For Foreign individual investor:

In order to open a Securities Trading Account with VNDIRECT, investors shall follow these steps:

1

Opening an Indirect Investment Capital Account (IICA):

In Vietnam, an Indirect Investment Capital Account (IICA) and a trading account at a securities firm are required for foreign investors. Any commercial banks having licenses for foreign exchange can offer this account, such as BIDV, HSBC, Standard Chartered Bank, and Deutsche Bank
2

Applying for Securities Trading Code: the following documents are required:

  • 01 original copy of the Securities Trading Code Application Form
  • 01 original copy of the Letter of authorization for Applying Securities Trading Code
  • 02 legal notarized copies of a Valid passport

3

Opening a Securities Trading Account

  • 02 original copies of the Contract for Securities Transaction Account Opening for Individual Client
  • 01 original copy of the Securities Trading Code
  • 01 copy of Valid Passport
  • 01 original copy of the notarized Power of Attorney (if any)
  • 01 original copy of the authorized person’s valid passport

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