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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]
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.
For Vietnam as a whole, the war resulted in some 3 million military and civilian deaths, 362,000 invalids, 1 million widows, and 800,000 orphans. The country sustained a further loss in human capital through the exodus of political refugees from Vietnam after the communist victory in the South. According to the United Nations High Commission ...
India on Thursday offered a $300 million loan to build up Vietnam’s maritime security, as the two sides said they want to double their trade and investment within five years. Prime Minister ...
What will 45.6 billion won get you in Korea? How much would 45.6 billion won mean to a “normal” person in Korea? Well, the average monthly salary in Korea is 3.9 million won, or around $2,696 ...
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]
In 2012, Vietnam received 6.8 million international visitors and the number is expected to reach over 7 million in 2013. Vietnam keeps emerging as an attractive destination. In TripAdvisor's list of top 25 destinations Asia 2013 by travelers' choice, there are four cities of Vietnam, namely Hanoi, Ho Chi Minh City, Hoi An and Ha Long.
In 2004 international donors pledged ODA of US$2.25 billion, of which US$1.65 billion was disbursed. [1] Three donors accounted for 80 percent of disbursements in 2004: Japan, the World Bank, and the Asian Development Bank. [1] During the period 2006–10, Vietnam hopes to receive US$14 billion–US$15 billion of ODA. [1]