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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Vietcombank issued a notice on reducing savings rates following a meeting between the State Bank of Vietnam (SBV) and 46 commercial banks on the afternoon of April 9, 2026. The bank’s adjustment takes effect from April 13, 2026.
Under the decision, Vietcombank reduced the interest rate for its highest-yield term deposit (24-month term) by 0.5 percentage points to 6% per year. The new rate applies starting April 13, 2026 (next Monday). The bank stated that other deposit terms will continue to be reviewed for possible adjustments.
After this change, Vietcombank’s savings rates across all terms will not exceed 6% per year.
Vietcombank said the reduction is intended to help banks gradually optimize input capital costs, creating room to lower lending rates for individuals and enterprises engaged in production and business. The bank linked the move to supporting the growth targets of the Party and Government in the new period.
The decision was made after the April 9, 2026 meeting between the SBV and 46 commercial banks. Under SBV direction, commercial banks broadly agreed to lower deposit rate levels to reduce funding costs for lending to the economy and to expand access to credit for businesses and people.
Earlier in March 2026, Vietcombank and other state-owned banks—including Agribank, BIDV and VietinBank—raised deposit rates sharply. The highest rate among this group increased to 6.5% per year, up from the 5.2%–5.3% range maintained during 2025.
Beyond Vietcombank, several commercial banks announced deposit rate cuts after the SBV meeting. Typical reductions in the market are reported to range about 0.3–0.5 percentage points for deposits, and could reach up to 1 percentage point for lending rates.
Accordingly, VPBank, ABBank, SeABank, Kienlongbank, Sacombank, VietABank and BVBank announced reductions in deposit rates. Sacombank cut both deposit and lending rates by 0.5 percentage points. BVBank said it would continue optimizing capital costs with the aim of lowering lending rates for customers.
For banks with state ownership, VietinBank is expected to cut lending rates by 0.5 percentage points for priority sectors.

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