•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Three state-owned commercial banks—Vietcombank, VietinBank and BIDV—have jointly raised deposit rates on key tenors, pushing VNĐ savings rates to new highs for personal customers.
A survey of the latest rates for personal customers shows Vietcombank increased rates on the 12-month and 24-month tenors. The 12-month rate rose from 5.2% to 5.9% per year, while the 24-month tenor increased from 5.3% to 6.5% per year. The bank kept rates unchanged for other tenors.
For the short-tenor group of 1–5 months, rates remain around 2.1%–2.4% per year. The mid-term 6–9 months stays at about 3.5% per year.
VietinBank also adjusted rates on mid- to long-term tenors. Under the new schedule, deposits from 12 to under 24 months are now 5.9% per year, up from 5.2% previously. The 24–36 month tenor was raised from 5.3% to 6.5% per year, becoming the highest rate in the bank’s current deposit schedule.
Short-term tenors under 12 months remain unchanged, with rates typically between 2.1% and 3.5% per year depending on tenor.
BIDV raised rates on longer tenors as well. Deposits from 12 to under 24 months are now 5.9% per year, and 24–36 month tenors are increased to 6.5% per year, up from 5.3% per year previously.
Other tenors at BIDV remained unchanged, with short tenors of 1–5 months around 2.1%–2.4% per year and 6–9 months around 3.5% per year.
The rate increases by Vietcombank, VietinBank and BIDV come as competition in deposit rates intensifies after the Lunar New Year. Among roughly 15 banks that have announced hikes since early March, most major banks—including MB, VietinBank, BIDV, Vietcombank, Techcombank, Sacombank and SHB—have lifted rates.
Listed rates have risen by about 0.5–1 percentage point, with the biggest increases typically on tenors of six months or longer; short-term rates below six months remain largely at the ceiling around 4.75% per year.
The article also notes that actual deposit rates at many banks can be higher than posted rates, with some branches advertising above 8% per year.
VCBS (Vietcombank Securities) expects deposit rates to continue rising due to funding pressures within the system, citing high credit growth and robust disbursement of public investment in 2026. However, VCBS said the pace of increases is not expected to match previous cycles.
The main pressure is expected to come from mid- to small-sized private banks that rely heavily on customer deposits and have less flexible funding structures.
VCBS also highlighted that escalating geopolitical tensions could constrain the central bank’s room for maneuver. In a negative scenario—aimed at stabilizing the exchange rate and controlling inflation—deposit rates could rise across all banks in both speed and scale.
ACBS (ACB Securities) similarly expects deposit-rate hikes to continue through the first half of 2026 until the FX environment becomes more favorable and geopolitical tensions ease to stabilize domestic foreign exchange flows.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
