Client Guideline

To have a Certificate of Professional Securities Investor, please follow these instructions:

1. Applicable for: Local/ Foreign Individual and Institutional Clients who already have trading accounts with HSC.

2. Registration channels:

Directly at the Customer Services Center in HCMC and Hanoi
Through the assigned account manager

3. Service fee: Free of charge (for up to 03 copies); from the 04th copy onwards, fees will apply in accordance with HSC’s prevailing service fee schedule.

4. Required documents:

4.1. Local Retail:

No.	Evaluation Criteria	Supporting Document(s)	Validity
1	Individuals holding a valid Securities Practitioner Certificate	Valid ID card/ Citizen identification card/ Passport; Valid Securities Practitioner Certificate.	01 year from the issued date
2	Individuals holding a minimum VND 02 billion listed or registered securities portfolio, confirmed by the securities company at the time of Professional Securities Investor determination	Valid ID card/ Citizen identification card/ Passport; Confirmation from the securities companies where the investor holds trading accounts regarding the market value of the listed, registered securities portfolios at the time of Professional Securities Investor determination.	01 year from the issued date
2	For private corporate bond buyers (effective from Jan 1, 2024): Individual holding a listed or registered securities portfolio with a minimum market value of VND 02 billion based on the average daily market value over at least 180 consecutive days prior to the date of assessment (excluding margin loans and securities used in repo transactions)		03 months from the issued date
3	Individuals with a taxable income of at least VND 01 billion in the most recent year, as evidenced by tax declarations submitted to the tax authority or tax withholding documents issued by the income-paying organization or individual, up to the date of assessment	Valid ID card/ Citizen identification card/ Passport; Tax declarations or tax withholding documents submitted in the most recent year prior to the time of Professional Securities Investor determination.	01 year from the issued date

4.2. Foreign Retail:

No.	Evaluation Criteria	Supporting Document(s)	Validity
1	Foreign individual investor	One of the following documents: Confirmation Letter of Securities Trading Code; Valid passport; Other valid personal identification documents containing information on foreign nationality.	01 year from the issued date

No.

Evaluation Criteria

Supporting Document(s)

Validity

Foreign individual investor

One of the following documents:

Confirmation Letter of Securities Trading Code;
Valid passport;
Other valid personal identification documents containing information on foreign nationality.

01 year from the issued date

4.3. Local Institutions:

No.	Evaluation Criteria	Supporting Document(s)	Validity
1	Institution Type: Securities Companies/ Commercial Banks/ Financial Companies/ Insurance, Securities Enterprises/ Securities Investment Funds/ Financial Institutions/ Financial Funds	Business registration certificate/ License for Establishment and Operation or another equivalent document.	01 year from the issued date
2	Institution whose paid-up capital reaches more than 100 billion Vietnam Dong (Organizations other than listed companies or companies registered for trading)	Business registration certificate/ License for Establishment and Operation or another equivalent document. Lastest audited annual financial statements or reviewed semi-annual financial statements or the latest audited balance sheet in case of determining the status of a professional securities investor in the year of completion of division, separation, merger, consolidation, or conversion of the enterprise type financial statements.	01 year from the issued date
3	Listed companies	Approving decision for listing	01 year from the issued date
4	Companies whose shares are registered for trading	Approving decision for approving registration for trading	01 year from the issued date

4.4. Foreign Institutions:

No.	Evaluation Criteria	Supporting Document(s)	Validity
1	Foreign Institutional	One of the following documents: Certificate of registration for the securities trading code; Establishment and Operation License or Business Registration Certificate or equivalent document confirming the completion of business registration issued by the competent foreign authority; Tax Registration Certificate issued by the tax authority of the country where the organization was established or registered for business; Document from the database system of the competent foreign authority, confirming that the organization is duly incorporated in that country; Certificate of registration for the establishment of an investment fund or confirmation of establishment registration or equivalent document issued by the competent foreign authority (if any) or the Charter, Prospectus, Trust Deed, Capital Contribution Agreement, or equivalent documents in case the competent foreign authority does not issue or confirm the registration of establishment of the investment fund in accordance with its laws.	01 year from the issued date
2	A foreign investor is an entity of a foreign government or an international financial institution	Certificate of registration for the establishment of an investment fund or confirmation of establishment registration or equivalent document issued by the competent foreign authority (if any) or the Charter, Prospectus, Trust Deed, Capital Contribution Agreement, or equivalent documents in case the competent foreign authority does not issue or confirm the registration of establishment of the investment fund in accordance with its laws; in which it is stipulated that the organization is either a government-affiliated entity or an international financial institution.	01 year from the issued date

No.

Evaluation Criteria

Supporting Document(s)

Validity

Foreign Institutional

One of the following documents:

Certificate of registration for the securities trading code;
Establishment and Operation License or Business Registration Certificate or equivalent document confirming the completion of business registration issued by the competent foreign authority;
Tax Registration Certificate issued by the tax authority of the country where the organization was established or registered for business;
Document from the database system of the competent foreign authority, confirming that the organization is duly incorporated in that country;
Certificate of registration for the establishment of an investment fund or confirmation of establishment registration or equivalent document issued by the competent foreign authority (if any) or the Charter, Prospectus, Trust Deed, Capital Contribution Agreement, or equivalent documents in case the competent foreign authority does not issue or confirm the registration of establishment of the investment fund in accordance with its laws.

01 year from the issued date

A foreign investor is an entity of a foreign government or an international financial institution

Certificate of registration for the establishment of an investment fund or confirmation of establishment registration or equivalent document issued by the competent foreign authority (if any) or the Charter, Prospectus, Trust Deed, Capital Contribution Agreement, or equivalent documents in case the competent foreign authority does not issue or confirm the registration of establishment of the investment fund in accordance with its laws; in which it is stipulated that the organization is either a government-affiliated entity or an international financial institution.

01 year from the issued date

5. The procedures:

Step 1: Provide documents for requesting the Confirmation of Professional Securities Investor, including:

Application form for Certification of Professional Securities Investor (2 copies)
Supporting documents as stated in section 4

Step 2: HSC receives and verifies the validity of documents

Step 3: HSC issues the Confirmation of Professional Securities Investor

6. Receiving the Certification of Professional Securities Investor:

Directly at the Customer Services Center in HCMC and Hanoi
Via customer’s account manager
By post upon the customer’s request

7. Forms:

For Local Individuals:

For private corporate bond buyers: Download Here
For non-buyers of private corporate bond: Download Here

For Foreign Individuals: Download Here

For Local Institutions: Download Here

For Foreign Institutions: Download Here

No.

Evaluation Criteria

Supporting Document(s)

Validity

Individuals holding a valid Securities Practitioner Certificate

Valid ID card/ Citizen identification card/ Passport;
Valid Securities Practitioner Certificate.

01 year from the issued date

Individuals holding a minimum VND 02 billion listed or registered securities portfolio, confirmed by the securities company at the time of Professional Securities Investor determination

Valid ID card/ Citizen identification card/ Passport;
Confirmation from the securities companies where the investor holds trading accounts regarding the market value of the listed, registered securities portfolios at the time of Professional Securities Investor determination.

01 year from the issued date

For private corporate bond buyers (effective from Jan 1, 2024): Individual holding a listed or registered securities portfolio with a minimum market value of VND 02 billion based on the average daily market value over at least 180 consecutive days prior to the date of assessment (excluding margin loans and securities used in repo transactions)

03 months from the issued date

Individuals with a taxable income of at least VND 01 billion in the most recent year, as evidenced by tax declarations submitted to the tax authority or tax withholding documents issued by the income-paying organization or individual, up to the date of assessment

Valid ID card/ Citizen identification card/ Passport;
Tax declarations or tax withholding documents submitted in the most recent year prior to the time of Professional Securities Investor determination.

01 year from the issued date

No.	Evaluation Criteria	Supporting Document(s)	Validity
1	Foreign individual investor	One of the following documents: Confirmation Letter of Securities Trading Code; Valid passport; Other valid personal identification documents containing information on foreign nationality.	01 year from the issued date

No.

Evaluation Criteria

Supporting Document(s)

Validity

Foreign individual investor

One of the following documents:

Confirmation Letter of Securities Trading Code;
Valid passport;
Other valid personal identification documents containing information on foreign nationality.

01 year from the issued date

No.

Evaluation Criteria

Supporting Document(s)

Validity

Institution Type: Securities Companies/ Commercial Banks/ Financial Companies/ Insurance, Securities Enterprises/ Securities Investment Funds/ Financial Institutions/ Financial Funds

Business registration certificate/ License for Establishment and Operation or another equivalent document.

01 year from the issued date

Institution whose paid-up capital reaches more than 100 billion Vietnam Dong (Organizations other than listed companies or companies registered for trading)

Business registration certificate/ License for Establishment and Operation or another equivalent document.
Lastest audited annual financial statements or reviewed semi-annual financial statements or the latest audited balance sheet in case of determining the status of a professional securities investor in the year of completion of division, separation, merger, consolidation, or conversion of the enterprise type financial statements.

01 year from the issued date

Listed companies

Approving decision for listing

01 year from the issued date

Companies whose shares are registered for trading

Approving decision for approving registration for trading

01 year from the issued date

No.	Evaluation Criteria	Supporting Document(s)	Validity
1	Foreign Institutional	One of the following documents: Certificate of registration for the securities trading code; Establishment and Operation License or Business Registration Certificate or equivalent document confirming the completion of business registration issued by the competent foreign authority; Tax Registration Certificate issued by the tax authority of the country where the organization was established or registered for business; Document from the database system of the competent foreign authority, confirming that the organization is duly incorporated in that country; Certificate of registration for the establishment of an investment fund or confirmation of establishment registration or equivalent document issued by the competent foreign authority (if any) or the Charter, Prospectus, Trust Deed, Capital Contribution Agreement, or equivalent documents in case the competent foreign authority does not issue or confirm the registration of establishment of the investment fund in accordance with its laws.	01 year from the issued date
2	A foreign investor is an entity of a foreign government or an international financial institution	Certificate of registration for the establishment of an investment fund or confirmation of establishment registration or equivalent document issued by the competent foreign authority (if any) or the Charter, Prospectus, Trust Deed, Capital Contribution Agreement, or equivalent documents in case the competent foreign authority does not issue or confirm the registration of establishment of the investment fund in accordance with its laws; in which it is stipulated that the organization is either a government-affiliated entity or an international financial institution.	01 year from the issued date

No.

Evaluation Criteria

Supporting Document(s)

Validity

Foreign Institutional

One of the following documents:

Certificate of registration for the securities trading code;
Establishment and Operation License or Business Registration Certificate or equivalent document confirming the completion of business registration issued by the competent foreign authority;
Tax Registration Certificate issued by the tax authority of the country where the organization was established or registered for business;
Document from the database system of the competent foreign authority, confirming that the organization is duly incorporated in that country;
Certificate of registration for the establishment of an investment fund or confirmation of establishment registration or equivalent document issued by the competent foreign authority (if any) or the Charter, Prospectus, Trust Deed, Capital Contribution Agreement, or equivalent documents in case the competent foreign authority does not issue or confirm the registration of establishment of the investment fund in accordance with its laws.

01 year from the issued date

A foreign investor is an entity of a foreign government or an international financial institution

Certificate of registration for the establishment of an investment fund or confirmation of establishment registration or equivalent document issued by the competent foreign authority (if any) or the Charter, Prospectus, Trust Deed, Capital Contribution Agreement, or equivalent documents in case the competent foreign authority does not issue or confirm the registration of establishment of the investment fund in accordance with its laws; in which it is stipulated that the organization is either a government-affiliated entity or an international financial institution.

01 year from the issued date

Client Guideline

Account Opening Instruction

Cash deposit

Cash withdrawal

Trading Channel

Margin Lending

Margin Requirement (Derivatives)

Securities Depository

Covered Warrant

Other Services

Regulations

Schedule of Fees

Form

FAQ

Certificate of Professional Securities Investor

Search

Client Guideline

Account Opening Instruction

Cash deposit

Cash withdrawal

Trading Channel

Margin Lending

Margin Requirement (Derivatives)

Securities Depository

Covered Warrant

Other Services

Regulations

Schedule of Fees

Form

FAQ

Certificate of Professional Securities Investor

Search