Health and Social services

I. Hospital services (CPC 9311)

Legal basis: WTO, FTAs, AFAS.

Investment conditions:

1. WTO, FTAs: No limitation, except that the minimum investment capital must be at least $20 million.

2. AFAS: No limitation.

3. The law of Vietnam: No regulation on investment conditions applied to foreign investors.

II. Dentistry and curative services (CPC 9312)

Legal basis: WTO, FTAs, AFAS.

Investment conditions:

1. WTO, FTAs: No limitation, except that the minimum investment capital must be at least $2 million for general hospital, and $200.000 for professional treatment facilities.

2. AFAS: No limitation for general medical services (CPC 93121), specialized medical services (CPC 93122), dentistry services (CPC 9312).

3. The law of Vietnam: No regulation on investment conditions applied to foreign investors.

III. Social services (CPC 933):

Legal basis: AFAS.

Investment conditions:

1. WTO, VKFTA: Not included in the Schedule.

2. AFAS: No limitation, except ratio of foreign investors’ ownership in charter of a business organization not exceed 70%.

3. The law of Vietnam: No regulation on investment conditions applied to foreign investors.

IV. Nursery services, physical therapy services and personal assistant services (CPC 93191)

Legal basis: AFAS.

Investment conditions:

1. WTO, VKFTA: Not included in the Schedule.

2. AFAS: No limitation.

3. The law of Vietnam: No regulation on investment conditions applied to foreign investors.

V. Other human health services

Legal basis: AFAS.

Investment conditions:

1. WTO, VKFTA: Not included in the Schedule.

2. AFAS: No limitation, except:

a) ratio of foreign investors’ ownership in charter of a business organization not exceed 70%.

b) Form of investment: Joint venture.

3. The law of Vietnam: No regulation on investment conditions applied to foreign investors.