Recent forecasts indicate that bank deposit interest rates in Vietnam are expected to remain high, with many banks offering rates above 9% for terms over six months. This follows a trend of increased rates due to a tightening gap between credit growth and capital mobilization.
On August 13, 2026, bank interest rates in Vietnam saw a significant increase, reaching the highest levels in the market. VCBNeo led the surge with rates up to 7.8% per annum for longer terms.
In response to the State Bank of Vietnam's directive, several banks have announced reduced lending rates and launched a total of 220 trillion VND in preferential credit packages. The reductions range from 0.5 to 2 percentage points, aimed at supporting small and medium-sized enterprises.
The Investment and Development Bank of Vietnam (BIDV) has announced a significant support program for businesses and households in Hanoi as part of its '100-Day Digital Transformation' initiative. This program aims to facilitate digital transformation and provide financial solutions to enhance
Silver prices in Vietnam have weakened significantly, dropping by more than half a million VND per kilogram. This decline reflects broader trends in the precious metals market.
Gold prices continue to rise, narrowing the gap between domestic SJC gold and global gold prices to just over 4 million VND per tael. As of now, SJC gold is being bought at 141.1 million VND per tael and sold at 144.1 million VND per tael.
The S&P 500 index remained relatively unchanged as traders await a potential deal regarding the Strait of Hormuz, while Intel shares fell by 3%. The broader market reflects uncertainty amid geopolitical tensions and fluctuating oil prices.
This week, nearly 16 companies are set to distribute cash dividends, with the highest payout reaching 100%. Key dates and amounts have been announced for several firms.
On August 8, silver prices saw a significant increase, closing at $63.46 per ounce, marking a strong recovery after several weeks of volatility. This rise is attributed to weakening U.S. bond yields and a declining dollar, which have reduced the opportunity cost of holding non-yielding precious
Gold prices have seen a significant increase this week, surpassing $4,300 per ounce. As the market looks ahead, upcoming U.S. economic data is expected to influence trends in the coming week.
Gold prices have surged over 1% as they approach the $4,300 per ounce mark, marking the strongest weekly increase since the beginning of 2026. This rise comes as investors await key U.S. employment data.
Freddie Mac has reported that the average 30-year mortgage rate has risen to 6.69% this week, up from 6.66% last week. This marks an increase from 6.63% during the same week last year, indicating a continuing trend in rising mortgage rates.