Sending VND 100 Million at VPBank, Techcombank, HDBank, MB, SHB and Sacombank on 21/10: How Much Interest After 12 Months?

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• MSB Cuts Lending Rates for Individual and Business Customers

  MSB will cut its lending rate by at least 2% for business customers through a VND 10,000 billion preferential credit package, with rates starting at 7.5% per year. For individual customers, it is reducing deposit rates by 0.5% for terms of 6 months and longer on its High-Interest Deposit, Partial Withdrawal Deposit and Term Deposit with End-of-Term Interest products. After the adjustment, MSB’s highest 12-month counter savings rate is 6% per year, and 6.3% for online deposits. The moves follow the State Bank of Vietnam’s push to lower interest rates, after its October 19 meeting with banks called for 1.5–2% cuts in lending rates for priority sectors and at least 0.5% cuts in deposit rates for terms of 6 months and longer. MSB also launched MSB Digital Bank and MSB Business Banking to expand digital services.

  VnExpress·21/10, 03:30• MSBMSBinterest ratessavings accounts
• Amid the wave of rate cuts, how are banks attracting deposits?

  At the State Bank of Vietnam's request, Governor Pham Duc An met 46 commercial banks on Oct. 19 and asked them to cut deposit rates by at least 0.5% per year for terms of 6 months or longer. As of the afternoon of Oct. 20, 16 banks had announced cuts, mostly for terms of 6 months and above, typically 0.5% per year and up to 0.7%. Rates for deposits under 6 months changed little due to the 4.75% per year ceiling. Still, banks were competing hard for deposits, and one employee offered 9.6% per year for a 6-month term before the cut took effect. Listed 12-month rates at most banks have fallen below 7% per year, though how much loan rates fall depends on funding costs and other factors.

  CafeF·20/10, 17:26• VNINDEXinterest ratesState Bank of Vietnambanks
• Savings interest rates on October 20 at Agribank, Vietcombank, VietinBank and BIDV: Large gaps at 12-24 month terms

  After Agribank and Vietcombank cut deposit rates, the rates at the four state-owned banks diverged more clearly. For 1-3 month terms, Agribank is highest at 2.6%-2.9% per year, while Vietcombank, VietinBank and BIDV offer 2.1%-2.4%. For 6-9 months, Vietcombank's 3% per year is below the 3.5% offered by the other three. From 12 months up, BIDV and VietinBank stay higher, at 5.9% for 12 months and 6% for 24 and 36 months, while Vietcombank offers 4.8% for 36 months. These are counter rates for individual customers and may change by term, deposit amount, channel and each bank's policy.

  CafeF·20/10, 13:58interest ratessavings accountsbanks
• Bank with the largest customer deposits cuts savings interest ratesCafeF·20/10, 04:20▲ VNINDEXinterest ratessavings accountsbanks
• Bank Staff Push Last-Minute Deposits Ahead of Interest Rate Cuts

  Following a State Bank of Vietnam directive to lower deposit rates, staff at many banks are pushing customers to deposit funds at the last minute before rates fall. The central bank requires banks to cut deposit rates by at least 0.5 percentage point for terms of 6 months and longer, or face tighter credit growth targets. The highest listed rate for 6-12-month terms hit 8% in August, up 2.5 percentage points year on year, while a VnExpress survey found 6-month rates at 8.5-9.2% a year. Since the directive, 15 banks have announced new deposit rate schedules, mostly cutting by 0.5 percentage point to below 7% a year for terms of 6 months and above. Some analysts say rates are near their peak and could ease from early 2027, though a quick reversal is unlikely as credit demand tends to rise toward year-end.

  VnExpress·20/10, 03:44▲ VNINDEX▲ ACB▲ BID▲ CTGinterest ratessavings accountsbanks
• Savings Interest Rates Cut Across the Board

  15 private banks, including ACB, TPBank, Sacombank and SeABank, cut listed deposit rates for terms of 6 months and longer by 0.5–0.7 percentage points on October 19, following a State Bank of Vietnam directive issued October 18. Deposits under 6 months remain capped at 4.75% a year, with most banks unchanged and only a few such as LPBank, ACB and SeABank trimming slightly. Most banks now list 12-month rates below 7% a year (excluding VIP and very large deposits), and about 15 are below 6%. The central bank also asked banks to cut lending rates by 1.5–2 percentage points for production, business and priority sectors, warning that non-compliant banks could face reviews of remaining credit quotas, lower quotas next year or higher safety ratios.

  VnExpress·19/10, 23:32▲ ACB▲ BID▲ CTG▲ HDBinterest ratessavings accountsState Bank of Vietnam

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• Kingfisher Completes 2026 Drill Program at HWY 37 Project with 13,551 m Drilled, Golden Triangle

  Kingfisher Metals has completed its 2026 diamond drill program at the HWY 37 Project in the Golden Triangle of British Columbia, drilling 13,551 m in 24 new holes plus an extension of hole HW-25-011. All nine holes at the Hank porphyry target, roughly 8,070 m in total, intersected the porphyry system or its alteration halo, and the system remains open at depth and along strike. Hole HW-26-028 encountered a 212 m stockwork body of porphyry-style veins, and HW-26-031 showed veins over about 328 m downhole. Six holes in the Upper Hank gold system intersected alteration and epithermal veins at Pits, and regional surface work was also completed. Apart from the partial HW-26-015 result reported earlier, all assays are pending, and the company is planning a roughly 20,000 m drill program for 2027.

  Yahoo Finance·21/10, 09:00mininggoldCanada
• Treasury yields steady as investors await jobless claims, mortgage data

  U.S. Treasury yields held steady on Wednesday as investors awaited jobless claims and mortgage data ahead of the Federal Reserve's Oct. 28 rate decision. The 10-year yield was unchanged at 5.1211%, the 2-year at 4.7889%, and the 30-year at 5.4320%. WTI crude rose 0.86% to $98.66 per barrel after fresh missile strikes on tankers in the Strait of Hormuz and Saudi energy facilities raised supply concerns. The 30-year fixed mortgage rate averaged 7.5% in the week ended Oct. 9, and initial jobless claims rose by 1,000 to 199,000 in the week ending Oct. 10.

  CNBC·21/10, 08:57• DXYbondsinterest ratesFed
• Tether leads $15 million funding round for AI-focused payment startup Mural

  Tether led a $15 million Series A round in Mural, a New York-based financial infrastructure company founded by former Palantir engineers, bringing its total funding to $28 million. The round also included North Island Ventures and existing investors. Mural provides tools for managing accounts, payments, identity verification and compliance across banks and blockchains, with customers such as Deel and Opera. The deal reflects Tether's push into agentic finance, where AI systems can execute transactions for people and businesses, and Mural lets firms set transaction limits and require approvals for larger payments. Tether CEO Paolo Ardoino said that as agents start moving money, connections to banks and payment networks become essential.

  CoinDesk·21/10, 08:47Tethercryptoartificial intelligence
• Cost of living blow for united kingdom households as inflation soars again

  UK CPI inflation rose to 3.5 percent in September from 3.1 percent in August, its highest in nearly a year and above the 3.4 percent most economists had expected, according to the Office for National Statistics (ONS). Transport was the biggest contributor, as average petrol and diesel prices hit their highest in four years and diesel reached its highest since July 2022. Airfares, computer games and live events also pushed prices up, partly offset by smaller rises in hotel stays. ONS chief economist Grant Fitzner said the cost of raw materials and factory-gate goods kept rising, driven by higher crude oil and petrol prices.

  grimsbytelegraph.co.uk·21/10, 08:45• GBP/USDinflationUKfuel prices
• China GDP beats forecasts as export boom offsets weak demand

  China's third-quarter GDP grew 4.5 percent, beating the 4.4 percent forecast and rebounding from three-year lows, while growth for the first nine months reached 4.6 percent. Booming exports offset weak consumer spending and a prolonged property downturn, and analysts expect China to meet its 4.5 to 5.0 percent 2026 target without additional stimulus. Retail sales lagged industrial output, fixed-asset investment fell 7.2 percent in January to September, and unemployment eased to 5.2 percent in September. Exports rose by more than a third, putting China on track to surpass last year's US$1.2 trillion trade surplus, but economists warn about reliance on exports and weak domestic demand. ANZ flagged trade tensions and geopolitical risks, while Societe Generale's Michelle Lam said a policy shift toward household incomes and consumption is needed; the yuan rose to its highest since July 2022.

  nepalnational.com·21/10, 08:45▲ AUD/USD▲ VNINDEXGDP growthChinaexports
• Billionaire Pham Nhat Vuong “drives” Vietnam’s stock market among Asia’s top gainers

  The VN-Index gained 46.7 points (+2.76%) to 1,738.67 points, its strongest rise in over half a year, with the Vingroup group contributing nearly 34 points; VIC, VHM and VRE hit the daily limit-up. HoSE liquidity improved markedly, with trading volume above 800 million units and matched value of VND 16,600 billion. Foreign investors net bought VND 193 billion on October 21, ending a streak of 20 consecutive sessions of net selling on HoSE. According to BSC, the 2026 profit growth forecast for the surveyed listed companies was raised to 26%, and 2027 is expected at 12%; BSC sees this as an appropriate time to allocate to stocks for medium- and long-term goals.

  CafeF·21/10, 08:45▲ VNINDEX▲ VIC▲ VHMVNINDEXVICPhạm Nhật Vượng