Who is allowed to set up and manage a business?

According to Article 18 of the Law on Enterprises 2014:
All organizations and individuals have the right to establish and manage enterprises in Vietnam in accordance with the Law on Enterprises, except for:
a) State agencies, units of people's armed forces use state assets to set up business enterprises to make profits for their own agencies or units;
b / Cadres, public employees and public employees in accordance with the law on cadres, public employees and public employees;
c) Officers, non-commissioned officers, professional servicemen, defense workers and officers in agencies and units of the People's Army; professional officers and non-commissioned officers in agencies and units of the Vietnam People's Public Security, except for those who are appointed as authorized representatives to manage the State's contributed capital in enterprises;
d) Officials leading and managing professional operations in State enterprises, except those who are appointed as authorized representatives to manage the State's contributed capital in other enterprises;
dd) Minors; a person with limited capacity for civil acts or loss of civil act capacity; organizations have no legal status;
e) Persons being examined for penal liability, serving imprisonment sentences, decisions on administrative handling at compulsory detoxification establishments, compulsory educational establishments or banned from business practice, holding positions case or do certain jobs, related to business as decided by the Court; in other cases according to the provisions of law on bankruptcy, prevention of corruption.
If so requested by the business registration agency, the business registration registrant must submit the judicial record card to the business registration agency.
If you need more advice, please contact hotline 0975480868 for a free consultation.