Bài giảng về hiệp định đầu tư quốc tế

!"#$%&'()'"*+,' %"'-/0'1#'203!'14'
•  !"#$%&'($)*$%+%$, /$&0#&$1123$%&4$567$(89#$(&6$:/;/$
•  <=/$>7#:?$%+%$@/A7$B&-"#$%&4$567$%4C$1123$
•  DC/$(8E$%4C$)/F%$(&CG$:/C$BH$B6($$1123$
•  I7$&J;#:$K&+($(8/L#$:M#$@N5$%4C$%+%$, /$&0#&$1123$$
•  OP$$@"G$Q"-$:R#$B6($:/SC$%+%$GT%$U97$K&+($(8/L#V$%+%$
%&W#&$3+%&$X7Y%$:/C$)*$%+%$%CG$B6($X7Y%$(6$
$
Z$
(565'789:';:<='":<>'?@;8'?AB'CD'EBFG'CH'
[/FK$@\#&$@M7$(J$X7Y%$(6$]$1123$!"#$%&#'()#'*+"#,%-$.%#$+
/0&%%.%#$-1$,*$%+%$(&-"$(&7^#$:/SC$%+%$#J;%$@A$%^K$@6#$
#&/A7$)'#$@A$,/9#$X7C#$@6#$@M7$(J$X7Y%$(6$)*$@/A7$%&_#&$
& ($@=#:$#*5V$(8-#:$@`$%`$ab1c$1123$(&Jd#:$@Je%$+K$>T#:$
@Y/$);/$& ($@=#:$@M7$(J$(89#$,f#&$(&g$%4C$G=($X7Y%$:/C$>-$
%+%$#&*$@M7$(J$%4C$X7Y%$:/C$B&+%$U6#$&*#&V$%+%$X75$@\#&$G*$
%&h#:$(&/6($,^K$%`$"#&$&Ji#:$@6#$#&*$@M7$(J$B&/$U6#$&*#&$
@M7$(J$(./$X7Y%$:/C$B&+%V$#J;%$%&4$@M7$(J$)*$#J;%$%&4$#&*$
#j/$& ($@=#:$@M7$(J$>/k#$8C$$
l$
'
'
Vai$trò$của$việc$kí$kết$IIA:$$
m/hK$%&-$%+%$#J;%$U6K$#&^#$@M7$(J$%`$B&"$#n#:$(&7$&h($)*$3o$
>T#:$%`$&/F7$X7"$%+%$#:7p#$)Y#$@M7$(J$(8P%$U6K$#J;%$#:-*/$
(&q#:$X7C$(&P%$&/F#$&*#:$, ($%+%$Q/F#$K&+K$&r$(8e$(&h%$@s5$
@M7$(Jc$$
$
t$
uT$(&LV$112$3vw$
•  T $,^K$B&7#:$K&+K$,H$,/9#$X7C#$@6#$& ($@=#:$ab1$&-*#$(&/F#$

&j#V$(x$@`$(n#:$y#&$&'K$>z#$%4C$Gq/$(8Jd#:$@M7$(Jc${Y/$);/$
%+%$%&4$@M7$(J$#J;%$#:-*/V$1123$%&4$567$( $8C$#&S#:$X75$
@\#&$G/#&$Q.%&V$g#$@\#&$&j#$)*$C#$(-*#$&j#$@Y/$);/$& ($
@=#:$ab1$(./$#J;%$#&^#$@M7$(JV$:/"G$3P$%"#$(8i$@Y/$);/$>E#:$
)Y#$ab1$(8-#:$(Jj#:$,C/c$
•  T $,^K$@Je%$3P$U#$(Ji#:$%4C$%+%$>-C#&$#:&/FK$#J;%$#:-*/$
B&/$U6#$&*#&$@M7$(J$(./$#J;%$U6K$#&^#V$@N5$%&W#&$,*$567$(Y$
(NG$,H$X7C#$(8|#:$@Y/$);/$#&S#:$X756($@\#&$@M7$(Jc$
•  Hr$(8e$& ($@=#:$B/#&$>-C#&$%4C$%&4$@M7$(J$#J;%$#:-*/$
(&q#:$X7C$#&S#:$B&756#$B&W%&$&C5$J7$@f/$@M7$(J$$
}$
(5I5'%J:'KB;L'":<>'?@;8'?AB'CD'EBFG'CH'
u+%$@/A7$B&-"#$%4C$1123$K&"/$@Je%$3 #$(&"-$K&~$&eK$);/$%&W#&$
3+%&$)*$K&+K$,7^($%4C$%+%$#J;%$BH$B6(c$<&S#:$@/A7$B&-"#$%4C$1123$
(^K$(87#:$)*-$&C/$)'#$@A$%j$Q"#$3C7$@N5$#
•  Một#làV$#&S#:$@/A7$B&-"#$#&•G$GT%$@W%&$tự$do$hoá$@M7$(JV$
:/"G$&-€%$, /$Q•$>M#$%+%$Q/F#$K&+K$&.#$%&6$& ($@=#:$%4C$%+%$
>-C#&$#:&/FK$ab1V$‚-+$Q•$3P$K&N#$Q/F($@Y/$‚o$@Y/$);/$%+%$>-C#&$
#:&/FK$#J;%$#:-*/$)*$(&h%$@s5$3P$)^#$&*#&$@h#:$&J;#:$%4C$(&\$
(8Jd#:c$$
•  Hai#làV$#&S#:$@/A7$B&-"#$#&•G$GT%$@W%&$bảo$hộ$các$nhà$đầu$
tư$nước$ngoàic$!9#$%.#&$@`V$G=($3Y$112$%E#$@A$%^K$#&S#:$)'#$
@A$B&q#:$@Je%$%-/$,*$(8|#:$(NG$#&J#:$%`$,/9#$X7C#$@6#$& ($
@=#:$ab1V$)W$>T$#&J$)'#$@A$@+#&$(&76V$Gq/$(8Jd#:V$)/F%$,*G$)*$
,C-$@=#:$$
ƒ$
[/FK$@\#&${M7$(J$„7Y%$(6$(&q#:$(&Jd#:$$QC-$:pG$#&S#:$
#=/$>7#:$%T$(&L$3C7w$
•  {\#&$#:&…C$@M7$(J$)*$#&*$@M7$(J$
•  u+%$@/A7$B&-"#$#&•G$GT%$@W%&$(P$>-$&`C$@M7$(JV$X7/$

@\#&$+K$>T#:$@Y/$‚o$(Y/$&7F$X7Y%$†‡a<ˆV$@Y/$‚o$X7Y%$:/C$
†<‰ˆ$)*$@Y/$‚o$%q#:$Q•#:$)*$(&-"$@+#:$@Y/$);/$%+%$& ($
@=#:$%4C$%+%$>-C#&$#:&/FK$#J;%$#:-*/$$
•  u+%$@/A7$B&-"#$#&•G$GT%$@W%&$Q"-$&=$@M7$(J$$
$
Š$
u+%$@/A7$B&-"#$#&•G$GT%$@W%&$Q"-$&=$@M7$(J$:pGw$
! „7Y%$&S7$&-+$)*$(8J#:$(&7$(*/$3"#$†<CU-#C,/‹CU-#$C#>$
Œ‚K8-K8/CU-#c$$
!•#:$%+%&$(&/6($,^K$G=($3Y$U97$%&7s#V$@/A7$B&-"#$#*5$:/;/$
&.#$X75A#$,P%$%4C$#&*$#J;%$(8-#:$)/F%$(J;%$@ ($X75A#$3i$
&S7$%4C$%+%$#&*$@M7$(J$#J;%$#:-*/c${/A7$B/F#$@L$G=($&*#&$)/$
(J;%$@ ($X75A#$3i$&S7$@Je%$%-/$,*$&eK$K&+K$(&Œ-$,7^($K&+K$
X7Y%$(6$K&"/$(&-"$Gf#$}$@/A7$B/F#w$)/F%$(J;%$@ ($X75A#$3i$
&S7$)0$GT%$@W%&$%q#:$%=#:•$B&q#:$K&N#$Q/F($@Y/$‚o•$%`$Qp/$
(&Jd#:$)*$)/F%$(J;%$@ ($X75A#$3i$&S7$K&"/$(7N#$(&Œ-$Žthủ#
tục#hợp#lệ•$$
•$
! {/A7$B&-"#$)A$%&75L#$UA#$8C$#J;%$#:-*/w$@"G$Q"-$%&-$
#&*$@M7$(J$#J;%$#:-*/$@Je%$&Ji#:$,e/$#&7^#$(x$(&*#&$
%q#:$%4C$& ($@=#:$@M7$(J$$
! {/A7$B&-"#$$)A$:/"/$X756($(8C#&$%&'K$†b/3K7(Œ$
3Œ‘,ŒGŒ#(ˆc$‰8J;%$@N5V$(8C#&$%&'K$:/SC$#&*$@M7$(J$#J;%$
#:-*/$)*$#J;%$U6K$#&^#$@M7$(J$,7q#$@Je%$:/"/$X756($(./$
(-*$+#$%4C$#J;%$U6K$#&^#$@M7$(J$)*$(&Œ-$,7^($%4C$#J;%$
U6K$#&^#$@M7$(J$"$Q'($@p#:$:/SC$%+%$Q9#c$[/F#$#C5V$&M7$
&6($1123$@A7$:&/$#&^#$%+%$@/A7$B&-"#$%&-$K&’K$:/"/$X756($
(8C#&$%&'K$(&Œ-$%j$%&6$(8|#:$(*/$X7Y%$(6$$
$
“$

(5M5',8N;'OPQ:'":<>'?@;8'-121'
I’($)A$)'#$@A$G*$[/FK$@\#&$@/A7$%&_#&V$112$@Je%$K&N#$(&*#&w$
•  [/FK$@\#&$X7Y%$(6$>*#&$%&-$@M7$(Jc$<`$(&L$&/F#$i$QC$%'K$
@=$,*$&/FK$@\#&$@M7$(J$@C$K&Jj#:V$B&7$)P%$)*$3-#:$
K&Jj#:$$
•  u+%$(&-"$(&7^#$X7Y%$(6$B&+%$%`$,/9#$X7C#$@6#$@M7$(Jc$D>w$
%+%$(&-"$(&7^#$3-#:$K&Jj#:$(8-#:$%+%$,…#&$)P%$,/9#$X7C#$
@6#$@M7$(J$#&J$&/FK$@\#&$(8+#&$@+#&$(&76$&C/$,M#$†b‰‰3ˆ•$
%+%$(&-"$(&7^#$3-#:$K&Jj#:$&-€%$B&7$)P%$@/A7$%&_#&$%+%$
,…#&$)P%$8=#:V$(8-#:$@`$%`$@M7$(JV$)>$%+%$(&-"$(&7^#$)A$&=/$
#&^K$B/#&$(6$†”123ˆc$u7Y/$%~#:V$,*$%+%$(&-"$(&7^#$@C$
K&Jj#:$)A$%+%$,…#&$)P%$%T$(&LV$)W$>T$#&J$&/FK$@\#&$‰•1‡$
%4C$–‰—$&C5$[/6#$%&Jj#:$<n#:$,Je#:$$
$
˜$
(5M565'":<>'?@;8'?AB'CD'?R'>8DS;L'(Multilateral*
Agreement*on*Investment3*MAI)'
•  [/FK$@\#&$@M7$(J$@C$K&Jj#:$,*$&/FK$@\#&$@Je%$BH$B6($:/SC$%+%$
%&W#&$K&4$%4C$G=($#&`G$#J;%$);/$#&C7V$B&q#:$:/;/$&.#$%&-$
%+%$#J;%$&C5$%+%$B&7$)P%$%T$(&L$#*-$)*$%`$(&L$B6($#.K$('($%"$
%+%$Q9#$);/$@/A7$B/F#$%&'K$#&^#$%+%$X75$@\#&$%4C$(&-"$(&7^#c$
"$(&L$&/F#$X7+$(80#&$(P$>-$&-+$@M7$(J$i$%'K$@=$@C$K&Jj#:$
•  $‰75$#&/9#V$)0$K&"/$@.($@Je%$3P$#&'($(8W$:/SC$3Y$,Je#:$,;#$%+%$
X7Y%$:/CV$);/$%+%$,e/$W%&$)*$%&W#&$3+%&$B&+%$#&C7$)A$ab1V$%+%$
&/FK$@\#&$@C$K&Jj#:$)A$ab1$B&`$@Je%$(&q#:$X7CV$>-$@`$B&q#:$
%`$&/F7$,P%c$[/F#$#C5V$B&q#:$%`$(&-"$(&7^#$%`$:/+$(8\$#*-$%&_$
@/A7$%&_#&$@M7$(JV$G€%$>~$@f$%`$#&/A7$3+#:$B/6#$)A$)'#$@A$
#*5c$DW$>T$#&J$(&-"$(&7^#$@C$K&Jj#:$)A$@M7$(J$†‡21ˆ$%4C$
—”ubc$$
•  [/F#$#C5$%&_$%`$G=($3Y$&/FK$@\#&$%4C$–‰—$%`$,/9#$X7C#$(8P%$

U6K$&-€%$:/+#$U6K$@6#$ab1$#&J$[1FK$@\#&$‰•1‡3V$‰•1™3$m2‰O$
Zš$
(5M5I5'":<>'?@;8'?AB'CD'T8B'UVG'(Regional*
Investment*Agreements)**
•  u+%$&/FK$@\#&$@M7$(J$B&7$)P%$(&Jd#:$:R#$,/A#$);/$U6#$(80#&$&=/$#&^K$
B/#&$(6$i$%+%$B&7$)P%V$>-$@`$%+%$&/FK$@\#&$(&Œ-$B/L7$#*5$(&Jd#:$@.($
@Je%$3P$(&Y#:$#&'($)*$&eK$(+%$8'($%C-$:/SC$%+%$(&*#&$)/9#c$$
•  <&S#:$#=/$>7#:$%4C$(P$>-$&-+$@M7$(J$(&Jd#:$@Je%$:R#$B6($);/$%+%$
%&Jj#:$(80#&$,/9#$B6($B&7$)P%$#&J$%&Jj#:$(80#&$,/9#$B6($%4C$”›V$
[/FK$@\#&$@M7$(J$:/SC$%+%$X7Y%$:/C$,/9#$G/#&$%&N7$œ7c$u`$#&S#:$B&7$
)P%$%`$&/FK$@\#&$)A$@M7$(J$8/9#:$#&J$[/FK$@\#&$B&7#:$)A$(&/6($,^K$
•&7$)P%$@M7$(J$%&7#:$2O”2<V$%E#$(8-#:$B&7q#$B&g$2™”u$%`$%&Jj#:$
ž#&$(&7^#$,e/$&-+$@M7$(J$
•  I7$&J;#:$&/F#$#C5$,*$&J;#:$(;/$%+%$&/FK$@\#&$B&7$)P%$(-*#$>/F#$QC-$
:pG$%"$%+%$@/A7$B&-"#$,/9#$X7C#$@6#$%"$(&Jj#:$G./$)*$@M7$(JV$(&^G$
%&W$%Ÿ#:$Gi$8=#:$@Y/$);/$,…#&$)P%$>\%&$)TV$X75A#$3i$&S7$(8W$(7F$)*$
%.#&$(8C#&c$[j#$#SCV$K&M#$,;#$%+%$&/FK$@\#&$(&Jj#:$G./$(P$>-$B&7$
)P%$%Ÿ#:$,*$%+%$&/FK$@\#&$@M7$(J$(P$>-c$‡T%$U97$%&7#:$,*$( $8C$
B&7q#$B&g$(&Jj#:$G./$)*$@M7$(J$(&7^#$,e/$&j#$
ZZ$
(5M5M5'":<>'?@;8'?AB'CD'WP;L'>8DS;L'(Bilateral*
Investment*Treaties*3*BITs)'
!
•  Khái$niệmw$[/FK$@\#&$@M7$(J$3-#:$K&Jj#:$,*$(&-"$(&7^#$
@Je%$BH$B6($:/SC$&C/$X7Y%$:/CV$#J;%$@M7$(J$)*$#J;%$#&^#$
@M7$(JV$#&•G$B&756#$B&W%&V$‚h%$U6#$)*$Q"-$&=$@M7$(J$
(89#$,f#&$(&g$%4C$#&C7c$$
Zl$
%J:'KB;L'X'-:YB'T8PZ;'G8['\HB'
™&.G$)/$)*$#=/$>7#:$%4C$!1‰3$@Je%$U97$%&7s#$&-+V$:pG$%+%$#=/$

>7#:$%j$Q"#$3C7w$
•  I+%$@\#&$@Y/$(Je#:$@M7$(J$,*$%+%$(*/$3"#$&S7$&0#&$)*$)q$&0#&$
@C#:$(p#$(./$&-€%$%`$(&L$@Je%$( $8C$(8-#:$(Jj#:$,C/c$•&+/$
#/FG$Ž@M7$(J•$@Je%$@\#&$#:&…C$8'($8=#:$)*$%E#$@L$Gi$@L$%`$
(&L$@JC$)*-$#&S#:$&0#&$(& %$@M7$(J$#J;%$#:-*/$G;/c$
•  •&756#$B&W%&$@M7$(J$)*-$%+%$,…#&$)P%$%4C$#A#$B/#&$(6$
•  {"G$Q"-$(&P%$&/F#$%+%$#:759#$(R%$B&q#:$K&N#$Q/F($@Y/$‚o$
†<‰V$‡a<ˆc$D/F%$X75$@\#&$%&6$@=$Ž@Y/$‚o$%q#:$Q•#:$)*$(&-"$
@+#:•$(&Jd#:$@Je%$‚+%$@\#&$Qi/$%+%$%&7s#$GP%$%T$(&L$&j#V$
X75$@\#&$(8+%&$#&/FG$(7N#$(&4$%+%$%CG$B6($@Y/$);/$@M7$(J$
•  •&/$%`$#&/A7$%+%$&/FK$@\#&V$%&W#&$3+%&V$,7^($K&+K$,/9#$X7C#$
@6#$@M7$(J$#J;%$#:-*/$(&0$3v$J7$U9#$+K$>T#:$#&S#:$@/A7$
B&-"#$%`$,e/$#&'($%&-$%+%$#&*$@M7$(J$$
Zt$
•  •&q#:$(\%&$(&7V$X7Y%$&S7$&-+$(*/$3"#$&eK$K&+K$%4C$%+%$#&*$
@M7$(J$#J;%$#:-*/c$„75$@\#&$X75A#$%4C$#J;%$U6K$#&^#$@M7$
(J$@Je%$X7Y%$&S7$&-+$&-€%$(8J#:$(&7$(*/$3"#$%4C$#&*$@M7$(J$
#J;%$#:-*/V$);/$@/A7$B/F#$)/F%$X7Y%$&S7$&-+$&-€%$(8J#:$(&7$)0$
,e/$W%&$%q#:$%=#:V$B&q#:$K&N#$Q/F($@Y/$‚oV$(&Œ-$(&4$(T%$&eK$,F$
)*$K&"/$@Je%$Qp/$(&Jd#:c$$
•  ‰ $@/A7$B/F#$(&7^#$,e/$%&-$%+%$#&*$@M7$(J$%&75L#$)Y#V$(*/$3"#$
&eK$K&+K$%4C$G0#&$)A$#J;%c${"G$Q"-$X75A#$%4C$#&*$@M7$(J$
#J;%$#:-*/$@Je%$%&75L#$UA#$8C$#J;%$#:-*/c$‰75$#&/9#V$#: /$
,F$@Je%$+K$>T#:$(8-#:$%+%$:/C/$@ #$G*$>P$(8S$#: /$(F$%4C$
#J;%$U6K$#&^#$@M7$(J$i$G %$(&'Kc$
•  m/"/$X756($(8C#&$%&'K$K&+($3/#&$K&~$&eK$);/$K&+K$,7^($%4C$&C/$
#J;%c$„75$@\#&$)A$:/"1$X756($(8C#&$%&'K$,/9#$X7C#$@6#$ab1$
Z}$
]B'8D^;L'G8_;8'G[R'`*1W'Ca';b='6ccd'?H;';R\''
•  OY$,Je#:$!1‰3$@Je%$BW$B6($(n#:$#&C#&c$<nG$Z˜˜šV$3Y$,Je#:$

!1‰3$@Je%$BH$B6($G;/$%`$t“ƒV$(&0$#nG$lššš$@f$@.($(;/$%-#$
3Y$Zc˜t˜$&/FK$@\#&$)*$@6#$%7Y/$#nG$lššƒ$,*$lc}˜“c$"$(8-#:$
)E#:$Zƒ$#nG$(x$Z˜˜š$@6#$lššƒV$3Y$,Je#:$!1‰3$@f$(n#:$:'K$
•$,M#$
•  {€%$@/LG$#g/$Q^($%4C$!1‰3$&/F#$@./$,*$%&_$:/"/$X756($%+%$)'#$
@A$,/9#$X7C#$@6#$%&'K$(&7^#V$@Y/$‚o$)*$Q"-$&=$@M7$(J$
#J;%$#:-*/c$$
•  {C$3Y$!1‰3$@f$@Je%$BH$B6($:/SCw$#J;%$K&+($(8/L#$¡$#J;%$
@C#:$K&+($(8/L#?$#A#$B/#&$(6$%&75L#$@g/•$&-€%$:/SC$%+%$
#J;%$@C#:$K&+($(8/L#$¡$%+%$#A#$B/#&$(6$%&75L#$@g/$);/$
#&C7c$!1‰3$&/6G$B&/$@Je%$BH$B6($:/SC$%+%$#J;%$K&+($(8/L#c$$
Zƒ$
(5M5e5'":<>'?@;8'Cf9;8'?9;8'C8BH'I'OA;'ghPBiOjk
1RlRC:P;'1fjRC\'X'h11m'
•  ¢*$)n#$B/F#$K&+K$,H$3-#:$K&Jj#:$
•  {JC$8C$(8-#:$G=($B&7q#$B&g$@L$%+%$#J;%$K&N#$%&/C$%+%$
X75A#$,e/$)A$(&76$(x$%+%$@Y/$(Je#:$#=K$(&76$& ($@=#:$
X7C$Q/9#$:/;/$
•  u`$(&L$%`$%+%$@/A7$B&-"#$‚`C$Q•$8*-$%"#$);/$>E#:$,7N#$
%&75L#$&*#:$&`CV$)Y#V$%q#:$#:&F£$:/SC$%+%$X7Y%$:/C$
ZŠ$
b‰‰$(&Jd#:$>~#:$Gz7$%4C$—”ub$
•  u&Jj#:$Zw$™&.G$)/$+K$>T#:$%4C$[/FK$@\#&$
•  u&Jj#:$lw$u+%$@\#&$#:&…C$
•  u&Jj#:$tw$‰&76$@+#&$(89#$(&7$#&^K$
•  u&Jj#:$}w$‰&76$@+#&$(89#$(*/$3"#$
•  u&Jj#:$ƒw$u+%$Q/F#$K&+K$(8+#&$@+#&$(&76$l$,M#$†Q/F#$
K&+K$G/k#V$Q/F#$K&+K$(8xˆ$
•  u&Jj#:$Šw$u+%$@/A7$B&-"#$@€%$Q/F($
$

Z•$
(5e5']B'8D^;L'G[R'**nW'
•  OY$,Je#:$1123$@C#:$%`$‚7$&J;#:$#:*5$%*#:$:/C$(n#:$$
•  1123$#:*5$%*#:$@C$>.#:$&j#$)A$X75$GqV$%+%&$U6K$%^#$)*$
#=/$>7#:c$[j#$(&6V$1123$#:*5$%*#:$@/A7$%&_#&$#&/A7$:/C-$
>\%&$B/#&$(6$&j#V$QC-$:pG$(&Jj#:$G./$&*#:$&-+$)*$>\%&$
)TV$@M7$(J$)*$>E#:$%&"5$)Y#V$%Ÿ#:$#&J$3P$>\%&$%&75L#$%4C$
,C-$@=#:Vccc$$
•  u*#:$@/A7$%&_#&$#&/A7$)'#$@AV$%+%$(&-"$(&7^#$%*#:$K& %$
(.K$)*$%*#:$%`$#&/A7$#:75$%j$%&p#:$%&’-$)*$B&q#:$(&Y#:$
#&'($:/SC$%+%$@/A7$B&-"#c$<:-*/$8CV$3P$@C$>.#:$%4C$%+%$
(&-"$(&7^#$#*5$(&L$&/F#$%j$&=/$(&P%$&/F#$%&h#:$Q•#:$
#&S#:$K&Jj#:$K&+K$B&+%$#&C7$#&•G$(n#:$%Jd#:$%+%$
>E#:$%&"5$@M7$(J$X7Y%$(6$$
Z“$
•  OY$,Je#:$%+%$&/FK$@\#&$@M7$(J$3-#:$K&Jj#:$†!1‰3ˆ$%Ÿ#:$#&J$
&/FK$@\#&$(8+#&$@+#&$(&76$(8~#:$†b‰‰3ˆ$U6K$(T%$@Je%$Gi$
8=#:c$!9#$%.#&$@`V$%+%$X75$@\#&$@M7$(J$X7Y%$(6$@C#:$#:*5$
%*#:$@Je%$(&L$&/F#$#&J$G=($K&M#$%4C$%+%$(&-"$(&7^#$@/A7$
%&_#&$%+%$)'#$@A$8=#:$&j#$†QC-$:pG$(&Jj#:$G./$&*#:$&-+$
>\%&$)T$)*$%+%$#&N#$(Y$3"#$‚7'($B&+%ˆ$$
•  D/F%$(+/$@*G$K&+#$)*$BW$B6($%+%$112$#`/$%&7#:$)*$!1‰$#`/$8/9#:$,*$
B&+$K&g$Q/6#$"$B&7#:$X7Y%$(6$)A$)A$%+%$X75$@\#&$@M7$(J$U6K$
(T%$Gi$8=#:$(89#$%+%$G %$@=$3-#:$K&Jj#:V$UL7$B&7$)P%V$B&7$
)P%$)*$#=/$B&7$)P%$"$&F$(&Y#:$%+%$(&-"$(&7^#$@M7$(J$&/F#$
#C5$3v$(8i$#9#$K& %$(.K$&j#$(8-#:$(Jj#:$,C/V$,*G$:/C$(n#:$B&"$
#n#:$‚7#:$@=($%+%$X75$@\#&$)*$(8C#&$%&'K$@M7$(JV$@p#:$(&d/V$
(n#:$%&/$K&W$(7N#$(&4$(&Œ-$%+%$X75$@\#&$%4C$%"$%&W#&$K&4$)*$
>-C#&$#:&/FK$%4C$%+%$Q9#$(&CG$:/C$(&-"$(&7^#$$
Z˜$

(5(5'!9G'?:o='GA;'ODB'p'T8:'C8R='L:R'**nW'
Đảm$bảo$sự$gắn$kết$của$các$khía$cạnh$chính$sách$đầu$tư$
quốc$gia$và$quốc$tế:$
•  ‰/6#$&*#&$%+%$%CG$B6($X7Y%$(6$(8-#:$1123$%Ÿ#:$597$%M7$
@\#&$&J;#:$%&W#&$3+%&$QA#$)S#:w$GT%$U97$%&W#&$3+%&$g#$
@\#&$)*$8¤$8*#:V$%+%$%&/6#$,Je%$(Jj#:$(&W%&$);/$%+%$GT%$
U97$#*5$)*$);/$#&C7V$B6$& %&$)*$Q/F#$K&+K$(&P%$&/F#$
GC#:$y#&$(&P%$Uk#c$OP$:R#$B6($:/SC$%+%$X7C#$@/LG$
%&W#&$3+%&$i$%'K$@=$X7Y%$:/C$)*$X7Y%$(6$3v$:/hK$(8+#&$
#&S#:$GN7$(&7z#$%`$(&L$‚"5$8C$
lš$
•  ™&"/$@"G$Q"-$3P$:R#$B6($:/SC$%+%$(&-"$(&7^#$X7Y%$(6$G*$
G=($X7Y%$:/C$BH$B6(c$•&/$%+%$Q9#$(&CG$:/C$)*-$#&/A7$(&-"$
(&7^#V$%+%$@/A7$B&-"#$(Jj#:$ #:$%4C$%&h#:$3v$(Jj#:$
(+%V$Qg$37#:V$X75$@\#&$%&/$U6(V$Gi$8=#:$&C5$&.#$%&6$%+%$
#:&…C$)T$%4C$%+%$Q9#$"%M#$@"G$Q"-$8•#:$%+%$U97$%&7s#V$
#: /$,F$)*$%+%$)'#$@A$(Jj#:$(P$G*$%+%$Q9#$žG$B/6G$@L$
@*G$K&+#$(8-#:$%+%$(&-"$(&7^#$B&q#:$Q\$(&C5$@g/$&-€%$Q\$
"#&$&Ji#:$Qi/$%+%$(&-"$(&7^#$B&+%$(&Œ-$%+%&$Q'($,e/$
lZ$
•  @"G$Q"-$3P$:R#$B6($%Ÿ#:$,*$G=($(&+%&$(& %$@Y/$);/$%+%$
%&W#&$3+%&$X7Y%$:/C$)*$%+%$%7=%$@*G$K&+#$X7Y%$(6$(8-#:$
(Jj#:$,C/c$u+%$X7Y%$:/C$%`$(&L$3o$>T#:$%+%$Q*/$&|%$(x$)/F%$
(&P%$&/F#$1123$@L$,*G$8¤$&j#$)*$%4#:$%Y$X7C#$@/LG$%&W#&$
3+%&$%4C$G0#&$(8-#:$%+%$@/A7$J;%$G;/c$u+%$X7Y%$:/C$%Ÿ#:$
%`$(&L$&|%$(x$B/#&$#:&/FG$%4C$%+%$#J;%$B&+%V$(&q#:$X7C$
)/F%$:/+G$3+($#&S#:$U6#$(8/L#$(8-#:$B&7#:$%&W#&$3+%&$
X7Y%$)A$@M7$(J$$
ll$
Đối$với$các$nước$đang$phát$triển$khi$tham$gia$IIAs$$

‰&+%&$(& %w$>75$(80$B&7#:$%&W#&$3+%&$&/F7$X7"$#&•G$( $%&-$
%+%$%&W#&$K&4$3P$,/#&$& ($(8-#:$)/F%$3o$>T#:$%+%$%&W#&$3+%&$
@`$(8-#:$B&7q#$B&g$#&S#:$#:&…C$)T$@Je%$(&/6($,^K$Qi/$1123$G*$
%+%$X7Y%$:/C$#*5$,*$(&*#&$)/9#$$
•  ‰0G$8C$3P$%N#$Q•#:$)A$@\#&$&J;#:$K&+($(8/L#$,*$(&+%&$(& %$
@Y/$);/$%+%$GT%$U97V$B6($%'7V$&/F7$,P%$)*$#=/$>7#:$%4C$1123c$$
•  %+%$X7Y%$:/C$@C#:$K&+($(8/L#$%M#$K&"/$>75$(80$G=($3P$%N#$
Q•#:$:/SC$%+%$,e/$W%&$)*$J7$U9#$B&+%$#&C7$%4C$%+%$X7Y%$:/C$
@*G$K&+#$);/$G0#&$)*$%+%$GT%$U97$K&+($(8/L#$(8-#:$B&7#:$
%&W#&$3+%&$X7Y%$:/C$%4C$G0#&c$<`/$%+%&$B&+%V$%+%$X7Y%$:/C$
@C#:$K&+($(8/L#$K&"/$@Y/$G€($);/$(&+%&$(& %$>75$(80$X75A#$
@/A7$%&_#&$Q•#:$%&W#&$3+%&$@p#:$(&d/$);/$)/F%$( $8C$%+%$@/A7$
B/F#$(&7^#$,e/$%&-$(&7$&h($ab1$$
lt$