INVESTMENT IN INSPECTION AND TECHNICAL ANALYSIS (CPC 8676) IN VIETNAM

Base:
– WTO, FTAs, AFAS
– Decree No. 140/2007 / ND-CP dated September 5, 2007

Condition:
1. WTO, FTAs, AFAS
– Unbound except for 03 years from the date that Vietnam authorizes private service providers to enter the service business without earlier competition from the private sector. issued to exercise the authority of the Government, permit the establishment of joint venture in which no foreign capital limit. After 5 years from the time the private service provider is allowed to engage in this service business: unlimited.
Foreign investors in ASEAN countries are provided with technical testing and analysis services (including services related to component testing and quality assurance).
– Access to certain geographic areas may be restricted for reasons of national security.
2. Vietnamese law
– For services provided for exercising the competence of the Government, they may only be implemented in the form of joint-venture after 03 (three) years or in other forms after 05 (five) years after the private enterprise Human beings are allowed to trade in such services.
– The provision of technical inspection and analysis services is limited to activities in geographical areas identified by competent authorities for defense and security reasons.