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ARTICLE · 28 JANUARY 2014

Vietnam Opens Logistics Sector To Foreign Investors . .

Duane Morris LLP
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As of 11 January 2014, wholly foreign-invested enterprises ("FIE") are permitted to provide almost all types of logistic services in Vietnam subject to proper licensing.

VietnamTransport

As of 11 January 2014, wholly foreign-invested enterprises ("FIE") are permitted to provide almost all types of logistic services in Vietnam subject to proper licensing. The problem is that important aspects of logistics are not open to wholly-owned foreign companies: container handling services and road transport services still require joint ventures with Vietnamese partners.

Market access should be granted under Vietnam's WTO service sector commitments, which use the United Nations' Central Product Classification ("CPC") codes. Although the term "logistic services" is not defined in Vietnam's WTO commitments, the following "services auxiliary to all modes of transport" (sector H) are now technically open to FIE:

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