Decision No. 260/2002/QĐ-BKH On the issuance of the list of industries and trades for foreigners to purchase shares in non-state enterprises as stipulated by the Law on Encouraging Domestic Investment

Pursuant to …;

Regarding the issuance of the list of industries and trades for foreigners to purchase shares in non-state enterprises according to the Law on Encouraging Domestic Investment

THE MINISTER OF PLANNING AND INVESTMENT

Pursuant to Decree No. 75/CP dated November 1, 1995 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Planning and Investment;

Pursuant to Decree No. 51/ND-CP dated July 8, 1999 of the Government detailing the implementation of the Law on Encouraging Domestic Investment;

Pursuant to Document No. 429/CP-DMDN dated April 22, 2002 of the Prime Minister regarding the delegation of authority to publish the list of industries and trades for foreigners to purchase shares in non-state enterprises.

Pursuant to …;

Article 1: Now hereby issuing with this Decision the List specifying the industries and trades for foreigners to be permitted to purchase shares up to a maximum of 30% of the registered capital in non-state enterprises in Vietnam.

Article 2: This Decision shall take effect fifteen days from the date of signature.

LIST

INDUSTRIES AND TRADES PERMITTED FOR FOREIGNERS TO PURCHASE SHARES IN NON-STATE ENTERPRISES OF VIETNAM
(Issued together with Decision No. 260/2002/QD-BKH dated May 10, 2002 of the Minister of Planning and Investment).

I - AGRICULTURE, FORESTRY, AND FISHERIES:

1. Cultivation of food crops and industrial crops (excluding forestry planting).

2. Livestock breeding (including aquaculture).

3. Supporting activities for crop cultivation and livestock breeding.

4. Fisheries services.

II - INDUSTRY AND PROCESSING:

1. Food and beverage production and processing.

2. Production and processing of agricultural and forest products; seafood processing.

3. Meat, seafood, and vegetable processing and preservation.

4. Rice milling, flour production, and animal feed production.

5. Other food production.

6. Non-alcoholic beverage production.

7. Fiber production, textile weaving, and textile product finishing.

8. Other textile product manufacturing.

9. Basketry and knitting product manufacturing.

10. Garment manufacturing, leather and fur processing and dyeing.

11. Leather processing, luggage and handbag manufacturing, saddle and cushion manufacturing, and footwear manufacturing.

12. Paper and paper product manufacturing.

13. Chemical product manufacturing (excluding hazardous chemicals).

14. Rubber and plastic product manufacturing.

15. Glass, glass product, ceramic, and construction material manufacturing.

16. Metal product manufacturing.

17. Machinery and equipment manufacturing and maintenance.

18. Office equipment and computer manufacturing.

19. Electrical machinery and equipment manufacturing.

20. Medical instrument, precision instrument, optical instrument, and watch manufacturing.

21. Transportation vehicle manufacturing.

22. Furniture manufacturing and other product manufacturing.

23. Construction.

24. Personal and household goods repair services.

III - TOURISM, HOTELS, AND RESTAURANTS:

1. Hotel and restaurant service operation.

IV - TRANSPORTATION, WAREHOUSING, AND COMMUNICATIONS:

1. Road and pipeline transportation.

2. Telecommunications equipment manufacturing.

V - SCIENCE AND TECHNOLOGY ACTIVITIES; HEALTHCARE AND EDUCATION:

1. Computer software production and consulting services.

2. Computer hardware production, repair, and consulting services.

3. Hospitals and clinics.

4. School supplies and educational equipment production.