4. Vietnam Restricted Business LinesIn Vietnam, we are free to do business in all sectors, except those listed in 4 lists which are called 'negative' lists. They are:
⭕ List 1: Prohibited list
⭕ List 2: Conditional list
⭕ List 3: Closed list
⭕ List 4: Restricted list
Lists 1 and 2 apply to all investors. Lists 3 and 4 apply further to foreign investors. Foreign investors are not allowed to participate under any circumstances in business lines listed in List 3, and for List 4, must satisfy certain market entry conditions to invest.
Pinklaw provides services to foreign investors in case involved in business lines listed in List 4.