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deposit rates

Nearly 20 banks in Vietnam cut interest rates

HCMC - Vietnam’s monetary market saw a significant shift last week as nearly 20 commercial banks simultaneously lowered interest rates for deposits and loans. Lending...

Higher interest rates in sync with macro stability

Interest rates have been gradually rising. In the context of the State Bank of Vietnam (SBV) continuously injecting liquidity through open market operations to...

Jan-Jul FDI disbursements at five-year high

Foreign direct investment (FDI) disbursements in Vietnam in the first seven months of 2025 reached a five-year high of US$13.6 billion, showed official data.

More banks cut deposit rates

HCMC - Ten commercial banks in Vietnam have lowered deposit interest rates at the counter, while seven banks have also reduced online deposit rates...

Credit growth reaches 15.08% in 2024

HCMC – Credit growth in Vietnam's economy reached 15.08% as of December 31, 2024, with outstanding loans totaling VND15.6 quadrillion, an increase of over...

Banks raise deposit interest rates

HCMC – Several banks have increased deposit interest rates, with some offering 6-6.3% annually for long tenors. BVBank offers an annual rate of 6.3% for...

Personal deposits near VND7 quadrillion

HCMC – Personal deposits at commercial banks in Vietnam totaled nearly VND7 quadrillion as of August, up by 6% against the end of 2023,...

Banks further cut deposit rates

HCMC - Commercial banks have recently further lowered interest rates for deposits, with the lowest rates now hitting 1.7% per annum, according to Thanh...

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