VIETNAM ISSUES NEW STANDARD INDUSTRIAL CLASSIFICATION SYSTEM

On 29 September 2025, Deputy Prime Minister Hồ Đức Phớc signed Decision No. 36/2025/QĐ-TTg, officially promulgating the Vietnam Standard Industrial Classification (VSIC) – the comprehensive framework for defining and categorizing economic activities in Vietnam. The Decision will take effect from 15 November 2025.

🔹 Purpose and Significance
National statistical activities;
Building administrative registries, national databases, and sectoral databases;
Supporting state management and policymaking;
Ensuring international comparability of Vietnam’s economic data.

🔹 Structure of the System
The VSIC is organized into five hierarchical levels, covering the full scope of Vietnam’s economy:
Level 1: 22 broad sectors (coded A–V);
Level 2: 87 subsectors (two-digit codes, 01–99);
Level 3: 259 groups (three-digit codes, 011–990);
Level 4: 495 classes (four-digit codes, 0111–9900);
Level 5: 743 detailed subclasses (five-digit codes, 01110–99000).

Full details available at: https://baochinhphu.vn/ban-hanh-he-thong-nganh-kinh-te-viet-nam-102250929230750494.htm

👉 If you are considering investment in Vietnam, understanding the new Vietnam Standard Industrial Classification is essential for compliance, licensing, and strategic planning. Asia Legal is ready to provide tailored advice to ensure smooth navigation of this updated framework.

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