Loading article…
Vietnam’s deposit market hits a new high of 10.82 trillion VND as households pour money into banks, with 9.4 trillion VND accumulated over the past decade. See
Vietnam’s household and corporate deposits surged to a record 10.82 trillion VND by end‑May 2026, adding 108 billion VND from April and marking a 4.76 % rise from the end of 2025 — the biggest total in the past ten years, where 9.4 trillion VND flowed into 27 banks [1][5].
| At a glance | |
|---|---|
| Total household deposits | 10.82 trillion VND (end‑May 2026) |
| Growth vs. end‑2025 | +4.76 % |
| Monthly increase Apr‑May | +108 billion VND |
| Corporate deposits | 6.16 trillion VND (down 0.2 % YoY) |
The latest figures from the State Bank of Vietnam show household deposits climbing from 10.56 trillion VND at end‑March 2026 to 10.82 trillion VND at end‑May 2026, a rise of 2.5 % in two months and 4.76 % year‑on‑year [5]. Corporate and institutional deposits sit at 6.16 trillion VND, marginally higher than the previous month but still 0.2 % below the end‑2025 level [5]. The cumulative inflow of 9.4 trillion VND into 27 banks over the past decade underscores a sustained shift toward bank‑based savings, driven by stable yields and high liquidity [1].
Banks have been competing for these funds by raising savings rates, with many offering 7‑9 % per annum on deposits of modest size [3][5]. The surge in rates began in late 2025 and peaked in early 2026, prompting a wave of new deposits. However, the State Bank’s directive in early April 2026 to temper rate hikes led to a modest pull‑back in offered yields, reflected in a slowdown of deposit growth thereafter [5]. While the data confirm the overall inflow, the sources do not identify a single bank that captured the largest share of the 9.4 trillion VND flow, leaving the top‑deposit holder unclear.
The record‑high deposit totals highlight continued confidence in Vietnam’s banking system despite global volatility, but the lack of clarity on the leading bank suggests that competition remains intense and fluid.
Coverage is mostly measured — 177 of 198 reports stay neutral.
Every Monday — the token unlocks, Fed dates & catalysts set to move crypto and markets this week. So you’re never blindsided.
Free · 3-min read · one-click unsubscribe
AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 5 outlets · Jul 30, 2026 · How we report
RCBC focused on building a banking ecosystem that supports customers through various life stages, deploying platforms that improve access in rural areas, integrate government benefits, and facilitate international payments, emphasizing tangible customer impact over pure technology.
Common fees include monthly maintenance fees, paper statement fees, wire transfer fees, out‑of‑network and foreign ATM fees, foreign transaction fees, overdraft fees, and fees for returned items or certain checks.
Opening a checking account usually requires a full name, proof of residency, date of birth, Social Security number, a government‑issued photo ID, and an initial deposit.