Construction services (CPC 511-8)

Legal basis

  • WTO, FTAs, AFAs, VKFTA

Investment conditions

1. WTO, AFAS, FTAs, VKFTA:

Foreign investors have to be legal persons of a WTO member or ASEAN member nation (VKFTA: foreign enterprises do not have to be legal persons of Korean)

Foreign-invested business organizations’ scope of application

  • General construction work for building (CPC 512);
  • General construction work for civil engineering (CPC 513);
  • Installation and assembly work (CPC 514, 516);
  • Building completion and finishing work (CPC 517);
  • Other (CPC 511, 515, 518).

2. The Law of Vietnam: no regulation on investment conditions applied to foreign investors.