Tourism and travel related services

I. Lodging services (CPC 64110), catering food services (CPC 642) and drink services (CPC 643).

Legal basis: WTO, FTAs, AFAS.

Investment conditions:

1. WTO, FTAs, AFAS: No limitation.

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

II. Travel agencies and tour operator services (CPC 747)

Legal basis:

– WTO, FTAs, AFAS.

– The Law on Tourism  2005.

Investment conditions:

1. WTO, FTAs, AFAS: No limitation, except:

a) Form of investment: Joint venture.

b) Scope: Foreign-invested business organizations can only provide the service of taking foreign tourist into Vietnam (inbound) and domestic travel for inbound tourists as an integral part of inbound tourism services; not allowed to provide outbound services.

c) Tourist guides in foreign-invested business organizations shall be Vietnamese citizens.

2. The law of Vietnam:

2.1. Travel services:

a) Form of investment: Joint venture, another forms complied with regulations and committed roadmap of international conventions in which Vietnam is a member.

b) Vietnamese participating in the investment: shall possess License on international travel business.

2.2 Travel agents are only allowed to sell travel programs designed by travel enterprises to tourists for the purpose of commission. Travel agent shall not be allowed to conduct travel programs.

II. Travel agencies and tour operator services (CPC 7471)

Legal basis:

– WTO, FTAs, AFAS.

– The Law on Tourism No. 44/2005/QH11 dated 14 June, 2005.

Investment conditions:

1. WTO, FTAs, AFAS: No limitation, except:

a) Form of investment: Joint venture.

b) Scope: Foreign-invested business organizations can only provide the service of taking foreign tourist into Vietnam (inbound) and domestic travel for inbound tourists as an integral part of inbound tourism services; not allowed to provide outbound services.

c) Tourist guides in foreign-invested business organizations shall be Vietnamese citizens.

2. The law of Vietnam:

2.1. Travel services:

a) Form of investment: Joint venture, another forms complied with regulations and committed roadmap of international conventions in which Vietnam is a member.

b) Vietnamese participating in the investment: shall possess License on international travel business.

2.2 Travel agents are only allowed to sell travel programs designed by travel enterprises to tourists for the purpose of commission. Travel agent shall not be allowed to conduct travel programs.