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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