1. Banned business investment activities

  • Business in banned narcotic substances (specified in Appendix I, 2020 Law on Investment).
  • Business in banned chemicals and minerals (specified In Appendix II, 2020 Law on Investment).
  • Business in specimens of wild flora and fauna specified In Appendix 1 of Convention on International Trade in Endangered Species of Wild Fauna and Flora; specimens of hire and/or endangered species of wild fauna and flora in group I of Appendix III, 2020 Law on Investment.
  • Prostitution
  • Human trafficking; trade in human tissues, corpses, human organs and human fetuses. Business activities pertaining to asexual human reproduction.
  • Trade in firecrackers.
  • Provision of debt collection services.

(Article 6, Law on Investment 2020)

2. 25 business lines with prohibited market access

  • Trade in goods and services on the list of goods and services under state monopoly.
  • Press activities and collection of news in any form.
  • Fishing or harvesting marine species.
  • Investigative and security services.
  • Administrative and judicial services, including judicial assessment services, bailiff services, property Auction services, notary services, official receiver’s services.
  • Guest worker under labor contract services.
  • Investment in construction of cemeteries for transfer Ilf land use right and infrastructure thereon.
  • Direct collection of garbage from households.
  • Public survey services.
  • Blasting services.
  • Manufacture, sale of weapons, explosive materials III id combat gears.
  • Import, dismantlement of used seagoing ships.
  • Public postal services.
  • Goods transshipment business.
  • Temporary import for re-export of goods.
  • Exercise of rights to export, import distribute goods on the list of goods to which foreign investors and foreign-invested business organizations do not have the right to export, import or distribute.
  • Collection, purchase, and handling of public property at armed force units.
  • Manufacture of military equipment or materials; trade in military equipment, military weapons, specialized equipment and vehicles exclusively for used by the military and the police, specialized equipment and parts thereof, manufacture technology thereof.
  • Industrial property representative services and Intellectual property assessment services.
  • Services that involve establishment, operation, sustainment and maintenance of maritime signals, water zones, water areas, public navigable channels and maritime routes; survey of water  zones, water areas, public navigable channels and maritime routes serving I he maritime  announcements; survey, development and publishing nautical charts for water bodies, seaports, navigable channels and maritime routes; development and publishing of marine safety publications.
  • Maritime safety services in water zones, water areas and public navigable channels; electronic maritime information services.
  • Services that involve inspection (inspection and testing) and issuance of certificates to vehicles (including systems, assembled parts, devices and parts of vehicles); inspection and issuance  of certificates of technical safety and environmental safety to vehicles, specialized equipment,  containers, equipment for packaging dangerous goods used in transport; inspection and issuance of certificates of technical safety and environmental safety to vehicles and equipment used for  exploration, extraction and transport of petroleum at sea; occupational safety inspection of equipment  subject to strict occupational safety requirements on vehicles and equipment used for  exploration, extraction and transport of petroleum at sea; fishing vessel inspection and registration services.
  • Services that involve survey, assessment and harvest of natural forests (including logging, hunting, trapping wild and rare animals, management of gene pools <>l plants, domestic animals and microorganisms used in agriculture).
  • Research or use genetic resources of new livestock breeds before being appraised and evaluated by the Ministry of Agriculture and Rural Development.
  • Travel services, except international travel services for outbound tourists to Vietnam.

3. 59 business lines with restricted market access

  • Manufacture and distribution of media products, including video recordings.
  • Manufacture, distribution, broadcasting of TV programs, stage performances and cinematic works.
  • Provision of audio and television broadcasting services.
  • Insurance; banking, securities trading and relevant services.
  • Postal and telecommunications services.
  • Advertising services.
  • Printing and publishing services.
  • Geodesy and cartography services.
  • Aerial photography services.
  • Education services.
  • Survey, extraction and processing of natural resources, minerals and petroleum.
  • Hydropower, offshore wind power and nuclear power.
  • Transport of goods and passengers by rail, air, road, river, sea, pipeline.
  • Forestry and hunting.
  • Betting and casino business.
  • Security services.
  • Construction, operation and management of river ports, seaports and airports.
  • Real estate business.
  • Legal services.
  • Veterinary services.
  • Trade in goods and activities directly related to trade in goods of foreign service providers in Vietnam.
  • Technical analysis and inspection services.
  • Tourism services.
  • Health and social services.
  • Sports and entertainment services.
  • Paper production.
  • Manufacture of vehicles with more than 29 seats.
  • Development and operation of traditional markets.
  • Operation of Goods Exchanges.
  • LCL consolidation services.
  • Audit, accounting and tax services.
  • Valuation services; valuation of enterprises serving equitization.
  • Services relevant to agriculture, forestry, and aquaculture.
  • Manufacture of airplanes.
  • Manufacture of locomotives and railway carriages.
  • Manufacture, sale tobacco products, tobacco ingredients, and equipment for tobacco
  • Publisher’s activities.
  • Building and repair of seagoing ships.
  • Waste collection services, environmental monitoring services.
  • Commercial arbitration services, arbitration mediation services.
  • Logistics services.
  • Coastal transport services.
  • Farming, manufacture or processing of rare and valuable plants, breeding of rare, valuable wild animals and processing thereof, including live animals and their products.
  • Manufacture of building materials.
  • Construction and relevant technical services.
  • Motorcycle assembly.
  • Services relevant to sports, fine art, performing art, fashion show, beauty pageant and other entertainment activities.
  • Auxiliary services for air transport; ground services at airports; catering services on aircraft; navigation Information services, air navigation and control services, meteorological services.
  • Shipping agencies; towing service.
  • Services relevant to cultural heritages, copyrights and related rights, photography, video recording, audio recording, art exhibitions, festivals, libraries, museums.
  • Services relevant to tourism promotion and advertising.
  • Representation, recruitment, scheduling, management services for artists and athletes.
  • Family-related services.
  • E-commerce activities.
  • Cemetery business, cemetery services and funeral services.
  • Aerial application.
  • Marine pilotages.
  • Business lines in which investment is under pilot mechanisms of the National Assembly, Standing committee of the National Assembly, the Government or the Prime Minister.

(Section B, Appendix I of Decree No. 31/2021/ND-CP)