CONDITIONS FOR FOREIGN INVESTORS TO ESTABLISH A COSMETIC SURGERY SERVICES BUSINESS COMPANY

Establishing a cosmetic surgery service company in Vietnam is a field with great potential, but also requires foreign investors to comply with a number of strict regulations. Here are the necessary conditions:

1. What are cosmetic surgery services?

Pursuant to Appendix IV of the Investment Law 2020 and Clause 20, Article 3 of Decree 96/2016/ND-CP amended and supplemented by Decree No. 56/2023/ND-CP, cosmetic surgery service business is A conditional business industry is defined as follows: “Business of cosmetic surgery services, including: Using medical techniques to perform surgery (surgery) to change the shape and identity of a person.”

2. Conditions for establishing a cosmetic surgery service company

2.1. Regarding the form of establishment:

  • According to regulations, facilities that provide the following cosmetic surgery services or use products with pharmacological effects must be established under one of the following organizational forms: hospital or polyclinic or Specialized clinic:
  • Cosmetic services that use drugs, substances, and equipment to interfere with the human body (surgery, procedures, interventions with injections, injections, pumps, rays, waves, burning, or invasive interventions) other) aims to:
  • Changes skin color, shape, weight gain, weight loss (fat loss, body fat reduction);
  • Correct defects or create desired shapes for body parts (skin, nose, eyes, lips, face, chest, abdomen, buttocks and other parts of the human body);
  • Regenerate and restore cells, parts or functions of the human body.
  • Skin tattooing, spraying, and embroidery services use injectable anesthetics.

CONDITIONS FOR FOREIGN INVESTORS TO ESTABLISH A COSMETIC SURGERY SERVICES BUSINESS COMPANY

2.2. About facilities:

General regulations on facilities of cosmetic service business locations are as follows:

  • Have a fixed location that meets the provisions of law on: load-bearing safety, fire prevention and fighting, infection control, environmental protection, radiation safety (if any); ensure enough electricity and water to serve cosmetic surgery activities;
  • There are signs, diagrams and signs leading to faculties, departments, professional and administrative departments;
  • In case there is an additional facility that is not on the same campus as the cosmetic surgery service company that is intended to open, it must meet the specific conditions for each form of organization of the cosmetic surgery service company. America.

Special regulations on facilities for hospitals:

  • Ensure a minimum construction floor area of ​​50m2/hospital bed; The width of the front (front) of the hospital must be at least 10m, ensuring passage for ambulances to enter and exit the emergency area; Clinics in hospitals must meet minimum area requirements equal to the area of ​​general clinics or clinics specializing in cosmetic surgery;
  • There is a transportation infrastructure connection between departments within the campuses to ensure the safety of patients, patients’ families and medical staff.

Specific regulations on facilities for polyclinics:

  • The emergency room has a minimum area of ​​12m2;
  • Patient storage rooms have a minimum area of ​​15m2; There are at least 02 beds or more, if there are 3 or more beds, the area must be tell ensure a minimum of 05 m2 per hospital bed;
  • Specialized clinics have a minimum area of ​​10 m2;
  • In case techniques and procedures are performed, in addition to the specialized clinic, there must be an additional room to perform techniques and procedures with a minimum area of ​​10m2; If occupational therapy techniques are performed, the room to perform the techniques and procedures must have a minimum area of ​​20 m2.
  • There is a sterilization area to process reusable medical instruments, except in cases where there are no instruments that need to be re-sterilized or there is a contract with another medical examination and treatment facility to sterilize the instruments.
  • There is an anaphylactic emergency box and enough specialized emergency drugs suitable for specialties within the clinic’s scope of professional activities.

Special regulations on facilities for specialized clinics:

  • The clinic must have a place to welcome patients, and the examination room must have a minimum area of ​​10 m2;
  • In case techniques and procedures are performed, in addition to the medical examination room, there must be an additional room to perform techniques and procedures with a minimum area of ​​10m2; If occupational therapy techniques are performed, the room to perform the techniques and procedures must have a minimum area of ​​20 m2;
  • There is a sterilization area to process reusable medical instruments, except in cases where there are no instruments that need to be re-sterilized or there is a contract with another medical examination and treatment facility to sterilize the instruments.
  • There is an anaphylactic emergency box and enough specialized emergency drugs suitable for specialties within the clinic’s scope of professional activities.

2.3. About medical equipment

Consistent with the list of technical expertise and scope of cosmetic surgery activities.

3. Market access conditions for cosmetic surgery service business

In the schedule of specific commitments on Vietnam’s services in the WTO, cosmetic surgery services are specified as follows:

“Foreign service providers are allowed to provide services through the establishment of 100% foreign-invested hospitals, joint ventures with Vietnamese partners or through business cooperation contracts.

The minimum investment capital for a hospital is 20 million USD, a general clinic (policlinic) is 2 million USD and a specialized treatment facility is 200 thousand USD.

Thus, foreign investors are allowed to establish cosmetic surgery hospitals in Vietnam with 100% capital contribution or through a business cooperation contract. However, the commitment also clearly states that the investment capital for foreign investors when establishing a cosmetic surgery hospital is at least 20 million USD.

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