{"id":30632,"date":"2023-12-07T09:39:20","date_gmt":"2023-12-07T09:39:20","guid":{"rendered":"https:\/\/masterskills.org\/blog\/xep-hang-tin-dung-nha-nuoc-government-credit-rating-la-gi-dac-diem-va-vi-du.html"},"modified":"2023-12-23T06:13:59","modified_gmt":"2023-12-22T23:13:59","slug":"xep-hang-tin-dung-nha-nuoc-government-credit-rating-la-gi-dac-diem-va-vi-du","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/xep-hang-tin-dung-nha-nuoc-government-credit-rating-la-gi-dac-diem-va-vi-du.html","title":{"rendered":"X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc (Government Credit Rating) l\u00e0 g\u00ec? \u0110\u1eb7c \u0111i\u1ec3m v\u00e0 v\u00ed d\u1ee5"},"content":{"rendered":"
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Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Wikipedia.com<\/p>\n<\/div>\n<\/div>\n

X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc<\/span><\/font><\/h2>\n

Kha\u0301i ni\u00ea\u0323m<\/b><\/p>\n

X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc<\/span><\/b> trong ti\u00ea\u0301ng Anh la\u0300\u00a0Government Credit Rating <\/b>hay Sovereign Credit Rating.<\/b><\/p>\n

X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc<\/span><\/b> l\u00e0 m\u1ed9t b\u1ea3ng \u0111\u00e1nh gi\u00e1 m\u1ee9c uy t\u00edn t\u00edn d\u1ee5ng c\u1ee7a m\u1ed9t qu\u1ed1c gia ho\u1eb7c m\u1ed9t ch\u1ee7 th\u1ec3 c\u00f3 ch\u1ee7 quy\u1ec1n.<\/p>\n

X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc<\/span> cung c\u1ea5p cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1i nh\u00ecn s\u00e2u s\u1eafc v\u1ec1 m\u1ee9c r\u1ee7i ro \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c c\u00f4ng c\u1ee5 n\u1ee3 c\u1ee7a m\u1ed9t qu\u1ed1c gia c\u1ee5 th\u1ec3, m\u1ee9c r\u1ee7i ro n\u00e0y bao h\u00e0m t\u1ea5t c\u1ea3 c\u00e1c lo\u1ea1i r\u1ee7i ro ch\u00ednh tr\u1ecb. \u00a0<\/p>\n

T\u1ed5 ch\u1ee9c x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng s\u1ebd \u0111\u00e1nh gi\u00e1 m\u00f4i tr\u01b0\u1eddng kinh t\u1ebf v\u00e0 ch\u00ednh tr\u1ecb c\u1ee7a m\u1ed9t qu\u1ed1c gia \u0111\u1ec3 x\u1ebfp h\u1ea1ng uy t\u00edn qu\u1ed1c gia \u0111\u00f3.\u00a0<\/p>\n

X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc<\/span> \u0111\u1ee7 cao l\u00e0 \u0111i\u1ec1u ki\u1ec7n c\u1ea7n \u0111\u1ec3 c\u00e1c n\u01b0\u1edbc \u0111ang ph\u00e1t tri\u1ec3n ti\u1ebfp c\u1eadn \u0111\u01b0\u1ee3c ngu\u1ed3n v\u1ed1n tr\u00ean th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu qu\u1ed1c t\u1ebf ch\u00ednh ph\u1ee7. \u00a0 \u00a0 \u00a0\u00a0<\/i><\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc<\/span>\u00a0<\/font><\/h3>\n

Ngo\u00e0i vi\u1ec7c ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu tr\u00ean th\u1ecb tr\u01b0\u1eddng n\u1ee3 n\u01b0\u1edbc ngo\u00e0i, \u0111\u1ed9ng l\u1ef1c kh\u00e1c c\u1ee7a c\u00e1c qu\u1ed1c gia mu\u1ed1n x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc<\/span> <\/b>c\u1ee7a h\u1ecd cao l\u00e0 \u0111\u1ec3 thu h\u00fat ngu\u1ed3n\u00a0v\u1ed1n \u0111\u1ea7u t\u01b0 tr\u1ef1c ti\u1ebfp n\u01b0\u1edbc ngo\u00e0i\u00a0(FDI)<\/i>.\u00a0<\/p>\n

B\u1ea3ng x\u1ebfp h\u1ea1ng uy t\u00edn qu\u1ed1c gia t\u1eeb c\u00e1c t\u1ed5 ch\u1ee9c x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng l\u1edbn nh\u1ea5t nh\u01b0 c\u00e1c b\u1ea3ng x\u1ebfp h\u1ea1ng c\u1ee7a Standard & Poor, Moody v\u00e0 Fitch c\u00f3 th\u1ec3 l\u00e0m t\u0103ng ni\u1ec1m tin c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e1ng k\u1ec3. \u00a0 \u00a0 \u00a0\u00a0<\/i><\/p>\n

C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng b\u1ea3ng X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc<\/span> \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 r\u1ee7i ro tr\u00e1i phi\u1ebfu c\u1ee7a m\u1ed9t qu\u1ed1c gia.\u00a0<\/p>\n

R\u1ee7i ro t\u00edn d\u1ee5ng ch\u1ee7 quy\u1ec1n \u0111\u01b0\u1ee3c bi\u1ec3u di\u1ec5n tr\u00ean b\u1ea3ng X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc<\/span>, th\u1ec3 hi\u1ec7n kh\u1ea3 n\u0103ng c\u00e1c ch\u00ednh ph\u1ee7 kh\u00f4ng th\u1ec3 \u0111\u00e1p \u1ee9ng \u0111\u01b0\u1ee3c c\u00e1c ngh\u0129a v\u1ee5 n\u1ee3 trong t\u01b0\u01a1ng lai.\u00a0 <\/p>\n

M\u1ed9t s\u1ed1 y\u1ebfu t\u1ed1 ch\u00ednh quy\u1ebft \u0111\u1ecbnh m\u1ee9c r\u1ee7i ro \u0111\u1ea7u t\u01b0 v\u00e0o m\u1ed9t qu\u1ed1c gia ho\u1eb7c khu v\u1ef1c c\u1ee5 th\u1ec3 l\u00e0 t\u1ec9 l\u1ec7 thanh to\u00e1n n\u1ee3, m\u1ee9c t\u0103ng tr\u01b0\u1edfng cung ti\u1ec1n n\u1ed9i \u0111\u1ecba, t\u1ec9 l\u1ec7 nh\u1eadp kh\u1ea9u v\u00e0 ph\u01b0\u01a1ng sai doanh thu xu\u1ea5t kh\u1ea9u c\u1ee7a qu\u1ed1c gia \u0111\u00f3. \u00a0\u00a0<\/i><\/p>\n

Kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh n\u0103m 2008 ki\u1ebfn cho nhi\u1ec1u qu\u1ed1c gia c\u00f3 m\u1ee9c r\u1ee7i ro t\u00edn d\u1ee5ng ch\u1ee7 quy\u1ec1n t\u0103ng nhanh, d\u1eabn \u0111\u1ebfn m\u1ed9t s\u1ed1 qu\u1ed1c gia c\u00e1o bu\u1ed9c c\u00e1c c\u01a1 quan x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng \u0111\u00e3 h\u1ea1 n\u1ee3 qu\u00e1 nhanh.\u00a0<\/p>\n

M\u1ed9t s\u1ed1 t\u1ed5 ch\u1ee9c x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng c\u0169ng b\u1ecb ch\u1ec9 tr\u00edch do hi\u1ec7n t\u01b0\u1ee3ng c\u00e1c qu\u1ed1c gia tr\u1ea3 ti\u1ec1n cho c\u00e1c c\u01a1 quan \u0111\u1ec3 \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1. Nh\u1eefng xung \u0111\u1ed9t l\u1ee3i \u00edch n\u00e0y c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c h\u1ea1n ch\u1ebf n\u1ebfu c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u1ea3 ti\u1ec1n \u0111\u1ec3 xem x\u1ebfp h\u1ea1ng thay v\u00ec c\u00e1c qu\u1ed1c gia ph\u1ea3i tr\u1ea3 ph\u00ed \u0111\u1ec3 \u0111\u01b0\u1ee3c x\u1ebfp h\u1ea1ng. \u00a0\u00a0<\/p>\n

V\u00ed d\u1ee5 v\u1ec1 X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc<\/span>\u00a0<\/font><\/h3>\n

C\u00e1c qu\u1ed1c gia \u0111\u01b0\u1ee3c x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng BBB- ho\u1eb7c h\u01a1n tr\u00ean b\u1ea3ng X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc<\/span><\/b> c\u1ee7a Standard & Poor m\u1edbi \u0111\u01b0\u1ee3c coi l\u00e0 \u1edf trong h\u1ea1ng \u0111\u1ea7u t\u01b0. H\u1ea1ng BB+ tr\u1edf xu\u1ed1ng \u0111\u01b0\u1ee3c coi l\u00e0 h\u1ea1ng \u0111\u1ea7u c\u01a1 ho\u1eb7c kh\u00f4ng \u0111\u1ea7u t\u01b0 (Speculative\/ junk).<\/p>\n

N\u0103m , S&P \u0111\u00e3 x\u1ebfp h\u1ea1ng CCC cho Argentina, h\u1ea1ng A+ cho Chile.<\/i><\/p>\n

B\u1ea3ng X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc<\/span> Moody coi h\u1ea1ng Baa3 tr\u1edf l\u00ean l\u00e0 h\u1ea1ng \u0111\u1ea7u t\u01b0 v\u00e0 h\u1ea1ng Ba1 tr\u1edf xu\u1ed1ng l\u00e0 \u0111\u1ea7u c\u01a1. N\u0103m , Hy L\u1ea1p \u0111\u01b0\u1ee3c x\u1ebfp h\u1ea1ng B1 v\u00e0 \u00dd x\u1ebfp h\u1ea1ng Baa3 tr\u00ean b\u1ea3ng x\u1ebfp h\u1ea1ng c\u1ee7a Moody.\u00a0<\/p>\n

Ngo\u00e0i x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng, c\u00e1c t\u1ed5 ch\u1ee9c n\u00e0y c\u00f2n \u0111\u00e1nh gi\u00e1 tri\u1ec3n v\u1ecdng kinh t\u1ebf hi\u1ec7n t\u1ea1i c\u1ee7a m\u1ed7i qu\u1ed1c gia theo: t\u00edch c\u1ef1c, ti\u00eau c\u1ef1c ho\u1eb7c \u1ed5n \u0111\u1ecbnh.<\/p>\n

Vi\u1ec7t Nam trong n\u0103m nay x\u1ebfp h\u1ea1ng BB tr\u00ean b\u1ea3ng x\u1ebfp h\u1ea1ng tin d\u1ee5ng S&P, \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 l\u00e0 \u1ed5n \u0111\u1ecbnh. Tr\u00ean b\u1ea3ng x\u1ebfp h\u1ea1ng tin d\u1ee5ng c\u1ee7a Fitch x\u1ebfp h\u1ea1ng BB \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 l\u00e0 t\u00edch c\u1ef1c.\u00a0 \u00a0<\/i><\/p>\n

(Theo Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n X\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng nh\u00e0 n\u01b0\u1edbc (ti\u1ebfng Anh: Government Credit Rating) l\u00e0 m\u1ed9t b\u1ea3ng \u0111\u00e1nh gi\u00e1 uy t\u00edn t\u00edn d\u1ee5ng c\u1ee7a m\u1ed9t qu\u1ed1c gia ho\u1eb7c m\u1ed9t ch\u1ee7 th\u1ec3 c\u00f3 ch\u1ee7 quy\u1ec1n.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30632"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=30632"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30632\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=30632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=30632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=30632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}