VSICdata
VSIC 2018 · Sub-class
82910

Activities of collection agencies and credit bureaus

Hoạt động dịch vụ hỗ trợ thanh toán, tín dụng

Prohibited

This subclass includes activities related to the collection of payments and the provision of credit information services.

Includes

  • Debt collection services
  • Credit reporting services
  • Credit scoring services

Excludes

  • Financial intermediation services
  • Legal services related to debt recovery

Foreign ownership

ProhibitedApplies to part of this class

This activity is prohibited for all investors, Vietnamese and foreign alike, under the Law on Investment 2020. There is no route to a business here; Emerhub can map a compliant alternative.

Legal basis: Negative list P8 · Law on Investment 2020 (Law 61/2020/QH14), Art. 6(8)

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

Recommended route

No route

The activity is banned for everyone. Emerhub can identify a lawful adjacent activity that meets your objective

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.

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

    Credit rating service, approximated by credit bureau activities within class 8291.

    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).

  • Sector sub-licence

    Credit information service = credit bureau activities (class also covers collection agencies).

    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.