Vietnamese banks are facing a significant liquidity crunch, prompting aggressive efforts to attract deposits. Bank employees are actively seeking depositors through social media and personal networks, indicating a growing need for capital. Simultaneously, banks are accelerating the issuance of bonds and increasing foreign borrowing to bolster their funding. This scramble for funds suggests underlying pressures within the banking sector and potentially impacts the broader Vietnamese economy. The situation highlights challenges in domestic capital mobilization and a reliance on alternative funding sources. Experts are monitoring these developments closely for potential systemic risk and implications for lending activities. These actions demonstrate a proactive, yet concerning, response to the tightening liquidity conditions.