MSB

VPBank (VPB) reduced deposit interest rates by 0.3%-0.5% for 6-36 month terms online, following a State Bank of Vietnam directive that prompted 30 domestic commercial banks to cut rates by 0.05% to 1% annually. This coordinated easing aims to lower funding costs and support credit growth, with state-owned BIDV implementing the deepest cuts of 0.8%-0.9%.

The State Bank of Vietnam (SBV) net withdrew VND 71,563 billion from the banking system via open market operations (OMO) in the week of April 13-17, 2026, while 30 commercial banks including VPBank (VPB) cut deposit rates by 0.1-0.5 percentage points. This coordinated action, following an SBV meeting, signals a deliberate easing of funding costs and system liquidity, potentially supporting bank net interest margins as pressure from the USD/VND exchange rate subsides.

The VN-Index rose over 19 points to close near 1,820, led by Vingroup stocks hitting new all-time highs, while foreign investors were net sellers of over VND 1,100 billion.

Vietcombank (VCB) cut its 24-month deposit rate by 0.5% to ~6% annually, part of a coordinated reduction by 29 commercial banks after the State Bank Governor's April 9 meeting. BIDV implemented the deepest cuts at 0.8-0.9% across terms, while joint-stock banks like VPBank and Techcombank followed with 0.3-0.5% reductions.

MSB is restructuring senior leadership with the proposed addition of Nguyễn Hương Loan to the Board of Directors and the appointment of Nguyễn Hà Thanh as Deputy CEO, alongside the resignations of two senior executives. These changes, to be ratified at the AGM on April 24, aim to strengthen governance and support the bank's strategic transformation and digitalization goals for 2025-2029.

MSB announced a senior leadership reshuffle, with Nguyễn Hương Loan proposed as a new board member and Nguyễn Hà Thanh appointed Deputy CEO, while Trần Xuân Quảng and Nguyễn Phi Hùng step down from executive roles. The changes aim to strengthen governance and operational capacity to support the bank's 2025-2029 strategic development phase.

The State Bank of Vietnam reports over 20 commercial banks, including ACB, have cut deposit rates by 0.1-0.5% p.a. following a directive meeting on April 9, 2026.

Over 20 Vietnamese commercial banks, led by major state-owned and private institutions, have simultaneously reduced deposit rates by up to 0.5% per annum, following a directive from the State Bank of Vietnam (SBV) on April 9. This coordinated move is expected to pave the way for a broader reduction in lending rates, with early movers like Agribank and Nam A Bank already cutting loan rates by 0.5-3.0% to support economic recovery.

Multiple Vietnamese banks, including LPBank (LPB) with a 30% cash dividend and VPBank (VPB) with over 31% total payout, are announcing high 2026 dividend distributions during the annual shareholder meeting season. This wave of payouts, commonly between 20-30%, reflects sustained sector profitability and a strategic balance between rewarding shareholders and retaining capital for expansion.

The Vietnamese banking sector, after experiencing its weakest period in three years, shows signs of recovery with recent stock gains and a positive 2026 growth outlook. Analysts project double-digit profit growth for the sector, which is expected to support the overall market, despite recent increases in interbank rates.

MSB (Vietnam Maritime Commercial Joint Stock Bank) has partnered with SAPO Technology JSC to launch a comprehensive digital ecosystem for Vietnamese small businesses and household enterprises. This collaboration aims to digitalize financial management and provide access to financing based on real-time business data, enhancing transparency and operational efficiency.