How to Buy Stocks in Vietnam – Best Stock Brokers Reviewed

view original post

More and more people are opting to purchase shares in Vietnam, thanks to the growth in accessibility of many major trading platforms. Purchasing shares is now as simple as creating an account with an online broker, making a deposit, and placing a trade – all of which can be accomplished in a matter of minutes.

In this guide, we’ll discuss how to buy stocks in Vietnam, reviewing a selection of the best trading platforms to choose from before providing a step-by-step walkthrough of the investment process.

How to Buy Stocks in Vietnam

Investors wondering how to buy shares in Vietnam can do so by partnering with an established broker that offers access to the equity markets. With that in mind, the four steps below showcase how to do this using Capital.com – our recommended platform for people looking to invest in shares right away:

  • Step 1: Open a Capital.com Account – Head to Capital.com’s website and click ‘Trade Now’. Enter a valid email address and choose a password to create an account.
  • Step 2: Verify Account – Complete the verification process by entering the required personal details and then uploading proof of ID (e.g. passport) and proof of address (e.g. utility bill).
  • Step 3: Make a Deposit – Deposit a minimum of $20 (465,000 VND) via credit/debit card, bank transfer, or e-wallet.
  • Step 4: Invest in Shares – Search for the company you’d like to invest in, click ‘Buy’, enter your position size in the order box, and confirm the investment.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

Where to Buy Stocks in Vietnam – Best Stock Brokers Reviewed

The first step when deciding how to buy shares in Vietnam is to choose a trading platform to partner with. This step is crucial when it comes to longevity and safety, as a good broker can facilitate trades cost-effectively and safely.

There is now an abundance of brokers that accept Vietnamese clients, making it easy to find a platform and begin trading immediately. With that in mind, reviewed below are eight of the best stock brokers in Vietnam, with particular attention paid to their fee structure, trading features, and asset selection.

1. Capital.com – Overall Best Place to Buy Shares in Vietnam

Through our research and testing, we’ve found that Capital.com represents the best stock trading platform Vietnam. Capital.com is a world-renowned CFD broker that offers a wide array of markets to trade. Although not directly regulated in Vietnam, Capital.com is policed by top-tier entities, including the FCA, CySEC, ASIC, and the FSA.

Capital.com can be considered the best stock broker in Vietnam because of its appealing fee structure. As a CFD broker, all of Capital.com’s fees are built into the bid/ask spread – which tends to be extremely tight for highly-traded equities (e.g. Amazon). This also means Capital.com doesn’t charge commissions when opening or closing a trade.

Users can trade over 3,500 stock CFDs with Capital.com and 30 stock indices from across the globe. Capital.com also offers real stock trading, although this is only available in the UK and the EU. At present, Capital.com users can invest in equities from seven major stock exchanges – making it easy to create a diversified portfolio.

Apart from allowing users to buy US stocks in Vietnam, Capital.com also provides an array of ETFs, commodities, and currency pairs to trade. The minimum deposit when creating a trading account is only $20 (465,000 VND), which can be made via credit/debit card, bank transfer, PayPal, or Apple Pay. Notably, deposits and withdrawals are free to make, with no inactivity fee to worry about.

Capital.com’s trading experience is streamlined, as users can invest via the browser-based portal or the mobile app. The latter is handy since it features various order types and real-time charting features. Users can even use Capital.com’s free demo account, which provides a risk-free experience within the market.

Number of Stocks 3,500+
Pricing Structure 0% commission + spread
Cost to Buy Amazon Shares Variable spread – can be as low as 0.7 points

What we like:

  • 0% commissions when placing trades
  • Low minimum deposit threshold
  • Free demo account feature
  • Over 3,500 stocks to trade
  • Regulated by numerous top-tier entities

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

2. eToro – One of the Best Stock Market Brokers in Vietnam with Low Fees

Another excellent option for investors wondering how to buy stocks in Vietnam is eToro. eToro is one of the world’s largest online brokers, with over 26 million registered clients. One of eToro’s most appealing traits is its high level of security, thanks to direct regulation from the FCA, ASIC, CySEC, FinCEN, and FINRA.

Like Capital.com, eToro offers a vast selection of stock CFDs to trade. At present, users can trade 2,000 different stocks across 17 stock exchanges located throughout the world. All trading fees are included in the bid/ask spread, meaning there are no commissions when users buy shares on eToro. eToro also represents one of the best crypto exchanges in Vietnam, as users can trade over 70 different digital currencies.

The minimum investment amount with this leading social trading platform is only $10 (232,500 VND), making this platform ideal for beginners. Regarding the account opening process, Vietnamese traders can sign-up digitally and fund their accounts using a credit/debit card, bank transfer, or e-wallet (e.g. PayPal, Skrill). eToro’s minimum deposit threshold is only $50 (1,162,500 VND), with a 0.5% conversion fee for non-USD deposits.

eToro also provides a way to gain exposure to the best shares to invest in via the handy ‘SmartPortfolio’ feature. This feature allows users to invest in professionally managed portfolios without paying a management fee. eToro also has a useful ‘CopyTrader’ feature, which will enable users to automatically copy the trades placed by other eToro users – again, with no additional fees.

Number of Stocks 2,000
Pricing Structure 0% commission + spread
Cost to Buy Amazon Shares Variable spread – can be as low as 0.7 points

What we like:

  • Buy shares on eToro with 0% commission
  • Innovative ‘SmartPortfolio’ feature
  • Low minimum trade size
  • Accepts PayPal deposits

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

3. Interactive Brokers – Best Share Trading Platform in Vietnam for Experienced Investors

For experienced investors looking for the best share trading platform in Vietnam, Interactive Brokers represents a great option. Interactive Brokers allows users to invest in shares through a well-established platform regulated by the FCA and the SEC.

With interactive brokers, users can trade on a remarkable 83 different stock exchanges – which will appeal to those wondering how to buy penny stocks. In addition, Interactive Brokers offers a fractional investing service (on US and EU stocks) that allows users to purchase ‘fractions’ of a share rather than the whole thing.

Vietnamese traders must opt for the ‘IBKR Pro’ account, which charges either a fixed rate or a tiered price structure. Commissions vary depending on which stock market is being traded, with US-based shares priced at $0.005 per share, with a minimum fee of $1 (23,253 VND). Aside from these trading fees, Interactive Brokers charges no deposit, withdrawal, or inactivity fees.

Number of Stocks 10,000+
Pricing Structure Commission (varies depending on the market)
Cost to Buy Amazon Shares $0.005 per share (min $1)

What we like:

  • Access to over 10,000 stocks
  • Offer fractional investing
  • Stellar reputation within the trading industry

4. Saxo Bank – Well-Established Trading Platform with High Regulation

Saxo Bank is a Danish investment bank regulated by the FSA and the FCA. This bank has a fantastic worldwide reputation and offers 28 stock markets to trade on. Much like Interactive Brokers, Saxo Bank’s trading fees are volume-based, priced at $0.02 per share – with a minimum fee of $10 (232,530 VND).

Users wondering how to invest in shares in Vietnam will find that the process is simple with Saxo Bank, as it can be completed online in minutes. However, the minimum deposit threshold is relatively high for Vietnamese clients, set at $2,000 (46,506,000 VND).

Vietnamese clients can fund their accounts via bank transfer with no additional fees. Withdrawals are also free to make and can take as little as one business day to arrive. Finally, Saxo Bank excels when it comes to trading resources, as the platform offers a ‘trading ideas’ feature, extensive charting options, and a wide range of fundamental data sources.

Number of Stocks 20,000+
Pricing Structure Volume-based commission
Cost to Buy Amazon Shares $0.02 per share (min $10)

What we like:

  • A vast number of stocks to trade
  • Wide range of trading resources
  • Fully-digital account opening process

5. XTB – Best Stock Trading Platform Vietnam with PayPal Support

Another option for where to buy shares in Vietnam is XTB. XTB is an excellent platform for those wondering how to invest in stocks, as it has been around since 2002 and is regulated by the FCA. As a CFD broker, XTB offers access to approximately 1,900 equities, along with ETFs, indices, currencies, commodities, and more.

A volume-based fee is charged whenever a stock trade is placed, equaling 0.08% for US-based equities. However, there is a minimum fee of $8 (186,024 VND) per trade, which can be higher for international equities.

XTB has no minimum deposit threshold and supports a massive range of payment methods, including several e-wallets (e.g. PayPal, Skrill, Neteller). Users can also deposit via bank transfer for free, although credit/debit card transfers usually come with a fee for Vietnam-based traders.

Number of Stocks 1,900
Pricing Structure Volume-based commission
Cost to Buy Amazon Shares 0.08% (min $8)

What we like:

  • No minimum deposit threshold
  • A wide range of payment methods supported
  • A huge array of asset classes to trade

6. Pepperstone – Great Stock Trading Platform for Social Trading

Traders wondering where to invest in shares in Vietnam may also wish to consider Pepperstone. Pepperstone is an Australia-based broker regulated by the FCA and ASIC, offering over 900 stock CFDs to trade.

These CFDs can be traded through MetaTrader 5 (MT5), and Pepperstone even offers up to 5:1 leverage when equity trading. In addition, users can also link with various social trading platforms, such as Myfxbook and DupliTrade, to automate the trading process.

In terms of fees, Pepperstone’s spreads tend to be low compared to other CFD brokers, with no minimum fee. This broker also doesn’t charge any deposit, withdrawal, or inactivity fees – with deposits supported via credit/debit card, bank transfer, or e-wallet. Pepperstone also offers a free demo account and numerous educational videos for beginners.

Number of Stocks 900+
Pricing Structure 0% commission + spread
Cost to Buy Amazon Shares Varies depending on market conditions

What we like:

  • Up to 5:1 leverage
  • No non-trading fees
  • Links to several popular social trading platforms

7. IC Markets – Best Stock Broker in Vietnam for MT5 Support

IC Markets allows investors to buy US stocks in Vietnam safely and flexibly. Although best known for its FX trading services, IC Markets does offer around 1,600 stock CFDs to trade, along with 25 equity indices. IC Markets can also integrate with ZuluTrade, allowing users to copy the trades placed by other traders.

This broker is regulated by several leading entities, such as ASIC, CySEC, and the FSA, ensuring users are safe whilst trading. In terms of fees, IC Markets incorporates these into the spread, meaning no commissions are charged. Users can also invest in the best shares to buy in Vietnam through MT5, allowing for custom trading strategies.

Deposits and withdrawals are free to make with IC markets, although the minimum deposit amount is slightly higher, set at $200 (4,650,600 VND). However, IC Markets makes up for this with some stellar trading features, including a ‘trading ideas’ service and a real-time newsfeed.

Number of Stocks 1,600
Pricing Structure 0% commission + spread
Cost to Buy Amazon Shares Varies depending on market conditions

What we like:

  • Can trade stocks using MT5
  • Able to integrate with ZuluTrade
  • Regulated by the ASIC, CySEC, and FSA

8. AvaTrade – Top CFD Broker with Transparent Fee Structure

Rounding off our list of where to buy stocks in Vietnam is AvaTrade. AvaTrade is a CFD broker that offers all of the best stocks to buy now, whether in the US or the UK. This broker integrates with MT5, meaning most stocks can only be traded through that platform.

AvaTrade also offers several social trading features, such as its ‘AvaSocial’ app, allowing users to follow and chat with other traders. In terms of safety, although AvaTrade isn’t regulated in Vietnam, oversight is provided by leading entities such as the Central Bank of Ireland.

As with most CFD brokers, AvaTrade’s fees are built into the bid/ask spread. This spread does vary, although it can be as low as 0.5 points during peak trading hours. Finally, AvaTrade’s minimum deposit is $100 (2,325,300 VND) and is entirely free to make.

Number of Stocks 600+
Pricing Structure 0% commission + spread
Cost to Buy Amazon Shares Variable spread – can be as low as 0.5 points

What we like:

  • Several social trading platforms supported
  • Integrates with MT5
  • Regulated by the Central Bank of Ireland

Best Vietnam Stock Brokers Compared

By reviewing the list of brokers above, investors wondering how to buy stocks in Vietnam can significantly streamline the decision-making process – as these brokers represent the ‘best in the business’ when it comes to equity trading.

For those wondering how to buy shares in Vietnam right away, the table below presents a comprehensive breakdown of all the features to keep in mind when choosing between the eight brokers discussed in the previous section:

Platform Number of Stocks Pricing Structure Cost to Buy Amazon Shares Supported Payment Methods Deposit Fees Withdrawal Fees Inactivity Fees
Capital.com 3,500+ 0% commission + spread Variable spread – can be as low as 0.7 points Credit/debit card, bank transfer, PayPal, Apple Pay No No No
eToro 2,000 0% commission + spread Variable spread – can be as low as 0.7 points Credit/debit card, bank transfer, PayPal, Skrill, Neteller 0.5% conversion fee $5 (116,265 VND) $10 (232,530 VND) per month after one year of inactivity
Interactive Brokers 10,000+ Commission (varies depending on the market) $0.005 per share (min $1) ACH, check, online bill payment No No No
Saxo Bank 20,000+ Volume-based commission $0.02 per share (min $10) Bank transfer No No Yes – up to $150 (3,487,950 VND) after six months
XTB 1,900 Volume-based commission 0.08% (min $8) Credit/debit card, bank transfer, e-wallet No No Yes – €10 (244,470 VND) per month after one year
Pepperstone 900+ 0% commission + spread Varies depending on market conditions Credit/debit card, bank transfer, e-wallet No No No
IC Markets 1,600 0% commission + variable spread Varies depending on market conditions Credit/debit card, bank transfer, e-wallet No No No
AvaTrade 600+ 0% commission + variable spread Variable spread – can be as low as 0.5 points Credit/debit card, bank transfer, e-wallet No No Yes – $50 (1,162,650 VND) per quarter

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

The Basics of Buying Stocks in Vietnam

The first port of call for investors researching how to buy stocks in Vietnam is understanding what stocks are and how they work. Put simply, stocks are financial instruments representing a share of ownership in a particular company – which is why they are often referred to as ‘shares’.

The best stock brokers in Vietnam allow retail and corporate investors to purchase these shares by providing access to stock exchanges, which are large markets where stocks are traded. Stocks have a set price, determined by supply and demand factors, representing their ‘value’ within the market.

When an investor purchases a stock using one of the best stock market brokers in Vietnam, they will make a profit when the stock price rises. Conversely, when the price falls, they will make a loss. Stock prices can fluctuate for countless reasons, including news events, earnings releases, and hype-driven by social media.

For those trying to decide where to buy stocks in Vietnam, it’s best to partner with an established broker like Capital.com, which provides access to several international stock exchanges. Brokers essentially act as the ‘middleman’ between traders and the broader market – and tend to charge a fee for facilitating trades.

How do I Find the Best Shares to Buy in Vietnam?

A commonly asked question by investors is, “How do you find good stocks to buy?”. Although there are countless avenues to consider, three of the most popular are discussed below:

Utilize Social Media

When researching what stocks to buy now, a good approach is to scour social media for ‘trending’ companies – as these tend to be showcasing either bullish or bearish momentum. Although retail traders sometimes get a bad rap, there are numerous useful social media sites for finding good stocks.

Reddit and Twitter are two of the most popular, as these social media networks often present in-depth information and analysis on popular companies. Stocktwits is another excellent resource, as users can discuss specific stocks with other equity traders.

Conduct Technical Analysis

Some of the best shares to buy right now in Vietnam in 2022 can be found through technical analysis. For those who are unaware, technical analysis is used to identify trading opportunities by using historical data from a company’s stock price chart.

There are countless ways to conduct technical analysis, with hundreds of indicators and tools able to be employed. Although technical analysis isn’t a foolproof approach, it can help weed out the good stocks from the bad. 

Review Earnings Reports

Finally, the best stocks to buy now tend to be those that have reported stellar earnings results – whether that be in terms of revenue growth, net income growth, or EPS growth.

Financials play a considerable role in stock market performance, so the companies performing well financially tend to exhibit upwards price movement. However, this isn’t always the case – so answering the question of “How do you find good stocks to buy?” usually involves combining more than one form of analysis.

Top 10 Best Stocks to Buy Now in Vietnam

In this section of our guide on how to buy stocks in Vietnam, we’re going to focus on some of the most promising companies on the market right now. Below are ten of the best shares to buy in Vietnam – each offering high-value potential over the longer term.

1. Palantir Technologies (PLTR)

Investors researching how to buy US stocks from Vietnam may be interested in adding Palantir Technologies to their portfolio. Palantir Technologies is a US-based software company specializing in ‘Big Data’, working for the US government and private clients.

The company was founded by Peter Thiel, who is best known for co-founding PayPal with Elon Musk. Although PLTR shares have been hit hard lately, primarily due to rising inflation and higher interest rates, the company’s financials are still solid – meaning a rebound could soon be on the cards.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

2. Grab Holdings (GRAB)

Grab Holdings is a Singapore-based tech company best known for providing the ‘Grab’ app – which offers many of the same services as Uber. These include ride-hailing, food delivery, digital payments, and more.

Grab Holdings went public in December 2021 through a SPAC, although shares immediately plummeted after the opening bell. However, considering the rapid increase in technology adoption across Southeast Asia, Grab could rebound soon once macroeconomic factors become more suitable for growth stocks.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

3. VanEck Vietnam ETF (VNM)

Traders wondering how to buy shares in Vietnam passively may wish to invest in the VanEck Vietnam ETF. Although not technically a ‘stock’, this ETF provides broad exposure to the Vietnamese equity market. The VanEck Vietnam ETF has over $375 million in net assets and invests in over 60 Vietnam-based companies.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

4. Vingroup JSC (VIC)

Another of the top 10 stocks to buy right now is Vingroup JSC. Vingroup JSC is the largest Vietnamese company and has operations in a wide array of sectors, including technology, real estate, retail, and more.

The company has been around since 1993 and has become synonymous with the rise of Vietnamese businesses over the past few decades. Although shares have fallen in recent weeks, now priced at 74,200 VND, the upcoming restructuring could pave the way for a rebound.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

5. Meta Platforms (META)

Meta Platforms, formerly Facebook, has had a tricky time of late. Changing privacy laws have hampered the company’s advertising revenue, although it remains one of the ‘Big 5’ tech stocks within the US.

Those researching how to invest in international shares in Vietnam will often see Meta Platforms mentioned, as it is consistently one of the most-traded stocks with retail traders. Finally, with Meta’s P/E ratio sitting at just 11.89, the lowest it’s been in five years, now could be a great time to purchase shares at a discount.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

6. Vinhomes JSC (VHM)

No list of what shares to buy now in Vietnam would be complete without mentioning Vinhomes JSC. Vinhomes is a subsidiary of the previously-mentioned Vingroup and is Vietnam’s largest commercial real estate developer. Vinhomes remains the second-largest publicly traded company in the country.

In terms of reach, Vinhomes has operations in 40 cities and boasts a market cap of 272.2 trillion VND. Much like its parent company, Vinhomes has had a tough time due to economic conditions – but is now considered by many to be undervalued relative to earnings.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

7. Amazon (AMZN)

Amazon needs no introduction, as huge volumes of traders consistently research how to buy Amazon shares in Vietnam. Although no longer under the stewardship of Jeff Bezos, Amazon continues to dominate the e-commerce sector – even after its poor Q1 2022 earnings results.

Amazon recently had a stock split, which significantly lowered the share price, making shares more accessible to retail investors. The hope is that this move increases the appeal of shares and causes more investment, thereby helping the stock price recover in the weeks ahead.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

8. Alibaba (BABA)

Alibaba is a Chinese tech company with operations in various sectors, including e-commerce, retail, and internet services. BABA shares are publicly traded on the NYSE, with the company consistently ranked as one of the largest in the world in terms of revenue.

Alibaba’s share price has been volatile of late due to China’s recent ‘Zero COVID’ policy. However, now that restrictions have eased and the Chinese government has softened its stance on working with the US, things are beginning to look up for Alibaba.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

9. Hoa Phat Group JSC (HPG)

Another popular Vietnamese stock to invest in is Hoa Phat Group. Hoa Phat Group is a Vietnam-based company involved in iron and steel production, with a market cap of over 120 trillion VND.

The company also has agriculture and real estate operations, making it one of the largest conglomerates in the country. Like many Vietnamese stocks, Hoa Phat Group’s share price has plummeted in recent weeks. Yet with a P/E ratio sitting at just 3.75, there’s an argument that HPG could be undervalued at current prices.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

10. Nvidia (NVDA)

Rounding off our list of the best shares to buy now in Vietnam is Nvidia. Nvidia is a tech company that specializes in semiconductors – with a focus on GPUs, APIs, and other forms of hardware.

Nvidia has also branched into artificial intelligence and cryptocurrency, which will appeal to investors who buy Bitcoin in Vietnam. Shares have dropped significantly over the previous six months due to supply chain issues and rising inflation. However, Nvidia remains one of the most talked-about companies in the US market.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

How Do You Make Money from Stocks?

Now that we’ve discussed what shares to buy now in Vietnam, let’s focus on how profits are made through equity investing. In general, there are three main ways to make money through stock trading:

Capital Gains

The most common way, and the one that most investors aspire towards, is capital gains. This essentially means selling a stock at a higher price than it was purchased. Here’s an example:

  • An investor buys ten shares of Palantir Technologies at $10 each
  • This means the total position size is $1,000
  • A few months later, the Palantir Technologies share price rises to $20
  • The investor opts to close out their position at this higher price
  • The ten stocks are sold for $15 each, providing $1,500 in income – a $500 profit relative to the initial investment.

In the above example, the investor would have made a 50% profit on their trade. However, keep in mind that transactions are subject to capital gains tax, which is set at 20% in Vietnam.

Dividend Gains

A selection of the top 10 stocks to buy right now will pay what’s known as a ‘dividend’, which is a cash distribution that occurs quarterly, semi-annually, or annually. All shareholders of a dividend-paying company are entitled to these distributions, with some companies opting to pay higher dividends than others.

Dividends are usually quoted on a ‘per share’ basis – for example, a company may pay a dividend of $0.50 per share. The dividend yield can be calculated by dividing the annual dividend per share by the current stock price; a higher yield indicates that a company pays out a large percentage of dividends relative to its stock price.

Compound Interest

Finally, a common approach for investors wondering how to buy stocks online is to make the most of ‘compound interest’. Put simply, compound interest is the interest accrued on an initial investment, plus any previously-accumulated interest. An example of this is as follows:

  • An investor purchases $5,000 worth of a dividend-paying stock
  • The investor receives an annual dividend payment of 10%, amounting to $500
  • This payment is used to purchase more stocks – meaning the investor now owns $5,500 worth of these shares
  • The following year, the investor receives 10% on $5,500 – providing a dividend payment of $55

When this process is completed over the longer term, dividend payments can grow exponentially – which is why compound interest is excellent for investors saving for retirement.

How to Buy Penny Stocks in Vietnam

Certain investors (especially those with a risk-seeking nature) may be keen to learn how to buy penny stocks in Vietnam. The critical thing to remember about these stocks is that they are highly volatile due to their small market caps and low level of liquidity.

Unlike the best shares to buy right now that we covered earlier, penny stocks tend only to be offered by a select few platforms. One of these platforms is Interactive Brokers, which provides access to penny stocks listed on US stock exchanges. However, beginner investors may wish to stick with more liquid assets – as penny stocks are usually unpredictable and hard to analyze.

Are Shares Taxed in Vietnam?

The taxation rules for how to buy stocks in Vietnam can be slightly hazy, considering the Vietnamese government has only recently loosened policies surrounding equity investments by foreigners. However, as it stands, any Vietnamese or foreign investor (regarded as a resident within the country) will have to pay a 20% tax on capital gains.

For example, if an investor makes a 500,000 VND profit on an equity trade, then 100,000 VND must be paid in tax. Notably, tax rules are ever-changing and are much different for non-residents who invest in Vietnamese equities – so it’s best to review the Vietnamese government’s website for a more in-depth breakdown.

How to Buy Stocks for Beginners in Vietnam – Capital.com Tutorial

Now that we’ve discussed the best trading platforms and top shares on the market, let’s explore how to buy US stocks from Vietnam. As mentioned, traders can purchase these stocks by creating an account with a broker that accepts Vietnam-based users and offers access to US stock exchanges.

With that in mind, the steps below highlight how to buy international shares in Vietnam with Capital.com without paying any commission.

Step 1 – Create a Capital.com Account

Proceed to Capital.com’s homepage and click the ‘Trade Now’ icon. Enter a valid email address and choose a password on the following page, after which Capital.com will send an email containing a verification link to complete the account opening process.

 

Step 2 – Verify Account

Click ‘Complete Registration’ on Capital.com’s dashboard and provide the necessary personal information. Following this, upload proof of ID (e.g. passport) and proof of address (e.g. bank statement). Capital.com will then verify these documents and email you once everything is complete.

 

Step 3 – Make a Deposit

Once verified, you can make a deposit. To do so, click ‘Deposit’ on Capital.com’s dashboard and enter your funding amount – a minimum of $20 (465,000 VND) is required for Vietnamese traders. In terms of payment methods, Capital.com accepts the following:

  • Credit card
  • Debit card
  • Bank transfer
  • PayPal
  • Apple Pay

Step 4 – Buy Shares in Vietnam

Type the name or ticker symbol of the company you’re interested in into Capital.com’s search bar and click ‘Buy’; for example, we’ll show how to buy Amazon shares in Vietnam. An order box will appear on the right side of the screen, in which you can enter your position size and set a stop loss or take profit. Once you’re happy with everything, click ‘Buy’ again.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

Top Tips for Buying Stocks in Vietnam

Before rounding off this guide on how to buy stocks online in Vietnam, here are five valuable tips to keep in mind before making an equity investment:

Tip #1 – Have a Solid Trading Plan

The most important thing investors must remember before entering the stock market is to have a well-researched trading plan. In addition, investors must remember to stick to the plan and remain objective rather than subjective.

Tip #2 – Use eToro’s CopyTrader Feature

New traders researching what stocks to buy now may wish to use a social trading feature like eToro’s CopyTrader. This feature allows traders to copy the positions opened by other eToro traders – thereby fully automating the trading process.

 

Tip #3 – Partner with a Low-Fee Broker

The platforms reviewed earlier in this guide on how to buy stocks in Vietnam were derived through extensive research and testing, ensuring they are suitable for traders looking to invest with low fees. Our recommended broker, Capital.com, allows Vietnamese traders to buy stocks with no commissions – whilst offering up to 5:1 leverage.

Tip #4 – Start with a Demo Account

Before investing in the best shares to buy right now in Vietnam in 2022, beginner traders may wish to practice trading with a demo account. Capital.com offers a free demo account feature that works like a regular account, except with virtual money.

Tip #5 – Never Invest More Than You Can Afford to Lose

Finally, a key factor to remember when researching how to buy shares in a company is never to invest more than you can afford to lose. This advice seems obvious, but many new investors opt to over-leverage – which can result in account-ending losses. 

How to Buy Stocks in Vietnam – Conclusion

In conclusion, this guide has taken an in-depth look at how to buy stocks in Vietnam, reviewing a selection of top brokers and presenting a walkthrough of the investment process.

For those wondering where to buy shares in Vietnam, we recommend checking out Capital.com. Capital.com has full support for Vietnamese traders and charges no commissions on stock trades. In addition, users can make deposits from only $20 (465,070 VND), with full support for PayPal and Apple Pay.

Your capital is at risk. 78.91% of retail investor accounts lose money when trading CFDs with this provider.

FAQs

How can I buy stocks in Vietnam?

Does Vietnam have a stock exchange?

Can I invest in Vietnam stocks?

Can I use Interactive Brokers in Vietnam?

What is the best way to invest in Vietnam?

Related Posts