Under the Vietnam Investment Law 2020, below is the List of Prohibited and Conditional Business Lines in Vietnam, divided into 2 parts: a prohibited list and a conditional list.
PROHIBITED LIST:
1. Trade in narcotic substances specified in Appendix I to the Law;
2. Trade in chemicals and minerals specified in Appendix II to the Law;
3. Trade in specimens of wild fauna and flora species specified in Appendix I to the Convention on International Trade in Endangered Species of Wild Fauna and Flora, which are exploited from the nature; specimens of endangered, precious and rare forest fauna and flora species and aquatic species of Group I specified in Appendix III to the Law, which are exploited from the nature;
4. Prostitution;
5. Trafficking in humans or human tissues, corpses, organs or fetuses;
6. Business activities related to human cloning;
7. Trade in firecrackers;
8. Provision of debt collection services.
CONDITIONAL LIST (Appendix IV):
No. | Business lines |
1 | Making seals |
2 | Trading in supporting tools (including also repair thereof) |
3 | Trading in assorted fireworks, except firecrackers |
4 | Trading in camouflage equipment and software used for sound recording, image recording and positioning |
5 | Trading in paintball guns |
6 | Trading in military equipment for armed forces, military weapons, equipment and devices, techniques, ammunition and vehicles exclusively used for military and public security forces; components; spare parts, accessories, supplies and special-type equipment, and specialized technologies for manufacture thereof |
7 | Provision of pawn services |
8 | Provision of massage services |
9 | Trading in signaling devices of priority vehicles |
10 | Provision of security services |
11 | Provision of fire prevention and fighting services |
12 | Law practice |
13 | Notarial practice |
14 | Judicial assessment practice in the fields of finance, banking, construction, antiques, relics and copyright |
15 | Property auction practice |
16 | Bailiff profession practice |
17 | Practice of management and liquidation of assets of enterprises and cooperatives during the process of bankruptcy settlement |
18 | Provision of accounting services |
19 | Provision of auditing services |
20 | Provision of tax procedure performance services |
21 | Provision of customs clearance services |
22 | Trading in duty-free goods |
23 | Commercial operation of bonded warehouses and container freight stations |
24 | Commercial operation of places for customs clearance, goods gathering and customs inspection and supervision |
25 | Securities trading |
26 | Provision of securities registration, depository, clearing and payment services by the Vietnam Securities Depository and Clearing Corporation or organization of exchanges for listed securities and securities of other types |
27 | Insurance business |
28 | Reinsurance business |
29 | Insurance brokerage and ancillary insurance activities |
30 | Insurance agency |
31 | Provision of price appraisal services |
32 | Lottery business |
33 | Business of prize-winning electronic games for foreigners |
34 | Provision of credit rating services |
35 | Casino business |
36 | Betting business |
37 | Provision of voluntary pension fund management services |
38 | Petrol and oil trading |
39 | Gas trading |
40 | Provision of commercial assessment services |
41 | Trading in industrial explosives (including also destruction thereof) |
42 | Trading in explosive precursors |
43 | Dealing in sectors and trades involving the use of industrial explosives and explosive precursors |
44 | Provision of blasting services |
45 | Trading in chemicals, except those banned under the International Convention on the Prohibition of the Development, Production, Stockpiling and Use of Chemical Weapons and on their Destruction |
46 | Liquor trading |
47 | Trading in tobacco products, tobacco materials or machinery and equipment of the tobacco industry |
48 | Trading in food subject to specialized management by the Ministry of Industry and Trade |
49 | Operation of goods exchanges |
50 | Electricity generation, transmission, distribution, wholesale and retail activities and provision of electrical consultancy services |
51 | Rice export |
52 | Temporary import for re-export of excise tax-liable goods |
53 | Temporary import for re-export of frozen food |
54 | Temporary import for re-export of goods on the List of used goods |
55 | Trading in minerals |
56 | Trading in industrial precursors |
57 | Goods purchase and sale activities and related activities of foreign service providers in Vietnam |
58 | Multi-level marketing |
59 | E-commerce activities |
60 | Petroleum activities |
61 | Energy auditing |
62 | Vocational education activities |
63 | Quality inspection of vocational education |
64 | Provision of occupational skill assessment services |
65 | Provision of occupational safety-related technical inspection services |
66 | Provision of occupational safety and health-related training services |
67 | Provision of employment services |
68 | Provision of the service of sending guest workers |
69 | Provision of services related to voluntary drug rehabilitation, smoking cessation, HIV/AIDS treatment, and care of the elderly, people with disabilities and children |
70 | Provision of labor outsourcing services |
71 | Road transport business |
72 | Provision of car warranty and maintenance services |
73 | Car manufacture, assembly and import |
74 | Provision of motor vehicle inspection services |
75 | Provision of car driver training services |
76 | Provision of traffic safety inspector training services |
77 | Provision of driver testing services |
78 | Provision of traffic safety inspection services |
79 | Waterway transport business |
80 | Provision of inland waterway craft building, conversion, repair and restoration services |
81 | Provision of inland waterway craft crewmember and operator training services |
82 | Maritime crewmember training, recruitment and supply |
83 | Provision of maritime safety assurance services |
84 | Ocean shipping business |
85 | Provision of ship towage services |
86 | Import and demolition of used ships |
87 | Provision of ship building, conversion and repair services |
88 | Commercial operation of seaports |
89 | Air transport business |
90 | Provision of services of designing, manufacturing, maintaining and testing aircraft, aircraft engines, aircraft propellers and aircraft equipment and devices in Vietnam |
91 | Commercial operation of airports and aerodromes |
92 | Provision of aviation services at airports and aerodromes |
93 | Provision of flight assurance services |
94 | Provision of aviation staff training services |
95 | Railway transport business |
96 | Commercial operation of railway infrastructure facilities |
97 | Commercial operation of urban railways |
98 | Provision of multimodal transport services |
99 | Provision of hazardous cargo transport services |
100 | Pipeline transport business |
101 | Real estate business |
102 | Clean water (domestic water) trading |
103 | Provision of architectural services |
104 | Provision of construction investment project management consultancy services |
105 | Provision of construction surveying services |
106 | Provision of construction designing and construction design verification services |
107 | Provision of work construction supervision consultancy services |
108 | Provision of work construction services |
109 | Construction activities of foreign contractors |
110 | Provision of construction investment cost management services |
111 | Provision of construction inspection services |
112 | Provision of specialized construction testing services |
113 | Provision of condominium operation management services |
114 | Provision of crematory management and operation services |
115 | Provision of construction master plan-designing services |
116 | Trading in white asbestos products of the Serpentine sub-group |
117 | Provision of postal services |
118 | Provision of telecommunications services |
119 | Provision of digital signature certification services |
120 | Operation of publishing houses |
121 | Provision of printing services, except printing of packings |
122 | Provision of publication distribution services |
123 | Provision of social networking services |
124 | Gaming services in telecommunications networks and the Internet |
125 | Provision of pay radio and television services |
126 | Provision of website development services |
127 | Services of processing, recycling, repair or renewal of used information technology products on the List of used information technology products banned from import for foreign partners |
128 | Provision of information content services in mobile telecommunications networks and the Internet |
129 | Provision of domain name registration and maintenance services |
130 | Provision of data center services |
131 | Provision of electronic identification and authentication services |
132 | Trading in or provision of cyberinformation security products and services |
133 | Provision of imported newspaper distribution services |
134 | Trading in or provision of civil cryptography products and services |
135 | Trading in mobile phone jammers |
136 | Operation of early childhood education institutions |
137 | Operation of general education institutions |
138 | Operation of higher education institutions |
139 | Operation of foreign-invested educational institutions, representative offices of foreign educational institutions in Vietnam, and branches of foreign-invested educational institutions |
140 | Operation of continuing education institutions |
141 | Operation of specialized schools |
142 | Joint training with foreign partners |
143 | Educational quality inspection |
144 | Provision of overseas study counseling services |
145 | Fishing |
146 | Trading in aquatic products |
147 | Trading in aquatic feeds and animal feeds |
148 | Provision of aquatic feed and animal feed testing services |
149 | Trading in bio-preparations, microorganisms, chemicals and environmental treatment substances in aquaculture and animal husbandry |
150 | Fishing ship building and conversion business |
151 | Fishing ship registration and inspection |
152 | Training and further training of fishing ships’ crewmembers |
153 | Breeding and planting of wild fauna or flora species specified in the Appendices to the CITES and the list of endangered, precious and rare species of forest plants and animals and aquatic animals |
154 | Breeding of common forest animals |
155 | Export, import, re-export, transit, and introduction from the sea of specimens from the nature of the species specified in the Appendices to the CITES and the list of endangered, precious and rare species of forest plants and animals and aquatic animals |
156 | Export, import and re-export of specimens of bred or reared animals or artificially propagated plants of the species specified in the Appendices to the CITES and the list of endangered, precious and rare species of forest plants and animals and aquatic animals |
157 | Processing, trading, transport, advertising, display and storage of specimens of the fauna and flora species specified in the Appendices to the CITES and the list of endangered, precious and rare species of forest plants and animals and aquatic animals |
158 | Trading in pesticides |
159 | Provision of the service of treatment of objects subject to plant quarantine |
160 | Provision of pesticide testing services |
161 | Provision of plant protection services |
162 | Trading in veterinary drugs, vaccines, bio-preparations, microorganisms and chemicals for use in animal health |
163 | Provision of animal health-related technical services |
164 | Provision of animal testing and surgery services |
165 | Provision of vaccination, diagnosis, prescription, cure and heathcare services for animals |
166 | Provision of experiment and testing services for veterinary drugs (including veterinary drugs, veterinary drugs for aquatic animals, vaccines, bio-preparations, microorganisms and chemicals for use in animal health and aquatic animal health) |
167 | Trading in farm-based animal husbandry |
168 | Trading in cattle and poultry slaughtering |
169 | Trading in food subject to specialized management by the Ministry of Agriculture and Rural Development |
170 | Provision of animal and animal product isolation and quarantine services |
171 | Fertilizer trading |
172 | Provision of fertilizer testing services |
173 | Trading in plant varieties and animal breeds |
174 | Trading in aquatic breeds |
175 | Provision of plant variety and animal breed testing services |
176 | Provision of aquatic breed testing services |
177 | Provision of experiment and testing services for bio-preparations, microorganisms, chemicals and environmental treatment substances in aquaculture and animal husbandry |
178 | Trading in genetically modified products |
179 | Provision of medical examination and treatment services |
180 | Provision of cosmetic surgery services |
181 | Pharmacy business |
182 | Cosmetics production |
183 | Trading in insecticidal and germicidal chemicals and preparations for household and medical use |
184 | Trading in medical equipment and devices |
185 | Provision of intellectual property-related assessment services (including assessment of copyright and related rights, industrial property assessment and assessment of rights to plant varieties) |
186 | Provision of the service of performance of radiation jobs |
187 | Provision of atomic energy application support services |
188 | Provision of conformity assessment services |
189 | Provision of services of inspection, calibration and testing of measuring devices and measurement standards |
190 | Provision of technology assessment, price appraisal and assessment services |
191 | Provision of intellectual property rights representation services (including industrial property representation services and representation services of rights to plant varieties) |
192 | Provision of film distribution and dissemination services |
193 | Provision of antique assessment services |
194 | Provision of services of formulation of master plans, and construction organization and supervision for, projects on preservation, embellishment and restoration of relics |
195 | Provision of karaoke or discotheque services |
196 | Provision of travel services |
197 | Dealing in sports activities of sports enterprises and professional sports clubs |
198 | Provision of art performance, fashion show, and beauty or model contest organization services |
199 | Dealing in phonograms or video recordings of songs, dances and dramas |
200 | Provision of accommodation services |
201 | Purchase and sale of national relics, antiques and treasures |
202 | Export of relics and antiques not under ownership of the State 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 |
203 | Provision of museum services |
204 | Dealing in electronic games (except prize-winning electronic games for foreigners and online prize-winning electronic games) |
205 | Provision of land survey and valuation consultancy services |
206 | Provision of land use master plan and plan formulation services |
207 | Provision of services of construction of information technology technical infrastructure and development of software of land information systems |
208 | Provision of land database development services |
209 | Provision of land valuation services |
210 | Provision of survey and mapping services |
211 | Provision of hydrometeorological forecasting and warning services |
212 | Provision of groundwater drilling and exploration services |
213 | Provision of services of exploiting and using water resources, and discharging wastewater into water sources |
214 | Provision of services of baseline surveys and consultancy for formulation of master plans, schemes and reports on water resources |
215 | Provision of mineral exploration services |
216 | Mineral mining |
217 | Provision of hazardous waste transport and treatment services |
218 | Scrap import |
219 | Provision of environmental monitoring services |
220 | Business operations of commercial banks |
221 | Business operations of non-bank credit institutions |
222 | Business operations of cooperative banks, people’s credit funds and microfinance institutions |
223 | Provision of intermediary payment services and payment services without using customers’ payment accounts |
224 | Provision of credit information services |
225 | Business operations of, and provision of foreign exchange services by, non-credit institutions |
226 | Gold trading |
227 | Banknote printing and coin minting |
The Law (full text): https://vbpl.vn/TW/Pages/vbpqen-toanvan.aspx?ItemID=11133