Industry Code 0620 Extraction of Natural Gas latest according to Decision 36/2025/QD-TTg. To learn more about the details of industry code 0620, please refer to this article by VN Law Firm!
1. What is a Business Industry Code?
Business Industry Code is a series of coded numbers representing a specific business industry. Organizations and individuals, when preparing business registration documents, must use this business industry code table for registration. The 4-digit industry code (level 4) is the code used for business registration.
The Vietnam Standard Industrial Classification (VSIC) system, issued under Decision 36/2025/QD-TTg, has a hierarchical structure with 5 levels, from general to detailed:
| Level | Name | Coding | Quantity |
|---|---|---|---|
| Level 1 | Industry, Level 1 | 1 letter (A to V) | 22 industries |
| Level 2 | Industry, Level 2 | 2 digits (based on Level 1) | 87 industries |
| Level 3 | Industry, Level 3 | 3 digits (based on Level 2) | 259 industries |
| Level 4 | Industry, Level 4 | 4 digits (based on Level 3) | 495 industries |
| Level 5 | Industry, Level 5 | 5 digits (based on Level 4) | 743 industries |
Example of industry code structure: Taking the food manufacturing industry as an example:
- Level 1: C (Manufacturing)
- Level 2: 10 (Food processing and manufacturing)
- Level 3: 107 (Manufacture of other food products)
- Level 4: 1075 (Manufacture of prepared meals and dishes)
- Level 5: 10751 (Manufacture of prepared meat dishes and meals)
2. Regulations on Industry Code 0620 Extraction of Natural Gas
| Industry Code | Industry Name |
|---|---|
| 0620 | Extraction of natural gas |
This group includes:
– Production of natural gas;
– Extraction of liquefied natural gas;
– Separation of hydrocarbon liquids from gas;
– Desulphurization of gas;
– Extraction of methane from coal mines.
This group also includes:
– Extraction of liquid gas through liquefaction and pyrolysis;
– Extraction of coal gas.
Excludes:
– Service activities supporting the extraction of crude petroleum and natural gas are classified under group 09100 (Support activities for petroleum and natural gas extraction);
– Oil and gas exploration service activities are classified under group 09100 (Support activities for petroleum and natural gas extraction);
– Manufacture of liquefied gases from crude petroleum and recovery of liquefied gases already present in oil and gas extraction are classified under group 19200 (Manufacture of refined petroleum products; manufacture of fossil fuel products);
– Manufacture of industrial gases is classified under group 20111 (Manufacture of industrial gases);
– Pipeline transport of oil and natural gas is classified under group 49400 (Pipeline transport).
3. Suggested way to record Industry Code 0620 Extraction of Natural Gas
– When registering a business establishment, when notifying changes to business lines, or when requesting a conversion to a Business Registration Certificate, the business founder or enterprise selects the four-digit economic sector in the Vietnam Standard Industrial Classification to record the business line in the business registration application. The business registration agency guides, verifies, and records the enterprise’s business lines in the National Business Registration Database.
– For conditional business lines stipulated in other legal normative documents, the business line shall be recorded as stipulated in those legal normative documents.
Suggested way to record Industry Code 0620 Extraction of Natural Gas:
Case 1: General
| Industry Code | Industry Name |
|---|---|
| 0620 | Extraction of natural gas |
Case 2: Detailed
| Industry Code | Industry Name |
|---|---|
| 0620 | Extraction of natural gas (not operating at headquarters) |
Case 3: Detailed
| Industry Code | Industry Name |
|---|---|
| 0620 | Extraction of natural gas Detail: Development of oil and gas fields; |
Case 4: Detailed
| Industry Code | Industry Name |
|---|---|
| 0620 | Extraction of natural gas Detail: Searching, exploring, and developing oil and gas |
Note: Depending on the specific industry code and business line, as well as local regulations, it may be necessary to provide detailed descriptions for the 4-digit industry code or commit to operating in accordance with regulations.
4. Business Line Change Services for Companies and Enterprises at VN Law Firm
Business line change services for companies and enterprises at VN Law Firm help our clients save a considerable amount of time and effort. With VN Law Firm, you will be provided with business line change services for companies and enterprises, including:
- Consulting on the process and procedures for changing, adding, or supplementing business lines;
- Advising clients on preparing necessary documents;
- Drafting and submitting the application for changing or supplementing the company’s or enterprise’s business lines on behalf of the client at the Business Registration Office;
- Monitoring the application, supplementing or amending documents (if any) as requested by the specialist;
- Performing the procedure to announce business registration information on the Information Portal;
- Handing over the certificate of business line change;
- Guiding clients on procedures to note after changing business lines…
