The foreign ownership limits applicable to certain logistics related services under the WTO Commitment of Vietnam and Decree 140/2007 on logistics services are set out below.

· 99.99% foreign ownership limit denotes that foreign investors can own less than 100% of the charter capital of the relevant company.

No.	Business line in English	Foreign ownership limit
1.	Domestic and international maritime transportation of goods	· 49% for domestic transportation · Unlimited for international transportation
2.	Domestic and international inland waterway transportation of goods	49%
3.	Domestic and international road transportation of goods	51%
4.	Freight transportation agency services	· 51% until 11 January 2014 · Not clear but probably unlimited from 11 January 2014
5.	International freight forwarding	Same as “Freight transportation agency services”
6.	Shipping agency and shipping brokerage services	· 49% for shipping agency services · Not clear for shipping brokerage
7.	Freight forwarding entrustment services	· Not clear subject to further researches
8.	Goods loading/unloading services	50%
9.	Goods maintenance services	Not clear depending on the classification of this service
10.	Storage and warehousing services	· 51% until 11 January 2014 · Unlimited from 11 January 2014[1]
11.	Containers warehousing services	Same as “Storage and warehousing services” for containers warehousing services.
12.	Goods collection services	Not clear but probably 51% until 1 January 2014 and unlimited thereafter.
13.	Repair services for transportation and sea-going vessels equipment for shipping companies	Not clear but may be not permitted
14.	Import and export entrustment services	Not clear but may be not permitted
15.	Customs clearance services	Same as “freight transportation agency services”.
16.	Trading and consignment agency	Unlimited but subject to the specific goods in questions

[1] Article 3.b of Decree 140/2007/ND-CP of the Government dated 5 September 2007 on logistic services (“Decree 140”) and the WTO Commitments regarding services auxiliary to all modes of transport (CPC 742)

Vietnam Business Law