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Vietnamese banks raise interest rates to pre-pandemic levels

HANOI, Nov. 15 (Xinhua) — Commercial banks in Vietnam have increased deposit interest rates to up to nearly 10 percent amid inflationary pressure, Vietnam News Agency reported on Tuesday.

Sai Gon Joint Stock Commercial Bank offered the highest rate with 9.75 percent interest for customers depositing money for 13, 15, 18, 24 and 36-month terms. Vietnam Prosperity Joint Stock Commercial Bank also increased intere