Requirements
1.
Bank account opening form (2 original )
2.
Authenticated copy of Investment Certificate (original)
3.
Authenticated copy of Passport or Vietnamese ID card of legal representative of company to be set up (original)
Time frame
Waiting time in queue:
Min. 10mn - Max. 15mn
Attention at counter:
Min. 5mn - Max. 10mn
Legal justification
1.
Ordinance on Foreign Exchange No. 28/2005/PL-UBTVQH11
Article 11
2.
Ordinance amending and supplementing a number of articles of the Ordinance on foreign exchange control No. 06/2013/UBTVQH13
Article 1.4
Additional information
We give here the example of bank BIDV, for reference. Enterprises possessing foreign direct investment capital, foreign investors joining contract of business cooperation must open accounts of direct investment capital at an authorized credit institution. The contribution of investment capital, remittance of principal investment capital and profits and other lawful revenue must be effected via these accounts.