VnEconomy

VnEconomy

Friday, June 6, 2025
Order Publications
  • Vietnam Economic Times
  • VET Exclusive
  • Vietnam Today
  • Investment
  • Green Economy
  • Business
  • Digital Biz
  • Banking & Finance
  • Property
  • Biz Traveler
  • Society
  • Interactive
  • VnEconomy Vietnamese version

Topic: the banking system

Race to lift interest rates heats up

Race to lift interest rates heats up

Liquidity pressure is increasing in Vietnam’s banking system. The maturity of USD sales contracts caused a corresponding amount of VND to be withdrawn, pushing up the interbank interest rate. In September, savings interest rates were raised to a new high at many banks, the highest being 8.8 per cent per annum at ABBank. The bank said requirements include deposits being at least VND1.5 trillion ($63.23 million) on a 13-month term, with interest received at the end of the period.
19:35 16/09/2022

Most viewed

Interactive

Vietnam Economic Times June 02, 2025

VET Exclusive

Solutions for economic growth

Vietnam Today

World Bank recommends Vietnam to escape middle-income trap

Investment

Japan's Sumitomo selected as investor of key industrial park in Thanh Hoa

Vietnam Today

National legal portal launched

Contact advertising Kết nối tòa soạn
VnEconomy Vietnam Economic Times (VET)


Chairman of the Editorial Board:

Dr. Chu Van Lam

Editor-in-Chief:

Chu Thi Hanh

General Managing Editor:

Mr. Dao Quang Binh


LICENCE No. 272/GP-BTTTT DATED JUNE 26, 2020 BY THE MINISTRY OF INFORMATION AND COMMUNICATIONS

© Copyright, VnEconomy, Vietnam Economic Association


Reproduction of any stories from this website in any form must be approved in wrting by VnEconomy


External sites will be opened in a new page. VnEconomy is not responsible for the content of external sites.

Head Office: 96-98 Hoang Quoc Viet, Cau Giay District, Hanoi

Tel: (84 24) 6260 3760 - (84 24) 3755 2050

This website is developed by Hemera Media