The State Bank of Vietnam (SBV) has just announced data on interest rate developments of credit institutions in July 2025. Accordingly, the interest rate level in the market is generally stable, showing a clear trend in both deposits and loans.
Regarding mobilization, the interest rate for VND deposits at commercial banks is generally 0.1 - 0.2%/year for non-term deposits and deposits with a term of less than 1 month; 3.3 - 4.0%/year for terms of 1 to less than 6 months; 4.6 - 5.5%/year for terms of 6 to 12 months. For deposits over 12 months to 24 months, interest rates are at 4.9 - 6.1%/year; while over 24 months range from 6.9 - 7.3%/year.
For USD, deposit interest rates remain at 0%/year for both individuals and organizations. In the lending direction, the average interest rate in VND for new loans and old outstanding loans is 6.5 - 8.9%/year. In particular, short-term lending interest rates for priority sectors are recorded at about 3.9%/year, lower than the ceiling of 4%/year as prescribed.
For USD, the average lending interest rate in the market is 4.1 - 5.0%/year. This data shows that interest rates continue to remain stable, creating conditions for organizations and individuals to mobilize capital, while contributing to supporting businesses when credit demand is forecast to increase in the coming months.
