Which documents should be looked into to learn about sectors/lines, fields in which investment is conditional under Vietnam’s commitment following WTO’s accession which respect to the foreign-invested sector?

Nội dung bài viết

Sectors/lines, field in which investment is conditional are stipulated under current "specialized" decree that over 200 paper/documents that the enterprise needs to obtain before it can commerce business/production activities; At the moment, the determination of sectors/lines in which business is conditional for the purpose of issuance of business registration certificates shall be in accordance with specialized legislation on conditions for business and Annex II issued under Decree No 59/2006/ND-CP dated 12/6/2006 of the Government stipulating in details the implementation of the commercial Law regarding goods and services prohibited from business. Restricted in terms of business and subject to conditional business

Under WTO commitments, the issuance of investment certificates to foreign invested business shall be base on:

The Schedule of Specific Commitment in Services of WTO Working Party' Report;

Decree No 23/2007/ND-CP dated 12/2/2007 of the Government stipulating in details the Commercial Law regarding activities of goods purchase/sale and activities directly relating to goods purchase/sale by foreign invested business in Vietnam;

Circular No 09/2007/TT-BTM date 17/7/2007 of the Commercial ministry implementing Decree 23/2007/ND-CP above

Decision 10/2007/QD-BTM date 21/5/2007 of the Commercial Ministry marking announcement on the roadmap regarding activities of goods purchase/sale and the other relating activities.

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