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South Vietnam 500 dong banknote issued in 1966. Notes dually denominated in piastres and dong were issued in 1953 for the State of Vietnam, which evolved into South Vietnam in 1954. On 22 September 1975, after the fall of Saigon, the currency in South Vietnam was changed to a "liberation dong" worth 500 old Southern dong.
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.
The State Bank of Vietnam (SBV; Vietnamese: Ngân hàng Nhà nước Việt Nam) is the central bank of Vietnam. Organized as a ministry-level body under the Government of Vietnam, it is the sole issuer of the national currency, the Vietnamese đồng. [3] As of 2024 it holds over USD 100 million in foreign exchange reserves. [2]
The Vietnamese cash (chữ Hán: 文 錢 văn tiền; chữ Nôm: 銅 錢 đồng tiền; French: sapèque), [a] [b] also called the sapek or sapèque, [c] is a cast round coin with a square hole that was an official currency of Vietnam from the Đinh dynasty in 970 until the Nguyễn dynasty in 1945, and remained in circulation in North Vietnam until 1948.
One of the big events of the Lý dynasty is changing the name of the country from Đại Cồ Việt (大瞿越) to Đại Việt (大越) in 1054 under the reign of Lý Thánh Tông. [16] During the Lý dynasty, the Vietnamese began their long march to the south ( Nam tiến ) at the expense of the Chams.
From 970 to 975, Đinh Bộ Lĩnh established the status of Đại Việt as a protectorate and tributary state of the Song dynasty to gain Chinese recognition of the independence of Đại Việt. [ 1 ] [ 2 ] [ 3 ] The tributary relationship would last until the French protectorate was established in 1883.
The Việt Nam Quốc Dân Đảng (Vietnamese: [vìət naːm kwə́wk zən ɗa᷉ːŋ]; chữ Hán: 越南國民黨; lit. ' Vietnamese Nationalist Party ' or ' Vietnamese National Party '), abbreviated VNQDĐ or Việt Quốc, was a nationalist and democratic socialist political party that sought independence from French colonial rule in Vietnam during the early 20th century. [4]
These new holidays were to include the International Labour Day on 1 May, the anniversary of the August Revolution on 19 August, Viet Nam's National Day on 2 September, and Ho Chi Minh's birthday on 19 May. [4] The lunar new year, Tết Nguyên Đán and the mid-autumn moon, Tết Trung Thu, continued to be observed as traditionally.