VSICdata
VSIC 2018 · Sub-class
46326

Wholesale of sugar, milk and dairy products, confectionery, grain mill products, starch products

Bán buôn đường, sữa và các sản phẩm sữa, bánh kẹo và các sản phẩm chế biến từ ngũ cốc, bột, tinh bột

Conditional

This subclass covers the wholesale trade of sugar, milk and dairy products, confectionery, grain mill products, and starch products.

Includes

  • Wholesale of sugar
  • Wholesale of milk and dairy products
  • Wholesale of confectionery
  • Wholesale of grain mill products
  • Wholesale of starch products

Foreign ownership

ConditionalApplies to part of this class

Foreign investment is permitted, often up to 100%, but this is a conditional business line: it requires a sector sub-licence or regulatory approval on top of the IRC and ERC. Some conditional lines require a Vietnamese joint-venture partner.

Legal basis: Negative list D30 · Law on Investment 2020, Appendix IV (conditional business line)

Your exact activity may fall inside or outside this restriction. Confirm the classification with Emerhub before you rely on it.

Recommended route

Foreign-owned LLC or JSC

Often up to 100%, once the sector sub-licence is granted

Joint venture

Where the conditional line requires a Vietnamese partner

Compare all company structures

Registration path

  1. 1

    IRC

    Investment Registration Certificate from the DPI

  2. 2

    ERC

    Enterprise Registration Certificate (the company itself)

  3. 3

    Post-licensing

    Seal, corporate bank account, tax and e-invoicing

  4. 4

    Sub-licence

    Sector permit, if the activity is conditional

Emerhub files each step with the authorities; you provide the documents and information.

Charter capital

SituationVNDUSD
Most business linesVietnam sets no statutory minimum charter capital for most sectors. The registered charter capital must be credible for the project and fully contributed within 90 days of the Enterprise Registration Certificate. Foreign-invested projects are assessed on capital adequacy at the Investment Registration Certificate stage.. Legal basis: Law on Enterprises 2020 (No. 59/2020/QH14), Art. 47, 75, 113; Law on Investment 2020.No floorNo floor

Bold is the figure the law sets; the other column is an approximate conversion at ₫25,400 to USD 1. Vietnam sets no general minimum for most sectors.

Licenses & permits

This is a conditional business line. Alongside the IRC and ERC, it needs the following sector sub-licence or regulatory approval before it can legally operate in Vietnam.

  • Sector sub-licence

    Food trading (regulated foods): wholesale of food.

    Conditional business line under the Law on Investment: foreign investment is generally permitted (often up to 100%) but the activity requires a sector sub-licence or regulatory approval. Legal basis: Law on Investment 2020, Appendix IV (as amended, effective 1 Jul 2026).

Emerhub can obtain the sub-licence as part of your company setup.