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The total 227 Industries and trades in which business is conditional (Appendix 4 Law on Investment No.61/2020)
| No. | Industry or trade |
| 1. | Production of seals |
| 2. | Trading support devices [small size weaponry and combat gear] (including repair) |
| 3. | Trading fireworks, except for firecrackers |
| 4. | Trading equipment and camouflage software used for sound recording, image recording and locating |
| 5. | Trading paintball guns |
| 6. | Trading military equipment and supplies for the people’s armed forces, military weapons, technical equipment, ammunition and specialized vehicles used for the army and police; and components, accessories, spare parts and specialized equipment and technology used for their production |
| 7. | Pawnshop services |
| 8. | Massage services |
| 9. | Trading signalling or warning equipment for priority [or emergency] vehicles |
| 10. | Security guard services |
| 11. | Fire prevention and firefighting services |
| 12. | Lawyer’s practice |
| 13. | Notary’s practice |
| 14. | Judicial assessment [legal evaluation] practice in the sectors of finance, banking, construction, antiques, relics, and authorship [copyright] |
| 15. | Auctioneer’s practice |
| 16. | Bailiff’s practice |
| 17. | Practice by asset managers and liquidators regarding assets of enterprises and co -operatives during resolution of bankruptcy |
| 18. | Accounting services |
| 19. | Auditing services |
| 20. | Tax agency services |
| 21. | Customs agency services |
| 22. | Trading duty-free goods |
| 23. | Bonded warehouse business and business of [leasing out] locations for gathering small volumes of goods |
| 24. | Business of [leasing out] locations for conducting customs procedures, laydown areas [of goods], and for customs inspection and supervision |
| 25. | Securities trading |
| 26. | Services of securities registration, depository and clearance by securities depository centres/organizing markets for trading listed and other securities |
| 27. | Insurance business |
| 28. | Reinsurance business |
| 29. | Insurance brokerage and insurance auxiliary services |
| 30. | Insurance agency |
| 31. | Price evaluation services |
| 32. | Lotteries business |
| 33. | Electronic games with prizes for foreigners |
| 34. | Credit rating services |
| 35. | Casino business |
| 36. | Betting business |
| 37. | Voluntary retirement fund management services |
| 38. | Petrol and oil trading |
| 39. | Gas trading |
| 40. | Commercial assessment services |
| 41. | Trading industrial explosives (including destruction) |
| 42. | Trading explosives precursors |
| 43. | Business in industries and trades using industrial explosives and explosives precursors |
| 44. | Blasting services |
| 45. | Trading chemicals except for prohibited chemicals under the International Convention on prohibition of the development, production, stockpiling and use of chemical weapons and on their destruction |
| 46. | Trading wine and spirits [alcohol] |
| 47. | Trading tobacco products, tobacco raw materials, and specialized machinery and equipment for the tobacco industry |
| 48. | Trading foods under the specialized management of the MoIT |
| 49. | Commodity Exchange operations |
| 50. | Electricity generation, transmission, distribution, wholesaling, retail, and consultancy to the power industry |
| 51. | Rice export |
| 52. | Temporary import for re-export of goods subject to special sales tax |
| 53. | Temporary import for re-export of frozen food |
| 54. | Temporary import for re-export of goods on the List of second-hand goods |
| 55. | Trading minerals |
| 56. | Trading industrial precursors |
| 57. | Tradinggoodsandactivitiesdirectlyrelatingtotradinggoods[distribution]byforeign serviceprovidersin Vietnam |
| 58. | Pyramid [multi-level] sales |
| 59. | E-commerce activities |
| 60. | Petroleum activities |
| 61. | Energy auditing |
| 62. | Vocational educational activities |
| 63. | Quality control testing of vocational education |
| 64. | Occupational skill assessment services |
| 65. | Labour safety [occupational] technical accreditation services |
| 66. | Occupational safety and hygiene training services |
| 67. | Employment agency services |
| 68. | Overseas employment agency services [for workers going to work overseas] |
| 69. | Voluntary drug rehabilitation services; and services of curing smoking addiction; HIV/AISD treatment; and services of caring for aged, disabled/handicapped and children |
| 70. | Labour sub-leasing [outsourcing] services |
| 71. | Road transport services |
| 72. | Automobile warranty and maintenance services |
| 73. | Manufacture, assembly and import of automobiles |
| 74. | Motor vehicle testing services |
| 75. | Automobile driving instruction services |
| 76. | Traffic safety inspector training services |
| 77. | Vehicle driving test services |
| 78. | Traffic safety assessment services |
| 79. | Waterway transport services |
| 80. | Services of new building, rebuilding and repair of inland watercraft |
| 81. | Services of training crew and operators of inland watercraft |
| 82. | Training maritime crew and arranging recruitment and supply of maritime crew |
| 83. | Maritime navigation services |
| 84. | Sea transport |
| 85. | Shipping tugboat [ship towing] services |
| 86. | Import and dismantling of second-hand ships |
| 87. | Ship building, conversion and repair services |
| 88. | Seaport operation business |
| 89. | Air transport business |
| 90. | Services of design, manufacture, maintenance and testing of aircraft, aircraft engines, propellers and other aircraft equipment in Vietnam |
| 91. | Airport and aerodrome business |
| 92. | Aviation services at airports and aerodromes |
| 93. | Air navigation [flight operation assurance] services |
| 94. | Airline staff [flight crew] training services |
| 95. | Rail transport business |
| 96. | Rail infrastructure business [commercial operation of rail infrastructure] |
| 97. | Urban rail business |
| 98. | Multimodal transport services |
| 99. | Services of transport of dangerous [hazardous] goods |
| 100. | Conduit [pipeline] transport services |
| 101. | Real estate trading |
| 102. | Clean water (domestic water) trading |
| 103. | Architectural business services |
| 104. | Construction project management consultancy |
| 105. | Construction survey services |
| 106. | Services of construction design and evaluation of construction design |
| 107. | Construction [building of works] supervision consultancy services |
| 108. | Construction [building of works] services |
| 109. | Foreign contractors’ construction activities |
| 110. | Construction investment costs management services |
| 111. | Construction inspection services |
| 112. | Specialized construction laboratory testing services |
| 113. | Services of management and operation of apartment buildings |
| 114. | Services of cremation management and operation of cremation facilities |
| 115. | Services of formulation of design of construction planning |
| 116. | Trading white asbestos of the Serpentine group |
| 117. | Postal services |
| 118. | Telecom services |
| 119. | Digital signature authentication services |
| 120. | Publishers’ activities |
| 121. | Printing services excluding printing on packaging |
| 122. | Publication issuance services |
| 123. | Social network services |
| 124. | Games on telecom networks and the internet |
| 125. | Pay radio and television services |
| 126. | General website development services |
| 127. | Services of processing, repairing and refurbishing second-hand information technology [IT] products on the List of second-hand IT products prohibited from import for foreign parties |
| 128. | Services of provision of information contents on mobile telecom networks and the internet |
| 129. | Registration and maintenance of internet domain name services |
| 130. | Database centre services |
| 131. | Electronic identification and authentication services |
| 132. | Network information safety products and services |
| 133. | Imported newspaper publishing services |
| 134. | Trading civil cryptography products and services |
| 135. | Trading mobile information jamming and breaking devices |
| 136. | Operation of pre-school educational institutions |
| 137. | Operation of elementary schools |
| 138. | Operation of universities |
| 139. | Operation of foreign invested education establishments, of representative offices in Vietnam of foreign education establishments and of branches of foreign invested education establishments |
| 140. | Operation of continuing education establishments |
| 141. | Operation of specialized schools |
| 142. | Training activities in association with foreign parties [Twinning] |
| 143. | Educational quality accreditation services |
| 144. | Overseas study consultancy services |
| 145. | Aquaculture exploitation [fisheries] |
| 146. | Aquaculture business [trading] |
| 147. | Trading aquaculture feed and feed for breding animals |
| 148. | Services of testing aquatic feed and feed for breeding animals |
| 149. | Trading biological preparations, micro-organisms, chemicals and environment remedial agents [used] during aquaculture cultivation or breeding |
| 150. | Construction of new fishing vessels and repair of old fishing vessels |
| 151. | Registration of fishing vessels |
| 152. | Training crew members of fishing vessels |
| 153. | Breeding and cultivation of wild flora and fauna species on the CITES Convention Appendix and those on the List of rare, precious and endangered forest and aquatic flora and fauna |
| 154. | Breeding and raising common wild animals |
| 155. | Export, import, re-export, transit, and entry into Vietnam from the sea of natural specimens of species o n the CITES Convention Appendix and those on the List of rare, precious and endangered forest and aquatic flora and fauna |
| 156. | Export, import, and re-export of bred, raised or artificially propagated specimens of species on the CITES Convention Appendix and those on the List of rare, precious and endangered forest and aquatic flora and fauna |
| 157. | Processing,trading,transporting,advertising,displayingandstoringspecimensof plants and animals [flora and fauna] on the CITES Convention Appendix and those on the List of rare, precious and endangered forest and aquatic flora and fauna |
| 158. | Trading plant protection products |
| 159. | Services of treating objects subject to plant quarantine |
| 160. | Plant protection product testing services |
| 161. | Plant protection services |
| 162. | Trading veterinary medicines, vaccines, biological preparations, micro-organisms and chemicals used in veterinary medicine |
| 163. | Veterinary technical services |
| 164. | Animal testing and surgery services [veterinary practice] |
| 165. | Animal vaccination, diagnosis, prescription, treatment and healthcare services [veterinary practice] |
| 166. | Services of testing (kiểm nghiệm) and experimenting veterinary medicine |
| 167. | Farm breeding/husbandry services [farming business] |
| 168. | Services of slaughtering domestic animals an d poultry |
| 169. | Trading foods under the management of the Ministry of Agriculture and Rural Development |
| 170. | Services of quarantining animals and animal products |
| 171. | Trading fertilizers |
| 172. | Services of testing fertilizers |
| 173. | Trading plant [seed] varieties and animal breeds |
| 174. | Trading aquaculture [aquatic or fisheries] seeds |
| 175. | Services of testing seed varieties and animal breeds |
| 176. | Services of testing aquaculture seeds |
| 177. | Services of testing biological preparations, micro-organisms, chemicals and environment remedial agents serving aquaculture |
| 178. | Trading genetically modified products |
| 179. | Medical diagnostic and treatment services |
| 180. | Plastic surgery services |
| 181. | Trading pharmaceutical drugs |
| 182. | Production of cosmetics |
| 183. | Trading anti-insect and anti-bacterial chemicals used in the household and medical sectors |
| 184. | Trading medical equipment |
| 185. | Industrial property assessment services (comprising assessment of copyright and related rights, assessment of industrial property ownership and assessment of rights relating to seed varieties) |
| 186. | Services of conducting radiation work |
| 187. | Ancillary services of atomic energy application |
| 188. | Conformity assessment services |
| 189. | Services of inspection, calibration and testing of measurement instruments and standards |
| 190. | Technology assessment, pricing/valuation and evaluation services |
| 191. | Intellectual property representation services (comprising industrial property representation services and services of right representation with respect to plant varieties) |
| 192. | Services of film release and distribution |
| 193. | Antiques assessment services |
| 194. | Services of project planning or organizing actual building work and supervising such building work to maintain, refurbish or restore relics [or monuments] |
| 195. | Karaoke and dance club business |
| 196. | Travel [tourism] services |
| 197. | Sports business activities of sports enterprises and of professional sports clubs |
| 198. | Art performances, fashion shows, beauty and model contest services |
| 199. | Trading audios and videos of dance, music and stage performances |
| 200. | Accommodation services |
| 201. | Trading national treasures, relics and antiques |
| 202. | Export of relics and antiques not owned by the State; import of cultural articles under the specialized management of the Ministry of Culture, Sports and Tourism |
| 203. | Museum services |
| 204. | Trading electronic games (except for electronic games with prizes for foreigners and online electronic games) |
| 205. | Land survey and assessment consultancy services |
| 206. | Services of formulation of land use master planning and plans |
| 207. | Services of formulation of land information IT infrastructure and software development services for such land information systems |
| 208. | Services of formulation of land databases |
| 209. | Land pricing determination services |
| 210. | Measurement and mapping services |
| 211. | Hydrological and meteorological forecasting and warning services |
| 212. | Underground water drilling and exploration services |
| 213. | Services of exploitation and use of water resources, and of discharge of waste-water into water sources |
| 214. | Services of basic surveys of, and consultancy on planning and formulation of proposals and reports on water resources |
| 215. | Mineral exploration services |
| 216. | Mineral mining |
| 217. | Services of transportation and treatment of hazardous waste |
| 218. | Import of scrap |
| 219. | Environmental surveillance [monitoring] services |
| 220. | Operation of commercial banks |
| 221. | Operation of non-banking credit institutions |
| 222. | Operation of cooperative banks, people’s credit funds and micro-finance institutions |
| 223. | Provision of intermediary payment services and provision of payment services via payment accounts of customers |
| 224. | Provision of credit information services |
| 225. | Foreign exchange activities of organizations which are not credit institutions |
| 226. | Gold trading |
| 227. | Money printing and minting activities. |
BUSINESS INVESTMENT CONDITIONS APPLICABLE TO FOREIGN INVESTORS (Article 9 Law on Investment No.61/2020)
- Foreign capital ownership in the economic entity;
- Forms of investment;
- Scope of investment activities;
- Capacities of the investors, Vietnamese partners participating in projects;
- Other conditions under the international Treaties and legal regulations of Viet Nam.