News about Vietbank

Vietbank is launching a VND 3,000 billion preferential credit package with interest rates at least 1.5% per year lower than usual, effective from October 19, 2026 until June 30, 2027 or until the quota runs out, and cutting deposit rates by 0.5% per year for terms of 6 months or longer. The move is in line with government and State Bank directives to lower lending rates, after Deputy Prime Minister Nguyễn Văn Thắng asked for cuts of 1.5–2% for production, business and priority sectors. A separate VND 600 billion quota for agriculture, forestry and fisheries carries rates at least 1% per year below the average short-term lending rate, fixed for the loan term. For home buyers, the An Cư Thịnh Vượng package finances up to 100% of capital needs with terms of up to 30 years, while the bank also waives or reduces some service fees.