Deposit rates at 35 Vietnamese banks: VPBank cuts short-term rates
As of November 11, 2026, VPBank had cut its online deposit rates for terms of one to five months by 0.1 percentage points to 4.65% per year, its second cut since October 19. In a survey of 35 banks, five offered a standard 12-month rate of 7%, while VPBank had the highest 18-month rate at 7.4%.
VPBank’s latest online deposit rate schedule shows a uniform cut of 0.1 percentage points for terms of one to five months, bringing the rate to 4.65% per year across all deposit amounts. This is the bank’s second deposit rate cut since October 19, 2026; rates for terms of six months or longer remain unchanged.
For deposits below VND 10 billion, VPBank offers 6.6% for terms of six to 11 months and 6.7% for 12 to 13 months. For deposits of VND 10 billion or more, the respective rates are 7% and 7.1%. For both deposit brackets, the rate is 7.4% for 15 to 18 months, 7.1% for 24 months and 6% for 36 months.
A compilation of posted online rates at 35 banks on November 11, 2026, shows that MBV, PGBank, Sacombank, VCBNeo and VIB each offered a standard 12-month rate of 7%, the highest standard rate for that term in the compilation. Agribank, BIDV, Vietcombank and VietinBank each offered 6.8%, while VPBank offered 6.7%. Rates may differ by deposit amount.
For 18-month deposits, VPBank’s 7.4% was the highest among the banks surveyed; MBV, Sacombank and VCBNeo each offered 7%. VCBNeo led for six-month deposits at 7%, while MBV and VCBNeo shared the lead for nine-month deposits at 7%. These are posted online deposit rates for individual customers. Actual rates may vary with the deposit amount, interest payment method, transaction date and branch policies.
Online deposit rates at selected Vietnamese banks on November 11, 2026.（VietVance）
Source: VietVance
