Commercial banks quietly raising interests rates after Tet HolidayA few days after the Tet Holiday, numerous commercial banks silently raised interest rates due to liquidity-related issues, the whopping demand for capital, and the great competition among Vietnam-based commercial banks. The great gap between before- and after-Tet Holiday interest rates was due to commercial banks' liquidity matters, demand for capital mobilasition and financial performance. In contrast, medium-scale commercial banks offer six-month deposit interest rates of 6.8 per cent. As concluded by the National Financial Supervision Commission (NFSC), the liquidity of the overall financial system was “healthy,” yet only a modest number of commercial banks, especially large-scale commercial banks, could reach this threshold. Vietcombank’s low interest rate enabled the bank’s lending rate to be relatively lower than other large-scale commercial banks.