According to Vietnam’s WTO Services Specific Commitments, the 2005 Commercial Law of Vietnam, Decree No. 07/2016/ND-CP dated January 25, 2016 of the Government detailing the Commercial Law regarding representative offices and branches of foreign traders in Vietnam, the following sectors/ subsectors are those in which representative offices and branches of foreign traders are allowed to establish in Vietnam:
Regarding Representative Office:
Sectors | Sub-sectors |
Business services | |
Professional Services | Legal services |
Accounting and auditing and bookkeeping services | |
Taxation services | |
Architectural services | |
Engineering services | |
Integrated engineering services | |
Urban planning and urban landscape architectural services | |
Veterinary services | |
Computer and Related Services | |
Research and Development Services | |
Rental/Leasing Services without Operators | Relating to aircraft |
Relating to other machinery and equipment | |
Other Business Services | Advertising services |
Market research services | |
Management consultant services | |
Services related to management consulting | |
Technical testing and analysis services | |
Services incidental to agriculture, hunting and forestry | |
Services incidental to mining | |
Services incidental to manufacturing | |
Related scientific and technical consulting services | |
Maintenance and repair of equipment | |
Communication services | |
Courier Services | |
Telecommunication Services | |
Audio-visual Services | |
Construction and related engineering services | |
General construction work for building | |
General construction work for civil engineering | |
Installation and assembly work | |
Building completion and finishing work | |
Other | |
Distribution services | |
Commission agents’ services | |
Wholesale trade services | |
Retailing services | |
Franchising services | |
Educational services | |
Secondary education services | |
Higher education services | |
Adult education | |
Other education services | |
Environmental services | |
Sewage Services | |
Refuse disposal services | |
Other services (Cleaning services of exhaust gases & Environmental impact assessment services) | |
Financial services | |
Insurance and Insurance-Related Services | |
Banking and Other Financial Services | |
Securities | |
Health related and social services | |
Hospital services | |
Medical and dental services | |
Tourism and travel related services | |
Hotel and restaurant | |
Travel agencies and tour operator services | |
Recreational cultural and sporting services | |
Entertainment services | |
Electronic games business | |
Transport services | |
Maritime Transport Services | |
Internal Waterways Transport | |
Air Transport Services | |
Rail Transport Services | |
Road Transport Services | |
Services Auxiliary to all Modes of Transport |
*Please note representative offices are dependent units of foreign enterprises established according to the laws of Vietnam and are not allowed to engage in any direct profit-making activities.
Regarding branch of foreign traders:
No. | Sectors/ sub-sectors |
1 | Legal services |
2 | Computer and related services |
3 | Management consultant services |
4 | Services related to management consulting |
5 | Construction and related engineering services |
6 | Franchising service |
7 | Financial services:
– Insurance and insurance-related services – Banking and other financial services – Securities services |
***
Please do not hesitate to contact Mr. Oliver Massmann under omassmann@duanemorris.com if you have any questions on the above. Oliver Massmann is the General Director of Duane Morris Vietnam LLC.
Thank you very much!