Interest Rates on October 29 at Agribank, Vietcombank, BIDV, VietinBank, MB, VPBank, Techcombank, Sacombank, HDBank,...

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• Savings rates fall to near 0% at one bank

  Ngan hang TMCP Sai Gon (SCB) cut its online savings rates for new individual customers to 0.1-0.7% per year from October 26, 2026, well below the system's general level. Deposits of 31, 39 and 45 days and 1 to 5 months earn 0.1% per year, 6 to 11 months 0.5%, 12, 13, 15 and 18 months 0.6%, and 24 and 36 months 0.7%, the highest in the table. For 100 million VND deposited for 12 months at 0.6% per year, interest at maturity is 600,000 VND; for 24 months at 0.7%, estimated interest is 1.4 million VND, assuming the rate holds and no early withdrawal. The move follows an October 21 directive from the State Bank of Vietnam requiring banks to cut average deposit rates by at least 0.5 percentage points per year for new deposits of six months or longer in late 2026. SCB has been under special control since 2022 and has shrunk from nearly 240 transaction points to about 8 across 6 localities.

  CafeF·28/10, 00:25interest ratessavings accountsState Bank of Vietnam
• Interest rates on October 28 at Agribank, Vietcombank, BIDV, VietinBank, MB, VPBank, Techcombank, Sacombank, HDBank,...

  Online deposit rates posted by 35 banks on October 28, 2026 vary widely by bank and term. For 12 months, MBV, PGBank, Sacombank, VCBNeo and VIB all list 7%/year, the highest in the survey, followed by BVBank at 6.9%/year. VPBank leads the 18-month term at 7.4%/year, while PGBank tops the 6-month term at 6.9%/year. SCB's rates are well below other banks, at 0.6%/year for 12 months and 0.1%/year for 3 months, while many banks list 4.75%/year for 3 months. The article notes that actual rates may change and depend on the agreement between each bank and the depositor.

  CafeF·27/10, 18:05• VNINDEXinterest ratesbankssavings accounts
• One bank cuts savings rates to nearly 0%

  Ngân hàng TMCP Sài Gòn (SCB) has cut online savings rates for newly opening individual customers to 0.1%–0.7% per year from October 26, with 12-month deposits at 0.6% and 24-month deposits at 0.7%. For a 100 million dong deposit, the article estimates interest of 600,000 dong over 12 months and about 1.4 million dong over 24 months, assuming the rate holds and there is no early withdrawal. The move follows a State Bank of Vietnam directive on October 21 that banks cut average rates on new deposits of 6 months or longer by at least 0.5 percentage points in late 2026. SCB has been under special control since 2022, typically keeps the lowest deposit rates in the market and rarely changes them, and has shrunk from nearly 240 transaction points to about 8 across 6 localities.

  CafeF·27/10, 17:12• VNINDEXinterest ratessavings accountsbanks
• On October 27, how much interest do MB, VPBank, Techcombank, Sacombank, SHB, HDBank and ACB pay for 12-month deposits under VND 1 billion?

  On October 27, 12-month savings rates at the seven banks surveyed differed between counter and online deposits, with the highest at 6.8% per year for online deposits at Sacombank. At the counter, VPBank listed 6.4% per year for amounts under VND 1 billion, Techcombank 5.75%, SHB and MB both 5.7%, Sacombank 5.4% (under VND 500 million), HDBank 5.2% and ACB 4.8%. Online, Sacombank offered 6.8% (VND 50 million to under VND 500 million), VPBank 6.7%, Techcombank 6.25%, SHB 6.0%, MB 5.8%, HDBank 5.3% and ACB 5.2% (under VND 200 million). The article notes these rates are compiled from published rate tables, may change over time, and the actual rate depends on agreement between the bank and the depositor.

  CafeF·27/10, 04:19interest ratessavings accountsbanks
• Interest rates on Oct 26 at MB, VPBank, Techcombank, Sacombank, HDBank, Agribank, Vietcombank, BIDV, VietinBank,...

  A survey of online savings rates at 35 banks on October 26, 2026 shows rates vary by bank and term. For the 12-month term, MBV, PGBank, Sacombank, VCBNeo and VIB share the top rate of 7%/year, while SCB has the lowest among the banks surveyed at 3.7%/year. For 18 months, VPBank leads at 7.4%/year. Four state-owned banks, Agribank, BIDV, Vietcombank and VietinBank, post identical schedules: 4.75%/year for 3 months, 6.6%/year for 6 and 9 months, and 6.8%/year for 12 and 18 months. The article notes actual rates may differ by time, deposit amount, channel and agreement with the bank.

  CafeF·26/10, 11:01interest ratesbankssavings accounts
• Bank deposit rates: Listed one way, offered another at the counter

  Although many banks have cut their listed deposit rates, a survey on October 22 at several Hanoi branches found staff offering customers substantially higher rates, in some cases above 9% a year. At BIDV, the publicly posted 6-month rate was 3% a year, yet staff suggested 8% a year for deposits of 100 million to 3 billion VND. Another bank offered 9.19% a year for a 6-month term on deposits of 2 to 3 billion VND, against a listed rate of 5.2%, a gap of 3.99 percentage points. Under State Bank of Vietnam Official Letter No. 9736/NHNN-CSTT dated October 21, 2026, banks must cut effective deposit and lending rates across all sales channels, with the average rate on new deposits of 6 months or more falling by at least 0.5 percentage points in late 2026.

  CafeF·26/10, 05:29interest ratesbanksState Bank of Vietnam

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• Marvell Wants Lumentum. Here’s Why Coherent Could Win.

  Bloomberg reported on October 28 that Marvell is in advanced discussions to acquire Lumentum, though no definitive agreement has been announced. Lumentum shares rose sharply on the news while Marvell fell in after-hours trading, and Coherent gained about 3.5% after hours. Per Bloomberg’s October 9 report, Lumentum’s optical capacity is effectively sold out through early 2029, and CEO Michael Hurlston said the company could not meet about 70% of expected demand for certain products through 2027. The article argues that a Marvell–Lumentum deal could make Coherent’s independent manufacturing more valuable, especially since Nvidia has invested $2 billion in Coherent.

  Yahoo Finance·28/10, 23:44mergers and acquisitionssemiconductorsNvidia
• Google Cloud Revenue Just Grew 103%, so Why Is the Stock Falling?

  Alphabet reported third-quarter results after the market close on Wednesday. Revenue rose 25% to $127.6 billion, below analyst estimates of $127.9 billion, while diluted EPS of $2.12 fell 26% against expectations of $3.01. Operating income climbed 30% to $40.6 billion. Google Cloud revenue soared 103% to $30.7 billion, with an operating margin of 36.2%, and CEO Sundar Pichai cited huge demand for AI infrastructure. The EPS decline mainly reflected an $8.2 billion loss on equity investments, including SpaceX, compared with gains of nearly $12.8 billion a year earlier. Alphabet expects capex of about $200 billion in 2026 and $300 billion in 2027, leaving free cash flow at -$9.1 billion, and the stock fell as much as 11% after hours.

  Yahoo Finance·28/10, 23:23• GOOGLGOOGLearningscloud computing
• 2 Millionaire-Maker Custom Silicon Stocks Powering the AI Infrastructure Supercycle

  The article profiles Broadcom and Taiwan Semiconductor Manufacturing (TSMC) as leading custom-silicon players. Broadcom, which partners with Alphabet on TPUs and counts Meta, OpenAI, and Anthropic among its ASIC customers, reported third-quarter AI semiconductor revenue up 221% to $16.7 billion and net income up roughly 216% to $13.1 billion. It expects fourth-quarter AI revenue to rise 236% to $21.7 billion, and the stock trades at about 28 times expected earnings this year. TSMC manufactures chips designed by its customers and, according to many estimates, controls over 90% of the high-end AI chip market. Its stock has delivered a total return of roughly 4,720% over 15 years. The author notes that both stocks' valuations have been volatile amid AI bubble concerns, while their market positions remain strong.

  Yahoo Finance·28/10, 23:20• NVDAsemiconductorsartificial intelligenceTSMC
• Bel Fuse (BELFA) Stock Sees Modest Fair Value Lift As Analysts Rework Targets

  Bel Fuse's estimated fair value has moved from US$313 to US$326, in line with recent Street targets of US$326 to US$335. Northland raised its target to US$326, calling it another strong quarter with a better-than-expected Q3 sales outlook. JPMorgan kept an Overweight rating but cut its target twice, most recently from US$380 to US$330 in October 2026, a more cautious stance on how current risks and execution uncertainties may cap valuation. Model assumptions were also updated: revenue growth from 11.53% to 11.94%, net profit margin from 20.57% to 20.35%, future P/E from 33.59x to 34.87x, and discount rate from 8.82% to 8.70%.

  Yahoo Finance·28/10, 23:19valuationprice targetsearnings
• 3 Founder Led Stocks With At Least 22% Earnings Growth

  The article looks at three founder-led businesses as AI spending draws scrutiny after Alphabet reported negative free cash flow of US$9.07 billion and raised its AI infrastructure capex guidance. Sansan, a Japanese SaaS group founded by Chika Terada, generates about ¥48.9 billion from its Sansan and Bill One segment, with a market value near ¥273.9 billion. Spotify Technology, where Daniel Ek still shapes the long-term vision, earns about €18.8 billion in revenue, mostly from Premium subscriptions, and is valued near US$114.2 billion. China Medical System Holdings, controlled by Treasure Sea Limited, generates about CN¥7.3 billion from its Integrated Business and is valued near HK$24 billion. The article argues founder leadership may encourage more careful capital protection and highlights capital allocation and AI strategy as key questions for these companies.

  Yahoo Finance·28/10, 23:14SpotifyAI investmentearnings
• October 29: What to Read Before the Stock Market Opens

  A roundup of domestic and international financial news from the past 24 hours. In Vietnam, Digiworld (DGW) reported third-quarter profit up 66% to VND 276 billion, though its shares still fell to the floor price, while Thế Giới Di Động (MWG) posted third-quarter net profit up 75% to nearly VND 3.1 trillion, and VIB reached nearly VND 7,600 billion in nine-month pre-tax profit, up 8%. Pi Group's PDCC repurchased VND 900 billion of bonds before maturity, spending nearly VND 996.3 billion. Globally, Beijing is urgently seeking to support its weakening stock market amid an AI sell-off, while the US pending home sales index fell 7.3% to 66.0 points in September 2026, its lowest since 2001.

  Vietstock·28/10, 23:00Vietnamearningsbonds