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[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 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 ...
GDP per capita development in Vietnam. The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 33rd-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.
This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar.
The Indonesian rupiah (IDR) banknotes denominations in circulation since 2016. There are 50 million small businesses in Indonesia, with online usage growth of 48% in 2010. Google announced that it would open a local office in Indonesia before 2012. [103] According to Deloitte in 2011, Internet-related activities have generated 1.6% of the GDP.
The Asian financial crisis of 1997–1998 reduced the rupiah's value by over 80% in a few months and was a major factor in the overthrow of President Suharto's government. The rupiah had traded at about 2000–3000 rupiah per 1 USD, but reached a low of 16,800 rupiah per dollar in June 1998. The currency, which had been relatively stable in ...
The next coin design, was '1999' 50 rupiah coin, which was struck in aluminium showing the black-naped oriole. As with the 500 rupiah, the reverse of the coin has a larger numerical denomination. Dates are 1999, 2001 and 2002. The 100 rupiah coin was also altered in the same manner to aluminium from '1999', depicting the palm cockatoo. Mint ...
Though unofficial, Vietnam recognizes the exchange of the renminbi to the đồng. [92] In 2017 ¥215 billion was circulating in Indonesia. In 2018 a Bilateral Currency Swap Agreement was made by the Bank of Indonesia and the Bank of China which simplified business transactions, and in 2020 about 10% of Indonesia's global trade was in renminbi ...
The Vietnam People's Navy has itself built six Tarantul-class corvettes (Molniya class) with Russian supervision and has designed and built the first warships of the TT-400TP gunboat class. [94] Vietnam also purchased two Pohang-class corvettes were purchased from South Korea, one in 2017 and