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The dong (Vietnamese: đồng) (/ dɒŋ /; Vietnamese: [ˀɗɜwŋ͡m˨˩]; sign: ₫ or informally đ in Vietnamese; [2] code: VND) has been the currency of Vietnam since 3 May 1978. [3][4] It is issued by the State Bank of Vietnam. [5] The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced ...
Hong was accused of evading taxes amounting to 6.7 billion Vietnamese dong ($274,702) from 2012 to 2022, state media reported citing the indictment. The trial lasted half a day after Hong pled guilty.
In the initial public offering, the company sold some 391 million shares to about 30,000 investors, defrauding them of 3.6 trillion Vietnamese dong (about $144 million) according to the indictment
Since 2012, the Vietnamese dong closely tied to the U.S. dollar. [10] Every year or two Vietnam undergoes a cycle staff report based on Article IV Consultation [11] and hold discussions of their economic developments. As of July 2016, Vietnam has found some promising progress as they have decreased their poverty rate by one percent and managed ...
On 30 December, VTV was fined 15 million Vietnamese Dong and ordered to issue a public correction by the Ministry of Information and Communications for broadcasting wrongful information about Công Phượng's age, [66] the newspaper Thể Thao 24h was also fined 10 million Vietnamese Dong and ordered to issue a public correction. [67]
And while a death sentence for embezzlement is rare, it doesn’t take much to prompt it: embezzling as little as 500 million Vietnamese dong, or $20,000, from government funds can qualify for a ...
The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 35th-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.
Techcombank started in 1993 with just 20 billion Vietnamese dong ($790 million at today’s exchange rates) in charter capital. The bank attracted prominent domestic and international investors.
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