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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]
The Battle of Ngọc Hồi-Đống Đa or Qing invasion of Đại Việt (Vietnamese: Trận Ngọc Hồi - Đống Đa; Chinese: 清軍入越戰爭), also known as Victory of Kỷ Dậu (Vietnamese: Chiến thắng Kỷ Dậu), was fought between the forces of the Vietnamese Tây Sơn dynasty and the Qing dynasty in Ngọc Hồi [] (a place near Thanh Trì) and Đống Đa in northern Vietnam ...
Until the French colonization in the mid-19th century, Vietnam's economy had been mostly agrarian, subsistence-based and village-oriented. French colonizers, however, deliberately developed the regions differently as the French needed raw materials and a market for French manufactured goods, designating the South for agricultural production as it was better suited for agriculture, and the ...
In a naval battle in Hàm Tử (in modern-day Khoái Châu District) in late May 1285, a contingent of Yuan troops was defeated by a partisan force consisting of former Song troops led by Zhao Zhong under prince Nhật Duật and native militia. [73] On 9 June 1285, Mongol troops evacuated Thăng Long to withdraw to China.
In 1957 South Vietnam's President Ngô Đình Diệm visited the United States and was acclaimed a "miracle man' who had saved one-half of Vietnam from communism.However, in the latter part of the year, violent incidents committed by anti-Diệm insurgents increased and doubts about the viability of Diệm's government were expressed in the media and by U.S. government officials.
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.
In 2009, following regions whose currency has been selected into calculation of VND Index are: United States, China, Japan, Europe, Singapore, Taiwan, and South Korea.Those seven regions are chosen, whose currencies selected into the index, based on the value of their export and import to Vietnam:
The Battle of Tốt Động – Chúc Động or the Battle of Tụy Động (Chinese: 崒洞祝洞之戰) in 1426 was the decisive battle in the 14-year Lam Sơn uprising which established Vietnam's independence from Ming China in 1428.