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Foreign clients are required to obtain a Securities Trading Code (STC) from the Vietnam Securities Depository and Clearing Corporation (VSDC) in order to directly invest in Vietnamese securities market.
For foreign individuals
1. STC application and opening account with Vietcap
DOCUMENT | REQUIREMENT/FORMS | QUANTITY |
Passport | Notarized copy (*) | 2 copies |
Vietcap1 - Application Cum Contract for Account opening and Service Registration | Loading fileVIETCAP3 - Account opening contract_New 20242.pdf | 2 copies |
Vietcap2 - Online Trading Risk Disclosure Statement | Loading file VIETCAP1 - Online Trading Risk Disclosure Statement.pdf | Read only |
| Vietcap 3 - Terms & Conditions | Loading file Terms & Conditions.pdf | Read only |
VSD1 - STC application form | Loading file VSD 1 - STC application form - individual2.pdf | 1 copy |
VSD2 - Power of Attorney | Loading file VSD 2. Power of Attorney 02.172.pdf | 1 copy |
If foreign individual already has STC, then please follow the below steps to open an account with Vietcap:
DOCUMENT | REQUIREMENT/FORMS | QUANTITY |
Passport | Notarized copy (*) | 1 copy |
Vietcap1 - Application Cum Contract for Account opening and Service Registration | Loading file VIETCAP3 - Account opening contract_New 20243.pdf | 2 copies |
Vietcap2 - Online Trading Risk Disclosure Statement | Loading file VIETCAP1 - Online Trading Risk Disclosure Statement2.pdf | Read only |
| Vietcap 3 - Terms & Conditions | Loading file VIETCAP2 - Terms & Conditions2.pdf | Read only |
STC approval |
| 1 photocopy |
2. Opening foreign indirect investment account (FIIA) with BIDV bank
Please visit BIDV’s Nam Ky Khoi Nghia Branch
No.56– 64 Nam Ky Khoi Nghia Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City.
Or contact Ms. Le Thi Thanh Nhan - BIDV’s Individual Customer Services Department at (84-28) 38218812 (ext. 654).
For foreign institutions
1. STC application and opening account with Vietcap
DOCUMENT | REQUIREMENT/FORMS | QUANTITY |
Certificate of Incorporation | Notarized copy (*) | 1 copy |
Certificate of Incumbency or Letter appointing directors/representative | Notarized copy (*) | 1 copy |
Passport of Representative | Notarized copy (*) | 1 copy |
Vietcap.1 – Account opening contract | Loading file Vietcap.1 - Account opening contract3.pdf | 2 copies |
Vietcap.2 – Online Service Agreement | Loading file Vietcap.2 - Online Service Agreement1.pdf | 2 copies |
Securities Trading Code Application Form | Loading file VSD 1 - STC application form - institution...pdf | 1 copy |
Power of Attorney | Loading file VSD2. Power of Attorney...pdf | 1 copy |
Note: (*) A notarized copy is a copy of the document notarized by your home country’s embassy/consulate or an authorized agency/notarization office in Vietnam. If the document is not written in English, then a copy of the Vietnamese translation must be attached.
2. Opening foreign indirect investment account at BIDV bank
Please email BIDV Nam Ky Khoi Nghia Branch at custodian.nkkn@bidv.com.vn
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