On the morning of November 22nd, with 410 out of 456 delegates voting in favor, the National Assembly passed the draft Law amending and supplementing Appendix 4 of the Investment Law regarding the list of conditional investment and business sectors and professions.
The National Assembly approved the addition of the business of firecrackers to the list of prohibited investment and business sectors. At the same time, it agreed to replace Appendix 4 on the list of conditional investment and business sectors with Appendix 4 on the list of 243 conditional investment and business sectors.
The law takes effect from January 1, 2017, except for the provisions regarding conditional investment and business sectors, namely the business of camouflage equipment and software used for audio recording, video recording, and positioning; and the production, assembly, and import of automobiles, which take effect from July 1, 2017.
The government shall regulate the transitional application for organizations and individuals currently investing and doing business in eligible sectors and professions as stipulated in this clause.
Appendix 4: List of conditional business sectors and professions
|
STT |
INDUSTRY, PROFESSION |
| 1. | Seal manufacturing |
| 2. | Business of providing support tools (including repair services) |
| 3. | Trading in all types of fireworks, excluding firecrackers. |
| 4. | Business in equipment and software used for covert recording, video recording, and location tracking. |
| 5. | Paintball gun business |
| 6. | Trading in military uniforms and equipment for the armed forces, military weapons, equipment, technology, military hardware, specialized military and police vehicles; components, parts, spare parts, materials and specialized equipment, and specialized technologies for manufacturing them. |
| 7. | Pawnshop business |
| 8. | Massage service business |
| 9. | Businesses selling signal transmitting devices for priority vehicles are entitled to priority. |
| 10. | Debt collection services business |
| 11. | Security services business |
| 12. | Business of providing fire prevention and firefighting services. |
| 13. | Practicing law |
| 14. | Practicing notarization |
| 15. | Practicing forensic expertise in the fields of finance, banking, construction, antiques, artifacts, and copyright. |
| 16. | The profession of auctioning assets |
| 17. | Commercial arbitration services |
| 18. | Practicing the profession of bailiff |
| 19. | Practicing asset management and liquidation for businesses and cooperatives during bankruptcy proceedings. |
| 20. | Accounting services business |
| 21. | Business audit services |
| 22. | Business providing tax filing services |
| 23. | Business of providing customs clearance services. |
| 24. | Sales of duty-free goods |
| 25. | Bonded warehouse business, consolidation point for less-than-container-load (LCL) cargo. |
| 26. | Business activities include operating locations for customs clearance, consolidation, inspection, and customs supervision. |
| 27. | Securities trading |
| 28. | Business activities include providing services for the registration, custody, clearing, and settlement of securities by the Securities Depository Center/Listed Securities Trading Market Organization and other types of securities. |
| 29. | Insurance Business |
| 30. | Reinsurance business |
| 31. | Môi giới bảo hiểm |
| 32. | Insurance agent |
| 33. | Business of providing valuation services |
| 34. | Lottery business |
| 35. | Business of electronic games with prizes for foreigners. |
| 36. | Debt trading services business |
| 37. | Credit rating services business |
| 38. | Casino business |
| 39. | Betting business |
| 40. | Business of providing voluntary pension fund management services. |
| 41. | Petroleum business |
| 42. | Gas business |
| 43. | Manufacturing and repairing liquefied petroleum gas (LPG) cylinders. |
| 44. | Commercial inspection services business |
| 45. | Trading in industrial explosives (including disposal activities) |
| 46. | Trading in explosive precursors. |
| 47. | Businesses operating in industries or professions that utilize industrial explosives and explosive precursors. |
| 48. | Blasting services business |
| 49. | Trading in chemicals, excluding chemicals prohibited under the International Convention on the Prohibition of the Development, Production, Stockpiling, Use and Destruction of Chemical Weapons. |
| 50. | Wine business |
| 51. | Trading in tobacco products, tobacco raw materials, machinery, and equipment related to the tobacco industry. |
| 52. | Food business falls under the specialized management of the Ministry of Industry and Trade. |
| 53. | Commodity Exchange Operations |
| 54. | Activities include electricity generation, transmission, distribution, wholesale, retail, export, import, and specialized consulting services in the power sector. |
| 55. | Rice export |
| 56. | Business of temporary import and re-export of goods subject to excise tax. |
| 57. | Temporary import and re-export of frozen food products. |
| 58. | Trading in the temporary import and re-export of goods included in the list of used goods. |
| 59. | Franchise |
| 60. | Logistics services business |
| 61. | Mineral trading |
| 62. | Trading in industrial precursors |
| 63. | Trading in goods and activities directly related to trading in goods by foreign investors and economic organizations with foreign investment capital. |
| 64. | Multi-level marketing business |
| 65. | E-commerce activities |
| 66. | Oil and gas operations |
| 67. | Energy audit |
| 68. | Vocational education activities |
| 69. | Quality assurance of vocational education |
| 70. | Business of providing vocational skills assessment services. |
| 71. | Business of providing technical safety inspection services for labor |
| 72. | Business of providing occupational safety and health training services. |
| 73. | Employment services business |
| 74. | Business of providing services for sending workers to work abroad. |
| 75. | Business of providing voluntary drug addiction treatment services. |
| 76. | Labor leasing services business |
| 77. | Road transport business |
| 78. | Business of providing warranty and maintenance services for automobiles. |
| 79. | Manufacturing, assembling, and importing automobiles. |
| 80. | Motor vehicle inspection services business |
| 81. | Business of providing car driving training services. |
| 82. | Business of providing training services for traffic safety inspectors. |
| 83. | Business of providing driver's license testing services. |
| 84. | Business of providing traffic safety inspection services. |
| 85. | Water transport business |
| 86. | Business activities include building, modifying, repairing, and restoring inland waterway vessels. |
| 87. | Business of providing training services for crew members and operators of inland waterway vessels. |
| 88. | Training and instructing maritime crew members, and organizing the recruitment and supply of maritime crew members. |
| 89. | Maritime safety services business |
| 90. | Maritime transport business, ship agency services |
| 91. | Business of providing tugboat services |
| 92. | Importing and dismantling used ships. |
| 93. | Business activities include shipbuilding, conversion, and repair services. |
| 94. | Seaport operation and management business |
| 95. | Business air transport |
| 96. | Business activities include the design, manufacture, maintenance, and testing of aircraft, aircraft engines, aircraft propellers, and aircraft equipment and accessories in Vietnam. |
| 97. | Business airports and airports |
| 98. | Providing aviation services at airports. |
| 99. | Business of providing air traffic control services. |
| 100. | Business of providing training and professional development services for aviation personnel. |
| 101. | Railway transport business |
| 102. | Railway infrastructure business |
| 103. | Urban rail business |
| 104. | Multimodal transport services business |
| 105. | Business of transporting hazardous goods |
| 106. | Pipeline transportation business |
| 107. | Real estate business |
| 108. | Business activities include providing training and knowledge enhancement services in real estate brokerage and real estate exchange management. |
| 109. | Business activities include providing training and professional development services in the management and operation of apartment buildings. |
| 110. | Business of providing consulting services for construction investment project management. |
| 111. | Construction survey services business |
| 112. | Business services include organizing design and design review for construction projects. |
| 113. | Business of providing construction supervision and consulting services. |
| 114. | Business of providing construction services. |
| 115. | Construction activities of foreign contractors |
| 116. | Business of providing construction investment cost management services. |
| 117. | Business of providing construction quality inspection services. |
| 118. | Business of providing specialized construction testing services. |
| 119. | Business of providing management and operation services for apartment buildings. |
| 120. | Business of providing management and operation services for crematoriums. |
| 121. | Business of providing construction planning and design services. |
| 122. | Business of providing urban planning consulting services carried out by foreign organizations or individuals. |
| 123. | Trading in white asbestos products belonging to the Serpentine group. |
| 124. | Postal services business |
| 125. | Telecommunications services business |
| 126. | Business of providing digital signature authentication services. |
| 127. | Publishing house operations |
| 128. | Printing services business, excluding packaging printing. |
| 129. | Business of publishing and distribution services |
| 130. | Social media services business |
| 131. | Online gaming business via telecommunications and the Internet. |
| 132. | Business of providing paid radio and television services. |
| 133. | Business of providing services for setting up comprehensive electronic information websites. |
| 134. | Services for processing, recycling, repairing, and refurbishing used information technology products included in the list of prohibited imported used information technology products for foreign partners. |
| 135. | Business of providing information content services on mobile telecommunication networks and the Internet. |
| 136. | Business services for registering and maintaining “.vn” domain names. |
| 137. | Business in cybersecurity products and services. |
| 138. | Business in civilian cryptographic products and services. |
| 139. | Trading in devices that jam or disrupt mobile communication signals. |
| 140. | Activities of preschool education institutions |
| 141. | Activities of general education institutions |
| 142. | Activities of higher education institutions |
| 143. | Activities of foreign-invested educational institutions, foreign educational representative offices in Vietnam, and branches of foreign-invested educational institutions. |
| 144. | Activities of continuing education institutions |
| 145. | Activities of special schools |
| 146. | Training collaboration activities with foreign countries |
| 147. | Education quality Accreditation |
| 148. | Business of providing study abroad consulting services. |
| 149. | Fisheries |
| 150. | Seafood business |
| 151. | Trading in aquatic feed and animal feed. |
| 152. | Business of providing testing services for aquatic feed and animal feed. |
| 153. | Trading in biological products, microorganisms, chemicals, and environmental treatment substances for aquaculture. |
| 154. | Business of building and modifying fishing vessels. |
| 155. | Breeding, rearing, and artificial cultivation of wild animal and plant species listed in the Appendix of the CITES Convention. |
| 156. | Breeding, raising, and artificially cultivating wild, endangered, rare, and precious animal and plant species not listed in the Appendix of the CITES Convention. |
| 157. | Breeding and raising common wild animals |
| 158. | Export, import, re-export, transit, and domestic trade of specimens from nature as defined in the Annex to the CITES Convention. |
| 159. | Export, import, and re-export of breeding, rearing, and artificially cultivated specimens as stipulated in the Appendix of the CITES Convention. |
| 160. | The business of forest plants and animals involves restricting their exploitation and use for commercial purposes. |
| 161. | Pesticide business |
| 162. | Business of providing services for handling objects subject to plant quarantine. |
| 163. | Business of providing pesticide testing services. |
| 164. | Plant protection services business |
| 165. | Trading in veterinary medicines, vaccines, biological products, microorganisms, and chemicals used in veterinary medicine. |
| 166. | Providing technical services in veterinary medicine. |
| 167. | Business of providing animal testing and surgery services. |
| 168. | Business services include vaccination, disease diagnosis, prescription, treatment, and animal health care. |
| 169. | Business activities include providing testing and evaluation services for veterinary drugs (including veterinary drugs, aquatic veterinary drugs, vaccines, biological products, microorganisms, and chemicals used in veterinary and aquatic veterinary medicine). |
| 170. | Concentrated livestock farming business |
| 171. | Operating a livestock and poultry slaughterhouse. |
| 172. | The food business falls under the specialized management of the Ministry of Agriculture and Rural Development. |
| 173. | Business of providing quarantine and isolation services for animals and animal products. |
| 174. | Trading in fertilizers |
| 175. | Fertilizer testing services business |
| 176. | Trading in plant and animal breeds. |
| 177. | Aquaculture seed business |
| 178. | Business of providing testing services for plant and animal breeds. |
| 179. | Business of providing testing services for aquatic animal breeds. |
| 180. | Business activities include providing testing and evaluation services for biological products, microorganisms, chemicals, and environmental treatment substances used in aquaculture. |
| 181. | Trading in genetically modified products. |
| 182. | Business of providing medical examination and treatment services. |
| 183. | Business of providing HIV testing services. |
| 184. | Model banking services business |
| 185. | Business activities include providing assisted reproductive services, sperm storage, and embryo storage. |
| 186. | Business of providing testing services for infectious disease-causing microorganisms. |
| 187. | Vaccination service business |
| 188. | Business of providing opioid addiction treatment services using substitute medications. |
| 189. | Business of providing cosmetic surgery services |
| 190. | Business of providing surrogacy services |
| 191. | Pharmaceutical business |
| 192. | Cosmetics manufacturing |
| 193. | Trading in chemicals and insecticides/bactericides used in the household and medical fields. |
| 194. | Food business falls under the specialized management of the Ministry of Health. |
| 195. | Medical equipment business |
| 196. | Operation of medical device classification facility |
| 197. | Business of providing inspection services for medical equipment. |
| 198. | Business activities include providing intellectual property assessment services (including: assessment of copyright and related rights, assessment of industrial property rights, and assessment of plant variety rights). |
| 199. | Business providing radiation services |
| 200. | Business of providing support services for the application of atomic energy. |
| 201. | Business of providing conformity assessment services |
| 202. | Business activities include providing inspection, calibration, and testing services for measuring instruments and measurement standards. |
| 203. | Manufacturing helmets for motorcyclists and scooter riders. |
| 204. | Business in technology assessment, valuation, and evaluation services. |
| 205. | Business of providing intellectual property representation services. |
| 206. | Business of providing services for the production, distribution, and dissemination of films. |
| 207. | Business of providing antique appraisal services. |
| 208. | Business services include project planning, construction organization, and construction supervision for the preservation, restoration, and rehabilitation of historical relics. |
| 209. | Karaoke and nightclub business |
| 210. | Travel and tour services business |
| 211. | Business activities related to sports operations by sports enterprises and professional sports clubs. |
| 212. | Business activities include providing performing arts services, fashion shows, and organizing beauty and model contests. |
| 213. | Business of audio and video recordings of music, dance, and theatrical performances. |
| 214. | Accommodation business |
| 215. | Business of providing advertising and product promotion services to the public. |
| 216. | Buying and selling relics, antiques, and national treasures. |
| 217. | Exporting relics and antiques not owned by the state or political organizations; importing cultural goods subject to specialized management by the Ministry of Culture, Sports and Tourism. |
| 218. | Museum services business |
| 219. | Business of electronic games (excluding the business of electronic games with prizes for foreigners and the business of online electronic games with prizes) |
| 220. | Business of providing consulting services for land survey and assessment. |
| 221. | Business services related to land use planning and plan development. |
| 222. | Business activities include providing services for the construction of information technology infrastructure and the development of software for land information systems. |
| 223. | Business of providing land database construction services. |
| 224. | Business of providing land valuation services. |
| 225. | Business of surveying and mapping services |
| 226. | Business of providing meteorological and hydrological forecasting and warning services. |
| 227. | Business services related to groundwater drilling and groundwater exploration. |
| 228. | Business activities involving the exploitation and use of water resources, and the discharge of wastewater into water sources. |
| 229. | Business activities include providing basic survey services, consulting on planning, projects, and reports on water resources. |
| 230. | Mineral exploration services business |
| 231. | Mineral extraction |
| 232. | Business of providing transportation and treatment services for hazardous waste. |
| 233. | Importing scrap metal |
| 234. | Environmental monitoring services business |
| 235. | Business in biological products for waste treatment |
| 236. | Commercial bank business operations |
| 237. | Business operations of non-bank credit institutions |
| 238. | Business activities of cooperative banks, people's credit funds, and microfinance institutions. |
| 239. | Providing payment intermediary services |
| 240. | Provide credit information services |
| 241. | Foreign exchange activities of organizations that are not credit institutions. |
| 242. | Gold trading |
| 243. | The activity of printing and minting money. |
