Vietnam is a nation that began with an economy focused around agriculture. Feudal dynasties made agriculture the most important factor of Vietnam’s economy by regulating land ownership and encouraging the cultivation of wet rice. Whenever war was not an issue, members of the military were forced to help this agricultural economy thrive. Fast forward to the 20th century and we see North and South Korea divided politically. This greatly affected the economy, especially since both the north Read the rest of this entry »

Vietnam has two forms of legal tender currently. The United States dollar and the Vietnamese Dong are both accepted, especially in the cities and areas where tourism is central to the economy.

The official currency of Vietnam is the Dong. It is available in both paper and coin denominations. Paper notes start at 200d and go all the way up to 500,000d. Coins came back into circulation in 2003 and were released in 200d, 500d, 1000d, 2000d and 5000d.

Knowing the exchange rate for the Vietnamese Dong is essential if you’re visiting the country. While in theory you may Read the rest of this entry »

There is perhaps no more well known icon associated with the country of Vietnam than that of the former leader Ho Chi Minh. In fact, a portrait of Uncle Ho, as he is informally known as in Vietnam, is printed on every denomination of Vietnamese Dong. In addition, the 500,000 dong note also features an image of Ho Chi Minh’s birthplace, Kim Lien.

Uncle Ho was born in 1890 as Nguyen Sinh Cung. At 22 years of Read the rest of this entry »

The Vietnamese Dong is the official currency of the country of Vietnam and has been since 1978. The funds are issued by the State Bank of Vietnam.

It is issued in two different forms. The banknotes are more commonly used and widely circulated. The older issued paper forms are no longer produced but still in circulation in denominations of 100d, 200d, 500d, 1,000d, 2,000d and 5,000d. The banknotes that are still being issued are in denominations including 10,000d, 20,000d, 50,000d, 100,000d, 200,000d and the largest is 500,000d.

The Vietnamese Dong is also issued in coin form. Coins were originally Read the rest of this entry »

The Vietnamese Dong currency has a pretty decent history, which can be traced all the way back to the early 1940s. This currency has undergone several look changes. It all began back when Vietnam received their independence from France, becoming their own country. Back then, the Vietnamese Dong Paper had the image of Uncle Ho on one side. Uncle Ho was known a great military leader during the Vietnamese wars. On the other side of this currency paper, were different symbols consisting of agriculture, industry, and Read the rest of this entry »