Today we're talking about Vietnamese Dong, the currency of Vietnam.
A simple purchase of meal or snacks could cost tens of thousands and cloth price can reach hundred of thousands.
How did Vietnamese Dong gain many digits like on this banknote, and is there any plan to cut the zeroes to simplify the transaction?
REFERENCES
Adams, J. P., & Army War Coll Carlisle Barracks Pa. (1982). US Military Currency Control Operations in the Vietnam War (p. 0033). US Army War College.
Dapice, D. (2021). Vietnam’s currency management: theory, practice and reality. Fulbright Review of Economics and Policy, 1(1), 32-42.
Leung, S., & Vo, T. T. (1996). Vietnam in the 1980s: price reforms and stabilisation. PSL Quarterly Review, 49(197).
Liên, P. T. A Study Of Human Symbols On Vietnamese Banknotes: Their Symbolism And Characteristic.
Truitt, A. (2006). Big money, new money, and ATMs: valuing Vietnamese currency in Ho Chi Minh City. In Markets and Market Liberalization: Ethnographic Reflections (pp. 283-308). Emerald Group Publishing Limited.
Vuong, T. T., Semerák, V., & Vuong, Q. H. (2019). The Vietnamese economy at the crossroads. Southeast Asia and the ASEAN economic community, 91-143.
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KEYWORDS: Vietnamese Dong, Vietnam currency, banknote collection, Vietnam history
