CTG

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.

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.

Vietnam's leadership emphasizes comprehensive national planning reforms focusing on energy infrastructure and sustainable development.

The article recaps the positive performance of the Vietnamese stock market for the week of April 6-10, 2026, highlighting that the VN-Index rose nearly 4% to 1,750 points, driven primarily by large-cap stocks like VIC and the banking group.

Vietcombank announced a 0.5% reduction in its highest deposit interest rate to 6% starting April 13, 2026, following a coordinated effort with the State Bank of Vietnam and 46 commercial banks. This move aims to optimize banks' capital costs and create room for lowering lending rates to support economic growth.

On April 10th, the Vietnamese stock market maintained its positive momentum with VN-Index increasing over 17 points, led by strong performance in the energy, finance, and real estate sectors. Foreign investors were net buyers, focusing on TCB and HPG, while the information technology and some healthcare stocks saw declines.

The State Bank of Vietnam (SBV) directed commercial banks to commit to immediately reducing both deposit and lending interest rates to support businesses and the economy. This policy aims to stabilize the macro-economy amidst international volatility and domestic inflation pressures, while the SBV maintains its own policy rates.