Securities depository is the receipt of consignment, safekeeping, transfer and acknowledgement of securities ownership of clients in the securities depository account system managed by Vietnam Securities Depository and Clearing Corporation (VSDC) in order to guarantee rights and interests relating to securities of shareholder. In accordance with Law on securities, securities of public companies (including securities of public companies listed on Stock Exchanges and securities of unlisted public companies) shall be centrally deposited at VSDC before being traded. Securities depository for clients at VSDC is performed according to the following principle: Clients deposit their securities at VSDC’s depository members who will redeposit their clients’ securities at VSDC. Securities depository accounts at VSDC are managed as following: The total balance of clients’ securities depository accounts opening at depository members always match with the balance of depository members’ securities depository accounts open at VSDC. The detailed balance of securities depository account of each client at depository members shall match with ownership figures of that client at VSDC. In case of detecting information errors of depository members or their clients’ accounts, VSDC shall immediately inform depository members and those members are responsible for adjusting appropriately. Securities deposited at VSDC are clients’ assets, managed separately from VSDC’s assets, and VSDC shall not be allowed to use the clients’ securities for the sake of a third party or VSDC itself.
At depository members, in order to ensure interests of clients whose securities are deposited, depository members have to open each depository account for each client and manage clients’ assets separately. Clients’ securities deposited at depository members are clients’ assets and managed separately from depository members’ assets. Depository members shall not be allowed to use securities in the clients’ securities depository accounts for the sake of a third party or depository members themselves.

VSDC provides the following securities depository services for its clients:
- Securities lodging
- Securities withdrawal
- Transfer of non-traded securities 
- Securities pledging and releasing

Clients have to work with their depository members, at which they open their accounts, to get their securities consigned, withdrawn, transferred and pledged. Depository members manage information on securities ownership in book-entry depository account system. Ownership transfer of centrally deposited securities is done by book-entry instead of transferring physical certificates.
Processes and procedures of securities depository are stipulated in the Guideline on Securities Depository at VSDC issued with No. 18/QĐ-HĐTV dated 10/08/2023