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In response to increasing pressure on the Vietnamese dong as a result of high inflation in the US, on 17 October 2022, the decision was made to increase the dong's trading band from 3 to 5 percent. As a result, from 16 October to 24 October the currency lost 2.98 percent of its value falling from 24,135 to 24,845 Vietnamese dong to the dollar. [44]
(Source: Ministry of Industry & Trade of Vietnam, Woori CBV Securities Corporation) The index is computed as the geometric mean of the bilateral exchange rates of the included currencies. The weight assigned to the value of each currency in the calculation is based on trade data, and is updated annually (the value of the index itself is updated ...
Vietnam Investor Confidence Index - the first index of Vietnam Investor Confidence. VND Index, a measure of global strength of Vietnam Dong. Vietnam Consumer Confidence Index, a measure of consumer confidence of Vietnam, which is defined as the degree of optimism on their activities of savings and spending. Vietnam Monetary Condition Indexes
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 article lists Vietnam's province-level divisions by Gross regional domestic product (GRDP). Each province's GRDP is listed in both the national currency VND, and at nominal U.S. dollar values according to annual average exchange rates and according to purchasing power parity (PPP).
Anhao Paper Factory, 1961. South Vietnam had a small industrial sector and fell far behind other countries in the region in this respect. [1] Output increased 2.5 to 3 times over the 20 years of the country's existence, but the share in total GDP remained at only around 10%, even dropping to 6% in some years, while the economy was dominated by strong agricultural and service sectors. [1]
20 Dong, 1946 5 Dong, 1947 100 Dong, 1948. The government (Việt Nam Dân Chủ Cộng Hòa) issued two forms of paper money for this currency, "Vietnamese banknotes" (Giấy Bạc Việt Nam) and "Credit notes" (Tín Phiếu). In 1946, banknotes were introduced in denominations of 20 and 50 xu, 1, 5, 20, 50, 100 đồng, together with credit ...
Vietnam is the world's third-largest rice exporter. Vietnam is the world's second-largest coffee producer and exporter. Vietnam is the world's largest cashew exporter. In 2003, Vietnam produced an estimated 30.7 million cubic meters of wood. Production of sawn wood was a more modest 2,950 cubic meters.
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