• VIETNAM LEASING OFFICE AGENCY

Conditional Sectors and Trade and Banned from Business Investment

Conditional Sectors and Trade and Banned from Business Investment

Sectors & Trades banned from Business Investment

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

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:

APPENDIX 4

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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