As of July 28, 2026, the landscape of bank interest rates in Vietnam shows that several banks are maintaining high rates, particularly for large deposit amounts. A survey of over 30 banks reveals that PVcomBank is currently leading the market with an impressive interest rate of 10% per annum for deposits with a term of 12 to 13 months. However, this rate is applicable only to customers depositing amounts of 2 trillion VND or more in person.

Following closely is MSB, which offers a 9% annual interest rate for deposits with terms of 12 or 13 months. This rate is available for new savings accounts or those opened since January 1, 2018, that are automatically renewed, with a minimum balance requirement of 500 billion VND.

VPBank has also introduced higher online rates compared to in-branch deposits, with the highest rates available for terms ranging from 6 to 12 months. Customers depositing between 100 million VND and under 300 million VND can earn interest rates from 4.75% to 8.5% per annum. For deposits between 300 million VND and under 1 billion VND, rates range from 4.75% to 8.6% per annum, while those depositing between 1 billion VND and under 3 billion VND can access rates between 4.75% and 8.7% per annum.

Additionally, for deposits between 3 billion VND and under 10 billion VND, the interest rates range from 4.75% to 8.8% per annum. Notably, customers making online deposits of 50 billion VND or more can receive a maximum interest rate of up to 9% per annum for terms between 6 and 12 months.

Cake by VPBank is also noteworthy, offering a standard interest rate of 7.2% per annum for 6-month terms when interest is paid at maturity. For customers opting for interest payments at the beginning of the term, monthly, or quarterly, the rates are 6.78%, 7.02%, and 7.09% respectively. Moreover, Cake by VPBank is providing an additional 1.8% interest for first-time depositors using the CAKE BANK application, with deposits starting from 100,000 VND for terms of 6 to 12 months. This promotional rate can elevate the effective interest to as high as 9% for 6-month deposits and up to 9.2% for terms of 10 to 12 months.

At Nam A Bank, customers depositing 500 billion VND or more for a 24-month term can enjoy an interest rate of up to 8.3% per annum, which is among the highest available. For deposits of the same amount with a 36-month term, the interest rate is set at 8.1% per annum, subject to approval from the General Director.

Overall, these interest rates reflect a competitive banking environment in Vietnam, encouraging customers to explore various options for maximizing their savings. It is essential to note that interest rates are subject to change and may vary based on specific conditions. For the most accurate information, customers are advised to contact their nearest bank branch or hotline.