According to Vietnam.vn, Vietnam’s interbank interest rates declined across all monitored short-term tenors on August 12, signaling a cooling of the market after a prolonged period of high borrowing costs. The Vietnamese Dong (VND) overnight rate fell to 4.5 percent per annum, while the one-week rate settled at 5.2 percent.
The Market Research Association of Vietnam reported that the average interbank lending rate for the Vietnamese Dong decreased across all short-term tenors monitored on August 12, compared to the previous trading session. Specifically, the one-week tenor was recorded at 5.2 percent, the two-week tenor at 5.8 percent, and the one-month tenor at 6.5 percent.
This downward trend marks a significant shift in the VND interbank market, which had maintained elevated interest rates for an extended period prior to this adjustment. The continuous moderation in rates suggests a gradual easing of liquidity constraints within the domestic banking system, providing a more stable environment for short-term corporate funding and financial planning.
US Dollar Rates Show Minor Adjustments
Interest rates for the US Dollar (USD) experienced far less volatility compared to the Vietnamese Dong. The average interbank lending rate for the USD decreased by only 0.02 percentage points in both the overnight and one-month tenors, while the one-week and two-week tenors remained unchanged from the previous session.
At the close of trading, the USD overnight interbank rate stood at 3.65 percent per annum. The one-week tenor was recorded at 3.71 percent, the two-week tenor at 3.75 percent, and the one-month tenor at 3.81 percent. These figures indicate that the USD liquidity in the Vietnamese interbank market remained relatively stable, with only marginal corrections in the short-term borrowing costs.
SCIC Doubles Capital to 50 Trillion Dong
In a major corporate development, the State Capital Investment Corporation (SCIC) has increased its charter capital from 19 trillion Vietnamese Dong to 50 trillion Vietnamese Dong. This update was registered in the National Enterprise Registration Portal, confirming that the entire 50 trillion Vietnamese Dong charter capital belongs to the State, sourced from the state budget, and contributed in Vietnamese Dong.
The adjustment represents an increase of 31 trillion Vietnamese Dong, which corresponds to a growth of more than 163 percent compared to the previous capital level. This substantial capital injection strengthens the financial foundation of the state-owned investment entity, enhancing its capacity to manage state capital investments across various sectors of the Vietnamese economy.
According to financial reports, in the first half of 2026, SCIC recorded net revenue of nearly 5.1 billion Vietnamese Dong, which was an increase of approximately 10 percent compared to the same period in the previous year. Financial operating revenue reached 4,415 billion Vietnamese Dong, a decrease of 24 percent year-on-year. Despite this decline in operating revenue, net profit after tax achieved 7,650 billion Vietnamese Dong, showing an increase compared to the same period.
Health Ministry Probes Health Checkups
The Ho Chi Minh City Department of Health has issued directives to healthcare facilities to strictly adhere to regulations concerning the national health checkup program. Authorities have noted inconsistencies in prescription practices, with some facilities adding unauthorized tests and services beyond the standard package, which increases costs for citizens.
The department has requested that all healthcare facilities strictly follow the prescribed list of examinations and prohibit the arbitrary addition of tests or services outside the package to charge citizens extra fees under any guise. Furthermore, facilities are absolutely forbidden from integrating promotional activities, service introductions, or commercial communications into the health checkup process.
The directive emphasizes that medical staff must implement the correct list of examinations as regulated, ensuring that the program maintains its integrity and public trust. Health department directors are instructed to strengthen supervision and promptly correct any violations, ensuring the program is implemented uniformly and in accordance with its original objectives.
Digital Skills Training Launches in Binh Loi
The Standing Committee of the Vietnam Fatherland Front Committee in Ho Chi Minh City launched a digital skills popularization program in 2026, piloted in Binh Loi commune. This inaugural class marks the beginning of a series of 16 classes scheduled to be implemented across the city in August and September 2026.
The training session, which took place on August 13 and 14, 2026, was attended by approximately 100 students. The program aims to enhance digital literacy among the local population, providing essential skills for navigating the digital economy and accessing online government services.
Source: vietnam.vn
Compiled from international media by the SCI.AI editorial team.