1. Deposit Interest Rates:
For Vietnamese Dong (VND) deposits, the average interest rates offered by domestic commercial banks in March 2025 were as follows:
- Demand Deposits and Terms Under 1 Month: A low range of 0.1-0.2% per year.
- 1 Month to Less Than 6 Months: Ranging from 3.1-4.0% per year.
- 6 Months to 12 Months: Averaging between 4.5-5.4% per year.
- Over 12 Months to 24 Months: Offered at 4.8-6.0% per year.
- Over 24 Months: Providing the highest average return of 6.9-7.1% per year.
In contrast, the interest rate for United States Dollar (USD) deposits at credit institutions remained at a notably low 0% per year for both individual and organizational clients.
2. Lending Interest Rates:
- VND Lending: The average lending interest rate for both new and existing loans with outstanding debt stood at 6.6-9.0% per year. Notably, the average short-term lending interest rate in VND for priority sectors was approximately 3.9% per year, falling below the State Bank of Vietnam's (SBV) prescribed maximum rate of 4% per year for such loans. This suggests efforts to support key economic areas with more affordable credit.
- USD Lending: The average lending interest rate for USD loans, encompassing both new and existing debts, was reported at 4.2-5.0% per year.
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