For Foreign individual investor:
In order to open a Securities Trading Account with VNDIRECT, investors shall follow these steps:
- 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
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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
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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