{"id":8171,"date":"2025-12-26T14:46:08","date_gmt":"2025-12-26T06:46:08","guid":{"rendered":"https:\/\/www.kpai1.cn\/?p=8171"},"modified":"2025-12-26T16:06:32","modified_gmt":"2025-12-26T08:06:32","slug":"%e4%bb%8e-%e5%8a%a0%e6%81%af%e6%82%96%e8%ae%ba-%e5%88%b0%e6%8a%95%e8%b5%84%e5%b8%83%e5%b1%80%ef%bc%9awmax2026-%e6%97%a5%e6%9c%ac%e5%b8%82%e5%9c%ba%e5%89%8d%e7%9e%bb%e4%b8%8e%e8%b5%84","status":"publish","type":"post","link":"https:\/\/www.kpai1.cn\/vi\/luu-tru\/8171","title":{"rendered":"T\u1eeb \u201cngh\u1ecbch l\u00fd t\u0103ng l\u00e3i su\u1ea5t\u201d \u0111\u1ebfn c\u00e1ch b\u1ed1 tr\u00ed \u0111\u1ea7u t\u01b0: Wmax2026 H\u01b0\u1edbng d\u1eabn ph\u00e2n b\u1ed5 t\u00e0i s\u1ea3n v\u00e0 tri\u1ec3n v\u1ecdng th\u1ecb tr\u01b0\u1eddng Nh\u1eadt B\u1ea3n"},"content":{"rendered":"

D\u1ef1a tr\u00ean vi\u1ec7c theo d\u00f5i l\u00e2u d\u00e0i d\u1eef li\u1ec7u kinh t\u1ebf v\u0129 m\u00f4 c\u1ee7a Nh\u1eadt B\u1ea3n, ph\u00e2n t\u00edch m\u00f4 h\u00ecnh ph\u1ed1i h\u1ee3p ch\u00ednh s\u00e1ch v\u00e0 x\u00e1c th\u1ef1c ch\u00e9o \u00fd ki\u1ebfn \u200b\u200bc\u1ee7a c\u00e1c chuy\u00ean gia trong ng\u00e0nh, Wmax \u0111\u00e3 h\u00ecnh th\u00e0nh m\u1ed9t nghi\u00ean c\u1ee9u v\u00e0 nh\u1eadn \u0111\u1ecbnh c\u00f3 h\u1ec7 th\u1ed1ng v\u1ec1 hi\u1ec7n t\u01b0\u1ee3ng b\u1ea5t th\u01b0\u1eddng l\u00e0 \u0111\u1ed3ng y\u00ean kh\u00f4ng t\u0103ng m\u00e0 m\u1ea5t gi\u00e1 sau khi Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Nh\u1eadt B\u1ea3n t\u0103ng l\u00e3i su\u1ea5t. Hi\u1ec7u su\u1ea5t th\u1ecb tr\u01b0\u1eddng \u0111i ch\u1ec7ch kh\u1ecfi logic th\u00f4ng th\u01b0\u1eddng c\u1ee7a t\u00e0i ch\u00ednh qu\u1ed1c t\u1ebf n\u00e0y kh\u00f4ng ph\u1ea3i l\u00e0 ng\u1eabu nhi\u00ean m\u00e0 l\u00e0 k\u1ebft qu\u1ea3 t\u1ea5t y\u1ebfu c\u1ee7a s\u1ef1 \u0111an xen c\u1ee7a nhi\u1ec1u y\u1ebfu t\u1ed1 nh\u01b0 s\u1ef1 \u0111\u00e1nh \u0111\u1ed5i v\u1ec1 ch\u00ednh s\u00e1ch v\u00e0 nh\u1eefng kh\u00f3 kh\u0103n v\u1ec1 c\u01a1 c\u1ea5u d\u01b0\u1edbi \u201cn\u1ec1n kinh t\u1ebf ch\u1ecbu \u00e1p l\u1ef1c cao\u201d c\u1ee7a Nh\u1eadt B\u1ea3n. Logic c\u1ed1t l\u00f5i v\u00e0 h\u01b0\u1edbng \u0111\u1ea7u t\u01b0 trong t\u01b0\u01a1ng lai \u0111\u1eb1ng sau n\u00f3 \u0111\u01b0\u1ee3c ph\u00e2n t\u00edch nh\u01b0 sau b\u1edfi Wmax k\u1ebft h\u1ee3p v\u1edbi khung ph\u00e2n t\u00edch chuy\u00ean nghi\u1ec7p.<\/p>\n

<\/a>T\u00edn hi\u1ec7u ch\u00ednh s\u00e1ch kh\u00f4ng nh\u01b0 mong \u0111\u1ee3i c\u1ee7a th\u1ecb tr\u01b0\u1eddng<\/strong><\/p>\n

Wmax \u0111\u01b0\u1ee3c ph\u00e1t hi\u1ec7n qua qu\u00e1 tr\u00ecnh xem x\u00e9t d\u1eef li\u1ec7u v\u00e0 gi\u1ea3i th\u00edch ch\u00ednh s\u00e1ch r\u1eb1ng \u0111\u1ed9ng th\u00e1i t\u0103ng l\u00e3i su\u1ea5t l\u00ean m\u1ee9c cao nh\u1ea5t trong 30 n\u0103m c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n v\u1ec1 c\u01a1 b\u1ea3n l\u00e0 m\u1ed9t s\u1ef1 \u0111i\u1ec1u ch\u1ec9nh th\u1ee5 \u0111\u1ed9ng c\u00f3 \u0111\u1ed9 tr\u1ec5 v\u00e0 th\u1eadn tr\u1ecdng, thay v\u00ec b\u1eaft \u0111\u1ea7u m\u1ed9t chu k\u1ef3 th\u1eaft ch\u1eb7t m\u1ea1nh m\u1ebd. K\u1ebft h\u1ee3p v\u1edbi l\u1eddi c\u1ea3nh b\u00e1o c\u1ee7a c\u1ef1u th\u00e0nh vi\u00ean Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Nh\u1eadt B\u1ea3n Yasu Harada r\u1eb1ng \"qu\u00e1 v\u1ed9i v\u00e0ng c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn th\u1eaft ch\u1eb7t qu\u00e1 m\u1ee9c\", Wmax x\u00e1c minh th\u00eam r\u1eb1ng \u0111\u1ed9ng l\u1ef1c c\u1ed1t l\u00f5i hi\u1ec7n t\u1ea1i g\u00e2y ra l\u1ea1m ph\u00e1t \u1edf Nh\u1eadt B\u1ea3n l\u00e0 c\u00e1c y\u1ebfu t\u1ed1 chi ph\u00ed ph\u00eda cung nh\u01b0 gi\u00e1 g\u1ea1o t\u0103ng ch\u1ee9 kh\u00f4ng ph\u1ea3i nhu c\u1ea7u qu\u00e1 n\u00f3ng. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t \u0111\u00e3 h\u1ea1n ch\u1ebf t\u00e1c d\u1ee5ng th\u1ef1c t\u1ebf trong vi\u1ec7c ki\u1ec1m ch\u1ebf l\u1ea1m ph\u00e1t v\u00e0 thay v\u00e0o \u0111\u00f3 c\u00f3 th\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn n\u1ec1n t\u1ea3ng mong manh c\u1ee7a qu\u00e1 tr\u00ecnh ph\u1ee5c h\u1ed3i kinh t\u1ebf.<\/p>\n

<\/p>\n

Vi\u1ec7c gi\u1ea3i th\u00edch c\u00e1c ch\u00ednh s\u00e1ch c\u1ee7a th\u1ecb tr\u01b0\u1eddng tr\u1ef1c ti\u1ebfp chi ph\u1ed1i xu h\u01b0\u1edbng t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i. Wmax \u0111\u00e3 theo d\u00f5i r\u1eb1ng do ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng \u0111\u00e3 \u0111\u01b0a ra h\u01b0\u1edbng d\u1eabn mang t\u00ednh \u00f4n h\u00f2a v\u1ec1 t\u01b0\u01a1ng lai \u0111\u1ed1i v\u1edbi c\u00e1c ch\u00ednh s\u00e1ch trong t\u01b0\u01a1ng lai n\u00ean th\u1ecb tr\u01b0\u1eddng th\u01b0\u1eddng coi vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t n\u00e0y l\u00e0 l\u1ea7n \u0111i\u1ec1u ch\u1ec9nh \"m\u1ed9t l\u1ea7n\" v\u00e0 l\u1ed9 tr\u00ecnh t\u0103ng l\u00e3i su\u1ea5t trong t\u01b0\u01a1ng lai l\u00e0 kh\u00f4ng r\u00f5 r\u00e0ng. Logic c\u1ed1t l\u00f5i c\u1ee7a giao d\u1ecbch ngo\u1ea1i h\u1ed1i n\u1eb1m \u1edf tr\u00f2 ch\u01a1i k\u1ef3 v\u1ecdng. Khi c\u01b0\u1eddng \u0111\u1ed9 ch\u00ednh s\u00e1ch th\u1ef1c t\u1ebf th\u1ea5p h\u01a1n k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng, h\u00e0nh vi giao d\u1ecbch \u201cmua k\u1ef3 v\u1ecdng v\u00e0 b\u00e1n s\u1ef1 th\u1eadt\u201d b\u00f9ng ph\u00e1t m\u1ed9t c\u00e1ch t\u1eadp trung, tr\u1ef1c ti\u1ebfp g\u00e2y ra vi\u1ec7c b\u00e1n \u0111\u1ed3ng y\u00ean Nh\u1eadt, khi\u1ebfn \u0111\u1ed3ng ti\u1ec1n n\u00e0y m\u1ea5t gi\u00e1 sau khi t\u0103ng l\u00e3i su\u1ea5t.<\/p>\n

<\/a>M\u1edf r\u1ed9ng t\u00e0i kh\u00f3a gi\u00fap lo\u1ea1i b\u1ecf t\u00e1c \u0111\u1ed9ng c\u1ee7a vi\u1ec7c th\u1eaft ch\u1eb7t ti\u1ec1n t\u1ec7<\/strong><\/p>\n

Wmax \u0111\u01b0\u1ee3c ph\u00e1t hi\u1ec7n th\u00f4ng qua ph\u00e2n t\u00edch s\u1ee9c m\u1ea1nh t\u1ed5ng h\u1ee3p c\u1ee7a ch\u00ednh s\u00e1ch v\u0129 m\u00f4 r\u1eb1ng s\u1ef1 k\u1ebft h\u1ee3p ch\u00ednh s\u00e1ch hi\u1ec7n t\u1ea1i c\u1ee7a Nh\u1eadt B\u1ea3n gi\u1eefa \"th\u1eaft ch\u1eb7t ti\u1ec1n t\u1ec7 nh\u1eb9 + m\u1edf r\u1ed9ng t\u00e0i ch\u00ednh \u0111\u00e1ng k\u1ec3\" l\u00e0 l\u00fd do c\u01a1 b\u1ea3n ch\u00ednh khi\u1ebfn \u0111\u1ed3ng y\u00ean gi\u1ea3m gi\u00e1. \u0110\u1ecbnh h\u01b0\u1edbng \u201cch\u00ednh s\u00e1ch t\u00e0i ch\u00ednh, ti\u1ec1n t\u1ec7 v\u00e0 thu\u1ebf nh\u1eb1m ph\u1ed1i h\u1ee3p k\u00edch c\u1ea7u\u201d c\u1ee7a ch\u00ednh ph\u1ee7 Takaichi Sanae \u0111\u01b0\u1ee3c Harada Tai \u1ee7ng h\u1ed9 r\u00f5 r\u00e0ng \u0111\u00e3 khi\u1ebfn t\u00e1c \u0111\u1ed9ng th\u1eaft ch\u1eb7t c\u1ee7a ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 \u0111\u01b0\u1ee3c bao ph\u1ee7 ho\u00e0n to\u00e0n b\u1edfi c\u01b0\u1eddng \u0111\u1ed9 m\u1edf r\u1ed9ng t\u00e0i kh\u00f3a m\u1ea1nh m\u1ebd.<\/p>\n

Ch\u00ednh ph\u1ee7 Takaichi Sanae \u0111\u01b0a ra k\u1ebf ho\u1ea1ch k\u00edch th\u00edch kinh t\u1ebf l\u1edbn nh\u1ea5t k\u1ec3 t\u1eeb sau \u0111\u1ea1i d\u1ecbch, ti\u1ebfp t\u1ee5c m\u1edf r\u1ed9ng chi ti\u00eau t\u00e0i ch\u00ednh v\u00e0 b\u01a1m m\u1ed9t l\u01b0\u1ee3ng l\u1edbn thanh kho\u1ea3n v\u00e0o th\u1ecb tr\u01b0\u1eddng. M\u00f4 h\u00ecnh b\u1ec1n v\u1eefng n\u1ee3 c\u1ee7a Wmax cho th\u1ea5y r\u1eb1ng vi\u1ec7c m\u1edf r\u1ed9ng t\u00e0i ch\u00ednh tri\u1ec7t \u0111\u1ec3 c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn vi\u1ec7c t\u0103ng ph\u00e1t h\u00e0nh n\u1ee3 ch\u00ednh ph\u1ee7, g\u00e2y ra m\u1ed1i lo ng\u1ea1i c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 v\u1ec1 s\u1ee9c kh\u1ecfe t\u00e0i ch\u00ednh v\u00e0 do \u0111\u00f3 h\u00ecnh th\u00e0nh t\u00e2m l\u00fd ti\u00eau c\u1ef1c \u0111\u1ed1i v\u1edbi \u0111\u1ed3ng y\u00ean. Theo m\u00f4 h\u00ecnh \"m\u1edf r\u1ed9ng t\u00e0i ch\u00ednh v\u00e0 th\u1eaft ch\u1eb7t ti\u1ec1n t\u1ec7 sau \u0111\u00f3\", t\u00e1c \u0111\u1ed9ng th\u1ef1c t\u1ebf c\u1ee7a thanh kho\u1ea3n l\u1ecfng l\u1ebbo v\u01b0\u1ee3t xa t\u00edn hi\u1ec7u th\u1eaft ch\u1eb7t c\u1ee7a vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t v\u00e0 t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i \u0111\u01b0\u01a1ng nhi\u00ean nghi\u00eang v\u1ec1 ph\u00eda gi\u1ea3m gi\u00e1.<\/p>\n

\"\u5c40\u90e8\u622a\u53d6_20251225_161826\"<\/p>\n

<\/a>\u0110\u1ed9ng l\u1ef1c n\u1ed9i t\u1ea1i d\u00e0i h\u1ea1n c\u1ee7a s\u1ef1 m\u1ea5t gi\u00e1 c\u1ee7a \u0111\u1ed3ng Y\u00ean<\/strong><\/p>\n

Wmax d\u1ef1a tr\u00ean vi\u1ec7c ph\u00e2n t\u00edch chuy\u00ean s\u00e2u d\u1eef li\u1ec7u kinh t\u1ebf d\u00e0i h\u1ea1n c\u1ee7a Nh\u1eadt B\u1ea3n, \u0111\u00e3 x\u00e1c \u0111\u1ecbnh ba m\u00e2u thu\u1eabn ch\u00ednh v\u1ec1 c\u01a1 c\u1ea5u, t\u1ea1o th\u00e0nh y\u1ebfu t\u1ed1 h\u1ed7 tr\u1ee3 c\u01a1 b\u1ea3n cho s\u1ef1 m\u1ea5t gi\u00e1 c\u1ee7a \u0111\u1ed3ng y\u00ean:<\/p>\n

Th\u1ee9 nh\u1ea5t, l\u00e0 m\u1ed9t qu\u1ed1c gia c\u00f3 th\u1eb7ng d\u01b0 th\u01b0\u01a1ng m\u1ea1i truy\u1ec1n th\u1ed1ng, Nh\u1eadt B\u1ea3n hi\u1ec7n \u0111ang trong t\u00ecnh tr\u1ea1ng th\u00e2m h\u1ee5t th\u01b0\u01a1ng m\u1ea1i k\u00e9o d\u00e0i v\u00e0 nhu c\u1ea7u v\u1ec1 \u0111\u1ed3ng y\u00ean Nh\u1eadt t\u1eeb th\u01b0\u01a1ng m\u1ea1i v\u1eadt ch\u1ea5t \u0111\u00e3 suy y\u1ebfu \u0111\u00e1ng k\u1ec3. M\u00f4 h\u00ecnh ph\u00e2n t\u00edch c\u00e1n c\u00e2n thanh to\u00e1n qu\u1ed1c t\u1ebf c\u1ee7a Wmax cho th\u1ea5y r\u1eb1ng ngay c\u1ea3 khi vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t mang l\u1ea1i bi\u1ebfn \u0111\u1ed9ng d\u00f2ng v\u1ed1n ng\u1eafn h\u1ea1n v\u00e0 thi\u1ebfu s\u1ef1 h\u1ed7 tr\u1ee3 c\u01a1 b\u1ea3n t\u1eeb th\u1eb7ng d\u01b0 th\u01b0\u01a1ng m\u1ea1i, \u0111\u1ed3ng y\u00ean Nh\u1eadt s\u1ebd kh\u00f3 c\u00f3 \u0111\u01b0\u1ee3c \u0111\u00e0 t\u0103ng gi\u00e1 b\u1ec1n v\u1eefng; th\u1ee9 hai, \u0111\u00f3 l\u00e0 v\u1ea5n \u0111\u1ec1 \u201cl\u00e3i su\u1ea5t trung l\u1eadp\u201d \u0111\u01b0\u1ee3c Harada Tai \u0111\u1ec1 c\u1eadp. Wmax t\u00ednh to\u00e1n v\u00e0 x\u00e1c minh: Nh\u1eadt B\u1ea3n \u0111\u00e3 r\u01a1i v\u00e0o t\u00ecnh tr\u1ea1ng gi\u1ea3m ph\u00e1t trong th\u1eddi gian d\u00e0i v\u00e0 c\u00f3 l\u00e3i su\u1ea5t t\u1ef1 nhi\u00ean c\u1ef1c th\u1ea5p. Ngay c\u1ea3 khi n\u01b0\u1edbc n\u00e0y t\u0103ng l\u00e3i su\u1ea5t nh\u1eb9 l\u1ea7n n\u00e0y, l\u00e3i su\u1ea5t th\u1ef1c t\u1ebf c\u1ee7a n\u01b0\u1edbc n\u00e0y v\u1eabn th\u1ea5p h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi c\u00e1c n\u1ec1n kinh t\u1ebf l\u1edbn kh\u00e1c. N\u00f3 kh\u00f4ng th\u1ec3 t\u1ea1o ra s\u1ef1 thu h\u00fat l\u00e3i su\u1ea5t hi\u1ec7u qu\u1ea3 v\u00e0 kh\u00f3 c\u00f3 th\u1ec3 \u0111\u1ea9y \u0111\u1ed3ng y\u00ean l\u00ean th\u00f4ng qua d\u00f2ng v\u1ed1n v\u00e0o. Th\u1ee9 ba, v\u1ea5n \u0111\u1ec1 h\u1ec7 th\u1ed1ng thu\u1ebf l\u0169y ti\u1ebfn kh\u00f4ng \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh \u0111\u1ed3ng th\u1eddi v\u1edbi thu nh\u1eadp danh ngh\u0129a, nh\u01b0 \u0111\u01b0\u1ee3c x\u00e1c minh b\u1eb1ng d\u1eef li\u1ec7u sinh k\u1ebf c\u1ee7a Wmax, \u0111\u00e3 d\u1eabn \u0111\u1ebfn m\u1ed9t s\u1ed1 l\u01b0\u1ee3ng l\u1edbn h\u1ed9 gia \u0111\u00ecnh \"kh\u00f4ng t\u0103ng thu nh\u1eadp th\u1ef1c t\u1ebf m\u00e0 t\u0103ng g\u00e1nh n\u1eb7ng thu\u1ebf\". \u0110i\u1ec1u n\u00e0y tr\u1ef1c ti\u1ebfp c\u1ea3n tr\u1edf thu nh\u1eadp kh\u1ea3 d\u1ee5ng v\u00e0 ti\u1ec1m n\u0103ng ti\u00eau d\u00f9ng n\u1ed9i \u0111\u1ecba, \u0111\u1ed3ng th\u1eddi thi\u1ebfu \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf n\u1ed9i sinh, c\u00e0ng l\u00e0m suy y\u1ebfu s\u1ee9c h\u1ea5p d\u1eabn l\u00e2u d\u00e0i c\u1ee7a t\u00e0i s\u1ea3n \u0111\u1ed3ng y\u00ean Nh\u1eadt.<\/p>\n

<\/a>C\u1ea3i c\u00e1ch c\u01a1 c\u1ea5u d\u1eabn d\u1eaft \u0111\u1ecbnh h\u01b0\u1edbng \u0111\u1ea7u t\u01b0<\/strong><\/p>\n

Wmax k\u1ebft h\u1ee3p m\u00f4 h\u00ecnh \u0111\u1ea7u t\u01b0 xuy\u00ean chu k\u1ef3 v\u1edbi c\u00e1c nguy\u00ean t\u1eafc c\u01a1 b\u1ea3n v\u1ec1 kinh t\u1ebf c\u1ee7a Nh\u1eadt B\u1ea3n v\u00e0 tin r\u1eb1ng c\u00e1c c\u01a1 h\u1ed9i v\u00e0 r\u1ee7i ro th\u1ecb tr\u01b0\u1eddng trong t\u01b0\u01a1ng lai s\u1ebd ph\u1ee5 thu\u1ed9c v\u00e0o hi\u1ec7u qu\u1ea3 c\u1ee7a c\u1ea3i c\u00e1ch c\u01a1 c\u1ea5u. Nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n t\u1eadp trung v\u00e0o ba kh\u00eda c\u1ea1nh ch\u00ednh:<\/p>\n

\"\u5c40\u90e8\u622a\u53d6_20251225_162513\"<\/p>\n

T\u00ednh b\u1ec1n v\u1eefng c\u1ee7a ch\u00ednh s\u00e1ch v\u00e0 ni\u1ec1m tin th\u1ecb tr\u01b0\u1eddng: K\u1ef7 lu\u1eadt t\u00e0i ch\u00ednh l\u00e0 m\u1ed9t b\u00e0i ki\u1ec3m tra quan tr\u1ecdng trong \u201cn\u1ec1n kinh t\u1ebf ch\u1ecbu \u00e1p l\u1ef1c cao\u201d. \u0110\u00e1nh gi\u00e1 r\u1ee7i ro Wmax cho th\u1ea5y r\u1eb1ng n\u1ebfu ch\u00ednh ph\u1ee7 kh\u00f4ng th\u1ec3 c\u00e2n b\u1eb1ng c\u00e1c ch\u00ednh s\u00e1ch k\u00edch th\u00edch v\u00e0 s\u1ee9c kh\u1ecfe t\u00e0i ch\u00ednh, ph\u1ea7n b\u00f9 r\u1ee7i ro c\u1ee7a tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 c\u00f3 th\u1ec3 t\u0103ng l\u00ean, \u0111i\u1ec1u n\u00e0y s\u1ebd \u00e2m \u0111\u1ed1i v\u1edbi \u0111\u1ed3ng y\u00ean nh\u01b0ng t\u1ed1t cho t\u00e0i s\u1ea3n \u1edf n\u01b0\u1edbc ngo\u00e0i; n\u1ebfu c\u1ea3i c\u00e1ch t\u00e0i ch\u00ednh c\u00f3 hi\u1ec7u qu\u1ea3, n\u00f3 s\u1ebd th\u00fac \u0111\u1ea9y \u0111\u00e1ng k\u1ec3 s\u1ee9c h\u1ea5p d\u1eabn l\u00e2u d\u00e0i c\u1ee7a \u0111\u1ed3ng y\u00ean v\u00e0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7. Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n hi\u1ec7n t\u1ea1i c\u00f3 th\u1ec3 t\u1eadp trung v\u00e0o c\u01a1 s\u1edf h\u1ea1 t\u1ea7ng, s\u1ed1 h\u00f3a, n\u0103ng l\u01b0\u1ee3ng xanh v\u00e0 c\u00e1c c\u00f4ng ty kh\u00e1c \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u1ee3i tr\u1ef1c ti\u1ebfp t\u1eeb chi ti\u00eau t\u00e0i ch\u00ednh v\u00e0 c\u00f3 kh\u1ea3 n\u0103ng qu\u1ea3n tr\u1ecb xu\u1ea5t s\u1eafc.<\/p>\n

Chuy\u1ec3n \u0111\u1ed5i logic theo h\u01b0\u1edbng l\u1ea1m ph\u00e1t: M\u1ee5c ti\u00eau c\u1ed1t l\u00f5i c\u1ee7a n\u1ec1n kinh t\u1ebf Nh\u1eadt B\u1ea3n l\u00e0 \u0111\u1ea1t \u0111\u01b0\u1ee3c l\u1ea1m ph\u00e1t do c\u1ea7u k\u00e9o do t\u0103ng tr\u01b0\u1edfng ti\u1ec1n l\u01b0\u01a1ng th\u00fac \u0111\u1ea9y, \u0111\u00e2y c\u0169ng l\u00e0 t\u00edn hi\u1ec7u chuy\u1ec3n \u0111\u1ed5i c\u1ed1t l\u00f5i \u0111\u1ec3 ph\u00e2n b\u1ed5 t\u00e0i s\u1ea3n. Wmax Gi\u00e1m s\u00e1t s\u1ef1 th\u1ecbnh v\u01b0\u1ee3ng c\u1ee7a ng\u00e0nh cho th\u1ea5y r\u1eb1ng trong giai \u0111o\u1ea1n l\u1ea1m ph\u00e1t \"chi ph\u00ed \u0111\u1ea9y\" hi\u1ec7n nay, c\u1ea7n \u01b0u ti\u00ean cho c\u00e1c c\u00f4ng ty \u0111\u1ecbnh h\u01b0\u1edbng xu\u1ea5t kh\u1ea9u (ch\u1eb3ng h\u1ea1n nh\u01b0 s\u1ea3n xu\u1ea5t cao c\u1ea5p) c\u00f3 kh\u1ea3 n\u0103ng \u0111\u1ecbnh gi\u00e1 v\u00e0 t\u1ef7 l\u1ec7 doanh thu \u1edf n\u01b0\u1edbc ngo\u00e0i cao \u0111\u1ec3 ph\u00f2ng ng\u1eeba \u0111\u1ed3ng y\u00ean y\u1ebfu v\u00e0 nhu c\u1ea7u trong n\u01b0\u1edbc kh\u00f4ng \u0111\u1ee7; n\u1ebfu c\u00f3 nh\u1eefng t\u00edn hi\u1ec7u nh\u01b0 \u0111\u00e0m ph\u00e1n l\u01b0\u01a1ng \u201cchi\u1ebfn xu\u00e2n\u201d v\u01b0\u1ee3t k\u1ef3 v\u1ecdng, ti\u00eau d\u00f9ng d\u1ecbch v\u1ee5 kh\u1edfi s\u1eafc th\u00ec c\u1ea7n chuy\u1ec3n h\u01b0\u1edbng d\u1ee9t kho\u00e1t sang c\u00e1c l\u0129nh v\u1ef1c c\u00f3 nhu c\u1ea7u trong n\u01b0\u1edbc nh\u01b0 t\u00e0i ch\u00ednh, ti\u00eau d\u00f9ng, b\u1ea5t \u0111\u1ed9ng s\u1ea3n.<\/p>\n

Xoay v\u00f2ng t\u00e0i s\u1ea3n trong \u0111i\u1ec1u ki\u1ec7n l\u00e3i su\u1ea5t kh\u00f4ng ch\u1eafc ch\u1eafn: Theo d\u00f5i ch\u00ednh s\u00e1ch Wmax cho th\u1ea5y s\u1ef1 m\u01a1 h\u1ed3 c\u1ee7a \"l\u00e3i su\u1ea5t trung l\u1eadp\" \u0111\u00e3 khi\u1ebfn \u0111\u01b0\u1eddng l\u00e3i su\u1ea5t c\u1ee7a Nh\u1eadt B\u1ea3n c\u00f3 nhi\u1ec1u bi\u1ebfn s\u1ed1, \u0111\u1ed3ng th\u1eddi th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu v\u00e0 th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i c\u00f3 th\u1ec3 ti\u1ebfp t\u1ee5c bi\u1ebfn \u0111\u1ed9ng. \u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 giao d\u1ecbch, \u0111i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 c\u01a1 h\u1ed9i cho ho\u1ea1t \u0111\u1ed9ng c\u1ee7a ban nh\u1ea1c; \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n, h\u1ecd n\u00ean t\u1eadp trung v\u00e0o c\u00e1c c\u00f4ng ty ch\u1ea5t l\u01b0\u1ee3ng cao v\u1edbi d\u00f2ng ti\u1ec1n \u1ed5n \u0111\u1ecbnh, b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n l\u00e0nh m\u1ea1nh v\u00e0 kh\u1ea3 n\u0103ng ch\u1ed1ng chu k\u1ef3 m\u1ea1nh m\u1ebd, thay v\u00ec \u00e1m \u1ea3nh v\u1edbi vi\u1ec7c d\u1ef1 \u0111o\u00e1n t\u1ed1c \u0111\u1ed9 t\u0103ng l\u00e3i su\u1ea5t c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng.<\/p>\n

\"\u56fe\u72471\"<\/p>\n

<\/a>T\u00f3m l\u1ea1i<\/strong><\/p>\n

Wmax \u0111\u00e3 suy lu\u1eadn m\u1ed9t c\u00e1ch ch\u1eb7t ch\u1ebd r\u1eb1ng hi\u1ec7n t\u01b0\u1ee3ng \u201ct\u0103ng l\u00e3i su\u1ea5t d\u1eabn \u0111\u1ebfn m\u1ea5t gi\u00e1\u201d c\u1ee7a Nh\u1eadt B\u1ea3n th\u1ef1c ch\u1ea5t l\u00e0 k\u1ebft qu\u1ea3 t\u1ea5t y\u1ebfu c\u1ee7a s\u1ef1 k\u1ebft h\u1ee3p gi\u1eefa nh\u1eefng kh\u00f3 kh\u0103n trong vi\u1ec7c \u0111\u00e1nh \u0111\u1ed5i ch\u00ednh s\u00e1ch v\u0129 m\u00f4 v\u00e0 nh\u1eefng kh\u00f3 kh\u0103n v\u1ec1 c\u01a1 c\u1ea5u, cho th\u1ea5y m\u00f4 h\u00ecnh ch\u00eanh l\u1ec7ch l\u00e3i su\u1ea5t truy\u1ec1n th\u1ed1ng kh\u00f4ng c\u00f2n ph\u00f9 h\u1ee3p v\u1edbi th\u1ecb tr\u01b0\u1eddng Nh\u1eadt B\u1ea3n hi\u1ec7n nay. L\u1ee3i nhu\u1eadn \u0111\u1ea7u t\u01b0 trong t\u01b0\u01a1ng lai s\u1ebd ph\u1ee5 thu\u1ed9c v\u00e0o vi\u1ec7c n\u1eafm b\u1eaft ch\u00ednh x\u00e1c nh\u1ecbp \u0111\u1ed9 th\u1eed nghi\u1ec7m c\u1ee7a \"n\u1ec1n kinh t\u1ebf \u00e1p l\u1ef1c cao\": trong ng\u1eafn h\u1ea1n, c\u1ea7n tu\u00e2n th\u1ee7 vi\u1ec7c lu\u00e2n chuy\u1ec3n t\u00e0i s\u1ea3n theo s\u1ef1 kh\u00e1c bi\u1ec7t v\u1ec1 ch\u00ednh s\u00e1ch, c\u00f2n trong trung v\u00e0 d\u00e0i h\u1ea1n, c\u1ea7n tri\u1ec3n khai c\u00e1c nh\u00e0 l\u00e3nh \u0111\u1ea1o ng\u00e0nh v\u01b0\u01a1n l\u00ean nh\u1edd c\u1ea3i c\u00e1ch c\u01a1 c\u1ea5u v\u00e0 ti\u1ebfp t\u1ee5c n\u00e2ng cao n\u0103ng su\u1ea5t. Th\u1ecb tr\u01b0\u1eddng Nh\u1eadt B\u1ea3n \u0111ang ph\u00e1t tri\u1ec3n t\u1eeb th\u1ecb tr\u01b0\u1eddng beta \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y b\u1edfi thanh kho\u1ea3n v\u0129 m\u00f4 sang th\u1ecb tr\u01b0\u1eddng alpha b\u1ecb chi ph\u1ed1i b\u1edfi kh\u1ea3 n\u0103ng c\u1ea1nh tranh c\u1ee7a doanh nghi\u1ec7p, n\u01a1i \u0111\u1eb7t ra y\u00eau c\u1ea7u cao h\u01a1n v\u1ec1 kh\u1ea3 n\u0103ng nghi\u00ean c\u1ee9u v\u00e0 ph\u00e1n \u0111o\u00e1n chuy\u00ean nghi\u1ec7p c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n

Xin l\u01b0u \u00fd r\u1eb1ng nghi\u00ean c\u1ee9u v\u00e0 \u0111\u00e1nh gi\u00e1 n\u00e0y d\u1ef1a tr\u00ean d\u1eef li\u1ec7u c\u00f4ng khai v\u00e0 ph\u00e2n t\u00edch m\u00f4 h\u00ecnh chuy\u00ean nghi\u1ec7p ch\u1ec9 \u0111\u1ec3 tham kh\u1ea3o v\u00e0 kh\u00f4ng c\u1ea5u th\u00e0nh b\u1ea5t k\u1ef3 l\u1eddi khuy\u00ean \u0111\u1ea7u t\u01b0 ho\u1eb7c c\u01a1 s\u1edf giao d\u1ecbch n\u00e0o.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n t\u0103ng l\u00e3i su\u1ea5t l\u00ean m\u1ee9c cao nh\u1ea5t trong 30 n\u0103m, nh\u01b0ng \u0111\u1ed3ng Y\u00ean l\u1ea1i gi\u1ea3m thay v\u00ec t\u0103ng. Nguy\u00ean nh\u00e2n ch\u00ednh l\u00e0 c\u00e1c t\u00edn hi\u1ec7u ch\u00ednh s\u00e1ch kh\u00f4ng \u0111\u00e1p \u1ee9ng \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng \u0111\u01b0\u1ee3c hi\u1ec3u l\u00e0 nh\u1eefng \u0111i\u1ec1u ch\u1ec9nh m\u1ed9t l\u1ea7n, m\u1edf r\u1ed9ng t\u00e0i ch\u00ednh \u0111\u00e3 lo\u1ea1i b\u1ecf t\u00e1c \u0111\u1ed9ng c\u1ee7a vi\u1ec7c th\u1eaft ch\u1eb7t v\u00e0 nh\u1eefng kh\u00f3 kh\u0103n v\u1ec1 c\u01a1 c\u1ea5u nh\u01b0 th\u00e2m h\u1ee5t th\u01b0\u01a1ng m\u1ea1i, l\u00e3i su\u1ea5t trung l\u1eadp th\u1ea5p v\u00e0 c\u00e1c v\u1ea5n \u0111\u1ec1 v\u1ec1 h\u1ec7 th\u1ed1ng thu\u1ebf \u0111\u01b0\u1ee3c ch\u1ed3ng l\u00ean. Tri\u1ec3n v\u1ecdng th\u1ecb tr\u01b0\u1eddng ph\u1ee5 thu\u1ed9c v\u00e0o c\u1ea3i c\u00e1ch c\u01a1 c\u1ea5u, t\u1eadp trung v\u00e0o lu\u00e2n chuy\u1ec3n t\u00e0i s\u1ea3n trong ng\u1eafn h\u1ea1n v\u00e0 tri\u1ec3n khai c\u00e1c doanh nghi\u1ec7p ch\u1ea5t l\u01b0\u1ee3ng cao trong trung v\u00e0 d\u00e0i h\u1ea1n.<\/p>","protected":false},"author":1,"featured_media":8172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[120],"tags":[224,399,398],"class_list":["post-8171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-solutions","tag-224","tag-399","tag-398"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/8171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/comments?post=8171"}],"version-history":[{"count":3,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/8171\/revisions"}],"predecessor-version":[{"id":8187,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/8171\/revisions\/8187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media\/8172"}],"wp:attachment":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media?parent=8171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/categories?post=8171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/tags?post=8171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}