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In response to increasing pressure on the Vietnamese dong as a result of high inflation in the US, on 17 October 2022, the decision was made to increase the dong's trading band from 3 to 5 percent. As a result, from 16 October to 24 October the currency lost 2.98 percent of its value falling from 24,135 to 24,845 Vietnamese dong to the dollar. [44]
In 1953, 10, 20 and 50 su coins were introduced. In 1960, 1 đồng were added, followed by 10 đồng in 1964, 5 đồng in 1966 and 20 đồng in 1968. 50 đồng were minted dated 1975 but they were never shipped to Vietnam due to the fall of the South Vietnamese government.
Anhao Paper Factory, 1961. South Vietnam had a small industrial sector and fell far behind other countries in the region in this respect. [1] Output increased 2.5 to 3 times over the 20 years of the country's existence, but the share in total GDP remained at only around 10%, even dropping to 6% in some years, while the economy was dominated by strong agricultural and service sectors. [1]
Vietnam is the world's third-largest rice exporter. Vietnam is the world's second-largest coffee producer and exporter. Vietnam is the world's largest cashew exporter. In 2003, Vietnam produced an estimated 30.7 million cubic meters of wood. Production of sawn wood was a more modest 2,950 cubic meters.
20 Dong, 1946 5 Dong, 1947 100 Dong, 1948. The government (Việt Nam Dân Chủ Cộng Hòa) issued two forms of paper money for this currency, "Vietnamese banknotes" (Giấy Bạc Việt Nam) and "Credit notes" (Tín Phiếu). In 1946, banknotes were introduced in denominations of 20 and 50 xu, 1, 5, 20, 50, 100 đồng, together with credit ...
The Vietnam War, (also known as the Second Indochina War, Vietnam Conflict, and in Vietnam as the American War), took place from 1955 to 1975. The war was fought between the Communist-supported North Vietnam and the United States-supported South Vietnam , beginning with the presence of a small number of US military advisors in 1955 and ...
The North–South express railway (Vietnamese: Đường sắt cao tốc Bắc-Nam) is a planned high speed railway in Vietnam. [2] [3] The line would begin in Thanh Trì and end in Thủ Đức, connecting the two most urbanised areas in the country: Hanoi in the North, and Ho Chi Minh City in the South. [4]
Socialist Republic of Vietnam Cộng hòa Xã hội chủ nghĩa Việt Nam (Vietnamese) Flag Emblem Motto: Độc lập – Tự do – Hạnh phúc "Independence – Freedom – Happiness" Anthem: Tiến Quân Ca "The Song of the Marching Troops" Show globe Show map of ASEAN Location of Vietnam (green) in ASEAN (dark grey) Capital Hanoi 21°2′N 105°51′E / 21.033°N 105.850°E ...