The State Bank of Vietnam has announced that the amount of money deposited by citizens into banks has reached a record high, continuing a trend of growth for seven consecutive months. As of April, deposits from the residential sector increased by an additional 157 trillion VND, bringing the total to over 10.718 trillion VND.

This increase represents a 3.71% rise compared to the end of 2025, equating to an additional 383 trillion VND. Meanwhile, deposits from economic organizations also saw an increase of 60 trillion VND in April, totaling over 6.074 trillion VND. However, this figure still reflects a decline of 1.71% compared to the end of 2025.

In contrast, deposits from businesses have decreased by 106 trillion VND since the end of last year. The total means of payment has risen by 1.92%, now reaching 19.818 trillion VND, with an increase of 374 trillion VND compared to the previous year.

Furthermore, the State Bank reported that credit outstanding for the economy reached 19.447 trillion VND by the end of April, marking an increase of 4.59% compared to 2025. Notably, sectors such as transportation and telecommunications saw a growth of 7.66%, while industry and construction experienced increases of 6.76% and 5.35%, respectively.

After a significant rise in March, interest rates on savings have shown a slight downward trend in April, decreasing by 0.1% to 0.5% per annum across various terms. At the beginning of April, the State Bank convened a meeting urging commercial banks to lower deposit interest rates to facilitate a decrease in lending rates, thereby supporting borrowers. Currently, the effective deposit interest rates, including preferential programs, have risen to around 8% to 9% per annum for terms of 6 to 12 months, an increase of approximately 1% to 2% compared to the end of 2025.