&|FWKXWQJYLWWW
*0GVV
*OREDO0DULQH'LVWUHVVDQG6DIHW\6\VWHP
'6& 'LJLWDO6HOHFW&DOOLQJ
1%'3 1DUURZ%DQG'LUHFW3ULQWLQJ
,10$56$7 ,QWHUQDWLRQDO0DUULWLPH6DWWHOLWH
0) 0HGLXP)UHTXHQF\
+) +LJKW)UHTXHQF\
9+) 9HU\+LJKW)UHTXHQF\
$54 $XWRPDWLF5HSHDW5HTXHVW
)(& )RUZDUG(UUR&RUUHFW
6)(& 6HOOHFW)(&
&)(& &ROOHFW)(&
26& 2VLOODWRU
9&2 9ROWDJH&RQWURO2VLOODWRU
$6. $PSOLWXGH6KLIW.H\LQJ
)6. )UHTXHQF\6KLIW.H\LQJ
36. 3KDVH6KLIW.H\LQJ
30 3KDVH0RGXODWLRQ
$0 $PSOLWXGH0RGXODWLRQ
)0 )UHTXHQF\0RGXODWLRQ
$*& $XWRPDWLF*DLQ&RQWURO
$)& $XWRPDWLF)UHTXHQF\&RQWURO
0êFOêF
&KwvQJ,
JLÔLWKLXFKXQJYKWKQJDQWRyQ
YyFđXQ}Q+yQJ+zLWRyQFX*0'66
Đ
+WKơQJ*0'66
Đ
&FTX\~ÊQKYWUDQJWKLWEÊWK{QJWLQFKRWX
Đ
*LLWKLXPWVơWKLWEÊWKXSKWVạGãQJWURQJ+QJKL
&KwvQJ,,7QJTXDQYWKLWEWKXSK|W97q
Đ
6|~âFKằFQxQJYQKLPYã
Đ
0\WKX
Đ
0\SKW
&zFSKutQJSKzSvLXFK
&KwvQJ,,,7QJTXDQYWKLWEWKXSK|W0)+)-66
Đ
7êQJTXDQYWKLWEÊ-66
Đ
7K{QJVơNWKXW
Đ
0{WPFK~LQ
&KwvQJ,9
1JX\tQOWQJKƠSWQV WURQJP|\WKX
SK|W0)+)-66
Đ
1JX\zQOWêQJKSWQVơWURQJP\SKW
Đ
1JX\zQOWêQJKSWQVơP\WKX0)+)
Đ
1JX\zQOWêQJKSWQVơWURQJP\WKXWUẳFFDQK'6&
Đ
3KyQWÂFKV|~âFKLWLWEWêQJKSWQVơWURQJP\WKX
Đ
3KyQWÂFKV|~âFKLWLWEWêQJKSWXVơWURQJP\SKW
ouQJvLFƠDWQKLXWURQJNKL&1&$
/LQơLX
1J\QD\QJKQKJLDRWK{QJYQWLWUzQWKJLLQĐLFKXQJY9LW1DPQĐL
ULzQJ~DQJSKWWULQPQKwơLYLQJKQK+QJKLWKVẳSKWWULQQ\\zXFX
DQWRQVLQKPQJQJ}đL~LELQDQWRQFKRFRQWXYKQJKRFQJ~}FTXDQ
WyPK|Q
+WKơQJDQWRQYFằXQQ+QJKLWRQFX*0'66FĐYDLWUÔUWTXDQ
WUăQJ~ơLYLVẳSKWWULQFDQJKQK+QJKL'RWÂQKKLXTXFDRWK{QJWLQNÊS
WKđLYFKÂQK[F~WUQzQFKLPYÊWUÂ~FELWWURQJWK{QJWLQ+QJKL7KHR
F{QJ}FFDWêFKằF+QJKLTXơFW,02~QQJ\WKQJQxPWWF
FF WX ~X SKL WUDQJ EÊ K WKơQJ *0'66 SK KS YL YQJ ELQ KRW ~QJ
$$$$9LFVạGãQJUQJULFFWUDQJWKLWEÊFDKWKơQJ*0'66O[X
K}QJ SKW WULQ WW \X FD QJKQK YQ WL ELQ 9LF QJKLzQ FằX Y K WKơQJ
*0'66QĐLFKXQJYWKLWEÊWK{QJWLQ+QJKL0)+)-66QĐLULzQJ~âQJ
WKđLSKyQWÂFKVyXK|QQJX\zQOWêQJKSWQVơWURQJWKLWEÊOPWYLFOPKRQ
WRQFQWKLWYFSQKW+|QWKQDQKQJKLXELWVyXVFYFF~FWÂQKN
WKXWFDP\0)+)-66NK{QJFKFĐQJKĂDULzQJ~ơLYLWKLWEÊWK{QJWLQ
+QJKLFDKQJ-5&PFÔQFĐQJKĂDFYLYLFWPKLXWKLWEÊWK{QJWLQFD
FFKQJNKF~SằQJVẳSKWWULQFDFFGÊFKYãWK{QJWLQ
-66OWKLWEÊWK{QJWLQWêQJKSGR~Đ~ÔLKƠLVẳSKơLKSY~LXNKLQ~âQJ
E1KQJ\zXFXQ\~}FWKẳFKLQQKđFFWKLWEÊSKằFWSFĐVẳWUJLảSFDYL
[ạO~KWKơQJFĐWKKRW~QJOLQKKRW
6DXQxPKăFWSWLWU}đQJwLKăF+QJ+LYWKẳFWSWơWQJKLSWL&{QJ
W\WK{QJWLQ~LQWạ+QJ+Ll+L3KÔQJHP~~}FJLDR~WL
i
j
/XQYxQWơWQJKLSJâPFK}|QJ&K}|QJWKằQKWFDOXQYxQ~}FGQK
~WUQKE\WêQJTXDQYKWKơQJ*0'661KQJYQ~F|EQYWKLWEÊWKX
SKW~}FJLLWKLXWURQJFK}|QJWKằKDL&K}|QJWKằEDFDOXQYxQWUQKE\
WêQJTXDQYWKLWEÊ0)+)-66~âQJWKđLSKyQWÂFKWêQJKSFFYQ~F|
EQwKLXVyXK|QYPWYQ~NWKXWNKSKằFWSFK}|QJEơQSKyQWÂFK
QJX\zQOWêQJKSWQVơWURQJKWKơQJ
'RWUQK~FĐKQYQ~POXQYxQ~FSWLOLW}|QJ~ơLSKằFWSQzQ
QKW~ÊQKWURQJOXQYxQNK{QJWKWUQKNKƠLFÔQFĐFKôV|VLKRFWKLXFKÂQK
[F
(P[LQE\WƠOÔQJELW|QVyXVF~ơLYLFFWK\F{JLRFD.KRDwLQwLQ
WạWXELQYVẳ~QJYLzQYQKQJNLQWKằFTXEX~QKQ~}FWURQJVXơW
QKQJQxPKăFWS(P[LQFKyQWKQKFP|QWK\JLR.6wR9xQ7K{QJJLR
YLzQEP{QwLQWạYLQWK{QJQJ}đL~ GQGWYFĐQKQJWUJLảSWQWQK
WURQJYLFKRQWKQKOXQYxQWơWQJKLSQ\
+xL3KQJQJw\
/z7KDQK1JKÊ
&+poQJ,*,ÔLWKLXFKXQJYKWKQJDQWRyQYyFđX
Q}QKyQJKzLWRyQFXJPGVV
Đ
+WKQJJPGVV
,
NKLQLáPFKXQJ
JPGVV
OPWKWKơQJWK{QJWLQOLzQOFPLSKãFYãFKRPãF~ÂFKDQWRQ
YERQQKQJKLWRQFXW}QJFK~RFDKWKơQJOWPNLPYFằXQQ
&F~|QYÊWêFKằFFằXQQFàQJQK}FFWX~DQJKRW~QJYQJOyQFQWXEÊ
QQV~}FER~QJPWFFKNÊSWKđLVDRFKRKăFĐWKWUJLảSQKQJKRW~QJ
SKơLKSWPNLPYFằXQQYLWKđLJLDQWUOQKƠQKW
+ WKơQJ FàQJFXQJ FS WK{QJWLQ NKQ FS Y DQ WRQ +QJ KL FàQJ QK}SKW
TXQJEWK{QJWLQDQWRQ+QJKLGẳERNKÂW}QJ YQKQJ WK{QJWLQNKQ
FSDQWRQNKFWLWX'~DQJKRW~QJYQJELQQRFFWXVFĐWKWKẳF
KLQ~}FFKằFQxQJWK{QJWLQFQWKLWFKRVẳDQWRQFDFKÂQKWX~ĐFàQJQK}
FFWXKRW~QJFQJNKXYẳF
,,&KFQQJWKQJWLQWURQJKáWKấQJJPGVV
%WNKRW~QJYQJELQQRPôLWXSKL~}FWUDQJEÊFFWKLWEÊY{
WX\QFĐNKQxQJWKẳFKLQFKằFQxQJWK{QJWLQ[X\zQVXơWFXFKQKWUQKFD
PQK
FKằFQxQJ~ĐO
3KWER~QJFSFằXWKHRFKLXWáWX~QEđ
7KXER~QJFSFằXWKHRFKLXWáEđ~QWX
3KWYWKXER~QJFSFằXWKHRFKLXWáWX~QWX
3KWYWKXFFWK{QJWLQSKơLKSWPNLPYFằXQQ
3KWYWKXFFWK{QJWLQKLQWU}đQJ
3KWYWKXWÂQKLX~ÊQKYÊ
3KWYWKXFFWK{QJWLQDQWRQKQJKL
3KWYWKXFFWK{QJWLQWK{QJWK}đQJ
7K{QJWLQEXâQJOLEXâQJOL
,,,FFYẹQJELàQéFTXLQKWURQJKáWKấQJJPGVV
&FKWKơQJWK{QJWLQY{WX\QFXWKQKWURQJKWKơQJ
JPGVV
FĐQKQJ
KQFKNKFQKDXQXQK}[WYWPKRW~QJ~ÊDOYGÊFKYãWK{QJWLQFXQJ
FSELKWKơQJ~Đ
&F~LG}|QJ~}FFKLDWKQKFFYQJULzQJELWFKảQJ~}FWKáDQKQGR
NKQxQJWK{QJWLQFàQJQK}JLLKQYFFF{QJQJKWK{QJWLQNKFQKDX
+WKơQJ
JPGV6
FKLD~LG}|QJWKQKYQJVDX
9QJELQ$OYQJELQQPWURQJYQJEDRSKFDÂWQKWPWWUP
YKI
Eđ
FĐWUẳFFDQKER~QJOLzQWãFEQJ
GVF
7K}đQJ[DEđWá~QKLO
9QJELQ$OYQJQPQJRLYQJ$QPWURQJYQJEDRSKFDÂWQKW
PWWUP
PI
EđFĐWUẳFFDQKER~QJOLzQWãFEQJ
GVF
7K}đQJQPFFKEđWá
~QKLO
9QJELQ$OYQJQPQJRLYQJ$$QPWURQJYQJEDRSKFDFFY
WLQKKQJKLTXơFW
LQPDUVDW
FĐWUẳFFDQKER~QJOLzQWãFNRGLWá
1
~Q
6
9QJELQ$OYQJQPQJRLFFYQJ$$$WK}đQJOFFYQJJQ~ÊD
FẳF
Đ
&|FTXLxQKYWUDQJWKLWEWKuQJWLQFKRWyX
wWKẳFKLQFFFKằFQxQJWK{QJWLQWURQJKWKơQJ
JPGVV
WXSKL~}F
WUDQJEÊ~\~FFWUDQJWKLWEÊWK{QJWLQ4XL~ÊQKYWKLWEÊOS~WWUzQWXGẳD
WUzQF|VFWXYWUzQF|VYQJELQWXKRW~QJ
,4XLQKWUDQJEFKXQJFKRWơWFFFWXELàQNKQJSKệ
WKXậFYRYẹQJKRWậQJFểDWX
0\
YKI
WUẳFFDQKJăLFKăQVơ
GVF
3KWYWKXER~QJFSFằXWUzQ
NzQKYFĐNKQxQJWKẳFKLQWK{QJWLQWUzQY
7KLWEÊSKQ[
UDGDU
KRW~QJWUzQWQVơ*+]SKãFYãFKRWPNLP
YFằXQQ
VDUW
7KLWEÊWKXQKQWK{QJWLQDQWRQKQJKL
PVL
P\WKX
QDYWH[
KRF
P\WKXJăLQKĐPWxQJF}đQJ
HJF
QXWXKRW~QJWURQJYQJEDRSKFDY
WLQK
LQPDUVDW
YNK{QJFĐPQJO}L
QDYWH[
3KDR~ÊQKYÊY{WX\QNKQFS
HSLUS
WẳQêLYFĐNKQxQJNÂFKKRWEQJ
WD\KD\Wẳ~QJ
0\WKXSKWY{WX\Q~LQWKRLVĐQJWUXQJ
PI
KRW~QJWUzQWQVơFS
FằX.+]YWKLWEÊWRWÂQKLXFSFằXWUzQWQVơFSFằX.+]NK{QJ
TXL~ÊQ~ơLYLKRW~QJWURQJYQJELQ$FKR~Q
0\
YKI
FPWD\ZDONLHVWDONLHVORLNÂQQ}FP\~ơLYLWXWUzQ
JUW
,,4XLQKYWKLãWEấLYẽLWXKRWậQJWURQJYẹQJ$
1JRLTXL~ÊQKWUDQJEÊFKXQJQK}WUzQFFWXFKKRW~QJWURQJYQJELQ
$FÔQSKL~}FWUDQJEÊPWVơFFWKLWEÊG}L~y\~FĐWKSKWFFWÂQKLX
FSFằXWáWXYREđ
YKIGVFHSLUE
KRF0)'6&QXJQ~LEđVạGãQJ0)'6&
+RF
HSLUE
KRW~QJWUzQWQVơ0+]
+RFP\
PIKIGVF
+RFP\
LQPDUVDW
KRW~QJWUzQGLVĐQJ/EDQG
,,,ấLYẽLWXKRWậQJWURQJYẹQJELàQDYD
1JRLFFTXL~ÊQKWUDQJEÊFKXQJQK}WUzQFFWXKRW~QJQJRLYQJ
ELQ$QK}QJWURQJSKPYLFDYQJELQ$VSKLWUDQJEÊ
0\0)FĐWKWKXSKWWÂQKLXFSFằXWUzQWQVơ.+]JăLFKăQVơ
YWUzQWQVơ.+]EQJWK{QJWLQ~LQWKRL
0\WKXWUẳFFDQKJăLFKăQVơl
GVF
KRW~QJWUzQWQVơNK]
7KLWEÊSK\WÂQKLXFSFằXWXEđNKFQJRLP\
PI
FĐWK(3,5%KRW
~QJWUzQWQVơ 0+] KRF P\
KIGVF
KRFP\
LQPDUVDW
HSLUE
Y
WLQK
7KLWEÊP\WKXSKWWK{QJWK}đQJFĐGÊFKYãWK{QJWLQ~LQWKRLKD\~LQ
WÂQFĐWKP\+)0)KD\OP\
LQPDUVDW
,9ấLYẽLWXKRWậQJWURQJYẹQJDDD
1JRLTXL~ÊQKWUDQJEÊFKXQJQK}WUzQFFWXKRW~QJEzQQJRLYQJ
ELQ$$QK}QJWURQJSKPYLYQJELQ$VSKLWUDQJEÊ
/ẳDFKăQ
0\
LQPDUVDW
0\0)WKXSKWWKẳFKLQFSFằXWUzQWQVơ.+]JăLFKăQVơY
.+]JăLWKRL
0\WKXWUẳFFDQKKRW~QJWUzQWQVơ.+]
7KLW EÊ WKX SKWWÂQ KLX FS FằX WX Eđ NKF QJRL P\
PI
FĐWKO
HSLUE
KRW~QJWUzQWQVơ0+]KRFP\
KIGVF
KRFP\
LQPDUVDW
WKằKDLKRF
HSLUE
YWLQK
/ẳDFKăQ
0\WKX0)+)WKXSKWVạGãQJFKRPãF~ÂFKDQWRQYFằXQQJăLFKăQ
Vơ WK{QJ WLQ WKRL Y WKLW EÊ WUX\Q FK ExQJ KS KRW ~QJ WUzQ GL WQ Vơ
.+]0+]Y0+]0+]
0\WKXJăLFKăQVơ
GVF
WUẳFFDQKWUzQWQVơ.+]Y.+]Y
ÂWQKWOPWWURQJVơFFWQVơ.+]
7KLWEÊSKWWÂQKLXFSFằXWXEđNKFQJRLP\0)FĐWKO
HSLUE
KRW~QJWUzQWQVơ0+]KRFP\
LQPDUVDW
KRF
HSLUE
YWLQK
7KLWEÊWKXSKWWK{QJWLQWK{QJWK}đQJWK}đQJOP\0)+)FĐGÊFKYã
WK{QJWLQWKRLYWUX\QFKExQJKS
9ấLYẽLWXKRWậQJWURQJYẹQJELàQDDDD
1JRLTXL~ÊQKWUDQJEÊFKXQJQK}WUzQFFWXKRW~QJWUzQFFYQJ
ELQVSKLWUDQJEÊ
0\0)+)WKXSKWVạGãQJFKRPãF~ÂFKDQWRQYFằXQQJăLFKăQVơ
WK{QJWLQWKăDLYLQExQJGLKSKRW~QJWURQJGLWQVơl.+]Y
l.+]
0\WKX'6&WUẳFFDQKWUzQWQVơ.+].+]YÂWQKWOPW
WURQJVơFFWQVơ.+]
7KLWEÊSKWWÂQKLXFSFằXWXEđ
HSLUE
KRW~QJWUzQWQVơ0+]
7KLWEÊWKXSKWWK{QJWLQWK{QJWK}đQJWK}đQJOP\0)+)FĐGÊFKYã
WK{QJWLQWKRLYWUX\QFKExQJKS
Đ
JLÔLWKLXPWVWKLWEWKXSK|WVơGêQJWURQJKyQJ
KzL
,P\SKW
0\SKW$
7U}F~y\GRNWKXWWK{QJWLQFK}DSKWWULQQzQ~LQER02256(~}F
VạGãQJUQJUL~SKãFYãFKRQJKQKWK{QJWLQKQJKLFàQJQK}WURQJTXyQ~L
YWURQJWK}|QJPLFKRPãF~ÂFKFSFằXNKQFSYDQWRQ
1J\QD\GRNWKXWWK{QJWLQSKWWULQQzQSKPYLVạGãQJ~LQER02256(
~}FWKXKSFFP\FKKRW~QJGLWQVơ.+]7URQJW}|QJ
ODLFK~SKW02256(FĐWKEÊORLEƠ~WKD\WKEQJFFSK}|QJWKằFWK{QJ
WLQWLQEK|QKLXTXK|Q
0\SKWWKRL
wy\OPWWURQJQKQJSK}|QJWKằFWK{QJWLQ~}FVạGãQJUQJULKLQQD\
YTXWUQKNKDLWKF~|QJLQJLF}FWKS
&K~OPYLFFDP\SKWWKRL -(+(
'LWQF{QJWF 7UzQFFGLWQ0)+)9+)
&{QJVXWSKW.:~Q.:wLEđ
0\SKWWKRL-(VạGãQJFKRPãF~ÂFKWK{QJWLQWK}|QJPLOFK\X
wy\OFK~~|QELzQNK{QJVĐQJPDQJKRW~QJWUzQFFGLWQ.+]
0\SKWWKRL+(~}FGQJFKRPãF~ÂFKWK{QJWLQFSFằXNKQFSY
DQWRQWUzQWQVơ.+]
0\SKW1$97(;
/PWKWKơQJSKơLKSJLDFFQKFXQJFSGÊFKYã06,YLWUP~L
~SKW~LFFWK{QJWLQYDQWRQKQJKLQK}OFFWK{QJERNKÂW}QJWKXắ
YxQFFWK{QJERDQWRQKQJKL06,WURQJPWNKXYẳFJLLKQQR~Đ+
WKơQJQ\VạGãQJNWKXWWUX\QFKExQJKS1%'3YLFK~SKW)(&Y
KRW~QJWUzQWQVơ.+]WQVơTXơFWYWQVơ.+]WQVơTXơFJLD
+WKơQJ1$97(;NK{QJFKSKW~LWK{QJWK}đQJPFÔQFKRSKSSKW~LFFWK{QJ
WLQNKQFSYFFEằF~LQFSFằX
0\SKW7(/(;
w}FVạGãQJ~SKWWULQQKQJWK{QJWLQ~LQERWẳ~QJWUzQPWNzQKY{
WX\Q QR ~Đ . WKXW Q\ [y\ GẳQJ QKP PãF ~ÂFK WKD\ WK FKR ~LQ ER
02256(WU}F~y\~SKãFYãFKRWK{QJWLQOLzQOFWK{QJWK}đQJ&ĐKDLSK}|QJ
WKằFKRW~QJO$54Y)(&YLGLWQOPYLF+)YFK~SKW[)%-%
,,0\WKX
0\WKX$
/X{QWUẳFFDQKWUzQFFWQVơNKQFSDQWRQTXơFW~ĐOFFGLWQ
.+]YKRW~QJFK~&:
1JRLQKQJWK{QJWLQWUzQQĐFÔQWKXFFWK{QJWLQWK}|QJPLSKãFYãFKRGyQ
GãQJ
0\WKXWKRL
/X{QWUẳFFDQKWUzQFFGLWQVạGãQJ0)+)9+)~WKXFFWK{QJWLQFS
FằXNKQFSYDQWRQQJRLUDQĐFÔQWKXFFWK{QJWLQWK}|QJPLSKãFYãFKR
GyQGãQJ0\WKXWKRLOPYLFFK~-(+(
0\WKX1$97(;
7¼~QJWKXFFWK{QJWLQDQWRQKQJKL¯FK~)(&WUzQWQV¬
.+]
0\WKX'6&
'³QJ~WU¼FFDQKWK{QJWLQFSF»XNKQFSYDQWRQKQJKLWUzQFFWQ
V¬.+]Y0+]Y±LFK~
SKW[
0)+) -%)%
9+) )%*%
&KwvQJ,,WQJTXDQYWKLWEWKXSK|W97q
§
6vxFK®FQrQJYyQKLPYª
6|~©
0
\SKWWUX\QW¢QKLXWLQW»F~L[DYP\WKXWKXQKQW¢QKLXWLQW»F~§
§
0|\WKX
&FWKDPV¬N¿WKXW
wQK\F´DP\WKX.KQxQJP\WKXF§WKWKX~}²FW¢QKLXQK¥QKW¯
~XYRPP\WKXYQF§WK~}DUDFKWK£FFW¢QKLXWLQW»FEQKWK}®QJ
wªQ~£QKWQV¬Y~FK¢QK[FWQV¬
'LWQF{QJWF7KLWE£F§WKWKX~}²FW¢QKLXQPWURQJ~RQWQKD\GL
WQV¬QR~§
&K~WKX/NKQxQJWKLWE£WKXF§WKWKX~}²FW¢QKLX¯FFFK~
~LXFKNKFQKDX
&FWKDPV¬NKF1JX©QFXQJFSNWFXN¢FKWK}±FF{QJVXWKLXVXW
~UQJExQJWQQKLW~~P
3KyQORLP\WKX
3KyQORLWKHRGLWQF{QJWF
0\WKXV§QJWUXQJ
0\WKXV§QJQJQ
3KyQORLWKHRFK~F{QJWF
0\WKX+(-()%+%
3KW
7KX
P{LWU}®QJWUX\Q
V§QJ
6|~âNKơLYQJX\zQOKRW~QJ
0FKYR7KXQKQWÂQKLXFQWKXYSKơLKSWUNKQJYLFFWQJVDX
0FKYRJâPFFNKXQJFQJK}QJYFĐKVơSKPFKWFDR
.w&7.KXFK~LFDRWQ&ĐQKLPYãOPWxQJWắVơ61OzQ~OQY
SKơLKSWUNKQJYLPFKYRYNKơLWUQWQ&FOLQKNLQFQFĐKVơSKP
FKWFDRYNK{QJFQWQGãQJKWF{QJVXWFDOLQKNLQ
wêLWQ*âPPFKWRGDR~QJQL26&YPFKWUQWQ0,;~WRUD
WQVơGDR~QJQLI
~WUQYLWÂQKLX97wI WKX~}FWRUDWQVơWUXQJWQO
WQVơFơ~ÊQKNK{QJ~êL)
WKD\~êLWKHRWÂQKLXWKXFĐWKWUQKRFQKLXOQ
OăFO\I
YORLEƠFFWQVơSKãGRTXWUQKWUQJy\QzQ
0FKGDR~QJQL26&EWêQJKSWQVơ
-
.
w77.KXFK~L WUXQJ WQ .KXFK ~L I
WKX ~}FVDX ~êL WQ.w77
TX\W~ÊQK~QK\FDP\WKX
7FKVĐQJ7FKO\WÂQKLXWLQWằFUDNKƠLWÂQKLXFDRWQYOăFEƠWÂQKLX
FDRWQYFFVĐQJKL7XẵWKHRFK~WKXKD\WÂQKLXWKX~}FPFĐPFKWFK
VĐQJWKÂFKKS
.KXFK~LWÂQKLXWLQWằF.KXFK~LWÂQKLXWLQWằFWQVơWKSWU}FNKL
~}DUDFKWKÊ
&KWKÊ
&KWKÊEQJKQKQKP\LQ
&KWKÊEQJyPWKDQK
0FKYR
&FORLPFKYR
3KyQORLWKHRGLWQ
0FKYRGLUQJ
0FKYRGLKS
3KyQORLWKHRFXWUảFPFKYR
0FKYRGQJNKXQJFQJK}QJ/&
0FKYRGQJGLRGHELQGXQJ
0FKYRGQJWKFKDQK
&FWKDPVơPFKYR
+VơWUX\Q~W
'LWK{QJFDPFKYR
wFKăQOăFFDPFKYR
'LWQFQJWFFDPFKYR
*KSPFKYRYL$QWHQD
*KSELQSJKSWẳFPKD\JKSWẳQJX
*KS~LQGXQJ
&FPFKNKXFK~LFDRWQWURQJP\WKX
.w
&7
.w
77
I
I
I
<zXFX
7KẳFKLQSKơLKSWUNKQJJLDPFKYRYLFạDYRWQJNKXFK~LFDR
WQ~~PERWắVơ61~OQ
&FOLQKNLQWURQJPFKFĐKVơSKPFKW4OQY~~PERWắVơ61
PNK{QJFQWQGãQJKWF{QJVXWFDOLQKNLQWURQJPFK&FWyQJ.w&7
WK}đQJOFFWQJNKXFK~L~LQS
&FSK}|QJSKSJKS
*KSWUẳFWLSw|QJLQKVơJKSOQNK{QJPRQK}QJNKĐSKơLKSWU
NKQJ
*KS5l&
*KSTXDQJ
*KSELQS
9Q~êQ~ÊQKWURQJFFWQJNKXFK~LFDRWQ
1KQJWKQKSKQNVLQKWQVơFDRJy\UDKâLWLSYJy\UDPWêQ~ÊQK
~ơLYLPFK.w&7OPSKWVLQKKLQW}QJWẳNÂFK
wLXNLQOPYLFêQ~ÊQKWURQJWQJ.w&7~QĐOPYLFêQ~ÊQKOSKL
NKFSKãF~}FFFKLQW}QJWẳNÂFKWURQJPFK&F\XWơJy\OzQKLQW}QJWẳ
NÂFKOSKDYELzQ~GR~ĐPXơQFKơQJOLKLQW}QJWẳNÂFKYQJX\zQWFWD
SKLSK~}F~LXNLQFyQEQJYELzQ~YSKD&F~LXNLQYSKDGRFF
KLQW}QJNVLQKJy\OzQQJ}đLWDFĐWKNKFSKãFQĐEQJNWFXFDPFK&F
~LXNLQELzQ~GRWKQKSKQ~LQGQJy\OzQQXWURQJPFK.w&7~LQGQ
WFGãQJ WRQ SKQ FD NKXQJYL~LQGQ WFGãQJWRQ SKQPFK YR QJ}F
QKDXWKPFKVNK{QJJy\OzQKLQW}QJWẳNÂFK
&FSK}|QJSKSQyQJFDR~êQ~ÊQKWURQJPFK.w&7
3K}|QJSKSWKã~QJ*LPKVơ.wYPWKVơNKXFK~LQR~Đ
EQJFFKJLP~LQWUW}|QJ~}|QJFDPFKKRFJLPKVơJKS
3K}|QJSKSWÂFKFẳFw}DKVơNKXFK~LYKVơêQ~ÊQKEQJFF
PFKWUXQJKRKRFFFPFK.DVFRVW
.KXFK~LFDRWQWURQJPWGLWQ
1XJăLN
OKVơNKXFK~LFDPFKWQVơWUXQJEQKWURQJGLWQ
F{QJWFWKPXơQWQJ.wOPYLFêQ~ÊQKWKN
N .KLOPYLFWKFFSKQ
WạWÂFKFẳFVFĐPWWUNKQJOPVXQFFNKXQJFQJK}QJGR~ĐSKLWÂQKWRQ
OPVDRFKRPFKYQ~PERWÂQKFKăQOăFYGLWK{QJFDPFK
&FWK{QJVơF|EQ~ơLYLPFKNKXFK~LFDRWQ
7ắVơ61&QFKăQFFOLQKNLQFĐKVơSKPFKWFDR~61OQ
wPR
0RSKLWX\QGRFFSKQWạWÂFKFẳFJy\UDYPRWX\QWÂQKGRWQVơ
F{QJWFJy\UD
wêQ~ÊQKWQVơ&Đ~êQ~ÊQKYWQVơY~êQ~ÊQKYELzQ~
wFKăQOăFNzQKJ}|QJ&KRELWNKQxQJORL~}FWQVơQKUDNKƠLWQ
VơFQWKX
'LWQF{QJWF/NKQxQJ~LXFKQKWQJ.w&7YEWNẵWQVơQR
WURQJGLWQOPYLFPFFWKDPVơ~FWÂQKFDPFKQPWURQJJLLKQFKR
SKS
wêLWQ
.KLQLP
%~êLWQOEFKX\Q~êLWQVơWUzQF|VWUQJLDWQVơFDR5)WáPFK
YRP\WKXKRFNKơL.w&7YLWQVơGDR~QJQL~}FWRUDELP\WKX~
WRUDWQVơWUXQJWQêQ~ÊQKNK{QJSKãWKXFYRWQVơ~XYR~~}DYRFF
WQJNKXFK~LWUXQJWQ~~PERFKRWQJ.w77OPYLFêQ~ÊQKYFĐKVơ
NKXFK~LFDR
I
I I
.KLOPYLFYLPWGLWQVơWKNKLFQWKXPWWQVơQR~ĐWKSKL
~LXFKQKI
WRUDFKRSKKSW}|QJằQJYLI FQWKX~~PERI êQ~ÊQK
NK{QJWKD\~êLNK{QJSKãWKXFYRFFWQVơWKX7URQJWU}đQJKSQ\I
TX\
~ÊQKWQVơFQWKX
&FWKDPVơF|EQFDE~êLWQ
7UNKQJYRUD
'LWQOPYLF
wFKăQOăF~XYR
wPRWX\QWÂQKKRFSKLWX\Q
7SyP
wêQ~ÊQK
wWLQF\
9Q~~âQJFKQKYLPFKYRYGDR~QJQL
0XơQI
UDêQ~ÊQKWURQJFFGLWQOPYLFWDSKL~âQJFKQKI
WRUDSKKS
YLI
FDPFKYR
'QJFFWãEWQVơFDGDR~QJQLGRYQ~NK{QJWX\QWÂQKFDWã
[RD\Jy\UD
.KXFK~LWUXQJWQ
&KằFQxQJQKLPYãY~F~LPFDE.w77
%.w77OENKXFK~LFDRWQOPYLFYLPWWQVơQKW~ÊQK.w77
FĐWKFĐPW~QQKLXWQJ&FWQJ.w77SKL~PER~FKăQOăFGLWK{QJ
Y QĐ TX\W ~ÊQK~ QK\ FDP\ WKX GR ~Đ \zX FX FD WQJ .w77 FĐ K Vơ
NKXFK~LOQ~WxQJ~FKăQOăFFDFFWQJNKXFK~L77WKFKăQFFPFK
OăFFĐ~GơFOQ~~PER~FWX\QELzQ~WQVơYX{QJYKVơNKXFK~L
~âQJ~XWURQJFGLWK{QJQJRLUDFÔQSKL~PER~WUXQJWKẳFFDWÂQKLX
GR~ĐGLWK{QJFDPFKSKL~1K}QJQXGQJQKLXWQJ.w77WKGLWK{QJ
FDPFKOLJLP[XơQJ
&FNLX.w77
.w77GLUQJ
.w77VROH~{L
.w77FQJK}QJ~|Q
.w77FQJK}QJNS
&FSK}|QJSKSPUQJGLWK{QJFDFFWQJ.w77
3K}|QJSKSVXQNKXQJ0FVRQJVRQJNKXQJFQJK}QJPW~LQWU5
vX~LPw|QJLQ
1K}F~LP+VơWUX\Q~WJLPKVơ SKPFKWFDNKXQJJLP
GQ~QJLP~GơF~FWÂQKELzQ~WQVơ
.w77GQJQKLXNKXQJFQJK}QJ
3K}|QJSKSQ\QJ}đLWDFĐWKGQJKRF NKXQJJKSYLQKDX
.KLJKSSKL~PERIFQJK}QJULzQJFDFFNKXQJSKLNKFQKDXQK}QJ
JQQKDXYSKLJKSYLQKDX~}F
vX~LP0UQJ~}FGLWK{QJFDPFKPKVơWUX\Q~WNK{QJ
EÊJLPYFFWK{QJVơ4
YQ~PER
1K}F~LP.WFXPFKSKằFWS
'QJPFKOăFWSWUXQJ
9Q~PERKVơSKPFKWFDNKXQJFDRQzQ~FKăQOăFFDR
+VơWUX\Q~W~âQJ~XWURQJFGLWK{QJFDPFK
wQyQJFDR4FĐWKWKD\/&EQJWKFKDQK
7FKVĐQJ
.KLQLPYSKyQORLWFKVĐQJ
.KLQLP&ÔQJăLOTXWUQKJLL~LXFKOYLFWKẳFKLQWÂQKLXWLQ
WằFUDNKƠLVĐQJPDQJ
3KyQORL'ẳDWUzQWÂQKLXWKXằQJYLFFORLWÂQKLX~LXFKNKFQKDX
WDFĐFFORLWÂQKLX~LXFKYPFKWFKVĐQJW}|QJằQJ
9ÂGã7KXWÂQKLX$07FKVĐQJ~LXELzQ
)07FKVĐQJ~LXWQ
1JX\zQOFKXQJFDPFKWFKVĐQJ
7ÂQKLX~LXELzQw}DFFSKQWÂQKLX~~LXFKTXDFFSKQWạSKL
WX\Q~WFKO\PWSKDFDWÂQKLX~LXELzQVDX~ĐTXDFFPFKOăF~OăFEƠ
VĐQJPDQJWFKUDWÂQKLXWLQWằF9LWÂQKLX-(WKSKLNK{LSKãFOLVĐQJPDQJ
VDX~ĐPLFKRTXDWFKVĐQJELzQ~
7ÂQKLX~LX WQ 'QJ NKXQJOFK FQJ K}QJ~ELQWÂQKLX ~LX WQ
WKQK~LXELzQVDX~ĐGQJPFKWFKVĐQJ~LXELzQ~O\UDWÂQKLXWLQWằF
9LFK~$$GQJGDR~QJ%)2GDR~QJSKFKWKDPJLDYRPFK
WFKVĐQJ5LzQJYLWÂQKLX)%SKLGQJEJLLP
0WVơGQJWFKVĐQJ
0FKWFKVĐQJELzQ~&ĐWKGQJ'LRGHKRF7UDQ]LWRU~KRQWKQK
YLFWFKVĐQJ
0FKWFKVĐQJ~âQJEwy\OGQJPFKWFKVĐQJ~LXELzQQK}QJS
GãQJFKRWU}đQJKSWÂQKLXFĐELzQ~QKƠwWKẳFKLXYLFWFKVĐQJ~âQJE
QJ}đLWDGQJFFSKQWạWÂFKFẳF7U,&7X\QKLzQPFKWFKVĐQJ~âQJEFĐ
NWFXSKằFWSK|QPFKWFKVĐQJ~LXELzQGQJFKRWÂQKLXWKRL
7FKVĐQJ~LXWQ9LWÂQKLX~LXWQSKLGQJWFKVĐQJ~LXWQ9L
}X~LPONKQxQJFKơQJQKLXFDR&ĐWKGQJWURQJFFKVDX
&FKw}DWÂQKLX~LXWQYRNKXQJOFKFQJK}QJ~WRUDWÂQ
KLXUDFĐELzQ~SKãWKXFYRWQVơWÂQKLX~XYRVDX~ĐGQJPFKWFK
VĐQJ~LXELzQ
&FK'QJWKLWEÊ~RWQVơKRF~LQSVDXEWFKVĐQJYNKRVW
VẳWKD\~êL~LQSWKHRWQVơWUzQF|VWKẳFKLQYLFWFKVĐQJ
'RVạGãQJPFKKQELzQQzQ\zXFXWÂQKLXFĐELzQ~OQ
wKôGQFD~FWX\QWFKVĐQJSKLFDRwFWX\QFDPFKWFKVĐQJ
SKLWX\QWÂQK~FWX\QWQVơSKL~êQ~ÊQKNKLQKLW~ELQWKLzQ
1JRLUDFÔQPFKWFKVĐQJFyQEQJWFKVĐQJWắOWFKVĐQJSKD
0FKWFKVĐQJ~âQJE
6ạGãQJNKLWÂQKLXYRQKƠ7KẳFFKWQĐOPFKWFKVĐQJ~LXELzQ
7ÂQKLXFQWFKVĐQJ
07WRUD
WK
wWFKVĐQJFD
GQJNKĐD~LQWạ
QJGãQJWURQJWU}đQJKSWÂQKLX~}DYRWFKVĐQJQKƠ~FELWWURQJP\
FKX\zQGãQJWÂQKLXWKRL
&FPFK~LXFKQKWURQJP\WKX
0FK~LXFKQKyPO}QJ
0FK~LXFKQKyPVF&KÂQKOPFKEWQVơWKã~QJWÂFKFẳF
0FKWẳ~QJ~LXFKQKKVơNKXFK~L$*&7ẳ~QJ~LXFKQKKVơ
NKXFK~LFDFFWQJ.w77YFDRWQ~FKơQJOLKLQW}QJSKD~LQKWURQJ
P\WKX'³QJK©LWLSyPYO\W¢QKLXVDXWFKV§QJ~}DY~LXNKLQFFWQJ
NKXFK~LWUXQJWQYNKXFK~LFDRWQ
&FSK}|QJSKSWK¼FKLQPFK$*&
7K·~QJ5&
7¢FKF¼F75+LXT´DFDRK|QPNK{QJFQ~}DW¢QKLXYO±Q
0FKW¼~QJ~LXFKQKWQV¬$)&
7¼~QJ~LXFKQKWQV¬F´DGDR~QJQL~ªQ~£QKWQV¬WUXQJWQWURQJ
VX¬WGLWQYTXWUQKOPYLFF´DP\WKX
7URQJP\WKXKLQQD\WKD\$)&EQJPWPFKY¤QJNKRSKD3//
.w&7
0,;
.w77
7tFK
VQJ
26&
$*&
.w&7
0,;
.w77
7tFK
VQJ
26&
$)&
09
0,;
26&
3//
GDWD
Đ
0|\SK|W
7KDPVơNWKXWFDP\SKW
7KDPVơY~LQ
'LWQF{QJWF/GLWQVơPP\SKWOPYLF~}F
wêQ~ÊQKWQVơ/NKQxQJGX\WUWQVơSKWWURQJVXơWWKđLJLDQOP
YLFFDP\SKW
wFKÂQK[FWQVơ6DLVơWKẳFFDWQVơSKWVRYLWQVơFKWKÊ
&{QJVXWP\SKW&{QJVXWEằF[UD$QWHQD
+LXVXWSKWwQKJLKLXTXVạGãQJQxQJO}QJQJXâQ
1JXâQFXQJFS'L~LQSYQJXâQ~LQFXQJFSFQWKLWFXQJFSFKR
P\SKW
&FWKDPVơNKF
.WFX.ÂFKWK}FYWUăQJO}QJ
&KWLzXNKF&KQ~QJ~UXQJQKLW~~P
3KyQORLP\SKW
7KHRF{QJVXW
0D\SKWF{QJVXWOQQ.Z
0\SKWF{QJVXWYáDQZ
ữ
QZ
0\SKWF{QJVXWQKƠZ
3KyQORLWKHRGLWQF{QJWF
0\SKWVĐQJGL/)
0\SKWVĐQJWUXQJ0)
0\SKWVĐQJQJQ+)
0\SKWVĐQJFẳFQJQ9+)
0\SKWYWLQKExQJ5
0\SKWYWLQKExQJ;Y6
3KyQORLWKHR~LXFK
-(
+(
)%
6|~âFKằFQxQJYQJX\zQOKRW~QJFD0\SKW
26&'DR~QJWRWQVơSKW7RUDWQVơSKW~~LXFKYLWÂQKLXWLQ
WằF~EằF[UDNK{QJJLDQ1X0\SKWSKWQKLXWQVơNKFQKDXWK26&
SKLWRUDQKLXWQVơSKWWKHR\zXFX7K}đQJVạGãQJEWêQJKSWQVơFĐK
VơFKLDELQ~êL26&TX\W~ÊQK~êQ~ÊQKWQVơWK}đQJGQJPFKGDR~QJ
WKFKDQKOPGDR~QJFKXQNWKSYLPFKYÔQJNKRSKD3//~êQ~ÊQK
26&
wLX
FK
7LQ
.w
77
7ÂQKLX
WLQWằF
WQVơFDRwWxQJWÂQKêQ~ÊQKWQVơSKWQJ}đLWDNK{QJJKSWUẳFWLSEGDR
~QJYLFFWQJ~LXFKPJKSTXDWQJ~P
.KơL~LXFK/PQKLPYãWUQWÂQKLXWLQWằFFQSKW~LYLVĐQJPDQJ
FDRWQSKL~PER~VyX~LXFKQK}QJNK{QJJy\PRWÂQKLXNKơLQ\FĐ
WK~}F~WWU}FNKơL.wWLQF{QJVXWY.w&60WVơP\SKWF{QJVXW
QKƠNKơL~LXFKQJ}đLWDWKẳFKLQQJD\WQJWLQ.w&6wLXFKQKLXOQ~
~PER~VyX~LXFK
.KơLNKXFK~LWLQWằF.KXFK~LWLQWằFOzQ~OQ~SằQJ~}F\zXFX
WÂQKLXYRFKRNKơL~LXFK
.KơLWLQNKXFK~LF{QJVXW.KXFK~LWÂQKLXVDX~LXFK~OQ~S
ằQJWÂQKLX\zXFX~~}DYRNKơL.w&6.KơL.w&6FĐKVơNKXFK~LQKƠ
K|QNKơL.w&67URQJPWVơ0\SKWF{QJVXWQKƠQJ}đLWDNK{QJGQJNKơL
WLQNKXFK~LF{QJVXW
.KơL.w&64X\W~ÊQKF{QJVXWSKWFD0\SKW.KXFK~LF{QJVXW
~OQ~~}DYRPFKJKS$7UâLEằF[VĐQJ~LQWáUDQJRLNK{QJJLDQTXD
$7
0FKJKS$QWHQDwPERSKơLKSWUNKQJJLD$7YWQJNKXFK~L
F{QJVXW1ĐJLYDLWUÔTXDQWUăQJWURQJYLFWUX\QWLF{QJVXWEằF[UD$7QĐ
FĐWF GãQJ OăFKLUW TXDQ WUăQJ~F ELW WURQJP\SKWVạ GãQJ QKLXWQVơ
NKFQKDX
%WêQJKSWQVơWURQJ0\SKW
.KLQLP/PWEGDR~QJFĐNKQxQJWRUDFFWQVơêQ~ÊQKY
FKÂQK[FWUzQF|VPWEGDR~QJFKXQ7K}đQJGQJEGDR~QJWKFKDQK
GR~ĐWÂQKêQ~ÊQKUWFDR
% WêQJ KS WQ Vơ WK}đQJ WKẳF KLQEQJ SK}|QJ SKS GQJ PFK YÔQJ
NKRSKD
vX~LPwêQ~ÊQKWQVơFDRSKãWKXFYREGDR~QJFKXQFĐNK
QxQJWRUDWQVơYLE}FQK\WXẵNWFXJăQQK
QJGãQJWURQJWWFFFWKLWEÊWKXSKWYFFOĂQKYẳFNKF
%WêQJKSWQVơGQJPFKYÔQJNKRSKD
6DXEWFKVĐQJSKD'3~}DUD~LQSFĐELzQ~ELQ~êLWKHRWQVơ~X
YR9&2~}DUDWQVơELQ~êLWKHR~LQS~XYR
+RW~QJ
I
7Q Vơ FKXQ ~}F WR UD Wá GDR ~QJ WKFK DQK GDR ~QJ WKFK DQK
WK}đQJ FĐ ~ êQ ~ÊQK
l +] WằF VDL Vơ V O
+] QX GDR ~QJ O
.+]
'3
.w
9&2
.w
1
Ih
I
I
8
'3WFKVĐQJSKD6QKQKDLWQVơIhYI ~VRSKDWáVẳVDLOFK~ĐQĐ
V~}DUDPW~LzQSPWFKLX7XẵWKXFVẳVDLSKDÂWKD\QKLXP~LQSPW
FKLX~}DUDVQKƠKD\OQ1XNK{QJOFKSKD~LQSPWFKLX8
QXOFK
SKDWK~LQSPWFKLXO8
8
/3)OăFWK{QJWKS7ÂQKLXVDXNKLTXD/3)VEÊOăFEƠWQVơFDRYO\
WKQKSKQPWFKLX
.KXFK~LNKXFK~LWÂQKLXPWFKLX~}DWL9&2
9&2OEGDR~QJFĐ~LXNKLQWK{QJWK}đQJ9&2OEWẳNÂFKNKXQJ
GDR~QJPFVRQJVRQJYLPW'LRGHELQGXQJQKđY\PWQVơGDR~QJFĐ
VẳELQ~êL
1OEFKLDFĐKVơFKLDELQWKLzQSKãWKXFOQK~LXNKLQFDQJ}đL
VạGãQJ7XẵWKHRKVơFKLDPWDFĐ~}FJLWUÊIh
7QVơIh~}DTXDNKXFK~L~}DYREWFKVĐQJSKD'3V~}DUD~LQS
8OLWLSWãFPWYÔQJTXD/3).'9&2VOLWRGDR~QJI
hFĐ[XK}QJ
WLQGQYI0ôLYÔQJQK}WK
8V~}F~LXFKQKYNKL~W~}F~ảQJWQVơ
UDIWằFO8 8
8YL
8Fơ~ÊQKWKPQJ[FOS
9LSK}|QJSKSWêQJKSWQVơGQJPFKYÔQJNKRSKDWKV~W~}F
~êQ~ÊQKYFKÂQK[FWQVơUWFDRQJRLUDFÔQFĐWKWRUD~}FFFWQVơOLzQ
WãFWURQJPWGLQR~ĐPE}FQK\SKãWKXFYRKVơFKLD7XẵWKHR\zXFX
FDP\SKWPEWRGDR~QJNK{QJ\zXFXWRUDWQVơFDRELzQ~OQP
FKFQWRUDPWWÂQKLXêQ~ÊQKYFKÂQK[F
wLXFK
/PWTXWUQKJQWÂQKLXWLQWằFYRPWWLWLQ/PWTXWUQKWF
~QJFDWÂQKLX~~LXFKOzQWK{QJVơ~LXFKFDWÂQKLXWLWLQELQ~LQ
WKHRWÂQKLXPDQJWLQWằF
&ĐFFFK~L~LXFK
wLXFKELzQ~
wLXFKWQVơ
wLXFKSKD
&FSK}|QJWKằFVạOWÂQKLX~LXFK
wLXFKFDRWQ~\~
wLXFKFDRWQNK{QJVĐQJPDQJ&Đ}X~LPJLPF{QJVXWSKW[
FKRWKQKSKQVĐQJPDQJ
wLXFKFDRWQ~|QELzQ66%vX ~LPJLPF{QJVXWSKW[FKR
PWEzQELzQWQJLP~UQJExQJWQ
W
I
6DXPLYQJKLWLSWKWQVQvQKKtQ
1KQJSK}|QJWKằFNWKSFDFFSK}|QJWKằFWUzQ9ÂGãQK}~LX
FKFDRWQFĐVĐQJPDQJYLPWELzQWQWUzQ66%l+%wLXFKFDRWQNK{QJ
VĐQJPDQJYLPWELzQWQWUzQ%0l66%l+%
7LQNKXFK~LF{QJVXWYNKXFK~LF{QJVXW
/FFWQJNKXFK~LFDRWQWÂQKLXOQ
&ĐELzQ~WÂQKLXOQWQVơFDRF{QJVXWOQ
7LFDQĐWK}đQJOWLFQJK}QJ
wơL YL WQJ NKXFK ~L F{QJ VXW WK}đQJ GQJ ~Q~LQ WạFÔQ FF WQJ
F{QJVXWQKƠGQJOLQKNLQEQGQ
&K~OPYLF
1ĐFĐWKOPYLFPăLFK~
&K~WĂQK
&K~$*ĐFFW
&K~$%*ĐFFW
&K~%*ĐFFW
&K~&*ĐFFW
&K~$KLXVXWWKSQK}QJNK{QJJy\PRWÂQKLXGR~ĐQĐNK{QJ~}F
VạGãQJWURQJWQJNKXFK~LF{QJVXWOQ&K~%ÂWVạGãQJYNKL~XYR
WKD\~êLPWÂWWKQĐVFKX\QVDQJFK~$Y&GR~ĐNKĐêQ~ÊQK~LPOP
YLF&K~&FĐQKQJ~F~LPSKKSYLWÂQKLXFDRWQELzQ~OQYFKR
KLXVXWFDR
&K~~QJ
&K~NPS7ÂQKLXYRQKƠFK}D[XWKLQGÔQJO}L~ơLYL~Q~LzQ
WạYFK}D[XWKLQGÔQJ,
~ơLYL7UDQ]LWRU
&K~WLKQ%W~X[XWKLQGÔQJO}L~ơLYL~Q~LQWạY[XWKLQ
GÔQJ,
YL7UDQ]LWRU
&K~TXS\X7ÂQKLXYRPQKEW~XJy\PR[XQJGÔQJUD
&K~TXSPQK7ÂQKLXYRTXPQKJy\PROQ[XQJGÔQJUD
1JX\zQOKRW~QJFDWQJNKXFK~LFDRWQ
;W~ơLYL~Q~LQWạ
,
'ÔQJ$QRWWUzQ~Q
,
'ÔQJWUzQNKXQJ
L
L OWKQKSKQSKằF
L
IH H
(
/
5
/
*
&
5
$
.
&
8
/
&
&
&
H 8 8 8 8 FRV
ω
W
8
OWKQKSKQPWFKLz³7KLzQSF´D~Q
H
( l8 (
U
FRV
ω
W
H
O~LQS~QJWUzQ~Q
3&{QJVXWWUzQWL3 ,
f
U
3
&{QJVXWWLzXWQWUzQ$Q¬WF´D~Q3 3 l3
3
&{QJVXWFXQJFSF´D(
w}®QJW±LKQOTµLW¢FKF´DFF~LPOPYLFW±LKQF´D~Q
+LX[XWF´D~Q~}²FW¢QKO
ζ
aa
fa
EI
UI
P
P
.
.
0
0
=
7KQKSKQUDWLFKTXDQWyP~Q[XQJG¤QJ$QRW
&
L
,
H
8
8
8
~}®QJW±LKQ
L
wFWX\QYR
wFWX\QUD
L
4XS\X
&K~OPYLFW±LKQ
4XSPFK
ω
W
*§FFW
θ
'QJ[XQJG¤QJUDF´D~Q~LQW¹
L
L L G¤QJWªQJWUzQ~Q
L
6H 'H l(
6wFWU}QJFKR~G¬F~FWX\QW¢QKF´D~Q
L
6
fg
UD
U
.
−
FRV
ω
WFRV
θ
θ
θω
cos
1
cos
cos
.
max
max
−
−
=
t
i
i
aa
Y±L
gf
gag
UUD
EEDE
−
−+
=
.
'
.
cos
0
θ
wLQSO}±LF´D~Q
9±L'KV¬~FWU}QJFKR~Q
'
' KV¬~FWU}QJFKRO}±L
&K~~LQF´DENKXFK~LFDRWQG³QJ~Q~LQW¹
;F~£QKKV¬V¹G·QJ~LQS
E
U
a
max
=
ξ
9±LFK~F{QJWFOW±LKQ
ath
a
th
ES
I
.
1
−=
ξ
%LzQ~~LQSGDR~QJWUzQWLDQRW
a
tham
E
U
.
ξ
=
&FWKQKSKQG¤QJ~LQ
L
L
QK¥
ω
W
*§FFW
θ
'QJ[XQJG¤QJUDF´D~QEQGQ
L
O±Q
L
TXO±Q
0
'
g
E
3
3
2
2
0
0
'
gggg
EDEDEE
−−=
am
ra
a
U
P
I
.
2
1
=
)
(
1
1
θα
a
am
I
I
=
)
(
.
0
0
θα
ama
II
=
&{QJVXWFXQJFS3
, (
&{QJVXWWªQKDRWUzQDQRWF´D~Q
3
3 l3 3 3 FKRSKS
;F~LQKKLXVXW
0
P
P
ra
=
η
7U¯NKQJ»QJY±LFK~F{QJWFW±LKQ
0
a
am
Eth
I
U
R
=
%LzQ~~LQSN¢FKWK¢FK~XYR
am
am
gm
UD
S
I
U
.
)
cos
1
(
+
−
=
θ
wLQS(
( 8 l'8 FRV
θ
wLQSF¼FWLXYF¼F~LWUzQFFF¼FF´D~Q
8
( 8
8 ( 8
&K~~LQF´DWQJNKXFK~LFDRWQG³QJEQGQ
+V¬V¹G·QJ~LQS»QJY±LFK~F{QJWFW±LKQ
2
21
.).(
8
1
2
1
2
1
ES
P
th
ra
th
θα
ξ
−+=
%LzQ~~LQSWUzQ&ROHFWRU
ccm
E
U
ξ
=
;F~£QKFFWKQKSKQG¤QJ~LQ
cm
ra
c
U
P
I
2
1
=
)
(
1
1
θα
c
cm
I
I
=
)
(
.
0
0
θα
cmc
II
=
;F~£QKF{QJVXW
ccv
EIP
0
=
;F~£QKF{QJVXWWLzXKDR
3
3 l3 <zXFX3 3 FKRSKS
;F~£QKKLXVXW
0
P
P
ra
=
η
;F~£QKWU¯NKQJWL»QJY±LFK~F{QJWFW±LKQ
1
c
cm
tth
I
U
R
=
&FPFKWLS~LQFKRNKXFK~LFDRWQ
<zXFXFKXQJ
w¬LY±LG¤QJFDRWQSKL~LTXDWLPNK{QJ~}²F~LTXDQJX©Qw¬LY±L
G¤QJPWFKLXFK[F~£QKFK~W¡QKF´D~QPNK{QJ~}²FSKS~£LTXDWL~
WUDQKVWªQKDR
&§KDLSK}|QJSKSWLS~LQ
1¬LWLS1JX©QFXQJFSYWL[RD\FKLXQ¬LWLSQKDX
6RQJVRQJQJX©QFXQJFSYWL[RD\FKLXVRQJVRQJQKDX
7LS~LQPFKO}±L~Q~LQW¹
/}±L&KWLSQ¬LY±LWKQKSKQFDRWQYSKL~PERFFWKQKSKQ
[RD\FKLXNK{QJ~}DYQJX©Q
/}±L&K\zXFXY±L WKQKSKQPWFKLXYWULWWLzXWKQKSKQ[RD\
FKLXQzQFQF§V¼WLS~W
/}±L7LS~WFPWFKLXY[RD\FKLX
7LS~LQED]R~¬LY±LWUDQ]LWRU7LS~LQ~¬LY±LWKQKSKQ[RD\FKLXY
NK{QJ~}²F~}DTXDQJX©Q7KQKSKQPWFKLXWRWKLzQSFKR~QF§WKG³QJ
QJX©QQJRLKRFSKyQSW¼FS
0FKJKSNKXFK~LFDRWQ
*KSQ¬LWLS7¢QKLXYR~QOVRQJVRQJQKDXQK}QJW¢QKLXUDWLO
Q¬LWLSQKDX
*KSVRQJVRQJ7¢QKLXYR~QYW¢QKLXUDWLOVRQJVRQJQKDX
w¬LY±LPFKPFQ¬LWLSWKF{QJVXWW}|QJ~}|QJF´DFPFKEQJWªQJ
F{QJVXWF´DFF~Q7URQJPFKPFVRQJVRQJF{QJVXWW}|QJ~}|QJF´DF
PFKQK¥ K|Q WªQJ F{QJ VXWF´DFF ~Q 7KQK SKQ NÀ VLQK WURQJ PFK PF
VRQJVRQJO±QK|QWURQJPFKPFQ¬LWLSGR~§WURQJFFP\SKWWQV¬FDR
G³QJPFKPFQ¬LWLSW¬WK|Q7URQJFFPFKPFQ¬LWLSF§WFG·QJO¨FKL
UWW¬WFKRQzQYQ~O¨FKLWURQJPFKPFQ¬LWLSV~|QJLQK|QVRY±LYQ~
O¨FKLWURQJPFKPFVRQJVRQJ
0FKUDDQWHQD
1KLPY·Y\zXFX
wDQWHQDE»F[W¬WQKWSKLSK¬LK²SW¬WWU¯NKQJUDF´DWQJNKXFK~LF{QJ
VXWY±LWU¯NKQJYRF´DDQWHQD~WªQKDRWUzQDQWHQDOQK¥QKW
0FKUDDQWHQDF§KDLORLOPFKUD~|QJLQYPFKUDSK»FWS
0FKUDDQWHQ~|QJLQOPFKUDF´DENKXFK~LFDRWQJKSY±LDQWHQDFKF§
PW NKXQJ GDR ~QJ &§ KDL ORL PFK UD~|QJLQ O DQWHQD PDQJ W¢QK FP Y
DQWHQDPDQJW¢QKGXQJwKLXVXWE»F[DQWHQDO±QWKSKLJLPQK¥FFWKQK
SKQWªQKDRWUzQNKXQJ+LXVXWF´DDQWHQDKXQK}NK{QJSK·WKXFYRDQWHQD
PFKSK·WKXFYRFFWKQKSKQ~LXFKQKYWKQKSKQJKS7ªQKDRWURQJ
FFWKQKSKQFPO±QK|QWURQJWKQKSKQGXQJ7URQJPFKUD~|QJLQ~O¨F
KLF´DNKXQJSK·WKXF~SKPFKWFFOLQKNLQYY\~SKPFKWFFOLQK
NLQFQJFDRWK~O¨FKLFQJW¬W
0FKUDDQWHQDSK»FWSOORLPFKUDF§QKLXNKXQJGDR~QJJKSY±L
QKDXwFK¨QO¨FF´DPFKUDDQWHQDSK»FWSEQJW¢FK~FK¨QO¨FF´DFFNKXQJ
FQJK}¯QJGR~§WURQJPFKUDDQWHQDSK»FWSF§~FK¨QO¨FW¬WK|QVRY±LPFK
UDDQWHQD~|QJLQQK}QJKLXVXWOLQK¥K|QYF§WªQKDRWURQJFFSKQW¹JKS
&FSK}|QJSKS~LXFK
wLXFKW}|QJW¼
NKzLQLP
wLXFKOTXWUQKWUQWLQW»FFQSKWYRV§QJPDQJFDRWQWLWLQ
3KqQOR{L
7URQJ~LXFKW¢QKLXW}|QJW¼~}²FSKyQUDOPFFORL
wLXELzQKD\~LXFKELzQ~%LzQ~V§QJPDQJVELQWKLzQWKHRWLQ
W»F
wLXWQ~LXFKWQV¬7QV¬V§QJPDQJFDRWQELQWKLzQWKHRWLQW»F
wLXSKD3KDFDVĐQJPDQJFDRWQELQWKLzQWKHRWLQWằF
oLXFKELrQv
wLXFK~|QELzQ
7URQJP\SKW~\~VĐQJPDQJWKQxQJO}QJV~}FGQJ~WUX\Q
WLVĐQJPDQJ9LFWUX\Q~LPWEzQELzQWQKRFFKDLELzQWQVJLLTX\W
YQ~WLWNLPQxQJO}QJYWÂQKLXWLQWằFKDLELzQWQOQK}QKDX
7URQJOĂQKYẳF+QJKLWKYLFWKXSKWFKFQWKẳFKLXELPWELzQWQ
WUzQKRFG}LO~
&ĐWKWKẳFKLQ~LXFK~|QELzQEQJFFSK}|JSKSWUáSKDKRF~LXFK
FyQEQJYWKẳFWWK}đQJGQJ~LXFKFyQEQJGQJ'LRGH9LFQ\VFW
EƠ~}FVĐQJPDQJPWWURQJKDLELzQWQQKđPWPFKOăFWLSWKHRVDXE~LX
FKFyQEQJ~OăFEƠPWELzQ&ÔQVĐQJPDQJEÊWULWWLzXQJD\WURQJPFK
7X\QKLzQYLE~LXELzQFyQEQJWKKLXVXWFDPFKVNK{QJFDRGR
WÂQKLXOPYLFWURQJFKXNẵ7DFĐWKWxQJKLXVXWOzQQKđSK}|QJSKS
~LXELzQFyQEQJYÔQJ~ĐOFFK~XPFWKzPFF'LRGH~EWNẵFKXNẵ
QRWKPFKYQWKẳFKLQ~LXFK
nXvLPFƠDWQKLXvtQELrQNKsQJVQJPDQJ
'R ~|Q ELzQ NK{QJVĐQJ PDQJQzQ V WKXKS ~}FGL WQ GR ~Đ FĐ WK
FKơQJFDQQKLXWơW
+LXVXWP\SKWUWFDRWK{QJWLQWơW
1KuÊFvLP
.WFXWKLWEÊWKXSKằFWSFKGQJFKRWK{QJWLQFKX\zQ
GãQJ
oLXFKWQVYwvLXFKSKD
&FSK}|QJSKS~LXWQ
oLXWQWUFWLS
'QJFFOLQKNLQ~LQNKQJwQ~LQNKQJ9DULFDSPFYRNKXQJ
GDR~QJ.KL~LQNKQJFDFFOLQKNLQELQWKLzQWKWQVơFQJK}QJFàQJ
ELQWKLzQ
oLXFKWQJLzQWLS
w}FWKẳFKLQWK{QJTXD~LXSKD
wLXWQWUẳFWLSFĐ~êQ~ÊQKWQVơWKSK|QVRYL~LXWQJLQWLSQK}QJ
OL~PER~}F~VyX~LXFK
qL
XELtQ
6W
U
&26
W
8
U
&26
W
L
, PFRV
WFRV
W
26&
LXSKD
7FKSKQ
8~LXWQ
7¢QKLX~LXWQ%LXWK»FF´DGDR~QJ~Å~}²F~LXWQ
)
sin
.
cos(
.
)
(
0
1
ϕω
ω
ω
ω
+
∆
+=
ttUt
U
s
s
m
tdt
7URQJ~§
ω
7QV¬WUXQJWyPF´DW¢QKLX~LXELzQ
∆ω
/}²QJGLWQF¼F~L
ϕ
ϕ
W'RNKL~LXWQWKJ§FSKDNK{QJ~ªL
7¢QKLX~LXSKD%LXWK»FW¢QKLX~Å~LXSKD
)
cos
.
cos(
.
)
(
0
1
ϕωϕω
+∆+=
ttUt
U
smtdf
/}²QJGLSKD~W~}²FNKL~LXSKD
∆ϕ
∆ϕ
FRV
ω
W
/}²QJGLWQW}|QJ»QJ
dt
d
)
(
ω
ω
∆
=∆
9O}²QJGLWQO±QQKWNKL~LXSKD
s
dtsm
Uk
ωϕωωω
=∆=∆
6tvvLXWQWKsQJTXDvLXSKD
6tvvLXSKDWKsQJTXDvLXWQ
wLXFKV¬
oWYQv
.¿ WKXW ~LX FKV¬ ~}²F V¹ G·QJ ~ ~LX FK V§QJ PDQJ F§ WK OP ELQ
GQJELzQ~WQV¬KRFSKDF´DV§QJWKQKW¸QJP»FJLQ~RQPFG³F§QKLX
V|~©~LXFKQK}QJYLFSKyQW¢FKFFSK}|QJWK»FQ\WX½WKXFYRGQJ~LX
FKYWFKV§QJ&§KDLORLFK´\XO
/RLNWK²S&RKHUHQW7FKV§QJ~©QJEWK}®QJ~}²FG³QJWURQJ~LX
FKG£FKSKD36.Y±LJLWKLW¯EJLL~LXFKJ§FSKDF´DV§QJPDQJF§TXDQ
KF¬~£QKY±LJ§FSKDV§QJPDQJSK¢DSKW
/RLNK{QJNWK²S1RQFRKHUHQW7FKV§QJ~}®QJEDRV¹G·QJ~WFK
V§QJ~LXFKG£FKELzQ~$6.KRF~LXFKG£FKWQ)6.
7URQJPWP\SKWV¬E~LXFKVS[SFKX«LV¬QK£SKyQWKQKPWE
W}|QJ»QJJ©PPELzQ~V§QJPDQJPSKDV§QJPDQJKRFPGLWQJLQ~RQW¸
WQV¬V§QJPDQJKRFKQK6LQ'R~§F§WK~}DUDGQJNLX~LXFKNKF
QKDX~§O$6.36.)6.
oLXFKNKRzGFKELrQv$6.
6L$ 'L$$&RV
ω
W
'L70»FWK»LF´DGQJV§QJQKLXF§~UQJ7
GW ~LXSKD
7¢QKLX~LXWQ
8
GGW ~LXWQ
7¢QKLX~LXSKD
8
*LVạVơPằFOWÂQKLXQKÊSKyQWKWQVơVĐQJPDQJW}|QJTXDQ~Q~
UQJ7FDGQJVĐQJYX{QJQKÊSKyQQK}VDX
T
n
2
0
=
'R~ĐPW~F{QJVXW
+
+
+
+++=
)
(
)
(
)
(
)
(
)
(
)
(
16
0
2
0
2
0
2
0
2
0
0
2
0
ffT
ffTSin
ffT
ffTSin
ffff
A
PSD
ASK
1XVạGãQJEOăFW}|QJ~}|QJ
+=
Tf
TfSin
f
A
PSD
ASK
2
2
2
0
)
(
16
'QJSKê
oLXFKNKRzGFKWQV)6.
%LXWKằFWêQJTXW
6W $WFRV
+D\
6W $
&RV
W
L
ữ
0
06PơFFƠDWQKLXvLXFK
7QVơWằFWKđLVĐQJPDQJ
1XWÂQKLXFĐ0PằF
FĐPằFVĐQJPDQJ
7URQJ~LXFK)6.WK&RVWKD\~êLFÔQ$WNK{QJ~êL
9LJLWKLW
I
!
!
9
9
9