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Look up conditional business lines 2024
Conditional business lines must be licensed by the competent authority so that the enterprise can operate legally in Vietnam. There are many conditions and regulations applied to each business line. Therefore, you need to look up and understand the list of conditional business lines in this article to have a reasonable choice of business investment lines:
What is a conditional business line?
A conditional business line is a line of business in which investment and business activities in that field require special regulations, requirements, or licenses from the state management agency. These conditions are often applied to ensure safety, quality, compliance with the law and order in business activities, and to protect the interests of consumers, the community, and the nation.
The conditions for registering a conditional business line may include: Capital conditions, labor conditions (For example, the medical, legal, engineering, architectural, and educational sectors may require certificates, degrees, or professional authority), conditions on safety and environmental regulations, electricity on some types of sub-licenses, etc.
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Lookup table of conditional business lines
Currently, in Appendix IV of the Investment Law 2020, along with guiding and supplementary documents, there are a total of 230 conditional business lines. This requires investors to fully meet the conditions in order to invest in these business lines. Below, Siglaw sends to customers a list of conditional business lines and investment lines stipulated by Vietnamese law as follows:
| No. | Conditional business lines |
| 1 | Production of seals |
| 2 | Combat gear trading (including repair) |
| 3 | Trading in fireworks, excluding firecrackers |
| 4 | Trading in camouflage devices and software used for sound and video recording and positioning |
| 5 | Trading in paintball guns |
| 6 | Trading in military 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 production thereof |
| 7 | Pawnshop services |
| 8 | Massage services |
| 9 | Trading in warning devices for emergency vehicles |
| 10 | Security guard services |
| 11 | Fire safety and firefighting services |
| 12 | Lawyer’s practice |
| 13 | Notary’s practice |
| 14 | Judicial assessment in the fields of finance, banking, construction, antiques, relics, copyright |
| 15 | Auctioneer’s practice |
| 16 | Bailiff’s practice |
| 17 | Practice by asset managers and liquidators regarding assets of enterprises and co-operatives in the pending time of bankruptcy |
| 18 | Accounting services |
| 19 | Auditing services |
| 20 | Tax agency services |
| 21 | Customs agency services |
| 22 | Duty-free goods trading |
| 23 | Bonded warehouse and container freight station business |
| 24 | Premises for conducting customs procedures, customs gathering, inspection and supervision for rent |
| 25 | Securities trading |
| 26 | Securities registration, depository, clearing and settlement services rendered by Vietnam Securities Depository and Clearing Corporation (VSDC), organization of markets for trading of listed securities and other securities |
| 27 | Insurance business |
| 28 | Reinsurance business |
| 29 | Insurance brokerage and insurance auxiliary services |
| 30 | Insurance agency |
| 31 | Price valuation services |
| 32 | Lottery business |
| 33 | Prize-winning electronic games for foreigners |
| 34 | Credit rating services |
| 35 | Casino business |
| 36 | Betting business |
| 37 | Voluntary retirement fund management services |
| 38 | Petro and oil trading |
| 39 | Gas trading |
| 40 | Commercial assessment services |
| 41 | Industrial explosive trading (including destruction thereof) |
| 42 | Explosive precursor trading |
| 43 | Business operations using industrial explosives and explosive precursors |
| 44 | Blasting services |
| 45 | Trading in chemicals, except banned chemicals according to Convention on the Prohibition of the Development, Production, Stockpiling and Use of Chemical Weapons and on their Destruction |
| 46 | Spirit trading |
| 47 | Trading tobacco products, tobacco raw materials, and machinery and equipment serving tobacco industry |
| 48 | Trading in foods under the management of the Ministry of Industry and Trade |
| 49 | Commodity exchange operations |
| 50 | Electricity generation, transmission, distribution, wholesaling, retail and consultancy |
| 51 | Rice export |
| 52 | Temporary import for re-export of goods subject to special excise tax |
| 53 | Temporary import for re-export of frozen food |
| 54 | Temporary import for re-export of goods on the List of used goods |
| 55 | Mineral trading |
| 56 | Industrial precursor trading |
| 57 | Goods trading and activities directly related goods trading by foreign service providers in Vietnam |
| 58 | Multi-level marketing |
| 59 | E-commerce activities |
| 60 | Petroleum activities |
| 61 | Energy auditing |
| 62 | Vocational educational activities |
| 63 | Vocational education accreditation |
| 64 | Occupational skill assessment services |
| 65 | Occupational safety inspection services |
| 66 | Occupational safety and health training services |
| 67 | Employment agency services |
| 68 | Overseas employment agency services |
| 69 | Voluntary drug rehabilitation services, smoking cessation services, HIV/AIDS treatment service, care services for the elderly, people with disabilities and children |
| 70 | Labor outsourcing services |
| 71 | Road transport services |
| 72 | Automobile warranty and maintenance services |
| 73 | Manufacture, assembly and import of automobiles |
| 74 | Motor vehicle inspection services |
| 75 | Automobile driver training services |
| 76 | Traffic safety inspector training services |
| 77 | Driving test services |
| 78 | Traffic safety assessment services |
| 79 | Waterway transport services |
| 80 | Inland waterway ship building, modification, repair and restoration services |
| 81 | Inland waterway ship crewmember and operator training services |
| 82 | Crewmember training and coaching, and ship crewmember recruitment and supply |
| 83 | Maritime safety services |
| 84 | Sea transport services |
| 85 | Ship towing services |
| 86 | Import and dismantling of used sea-going ship |
| 87 | Ship building, modification and repair services |
| 88 | Commercial operation of seaports |
| 89 | Air transport business |
| 90 | Aircraft, aircraft engine, propeller and aircraft equipment design, manufacture and testing services in Vietnam |
| 91 | Commercial operation of airports and aerodromes |
| 92 | Aviation services at airports and aerodromes |
| 93 | Air navigation services |
| 94 | Flight crew training services |
| 95 | Rail transport business |
| 96 | Rail infrastructure business |
| 97 | Urban rail business |
| 98 | Multimodal transport services |
| 99 | Hazardous goods transport services |
| 100 | Pipeline transport services |
| 101 | Real estate business |
| 102 | Clean water (domestic water) trading |
| 103 | Architectural services |
| 104 | Construction project management consultancy services |
| 105 | Construction survey services |
| 106 | Construction design and construction design assessment services |
| 107 | Construction supervision services |
| 108 | Construction services |
| 109 | Foreign contractors’ construction activities |
| 110 | Construction cost management services |
| 111 | Construction inspection services |
| 112 | Construction experiment services |
| 113 | Apartment building operation and management services |
| 114 | Cremation facility management and operation services |
| 115 | Construction planning formulation services |
| 116 | Trading in white asbestos of the serpentine group |
| 117 | Postal services |
| 118 | Telecommunications services |
| 119 | Digital signature authentication services |
| 120 | Publishers’ activities |
| 121 | Printing services excluding package printing |
| 122 | Publication release services |
| 123 | Social network services |
| 124 | Telecommunications network- and internet-based games |
| 125 | Pay radio and television services |
| 126 | General news website development services |
| 127 | Processing, recycling, repair and refurbishment of used IT products on the list of used IT products banned from import for foreign partners |
| 128 | Provision of information and IT services on mobile network or the Internet |
| 129 | Domain name registration and maintenance services |
| 130 | Data center services |
| 131 | Electronic identification and authentication services |
| 132 | Network information security products and services |
| 133 | Imported newspaper distribution services |
| 134 | Trading in civil cryptography products and services |
| 135 | Trading in mobile phone jammers |
| 136 | Operation of pre-school 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, branches of foreign-invested educational institutions |
| 140 | Operation of continuing education institutions |
| 141 | Operation of specialized schools |
| 142 | Educational cooperation with foreign partners |
| 143 | Education accreditation |
| 144 | Overseas study consultancy services |
| 145 | Fishing. |
| 146 | Trading in fishery products |
| 147 | Trading in aquaculture feeds and animal feeds |
| 148 | Aquaculture feed and animal feed testing services |
| 149 | Trading in biological preparations, microorganisms, chemicals, environmental remediation agents serving aquaculture and husbandry |
| 150 | Fishing vessel building and modification |
| 151 | Fishing vessel registration |
| 152 | Training and retraining crew members of fishing vessels |
| 153 | Breeding and cultivation of wild flora and fauna prescribed in the CITES Appendices and the List of endangered, precious and rare forest plant and animal species and aquatic species |
| 154 | Breeding and raising normal wild animals |
| 155 | Import, export, re-export, transit, and introduction from the sea of natural specimens of species prescribed in the CITES appendices and lists of endangered, precious and rare forest plant and animal species and aquatic species |
| 156 | Import, export and re-export of bred, reared or artificially propagated specimens of species prescribed in the CITES appendices and lists of endangered, precious and rare forest plant and animal species and aquatic species |
| 157 | Processing, trading, transporting, advertising displaying and storing specimens of plant and animal species prescribed in the CITES appendices and lists of endangered, precious and rare forest plant and animal species and aquatic species |
| 158 | Trading in agrochemicals |
| 159 | Processing of items required to undergo plant quarantine |
| 160 | Agrochemical testing services |
| 161 | Plant protection services |
| 162 | Trading in veterinary drugs, vaccines, biological preparations, microorganisms and chemicals serving veterinary medicine |
| 163 | Veterinary technical services |
| 164 | Animal testing and surgery services |
| 165 | Vaccination, diagnosis, prescription, treatment and healthcare services for animals |
| 166 | Veterinary drug testing and experimenting services (including veterinary drugs, aquatic veterinary drugs, vaccines, biological preparations, microorganisms and chemicals serving veterinary medicine and aquaculture veterinary medicine) |
| 167 | Farm breeding services |
| 168 | Domestic animal and poultry slaughtering services |
| 169 | Trading in foods under the management of the Ministry of Agriculture and Rural Development |
| 170 | Animals and animal product quarantine services |
| 171 | Trading in fertilizers |
| 172 | Fertilizer testing services |
| 173 | Trading in plant varieties and animal breeds |
| 174 | Trading in aquatic breeds |
| 175 | Plant variety and animal breed testing services |
| 176 | Aquatic breed testing services |
| 177 | Testing biological preparations, microorganism, chemicals, environmental remediation agents serving aquaculture and husbandry |
| 178 | Trading in genetically modified food |
| 179 | Medical examination and treatment services |
| 180 | Cosmetic surgery services |
| 181 | Pharmacy business |
| 182 | Cosmetics production |
| 183 | Trading in insecticidal and germicidal chemicals and preparations for medical use |
| 184 | Trading in medical equipment |
| 185 | Industrial property assessment services (comprising assessment of copyright and related rights, assessment of industrial property ownership and assessment of plant variety rights) |
| 186 | Radiological work services |
| 187 | Atomic energy application ancillary services |
| 188 | Conformity assessment services |
| 189 | Verification, calibration and testing of measuring instruments and measurement standards |
| 190 | Technology assessment, valuation and examination services |
| 191 | Intellectual property right representation services (comprising industrial property representation services and plant variety right representation services) |
| 192 | Film release and distribution services |
| 193 | Antiques assessment services |
| 194 | Site/monument protection, renovation and restoration project planning, execution, supervision services |
| 195 | Karaoke and dance club business |
| 196 | Travel services |
| 197 | Sports business by sports enterprises and professional sports clubs |
| 198 | Art performance, fashion show, beauty contest, model contest services |
| 199 | Trading audios and videos of dance, music and stage performances |
| 200 | Accommodation services |
| 201 | Trading in relics, antiques and national treasures |
| 202 | Export of relics, antiques other than those under the ownership of the state, political organizations, socio-political organizations; import of cultural commodities under the management of the Ministry of Culture, Sports and Tourism |
| 203 | Museum services |
| 204 | Trading in electronic games (except for prize-winning electronic games for foreigners and online electronic prize-winning electronic games) |
| 205 | Land survey and assessment consultancy services |
| 206 | Land planning and plan formulation services |
| 207 | IT infrastructure and software infrastructure development services for land information systems |
| 208 | Land database development services |
| 209 | Land pricing services |
| 210 | Measurement and mapping services |
| 211 | Hydro-meteorological forecasting and warning services |
| 212 | Underground water drilling and survey services |
| 213 | Water resources extraction services and services of discharge of wastewater into water bodies |
| 214 | Services of baseline surveys of, and consultancy on formulation of water resources planning, schemes and reports |
| 215 | Mineral exploration services |
| 216 | Mineral mining |
| 217 | Hazardous waste transport and treatment services |
| 218 | Import of scrap |
| 219 | Environmental monitoring services |
| 220 | Business operation of commercial banks |
| 221 | Business operation of non-bank credit institutions |
| 222 | Business operation of cooperatives, people’s credit funds, microfinance institutions |
| 223 | Provision of intermediary payment services and provision of payment services without payment accounts of customers |
| 224 | Credit information services |
| 225 | Business operation and foreign exchange activities by organizations which are not credit institutions |
| 226 | Gold trading |
| 227 | Money printing and minting |
| 228 | Trading in network security products and services (excluding trading in network information security products and services and trading in civil cryptography products and services) |
| 229 | Training and certification of radio operators |
Some requirements for conditional business investment
According to the law, to invest in a conditional business, the following contents are required:
- Scope & subjects of business conditions.
- Types of enterprises subject to business investment conditions.
- Contents of business investment conditions.
- Documents & administrative procedures for compliance with conditional business investment (if any).
- Competent authorities to handle dossiers and administrative procedures for conditional business investment.
- Duration of validity of sub-licenses or certificates, licenses, and permits of conditional business lines.
Is it difficult to register a business in a conditional business line?
Regulations on conditional business lines are established with the main purpose of protecting the interests of the community, protecting consumers and ensuring sustainable development of the economy. Conditions are set to ensure that only qualified individuals and organizations with professional knowledge are allowed to operate in certain fields. This helps prevent unreliable or unqualified individuals or organizations from participating in important, sensitive or potentially dangerous industries for the community.
Each industry will have different conditions, and the requirements for the complexity of each industry are also different. If investors are looking to establish a new business, project or have a need to add a business line or investment but do not know whether their business is subject to business conditions or not, please contact Siglaw Law Firm for quick and free advice.
Phone: (+84) 961 366 238
Email:
- vphn@siglaw.com.vn
- vphcm@siglaw.com.vn
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