Hanoi, March 31 -- The State Bank of Vietnam (SBV) has ordered credit institutions, foreign bank branches, and regional SBV offices to adopt concerted measures to stabilise interest rates, contributing to inflation control, macroeconomic stability, and economic growth.

Accordingly, credit institutions must strictly follow the SBV Governor's directive issued on January 9, 2026, which sets the banking sector's key tasks for the year. They must take proactive steps to stabilise interest rates and fully comply with the regulations on the listing and application of deposit and lending rates.

A key emphasis is improving interest rate transparency. Banks must continue publicly disclosing average lending rates, the spread between deposit and le...