# Vietnamese bank savings interest rate trends

> Live situation record from CLSTR: https://clstr.news/situations/vietnamese-bank-savings-interest-rate-trends
> Updated: 2026-10-28T01:23:43.000Z. Sources: 20. Developments: 3.

Surveys of major Vietnamese banks in late October 2026 indicate varying interest rates for savings deposits. Agribank consistently offers the highest returns among the surveyed institutions. For a 1 billion VND deposit, Agribank provides a 6.8% annual rate for 12-month terms, whereas BIDV, VietinBank, and Vietcombank offer a lower 5.4% rate for the same period. As deposit amounts vary, such as with a 500 million VND deposit, the disparity remains. Agribank yields 34 million VND for a 12-month term, while BIDV, VietinBank, and Vietcombank yield 27 million VND. Other institutions like SHB also provide competitive options with specific rates for 3-month and 9-month terms. Recent reports from Hanoi indicate a potential discrepancy between publicly listed rates and those offered at service counters. Some banks have reportedly advised customers on rates exceeding 9% for large deposits. Following directives from the State Bank of Vietnam, commercial banks including Vietcombank, Agribank, ACB, and VPBank have actively lowered deposit interest rates to curb input interest rate trends. More than 20 banks, including the ‘Big 4’ group (Agribank, Vietcombank, BIDV, and VietinBank), have implemented these reductions. Many savers have reported a decrease of 0.5 percentage points upon the maturity of their savings books. To support economic recovery, banks are launching large-scale preferential credit packages. VPBank has introduced a 1.5 percentage point reduction for key sectors and allocated 10 trillion VND for small and medium enterprises, while Sacombank is deploying a 20 trillion VND package for individuals and a 40 trillion VND package for businesses. Agribank is offering a 70 trillion VND credit program for priority sectors and has adjusted lending rates by up to 2.5% for existing debts. To supplement domestic liquidity, banks such as HDBank, VPBank, MB, and VIB are increasingly tapping international markets.

## Claims

- Agribank offers a 6.8% annual interest rate for 12-month terms. (corroborated by 3 sources)
- BIDV, VietinBank, and Vietcombank offer a 5.4% annual interest rate for 12-month terms. (corroborated by 3 sources)
- SHB offers a 3% annual interest rate for 3-month terms. (corroborated by 2 sources)

## Timeline

### 2026-10-28: Vietnam banking sector faces interest rate cuts and rising loan fraud

Vietnamese banks are lowering deposit rates following State Bank directives, while authorities warn of rising financial fraud involving fake lending apps and impersonation.

5 sources. https://clstr.news/cluster/vietnam-banking-sector-faces-interest-rate-cuts-and-rising-loan-fraud

### 2026-10-25: Vietnam banks cut interest rates and expand credit packages

Vietnamese banks are lowering interest rates and launching multi-trillion VND credit packages to support businesses, while simultaneously increasing international capital mobilization.

19 sources. https://clstr.news/cluster/vietnamese-banks-offer-varying-interest-rates-for-500-million-vnd-deposits

### 2026-10-21: Savings interest rates at major Vietnamese banks

Agribank offers higher interest rates for 1 billion VND deposits compared to BIDV, VietinBank, and Vietcombank, with 12-month returns reaching 68 million VND.

3 sources. https://clstr.news/cluster/savings-interest-rates-at-major-vietnamese-banks

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Cite as: Vietnamese bank savings interest rate trends. CLSTR, https://clstr.news/situations/vietnamese-bank-savings-interest-rate-trends