Vietnam removes 62 sectors from conditional business list
Vietnam will remove 62 sectors from its list of conditional investment and business activities under an amended Law on Investment aimed at cutting red tape and shifting towards greater post inspection of businesses
Vietnam has removed 62 sectors from its conditional business list, effective March 1, 2027, as part of a new investment law passed by the National Assembly. The amended law aims to create a more open, transparent, and business-friendly environment while improving state management. The law also introduces new controls on visa support services and prohibits the business use of nitrous oxide for human inhalation, except for specific purposes.
Notably, 14 sectors previously on the conditional list have been revised, and the new list replaces Appendix IV of the 2025 Law on Investment No. 143/2025/QH15. The changes are designed to reduce and simplify conditional business requirements and strengthen oversight of activities that could pose security risks.
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