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How to speculate on Vietnamese stocks
At present, there are no restrictions for foreign investors to enter the Vietnamese stock market, but it is more troublesome for foreign investors to open accounts, and it is even more troublesome for China investors to want to stock in Vietnam.

Foreign individual investors who want to trade stocks in Vietnam should submit a resume and notarize it. However, since China does not open China citizens to invest abroad, the above information cannot be completed in Viet Nam. There are also special provisions for China citizens to apply for trading accounts: the above materials need to be translated into English and verified and notarized by county and city notary offices.

These materials will also be sent to China's Ministry of Foreign Affairs, an institution authorized by the Consular Section, to verify the authenticity of the signature, and then sent to the Vietnamese Consulate in China, the Consular Section, for confirmation (consular notarization). Then mail the confirmed information to the securities company in Vietnam, and the securities company will send the information to the notary office in Vietnam for translation into Vietnamese and notarization.

: 1. Foreign individual investors need to apply for a trading account to invest in stocks in Vietnam (equivalent to opening an account in Shanghai and Shenzhen stock markets). When applying for opening an account, the application form for trading account of overseas individual investors and personal resume shall be submitted and notarized. Samples of the above two materials can be obtained from Vietnam Stock Exchange and securities companies.

2. If it is a foreign legal person or organization, the following materials should be provided when applying for a trading account: the application form for trading account, the brief information form of the organization or company (subject to government verification and notarization), the resume of the trading representative authorized by the organization (subject to government verification and notarization), the copy of the establishment document of the organization or company (subject to government verification and notarization), and the minutes of the meeting of the authorized representative of the organization trading on behalf of the company (subject to government verification and notarization).

3. As China is closed to China citizens for overseas investment, the above materials cannot be completed in Vietnam. There are special provisions for China citizens to apply for trading accounts: a. The above materials need to be translated into English and verified and notarized by county and city notary offices.

B, the above information will also be sent to the Ministry of Foreign Affairs of China-authorized by the Consular Section to verify and sign, and then sent to the Vietnamese Consulate in China-confirmed by the Consular Section (notarized by the Consular Section).

C mail the confirmed information to a securities company in Vietnam, and the company will send the information to a notary office in Vietnam to be translated into Vietnamese and notarized.

D. After notarization is completed, it will be sent to the stock exchange for review. If it is correct, the exchange will issue the trading account within 2~5 days. The handling fee is $25.

4. In addition to applying for trading accounts, investors should also open foreign exchange savings accounts and Vietnamese dong savings accounts in commercial banks with foreign exchange trading functions (local banks in Vietnam or branches of foreign banks in Vietnam). This can be handled by a securities company. Customer's foreign exchange is remitted to the foreign exchange savings account first, and then converted into Vietnamese dong and deposited in the Vietnamese dong savings account.

5. After the trading account and savings account are completed, investors can apply to the securities company to open a securities trading account. The application materials include: an application for opening an account by an individual or a legal person; Signature pattern and account opening contract of individual and legal representative (two copies).