Tiếng Việt
中文Quick answer: Foreign-invested economic organizations must satisfy market access conditions when investing in business lines subject to conditional market access for foreign investors, under Article 8 of the Law on Investment 2025 (No. 143/2025/QH15, effective from 01/03/2026).
Market access conditions for foreign investors
Under Article 8 of the Law on Investment 2025, foreign investors are subject to the same market access conditions as domestic investors, except as provided in Clause 2, Article 8. For business lines with restricted market access, foreign investors must satisfy conditions on: the ratio of foreign investors’ charter capital ownership in the economic organization; form of investment; scope of investment activities; investor capacity and participating partners; and other conditions under laws, resolutions of the National Assembly, ordinances, resolutions of the National Assembly Standing Committee, decrees of the Government, and international treaties to which Vietnam is a party.
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List of business lines with restricted market access
The Government issues the List of business lines with restricted market access for foreign investors, including: business lines not yet open to market access and business lines with conditional market access. This list is issued with Decree 96/2026/ND-CP (effective from 31/03/2026, replacing Decree 31/2021/ND-CP), detailing Article 8 of the Law on Investment 2025. Investors should consult the current List before carrying out investment procedures.
Applicable legal basis
- Law on Investment 2025 (No. 143/2025/QH15, effective from 01/03/2026): Article 8.
- Decree No. 96/2026/ND-CP detailing and guiding the implementation of certain articles of the Law on Investment — the List of business lines with restricted market access for foreign investors issued therewith.
Note on Applying Current Legal Regulations
This article is part of the General Knowledge series and is presented for reference purposes, helping readers understand the legal issue at a general level before preparing documents or entering into transactions.
Legal regulations may change depending on timing, locality, document type, and specific circumstances. If you need to determine the exact legal basis applicable to your file, please contact ANT Legal’s lawyers at 0966.475.966 for verification and advice before proceeding.
Common Risks to Note
- Applying an outdated, amended, or replaced legal instrument.
- Preparing incomplete dossiers, documents, or evidence.
- Misunderstanding the conditions, procedures, time limits, or competent authorities.
- Signing, filing, or entering into transactions without fully assessing legal risks.
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This article was reviewed by ANT Legal’s AI Legal Council under a 7-step internal process (cross-checked against current law — Decree 96/2026/ND-CP and the Investment Law 2025, effective 31/3/2026 and 01/3/2026). This is not confirmation that a human lawyer has reviewed your specific case.
