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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 ...
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 1954, this became the currency of the newly recognized state of North Vietnam, with an exchange rate to the still circulating piastre and South Vietnamese đồng of 32 northern đồng = 1 piastre or southern đồng. In 1956, the đồng was pegged to the Chinese renminbi yuan at a rate of 1.47 đồng = 1 yuan.
Ships from Luzon in the Philippine archipelago came to the great port of Vietnam in the Gulf of Tonkin to trade. By 1500 BC, jade that was manufactured in the Philippines using raw materials from Taiwan, ended up in Vietnamese ports. [1] Likewise, by 1000 BC, bronze drums from the Dong Son Culture in Hanoi, were exported to ports in the ...
Vietnam's anthracite coal reserves are estimated at 3.7 billion tons. Coal production was almost 19 million tons in 2003, compared with 9.6 million tons in 1999. Vietnam's potential natural gas reserves are 1.3 trillion cubic meters. In 2002, Vietnam brought ashore 2.26 billion cubic meters of natural gas. Hydroelectric power is another source ...
The Embassy of the Philippines in Hanoi is the diplomatic mission of the Republic of the Philippines to the Socialist Republic of Vietnam. It is located at 27B Tran Hung Dao Street in the Hoàn Kiếm district of central Hanoi, located within the city's historic French quarter. The embassy provides consular services and deals with diplomatic ...
The Philippines and Vietnam will kick off their first-ever joint coast guard exercise in the Manila Bay this week, in line with a commitment by both countries to boost maritime cooperation. The ...
National Route 1 (Vietnamese: Quốc lộ 1 (or abbrv.QL.1) or Đường 1), also known as National Route 1A, is the trans-Vietnam highway.The route begins at km 0 at Hữu Nghị Quan Border Gate near the China-Vietnam border, [1] runs the length of the country connecting major cities including Hanoi, Da Nang and Ho Chi Minh City, and ends at km 2301.34 [citation needed] at Năm Căn township ...