What classification should I register when growing of non-perennial flowers for sale in Vietnam? What classification code should I register for trading in construction materials in Vietnam?

What classification should I register when growing of non-perennial flowers for sale in Vietnam?

My family wants to grow flowers for sale all year round with many different types of flowers according to the type of household business, what industry code should I register for?

Reply:

According to Appendix II - Content of Vietnam Economic Sector System (Issued together with Decision 27/2018/QD-TTg):

01183: Growing of non-perennial flowers

This sub-class includes: Growing of non-perennial crops for flowers, branches, stems, leaves, roots for the needs of living, ornament, environmental cultural purposes, etc.

Thus, the annual floriculture classification code is 01183 (this is the level 5 classification code).

Clause 1, Article 7 of Decree 01/2021/ND-CP also stipulates: When applying for establishment of an enterprise, notifying changes of business lines, or applying for the enterprise registration certificate, the enterprise’s founder or the enterprise shall select the level-4 business lines in Vietnam Standard Industrial Classification and write them on the application for enterprise registration, notification of changes to enterprise registration, or application for the enterprise registration certificate. The business registration authority shall provide instructions, compare information, and enter the enterprise’s business lines into the National Enterprise Registration Database.

Thus, when registering a business line, you must register a level 4 of classification (0118) and explain in detail the classification you want to register.

Specifically:

0118: Growing of leguminous crops and flowers

Details: Growing of non-perennial flowers.

What classification code should I register for trading in construction materials in Vietnam?

My family wants to register a private enterprise specializing in trading construction materials such as bricks, sand, stone, etc. According to regulations, what classification code must be registered?

Reply:

According to Appendix II - Content of Vietnam Economic Sector System (Issued together with Decision 27/2018/QD-TTg):

4663: Wholesale of construction materials, equipment and supplies

This class includes:

- wholesale of wood, bamboo in the rough;

- wholesale of products of primary processing of wood;

- wholesale of paint and varnish;

- wholesale of construction materials such as: sand, gravel;

- wholesale of wallpaper and floor coverings;

- wholesale of flat glass;

- wholesale of hardware and locks;

...

46633: Wholesale of bricks, tiles sand, stone, gravel

This sub-class includes:

- wholesale of bricks, roofing tiles;

- wholesale of stone, sand, gravel;

- wholesale of other construction materials.

This sub-class excludes: wholesale of stone slabs, see 46636 (Wholesale of ceramic tiles and sanitary equipment).

...

So if you want to trade construction materials such as bricks, tiles sand, stone, gravel,... other construction materials, then register for this classification code.

Note industry code 46633: Wholesale of bricks, tiles sand, stone, gravel is a level 5 classification.

According to Clause 1, Article 7 of Decree 01/2021/ND-CP also stipulates: When applying for establishment of an enterprise, notifying changes of business lines, or applying for the enterprise registration certificate, the enterprise’s founder or the enterprise shall select the level-4 business lines in Vietnam Standard Industrial Classification and write them on the application for enterprise registration, notification of changes to enterprise registration, or application for the enterprise registration certificate. The business registration authority shall provide instructions, compare information, and enter the enterprise’s business lines into the National Enterprise Registration Database.

So in this case you can write as follows:

4663: Wholesale of construction materials, equipment and supplies

Details: Wholesale of bricks, tiles sand, stone, gravel,... other construction materials.

Which classification code is registered for retail sale of motorcycle parts and accessories in Vietnam?

I plan to open a retail store for motorcycle parts and accessories, which classification code should I register for?

Reply:

Appendix II - Content of Vietnam Economic Sector System (Issued together with Decision 27/2018/QD-TTg), stipulates:

45432: Retail sale of parts and accessories of motorcycles

This sub-class includes: retail sale, including sale via orders, by post or on the Internet of spare parts, components of motorcycles such as: inner tubes, tires, boots, accumulators, spark plug, lighting equipment etc.

This sub-class excludes:

- retail sale of automotive fuel, see 47300 (Retail sale of automotive fuel in specialized stores);

- retail sale of bicycle parts, see 4773 (Other retail sale of new goods in specialized stores).

According to this Article, your party can register for this classification code. However, this is the year-level economic industry code (45432: 5 digits), as prescribed in Clause 1, Article 7 of Decree 01/2021/ND-CP also stipulates: 

When applying for establishment of an enterprise, notifying changes of business lines, or applying for the enterprise registration certificate, the enterprise’s founder or the enterprise shall select the level-4 business lines in Vietnam Standard Industrial Classification and write them on the application for enterprise registration, notification of changes to enterprise registration, or application for the enterprise registration certificate. The business registration authority shall provide instructions, compare information, and enter the enterprise’s business lines into the National Enterprise Registration Database.

Thus, when registering to establish a business to do business in this industry, you must write down the fourth level economic sector of this classification in Vietnam. Specifically 4543: Sale of parts and accessories of motorcycles. When registering you can write the following:

4543: Sale of parts and accessories of motorcycles

Details: Retail sale of parts and accessories of motorcycles such as: inner tubes, tires, boots, accumulators...

Best regards!