15-Month Deposit Rates at Seven Vietnamese Banks: Online Rates Reach 7.4%
Rate schedules compiled on November 10 show that 15-month deposits at seven Vietnamese banks earn annual rates of 4.85% to 6.9% at branches. At the six banks with online data, rates range from 5.35% to 7.4%. For a VND 500 million deposit with interest paid at maturity, returns differ by about VND 12.81 million between banks.
