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Central Vietnam (Vietnamese: Trung Bộ or miền Trung), also known as Middle Vietnam or The Middle, formerly known as Trung Việt by the State of Vietnam, Trung Phần by the Republic of Vietnam, [1] Trung Kỳ or Annam under French colonial rule, is one of the three geographical regions within Vietnam. The name Trung Bộ was used by the ...
The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced the previously used French Indochinese piastre. [6] [7] Formerly, it was subdivided into 10 hao (hào), which were further subdivided into 10 xu, neither of which are now used due to inflation. The Vietnamese dong has increasingly moved ...
The term tiền (chữ Hán: 錢) is used to refer to various currency-related concepts used in Vietnamese history. The name is a cognate with the Chinese qián (錢), a unit of weight called "mace" in English. It can refer to a unit of weight used in precious metal coinages as well as the number of cash coins in a string.
USD, there is a tremendous interest by foreign companies to get access to the Vietnamese market or continue the expansion using mergers and acquisitions. From 1991 to February 2018, Vietnamese companies were involved as either an acquiror or an acquired company in 4,000 mergers and acquisitions with a total value of 40.6 bil. USD.
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 South Central Coast is central Vietnam's most industrialized region, mostly due to major industrial centers such as Da Nang and Khánh Hòa province. However, industrialization in the region is still lagging behind the national average and is far behind Vietnam's two major industrial hubs around Ho Chi Minh City and Hanoi.
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.
Vietnam, [e] [f] officially the Socialist Republic of Vietnam, [g] [h] is a country at the eastern edge of mainland Southeast Asia, with an area of about 331,000 square kilometres (128,000 sq mi) and a population of over 100 million, making it the world's fifteenth-most populous country.