Decision No. 01/2021/QD-TTg Vietnam’s Classification of International Trade in Services

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Decision No. 01/2021/QD-TTg dated January 05, 2021 of the Prime Minister promulgating the Vietnam’s Classification of International Trade in Services
Issuing body: Prime MinisterEffective date:
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Official number:01/2021/QD-TTgSigner:Nguyen Xuan Phuc
Type:DecisionExpiry date:Updating
Issuing date:05/01/2021Effect status:
Known

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Fields:Commerce - Advertising , Export - Import

SUMMARY

The Vietnam’s Classification of International Trade in Services

On January 05, 2021, the Prime Minister issues the Decision No. 01/2021/QD-TTg promulgating the Vietnam’s Classification of International Trade in Services.

Accordingly, the Vietnam’s Classification of International Trade in Services includes 05 levels: Services for export and import goods processing; Maintenance and repair services which have not been detailed elsewhere; Service of transportation; Tourism and other travel services; Construction services; Insurance and retirement services; Financial services; Fees for use of intellectual property rights; Computer, information and telecommunications services; Personal, cultural and entertainment services; etc.

Besides, Level-1 sector comprises 12 services encoded in 2 digits from 1 to 12; Level-2 sector comprises 45 services encoded in 4 digits according to the corresponding level-1 sector; Level-3 sector comprises 95 services encoded in 5 digits according to the corresponding level-2 sector; Level-4 sector comprises 136 services encoded in 6 digits according to the corresponding level-3 sector; Level-5 sector comprises 168 services encoded in 7 digits according to the corresponding level-4 sector.

This Classification also provides clear explanations of services for international trade, including the concepts and identities of activities of international trade in services and services covered and services not covered by statistics of international trade in services.

This Decision takes effect on March 01, 2021.

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Effect status: Known

THE PRIME MINISTER

 

THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

No. 01/2021/QD-TTg

 

Hanoi, January 5, 2021

 

DECISION

Promulgating the Vietnam’s Classification of International Trade in Services[1]

 

Pursuant to the June 19, 2015 Law on Organization of the Government; and the November 22, 2019 Law Amending and Supplementing a Number of Articles of the Law on Organization of the Government and Law on Organization of Local Administration;

Pursuant to the November 23, 2015 Statistics Law;

Pursuant to the Government’s Decree No. 94/2016/ND-CP of July 1, 2016, detailing and guiding the implementation of a number of articles of the Statistics Law;

Pursuant to the Government’s Decree No. 85/2017/ND-CP of July 19, 2017, defining the structures, tasks and powers of the centralized statistical system and statistical systems of ministries and ministerial-level agencies;

At the proposal of the Minister of Planning and Investment;

The Prime Minister promulgates the Decision on the Vietnam’s Classification of International Trade in Services.

 

Article 1. Scope of regulation

The Vietnam’s Classification of International Trade in Services shall be uniformly used in state statistical activities.

Article 2. Subjects of application

This Decision applies to agencies, organizations and individuals involved in the making of statistics of international trade in services in accordance with the 2015 Statistics Law.

Article 3. To promulgate together with this Decision the Vietnam’s Classification of International Trade in Services and its contents

To promulgate together with this Decision the Vietnam’s Classification of International Trade Services and its contents.

1. The Vietnam’s Classification of International Trade Services has 5 levels (Appendix I):

- Level-1 sector comprises 12 services encoded in 2 digits from 01 to 12;

- Level-2 sector comprises 45 services encoded in 4 digits according to the corresponding level-1 sector;

- Level-3 sector comprises 95 services encoded in 5 digits according to the corresponding level-2 sector;

- Level-4 sector comprises 136 services encoded in 6 digits according to the corresponding level-3 sector;

- Level-5 sector comprises 168 services encoded in 7 digits according to the corresponding level-4 sector.

2. The contents of the Vietnam’s Classification of International Trade in Services provide clear explanations of services for international trade, including the concepts and identities of activities of international trade in services and services covered and services not covered by statistics of international trade in services (Appendix II).

Article 4. Effect

1. This Decision takes effect on March 1, 2021.

2. Ministers, heads of ministerial-level agencies, heads of government-attached agencies, chairpersons of provincial-level People’s Committees, and related agencies and organizations shall implement this Decision.-

Prime Minister
NGUYEN XUAN PHUC

* The appendices to this Decision are not translated.


[1] Công Báo Nos 117-118 (26/01/2021)

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