In the context of the economy accelerating growth to realize the development goals for 2026 and the next period, the State Bank of Vietnam (SBV) steadfastly manages monetary policy proactively and flexibly, in order to maintain macroeconomic stability, control inflation and create favorable conditions for production and business activities.
At the meeting on the afternoon of April 9, 2026, according to the direction of the SBV, commercial banks highly agreed to reduce the general level of deposit interest rates to create room to reduce lending capital costs for the economy, expanding credit access for businesses and people.
Immediately after the meeting, Vietnam Foreign Trade Joint Stock Commercial Bank (Vietcombank) decided to reduce deposit interest rates. Accordingly, the interest rate for the term with the highest deposit interest rate (24-month term) was adjusted down by 0.5%/year to 6%/year, effective from April 13, 2026; other terms will continue to be reviewed for appropriate adjustment. With this adjustment, deposit interest rates for all terms of Vietcombank do not exceed 6%/year.
Reducing deposit interest rates will help banks gradually optimize input capital costs, increase room for reducing lending interest rates to support individuals and businesses to develop production and business, contributing to the successful implementation of economic growth goals according to the direction of the Party and the Government in the new period.
