Many banks continue to cut deposit rates and launch preferential lending packages worth tens of thousands of billions of dong, in response to the State Bank of Vietnam's directive to lower interest rate levels. VPBank cut deposit rates by a further 0.4 percentage points for 6–13 month terms, and online deposits under VND 10 billion for 6–11 months now earn 6.6% per year. Sacombank launched a VND 20,000 billion package for individual customers, cutting lending rates by 1.5–2 percentage points, after a VND 40,000 billion corporate program. MSB, VIB and VPBank also have packages of VND 10,000–15,000 billion, with lending rate reductions of 1.5–2 percentage points depending on conditions. Under Official Dispatch No. 9736/NHNN-CSTT dated 21/10/2026, banks must cut average deposit rates for new transactions of 6 months or more by at least 0.5% per year, and non-compliant banks could face penalties, including reduced credit growth targets.
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Original headline: Làn sóng giảm lãi suất ngày càng sôi động
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interest ratesbankscreditState Bank of Vietnam
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Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 10/26/2026 | 1,763.55 |
| Change that session | -0.60% |
DXY
▼ Likely negativeRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/26/2026 | 102.02 |
| Change that session | +0.27% |
XAU/USD
▲ Likely positiveRelevance: low
| Market | Gold |
|---|---|
| Close on 10/26/2026 | 4,017.27 |
| Change that session | +0.54% |
BTC/USDT
▲ Likely positiveBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/26/2026 | 80,150.56 |
| Change that session | 0.00% |
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Related news
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