From January 01, 2017: Trading in firecrackers is banned in Vietnam

11:59, 12/12/2017

This content is stipulated in the Law on amendment and supplement to article 6 and annex 4 on the list of conditional business lines stipulated in the Law on Investment of Vietnam, promulgated on November 22, 2016.

Trading in firecrackers is supplemented to banned business lines. Thus, banned business lines applied in Vietnam from January 01, 2017 include:

- Trade in the narcotic substances specified in Appendix I of the Law on Investment 2014 of Vietnam;

- Trade in the chemicals and minerals specified in Appendix I of the Law on Investment 2014 of Vietnam;

- Trade in specimens of wild flora and fauna specified in Appendix 1 of Convention on International Trade in Endangered Species of Wild Fauna and Flora; specimens of rare and/or endangered species of wild fauna and flora in Group I of Appendix 3 of the Law on Investment 2014 of Vietnam;

- Prostitution;

- Human trafficking; trade in human tissues and body parts;

- Business pertaining to human cloning.

- Trade in firecrackers.

View details at the Law on amendment and supplement to article 6 and annex 4 on the list of conditional business lines stipulated in the Law on Investment of Vietnam, effective from January 01, 2017.

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