18 business lines that foreign investors are not allowed to do business in Vietnam

In the current era of economic development, Vietnam has more and more open policies for foreign investors to participate in business. However, the law also limits the scope of this subject's activities in a number of specific areas. Below are 18 business lines that foreign investors are not allowed to do business in Vietnam.

đầu tư nước ngoài

 

No.

Business line

Legal basis

1

Judicial expertise service

Article 7, Article 15 of the Law on Judicial Expertise of Vietnam

2

Industrial property appraisal service

Article 201 of the Law on Intellectual Property of Vietnam, Circular No. 01/2008/TT-BKHCN, Circular No. 04/2012/TT-BKHCN of the Ministry of Science and Technology of Vietnam

3

Industrial property representation service

Article 155 of the Law on Intellectual Property

4

Trading of industrial explosives

Point a Clause 3 Article 37 of the Law on Management and Use of Weapons, Explosives and Combat Gears of Vietnam

5

Provision of installation, operation and maintenance services of aids to navigation, waters, public navigational channels and sea lanes

Article 5 of Decree No. 70/2016/NĐ-CP amended and supplemented by Clause 1 Article 2 of Decree No. 147/2018/NĐ-CP of Vietnam’s Government

6

Provision of survey service of waters, public navigational channels and sea lanes to serve the announcement of Notice to mariners

Article 7 of Decree No. 70/2016/NĐ-CP amended and supplemented by Clause 3 Article 2 of Decree No. 147/2018/NĐ-CP

7

Survey, preparation and issuance of nautical charts of seaport waters, navigational channels and sea lanes; formation and issuance of maritime safety publications and documents

Article 13 of Decree No. 70/2016/NĐ-CP amended and supplemented by Clause 8 Article 2 of Decree No. 147/2018/NĐ-CP

8

Electronic maritime information service

Article 15 of Decree No. 70/2016/NĐ-CP amended and supplemented by Clause 10 Article 2 of Decree No. 147/2018/NĐ-CP

9

Activities of transmission, national electric system regulation, construction and operation of big power plants of particularly important socio-economic, defense or security significance

Clause 2 Article 4 of the Electricity Law of Vietnam

10

Production of gold bars, export gold material and import gold material for production of gold bars

Clause 3 Article 4 of Decree No. 24/2012/NĐ-CP of Vietnam’s Government

11

Services for sending workers to work abroad

Clause 2 Article 6 of Decree No. 38/2020/NĐ-CP of Vietnam’s Government

12

Petrol and oil trading

Decree No. 83/2014/NĐ-CP of Vietnam’s Government

13

Bailiff service

Article 6 of Decree No. 08/2020/NĐ-CP of Vietnam’s Government

14

Notices to mariners service providers

Article 10 of Decree No. 70/2016/NĐ-CP amended and supplemented by Clause 5 Article 2 of Decree No. 147/2018/NĐ-CP

15

Provision of regulatory service for assuring maritime safety within waters and public navigational channels

Article 11 of Decree No. 70/2016/NĐ-CP amended and supplemented by Clause 6 Article 2 of Decree No. 147/2018/NĐ-CP

16

Air traffic and aeronautical information, search and rescue services

Article 23 of Decree No. 92/2016/NĐ-CP amended and supplemented by Clause 19 Article 1 of Decree No. 89/2019/NĐ-CP of Vietnam’s Government

17

Lottery business

Clause 1 Article 23 of Decree No. 30/2007/NĐ-CP of Vietnam’s Government

18

Notarization service

Clause 8 Article 22 of the Law on Notarization of Vietnam

Le Vy

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