South Vietnam Dong . The North Vietnamese captured Saigon on April 30, accepting the surrender of South Vietnam. In 1978, Vietnamese government issued new currency of Vietnam Dong (VND), unified financial market of the North and the South. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. In 1960, 1 đồng were added, followed by 10 đồng in 1964, 5 đồng in 1966 and 20 đồng in 1968. [3] Subsequently, the Ngân-Hàng Quốc-Gia Việt-Nam (National Bank of Vietnam) took over the issuance of paper money, introducing 2 and 500 đồng notes in 1955 and 20 and 50 đồng in 1956. After the fall of Saigon, the new government took over the National Bank of Vietnam but retained the old currency until June 6, 1975 when the Provisional Revolutionary Government of the Republic of South Vietnam enacted Decree No. The new dong equalled 1 dong of North Vietnam and 0.80 of South Vietnam. Be Printed 2016, Vietnam 500, 000 500000 500. The kitchen is the heart of a home. Vietnamese government launched Five-Year Plans in agriculture and industry aiming at recovering after the war and building socialist nation.Government held a decisive part in the national economy. Da Nang’s history can be traced back to 192AD when it was part of the Champa Kingdom, only becoming part of Vietnam after the culmination of Đại Việt Southern expansion in the 15th century. Efforts to collectivize agriculture and nationalize business aroused hostility in the south. http://art-hanoi.com/collection/vncoins/1975.html, Collection Banknotes of Vietnam and the World, Saigon Black Market Exchange Rates 1955-1975, https://en.wikipedia.org/w/index.php?title=South_Vietnamese_đồng&oldid=965632136, Short description is different from Wikidata, Articles with Vietnamese-language sources (vi), Articles containing Vietnamese-language text, Creative Commons Attribution-ShareAlike License, 1, 5, 10, 20, 50, 100, 200, 500, 1000 đồng, Three women, "Quốc gia Việt Nam" (State of Vietnam), This page was last edited on 2 July 2020, at 13:37. Unfortunately, the printed currency failed since the Ho Dynasty forced people to exchange coins for banknotes. When the 20-year Viet Nam War ended in 1975, Viet Nam’s economy was one of the poorest in the world, and growth under the government’s subsequent five-year central plans was anaemic. In addition to the above coins, The Indochina Bank also issued banknotes, with images of three girls in the traditional costumes of Vietnam, Laos and Cambodia. Mar 7, 2020 - Explore Hung Huynh's board "Vietnam before 1975", followed by 391 people on Pinterest. South Vietnam Currency . The official currency in Vietnam is the Vietnamese “Dong” or in the shorter way, Dong. On September 22, 1975, the Provisional Revolutionary Government of the Republic of South Vietnam organized launched a new national currency, called "Bank of Vietnam Money" (also known as liberation money) at the rate of 1 dong of the new currency for 500 dong of the old one and equivalent to US$1. The government's Second Five-Year Plan (1976–1981) set extraordinarily high goals for annual growth rates in industry, agriculture, and national income and aimed to integrate the North and the South. See more ideas about vietnam, saigon, south vietnam. Vietnam runs on two currencies: Vietnamese dong and US dollars. The đồng (.mw-parser-output .vi-nom{font-family:"Han-Nom Gothic","Nom Na Tong","Han-Nom Ming","Han-Nom Minh","HAN NOM A","HAN NOM B","Han-Nom Kai","Sun-ExtA","Sun-ExtB","Ming-Lt-HKSCS-UNI-H","Ming-Lt-HKSCS-ExtB","HanaMinA","HanaMinB","HanaMin","MingLiU","MingLiU-ExtB","MingLiU HKSCS","MingLiU HKSCS-ExtB","SimSun","SimSun-ExtB","FZKaiT-Extended","FZKaiT-Extended(SIP)",sans-serif}.mw-parser-output .vi-nom .ext{font-family:"Han-Nom Gothic","Han-Nom Ming","Han-Nom Minh","BabelStone Han","Sun-ExtB","MingLiU HKSCS-ExtB","Ming-Lt-HKSCS-ExtB","HanaMinB","Han-Nom Kai",sans-serif}銅) was the currency of South Vietnam from 1953 to 2 May 1978. Disappointing harvests and the absorption of resources by the military further retarded Viet Nam's recovery. The Institut issues for Cambodia and Laos ceased to be legal tender on 7 October, and all Bank of Indochina notes lost their legal tender status on 31 October following the 15 October introduction of the first notes from the National Bank of Vietnam. But then something changed. The last major change to the dong occurred in 2003 when the began to replace the cotton banknotes with plastic polymer and added the 500,000 note. While the last streetcar disappeared from Saigon’s streets in 1959, Hanoi held on to theirs until 1989. “I just fly with my knife,” Lim Khim Katy explains of the process behind her striking landscapes. Copyright © 2021 Urbanist Network. This currency was first introduced to the country by the government of North Vietnam in 1946, replacing the piastra of the French Indochina. In 1953, the Vietnam branch of the Institut d'Emission des Etats du Cambodge, du Laos et du Vietnam issued notes dual denominated in piastre and đồng. South Vietnamese Dong . Mailing List - See more. Vietnam 5 X 200000 = 1million Dong Polymer Vietnamese Currency - Unc 2 photo. 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