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%.
Foreign investors were net sellers of approximately 421 billion VND (~$16.84 million) on the session, with proprietary trading by securities companies also showing significant net selling in specific stocks like FUEVFVND and HPG.
The State Bank of Vietnam signals monetary easing, prompting 29 commercial banks including Vietcombank (VCB), BIDV, and VietinBank to cut deposit rates. This shift is expected to improve liquidity and rapidly change investor psychology in the real estate market from defensive to ready-to-disburse, with mortgage rates potentially staying below 10% annually through year-end.
Foreign investors were net sellers of 639 billion VND (~$25.56 million) on the Vietnamese stock market, with net buying in Retail and IT sectors and net selling in Banking. Proprietary trading desks were net buyers of over 1 trillion VND.
On April 20, proprietary trading desks of securities firms made a surprise net purchase of 1 trillion VND on HOSE, the highest in a month, focusing on large caps like VHM and MSN, while foreign investors maintained a modest net buy of 228 billion VND but were net sellers of 639 billion VND including block trades.
Securities company proprietary trading desks were net buyers of VND 1.068 trillion on HoSE, with VHM being the top net buy, while foreign investors returned to net selling VND 629 billion across the market.
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.
TPBank (TPB) now offers a mortgage rate as low as 9.8% fixed for the first six months, while HDBank (HDB) offers 9.1% fixed for 12 months, following a coordinated sector-wide rate cut after a meeting with the State Bank of Vietnam. This policy-driven easing aims to stimulate credit demand in the real estate sector, potentially boosting loan growth for these banks.
Eximbank (EXB) has halted its automatic transaction-splitting feature for interbank transfers over 500 million VND, effective April 21, forcing large transfers to use the slower standard processing channel. VPBank (VPB) and TPBank (TPB) issued similar notices earlier this month, citing compliance with a new State Bank of Vietnam (SBV) regulation that caps fast electronic clearing at 500 million VND.
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.
Vietcombank (VCB) seeks shareholder approval to establish a wholly-owned commercial bank in Vietnam's International Financial Centre with VND 3,000B charter capital, joining HDBank (HDB) and Nam A Bank (NAB) in a strategic race. This move aims to capture cross-border financial flows and expand ecosystem services, positioning these banks for higher-margin international business as the centre develops in Ho Chi Minh City.
Vietnam's State Bank maintains interest rate stability amid liquidity pressures, with commercial banks reducing rates cautiously rather than easing further.
TPBank has become the first bank in Vietnam to receive the prestigious International Customer Experience Standard 2019 (ICXS2019) certificate from BSI, achieving the highest 'International Excellence' rating. This recognition highlights the bank's successful comprehensive transformation and customer-centric operational approach.
TPBank has become the first Vietnamese bank to achieve the ICXS2019 international customer experience certification with a high score of 93.63%, reflecting its comprehensive efforts in optimizing customer service. This achievement underscores TPBank's commitment to customer-centric operations and future technology investments to enhance user experience.
The Vietnamese stock market recorded its lowest liquidity in 10 months, with total transaction value significantly down and foreign investors continuing net selling. Despite this, the VN-Index saw a slight recovery, and analysts view the low liquidity as a potential sign of 'supply exhaustion' leading to a market rebound.
所有信息仅供参考，不构成投资建议。过往表现不代表未来收益。数据来源于越南公开市场信息。
最后更新: 2026-04-21T15:45:08Z.