Six-Month Savings Interest Rates Reach Up to 9%
Savings interest rates for six-month terms in Vietnam have surged, with some banks offering rates as high as

On August 28, 2026, Sacombank made headlines by announcing an additional interest rate of 2% per annum for customers who open savings accounts named after Vietnamese football players. This promotion is part of a broader trend among banks in Vietnam to enhance their offerings during the National Day celebrations, which occur on September 2.
The announcement from Sacombank follows a significant increase in interest rates from various banks, particularly in light of the recent success of the Vietnamese national football team in the Southeast Asian Championship. As the team celebrated their victory, banks like Sacombank and others sought to capitalize on this national pride by offering attractive savings rates.
Hong Leong Bank Vietnam, for instance, recently raised its interest rates for online savings to 8.8% per annum for terms of 6 and 12 months, effective from August 18 to August 31, 2026. This competitive rate is aimed at individual customers and is part of their National Day promotion.
In addition to Sacombank's unique offer, other banks are also ramping up their promotions. For example, VPBank has introduced a special interest rate of 2.6% per annum for 26,000 savings accounts, reflecting the national football team's unbeaten streak of 26 matches. This offer is valid for just two days, August 27 and 28.
Moreover, the digital bank Vikki is providing a voucher program that enhances interest rates by 1.68% per annum on deposits starting from 5 million VND until October 31, 2026. These initiatives highlight a fierce competition among banks to attract deposits, especially during festive periods.
As the banking sector in Vietnam continues to evolve, customers are encouraged to explore these promotional offers and choose the best options that suit their financial needs. With various banks vying for attention, the landscape is becoming increasingly favorable for consumers looking to maximize their savings.