The real interest rate in Vietnam increased by 3.5 percentage points (+91.86 percent) in 2023 in comparison to the previous year. This was a significant increase in the real interest rate. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.Find more statistics on other topics about Vietnam with key insights such as domestic credit to the private sector as a share of GDP, deposit interest rate, and number of automated teller machines (ATMs).

Key information about Vietnam Short Term Interest Rate

• Vietnam Short Term Interest Rate: Month End: VNIBOR: 3 Months was reported at 5.50 % pa in Feb 2025, compared with 5.35 % pa in the previous month.
• Vietnam Short Term Interest Rate data is updated monthly, available from Jul 2004 to Feb 2025.
• The data reached an all-time high of 16.58 % pa in Aug 2008 and a record low of 1.11 % pa in Jan 2021.
• Short Term Interest Rate is reported by reported by State Bank of Vietnam.
• The cash rate (Policy Rate: Month End: Discount Rate) was set at 3.00 % pa in Feb 2025.
• Vietnam Exchange Rate against USD averaged 23,725.88 (USD/VND) in Jun 2023.

Deposit Interest Rate in Vietnam increased to 4.78 percent in 2023 from 3.82 percent in 2022. This dataset includes a chart with historical data for Deposit Interest Rate in Vietnam.

In 2023, the average interest rate for deposits above 24 months in Vietnamese dong was approximately 7.11 percent. The interest rate for demand deposits in Vietnam reached 0.34 percent in the same year. All deposit interest rates experienced an increase from the previous year.

Vietnam VN: Deposit Interest Rate data was reported at 4.780 % pa in 2017. This records a decrease from the previous number of 4.800 % pa for 2016. Vietnam VN: Deposit Interest Rate data is updated yearly, averaging 7.259 % pa from Dec 1993 (Median) to 2017, with 22 observations. The data reached an all-time high of 22.040 % pa in 1993 and a record low of 3.653 % pa in 2000. Vietnam VN: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Interest Rates. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Vietnam VN: Lending Interest Rate data was reported at 7.400 % pa in 2017. This records an increase from the previous number of 6.960 % pa for 2016. Vietnam VN: Lending Interest Rate data is updated yearly, averaging 11.025 % pa from Dec 1993 (Median) to 2017, with 23 observations. The data reached an all-time high of 32.182 % pa in 1993 and a record low of 6.960 % pa in 2016. Vietnam VN: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Key information about Vietnam Policy Rate

• Vietnam cash rate (Policy Rate: Month End: Discount Rate) was set at 3.00 % pa in Feb 2025, compared with 3.00 % pa in the previous Jan 2025.
• Vietnam Policy Rate averaged 4.50 % pa and is updated monthly, available from Aug 2003 to Feb 2025.
• The data reached an all-time high of 13.00 % pa in Feb 2012 and a record low of 2.50 % pa in Aug 2022.

• In the latest reports, Vietnam Short Term Interest Rate: Month End: VNIBOR: 3 Months was reported at 5.35 % pa in Jan 2025.
• Vietnam Exchange Rate against USD averaged 23,725.88 (USD/VND) in Jun 2023.

The deposit interest rate in Vietnam increased by one percentage points (+26.18 percent) compared to the previous year. In total, the deposit interest rate amounted to 4.78 percent in 2023. A deposit interest rate is the percentage of profit someone earns on their money in an interest-bearing account with a financial institution. Essentially, it is the money that banks, and credit unions pay someone for keeping their money in their institutions.Find more statistics on other topics about Vietnam with key insights such as number of automated teller machines (ATMs), broad money as a percentage of GDP, and domestic credit to the private sector as a share of GDP.

In 2023, the average interest rate for above medium and long-term loans in Vietnamese dong was at 9.3 percent. By comparison, the interest rate for short-term loans in U.S. dollars in Vietnam reached 5.34 percent in the same year. Overall, loan interest rates across both currencies increased from the previous year.

Deposit interest rate (%) in Vietnam was reported at 4.781 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Deposit interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Vietnam VN: Real Interest Rate data was reported at 3.145 % pa in 2017. This records a decrease from the previous number of 5.785 % pa for 2016. Vietnam VN: Real Interest Rate data is updated yearly, averaging 4.167 % pa from Dec 1993 (Median) to 2017, with 23 observations. The data reached an all-time high of 12.577 % pa in 1993 and a record low of -6.553 % pa in 2005. Vietnam VN: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Interbank Rate in Vietnam increased to 4.69 percent on Wednesday March 26 from 4.63 in the previous day. This dataset provides - Vietnam Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam VN: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data was reported at 3.300 % pa in 2013. This records a decrease from the previous number of 4.655 % pa for 2012. Vietnam VN: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data is updated yearly, averaging 3.853 % pa from Dec 1993 (Median) to 2013, with 18 observations. The data reached an all-time high of 7.027 % pa in 2007 and a record low of 1.990 % pa in 2010. Vietnam VN: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Interest Rates. Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the 'risk free' treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics database.; ;

La tasa de interés de referencia en Vietnam fue registrada por última vez en 4.50 por ciento. Los valores actuales, los datos históricos, las previsiones, estadísticas, gráficas y calendario económico - Vietnam - Tasa de Interés.

Vietnam Open Market Operation: Bid: Interest Rate: Lowest data was reported at 5.000 % in 2017. This stayed constant from the previous number of 5.000 % for 2016. Vietnam Open Market Operation: Bid: Interest Rate: Lowest data is updated yearly, averaging 5.000 % from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 7.000 % in 2012 and a record low of 5.000 % in 2017. Vietnam Open Market Operation: Bid: Interest Rate: Lowest data remains active status in CEIC and is reported by State Bank of Vietnam. The data is categorized under Global Database’s Vietnam – Table VN.Z004: Open Market Operation.

Market Overview:

Vietnam risk management market size is projected to exhibit a growth rate (CAGR) of 17.00% during 2024-2032. The growing complexity and interconnectedness of the business landscape, increasing occurrence of cybersecurity breaches, and rising prominence of environmental, social, and governance (ESG) considerations represent some of the key factors driving the market represent some of the key factors driving the market.

Risk management enables identifying, assessing, prioritizing, and addressing uncertainties or risks that an organization may face in the pursuit of its objectives. It manages financial risks, which are associated with alterations in currency exchange rates, interest rates, commodity prices, and market volatility. It also consists of operation risk management, wherein risks arising from internal processes, systems, human errors, supply chain disruptions, technology failures, and fraud are managed. It includes compliance risk management, which handles risks associated with non-compliance with laws, regulations, and industry standards, leading to legal and reputational issues. It involves recognizing and cataloging potential risks that an organization may face. It can be done through brainstorming, historical data analysis, and scenario planning. It conducts risk assessment, wherein risks are assessed as per their probability and potential impact. It facilitates the development and implementation of strategies to lower the likelihood and impact of risks. It helps safeguard the assets, reputation, and financial stability of an organization, reducing the likelihood of major financial losses. It informs strategic decisions, allowing organizations to seize opportunities and avoid potential pitfalls. Risk management enhances the ability of an organization to withstand and recover from unforeseen events, ensuring business continuity. It also leads to better resource allocation, improved project selection, and higher returns on investments.

Vietnam Risk Management Market Trends:

At present, the increasing complexity and interconnectedness of the business landscape and the proliferation of data represent one of the crucial factors impelling the growth of the market in Vietnam. Organizations are also recognizing the imperative of identifying, assessing, and mitigating risks that span across various dimensions, such as operational, financial, cybersecurity, and compliance, to safeguard their operations and reputation. Besides this, the rising frequency and severity of unforeseen events, such as natural disasters, geopolitical uncertainties, and public health crises, is driving the adoption of risk management strategies in the public and private sectors. In addition, the growing advancements in technology, including artificial intelligence (AI), machine learning (ML), and big data analytics for enhanced risk assessment and predictive modeling and enabling organizations to proactively identify emerging risks and optimize their decision-making processes are offering a favorable market outlook in the country. Apart from this, the increasing prominence of environmental, social, and governance (ESG) considerations is encouraging businesses to invest in ESG risk assessment tools and reporting mechanisms to meet the evolving demands of responsible investing. Additionally, the rising occurrence of cybersecurity breaches to steal various confidential information is bolstering the market growth. Moreover, the shifting nature of work and business operations, exemplified by the widespread adoption of remote and hybrid work models, is necessitating the development of strategies to manage the complications associated with remote work, data security, and employee well-being.

Vietnam Risk Management Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, deployment mode, enterprise size, and industry vertical.

Component Insights:

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• Software
• Service
  

The report has provided a detailed breakup and analysis of the market based on the component. This includes software and service.

Deployment Mode Insights:

• On-Premises
• Cloud-based
  

A detailed breakup and analysis of the market based on the deployment mode have also been provided in the report. This includes on-premises and cloud-based.

Enterprise Size Insights:

• Large Enterprises
• Small and Medium-sized Enterprises
  

The report has provided a detailed breakup and analysis of the market based on the enterprise size. This includes large enterprises and small and medium-sized enterprises.

Industry Vertical Insights:

• BFSI
• IT and Telecom
• Retail
• Healthcare
• Energy and Utilities
• Manufacturing
• Government and Defense
• Others
  

A detailed breakup and analysis of the market based on the industry vertical have also been provided in the report. This includes BFSI, IT and telecom, retail, healthcare, energy and utilities, manufacturing, government and defense, and others.

Regional Insights:

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• Northern Vietnam
• Central Vietnam
• Southern Vietnam
  

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Risk Management Market Report Coverage:

Vietnam Open Market Operation: Ask: Interest Rate: Lowest data was reported at 0.280 % in 2017. This records a decrease from the previous number of 0.300 % for 2016. Vietnam Open Market Operation: Ask: Interest Rate: Lowest data is updated yearly, averaging 1.780 % from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 3.480 % in 2012 and a record low of 0.280 % in 2017. Vietnam Open Market Operation: Ask: Interest Rate: Lowest data remains active status in CEIC and is reported by State Bank of Vietnam. The data is categorized under Global Database’s Vietnam – Table VN.Z004: Open Market Operation.

In 2023, the average inflation rate in Vietnam amounted to 3.25 percent compared to the previous year. After a severe drop below one percent in 2015, Vietnam’s inflation seems to have stabilized again and is expected to level off at around 3.4 percent in the next few years.

Vietnam’s economic struggles

Around 2012, Vietnam suffered the consequences of the global economic crisis and domestic economic mismanagement, which saw enterprises going bankrupt, inflation peaking at over nine percent, and gross domestic product slumping to a dramatic low. Fortunately, the country recovered quickly and seemed out of the red and on a stable path by 2016.

Rich in rice

Vietnam’s economy is largely rooted in services and industry, but around 16 percent of it is generated by agriculture, mainly rice cultivation. Almost half of the Vietnamese workforce is active in this sector. Vietnam is, in fact, one of the largest exporters of rice in the world, but also one of the main consumers. Paddy production in Vietnam has decreased a bit in the last few years, but overall, the country’s economy is perceived to improving.

In 2022, the domestic credit to the private sector as a share of GDP in Vietnam remained nearly unchanged at around 125.91 percent. Nevertheless, 2022 still represents a peak in the share in Vietnam with 125.91 percent. Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations that establish a claim for repayment. Examples include financial resources provided through loans, purchases of nonequity securities, trade credits, and other accounts receivable.Find more statistics on other topics about Vietnam with key insights such as number of automated teller machines (ATMs), real interest rate, and deposit interest rate.

Vietnam 10Y Bond Yield was 3.08 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. Vietnam 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on March of 2025.