On 6 July 2018, the Prime Minister approved Decision No. 27/2018/QD-Ttg promulgating a new System of Vietnam economic sector, effective from 20 August 2018, replacing old system that is promulgated in Decision No. 10/2007/QD-TTg dated 23 January 2007
Accordingly, the new System will remain five (5) levels as the former one. However, a number of new industries in level 4 and level 5 have been supplemented. The detailed information can be found in Appendix I of the Decision.
Besides, the new Economic Sector System gives further guidance and clear explanation on economic activities which are categorised in each sector. The detailed information can be found in Appendix II of the Decision.