• An Giang
  • Binh Duong
  • Binh Phuoc
  • Binh Thuan
  • Binh Dinh
  • Bac Lieu
  • Bac Giang
  • Bac Kan
  • Bac Ninh
  • Ben Tre
  • Cao Bang
  • Ca Mau
  • Can Tho
  • Dien Bien
  • Da Nang
  • Da Lat
  • Dak Lak
  • Dak Nong
  • Dong Nai
  • Dong Thap
  • Gia Lai
  • Ha Noi
  • Ho Chi Minh
  • Ha Giang
  • Ha Nam
  • Ha Tinh
  • Hoa Binh
  • Hung Yen
  • Hai Duong
  • Hai Phong
  • Hau Giang
  • Khanh Hoa
  • Kien Giang
  • Kon Tum
  • Lai Chau
  • Long An
  • Lao Cai
  • Lam Dong
  • Lang Son
  • Nam Dinh
  • Nghe An
  • Ninh Binh
  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
  • Quang Ninh
  • Quang Tri
  • Soc Trang
  • Son La
  • Thanh Hoa
  • Thai Binh
  • Thai Nguyen
  • Thua Thien Hue
  • Tien Giang
  • Tra Vinh
  • Tuyen Quang
  • Tay Ninh
  • Vinh Long
  • Vinh Phuc
  • Vung Tau
  • Yen Bai

Conditions on establishment of FIEs’ for retail activities

VGP – The Government issued Decree No.9/2018/NĐ-CP defining the conditions on the establishment of retail activities of foreign invested enterprises (FIEs) in Viet Nam.

January 23, 2018 9:23 PM GMT+7

Illustration photo

Accordingly, FIEs which wish to establish the first retail outlet in Viet Nam must meet these conditions: (1) making financial plan to set up retail outlet, (2) not overdue tax debts of declarations when established in Viet Nam for more than one year, (3) locating retail outlet suitable with local planning schemes. 

The Decree stipulates that economic needs testing (ENT) criteria are applied to the establishment of the second and subsequent outlets unless the retail stores with size less than 500 m2, located at commercial centers and not ranked among convenience stores and supermarkets. 

ENT criteria include: 

1 – Affect of retail outlet market on the scale of the geographical area

2 – Number of retails outlets operating in the geographical area

3 – Affect of retail outlets on the stability of the market and operation of other retail outlets and traditional markets at the geographical area

4 – Retail outlet’s impacts on traffic, environmental sanitation and fire prevention at the geographical area

5 – Contributions of retail outlet to the region’s socio-economic development in fields of creating jobs for domestic workers, contributions to the development and modernization of the region’s retail sector, improvement of environment and living conditions for local people and contributions to the State budget. 

By Thuy Dung