越南股市周报

VPBank adjusted its deposit rates, raising rates by 0.2 percentage points for 6-13 month terms but cutting the 36-month rate by 1.4 percentage points to 4.2-4.3% per year.

VCBNeo, a digital commercial bank, raised its online deposit rates by 0.5-0.8 percentage points, bringing the highest rate to 7.8% per annum for 12-60 month terms, making it one of the highest deposit rates in the market.

Sacombank proactively cut lending rates by 2% for import-export customers and launched preferential credit packages totaling 10,000-15,000 billion VND for priority sectors, households, and FDI enterprises, following the Prime Minister's directive.

VPBank adjusted its deposit rates, raising rates by 0.2 percentage points for 6-13 month terms but cutting the 36-month rate by 1.4 percentage points to 4.2-4.3% per year.

Vietnam's Ministry of Industry and Trade approved a 2026 feed-in tariff ceiling for gas-fired power plants at 3,410.64 VND/kWh, up about 11.1% from last year, which improves investment conditions but raises pressure on retail electricity prices.

SGI Capital warns that rising interest rates, with deposit rates reaching 9% and bank bond yields 10%, will pressure corporate profits and bank asset quality over coming quarters, while credit growth above 150% of GDP amplifies the burden.

Sacombank announced a 2% per year cut in lending rates for import-export customers, effective from August 13, 2026, following the Prime Minister's meeting with the banking sector, reducing its net interest margin from about 2.79% to 0.79%.

The State Bank of Vietnam directed commercial banks to launch preferential credit programs from August 2026 for SMEs and priority sectors, with lending rates at least 1 percentage point below each bank's average rate for the same tenor.

The State Bank of Vietnam has directed commercial banks to implement preferential credit programs from August 2026, offering loans at least 1% per year below their average lending rates to SMEs and priority sectors.

NCB announced a 0.5% per annum cut in lending rates for all retail and corporate customers, effective August 11, 2026, to support credit access and economic growth.