{"id":12324,"date":"2020-09-03T03:58:39","date_gmt":"2020-09-03T03:58:39","guid":{"rendered":"https:\/\/bizlawyer.vn\/abolishing-and-adding-a-number-of-conditional-business-lines"},"modified":"2020-09-03T03:58:39","modified_gmt":"2020-09-03T03:58:39","slug":"abolishing-and-adding-a-number-of-conditional-business-lines","status":"publish","type":"post","link":"https:\/\/bizlawyer.vn\/zh-hans\/abolishing-and-adding-a-number-of-conditional-business-lines","title":{"rendered":"Abolishing and adding a number of conditional business lines"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">On June 17, 2020, the 14th National Assembly promulgated the Law on Investment No. 61\/2020\/QH14. This Law takes effect from January 1<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\">, 2021.\u00a0Accordingly, the Investment Law 2020 has made more comprehensive and complete changes than the shortcomings of the 2014 Investment Law. One of the outstanding contents is the regulation on abolishing and supplementing some conditional business lines. Specifically as follows:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">First, to abolish 16 conditional business lines. The current list of conditional business sectors and trades is subject to the provisions of the Law amending and supplementing Article 6 and Appendix 4 on the List of sectors and trades subject to conditional business investment in the Investment Law 2014, including 243 industries and trades. However, because there are a number of conditional business lines that are deemed unnecessary and obstruct the market entry process of individuals and organizations, the Investment Law 2020 has reduced the number of industries and occupations conditional business to 227 occupations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Secondly, adding 08 conditional business lines, including:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Processing, trading, transporting, advertising, displaying and storing specimens of plants and animals in the Appendixes of the<\/span> <span style=\"font-weight: 400;\">CITES Convention and the list of endangered, precious and rare forest plants, animals and aquatic animals;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Trading in clean water (domestic water);<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Business architecture services;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Registry of fishing ships;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Training and retraining for fishing ship crew members;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Data center service business;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Providing electronic identification and authentication services; \u00a0Import press release service business.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Thirdly, the Investment Law 2020 also amends a number of regulations on business lines such as: Insurance brokers into &#8220;insurance, auxiliary&#8221; insurance brokers; \u00a0Providing &#8220;. Vn&#8221; domain name registration and maintenance services into domain name registration and maintenance services; \u00a0Business shipping, shipping agency services into shipping business;\u2026 and some detailed modification in other industries.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On June 17, 2020, the 14th National Assembly promulgate [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":12320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-12324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-16"],"_links":{"self":[{"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/posts\/12324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/comments?post=12324"}],"version-history":[{"count":0,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/posts\/12324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/media\/12320"}],"wp:attachment":[{"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/media?parent=12324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/categories?post=12324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/tags?post=12324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}