Senior Management and Board of Directors (Article 9.7)
Description: Investment
Viet Nam reserves the right to adopt or maintain any measure with respect to an investment to supply a service in the exercise of governmental authority.
8 Sector: All sectors
Sub sector:
Obligations Concerned: Most-Favoured-Nation Treatment
Description: Cross-Border Trade in Services and Investment
1. Viet Nam reserves the right to adopt or maintain any measure that accords differential treatment to services suppliers or investors of other countries or their investments under any bilateral or multilateral international agreement in force or signed prior to the date of entry into force of this Agreement.
2. Viet Nam reserves the right to adopt or maintain any measure that accords differential treatment to services suppliers or investors of other countries or their investments under any bilateral or multilateral international agreement in force or signed after the date of entry into force of this Agreement.
3. The treatment referred in paragraph 2, with regards to the Most-Favoured-Nation Treatment provision in Chapter 9 (Investment), does not include the treatment with respect to the management, maintenance, use, enjoyment or disposal of investments in its territory.
Existing measures:
9 Sector: All sectors
Sub sector:
Obligations Concerned: Most-Favoured-Nation Treatment
Description: Cross-Border Trade in Services and Investment (6)
Viet Nam reserves the right to adopt or maintain any measure that accords differential treatment to countries under any bilateral or multilateral international agreement in force or signed after the date of entry into force of this Agreement involving:
(a) maritime matters, including salvage;
(b) fisheries; and
(c) aviation.
Existing measures:
10 Sector: All sectors
Sub-sector:
Obligations Concerned:
Market Access
National Treatment
Most-Favoured-Nation Treatment
Senior Management and Board of Directors
Level of Government: Central
Description: Investment
Viet Nam reserves the right to adopt or maintain any measure in relation to the employment of expatriates. Restrictions (7) may be imposed on the number or ratio, minimum wages, duration and type of expatriates employed.
Existing Measures: - Law on Investment No. 61/2020/QH14 dated 17 June 2020
- Law on Labour No.45/2019/QH14 dated 20 November 2019
- Decree No. 145/2020/ND-CP dated 14 December 2020
- Administrative measures.
For greater certainty, this reservation shall not be invoked to nullify the commitments set out in Viet Nam’s Annex I.
11 Sector: Professional Services
- Medical and dental services (CPC 9312)
- Services provided by midwives, nurses, physiotherapists and para-medical personnel (CPC 93191)
- Veterinary services (keeping micro-organism strain for veterinary) (CPC 932)
- Other
Research and Development Services
- Research and development services on social sciences and humanities (CPC 852)
- InterdisciplinaryResearch and development services (CPC 853)
Real Estate Services
- Involving own or leased property (CPC 821)
- On a fee or contract basis (CPC 822)
Rental/Leasing Services without Operators
- Relating to ships (CPC 83103)
- Relating to other machinery and equipment (mining and oil field equipment; commercial radio, television and communication equipment) (CPC 83109)
- Relating to other transport equipment (CPC 83101+83102+)
- Other (CPC 832)
Other Business Services
- Arbitration and conciliation services (CPC 86602), excluding arbitration and conciliation services for commercial disputes between businesses – CPC 86602**
- Related scientific and technical consulting services: map making services (CPC 86754)
- Advertising services (CPC 871): advertising for cigarettes
- Market research and public opinion polling services (CPC 86402)
- Urban planning and urban landscape architectural services (CPC 8674) (excluding services incidental to development of project planning, construction, project supervision, maintenance, renovation and restoration of relics)
- Technical testing and analysis services (CPC 8676): conformity testing of transport vehicles and certification of transport vehicles
- Services incidental to agriculture, hunting and forestry (CPC 881): services relating to investigation, evaluation and exploitation for natural forest including exploitation of woods and wild, rare and precious animals hunting and trapping, aerial photographing, aerial seed planting and aerial chemicals spraying and dusting, micro-bial plant, animal genetic resource in agriculture
- Services incidental to fishing (CPC 882) excluding specialised consultancy services related to marine or freshwater fisheries, fish hatchery services
- Services incidental to mining (CPC 883): services of supply of equipment, materials and chemicals, supply base services, offshore/marine support vessels, accommodation and catering, helicopter services
- Services incidental to energy distribution (CPC 887)
- Placement and supply services of Personnel (CPC 872)
- Investigation and security (CPC 873)
- Building-cleaning services (CPC 874)
- Photographic services (CPC 875)
- Packaging services (CPC 876)
- Printing, publishing (CPC 88442)
- Convention services (CPC 87909*)
- Other (8790)
Postal services (CPC 7511)
Audiovisual services
- Video tape production and distribution services (9611)
- Radio and television services (CPC 9613)
- Radio and television transmission services (CPC 7524)
- Other
Communication services
- Postal services
- Other communication services
Other distribution services
Educational Services
- Primary education services (CPC 921)
Environmental services
- Sanitation and similar services (CPC 9403)
- Other
Health related and social services
- Social Services (CPC 933)
- Other health related and social services
Tourism and travel related services
- Tourist guides services (CPC 7472)
- Other
Recreational, cultural and sporting services
- News agency services (CPC 962)
- Libraries, archives, museums and other cultural services (CPC 963)
- Sporting and other recreational services, excluding electronic games business (CPC 964**)
- Other
Transport services
- Maritime Transport Services: Rental of vessels with crew (CPC 7213); Passenger transportation (cabotage) (CPC 7211); Freight transportation (cabotage) (CPC 7212); Freight transportation less cabotage Maintenance and repair of vessels (CPC 8868**); Pushing and towing services (CPC 7214); Supporting services for maritime transport (CPC 745**)
- Internal Waterways Transport: Rental of vessels with crew (CPC 7223); Maintenance and repair of vessels (CPC 8868**); Pushing and towing services (CPC 7224); Supporting services for internal waterway transport (CPC 745**)
- Air Transport Services: Passenger transportation (CPC 731); Freight transportation (CPC 732); Rental of aircraft with crew (CPC 734); Supporting services for air transport (CPC 746)
- Specialty air services
- Space Transport (CPC 733)
- Rail Transport Services: Pushing and towing services (CPC 7113); Maintenance and repair of rail transport equipment (CPC 8868**); Supporting services for rail transport services (CPC 743)
- Road Transport Services: Rental of commercial vehicles with operator (CPC 7124); Maintenance and repair of road transport equipment (CPC 6112+8867);
Supporting services for road transport services (CPC 744)
- Pipeline Transport: Transportation of fuels (CPC 7131); Transportation of other goods (CPC 7139)
- Services auxiliary to all modes of transport: Cargo-handling services provided at airports
- Other Transport Services
Other services not elsewhere classified CPC 95+97+98+99)
Sub-sector:
Obligations Concerned:
Market Access
National Treatment
Most-Favoured-Nation Treatment
Local Presence
Performance Requirements
Senior Management and Boards of Directors
Description: Cross-Border Trade in Services and Investment
Viet Nam reserves the right to adopt or maintain any measure that is not consistent with the obligations of National Treatment, Most-Favoured-Nation Treatment, Local Presence, Performance Requirements, Senior Management and Boards of Directors in cross-border trade in services and investment in the above- mentioned sectors and sub-sectors.
Existing measures:
12 Sector: All sectors
Sub sector:
Obligations Concerned:
Market Access
National Treatment
Most-Favoured-Nation Treatment
Local Presence
Senior Management and Boards of Directors
Description: Cross-Border Trade in Services and Investment
Viet Nam reserves the right to adopt or maintain any measure regarding the development policies of small and medium-sized Enterprises. (8)
Existing measures: - Decree No. 80/2021/ND-CP dated 26 August 2021 on assistance todevelopment of small and medium sized enterprise
13 Sector: River Ports, Sea Ports and Airports Construction, operation and management
Sub-Sector:
Obligations Concerned: Market Access
National Treatment
Most-Favoured-Nation Treatment
Performance Requirements
Senior Management and Boards of Directors
Local Presence
Description: Investment and Cross-Border Trade in Services