VietnameseResolution 66.17/2026/NQ-CP reduction and amendment of sectors and trades subject to conditional business investment
ATTRIBUTE
| Issuing body: | Government | Effective date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Official number: | 66.17/2026/NQ-CP | Signer: | Pham Thi Thanh Tra |
| Type: | Resolution | Expiry date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Issuing date: | 15/05/2026 | Effect status: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Fields: | Enterprise, Investment |
THE GOVERNMENT | THE SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness |
RESOLUTION
On reduction and amendment of sectors and trades subject to conditional business investment
Pursuant to the Law on Organization of the Government No. 63/2025/QH15;
Pursuant to the Law on Investment No. 143/2025/QH15;
Pursuant to the Law on Promulgation of Legal Documents No. 64/2025/QH15, amended and supplemented under Law No. 87/2025/QH15;
Pursuant to the National Assembly’s Resolution No. 206/2025/QH15 on special mechanisms for addressing difficulties arising from legal regulations;
At the proposal of the Minister of Finance;
The Government hereby promulgates the Resolution on reduction and amendment of sectors and trades subject to conditional business investment.
Article 1. Scope of regulation and subjects of application
1. This Resolution provides for the reduction and amendment of sectors and trades subject to conditional business investment prescribed in Appendix IV to the Law on Investment No. 143/2025/QH15 (hereinafter referred to as the Law on Investment).
2. This Resolution applies to investors and agencies, organizations, and individuals involved in business investment activities.
Article 2. Principles for reduction and amendment of sectors and trades subject to conditional business investment
1. Reduction of sectors and trades not genuinely necessary for reasons of national defence, national security, social order, social safety, social ethics, or community health in accordance with Clause 1 Article 7 of the Law on Investment.
2. Reduction of sectors and trades for which business investment conditions may be managed through standards, technical regulations, or occupational standards under a post-audit management approach.
3. Reduction and amendment of sectors and trades for which business investment conditions are unclear or substantially similar in nature, have already been controlled through other management activities, or sectors and trades for which business investment conditions have not yet been promulgated since their introduction, or are no longer prescribed.
Article 3. List of sectors and trades subject to conditional business investment
1. The List of sectors and trades subject to conditional business investment is provided in the Appendix to this Resolution.
2. Ministers and Heads of ministerial-level agencies shall study and provide substitute solutions and management plans for sectors and trades subject to conditional business investment repealed or amended under this Resolution, ensuring the effectiveness and efficiency of state management.
Article 4. Implementation organization
1. The Ministry of Finance shall review and propose amendments and supplements to Appendix IV to the Law on Investment to ensure consistency and uniformity.
2. Ministers and Heads of ministerial-level agencies shall promulgate standards, technical regulations, or occupational standards for sectors and trades reduced under this Resolution (where necessary), and establish the order and procedures for management under a post-audit approach before July 01, 2026. The Ministry of Science and Technology shall coordinate with ministries and sectors in promulgating technical regulations to ensure effectiveness concurrently with the effective date of this Resolution.
The formulation of legal documents prescribing standards, technical regulations, or occupational standards in this case shall be carried out under fast-track procedures.
3. Ministers, Heads of ministerial-level agencies, and Chairpersons of People’s Committees of provinces and centrally run cities shall implement this Resolution in a manner that ensures openness, transparency, effectiveness, and feasibility; avoiding loopholes, corruption, misconduct, losses, and waste.
4. Heads of agencies and units, cadres, civil servants, public employees, and persons participating in the formulation and promulgation of this Resolution shall be considered for exclusion, exemption, or mitigation of liability in accordance with Clause 7 Article 6 of Resolution No. 206/2025/QH15.
Article 5. Transitional provision
For sectors and trades subject to conditional business investment prescribed in the Law on Investment that are reduced under this Resolution, organizations and individuals may continue using licenses, certificates, professional certificates, certifications, or other forms of written authorization for investment or business issued by competent state agencies until the expiration of such documents.
Article 6. Effect
1. This Resolution takes effect from July 01, 2026, to the end of February 28, 2027, except as provided in Clause 2 of this Article.
2. Where laws, National Assembly’s resolutions, ordinances, resolutions of the National Assembly Standing Committee, or Government’s resolutions containing provisions on sectors and trades subject to conditional business investment relevant to this Resolution are passed or promulgated and become effective during the period from the signing date of this Resolution to the end of February 28, 2027, the corresponding provisions of this Resolution shall cease to be effective from the effective date of such legal documents.
3. During the effective period of this Resolution, where provisions on sectors and trades subject to conditional business investment under this Resolution differ from those of relevant legal documents, the provisions of this Resolution shall prevail, except as provided in Clause 2 of this Article.
| ON BEHALF OF THE GOVERNMENT DEPUTY PRIME MINISTER
|
Appendix
LIST OF SECTORS AND TRADES SUBJECT TO CONDITIONAL BUSINESS INVESTMENT
(Attached to the Government’s Resolution No. 66.17/2026/NQ-CP
dated May 15, 2026)
No. | Sectors and trades |
1 | Making seals |
2 | Trading in supporting tools (including also repair thereof) |
3 | Trading in assorted fireworks, except firecrackers |
4 | Trading in camouflage equipment and software used for sound recording, image recording and positioning, information interference devices and mobile communication jamming devices |
5 | Trading in military uniforms and military equipment for armed forces, military weapons, equipment and devices, techniques, materiel and vehicles exclusively used for military and public security forces; components, parts, spare parts, supplies and special-type equipment, and specialized technologies for manufacture thereof |
6 | Provision of pawn services |
7 | Provision of massage services |
8 | Provision of security services |
9 | Law practice |
10 | Notarial practice |
11 | Judicial assessment practice |
12 | Provision of auditing services |
13 | Commercial operation of bonded warehouses and container freight stations |
14 | Commercial operation of places for customs clearance, goods gathering and customs inspection and supervision |
15 | Securities trading |
16 | Provision of securities registration, depository, clearing and payment services; or support services for transactions on the domestic carbon trading exchange |
17 | Insurance business activities (excluding insurance auxiliary services) |
18 | Provision of price appraisal services |
19 | Lottery business |
20 | Prize-winning game business (including prize-winning electronic games for foreigners, casino business and betting business) |
21 | Provision of credit rating services |
22 | Provision of voluntary pension fund management services |
23 | Petrol and oil trading |
24 | Trading in industrial explosives (including also destruction thereof) |
25 | Trading in explosive precursors |
26 | Dealing in sectors and trades involving the use of industrial explosives and explosive precursors |
27 | Provision of blasting services |
28 | Trading in chemicals, except those in the List of banned chemicals and minerals prescribed in Appendix II to the Law on Investment No. 143/2025/QH15; chemical storage services; specialized chemical consultancy activities |
29 | Trading in tobacco products, tobacco materials, machinery and equipment specialized for the tobacco industry, excluding electronic cigarettes and heated tobacco products |
30 | Trading in food subject to specialized management by the Ministry of Industry and Trade, the Ministry of Agriculture and Environment, and the Ministry of Health |
31 | Operation of goods exchanges |
32 | Electricity generation, electricity transmission, electricity distribution, electricity wholesale and electricity retail activities |
33 | Rice export |
34 | Trading in industrial precursors |
35 | Goods purchase and sale activities and related activities of foreign service providers in Vietnam |
36 | Multi-level marketing |
37 | E-commerce activities: management and operation of intermediary e-commerce platforms, social media platforms engaged in e-commerce, integrated digital platforms; authentication of electronic contracts in commerce |
38 | Petroleum activities |
39 | Vocational education activities |
40 | Provision of occupational skill assessment services |
41 | Provision of occupational safety-related technical inspection services |
42 | Provision of the service of sending guest workers |
43 | Voluntary drug rehabilitation service provision |
44 | Road transport business |
45 | Manufacture, assembly and import of automobiles |
46 | Provision of motor vehicle inspection services |
47 | Automobile driver training service provision |
48 | Driver testing service provision |
49 | Provision of traffic safety inspection services |
50 | Provision of inland waterway craft crewmember and operator training services |
51 | Maritime crewmember training, recruitment and supply |
52 | Air transport business |
53 | Provision of services of designing, manufacturing, maintaining and testing aircraft, aircraft engines, aircraft propellers and aircraft equipment in Vietnam |
54 | Import, temporary import for re-export, temporary export for re-import of unmanned aerial vehicles, other aircraft, aircraft engines, aircraft propellers, and equipment and devices of unmanned aerial vehicles and other aircraft |
55 | Research, manufacture, testing, repair, and maintenance of unmanned aerial vehicles, other aircraft, aircraft engines, aircraft propellers, and equipment and devices of unmanned aerial vehicles and other aircraft |
56 | Commercial operation of airports |
57 | Provision of aviation services at airports |
58 | Provision of aviation staff training services |
59 | Railway transport business |
60 | Commercial operation of railway infrastructure facilities |
61 | Provision of hazardous cargo transport services |
62 | Real estate business |
63 | Practice of construction investment project management and practice of construction site chief commander |
64 | Construction survey practice |
65 | Construction design and construction design verification practice |
66 | Construction work construction supervision consultancy practice |
67 | Provision of specialized construction testing services |
68 | Urban and rural planning consultancy practice |
69 | Provision of postal services |
70 | Provision of telecommunications services |
71 | Trust service business |
72 | Operation of publishing houses |
73 | Provision of printing services, except printing of packings without commodity labels |
74 | Provision of social networking services |
75 | Gaming services in telecommunications networks and the Internet |
76 | Provision of pay radio and television services |
77 | Provision of website development services |
78 | Provision of processing and repair services for goods falling under the List of used information technology products banned from import, provided to foreign traders for overseas consumption |
79 | Provision of electronic authentication services |
80 | Trading in cyber security products and services (excluding trade in civil cryptography products and services) |
81 | Provision of imported press distribution services |
82 | Trading in or provision of civil cryptography products and services |
83 | Preschool education activities |
84 | General education activities |
85 | Higher education activities |
86 | Activities of foreign educational institutions and branches of foreign educational institutions |
87 | Continuing education activities |
88 | Fishing |
89 | Trading in aquatic products |
90 | Production of aquaculture feed and aquaculture environmental treatment products; production of livestock feed and livestock waste treatment products |
91 | Fishing ship registration and inspection |
92 | Trading in pesticides |
93 | Provision of the service of treatment of objects subject to plant quarantine |
94 | Provision of pesticide testing services |
95 | Trading in veterinary drugs, vaccines, bio-preparations, microorganisms and chemicals for use in animal health |
96 | Provision of animal testing and surgery services |
97 | Provision of vaccination, diagnosis, prescription, cure and heathcare services for animals |
98 | Provision of experiment and testing services for veterinary drugs (including veterinary drugs, veterinary drugs for aquatic animals, vaccines, bio-preparations, microorganisms and chemicals for use in animal health and aquatic animal health) |
99 | Trading in farm-based animal husbandry |
100 | Trading in cattle and poultry slaughtering |
101 | Fertilizer production |
102 | Provision of fertilizer testing services |
103 | Livestock breed business and crop variety production |
104 | Production and rearing of aquatic breeds |
105 | Trading in genetically modified products |
106 | Provision of medical examination and treatment services |
107 | Pharmaceutical business |
108 | Cosmetic production |
109 | Trading in medical equipment |
110 | Provision of the service of performance of radiation jobs |
111 | Provision of atomic energy application support services |
112 | Provision of conformity assessment services |
113 | Provision of technology assessment, price appraisal and assessment services |
114 | Provision of intellectual property rights representation services (including industrial property representation services and representation services of rights to plant varieties) |
115 | Provision of film dissemination services |
116 | Provision of relic and antique assessment services |
117 | Provision of services of formulation of master plans, projects, design and construction organization and supervision for, projects on preservation, embellishment and restoration of relics |
118 | Provision of karaoke or discotheque services |
119 | Provision of travel services |
120 | Dealing in sports activities of sports enterprises and professional sports clubs |
121 | Provision of accommodation services |
122 | Trading in relics and antiques, excluding trading in export of relics and antiques; provision of services for preservation, restoration, digitization, and database development of relics and antiques |
123 | Import of cultural goods subject to specialized management by the Ministry of Culture, Sports and Tourism |
124 | Provision of survey and mapping services |
125 | Provision of hydrometeorological forecasting and warning services |
126 | Provision of groundwater drilling and exploration services |
127 | Provision of services of exploiting water resources |
128 | Provision of mineral exploration services |
129 | Mineral mining |
130 | Provision of hazardous waste transport and treatment services |
131 | Scrap import |
132 | Provision of environmental monitoring services |
133 | Business operations of commercial banks |
134 | Business operations of non-bank credit institutions |
135 | Business operations of cooperative banks, people’s credit funds and microfinance institutions |
136 | Provision of intermediary payment services and payment services without using customers’ payment accounts; provision of mobile money services |
137 | Credit information service provision |
138 | Gold trading, excluding gold jewelry and art crafts |
139 | Provision of data intermediary, analysis and aggregation products and services |
140 | Provision of data exchange platform service |
141 | Activities of providing services related to crypto assets |
142 | Personal data processing services |
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