List of conditional business lines in Vietnam

According to Vietnam's regulations, people are entitled to do business in the business lines that are not banned by law. However, when conducting conditional business lines, those conditions must be fully satisfied.

According to Clause 1 Article 7 of the Law on Investment 2014 of Vietnam: “Conditional business lines are the business lines in which the investment must satisfy certain conditions for reasons of national defense and security, social order and security, social ethics, or public health”.

Conditions for making business investments must be appropriate for the above objectives, ensure transparency, objectivity, not wasting time or money of investors. These conditions are specified in the Laws, Ordinances, Decrees, and the international agreements to which the Socialist Republic of Vietnam is a signatory.

The conditional business lines and the corresponding conditions shall be posted on the National Company Registration Portal.

The list of conditional investments are specified in Appendix 4 of the Law on Investment 2014, including 267 business lines.

APPENDIX 4

LIST OF CONDITIONAL INVESTMENTS

No.

Business line

1

Seal production

2

Combat gear trading (including repair)

3

Firecracker trading

4

Pawnshop services

5

Massage services

6

Trading of warning devices of emergency vehicles

7

Security services

8

Paint gun services

9

Lawyer’s practice

10

Notary’s practice

11

Judicial assessment in the fields of finance, banking, construction, antiques, relics, copyrights.

12

Auctioneering services

13

Arbitration services

14

Bailiff’s practice

15

Asset liquidator’s practice

16

Accounting services

17

Audit services

18

Tax agent services

19

Customs brokerage services

20

Duty-free goods trading

21

Bonded warehouse services

22

Domestic LCL consolidation services

23

Gathering services and customs inspection services inside and outside border checkpoint areas

24

Securities trading

25

Securities registration, depository, offsetting, and liquidation services by Vietnam Securities Depository/organizations trading in listed securities and other securities.

26

Insurance

27

Reinsurance  

28

Insurance brokerage

29

Insurance agency

30

Insurance agency training services

31

Price verification services

32

Consulting services serving company values for equitization

33

Lottery business

34

Electronic games of chance 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

Oil and gas trading

42

Gas trading

43

Commercial assessment services

44

Industrial explosive trading (including destruction thereof)

45

Explosive precursor trading

46

Business operations using industrial explosives and explosive precursor

47

Blasting services

48

Trading in chemicals except banned chemicals according to Convention on the Prohibition of the Development, Production, Stockpiling and Use of Chemical Weapons and on their Destruction

49

Inorganic fertilizer trading

50

Alcohol trading

51

Trading in tobacco products, tobacco materials, machinery and equipment serving tobacco industry

52

Commodity exchange operation

53

Electricity generation, transmission, distribution, wholesaling, retailing, import, and consultancy

54

Trading in foods under the management of the Ministry of Industry and Trade

55

Rice export

56

Temporary import for re-export of goods subject to special excise tax

57

Temporary import for re-export of frozen food

58

Temporary import for re-export of goods on the List of used goods

59

Franchising

60

Coal trading

61

Logistics services

62

Mineral trading

63

Industrial precursor trading

64

Goods trading and activities directly related goods trading of foreign investors

65

Electronic commerce activities

66

Petroleum activities

67

Assessment of conformity of pneumatic tools, industrial lifting devices, chemicals, industrial explosives, equipment serving mineral and petroleum extraction; except for equipment and instruments serving extraction at sea

68

Vocational training

69

Association with foreign vocational training institutions and foreign-invested vocational training institutions in vocational training at intermediate and college levels

70

Fire safety and firefighting services

71

Occupational skill assessment services

72

Quality assessment of joint vocational programs with foreign vocational training institutions and foreign-invested vocational training institutions in Vietnam.

73

Occupational safety assessment services with regard to machinery and supplies with strict occupational safety requirements

74

Occupational safety and occupational hygiene training services

75

Employment agency services

76

Overseas employment services

77

Voluntary drug rehabilitation services

78

Conformity declaration and certification services

79

Outsourcing services

80

Road transport services

81

Car warranty and maintenance services

82

Motor vehicle inspection services

83

Driving school services

84

Traffic safety inspector training services

85

Driving test services

86

Traffic safety inspection services

87

Waterway transport services

88

Building, modifying, repairing inland watercraft

89

Provision of training for crewmembers and operators of inland watercraft

90

Ship transport, shipping agency services

91

Multi-level marketing business

92

Ship towing services

93

Importing, dismantling used sea-going ship

94

Sea-going ship building, modification, repair services

95

Sea port operation

96

Air transport business

97

Design, production, maintenance, testing of aircraft, aircraft engines, propellers, and equipment thereof in Vietnam

98

Airport operation

99

Aviation services at airports

100

Air navigation services

101

Flight crew training services

102

Rail transport business

103

Rail infrastructure business

104

Rail transport business

105

Multimodal transport business

106

Transport of dangerous goods using road or waterway vehicles

107

Pipeline transport servicse

108

Maritime navigation services

109

Real estate trading

110

Provision of training in real estate brokerage, real estate valuation, and operation of real estate exchanges

111

Provision of training in apartment building management and operation

112

Provision of training in construction project management

113

Project management consultancy services

114

Construction survey services

115

Construction design assessment services

116

Construction supervision services

117

Construction services

118

Investment project planning and assessment services

119

Foreign investors’ construction

120

Project management consultancy services

121

Construction work conformity assessment and certification services

122

Lighting and greenery system operation services

123

Shared infrastructure operation services

124

Construction planning development services

125

Urban planning development services provided by foreign entities

126

Trading in white asbestos of Serpentine group

127

Postal services

128

Telecommunications services

129

Import of radio transmitters and transceivers

130

Digital signature authentication services

131

Establishment and operation of publishers

132

Printing services

133

Publication release services

134

Social network services

135

Online games business

136

Pay radio/television services

137

News website development services

138

Processing, recycling, repair, refurbishment of used IT products on the list of used IT products banned from import for foreign partners

139

Pay-per-view television services

140

Provision of information and IT services on mobile network or the Internet

141

Trading in mobile phone jammers

142

Provision of information security products and services

143

Operation of higher education institutions

144

Operation of foreign-capitalized educational institutions, representative offices of foreign educational institutions in Vietnam, branches of foreign-capitalized educational institutions

145

Operation of continuing education institution

146

Operation of students’ education centers

147

Operation of compulsory education institutions

148

Vocational training

149

Operation of specialized schools

150

Operation of preschool education institutions

151

Educational cooperation with foreign partners

152

Extra classes

153

Fishing

154

Trading in fishing instruments

155

Fish trading

156

Trading in aquatic feed

157

Trading in biological preparations, microorganisms, chemicals, environmental remediation agents serving aquaculture

158

Aquatic breed testing services

159

Aquatic feed testing services

160

Breeding, raising, propagating  wild animals and plans according to CITES Appendix

161

Breeding, raising, propagating endangered or rare wild animals and palns according to CITES Appendix

162

Breeding, raising normal wild animals

163

Export, import, re-export, transit wild specimens according to CITES Appendix

164

Export, import, re-export bred, raised, propagated specimens according to CITES Appendix

165

Pesticide trading

166

Processing items required to undergo plant quarantine

167

Pesticide testing services

168

Plant protection services

169

Trading in veterinary medicines, biological preparations, vaccines, microorganisms, chemicals serving veterinary medicine

170

Veterinary services

171

Animal surgery, animal testing services

172

Vaccination, diagnosis, prescription, treatment, and healthcare services for animals

173

Trading in veterinary medicines, biological preparations, vaccines, microorganisms, chemicals serving veterinary medicine

174

Concentrated breeding, breed production services; slaughtering; quarantine of animals and products thereof; production of animal-derived materials for animal feed production; preparing, processing, preserving animals and products thereof; trading in animal products; preparing, processing, packaging, preserving animal products

175

Trading in foods under the management of the Ministry of Agriculture and Rural Development

176

Trading, testing organic fertilizers

177

Trading in plant varieties, animal breeds

178

Manufacture of animal feeds

179

Import of animal feeds

180

Exporting, importing rare, endangered terrestrial wild animals and plants according to CITES Appendix

181

Trading in forest plants, animals restricted from trading

182

Trading in ornamental plants, shade trees, ancient trees from Vietnam’s natural forests

183

Trading in firewood from timber or from Vietnam’s natural forests

184

Trading in sperms, embryos, eggs, and lavas

185

Trading in biological preparations, microorganisms, chemicals, environmental remediation agents serving aquaculture

186

Testing biological preparations, microorganisms, chemicals, environmental remediation agents serving aquaculture

187

Trading in genetically modified food

188

Provision of training in bidding

189

Bidding agency services

190

Project assessment consultancy services

191

Provision of training in project assessment

192

Medical examination and treatment services

193

HIV testing services

194

Tissue bank services

195

Childbirth assistance, sperm preservation, embryo preservation services

196

Medicine trading

197

Medicine testing services

198

Cosmetics production

199

Infectious microorganism testing services

200

Vaccination services

201

Trading in medical and household anti-insect and antibacterial chemicals

202

Opioid replacement therapy services

203

Trading in foods under the management of the Ministry of Health

204

Plastic surgery services

205

Surrogacy services

206

Bioavailability and bioequivalence assessment services

207

Clinical trial of medicines

208

Trading in medical equipment

209

Medical equipment classification

210

Medical equipment testing services

211

Industrial property verification services

212

Radiological work services

213

Atomic energy application ancillary services

214

Export, import, and transport of radioactive materials

215

Technological conformity assessment services

216

Inspection, calibration, testing of measuring instruments and measurement standards

217

Motorcycle helmet trading

218

Technology assessment, valuation, and examination services

219

Intellectual property representation services

220

Film production

221

Antique examination services

222

Monument protection or renovation project planning, execution, supervision services

223

Karaoke, dance club business

224

Travel services

225

Sports business

226

Art performance, fashion show, beauty contest, model contest services

227

Trading in audio and video recordings of art performances

228

Festival organization services

229

Trading in art or photography works

230

Accommodation services

231

Advertising services

232

Trading in relics, antiques, national treasures

233

Museum services

234

Electronic games business (except for electronic casino games for foreigners and online electronic casino games)

235

Export of relics, antiques other than those under the ownership of the state, political organizations, socio-political organizations; import of cultural commodities under the management of the Ministry of Culture, Sports and Tourism

236

Verification of copyright and relevant rights

237

Land survey and assessment services

238

Land planning services

239

IT infrastructure and software infrastructure development services

240

Land database development services

241

Land pricing services

242

Land use right auction services

243

Geodesy and cartography services

244

Underground water drilling services

245

Underground water survey services

246

Water supply, processing, and extraction services

247

Underground water drilling services

248

Mineral exploration services

249

Mineral extraction

250

Harmful waste management services

251

Scrap material import

252

Environmental monitoring services

253

Strategic environment assessment, environmental impact assessment, environmental protection scheme consultancy services

254

Trading in biological preparations

255

Collection, transport, processing of refuse

256

Business operation of commercial banks

257

Business operation of non-bank credit institutions

258

Business operation of cooperatives, people's credit funds, microfinance institutions

259

Provision of payment services

260

Credit information service provision

261

Foreign exchange activities

262

Trading in gold bullion

263

Manufacture of gold bullion, export raw gold and import raw gold for manufacture of gold bullion

264

Manufacture of gold jewelry

265

Import of commodities under the management of the State bank (money vault door)

266

Money printing, molding

267

Trading in military clothing and equipment of the armed forces, military weapons, technologies, devices, vehicles for the military and police; parts, components, supplies, specialized equipment, and technologies for manufacture thereof

Moreover, according to Article 54 of the Law on hydrometeorology 2015 of Vietnam, hydrometeorological forecasting and warning is one of the conditional business lines.

Thus, there are 268 conditional business lines according to Vietnam’s current regulations.

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