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Decree no. 31/2021/ND-CP dated March 26, 2021 Detailing and guiding the implementation of a number of articles of the Law on Investment
Update: 6/5/2024 | 5:06:17 PM - Dragon Law Firm
Decree no. 31/2021/ND-CP dated March 26, 2021 Detailing and guiding the implementation of a number of articles of the Law on Investment specifies 84 business lines with prohibited and restricted market access
Decree no. 31/2021/ND-CP dated March 26, 2021 Detailing and guiding the implementation of a number of articles of the Law on Investment specifies 84 business lines with prohibited and restricted market access.
A. SECTORS AND TRADES IN WHICH MARKET ACCESS IS NOT YET PERMITTED FOR FOREIGN INVESTORS
1. Trading in goods and services on the list of goods and services subject to state monopoly in the field of commerce.
2. Press activities and collection of news in all forms.
3. Fishing or marine resource exploitation.
4. Investigation and security services.
5. Judicial administrative services, including judicial expertise services, bailiff services, property auction services, notarization services, and asset administrator services.
6. Service of sending guest workers abroad.
7. Investment in building infrastructure of cemeteries and graveyards for the purpose of transferring land use rights combined with infrastructure.
8. Direct collection of garbage from households.
9. Public survey service (opinion poll).
10. Blasting service.
11. Production of and trading in weapons, explosive materials and supporting tools.
12. Import and demolition of used seagoing vessels.
13. Public-utility postal services.
14. Border-gate transfer of goods.
15. Temporary import for re-export.
16. Exercise of the rights to import, export and distribute goods on the list of goods which foreign investors and foreign-invested economic organizations may not exercise the rights to export, import and distribute.
17. Collection, purchase and handling of public assets at armed forces units.
18. Production of military materials or equipment; trading in military equipment and supplies for the armed forces, military weapons, equipment, techniques, ammunitions, specialized military and police vehicles, components, spare parts, supplies and special equipment, and specialized technologies for manufacturing thereof;
19. Provision of industrial property representation and intellectual property examination services.
20. Services of establishment, operation, sustainment and maintenance of navigational signals, water zones, waters, public navigational channels and navigational routes; services of surveying water zones, waters, public navigational channels and navigational routes serving the publication of marine notices; services of surveying, drawing up and publishing charts of waters, seaports, navigational channels and routes; compilation and distribution of maritime safety documents and publications.
21. Regulatory services to ensure maritime safety in water zones, waters and public navigational channels; maritime electronic information services.
22. Services of inspection (examination and testing) and grant of certificates for means of transport (including systems, assemblies, equipment and components of means of transport); inspection and grant of technical safety and environmental protection certificates for special-use vehicles and equipment, containers, dangerous goods packaging equipment used in transportation; inspection and grant of technical safety and environmental protection certificates for means and equipment for oil and gas exploration, exploitation and transportation at sea; technical inspection of occupational safety for machinery and equipment that are subject to strict requirements on occupational safety and installed on means of transport and means and equipment for oil and gas exploration, exploitation and transportation at sea; and fishing vessel registration.
23. Services of investigation, assessment and exploitation of natural forests (including logging, hunting, trapping of rare and precious wild animals, management of genetic resources of plants, domestic animals and microorganisms used in agriculture).
24. Research or use of genetic resources of new livestock breeds before they are appraised and evaluated by the Ministry of Agriculture and Rural Development.
25. Provision of travel services, except for international travel services serving inbound international tourists.
B. SECTORS AND TRADE IN WHICH FOREIGN INVESTORS ARE SUBJECT TO CONDITIONAL MARKET ACCESS
1. Production and distribution of cultural products, including video recordings.
2. Production, distribution and broadcasting of TV programs, music and dance works, stage performances and cinematographic works.
3. Provision of radio and television broadcasting services.
4. Insurance; banking, securities trading and services related thereto.
5. Post and telecommunications services.
6. Advertising services.
7. Printing and publication distribution services.
8. Geodetic and cartographic services.
9. Aerial photography services.
10. Education services.
11. Survey, exploitation and processing of natural resources, minerals and oil and gas.
12. Hydropower, offshore wind power and nuclear power.
13. Transportation of goods and passengers by rail, air, road, river, sea and pipeline.
14. Aquaculture.
15. Forestry and hunting.
16. Betting and casino business.
17. Security services.
18. Construction, operation and management of river ports, seaports and airports.
19. Real estate business.
20. Legal services.
21. Animal health services.
22. Trade in goods and activities directly related to trade in goods of foreign service providers in Vietnam.
23. Technical inspection and analysis services.
24. Tourism services.
25. Health and social services.
26. Sports and entertainment services.
27. Paper production.
28. Manufacture of vehicles with more than 29 seats.
29. Development and operation of traditional marketplaces.
30. Operation of goods exchanges.
31. Inland less-than container load (LCL) services.
32. Audit, accounting, book-keeping and tax services.
33. Valuation services; enterprise valuation consultation for equitization.
34. Services related to agriculture, forestry and fishery.
35. Production and manufacture of aircraft.
36. Production and manufacture of locomotives and railway carriages.
37. Production of and trading in cigarettes, tobacco materials, machinery and equipment of the tobacco industry.
38. Operations of publishing houses.
39. Building and repair of seagoing vessels.
40. Waste collection and environmental monitoring services.
41. Commercial arbitration and arbitration mediation services.
42. Logistics services.
43. Coastal transport services.
44. Cultivation, manufacture or processing of precious and rare plants, rearing and breeding of precious and rare wild animals and processing and disposal thereof, including also live animals and products made thereof;
45. Production of building materials.
46. Construction and relevant technical services.
47. Motorcycle assembly.
48. Services related to sports, fine arts, performing arts, fashion shows, beauty and model contests, and other entertainment activities.
49. Auxiliary services for air transport; ground technical services at airports and airfields; inflight catering services; communication, navigation and surveillance services and aviation meteorological services.
50. Shipping agency services; ship towage services
51. Services related to cultural heritages, copyright and related rights, photography, video recording, audio recording, art exhibitions, festivals, libraries, and museums;
52. Tourism promotion and advertising services.
53. Representation, recruitment agency, and booking and management services for artists and athletes.
54. Family-related services.
55. E-commerce activities.
56. Cemetery business, cemetery services and funeral services.
57. Aerial seeding and chemical spraying services.
58. Maritime pilotage services.
59. Investment sectors and trades under pilot mechanisms applied by the National Assembly, National Assembly Standing Committee, Government and Prime Minister.
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