Sectors & Trades banned from Business Investment
Sectors and trades banned from business investment include:
– Trading in narcotics as prescribed in Appendix 1 to the Investment Law.
– Trading in chemicals and minerals specified in Appendix 2 of the Investment Law
– Trade-in specimens of wild flora and fauna specified in Appendix 1 to the Convention on International Trade in Endangered Species of Wild Plants and Animals; specimens of endangered rare and precious wild fauna and flora in Group I originating from the wild according to the provisions in Appendix 3 of this Law;
(The production and use of the above products in analysis, testing, scientific research, healthcare, pharmaceutical production, crime investigation, defense, and security protection comply with the Government’s regulations. covered).
– Commercial prostitution;
– Buying and selling people, human tissues, organs;
– Business activities related to human cloning.
Sectors and Trades Subject to Conditional Business Investment
Sectors and trades subject to conditional business investment are the ones in which the business investment in that line must satisfy the conditions for reasons of national defense, security, order and safety. social, social ethics, community health.
The list of sectors and trades subject to conditional business investment is specified in Appendix 4 to the Investment Law as follows:
LIST OF SECTORS AND TRADES SUBJECT TO CONDITIONAL BUSINESS INVESTMENT
No. |
Sectors and trades |
1 |
Making seals |
2 |
Trading in supporting tools (including also repair services) |
3 |
Trading in firecrackers |
4 |
Pawn services |
5 |
Massage services |
6 |
Trading in signaling devices of priority vehicles |
7 |
Security services |
8 |
Trading in paintball guns |
9 |
Practicing law |
10 |
Practicing notary public profession |
11 |
Practicing the profession of judicial examination in the fields of finance, banking, construction, antiques, relics and copyright |
12 |
Practicing the profession of property auctioneer |
13 |
Services provided by commercial arbitrations |
14 |
Practicing the profession of bailiff |
15 |
Practicing the profession of property administrator |
16 |
Accounting services |
17 |
Auditing services |
18 |
Tax procedure completion services |
19 |
Customs clearance services |
20 |
Trading in duty-free goods |
21 |
Bonded warehouse services |
22 |
Inland cargo consolidation services |
23 |
Storage and customs clearance services inside and outside border gates |
24 |
Securities trading |
25 |
Provision of securities registration, depository, clearing and payment services by the securities depository center/organization of exchanges for listed securities and securities of other types |
26 |
Insurance business |
27 |
Re-insurance business |
28 |
Insurance brokerage |
29 |
Insurance agency |
30 |
Insurance agent training services |
31 |
Price appraisal services |
32 |
Consultancy services for enterprise valuation for equitization |
33 |
Lottery business |
34 |
Prize-winning electronic games for foreigners |
35 |
Debt collection services |
36 |
Debt trading services |
37 |
Credit rating services |
38 |
Casino business |
39 |
Betting business |
40 |
Voluntary pension fund management services |
41 |
Petrol and oil trading |
42 |
Gas trading |
43 |
Commercial assessment services |
44 |
Trading in industrial explosives (including also explosive destruction services) |
45 |
Trading in explosive precursors |
46 |
Dealing in sectors and trades involving the use of industrial explosives and explosive precursors |
47 |
Blasting services |
48 |
Trading in chemicals, except those banned under the International Convention on the Prohibition of the Development, Production, Stockpiling and Use of Chemical Weapons and their Destruction |
49 |
Trading in inorganic fertilizers |
50 |
Trading in liquors |
51 |
Trading in tobacco products, tobacco materials or machinery and equipment of the tobacco industry |
52 |
Operation of goods exchanges |
53 |
Electricity generation, transmission, distribution, wholesale, retail, import and export and provision of consultancy services in the electricity industry |
54 |
Trading in food subject to specialized management of the Ministry of Industry and Trade |
55 |
Rice export |
56 |
Temporary import for re-export of excise tax-liable goods |
57 |
Temporary import for re-export of frozen goods |
58 |
Temporary import for re-export of goods on the list of used goods |
59 |
Commercial franchising |
60 |
Trading in coal |
61 |
Logistic services |
62 |
Trading in minerals |
63 |
Trading in precursors for industrial use |
64 |
Goods sale and purchase activities and activities directly related to goods sale and purchase activities of foreign investors |
65 |
E-commerce |
66 |
Petroleum activities |
67 |
Conformity assessment services for pressure equipment and lifting equipment for industrial use, chemicals, industrial explosives, mining and petroleum equipment, except those for offshore exploration and exploitation |
68 |
Vocational training |
69 |
Joint vocational training at intermediate and collegial levels with foreign or foreign-invested vocational training institutions |
70 |
Fire prevention and fighting services |
71 |
Vocational skill assessment services |
72 |
Quality inspection services for joint vocational training programs with foreign vocational training institutions or foreign-invested vocational training institutions in Vietnam |
73 |
Labor safety inspection services for machinery, equipment and supplies subject to strict requirements on labor safety |
74 |
Labor safety and sanitation training services |
75 |
Employment services |
76 |
Provision of guest worker services |
77 |
Voluntary drug detoxification services |
78 |
Regulation-conformity certification and announcement services |
79 |
Labor outsourcing services |
80 |
Road transportation |
81 |
Car warranty and maintenance services |
82 |
Motor vehicle inspection services |
83 |
Automobile driver training services |
84 |
Traffic safety inspector training services |
85 |
Vehicle driver testing services |
86 |
Traffic safety inspection services |
87 |
Waterway transportation |
88 |
Inland waterway vessel building, conversion, repair and restoration services |
89 |
Inland waterway vessel crewmember and operator training services |
90 |
Sea transportation, shipping agency |
91 |
Multi-level marketing |
92 |
Seagoing ship towage services |
93 |
Import and demolition of used seagoing ships |
94 |
Seagoing ship building, conversion and repair services |
95 |
Commercial operation of seaports |
96 |
Air transportation services |
97 |
Provision of the services of designing, manufacturing, maintaining or testing aircraft, aircraft engines, aircraft propellers and other aircraft equipment and devices in Vietnam |
98 |
Commercial operation of airports and airfields |
99 |
Aviation services at airports and airfields |
100 |
Flight assurance services |
101 |
Aviation staff training and retraining services |
102 |
Railway transportation |
103 |
Commercial operation of railway infrastructure |
104 |
Dealing in urban railway |
105 |
Multimodal transportation services |
106 |
Road and waterway transportation of hazardous cargoes |
107 |
Pipeline transportation |
108 |
Maritime assurance services |
109 |
Real estate business |
110 |
Training and re-training in real estate brokerage knowledge, real estate valuation and real estate exchange management and administration |
111 |
Training and re-training in professional knowledge about apartment building operation management |
112 |
Training and re-training in professional knowledge about management of construction investment projects |
113 |
Project management consultancy services |
114 |
Construction surveying services |
115 |
Construction designing and construction design appraisal services |
116 |
Work construction supervision consultancy services |
117 |
Work construction services |
118 |
Construction investment project formulation and appraisal services |
119 |
Construction activities of foreign investors |
120 |
Construction investment cost management services |
121 |
Construction work quality assessment and conformity certification services |
122 |
Lighting and greenery system operation management services |
123 |
Common-use infrastructure system operation management services |
124 |
Construction planning services |
125 |
Urban planning services provided by foreign organizations or individuals |
126 |
Trading in white asbestos products of the serpentine group |
127 |
Postal services |
128 |
Telecommunications services |
129 |
Import of radio transmitters and transceivers |
130 |
Digital signature certification services |
131 |
Establishment and operation of publishing houses |
132 |
Printing services |
133 |
Publication distribution services |
134 |
Social network services |
135 |
Online game services |
136 |
Pay radio and television services |
137 |
News website development services |
138 |
Processing, recycling, repair or renewal of used information technology products on the list of used information technology products banned from import for foreign partners |
139 |
On-demand television services |
140 |
Provision of information contents and information technology services on mobile telecommunications networks and the Internet |
141 |
Trading in mobile phone jamming devices |
142 |
Trading in or providing information security products or services |
143 |
Operation of higher education institutions |
144 |
Operation of foreign-invested educational institutions, representative offices of foreign educational institutions in Vietnam, branches of foreign-invested educational institutions |
145 |
Operation of continuing education institutions |
146 |
Operation of national defense-security education centers for students |
147 |
Operation of general education institutions |
148 |
Professional secondary education |
149 |
Operation of specialized schools |
150 |
Operation of pre-school institutions |
151 |
Joint training with foreign partners |
152 |
Organization of extra-curricular teaching and learning activities |
153 |
Aquatic resource exploitation |
154 |
Trading in fishing gear and equipment for aquatic resource exploitation |
155 |
Trading in aquatic products |
156 |
Trading in aquatic animal feed |
157 |
Trading in bio preparations, microorganisms, chemicals and substances for treatment and improvement of aquacultural environment |
158 |
Aquatic breed assay services |
159 |
Aquatic feed assay services |
160 |
Breeding, rearing or artificial propagation of wild fauna or flora species prescribed in the appendices to the CITES |
161 |
Breeding, rearing or artificial propagation of endangered, rare and precious species of wild fauna or flora not prescribed in the appendices to the CITES |
162 |
Breeding and rearing ordinary wild animals |
163 |
Import, export, re-export, transit, and introduction from the sea of natural specimens of species prescribed in the appendices to the CITES |
164 |
Import, export and re-export of samples of bred or reared animals or artificially propagated plants of species prescribed in the appendices to the CITES |
165 |
Trading in plant protection drugs |
166 |
Treatment of objects subject to plant quarantine |
167 |
Plant protection drug assay services |
168 |
Plant protection services |
169 |
Trading in veterinary drugs, bio-preparations, vaccines, microorganisms and chemicals for use in animal health |
170 |
Technical services in animal health |
171 |
Testing and surgery services for animals |
172 |
Vaccination, diagnosis, prescription, medical treatment and heath care services for animals |
173 |
Veterinary drug testing and assay services (veterinary drugs include veterinary drugs, veterinary drugs for aquatic animals, vaccines, bio-preparations, microorganisms and chemicals for use in animal health and aquatic animal health) |
174 |
Concentrated husbandry, breed production; slaughtering services; animal and animal product isolation and quarantine services; production of animal feed materials from animal products; preliminarily processing, processing and preservation of animals and animal products; trading in animal products, preliminarily processing, processing, packaging and preservation of animal products |
175 |
Trading in foods subject to specialized management by the Ministry of Agriculture and Rural Development |
176 |
Trading in and assay of organic fertilizers |
177 |
Trading in plant varieties and animal breeds |
178 |
Production of animal feed |
179 |
Import of animal feed |
180 |
Export and import of endangered, rare and precious terrestrial animals subject to supervision as prescribed in the appendices to the CITES |
181 |
Trading in forest plants and animals restricted from commercial exploitation and use |
182 |
Trading in ornamental trees, shade trees and ancient trees exploited from domestic natural forests |
183 |
Trading in charcoal or firewood originating from domestic natural forest timbers |
184 |
Trading animal sperms, embryos, hatching eggs and larva |
185 |
Services involving the use of bio-preparations, microorganisms, chemicals and environmental treatment and improvement substances in aquaculture |
186 |
Services of testing and assay of bio-preparations, microorganisms, chemicals and environmental treatment and improvement substances for use in aquaculture |
187 |
Trading in genetically modified products |
188 |
Bidding profession training and re-training services |
189 |
Services provided by bidding agents |
190 |
Investment project evaluation consultancy services |
191 |
Investment project evaluation training services |
192 |
Medical examination and treatment services |
193 |
HIV testing services |
194 |
Tissue banking services |
195 |
Assisted reproductive services, sperm and embryo storage services |
196 |
Trading in drugs |
197 |
Drug testing services |
198 |
Manufacture of cosmetics |
199 |
Infectious disease-causing microorganism testing services |
200 |
Vaccination services |
201 |
Trading in pesticides and antiseptics for medical use |
202 |
Opioid substitution treatment services |
203 |
Trading in foods subject to specialized management of the Ministry of Health |
204 |
Cosmetic surgery services |
205 |
Implementation of surrogacy techniques |
206 |
Drug bioavailability and bioequivalence assessment services |
207 |
Clinical trial of drugs |
208 |
Trading in medical equipment and devices |
209 |
Operation of medical equipment-classifying institutions |
210 |
Medical equipment inspection services |
211 |
Industrial property examination services |
212 |
Performance of radiation jobs |
213 |
Atomic energy application assistance services |
214 |
Import, export and transportation of radioactive materials |
215 |
Conformity assessment services in science and technology |
216 |
Inspection, calibration and testing of measuring devices and measurement standards |
217 |
Trading in safety helmets for motorcycle riders |
218 |
Technology assessment, valuation and examination services |
219 |
Intellectual property representation services |
220 |
Film production |
221 |
Antique assessment services |
222 |
Formulation, implementation and supervision of the implementation of, projects to maintain, upgrade and restore relics |
223 |
Karaoke or discotheque business |
224 |
Travel services |
225 |
Dealing in sports activities |
226 |
Organization of art performance, fashion shows, beauty or model contests |
227 |
Dealing in phonograms or video recordings of songs, dances and dramas |
228 |
Festival organization services |
230 |
Accommodation services |
231 |
Advertising services |
232 |
Trading in national relics, antiques and treasures |
233 |
Museum services |
234 |
Dealing in electronic games (except prize-winning electronic games for foreigners and online prize-winning electronic games) |
235 |
Export of relics and antiques not under state ownership or ownership of political organizations or socio-political organizations; import of cultural goods subject to specialized management by the Ministry of Culture, Sports and Tourism |
236 |
Copyright and related rights examination services |
237 |
Land survey and valuation consultancy services |
238 |
Land use plan and master plan formulation services |
239 |
Development of information technology technical infrastructure and software for land information systems |
240 |
Land database building services |
241 |
Land valuation services |
242 |
Land use rights auction services |
243 |
Measuring and mapping services |
244 |
Ground water drilling services |
245 |
Ground water exploration services |
246 |
Water exploitation, treatment and supply services |
247 |
Water drainage services |
248 |
Mineral exploration services |
249 |
Mineral mining |
250 |
Hazardous waste management services |
251 |
Scrap import |
252 |
Environmental observation services |
253 |
Consultancy services in formulation of strategic environmental impact assessment reports, environmental impact assessment and detailed environmental protection plans |
254 |
Trading in bio-preparations |
255 |
Discarded product withdrawal, transportation and disposal services |
256 |
Business activities of commercial banks |
257 |
Business activities of non-bank credit institutions |
258 |
Business activities of cooperative banks, people’s credit funds and microfinance institutions |
259 |
Intermediary payment services |
260 |
Credit information services |
261 |
Foreign exchange operations |
262 |
Trading in gold plate |
263 |
Manufacture of gold plates, export of material gold and import of material gold for manufacturing gold plates |
264 |
Manufacturing gold jewelry and fine art articles |
265 |
Import of goods subject to specialized management by the State Bank of Vietnam (vault doors) |
266 |
Money printing and casting |
267 |
Trading in clothing and equipment for armed forces, military weapons, equipment, devices and vehicles exclusively used for national defense or security; components, parts, spare parts, supplies and equipment of special categories and their manufacturing technologies |
Source: GOV
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