Popular institutions for savings deposits of consumers in Vietnam by generation 2023

Published by Statista Research Department, Jul 13, 2023

Based on a survey conducted in 2023 in Vietnam, tradition banks were the most popular institution for savings and time deposits among consumers of Gen X and Millennials generation. Meanwhile, Gen Z preferred to use digital wallet to save their fixed-term deposits, as stated by 61 percent of respondents from this generation.

Popular institutions that consumers used to keep their savings and fixed-term deposits in Vietnam as of April 2023, by generation

Characteristic	Gen Z	Millennials	Gen X
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Release date

June 2023

More information

Region

Vietnam

Survey time period

Arpil 4 to 17, 2023

Number of respondents

634 respondents

Age group

18 years and older

Special properties

among consumers nationwide

Method of interview

Questionnaire

Supplementary notes

Original question: "Which type of institutions do you currently keep your savings/time deposits?"

The source did not specify the publication date. the date used here is the access date.

According to the source, Generation X are people born between 1965 and 1980, Millennials are those born between 1981 and 1996, and Generation Z are those born between 1997 and 2009.

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