What i business that foreigners cannot own or to be part owners of in Vietnam?

1 Answer

Answer :

In Vietnam, there are non-conditional investment areas and conditional investment areas. Establishing company in the non-conditional investment areas are more simple than in conditional investment areas. Investment in IT services, manufacturing, management consulting, business promotion is a few samples of non-conditional investment areas.Example of conditional investment areas are real estate, trading, travel agencies, freight forwarding…which are more complicated with investment conditions. Investment conditions might also be changed over the time depending on the WTO commitments which Vietnam enters.Read more: Investing in conditional sectors in Vietnam at link: plf.com.vn/investing-in-conditional-sectors-in-vietnamProhibited and uncommitted business sectors in WTO at this link plf.com.vn/prohibited-and-uncommitted-business-sectors-in-wto

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