# Vietnam banks attract 9.4 trillion VND in deposits over 10 years

**Published:** 2026-07-30T07:41:02.159Z  
**Topic:** Banking  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/a9767425-1d68-447f-b2a5-2571af0d19b0

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) |

## Record‑setting deposit growth

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].

## Competitive landscape and interest‑rate dynamics

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.

## What to watch
- **State Bank policy meetings** – any further guidance on deposit‑rate ceilings could reshape the competitive race.
- **Next quarterly deposit report** – a release expected in August 2026 will reveal whether the upward trend sustains.
- **Corporate deposit trends** – a continued decline could signal shifting financing needs for businesses.

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.

## Sources
1. CafeF — [Có nên mua chứng chỉ tiền gửi vì lãi suất cao?](https://cafef.vn/co-nen-mua-chung-chi-tien-gui-vi-lai-suat-cao-188260726082656168.chn)
2. Baomoi — [Lý do tiền người dân gửi ngân hàng lập kỷ lục gần 11 triệu tỷ ...](https://baomoi.com/ly-do-tien-nguoi-dan-gui-ngan-hang-lap-ky-luc-gan-11-trieu-ty-dong-c55724576.epi)
3. Dantri — [Kỷ lục mới: Người dân gửi hơn 10,5 triệu tỷ đồng vào hệ thống ...](https://dantri.com.vn/kinh-doanh/ky-luc-moi-nguoi-dan-gui-hon-105-trieu-ty-dong-vao-he-thong-ngan-hang-20260613160226950.htm)
4. Vietnamnet — [Tiền gửi dân cư lập kỷ lục mới, vượt 10,38 triệu tỷ đồng](https://vietnamnet.vn/tien-gui-dan-cu-lap-ky-luc-moi-vuot-10-38-trieu-ty-dong-2519119.html)
5. Dantri — [Người dân chuộng gửi ngân hàng, dòng tiền nhàn rỗi xác lập kỷ ...](https://dantri.com.vn/kinh-doanh/nguoi-dan-chuong-gui-ngan-hang-dong-tien-nhan-roi-xac-lap-ky-luc-moi-20260727001734581.htm)

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Cite as: TrendWatcher, "Vietnam banks attract 9.4 trillion VND in deposits over 10 years", https://www.trendwatcher.in/article/a9767425-1d68-447f-b2a5-2571af0d19b0