12-Month Deposit Rates Reach 7% at Several Vietnamese Banks
An online deposit rate survey covering 35 Vietnamese banks on November 12, 2026, showed five banks offering a listed annual rate of 7% for 12-month deposits. VPBank’s 18-month rate of 7.4% was the highest among the terms listed. Some banks also offered conditional rate bonuses.
An online deposit rate table covering 35 Vietnamese banks on November 12, 2026, showed marked differences in 12-month rates. MBV, PGBank, Sacombank, VCBNeo and VIB each listed an annual rate of 7%, tying for the highest among the banks listed; BVBank offered 6.9%. VPBank, LPBank and Saigonbank each offered 6.7%.
Agribank, BIDV, Vietcombank and VietinBank each listed an annual rate of 6.8% for 12-month deposits, 0.2 percentage points below the highest rate noted above. All four banks offered annual rates of 6.6% for both 6-month and 9-month deposits, and 6.8% for 18-month deposits.
Comparison of online term deposit rates at several Vietnamese banks on November 12, 2026.（VietVance）
For other terms, VPBank listed an annual rate of 7.4% for 18-month deposits, the highest across all terms in the table. VCBNeo led 6-month rates at 7%, followed by PGBank at 6.9%; for 9-month deposits, both MBV and VCBNeo reached 7%. Listed rates for different terms do not necessarily reflect the rates depositors actually receive.
Some banks also offered conditional rate bonuses. Military Commercial Joint Stock Bank (MB) launched a rate bonus program for its 32nd anniversary, covering deposits with terms of 6 to 12 months. Depending on the term and applicable conditions, the bonus ranged from 2.35 to 2.9 percentage points, bringing the annual rate after the bonus to as much as 8.2%. The rate depositors can actually receive still depends on the deposit amount, term, product and program conditions.
Source: VietVance
