Vietnam Policy Rate

2003 - 2026 | Monthly | % pa | State Bank of Vietnam

Key information about Vietnam Policy Rate

  • Vietnam cash rate (Policy Rate: Month End: Discount Rate) was set at 3.00 % pa in Jan 2026, compared with 3.00 % pa in the previous Dec 2025.
  • Vietnam Policy Rate averaged 4.50 % pa and is updated monthly, available from Aug 2003 to Jan 2026.
  • 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.

[COVID-19-IMPACT]


Related information about Vietnam Policy Rate

  • In the latest reports, Vietnam Short Term Interest Rate: Month End: VNIBOR: 3 Months was reported at 8.42 % pa in Dec 2025.
  • Vietnam Exchange Rate against USD averaged 25,123.60 (USD/VND) in Nov 2025.

View Vietnam's Policy Rate from Aug 2003 to Jan 2026 in the chart:

Vietnam Policy Rate

What was Vietnam's Policy Rate in Jan 2026?

Vietnam cash rate (Policy Rate: Month End: Discount Rate) was set at 3.00 % pa in Jan 2026, compared with 3.00 % pa in the previous Dec 2025. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.00 Jan 2026 3.00 Dec 2025 2.50 Aug 2022 13.00 Feb 2012 % pa monthly Aug 2003 - Jan 2026

Policy Rate by Country Comparison

country/region Last Frequency Range
Albania (% pa) 2.50 Jan 2026 monthly Jan 2000 - Jan 2026
Algeria (% pa) 2.75 Jan 2026 monthly Jan 1963 - Jan 2026
Argentina (%) 25.46 Dec 2025 monthly Jan 1985 - Dec 2025
Armenia (% pa) 6.50 Jan 2026 monthly May 2001 - Jan 2026
Australia (% pa) 3.60 Jan 2026 monthly Aug 1990 - Jan 2026
Austria (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Azerbaijan (% pa) 6.75 Dec 2025 monthly Jan 2005 - Dec 2025
Bahrain (% pa) 4.50 Jan 2026 monthly Jan 2007 - Jan 2026
Bangladesh (% pa) 10.00 Oct 2025 monthly Sep 2009 - Oct 2025
Belarus (% pa) 9.75 Jan 2026 monthly Jul 1991 - Jan 2026
Belgium (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Bolivia (% pa) 3.34 Jan 2026 monthly Jan 2013 - Jan 2026
Botswana (% pa) 3.75 Apr 2022 monthly Aug 1976 - Apr 2022
Brazil (% pa) 15.00 Jan 2026 monthly Mar 1999 - Jan 2026
Bulgaria (% pa) 1.81 Dec 2025 monthly Feb 1991 - Dec 2025
Canada (% pa) 2.25 Jan 2026 monthly Dec 1992 - Jan 2026
Chile (% pa) 4.50 Dec 2025 monthly May 1995 - Dec 2025
China (% pa) 1.40 Nov 2025 monthly May 2012 - Nov 2025
Colombia (% pa) 9.25 Jan 2026 monthly Apr 1995 - Jan 2026
Croatia (% pa) 3.00 Dec 2022 monthly Dec 1992 - Dec 2022
Cyprus (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Czech Republic (% pa) 2.50 Jan 2026 monthly Jan 1993 - Jan 2026
Denmark (% pa) 1.60 Jan 2026 monthly Aug 1914 - Jan 2026
Ecuador (% pa) 7.74 Jan 2026 monthly Jul 1995 - Jan 2026
Egypt (% pa) 20.50 Jan 2026 monthly Jan 1991 - Jan 2026
Estonia (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
European Union (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Finland (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
France (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Georgia (% pa) 8.00 Jan 2026 monthly Jan 2008 - Jan 2026
Germany (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Ghana (% pa) 25.00 Nov 2025 monthly Nov 2002 - Nov 2025
Greece (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Hong Kong SAR, China (% pa) 4.00 Jan 2026 monthly Jun 1992 - Jan 2026
Hungary (% pa) 6.50 Jan 2026 monthly Oct 1990 - Jan 2026
Iceland (% pa) 8.00 Jan 2026 monthly Jan 1994 - Jan 2026
India (% pa) 5.25 Jan 2026 monthly Apr 2001 - Jan 2026
Indonesia (% pa) 4.75 Jan 2026 monthly Jun 2015 - Jan 2026
Ireland (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Israel (% pa) 4.00 Jan 2026 monthly Dec 1998 - Jan 2026
Italy (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Ivory Coast (% pa) 2.50 Mar 2017 monthly Jan 1964 - Mar 2017
Japan (% pa) 0.50 Nov 2025 monthly Mar 2006 - Nov 2025
Jordan (% pa) 6.75 Jan 2026 monthly Dec 1965 - Jan 2026
Kazakhstan (% pa) 18.00 Jan 2026 monthly Feb 1992 - Jan 2026
Kenya (% pa) 9.00 Jan 2026 monthly Jul 2003 - Jan 2026
South Korea (% pa) 2.50 Jan 2026 monthly May 1999 - Jan 2026
Kosovo (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Kuwait (% pa) 3.50 Jan 2026 monthly Jul 1999 - Jan 2026
Kyrgyzstan (% pa) 11.00 Jan 2026 monthly Jan 1999 - Jan 2026
Laos (% pa) 8.50 Nov 2025 monthly Dec 1992 - Nov 2025
Latvia (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Lebanon (% pa) 20.00 Sep 2025 monthly Apr 1964 - Sep 2025
Lithuania (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Luxembourg (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Macau SAR, China (% pa) 4.00 Jan 2026 monthly Dec 1999 - Jan 2026
North Macedonia (% pa) 5.35 Oct 2025 monthly Jan 2002 - Oct 2025
Malawi (% pa) 26.00 Jan 2026 monthly Jan 1980 - Jan 2026
Malaysia (% pa) 2.75 Jan 2026 monthly Apr 2004 - Jan 2026
Malta (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Mauritius (% pa) 4.50 Jan 2026 monthly Dec 1999 - Jan 2026
Mexico (% pa) 7.00 Jan 2026 monthly Jan 2008 - Jan 2026
Moldova (% pa) 5.00 Jan 2026 monthly Feb 2001 - Jan 2026
Mongolia (% pa) 12.00 Jan 2026 monthly Jul 2007 - Jan 2026
Montenegro (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Morocco (% pa) 2.25 Jan 2026 monthly Jun 1995 - Jan 2026
Myanmar (% pa) 9.00 2025 yearly 1986 - 2025
Nepal (% pa) 5.75 Dec 2025 monthly Jul 2003 - Dec 2025
Netherlands (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
New Zealand (% pa) 2.25 Nov 2025 monthly Mar 1999 - Nov 2025
Nigeria (% pa) 27.00 Jan 2026 monthly Jan 2006 - Jan 2026
Norway (% pa) 4.00 Nov 2025 monthly Jan 1991 - Nov 2025
Oman (% pa) 4.25 Feb 2026 monthly May 2007 - Feb 2026
Pakistan (% pa) 11.50 Jan 2026 monthly Feb 1992 - Jan 2026
Paraguay (% pa) 5.75 Jan 2026 monthly Jul 2010 - Jan 2026
Peru (% pa) 4.25 Jan 2026 monthly Sep 2003 - Jan 2026
Philippines (% pa) 5.25 Nov 2025 monthly Jun 2016 - Nov 2025
Poland (% pa) 4.00 Jan 2026 monthly Jan 2005 - Jan 2026
Portugal (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Qatar (% pa) 4.35 Jan 2026 monthly Mar 2003 - Jan 2026
Romania (% pa) 6.50 Jan 2026 monthly Jan 2003 - Jan 2026
Russia (% pa) 16.00 Jan 2026 monthly Sep 2013 - Jan 2026
Saudi Arabia (% pa) 4.25 Jan 2026 monthly Jan 2000 - Jan 2026
Serbia (% pa) 5.75 Jan 2026 monthly Jan 2001 - Jan 2026
Singapore (% pa) 1.05 Nov 2025 monthly Jul 2005 - Nov 2025
Slovakia (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Slovenia (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
South Africa (% pa) 6.75 Jan 2026 monthly Nov 1999 - Jan 2026
Spain (% pa) 2.15 Jan 2026 monthly Jan 1999 - Jan 2026
Sri Lanka (% pa) 7.25 Jan 2026 monthly Jan 1997 - Jan 2026
Sweden (% pa) 1.75 Jan 2026 monthly Jan 1987 - Jan 2026
Switzerland (% pa) -0.05 Jan 2026 monthly Jun 1999 - Jan 2026
Syria (% pa) 5.00 Dec 2025 monthly Jan 1962 - Dec 2025
Taiwan, China (% pa) 2.00 Nov 2025 monthly Jul 1961 - Nov 2025
Tajikistan (% pa) 7.50 Dec 2025 monthly Jun 1995 - Dec 2025
Thailand (% pa) 1.25 Jan 2026 monthly May 2000 - Jan 2026
Tunisia (% pa) 7.00 Jan 2026 monthly Jan 2000 - Jan 2026
Turkey (% pa) 37.00 Jan 2026 monthly Jun 1996 - Jan 2026
Ukraine (% pa) 15.50 Jan 2026 monthly Dec 1992 - Jan 2026
United Arab Emirates (% pa) 3.65 Jan 2026 monthly Nov 2007 - Jan 2026

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Vietnam Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.7 2023 yearly 2010 - 2023
Tax Revenue (USD mn) 14,414.626 Sep 2025 quarterly Mar 2005 - Sep 2025
Tax Revenue: % of GDP (%) 11.4 2024 yearly 2010 - 2024
National Government Debt (USD mn) 150,597.5 2024 yearly 2010 - 2024
Government Debt: % of GDP (%) 31.8 2024 yearly 2010 - 2024
Forecast: Government Expenditure (VND bn) 3,829,916.988 2030 yearly 1998 - 2030
Forecast: Government Net Debt (VND bn) 5,860,710.158 2030 yearly 2000 - 2030
Forecast: Government Revenue (VND bn) 3,440,702.098 2030 yearly 1998 - 2030
State Govt Budget: ytd: Expenditure: Current (VND bn) 858,415.000 Sep 2024 quarterly Dec 2004 - Sep 2024
GD: Outstanding: External: VND (VND bn) 960,418.980 2023 yearly 2002 - 2023
GD: Outstanding: Domestic: VND (VND bn) 2,467,627.300 2023 yearly 2010 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 9.484 2028 yearly 1980 - 2028
Trade Balance (USD mn) -636.5 Dec 2025 monthly Jan 1996 - Dec 2025
Total Exports (USD mn) 44,050.0 Dec 2025 monthly Jan 1997 - Dec 2025
Total Exports Growth (%) 23.9 Dec 2025 monthly Jan 1998 - Dec 2025
Aluminum: Exports (USD th) 1,286,280.590 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 214,236.565 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 77,843.340 2024 yearly 1995 - 2024
Total Imports (USD mn) 44,686.6 Dec 2025 monthly Jan 1997 - Dec 2025
Total Imports Growth (%) 27.7 Dec 2025 monthly Jan 1998 - Dec 2025
Imports: Medicament (USD th) 2,579,374.106 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 2,570,776.356 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 14,396.582 Dec 2025 monthly Jan 1990 - Dec 2025
Total Imports from USA (USD mn) 2,269.786 Dec 2025 monthly Jan 1990 - Dec 2025
Total Exports to China (USD mn) 7,197.201 Dec 2025 monthly Jan 2013 - Dec 2025
Total Imports from China (USD mn) 18,255.317 Dec 2025 monthly Jan 1991 - Dec 2025
Exports: China (USD) 2,888,701,593.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Australia (USD) 293,830,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Japan (USD) 1,467,599,017.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: United States (USD) 4,562,588,364.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Canada (USD) 314,331,082.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Australia (USD) 388,919,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Thailand (USD) 1,010,176,779.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: United States of America (USD) 1,363,320,562.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: China (USD) 6,536,188,277.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Singapore (USD) 370,217,737.000 Apr 2019 monthly Jan 2013 - Apr 2019
Export Value Index (2015=100) 207.281 2021 yearly 1980 - 2021
Import Value Index (2015=100) 200.219 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 220.0 Sep 2025 quarterly Dec 2005 - Sep 2025
Current Account Balance (USD mn) 12,459.0 Sep 2025 quarterly Mar 1996 - Sep 2025
Current Account Balance: % of GDP (%) 6.4 2024 yearly 2010 - 2024
Foreign Direct Investment (USD mn) 5,600.0 Sep 2025 quarterly Mar 1996 - Sep 2025
Foreign Direct Investment: % of GDP (%) 4.2 2024 yearly 1985 - 2024
Foreign Portfolio Investment (USD mn) -2,366.000 Sep 2025 quarterly Dec 2005 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) -0.6 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -98.0 Dec 2014 quarterly Mar 2005 - Dec 2014
Foreign Portfolio Investment: Debt Securities (USD mn) -83.000 Dec 2014 quarterly Mar 2005 - Dec 2014
External Debt (USD mn) 132,510.5 2024 yearly 2010 - 2024
External Debt: % of GDP (%) 27.9 2024 yearly 2010 - 2024
External Debt: Short Term (USD mn) 37,087.4 2024 yearly 1981 - 2024
External Debt: Short Term: % of GDP (%) 7.8 2024 yearly 1985 - 2024
Forecast: Current Account Balance (USD bn) 7.548 2030 yearly 1980 - 2030
Government Debt: % of GDP (%) 33.500 2023 yearly 2010 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.8 Mar 2024 quarterly Dec 2011 - Mar 2024
Money Supply M1 (USD mn) 140,458.600 Nov 2023 monthly Dec 2000 - Nov 2023
Money Supply M2 (USD mn) 591,051.206 Nov 2023 monthly Dec 2000 - Nov 2023
M2 Growth (%) 10.2 Nov 2023 monthly Dec 2001 - Nov 2023
Reserve Requirement Ratio (%) 3.0 Jan 2026 monthly Feb 2010 - Jan 2026
Foreign Exchange Reserves (USD mn) 80,279.8 Jul 2025 monthly Jan 1995 - Jul 2025
Foreign Exchange Reserves: % of GDP (%) 3.000 Dec 2025 monthly Feb 2010 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 2.1 Sep 2025 monthly Mar 1997 - Sep 2025
Gold Reserves (USD mn) 1,248.790 Sep 2025 monthly Jan 1995 - Sep 2025
Domestic Credit (USD mn) 548,147.2 Nov 2023 monthly Dec 1992 - Nov 2023
Domestic Credit Growth (%) 11.5 Nov 2023 monthly Dec 1993 - Nov 2023
Total Loans (USD mn) 717,631.880 Oct 2025 monthly Apr 2012 - Oct 2025
Total Loans Growth (%) 20.24 Nov 2025 monthly Apr 2013 - Nov 2025
Private Debt: % of Nominal GDP (%) 127.79 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Reserves: Foreign Exchange (USD mn) 82,209.440 Sep 2025 quarterly Mar 1995 - Sep 2025
Foreign Reserves: Total Include Gold (USD mn) 85,421.803 Sep 2025 quarterly Mar 1995 - Sep 2025
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.543 2019 yearly 2017 - 2019

More Indicators for Vietnam

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