ASEMCONNECT VIETNAM

  List of Vietnam Law

Law No. 24/2026/QH16 dated August 24, 2026 of the National Assembly of Vietnam amending and supplementing certain articles of the Law on Investment

Date: 8/24/2026


THE NATIONAL ASSEMBLY OF VIETNAM
-------
THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
---------------
Law No. 24/2026/QH16
Hanoi, August 24, 2026
 
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.”;
b) Clause 2a is added after clause 2 as follows:
“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necessary) for the conditional business lines specified in Appendix IV to the Law on Investment No. 143/2025/QH15 but repealed as prescribed in this Law, before March 01, 2027.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.”.
5. Clause 6 Article 29 of the Law on Roads No. 35/2024/QH15 amended and supplemented by the Law No. 118/2025/QH15 is repealed.
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.
 
This Law was passed by the 16th National Assembly of the Socialist Republic of Vietnam on this 24th of August, 2026 at its First Extraordinary Session.
 
 
CHAIRMAN OF THE NATIONAL ASSEMBLY
(Signed and sealed)



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)
No.
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
5
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
10
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
15
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
20
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)
25
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
30
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
35
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
40
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
45
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
50
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
55
Flight crew training services
56
Railway transport business
57
Railway infrastructure business
58
Hazardous goods transport services
59
Real estate business
60
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
65
Urban and rural planning consulting practice
66
Postal services
67
Telecommunications services
68
Trust services
69
Operation of publishing houses
70
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
75
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
80
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
85
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
90
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
95
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
100
Medical examination and treatment services
101
Pharmacy business
102
Cosmetics production
103
Trading in medical equipment
104
Services for conduct of radiation work
105
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
110
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
115
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
120
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
125
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
130
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
135
Provision of services related to crypto-assets
136
Personal data processing services
137
Visa issuance support services by authorized business establishments
 (This translation is for reference only)



 © Vietnam Industry and Trade Information Center ( VITIC)- Ministry of Industry and Trade 
License: No 115/GP-TTĐT dated June 05, 2024 by the Ministry of Information and Communications.
Primarily responsible person: Nguyen Quoc Lan, Deputy Director of Vietnam Industry and Trade Information Center
Address: Room 605, 6 th Floor, The Ministry of Industry and Trade's Building, No. 655 Pham Van Dong Street, Nghia Do Ward, Hanoi city.
Tel. : (04)38251312; (04)39341911- Fax: (04)38251312
Websites: http://asemconnectvietnam.gov.vn 
Email: Asemconnectvietnam@gmail.com 
Copyrights of asemconnectvietnam.gov.vn. All rights reserved