For a 12-month term, PGBank offers the most competitive interest rate at 7.2% per annum. Following closely are OCB and VIKKI Bank at 6.6%, Bac A Bank at 6.55%, VIB at 6.5%, and BVBank, VCBNEO, and VPBank at 6.2%. PVCombank rounds out the list with a rate of 6.1%.
For a 6-month term, PGBank again leads with the highest rate at 7.1%. VIKKI Bank follows at 6.6%, OCB at 6.3%, and BVBank, VCBNEO, and VPBank at 6.2%. LPBank offers 6.1%, while Bao Viet Bank provides 5.85%.
For a 1-month term, several banks offer a rate of 4.75%, including BVBank, OCB, PGBank, PVCombank, Sacombank, Techcombank, TPBank, VCBNEO, VIB, and VPBank. Other notable rates include VIKKI Bank at 4.7%, MBV at 4.6%, and LPBank and MB at 4.5%.
State-owned commercial banks (Big4) have also raised their deposit rates. VietinBank, in particular, has made two adjustments.
Which bank offers the best savings interest rates in early January 2026? (Illustrative image)
According to the new rate schedule, VietinBank offers 3% for 1-2 month terms, 3.4% for 3-5 months, 4.5% for 6-11 months, 5.2% for 12 months, and 5.3% for 13-36 months.
VietinBank’s over-the-counter rates remain unchanged. Current rates are 2.1% for 1-2 months, 2.4% for 3-5 months, 3.5% for 6-11 months, 5.2% for 12-18 months, and 5.3% for 24-36 months. Thus, over-the-counter and online rates are now equal for terms of 12-36 months.
Among the Big4, VietinBank’s rates for 1-2 month and 13-36 month terms now match those of BIDV and Agribank, and exceed Vietcombank’s rates for the same periods. Agribank maintains slightly higher rates for certain terms, such as 3 months, 6 months, and 12 months.
However, the listed rates are only the base rates. Many banks offer additional interest for depositors. For example, NCB is adding up to 2% until the end of January 2026, bringing its highest rate to 8.3% for specific terms and deposit amounts.
Thirty-one banks have increased their 6-month deposit rates over the past year. PGBank leads with a 2.1% increase.
Other banks with significant increases include Agribank (1.4%), Bac A Bank (1.35%), Techcombank and PVCombank (1.3%), VPBank, VietinBank, and BIDV (1.2%), and ACB and LPBank (1%).
Silver Price Update January 8: Reverses Course, Drops
Today’s silver prices in both domestic and global markets have dipped, following a significant surge in the previous session.
Bank Profits Surge in 2026: MB and HDBank Achieve the Golden Trio of Ratios
MBS anticipates that six banks—MB, HDBank, VPBank, VietinBank, VIB, and ACB—will achieve profit growth exceeding 25% by 2026. Among these, MB and HDBank are projected to lead with a superior combination of growth rates and operational efficiency.
TCBS Launches 15-Month Bond Issuance
On December 25, 2025, TCBS issued a VND 500 billion bond under the code TCX12504, with a 15-month maturity.
Bank Boosts 6-Month Savings Interest Rate to Over 7% Annually
The savings interest rate race is heating up as a leading bank has just pushed its 6-month term deposit rate past the 7% per annum mark.
MBS Unveils Surprising VN-Index Forecast for 2026
Our team of analysts has revised their outlook for the VN-Index, lowering expectations from the 1,860-point range in the first half of the year to a projected 1,670–1,750 by the end of 2026.
