Deposit Rates at 35 Vietnamese Banks: 18-Month Rate Reaches 7.1%

Listed online deposit rates for individuals at 35 Vietnamese banks, compiled as of November 14, 2026, show VPBank offering 7.1% per year for an 18-month term, the highest rate in the table. MBV, Sacombank and VCBNeo each list 7% for the same term. These are listed rates; the rate actually applied may vary with the deposit amount, interest payment method and other conditions.

For 12-month deposits, MBV, PGBank, Sacombank, VCBNeo and VIB each list 7%, the highest rate among the banks surveyed. The four state-owned commercial banks—Agribank, BIDV, Vietcombank and VietinBank—each list 6.8%, 0.2 percentage points below the highest rate. Assuming interest is paid at maturity, a VND 100 million deposit for 12 months would earn VND 7 million at an annual rate of 7%, or VND 6.8 million at 6.8%.

Listed rates of 7% also appear at shorter terms: VCBNeo lists 7% for six months, while MBV and VCBNeo both list 7% for nine months. Several banks list 4.75% for three months, including the four state-owned commercial banks named above.

A longer term does not necessarily mean a higher rate. VIB's 18-month rate is 5.9%, 1.1 percentage points below its 12-month rate; BIDV's 18-month rate is 6.6%, below its 12-month rate of 6.8%. Depositors should check the rate they will actually receive and the applicable conditions when opening a deposit.

Source: VietVance