Vietnam has a deposit insurance system.
The coverage currently published by Deposit Insurance of Vietnam is 125 million VND per depositor and per insured institution, including principal and interest, for eligible deposits in VND.
This is particularly important information if you are considering placing a large portion of your wealth in Vietnam.
125 million VND is not 125 million VND per account.
The limit applies to the depositor at the concerned institution.
For significant savings, it is therefore necessary to carefully examine the applicable protection rather than assuming that the entire capital is guaranteed.