00e0o s\u1ea3n xu\u1ea5t kinh doanh v\u00e0 l\u0129nh v\u1ef1c \u01b0u ti\u00ean<\/li>\n
      • Th\u1ef1c hi\u1ec7n t\u0103ng tr\u01b0\u1edfng t\u00edn d\u1ee5ng an to\u00e0n, hi\u1ec7u qu\u1ea3<\/li>\n
      • H\u01b0\u1edbng v\u1ed1n v\u00e0o c\u00e1c ng\u00e0nh, l\u0129nh v\u1ef1c \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng<\/li>\n
      • Ki\u1ec3m so\u00e1t ch\u1eb7t ch\u1ebd t\u00edn d\u1ee5ng r\u1ee7i ro<\/li>\n
      • Kh\u00f4ng h\u1ea1 chu\u1ea9n cho vay, kh\u00f4ng \u0111\u00e1nh \u0111\u1ed5i ch\u1ea5t l\u01b0\u1ee3ng t\u00edn d\u1ee5ng<\/li>\n<\/ul>\n

        S\u1ef1 \u0111\u1ed3ng thu\u1eadn n\u00e0y cho th\u1ea5y h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng \u0111ang c\u00f9ng chia s\u1ebb m\u1ee5c ti\u00eau h\u1ed7 tr\u1ee3 n\u1ec1n kinh t\u1ebf trong giai \u0111o\u1ea1n c\u1ea7n th\u00eam \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng, nh\u01b0ng v\u1eabn gi\u1eef nguy\u00ean t\u1eafc an to\u00e0n l\u00e0 \u01b0u ti\u00ean h\u00e0ng \u0111\u1ea7u.<\/p>\n

        K\u1ebft lu\u1eadn<\/h2>\n

        Cu\u1ed9c h\u1ecdp s\u00e1ng 19\/10 do Th\u1ed1ng \u0111\u1ed1c NHNN Ph\u1ea1m \u0110\u1ee9c \u1ea4n ch\u1ee7 tr\u00ec cho th\u1ea5y \u0111\u1ecbnh h\u01b0\u1edbng \u0111i\u1ec1u h\u00e0nh ti\u1ec1n t\u1ec7 hi\u1ec7n nay l\u00e0 r\u1ea5t r\u00f5 r\u00e0ng: \u1ed5n \u0111\u1ecbnh v\u0129 m\u00f4, gi\u1eef an to\u00e0n h\u1ec7 th\u1ed1ng, ki\u1ec3m so\u00e1t l\u00e3i su\u1ea5t v\u00e0 th\u00fac \u0111\u1ea9y d\u00f2ng v\u1ed1n r\u1ebb h\u01a1n ch\u1ea3y v\u00e0o s\u1ea3n xu\u1ea5t kinh doanh. Trong b\u1ed1i c\u1ea3nh kinh t\u1ebf th\u1ebf gi\u1edbi c\u00f2n nhi\u1ec1u bi\u1ebfn \u0111\u1ed9ng, vi\u1ec7c c\u00e1c ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i \u0111\u1ed3ng thu\u1eadn gi\u1ea3m l\u00e3i su\u1ea5t v\u00e0 t\u0103ng c\u01b0\u1eddng k\u1ef7 lu\u1eadt t\u00edn d\u1ee5ng \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng s\u1ebd t\u1ea1o th\u00eam h\u1ed7 tr\u1ee3 thi\u1ebft th\u1ef1c cho doanh nghi\u1ec7p v\u00e0 n\u1ec1n kinh t\u1ebf Vi\u1ec7t Nam.<\/p>","protected":false},"excerpt":{"rendered":"

        S\u00e1ng 19\/10\/2026, t\u1ea1i tr\u1ee5 s\u1edf Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc (NHNN), m\u1ed9t cu\u1ed9c h\u1ecdp ng\u00e2n h\u00e0ng quan tr\u1ecdng \u0111\u00e3 di\u1ec5n ra d\u01b0\u1edbi s\u1ef1 ch\u1ee7 tr\u00ec c\u1ee7a Th\u1ed1ng \u0111\u1ed1c NHNN Ph\u1ea1m \u0110\u1ee9c \u1ea4n. \u0110\u00e2y l\u00e0 cu\u1ed9c l\u00e0m vi\u1ec7c thu h\u00fat s\u1ef1 ch\u00fa \u00fd l\u1edbn c\u1ee7a th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh, khi to\u00e0n b\u1ed9 l\u00e3nh \u0111\u1ea1o c\u1ea5p cao c\u1ee7a […]<\/p>\n","protected":false},"author":6,"featured_media":52130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_gspb_post_css":"","footnotes":""},"categories":[13],"tags":[4102,404,4099,1002,4098,1615,4103,4101,1519,4100],"class_list":["post-52129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc","tag-an-toan-he-thong-ngan-hang","tag-chinh-sach-tien-te","tag-cuoc-hop-ngan-hang","tag-lai-suat","tag-ngan-hang-thuong-mai","tag-nhnn","tag-pham-duc-an","tag-tang-truong-tin-dung","tag-thi-truong-tai-chinh","tag-thong-doc-nhnn"],"blocksy_meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/posts\/52129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/comments?post=52129"}],"version-history":[{"count":1,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/posts\/52129\/revisions"}],"predecessor-version":[{"id":52131,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/posts\/52129\/revisions\/52131"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/media\/52130"}],"wp:attachment":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/media?parent=52129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/categories?post=52129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/tags?post=52129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}