Clearing and settlement is centralized through the Viet Nam Securities Depository (VSD). Cash clearing is settled through Viet Nam’s only designated clearing bank—the Bank for Investment and Development of Viet Nam—and securities are settled through VSD. The settlement cycle is T+1.

Securities that are eligible for Viet Nam Securities Depository (VSD) custody include securities of public companies that are unlisted and those listed at the Ho Chi Minh Stock Exchange (HOSE) and Hanoi Securities Trading Centre (HASTC).

As of May 2007, there were twenty-four depository participants comprising securities companies, domestic commercial banks, and branches of foreign commercial banks.