Bank Interest Rates Update: New 9% Rate for 6-Month Deposits
As of July 27, 2026, several banks in Vietnam are offering attractive interest rates for savings accounts. Notably, a new rate of 9% per annum is available for deposits with a term of six months.
Record Bank Deposits Exceed 10.82 Quadrillion VND Amid High Interest Rates
Vietnam's bank deposits have reached a record high of over 10.82 quadrillion VND as of May 2026, driven by sustained high interest rates. This marks a significant increase from previous months, reflecting strong public confidence in the banking system.
Walmart's Stock Decline Challenges Private-Label Growth Strategy
Walmart's stock fell 4.2% this week, raising questions about its private-label growth strategy. Despite a slight recovery on Friday, the company's valuation remains significantly higher than its competitors.
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 9% per year. Depositors can earn up to 45 million VND in interest on a deposit of 1 billion VND after six months.
Vietnamese Stock Market Approaches 1,700 Points
The Vietnamese stock market is nearing the psychological threshold of 1,700 points, driven by strong demand from the real estate and securities sectors. The VN-Index saw its most significant increase in a month, closing at 1,699.4 points.
Nasdaq Volatility Index Highlights Divergence with VIX
The Nasdaq 100 Volatility Index (VXN) recently closed at 26.91, significantly higher than the CBOE Volatility Index (VIX), which was near 15. This notable spread of 11.8 points raises questions about market conditions and investment strategies focused on Nasdaq exposure.
Nguyen Duy Hung: Stock Prices Have Become Attractive
Nguyen Duy Hung, Chairman of SSI Securities Corporation, has commented on the current state of stock prices in Vietnam, stating that many have reached attractive levels for value investors. This statement comes after a significant decline in the Vietnamese stock market.
PNJ Prepares Financial Resources Amid Rising Diamond Buyback Demand
Phu Nhuan Jewelry (PNJ) has reported a significant surge in diamond buyback demand, with buyback sales exceeding five times that of sales. Despite the pressure on cash flow, PNJ has allocated thousands of billions of Vietnamese dong to meet customer needs.
Average Lending Rate Rises to 10.5% Per Annum
The average lending rate in Vietnam has increased to 10.5% per annum, marking a significant adjustment by banks. This rise reflects the ongoing changes in the banking sector as institutions adapt to economic conditions.
Over $12 Billion Lost in Vietnam's Stock Market Crash
Vietnam's stock market faced a significant downturn, losing nearly 310 trillion VND (approximately $12 billion) in market capitalization in just one trading session. The VN-Index dropped by 3.6%, marking the steepest decline since the beginning of 2026.
Foreign Investors Sell Nearly 2 Trillion VND Amid VN-Index Drop
Foreign investors sold a net amount of nearly 2 trillion VND as the VN-Index plummeted by 62 points, closing at 1,668 points. This significant sell-off affected several major stocks, with SSI leading the losses.
VN-Index Falls Below 1,700 Points Amidst Selling Pressure
The VN-Index has officially dropped below the 1,700-point mark, hitting its lowest level in nearly four months due to widespread selling. Investor sentiment has turned cautious, leading to significant sell-offs as the market grapples with ongoing pressure.
