Vietnam Aims to Boost Financial Integration by Cutting Reserve Requirements for Dong Deposits at Selected Banks
2025-08-14 / Read about 0 minute
Author:小编   

Vietnam is set to slash the reserve requirement ratio for Vietnamese dong deposits held by financial institutions that assume control of troubled banks, aiming to accelerate the integration of the financial industry. Effective from October 1, the reserve requirement ratio for dong deposits at these institutions will be halved. Currently, the ratio stands at 1% for long-term dong deposits and 3% for short-term deposits. However, the applicability of this new rule to US dollar deposits, which carry a reserve requirement ratio of 8% for short-term and 6% for long-term deposits, remains unclear.