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 | 2 signed copies | |
Vietcap2 - Terms & Conditions | Read only | |
| Vietcap 3 - Online Trading Risk Disclosure Statement | VIETCAP3-Online Trading Risk Disclosure Statement.pdf | Read only |
VSD1 - STC application form | 1 signed copy | |
VSD2 - Power of Attorney | 1 signed 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 | 2 signed copies | |
Vietcap2 - Terms & Conditions | Read only | |
| Vietcap3 - Online Trading Risk Disclosure Statement | VIETCAP3-Online Trading Risk Disclosure Statement.pdf | Read only |
STC approval |
| scan copy |
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, Sai Gon Ward, 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 | Vietcap. 1 - Account opening contract.pdf | 2 signed copies |
Vietcap.2 – Online Service Agreement | 2 signed copies | |
Securities Trading Code Application Form | 1 signed copy | |
Power of Attorney | 1 signed 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 send email to BIDV-Nam Ky Khoi Nghia Branch at custodian.nkkn@bidv.com.vn
Powered by Froala Editor
