01/06/2021
On March 26, 2021, the Government issued the List of business lines with limited market entry for foreign investors, enclosed with Decree No. 31/2021/ND-CP. Accordingly, one list of business lines which foreign investors, including foreign-invested companies (which are deemed as foreign investors) are not allowed to invest in (Prohibition List) and one list of busines lines which foreign investors must satisfy market entry conditions to invest in (Market Entry List), specifically as follows:
A. Prohibition List
1. Trading goods and
services on the list of goods and services on which monopoly is held by the
State in the commercial sector.
2. Press activities and
information gathering in any form.
3. Fishing.
4. Security and
investigation services.
5. Judicial
administration services, including judicial assessment services, poste restante
services, property auction services, notary services, liquidator services.
6. Overseas contracted
employment agency services.
7. Investment in the
construction of infrastructure of cemeteries and graveyards to transfer land
use rights associated with such infrastructure.
8. Waste collection
services directly from households.
9. Public opinion
polling service (public opinion polling).
10. Blasting services.
11. Manufacture and
trade in weapons, explosives and supporting tools.
12. Import and
dismantling of used seagoing vessels.
13. Public postal
services.
14. Goods transshipment
business.
15. Temporary import
for re-export business.
16. Exercise of the
right to export, import, and distribution of goods on the list of goods for
foreign investors, foreign-invested economic organizations are not allowed to
exercise the right to export, import, distribute.
17. Collection,
purchase and handling of public goods in armed forces units.
18. Trading military
materials or equipment and supplies for the people's armed forces, military
weapons, technical equipment, ammunition and specialized vehicles used for the
army and police; components, accessories, spare parts, supplies and specialized
equipment and technology used for their production;
19. Intellectual
property representation services and industrial property assessment services.
20. Services of the
establishment, operation, maintenance and maintenance of aids to navigation,
water zones, water areas, public navigational channels and maritime routes;
service of surveying water zones, water areas, public navigational channels and
maritime routes serving maritime notices; services of surveying, constructing
and publishing nautical charts for waters, seaports, navigational channels and
maritime routes; building and publishing marine safety documents and
publications.
21. Navigation services
to ensure maritime safety in water areas, water areas and public navigational
channels; marine electronic information service.
22. Inspection
(inspection, testing) and certification services for means of transport
(including systems, components, equipment, components of vehicles); inspection
and issuance of certificates of technical safety and environmental protection
for vehicles, specialized equipment, containers, and dangerous goods packaging
equipment used in transportation; inspection services and issuance of
certificates of technical safety and environmental protection for oil and gas
exploration, exploitation and transportation means and equipment at sea;
technical inspection service of occupational safety for machines and equipment
with strict requirements on occupational safety installed on means of transport
and means, exploration and exploitation equipment and oil and gas
transportation at sea; fishing vessel registry services.
23. Natural forest
investigation, assessment and exploitation services (including gathering wood
and hunting, trapping rare wild animals, management of the sources genes for
plants, livestock and microorganisms used in agriculture).
24. Researching or
using genetic resources of new livestock breeds before being appraised and
evaluated by the Ministry of Agriculture and Rural Development.
25. Tourism services,
except international tourism services for international tourists to Vietnam.
B.
Market Entry List
1. Production and
distribution of cultural products, including visual
recordings.
2. Production,
distribution and broadcast of television programs and music,
stage performance and
motion picture works.
3. Supply of radio and
television services.
4. Insurance, banking,
securities brokerage, and other services related to
insurance, banking, and
securities.
5. Postal services,
telecom services.
6. Advertising
services.
7. Printing service,
publication issuance services.
8. Measurement and
mapping services.
9. FlyCam services.
10. Educational
services.
11. Exploration,
extraction and process of natural resources, minerals, oil and gas.
12. Hydropower,
offshore wind power and nuclear energy.
13. Transport of goods
and passengers by railway, airway, road, waterway and conduit [pipeline].
14. Aquaculture
cultivation or breeding.
15. Forestry and
hunting.
16. Betting and casino
business
17. Security guard
services.
18. Construction,
operation and management of river ports, seaports and airports.
19. Real estate
business.
20. Legal services.
21. Veterinary
services.
22. Goods sale and
purchase activities and activities directly related to goods trading activities
of foreign service providers in Vietnam.
23. Technical
inspection and analysis services.
24. Travelling
[tourism] services.
25. Health and social
services.
26. Sports and
entertainment services.
27. Paper production.
28. Manufacture of
transport vehicles with more than 29 seats.
29. Development and
operation of wet markets.
30. Commodity Exchange
operations.
31. Domestic LCL
collection services.
32. Auditing,
accounting, bookkeeping and tax services.
33. Valuation services,
consulting services on corporate valuation for equitization.
34. Services related to
agriculture, forestry and fishery.
35. Aircraft
manufacturing.
36. Manufacture of
railway locomotives and wagons.
37. Trading tobacco
products, tobacco raw materials, and specialized machinery and equipment for
the tobacco industry.
38. Publishers'
activities.
39. Ship building, and
repair services.
40. Waste collection
services, environmental observation services.
41. Commercial
arbitration services, arbitration mediation services.
42. Logistic services.
43. Coastal shipping.
44. Cultivation,
production or processing of rare crops, breeding of rare wild animals,
processing and handling of these animals or plants, including live animals and
products thereof.
45. Production of
construction materials.
46. Construction and
related technical services.
47. Motorcycle
assembly.
48. Services related to
sports, art activities, performing arts, fashion shows, beauty and model
contests, and other entertainment.
49. Air transport support
services; ground technical services at airports and airports; catering services
on the aircraft; navigation information services, aviation meteorological
services.
50. Sea transport
services; shipping tugboat [ship towing] services.
51. Services related to
cultural heritage, copyright and related rights, photography, video recording,
recording, art exhibitions, festivals, libraries, museums.
52. Services related to
tourism promotion.
53. Agent, recruitment
and scheduling, management for artists, athletes’ services.
54. Family related
services.
55. E-commerce
activities.
56. cemetery business,
cemetery services and funeral services.
57. Airborne seeding
and chemical spraying services.
58. Maritime pilotage
services;
59. Investment sector,
business lines under the pilot mechanism of the National Assembly, The Standing
Committee of the National Assembly, the Government, and the Prime Minister.