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Open your Vietnam business bank accounts

The capital account and the operating account, with an evidence pack prepared for the bank’s review.

Capital accountFor a foreign-invested company
Bank reviewThe bank decides
Foreign exchangeThrough authorised banks
Supporting documentsContracts and invoices

Vietnam business banking, in plain terms

How the accounts are opened

  1. The company first

    Accounts are opened for a registered company, with its registration documents in hand.

  2. Choose the bank

    Matched to the ownership profile, signatory location, currencies, payments and digital access.

  3. Evidence pack

    Corporate records, signatory authority, business plan, contracts and the origin of funds.

  4. Capital account

    Opened so the charter capital can be contributed within the deadline on the licence.

  5. Operating account

    Set up for domestic payments, payroll and tax.

  6. Controls

    Approval rights and the document trail set before the first transaction.

A man working through papers at a laptop by a window

What the bank looks at

People reviewing a document folder at a table

Registration is not approval

The bank makes its own decision after its KYC and risk review.

Banking and capital accounts.

A foreign-owned entity needs a Direct Investment Capital Account before charter capital can be paid in, and the window is 90 days from licensing. We prepare the pack, coordinate with your chosen bank, and track the deadline.

Request a consultation

Open your Vietnam accounts

Tell us the ownership, the signatories and how money will move. We prepare the evidence pack, match the bank and sequence the capital account, handled by a named owner.

  • A dedicated specialist reviews your case.
  • Fixed scope in writing before any work begins.
  • Avg reply 3 minutes on WhatsApp, 24 × 7.

Request a consultation

No obligation. We tell you if it is not the right route.

Talk to a Vietnam specialist

What clients say

Frequently asked

What is a Direct Investment Capital Account?
A Direct Investment Capital Account is a bank account used for certain capital contributions and investment-related transactions involving a foreign-invested enterprise. The required account structure and transaction route depend on the company, investors, currency, capital plan, and current banking rules. We confirm the practical banking sequence before funds move.
Who decides whether a Vietnam business bank account is approved?
The bank decides whether to open and maintain an account after its own KYC, compliance, risk, and operational review. A company registration does not guarantee account approval. The bank may assess the owners, authorised signatories, business activity, expected transactions, supporting documents, source of funds, and connection to Vietnam.
What evidence may a Vietnam bank request for a business account?
A bank may request corporate registration documents, constitutional records, identification and authority documents for owners and signatories, business plans, contracts, invoices, expected-transaction information, and evidence relating to the origin of funds. Requirements depend on the bank, ownership structure, activity, transaction profile, and risk assessment. Prepare a clear evidence pack, but expect follow-up questions.
How should a company choose a bank in Vietnam?
Choose a bank based on the company’s actual needs: ownership profile, signatory location, currencies, domestic and international payments, digital access, branch support, documentation requirements, sector appetite, and expected transaction volume. There is no universally best bank for every foreign-invested company. Compare the proposed operating model with each bank’s current onboarding and service requirements.
How should a company plan its banking operations in Vietnam?
Plan how the company will receive and make payments, who can approve instructions, which currencies and accounts are needed, how supporting documents will be retained, and how banking activity will align with contracts, invoices, accounting, and tax records. Cross-border payments and capital-related transactions can require particular documentation and routing. Establish approval and evidence controls before transactions begin.
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