Sectors and trades banned from business investment
Hi DMS Attorneys in Vietnam! Can you advise on industries and trades in which business investment is prohibited in Vietnam ?
Hi!
The following business investment activities are prohibited:
- Business in drugs prescribed in Appendix 1 to this Law;
- Business in chemicals or minerals of types prescribed in Appendix 2 to this Law;
- Business in specimens of wild fauna or flora included in Schedule 1 of the Convention on International Trade in Endangered Species and specimens of species of endangered and rare wild fauna or flora in Category 1 with the natural origin as prescribed in Appendix 3 to this Law;
- Business in prostitution;
- Purchase or sale of humans, tissues or parts of the human body;
- Activities relating to asexual reproduction.
Production or use of products prescribed in Points (a), (b) and (c) of Clause 1 of this article for analysis, testing, scientific research, medical care, production of pharmaceutical products, investigation of crimes, or protection of national defence and security shall be conducted in accordance with Government regulations (Article 6 Law on Investment No. 67/2014/QH13 dated November 26, 2014).
Consulting services:
Phone: 0914 165 703 or Email: dmslawfirm@gmail.com
Industries and trades in which business investment is prohibited in Vietnam
Prepared by: Thi-Ha Nguyen, ACCA | DMS Law firm in Vietnam Director (Signed) Lawyer Do Minh Son |
RELATING ITEMS
Authority of the Prime Minister of Vietnam to make decision on investment policy
09 May, 2020// Group: LAW ON INVESTMENTProjects subject to the authority of the Prime Minister of Vietnam to make decision on investment policy ?
Authority of the National Assembly of Vietnam to make decision on investment policy
09 May, 2020// Group: LAW ON INVESTMENTProjects subject to the authority of the National Assembly of Vietnam to make the decision on the investment policy ?
Investment in the form of BCC contract in Vietnam
09 May, 2020// Group: LAW ON INVESTMENTForeign investors, foreign enterprises and the foreign parties to a BBC contract in Vietnam
Investment in the form of PPP contract
09 May, 2020// Group: LAW ON INVESTMENTForeign investors, foreign companies may sign a Public - Private Partnership contract (PPP contract) in Vietnam
Investment in Vietnam in the form of capital contribution or purchase of shares or portion of capital contribution
09 May, 2020// Group: LAW ON INVESTMENTOverseas companies, overseas investors may make investment in Vietnam in the form of capital