Foreign investors shall submit a set of application documents to Hochiminh Securities Trading
Center - HSTC through a Custodian member. Documentation includes:
- 01 Securities Trading Code Registration Form (accomplished by Custodian member)-Form 01/DK-MS
- 01 Securities Trading Code Registration Form (accomplished by foreign investors)-Form 02/DK-MS
- Additional Information sheets (verified by authorized agency in home country or by their Consulate in Vietnam)
STEP 2: Open a Transaction account
After being assigned a Trading code, foreign investors accomplish “Contract for opening securities transaction account” with VCBS. Documentation includes:
- Application for opening transaction account in VCBS: 02 copies.
- Application for securities transaction using Internet or Phone service (upon Investors’ request)
- 01 copy of investor’s passport (the origin is required for examination)
- 01 copy of trading code certificate (the origin is required for examination)
STEP 3: Open a foreign currency current account and a VND current account
Source: VCBS
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3 comments:
Hi Martin,
Thanks for the general informations, I will greatly appreciate that you can give me the link to VCBS. Thanks
Eddy Lau
Singapore
Hi Martin,
Forgot to leave my email at the earlier message, here it goes, its eddylau22@gmail.com
Hi Eddy,
it used to be:
http://www.vcbs.com.vn/
as I tried it a second ago, I couldn't load the page.
In the meantime a lot of Securities companies opened. You will find some names reading post under "securities" and "financial services". I don't know if they all have (English) webpages, you have to google them.
Good luck!
Martin
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