VSICdata
VSIC 2018 · Sub-class
63110

Data processing, hosting and related activities

Xử lý dữ liệu, cho thuê và các hoạt động liên quan

Conditional

This activity covers data processing services, web hosting, and related support activities.

Includes

  • Data processing services
  • Web hosting services
  • Application service provisioning

Excludes

  • Publishing of software
  • Data entry services

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 L3 · Law on Telecommunications 2023 (No. 24/2023/QH15); Decree 163/2024/ND-CP

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

    Cloud computing / data-centre services: up to 100% foreign ownership, subject to registration.

    No foreign-ownership limit; 100% foreign ownership permitted for these three newly defined service categories, effective from 1 January 2025 implementing regulations. Subject to registration/licensing under Decree 163/2024/ND-CP. Legal basis: Law on Telecommunications 2023 (No. 24/2023/QH15), effective 1 July 2024; Decree 163/2024/ND-CP.

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