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THE NATIONAL ASSEMBLY OF VIETNAM
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THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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Law No. 24/2026/QH16
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Hanoi, August 24, 2026
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LAW
AMENDING AND SUPPLEMENTING CERTAIN ARTICLES OF THE LAW ON
INVESTMENT
Pursuant to the
Constitution of Socialist Republic of Vietnam amended and supplemented by the
Resolution No. 203/2025/QH15;
The National Assembly
hereby promulgates the Law amending and supplementing certain Articles of the
Law on Investment No. 143/2025/QH15.
Article 1. Amending
and supplementing certain Articles of the Law on Investment
1. Certain points and
clauses of Article 6 are supplemented as follows:
a) Point m is added after
point l of clause 1 as follows:
“m) Trade in N2O
gas for use by human use through the respiratory tract, except for purposes of
health care, food technology, testing, scientific research and other purposes
as prescribed by the Government.”;
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“2a. The Government shall
elaborate point m clause 1 of this Article.”.
2. The Appendix IV
- List of conditional business lines is
replaced with the Appendix to this Circular.
Article 2.
Implementation clause
1. This Law comes into
force from March 01, 2027, except the provision set out under clause 2 of this
Article.
2. Clause 1 Article 1 and
clause 1 Article 3 of this Law comes into force from January 01, 2027.
3. Ministries and
ministerial-level agencies shall stipulate alternative management solutions and
plans (where necessary) for the conditional business lines specified in
Appendix IV to the Law on Investment No. 143/2025/QH15 but repealed as
prescribed in this Law, before March 01, 2027.
4. Clauses 1 and 2
Article 88 of the Law on Construction No. 135/2025/QH15 are amended and
supplemented as follows:
“1. During their
engagement in construction activities, the following title holders must possess
corresponding practicing certificates in accordance with provisions of this
Law: presidents or chairpersons in charge of formulating urban and rural planning
schemes; presidents in charge of construction surveys; presidents or
chairpersons in charge of producing and verifying construction designs;
construction supervisors. Practicing certificates shall be classified into
class I, class II and class III.
2. The title holders
including construction investment project managers and site manager must meet
competency and experience requirements.”.
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Article 3.
Transitional clauses
1. Any contract for trade
in N2O gas for use by human use through the respiratory tract,
except for purposes of health care, food technology, testing, scientific
research and other purposes as prescribed by the Government which has been
concluded shall cease to have effect from January 01, 2027.
Within 45 days from
January 01, 2027, the parties to the contract shall liquidate the contract in
accordance with the civil law and other relevant laws.
2. The Government shall
promulgate transitional regulations applicable to providers of visa issuance
support services authorized before March 01, 2027.
3. Regarding the
conditional business lines specified in Appendix IV to the Law on Investment
No. 143/2025/QH15 but repealed as prescribed in this Law, the following
provisions shall apply:
a) Organizations and
individuals may conduct investment business activities in these lines without
having to satisfy the business investment conditions;
b) If they so wish,
organizations and individuals may continue to use the licenses, certificates,
certificates, written confirmations or other documents permitting business
investment which have been issued by competent state agencies until the expiry
of such documents without having to carry out procedures for issuance,
adjustment or extension thereof;
c) Where an application
dossier for issuance, adjustment or extension of a license, certificate,
certificate, written confirmation or another document permitting business
investment is validly received by a competent state agency before the effective
date of this Law but the result has not yet been returned, the competent state
agency shall notify the individual or organization that submitted the
application dossier of the cessation of processing and return the application
dossier to such individual or organization.
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CHAIRMAN OF THE NATIONAL ASSEMBLY
Tran Thanh Man
Appendix
(Promulgated together with the Law No. 24/2026/QH16)
“Appendix IV
LIST OF CONDITIONAL BUSINESS LINES
(Promulgated together with the Law on Investment No.
143/2025/QH15 amended and supplemented by the Law No. 24/2026/QH16)
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BUSINESS LINE
1
Production of seals
2
Trading in support
instruments (including repair)
3
Trading in fireworks,
excluding firecrackers
4
Trading in camouflage
devices and software used for sound and video recording and positioning,
mobile phone jammers
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Trading in military
equipment and supplies for the people's armed forces, military weapons,
technical equipment, ammunition and specialized vehicles used for the army
and police; components, accessories, spare parts, supplies and specialized
equipment and technology used for production thereof
6
Pawnshop services
7
Massage services
8
Security guard services
9
Lawyer's practice
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Notary’s practice
11
Judicial assessment
practice
12
Auditing services
13
Commercial operation of
bonded warehouses and container freight stations
14
Commercial operation of
premises for customs gathering, inspection and supervision
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Securities trading
16
Securities registration,
depository, clearing and settlement services; support services for
transactions on domestic carbon exchanges
17
Insurance business
(excluding insurance ancillary services)
18
Valuation services
19
Lottery business
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Business in prize-winning
games (including prize-winning electronic games for foreigners, casinos and
betting)
21
Credit rating services
22
Supplementary pension
insurance fund management services
23
Petro and oil trading
24
Trading in industrial
explosive materials (including destruction)
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Trading in explosive
precursors
26
Business in lines using
industrial explosive materials and explosive precursors
27
Blasting services
28
Production of and
trading in chemicals, except chemicals on the list of banned chemicals and
minerals specified in the Appendix II to the Law No. 143/2025/QH15; chemicals
stockpiling services; chemicals industry consulting
29
Trading in tobacco
products, tobacco raw materials, specialized machinery and equipment for the
tobacco industry, except e-cigarettes and heated tobacco products
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Trading in foods under
the specialized management of the Ministry of Industry and Trade,
Ministry of Agriculture and Environment and Ministry of Health
31
Commodity exchange
operations
32
Electricity generation,
transmission, distribution, wholesaling, retail
33
Rice export
34
Trading in industrial
precursors
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Multi-level marketing
36
E-commerce activities:
management and operation of intermediary e-commerce platforms, social
networks engaged in e-commerce activities, integrated e-commerce platforms;
authentication of electronic contracts in commerce
37
Vocational education
activities
38
Occupational skill
assessment services
39
Occupational safety
inspection services
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Overseas employment
agency services
41
Voluntary drug
rehabilitation services
42
Road transport services
43
Manufacture, assembly
and import of automobiles
44
Motor vehicle
inspection services
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Automobile driver
training services
46
Driving testing
services
47
Traffic safety
inspection services
48
Inland waterway ship
crewmember and operator training services
49
Crewmember training and
coaching, and ship crewmember recruitment and supply
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Air transport business
51
Aircraft, aircraft
engine, propeller and aircraft equipment design, manufacture and testing
services in Vietnam
52
Trading in, import,
temporary import for re-export, temporary export for re-import, testing,
repair and maintenance of unmanned aerial vehicles, other aircraft, aircraft
engines, aircraft propellers, equipment and devices of unmanned aerial
vehicles and other aircraft
53
Commercial operation of
airports
54
Aviation services at
airports
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Flight crew training
services
56
Railway transport
business
57
Railway infrastructure
business
58
Hazardous goods
transport services
59
Real estate business
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Practice of
construction investment project management and site manager
61
Construction survey
practice
62
Practice of
construction designing and construction design verification
63
Work construction
supervision consulting practice
64
Specialized construction
testing services
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Urban and rural
planning consulting practice
66
Postal services
67
Telecommunications
services
68
Trust services
69
Operation of publishing
houses
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Printing
services, except printing of packaging without goods labels
71
Social network services
72
Telecommunications
network- and internet-based games
73
Pay radio and
television services
74
General news website
development services
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Processing and repair
services for goods on the List of used information technology products banned
from import, provided for foreign traders for overseas sale
76
Electronic
authentication services
77
Trading on
cybersecurity products and services (excluding trading in civil cryptography
products and services)
78
Imported newspaper
distribution services
79
Trading in civil
cryptography products and services
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Pre-school education,
general education, higher education, continuing education activities
81
Operation of foreign
educational institutions and branches of foreign educational institutions
82
Fishing
83
Trading in fish
84
Production of
aquaculture feeds, environmental treatment products in aquaculture, animal
feeds, livestock waste treatment products
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Fishing vessel
registration
86
Trading in pesticides
87
Services for treatment
of objects subject to plant quarantine
88
Pesticide testing
services
89
Trading in veterinary
drugs, vaccines, biological preparations, microorganisms and chemicals used
in veterinary medicine
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Animal testing and
surgery services
91
Vaccination, diagnosis,
prescription, treatment and healthcare services for animals
92
Veterinary drug testing
and experimenting services (including veterinary drugs, aquatic veterinary
drugs, vaccines, biological preparations, microorganisms and chemicals used
in veterinary medicine and aquaculture veterinary medicine)
93
Farm breeding services
94
Animal and poultry
slaughtering services
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Fertilizer production
96
Fertilizer testing
services
97
Trading in plant
varieties and animal breeds
98
Production and nursing
of aquatic breeds
99
Trading in genetically
modified products
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Medical examination and
treatment services
101
Pharmacy business
102
Cosmetics production
103
Trading in medical
equipment
104
Services for conduct of
radiation work
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Atomic energy
application ancillary services
106
Conformity assessment
services
107
Technology assessment,
valuation and examination services
108
Intellectual property
right representation services (comprising copy right and related rights
representation, industrial property representation services and plant variety
right representation services)
109
Film dissemination
services
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Relics and antiques
assessment services
111
Monument preservation,
remodeling and restoration planning and project establishment services,
monument preservation, remodeling and restoration project design, construction
and construction supervision consulting services
112
Karaoke and dance club
business
113
Travel services
114
Sports business
activities of sports enterprises and professional sports clubs
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Accommodation services
116
Trading in relics and
antiques, except export of relics and antiques; services for preservation,
restoration, digitization and building of database on relics and antiquities
117
Import of cultural
goods under the specialized management of the Ministry of Culture, Sports and
Tourism
118
Survey and mapping
services
119
Hydro-meteorological
forecasting and warning services
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Underground water
drilling and exploration services
121
Water resources
exploitation services
122
Mineral exploration
services
123
Mineral mining
124
Hazardous waste
transport and treatment services
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Import of scrap
126
Environmental
monitoring services
127
Business
operation of commercial banks
128
Business
operation of non-bank credit institutions
129
Business operation of
cooperatives, people's credit funds, microfinance institutions
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Provision of
intermediary payment services, provision of payment services without payment
accounts of customers; provision of mobile money services
131
Credit information services
132
Gold trading, except
gold jewelry, handicrafts
133
Trading in data
intermediary, analysis and aggregation products and services
134
Data exchange services
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Provision of services
related to crypto-assets
136
Personal data
processing services
137
Visa issuance support
services by authorized business establishments